Goods that are inherently non-excludable and unrivalled are referred to as

Q: A firm has this cost function: C= 1000-4Q+5Q2. The firm is currently producing 3 units of its…

A: Given cost function: C = 1000 - 4Q + 5Q2 and the firm is currently producing 3 units of its product.

Q: The transmission mechanism for contractionary monetary policy implies that:   a.     Australian…

A: The transmission mechanism is the cycle through which monetary policy choices influence the economy…

Q: What are the functions of central bank in developed economies?

A: A central bank is a national institution that offers banking and financial services to other…

Q: Draw a production possibilities model with four points labeled ABCD one inside two on the outside…

A: Production possibilities model with four points labeled ABCD one inside two on the outside the…

Q: E3 Economies of scale occurs in the long run when, as output increases and ... Group of answer…

A: Economics of scale occurs in the long run when the average total cost falls as an increase in…

Q: 1. V p her de so and the US dollar les d Al pr i Be der eine reine d Chappreciated recited Di de ani…

A: An exchange rate is a rate at which one currency will be exchanged for another currency.

Q: Assume that the price of oranges is $2 and the price of starfruit is $1.  You have $10 of income to…

A: utility is the satisfaction derived from the consumption of goods and service . Total utility TU is…

Q: U7

A: The macroeconomic health of an economy can be identified by examining the three main goals of…

Q: Please help with part D

A: A Pareto efficient allocation is one in which one party can be made better off only at the cost of…

Q: Use information from paragraph 4 to answer the following question. Before the Progressive Era, many…

A: When talking about progressive tax, it can be said that it is the tax that is directly related to…

Q: Use supply and demand curves to illustrate and explain how each of the       following events would…

A: Note:- Dear learner you have posted a question with multiple sub parts, as per our policy we have…

Q: Two hunters may choose, individually and simultaneously, to go deer hunting, as the deer can provide…

A: The game above is a stag game wherein both players can coordinate for a higher hunt or can work…

Q: Suppose the market supply curve in a competitive market is given by is Q-2p-10. At a price of 315,…

A: Meaning of Competitive Market: The term competitive market refers to the situation under which the…

Q: Explain what is meant by the expression "robust model. Specifically, what would you tell a manager…

A: robust model A model is said to be robust when the output generated by the system is accurate…

Q: E1 Find Bertrand equilibrium and its outputs for the following asymmetric duopoly: q 1(p1, p2) = 16…

A: In Bertrand equilibrium, each firm sets price equal to marginal cost in order to maximize profits.…

Q: f the sole employer in a market is a monopsonist, the equilibrium number of workers hired will be…

A: In a monopsony market, the monopsonist firm — like any profit‐maximizing firm — decides the balance…

Q: Discuss the importance of studying macroeconomics from business perspectives.

A: Economics is the study of allocating the scare resource in the most efficient way. The study of…

Q: Based on the data, answer the questions. Earner Sally Pat What is Sally's tax rate? 38% 33% 28% O…

A: The formula that we use to calculate the tax rate is: Tax Rate = Amount of Tax PaidTotal Income x…

Q: Question C2: In modelling the demand for soccer using match-level data, explain the distinction…

A: The difference between a match's absolute and relative quality can be easily distinguished. While…

Q: Q2. Anna and Ben are deciding what do at weekend. The matrix below shows the payoff in units of…

A: Given  Game matrix:   Ben sports Movie Anna Sports  10,20 3, 10 movie 3, 7 4, 9 This…

Q: Distinguish between nominal and real exchange rate in an open economy. Explain with the aid of a…

A: The rate at which one currency will be exchanged for another is known as the exchange rate. It is…

Q: Suppose the economy is initially in a long-run equilibrium. Using the AD-AS framework, show…

A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…

Q: What is demand

A: The price of the good and the quantity desired of the good have a negative connection, in accordance…

Q: Can you change the payoffs in the table to the right so that the firms choose to invest in safety?…

A: Nash equilibrium thinks about the issue according to the neighbourhood viewpoint, intending to…

Q: 4. (Chapter 10) A town in northern Colorado is planning on investing in a water purification system.…

A: A cash flow diagram is a monetary instrument used to address the sources of income related with a…

Q: What does it mean that money has a time value?   Question 17 options:   A sum of money keeps the…

A: Risk, return and inflation are the factors which affects the value of money over period of time. The…

Q: Determine and write in the space provided whether each of the following statements is true, false,…

A: GDP: It refers to the gross domestic product of the economy. The increase in the GDP shows the…

Q: BestDeal.com and CrazySavings.com are two online retailers with free return policies. They sell the…

A: Equilibrium price is the point where both supply and demand curve intersect each other.

Q: part-d: What is the Federal Reserve System (FED)? What role does the FED play in the US?…

A: Disclaimer :- Since you asked multipart question we are solving only 1st 3 subpart as per guidelines…

Q: In general, How to recover from the Great Depression?

A: Depression is a severe and prolonged reduction in  economic activity in an economy. A depression is…

Q: Money is not an economic resource because:    a. Money, as such, does not produce anything.    b.…

A: According to economic definitions, money is a good that acts as a store of value and a means of…

Q: Quincaillerie is a small family hardware store in Paris, France. The owners must use every square…

A: We have show that The business impacts due to manual reordering are as follows: i) Difficulty…

Q: A friend offers you a free ticket to a concert, which you decide to attend.  The concert takes 4…

A: Cost for You  to conecrt =$0 (beacuse it is paying by your friend) But transporatation cost you =$15…

Q: a change in the price of a commodity can generate income and substitution effects.

A: *Answer:  Substitution effect:-   The substitution effect is the decline in a product's sales which…

Q: Five years ago, an industrial engineer deposited $10,000 into an account and left it undisturbed…

A: The formula used for the below calculation-   The equation for working out the future worth is as…

Q: What is stock exchange

A: Capital is a very important factor while setting up any business. Capital refers to the amount of…

Q: Which of the following statements is true about the difference between monopoly and monopolistic…

A: A monopoly business model is what is going on where there is a solitary vendor on the lookout. In…

Q: two nations (1 and 2) which have the same technology but different factor endowments and tastes, (2)…

A: The Heckscher-Ohlin theory This theory or model aids in detecting international commerce by…

Q: Discuss the key. Concept of value creation in the context of banking

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

Q: An economy is said to achieve “full employment” when:   a.     The unemployment rate is equal to…

A: "Unemployment in an economy means those people of labor force in an economy who are willing,…

Q: The figure below shows the demand (D, MR) and cost (MC, ATC) curves for six oligopolies in the…

A: Please find the answer below.   MARKET DEMAND CURVE: The demand curve is a graphical representation…

Q: answer the question based on the following payoff matrix for a duopoly in which the numbers ndicate…

A: The duopoly is a part of oligopoly market structure where only two firms exist in the market.

Q: Please complete the following sentence. Monopolistic competition and perfect competition differ…

A: Monopolistic and Perfect Competition have similar features but are different. Monopolistic…

Q: Consider the following game in normal form.     Not cooperate Cooperate Not cooperate 20,20…

A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…

Q: Which of the following statements best describes the relationship between Economic Growth and…

A: Economic Growth refers to the increase in the GDp of a country over a period. It is characterized by…

Q: What is meant by flexibility in economic terms?

A: Meaning of Economics: The term economics refers to the situation under which there remains…

Q: Suppose the government decides to impose a rent control policy. The government sets a maximum price…

A: Please find the answer below.   EQUILIBRIUM: Economic equilibrium is a condition or state in which…

Q: Using AW analysis. Texas Popcorn Corporation is planning to fully automate it process. The company…

A: To solve for above problem we take repeatability assumption , which implies the repurchase of the…

Q: Many legal structures are designed to either encourage or limit trade. True or false?

A: Trade  The voluntary exchange of commodities or services between various economic entities is…

Q: If new firms enter a demand curve will monopolistically competitive industry, an individual firm's…

A: Monopoly refers to the market economy where only one firm enjoys the market power. It sets the…