Is tariffs a pro-producer or anti consumer?

Q: Suppose the market for petrol in an economy is monopolised and the market supply is given by Q= 2P a...

A:

Q: The following table shows the amounts of five different goods that are included in a particular repr...

A: Price index measures the average change in prices of group of goods over time. 

Q: Suppose the market demand for pizza is given by Qd = 300 – 20P and the market supply for pizza is gi...

A: The market demand for pizza:  Qd= 300-20P The market supply for pizza: Qs= -100+20P The market Equil...

Q: How can a central bank decrease the money supply? O a. By selling securities O b. All of the answers...

A: Money supply Money supply basically refers to the total amount/volume of money that people helds at ...

Q: Two firms compete in prices in a market for a homogeneous product. In this market there are N > 0 co...

A: The equilibrium price is the price that is achieved where the demand curve of the market is equal to...

Q: What is goods

A: In economics, there are two types are items sold in the market: goods and services. Both these items...

Q: explain what is post heckscher-ohlin model?

A: The Heckscher-Ohlin model suggests that countries export what they are best at producing in economic...

Q: Suppose the MPC is 0.85. If government purchases increase by $10 billion and net taxes fall by $10 b...

A: MPC = 0.85 --------------------- Government spending multiplier = 1 / (1-MPC) => Government spend...

Q: Which of the following statements is (are) problems associated with economic growth? O a. Growth of ...

A: GDP(GROSS domestic product) is the sum of value of goods and services that are produced in an econom...

Q: For the net cash flow series shown, (a) apply the two rules of sign change, (b) find the external ra...

A: Given cash flow i=15%  

Q: How do investment banks works?

A: Banking is an integral part of economics, which accepts deposits from the people and generate loans ...

Q: 2. Under law of demand Drice of commodity is an

A: To find : Which comes under law of demand. 

Q: Price MC MC, = S 1 Quantity Figure 9 Demand curve and marginal private and social cost curves Toward...

A: Externality refers to spill-over effect of a good or service on third party which is not involved in...

Q: Q1. Consider a Cobb-Duglas utility function: log U = log A +a log X1 +b log X2 Given the prices of c...

A: a. MU1=ax1MU2=bx2MRS=ax1bx2=p1p2⇒p1x1=abp2x2From Budget constraint,p1x1+p2x2=M⇒(1+ab)p2x2=M⇒x2(p1,p2...

Q: The diagram below shows the short - run cost curves for 3 perfectly competitive firms in the same in...

A: In a perfectly competitive market, price is constant so it is equal to marginal revenue. Profit is m...

Q: Estimate the following model: In exports Bo + B1 ln gdp_d + B2 In dist_d + B3comlang + B4 (In dist_d...

A: The given model is: ln exports =β0+β1 (ln gdp.d) +β2(ln dist.d) +β3(comlang) +β4(ln dist.d*comlang)+...

Q: Suppose the market demand for pizza is given by Qd = 300 – 20P and the market supply for pizza is gi...

A: Substitute Goods Substitute goods refers to the goods that can be used in place of  one another. In ...

Q: 2. Sort these events and consequences into pairs. Match the free market transaction with the externa...

A: Externalities means positive or negative impact on third person due to economic activities done by a...

Q: Is population growth a problem?

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...

Q: Although documentaries often record events as they are occurring, sometimes events in a documentary ...

A: This statement is true.

Q: Question 4 a. Johnson's pig farm faces a demand curve given by Q = 40 - 2P and has a constant margin...

A: Given: Demand curve: 40-2P Average cost(AC)=$15.50

Q: The life-cycle model explains comparative advantage as follows: a. at the invention stage, ...

A: The life-cycle model After the Heckscher-Ohlin model failed to describe the observed pattern of inte...

Q: Appledale Dairy is considering upgrading an old ice-cream maker. Upgrading is available at two level...

A: Moderate option saving's present value is, 3600+32501.05+......+1500(1.05)6=15907.2 So the present w...

Q: Economic activity should continue to expand at a similiar rate to 2021's projected rebound, on the b...

A: Monetary policy can be either expansionary monetary policy or contractionary monetary policy, expans...

Q: The central bank increased monetary base from 1,000 to 2,000. Calculate the increasc in money supply...

A: Money supply is given by the formula: Money supply = money multiplier ×monetary base where money mul...

Q: cr+1 Consider the money supply Ms=mxB , m= cr+rr Assume that the demand for real money is given by t...

A: Since the question you have posted consists of multiple parts, we will answer the first two parts fo...

Q: Consider the local cable company, a natural monopoly. The following graph shows the monthly demand c...

A: Profit is maximised at a point where marginal revenue is marginal cost. At average cost pricing, pri...

Q: 11. Which of the following is a common criticism of government price controls? a) They restrict the ...

A: In a market, governement generally use price control strategy to restrict the unfair pricing policie...

Q: A firm has a fixed production cost of $1,000 and a constant marginal cost of production of $700 per ...

A: Given that, Total fixed cost (TFC) = $1,000 Marginal cost (MC) = $700 1)Total fixed cost remains con...

Q: 2. ENUMERATE SOME COMPARISONS AND CONTRASTS OF THE CONCEPT OF DEMAND AND CONCEPT OF SUPPLY. Give 5 e...

A: Demand and supply are two essential components of a market that determine the equilibrium quantity a...

Q: В.1. a) A profit-maximising firm faces a downward-sloping demand curve for its output and has margin...

A: * ANSWER :-    B.1) (a)  

Q: Suppose there are 92 workers in the economy, with overall labour supply LS=92. The labour demand in ...

A: Disclaimer: Since you have posted a multi-part question, I will be providing you with the answers to...

Q: Carlisle Company has been cited and must invest in equipment to reduce stack emissions or face EPA f...

A: SV = 17,500 P = 60000 TIME = 5 Years  rate = 10%

Q: Quantity Demanded Price $8 $7 $6 $5 8 $4 9 $3 10 $2 11 TABLE 10- 1 Refer to Table 10 - 1. For a sing...

A: A monopoly refers to the market condition in which a single seller control the whole market and have...

Q: What implication does resource scarcity have for the satisfaction of wants?

A: To find : What do resource scarcity fo for satisfaction. 

Q: Next week is Bob’s birthday and he will receive RM100.00 for his present. He saw a pair of jeans at ...

A: Here, it is given that Bob has RM100.00 from which he can either biy a pair of jeans or all other th...

Q: mand function in Number I becones Qd 40 -4P. w demand schodulo to the schodule constructed in Number...

A: 1.  We are given the demand function:           Qd = 50-4P 

Q: . Price-taking firms i.e., firms that operate in a perfectly competitive market, are said to be 'sma...

A: To find : Which is condition of smallness. 

Q: If the slope of the AD curve were lower (curve flatter), 1. Would the immediate response of output t...

A: The equilibrium output is attained where the aggregate demand and aggregate supply are equal.

Q: Basing from the profit equation, what among the variables is most dependent to a change in price? Wh...

A: Profit is the difference between total revenue and total cost. Total revenue is the revenue that is ...

Q: In an increasing cost industry, the long-run market supply curve is _____ because the long run _____...

A: The expenses that are being incurred by the business for carrying out transactions are known as cost...

Q: Aline has three contracts from which to choose. The first contract will require an outlay of $110,00...

A: * SOLUTION :-  (2)  

Q: Describe how demographers use size, density, distribution, age structure, and sex ratio of a populat...

A: By subtracting the crude mortality rate from the crude birth rate, demographers can calculate a popu...

Q: part C and D

A: The exchange rate is the rate at which one country's currency is exchanged for an additional currenc...

Q: Info for the following two questions: Consider the sequential game below, with two players (1 and 2)...

A: Answer -

Q: If ₱5,000 is invested for the period from March 19 to August 6, 2010 at 6% simple interest find: a. ...

A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts f...

Q: Do you think the benefits of labor migration outweigh the problems and incidents that causes on the ...

A: The movement of people over a specific distance  and from one "usual place of residence" to another ...

Q: Which of the following is not one of the main indicators to measure wealth in a country? Group of a...

A:  Wealth A collection of valuable economic resources that can be measured in real or monetary terms i...

Q: The value of money depends on which of the following factors? O a. The durability of the bills O b. ...

A: Answer to the question is as follows:

Q: 20.00 17.00 10.00 10.00 7.00 8.00 2.00 250 500 750 1000 120 100 1750 Quentity of shrp in kogram Gove...

A: Given: Target price=$17.50 per kg of Shrimp