If you can prevent someone from consuming a good, that good is called   Question 4 options:   nonexcludable.   a public good.   excludable.   nonrival.   rival.

Q: Discuss which exposure might be viewed as the most important to manage, translation exposure or…

A: The risk that a company's equity, assets, obligations, or income will change in value as a result of…

Q: Robinson Co. is interested in purchasing a new delivery vehicle so it can become a subcontractor…

A: To find the present worth of the cash flow for the delivery vehicle we need to set up cash flow for…

Q: The price index was 220 in one year and 238.2 in the next year. What was the inflation rate? a) 8.3…

A: Answer; Correct option is (a)

Q: Suppose a monopolist faces a demand curve Q=300-6P and has a constant marginal cost of 20. The…

A: The monopoly's profit-maximizing option is to produce at the quantity where marginal revenue equals…

Q: 3. Explain how each of the following will affect aggregate demand. In each case, draw a diagram to…

A: c) Increase corporate taxes means less money the investors and also he will pay less to the workers…

Q: Consumers' surplus is the difference between the price O a. sellers receive for a good and the…

A: When it comes to markets, the total surplus represents the complete well-being of all participants…

Q: In country A, all wage contracts are indexed to inflation. That is, each month wages are adjusted…

A: (Q) In country A, all wage contracts are indexed to inflation. That is, each month wages are…

Q: Mary works on a part-time job with a monthly income $300. She spends money only in fitness centre…

A:

Q: MSo MS1 10 8 4 MD 3.0 3.1 3.2 3.3 3.4 3.5 Real money (trillions of 2000 dollars) The figure above…

A:

Q: 5. Three companies are considering entering into a new market. The cost of entry is 30. If only one…

A: Given,  Two Players : Player 1 and Player 2 and Player 3Two Strategies : Enter  and Do Not EnterCost…

Q: Consider the AS/AD model. The AS curve is: Y, = a – bm(r, - 7) and the AD curve is: T = T-1 + vY,…

A: Given information Y¯=α ¯-b¯m¯(π-π)¯π=πt-1+v¯Y¯+ο¯α ¯=0.04b¯=0.05m¯=0.04v¯=0.01ο¯=0.02

Q: Research arguments for and against one of these topic questions: Should government raise the minimum…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: According to economists, competitive market provides best outcome for consumer, lowest possible…

A: Policymakers and examiners have been voicing worries about the rising grouping/concentration of…

Q: Which of the following statements about money that is correct?

A: Money is not a proper stable store of value, its value erodes over time due to inflation. Credit…

Q: The inverse demand for organic dog food is given by P1 = 24 - 2Q1, and %3D the inverse demand for…

A: As given inverse demand function of organic dog food is P1 = 24 -2Q1 demand for conventional dog…

Q: Determine the present equivalent value (PW at 0) of the following cash flow when the annual interest…

A: The present value (PV) of a future sum of money or stream of cash flows is the current value…

Q: From the information given in the precedi question (in which Ming views X and Y as perfect…

A: When the two goods are perfect complements, they are consumed together by the buyer.

Q: There are two countries in the world: Happytimes and Treehausland. Both countries currently have a…

A: Happytimes's GDP = Current GDP(1 + Growth rate)^15                               = 1*(1 + 0.086)^15…

Q: Explain why the following statement is false. Consider an imperfect market with a few firms. By…

A: The imperfect competition with few firms, is known as the oligopoly market. The competition level is…

Q: (c) The Bank of England has a target of keeping inflation at 2%. Central banks around the world that…

A: Since you have asked multiple question , we will solve the first question for you . If you want any…

Q: Productivity does not increase when wages (salary) increased during inflation. Assess the statement…

A: Inflation means the rise in the price level of goods and services over a period of time. It means as…

Q: Answer the next question based on the information given in the following table. Total Workers…

A: Marginal revenue is the additional output produced by employing an additional unit of input with…

Q: 2. Many people believe that individuals morality moves ahead through different cycles of their…

A: There were three levels of moral reasoning that consolidated the six stages given by kohlberg. Each…

Q: The following table contains nominal GDP and the GDP deflator from FRED" for the fourth quarter of…

A: Real GDP is the GDP which represent the inflation adjusted price of the goods and services , so here…

Q: Which of the following is not possible? When the total product is decreasing, marginal product is…

A: Total product is the summation of the all product produce with the help of factors of production.…

Q: The effects of the national health care program on labor markets will      increase the quantity…

A: The correct answer is given in the second step.

Q: Use the following information to answer the question Quantity (number ofFixed Variable Total…

A:

Q: A large open economy has desired national saving of Sd = 1200 + 1000rw, and desired national…

A: Sd = 1200 + 1000rw Id = 1000 - 500rw desired national saving = 1300 + 1000rw desired national…

Q: The following set of equations describe an economy: C = 14,400 + 0.5 (Y – T) – 40,000r Ip = 8,000 –…

A:

Q: Following up on the preceding question, instead of assuming Ming has "standard-looking indifference…

A: The income effect outweighs the substitution effect for inferior goods. When the price of a good…

Q: Use the following information to answer the question Quantity (number ofFixedVariable Total Marginal…

A:

Q: If the price of a good falls and expenditure on the good rises, the demand for the good is  A.…

A: Elasticity measures the responsiveness of quantity demanded to changes in price level.

Q: 4.1 List and discuss the two (2) main instruments of fiscal policy. (14) 4.2 List and discuss two…

A: Answer (4.1): Fiscal policy: fiscal policy is implemented by the government by changing government…

Q: n(q) = R(q) - C(q) = 120q- (325 +20q + 10g?). What is the positive output level that maximizes the…

A: Question) We will maximise profit by, Differentiating the profit function with respect to price and…

Q: How does the market structure affect the price of a good or service?

A: A market is a gathering of buyers and sellers to reach an agreement on the price and quantity of…

Q: A multinational engineering consulting firm that wants to provide resort accommodations to special…

A: Investment is the purchase of goods and services over a period of time. It means as the investment…

Q: To conduct an experiment, a movie theater increased movie ticket prices from $9 to $10 and measured…

A: We have an increase in price of movie tickets, an increase in price will leads to decrease in…

Q: Do the benefits of globalization outweigh the costs

A: Globalization is defined as the integration of different economies of the world through trade of…

Q: When the price of bottled water rises from $3 to $5 a unit, the quantity supplied increases from…

A: Elasticity of supply measures the responsiveness of quantity supplied to changes in price level.

Q: Consider a linear demand curve Q=60-3p. Suppose that the price changes from 10 to 6. What is the…

A:

Q: Should the government use monetary and fiscal policy in an effort to stabilize the economy? The…

A: Introduction Monetary and fiscal policy both affects the economic growth of an economy.  Fiscal…

Q: Suppose the government implements an expansionary fiscal policy to finance e-toll gantries. Required…

A:

Q: (a) Suppose real GDP per person falls during a devastating recession, which in turn causes…

A: GDP: The gross domestic product, or GDP, is a measurement of the total value of all products and…

Q: Determine the present equivalent value (PW at 0) of the following cash flow when the annual interest…

A: Present Worth is the value of a series of cash flows or the value of a lump-sum amount from the…

Q: For equipment that has a first cost of $13,000, the estimated operating costs and year-end salvage…

A: PLEASE FIND THE ANSWER BELOW.   ECONOMIC SERVICE LIFE: It is the life at which the value of the…

Q: Consider the following game. There are two players: an incumbent (denoted by I) and a potential…

A: “Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: What amount would have to be invested at a simple interest rate of 2.85% to grow to $2529.28 in 150…

A: As given Future worth = $2529.28 Interest rate = 2.85% Time = 150/365 = 0.41 years   F = P(1 + rt)…

Q: If real GDP equals 7,000, nominal GDP equals 14,000, and the price level equals 2, then what is…

A: Answers   Here, given information is, Nominal GDP (PY)= 14,000 Real GDP (Y)= 7,000 Price level…

Q: A food processing plant consumed 600,000 kW of electric energy annually and pays an average ofP2.00…

A: Given,  Food Processing Plant consumed 600,000kW of electric energy anuallyPays an average of P2.00…

Q: Consider the following normal form game Player 2 L R. Player 1 M U 5, 4 4, 5 3,8 8,3 5,5 6,3 0,8 8,0…

A: So we will list down all actions given the other player's actions: If Player 2 chooses L then…