If a consumer is maximizing her total utility by consuming good A and good B, what must her marqinal rate of substitution, MUA/MUB, be equal to? PB/PA Ob. РА/PB d. Her money income

Q: Has the researcher tested for representativeness: comparing the sex distribution ofthe population an...

A: A representative sample is a subset of a population that attempts to correctly reflect the larger gr...

Q: Refer to the graph below. It shows 2 indifference curves: for person A and for person B. Which perso...

A: Choice under uncertainty is the decision of an individual or any firm where outcomes are uncertain a...

Q: Quantity demanded is Select an answer and submit. For keyboard navigation, use the up/down arrow key...

A: The curve that depicts various quantities of goods and services being demanded by consumers is known...

Q: Nominal interest rates differ from real interest rates in that real interest rates are expressed in ...

A: Real interest rate refers to the nominal interest rate that is adjusted for inflation.

Q: O In 2020, it was estimated that the US had 140.8M Housing Units. The homeownership rate in the US i...

A: Given: House units = 140.8B House ownership rate = 65.6% Average monthly rent = $1098 Average home p...

Q: A Chinese high technology manufacturing firm has a production function of (based on Zhang. et al. 20...

A: Given information: Production function: q = 13L0.20K0.80w= $2r = $8

Q: 5. Fixed Proportions Production > The production function for gizmos is: Q = min {2L, 3K} > Graph th...

A: Given  Production function  Q=min{2L,3K}             ... (1)

Q: (A). What are the components of the trilemma that is encountered when a country chooses its monetary...

A: (A.)  The policy trilemma, which is also known as the impossible or inconsistent trinity, implies th...

Q: A firm produces at an output level where the marginal product of labor (MPL) is 50 units and the mar...

A: A firm either maximizes profit or minimizes cost and hence it follows that any firm should follow th...

Q: Please answer fast

A: Given the slope = 12 - 13qp = 6q = 4 a. Income = pq = Rslope = dRdq=12-13q∫dR=∫12-13qdqR = 12q - 132...

Q: Simple interest of P1,235 is owed on a loan of P9,500 from January 2, 2016 to November 15, 2016. Wha...

A: Simple interest (SI) = PxRxT100

Q: Which of the following is the preferable interest rate for investing your money? (i) 12% Compounded ...

A: Given: Interest rate (r)=12%

Q: A significant property of the Cobb- Douglas production function is that the elasticity of substituti...

A: To find : Elasticity of substitution input will be between which value. 

Q: Discuss the impact of the small business on the economy in the United States What impact do small bu...

A: Small business can be defined as the privately owned organization, sole proprietorships, or partners...

Q: It Canadian price level increases all etse equal, that represents a (Do yourself a favourt graph it,...

A: The curve that depicts various quantities of goods and services being demanded by individuals at var...

Q: Consider the market for electrical cars. The price of gasoline increases and the cost of producing e...

A: The term "equilibrium" describes the state of the economy when demand and supply forces collid. It i...

Q: Use the midpoint method for calculating all elasticity measures below   Suppose that the price of ...

A: Answer: Given, Short-run data: Percenatge change in price=10%Percenatge change in quantity supplied=...

Q: What is collusion in economics

A: Answer to the question is as follows:

Q: Has the governmen expansion of the subpr market? Discuss.

A: The subprime mortgage crisis in the United States was a series of events and circumstances that culm...

Q: Suppose that consumers value a high-quality used laptop computer at a price of $400, while they valu...

A: Suppose that consumers value a high-quality used laptop computer at a price of $400 and a low-quàlit...

Q: Is the demographic transition a universal process?

A: Demograhic transition is a universal phenomenon.

Q: Mr. Reyes borrows P600,000 at 12% compounded annually agreeing to pay the loan in 15 equal annual pa...

A: Given that:principal(P)=P600000number of equal payments(n)=15interst rate(i)=12%

Q: CDO City started a Solid Waste Management initiative in partnership with Tetra Pak Philippines and B...

A: In the mentioned question we have been asked about the profits which are going to be earned when the...

Q: You invested $100,000 in a project and received $40,000 at n = 1, $40,000 at n = 2, and $30,000 at n...

A: The data given is as follows:- Initial level of investment done = 100,000 Revenue generated in the 1...

Q: SMES ARE A MAJOR SOURCE OF TECHNOLOGICAL INNOVATION AND NEW PRODUCTS. a. True. O b. False.

A: When some quantities of product is manufactured, cost  takes place and process of business follow up...

Q: Describe the concept of demographic transition

A: Demographic Transition takes into account two characteristics of demographics i.e. Birth rates and d...

Q: TOPIC: ENGINEERING ECONOMICS "Compound Interest" SPECIFIC INSTRUCTION: Show a systematic solution an...

A:

Q: 20. Each year a single payment of P1766 is deposited in an account that earns 6% compounded continuo...

A:

Q: Summarize how the first, second, and third waves of environmental policy in U.S. history differed fr...

A: During 17-18th centuries, the first phase of environmental regulation emerged. Environmental rules a...

Q: 1. explain economic structure of OPEC 2. analyze price, quanitity using economics model of cartels.

A: 1. Economic structure of OPEC The Organization of Petroleum Exporting Countries (OPEC) is commonly r...

Q: ENGINEERING ECONOMICS SPECIFIC INSTRUCTION: Express your answers in 2 decimal places Kindly box your...

A: Given that, Amount(A) = Php350,000 Principal(P) = Php200,000 Time(t) = 20 years we have to find rate...

Q: Why are environmental regulations sometimes considered to be unfair barriers to trade?

A: Trade barriers refer to the restrictions imposed by the governments of various countries on the inte...

Q: Uunng the UPEC ensis of the 1970s, President Richard Nixon enacted price controls on ol and gasoline...

A: It resulted in an increase in unemployment. In order to slow down inflation, the Fed raised interest...

Q: The ore of a gold mine in the Mountain Province contains, on the average, 2 gram of gold per ton. On...

A: Given the extraction of gold per tone = 2 gram The processing cost of first method = 1800 per ton Th...

Q: f lowering of fares reduces ailway's revenues and increasing of fares increases, then the demand for...

A: To find : Elasticity for demand of rail.

Q: If THV Plastics purchases a new building now for Php 1.3 million for its warehouse, what must the bu...

A:

Q: Assume the following consumption schedule: C=20+0.9Y, where C is consumption and Y is disposable inc...

A: The given consumption schedule is C=20+0.9Y Where C= Consumption Y is the disposable income The aut...

Q: Explain the fundamentals of demography

A: Economic demography examines fundamental aspects of human existence such as birth and death, marriag...

Q: Imagine two societies A and B with the production possibility curve shown in the diagram. In year t...

A: The curve that depicts the combination of goods that could be products with the given resources is k...

Q: The application of data analytics to microeconomics could  a) improve a firm's decision-making as i...

A: Microeconomics: It is the study of an individual firm, individual consumer decision regarding the us...

Q: If a good is a luxury, its income elasticity of demand is

A: To find : What will be income elasticity of demand. 

Q: The formal study of economics began when Adam Smith (1723-1790) published his famous book The Wealth...

A: Adam Smith otherwise called father of financial aspects distributed his book The enquiry into The na...

Q: 4. A profit-maximizing firm has cost function C(Q) = 500 + 10Q + 200. 4a.What is the firm's marginal...

A: Answer: Note: we are not allowed to provide handwritten solutions in any case. Given, Total cost fun...

Q: How did Covid19 affect the Philippine economy

A: 1. The country's first case of COVID-19 was reported in January 2020, and by March, the country had ...

Q: Suppose that K(t+5)/N > K(t+3)/N, where K(t+3) is capital in period t+3 and K(t+5) is capital in per...

A: Here, it is given that capital per worker in t+3 period is less than capital per worker in t+5 perio...

Q: for x+1 .If flx) = x-1 show that flx) is continuous at x = 1. 2 for x = 1,

A:

Q: An economy is characterized by the following relations: Y = F(K,AL) = Kª(AL)1-a : Production functio...

A: Since the question you have posted consists of multiple parts, we will answer the first three parts ...

Q: There are N sites that need protection (number them 1 to N). Someone is going to pick one of them to...

A: Probability of a successful attack =  1 - 1/N2 Probability of defended attack = 1/N2 Expected Value ...

Q: what are the factors that contribute to econmic grow

A: Economic growth is the quantity aspect of the economy. An economy's growth is directly related to th...

Q: Problem 3: A certain machine costs P 40,000, has a life of 4 years and salvage value of P 5,000. The...

A: In the mentioned question, we have to find the third year book value. Depreciation is calculated wit...