Q: 1. Are the issues on the R.A 1425 still pertinent to the present conditions of the Philippines?
A: R A is the republic act of 1425, is an act that is regarding the inclusion of certain syllabus in th...
Q: Price (dollars per bushel) Quantity demanded (bushels) 8 2,000 7 4,000 ...
A: If one takes change in price from $8 to $7 per bushel then the quantity demanded of snow peas increa...
Q: Suppose a monopoly firm with a constant marginal cost 10 faces an inverse linear demand function p =...
A: Monopoly is a single seller in the market producing unique good. This gives it market power to charg...
Q: Which of the following is most likely to accept a large wage demand? A. An international airlin...
A: Wage is determined by the labor market forces when Demand and supply for labour intersects each oth...
Q: Profit is maximum when
A: To find : Condition for profit to be maximum.
Q: Question 7 If a seller's marginal cost is MC-15+4Q, calculate the seller's total cost (TCC) of suppl...
A: Total cost (TC): - it is the sum of fixed and variable costs incurred in the production process. Mar...
Q: 8. Rank the following assets from most liquid to least liquid: a. Bank deposits b. Real estate wea...
A: In an economy, the liquidity of monetary instruments depends upon the time taken them to convert int...
Q: Consider an election contested by two candidates L & R; when L spends $x million on advertising and ...
A: Given information 2 candidates are in election L and R L pends X million on advertising campaign R s...
Q: The opportunity cost of a decision is the sum of all the foregone benefits that you'd receive from a...
A: Every choice needs a trade-off because resources are limited. Opportunity cost arises when there is ...
Q: The issues of having a positive notation on your CORI or SORI and how it might impact a career in th...
A: CORI(Criminal offender record information) or SORI(Sexual offender record information), are the list...
Q: Question 11 of 11 View Policies Current Attempt in Progress Natasha takes out a loan. The interest o...
A: At month t she owes $14000 At month t+1, she owes $14000(1+(0.09/12))=14105 After this payment is pr...
Q: The current fleet size of BlueSG in Singapore is 667 cars. With your proposed new pricing structure,...
A: Price elasticity of demand refers to the percentage change in demand due to a percentage change in p...
Q: What, if any, are features of functionalist analysis that remain relevant to our understanding of th...
A: Because it considers every part of society, how it performs, and how that helps society function, fu...
Q: 5. Consider the following information: rus = 6%, rjp = 3% Eg 90 Yen per Dollar • Fo - 103 Yen per Do...
A: Exchange Rate refers to the quantity of a currency with which a unit of another currency can be chan...
Q: For each of the following pair of goods, which good would you expect to have more price elastic dema...
A: Price elasticity of demand: It is a measurement of the change in the consumption of a product in rel...
Q: How to calculate change in quantity
A: Change in quantity means change in a specific quantity of commodity that consumers are willing and a...
Q: Suppose that a firm's marginal abatement cost function with existing technologies is MAC = 16 - 2E....
A: Given: MAC = 16 - 2E After new pollution abatement, MAC = 8 - E
Q: The following figure represents the situation before and after trade openness of a domestic country ...
A: Given the PPC for the home country, we can see that the production takes place where the value of pr...
Q: Suppose a company has fixed costs of $53,200 and variable cost per unit of 1/3x + 444 dollars, wher...
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...
Q: suppose a stock worth $50 today is equally likely to be worth $100 or $25 a year from today. What is...
A: Stock A stock that is also known as equity is a financial instrument that represents the ownership o...
Q: Describe three problems that make the consumer price index an imperfect measure of the cost of livin...
A: To find: Three problems that is reason for consumer price index an imperfect measure of cost of livi...
Q: Consider avocado trading between you and nber. Your tree grows 100 this year and 10 next year.Nber's...
A: This is due to the fact that a rate of exchange is the long term market price that corresponds to a...
Q: 1. Is adherence to a good practice and ethical principles in business activity a factor in the effec...
A: When business people manufacture a product, cost takes place for that product and process of busine...
Q: If taxes are increased, will most people save more or less than before? Does national saving rise o...
A:
Q: If Ford sells 200 Explorers for a total of $400,000 to Germany, while the United States imports 100 ...
A: Net exports= Exports - Imports Ford sales of 200 explorers to Germany is US exports and Germany's im...
Q: Which of the following is NOT an advantage of buying an existing businesses? financing opportunities...
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
Q: w does a competitive industry affect unions? A. Unions can exercise higher monopoly power. B....
A: A competitive market structure have large number of sellers selling homogenous good in the market. T...
Q: A convenience store owner in Philadelphia was worried that the implementation of the 1.5 cents per o...
A: Price elasticity of demand is a measure of degree of responsiveness of the demand for a good to ch...
Q: 1. Suppose an economy is currently in the steady state. Show in clear and well labelled labelled gra...
A: Steady-state is necessary to understand the Solow model. At the steady-state, the rate of investment...
Q: what should or should not be done to prevent school bullying?
A:
Q: $20.00 $22.00 4.20 Haircuts 2 $25.00 Hamburgers 10 4.00 4.50 DVDS 6 15.00 15.00 14.00 a. Calculate t...
A: A consumer price index is a price index, the price of a weighted average market basket of consumer g...
Q: 6. Imagine you have a quasi-linear utility function given be U=x-0.03r²+y. Please show your work on ...
A: Since we answer a maximum of 3 subparts, a-c will be answered here. Please re-upload the question me...
Q: Suppose a government program guarantees $ 2,000 a month in income, even for those who do not work at...
A: While this program may bring some people above the poverty line, this will not redefine the poverty ...
Q: Good Quantity 2017 prices 2018 prices 2019 prices A 10 1.750 KD 2.000 KD 1.750 KD B 20 2.000 KD 2.00...
A: Given: Quantity of A=10 Quantity of B=20 Quantity of Z=10 Note: Due to multiple subparts being poste...
Q: Government is often responsible for those services that private enterprises cannot or are unwilling ...
A: Public goods are those goods which are non-rivalrous and non-excludable. It means that no individual...
Q: Emma sells hand-made shawls in a perfectly competitive market for £18 per shawl. Emma’s fixed costs ...
A: Total cost (TC)= Total Fixed cost (TFC) +Total variable cost (TVC). TFC is cost associated with fixe...
Q: A company in a perfectly competitive market produces an output level Q = 100 where marginal revenue ...
A: In perfectly competitive markets firms do not have any market power so they take the price as given....
Q: If monetary policy sets R equal to 0, what is the value of consumption spending C? Answer: 11.1
A:
Q: What are four non-price determinants of demand that are assumed constant, and that when changed, cau...
A: Law of Demand states that there exists inverse relationship between price and quantity demanded of g...
Q: A farmer grows a bushel of wheat and sells it to a Miller for $20.00. The Miller turns the wheat int...
A: Since you have asked multiple subparts, we would solve the first three for you. To get the remaining...
Q: Joanna calculated that last year her income by fell by 4% and that the price of biscuits increased b...
A: Given Increase in price = 16 % Decrease in consumption = -40%
Q: a. Explain briefly what the consumer price index tries to measure? b. Describe three problems that m...
A: a) CPI or Consumer Price Index is a metric/measure that measures the average change in prices paid b...
Q: suppose a stock worth $50 today is equally likely to be worth $100 or $25 a year from today. What is...
A: Introduction Probability of becoming high stock worth and stock worth per year will be equally likel...
Q: Show how consumption and savings evolve in an economy that starts with a level of capital well above...
A: Solow Growth Model is defined as a model which solely focuses on economic growth of a nation in the ...
Q: The four statements below describe different characteristics of a monopolist, but one statement is f...
A: In a monopoly, there is a single seller and the god produced is unique so the firm has full control ...
Q: Smillions GDP at Market Prices 1,,669.4 Imports Gross Domestic Capital Formation Income accruing to ...
A: Disposable Income is such income which remain after providing tax deduction and social security char...
Q: Rose recently graduated in engineering. Her employer will give her a raise of $6500 per year if she ...
A: * SOLUTION :-
Q: 172 122 1. Complete the table above by calculating the marginal utility, the marginal utility per do...
A: total Utility is the aggregate amount of satisfaction that the consumer receives from consuming spec...
Q: In this question, I ask you to consider the market for flights from Seattle to Fresno (California). ...
A: The monopolist should aim to sell the Saturday night stay flights to the leisure travelers and the n...
Q: In the United States, grain has many uses. These include food (directly and indirectly), fuel, and e...
A: Answer:- Nature negatively affects the dirt in light of the fact that the parts effectively dry it i...
Step by step
Solved in 2 steps
- National income and domestic product must be equal. True or FalseWhich of the equations given below regarding national calculations is correct?A) GDP - Depreciations = GNPB) GDP - Depreciations = Domestic RevenueC) National Income + Net Foreign Factor Revenues = Domestic IncomeD) National Income - Personal Income = Income TaxE) GNP = Depreciation + SMHAn aggregated value is made up of many smaller values? True or False
- Differentiate between the production approach and income approach to the measurement of national income. Write the pros and cons of each method.Provide a comprehensive definition of the term, Gross National Product.What is GNP? GNP is the market value of all the final goods and services _____. A. produced within a country minus depreciation B. produced within a country C. produced anywhere in the world by the factors of production supplied by the residents of that country D. produced anywhere in the world by the factors of production supplied by the residents of that country minus exports
- Non-market production is excluded from GDP because: Question options: a) they are not priced. b) they are considered intermediate goods. c) they do not contribute to economic activity.The product approach to measuring GDP values government production at(a) market prices.(b) its cost of production.(c) its estimated value to society.(d) the total amount of taxes it collects.(e) none of the above.If gross investment in 2017 is $200 billion and depreciation in 2017 is $1000 billion, net investment in 2017 is?
