how can globalization help the poor?

Q: The adverse selection problem is least likely in which of the following occupations? explain…

A: An adverse selection problem refers to a situation in market where sellers and buyers owns different…

Q: A consumer who maximizes utility enjoys eating free hot dogs. Calculate the consumer's marginal…

A: Marginal utility refers to the economic tool to analyze the additional satisfaction obtained by a…

Q: What is one explanation for why this labor supply curve is upward sloping? O The opportunity cost of…

A: Equilibrium in labor market depends on the demand and supply of labor. The shape of the labor supply…

Q: Using the details listed below, respond to questions 1 and 2. Okun's Law, which outlines the…

A: According to Okun’s law, there is a definite correlation between GDP growth and unemployment. Okun…

Q: 1.  In a bank's business operations, at what point does the money supply increase? (Banks create…

A: Disclaimer: - Since you asked multipart question, we are solving only first 3 parts as per…

Q: A man expects to receive P29,194 9 years from now. How much should he invests for three consecutive…

A: Given  Future worth (9 years from now) =P29,194 Rate of interest (i)= 0.204 Suppose he invests x for…

Q: Express covariance between two variables for a given third variable in terms of conditional…

A: covariance refers to a measure of the relationship between 2 random variables. In other words, we…

Q: 4. Compute and interpret the point elasticity of market supply of palay as price increases from Php…

A: Price QS in Lunzon Qs in Visayas Qs in Mindanao 20 11 3 4 25 12 3.5 4.5

Q: Consider a competitive industry with a market demand curve of P = 121 – Q, where P is market price…

A: In a perfectly competitive industry, there are large numbers of firms and firms are price takers,…

Q: Why doesn't the firm use mixed bundling? Internet $110 $60 $60 Consumer 1 Consumer 2…

A: Price bundling refers to making the combination of two different price levels and charging the…

Q: From the following data relating to a form call Mark calculate net value added at FC. Subsidy = 40…

A: As the net value of the output produced in an economy, the net value added at factor cost of a…

Q: In a certain city the promotion of tourism in the city is being considered. It will cost $6,000 to…

A: Cost-benefit analysis studies the combination of various benefits and cost levels. It states whether…

Q: In the Plantation economy model, the Golden Age exhibited which one of the following…

A: The Plantation Economy Model is defined as a model which is based on the mass production of…

Q: A Company's stock currently pays a dividend of $5 dollars per year and you expect that dividend to…

A: Stock price is given by the formula : -  Price = Dividend i - g  i = interest rate  g = Growth rate…

Q: Transference Wage as posited by Sir Arthur Lewis is: a. Subsistence Wage with a large premium…

A: Sir Arthur Lewis draw on the idea of how unlimited labour supply was available at subsistence wages…

Q: The subprime mortgage crisis of the mid 2000s in the USA was a result of ... a. Increasing…

A: Subprime mortgages refers to the mortgages to borrowers that would not qualify for prime mortgages…

Q: Anne made an investment of P8,000,000.00 and earns a yearly gross income of P5,000,000.00. The…

A: Opportunity cost is the cost of sacrifice that an investor has to bear for leaving/not accepting the…

Q: From the demand function Qdx = 12 – 2Px (Px is given in dollar), derive: (a) the individual’s demand…

A: Demand function refers to the algebraic expression reflecting an association between the two…

Q: 4.  If the Required Reserve Ratio (RRR) is 1/10, all banks except one have no excess reserves to…

A: Money supply means to the total amount of money of all types ( currency as well as demand deposits)…

Q: B1: Interpret these Graphs: Name the top 2 items causing inflation per graph. Inflation continues to…

A: Inflation is a phenomenon that occurs when there is a considerate rise in the price of the products…

Q: A high-tech material handling system was offered by a supplier to a large automobile manufacturer.…

A: Given  The initial cost of the system = Php 1,000,300,000 Per year saving in labor manual =Php…

Q: Engr. Gundran wishes his son to receive 10,813 10 years from now. What amount should he invest if it…

A: Compounding is the phrase used to explain how the interest that is generated on both the principle…

Q: Suppose a firm’s inverse demand curve is given by P  = 120  - .5Q and its cost equation is C  = 420…

A: Optimal price / quantity and profit for a firm: A firm always try to maximize its profits given the…

Q: Choose the correct equation of GDP If Y, C, I, G & NX respectively stands for GDP, consumption,…

A: GDP (Y) as per the expenditure approach will take into consideration the sum of all final items and…

Q: A Cooling Tower initially costs P16,450 and has a salvage value of P880 at the end of its economic…

A: Given information Initial cost=P16450 Salvage value=P880 Life=7 year Interest rate=0.068=6.8

Q: 105. If we know that the price elasticity of supply of eggnog is 3 and that the price of eggnog has…

A: Elasticity is the concept used by economists to measure the responsiveness of supply/demand to…

Q: Under both perfect competition and monopoly, a firm will: shut down in the short run if price falls…

A: In a market structure, buyers and sellers get together to negotiate the terms of the commodities and…

Q: As a basic rule of thumb, business owners should differentiate their products as much as possible…

A: The purpose of product differentiation is to get a competitive advantage or make your product…

Q: Because the firm's marginal cost curve determines the quantity of the good the firm is willing to…

A: In perfect competition ,  There are various nos. of buyers and sellers.  They all sell identical…

Q: Vhee Ayar lives alone in a computer lab where it spends 10 hours per day producing spurious orside…

A:

Q: Villagers each have $1,200 to invest in either cattle or a government bond. They will sell either at…

A: The social welfare level includes both the externality and the private benefits. The social welfare…

Q: Only typed answer  Two firms H and L have discrimination coefficients dH and dL, where dH > dL.…

A: The discrimination coefficient describes the situation where an employer believes hiring workers…

Q: an group. are about what is right and what is wrong, acceptable or unacceptable to a particular The…

A: Part 1 The concept depicting what is right and what is wrong as well as what is acceptable or…

Q: ENGINEERING ECONOMICS 1. A company issued 50 bonds of P1000 face value each, redeemable at par at…

A: First of all, we have to know the term redemption. Redemption is actually the repayment system of…

Q: (1) Case 1: price of ball pen in the world market Pw = PhP10/piece while domestic price is Po=…

A: Given that: World price = 10 Domestic Price= 15

Q: Consider a Diamond model with no technology growth (g = 0), a Cobb-Douglas production function Y = K…

A: Given the utility function is in logarithm function. U=log C1+β log C2β--- is discounted valueC1---…

Q: The results of a "check all that apply" question is best displayed as a pie chart. True False

A: A pie chart, often known as a circle chart, is a visual representation of the various values of a…

Q: Two firms H and L have discrimination coefficients dH and dL, where dH > dL. Briefly explain the…

A: Discrimination is the concept used in the labor market where workers are paid different wages as per…

Q: Suppose that the nation of Costa Rica produces Coffee and Bananas. Below are the possible…

A: Opportunity cost is the value of an economic activity that is sacrificed to perform another economic…

Q: On the diagram sample (a) show the effect of a decrease in interest rate on equilibrium on Goods…

A: The combinations of Y(output) and i (interest rate) at which there is an equilibrium in goods market…

Q: The discount rate is the interest rate the Fed charges on loans of reserves to banks. The federal…

A: In the federal reserve system, discount rate I the rate at which Fed lend money to commercial banks,…

Q: A cement grinding mill "X" with a capacity of 48.072 tons per hour utilizes forged steel grinding…

A: Total cost is defined as the  overall costs that are incurred for producing the desired output in a…

Q: 6. Two identical firms that have the cost function C(q) = 4q, where j = {1,2} are competing in a…

A:

Q: Why does the marginal revenue declines as a monopoly sell's more.

A: Monopoly is a form of market structure in which a single firm sells a commodity for which there are…

Q: A P1000, 6% pays dividend semiannually and will redeemed at 110% on June 21, 2004. It is bought on…

A: Yield to maturity (YTM) refers to a rate of interest that will be applied to discount the bond's…

Q: AARON Capital Investments Corporation was offered a business proposal. The details of the proposal…

A: Cash inflows are the cash flows that shows the benefit or income to the investor.  Cash outflows are…

Q: 3- Sam, Ram, and Cam all like only Apples and Oranges. Sam's utility is of the form U = √A.O; Ram's…

A:

Q: 1. Suppose the households in a hypothetical economy has the following consumption function C = a +…

A: In the equilibrium  Y = AE Y = C + I Y = a + cYd  + I - br Yd = Y - T      T = tY Yd = Y - tY =…

Q: What are the objects of public debt?

A: Government commitments, particularly those indicated by securities, to pay specific sums to holders…

Q: The Terra Max truck currently being manufactured by Oshkosh Truck Co. is a driverless truck that is…

A: The present value of a sum of money in the future is its current value. A sum of money or a series…