The market price of rice in Thailand is 100 baht. The Thai government offers to buy rice
Question:
a. How is this likely to affect other buyers in the domestic market for rice?
b. Present a supply and demand diagram to show how much rice the Thai government will have to buy under this program.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 77% (9 reviews)
a If a single buyer in the market the government is wi...View the full answer
Answered By
Ali Khawaja
my expertise are as follows: financial accounting : - journal entries - financial statements including balance sheet, profit & loss account, cash flow statement & statement of changes in equity -consolidated statement of financial position. -ratio analysis -depreciation methods -accounting concepts -understanding and application of all international financial reporting standards (ifrs) -international accounting standards (ias) -etc business analysis : -business strategy -strategic choices -business processes -e-business -e-marketing -project management -finance -hrm financial management : -project appraisal -capital budgeting -net present value (npv) -internal rate of return (irr) -net present value(npv) -payback period -strategic position -strategic choices -information technology -project management -finance -human resource management auditing: -internal audit -external audit -substantive procedures -analytic procedures -designing and assessment of internal controls -developing the flow charts & data flow diagrams -audit reports -engagement letter -materiality economics: -micro -macro -game theory -econometric -mathematical application in economics -empirical macroeconomics -international trade -international political economy -monetary theory and policy -public economics ,business law, and all regarding commerce
4.00+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
The market price of its stock is something that a company has very little control over. Why is it an important part of analyzing a companys performance?
-
The market price of insecticide is initially $10 per unit. To address a negative externality in this market, the government decides to charge producers of insecticide for the privilege of polluting...
-
The market price of ZYX stock has been volatile and you expect that volatility to continue for a few weeks based on recent news. Due to this belief you decide to purchase calls and puts to manage...
-
An analog filter is defined by its transfer function: 100n H(s) = %3D s+ 100n What type of filter H(s) is? A. Low-pass B. High-pass C. Band-pass D. Band-stop
-
In Chapter 17, Exercise 46 we found a model for national Health Expenditures from an economic variable, Internet Users/100 people, and Primary Completion Rate. A look at leverage values and Cooks...
-
Distinguish between financial forecasts and financial projections. Which of these presentations of prospective financial information is appropriate for general use?
-
Figure P28.20 shows a wire segment bent into a halfcircle, with the center of curvature labeled \(P\). If the wire of which this segment is a part is extremely long and carries a current \(I\), what...
-
Where would you put Ford in terms of competitive position? Why? The old phrase, The bigger they are, the harder they fall, perfectly describes what has happened to the U.S. auto industry over the...
-
16. A signal containing multiple frequencies is shown in figure A. It is passed through 2 different filters and then outputs are shown in figure B & C. M (A) S (B) sha (C) (a) B corresponds to low...
-
The proposed rates were not in the range the CEO expected given the pricing analysis. The CEO has asked the pricing actuary to verify the total projected loss cost excluding potential large storm...
-
Lobsters are plentiful and easy to catch in August but scarce and difficult to catch in November. In addition, vacationers shift the demand for lobsters further to the right in August than in any...
-
As part of U.S. sugar policy (in 2013), the government offered to buy raw sugar from domestic sugarcane mills at an average price of 18.75 cents per pound. The government offer was made for as much...
-
In December 2008, Matsushi Electronics' management establishes the year 2009 predetermined overhead rate based on direct labor cost. The information used in setting this rate includes estimates that...
-
Discuss the potential for conflict of interest in bond rating agencies prior to 2014. How did the Securities and Exchange Commission address this issue? What is the risk to investors on bonds that...
-
What are the main risks when stock valuating Barrick Gold Corporation? How would these risks how affect your stock valuation? (how sensitive it is to these risks) Explain.
-
Make an argument for why negative interest rates on European sovereign bonds and high valuations for cryptocurrencies like Bitcoin may both be driven by the same underlying phenomenon.
-
Define and explain Cybersecurity? What are the firewalls? How can someone secure himself from cyber attackers.?
-
The financial information for the past two years (2021 and 2022) is provided. "Spartan Cases, Inc.'s" collection policy is 30 days for their receivables and the benchmark for the inventory is 30...
-
A company rents cars at $40 a day and 15 cents a mile. Its competitors cars are $50 a day and 10 cents a mile. (a) For each company, give a formula for the cost of renting a car for a day as a...
-
Anna, a high school counselor, devised a program that integrates classroom learning with vocational training to help adolescents at risk for school dropouts stay in school and transition to work...
-
1. A change in demand causes a ____ (movement along/shift of) the demand curve. A change in quantity demanded causes a ______ (movement along/ shift of ) the demand curve. 2. Circle the variables...
-
1. A change in demand causes a ____ (movement along/shift of) the demand curve. A change in quantity demanded causes a ______ (movement along/ shift of ) the demand curve. 2. Circle the variables...
-
1. A change in demand causes a ____ (movement along/shift of) the demand curve. A change in quantity demanded causes a ______ (movement along/ shift of ) the demand curve. 2. Circle the variables...
-
Consider a $1000 face value 3-year treasury with 2.5% annual coupon and a yield of 1.3%. Suppose that after one year and after receiving one coupon payment, you decide to sell your treasury note....
-
How in a perfect world would muni bonds pay interest? Explain the correlation between the greater premium and high tax states. Will you invest in Muni bonds based on the new findings? Please discuss.
-
CityLight Co. is struggling financially. Prior to debt renegotiations, the company's total assets were $11 million and total liabilities were $18 million. The company has negotiated with the debtors...
Study smarter with the SolutionInn App