How does the "Digital Economy: New Actors and New Decision-Making Logic" aid in the decision-making process of the business organization? Present also the advantages and disadvantages; strengths and weaknesses of Digital Economy.
Q: Find the DWL of a duopoly and of monopoly if firms have MC(q) = q, and face demand D(p) = 320 − 4p.
A:
Q: QUESTION 1 Debt (-) items in the balance of payments correspond to anything that: Oa. Involves…
A: The correct answer is given in the second step.
Q: A 6-foot sub valued at $25 is divided among five players (P1, P2, P3, P4, P5) using the last…
A: Given; Player 2 Player 3 Player 4 Player 5 Value of current C-piece $3.50 $7.00 $6.50 $4.00…
Q: The average propensity to save is 0.39 Calculate saving if income is $650
A: We have:- APS = 0.39 Income = $650
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A: Elasticity measures the responsiveness of quantity to changes in price. Higher the elasticity lower…
Q: Determine the inflation rate of Country ABC using its CPI from 2020 and 2021. Price Price Price…
A: Total price of the commodities in 2021 = 105,500 Total price of the commodities in 2020 = 113,500…
Q: On the standard Phillips curve diagram, why do both the Y axis (unexpected inflation) and the X axis…
A: The Philips curve is an economic concept stating that inflation and unemployment have a stable and…
Q: Suppose that demand for anchovy pizza is given by PD 50 – QD, and the supply of anchovy pizza is…
A: External cost refers to the spill-over cost of production or consumption of a good on third party…
Q: Are predictions using the supply-and-demand model likely to be reliable in each of the following…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Country A Ch $4,50 $1,$1 a What is Country A's best response to Country B's choice to limit supply…
A: Nash equilibrium is a concept within game theory where the optimal outcome of a game is where there…
Q: True or False or uncertainty Uncovered interest parity (UIRP) implies that the market expects the…
A: 10. Uncovered interest parity implies that the market expects the currencies of countries with…
Q: a) define marginal utility. Explain the law of marginal utility with a diagram.
A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Over the past year (from 1 year ago to today), the inflation rate was 4.31%, the risk-free rate was…
A: The correct answer is given in the second step.
Q: It is estimated that a certain piece of equipment can save $16,000 per year in labor and materials…
A: A certain piece of equipment can save $16000 per year in labor and material costs So A= $16000 Life…
Q: Assume this data represents an economy only pródučing economy wants to shift its production of these…
A: Given the production possibilities frontier of two goods : Computers and Leather jackets Therefore…
Q: The capitalized worth method is applicable only if there is reason to believe a series of cash flows…
A: Answer- True The capitalized worth method tells the value of the income that can be earned in the…
Q: Given the following demand and cost functions: Demand: p = 3000 - 2x Cost: C = 1200x + 2600 Find the…
A: The profit maximization output is determined by equating Marginal revenue with the marginal cost.
Q: 4. At the same carnival, another game is played by flipping the same weighted coin in #3 and rolling…
A: a)yes when we roll a fair die all outcomes equally likely with the probability of each outcome is…
Q: A plant operation has fixed costs of$ | 50,000 per year and variable costs of $50 per unit. When the…
A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…
Q: In 2018, several European couptries were faced with the problem of increasing intation At the same…
A: We know that inflation is the rate of increase in prices over a time period. It is a general measure…
Q: It is an expression of the increase in the cost of goods and services from one year to the next. О…
A: When the prices of goods and services increase then consumers are unable to maintain their current…
Q: onsider the market for ice cream cones. Suppose that supply in this market is given by ?? =?? and…
A: “Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…
Q: If a neoclassical model shows increasing wages in the economy over the long run, what else will…
A: The neoclassical school of economics states that supply and demand are the driving forces of…
Q: #7
A: People's income reduces during a recession, resulting in a lesser amount of taxes received by the…
Q: A donor made the following donations during 2018:To Abel, a car worth 800,000To Jen, a condominium…
A: A donor made the following donations during 2018:To Abel, a car worth 800,000To Jen, a condominium…
Q: 2. Why are telecom industries across different economies in the world, in general, oligopolies?
A: The structure of a market where there are only a small number of large players having a significant…
Q: d.) Notice that the competitive equilibrium (Qº, Pª) and the point (Qª, P³) are both on the supply…
A: PLEASE FIND THE ANSWER BELOW.
Q: The break-even point is the sales level at which total sales equal total costs, resulting in zero…
A: A break-even is the point at which a company has neither a profit nor a loss.
Q: You are a manager for Herman Miller, a major manufacturer of office furniture. You recently hired an…
A: PLEASE FIND THE ANSWER BELOW.
Q: In an effort to boost output, the government passes a large fiscal stimulus that raises government…
A: The shape of AS curve changes according to the time. So in the very short run, it is parallel to the…
Q: On the standard Phillips curve diagram, why do both the Y axis (unexpected inflation) and the X axis…
A: A.W Phillips developed the concept of Phillips curve. This curve says that there is an inverse…
Q: What are the 3 main factors, that fueled the rise of AI?
A: An economic factor is one that has the potential to alter and influence a person's financial…
Q: How would society/world be impacted by lethal autonomous weapon systems?
A: Lethal autonomous weapons are a form of autonomous defence force that can find and engage targets on…
Q: (Two Point Conversion in Football Game) It is the closing seconds of a football game, and the losing…
A: Nash equilibrium is a stable condition of a system with several members in which no one may benefit…
Q: It refers to the number of years that the original capital investment for the project will take to…
A: Profitability index(PI) is the ratio of PV(present value) of future cash flows which are expected…
Q: The growth of the temporary worker industry has probably helped to reduce the natural rate of…
A: Unemployment is a situation in which a person who is willing and able (capable) to work do not find…
Q: USD/AUD=1.44 What is the GBP/AUD exchange rate?
A: The AUD/GBP exchange rate is expected to climb in 2021, according to banks. After a decline of…
Q: Calculate average cost when total cost Is 100 and total quantity is 8
A: Total cost is defined as the sum of all the expenses being faced by the producer in the production…
Q: Raphael and Susan are farmers. Each one owns a 20-acre plot of land. The following table shows the…
A: Comparative advantage refers to the ability of the country or an individual to produce the good at a…
Q: The owner of a cemetery plans to offer a perpetual care service for grave sites. The owner estimates…
A: The correct answer is given in the second step.
Q: rice Ceiling of Low-Cost Homes The Malaysian government has implemented a price ceiling on…
A: A price ceiling is an upper limit on the price.
Q: Predict what each of the following events would do to the terms of trade of the importing country…
A:
Q: Calculate average cost when total cost Is 100 and total quantity is 8
A: We know that:-Average cost= Total CostQuantityAs per question,Total cost is 100 amd quamtity is 8.
Q: Amy is a chocolate lover and has a total of 50 dollars to spend this week. The price of a certain…
A: Given Utility function U(q)=q+50-pqq∈0,50PTotal budget=50Price of q=50
Q: C.2. Is globalisation a force for good in the world economy? Discuss with respect to at least three…
A: The term "globalization" refers to the method of integrating a country's economy with the worldwide…
Q: 2. Given the information in the table below; Unit Labor Requirements Cloth Widgets Home 100 300…
A: Given: Cloth Widgets Home 100 300 Foreign 60 30
Q: Ricardian equivalence suggests that government budget deficits generated by decreases in current…
A: Current account:- it is a record of a country's transactions of goods and services, net earnings on…
Q: Show the complete solution. The final answer is below. Suppose a man receives an initial annual…
A: The base pay (or the base wage rate) plus any shift differential applicable to such Covered Employee…
Q: Homer owns 100% of the common and preferred shares in Homer's Recreation Inc.(HRI). HRI signed a…
A: Because the boat loan agreement is between HRI and the boat loan firm, the boat loan company could…
Q: 2. Let us assume that you booked a hotel room in Barcelona for $300 per night. When you check out,…
A: The nominal rate determines what proportion domestic money is required to get foreign currency. The…
How does the "Digital Economy: New Actors and New Decision-Making Logic" aid in the decision-making process of the business organization? Present also the advantages and disadvantages; strengths and weaknesses of Digital Economy.
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- How are information technology systems revolutionizing firms and organsisations, and what is their influence to globalization? Why is it essential and imperative to first understand and know how business process works before development of an information system begins? How do business digital systems support the distinctive management groups in an organisation? Why is choosing a systems development frameworks a significant business decision? Who ought to partake in the decision making process? Analyse the business implication of this situation. In your view, how could information systems be utilized to assist the Bensons manage Glams Touch. Enumerate some data that should be captured by the systems and what information outputs are to be churned out from the system.What are the roles of economic institutions in global economy? Do these organizations have accountability in the problem of globalization?Explain why ‘inclusiveness’ and ‘equality in opportunities’ can strengthen the innovation capability of an economy?
- What is the significant role of Technology in treating the Global Economy during the present time?It is said that data is considered as new oil and gold in digital economy. ExplainGive an example of a GVC (Global value chain) that uses agricultural inputs from Australia and leads to the final production of consumer goods for consumption in Australia or elsewhere. Additionally, please produce a diagram highlighting this GVC.
- India is expected to be the world's fastest-growing economy this year, 2023. If current trends continue, discuss the possible implications of such a development for 3. the business strategy of today’s global corporationsThe socialist movement is the largest among the significant opposition against economic globalization and thecapitalist system. It is known to have two major blocs, the Anarchists and the Communists. Research more on thesetwo socialist forces. What are their commonalities? What are their differences? What are their views towardsglobalization?Explain one way in which how the development of various business’s practices affected the United States economy
- What does recycling have to do with the globalized economy? How does this connect to the idea that there are "markets in everything"?A luxury is a non-essential enjoyment. Food, housing, and water are essential for most humans. Many Americans would install electricity and indoor plumbing. Many people now consider Internet connection essential. Is it a necessity? What about folks without Internet access or who don't utilize it? How may the requirement of Internet connectivity effect e-commerce growth?True or false? Economic change during the Civil War was part of Charles and Mary Beard meant when they called the war a second American revolution. The textbook makes a case that while the war accelerated prewar trends of innovation in modernization, it was hardly revolutionary in terms of changing the fundamental direction of the economy. And while statistically the war neither accelerated nor retarded long-term economic growth, it did Ladik we alter the section of the tribulation of wealth and output, very much to the advantage of the north
