The graph below presents the monthly domestic demand and the…

The graph below presents the monthly domestic demand and the monthly domestic supply for tablet computers . Part (i): Suppose that the world price of a tablet computer is $240. Will the country depicted above import or export tablet computers? How many each month? Part (ii): Suppose that the world price of a tablet computer is $240. Identify the increase in total surplus (i.e., the “gains from trade”) that occur when this market opens to trade.

Instructions Bellow, you see sentences with YOUR mistakes. F…

Instructions Bellow, you see sentences with YOUR mistakes. Find the mistake(s) and re-write the sentence correctly.  For example: YOU SEE: It is cold, I need a jacket.  YOU TYPE: It is cold, and I need a jacket.  Do NOT change the location of the clauses; for example, don’t type this: “I need a jacket because it’s cold.’ Make sure to spell everything correctly, use the correct capitalization rules, not to have an extra space between the words, and have a period at the end. If you have something in quotation marks and need a punctuation symbol, it should be inside the quotation marks. For example: Have you watched “Captain America?” – the question mark is inside the quotation marks.    1. In the other hand, there are all kind of advantage.

Below, you are provided with the firm-level demand, marginal…

Below, you are provided with the firm-level demand, marginal revenue, and relevant cost curves for a large pick-up truck producer. Suppose, initially, that this graph depicts the scenario in which pick-up trucks are not traded internationally. Part (i): Suppose that the United States does not trade pick-up trucks internationally. Identify the profit-maximizing number of trucks that this firm will sell each week, and the per-truck price that it charges. Part (ii): Suppose that the United States begins to trade pick-up trucks internationally. How would this affect this firms production of trucks assuming it remains in the market?