How and why does private monopoly occur and why does regulations take place.

Q: Suppose that the inverse demand for eggs is P = 12 -0.01Qd, and the inverse supply of eggs is P = 2…

A: The market is in equilibrium when quantity demanded is equal to quantity suppled, that is at the…

Q: d. What is the firm's total variable cost at this level of output? e. What is the firm's fixed cost…

A: A perfectly competitive market is a theoretical market formation where all companies offer…

Q: 18.8 percent. 25 percent. 12.5 percent . 16.7 percent..

A: The unemployment rate is the total no of people who are unemployed relative  to the total number of…

Q: Graph a typical indifference curve for the following utility functions, and determine whether they…

A: A consumer's preferences are graphically represented by an indifference curve.It displays several…

Q: Specify the market entry mode that Mecca Cola used to enter the global market?

A: Global market is a place where the people of different countries indulge in the trade of goods and…

Q: A man took loan of PhP 65,250 from HSBC Bank. If the rate of interest is 9% p.a., then what will be…

A: Compounding refers to the process of generating interest on a principal amount, and then adding that…

Q: In a perfectly competitive industry, firms are likely to Multiple Choice A.) exit when there are…

A: Introduction When there are numerous buyers and sellers, perfect competition results in prices that…

Q: 2. Given below are data for 2018 and 2010. Answer based only on the information given. a. Are…

A: CPI is the consumer price index.  This shows the change in price level as compared with the base…

Q: In case of a surplus to attain re equilibrium: Select one: a) securities should be bought from the…

A: The money market is a regulated market wherein people loan and borrow brief, elevated financial…

Q: Pfizer, an American multinational pharmaceutical and biotechnology corporation just signed a…

A: A volatile exchange rate is one that fluctuates frequently and unpredictably. In this case, the…

Q: The controller of Carla Vista Industries has collected the following monthly cost data for analyzing…

A: The regression equation is given as:  Y = α + βX + εWhere α : intercept coefficient β : Slope…

Q: What is the amount of the quarterly deposits A such that you will be able to withdraw the amounts…

A: Given that there are withdraws of $1000 in the fourth period and $2800 in the eighth period.…

Q: b. What is the equilibr The equilibrium prie

A: The demand curve depicts the inverse relationship between price and quantity demanded.  Equilibrium…

Q: For the demand schedule shown below, what is the price elasticity of demand? Price Quantity…

A: Elasticity measures the percentage change in quantity due to percentage change in price.  The demand…

Q: On may 1,2015 the yen/dollar and euro/dollar exchange rates were ¥120.15 and €0.8929, respectively.…

A: The exchange rate is the rate at which one currency is exchanged for another currency.  yen/dollar =…

Q: If a nation imports a good when the economy is opened to trade, the domestic price of the good will…

A: Trade is the offering and taking of goods and services between nations or between people. It is the…

Q: A county will invest $4,200,000 to clean up a chemical spill that occurred following a natural…

A: Benefit/Cost Ratio. Measure determined by dividing the incremental monetized benefits connected with…

Q: Assume that good Z is an inferior good for a consumer. If the consumer's income increases, then A.…

A: “Since you have posted multiple questions, we will provide the solution only to the first question…

Q: Solve for Q.  If Q = 58 + 15p -20pf, what is Q if pf is $5

A: Demand curve is the downward sloping curve.  Supply curve is the upward sloping curve.  Law of…

Q: An investment of $1,090,000 today yields positive cash flows of $200,000 each year for years 1…

A: The discounted payback period (abbreviated as DPBP) will be computed with the consideration of…

Q: A Collage student borrowed $5,000 on August 1 from the bank and must repay a total of $5,300 on July…

A: Interest is charged on the borrowed money.  The interest rate is charged per period. The interest is…

Q: What best describes a base year? Select one: a) The year of comaprison b) The next year c) A…

A: The first year in a series for an economic or financial indicator is called the Base year. To keep…

Q: 5. What is unemployment? What are the four types of unemployment?

A: The labor market explains the various trends in the production process in the economy. It explains…

Q: The following currency rate: C$1.2948/$ is ..   A direct quote from the perspective of the U.S.…

A: The exchange rate states the value of one country's currency in terms of another country's currency.…

Q: XYZ Inc is looking at a project to manufacture widgets. Assume we have the following data: • The…

A: The Net Present Value refers to the popular capital budgeting technique that attempts to evaluate an…

Q: Give two areas economists focus on when judging ‘economic development’.

A: Economic development is basically the long term aspect of rising growth, resources allocation,…

Q: 1. Joe Bob has a utility function given by u (x₁, x2) = x² + x3 + 2x1x2. (a) Compute Joe Bob's…

A: Utility function and marginal rate of substitution: The utility function gives all points of…

Q: Example of microeconomics business

A: Microeconomics is a subfield of economics that examines how people and businesses behave and make…

Q: 6. Average real incomes in Dominica last year increased by 4 percent, while taxi ridership went up…

A: Income elasticity measures the responsiveness of quantity demanded to changes in the income levels.

Q: 5. Consider a game in which two players, Fred and Barney, take turns removing matchsticks from a…

A: According to the game theory, a player's strategy is any of the ways they decide in a setting where…

Q: As the supervisor of a facilities engineering department, you consider mobile cranes to b critical…

A: CAPITAL INVESTMENT: Alternative A = $272,000 and Alternative B = $346,000 ANNUAL EXPENSES:…

Q: Should There be a Market for Kidneys? People are born with two kidneys, but they usually need only…

A: A market is a place, virtual or physical, where buyers and sellers come together in order to…

Q: Consider a Cournot duopoly with a demand function of p=10-Q (where Q=9₁ +9₂) and a constant marginal…

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

Q: An efficient market for risk, such as an insurance market, is MOST likely to exist: a. when the…

A: The expected returns from an investment is consistent with the risk of that investment in an…

Q: Bangladesh exports shirts, the making of which is labor-intensive, to the United States. The likely…

A: Labor-intensive refers to the production process of goods and services that require a large amount…

Q: Answer: Investment #2 is better by $7,855.88!, You have to choose between 2 investments. The first…

A: According to a set number of years and a certain discount rate, present value represents the value…

Q: Suppose Musashi buys a new tool that enables him to produce twice as many tea towels per hour as…

A: Opportunity cost is the cost of producing one good in terms of other.  Comparative advantage is when…

Q: Convert the cash flows shown below (black arrows) into an equivalent annual worth A in years 1…

A: For computation of  A for the cash flows, first convert all the cash flows to a P value in year 0,…

Q: You are a manager in charge of monitoring cash flow at a major publisher. Paper books comprise 70…

A: Price elasticity of demand: It measures the percentage change in the quantity demanded for a 1%…

Q: Why do some economists believe that it may be necessary to live with a certain amount of inflation…

A: When the general price level of goods and services rises in an economy, it is said to be inflation.…

Q: 7. In an integrated world financial market, a financial crisis in a country can be quickly…

A: Since you have posted multiple questions, according to the guidelines I will answer question number…

Q: 6. An investor paid Php1,100 for a Php1,000 bond that pays Php40 a year. In 20 years, the bond will…

A: PV of the bond is 1100 FV of the bond is 1050 Number of years = 20 PMT (coupon) = 40

Q: You want to divide students into pairs who will share a 2-bedroom apartment for the coming year…

A: Given information There are 2 bedroom apartment There are 3 students The condition required to…

Q: A distributor of fasteners is opening a new plant and considering whether to use a mechanized…

A: The point of indifference, also known as the breakeven point, is the level of production or sales at…

Q: Assume that a country’s economy is in a short-run equilibrium and the actual unemployment rate is…

A: A recession is the period of time when the economy has drastically slowed or contracted. A recession…

Q: Which strategies are the dominant ones for Spotify and Joox?

A: Dominant Strategy is the strategy chosen by players that gives them the highest payoff. It is the…

Q: * The Mexican Pere har weakened considerably relative to the dollar and you are trying to decide…

A: Exchange rate: The exchange rate is of two types- nominal and real The nominal exchange rate…

Q: A prisoner is trying to escape from jail. He can attempt to climb over the walls or dig a tunnel…

A: Normal and Extensive form game: In the normal form game, the payoffs are shown using a matrix with…

Q: 1. What is the optimal allocation of each of the goods within budget? 2. What is the marginal rate…

A: Disclaimer: - since you asked multipart question, we are solving 3 subparts as per guidelines. If…

Q: What is the intuition behind the assumption that production functions are characterized by…

A: When the quantity of a single production element is progressively raised while maintaining the same…