Q: Using Techniques Units of Variable Inputs Produce 1 unit of output K L 12 2 units of output A 14 12 ...
A: AVC the general variable value per unit of production is that the average variable value (AVC). Enti...
Q: In Oligopoly market, about prisoner dilemma, firms should corporate. T or F, explain.
A: In Oligopoly market, about prisoner dilemma, firms should corporate. - TRUE.
Q: A service car whose cash price was P540,000 was bought with a down payment of P162,000 and monthly i...
A: Price of the car = 540,000 Down payment = 162,000 monthly gusfallment = 10, 847-29 Time = 5 years co...
Q: According to consumption smoothing behaviour, which of the following is incorrect for the effects of...
A: Consumption smoothing behavior: It refers to the method under which the balance has to be created be...
Q: what is cost and revenue analysis?
A: Economics is "the sociology that concentrates on the production, circulation, and utilization of lab...
Q: Concerning the behavior of interest rates, With the help of a graph show and briefly explain what ha...
A: An interest rate lets you know how high the expense of getting is, or high the prizes are for saving...
Q: 47. The productivity of labor in a firm has decreased due to the recent retirement of many of the fi...
A: Given: The productivity of labor in a firm has decreased due to the recent retirement of many of the...
Q: (a) Define the price elasticity of demand and the income elasticity of demand. (b) Elaborate FOUR (4...
A: Price elasticity of demand is the measure of responsiveness of quantity demand of a good due to the ...
Q: What is Internal Debt?
A: Internal debt is also known as Domestic Debt
Q: Question 4 Assume pi = $2, p2 = $4, and Income = $100. Derive the utility-maximizing consumption bun...
A: Given Utility function U(x1,x2)=x1x2x1+x2 ...(1) We have p1=2 and p2=4 and income I =100 We...
Q: A small business purchased now for P50,000 will lose P9,600 each year for the first four years. An a...
A: Return on investment (ROI) is a popular financial metric for calculating the likelihood of a profit ...
Q: QUESTION 15 Suppose a unit (or sales) tax of 3£ is imposed on good x. This is equivalent to: O a. No...
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
Q: In the two-period model, if a consumer has preferences with the perfect complements property, who al...
A:
Q: Assume that the consumption function is given by C = 500 + 0.75 (Y − T). If income increases by 100,...
A: C = 500 + 0.75(Y-T) Where C is consumption Y is income T is tax ----------------- Let's find the val...
Q: 7. The vertical axis on the aggregate demand-aggregate supply model measures a. the price of the spe...
A: (Since you have asked many questions, we will solve the first one for you. If you want any specific ...
Q: Consider supply in the long run. Assume that a specific tax is imposed on a good that was previous...
A: Introduction: When all inputs are variable, the long provide is the provision of commodities out the...
Q: Why does the strategic management process take into consideration the challenging issues of globaliz...
A: Business can be primary, secondary or tertiary. Primary business is related to natural resources, wh...
Q: Suppose MPH Book Store is the only bookstore in the Kota Warisan area near XMU. Figure 3 shows the d...
A: Given; Marginal Cost; MC= 40 When MR is equal to MC, Quantity= 20
Q: supply-chain relations with the world's major coffee-producing countries. Thus, Starbucks coffee hou...
A: TR(Total revenue) is the product of p(price) and q(quantity). MR(marginal revenue) is the slope of T...
Q: sum of money as pirthday present. She decided to inw said amount on 20% exact simple ir f the accoun...
A: *Answer:
Q: Urgent Give at least 5 best example of Entrepreneurship and its value to the economy.
A: Entrepreneurship in states have seen a long history and an emerging future. There has been many inst...
Q: Suppose there are 100 identical manufacturers in a perfectly competitive industry, and the cost func...
A: Firms in perfect competition are price takers and they maximize profit by producing output at P =MC
Q: Refer to the information provided in Table 6.10 below to answer the question(s) that follow. Table 6...
A: Answer is A
Q: If a temporary increase in government spending only leads to a small decrease in lifetime wealth, No...
A: In an economy, a change in government spending is temporary and lead to a smalll change in lifetime ...
Q: 12. Wayne has $2,000 dollars to spend on Grey Cup football tickets (measured in numbers along the ho...
A: Wayne has $2,000 He wants to buy The grey cup football box office tickets and also he wants to buy o...
Q: 1. How long must a P40,000 note bearing 4% simple interest run to amount P41,350?
A: Given information: Principal amount (P): P40,000 Interest rate (r): 4% simple interest Future value...
Q: The elasticity of demand for the London Underground is estimated to be around -0.3 in the short term...
A: Given information, Price elasticity of demand: -0.3 Total number of passengers in 2018: 1,400 milli...
Q: Unemployment Question The small country of Macroland has a population of 100,000 people over the age...
A: Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts for...
Q: Assume the marginal propensity to consume is 0.8. To offset a fall in income of 1,000 the government...
A: Multiplier effect can be defined as a a change in spending leads to a much larger change in real GDP...
Q: Expansionary fiscal policy refers to (increases, decreases) in government spending or icreases, decr...
A: Expansionary fiscal policy is used to increase the aggregate demand in an economy, while contraction...
Q: LAS Price i) LAS is tht long SAS Supply cuoue E. PLe ") eurrent equili'bri SAD Mihen Sns:SAD= LAS YE...
A: i) LAS is the long run supply curve. ii) The equilibrium prevails at the point where SAS = SAD = LAS...
Q: In the liquidity trap case where the LM schedule is nearly horizontal a. both monetary and fiscal ...
A: The monetary policy is completely ineffective because the demand for money is completely/ perfectly ...
Q: Aggregate demand and supply curves have been widely used to analyze the performance of the macroecon...
A: Government uses fiscal policy to affect inflation and output in the economy. Fiscal policy refers to...
Q: Bertrand competition with differentiated goods. Firms 1,2 with demand functions Q1 = 10 – 3P1 + 2P2 ...
A: Given information Q1=10-3P1+2P2 Q2=10-3P2+2P1 MC1=6 MC=4 MR
Q: 1. Marginal cost is given by MC = 25 + 30Q – 9Q². Fixed cost is 55. Find the (a) total cost, (b) ave...
A: The firms, and businesses are the entities who are involved in the production process. The firms ten...
Q: 100 50 100 50 150 100 30 100 110 33.3 100 270
A: Total cost (TC), in economics, the total of all expenses incurred by a organization in manufacturing...
Q: Under a developing economy, an analysist assigned you to calculate the followings for the further de...
A: Value of output = Rs. 100000 Depreciation = Rs 6000 Indirect taxes = Rs 6000 Subsidies = Rs 1000 In...
Q: A firm's influence over the price of the good produced in monopoly, oligopoly, monopolistic competit...
A: The monopoly has an impact on the pricing of commodities. A monopoly's price is the market price, an...
Q: What are the various effects of high inflation
A: Inflation is the general rise in the price level of a country over a period of time. It is broad mea...
Q: QUESTION 5 • Compare and contrast the following market structures: Perfect Competition and Monopoly....
A: A) Perfect competition v/s Monopoly Market Structure Perfect competition Perfect competition incl...
Q: Question 1 Table 1 below shows Samsung's Company production for washing machine in a week. The total...
A: TR(total revenue) is the product of p(price) and q(quantity). Profit is the excess of TR over TC. In...
Q: Using separate diagrams illustrate the income and substitution effects of a price increase for an in...
A: Answer: An inferior good: A good is said to be inferior if it has an inverse relationship with incom...
Q: Q6. Construct a cash flow diagram to find the equivalent present worth of a future outflow of $50,00...
A:
Q: (1)A consumer spends $ 40 on a good at a price of $ 1 per unit and $ 60 at a price of ` 2 per unit. ...
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question s...
Q: Suppose a perfectly competitive firm's total cost curve is described as C (q) = 1, 345.60 + 20 9. As...
A: In this question we have to find out the individual SR and LR supply curve and Economics Rent with t...
Q: C= 250 + 0.75Yd G = 150 T= 200 |= 80 find the equilibrium level of income and private saving
A: Equilibrium level of income Y = C + I + G
Q: Goldbar is an energy bar firm selling in a perfectly competitive market but is considering the impac...
A: A theoretical market structure is referred to as perfect competition. There are no monopolies under ...
Q: Consider the Cobb-Douglas production function F(K, L) = Kª L where K and L denote capital and labour...
A: Given that the Cobb - Douglas production function.
Q: Assume p1 = $2, p2 = $4, and Income = $100. Derive the utility-maximizing consumption bundle for the...
A: A person's consumption bundle is a collection of all the goods and services that person consumes. ge...
Q: Consider the Cobb-Douglas production function F(K, L) = Kª L where K and L denote capital and labour...
A: Given Production function F(K,L)=KαLβ .......(1) where α and β are positive Production fun...
question attached!
Step by step
Solved in 2 steps with 2 images
