Discuss advantages and disadvantages of monopoly and perfect competition market structures. Would a monopolist increase society's economic welfare ?

Q: What are five areas of core content that should be included in an international business plan?

A: To make an international business plan is a tough deal as one have to study many aspects. The differ...

Q: A good is nonexcludable if A. when you pay for the good, you are guaranteed to be the sole consumer....

A: A good can have two properties, excludability and rivalry. A public good is both rival and excludabl...

Q: 80-D The demand function for a product marketed by a company is p = 4 where D is the number of units...

A: GIVEN   The demand function for a product marketed by a company is p = (80-D) / 4 where D is the nu...

Q: 5. Mr. Jo needs P 4,000,000 immediately to pay for a new home. Having insufficient fund for this, he...

A: Given: Amount required immediately=P 40,00,000 Borrowed amount=P 20,00,000 Repayment of loan=every s...

Q: It is a common practice in lending companies that the interest is deducted at the time money is borr...

A: Given: Loan amount=P 50000 Interest rate=16% Amount received=P 42000 At the end of year, amount=P 50...

Q: Under a fixed exchange rate system (A)_ would be an exogenous monetary policy instrument, whereas un...

A: An international exchange rate, also said as a foreign exchange rate. It is the price of a currency ...

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: What is L? * O Normal Good O Inferior Good

A: a) The table in the question shows the various income levels and quantity of the good demanded. It a...

Q: Suppose that a consumer cannot vary hours of work as he or she chooses. In particular, he or she mus...

A: Unemployment insurance is the compensation given to people who are not working until they get the wo...

Q: You want to establish your own business and are thinking about releasing a new product. Customers wi...

A: Profit = TR - TC Breakeven occurs if the profit is 0 and TR=TC   

Q: Graphically, when is the balance of trade equal to zero? Multiple Choice   When the rising IM line ...

A: Export (X) remains constant at each level of GDP level.  Hence, the Export (X) curve is horizontal i...

Q: In the Cost Minimization Problem, the isoquant curve for an output level equal to the output quota? ...

A: Isoquant shows the combinations of labor and capital they are used to produce certain level of outpu...

Q: If the Federal Reserve sells government bonds, show what will happen to this graph. Explain the effe...

A: According to the question, the Federal Reserve sells government bonds.  When required reserve rate d...

Q: 5. A manufacturing plant installed a new boiler at a total cost of PhP 250,000 and is estimated to h...

A: In this case , you have to find out the value of actual depreciation amount at present with actual m...

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: A sample of 60 observations will be taken from an infinite population. The population proportion equ...

A: Given that, Sample observations (n ) = 60 population proportion  (p) = 0.85  

Q: O Suppose a and I play the game twice Xesune mixed otratojes (ran domi zing ameny the three artims) ...

A: Introduction: Strategy might as an alternative be represented as information of the aims, the uncert...

Q: 3.) Find the cash price of a generator which was bought in installment basis that requires a down pa...

A: Note : You have posted multiple questions. As per the Bartleby guidelines, we are allowed to answer ...

Q: You are the manager of College Co required by the local university. Ov. is not the only firm that bu...

A: Every one of the monopolistic competitive firm would follow its benefit expanding condition independ...

Q: 2. In the presence of complementarities the economy may get stuck in a low-level equilibrium trap wh...

A: This is a situation when all the firms existing in the market fail to coordinate with one another. H...

Q: Describe Inflation and how it is measured? Ascertain the Fiscal and Monetary policies that are gener...

A: Inflation is defined as the rise in the average price level of commodities and services in the econo...

Q: Comparison of the share of the total income in a society that different groups receive measures: ele...

A: The answer is - income inequality.

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: Are Hospital and Outpatient Care Substitutes or Complements? gnitude. rospect to be far off the targ...

A: The RAND Corporation focused on determining whether inpatient and outpatient care are complementary ...

Q: The two largest cigarette producers are Phillip Morris and R. J. Reynolds. Both are considering whet...

A: All relevant elements that may affect the development, regulatory approval, or commercialization of ...

Q: Explain the contributions of entrepreneurship in economic development

A: The entrepreneur is defined as someone who has the ability and desires to create, manage, and succee...

Q: Macroeconomists are interested in two types of phenomena: economic growth and business cycles. Expla...

A: Macroeconomists are interested in two types of phenomena: economic growth and business cycles. This ...

Q: Which of the following best describe the physician-hospital relationship in most American hospitals?...

A: In the American economy, healthcare system has improved over the time to maintain the health of the ...

Q: If the income effect is smaller than the substitution effect following a change in productivity, var...

A: Income effect is the effect of change in income on the purchasing decisions or consumption. If the i...

Q: Exercises: • What are the benefits of registering a business? Comparison be limited company and limi...

A: India has the world's 2nd highest number of unregistered enterprises, with an estimate 127 unregiste...

Q: If the league was ruled a single-entity which of the following would be true?     The league would...

A: The operating unit for which financial information is in turn being reported is known as a single en...

Q: Mortgage pools that are generally broken up into tranches, repackaged, and marketed to investors as ...

A: A mortgage refers to the credit that is for  buying or maintaining a home, land, or other piece of r...

Q: The late 19th century city was often dense, crowded, and dirty. This often led to disease and someti...

A: Industrialization was the rapid growth period of the economies because, under the industrial revolut...

Q: The chapter "Contemporary Models of Development and Underdevelopment" discusses some “trap” issues f...

A: Development economics deals with the branch of economics which focuses on improving fiscal, economic...

Q: Because education generates a positive externality, ..... O A. subsidies to colleges or vouchers to ...

A: A positive externality occurs when the production of goods and services indirectly benefits a third ...

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 perfectly competitive market, please compare the short run and long run prices in an increasing...

A: Perfect competition refers to the market structure where there are a large of number of buyers and s...

Q: At 5% interest rate, how much should you invest today to be able to withdraw ₱ 3,199 annually for 7 ...

A:

Q: Savers Surplus Spending Units (SSU) provide funds with the expectation of earning profit. * True or ...

A: Savers Surplus Spending Units (SSU) provide funds with the expectation of earning profit. - TRUE

Q: Which of the following is not a potential problem for a cartel. Multiple Choice Cartel members cheat...

A: The market that is being depicted by a small number of firms who tend to realize that they are inter...

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

A:

Q: If the inflation rate is 8% and cost of money is 12%, what interest rate will take care of the infla...

A: "Answer:   

Q: When a rational individual elects to save a portion of his/her disposable income then what does that...

A: Disposable income is the amount of money available to an individual or household to spend or save af...

Q: Imposing a sales tax on sellers of a product has an effect that is similar to which of the following...

A: Implementation of sales tax on the sellers will affect the supply of the goods.

Q: In a small economy the disposable income, consumption, and saving in some country are $200 billion, ...

A: Marginal Propensity to Consume is the proportion of an increase in income that gets spent on consump...

Q: 11. An amount of P 250,000 is now deposited into a savings account that earns 12% compounded continu...

A: Given: Initial amount=P250,000 Interest rate=12% compounded continuously Number of years=5 Withdrawa...

Q: Is there a role for government in reducing the negativeeffects of dual employment

A: Dual employment refers to a situation when an individual is engaged with two jobs at the same time. ...

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

A: The total cost of the project which included cost of the construction and maintenance and repair of ...

Q: Why is the demand curve facing a firm in an imperfectly competitive industry downward sloping? What ...

A: Any economic market that does not meet the rigorous assumptions of a hypothetical perfectly competit...

Q: In the following situation, indicate whether the physician's discriminatory action is taste-based or...

A: A white hiring manager who despises Black people may choose a less qualified white candidate over a ...