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The Country of Origin effect is a psychological factor that impacts consumers when they see where a product is made. Studies have shown consumers will take all of the factors they know about a place, such as their political leanings, to reach a decision about a product which has absolutely nothing to do with the politics of that country.

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What is it mean a tax on products being brought into the country called?

A tax on products being brought into a country is called an "import duty" or "tariff." This tax is imposed by the government to regulate foreign goods entering the market, protect domestic industries, and generate revenue. The rates can vary depending on the type of product and the country of origin. Import duties can influence trade practices and consumer prices.


Why does total utility increase as the consumer moves to indifference curved further from the origin?

Total utility increases as a consumer moves to indifference curves further from the origin because these curves represent higher levels of consumption of goods. Each curve reflects a combination of goods that provides the consumer with a greater level of satisfaction or happiness. As one moves to higher indifference curves, the quantity of at least one good increases, allowing for a more optimal allocation of resources that maximizes overall utility. Thus, the further away from the origin, the higher the total utility.


Assume that a change in government policy results in greater production of both consumer goods and investment goods?

this economy's ppc is convex to the origin


What does a consumer's indifference curve do?

A consumer's indifference curve represents a graphical illustration of different combinations of two goods that provide the same level of utility or satisfaction to the consumer. Points along the curve indicate that the consumer is indifferent between those combinations, meaning they would derive equal satisfaction from any of them. The shape of the curve typically reflects the consumer's preferences and the rate at which they are willing to substitute one good for another. Indifference curves never intersect and are typically convex to the origin, illustrating diminishing marginal rates of substitution.


How much does auto engineer get paid?

Depends on country of origin and then the economy of that country and quality of life and pay rates. If the question was less general a more accurate could be given,