Give an example of the price of a good changing.  Explain what determinant of supply or demand you think led to this change. (For example, the price of laptop computers has decreased in recent years due to technological change.)

Q: In the example 7.2 the author provides the different cost components (sunk, fixed and variable) of t...

A: Choosing Pizza Industry and the main component of this industry is Sunk Cost.  

Q: In Avengers: Infinity War the character Thanos seeks to use the power of the infinity stones to elim...

A: Given production function  Y=A×F(K,L)Y=AK1/3L2/3              ... (1)         Initial value of A =1,...

Q: Elaborate on the level of competition in the banking industry in no more than 2 paragraphs.

A: The economies tend to face scarcity of resources, because the amount of resources which are present ...

Q: et deposited $12,000 in her savings account on June 15, 2018. The savings account earns her 2.50%. W...

A: here we calculate the balance of savings account by the following method as follow;

Q: The company el Ahuehuete, S.A., shows you the data of the credit applicants. Without knowing the rul...

A: Giving credits to clients require analysis of income and expenses and depending on that credit may b...

Q: The table below shows the average cost (AC) for a purely competitive market. The average revenue (AR...

A: Given: Average revenue (AR) =RM5 per unit Firm’s total fixed cost (TFC) =RM4.

Q: ings by businesses 12 percent Private investment 18 percent Net taxes paid 15 percent Government spe...

A: * ANSWER :-   

Q: 2. After tax, Dave will choose to work hours. 3. The tax rate on income is %. and Dave will pay $ in...

A: Two budget line shown in the graph the higher budget line shows the maximum wage David could earn wi...

Q: draw a general demand curve and label it D. Ther the curve to the left or the right depending on wh ...

A: Demand curve shows the negative relationship between price and quantity demanded of a good. There ar...

Q: please answer the question below with a diagram drawn     Show on a diagram how a negative extern...

A: When SMC = SMB, the social optimum level of production is attained. This occurs when production leve...

Q: Part II: The eccentric billionaire Zaggy Zargawhoop must decide today whether to repair his yacht ag...

A: a. Yes he should. Since Zaggy has already paid the $9B, which he will not be getting back, he looses...

Q: 1. They serve as coordinators who link the buyers and sellers of financial securities, and sometimes...

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

Q: You want to bank enough money to pay for 4 years of college at $15,000 per year for your child. The ...

A: Given: Amount per year for (n) 4 years (AV)=$15000 Interest rate (i)=6% To find: Deposit on 3rd birt...

Q: cro model with demand-determined output. The equations : Y -T, I = 400, G = 700, T = .2Y, X = 130, a...

A: *Answer:   

Q: P=$178.85 EPS= $10.45 P/E ratio Rate of return = 9. Based on the rate of return, would you buy

A: A rate of return (RoR) is the net gain or loss of an investment over a specified time period, expres...

Q: SUonsanh uaunsaau uMo Synopsis Your friend calls you and asks to borrow $20,000 so that he can open ...

A: A PESTLE analysis is a tool for gaining a broad understanding of the environment of an industry. PES...

Q: Savings by households 10 percent Savings by businesses 15 percent Private investment 19 percent Net ...

A: Calculation of current account balance .

Q: The Fed believes if inflation is high and GDP is high, unemployment is likely to:   a. Increase  ...

A: Unemployment, the state of one who is equipped for working, effectively looking for work, however un...

Q: Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts 36...

A: * SOLUTION :-  Based on the given information the calculation as follows.

Q: Assume that the social marginal benefit of a public good is SMB = 24 – 1.6 · Q and the marginal cost...

A: Here we calculate the Quantity of the good by using the social marginal benefit and Marginal cost , ...

Q: Explain why Applied Economics is not a field of economics. If Applied Economics is not field of econ...

A: A brief overview Economics generally only covers how things are produced, consumed and distributed. ...

Q: In many situations, financial innovations are viewed as innovative variations on existing technologi...

A: the term financial innovation means new ways or innovative financial methodologies. This innovative ...

Q: Describe the key features of the graph in 250 words or more. You need to start with anoverview to wh...

A: what does each curve represent? In the above diagram, Ps(Q) represents the initial supply curve and...

Q: Q20 In Canada we have government intervention in the dairy market in the form of quotas on milk p...

A: GIVEN    1) Consider the above given that

Q: A consumer's utility function is U(x, y) = 4x + 3y. The price of x is 5 and the price of y is 2, and...

A: Utility Maximization is the situation where consumer gets higher satisfaction with given level of in...

Q: Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income 36,063 rece...

A: Given:Exports of goods=107,941  Exports of services=44,133  Import of goods=132,484  Import of servi...

Q: factors that contribute to the successful investment

A: Investment means Balancing risks, between reward and opportunity cost - knowing the right balance le...

Q: ASSIGNMENT  Opportunity cost is all about making choices and how you adequately and effectively mana...

A: Introduction: Managerial economics is described as the discipline of economics concerned with the ap...

Q: Current Account Value Exports of goods 107,941 Exports of services 44,133 Primary income receipts 36...

A: Below are the formulas: Current account = (Export - Import)+ Net Interest + Net transfersTrade Balan...

Q: Please draw a demand curve. Label everything possible.

A: A demand curve is a graph that depicts the relationship between the price of a commodity and the qua...

Q: Q=15-5p what is p and q intercept

A: the intercept is mainly used to measure the slope of the line.   When Q = 00 = 15 - 5pp = 15/ 5p = 3...

Q: 1. Assume a daily production function for a firm is Q=min(3L, 4K) a. If L 100 and K = 100 what quant...

A: Here we calculate the followings terms of production and cost by using the given information and con...

Q: The Brazilian real expected to depreciate against the dollar in the next month by 1%. The standard d...

A: The exchange rate is the value of one country's currency concerning the other country's currency. Ev...

Q: The marginal cost function of a company is given by MC 5+x, and the cost of producing 2 umits is 712...

A: Fixed costs are costs that do not change when sales or production volumes increase or decrease.Fixed...

Q: Determine the maximum amount that could be loaned at 8% interest if it is repaid as follows: (Draw t...

A: The payment is different in different year and the maximum amount that can be given as loan will be ...

Q: 9- Given that, the opportunity cost for producing 1 million kg of shrimps for island A is 1.5 millio...

A: Opportunity cost is the next best alternative , or we can say loosing one opportunity for the gain o...

Q: The theory of comparative advantage: O a. Claims that economic well-being is enhanced if each countr...

A: Economic comparative advantage is the ability of a country to manufacture a specific product or serv...

Q: Rogue Industries reported the following items for the current year: Sales = $3,000,000; Cost of Good...

A: Gross profit is the profit a business makes after subtracting all the costs that are related to manu...

Q: ! Show Full Solution ! *using DEFERRED ANNUITY FORMULAS ONLY! *use given data below Answer: 100,701....

A: The answer is given below

Q: Are these answers correct? The question is attached as a photo x) This statement is true. If the cr...

A: Cross elasticity of demand refers to the degree of responsiveness of demand for one good due to a ch...

Q: 12 of 15 Which one of the following statements regarding the price-setting curve is true? O If labou...

A: The curve for determining prices Curve for determining prices When enterprises set their profit-maxi...

Q: Question 7: (a) Provide the definition of "Unemployment". Click or tap here to enter text. (b) Descr...

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for yo...

Q: part C D i need it in words  not hanndwritten

A: There are two preferences for Marcus for meal one is meal offered at $1.5 (Px) per meal in  super ma...

Q: 1. Show on a single diagram, given a competitive market, how an increase in demand will provide the ...

A: Answer 1. A competitive market is one in which several producers compete with one another in order t...

Q: Define the following terms: Law of demand Law of supply Ceteris paribus Complements Substitutes Pric...

A: The social science of economics is defined as "the study of the production, distribution, and consum...

Q: Consider two neighboring island countries called Felicidad and Bellissima. They each have 4 million ...

A: Disclaimer :- as you posted multipart questions we are supposed to solve the first three questions a...

Q: What does the number of buyers affect?    A. all individual supply curves  B. the market supply cur...

A:   Meaning of Demand and Supply: The term demand refers to the willingness of an individual to purcha...

Q: draw a general demand curve and label it D. Then shift the curve to the left or the right depending ...

A: Let the general demand curve and it is shown in the graph below

Q: 4-19. In 2014, the average debt for college student loans is $32,300. This amount to a $300 monthly ...

A: Given: The loan amount is = $32,300 The monthly payment amount is = $300 Repayment loan period = 10 ...

Q: Think of an economy with a Malthusian demographic relationship, and with a production function of Y ...

A: The sum of all value-added in a given economy is known as the Gross Domestic Product (GDP). The valu...