4. What would be the price per unit if the firm in the figure below is producing the num of outputs that will maximize its profit? MC Price and cost per unit 625 ATC €20 £15

Q: Successful business managers have a good understanding of the environment in which the business…

A: Internal factors  that can affect any business can include: 1- Communication and interaction among…

Q: MODIFIED TRUE OR FALSE Human Development Index is a mix of three statistics- wealth, education and…

A: UNDP has provided various aspects of the development of HDI. HDI ranking is part of the development…

Q: Version 1 Explain the appropriate actions that the central bank should take if the economy were to…

A: Over the years, monetary policy has worn many hats. However, it ultimately boils down to altering…

Q: Using political economy, describe a contemporary common private sector job (say, anurse at a private…

A: Surplus value: - Surplus value is the amount that a capitalist keeps out of the total amount…

Q: If government spending increases by 60 and marginal propensity to consume is 0.8, how big will the…

A: Ans. 15.  The government multiplier is the ratio of change in income and change in government…

Q: Alpha Associates has the following details: Fixed cost = $20,00,000 Variable cost per unit = $ 100…

A: Following are the given values: FC = $2000000VC = $100Price = $200Quantity = 60000

Q: Please mark true or false for the following statements.   1. When there are adaptive expectations,…

A: Inflation inertia emerges as a result of previous inflation influencing future inflationary…

Q: What is Barter Trade System? What is Mercantilism?

A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…

Q: Find the Future value of an installment paying P5T now, P3T at the end of  year 1, P2T at the end of…

A: Instalment amount at present = P5T Instalment amount at end of 1st year = P3T Instalment amount at…

Q: Economics 1) How many buyers are there in a perfectly competitive market? A) Few B) Two C) Many D)…

A: Merely in simple words we can say that the Perfectly competitive market are usually known to be as…

Q: 3. Brett and Andy applied for the same credit card from the same bank. FICO scores. Brett had an…

A: A credit rating is a numerical evaluation of a borrower's creditworthiness in general or with regard…

Q: Which statement is true? a. Outsourcing is often helpful when a single firm does not achieve…

A: When talking about outsourcing, it can be said that it is the interaction between two business firms…

Q: as an argument when consumer price index (CPI) is higher than GDP deflator? Prices of exported goods…

A: The Consumer Price Index estimates the general change in consumer prices over the long haul in light…

Q: Illustrate and explain interdependence revolution.

A: Economic interdependence refers to the mutual reliance of participants in an economic system who…

Q: A monopolist faces two competitive buyers with their individual demands as q1(p)=1200-2p and…

A: In 2 part tariff, one tariff is lump sum price i.e. a lump sum fee and another tariff is per unit…

Q: Problem 3 A debt of $10,000 must be paid in a series of equal monthly payments for 5 years. The…

A: The information given is as follows:- Debt value given = $10,000 Time period for equal

Q: 2. Choose a transition economy: What is its recent economic progress. Do you believe its economy…

A: Transition economy: It refers to the economy under which the economy is changing its structure. The…

Q: What is the objectives of NEDLAC

A: NEDLAC is the abbreviation for the National Economic Development and Labor Council.

Q: (Don't copy the answer)How was the economy in Ukraine in 1960-1980?

A: Agricultural productivity in 1945 was just 40% of what it had been in 1940, despite the republic's…

Q: discuss the key concepts of the Heckscher-Ohlin Model in factor abundence

A: International Trade refers to the movement of goods and services across international borders to…

Q: Assuming that your firms total cost function is, TC (Q) = $21,128+4Q profits when the prices are $7,…

A: In the question, the total cost is TC = 21128 + 4Q and prices are $7, $9, and $11. Now we are…

Q: Assume the following model of the economy: Y = C + I + G C = 120 + 0.5(Y - T) I = 100 - 10r G =…

A: Given information,  Y = C + I + G C = 120 + 0.5(Y - T) I = 100 - 10r G = 50 T = 40 Md = Y - 20 r Ms…

Q: MODIFIED TRUE OR FALSE The ultimate purpose of development economics is to help us understand…

A: Development Economics:- Development economics can be explained as a discipline of economics that…

Q: As discussed in class, use your own words to compare the project fast-tracking and the project…

A:

Q: The most important determinant of consumption and saving is the A. price level. B. level of income.…

A: "Consumers or buyers in economics demand commodities and services and they meet their consumption…

Q: A government increases the corporate tax rate from 15 to 17% in an economic recession. Fiscal policy…

A: Fiscal policy can be of two types, procyclical and anticyclical.

Q: nour own Y) given your Y in (a). er crude oil prices translate to higher costs for gasoline, plastic…

A: *Answer:

Q: 8. What sum will be paid at the end of every month for 5 years and 6 months if the present value of…

A: 8. Given information, Present value (P): P 45,000 Interest rate (i): 15% Time period (N): 66 months…

Q: How does the growing “McDonaldization” of developing countries spell more badnews for their small…

A: Introduction McDonaldization is explained as "the phenomenon by which fast-food chain concepts have…

Q: Wages, Rent, Interest and Profit Goods and Services Sold Goods and Services Purchased Consumption…

A: *Answer:

Q: Refer to the figure below. Taking the external costs of using refrigerators into account: 950…

A: When talking about external cost, it is the cost incurred outside the production process, faced by…

Q: Assume the following model of the economy: Y = C + I + G C = 120 + 0.5(Y - T) I = 100 - 10r G =…

A: Given; C = 120 + 0.5(Y - T) I = 100 - 10r G = 50 T = 40 Md = Y - 20 r Ms = 600 P = 2

Q: Review the “Prisoner’s Dilemma.” What assumptions does the scenario make? Whatconditions must…

A: Introduction A prisoner's dilemma is a circumstance in which two selfish actors make a bad decision…

Q: 4. Effects of a tariff on international trade The following graph shows the domestic supply of and…

A: Import tariff refers to the government imposed taxes on imported goods and services when a firm or…

Q: Definitions and Explanations: Define, Compare and Contrast -Soft Money v. Hard Money

A: Soft money and hard money are used to define different kinds of currency in Economics. Soft currency…

Q: A jewelry craftsman needs 100 grams of gold alloy, of 75% pure gold for his products. Only two…

A: Let x = grams of 80% pure gold and y = grams of 60% pure gold So, x + y = 100 ...(1) And similarly,…

Q: 3. Suppose Product X is a normal good and its price (Px) decreases. Graphically illustrate its…

A: Normal goods are those goods whose demand and income moves in same direction. If income rise then…

Q: How do public pension plans differ in other countries? Has privatization worked overseas?

A: Gross domestic product refers to the market value of final goods and services that are produced…

Q: If you borrowed $12,000 payable in 6 equal annual installments, what would be the principal payment…

A: Yearly Installments implies a progression of sums to be paid yearly over a foreordained time of…

Q: What challenges do economies face in light of optimal allocation and public goods

A: For the most part, the public money idea manages the ideal distribution of assets involving it for…

Q: Total costs for a monopolist are defined as: C(q) = q3 + 1 Hence, marginal costs are: MC(q) = 3q2…

A: Answer -    the prefect price discrimination, the firm generates max. profit under this consumer…

Q: Discuss international trade agreements and international economic organizations working to foster…

A:

Q: Fiscal and Monetary Policy Assignment When the economy gets into serious problems, the government…

A: Recession refers to the situation where economic activities slow down and output growth is less than…

Q: Calculate the real GDP growth rate for 2019, if real GDP in 2018 is 500 Euros and real GDP in 2019…

A: GDP is the value of final goods and services produced in the country.

Q: Figure Suppose that the government imposes a tax of P3 - P1. Answer questions 7 to 11 based on this…

A: Charges or taxes are required by legislatures on their residents to create pay for undertaking…

Q: Exercise Two firms compete for market shares producing similar goods under imperfect competition.…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: In most lending organisations , credit losses occur due to lack of credit risk monitoring . You're…

A: Banks or financial institutions before granting a loan to the public check for the credit score of…

Q: 4. Consider the above two-periods endowment economy. Suppose there are identical agents but with…

A: Endowment economy is the economy where income is given exogenously and there is no endogenous…

Q: Draw an optimal consumption bundle which represents that consumers are willing to pay a greater…

A: The optimal consumption bundle is a collection of items that fit within a budget and provides the…