Explain why a firm might want to produce its good even after diminishing marginal returns have set in and marginal cost is on the rise.

Q: QBS company wishes to replace its current equipment that was purchased 8years ago with the newer tec...

A: Given: Interest rate=12%  

Q: 2. Ann has started working and is saving to buy a house, which requires a down-payment of d. She has...

A: This is essentially an expenditure minimizing exercise for Ann. To be able to save the down payment ...

Q: Consider the graph below where there are two pollution-abatement technologies (Old and New) availabl...

A: The graph in the question represents the two different curves of marginal abatement.  The firm would...

Q: Mention at least 4 questions that help us to start planning a project and why do you think they are ...

A: To start a project (say a production unit), a person needs to consider the following questions: 1) W...

Q: The game to the right is called the dating game. It's origins go back to the early 1950s. Player 2 S...

A: This is an example of a game involving two players who wish to attend a concert by Bach and Stravins...

Q: The Tire Rack, America's leading online distributor of tires and wheels, conducts extensive testing ...

A: Regression is a statistical tool that is used to study the relationship between the dependent variab...

Q: The following table contains statements that provide some analysis of policies that address the mini...

A: Introduction: A minimum wage is the lowest salary that companies can lawfully pay their employees; i...

Q: Boris has $100 to spend on bananas and/or babacos. Suppose you have drawn his budget line for banana...

A: Correct graph which describe the situation in the question is graph (d).

Q: what do you understand by the concepts of intra and inter temporal choice models on material economi...

A: Managerial economics is a cost that is associated with the application of economic concepts, ideas, ...

Q: Imagine that you are considering starting your own business. Please share what you think would be so...

A: The potential advantages that an individual, investor, or organization foregoes by choosing one opti...

Q: Each firm in a perfectly competitive industry has total costs c = q2 – n + 16. Market demand is Q = ...

A: Given:- C=q2-n+16 Q=24-2p Tax, t=1 Please find the images attached below for detailed solution.

Q: Wylie has been offered the choice of receiving $4,700 today or an agreed-upon amount in 1 year. Whil...

A: Given:- Received today= $4700 In future= $5500 To calculate:- TVOM(Time value of money)=?

Q: A bank agrees a repurchase agreement (Repo) with its prime broker using £30 million of Mortgage Back...

A: A repurchase agreement, also known as a repo, RP, or sale and repurchase agreement, is a form of sho...

Q: J. What is the price range that will result to a surplus in the market? K. What is the price range t...

A: First we plug in the values of all the parameters in the individual demand and supply curves and agg...

Q: The world’s most innovative companies have largely created structures that remove structural barrier...

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

Q: Your mortgage compounds interest annually at an interest rate of 3.1%. If your loan was for $700,000...

A: Given:Principal=P=$700,000Interest rate=i=3.1%  Time=n=7 years

Q: On January 1st, the number of unemployed was 17 million and unemployment rate was 4.95%. The informa...

A: Answer: Given, Unemployed population (on 1st January) = 17 million Unemployment rate = 4.95% 4.95%=1...

Q: Evaluate the effectiveness of using monetary policy to reduce the rate of inflation

A: The economics as a study is based upon the idea of scarcity, where the resources with the economies ...

Q: PIX company is considering licensing a water treatment system. The company can purchase a one-year o...

A: Given, PIX company is considering licensing of water treatment systemCost of one-year purchase : P15...

Q: In a competitive market, the price of a product A. is determined by buyers, and the quantity of the ...

A: Competitive markets are present in free market economies. Here, forces of demand and supply are allo...

Q: nswer letter b only

A:

Q: Problem 5 Refer to problem 4. A new minimum wage of $20 has been enforced. What is the surplus?

A: Surplus: When supply exceeds demand Labour supplied at the new wage $20 is: Qs=1000+20*(20) Qs=1400 ...

Q:

A: Real per capita GDP shows total economic output measurement of a nation which is divided by people c...

Q: Explain briefly the three basic questions that every country must ask themselves about their economi...

A: Quantity of enterprise depends on certain factors which results into its success. It would increase ...

Q: Julio loves gardening. His favourite plants are tulips and hydrangeas. His utility function is ' u(...

A: Given that: u(t, h) = t + 100h - h2 Constraint: 500 = 1(t) + 4(h)

Q: Evaluate countries within the framework of the Kuznets Curve and Environmental Kuznetz Curve, taking...

A: The Kuznets curve is a fictitious curve that depicts the link between income disparity and per capit...

Q: Suppose that a firm's marginal abatement cost function with existing technologies is MAC = 12 - E. I...

A: In this question we have to find out the benefits of adopting the new technologies with the help of ...

Q: A. Assume a market of a specific good. The demand and supply equation is as shown below: Po = 70 - 3...

A: As it is written that the supply curve shifts horizontally we make Q the subject for the original su...

Q: The market for tomatoes is in equilibrium. This week scientists developed a new type of technology t...

A: The markets are the place where the buyers of the goods, and services interact with the suppliers of...

Q: A. Each week, Adriel buys cheese (C) and sausage (S) which provides him a utility of U= 5th root of ...

A:

Q: QBS company wishes to replace its current equipment that was purchased 8years ago with the newer tec...

A: Future Worth is defined as the method which is used to calculate the equivalent cost of the project ...

Q: 6. Use the following data to work Problems (a), (b), and (c). You are given the information in the t...

A:

Q: answer MNO the answer to L is: Price floor set by the government = 1046.25*1.2=P 1255.5. Quantity...

A: Demand curve refers to the inverse relationship between two components namely price and quantity dem...

Q: When an excise tax is imposed on sellers, the of the tax. curve shifts by the amount supply; downwar...

A: Correct answer "supply; upward".

Q: The market demand and supply equations for theme park in a city are given by P=30–0.005QD andP=10+0....

A: CS = area above the equilibrium price and below the demand curve PS = area above the price and below...

Q: The below table shows the corn markets in Mexico and the US. What is the equilibrium world price ass...

A: Shortage is a condition where the quantity demanded is greater than quantity supplied at the market ...

Q: critically discuss the compilation of voter's roll

A: Voters roll is defined as the list of citizens who have actually registered their names under sectio...

Q: Identify the term being referred to: A benefit given by the government that allows entities to have...

A: Subsidies are frequently utilised to support activities that provide positive externalities that wou...

Q: Consider the following diagram of the per-worker production function (output per worker as a functio...

A: Supply is the concept which shows the level of quantity that producers or sellers produce or supply ...

Q: (2021 Summer Midterm) At the current equilibrium point, the price elasticity of demand for soda is -...

A: Given: Price elasticity of demand=-0.6 Price elasticity of supply=1.13 Decrease in demand=2.69%

Q: (3) The French Government runs a budget deficit and finances it by borrowing $20 billion. Use the lo...

A: Loanable fund market shows the demand and supply factors affecting the funds availability in the mar...

Q: Evaluate the effectiveness of fiscal policy as a tool to reduce unemployment.

A: Fiscal policy is a policy used by the government in which it influences the level of government spen...

Q: A small open economy is described by the following equations: C = 50+0.75(Y-T), I = 200 -20r, NX = 2...

A: IS–LM model, or Hicks–Hansen model, is a two-dimensional macroeconomic tool that shows the relations...

Q: Figure 6 Response to a Business Cycle Expansion Price of Bonds, B Step 1. A business cycle expansion...

A: If there is an excess of the supply of the bond in the market, it would make the more supply then th...

Q: le and female workers in 1970 are given by: Wm = 500 + 100s Wr = 300 + 75s 14 years of schooling and...

A: *Answer: 

Q: Given a utility function of 2 goods X and Y: U (X,Y) = X +Y1, MRSXY as the consumer substitutes X fo...

A:

Q: Kim has $24 per week in her entertainment budget. She splits her time between going to the movies an...

A: A budget is an estimate of revenue and expenses for a specific future period of time that is frequen...

Q: Consider a geometric series of cash flows that begins at time 5 with a cash flow of $5,000. Cash flo...

A: Given:- Cash flow  time  5 = $ 5000 Annual growth in cash flow = 7% Number in cash flows = 9 Future ...

Q: c. find the profit maximizing level of output for the firm (I've given the marginal cost curve below...

A: Answer to part c.

Q: Russia has raised the policy rate to 20%. Use a theory of exchange rate determination to explain the...

A: Answer -