If a firm has an accounting profit it must have an economic profit. O True

Q: Please write a summary on Financial Crisis 2007-2008?

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A: Given demand and supply function Qd = 125-10P  Qs = -100+40P

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A: The answer is as follows:-

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Q: Let's say we have a function QA = 10 - 2PA + 4PB + 10INC Where QA is the quantity of good A PA is…

A: Given demand function QA = 10-2PA+4PB+10INC For given QA= 50, PA = 2, PB = 6 and INC = 2

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A: Average total cost is the combination of average fixed cost plus average variable cost. So, the…

Q: Salina advertises her production of home workout supplies.  Initially an exercise floor pad is sold…

A: Note: There are multiple sub parts in the question. Hence, we shall answer the first three sub parts…

Q: What is meant by elasticity?

A: Elasticity has its several meanings in various senses but here we will restrict our understanding of…

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A: Meaning of Market: The term market refers to the situation under which the producers or the…

Q: Suppose you know the demand curve is inelastic. This means that   Question 2 options:   if price…

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Q: What are these mismatched trends telling us about how demand and supply work in the market?

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A: Given: Increase in money supply=$25 billion Reserve requirement=10%

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A: Fiscal policy means the government made their expenditure to construct the roads, infrastructure,…

Q: Suppose the supply curve is given by Q=3P and the demand curve is given by P=20-Q. What is the…

A: The equilibrium price is the point where the supply of commodities and the demand for those things…

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Q: 2. Activities incduded (and not included) in the calculation ofGDP The gross domestic product (GDP)…

A: The components of aggregate demand are consumption, indecent, government spending and net exports.

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A: Salvage value is the expected book value of an asset after depreciation has been applied, depending…

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Q: nflation rate, LRAS SRAS -2 3% 2% 18% 0% 12% 2% Real GDP growth rate 7) What level of inflation is…

A: Disclaimer: Since you have posted multiple questions, I am providing the answer to the first two…

Q: A life saving medicine without any close substitutes will tend to have (in absolute value, as usual.…

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Q: Salina advertises her production of home workout supplies.  Initially an exercise floor pad is sold…

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Q: The estimated cost of paving and marking the parking lot is $. (Round to the nearest dollar.) The…

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Q: The table below shows the demand and supply for soybean in Anderson County, South Carolina. A)…

A: Here, the given graph shows the demand and supply schedule of soybean at different price level.

Q: Explain FOUR (4) unethical practices in oligopoly markets.

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Q: Under the new incarnation or the Phillips curve (where inflation is persistent). derive the natural…

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Q: No more than 100 words for the answer: Explain, in your own words, the implications of the Positive…

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Q: SMC(4) = SAC(4) : %| AVC(4) = AFC(4) =

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Q: A currency exchange rate is the O price of a foreign currency, indicating how much a unit of foreign…

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Q: Which of the following would be classified as a credit item on the current account of the balance of…

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Q: To have her own high-end laptop, Ryz decided to PHP 15,000 at the end of each month in a bank paying…

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Q: Now suppose that the firm's capital input is fixed at K = K 12. Solve the firm's short-run cost…

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Q: If a firm has an accounting profit it must have an economic profit. O True O False

A: Profit = total revenue - total cost

Q: An investment of 10,000,000 php has a revenue of x php that will increase of 10% every 2 years. With…

A: Initial Investment = 10,000,000 Annual Revenue = x  Yearly interest rate = 8% 2 year revenue = 2x…