Q: What is the future worth of P600 deposited at the end of every month for 4 years if the interest rat...
A: The amount given is P600 in the economy and the interest rate is given to be 12 percent and the inte...
Q: You are the new Governor of State Bank of Pakistan after Reza Baqir. For each of the situations lis...
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for yo...
Q: Two goods have a cross-price elasticity of demand of 1.2: Would you describe the nature of goods?...
A: Cross price elasticity of demand for two goods is given as 1.2 It can be defined as the changes in t...
Q: Consider a market with two horizontally differentiated firms, X and Y. Each has a constant marginal ...
A: One of the most well-known models of oligopoly is Bertrand. Under this, the firms compete with each ...
Q: the term "prdouct" refers to physical (i.e. tangible) goods rather than services. True or False? Why...
A: Usually, the term product refers to “a thing which is produced by a labor” or “effort or it is a res...
Q: Assume that the Central Bank’s (BoG) primary goal is to correct a weak economy. How can it use open ...
A: Monetary policy refers to the set of policy measures adopted by the monetary authority, usually the ...
Q: Relate ‘price elasticity of demand’ and ‘price discrimination’ practised by a monopoly firm. Use two...
A: Hello. Since your question has multiple parts, we will solve first question for you. If you want rem...
Q: Consider a small landscaping company run by Mr. Viemeister. He is considering increasing his firm’s ...
A: Since you have posted a question with multiple sub-parts, it will be solved the first three sub-part...
Q: Assume you like to drive but dislike pollution (who says economists lackunderstanding of reality!).(...
A: The IC will be upward sloping because the consumer will have more of pollution (bad) if she/he gets ...
Q: Complete the following table. (2.5 Marks) Units TFC TVC TC AFC AV...
A: The cost refers to the expense incurred by the firms/producers manufacturing various products. They ...
Q: Salma earns $1000 divided from the stocks she has, does this happens in the market for good and serv...
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...
Q: You take $100 you had kept under your mattressand deposit it in your bank account. If this $100stays...
A: Banks keep a certain percentage of deposit as reserves and lends out the rest which increases the mo...
Q: 1.Give an example of some actionthat has both a monetary and non monetary opportunity? 2.describe an...
A: Trade-off is a situation in which quantity of some goods are given up in order to gain quantities of...
Q: Do all international financial transactions necessarily involve exchanging one nation’s distinct cur...
A: When an economy opens itself, it allows and participates in the international financial transactions...
Q: 1. market niche and focused strategies are the same thing.true or false? Explain it early and correc...
A: Niche market is a part of a larger market segment which is identified by its unique offering about t...
Q: Present your solutions neatly and orderly. 1) Assume that the inverse demand and supply function for...
A: Inverse demand function = P = 6000 / (q+50) Supply function: P = q + 10 Equilibrium where demand = s...
Q: Discuss creative destruction and the profit incentives for innovation.
A: Creative destruction and the profit incentives for innovation are two ways to increase the productiv...
Q: Do you need suppliers to be more responsive to your needs?
A: To determine: Suppliers to be more responsive to the needs of consumers.
Q: What have been the major causes of the large U.S. trade deficits in recent years? What are the major...
A: "Since you have asked multiple questions. We will answer only first question for you. If you have an...
Q: Draw and explain a production possibilities frontier for an economy that produces cheese and milk. W...
A: Because individuals have limited resources at their disposal, the problem of scarcity requires them ...
Q: Make necessary Graph Chart of Highlight definiation with labels
A: Answer: In the first case, the relationship between the two substitute goods is shown. Let the two ...
Q: In 2015, Forbes magazine listed Bill Gates, the founder of Microsoft, as the richest person in the U...
A: Bill Gates, the richest person in United States and his wealth was estimated around $76 billion in 2...
Q: Discuss three examples of important trade-offs that you face in your life.
A: Trade-off refers to the production of more than one product or service in return for making less of ...
Q: Why did president Trump oppose the TPP? Can credible references be cited with answer?
A: TPP (Trans-Pacific Partnership) is a trade deal, a 12 countries commitment which aimed to create a f...
Q: ADVANCED ANALYSIS Assume the following values for the diagrams below: Q = 12 bags. Q2 = 7 bags. Q3 =...
A: The consumer surplus (CS) depicts the prices that a typical customer is willing to pay illustrated b...
Q: 1. Which of the following would cause the demand curve to shift to the right? A. The price of a comp...
A: The demand (dd) curve change its position if the factors other than the price of a particular goods ...
Q: Soon after his election in 1992, President Clinton proposed reducing government spending and increas...
A: 1) President Clinton proposed reducing government spending and increasing taxes which will reduce sp...
Q: Note that the two terms in the Product Rule correspond to the separate effects of increasing the num...
A:
Q: Suppose the following demand and supply function of a commodity. ...
A: Suppose the following demand and supply function of a commodity. Qd = 55 - 5P Qs = -50 + 10P A...
Q: At its best possible output level, a firm has total revenue of Rs. 7000 per day and total cost of Rs...
A: Total revenue of the firm = Rs 7000 Total cost of the firm = Rs 14000
Q: A meal at a McDonald’s restaurant in New York costs $8. The identical meal at a McDonald’s restauran...
A: The Purchasing power parity (PPP) theory is an important international economic theory as it determi...
Q: Suppose the following demand and supply function of a commodity. Qd = 55 - 5P Qs = -50 + 10P After ...
A: Given that Before the imposition of tax: Demand: Qd = 55 - 5P Supply: Qs = -50 + 10P ...
Q: Economics Question
A: 1. Optimal level of production is determined at the point where, MB=MC Thus, the condition for the o...
Q: Hi, what is the answer and how you got it? A recently hired chief executive officer wants to reduce ...
A: The investment amount = $82000 Annual investment for four years = $52000 Interest rate = 12% Time pe...
Q: I deposited Rs. 3 million of my money in a Habib Bank Limited, State Bank of Pakistan: Required rate...
A: RRR(Required rate of reserve ratio) is the minimum or least amount that the banks(commercial) need t...
Q: how does college education increase ones human capitatail
A: Human capital is the stock of skills, knowledge, and social attributes that can influence a person's...
Q: Choose correct option and explain it correctly. Note:-not copy paste anything from anywhere
A: Excise Tax: Excise taxes are internal taxes levied on selling specific goods and services, such as ...
Q: Please do all of number 2 if possible. If not, just the first few please
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...
Q: why would divisionof labor without trade not work?
A: Division of labor refers to the assignment of different parts of processes or task to different peop...
Q: Which is an example of complementary goods? A. laptops and shampoo B. margarine and butter C. Coca-C...
A: Complementary goods are those goods that have inverse relation that is when price of one good increa...
Q: 5. Finding the interest rate and the number of years The future value and present value equation...
A: FV (Future value) means the present assets at a date in future depended on a presumed growth rate. T...
Q: What will happen if there is no scarcity? Explain.
A: Scarcity is the basic problem of economic and it refers to the gap between the scarce – resources an...
Q: Find gdp and nnp
A: Gross domestic product (GDP) is the value of all goods and services produced domestically in the cou...
Q: In the economy of Kwartengland, the following figures are given for economic activity which was unde...
A: A fiscal multiplier is the ratio of the change in national income with respect to a change in a fisc...
Q: Q) Which statement below is true of ONLY fiscal policy? Uses government expenditures to create dem...
A: Fiscal policy refers to the process by which the government adjusts its revenue, expenditure, and ta...
Define mutually exclusive alternatives,
Mutually exclusive in general refers to the two or more items that are independent, i.e. one of the items does not affect the other items in any aspect. In probability, mutually exclusive events refer to the situation when one event rules out the happening of the other event or does not or cannot occur at the time of the other event.
Step by step
Solved in 2 steps
- How can we determine whether the project is acceptable or not?Q. 2 (PLEASE DO THIS IN EXCEL) Hannah Byers and Kathleen Taylor are considering the possibility of teaching swimming to kids during the summer. A local swim club opens its pool at noon each day, so it is available to rent during the morning. The cost of renting the pool during the 10-week period for which Hannah and Kathleen would need it is $1,700. The pool would also charge Hannah and Kathleen an admission, towel service, and life guarding fee of $7 per student, and Hannah and Kathleen estimate an additional $5 cost per student to hire several assistants. Hannah and Kathleen plan to charge $75 per student for the 10-week swimming class. a. How many students do Hannah and Kathleen need to enroll in their class to break-even? b. If Hannah and Kathleen want to make a profit of $5000 for the summer, how many students do they need to enroll? c. Hannah and Kathleen estimate that they might not be able to enroll more than 60 students. If they enroll this many students, how much would…Assume you must choose between two mutually exclusive alternatives: A or B. The explicit benefityou receive from alternative A, bA, is equal to $100. And, the explicit cost of choosing alternative A,cA, is $80. Also, the explicit benefit to choosing alternative B, bB, is $120.
- Give explanation of the correct option and explanation of the incorrect options Hand written solutions are strictly prohibited. No answer from Chat GPT will dislike.Derive mathematically the Hotelling rule for the optimal extraction of a non-renewable resource. Discuss the meaning of the rule and its practical application.Daniel Mathews a footballer who is based in Sweden received a fine of $2 500 and a two-match suspension for use of performance-enhancing drugs. Daniel receives a match fee of $5 000 per match from the Sweden Footballers Board, plus additional appearance money of $10 000 per match from Adidas. He also pays $500 per match for comprehensive insurance against injury. In opportunity cost terms, the cost of this incident for Daniel Mathews is: a) $17 500 b) $14 000 c) $31 500 d) $14 000.