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A: According to the question ; Q(P) = 100 - 0.75 P MC (Q) = 7Q2 - 3Q + 6 or Yearly Market Demand : Q =...
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A: Demand and supply are two very economic forces in economics which help in determining the market con...
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A: Labor is an input that produces goods and services by converting the inputs into output. It means th...
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A: The answer is - d. None of the choices.
Q: What are the two main problems that have caused the demise of the command systems?
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A: Given The production function for conchas q=10L1/2K1/2 .... (1) Cost of capital r=$5 per ...
Q: 21 Consider the following demand function: x* = 2P+3Py Calculate the (own) price elasticity of deman...
A: Own price elasticity measures the percentage change in quantity demanded of good when price of the g...
Q: If the minimum wage is set below the equilibrium wage rate, then the following will hold true: A) W...
A: Minimum wage is definer as the least amount of wages that the producers have to pay to the workers f...
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A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a...
Q: What is one challenge you may face when trying to "barter" for goods? Why would you face that challe...
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
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A: Recession: It is one of the phases of the business cycle, during the recession employment will be re...
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A: The Phillips curve shows the inverse relationship between two variables that are inflation rate and ...
Q: 3
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A: Reservation Price is the maximum price that the buyer is willing to pay for the widget. A buyer will...
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A: The marginal rate of substitution or MRS. implies to the rate at which one good can be substituted f...
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A: . Aquaculture is the farming of aquatic animals or plants under controlled conditions, including bre...
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A: Under the fractional reserve system, banks keep certain part of the deposit as cash or reserve and l...
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A: Answer to the question is as follows:
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A: Here, given information is: C=150+0.90YD I=130 G=150 T=90 Using the given information, one can cal...
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Q: Q1. Consider a Cobb-Duglas utility function: log U = log A +a log X1 +b log X2 Given the prices of c...
A: a. MU1=ax1MU2=bx2MRS=ax1bx2=p1p2⇒p1x1=abp2x2From Budget constraint,p1x1+p2x2=M⇒(1+ab)p2x2=M⇒x2(p1,p2...
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A:
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A: To find : Who is founder of classical school.
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A: Increase in investment = 100 $ MPC = 80% or 0.8
Q: Suppose that the labor cost of Conchita-crem is $20 USD per hour, and the cost of capital is $5 USD ...
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts f...
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A: a. The elasticity of resource demand is determined by whether or not the resource has close substitu...
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A: Opportunity cost is the value of the next best alternative/option which is forgone.
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A: r= 0.5 Y0= $250,000 Y1= $0
Q: 2. What is the future equivalent of Php400000 invested at 3% simple interest per year for 514 years?
A: Introduction Principal amount = php 400000 Interest rate = 3% = 3/100 = 0.03 Time period = 514 = 5.2...
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A: Note: We will answer the first question since the exact one was not specified. Please submit a new q...
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A:
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A: Given: Tax cut=$8 billion Saving=17% Spending=83%
Give the Positive and negative impacts of Gmo's in social
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- 5. Write PESTEL Analysis of Taiwan for restaurant businessExplain about the environmental Kuznets curve (the picture that has been provided).Because of the problem of second-hand smoke, if unregulated, the market for cigarettes would produce a quantitythat is too_________ at a price that is too_________when compared to the socially optimal results.Alow; lowBhigh; lowClow; highDhigh; high
- How have subsidies contributed to non-sustainable forestry in US and Canada?Tradable pollution permits a. set the price of pollution. b. set the quantity of pollution. c. determine the demand for pollution rights. d. reduce the incentive for technological innovations to further reduce pollution.List at least two (2) ways that the federal government aids farmers in the United States.