b: Malawi can produce Electric Vehicles (EVS) for K12,000.00 each: Zimbabwe can produce them at K16,000.00 and Zambia ca

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

b: Malawi can produce Electric Vehicles (EVS) for K12,000.00 each: Zimbabwe can produce them at K16,000.00 and Zambia ca

Post by answerhappygod »

B Malawi Can Produce Electric Vehicles Evs For K12 000 00 Each Zimbabwe Can Produce Them At K16 000 00 And Zambia Ca 1
B Malawi Can Produce Electric Vehicles Evs For K12 000 00 Each Zimbabwe Can Produce Them At K16 000 00 And Zambia Ca 1 (97.98 KiB) Viewed 108 times
explain
b: Malawi can produce Electric Vehicles (EVS) for K12,000.00 each: Zimbabwe can produce them at K16,000.00 and Zambia can produce them for a cost of K20,000.00. Assume that Zimbabwean consumers will buy 1 million EVs per year if the price is K20,000.00 and that every K1,000.00 drop in the price generates an additional purchase of 100,000 EVs. i. Zambia signs the FTA with Zimbabwe but retains the tariff of K10,000.00 on Malawian EVs. What will the price of EVs be in Zambia now? (1 mark)
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Top
Post Reply

Return to “Archived Questions & Answers”