Q: Which of the following actions by the Bank of Canada would result in expansionary monetary policy?…
A: The policy that controls the quantity of money being available and channels through which new money…
Q: Which fiscal policy would make a budget surplus smaller or a budget deficit larger? lower government…
A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…
Q: 12. A car dealer advertise the sale of a car model for a cash price of P280,000. If purchased on…
A: Given cash price of car = 280,000 P Down payment = 15 % of price = 42000 Remaining balance to be…
Q: What does the shape of the PPF curve drawn suggest about the opportunity cost of producing ONE more…
A: A production possibility curve is a graph that depicts the many combinations of two items that can…
Q: ._______ The average level of output per worker per hour.
A: Labour supply is defined as the amount of total hours a worker or employee is willing to work at a…
Q: In the context of optimal pricing, cannibalization refers to: a. A firm's low price for one of their…
A: Cannibalization refers to the decrease in sales volume and revenue as a result of introduction of…
Q: 1. Which of the following is not a criteria of the Industrial Organisation (IO) paradigm? a. All…
A: Industrial organization is an economics topic concerned with corporate strategy, regulatory policy,…
Q: Price (Dollars per Garment) 7 D E 5 AC=MC Demand Marginal Revenue 10 20 Garments cleaned per year…
A: In perfect competition there are large number of firms and in monopolistic market there is only one…
Q: Consider a perfectly competitive constant-cost industry with n identical firms. Startis from long…
A: A perfectly competitive industry with a horizontal long-run industry supply curve as a result of no…
Q: For a single-price monopoly, marginal revenue is when demand is elastic and is when demand is…
A: A single price monopoly firm produces its profit-maximizing output at the point where MR= MC. When…
Q: Government spending on Medicare payments for patient medical care decreases. i) the short run…
A: Medicare is a health-care programme for adults aged 65 and over, as well as individuals under 65…
Q: A new oven will save $130 per year in electricity expense. How much can we afford to pay for this…
A: * SOLUTION :-
Q: How is the producer price index related to the consumer price index?
A: Inflation is described as a steady rise in the prices of almost all goods and services generated by…
Q: 6. A plant's production function is Q(L,K) = 2KL + K. The price of labor services, w, is $4, and the…
A: The amount of product produced determines variable costs. Labor and raw materials are examples of…
Q: Acertain industrial equipment has a maintenance cost of Php 2500.00 per month for the first year of…
A: The amount that should be invested initially to cover the upcoming maintenance cost should be equal…
Q: Do consumer behavior strategic recommendations- Words Required: 600
A: Consumer is a person or an individual who buys goods and services at a common price. It is the price…
Q: When one country joins a free trade area with a common external tariff, it causes: a. Trade…
A: When talking about free trade aggreement, it is the contract between two or more countries to allow…
Q: Lenlen sold 5 tub of mango float at a price of 120 pesos for one tub. Each tub cost 90% to purchased…
A: Given Price of a tub of mango =120 pesos Cost =90% to purchased. FC=400 “Since you have asked…
Q: if supply decreases by 30%, would the price increases by the same amount? if not, why
A: A decrease in supply will make the harmony price rise; the amount requested will decrease. To figure…
Q: In Straight Line depreciation, the book value at the end of the depreciable life is equal to the…
A: When purchasing an asset, it can be seen that some value of the asset reduces overtime due to its…
Q: A trade restriction on the quantity of a good that an exporting country is allowed to export to…
A: A country will export the good if it has surplus of that good. This implies that if quantity…
Q: The following pair of assets differ only in the MARR. The problem asks you to determine the effect…
A: Economic lives for an asset refers to the time period when the asset is useful for the owners. The…
Q: A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and…
A: The correct answer is given in the second step.
Q: ers obtain large nominal wage increases. i) the short run effect on the price level and real output…
A: When the nominal wage increases, the aggregate demand increases due to enlarged consumption in…
Q: Discuss the sustability during the pandemic on how they have influenced the management of the…
A: Agriculture business management is a specialization in management that focuses on the commercial…
Q: A breakthrough in solar energy research that halves the cost of electricity will have no effect on…
A: "Electricity act as an important input in the production process of all the commodities and…
Q: Discuss the importance of Asia in global business.
A: There are the following importance of Asia in global business. The most populated market of the…
Q: What are the main factors that made Xiaomi a leading smartphone company in China and What do…
A: Xiaomi is a leading smartphone manufacturing company, which is a China based company. Its main…
Q: Which of the following is true of effective employee evaluation and feedback? O It should be…
A: When we are considering the evaluation of employees then it is very necessary to evaluate the…
Q: 3. Thè components of marginal revenue Darnell's Fire Engines is the sole seller of fire engines in…
A: Demand curve shows a negative relationship between price and quantity demanded. Its slopes downward.
Q: The vertical long-run aggregate supply curve satisfies the elassical dichotomy because the natural…
A: Aggregate supply curve shows relationship between price and real output supplied.
Q: Which of the following would NOT be included in this year's GDP? Select one: Oa. The tuition fee for…
A: GDP is the value of final goods and services produced in the economy within a given period of time.
Q: What reasons would you give if you were advising someone to study business?
A: Meaning of Economics: The term economics refers to the situation under which there remain…
Q: 3. When one country joins a free trade area with a common external tariff, it causes: O a. Trade…
A: In economics, it is very important for the firms to engage in trading activities because trading…
Q: A perfectly competitive firm's production function is Q=4LK where Q is the amount produced, L is the…
A: Marginal product of labour refers to the change in total product when an additional unit of labor is…
Q: 3. Consider an auction wheren identical objects are offered, and there are (n + 1) bidders. The…
A: The bidder's income has an impact on the bidding strategy since, above a certain price, the person…
Q: What amount does each bidder bid in the Bayesian Nash equilibrium of a 2nd price auction? The…
A: Each advertiser offers a fixed amount per impression, which is compared to the other available bids,…
Q: Consider a graph of a natural monopoly: MC C MR mire where a=23; the slope of the inverse demand is…
A: Natural Monopoly are the firm which has large fixed cost and operate at economies of scale . Profit…
Q: The present worth of all the cashflows of handmade earthen pots are shown until the end of year 8 is…
A: The present worth of the cash flow is P0=$9,330 We have to find value of x
Q: Discuss and give examples of the three indivisibilities of underdeveloped countries
A: When compared to a developed economy, an underdeveloped economy has a low per capita income, a rapid…
Q: 8-33 The owner of a downtown parking lot has employed a civil engineering consulting firm to advise…
A: PLEASE FIND THE ANSWER BELOW.
Q: Consider a monopolist with TC=10+4Q+0.5Q? . The market demand is P=80- 20. Find the price that will…
A: A Monopolist produces at MR = MC at equilibrium. Calculation of MR P = 80 - 2Q => TR = PQ =>…
Q: Fl in the blanks When a country's income is PhP2000e you spent PhP1750. When your income changed to…
A: Given: Old Income - PhP 2000 Old Consumption Expenditure - PhP 1750 New Income - PhP 4000 New…
Q: Can you assess how relevance of the carbon tax may be different for fossil fuels producers and…
A: Government needs money to fund the development process in the country . For this government collect…
Q: Which of the following is international trade? a. Trade between regions b. Both (b) and (c) c.…
A: International trade is very beneficial for the economy of a country because it influences the GDP of…
Q: how does Socio-economic Factors Affect Investors and Suppliers explain each briefly.
A: Socio-economic factors The term "socio-economic" relates to societal economic issues. These elements…
Q: If firms in the market are producing output but are currently making economic losses, P illustrates…
A: In economics, the marginal cost of production is the change in total production cost that comes from…
Q: A free trade union with a common policy regarding tariffs and measures having an equivalent effect…
A: Free trade agreement is an agreement which is signed between the countries to remove the tariffs and…
Q: An untreated wooden pole that will last 10 years under a certain soil condition costs P 12,000. If a…
A: Return on Investment or ROI is defined as the measure of performance that is generally used for the…
Q: 1
A: The labor force is the summation of unemployed workers and employed workers. The employed workers…
Step by step
Solved in 3 steps
- Explain why new entrepreneurial business owners select or target their customers. What are the disadvantages associated with not choosing the customers?Give the meaning of business and explain its scope in briefAdam Smith believed that the ideal capitalist economy is “self-motivating, self-coordinating, and self-regulating.” Give three (3) examples of how, in your view, the U.S. economy departs from Smith’s ideal. Don’t just state the example. Support your points of view. (100 words maximum)
