Calculate change in price uf elasticity of is-2 and percentage change  in Quantity demanded is 5%

Q: In your opinion, how can we attract new foreign investors to our country in order to develop our eco...

A: Foreign investment refers to a situation when the individual from a foreign country invest in domest...

Q: Question 4.04 TABLE 1 Q Q* 10 13 12

A: Here we know that, R- squared is known as the correlation coefficient. Mean of Q (Q¯) = 8+13+16+114 ...

Q: Would you expect marginal utility to rise or fall with additional consumption of a good? Why?

A: Price at which the consumer is willing to pay and has the good that is willing to pay and goods like...

Q: The federal government decides to require that automobile manufacturers install new anti-pollution e...

A: The price elasticity of demand for a good is a measurement of how sensitive the quantity demanded is...

Q: How does a growing trade deficit affect a country's GDP?  Explain your answer.

A: GDP refers to the final value of goods and services produced in an economy during a year. The GDP is...

Q: A consortium of international telecommunication companies contracted for the purchase and installmen...

A: Given:- Total cost=US$990 million Charges=10% Period=16 years Salvage value=0 To calculate:- Book va...

Q: Explain the term price elasticity of demand? How is it measured? What factors influence market deman...

A: What is price elasticity of demand? Price elasticity of demand will in general be an action on the m...

Q: For their birthdays, Vivaan and Saanvi, who are brother and sister, each received 25 iTunes music do...

A: Pareto improvement to a system is said to have occurred when a reallocation of resources leaves no o...

Q: Mang Enteng borrowed P2000.000 from a bank and promised to pay the amount for 1 year. He received on...

A: Time= 1 year Principal= 2000 Amount= 1920 Interest=80

Q: What is the nominal value of the interest compounded continuously for a period of 3 years if the val...

A:

Q: Calculate breakeven point.

A: Answer is given below

Q: Suppose the supply curve for open-heart surgery is vertical at a hospital for heart conditions. If t...

A: Below are points that need to be considered: *Price of commodity and its demand poses a negative rel...

Q: What is the amount of S? Answers must be in two decimal places including percentages for example: 12...

A: Elasticity of income refers to percentage change in quantity demanded due to percentage change in in...

Q: 5-5. A nation's government has determined that mass transit, such as bus lines, helps alleviate traf...

A: Positive externalities, or non-excludable benefits, are associated with the development of transport...

Q: 5.) A money today is P4000. If the discount rate is 7%. How much is the future worth? ANSWER: F = 43...

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

Q: How much money must you invest today in order to withdraw P 15,640 annually for6 years if the intere...

A: Given information, Annual amount (A): ₱ 15,640 Time period (N): 6 years Interest rate (i): 2.91% T...

Q: In a unitary system of government, O the national government has legal control over local government...

A: In a unitary system the only level of government besides the central is the local or municipal gover...

Q: Question 4 Let Nt = nNt-1 and Mt=zMt-1 for every period t, where z and n are both greater than 1. Th...

A: Given: et Nt = nNt?1and Mt = zMt?1 for every period t,where z and n are both greater than one. The m...

Q: i need help with the last 6 problems left blank -  If 2012 is the base​ year, real GDP in 2011 was ...

A: Note: There are multiple sub parts of the question, hence we shall solve the first three for you, if...

Q: Real World Medical Technology is putting together its R&D budget for the coming year. The firm has c...

A: Given the table:

Q: ill deposited 100,000 pesos in bank account earning interest at the rate of 10% compounded quarterly...

A: Amount deposit = 100,000 r = 10% n = 10

Q: Which two phenomena relate to physicians overprescribing treatment? Select 2 correct answer(s) defen...

A: In the healthcare sector, overprescribing treatment refers to the situation when physician recommend...

Q: Provide three characteristics that prevent health care markets from allocating resources efficiently...

A: We have show that  ,The healthcare industry is a multibillion-dollar industry in the USÀ that provid...

Q: .Enumerate at least five interpretations of the graph of the Total Utility curve 2.Enumerate at leas...

A: Total Utility Curve: Total utility curve is the combination of consumer demand theory and its utilit...

Q: Q1): A company is planning to expand its business after 5 years from now. The expected The company c...

A: Here we calculate the difference in amounts company arrange after 5 year by using the given informat...

Q: 19. Mr Arguillonis considering building a 25-unit apartment in a place near a progressive commercial...

A: A rate of return (RoR) is the net gain or loss of an investment over a specified time period, expres...

Q: Compare and contrast private and public goods. Explain how the characteristics of a public good lend...

A: Answer to the question is as follows:  

Q: One of the following phenomena has been inaccurately described. Which one is it? a. Offshore outsou...

A: There are various economic revolutions and improvement that took place over a period of time that ha...

Q: robotics used on the heavy truck gear line will produce total benefits of $516,000 (in today's dolla...

A: Marginal means additional. Marginal cost benefit analysis is used to evaluating the project. Instead...

Q: Marc is selling his house through a real estate agent whose commission is 6% of the selling price. W...

A: Answer to the question is as follows:

Q: Question: Calculate the relative wage between the two countries, and briefly comment on your findin...

A: From the problem we see that Greece has comparative advantage in production of D, so Greece produces...

Q: A machine has a first cost of $5,000 with a useful life of 5 years. It will have a salvage value of ...

A: Given  The first cost of machine =$5000 Useful life= 5 years Yearly maintenance cost =$500 Salvage v...

Q: Refer to the graph above. Suppose that the government imposes a price floor at $15. As a result, the...

A:

Q: A rise in the federal funds rate a. raises the long-term real interest rate. b. does not change the...

A: The Federal Reserve holds accounts for banks and other depository institutions in the United States....

Q: A regional municipality is studying a water supply plan for its tri- city and surrounding area to th...

A: The cash flow diagrams mean the net amount being transferred in and out of a company or bank. Cash r...

Q: 4. If the nominal Gross Domestic Product of an economy is equal to 19,567 and the real Gross Domesti...

A: Given: The nominal GDP for an economy is = 19,567 The real for an economy is = 15,355 To Find: The G...

Q: Do global cities widen the gap between the rich and the poor

A: Globalization refers to the economic approach to open-up the boundaries of the countries to make dif...

Q: Investors view an increase in the default risk of corporate bonds, relative to US Treasury bonds. Co...

A: Treasury bonds (sometimes known as T-bonds) are government debt instruments issued and sold by the U...

Q: bought a property and he paid php 100000 cas and agreed to pay php 20000 at the end of each 6 months...

A: *Answer: 

Q: How can we reconcile these four classical models? In other words, what are some positives that can b...

A: Linear stages theory - This a historical growth model given by Walter Whitman Rostow in 1960. His th...

Q: Question 8 Suppose Total revenue from the sale of output is given below Output Total Revenue 1. 9. 1...

A: Marginal revenue is a central concept in microeconomics that describes the additional total revenue ...

Q: Q2. Given the following data in 2020, calculate the country's GDP in that year. Show steps of your c...

A: Investment= Purchases of capital equipment+ Purchases of structures+ Inventory accumulation Investme...

Q: 1. Discuss the idea of an opportunity cost and think of three opportunity costs that you have made t...

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the exac...

Q: e. It is sometimes said that competitors in an oligopolistic industry need a price leader to “straig...

A: An oligopoly is a market structure in which a small number of enterprises have a significant amount ...

Q: Would you usually expect elasticity of demand or supply to be higher in the short run or in the long...

A: In economics, elasticity refers to the responsiveness of one economic variables with respect to the ...

Q: Government spending increases from G1 to G2. Which of the following diagrams best represent the chan...

A: Picture A is the correct one. If  Y=C+G. C=Y-G with h-l = 24 hrs or labor =0, Y=0, C=-G

Q: 13.03 Homework • Answered If the average variable cost of producing 4 jeans at Jerry's factory is $6...

A: We know that, Total Cost(TC)= Total Fixed Cost(TFC)+Total Variable Cost(TVC),Average Variable Cost(A...

Q: John quit his part-time job as a teacher earning AUD 40,000 per year to start his own food kiosk bus...

A: Formula to calculate:- Accounting Profit:- Accounting Profit=Total revenue-Explicit Cost Economic Pr...

Q: What are the present worth and future worth of P6000 deposited at the end of every month for 4 years...

A: Quarterly deposit = 6000 x 4 =24,000 Quarterly rate of interest rate = 12/400 =0.03 Total periods = ...

Q: In a unitary system of government, -------- O the national government has legal control over local g...

A: A unitary state is one in which the central government is the supreme power and the state is control...