Q: 2. If a higher inflation is expected, what would you expect to happen to the shape of the yield…
A: The theory of pure expectation:Market expectation theory is another name for it. According to this…
Q: what is the book value of electronic test equipments after 9 years of use if it depreciates from its…
A: Depreciation means a fall in the value of assets due to wear, tear, and obsolescence.
Q: Ed produces table lamps in the perfectly competitive desk lamp market. Fill in the missing values in…
A:
Q: What are the determinants of exchange rates? Do interstate rate differentials have an impact on…
A: Macroeconomics refers to the branch of economics that deals with the with performance, structure,…
Q: A good economic theory …
A: An economic theory is a collection of ideas and principles that explains how different economies…
Q: A consumer of two goods has utility u(x₁, x2) = x²x₂. In addition to her wealth w, the consumer…
A: Utility Function : U = x12x2 Budget Constraint : p1x1 +p2x2 = w Optimal consumption point is…
Q: Suppose exceptionally good weather provides a much bigger than expected orange harvest.…
A: The Supply curve depicts the positive relationship between price and quantity supplied, keeping…
Q: Match the term with the definition: [?] is the rate you pay on the last dollars you earned…
A: Marginal value is the value from the last unit. Average value is the value per unit.
Q: In your own words, discuss the relationship between a t-test and a confidence interval.
A: Confidence interval refers to a range of potential values that, given a specific level of…
Q: Consumption expenditures are a function of disposable income the real interest rate autonomous…
A: Consumption is the total amount of products and services that a person utilises to fulfil their…
Q: The estimated monthly sales of Mona Lisa paint-by-number sets is given by the formula q = 97e-3p/2,…
A: given that, monthly sales of Mona Lisa is given by the formula q = 97ep-3p2/2
Q: Explain how competitive advantage play a role as one of the globalization driver ?
A: In recent decades, the primary idea of globalization has taken centre stage in economic life. Almost…
Q: You have a big exam tomorrow. You were planning to study tonight, but your friend has tickets to a…
A: Given that the person would be willing to accept a B on the exam in order to go to the concert.…
Q: 3 Price elasticity and cross price elasticity of demand Suppose an individual who derives utility…
A: Here we are given the utility function and the budget of the consumer. The consumer chooses a…
Q: Consider an exchange economy with two agents, 1 and 2, and two goods, apples and bananas. The…
A: Utility function : u(x ,y ) = xi + ln (1+yi ) where , i = 1, 2 For Agent 1 - Endowments : ( 10 , 0…
Q: Stockholders are the owners of a corporation and the two types of stocks are: (Choose two) A.…
A: Any individual, company, or institution that holds at least one share of a company's stock or unit…
Q: A bakery needs to replace its old oven that has broken. It is considering the following options. Use…
A: Given Oven A Oven B Initial cost $4500 $7000 Annual operating cost $700 $500 Salvage…
Q: 1. What does it mean for preferences to be "complete"
A: Preference means the desire to get one thing more than another.
Q: 1) Complete the table. Price 18 17 16 15 14 13 12 Quantity Total Marginal Fixed Demanded Revenue…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: 2. What does it mean for goods to be perfect compliments? Give one example.
A: As mentioned I will be only answering question 2. There are many types of goods in this world and…
Q: IF YOUR GRANDMA WISHES TO PROVIDE P40,000.00 TO YOUR YOUNGEST BROTHER ON HIS 21st BIRTHDAY. HOW MUCH…
A:
Q: In the Solow Growth accounting model with a capital share of 40% if total factor productivity growth…
A: Under the solow model we have the production function as: Y = AKαL1-αY : output K : capital stock L…
Q: n a study of the demand for automobiles in Canada, economists Blomqvist and Hassel distinguished…
A: Since you have posted a question with multiple sub parts, we will solve first three subparts for…
Q: Suppose that before tax was imposed 400 million gallons of gasoline was supplied at $3.00 per…
A: Here we are considering the market for gasoline where the equilibrium is determined by demand and…
Q: Find a government regulation imposed by the Commonwealth of Virginia that addresses a market…
A: Demand and supply are unable to balance when there is market failure.. Demand and supply may not…
Q: Some Caribbean countries give tax credits to homeowners who wish to install solar panels in their…
A: When Caribbean countries provide tax credits to homeowners who wish to install solar panels is a…
Q: A constant depreciation based on the assumption that the lost in value is proportional to the age of…
A: The sum-of-year digit method of depreciation is the accelerated depreciation method in which the…
Q: Before 1700 per capita GDP across countries differed by a factor of: a. 1 d. 50 b. 2-3 e. C. 10 100.…
A: Introduction GDP is the total goods and services produced in an economy at market prices. Economic…
Q: In Italy, firms pay tax on reported profits at a constant proportionate rate t€ (0, 1). If the…
A: Let, Audited Probability = P Non-audited probability = (1-P) Tax reported without an audit = tr…
Q: For each example, select the type of price discrimination that is being used. A firm charges each…
A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…
Q: You are 20 years old. In five years, you will have access to a trust fund that will be worth $20,000…
A: Present value is the value of investment in todays dollar. Future value is the value of…
Q: A civil engineer planning for her retirement places 11% of her salary each year into a…
A: Future value is the value of an asset at a specific date. It measures the nominal future sum of…
Q: Identify firms’ strategic responses that managers adopt in order to deal with foreign currency…
A: There are several different strategic measures companies can take to deal with exchange rate…
Q: If your income is R9 and the per unit price of X and Y is R2 and R1 respectively, what quantities of…
A: Marginal utility is the increase in total utility gained from consuming one more unit of the good.
Q: 5. Wireless high-speed internet in provided for free at an airport in a smaller city (like…
A: Kindes of goods: In public economics, one studies the various kinds of goods in the economy. The…
Q: In the market for gold jewelry, products come in a range of designs, styles, and levels of quality.…
A: The market's structure which includes a large number of buyers and sellers, is called perfect…
Q: A shift in the demand curve for bonds occurs when the quantity demanded changes at each given…
A: The term "demand curve" describes a curve that depicts the various quantities of an item that are…
Q: In five years, you want to be able to buy a new car for $30,000. If the interest rate is 3 percent a…
A: Prevent value refers to the sum of money that needs to be invested to reach a particular sum in the…
Q: исх, у з= мох = моде MRS (ay) – ди ду - - а иг laxt 1 axty a ax+y) до дже I axty ха Muse MUY a ax+y…
A: Marginal utility is the utility derived from consuming additional unit. Marginal rate of…
Q: A simplified version of Leontief's analysis of the 1947 American economy has the following…
A:
Q: The key to poverty eradication in China is rural development, Explain the three essential policies:…
A: As of February 25, 2021, China had successfully eradicated extreme poverty among the final 98.99…
Q: What is the maximum amount the building's owner would be willing to pay for the low-e windows in…
A: The difference between your original investment and the present value of your project's cash flows…
Q: What is the current account for Canada? a. $165 billion b. $175 billion c. $10 billion d. $155…
A: Current and capital accounts make up a nation's balance of payments. Accounts for transfer payments,…
Q: Sally consumes two goods, X and Y. Her utility function is given by the expression U=3XY2. The…
A: Given Sally's utility function: U=3XY2 .....(1) Marginal utility of X: MUX=3Y2…
Q: Item Imports of goods and services Foreign investment in the United States Exports of goods and…
A: In international economics, the balance of payments of a country is the difference between all money…
Q: A consumer has the utility function U=x0.2 y0.8 he price of xis $2, price of y is $4 and she a…
A: utility function refers that it is a function by which we measure the utility or satisfaction of the…
Q: a.) Arthur’s demand to reduce electric and magnetic fields (EMFs) is P = 20 – 2 Q, while Ronald’s…
A: Arthur’s demand: P = 20 – 2Q Ronald’s demand: P = 15 – 3Q MC = $15
Q: Which of the following are examples of Free Trade Zones? (Check all that apply) A. North…
A: Free Trade Agreement is a fact between two or more nations to reduce international barriers and…
Q: Phones right now has a fast rate of depreciation because of newer models with upgraded…
A: The progressive decline in an asset's economic value is known as economic depreciation. It might…
Q: Disadvantages of Globalization(at least 5)
A: Globalization is defined as the integration of different economies of the world through trade of…
please only solve part g!
Step by step
Solved in 2 steps
- The WipeOut Ski Company manufactures skis for beginners. Fixed costs are 30. Fill in Table 7.16 for total cost, average variable test, average total cost, and marginal cost.1. Which of the following statements is false?a) A high-efficiency organisation would want to have fewer storage facilities to increaseresponsiveness but this practice too is known to reduce responsivenessb) Having many production sites increases cost and reduces efficiency but responsiveness tocustomer demands increases because of proximityc) A highly responsive organisation for example would want to have many storage facilitieslocated nearer to customers but this practice reduces efficiencyd) None of the above1.Joe quits his computer programming job, where he was earning a salary of $50,000 per year, to start his own computer software business in a building that he owns and was previously renting out for $24,000 per year. In his first year of business he has the following expenses: salary paid to himself, $40,000; rent, $0; other expenses, $25,000. Find the accounting cost and the economic cost associated with Joe’s computer software business.
- Creative Homework/Short Project As an account executive with a market research firm, you are responsible for deciding on the type of research to be used in various studies conducted for your clients. for each of the following client questions, list your choices of research approaches. a. Will TV or mobile device advertising be more effective for a local bank to use in its marketing communication plan? b. Should a California winemaker operating on a national scale switch from bottling its mid-tier wine ($9 to $15 per bottle) with corks to bottling it with screwcaps? c. Are consumers more likely to buy brands from firms that support strong sustainability initiatives? d. What existing features of an e-commerce site selling clothing to women are most important for making a purchase decision?Question 1 (a) explain the term explicit and implicit costs.give examples. (b) what is economic profit as compared to financial profit? to compute economic profits,which costs are used?Give example.Vicky quit her $ 75, 000 a year marketing executive job to open her own firm. In Vicky's first year in business her total revenue equaled $ 180,000. Vicky's explicit cost during the year totaled $ 80,000. To start her business Vicky took $ 50,000 from her savings account that was paying an interest of 10% annually. What is her economic profit for her first year in business? A. -$26,000 B. -$ 25,000 C. $ 25,000 D. $ 24,000
- 28) If average cost is increasing over a range , it should be the case that a) marginal cost is smaller than average cost over that range b) marginal cost is equal to average cost over that range c) marginal cost intersects the average cost over that range d) marginal cost is greater than the average cost1. Minimize short (K fixed atK ) and long run cost of the following production technologies: a. q = 6K1/4L1/3 b. q = 20K1/2L1/2 c. q = K2L3 2. Derive the Short Run and Long Run Marginal Cost functions and determine whether Marginal Cost is increasing or decreasing with output. Explain why. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Problem 2: Average total cost, from “Principles of Economics” by N. Gregory MankiwYou are the chief financial officer for a firm that sells gaming consoles. Your firm has thefollowing average-total-cost schedule:Quantity | Average total cost600 $300601 $301Your current level of production is 600 consoles, all of which have been sold. Someone calls, desperateto buy one of your consoles. The caller offers you $550 for it. Should you accept the offer? Why or whynot?
- # Units Produced Total Revenue Total Costs 0 0 200 1 600 660 2 780 720 3 840 780 4 890 870 5 910 980 How many units should the profit maximizing firm produce? a. 1 b. 2 c. 3 d. 430- A graph represented by a straight line parallel to the output of the X-AXIS is an image of which classification of cost? a. Marginal cost b. Production cost c. None of these d. Total fixed costEXAMPLE 1.2 Consider the following data of a company for the year 1997:Sales = $ 1,20,000Fixed cost = $ 25,000Variable cost = $ 45,000Find the following:(a) Contribution(b) Profit