Excise duty is also known as

Q: :6. Utility means

A: To find : What is meaning of utility. 

Q: Question 4 Not yet answered "The employment that will be created through the investments that are be...

A: Macroeconomics and microeconomics are important aspects for a country. Aggregate demand and aggregat...

Q: Suppose an economy's production consists only of corn and soybeans. In 2010, 20 bushels of con are s...

A: Formulas: Nominal GDP = Price of the goods in current year * Quantities of the goods in current year...

Q: 1. Consider a two-period model in which you work and save in the initial period (period 0) and live ...

A: Disclaimer: Since you have posted a multi-part question, I am providing you with the answer to the f...

Q: True or false: please provide explanations to the statements that you think false 1. When prices are...

A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If y...

Q: Using the interest bearing note illustration, let us compute the: a. maturity date b. maturity value...

A: Introduction The note will mature after six months. So its maturity date will be after six months of...

Q: Cost, revenuo, Ciq) profit (dollars por yar) Rig Output (units per year) Cost, revenue, profit (doll...

A: Profit refers to total revenue after subtracting total cost from it Profit = total revenue- total co...

Q: 7. A firm encounters its 'shutdown point' when

A: To find : When do firm encounter it's shutdown point. 

Q: Suppose the world price of cotton falls substantially. The demand for labor among cotton-producing f...

A: Here, it is given that the world price of cotton has decreased due to which there will be a change i...

Q: Suppose a bond pays $10 after the first year as coupon payment, and $10 plus the face value of $200 ...

A: Given interest rate = 10 % Bond face value = 200 $ Coupon payment for 2 years = 10 $  

Q: 1. Jack, a music major, is perusing Jill's notes for her economics class, where she has written that...

A: In economics, the total revenue test is a method for deciding if demand is versatile or inelastic. I...

Q: Describe how demographers use size, density, distribution, age structure, and sex ratio of a populat...

A: By subtracting the crude mortality rate from the crude birth rate, demographers can calculate a popu...

Q: i need this in words not handwritten please rewrite it

A: Consumption when equivalent to that of investment then it will be applicable.  

Q: For the following questions, make use of provided information. Since the peak of the pandemic shutdo...

A: After the pandemic, unemployment has decreased from 15% in April 2020 to 4% in February 2022 and inf...

Q: Provide Cash Flow Diagram, solution and discussion. Subject : ME Economics   3.How much money sho...

A: Given: The withdrawal amount is = $309 for 5 years The rate of interest is = 8% per year To Find: Th...

Q: A manufacturer sells two products, A and B and had raised the prices of the two products recently to...

A: In economics, price elasticity of demand is a measure of the change in a product's consumption when ...

Q: Which of the following is not a continuous variable? Time to complete this question. Interest rate. ...

A: Continuos variable can take any value in a particular interval. Example; Weight of students in class...

Q: write about Arthur Lewis's dual-sector model of development, and how this model sheds light on the e...

A: Quantity of enterprise depends on certain factors that are important for enterprise. It would increa...

Q: 20. Each year a single payment of P1766 is deposited in an account that earns 6% compounded continuo...

A:

Q: When are you are you expecting companies to produce in the short run? A. costs equal equal revenue ...

A: A firm tends to earn positive profits when its  earned revenues can cover its total costs.

Q: shortage or surplus? Explain. 2. If the number of cases increased, what would be the resulting graph...

A: If importation fee is increased then the price of vaccination will also rise as the supplier needs t...

Q: Global communications in the information age O 0. Connect populations living at distance from home c...

A: The sharing and development of information through nonverbal and verbal messages in international se...

Q: Consider a small economy with only 2 banks, DSB and TKB, in the banking industry. Both banks have to...

A:

Q: what is relationship between saving , capital formation and consuption ?

A: Capital formation is given by the amount of investment. In a closed economy without Government inter...

Q: The ore of a gold mine in the Mountain Province contains, on the average, 2 gram of gold per ton. On...

A: Given the extraction of gold per tone = 2 gram The processing cost of first method = 1800 per ton Th...

Q: Directions: Using the table below, calculate the following requirements: 1. Growth rates of each nat...

A: Gross domestic product refers to the total market value of final goods and services that are produce...

Q: A firm that always employs two workers for each unit of capital follows which type of production fun...

A: The technological relation that exists between quantities of the output of goods and the quantities ...

Q: 2. Exercise on Stackelberg oligopoly: Consider the following duopoly. The market demand curve Q= 53 ...

A: Introduction A duopoly model has given. Market demand : Q = 53 - P Market demand for both the firm w...

Q: -. All inputs can be varied in O Short run

A: To find : When do input varies. 

Q: Suppose market demand for oil is Q(P) = 100 - 0. 75P where Q is billions of barrels (BBL)or oil per ...

A: According to the question ; Q(P) = 100 - 0.75 P MC (Q) = 7Q2 - 3Q + 6 or  Yearly Market Demand : Q =...

Q: 9. Scarcity means

A: To find: What is meaning of scarcity. 

Q: Which of the following statements is (are) problems associated with economic growth? O a. Growth of ...

A: GDP(GROSS domestic product) is the sum of value of goods and services that are produced in an econom...

Q: For the following questions, make use of provided information. Since the peak of the pandemic shutdo...

A: Increasing the interest rate would only attract customers who are willing to invest and like to incr...

Q: Which of the following will NOT shift the AD curve? Oa. O a. Changes in consumer confidence O b. Cha...

A: Aggregate demand curve is a downward sloping curve which represents a total demand of final goods an...

Q: Historically, which of the following are reasons that a large US public debt might not threaten to b...

A: An increase in US public debt might not threaten to bankrupt the Federal government on account of di...

Q: 8. A job-search model of the natural rate of unemployment This question refers to the job search mod...

A: Unemployment is the state of being able to work, actively looking for work, but unable to find any. ...

Q: (1) If you have been hired at an annual salary of $23,000 and expect to receive annual increases of ...

A: Inverse of a function is found by finding x in terms of y. 

Q: Please answer fast

A: Given the slope = 12 - 13qp = 6q = 4 a. Income = pq = Rslope = dRdq=12-13q∫dR=∫12-13qdqR = 12q - 132...

Q: O Describe the costs of expected and unexpected inflation. Discuss why expected and unexpected infla...

A: Inflation is a quantitative measure of how quickly the average price level of a basket of selected g...

Q: An examination of the production isoquants in the figure at right reveals that A. the MRTS is consta...

A: Isoquants show different combinations of two inputs that can be used to produce a given level of out...

Q: Consider the money supply Ms=mxB , m=r+1 cr+rr Assume that the demand for real money is given by the...

A: Since the question you have posted consists of multiple parts, we will answer the first two parts fo...

Q: Would a binding minimum wage increase the total wage bill (total revenue of all the workers in thi m...

A: Binding minimum wage Binding minimum wage refers to a minimum wage that is set above the equilibrium...

Q: Susan has the option to purchase eyeglasses, E, $3 each, and orange juice,O, $1 each. Her income is ...

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...

Q: Shunda is a calculator assembly company, purchase a full set of the calculator parts, assembled into...

A: Production Function is defined as the maximum output that can be produced with a given set of inputs...

Q: hile in an Inflationary period, we would use

A: The Long run Aggregate Supply curve decreases, then the price level will increase and the quantity w...

Q: Adam Smith is the thinker who is considered the founder of communism.  Group of answer choices True...

A: Communist economy: - it is that economic system where the major portion of resources in an economy i...

Q: In a duopoly, suppose that the two firms set prices independently (Bertrand model). For each firm, w...

A: Firm A's Reaction Curve : PA=30+0.25PB Firm B's Reaction Curve : PB=30+0.25PA For optimal prices, we...

Q: a) The construction of a beach-front resort has led to erosion of the seabed,  destruction of corals...

A: Please find the answer below.

Q: Q1) Supply and demand equation are given by: Qd= -2Pd +100 Qs= Ps - 5 a) Find market equilibrium? b)...

A: Equilibrium in the market is at such a price where the quantity demanded is equal to quantity suppli...

Q: 2. Consider an individual with a current wealth of $100,000 who faces the prospect of a 25% chance o...

A: Given that, Y1=$100000Y2=$80000P1=0.75     (1-0.25)P2=0.25