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Referring to the data presented, men initially have higher systolic blood pressure until they reach a certain age, in which their systolic blood pressure begins to drop below women systolic blood pressures? At approximately what age are men’s systolic pressures lower than women’s systolic pressures?

Which of the following would be part of the deadweight loss from a tariff?

Information for questions 1-5 The graph below shows the supply and demand for soybeans in a certain country. The world price of soybeans is $2.00 per bushel, and this importing country is small enough not to affect the world price. The government places a tariff of $0.25 per bushel on soybean imports. For all questions, enter a whole or decimal number, as appropriate. Enter 0 if the answer cannot be obtained with the information given. Only exact answer is accepted, so double check your calculations. Note that quantities are in millions, but don’t enter the 6 zeros to make it into millions. So, if the answer were 13 million, enter 13, not 13000000. If the answer were $13 million, also enter 13 (that is, don’t enter the dollar sign). Calculate the deadweight loss of this tariff. Enter a positive number, even though it is a loss.

Which of the following is NOT a reason why people don’t get organized to protest against trade protection, even though they may hurt them in their consumer surplus?

Information for questions 1-5 The graph below shows the supply and demand for coffee in a certain country. The world price of coffee is $1.00 per pound. This is a small country, therefore whatever it does will not affect this world price. The government of this country charges a tariff of $0.80 per pound of imported coffee. Except where noted, all questions refer to the country’s situation after the tariff has been levied by the government. For all questions, enter a whole or decimal number, as appropriate. Enter 0 if the answer cannot be obtained from the information given. Only the exact answer is accepted, so double and triple check your calculations. Calculate the producer surplus of coffee production.

Monopoly powers given to domestic utility companies to create economies of scale might 

Separate standards refers to

After the end of World War II,

One argument for a country to protect a certain industry might be: this industry is new to the country, and cannot become competitive against foreign firms, unless it receives some form of temporary protection. This is an example of the…

Information for questions 8-10 A country assembles laptops made up of parts imported from the rest of the world. This country imposes a tariff of 10% on imported laptops (that is, laptops already assembled). It also imposes a tariff of 20% on imported parts that are used to assemble laptops. The following table shows what the price of one assembled laptop, and of the parts needed for one laptop, would be under free trade. You can use the blank rows and column as an aide: as you solve these questions you may want to reproduce the table in your scratch paper, and fill in the blank cells as you go.   For all questions, enter a whole or decimal number, as appropriate. For added values, enter the dollar amount (no $ sign). For the effective rate of protection enter a percentage (no % sign), not the corresponding decimal number. Make sure to enter the negative sign if the effective rate of protection is negative. For example, if the effective rate of protection is 15.6%, enter 15.6, not 0.156, and if it is -24.1%, enter -24.1, not -0.241, or 0.241, or 24.1. Enter 0 if the answer cannot be obtained with the information given. Only exact answer is accepted, so double and triple check your calculations.   Free trade (no tariff) 10% tariff on one laptop 20% tariff on parts Price of one (assembled) laptop 1500   Price of parts for one laptop 1000   Value added       Effective rate of protection     Calculate the value added of the assembling firms in this country, per laptop, if the country were in free trade.