It has been argued that natural monopolists should be allowed to determine their profit-maximizing outputs and prices and then government should tax their profits away and distribute them to consumers in proportion to their purchases from the monopoly.

Q: It is fair to discriminate in the amount of benefits for life and health policies: between…

A: When talking about discrimination, it refers to the situation when an individual is unfairly treated…

Q: Consider the following economy. Individuals are endowed with y units of the consumption good when…

A: Finance is a forecast of sales and spending for a particular destiny time frame this is typically…

Q: 1. Consider a two-person, two-commodity, pure exchange economy with: U =qh42, U, = 1922, 911 +9219,…

A: Given information U1=q11αq12U2=q21βq22q11+q21=q10q12+q22=q20

Q: Question: A tax is imposed on a certain good, and it produces revenue of $5,000 for the government.…

A: Given:  Total Revenue = $5000 Reduction in Consumer Surplus = $3000 Reduction in producer surplus =…

Q: The sole hirer in a labor market confronts the following labor supply curve: Labor Wage 1 8 2 16 3…

A: Labor: - labor is one of the factors of production, any physical and mental work by humans against a…

Q: What were the implications of the 1998 Russian Financial Crisis on the exchange rate and currency…

A: The Foreign Exchange Rate is the rate at which one currency is exchanged for another. The foreign…

Q: Empire Limited is trying to decide between two machines which are necessary in their manufacturing…

A: The measure that depicts the value of the expected stream of income being determined on the date of…

Q: Empire Limited is trying to decide between two machines which are necessary in their manufacturing…

A: Present Worth is the value that a certain amount in the future will be when discounted with the…

Q: Which of the following is not a way that the government has influenced labor in the United States?…

A: Government influences the labor market by creating various laws with the aim of increasing the…

Q: When compared to a large business, a small business has O roles that are shared across a larger…

A: An organization or entity that is being engaged in activities of industrial, commercial, or…

Q: Discuss how nations use expenditure-changing policies and expenditure-switching policies to achieve…

A: In this situation:- since the 1930s, nations have actively pursued internal balance as a primary…

Q: 8. In a small open economy, net exports NX depend negatively on domestic in- come Y and negatively…

A: The IS curve shows the inverse relationship between interest rate and quantity. The IS curve is…

Q: What is meant by a price floor?

A: Price control refers to a government's policy for controlling the pricing of products and services…

Q: Why are many people now living at the highest level of material prosperity in history? Is this level…

A: When talking about material prosperity, it refers to the sustainability in a society in terms of…

Q: Which branding strategy is Hilton using? Why is this appropriate for Hilton?

A: Hilton is using a brand strategy that makes its services unique from others. Hilton occupied the…

Q: To maintain an insurance producer license, an insurance producer MUST do which of the following?…

A: An insurance producer sells insurance items to clients for an insurance organization. It is a…

Q: 5. The average lifetime duration of credit card clients of Work Bank is 5 years. a) What is…

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

Q: Alice has been in a defined-contribution pension scheme since she was 35 and will retire in one…

A: There are different options available in the market these days to invest surplus funds so that one…

Q: Given the national income m (a) Write down the value of t (b) Graph the equilibrium equ determine…

A: * SOLUTION :-  Given that ,    C = 280+0.6y  I = 80  then  E = C+I  E = 280+0.6y+80 E = 360+0.6y

Q: Q)28. According to the Keynesian model of the money market, the money supply. a. It depends on the…

A: When talking about Keynesian economics, it can be said that he believes in the role of government in…

Q: Maize Farmer's Co. is considering two parent seed variety for its production of drought resistant…

A: Given information Seed X Initial cost=Php66000 Annul cost=Php 36000 Seed Y Initial cost=Php105000…

Q: A. Graph AFC, AVC, ATC and MC B. Explain the derivation and shape of each of these four curves and…

A: Answer A. The graph below shows all the four curves :

Q: Should governments subsidize recycling programs if they are run at an economic loss? What types of…

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

Q: Define Disposable income.

A: Disposable income, otherwise called dispensable individual income (DPI), is the measure of cash that…

Q: In the event of the death of a licensee, a temporary license may be issued to which of the following…

A: Answer: In the event of the death of a licensee, a temporary license may be issued to either…

Q: estion 1 Two computer firms, A and B, are planning to market network systems for office information…

A: The pay-off matrix shows the mixtures of the outcomes that are attainable from any strategic…

Q: Step 1) What happens in the short run to equilibrium price level and aggregate quantity & why?…

A: In macroeconomics, long-run growth is the expansion in the market worth of labour and products…

Q: 6  a)Draw a demand and supply schedule showing that a good will not be produced or sold? b) Draw a…

A: Schedule of Demand and Supply  The quantity of a commodity that the market buyer is willing to…

Q: Can you please answer the next few parts to this question?

A: To find the equilibrium outputs we solve the reaction functions of both the firms simultaneously.…

Q: Consider the two Nash equilibria found above. Is any one of them a Perfect Bayesian Equilibrium…

A: the Nash balance is an idea of game hypothesis where the ideal result of a game is one where no…

Q: Compare and contrast the three major approaches toenvironmentalpolicy: lawsuits,…

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

Q: How can we lessen the negative impact of globalization to our nation?

A: Globalization is the term which describes the interdependence of nation for trade of goods and…

Q: Thinking about a bond, an economist would argue that it really is ... Group of answer choices 1. A…

A: When talking about bonds in economics, it is considered as a monetary instrument that is used to…

Q: project's simple payback period is most nearly A. 3 years. B. 4 years. C. 6 years. D.5 years.

A: The payback time frame is the timeframe it takes to recuperate the expense of a venture or the time…

Q: 3. The economy of Country Zeta is in long-run equilibrium; however, the government is concerned…

A: In this situation, the economy of Country Zeta is in long-run equilibrium; however, the government…

Q: Multiple choice question and give a short explanation about your answer: According to the Fisher…

A: In the two-period model, the consumers behave rationally and smooth their consumption in the current…

Q: Compare and contrast maximum sustainable yield, ecosystem-based management, and adaptive management.…

A: Ecosystem management is a natural resource management method that tries to preserve the long-term…

Q: Explain how the application of monetary and fiscal policy might be used to stimulate a country’s…

A: Fiscal and Monetary Policies are policies which stimulate economic growth in an economy. It consists…

Q: Through utilizing fiscal policy, i.e. varying and/or governments achieve goals for output and…

A: The measure that depicts an increase in the production of services and goods during a given time…

Q: Given the information on the graph below, Р MC 16 12 8 8 10 Q a) find the firm's short run output…

A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…

Q: There is a proposal in Essex county to build hiking trails in a nearby reservation. There are two…

A: Willingness to pay: In behavioral economics, willingness to pay(WTP) refers to the lowest or highest…

Q: Insurance producer license fees are deposited into which of the following accounts? The California…

A: Insurance producer" or "producer" signifies an individual expected to be authorized under the laws…

Q: Consider a market with a single manufacturer M that sells its product via two retailers. The…

A:

Q: Let's say that the willingness to pay for public goods is given as follows. Assuming that the cost…

A: The public good is non-rival and non-excludable in nature.  The aggregate demand for the public good…

Q: Evaluate which of the following is true. The unbalance transportation problem where the total supply…

A: When talking about transportation problem, it can be said that this problem arises when there is…

Q: Choose the correct answer: Software companies continually work to develop new features of their…

A: The bandwagon effect is the term used to depict the propensity for individuals to take on specific…

Q: How does a currency swap work and give an example of when a Philippine citizen would decide to take…

A: a currency swap is an exchange wherein two gatherings trade an identical measure of currency with…

Q: Question 1 Compare and discuss the differences in the mark-up and excess capacity of the firm in the…

A: Since you have posted a question with multiple subs–parts, we will solve the first three sub-parts…

Q: 18. The theory of production does provide managers a formal framework in deciding the effective way…

A: The production method can be indicated as a con­tinuous, fluffy flow of resources via the pro­cess…

Q: When the price elasticity of demand is for the good is inelastic. Select one: O equal to infinity O…

A: Elasticity is a concept used in economics to describe the change in amount required or provided as a…