Is a type of cost which does vary with the unit of production and will change with the number of unit sold O A. Variable cost O B. Fixed cost O C. Sunk cost O D. Opportunity cost

Q: (15 marks) Public utilities, like local electricity providers, are likely natural monopolies. They…

A: The answer is as follows:-

Q: The first panelist, Stephen Stanley, suggests the economy may be over‑heating, while the second, Bob…

A: Concept: Overheating refers to when the economy is using its all resources at full capacity. This…

Q: 1. CLARA is a producer in a monopoly industry. Her demand curve, total revenue curve, marginal…

A: P = 40 - Q [or, Q=40-P] TR = 40Q - Q² MR = 40 - 2Q , TC = 20 + Q² MC = 20

Q: You are a manager for Herman Miller, a major manufacturer of office furniture. You recently hired an…

A: PLEASE FIND THE ANSWER BELOW.

Q: Homer owns 100% of the common and preferred shares in Homer's Recreation Inc.(HRI). HRI signed a…

A: Because the boat loan agreement is between HRI and the boat loan firm, the boat loan company could…

Q: Assume the manager is located at point B in the diagram above, and he is charging a price of Po.…

A:

Q: Economics Why should heterodoxy be better than orthodoxy to fight inflation from the point of view…

A: Heterodoxy can be considered as an empirically based concept while orthodoxy based on hypothetical…

Q: 6. Which of the following is not correct? * The consumer price index gives economists a way of…

A: here we find the correct option as follow;

Q: Give an example of one tool used to conduct state guidance in a state guided capitalism. What are…

A: State capitalism is an economic system in which the government engages in commercial (for-profit)…

Q: Question 7 You are currently at the bundle (x, y) = (4, 2) with a utility function U = ln(x) +…

A: PLEASE FIND THE ANSWER BELOW.

Q: P ($) Supply 100 90 80 70 60 50 Social benefit 40 30 20 10 Demand 0 5 10 15 20 25 30 35 40 45 50…

A: The figure shows that there is a presence of positive externality in the market.

Q: You are a manager for Herman Miller, a major manufacturer of office furniture. You recently hired an…

A: PLEASE FIND THE ANSWER BELOW.

Q: Will countries be better off under a multilateral economic liberalization regime or under a system…

A: Economic integration is a plan among countries that ordinarily incorporates the decrease or disposal…

Q: True or False or uncertainty Uncovered interest parity (UIRP) implies that the market expects the…

A: 10. Uncovered interest parity implies that the market expects the currencies of countries with…

Q: Explain how an increase in a person’s income can lead to lower consumption of         an…

A: The inferior commodities are those commodities whose demand rises as the income of the people fall.

Q: Arrange these statements in sequence to explain why the short run aggregate supply (SR AS) curve…

A: Introduction why short run aggregate supply curve has upward slope: Arrange in sequence from…

Q: z- 400 Di + 3D2 this suggests that a unit change in the capacity of the first constraint (DI +1 min)…

A: Given:  z=400+ D1 +3D2

Q: insurance. Cost item Diesel option (A) PV option (B) Capital cost $ 12000 50000 Operating &…

A: *Answer:

Q: Is a type of cost which does not vary with the unit of production and will remain constant…

A: Cost refers to the money involved in producing the goods and services by the producers. They include…

Q: The actual GDP is currently $100 billion per year and potential real GDP is currently $200 billion.…

A: Use the below formula: GDP gap = Potential GDP - Actual GDP

Q: $51.19 The balance on Ramon Felipe's credit card on January 12, his billing date, was $323.67. For…

A: Period No. of Days Balance No. of Days × Balance Jan 12 - Jan 17 6 323.67 1942.02 Jan 18 - Jan…

Q: 43. Which of the following does not explain what currently backs the money supply in the United…

A: The money  supply is the stock of money with people during the year .  Supplier of money are the…

Q: Machine X Machine Y Market Value, $ 93,000 -40,000 for year 1,increasing by 2000 p year thereafter.…

A: Solution given below,

Q: As the manager at a local florist, you supervise two employees, Anita and Jerome. There are two…

A: since you have asked multiple questions and according to policy we can solve only 1 question and for…

Q: Predict what each of the following events would do to the terms of trade of the importing country…

A:

Q: If a perfectly competitive firm is producing at the output level where marginal revenue is equal to…

A: A perfectly competitive firm is a price taker, which means it takes the price set by the market…

Q: Suppose that the unemployment rate has increased by 2%. What would be the change in the output gap?…

A: Gross Domestic Product refers to the sum of all the values of the goods and services that people…

Q: During a​ recession, the Part 2 A. cyclical rate of unemployment is positive. B. cyclical rate…

A: Answer: Cyclical unemployment: cyclical unemployment occurs due to changes in the business cycle.…

Q: Ricardian equivalence suggests that government budget deficits generated by decreases in current…

A: Current account:- it is a record of a country's transactions of goods and services, net earnings on…

Q: Suppose that demand for anchovy pizza is given by PD 50 – QD, and the supply of anchovy pizza is…

A: External cost refers to the spill-over cost of production or consumption of a good on third party…

Q: 3. In a model of quantity competition, duopolists compete for a market where demand is given by P =…

A: In Stackelberg duopoly, two firms compete in quantity where one firm is a leader and the other is a…

Q: (c) Long-run average total cost curve is a curve that shows the lowest (Unit) cost at which the firm…

A:

Q: Consider the market for ice cream cones. Suppose that supply in this market is given by PS =QS and…

A: "Since you have posted a question with multiple sub parts .We will solve first three subpart for…

Q: Wiebe Trucking, Inc., is planning a new warehouse to serve the west. Denver, Santa Fe, and Salt Lake…

A: We find that Salt Lake City and Denver intersect each other at some quantity X. Before quantity X,…

Q: It refers to the number of years that the original capital investment for the project will take to…

A: Profitability index(PI) is the ratio of PV(present value) of future cash flows which are expected…

Q: Assume that the price of a market basket of goods and services is $2,000 in the base period, $2,060…

A: The price of a market basket of goods and services is $2,000 in the base period, $2,060 one year…

Q: Suppose the machine rental rate decreases from $20 per hour to $10 per hour, while the rental rate…

A: On an isoquant map, isoclines are curves that cross through locations with similar marginal rates of…

Q: A common false argument for using tariffs to maximize national income and raise domestic living…

A: A tariff refers to a tax imposed on imports of goods and services from one country to another…

Q: Why do we not rely on competitive markets to supply us with the "correct" quantity of money?

A: Money supply is regulated by the reserve bank or the central bank of any nation and is used for…

Q: Consider the following game: Player 2 D х, у 3, 0 Player 1 6, 2 0,4 a) Suppose that x = 2 and y = 2.…

A: Introduction a) Let x =2, y=2                               Player 2…

Q: Reducing mortality from one disease necessarily increases the sum of the total mortality risk from…

A: Reducing mortality from one disease necessarily increases the sum of the total mortality risk from…

Q: Only questions 3 and 4 Consider an industry that owns 50 tons of copper to be used for…

A: Demand function : Q = 200 - 0.5P  P = 400 - 2Q  Optimal production level is achieved at the point…

Q: 1. Suppose a firm sells a luxury and a budget version of a good. Why might that firm make the budget…

A: The firm might be differentiating between the quality of two types of goods to maximize their…

Q: The purchasing power of the U.S. dollar is ( directly, inversely ) related to the price level: when…

A: The purchasing power of the US dollar is the number of goods and services a consumer can buy with a…

Q: If a combination of Brexit measures and Covid-19 restrictions results in a recession then how might…

A: PLEASE FIND THE ANSWER BELOW.

Q: Consider the neoclassical growth model. Suppose in the current period a country's saving per worker…

A: The Solow model is an economic growth model that examines the change in the output level in an…

Q: How do we decide the amount we buy on the indifference curve? MU1/P1 = MU2/P2 %3D MU1/P1 = P2 MU1/P2…

A: Indifference curve shows the combinations of goods that give consumer the same level of…

Q: Calculate average cost when total cost Is 100 and total quantity is 8

A: We know that:-Average cost= Total CostQuantityAs per question,Total cost is 100 amd quamtity is 8.

Q: It refers to a series of equal payments occurring at equal periods of time. O A. Annuity O B.…

A: Interest: It is the price paid to borrow the money. Hence, it is the payment made by the borrower…

Q: Which of the following is an example of a command and control policy to address an externality? O…

A: The benefit or costs that are caused by a producer that is not being received or incurred…