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A: According to the given question In simple words we can say that the diminishing marginal returns occ...
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A: explicit cost are those cost which is bear by producer when they use the external service or hire th...
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A: #Fiscal deficit is given as a difference between the total expenditure of the government and total r...
Q: Consider a monopolist facing a downward-sloping demand curve. Is marginal revenue is located _______...
A: In a market, monopolist has different marginal revenue curve than the perfectly competitive firm as ...
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A: # PPC or the production possible curve is a combination of different bundles of goods which can be p...
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A: The production function is, • q = f(k°, l) = √(l.k°) = √l [as k° = 1] Now, rental rate of capital is...
Q: ssuming that the monopolistic competitor faces the demand and costs depicted below and finds the pro...
A: Therefore (A) $128 is the answer to this question
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A: According to the given question A four sector model is an model which actually includes the governme...
Q: Price (per pound) $50 S1 S2 30 25 20 15 10 D. 100 200 300 400 500 600 Quantity of sugar (per mon $15...
A: Prices are the value of money that is paid by the consumer when they buy a product.
Q: City A has a travel demand function q = 2.0 x 106 – 5000t, and road performance function 50 + 8 x 10...
A: Demand function : q = 2*106 - 5000t Performance function : t1 = 50 + 8*10-5q
Q: Stone Cardboard Shears Stone 5/6 4/3 3/7 Cardboard 3/2 0/1 4/5 Shears 6/3 2/0 5/1 Select all Nash-eq...
A: Nash equilibrium is a condition when no player has an incentive to deviate. All the players play the...
Q: Carefully explain what is happening in the following markets. Indicate the impact if any on demand, ...
A: The concept that explains the interaction between the buyers for the resource and sellers of a resou...
Q: The demand function for apples is the following. Qn = 10 – Pn + 0.2Y +0.5 Pc – 2Ps + 0.2A Where: ...
A: As given Qn = 10 – Pn + 0.2Y +0.5 Pc – 2Ps + 0.2A Also we know that income elasticity is Ey = ∂q∂y×y...
Q: Adrienne consumes three goods, x,y, and z. Her consumption preference is given by the utility functi...
A: U(x,y,z) = x17y27z47Px = 1Py = 10Pz = 10
Q: c. Does the tax-spending system in the United States redistribute resources from higher-income earne...
A: A progressive tax refers to a tax in which the tax rate increases as the taxable amount rises, thus ...
Q: 100 90 80 Supply 70 60 Tax Wel 42, 46.8 50 40 30 20 10 Demand 10 20 30 40 50 60 70 80 90 100 QUANTIT...
A: We are going to calculate, tax burden on buyers and sellers as well as elasticity of demand and elas...
Q: 43. Programs such as Social Security and Medicare a. Have to be re-authorized every year b. Do not r...
A: Social security and Medicare aims to provide people with aids of health insurance, retirement, disab...
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A: The quantity demanded of the good is generally defined as the amount of the commodity the consumers ...
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Q: a) Qd=410-5Ps-2Pj Qs=-60+3Ps b) Qd=295-Ps-3Pj Qs=-120+2Pj
A: Answer a)
Q: Y=5K/5L4/5, where Y is output, K is capital, and L is labor. Firms are price-takers and maximize pro...
A: Given production function :- Y = 5K1/5L4/5
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A:
Q: Tom has the opportunity to purchase an investment that will pa $30,000 in 5 years. The purchase pric...
A: here we can calculate the present value and know the is tom purchase or not which are as follow-
Q: Suppose that the U.S. government decides to charge wine producers a tax. Before the tax, 25 billion ...
A: Given Before tax Equilibrium price =$5 Equilibrium quantity =25 billions of bottles After tax Cons...
Q: Year CPI 2017 175 2018 180 Table 1 8. Suppose that the data in the Table 1 above reflect price level...
A: here we can choose the correct option by calculating the inflation which are as follow-
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A: Ans) The correct option is d.) The textile industry creates blocked avenues to entry even with compa...
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A: Market is an economic platform that helps the buyer and seller to contact with each other and enab...
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A: When does the unemployment compensation apply ? Ans:- we should apply for unemployment benefits du...
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A: At long run equilibrium, equilibrium price is $3 and equilibrium quantity is 600 million cans.
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A:
Q: Using monetary policy to raise the real interest rate leads to an ______ in investment spending and ...
A: Using monetary policy to raise the real interest rate leads to an decrease in investment spending an...
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A: Answer: (A). If the average, people in a country decide to increase the number of hours they work by...
Q: What is the shadow price in the following constrained optimization problem? (Round answer to two dec...
A: A shadow price is a money-related worth relegated to as of now unknowable or hard to-ascertain costs...
Q: Explain the difference between long-run and short-run economic growth!
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A:
Q: When and where did modern economic growth first happen? What are the major institutional factors tha...
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Q: a. Critically compare and contrast monopoly with perfect competition and explain why monopoly output...
A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question i...
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A:
Q: John Smith deposits 1,200 Pesos at the end of each year that pays 6% interest. How much will Mr. Smi...
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A: Note: In the BNED Guidance, only the first question can be answered at a time. Resend the question i...
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Q: The demand function for apples is the following. Qn = 10 – Pn + 0.2Y +0.5 Pc – 2Ps + 0.2A Where: ...
A: The price elasticity of demand is an economic statistic that measures the increase in the quantity o...
Q: process of regulation.
A: Answer Yes, the govt. ought to regulate monopolies. Monopoly resolution results in unskillfulness th...
Q: - Consider the following economy: C = co+c1 (Y – T), I = ao + a1Y, I, = (1+s) I1, T = sl + G and Z =...
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- The rise of credit: how using credit cards became popular? at least 1500 words count
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- Describe Factors that influence the use of money vs credit cards.What are the different Credit System practices of Asia, Europe and United States?Explain the following terms elaborately involving every detail in it and provide examples/cases, if any. Banks in India - Credit Delivery:1. Legal aspects of lending. No plagiarism, I will definitely like it.
- What are the different types of deposit accounts and loans offered to customers by any one commercial Bank in Oman? How will it benefit the account holders and borrowers?What does credit tell you about the consumer culture in the 1920sDo you think it’s a good idea for high school students to have a credit card? What about college students? Adults? Explain why you feel this way.
- Which financial Market do Retail credit products e.g. Mortgage bonds, short term loans, long term loans fall intoOnly typed answer Which type of lending institute is either federal or state chartered? Credit unions Mutual savings banks Savings and loans Insurance companieswhat is the difference between Credit and Consumer credit?