Q: At the profit-maximizing level of output, marginal profit is also maximized O is zero is positive is...
A: Any will firm maximize profit where: Marginal Revenue = Marginal Cost Marginal Profit = MR - MC
Q: What is the present value or price of a $150 annual perpetuity if the returns on similar contracts a...
A: Given; Value of annual perpetuity= $150 Discount rate= 7% Formula to calculate present value:- ...
Q: In the national-income model Y = C+I+ Go C = a + B(1- t) Y I = I, + 8Y assume that a > 0 and B, 6, t...
A:
Q: 20. In actual practice, short-term interest rates and long-term interest rates usually move together...
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...
Q: Suppose that the economy can be described by a closed-economy IS-LM framework and that is in a reces...
A: If it's a closed economy and IS curve is stepper and the LM curve is relatively flatter then it is e...
Q: For the following cost function TC = a + bQ – cQ 2 + dQ 3 , determine the equations for TFC, TVC, AF...
A: Given: The cost function is: TC = a + bQ − cQ2 + dQ3 To Find: The equations for TFC, TVC, AFC, AVC,...
Q: Explain Lorenz curve in short witha diagram
A: A Lorenz curve is a graphical depiction of income or wealth disparity created by American economist ...
Q: There are several identical firms in a perfectly competitive market in the long run. Each firm faces...
A: A perfectly competitive firm produces at P = MC = ATC in long run. ----------------------- TC = 400...
Q: In a perfectly competitivé märket! the market price is 28 Marginal cost (MC) = 2(Q) + 8 average tota...
A:
Q: Question 8 The price tag on a tennis ball in 1975 read $0.10, and the price tag on a tennis ball in ...
A: The correct answer is given in the second step.
Q: At last time you have answered my question ,but I still have some problems want to ask you and there...
A: To understand the concepts of the Indifference Curve and Budget Line, let us first understand the me...
Q: Question 14 The deviation of unemployment from its natural rate is called O frictional unemployment....
A: Natural rate of unemployment is the unemployment even actual output produced is equal to the potenti...
Q: In a given year, based on concepts similar to those used to estimate U.S. employment figures, the Sw...
A: People who are actively looking for a job and are able to work are considered unemployed and people ...
Q: Give an example of a demand shock and a supply shock and show how it may push output and employment ...
A: In an economy, demand and supply shocks refers to the situation when there is a sudden change in the...
Q: phone-making company operates a plant in City A where labor is more expensive as compared to capital...
A: A. Isocost line represent the input required to produce same level of output. Here the isocost line ...
Q: High unemployment rate will ruin the economic growth and performance. Apply the measures that been u...
A: The relationship between economic growth and unemployment shows that there is a very high relationsh...
Q: We found that for every $1 increase in G there is a multiplied impact on output with, in the most pa...
A:
Q: What happens to interest rates in the market when bond prices fluctuate a lot
A: Bond price:- Bond price can be explained as discounted present value of a bond's anticipated cash fl...
Q: What is seperating equilibrium? Small answer with an example and diagram
A:
Q: Explain the meaning of an attractive compensation package.
A: This can show that, to the provision of a compensation package that exceeds the standard of busines...
Q: In the choice of mechanical equipment you are required to submit your recommendation as to which of ...
A: To determine the better cost effective option among the two , we find calculate the annual cost of b...
Q: If Charlie invests $50,000 in a cheese company today and is offered a 7% interest rate. How much wil...
A: The investment function shows the direct relationship between interest rate and investment. It means...
Q: 1. Scenarios in which costs are experienced later than the action to incur the cost are called, a. I...
A: In an economy, there are different types of cost incurred based on the type of transaction.
Q: 8. The evolution of the payment system from barter to golds and silvers, then to paper money, then t...
A: 8. A barter system is a moment technique of exchanging goods and services. People traded their serv...
Q: ext year after Matt decides to renew his lease. (maybe unwisely depending on how you swered the prev...
A: It is given that Chris Hemsworth lie about body straighting capabilities of rutabaga and the demand ...
Q: The average product is the greatest in the short run when the A) marginal product is greater than th...
A: In a market, average, marginal and total product have relationship with each other as they explain t...
Q: Any two goods in the health market
A: The healthcare market is a multidisciplinary practise area in public health.This novel method incorp...
Q: The following table contains information for a price taking competitive firm. Complete the table to ...
A: These are the important formulas to complete the table TC = TVC + TFC At Q = 0, TC = TFC AC = TC/Q M...
Q: Carefully explain the major differences between the Keynes’ and Fisher’s models of consumption.
A: Keynes’ consumption function is a formula recipe that portrays the useful functional relation betwe...
Q: If inflation is expected to be higher, O lenders will decrease nominal interest rates O lenders will...
A: Fisher equation states that nominal interest rate is the sum of real interest rate and inflation.
Q: What should you invest to earn 20 000 in 3 years gaining 4% effective interest? a. Php 215 614.19 b...
A:
Q: For the demand function Qd = a - bP and the supply fuction Qs = dP - c, using Cramer's rule determin...
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...
Q: The following graph depicts the daily labour supply curve for Jake, a worker in the construction ind...
A: Labour supply curve shows a positive relationship between wage rates and labour hours. It shows at a...
Q: From the following which is NOT one of the primary goals of the Affordable Care Act (2010)? Question...
A: Affordable care act (2010) was signed by Obama in 2010 with the aim of increasing coverage of health...
Q: Suppose you invested $1000 annualy over a 15 year period. If money earns an annual rate of 1% compo...
A: Invested amount per year = $1000 Time period for investment = 15 Interest rate = 1%
Q: DARPA is planning to purchase a new machine.The initial investment required for this is $60000.The m...
A: Given Investment on machine = 60000 $ annual revenue = 1500 $ Annual expense = 500 $ Time = 6 years...
Q: Following our discussions of "bargaining" between transnational enterprises and host country governm...
A: Any procedure in which the participants attempt to achieve an agreement is referred to as bargaining...
Q: When the slope of the total product curve is steep, the marginal product is O A) low. B) negative. C...
A: Total product is the output produced using the given unit of input.
Q: Briefly explain production function and profit maximization with a diagram in short.
A: The relation between the quantity of productive inputs (such as labor and capital) utilized and the ...
Q: Is there movement toward mixed systems in socialistsocieties?
A: Concept: A mixed economy is a system that implies a combination of capitalism as well as socialism....
Q: MR is a manufacturer of industrial fridges, freezers, and air conditioners. In December, the product...
A: Introduction MR is a manufactures of fridges, AC and refrigerators. a) Forecast for quarter 1 = 14,8...
Q: Explain government crowding out and how it occurs. How do government surpluses affect real interest ...
A: The answer and explanation for both these questions is as follows:-
Q: Using the savings and investment model, predict what will happen to savings, investment and interest...
A: Answer: Impact on the demand for loanable funds (investment): The government generally spends by bor...
Q: Derive the equilibrium law of motion for capital per worker in the Solow growth model (equation 7-19...
A: Law of motion means when there is dynamic situation in an economy where growth of population is grow...
Q: 1. What is the opportunity cost of Bananas in terms of Tacos? 2. What if the price of Tacos decrease...
A: 1. The opportunity cost of Bananas in terms of Tacos = Total Tacos / Bananas = 5 / 10 = 0.5 Thus opp...
Q: Commodity Unit January February Маrch April May ROOT CROPS Carrots 97,887 62,325 17,883 9,815 31,248...
A: Given information Pimentos is working under perfect competition P=$13.13 Q=3385
Q: The law of decreasing returns states that as a firm uses more of a A) variable input, total output w...
A: In economics, various theories and findings of economists explain specific market fluctuations.
Q: A retail store estimates that weekly sales s and weekly advertising costs x (both in dollars) are re...
A: Total Sales refer to the total quantity of goods or services that the producer or firms sells during...
Q: Explain the hedonistic wage function in short with a diagram
A:
Q: The Nash bargaining solution between the employer and the worker satisfies the fol- lowing maximizat...
A:
Step by step
Solved in 2 steps