In 2009, the u. s. government imposed a 35% tariff on tires imported from china. (the numbers and equations used here are simplified based on the results of a much more complicated model.) demand is given by qd = 105 − 1.5p where qd is in millions of tires per year. supply is qs = 1.5873p − 15.873. assuming the effective tariff is $20 per tire, consumer surplus after the tariff is imposed will be $ (round your answer to the nearest integer.)

In 2009, the U.S. government imposed a 35% tariff on tires imported from China. (The numbers and equations used here are simplified based on the results of a much more complicated model.) Demand is given by QD = 105 − 1.5P where QD is in millions of tires per year. Supply is QS = 1.5873P − 15.87.

Explanation:

a manufacturer of printed circuit boards uses exponential smoothing with trend to forecast monthly demand of its product. at the end of december, the company wishes to forecast sales for january. the estimate of trend through november has been 200 additional boards sold per month. average sales have been around 1000 units per month. the demand for december was 1100 units. the company uses α = 0.20 and β = 0.10. make a forecast including trend for the month of january.

answernaturalistic observation;