Q: 1. Mr. Jack is in the process of expanding his manufacturing business. He decided to open a…
A: Total Cost refers to the sum of fixed and variable cost incurred on the production of a good or…
Q: If Aggregate Demand is at AD2, production will be high as possible. Can production stay at this…
A: A given economy's aggregate demand is the total amount of products and services bought over a…
Q: According to, "Exchange Rates-Economics U$A," gold was exported from the USA in the early 1930s…
A: Exchange rate is defined as the price of a country's money in relation to a different country's…
Q: Suppose the variable x₂ has been omitted from the following regression equation, y = B₁ + B₁x1 +…
A: Introduction A regression equation is used in stats to find out what relationship, if any, exists…
Q: 4. Unless the price of a 350GB portable hard drive is more than Php2,000, none is available in the…
A:
Q: Multisector partnerships that address specific social issues in the global economy are called global…
A: In order to address a number of critical global issues, partnerships across multiple sectors are…
Q: Which of the following changes would NOT shift the short-run aggregate supply curve? A an occurance…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If you…
Q: Are nations with large underground economies likely to be happier or unhappier than one would…
A: Underground Economies are defined as economies that are parallel or shadow economies which include…
Q: C. Patrick forecasts that interest rates will rise over a 5-year period according to a force of…
A: The value of a future sum of money today at a given rate of return is called the "present value."
Q: In the class, we know the reason why the MC curve intersects the ATC curve at the minimum level of…
A: Marginal Cost is the change in total cost when an additional unit is produced. IT includes only…
Q: Distinguish amongst the main categories of elasticity. Include in your answer the provision of…
A: Studying changes in quantity sought or provided as a result of determinant changes uses the idea of…
Q: Our firm produces two products: generators and solar panels. Name five economies of scale you would…
A: Economies of scale allude to the cost advantages an organization gains with the increase in…
Q: Suppose that there is a firm that produces chairs and the firm receives an order for 80 chairs. The…
A: “Since you have posted a question with multiple subparts, we will solve the first three sub-parts…
Q: A project capitalized for P 2,850,000 invested in depreciable asset will earn a uniform annual…
A: Rate or return or RoR refers to the net profit or loss from any investment for a particular period…
Q: Which of the following reasons explains in part why debt and deficit situation in the United States…
A: The deficit spending occurs when the government's expenditures are higher than its revenues during a…
Q: The four alternatives described below are being evaluated. a. If the proposals are independent,…
A: Investment is the practise of putting money into a product or asset that is purchased to produce…
Q: 6. Special-interest group effect The following graph shows the market for paint. Use the graph input…
A: The price at which an asset can be sold on the open market is known as the market price. The price…
Q: plain what happens to (ii) MS and (iii) interest tes hen the real economy expands (Y rises), the…
A: Since you have asked multiple question, we will answer first question for you. If you want any…
Q: micron Technologies made a before-tax profit of $50 million this year. The firm has no debt and 10…
A: A firm has surplus cash flows. It can pay special dividend or repurchase. We have to find various…
Q: 2. The consumer has Leontief preferences for two goods and y: u(x, y) = min{2x, 5y}. Pz > 0, Py> 0…
A: Given Utility function: u(x,y)=min2x,5y .....(1) This function is Leontief preferences which…
Q: 2. If the supply function is given by the equation 2x - 6y + 900 = 0, determine the lowest price at…
A: Supply refers to the quantity that a seller wishes to sell at a given price in a given period of…
Q: Question 12 The quantity of real GDP supplied at full employment is called (A) short-run equilibrium…
A: Employment is a type of economic activity in which one individual is appointed by another to do a…
Q: 3) Suppose the duopolists producing homogeneous products face the following market demand curve…
A: We have two firms with different marginal cost. Firms are competing by choosing the output…
Q: In the year 2020, aggregate demand and aggregate supply in the fictional country of Marjan are…
A: According to the Phillips curve, unemployment and inflation have a steady inverse connection. The…
Q: A firm's marginal revenue function is MR = −9Q + 126. Use indefinite integrals to solve for the…
A: Firms Marginal Revenue Function is given as MR = -9Q + 126
Q: During 1970-1997, the U.S. federal government was in surplus every year. balanced every year. in…
A: A budget refers to a spending plan based on receipts and expenses. Budget refers to an estimate of…
Q: Consider the investment function of the IS model. Suppose that in the long-run 20% of GDP is spent…
A: Gross Domestic Product is defined as the final value of all goods and services produced in a economy…
Q: d) A firm's total cost C is given by the function: C=4X². Where x is the level of output and C is…
A: A unit of output is the total amount of products or services produced in a certain time frame (for…
Q: or this year, XYZ anticipates the following: revene = 20000 expenses: operation and maintenance…
A: Businesses do not report their revenue as taxable income they subtract their operations and…
Q: In the graph you've just explored, what is the inflation rate if the unemployment rate is 8 percent?…
A: The definition of inflation is the rise in prices for virtually all products and services in the…
Q: The first is a (human) worker, who must be paid $18 for each hour they spend producing chairs. The…
A: The cost of getting an equally desired alternative, assuming no unexpected delays, often establishes…
Q: Please explain and give example how the futures market can reduce the chance that a trader can…
A: Future market is a type of market in which participants who are willing to buy and sell commodities…
Q: Suppose the information in the table is for a simple economy that produces and consumes only four…
A: 2011 2012 2013 Product Qty Price Qty Price Qty Price Textbooks 90 50 100 60 100 65…
Q: Demonstrate that a firm maximises profit at the point where marginal revenue is equal to marginal…
A: The process whereby businesses choose the price at which they will sell their products and the…
Q: How does the money wage rate change along the Phillips curves? Along the short-run Phillips…
A: The graph has the rate of inflation values at the y-axis, and the rates of unemployment on the…
Q: An economy is at full employment and real GDP is $1,000 billion. The inflation rate is 3.0 percent a…
A: The entire amount of currency in use within an economy at any particular time is referred to as the…
Q: What occurs when the natural unemployment rate increases? A. The short-run Phillips curve…
A: The Phillips curve shows the relationship between unemployment rate and inflation rate. There is…
Q: Which of the following statements is FALSE? A. We can use sensitivity analysis to identify…
A: The decision and acquiring of the long-term and short-term assets in which funds will be invested by…
Q: QUESTION 3 You have been asked by Fair Work Australia to investigate a claim by workers in the…
A: Inflation rate between 2019 and 2020 = (CPI in 2020 - CPI in 2019) / CPI in 2019 Inflation rate…
Q: The market equilibrium point for a commodity occurs when 3,200 units are produced and sold at Php124…
A: Law of demand states "everything else constant, there exists an inverse relationship between price…
Q: Q = P = Revenue Maximization: Solve for monthly Q, P, TR, TC and profit Click to answer Click to…
A: A firm can maximize its profit by producing that level of output where marginal cost (MC) equals…
Q: A telephone company purchased a microwave radio equipment for PhP 6 Million, freight and…
A: Given Purchased price of microwave radio equipment: Php 6 million. Freight and installation charge…
Q: Calculate the cross elasticity of demand as the price of X changes from Ksh. 15 to Ksh 21 and…
A: To determine how much demand for one commodity will change in response to a change in the price of…
Q: In a perfectly competitive market, the price of good A is $2. If a firm decides to raise its price…
A: Since you have asked multiple questions, we will answer the first question for you. For the other…
Q: Mr Phiri has K10,000 in his account. He is considering investing in a project which has 70 %…
A: Given that; Income = K10,000 Probability of earning a profit= 70% Probability of incurring a loss=…
Q: In which of the following situations would the supplier have the greatest power to hurt a business…
A: The supplier's initiative to show his sensitivity to the needs of the client marks the beginning of…
Q: Examine two sources of cost-push inflation
A: As the cost of products and services rises across the economy, this is referred to as inflation. A…
Q: What is the tradeoff that the Fed faces in the short run? In the short run, the Fed faces a…
A: The United States of America's central bank is referred to as FED or the Federal Reserve System. The…
Q: of the welfare program in Perkopia is . Again, suppose the government introduces a welfare…
A:
Q: Scenario: Developers of a new housing scheme spend money putting in roads, lighting and clearing…
A: Infrastructure development in new housing scheme creates social overhead capital for the housing as…
Step by step
Solved in 3 steps
- If a government gains from unexpected inflation when it borrows, why would it choose to offer indexed bands?1. The simplest type of business organization, wherein the business is owned entirely by one person. Allprofits obtained from the business are his alone, but he must also bear all losses should they beincurred. Ans.;2. A business type composed of an association of two or more persons for the purpose of engaging in abusiness for profit. Ans.;3. A business type of distinct legal entity, separate from the individuals who owned it, and which canengage in practically any business transaction which a real person could do, considered the mostimportant type of business. Ans.;4. A certificate of indebtedness of a corporation usually for a period not less than 10 years, andguaranteed by a mortgage on certain s of the association. Ans.;5. A bond whose owner’s name is recorded in the books of the corporation. Ans.;6. These are bonds whose security is a mortgage on certain specified assets of the corporation. If thecorporation fails to pay the bond value at the date of maturity, title to the…As an international manager of a US business that has just developed, I would export the computer from the US because I will have full control of how the computer will be manufactured and distributed to Europe. Another pro that I would consider to export from the US is that the patent would be able to protect the design of the computer, which will reduce the result of the property being an infringement. A con from exporting from the United States that it would cost more money from the taxes, duties, and the trade barriers that are from Western Europe. Another con would be that it would take much longer to exist something from over seas. First, I will start with the cons of the process where you might not have full control over the manufacturing process, which can really impact the product of the computer. This can significantly be a bad idea. A pro of having to license a European firm to manufacture and market the computer in Europe would be how they know all of the distribution…
- 12.A fim has marginal cost of 2q and no fixed cost. Market demand is D(p) = 24-2p. Assuming the fim has market power, what is the maximal amount of profits the firm can achiavs?a. 41.25b. 48c.16 d. 24Each time a song is played on the radio, the record company and the songwriter are paid a royalty of $0.30.Of the total, 75% goes to the company and the rest to the writer. If on a network of 50 radio stations, a certainsong is played 4 times a day during the first week and then 20 times a day for the next three weeks, how muchdoes the network owe in royalties for the four weeks? How much do the record company and the songwriterreceive eachAssume that a firm can obtain a monopoly the market shown in Figure 1 by lobbying for favorable government regulation. How much would a firm be willing to spend to obtain such a monopoly? Question options: a) $16.50 b) $4.50 c) $12 d) $7.50
- profit maximization price combinationA state owned company is providing electricity at the priceof $0.105and faces the demand for electricity P=1.255 - 0.001Q The company has acost function C(Q)=100.625 + 0.105Q The state sells the firm, now the firm’sonly goal is profit maximizationa What is the number of kilowatt hours of electricityproduced and what is the price that the company will charge?b Compute the price elasticity at the profit maximizingprice combinationc How much more profit will this firm make as a result ofprivatization(13) A monopolist is a price- Select one: a. taker. b. maker. c. blocker. (14) A trademark is an example of a legal monopoly. It means ________. Select one: a. protection for the life of the author plus 70 years b. an identifying symbol or name c. an exclusive legal right to make, use, or sell the invention for a limited timeWhat are Indigos competitive advantages in comparison to other players inIndian aviation industry? How is Indigo consolidating its effort in order tocapitalize upon its competitive advantages for better demand management?
- 16-3 House Closing You’ve entered into a contract to purchase a new house, and the closing is scheduled for the next week. It’s typical for some last-minute bargaining to occur at the closing table, where sellers often try to tack on extra fees. You have three options for the closing: (1) attend yourself, (2) send an attorney authorized to close only per the previously negotiated terms, or (3) presign all the closing documents per the current terms and not attend the closing. Which of b. c. In Egypt, you calculate that the annual value created by one distributor is $60 million per year, but would be $80 million if two distributors carried your product line. How much of the value can you expect to capture? Argentina also has two distributors with values similar to those in Egypt, but both are run by the government. How does this affect the amount you could capture? In Argentina, if you do not reach an agreement with the government distributors, you can set up a less efficient…C2) Company A is the only supplier of glass in Big Apple City used for tall buildings’ exteriors. Its marginal cost of production is cA=1, and it has no other production costs. The demand for such glass in Big Apple city is QD=2-P. Company B in Jersey City produces the same glass and is considering whether to expand to Big Apple city. If it enters, it needs to get a permit to allow it to be a supplier in the Big-Apple city at a cost of L=0.5, which does not vary with quantity of output, and its marginal cost of production is cB=0.5. If it expands to the Big-Apple city, companies A and B both supply to the market, and the market price P satisfies QA+QB=2-P, where QA is company A’s production level and QB is company B’s. a) If company B expands to the Big-Apple city, what is the resulting price in a Nash equilibrium? b) Company B hires a consulting company to advise whether it should expand to the Big-Apple city. If you’re running the consulting company, what is your advice? Explain…C2) Company A is the only supplier of glass in Big Apple City used for tall buildings’ exteriors. Its marginal cost of production is cA=1, and it has no other production costs. The demand for such glass in Big Apple city is QD=2-P. Company B in Jersey City produces the same glass and is considering whether to expand to Big Apple city. If it enters, it needs to get a permit to allow it to be a supplier in the Big-Apple city at a cost of L=0.5, which does not vary with quantity of output, and its marginal cost of production is cB=0.5. If it expands to the Big-Apple city, companies A and B both supply to the market, and the market price P satisfies QA+QB=2-P, where QA is company A’s production level and QB is company B’s. a) If company B expands to the Big-Apple city, what is the resulting price in a Nash equilibrium? b) Company B hires a consulting company to advise whether it should expand to the Big-Apple city. If you’re running the consulting company, what is your advice? Explain…
