A horizontal supply curve with no slope is considered?

Q: What are some potential approaches to achieving global food security

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A: A recently hired executive officer wants to reduce future production cost to improve the company's…

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A:

Q: The table shows the demand and supply schedules for sandwiches. Use the table to work Problems 1 to…

A: Quantity supplied The amount of a product that manufacturers are willing to provide at a specific…

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A: Frank Bass created the diffusion model known as the Bass model. It is a straightforward differential…

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A: Since you have posted a question with multiple sub parts, we will solve first three subparts for…

Q: Can you summarize how The Circular Flow Model works? Can you also show examples of using a The…

A: Circular flow model explains how an economy functions. It analyses the way goods, services and money…

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A: Given that, Interest rate  5% For the first 5 years payment is 10,000 then for next 10 years payment…

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Q: 1-4  Suppose the price of a sweater is $25. Matthew’s total benefit from purchasing each additional…

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Q: If real GDP increases from $100 billion to $105 billion, and the population increases from 100…

A: Meaning of Gross Domestic Product (GDP): The term gross domestic product refers to the situation…

Q: An elasticity of what would be required to offset a 12.5% price reduction in a 40% contribution…

A: Elastic demand is one in which the change in quantity demanded because of an adjustment of price is…

Q: 3. How do you compare the inflation rate in 2021 to the inflation rate in 2020? a The inflation rate…

A: The inflation rate measures the increase in prices over time. It can be calculated using CPI.…

Q: "A higher inflation rate will be built into the expectations of workers and a higher inflation rate…

A: Inflation:- Inflation is the broad increase in a country's cost of goods and services The…

Q: What is the quantity of labor that produces potential GDP? Potential GDP is produced by the…

A: Gross Domestic Product  GDP calculates the monetary value of the final goods and services purchased…

Q: How can we use the Supply-Demand model to predict what is likely to happen to the price of alcohol…

A: In the free market, the price of goods or services is determined by the forces of demand and supply.…

Q: the following financial information related to XYZ Company. Total Revenues last year $970,…

A: * ANSWER :-    Based on the information related to XYZ Company the calculation of net income is…

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Q: Suppose that in an attempt to boost the price of blueberries for its farmers, the government of Roni…

A: In a free market, price and quantity is determined by the forces of demand and supply. At the…

Q: Consider the following simplified scenario. Imagine that the Australian national rugby union (for…

A: Given that; The demand for full-fare tickets is QF(P) = 120 – 2P. The demand for concession tickets…

Q: The macroeconomic objective of balance of payments stability refe

A: Balance of payments deals with the imports and exports of the country.

Q: How does shoppee and lazada compete in the market?

A: Market: A marketplace is a means by which the exchange of goods and services takes place, either by…

Q: Suppose that 50,000 dollars from a retirement account is invested in a large cap stock fund. After…

A: Buying products that aren't consumed right away but will be used to make money later on is what is…

Q: Demand schedule and supply schedule Price Quantity Demanded Quantity Supplied $ 6 68 28…

A: A linear demand function will be applying the algebraic formula in the computation of the demand…

Q: Please refer to the following information to answer the question (in bold) below: • You have $400…

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Q: Name a Joint Stock Company in India and write a short note on it

A: A joint stock company is the one which is owned by its investors. The stock of the company is bought…

Q: what is social structures

A: Although the idea of social structure is fundamental to the majority of the social sciences, it has…

Q: Over $0 $15,000 $30,000 But Not Over $15,000 $30,000 Tax Due 2.5% of taxable income $375 plus 6.3%…

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

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A: The price of dollar with relation the currency of other nations can be determined in the foreign…

Q: Consider a market in equilibrium. Suppose demand in this market increases. How will this affect…

A: Market is in equilibrium at the intersection of demand and supply curves where quantity demanded…

Q: A new stereo for a car is generally priced in the $150 range.  A new car generally is generally…

A: Price elasticity of demand measures the responsiveness in quantity demanded of a commodity to a…

Q: You may need to use the appropriate appendix table or technology to answer this question. Shoppers…

A: The Poisson distribution is often used to approximate the binomial distribution when the sample size…

Q: The most frequently used method for estimating demand functions is: market experiments. 0 0 0 0 О…

A: Demand function shows inverse relationship between price and quantity demanded

Q: Suppose that you have received $300 as a birthday gift. You can spend it today or you can put the…

A: Opportunity cost of an action represents the forgone benefits from the next best alternative.

Q: what are the merits and demerits of trade faciliation agreements for developing countries

A: The World Trade Association (WTO) Settlement on Trade Facilitation (TFA) lessens administrative…

Q: “As a result of the new law, Bruno receives no economic rent”. Is this statement correct or false?…

A: Economic rent: Economic rents are considered unearned income. Whereas economic profit is a narrower…

Q: A piece of machinery can be bought for P10,000 cash or for P2,000 down and payments of P750 per year…

A: Given:- Cash price=P10,000 Down=P2000 payment=P750 time=15 years To calculate:- Annual interest…

Q: Explain Market pain.  Provide an example of a product that solves market pain.

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Q: 4. Price (dollars per sandwich) 0 12345 6 878 What is the change in total surplus (CS+ PS) after…

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A: Assets known as digital currencies are only used in electronic transactions. Although they can be…

Q: Given Q = 5L² + 8K² - 2LK, w = 1, r = 1, find the values of L and K which will minimize total input…

A: Total cost alludes to the total expense caused in arriving at a specific degree of output; on the…

Q: Which of the following will decrease the demand for chicken? O Research showing chicken is better…

A: The measure that depicts various quantities of goods being demanded by individuals at different…

Q: calculate sum of the residuals

A: We have given five observation. The regression equation Y^=α^+β^X^  ....(1) The residual is…

Q: . The demand curve for a product is given by Q=1,000 - 2P, +.02P where P, = $400. a. What is the own…

A: Price elasticity of demand measures the quantitative change in demand following change in the price…

Q: 2. You have obtained a sample of 14,925 individuals from the Current Population Survey (CPS) and are…

A: Regression equation estimate the relationship between the dependent variable and the independent…

Q: and employment is high. Creditors lend money freely; wages, consumer spending, and prices rise. ach…

A: The fluctuation in the economic activities over a period of time is known as the business cycle.…

Q: The buyer of a certain machine may pay either P2,000.00 cash down payment and P2,000.00 annually for…

A: The present value of a payment anticipated to be made in the future is known as the net present…