A monopoly creates a deadweight loss because the monopoly produces more than the efficient quantity produces less than the efficient quantity O sets a price that is too low

Q: Suppose that Fizzo and Pop Hop are the only two firms that sell orange soda. The following payoff…

A: The correct answer is given in the second step.

Q: Suppose that f(t) =t +5t-2. (a) What is the average rate of change of f(t) over the interval 2 to 3?…

A: Answer;

Q: Which of these is a basic goal of the Federal Reserve System?   a. export promotion   b. zero…

A: The correct answer is given in the second step.

Q: As a Project Engineering had been tasked to make an analysis and to recommend to your company on the…

A: Minimum acceptable rate of return, or, MARR can be defined as the minimum amount of profit that is…

Q: Deadweight loss is defined as O a) the dollar cost of a tax per unit of sale. O b) the cost to…

A: In perfectly competitive market, there is no deadweight loss. Market structures like monopoly and…

Q: 1. Mrs. Renata converted the payment of her P50,000 debt to five (5) equal payments at the end of…

A: A loan is a contract between two people: a lender (who provides money) and a borrower (who receives…

Q: Suppose a government imposes a quota on the sale of an agricultural commodity in an attempt to boost…

A: A quota is a type of restriction on the sale or purchase of goods and services.

Q: Question 2    If the MPC is 0.80 then the MPS is   Question 2 options:   a)  0.30   b)  8   c)…

A: Marginal propensity to consume refers to the portion of increased income which is used for…

Q: Pat sells widgets in a perfectly competitive market. Prices for widgets are lower in July than they…

A: Perfectly competitive market: - it is a market condition where there are many buyers and many…

Q: Situational Analysis: Would the following factors increase or decrease the ability of domestic oil…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: a. When transaction costs are low enough, efficient resource allocation will follow regardless of…

A: First it is critical to comprehend the importance of "Exchange Cost". In this way, the transation…

Q: regulate production · Each individual works for his own success Pure Communism • Government does not…

A: In capitalism, the main variables and choices are left to the market conditions to determined. It is…

Q: Most of the interest on the Fed's assets is: A used to maintain the buildings and grounds of the 12…

A: The Fed's assets comprise fundamentally U.S. Depository notes and bonds and mortgage-backed…

Q: A security that represents a debt to be paid is known as a(n) O a) bank. b) rating. O c) bond. O d)…

A: In a market, different terms are used to represent different form of market interaction between…

Q: 4. Suppose Julene works in a job with long and unpredictable hours. As a result, Julene is more…

A: 24. The answer is - A be paid efficiency wage

Q: RM X was invested in a scheme that pays 3.4% compounded every 2 months. After 3.5 years the…

A: Future value amount includes the principal or invested amount as well as interest .  Therefore the…

Q: Suppose that there is a hurricane that leads to the destruction of some of the nation's capital…

A: A Supply Shock is defined as an event which is unexpected and changes the supply of a good, which…

Q: Assume that the linear cost and revenue models apply. An item costs $4 to make. If fixed costs are…

A: Total revenue is the product of price and quantity.

Q: What is the consumer price index (CPI)? O a) The CPI is a measure of food, clothing, and housing…

A: The Consumer Price Index (CPI) is a proportion of the typical change time in the costs paid by…

Q: monopolistic competition. B) It is easier for sellers to enter a market or industry characterized by…

A:

Q: by a Local egg seller, Rahim. Rahim is faced with strong competitors who are selling exactly the…

A: A break-even analysis is an economic apparatus that is utilized to decide the expense construction…

Q: I value of Q-14 257 800 and that A- 35 600. How would the optimal value of Q change if the budget…

A: Given, Maximum output = Q = K2L Budget constraint = 3K+2L = 1200 Q's optimal value = 14257800 And, λ…

Q: 18.(-. the cash flows shown below have a future worth of $0. 国 | = )- If the interest rate is 10%,…

A: Answer; The value in the 5th year is -687.742 or ($-687.742)

Q: Many people will lose or have lost their jobs because of the growth of international trade. So, why,…

A: The answer is as follows:-

Q: Amid the global pandemic, economic activity in many countries in the world decreased substantially…

A: Government Deficit refers to the situation under which the government runs into debt from excessive…

Q: With free entry and exit, the long-run market supply in a perfectly competitive market is O a.…

A: Firms have the ability to enter and exit the market under perfect competition. As a result, when…

Q: Question 55 In the figure given below, we observe Price Level LRAS SRAS P1 AD Real GDP Y1 YP Oal a…

A: The curve that depicts various quantities of goods and services being demanded at various levels of…

Q: The expansion phase of a business cycle occurs from the a) bottom of a trough to the next trough. O…

A: Business cycle refers to increase and decrease real output produced in the economy.

Q: The _____ oversee(s) the main tool of monetary policy.   a. Congressional Budget Office   b. 12…

A: * ANSWER :-  (4) From above information the answer is provided below as

Q: ave atn) in the production of seafood. O a) comparative advantage O b) negative incentive Oc)…

A: The answer is - a) comparative advantage coastal regions are stronger commercial fishing economics…

Q: Compared to a perfectly competitive industry, a single-price monopoly produ more output the same…

A: Monopoly refers to a market structure where there is a single firm. The firm produces unique…

Q: Analyze the graph below, showing the Gross Federal Debt as a percentage of GDP for the United States…

A: GDP: It refers to the gross domestic product of the economy. The GDP helps in showing the wealth of…

Q: Savings represents a) only funds supplied by foreigners, because Americans don't save. O b) the…

A: Loanable funds market deals with demand and supply of loanable funds to determine equilibrium…

Q: The ___________ is the Fed’s primary tool for adjusting the ___________ .   a. interest on reserve…

A: The interest on reserve balances rate is an administered rate, the Fed can steer the federal funds…

Q: Table 2. Q TC FC VC MC AFC AVC ATC D SO 1 E $91 V F. M $49 3 G K N P. R $112 Consider the…

A: Answers   Q7) As Q= 1, AFC = 91 = TFC/Q TFC = 91*Q = 91 E= 91

Q: b. What is the equilibrium price sellers receive, equilibrium price buyers pay, and equilibrium…

A:

Q: Crabby Bob’s is a seafood restaurant in a beach resort in Delaware. Crabby Bob’s earns a profit each…

A: Here, when analyzing the given information, it can be said that Crabby Bob resturant is facing…

Q: The company's interest rate (MARR) is 12%. Which extruder should the Styrofoam Company choose? Use…

A: Given information MARR=10%

Q: Quantity of Y 6. 4. 10 Quantity of X Figure 1 Refer to Figure 1. The consumer redirected her…

A:

Q: M1 money includes all of the following except   Question 45 options:   a)  savings accounts   b)…

A: M1 as a measure of money supply includes currency , demand deposits , travelers checks and all the…

Q: When the unemployment rate is equal to its natural rate-that is, no cyclical unemployment exists-the…

A: Unemployment rate refers to the percentage of labour force that is unemployed. Unemployment occurs…

Q: The entry effect refers to: the number of immigrants that end up returning to their home country the…

A: The entry effects refers to the number of Canadians who experience job loss because of an inflow of…

Q: The labor supply curve is upward sloping because        workers are willing to work more hours at…

A: Labor supply curve shows different combinations of wage and quantity of labor supplied.

Q: Mr. Delos Reyes inherited P280,000 on his birthday. This he placed on his own pension fund (bank…

A: Engineering economics, formerly known as engineering economy, is a branch of economics concerned…

Q: Find the consumer's and producer's surplus if for a product D(x) = 16 – 0.005x² and S(x) = 0.004x² .…

A: Given  Demand function: D(x)=16-0.005x2              .... (1) Supply equation: S(x)=0.004x2…

Q: Noah walks past the same pharmacy every day. He realizes the pharmacy always changes its prices on…

A: Demand curve is negatively sloped showing inverse relationship between price and quantity demanded.

Q: PART I: Below is the quantity demanded and supplied in the market for skis. What is the equilibrium…

A:

Q: Assume you make $86,000 a year.  The rate of inflation is currently 4%.  What would your salary need…

A: My salary will be able to compensate for inflation only when it increases at the same rate as the…

Q: Consider the short-run and long-run Phillips Curves illustrated in the figure below. Suppose…

A: PLEASE FIND THE ANSWER BELOW.   INFLATION RATE: The rate at which prices increase over time,…