a. Explain the important steps in the construction of Causal Loop diagram. Also provide link polarities in figure1. Environmental Quality 1 Pressure to Clean Up Environment Cleanup Effort + 5-5 Figure 1 The GDP of Pakistan grows at 5.5 percent per year. Estimate, how many years it will take to double the total GDP?

Q: A company estimates that it will sell N(x) units of a product after spending $x thousand on…

A: We have units sale equation N(x) for the given advertisement expenditure (in thousands) as:  N(x) =…

Q: 13) What would traditional Economic theory predict about the relationship between WTP and WTA?

A: Traditional economic theory makes predictions about how WTP and WTA are related.   According to…

Q: Suppose that the Foreign country experiences positive news following the discovery of a valuable…

A: Foreign currencies are demanded by domestic households, firms, and governments who wish to purchase…

Q: The era of Mercantilism trade theory was   Question 7 options:   1600-1900   1500-1800…

A: Mercantilism depends on the rule that the world's abundance was static, and subsequently, numerous…

Q: 8. Risk and return Suppose Frances is choosing how to allocate her portfolio between two asset…

A: An investment is an asset or item obtained determined to create income or appreciation. Appreciation…

Q: When a country opens for trade and becomes an exporter of a good, which of the following is a…

A: The exchange of goods and services for cash between two or more countries is referred to as…

Q: Use the price-demand equation p+0.005x=48, 0≤ps 48. Find the elasticity of demand when p=$16. If the…

A: Price elasticity of demand (PED) is defined as the percentage change in the quantity demanded for a…

Q: A building constructor has a contract which will expire in 50 days. He has 80 men on the job and can…

A: Contract expires in 50 days 80 men can finish the job in 80 days. Wage per day of 40 men = P800 each…

Q: What is the value of real GDP in 2019 if the GDP deflator is equal to 1.1 and nominal GDP is $21.5…

A: "Nominal GDP represents GDP at current prices without taking into account the adjustments for…

Q: Question 5 Suppose there are two countries Peru and Japan that produce Food and Fuel. Peru can…

A: Since you have posted multiple subparts, as per the guidelines we can solve only first 3 subparts.

Q: If there is a decrease in supply and demand, how will equilibrium price and quantity be affected?

A: If there is a decrease in supply and demand, equilibrium price and quantity will be affected…

Q: Once a common resource is available for consumption, policymakers need to be concerned with

A: Thank you for the question. According to Bartleby's answering guidelines, we answer only one…

Q: A new alloy can be produced by Process A, which costs $200,000 to implement. The operating cost will…

A:

Q: Which of these is a guideline for making a decision? Guaranteed gain Marginal cost is less than…

A: Optimal decision making requires optimum utilization of resources in order to attain certain level…

Q: Consider the linear regression of the variable "balance" as output and the variables "student" and…

A: The L1-norm of the regression coefficients is the sum of the absolute values of the coefficients,…

Q: Explanation it correctly and details  At a price of $26.75, producers will provide 7 items, while…

A: As we know that demand and supply are the forces that determines the price and quantity level in the…

Q: urgently help me plz

A: Exchange Rate: We know that The exchange rate represents how much of a currency is needed to…

Q: When Sean visited his grandparents in Edinburgh, Scotland, over the summer, he noticed that things…

A: Here, it is given that Sean went to his grandparents house in Edinburgh, and seen that a Starbuck…

Q: Explain the effectiveness of the fiscal policy in economics.

A: The fiscal policy is the means by which the public power changes its spending and pay to influence…

Q: A borrowed amount worth 4,250 Pesos is to undergo an interest of 6% during May 1,2021 until November…

A: The formula for simple interest rate is given by: SI = (PTR)/100 where P is the principal, T is the…

Q: how will government change the supply or demand of computer chips to end the shortage?

A: The government could provide subsidies to computer chip manufacturers, which would increase the…

Q: When a good becomes more trendy, is there a: change in demand/change in quantity demanded/change in…

A: The Change in the quantity demanded is change which is caused by the price change. Change in the…

Q: An investment of 42,500 Pesos was made today at 5% compounded quarterly for 5 years. After the said…

A: Here we need to find the first 5years future worth of the investment and then the final amount is…

Q: If a firm produces nothing, which of the following costs will be zero? Select one: O a. variable…

A: Total cost is the summation of total fixed cost and Total variable cost. Total fixed cost are those…

Q: 12 8 4 0 0 e) 4 8 12 16 D1 20 09. A possible explanation for a change in demand from D1 to D2 is a)…

A: The demand function can be given as:  Qx = f(Px, Pz, M , t)  Where Qx : Quantity demanded for good x…

Q: Question 1. An industry consists of two firms. The demand function for the product of irm i is q =…

A: here two firm choose the price simultaneously , so it proves that it is Bertrand duopoly which is…

Q: A B D F с E S D -Qua

A: Consumer surplus is the difference between price a consumer is willing to pay and price he actually…

Q: A restaurant frequently offers a special prix fixe meal and has been charging $⁢120 per person for…

A: When the price is $120, the total customer in the restaurant is 40. Also, if the price is decreased…

Q: Shala Co. is making a decision about investing in new technology. It currently expects to earn Php…

A: Expected value (otherwise called EV, assumption, normal, or mean worth) is a long-run normal worth…

Q: 02. Quantity supplied at price = $10 is O a) 8 O b) 10 O c) 12 O d) 16 O e) 20

A: Quantity supplied means the quantity of goods and services that a seller/ producer is willing to…

Q: Is this counted as part of the GDP? Which of the following are included and which are excluded in…

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

Q: 9. Efficient markets hypothesis Which of the following are consistent with the efficient markets…

A: According to the efficient market hypothesis, asset prices represent all information. Because market…

Q: QUESTION 3 28 24 20 16 12 8 4 0 P 04 8 12 16 20 3. The maximum that buyers are willing to pay for…

A: Given that,  there is a graph between price and quantity. and we have to find the maximum that…

Q: Government Intervention in the Market: Price Floorsand Price Ceilings?

A: Government Intervention is very necessary  in Market Prices.   In severe economic circumstances, it…

Q: Cost-benefit analysis is important to determine the role of government in our economy because

A: Cost-Benefit Analysis is defined as a process which is used to measure the benefits of a decision…

Q: 1.  Please examine possible impacts of Covid-19 on unemployment both in the long-run and short- run…

A: The Covid-19 outbreak has already had a considerable impact on unemployment, with the number of…

Q: 2. Which point is inefficient?* B O A&B O A&D E Good X

A: Since you have posted multiple questions, as per the guidelines we can solve only one question per…

Q: the total expenditure of revenue on a government program (revenue collected by a tax) the full…

A: Government expenditure is the spending by government in a period of time to do welfare and…

Q: 4. Using the rule of 70 Consider an imaginary economy that has been growing at a rate of 4% per…

A: Here, it is given that economists use the rule of 70 to determine the number of years that a policy…

Q: Consider a monopolistic business. What sort of demand curve does a monopolist face in contrast to a…

A: A monopolist company is the only one in the market selling a good that has no direct competitors. As…

Q: A positive externality will cause a market to produce Select one: more than is socially desirable. O…

A:

Q: i need in words (not handwritten please) or also no pic Question 1  Suppose that the demand for toy…

A: Given  Demand equation for toy drums QD=300-5p           .... (1) Supply equation for toy drums…

Q: 21. The population of a town has a constant growth of 4% p.a. If its present population is 62,500,…

A: We use the formula of compounding to calculate the population of the town after 2 years. Formula…

Q: The following table shows two demand schedules for a given style of men's shoe-that is, how many…

A:

Q: What can a government do to promote economic growth? Use examples to illustrate your points

A: Gross domestic product (GDP), which is the total annual value of all goods and services generated in…

Q: 4 Your first job gives you an incentive to stay for a minimum of 3 years. At the end of 3 years, the…

A: Given  Amount of bonus after three years =$15000 Rate of interest =6% per year  We have to calculate…

Q: In Jonesville, the market price and equilibrium quantity demanded of ice cream drops every year in…

A: The law of demand states that price and demand have an inverse relationship. If the price falls…

Q: Year Cost of basket (R) of consumer goods / services Base Year 2018 1850 2019 2190 2020 2380 2021…

A: consumer price reflects the cost of living of the people, it shows how the prices of consumer goods…

Q: 23. James borrowed $600 from the bank at some rate per annum and that amoun becomes double in 2…

A: The future value depends on rate of interest. The higher rate of interest leads to higher future…

Q: 2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If…

A: Discouraged workers refer to those people who are tired of finding a job but they do have a desire…