Q: Question: Find The Equilibrium Quantity And Equilibrium Price Commodity Whose Supply And Demand Func...
A: The supply function is the mathematical expression of the relationship between supply and the factor...
Q: Consider the Solow growth model seen in lectures. Use n to denote population growth.
A: ANSWER the true in steady state is
Q: 1. It has been widely reported that income inequality within the US and other industrialized countri...
A: Income is defined as the disposable income of a household in a given year.Income inequality refers t...
Q: The total price of purchasing a basket of goods in the United Kingdom over four years is: year 1=£94...
A: Inflation is the rate at which prices rise over a given time period. Inflation is typically defined ...
Q: Answer if true or false. • Due to trade-off, Capital & Income has an inverse relationship.
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
Q: • The money sent home by workers who emigrate from a developing country can benefit the country as a...
A: International migration occurs when people cross state borders and stay in the host country for a se...
Q: Draw the short-run average total cost (ATC), average variable cost (AVC), and marginal cost (MC) cur...
A: Average total Cost is the total cost per unit of output. Average Variable Cost is the variable cost ...
Q: Abbott wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this year. Th...
A: Given information Ad cost=$5000000 at week 2/13/2022 Ad cost on 3/6=$800,000 Sales on 2/20=$500,00...
Q: 1. The strongest case for a rent ceiling via rent control is when . . . (a) Demand is inelastic beca...
A: A price ceiling prevents a price from rising above a certain level. Demanders outweigh supply in var...
Q: tt wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this ha Superbowl...
A: *Answer: Given information Ad cost=$5000000 at week 2/13/2022 Ad cost on 3/6=$800,000 Sales on 2/20...
Q: The crowding-out effect works through interest rates and it tends to: a.Increase the effectiveness o...
A: When government raises its expenditure on investment, it leads to a rise in the aggregate demand in ...
Q: I. Increase in interest rates causes the supply curve to shift. II. Monetary expansion causes a decr...
A: 1) Increase in the interest rate causes the supply curve to shift In the financial market interest r...
Q: • Which of the following is not typically an element in the structural change that accompanies devel...
A: The answer is - d. All of the above changes accompany development.
Q: Draw and AS-AD model of an economy suffering from unemployment. What is one fiscal policy that can b...
A: The aggregate demand curve shows the negative relationship between the price level and the total qua...
Q: Based on the "Rule of 70", a country that has a constant real per capita GDP growth rate of 2% per y...
A: According to Rule 70: Number of years to double = (70 / Annual growth rate) Note: If the annual grow...
Q: 1. How do the different branches of government work together to implement public policy?
A: As a consumer or a capital good is manufactured, cost is initiated and process of business follow up...
Q: If the economy depicted in the graph is a self-regulating economy: Price Level LRAS SRAS (P) PE AD Q...
A: The measure that depicts the total value of goods and services being produced in an economy during a...
Q: we have assumed tha the production function simultaneously has constant returns to scale and diminis...
A: The Constant returns to scale means the long run,keep adding number of input,and production is incre...
Q: u(x,y) = x + y Px=9 Py=3 U=120 Solve for hicksian demand for good x and y
A: Given Utility function: ux,y=x+y ... (1) Price of good x Px =9 and price of good Y is PY...
Q: Suppose that Akbar has consumed two goods Ice cream and apple juice. Details of MUice-cream and MUap...
A: We are going to find Utility levels for Akbar using Marginal Utility theorem to answer this question...
Q: Abbott wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this year. Th...
A: Given information First Ad cost=$5000000 at week 2/13/2022 Second Ad cost on 3/6=$800,000 Sales on 2...
Q: We say that rent stabilization creates rationing because . . . (a) Those who are in rent stabilized ...
A: Rent stabilization is a type of price control.
Q: Answer true or false • Developing countries typically have low real GDP per capita, high birth rates...
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
Q: LRAS You The long run aggregate supply (LR AS) diagramatical function is vertical because: I. The na...
A: Long run aggregate supply (LRAS) is a theoretical concept and refers to the output that an economy c...
Q: 4. Suppose the unemployment rate is 11%, the total working-age population is 110 million, and the nu...
A: Disclaimer :- as you posted multipart questions we are supposed to solve the first 3 questions only ...
Q: You own a company that produces widgets. You currently produce 100 widgets; each widget sells for $1...
A: Marginal Revenue:- It is defined as the increase in revenue value as a result of the sale of a new ...
Q: Interior solution is a necessary condition for maximizing a consumer's utility. If you believe the...
A: No, it is not a necessary condition. For example consider two goods are perfect substitutes and thei...
Q: lacroeconomics LESSON 6 ACTIVITY 42 Monetary Policy now bring together all of the pieces of the proc...
A: (A) Fed will use expansionary monetary policy to move the economy to full-employment level because t...
Q: 2. a. List the Kaldor Growth Facts.
A: Since the question you have posted consists of multiple parts, we will answer the first question for...
Q: Which of the following assets is not subject to depreciation? O Office equipment O Computer unit O F...
A: Depreciation is a process of deducting the cost of an asset over its useful life.
Q: 2. Why does the "quality/new goods bias" arise if the inflation calculated based on a fixed basket o...
A: Inflation is a proportion of the pace of rising costs of labor and products in an economy. Inflation...
Q: 2. Consider the following normal-form representation of a simultaneous game. Player 2 R Player 1 T 3...
A: Players => Player 1 & 2 Strategy Set of player 1 = { T , M } Strategy Set of player 2 = { L ...
Q: Given the two machines data Machine A Machine B First Cost P8.000.00 P14,000.00 Salvage value 2,000....
A: The net gain or loss on an investment over a specific time period represented as a percentage of the...
Q: 6. a. Consider the following sequential game.
A: Since you have posted multiple questions, we will answer the first question for you. If you want us ...
Q: Year 1 Year 2 Employment (households survey) 5,100 5,200 Labor Force 6,000 6,100 Population 10,000 1...
A: The number of unemployed people in year 1 is given as: Number of people unemployed in year 1= Labor ...
Q: The OEM company specializing in printed circuit board manufacturing has annual fixed expenses of P50...
A: Break-even point:- BEP=FCP-VC where; FC= Fixed Cost P= Price VC= Vari...
Q: Prohibiting the affordable housing lottery winners from subletting their apartments . . . (a) Essent...
A: Prohibiting the affordable housing lottery winners from subletting their apartments means to ban the...
Q: Consider a product market with three consumers X, Y and Z with demand function QX = 6 – PX, QY = 3 –...
A: Demand is an economic theory that refers to a consumer's desire to purchase goods and services as we...
Q: 1. A company wants to launch a new product. it is observed that the fixed cost of the new product is...
A: (1) D is the quantity of product produced. The fixed cost is $35,000 ------------------------------ ...
Q: A loan of P95000 is borrowed for 240 days at a simple interest rate of 12.3 percent per year. What a...
A:
Q: Indentify two of the three main types of antitrust case and gicve an example of each
A: Antitrust law are the guidelines to improve market contest inside all areas of the economy by restri...
Q: 39. Note the following figures: Net profit 2.5% Gross margin $7,000 Operating expenses $6,600 Find: ...
A: The Cost of goods sold is one of the most important component. The gross margin is calculated by ded...
Q: A start up business is considering two types of equipment - data are as follows: TYPE A TYPE B First...
A: Given that; Type A Type B Initial cost= P200,000 Initial cost= P300,000 Annual Operating Cos...
Q: When Marginal Utility is zero, Total Utility is
A: To find : What will be total utility when marginal utilities will be zero.
Q: What is the ordinary interest on P1,350.75 for 163 days at 3.5%?
A: Given information, Principal amount (P): P1,350.75 Time period (t): 163 days Interest rate (r): 3.5...
Q: (A). Define culture as it relates to international business (B). How is culture part of or influence...
A: Business when deals on the international level then it may be affected by many factors, cultural dif...
Q: Japan has run large current account surpluses for much of the past two decades, yet no one ever asks...
A: Balance of trade of a country denotes the imports and exports of the country.
Q: 2. During recessions, central banks tend to cut interest rates. You are interested in understanding ...
A: Gross domestic product (GDP): it is the overall output generated within an economy during a year. If...
Q: 3. Suppose that you are interested in answering the question of how consumption reacts to tax increa...
A: When there is a tax increase it would lead to the less consumption, as the people have less money to...
Q: In 1980, Rob's nominal wage was $10 per hour and the value of the price in 50. Rob's real wage in 19...
A: Real wage refers to the nominal wage which is adjusted for changes in inflation. It shows the purcha...
Step by step
Solved in 2 steps with 1 images
- A car was bought on an installment basis with a monthly installment of 30,000 for 60 months. If the rate is 12% compounded annually, calculate the cash price of the car. a.) 1,396,19 b.) 1,693,619 c.) 1,379,916 d.) 1,367,634 Show solution pleasr for 5 star ratingNet present value:a) is greater if cash receipts occur later rather than earlier.b) is greater if cash receipts occur earlier rather than later.c) is revenue minus fixed cost.d) is preferred over break-even analysis.e) is greater if $100 monthly payments are received in alump sum ($1,200) at the end of the year.As part of your inheritance, you received a bond that will pay interest of $700 every 6 months for 15 years. If the coupon rate is 7% per year, the face value of the bond is (a) $10,000 (b) $20,000 (c) $30,000 (d) $40,000
- State University tuition and fees can be paid using one of two plans. Early-bird: Pay total amount due one year in advance and get a 10% discount. On-time: Pay total amount due when classes start. If the cost of tuition and fees is $20,000 per year, (a) how much is paid in the early-bird plan, and (b) at an interest rate of 6% per year, what is the equivalent amount of the savings compared to paying when classes start, that is, 1 year later than the early-bird plan?The down payment for a car loan of 100,000 AED is 20%. The loan has to be repaid in 3 years. Assuming an equal yearly repayment of 30,000 AED, what is the interest rate? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.A firm is considering purchasing equipment that will reduce costs by $40,000. The equipment costs $300,000 and has a salvage value of $50,000 and a life of 7 years. The annual maintenance cost is $6,000. While not in use by the firm, the equipment can be rented to others to generate an income of $10,000 per year. If money can be invested for an 8% return, is the firm justified in buying the equipment? Solve using: Present Worth Method Rate-of-Return Method
- ABC university tuition fees can be paid by on-time payment (pay total amount due when classes start at the cost of 90,000 pesos per year) or early-bird payment (pay total amount due 1 year in advance with a 10% discount). What is the amount of the savings compared to the on-time payment at the time that the on-time payment is made?A business executive is offered a management job at Generous Electric Company, which offers him a 5-contractyear that calls for a salary of $62,000 per year, plus 600 shares of GE stock at the end of the 5 years. This executive is currently employed by Fearless Bus Company, which also has offered him a 5-year contract. It calls for a salary of $65,000, plus 100 shares of Fearless stock each year. The Fearless stock is currently worth $60 per share and pays an annual dividend of $2 per share. Assume end-of-year payments of salary and stock. Stock dividends begin one year after the stock is received. The executive believes that the value of the stock and the dividend will remain constant. If the executive considers 9% a suitable rate of return in this situation, what must the Generous Electric stock be worth per share to make the two offers equally attractive? Use the future worth analysis method in your comparison.A car financing firm offers the following scheme for an entry level Toyota Rush 2021 model: Selling Price P983,000 Down Payment Method 50% Payment Term 60 months Monthly Payment P13,057.52 What nominal rate is applied and what is the effective rate??? Include cashflow if possible
- The city council has approved the building of a new bridge over Running Water Creek. The bridge will cost $17,000 for initial construction and have an annual maintenance cost of $1,000. The council plans to withdraw money from the city’s Bridges and Highways account to open a special account to cover the initial construction and to fund a perpetuity to cover the maintenance costs forever. How much money must be withdrawn from the Bridges and Highways account if the city can expect to earn 5% on the special account? a. $1,000 b. $17,000 c. $18,000 d. $37,000.A man deposited ₱4,000 in a bank at a rate of 12% per annum from January 10,1999 to November 18,1999. Find the accumulated amount.Group of answer choices 4197.15 4497.15 4397.15 4297.15Payments of $1750 and $1600 are due four months from now and nine months from now respectively. What single payment is required to pay off the two scheduled payments today if interest is 9% and the focal date is today?