How does oil play a role in the price of fertilizer?

Q: The speculative demand for money a. will always increase proportionally to the precautionary demand…

A: There are three types of demand for money 1. Transaction demand  2. Precautionary demand 3.…

Q: Efectly competitive firm has total revenue of $10,000 from its daily output. That output is the…

A: Average variable cost is defined to be as that cost which is known to be as the total variable cost…

Q: Compute Nominal and Real GDP in each year and find percentage changes in the GDP. (Use 2001 as base…

A: Nominal GDP is the value of final goods and services produced in the economy within a given period…

Q: 3- For each game below, determine and justify if the game is perfect recall. If the game features…

A: Given,  2 Players : I and II Player I has two strategies : a and b Player II has six strategies : x,…

Q: Suppose that the price-demand and the price-supply equations are given respectively by the…

A: Equilibrium level is where demand and supply are equal . It determines the price level and quantity.…

Q: In a closed economy, fiscal authorities are deciding between the two following alternative policies:…

A: In case of recession in the market the government takes steps to boost the market performance and…

Q: = 2. Two firms operate in the coffee market. Let ai, for i 1, 2, be the investment in advertising.…

A: Profit of each firm is a function of its own investment and other firm's investment too.

Q: 2. A production function is given by the equation Q = 100L04K0.6 Where L is the number of labour…

A: Given; Production function; Q=100L0.4K0.6 where; L= Quantity of labor units. K= Quantity of capital…

Q: Allocate the following transactions to the Kazakhstan Balance of payment below and fill it with…

A: The Balance of payment statement of a nation demonstrates whether it has a deficit or surplus of…

Q: Bertrand competition Model 20 ■ Substutable&Heterogeneous goods ■How to determine PÅ and PB? ■ price…

A: Introduction Here Akika is the massage machine with mommiko. And Bika is the massage machine with…

Q: Suppose that a company sells comic books for $3 and sells 30 million copies. If they were to raise…

A: Price elasticity of demand measures the responsiveness of change in quantity demand to change in…

Q: Suppose that the federal government increases spending on national defense . Using Mundell - Fleming…

A: The LM curve shows the positive relationship between interest rate and output. The LM curve slope is…

Q: a) The following information pertains to a consumption bundles (x₁, x2) and prices (P₁, P2) faced by…

A: Given information Cobb Douglas utility function U=X1a*X2b

Q: "Potential competition is sufficient to discipline the firms against ex- ercising market power in a…

A: Monopolies are defined in an industry as a single entity without close substitutes. An industry is…

Q: Consider the case of the following large country (all prices are measured in euros, and quantities…

A:

Q: Based on a study, the Lorenz curves for the distribution of incomes for bankers and actuaries are…

A: Given information Lorenz Curve function for Bankers: f(x)=110x+910x2 Lorenz Curve function for…

Q: What is the reason behind why the SRAS curve is upward sloping?     There are few unutilised…

A: The short-run aggregate supply curve (SRAS) depicts the positive relationship between output and…

Q: evaluate accelerate community development

A: During the past three decades, community development has been one of the most powerful social forces…

Q: Suppose the demand for oil is P=136Q-0.20. There are two oil producers who do not cooperate.

A: Given inverse demand: P= 136*Q-0.2 or P = 136/Q0.2 A cartel is like a monopoly and thus the optimal…

Q: Assume that a country is endowed with 2 units of oil reserve. There is no oil substitute available.…

A: * SOLUTION :-  Given that ,    Marginal willingness to pay for oil is  P = 8 - 0.61q Quantity= 2…

Q: Consider the following information for a monopoly: Q 3 4 5 6 7 8 R100 P R200 R180 R160 R140 R120…

A: Option (i) Marginal Revenue= Change in Total Revenue / Change in the output When Q=5, TR=P*Q…

Q: 8. The imposition of a tariff on imports by a small nation leads to a. An outward (towards the axis…

A: Since you have asked multiple questions, we will solve first question for you. In case you want any…

Q: a.)Suppose that labor is the only variable input in the production process. If the marginal cost of…

A: Note: You have uploaded two questions at a time . Hence, we shall answer only the first one for you.…

Q: Based on a study, the Lorenz curves for the distribution of incomes for bankers and actuaries are…

A: Lorenz Curve function for Bankers: f(x) = (1/10)x+(9/10)x2  Lorenz Curve function for Actuaries:…

Q: 9. If a large nation experiences growth of its abundant input, other things held constant, one would…

A: A production potential frontier (PPF) measures the maximum number of commodities an economy can…

Q: How does it reconcile cross-sectional data with that from time series macroeconomic data

A: Milton Friedman demonstrates that the total cost of admission is indistinguishable from never-ending…

Q: In the economy of Ukzten in 2010, consumption was $3,000, exports were $400, GDP was $5,000, imports…

A: Government spending refers to money spent by the public sector on the acquisition of goods and…

Q: Goods and services are scarce because resources are scarce. Select one: O a. True O b. False

A: Scarcity is the primary concept or reason to study economics as it is the cause of making trade-off…

Q: If the area of A = 2500, and the area of b is 2500, what is the Gini coefficient for this economy?…

A: Gini coefficient is an economy measurement of degree of income inequality in an economy as it…

Q: Explain the concepts Gross national product, Net national product, National income and Disposable…

A:

Q: A. Determine the following using diagram to answer the following questions. This assignment is about…

A: Note:- Since we can only answer up to three subparts, we'll answer the first one. Please repost the…

Q: A company borrowed $500,000 and repaid the loan through yearly payments of $20,000 for 24 years plus…

A: Borrowed amount = $500,000 Repayment done = $24,000  For total time period of 20 years.  Single…

Q: Suppose demand is represented by P = 500.5Q, and supply is represented by P = 4 + 1.5Q. If the…

A: Introduction We have given demand and supply function. We have to calculate total surplus before…

Q: State the processes performed when demand is predicted to be greater than supply.

A: Meaning of Demand and Supply: The term demand refers to the willingness of an individual to…

Q: 2. On the other hand, the General Motors went on a different direction. General Motors was founded…

A: Perfectly competitive market has large number of buyers and sellers. There is free entry and exit…

Q: Q.4 (a)Define fully a general competitive equilibrium. What are the essential economic and…

A: General equilibrium theory endeavors to describe the behavior of demand, supply, and prices in an…

Q: 1. What is the number of pure strategies that each player has: 1 Left Right 2 2 Right Left, 1,0 2,2…

A: We have sequential game between two players, player 1 and player 2.

Q: select a federal law impacting the U.S. health care workforce as their topic.

A: With Congressional oversight, United States health offices foster laws intended to safeguard public…

Q: When using the Fed model to diagnose the economy, if inflation rises even though the economy is weak…

A: When talking about inflation in an economy, it explains the upward movement in the general price of…

Q: What is the VRIO Framework or Analysis of Tesla Inc. in 2018?

A: Introduction VRIO is a strategic analysis approach which is part of a larger business plan for a…

Q: 5. Assuming that four annual deposits of ($1000) are occurred but the payment deposit at end of the…

A: Answer is given below

Q: Show an effect of a sale of dollars and a purchase of foreign assets (unsterilized intervention).…

A: The term unsterilized foreign exchange intervention implies to how a country's monetary authorities…

Q: 5. Statistics show that from 2017 to 2018, unemployment decreased while inflation also decreased.…

A: In the long run, economists believe there can be no trade-off between inflation and unemployment.…

Q: Determine the number of souvenir coins that must be sold per year to justify the purchase of a $6000…

A: The break-even point is the place where absolute cost and all out revenue are equivalent, importance…

Q: a. The industry S P* = 5 b. A representative firm MC ATC P*= MR=$5 0 1,755,000 0 100 250 300 340 10.…

A: Purely competitive industry is also called perfectly competitive industry. A theoretical market…

Q: Suppose the inverse demand curve on ore is given by P = 96 - 0.72 Q. Ore can be either mined or…

A: Here, The total quantity comes fro. mining (q1) and recycling (q2) We required to calculate first…

Q: 39. An open economy is defined by C-100+0.8(Y-T) I=400 X=0.3Y* IM=0.3Y T=1000, G=1000, Y*=1000 The…

A: When talking about expenditure multiplier, it is the potential change in aggregate demand due to a…

Q: As we grow up, we are told about the virtues of thrift. Those who spend all their income are…

A: The IS curve refers to a representation of the numerous combinations of interest rates and levels of…

Q: In perfect competition, all buyers and sellers : Select one: a. None of the above O b. Take the…

A: As the two questions are different answer is provided to the first question. "Perfect competitive…

Q: How significant the relationship of migrant workers and income inequality

A: Inequality means the unequal distribution of resources between groups of members. The people are…