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NEW QUESTION: 1
The domestic demand Q for a good X at a price P is given by Q = 400 -2P while the supply function is given by 100 + 4P. The world price for good X is 45 in international markets. All quantities are in thousands of units. If the government imposes a tariff of 5% on imports, the imports will be:
A. 13.25
B. 0
C. 16.5
Answer: C
Explanation:
First note that without imports, the price prevailing in the domestic market will satisfy 400 -
2 P = 100 + 4P, giving P = 50. The world price is 45 and with a 5% import tariff, it becomes 45 * 1.05 =
47.25. Since this price is lower than 50, there will continue to be imports and the price prevailing in the domestic market after the tariffs will equal 47.25.
Before the tariffs, the producers supply a quantity equal to 100 + 4 * 45 = 280 and domestic consumers demand 400 - 2 * 45 = 310 units. Thus, imports without the tariffs equal 310 - 280 = 30 units. With the tariff in place, the producers produce 100 + 4 * 47.25 = 289 units. The consumers demand 400 - 2 * 47.25 =
305.5 units. Thus, the imports now equal 305.5 - 289 = 16.5 units.
NEW QUESTION: 2
A customer plans to migrate from a third-party legacy storage solution to an HP 3PAR StoreServ 7000. The customer needs to configure the storage system and the Service Processor.
What is the minimum operating system version the customer needs to run the setup wizard?
A. Windows Server 2003
B. Windows Server 2008 R2
C. Windows Server 2012
D. Red Hat Enterprise 6
Answer: B
Explanation:
SmartStart Prerequisites
Microsoft Windows 2008 R2 Server x64 Edition or 2012 is currently running in the system
1.0 gigahertz or higher processor
1 GB of installed RAM (2 GB recommended)
CD-ROM or DVD-ROM drive
1280 x 1024 or better screen resolution
SmartStart Online Help is supported in the following browser versions:
Microsoft Internet Explorer 8, 9 and 10
Mozilla Firefox 14 through 21
To launch HP 3PAR SmartStart:
1.Insert the HP 3PAR SmartStart CD.
2.Follow the onscreen instructions to complete the installation and launch the application.
Continue on to "Launching the HP 3PAR Service Processor Setup Wizard" (page 53) and launch
the setup wizard.
Reference; HP 3PAR StoreServ 7000 Storage, Installation Guide
NEW QUESTION: 3
The primary tool of pre-employment screening is the:
A. Investigator performing the interview
B. Interview
C. Application form
D. Polygraph
Answer: C
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