Explain how markets can allocate resources in a way that they go to those who value them the most.

Q: The OEM company specializing in printed circuit board manufacturing has annual fixed expenses of P50...

A: Given information, Annual fixed cost: P500,000,000 Variable cost per board: P1,400 Selling price pe...

Q: Year 1 Year 2 Employment (households survey) 5,100 5,200 Labor Force 6,000 6,100 Population 10,000 1...

A: We know that the labor force is the sum of employed people and unemployed people Labor force=Employe...

Q: What term describes the remaining level of unemployment that occurs even when the economy is healthy...

A: Unemployment means people are actively looking for job but they are not able to find the job at prev...

Q: The demand function for FreshFood Exclusive Brand's product is D = 80 - 2p , where D is the number o...

A: Demand function D = 80 -2p => p = (80 -D)/2 => p = 40 - 0.5D ------------------ Total revenue ...

Q: 61. Productivity of land can be raised by A. O Extensive cultivation B. O Intensive cultivation C. O...

A: Increasing productivity of land is very essential for the better production of various crops in it. ...

Q: In the 1920s, employers embraced the American Plan because A) it promoted the creation of a workplac...

A: To govern the workplace, enhance production, and avoid unionisation, the American Plan integrated te...

Q: Answer if TRUE OR FALSE • Population growth rate has a major effect/impact on the economy of the nat...

A: In a country, population refers to the number of people living in the country and earning their live...

Q: For K > 0 andL > 0, the production function F(K,L) = 2KL + K has a. increasing returns to scale b. d...

A: It has given that, K > 0 and L > 0 Now,F(K,L)=2KL+KAs K>0 and L>0lets assume K=2 and L=2...

Q: A firm used $1,900 worth of peanuts and $100 worth of salt to produce peanut butter. This required c...

A: In value added method, revenue – costs provides value that the firm added in the process  

Q: Part A Assume that m the required reserve ratio is 10 percent of checkable deposits and banks lend o...

A: Dear student, you have asked multiple sub-part questions in a single post. In such a case, I will be...

Q: RO L(R,Y) Ms/P L1 a) Based on the graph above, discuss what would happen to the interest rate starti...

A: (Since you have a posted a question with multiple sub-parts, we will solve the first three sub-part ...

Q: What is a real life example of what is happening at the 'cross' of the 'X', or where the labor deman...

A: The market supply of labor is the number of workers of a particular type and skill level who are wil...

Q: A. The price of gasoline increases from 16 per barrel to 30 per barrel and as a result, the demand p...

A: Arc Elasticity Formula: [(Q2-Q1)/Midpoint of Q]/[(P2-P1)/Midpoint of P] If the cross elasticity is n...

Q: Fill in the blanks: ndicate whether the following statement is a positive or normative statement: Th...

A: Positive statements are those statements based on facts, actual data. The validity of these statemen...

Q: Given the two machines' data Machine A Machine B First Cost P8,000.00 P14,000.00 Salvage value Annua...

A: Answer:     Given Data      Two machines data A and B       money worth at least 16%       using equ...

Q: Abbott wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this year. Th...

A: Given information First Ad cost=$5000000 at week 2/13/2022 Second Ad cost on 3/6=$800,000 Sales on 2...

Q: Suppose that the annual maintenance cost of a public park is $40,000. The park has no entrance fee a...

A: Total cost is the summation of total variable cost and total fixed cost. Total fixed cost is the cos...

Q: 3. Annual deposits were made in a fund earning 10% per annum. The first deposit was Php 20,000 and e...

A: * SOLUTION :-  (3)      

Q: In your own words, Explain what is BJMP. Write in 200 words.

A: BJMP is known as Bureau of Jail Management and Penology which is a Department of the Interior and do...

Q: Respond succinctly and precisely to each of the following scenarios. Hint: these are beginning with ...

A: Here, it is given that Brazil's currency appreciates against European Union's currency, that is euro...

Q: Compute the risk premium of the following lottery assuming that u(x) = vx (16, 0.25; 4, 0.75)

A: We are going to find Risk Premium using Certainty equivalent to answer this question.

Q: If the fixed cost of production is $100, then output will be 9 units (enter your response using an i...

A: Difference between total revenue and total cost is the profit of a firm. 

Q: An investment of P100,000 is expected to yield a regular annual net income of P25,000 per year for 1...

A: Given that: Benefit = 25000Investment, or P = 100000n = 10i = 10%

Q: . Consider the following sequential game. Player 1 A B Player 2 Player 1 a Player 2, (4) () i. Deter...

A: Given game is sequential game that means by observing the action of player 1 player 2 plays the stra...

Q: The TopCar Industries manufactures and sells car components. The current annual sales volume is 500,...

A: Given; Annual sales= 500000 pieces Price= P0.50 Annual fixed expenses amount= P80,000  

Q: For the same demand function as above, i.e., 3P, + 5Q, = 120, calculate Q; att = 5. Assume that %3D ...

A: Introduction demand function can be written as 5 Qt = 120 - 3 Pt we have to calculate it for t = 5, ...

Q: What forces may be at work in giving the Millennium Development Goals such a high profile in interna...

A: There are 8 goals that can be considered under millennium development goals: 1- Reduction of poverty...

Q: The OEM company specializing in printed circuit board manufacturing has annual fixed expenses of P50...

A: The Break-even point is the point at which the price is charged where the total revenue equals the t...

Q: Consider the following total cost function: TC = 1500 + 300Q -3602 + 203 What is the quantity that m...

A: In order to find the quantity at which Marginal Cost is minimised, we will first find the MC functio...

Q: Which of the following is not a requirement for increased growth? a. Capital expenditure b. Increase...

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

Q: Suppose that, in a competitive market without government regulations, the equilibrium price of hambu...

A: Given that the equilibrium price is $7 and we have to state that whether it's price ceiling or price...

Q: If house holds decide to save a larger portion of thier income, what effect would this have on the o...

A: The recompense that a factor of production receives for his services is referred to as income. Rent,...

Q: Based on your understanding of Economic Value per Lead, explain which of the below mentioned channel...

A: Profit is the difference between total revenue and total cost. Total revenue is the revenue that is ...

Q: Mary deposits $3,000 into a bank account that pays an annual interest rate of 10%. After 3 years, sh...

A: In an inflationary economy, unevenly growing prices eventually diminish some customers' purchasing p...

Q: If Slovenia exports cloth, then if it increases its production of cloth due to economic growth biase...

A: The correct answer is E. High production of export goods will reduce the price of it in the world ma...

Q: Abbott wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this year. Th...

A: Given, The Ad Cost : $5,000,000 at week 2/13/2022The Ad Cost on 3/6 : $800,000Sales on 2/20 : $500,0...

Q: Techiefy Co. wants to launch a new product. it is observed that the fixed cost of the new product is...

A: We have, Fixed cost => $35,000 Variable cost => $500 per unit Cost function, C(x) => 35000+...

Q: Match the following situation to the best description in the pull-down menu: As the price of a good ...

A: (1) The supply curve depicts the direct relationship between the price of a good and the quantity su...

Q: For a 20-year geometric cash flow progression increasing at 2% per year, the first-year amount is P1...

A: Future worth is used to determine the value of an asset in the future.

Q: Derive the complete expression for Firm 1's residual demand given that the other firm supplies accor...

A: There are two firms in the market where market demand is Q = 100 - p  and Supply function of each fi...

Q: A pharmaceutical company that manufactures ascorbic acid tablets is investigating two produ options ...

A: Cash flow is the movement of money in and out of a company. Cash received signifies inflows, and cas...

Q: What is the source of DWL? What is the recipe for finding the area of consumer surplus (CS)? Hint: y...

A: DWL stands for deadweight loss. Consumer Surplus is the difference between what the consumer is will...

Q: For these examples you will be looking at the hamburger (a normal good) market. Identify the delermi...

A: Normal goods refer to those goods which show the positive relationship between income and demand for...

Q: The partial data in the table below are for the economy of Arinaka. Planned investment, government s...

A:

Q: If an economy is in recession, discuss the differing effects created by a tax cut vs. a GDP-G increa...

A: In an economy, recession refers to the market condition when firms and households make lesser econom...

Q: Refer to Figure 10.2. Which line represents earnings? Goods Next Year 360 275 110 100 120 140 Goods ...

A: The budget line is defined as all combinations of two commodities that are affordable by the custome...

Q: Techiefy Co. wants to launch a new product. It is observed that the fixed cost of the new product is...

A:

Q: A downtown bar serves a drink that UCSB students love. The profit-maximizing owner knows that any gi...

A: Total surplus is the summation of consumer surplus and producer surplus. Consumer surplus is the are...

Q: For how long would P1,000,000 have to be invested at 5% simple interest for it to double its value? ...

A: Given; Principal amount; P= P1,000,000 Interest rate; r= 5% Future value; A=2P                      ...

Q: Archer Daniels Midland (ADM) and Cargill are the biggest makers of high-fructose corn syrup (HFCS), ...

A: