how does a firm behaves in monopolistic competition and  explain the outcomes for the firm in the short run and in the long run.

Q: analyses the impact of government legislation on human resource management strategies.

A: government legislation laws influence human resources management on the board on a public level,…

Q: Consider the following market for thingamabobs: Figure 3 14- 12+ D 10 20 30 40 50 60 70 If a $2 per…

A: The term “equilibrium quantity” refers to when a product's supply and demand are equal. The supply…

Q: Consumption function C = 32 +0.8 Y. a. Create saving function b. How much is consumption when…

A: The aggregates are part of macroeconomics. The C is Consumption, S is Savings and Y is Income. The…

Q: What are the main differences between Fisher’s and Friedman’s theory of the demand for money?

A: Fisher's approach of demand for money is the price of a commodity, the importance of money is…

Q: Why is it important for decision-makers in a county council to take cost-effectiveness into account…

A: A cost-effectiveness analysis is a method of comparing a program's expenses to its major outputs or…

Q: 5. The money creation process Suppose First Main Street Bank, Second Republic Bank, and Third…

A: * SOLUTION :-    From the given information the calculation is given as ,

Q: When negative externalities are present in a market Group of answer choices private costs will be…

A: A negative externality is found where the production or utilization of an item brings about an…

Q: How much total profit will the firm make at the profit-maximising level of output?  A) £40   B) £16…

A: Quantity AC MC AR MR 100 3.20 3.00 3.00 3.00 200 2.80 2.80 3.00 3.00 300 2.84 3.00 3.00 3.00…

Q: Define and explain the role of labour by means of trade union federation involvement in NEDLAC

A: When talking about NEDLAC, it is the trade union in the South Africa to deal with issues related to…

Q: Justify how DStv has been regarded as an example of a monopoly with nature of product

A: The market is a location where the transaction of services and commodities takes place. It is…

Q: A business needs an immediate capital of 145,000. If the annual operating maintenance cost of the…

A: Given capital = 145000 Annual maintained cost = 90000 Annual rate of interest = 15 %

Q: Cash Flow Diagram. Show your complete solution and box your answers. Construct a cash flow diagram…

A: Cash Flow at Year 0 = -19000 Cash Flow at Year 1-4 = 8100

Q: Planning for a major redesign, Itumeleng collected data at her store on several consecutive…

A: She has to learn more about the framework's rules of behavior. It should first determine whether she…

Q: Q1. Firms in oligopoly must constantly think in terms of how other firms in the industry will react…

A: Market structure alludes to how various businesses are ordered and separated in view of their…

Q: 1. Consider a static economy. There are neither government spending nor taxes. The total amount of…

A: The perfect competition represents a market structure where competition is at its greatest possible…

Q: Which of the following is considered when calculating economic profit but not accounting profit? a.…

A: Cost refers to the amount or equivalent paid or charged for something

Q: Tiva has a crafts store that makes jewelry using beads (B) and copper (C). Her production function…

A: Given  Production function: Q=B0.4C0.4                .... (1) Where B denotes beads and C denotes…

Q: Question 13 The price level in the general is more flexible downward than upward. OA) true O B)…

A: In an economy, price level refers to the market value of goods and services according to the demand…

Q: Mathis Wackernagel and his colleagues at the Global FootprintNetwork continue to refine the method…

A: The growth that depicts an increase in the production of services and goods in the economy is known…

Q: New species are currently being discovered and named at a faster rate than at any time in the…

A: Wildlife conservation refer to protecting animal and plant species and their habitats. This is…

Q: How can economic growth be stimulated according to Keynes? Through anticyclical fiscal policy…

A: Keynes was in favor of using demand-side economics in order to stimulate economic growth. Keynes use…

Q: Kariega is a small town in the Eastern Cape, surrounded by automotive industry giants such as…

A: There are many variables that we can take into consideration for the manufacturing of vehicles: 1-…

Q: What steps would we need to take to develop renewableenergy sources enough to largely replace fossil…

A: Meaning of Economic Development: the term economic development refers to the situation under which…

Q: Analyze and compare fiscal and monetary policy in order the generate macroeconomic stability. Which…

A: The branch of economics that deals with the economy as a whole taking into account employment,…

Q: The equilibrium price of a good is $25 with no price controls.  If a price ceiling of $21 is…

A: A price ceiling is an administration or gathering forced value control, or breaking point, on how…

Q: suppose that the demand for a product is 2000 per year, and the items are withdrawn uniformly. The…

A:

Q: what happens to the natural rate of unemployment in response to the following events? Explain 1. the…

A: Natural Rate of Unemployment: The natural rate of unemployment can be defined as the the lowest…

Q: Suppose we have a consumer with utility U(X,Y) = 3X + 2Y. She has income M = $200 and faces prices…

A: The linear utility function shows that goods are substitutes

Q: Q)Current Issues of economic diversification and privatization in the least developed countries?

A: When talking about economic diversification, it can be said that it is the cause of free trade and…

Q: What is the circular flow of economic activity a model of? O the movement of goods, services, and…

A: Throughout its most basic version, the circular flow of economic activity model attempts to analyse…

Q: LAS LASO SASI # SASO Real GDP SAS1 Real GDP Real GDP Figure C Figure D In the above figure, which…

A: The aggregate supply is the total amount of services and commodities that firms in an economic plan…

Q: Examine the graph below. The firm is experiencing decreasing returns to scale between points SRATCS…

A: There are three types of return to scale Increasing Return to scale Diminishing return to scale…

Q: Video streaming service Netflix is expanding rapidly around the globe. It is currently available in…

A: Market sales potential is the highest level of sales that might be available to all organizations…

Q: Explain how both liberal and conservative economists believe that immigration has a net positive…

A: Conservatives naturally prefer free markets and believe government interventions in these markets as…

Q: You are so lucky to win NOK 5 million in LOTTO. (A) How does this affect the gross domestic product…

A: The sale or production of final products and services is not represented by lottery prizes. As a…

Q: Derive Ryan's demand function for q₁, given his utility function is U= (9₁) P + (92) P₁ where o Let…

A: Given  Utility function: U=q1ρ+q2ρ              ....(1) The price of q1 is p1 and price of q2 is p2.…

Q: Ten years ago, you deposited P5400 per month. You made the deposit for 6 years and then stopped. 4…

A: Given:- Deposited ten years ago=P5400Deposited for time=6 YearsEstablished belt and nut factory=4…

Q: Assume the following model of the economy: Y = C + I + G C = 120 + 0.5(Y - T) I = 100 - 10r G =…

A: Given information,  Y = C + I + G C = 120 + 0.5(Y - T) I = 100 - 10r G = 50 T = 40 Md = Y - 20 r Ms…

Q: In Figure 7.13, show that there are wage and cost of capital services such that the firm is…

A: Wage expense refers to the cost generated by a firm to compensate employees and contractors for work…

Q: D3) Assume Ms. Hautale  an investor is interested in embarking on property investments in the…

A: An investment is the purchase of an asset with the expectation of a future return or other income…

Q: What is the difference between legality and intention?

A: The legality and intention are all the terms to make a contract legal. The contract will only become…

Q: uppose that the quantity demanded falls by 31.7 percent when the price increases by 10.6 percent.…

A:

Q: Assume that it takes 2 hours of labor to produce a unit of good X and 6 hours of labor to produce a…

A: The next best alternative is commonly referred to as opportunity cost. It's also known as the…

Q: Analyze fiscal policy in order the generate macroeconomic stability. Which kind of economic measures…

A: Introduction The Govt budget, and the nation's reducing poverty efforts, should be funded in a…

Q: (Don't copy the answer)The current conflict in Ukraine has prompted talk of a possible embargo on…

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

Q: Exercise Two firms compete for market shares producing similar goods under imperfect competition.…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Draw an optimal consumption bundle which represents that consumers are willing to pay a greater…

A: The optimal consumption bundle is a collection of items that fit within a budget and provides the…

Q: True/False:  A monopolist will always be able to operate at a profit. Group of answer choices True…

A: A monopolist is a single seller, selling a product which does not have substitute in the market.…

Q: as an argument when consumer price index (CPI) is higher than GDP deflator? Prices of exported goods…

A: The Consumer Price Index estimates the general change in consumer prices over the long haul in light…

Q: As discussed in class, use your own words to compare the project fast-tracking and the project…

A: