11. [Q11 - Q14] In fiscal year 3020, Earth and Mars are members of the United Federation of Planets(UFP). While some sup

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11 Q11 Q14 In Fiscal Year 3020 Earth And Mars Are Members Of The United Federation Of Planets Ufp While Some Sup 1 (53.9 KiB) Viewed 43 times

11. [Q11 - Q14] In fiscal year 3020, Earth and Mars are members of the United Federation of Planets(UFP). While some suppliers in Earth produce spaceships, Earth is also importing lots of spaceships from Mars. The universe price of one spaceship is 1,000,000 Earth Won. [Table 5] Domestic supply and demand curve of spaceship in Earth Price Domestic demand (Earth Won) Domestic supply curve of Earth curve of Earth 1,000,000 250 700 Quantity Q11. According to Table 5), how many spaceships does Earth have to import from Mars?
12. Q12. To protect the domestic spaceship manufacturing industry, the Earth government decides to impose an import quota, which limits the maximum number of imported spaceships to 200. Assuming that the domestic suppliers of Earth cannot increase the spaceship production in the short term, how many spaceships will be supplied in the Earth market right after the quota? (0.5점) ※ 해당 문제는 복사 붙여넣기 기능을 사용할 수 없습니다. 13. Q13. Again, to protect the domestic spaceship manufacturing industry, the Earth government decides to impose an import quota, which limits the maximum number of imported spaceships to 200. Now the Ministry of Earth Industry mandates that the domestic demand of Earth must be fulfilled by domestic suppliers and alien suppliers from Mars. Assuming that domestic suppliers are in capable of increasing the production capacity, how many number of spaceships in total must be delivered by domestic suppliers in Earth after the quota? (0.5점) ※ 해당 문제는 복사/붙여넣기 기능을 사용할 수 없습니다. 14. Q14. According to your answer in Q13 where the import quota of 200 is imposed and the domestic demand of Earth must be fulfilled in the Earth market how would the quality of spaceships made by domestic suppliers change in the short term and in the long term, respectively? Based on your answer, briefly discuss the upsides and downsides of the import quota.