Q: 12. The different prices. prohibits businesses from selling the same product to different people at
A: Sometimes, sellers charge different prices for the same product from different consumers, which is…
Q: a) Draw the demand process cycle and label it fully. b) A door company has the following materials…
A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…
Q: The following information applies to questions 1-6. Suppose we have the following information for…
A: At equilibrium level of income (output), aggregate demand in the economy is equal to the aggregate…
Q: Match the correct answers based on the cash flow diagram shown below: 0 1 2 3 4 5 6 7 $50 $50 $50…
A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…
Q: Consider two standard Keynesian models. In Model 1, there are two types of consumers, Type A, who…
A: Keynesian model: It refers to the economic theory which is related to the total spending of the…
Q: True or False? 1. When total profit is maximized, marginal profit is equal to zero. Similarly, when…
A: Total profit is given as the difference between total revenue and total cost . Profit Is…
Q: Which of the following policies could a relatively poor developing country adopt to promote economic…
A: Poor developing countries are the one that have lack of resources or knowledge and trying to improve…
Q: PRICE (Dollar: 15 10 5 0 AVC MC 0 2 4 6 8 10 12 14 16 18 20 QUANTITY (Thousands of shirts per day)…
A: The equilibrium condition for the competitive firm is MR=MC. In the above diagram, we can see that…
Q: true or false & why Russia demands payment in the rouble, which is Russia’s currency, for Russian…
A: Currency is a kind of payment that may be utilized for the purchasing and selling of goods and…
Q: Which of the following factors is most important determining short-run foreign exchange rates ? O A.…
A: Exchange rates are the rates at which one currency is exchange with the other for the purpose of…
Q: Which of the following WOULD be counted in GDP? Baking a cake for a family gathering Buying some…
A: The answer is - Paying a local kid cash to cut your grass
Q: wo garden centres, Grass and Shrubs, sell a similar range of plant pots, plants and plant food. Both…
A: Each firm has two actions which are: Discount, No Discount. Hence we draw the Payoff matrix and then…
Q: In a six-firm market, if all firms charge the monopoly price, the per-period industry profit equals…
A: In economics, a monopoly is described as a market structure in which there is only one vendor for a…
Q: Use the orange points (square symbol) to plot the initial short-run industry supply curve when there…
A: Price Quantity 20 firms 30 firms 40 firms 10 10 200 300 400 15 15 300 450 600 30 20 400 600…
Q: The demand equations for the related products A and B are given by: 9A 30 PB (PA) 9B = 50 PA (PB)…
A:
Q: 2. If a $580 billion initial increase in spending leads to a $10850 billion change in real GDP. how…
A: In monetary perspectives, a money multiplier is one of various immovably related extents of business…
Q: The Break-even point also becomes the national income equilibrium point when: Saving = zero.…
A: Actually in easy word we can say that the break even point denotes the amount of the actual revenue…
Q: The buyer of a certain machine may pay either a $2,000 cash down payment and $2,500 annually for the…
A: First method: Down payment = $2000 Annual payment for 6 years = $2500 Interest rates = 12% To find…
Q: Differentiate an Internal Rate of return with that of an External Rate of Return.
A: The internal rate of return ( or IRR) is a measurement utilized in monetary examination to gauge the…
Q: Naked Economics: Undressing the Dismal Science Book by Charles Wheelan Please refer to the chapter…
A: Answer: Inflation refers to the increase in the general price level in the economy. During…
Q: Suppose that the government budget is balanced (balanced-budget) in the context of the Keynesian…
A: Here, it is given that the economy has a balanced government budget according to Keynesian model.
Q: In a situation of declining GDP, rising unemployment, and a budget that already has a small deficit,…
A: GDP refers to the measure of the welfare of the economy where it is the value of all the finished…
Q: Suppose mers (or types the willingness to pay vice or a bur Assume the selling one more service to a…
A: 1. 1) profit from selling at separate prices = 410 = (140*2) + (130*1) = 280+130 = 410
Q: Is it possible or even desirable for strategic planning for project management to include ways to…
A: Strategic planning This process entails determining the order in which those goals should be…
Q: An investment of $20,000 in new equipment will generate income of $7000 per year for 3 years, at…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
Q: Q4. The Bank can influence interest rates and the money supply through the following means: The…
A: a) Target overnight rate:- Overnight loans was created to assist banking institutions in obtaining…
Q: it's the cost of the Market Basket in the Bay Europe of 16 is $620 in a CPI in 2017 was 104.6, what…
A: We are going to define inflation rate to answer this question.
Q: 4-44 For a 10% interest rate, compute the value of n for the figure below. A = 1 11.11 n = ? F =…
A:
Q: You want to purchase a new widescreen HDTV, but you don't have sufficient money(capital). You could…
A: Note: We will be able to answer one question as the exact one was not specified. Please resubmit a…
Q: "Z" earns price "Z" earns $3 million $1 million ("Z") "W" earns "W" earns $1 million $2 million Low…
A: In the oligopoly market, the firms have massively interdependent. Action of one firm decides the…
Q: Following a real GDP - trough; increases trough; decreases peak; increases Otrough; decreases for…
A: Answer: Trough: it refers to the lowest point of declining business activities. After the trough,…
Q: 24) In the simple Keynesian model, if there is an autonomous investme falls by $20 billion and the…
A: The investment is the summation of induced investment and autonomous investment. The autonomous…
Q: There are two firms, each having the option of polluting during production or cleaning up its…
A: Environmental Degradation refers to the situation where due to the emissions of pollutants from…
Q: Explain how the increase in government expenditure affects the currency value. Explain in 500 Words.
A: Introduction Increased government spending, as per Keynesian economics, boosts aggregate demand and…
Q: A firm finds that its price elasticity of demand is 4.0. Currently, the firm is selling 2000 units…
A: Price elasticity of demand studies what percentage of demand will change when there is a change in…
Q: For the study period approach, Select one: O a. the cash flows that occurs beyond the study period…
A: Introduction this topic is related Research approch
Q: Give an example of a positive externality and an example of a negative externality. Be sure to…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Consider the market for oranges. What happens when fewer Visas for temporary workers reduces the…
A: The curve that depicts various quantities of goods and services being supplied at different price…
Q: The interest rate effect states that as the aggregate price level decreases, all else equal, people…
A: Interest rate effect explains the negative slope of aggregate demand.
Q: To earn extra money in the summer, you grow tomatoes and sell them at a compost to your garden, you…
A: Use the below formula to fill the table: Additional pounds of tomatoes = Pounds of tomatoes at n…
Q: satisfaction that we get from the consumption of goods and services is called utility. Use a utility…
A: Utility graph shows the total utility with the consumption of the units consumed.
Q: 3) Would the world economy be better off with just one currency? Why or why not?
A: When talking about the use of single currency in the world, it is the situation when all the…
Q: II. Pick any two (2) personal care product brands available in the market and answer the following…
A: I have chosen Colgate and Pantene shampoo as two personal care products brand available in the…
Q: A construction firm needs a new small loader. It can be purchased for $20,000. The firm expects the…
A: Given information: Cost to buy loader= $20000Salvage value = $5000Time = 7 yearsEach year…
Q: Approximately, what is the value of the total Present worth (where Ptotal= PA+PG) if G (arithmetic…
A: The idea of present worth asserts that a sum of money in the here and now is worth more than an…
Q: A construction firm needs a new small loader. It can be purchased for $20,000. The firm expects the…
A:
Q: A project's approved budget is $210000 and planned budget to date is $45000. What will be the…
A: In its most basic form, a budget plan is a statement that provides projections of the expenditures…
Q: Consider the following estimated model Ipassen 8.26-0.6131fare +0.142 ldist, (0.078) (0.040)…
A: We have regression model where dependent variable is regressed on independent variables.
Q: The equilibrium wage of an assistant professor in music is 5 and the equilibrium quantity is…
A: Equilibrium price is the price at which quantity demanded equals quantity supplied and the market…
Q: The individual production points on each person's production possibilities frontier represent their…
A: Production possibility curve is used to represent the maximum amount of output that an individual…
Explain the main economic issue law and lawlessness ,and describe the factors that cause lawlessness
Step by step
Solved in 2 steps
- Which one of the following is a positive economic statement? a.Thoughtful people oppose an increase in the minimum wage. b.An increase in the minimum wage will reduce employment. c.Social justice will be served by increasing the minimum wage. d.The minimum wage should be increased.Which of the following is the most concerning when producing goods/services? Environment destruction The black market Government involvement Economic freedomexplain whether there has been a market failure, what type of failure, and what measures might solve it, You should consider: the advantages and disadvantages of any solution whether doing nothing might be the best solution the concept of efficiency. The only large employer in a local area pays its employees a low rate, and working conditions are poor. There is high unemployment in the area
- Why is each of these statements somewhat misleading, based on economic principles? Explain (a) “Undocumented immigrants take only jobs that no American wants.” (b) “Deporting 300,000 undocumented immigrants would create 100,000 job openings for Americans.” Try not to make this a political statement and/or personalize the questions. I am looking for answers based on the economic principlesWomen’s empowerment movement eyes 40% of government spending accreditation …Last year the South African government affirmed its support for women-owned businesses as part of its commitment to ensuring that gender equality in Africa’s most advanced economy was achieved. President Cyril Ramaphosa said then: “We are going to drive women’s economic inclusion through public procurement. We have set the target of ensuring that 40% of goods and services procured by public entities are procured from women-owned business.” a) Market participation. b) Government spending. c) Commercialisation. d) Nationalisation.1. It regulates the engagement between the producer and the consumer. A. Chamber of commerce B. Local community C. Government 2. Economic development is measured by looking at A.Wealth of the community B.Quality of life C.Type of businesses present 3.It is regarded as the engine of the economy. * A.Entrepreneurship B.MSME's C.Education 4.The future belongs to those who can think like a; A. Positive person B.Scientist C.Entrepreneur 5.Which of the following is an entrepreneurial mindset? * A.Vulnerable Mind B.Resilient Mind C.Rigid Mind 6. is more interested in being unique. A.Independent Mind B.Risk Managing Mind C.Designing Mind 7.It is determined to achieve stretch goals. * A.Resilient Mind B.Independent Mind C.Goal oriented and effectuating mind 8. It has the propensity to take calculated risks. * A. A positive mind B.Risk managing mind C. Calculated risk mind 9.It…
- In a market economy the price of something or someone's labor (including wages and salaries paid to sports stars) are determined by: Group of answer choices the government. the social desirability of the product or the service provided. demand and supply.What can a company do to help employees with disabilities perform activities that might otherwise be difficult or impossible for them? A) Informally promote glass ceiling B) Enrich jobs C) Invest in assistive technologies D) Perform succession planning E) Promote ethnocentrismMatch the product to the category in which it belongs. WORD BANK Club good, Common reosurce, private good, public good 1.Loaf of bread- 2.Military- 3.Night Club- 4.Hammer- 5.Toothbrush-
- Economics British American Tobacco (BAT) runs the largest private sector run afforestation program in Bangladesh. BAT Bangladesh initiated its afforestation program in 1980 when the forest department called on the private sector to support its endeavor to conserve the forests. BAT has contributed around 110 million saplings to the country’s afforestation initiative over the last 4 decades. As a large corporation BAT pays a significant amount of corporate tax to Bangladesh Government; recognized as one of the highest income tax paying companies in the country for the tax year 2019-20 in the last five years, the company has deposited more than Tk3,600 crore as Income Tax and Tk88,000 crore as VAT, to the National Exchequer. BAT enjoys the status of being one of the most high profile companies that are doing business in Bangladesh. a) Based on the above provide two reasons, with brief explanations, as to why BAT was involved in the afforestation program?In modern economic society: Which one of the following is not accurate? a. Market use all factors of production to provide goods and services. . b. Production and distribution are done through division of labor. c. Government must solve the problems of poverty. d. all of the above...Give examples and definitions of how these economic terms are used: (Simple definitions) -factory market -opportunity cost -wealth -wants -needs -production possibilities graph -scarcity