Economic costs are the sum of costs and costs O sunk; implicit O explicit; implicit O explicit; sunk O sunk; marginal

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

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A: i) Conflict of interest In a conflict of interest, a person or organization has numerous interests r...

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A: given that, principle(P) is $100 time(t) is one year rate(r) is 6 percent  

Q: Instructions: Enter your answer as a whole number. If you are entering a negative number include a m...

A: The aggregate supply is the total amount of services and commodities that firms in an economic plan ...

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A: here we find the given as follow;

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A: In every nation, governement is concerned about the economic development as it is the major part of ...

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A: Given information: Country 1:  Good t:  Yt1= At1Lt1                Yt1= 1Lt1      The marginal produ...

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A: We have given a regression equation in which 4 independent variables.  Sample size =85 SSE ( Estimat...

Q: The principle of Check and Balance in a Presidential Form of government seems to be a perfect arrang...

A: Checks and balances in the form of the government  perfect arrangement among the 3 branches (executi...

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A: In the fiscal year 2021-22 canadian deficit would be less than half of what it was in the fiscal yea...

Q: MODIFIED TRUE or FALSE. Write "T" if the given statement is TRUE, correct and valid. Write "F", if o...

A: Note:- Since we can only answer one question at a time, we'll answer first three. Please repost the ...

Q: Multiple choice - microeconomics 41) Where is the competitive firm’s short-run supply curve located...

A: During the short run, only one factor is variable and the rest of all the factors are fixed factors....

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A: We have, Tuition fees (2010-11)=$8,095 Tuition fees (2017-18)=$11,754 Years 2000 2001 2017 2018 ...

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A:

Q: Please be brief and no more than 3 sentences are expected. 1. Why economic growth differs among coun...

A: Brief and point to point explanation for both the question is as :-

Q: The price of long-distance telephone service fell from 40 cents per minute in 1996 to 22 cents per m...

A: The data given is:- Nominal price in 1996 = 40 cents   Nominal price in 1999 = 22 cents  

Q: 2. Most development economists now seem to agree that the level and rate of growth of GNI and per ca...

A: There are many factors that will describe whether an economy is developed or not. Some factors are p...

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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...

Q: What is Determinants of supply?

A: Supply: - Supply is the quantity of goods and services that the suppliers are supplying for the cons...

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A: Cost of new sewage system = $20 million Expected life = 180 years  Operating and maintenance cost = ...

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A: Both monopoly and monopolistic competitive market earn zero economic profit in the long run because ...

Q: 4. The formula in computing breakeven point per unit is to * Deduct margin of safety from budgeted s...

A: The Break-even point is the point where the total revenue of the firm equals its total cost. In othe...

Q: 3. Among the exogenous variable, which will make your IS curve shift to left? 1.2 0.8 0.6 0.4 0.2 40...

A: IS curve  shows goods market equilibrium and LM curve shows money market equilibrium . IS LM curve s...

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A:

Q: Qestion P- 16 -9 CQ) 2. C2 -992" Cn -990 a-) Find counat equilibrivm Cn) b-) Find cournot eQuilibum ...

A:

Q: Superiority of Robbins' Definition of economics is rightly called the " Superiority of Robbins' Defi...

A: Answer: Robbins dismantled the old economic structure focused on material welfare and built a new on...

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A: In international trade, countries trade with each other by exporting and importing goods and service...

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A: Profit maximiser firms decide to charge price and output determination is set when marginal cost and...

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A: When talking about union rate in Canada, there are different provinces that holds different share of...

Q: What is Determinants of supply?

A: The quantity of a good or service that providers or producers are willing to sell in the market at a...

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A: Given Pay off matrix

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A: The computers of new brands are substitutes for Dell Computers. 

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A: Given that: Q = 11 - 0.25PQ = q1 + q2TC = 4qa In Bertrand Competition with homogeneous items, the pr...

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A: Negative Externality is the coat of society because it reduces the wellbeing of society such as poll...

Q: please explain why the statements are false

A: Given: Own price elasticity of demand=0

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A: Individual motivations are overcome in favour of the collective good in solutions to prisoner's dile...

Q: In its 2021 Budget, the Canadian federal government estimated that for the fiscal year 2021-22, its ...

A: Large federal budget deficits are dangerous to the fiscal health of the Canadian federal government....

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A: A firm maximizes profit by hiring the number of workers to the point where marginal product of the i...

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A: Introduction Covid - 19 pandemic affects not only Philippines economy but it affects every economy v...

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A: The additional amount of sanitation are the amount that we are getting after spending our money whic...

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A: 21) option c is the correct answer option-c       quantity of inputs and quantity of output   Explan...

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A: It's typical to hear that the central bank "increased interest rates" or "lowered interest rates" wh...

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A: In order to promote the fairness of salaries for employees, government imposes minimum wage.

Q: GRAPH Reset Capital Goods Production Possibilities (Present) Production Possibilities (Future) 17 16...

A: Here, two production functions are given to represent current and future production of consumption a...

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A: The demand curve shows the association between the amounts of commodity demanded by the consumer at ...

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A: The measure that depicts the final value of goods and services within an economy during a specified ...

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A: This is an example of game theory where each player seeks to maximize his payoff provided the strate...

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A: The interaction between the demand for loans and the supply of savings helps in determining the real...

Q: Several members of Parliament have been greatly concerned about the fairness of salaries in the mark...

A: Minimum wage is the form of price floor which is set by the government in order to protect the emplo...

Q: Solve the problem. A beverage company works out a demand function for Its sale of soda and finds it ...

A: When the demand is inelastic, the percentage change in quantity demanded is less than percentage cha...