The united states currently imports all of its coffee. suppose the annual demand for coffee by u. s. consumers is given by the demand curve qequals=240240minus−55p, where q is quantity (in millions of pounds) and p is the market price per pound of coffee. world producers can harvest and ship coffee to u. s. distributors at a constant marginal (equals=average) cost of $66 per pound. u. s. distributors can in turn distribute coffee for a constant $11 per pound. the u. s. coffee market is competitive. congress is considering a tariff on coffee imports of $22 per pound. a) if there is no tariff, how much do consumers pay for a pound of coffee? what is the quantity demanded? b) if the tariff is imposed, how much will consumers pay for a pound of coffee? what is the quantity demanded? c) calculate lost consumer surplus. d) calculate the tax revenue collected by the government. e) does the tariff result in a net gain or a net loss to society as a whole?

In return for their with optimizing his painting project, the castle servant informed poly and digit that he saw someone dressed as the king leaving behind a trail of crumbs as he walked into the jester's room late last night. poly and digit have finally found the crisp-collecting culprit — it turns out the jester's shoe size and hair color match the clues that were found! in gratitude, poly and digit agree to the servant with his current task of replacing all of the tables and chairs in the castle. his goal is to determine which furniture company should produce the new furniture. he receives information from a company that customizes elegant furniture, and he wants to analyze the company's production process in order to calculate some problems about cost and availability. read the following scenario, and assist poly and digit as they the servant with his calculations. the fit for a king furniture company requires 2020 hours of labor to produce a standard table, and a chair requires 1212 hours of labor. the labor available is 565565 hours per week. the company can produce at most 3535 chairs per week.

Josie just bought her first fish tank a 36 -gallon glass aquarium, which she’s been saving up for almost a year to buy. for josie, the fish tank is most likely what type of purchase

Employees at a library check out books to patrons. books have an isbn and a name. the library sometimes has multiple copies of the same book. books have one or more authors. a patron is an individual who has an active (non-expired) library card. for each library card, we store the person's first and last names and their address. for each employee, we store their employee id, current salary, first and last name and their address. we also store the employee id of their current manager. each time we check out a book to a patron we need to store the date of the transaction, the employee who checked out the book to the patron, and the library card of the patron. some employees have library cards. if an employee patron turns in a book late, the fine that they pay is a percentage of their salary. some employees are authors who have library cards—they are allowed to check out as many books as they like.