A subsidy to buyers has been placed in the market in the graph shown. The result is: None of these is true. customers are worse off than before the subsidy. a higher quantity bought and sold at a higher price. O producers are worse off than before the subsidy.
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- A poll commissioned by a politician estimates that t days after he makes a statement denegrating women, the percentage of his constituency (those who support him at the time he made the statement) that still supports him is given by S(t) = 75(t2 − 3t + 25)/t2+3t+25The election is 10 days after he made the statement. Was the approval rate positive or negative on the date of the election?Pls answer in short 10-15 sentences only !!12,13
- Hansel has been making a cuckoo wristwatch, which he sells over the web. Customers are willing to pay $600 for Hansel’s watch, and each one costs him $240 to make. He has no fixed costs. Gretel is considering entry into this market. Her consultant has conducted a large-scale study of customers to determine how much they are willing to pay for watches of various quality levels. The consultant has found that customers’ willingness to pay equals 150q per watch, where q is a quality index the consulting firm has developed that ranges from 1 to 10. Gretel’s cost would be 15q2 per watch. Regardless of whether or not Gretel enters the market, and regardless of the quality level she chooses, Hansel will not change his competitive positioning. Suppose Gretel chooses to enter the market with a lower quality level to save on costs. Specifically, her quality index equals 3. What is her added value vis-à-vis Hansel (per watch)? What is the optimal quality level Gretel should choose…Please give a detailed answer to the question below.Options For Fill In Blank Answers:.05, .2, .25, and 5elastic or inelasticNn1 Which of the following is a bilateral monopoly? A) A perfectly competitive firm in the output market, with monopsony power in the labor market. B) A firm with monopoly power in the output market and participates in a competitive labor market. C) A firm that has monopoly power in the output market and monopsony power in the labor market. D) A firm that can switch from being competitive to being a monopoly in either the product or labor markets.
- In which case is there no evidence of market failure? a. Intense competition in a fruit market b. A steel plant pollutes a nearby river c. Buyers of goods are uncertain about their quality d. A monopoly maximises its profitsS1: The age structure in a country does not necessarily reflect its burden of dependency. S2: In the Philippines, men live longer than women generally. A. True, True B. True, False C. False, True D. False, FalsePlease no written by hand solutions Question 19 Which of the following figures is most likely to represent the cross-price elestioly of dernand of FiereOne internet services to Starlink intemet services. a) -3 b) 0 c) 2.5 d)⋅0.55
- Salmonella is found in blue bell ice cream,Market:Pet ice cream Is it Increasing or Decreasing(SW 7.10) Show that the two alternative formulas below for the homoscedasticity-only F-statistic are equivalent. F = (SSRrestricted − SSRunrestricted) /q SSRunrestricted/ (n − kunrestricted − 1) (equation 7.13 in SW) F = R2 unrestricted − R2 restricted /q (1 − R2 unrestricted) / (n − kunrestricted − 1) (equation 7.14 in SW)The impact of coviv 19 in restriction of goods