1. A profit-maximizing competitive firm will decide to enter a market when the existing firms in the market are earning positive economic profit. True False

Q: Treasury bill rate is 2%, and the expected return on the market portfolio is 8%. Using the capital…

A: According to question below information given that : treasury Bill = 2% Market Portfolio = 8%

Q: are the quantities sold by the respective firms and P is the selling price. Total cost functions for…

A: Economic equilibrium is a situation or state wherein financial powers are adjusted. Essentially,…

Q: Explain the theories of Karl marx in industrial relations shortly

A: The term "industrial relations" refers to the working connection between employers and employees.…

Q: According to the invisible hand concept, the best way for a society to encourage the creation of…

A: Adam Smith was an eighteenth-century Scottish economist who lived from 1723 to 1790. While Smith's…

Q: Company A will pay dividends according to the following Time Dividend amounts 1 $10 2 $7 3 $6 $2.75…

A: Answer; Value of share is equal to $36.10

Q: Why has the government chosen to provide moneary incentives to bring about the move to health…

A: HEALTH INFORMATION EXCHANGES   They were putting a patient's medical records or data on the internet…

Q: Milo is the young, likable, optimistic, and generous son of a prominent public official. He has a…

A: * ANSWER :-    From the given information the answer is provided below as

Q: Investment is a larger portion of GDP than consumption, but is substantially less volatile…

A: Boom It is a phase where there is a rise in economic activities in an economy. This implies there…

Q: If the Ricardian equivalence holds true, then... Select the correct answer below: increasing the…

A: Expansionary fiscal policies are such policies that are implemented by the government in order to…

Q: escribe the term macro economic

A: The answer is given below

Q: total amount of consumer surplus lost due to the tax 1. A+B+F amount of consumer surplus lost due to…

A:

Q: In the following table, indicate whether the researcher in the scenario is collecting experimental…

A: Experimental economics is the study of economic issues using experimental methods. Experiment data…

Q: A monopolist sets the price at $10.At this price the absolute value of the elasticity of the demand…

A: The private gain from selling an additional output unit is a monopolist's marginal revenue. The…

Q: a. Construct the cost-of-living index number for 202 2 the basis of 2019 from the given data.…

A: Cost of Life Index Numbers: Cost of Living Index Numbers are unique index numbers that are used to…

Q: Roxanne is considering chipping in to pay for some tree trimming in her neighborhood. If the trees…

A: The value or pleasure a client may get from a service or commodity is referred to as utility in…

Q: Part C. Denair Fine Wines, Inc., is planning to bring out a higher-quality wine product than any…

A: The break-even point is that point where complete expense and all-out income/total are equivalent,…

Q: In a situation of Monopolistic Competition, all of the following are true except: Barriers to entry…

A: There are different market structures with different characteristics like number of firms, type of…

Q: 2. The opportunity cost of holding assets as money Suppose you've just Inherited $10,000 from a…

A: Answer; Ans 1) Interest rate =8, opportunity cost= 800 Interest rate= 10, opportunity cost=…

Q: Explain the theories of Max weber in industrial relations shortly.

A: Max Weber was a German sociologist who felt that bureaucracy was the most efficient and rational…

Q: Crowding out occurs when expansionary fiscal policy causes unemployment to rise inflation to rise…

A: Fiscal policy refers to changes in government spending and taxes.

Q: What is the tragedy of the commons?

A:

Q: The major benefit of socialism is that it creates strong incentives to work hard and take the risks…

A: It is a popular economic and political structure based on public ownership of the means of…

Q: Who bears the motherhood wage penalty

A: Lower hourly pay is linked to motherhood.

Q: In 2021, the exchange rate between the Swedish Kronor (SK) and the $ dollar was Es/SK = 0.07 $,…

A: The rate at which one currency is exchanged for another is known as an exchange rate. National…

Q: uppose output and income is equal to 16100, the marginal propensity to consume is 0.65, and…

A: Consumption is the sum of Autonomous consumption and induced consumption. Autonomous consumption is…

Q: The balance of payment current account visible balance section carried imports of goods of…

A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…

Q: 1. Let preferences of both individuals be given by log(c) + log(c₂). Suppose that the endowment…

A: Consumer preferences basically refers to as subjective (individual) tastes for distinct bundles of…

Q: Suppose the equilibrium real interest rate is 5% and inflation rate is 3%. Determine the equilibrium…

A: Real Interest rate = 5% Inflation rate = 3%

Q: 1. Draw five aggregate supply and demand graphs at long run equilibrium. Illustrate what would…

A: The aggregate demand–aggregate supply model, often known as the AD–AS model, is a macroeconomic…

Q: If nominal GDP is $1,000 and the money supply is $250 then money velocity is

A: Given money supply = 250 $ Nominal GDP = 1000 $ Velocity of money = Nominal GDp / Money supply =…

Q: Differentiate between private goods, public goods, common resources, and externaliti

A: Private Goods: Private goods are those goods that are privately owned and manufactured. In the…

Q: France has a linear time track Select one: O True O False

A: In general, linear time tracking entails valuing time in terms of money. It can be observed in…

Q: 4. Working with Numbers and Graphs Q4 The face value of a bond is $6,000, and the annual coupon…

A: The coupon rate is the yearly yield on a bond that an investor may anticipate to earn while keeping…

Q: Soft selling occurs when a buyer is skeptical of the usefulness of a product and the seller offers…

A: A sales representative is trying to sell a company a new accounting system that will reduce the…

Q: If the reserve ratio is 0.5 and no individuals hold currency then the money multip could be as high…

A: Required reserve ratio is the minimum requirement that a bank needs to hold as reserves.

Q: What amount of money invested today at 15% interest can provide the following scholarships: ₱30,000…

A: Given:- Interest=15% Scholarship value=P30,000 for 6 year at each year end…

Q: _____ means selling the products at a price less than the ongoing price in the market. a. Quota b.…

A: International trade is defined as the exchange of goods, capital, and services between different…

Q: The residential division of Prism's high-speed Internet service uses one advertising agency, while…

A: Click-Through Rate Click-Through rate measures the ratio between the number of clicks on an…

Q: Which of the following would lead to an increase (rightward shift) in the demand for money? an…

A: The answer is -decrease in the interest rate.

Q: A firm has a short-run total cost function given as STC =q³5q² + 25q. a. If P = 100, identify the…

A: Answer; a)   Profit maximising quantity , q = 15   Profit = 1125   b)   Profit…

Q: Which of the following does not describe a proprietorship? Owned by one person Has unlimited…

A: In a sole proprietary, a person owns the business. Business structures of this kind are the best.…

Q: How do you determine a budget for personal consumption?

A: A monthly budget is a structured financial planning tool that assists you in determining how much…

Q: The Federal Reserve sells $28.00 million in Treasury securities. If the required reserve ratio is…

A: Money multiplier = [1 - Currency deposit ratio] / [Currency deposit ratio + Reserve deposit ratio]…

Q: s the line 2 = 1-2t, y = 2+5t, z = -3t parallel to the plane 2x + y -z = 8? Give reasons for your…

A: As it is given to us x=1-2t y=2+5t z=-3t

Q: In recent years, almost all new job creation in the United States has occurred in the sector.…

A: The process of creating new jobs, particularly for those who were previously unemployed or inactive,…

Q: Given the demand and supply functions for a particular commodity: QD 294.7-4.963P Qs 139.6 +21.34P…

A: Qd = 294.7 - 4.963P Qs = 139.6 + 21.34P

Q: MC=500Q2√Q3+5 (b) Find the total cost function

A: Marginal cost is defined as the cost which is incurred by the producer in order to produce one more…

Q: Since 1986, The Economist has developed the 'Big Mac Index', as an example of the law of one price.…

A: BIG MAC INDEX  The big mac price index is used to compare the Purchasing power between currencies of…

Q: Describe monopoly development and monopoly price-setting strategies Describe how a single-price…

A: 1) Monopoly is when there is only single seller in the market with full control over the market.…

Q: Create a scenario in which a monopoly might form and analyze that monopoly situation.  To do that,…

A: When a single corporation controls an industry or a service, it is called a monopoly.

Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.