f q = 4 lnL and the good is sold for $10 then if the wage rate is $5 the number of units of labor used would be............... and the wage bill (variable cost) will be ___________.   a. 8, 40   b. 40, 8   c. 8, 8   d. 5, 50   e. none of the above.   If the short run production function is given by q=(1/10)lnL and the price at which the good is sold is 100 then the demand for labor L is Group of answer choices a. 1/w b. 100/w c. 10/w d. unit elastic e. both c and d.

Q: 4. If the AD excess is $400 billion and the MPC is 0.9, a) How much fiscal restraint is desired? b) ...

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

Q: Refer to the figure below. What can we conclude from this figure? Graph of Per Unit Costs What is im...

A: The creation of additional output due to the result of additional input being placed into the compan...

Q: Comparing the slope of the budget line (Opportunity Cost of Good Y) with the slope of the Indifferen...

A: opportunity cost means the worth of the following most elevated esteemed elective utilization of res...

Q: 0.25 0.10 0.20 0.15 0.25 If your initial distribution of countries from lowest GDP to highest GDP is...

A: The gross domestic product per capita is the ratio of gross domestic product to the population. It m...

Q: Which of the following is true for valid bitcoin transactions? O May have multiple inputs and multip...

A: Bitcoin is a decentralized digital currency that keeps track of transactions in a distributed ledger...

Q: Please explain or derive mathematically the condition for consumer equilibrium.

A: The consumer's equilibrium refers to a condition in which the consumer has gotten the most potential...

Q: The table below lists the CPI and wage values for the United States from different decades.   a. C...

A: Real wages are nominal wages adjusted for inflation. Real wage denotes the purchasing power of the c...

Q: 4. An annuity pays $6500 at the beginning of every year for 10 years. If the payments are deferred f...

A: Given: Annuity payment each year for 10 years=$6500 Deferred=7 years Interest compounded monthly=4.3...

Q: Suppose a firm produced 2 goods x and y and must produce x + y = 42 and have a cost function of c = ...

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

Q: Cost in oil and gas operations may be classified into a number of non-mutually exclusive groupings f...

A: Cost is the expenditure that is incurred in the production of goods and services. It means the total...

Q: An investment of P270,000 can be made in a project that will produce a uniform annual revenue of P18...

A: In the present worth analysis, we find the present equivalent value of all the cash flows.  In the a...

Q: Suppose, at a given point in time, Lynn's Licorice Loft sells licorice in a perfectly competitive ma...

A: Given; Average total cost of producing licorice= $1.20 Average variable cost= $1.00 Marginal cost= $...

Q: Which of the following equations is used to estimate the percentage change in the quantity of real m...

A: Money demand is the demand for money in economy. Demand for money depends on interset rate and incom...

Q: Output (units) (units) (units) (units) |(dollars) (dollars) (dollars) 1 $500 $0 1 1 10 (A). $500 $20...

A: We know ,      TC = TFC + TVC      TC = 500+ 600       TC = $1100    

Q: A company has the head office at Ukraine and a branch at London. The personnel director wanted to kn...

A:

Q: Match each mathematical expression to the term below which represents its meaning: AU/AL is Ac/Ae is...

A:

Q: Assume that initially everyone expected the price level to stay the same when the Federal Reserve an...

A: here, AS is Aggregate supply AD is Aggregate demand  

Q: Identify a possible market failure and discuss the appropriate forms of government intervention to o...

A: Apollo Food Holdings Berhad is a public listed business in Malaysia, registered in the Consumers Goo...

Q: What is human capital? Is education important in increasing the quality of human capital or not?

A: Human Capital The economic benefit of a laborer's experience and talents is referred to as human cap...

Q: Explain why an increase in the interest rate reduces the amount of residential investment

A: Interest rates impact the level the residential investment.

Q: 3. As supervisor of a facilities engineering department, you consider mobile cranes to be critical e...

A: Given information Project A Initial capital=$272000 Annual cost=28800 Salvage value=25000 N= 6 years...

Q: Using the IS-LM model, determine the impact on consumption (C), Investment (I), output (Y), i (nomin...

A: IS -LM Model is a short run model which depicts equilibrium points in both the goods and money marke...

Q: Using DBM(declining balance method), the depreciation of a machine on the 5th year and 7th year are ...

A: We have given the depreciation of a machine in 5th year is P22,893 and in 7th year is 13,503 Let the...

Q: 1. The following table shows three age-groups of boys and girls, (a) the number of children affected...

A:

Q: True or False: The securities purchased by a central bank in normal open-market operations are on a ...

A: Quantitative easing is the process which is usually used when the economy is in crisis and all metho...

Q: Set-E4. What is the effective annual interest rate if a credit union pays 4.125% interest (a) compou...

A:

Q: Contrary to predictions, for-profit colleges and universities are more expensive than public institu...

A: Between 1980 and 2005, tuition at private colleges in the United States more than doubled in real te...

Q: e. Dan is Kim's colleague. Michelle assigns Kim and Dan to work on a joint project, which can be des...

A:

Q: 1. Suppose that the economy of Fruitopia produces two goods, apples and oranges, according to the fo...

A: For 2020,   Quantity (2020) Price (2020) Nominal GDP Apples 30 2 60 Oranges 18 4 72 Total -...

Q: For demand function Q = a- bP and supply function Q, = dP-c , using Cramer's rule determine equilibr...

A: Equilibrium price refers to the price that prevails when the quantity supplied equals the quantity d...

Q: You were asked to find out the measure of risk of financial instruments. You made use of the NPV. Yo...

A: NPV or net present value method is used to discount the future cashflows at given discount rate so a...

Q: An item is purchased for P100,000. Annual cost are P18,000. Using 8%, what is the capitalized cost o...

A: given purchase price = 100000 P annual cost = 18000 P interest rate = 8 %    

Q: Why does the Fed use the ON RRP rate as a supplement to the interest on reserve balances rate? Becau...

A: An RRP, like reserves and currency in circulation, is a liability on the Federal Reserve's balance s...

Q: 3. Consider an economy that only produces mittens. In Year 1, 400 and the price is $5 per pair. In t...

A: Hi! Thank you for the question, as per the honour code, we are allowed to answer three sub-parts at ...

Q: Consider the payoff matrix of a game against nature. S2 -2 S3 S4 S5 S6 di dz dz d4 4 -5 -1 2 -2 1 -6...

A: Given information Pay off matrix is given

Q: A company purchases an asset for the P10,000 and plans to keep it for 20 years. what is the value af...

A: Given the values: Present value = P10000 Time = 10 years Interest rate = 10%  

Q: explain briefly The O-Ring Model proposed by Michael Kremer

A: The O-ring model is basically an economic theory that is a model of economic development proposed by...

Q: The purpose of an ordeal mechanisms is to separate those who truly need assistance from those who ca...

A: 2) Ordeal mechanism is the system of self targeting wherein a mechanism is followed to separate the ...

Q: Recently, US imposed new tariffs on Canadian softwood lumber. Lumber is intensively used in the cons...

A: Given information Supply and demand curve is given. Word price is given as Pw Equilibrium price Pe I...

Q: Work sampling studies are conducted to find the utilisation of a machine. Out of 200 observations ma...

A:

Q: What strengths, weaknesses, opportunities, and threats exist for Dubai?

A:

Q: 1. Knights on a Line: Three feudal lords are vying for control of a piece of territory in the shape ...

A: Introduction Pure strategy means in a game there are more than one players getting higher payoff sim...

Q: 8. Before an increase in excise duty on tea, 400 people out of a sample of 500 persons were found to...

A:

Q: The following graph shows the labor market for research assistants in the fictional country of Unive...

A: The labor market states the demand and supply of labor. In this market, the employees provide the su...

Q: Use the figure to answer the following questions. Assume that the economy initially is operating at ...

A: Assume that the economy initially is operating at price level 120 and real output level $870. The ou...

Q: Who are the forerunners and father of Economics. Explain and discuss their contribution in the field...

A: The greatest economists of the history of mankind or the forerunners of Economics Galileo Galilei t...

Q: A construction and engineering company plans on opening an office in Dubai. Over the 25 years the of...

A: Given: Number of years=25 Cash flow per year=$250000 Interest rate=12%

Q: Suppose the demand curve for pizza can be represented by the equation QD = 20 - 2P. The supply curve...

A: quantity demanded is equals to quantity supplied , now as government impose 1.5 tax per pizza 20 - 2...

Q: Twenty people were attacked in London by a disease and only 18 survived. Will you reject the hypothe...

A:

Q: Consider IC1. Good X D IC Good Y If given a choice between A and D the person will always choose D I...

A: