Q: Show that the law of diminishing marginal productivity holds for the production function Q=6L²-0.2L'
A: Production function exhibits the relationship between the input and output. Input are the factors…
Q: In traveling about a city, most people use either subway or bus. Suppose all subway fares were…
A: It has been noticed that when a commodity becomes more expensive, people's willingness to buy it…
Q: Firm 1 Silence Disclosure Silence -200, -200 0,-590 Firm 2 Disclosure -590, 0 -450, 450 fine (a…
A: Given the game table for firm 1 and firm 2: Firm 2 Silence Disclosure Firm 1 Silence -200,…
Q: What are the two basic goals of the federal government stabilization? A. Stable prices with…
A: Stabilization policy is a government strategy intended to encourage steady economic growth.
Q: A lent Php 5207 to B for 2 years and Php 5721 to C for 4 years on simple interest at the same rate…
A: Given A lent PHP 5207 to person B for 2 years and PHP 5721 to person C for 4 years. Total interest…
Q: Q* = How much profit did the monopolist earn? Profit = $
A: In economics, profit maximization is the short run or long run process by which a firm may determine…
Q: You borrow $20,000 to purchase a car and will repay the loan in uniform monthly payments for the…
A: Given information P=$20000 n=48 month i=1% per month.
Q: For lunch, Maria eats only salads or vegetarian burgers. Her weekly food budget is $36. Each salad…
A: When a consumer's budget is completely depleted and the marginal utility per dollar for both…
Q: 18) If the cost of producing each performance of a Raider's Game is constant a inelastic, profits…
A: The profit is maximized in where the marginal revenue is equal to the marginal cost or MR = MC. The…
Q: Graphically show a monopoly firm that currently sells 250 units of output at a price of $60/unit,…
A: Given A monopoly sells 250 units at price $60 per unit. At the 250th unit, MR=40, MC=50, ATC=60 We…
Q: (This is question 2, page 105 in the textbook). How would each of the following affect the current…
A: DISCLAIMER “Since you have asked multiple questions, we will solve the first three subparts…
Q: Suppose that good 1 is normal and good 2 is inferior. Prove that the total effect on demand for good…
A: Given, Good 1 is Normal and Good 2 is Inferior. Which implies that as income increase the demand…
Q: How to calculate cross price elasticity between skilled and unskilled workers or between workers and…
A: Cross price elasticity of demand measures the responsiveness in quantity demanded of a commodity to…
Q: Assume that no banks hold excess reserves, and the public holds no currency. If a bank sells a R100…
A: A country's banking system is referred to be a structural network of institutions that deliver…
Q: Define economics and describe the two types of economic systems: capitalism and command economy.
A: Humans have unlimited wants, but there are limited resources in the system or there is scarcity of…
Q: Explain how providing education to all children in grades K-12 provides external benefits to…
A: K-12, a term utilized in education and educational technology in the US, Canada, and potentially…
Q: A consumer of two goods has utility u(11, 12) = 7112. She can purchase each good i = 1,2 at a price…
A: The Marshallian demand curve actually shows the available part of the quantity that is demanded by…
Q: mer of two goods has utility U(X1, 2) = X1X2. She can purchase each good ce of p; dollars per unit.…
A: Introduction A person who uses two products has usefulness. She can pay a fixed charge of C…
Q: a) In September 2020, ABC News reported that, “Australian recession confirmed as COVID-19 triggers…
A: The total monetary or market value of all the finished goods and services produced within a nation's…
Q: Prediction markets allow traders to bet on future events. One prediction market that is particularly…
A: Given , Utility function : U=ln(X+1) Initial wealth=4 Probability of winning=0.5 So, the…
Q: 1. Why some countries grow faster that others? 2. Discuss the factors that contribute to economic…
A: The 2030 goal for Sustainable Development was endorsed by all UN member states in 2015. It outlines…
Q: 1. You borrowed $10,000 from a bank at an interest rate of 9%, compounded monthly. This loan will be…
A: Given that, Amount = $10,000 Interest Rate = 9% = 0.09/12 = 0.0075 Compounded Monthly Will be repaid…
Q: Consider the insurance problem from class in which an agent with wealth w dollars faces a…
A: Utility function : U(x) = ln (x+1 ) Probable loss = l Probability of loss = π Probability of no…
Q: Final answers must be in 4 decimal places. Analyn borrowed Php 5,000 from a bank and agreed to pay…
A: Borrowed Amount = 5000 bank discounted the loan and gave him Php 4,000 in cash pay loan back in 9…
Q: Should an MNC alter its ethical standards to accommodate a host country in order to successfully…
A: Multinational corporations are those firms which have their operations spread in more than one…
Q: A consumer of two goods has utility u(x₁, x2) = x²x₂. In addition to her wealth w, the consumer…
A: Utility Function : U = x12x2 Budget Constraint : p1x1 +p2x2 = w Optimal consumption point is…
Q: Investment is: A. Education, any new plant, equipment, additional inventory, computer software,…
A: Businesses invest while generating revenue through the provision of products and services. The…
Q: This table shows the values of different elasticities of demand for yogurt at the market equilibrium…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: In GDP= C+I+G+(N-X) "Net private investment" is I or what?
A: Gross domestic product (GDP) is the market value of final goods and services produced by an economy…
Q: If your income is R9 and the per unit price of X and Y is R2 and R1 respectively, what quantities of…
A: Marginal utility is the increase in total utility gained from consuming one more unit of the good.
Q: A shift in the demand curve for bonds occurs when the quantity demanded changes at each given…
A: In the market for bonds, the equilibrium price and quantity is determined by the demand and supply…
Q: Examine the role of health as an input to and an output from a production function and discuss the…
A: Introduction The production function of health defines the relationship between health and the…
Q: 1
A: Price index Using a series of statistics to compare the amounts for just about any two time periods…
Q: A rice production company has purchased its milling equipment. The cost of this is 5,000,000.…
A: Given The initial cost of equipment (P)=5,000,000 Salvage value (F)=1,000,000 Life =5 years Book…
Q: 1 Marginal utility and marginal rate of substitution Suppose an individual who derives utility u(x,…
A:
Q: Which bonds are acceptable for investment? Justify your response with suitable computations
A: According to the rules, a bond's principle and interest must be repaid at the bond's maturity date…
Q: A civil engineer planning for her retirement places 11% of her salary each year into a…
A: Future value is the value of an asset at a specific date. It measures the nominal future sum of…
Q: What are the advantages and disadvantages of special interest groups within the democratic system of…
A: The various measures taken by the government to control and regulate the private sector in order to…
Q: Consider the simple regression model: y=0.56+1.56x+u Using this and assuming the estimated…
A: The variance of the sum of x and y is the sum of the variance of x, the variance of y, and twice the…
Q: 19. What are the two sources of economic growth and what percentage of growth is each responsible…
A: Growth matters because Faster growth in GDP expands the overall size of the country's economy and…
Q: If the Fed decides to conduct contractionary monetary policy by selling $250 million in UST bonds,…
A: Under the contractionary monetary policy the central bank sells bonds and hence take back money from…
Q: A monopolist's inverse demand function is estimated as P=100-2Q. The company produces output at two…
A: Marginal revenue is the concept of a firm sacrificing the opportunity to sell the current output at…
Q: The opportunity cost of producing another unit of butter is SUME) 14 12 +N 9+ 5+ 0 2 3 4 Butter…
A: Opportunity costs represent the potential benefits that an individual, investor, or business misses…
Q: Please provide statistical information on how moonsoons effects the indian economy/farmers or any…
A: Given that at least half of India's $2 trillion farm-dependent economy depends on rain-fed…
Q: The U.S. Department of Agriculture guarantees dairy producers that they will receive at least $1.00…
A: Demand is the inverse relationship between quantity demanded and price of a certain commodity.…
Q: What will happen to the equilibrium price and quantity of oranges? Both equilibrium price and…
A: The equilibrium occurs where the demand and supply are equal. The changes in the demand and supply…
Q: he cost of rebuilding the Philippines after typhoon Haiyan could reach USD 5.8bn”, a senior official…
A: Initial rise in the government expenditure leads to multiplier rise in the income level, this is…
Q: How the General Systems Theory works in research & development and marketing?
A: idea of general structures is an interdisciplinary ideational framework concentrating at the…
Q: going to earn ωt = $200,000 when working (age 21 and 60), and then you are going to live for the…
A: wt = 200,000 n = 20 r = 5%
Q: A decision-maker with initial wealth w faces a probability of incurring a loss. If the loss occurs,…
A: The propensity to avoid risk is defined as Risk Aversion. An investor who favors capital…
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- In August 2008, Mexican pesos were trading at$0.10 on the foreign exchange market. By Novem-ber, they were down to $0.07, a decline of 30%. Explain the fall in the price of a peso using supplyanddemandcurves. Inwords, explain the equiva-lent rise in the price of a dollar.Suppose there are two countries in the world, Mexico and the United States. The currency of Mexico is the peso, the currency of the United States is the dollar. On the foreign exchange market, the supply of dollars comes from Oa the demand for pesos Ob. the supply of pesos Oc the demand for dollars O d. There is not enough information given to answerDiscuss Fiat, Seingiorage and Petro Dollar
- If the Fed started printing large quantities ofU.S. dollars, what would happen to the numberof Japanese yen a dollar could buy? WhyOnly like if no ai or downvoted for ai content Suppose that the equilibrium exchange rate between the United States and South African is 15.13 Rand per US dollar. Further suppose that the two countries are trading partners with each other. Inflation now rises in South Africa. Which of the following answer choices correctly represents the shift that would occur in the US foreign exchange market? The supply of US dollars would fall. The demand for South African Rands would rise. The supply of South African Rands would rise.If the exchange rate between the dollar and yen has risen, this would be consistent with:O. a) a rise in U.S. inflation.O. b) a rise in the Japanese interest rate.O. c) a fall in Japanese inflationO. d) a rise in the U.S. interest rate.
- If a countrys currency is expected to appreciate in value, what would you think will be the impact of expected exchange rates on yields (e.g., the Interest rate paid on government bonds) in that country? Hint: Think about how expected exchange rate changes and interest rates affect a currencys demand and supply.Identity several parties likely to he helped and hurt by inflation.Colombia is the world’s biggest producer of roses. The global demand for rosesincreases and at the same time Colombia’s central bank increases the interest rate.In the foreign exchange market for Colombian pesos, what happens to: The quantity of pesos demanded?iv. The quantity of pesos supplied?
- If inflation increased in the Philippines while China’s inflation remains the same, there would be _______ Philippines demand for China’s yuan and _______ supply of yuan for sale. A. an increased; an increased B. an increased; a decreased C. a decreased; a decreased D. a decreased; an increasedThe Foreign Exchange MarketThe Jamaican dollar experienced a rapid depreciation in the exchange rate during 2020 due to thepandemic's impact on key sectors. The exchange rate in 2020 closed at J$142.65 to US$1.00,after opening the year at J$132.57, resulting in a 7.6 per cent depreciation. As at FridaySeptember 16, 2022, the exchange rate was at approximately $ JA 150 to US $1.QUESTIONGiven this rapid depreciation of the Jamaican dollar against the US dollar,should the government of Jamaica adopt a Fixed Exchange Rate regime ormaintain the current Floating Rate regime?Outline to answering the question Clear distinction between fixed exchange rate and floating exchange rate, Examples of countries that uses fixed exchange rate regime and those that uses floatingexchange rate regime and Arguments for and against floating exchange ratesuppose that the federal reserve conducts an open market sale. Everything else, including the public's expectation on inflation, held constant, this will cause the demand for U.S. assets to _______ and the U.S. dollar will _________. Decrease; appreciate increase; appreciate decrease; depreciate increase; depreciate
