Explain why the number of elephants and rhinos is declining in nations where the animals are housed on national parks and rising in nations where the animals are privately owned and farmed by individuals.

Q: Which of these statements does not apply to market economies? Select one: a. Prices ensure that…

A: Lower the price, quantity demanded of good by a buyer is high while higher the price, quantity…

Q: After a long public discussion about goods and services that should be provided to the population,…

A: This relates to the concept of a price ceiling where a price is set by the government for the…

Q: In a market economy, one of the following answers would not affect labor supply. Which one? Group of…

A: Labor supply shows different quantities of labor supplied at different wage levels

Q: There is a community of 400 commercial fishers, and there are two lakes where they can fish, ONE and…

A: Hi. Since there are multiple questions we will answer only the first three questions. a.It is a game…

Q: How did the flood affect onion production? Can you show the change in equilibrium price and quantity…

A: The above figure shows the impact of the flood on onion production which shows that due to the…

Q: Explain why the number of elephants and rhinos is declining in nations where the animals are housed…

A: The elephants and rhinos when kept in National Parks, become a public good, such that they become…

Q: Discuss minimum wage legislation within the backdrop of the Sustainable Development Goals on…

A: The minimum wage is the lowest wage that an employer is allowed by statute or contract to pay to an…

Q: Today, Americans consume twice as much fruit, and three times as many vegetables, from both Mexico…

A: The article talks about the changes brought by the North American Free Trade Agreement in the North…

Q: why market economies usually do a better job than command economies at efficiently transforming…

A: Answer: Introduction: Market economy: it refers to the economy where there is no government…

Q: Which of the following statements is false?   A. A quota is a tax levied against a specific good…

A: Trade restrictions refers to the restrictions imposed upon the import and export of goods and…

Q: How does the growing “McDonaldization” of developing countries spell more badnews for their small…

A: Introduction McDonaldization is explained as "the phenomenon by which fast-food chain concepts have…

Q: Base your answer to this question on the passage below and on your knowledge of social studies. One…

A: The economic development of countries has been accompanied by a degradation of environment. This has…

Q: chick fil a eat more chicken campaign features three cows holding up a sign that says things like…

A: The demand of a product is affected by various factors. Consumers’ preference is one the significant…

Q: All of the following statements about agriculture in commercial economic systems are true EXCEPT…

A: The process of development in any economy is characterized by shifting of traditional agriculture…

Q: Using diagrams where appropriate, analyze why gambling can be seen as an example of market failure…

A: Gambling- The process of taking a risk of money or something valuable assets on the result is called…

Q: Walras law as used in economics.

A: Economics- It is related to the production, distribution, and consumption of goods and services.

Q: It is clear that productive inefficiency is a waste since resources are used in a way that produces…

A: Allocative effeciency refers to an economic situation that is commonly found in the ideal…

Q: How did the flood affect onion production? Can you show the change in equilibrium price and quantity…

A: The flood in country B has severely affected the production of crops and displaced many people. The…

Q: the heckler-ohlin analysis, a country imports the good that uses intensively the countries…

A: The Heckscher–Ohlin theorem is one of the four critical theorems of the Heckscher–Ohlin model,…

Q: Analyze with the help of a graph how an export subsidy affects the terms of trade of the country…

A: Export subsidy refers to the subsidy given to the domestic traders to encourage export of goods.…

Q: Demonstrate a willingness to critically assess the impact of economic policies on economic…

A: These are the various economic policies adopted by the government in order to economic efficiency in…

Q: ts would be inefficient.  The tax revenue earned by the Austrian government is more important than…

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

Q: Briefly explain the effects of the following policies on agricultural sector: i) Import Tariffs;…

A: Agriculture sector is considered as the primary and important sector of any country because it is…

Q: What is social responsibility? Can the government compel businesses in our country to abide by this…

A: In an economy, when an individual makes decision, his decision will influence the market when people…

Q: Discuss how competitive markets determine the wage rate and the quantity of labor that should be…

A: In the labor market, the demand for labor and also the supply of labor determine the extent of…

Q: Give a positive and a normative argument about why a business leader would oppose raising the…

A: Economics deals with the supply and demand of resources. Firms emerged as primary bodies responsible…

Q: Why was Rice Tarrification Law became a law in the Philippines?

A: Rice Tarrification Law: It is the Law which is basically related to rice trading. Tariff means means…

Q: chick fil a eat more chicken campaign features three cows holding up a sign that says things like…

A: Hey champ, Welcome to this platform. Here you will get the answer with better quality in minimum…

Q: Black markets are found in the regulated economies. They arise due to lack of freedom in the…

A: Black market is a market where certain goods and services are sold with government permission to the…

Q: Qs=35+8p Qd=106-2p' Find equilibrium rice and equilibrium quantity

A: In equilibrium, Qd = Qs 106 - 2p = 35 + 8p 10p = 71 p = 7.1

Q: The graph shows the market for walnuts. The government introduces a production quota of 4 billion…

A: The demand curve depicts the quantity demanded at each price level, keeping other factors of demand…

Q: Discuss very briefly the disruptions faced in Africa which was caused by the Covid-19…

A: here we discuss the  disruptions faced in Africa which was caused by the Covid-19 pandemic as…

Q: If there is a need to increase the quantity and supply of oil, the most effective way to get it…

A: Supply alludes to the number of services and goods offered available to be purchased at a given…

Q: What is a free market         a) a store where goods are free       b) an economy controlled by the…

A: A free market is an economic system that is driven by the market forces of demand and supply. All…

Q: If the size of a tariff raises the price of an imported item $20 per unit which in turn reduces the…

A: Trade refers to the flow of goods and services across borders. Adam Smith argued that free trade is…

Q: Today, Americans consume twice as much fruit, and three times as many vegetables, from both Mexico…

A: The above shown document in the question has basically been written in order to reflect the changes…

Q: Concerned about the political fallout from rising gas prices, suppose that the U.S. government…

A: 1. The market equilibrium price is determined at the intersection of the demand and supply curves in…

Q: How did the flood affect onion production? Can you show the change in equilibrium price and quantity…

A: The market demand curve shows the negative relationship between price of the good and its quantity…

Q: To what extent are free markets morally justified? In your answer, you may want to be clear about…

A: The markets are a distributive mechanism which would result in the allocation of the goods and…

Q: Under autarky, the equilibrium quantity of chairs in India is 126052 per year. Once free trade is…

A: ‘Export volume’ is how many containers or Quantity of goods is exported. It may be kilograms, metric…