(Answered) Suppose there are only two countries in the world country a

Management Studies

Suppose there are only two countries in the world, Country A and Country B. The following table contains information on each country's demand and supply of some good.

|Country A | Country B

Demand |Q=109-2P | Q=185-2P

Supply |Q=1P-16 | Q=3P-25

If there is free trade between these two countries, what would be the quantity of Net Exports in Country A?

Round your answer to two decimal places. Remember, Net Exports is Exports - Imports. If your answer is negative, be sure to include the negative sign.

View complete question

Business Management, Management Studies

Category:- Business Management
Reference No.:- M92504071
Price:- $20

Verified Expert

Priced at $40 Now at $20, Verified Solution

Have any Question?Write your Review or question?

Related Questions in Business Management

The saying when in rome as the romans is part of todays

The saying, "When in Rome, as the Romans" is part of today's society's vernacular. Would be inclined to use this as your guiding principle in regards to ethical behavior in the work place? Why or why not?

I need assistance withnbspan analysis of the relationship

I need assistance with an analysis of the relationship between global entrepreneurship and innovation within organizations. It should include the following: The implications of this relationship for individuals and globa ...

Decide if you agree or disagree with the following

Decide if you agree or disagree with the following statement: "If everyone were moral, there would be no need for ethics." Explain why you believe the statement is true or false.

During jimmy carters presidency increases in the consumer

During Jimmy Carter's presidency, increases in the Consumer Price Index (CPI) reached double digits. In order to combat this problem, the Carter administration launched a Wage-Price Guidelines program in which businesses ...

What happens if wages and prices adjust very slowly in

What happens if wages and prices adjust very slowly in response to various shocks to the economy? Does this make business cycle, i.e. expansions and contractions in the economy, shorter or longer?

How does a fundraiser use donor motivations to increase

How does a fundraiser use donor motivations to increase fundraising effectiveness? What is your opinion on why so much of the money given to charity comes from people who are not wealthy-what is their motivation?

According to the bureau of labor statistics 71 of the labor

According to the Bureau of Labor Statistics, 7.1% of the labor force was recently unemployed. A random sample of 100 employable adults was selected. Using the normal approximation to the binomial distribution, what is th ...

In the basic break-even equation the term contribution is

In the basic break-even equation, the term contribution is used. What does the term contribution mean here? What does this number tell the manager?

Match the types of control and tools for controlling1

Match the types of control and tools for controlling. 1) Feedback control 2) Concurrent control 3) Precontrol is 4) Budgets, performance reports, and personal observation are A.occurs while the work is taking place. B.fo ...

Read the case history and discuss the management strategy

Read the case history and discuss the Management strategy that resulted in Reader's Digest's bankruptcy.How would you change the strategy that resulted from the bankruptcy? Case Study - A Reader's Digest That Grandma Nev ...

4,153,160 Questions Asked
13,132 Experts
2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Recent Questions

Ask Business Management Expert