Do you think that higher education in engineering should receive a greater government subsidy compared to, say, higher education in history?

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A: The answer is as follows:-

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A: *Answer:

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A: Answer -

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A: Current account:- it is a record of a country's transactions of goods and services, net earnings on…

Q: Assignment 5 • Given the Utility Function: • U = u(q1, 42), where u(q1 , 92) = aq a? „Y • (a) Derive…

A: Given  u(q1, q2)=aq1ϕq2γ        .... (1) Let the price of good 1 is p1 and the price of good 2 is…

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A: Answer is given below

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A: PLEASE FIND THE ANSWER BELOW.

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A: Since you have asked multiple question, we will solve the first question for you. If you want any…

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A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

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A: Equilibrium in the goods and services market is reached at the intersection of AD and AS curves.

Q: Questión 4 Consider providing electricity to a home which needs 10 kW of power by the two options &…

A: For Annual Cost basis of comparison we derive the annuity of the net cash flow of the costs of two…

Q: (Butterworth) Mrs. Butterworth Maple Syrup budgets its marketing efforts using competitive parity.…

A: The current market share and share of voice are both 42%. Mrs. Butterworth wants to increase the…

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A: Given: Data set 1 Data set 2 Data set 3 20 49 18 22 50 19 25 55 20 32 55 22 35 60 25…

Q: A A A 3 18 19 956k A = a5ob00 (e, L6*%, 20) 0.06 (1-06)20 = asboo8 20

A: Solution given below,

Q: If a firm shuts down, it A) makes zero economic profit. B) incurs an economic loss equal to its…

A: Fixed cost is the cost that remains same at all levels of output. It does not depend on output.

Q: Question 18 Assume two gas stations, Speedy Gas and Quick Fuel, control the market for gasoline at a…

A: Since you have posted multiple subparts as per the guidelines we can solve only first 3 subparts

Q: How does perfect competition lead to allocative and productive efficiency? Perfect competition leads…

A: The correct answer is given in the second step.

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A: Insurance is a policy, addressed by an arrangement, where an individual or substance gets monetary…

Q: a) define marginal utility. Explain the law of marginal utility with a diagram.

A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Discounting in the life cycle costing method of economic evaluation:

A: Below is the formula that is used to find the Preset value: PV = FV1+rnPV = Present valueFV = Future…

Q: 1. A furniture store sold picnic chair for $22.95 during a promotional sale. The store bought the…

A: Cost of coffee maker = $36 less 40% and 15%   Now the actual cost = 85% of (60% of 36) = $18.36…

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Q: Suppose expected future short rates and the liquidity premiums are given by the following:…

A: We have given E(r1)=1%E(r2)=2%E(r3)=3%and liquidity premium=(2t+1)%

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A: Here, it is given that the country is experiencing the undervalue of the exchange rate in the…

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A: The environmental impact is calculated using the formula  I = PAT

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A: PLEASE FIND THE ANSWER BELOW.

Q: 12 Investment Demand $75 150 225 Investment ($) $50 100 150 Investment (5) AS AD, ($150) Qua ntity…

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A: Introduction  a its answer is a) 0.67 Given function: f(s) = $ 15 s + $ 11E (Lq) it attains its…

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A: Economic Productivity The number of items and services produced in a certain period is called output…

Q: Which of the following is not an assumption of indifference curve? Indifference curves tend to be…

A: Indifference curve shows different combinations of two goods that give same level of utility.

Q: Suppose the economy's production function is Y = AKO.3NO.7. If K=2000, N = 100, and A = 1, then…

A: Production Function, Y = AK0.3 N0.7K = 2000N = 100A = 1Y = 246

Q: P ($) Supply 100 90 80 70 60 50 Social benefit 40 30 20 10 Demand 0 5 10 15 20 25 30 35 40 45 50…

A: The figure shows that there is a presence of positive externality in the market.

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A: PLEASE FIND THE ANSWER BELOW.

Q: If climate change impacts​ (e.g., increased heat​ waves, droughts,​ wildfires, etc.) decrease the​…

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Q: Find the mixed-strategy Nash equilibria of the following game: Player 2 R T 1, 4 4, 3 Player 1 C 2,0…

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A: Answer -

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A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: As the manager at a local florist, you supervise two employees, Anita and Jerome. There are two…

A: Part-a) In terms of floral arrangements, Jerome has a comparative advantage. Jerome is a low-cost…

Q: What is the present worth of 5 payments of $700 if the interest rate is 5% and the first payment…

A: Present worth means the current value of an amount of money expected in the future.

Q: Suppose X is an inferior good and the price of X rises Select one: O a The IE will be larger than…

A: Whenever price falls, there will be both substitution and income effect due to price fall.

Q: 80 7아 60 50 40 30 20아 10 10 20 30 40 50 60 70 80 90 100 25. George Johnson recently inherited a…

A:

Q: Over the past year (from 1 year ago to today), the inflation rate was 4.31%, the risk-free rate was…

A: The correct answer is given in the second step.

Q: Unexpected Inflation Phillips curve Region 0% Region 0% Output gap In Region B, any positive…

A: Short run Philips curve shows inverse relationship between inflation and unemployment.

Q: On the standard Phillips curve diagram, why do both the Y axis (unexpected inflation) and the X axis…

A: A.W Phillips developed the concept of Phillips curve. This curve says that there is an inverse…