A cost-minimizing firm that has only 1 type of input will have its marginal factor cost equal to its wage. O True O False

Q: Another part of the initial fiscal response to the Covid-19 recession were checks sent to every ad…

A: Another part of the initial fiscal response to the Covid-19 recession were checks sent to every…

Q: resent TWO (2) arguments in support of Regional Economic Integration

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A: Monopoly means the control of a single authority over something. And monopoly market where there is…

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A: Note: We will answer the first question since the exact one was not specified. Please submit a new…

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A: When the effects of collecting over time are taken into account, an effective interest rate is the…

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A: Gross domestic product is the summation of consumption, investment, government expenditure, and net…

Q: 6. The growth rate of real GDP in Rutland is 6%. Assume the growth rate of velocity is constant at a…

A: Gross domestic product is the summation of consumption, investment, government expenditure, and net…

Q: Question 7 A firm, focusing on producing toothpaste has a demand function 2? = 10 − 0.25?. If fixed…

A: Dear student, you have asked multiple sub-part questions in a single post.In such a case, as per the…

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A: Equilibrium refers to a situation of rest where the market forces coincide which each other and…

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A: Wage push inflation refers to an increase in the cost of products and services as a consequence of…

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A: In a market with imperfect information, it can be said that the market outcome will be less…

Q: QUESTION 1 Table 13-16 Average Average Variable Marginal Fixed Variable Quantity Total Cost Fixed…

A: Total cost is a sum of fixed cost and a variable cost.

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A: The nonstrategic view of bargaining suggests that any sensible bargaining result would divide the…

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A: In the international market, ISO 9000 refers to an entity that is used to make rules and regulations…

Q: 1. In a College there are 1800 students. Last day except were present in the college. Today except…

A: Hi! thanks for the question, but as per the guidelines, we answer one question at one time. Kindly…

Q: Owner owns a pizza shop with a single employee. If employee works x hours, he can produce sqrt x…

A: we know that every firm has sole objective to maximise the profit level through minimisation of the…

Q: 2000 TABLE 3 a) Refer to Table 3. Suppose this firm is producing 1250 mousetraps and its average…

A: Profit is calculated with the help of Total revenue and total cost. Profit/Loss = TR -TC

Q: Bob X Y X (1,1) (0,2) Ann Y (2,0) (0,0)

A: Game theory is a technique or method of formal economic reasoning that is used to examine situations…

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A: In a market, if a good is a normal good, it will have an inverse relationship with the price, and a…

Q: Consider the following cost function: C(q) = 100+10q+q² (i) What are the formulas for the Total…

A: 1) TFC=Total cost-Total Variable cost

Q: 2. The Ylaya Textile Mill produces denim. The fixed monthly cost is P21,000, and the variable cost…

A: Answer: Given, Fixed cost FC=₱21,000Variable cost per yard of denim VC=₱0.45Price of a yard of denim…

Q: FYI: for this production function.() = A Parameter Value Investment rate (0) 3% Depreciation rate…

A: *Answer:

Q: uestion 8 You are the manager of medium-sized company that deals in production of make-ups in Ghana.…

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A: Goods market is in  equilibrium level when  aggregate demand and supply are equally at certain price…

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A: As per total revenue it is known to be as the value of the total receipts a seller in the market can…

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A: Free Trade: It can be defined as doing trade without any restrictions that are without the…

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A: Equilibrium in the market occurs at such a price where demand is equal to supply.

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A: total cost production includes fixed as well as variable cost . fixed cost are fixed irrespective at…

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A: Production function shows the relationship between inputs and output. It reflects how changes in…

Q: The law of increasing opportunity cost arises because of the lack of labour mobility?

A: Opportunity cost refers to the cost of trade offs between goods. If the consumer decides to consume…

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A: Industrial Revolution The industrial revolution refers to the up-gradation of Industries and…

Q: ction.) = A ) Y = AK3L3 Value 3% 5% 2% (A) 25 th (ga) 4% a labour force of 5,000 and a capital stock…

A: *Answer:

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A: The PPF is a chart that shows every one of the various blends of result of two goods that can be…

Q: Discuss any three factors that determine Interest Rates?

A: Interest rate is the rate at which the money is traded . Money is like a normal goods an interest…

Q: WHat are baby boomers?

A: Answer -

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A: Here demand function=P=400-Q=400-q1-q2 cost function of firm1=TC1=40q1 cost function of…

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Q: A. When the price =50000-500(Demand) and the variable cost-$3000 per unit, the value of demand that…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: Identify and describe the economic benefit of warehousing which may leverage H&M's sales.

A: A warehouse may be defined as a place utilized for the storage or assemblage of goods. The process…

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Q: Output TC D 1 2 3 1 $60.00 $90.00 $110.00 $120.00 $125.00 TFC TVC AVC -X- AFC -X- ATC -X- MC -X-

A: Total fixed cost (TFC) remains same at each level of output. It is equal to total cost at 0 level of…

Q: 5.2 Consider the following economy: FYI: for this production function.) = A Parameter Investment…

A: Current Output level : Y = 25*(15000)1/3 (5000)2/3  Y = 25*24.5 *276 = 169,210 Growth accounting is…

Q: Which of the following describes the attribute of a risk neutral investor? Select one: a. An…

A: Risk neutral is a term that is utilized to portray financial backers who are harsh toward risk. The…

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A: Perfect competition is the market structure in which there are large number of sellers who sell the…

Q: or service must find another person who is able and willing to make an exchange Exercise 1.…

A: 1. Concept An economical system is a method by which communities or gov'ts organise and distribute…

Q: 7. Five equal deposits of $8000 will be made every 3 years starting next year at % per year…

A: To find the future worth at a given period firstly we find the effective annual interest rate -…

Q: equipment that cost Php. 7,000 has an economic life of n years and a salvage value of Php. 350 at…

A: Given information: Cost of equipment = Php 7000 Economic life = n years Salvage value = 350  Book…