Q: Ten firms compete in a market to sell product X. The total sales of all firms selling the product…
A: here we calculate the four firm concentration ratio in the market for product X by the following…
Q: LAW OF DEMAND I choose Betty crocker Scenario 2: a. If the company decides to earn more profits and…
A: The rule of demand is one of the most fundamental concepts in economics. It integrates the laws of…
Q: In Investment in Human Capital (1962) paper by Gary Becker, what were his key findings and why was…
A: Most people associate capital with a bank account, a hundred shares of IBM stock, assembly lines,…
Q: A plant operation has fixed costs of$ | 50,000 per year and variable costs of $50 per unit. When the…
A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…
Q: Suppose you are considering hiring another worker. Also assume that you are at a firm that is…
A: We know that at the optimum: MRTS = MPL/MPK = w/r So here we have MPL = 5, MPK = 20 and w=2 and r=…
Q: what is the difference between nash equilibrium and dominated strategy?
A: Game theory is defined as the science of strategic decision-making that occurs in situations which…
Q: The manager's job in leading the previously mentioned production process is twofold: (1) to…
A: Managers of the firm has a place with the Middle level of the management. Managers generally goes…
Q: 5. A profit-maximizing firm is producing where MR = MC %3D and has an average total cost of $4, but…
A: Profit maximization is the process by which firms ensure that they have the best output and pricing…
Q: (9) Suppose the market for tennis shoes has one dominant firm and five fringe firms. The market…
A: With one dominating firm and five fringe firms (price-taking) in the tennis shoe industry, the…
Q: You have the following wage band Housekeeper $ 11-12 The band is…
A: The following wage band of housekeepers is $11-12. The band is increased by 5%
Q: Suppose the government share of GDP is 20 percent and the consumption, investment, and net export…
A: GDP measures the total financial or market worth of all final goods and services produced within a…
Q: 6. Why might a monopolist advertise heavily for its product even though it isn't competing with any…
A: The structure of the market that controls and dominates the market for a particular service or good…
Q: Are the following statements true or false? Select the best answer. Statement 1: Allocative…
A: Productivity and allocative efficiency is achieved in Perfect competition market structure.…
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: Once you have this, you are considered a part owner of the company. O A. Stock О В. Bond O C. Profit…
A: Stocks are traded in the stock exchanges. These stocks are also known as the shares of firms.
Q: A donor made the following donations during 2018:To Abel, a car worth 800,000To Jen, a condominium…
A: A donor made the following donations during 2018:To Abel, a car worth 800,000To Jen, a condominium…
Q: Consider providing electricity to a home which needs 10 kW of power by the two options & B given…
A: For Annual Cost basis of comparison we derive the annuity of the net cash flow of the costs of two…
Q: pros and cons of shared economy in details
A: A peer-to-peer activity of purchasing, providing, or sharing access to items and services supported…
Q: e average propensity to save is 0.39 Iculate saving if income is $650
A: *Answer:
Q: 6. What does the equation of exchange, Mx V= Px Q, help to explain?
A: The expression, MV = PQ represents the quantity theory of money given by economists Fisher. M×V=P×T…
Q: Is there salary fairness in professional sports?
A: Concept: Salary fairness refers to when the salary paid by the employee is considered fair. This…
Q: A two-good economy is in a competitive equilibrium. The price of a piece of candy is $2 and the…
A: Competitive market: - it is a market condition where there are many buyers and many sellers in the…
Q: Show the complete solution. The final answer is already provided. Q3. Edeas signed a contract to…
A: The PV of the cash flow is the present worth of a cash flow at a particular rate of interest and…
Q: Identify the correct statement about Partnership O A. Capital is a challenge to raise ов. partners…
A: A partnership is a formal arrangement by two or more parties to manage and operate a business and…
Q: 1. Match the description to the type of tax, v Tax on the use of vehicles, gasoline, alcohol,…
A: Since we only answer up to 3 sub-parts we will answer the first 3. Please resubmit the question…
Q: ager is considering the following two quotes from two vendors for purchace and maintanance of an lor…
A: *Answer: For Vendor Y , one should use the Annual real interest rate of 8% as the discount rate…
Q: 1. Ifa country's par exchange rate was undervalued during the Bretton Woods fixed exchange rate…
A: Here, it is given that the country is experiencing the undervalue of the exchange rate in the…
Q: Consider providing electricity to a home which needs 10 kW of power by the two options A & B given…
A: For Annual Cost basis of comparison we derive the annuity of the net cash flow of the costs of two…
Q: (c) Long-run average total cost curve is a curve that shows the lowest (Unit) cost at which the firm…
A:
Q: 1. A study indicated that the optimal price for a consumer product is $32.45. Most products in the…
A: The correct answer is given in the second step.
Q: er's ownership land rental ecropping r E's production function is y = 20 x VT (Yis the final output,…
A: Solution given below,
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: Given that the firm's TFC=$10, complete the following table: (Note: you must show your calculations…
A: Given Output and AVC Fixed cost remains 10 $ throughout the output Here formulas AFC = TFC / Q ATC…
Q: Inventory investment = $ %3D Net exports = $ Gross domestic product = $ Statistical discrepancy $…
A: The national income or GDP can be calculated by using the expenditure method. The expenditure method…
Q: What is the fundamental problem of econometrics? 2. Explain in words and with the formula we
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If…
Q: G
A: In case of fixed proportions production function, the isoquants are L-shaped and the production…
Q: #7
A: Kreps and Scheinkman develop an extension of the Cournot and Bertrand duopoly models in which the…
Q: Choose one theory of economic development and draw/graph/write an economic model that described this…
A: When we consider the production possibility curve then it can be used in the condition where…
Q: What happens to the weight attached to food over time in most countries?
A: The CPI is the consumer price index. It measures the weighted average price of a basket of consumer…
Q: When a country has a comparative advantage in the production of a good, it means that it can produce…
A: Comparative advantage depends on opportunity cost, which is the decrease in production of one good…
Q: If there was a policy that required all refrigerators manufacturers to produce energy efficient…
A: Carbon Tax and Cap & Trade - The goal of a carbon tax is to establish a price on greenhouse gas…
Q: The goods markets of countries A and B are described by the following equations: C = co + c¡ (Y –…
A: Given C=c0+c1Y-T .... (1) I=b0+b1Y-d2i .... (2) G=G For country A: T=t0 For country B:…
Q: a) The production function q = 9KO.8LO.1 exhibi [ increasing returns to scale, constant return to…
A: Increasing returns to scale occurs when the output increases by a larger proportion than the…
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: What models does Gary Becker use to justify and explain human capital and why economics should focus…
A: The late Professor Gary Stanley Becker (1930-2014), was one of the early and key theorists of "the…
Q: For fiscal year 2006, the national debt of a country was approximately (8.302 x 1012) dollars. At…
A: For fiscal year 2006, the national debt of a country was approximately (8.302 x 1012) dollars.…
Q: Headline Core inflation inflation Other goods and services (relative to the base year (relative to…
A: *Answer: Core inflation = (102/100) -1 = 2% Headline inflation = [( 116/2+ 102/2) - 100] = 9%…
Q: 1- Create a consumer model that shows how economists explains the consumer choice between two…
A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…
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: Consider the following. Demand Function Quantity Demanded 242 + 2 p = x = 3 Find the price…
A: Elasticity of demand is defined as type responsiveness of the quantity demand when price of the…
Step by step
Solved in 2 steps
- ▼ Cash Flow Present Discounted Value Interest Rate is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which $3000 is to be paid out a year from today with the interest rate equal to 3% is $.(Round your response to the neareast two decimal place) Part 3 If a loan is paid after two years, and the amount $3000 is to be paid then with a corresponding 1% interest rate, the present value of the loan is $.(Round your response to the neareast two decimal place)▼ Cash Flow Present Discounted Value Interest Rate is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which $3000 is to be paid out a year from today with the interest rate equal to 3% is $.(Round your response to the neareast two decimal place) Part 3 If a loan is paid after two years, and the amount $3000 is to be paid then with a corresponding 1% interest rate, the present value of the loan is $.(Round your response to the neareast two decimal place)ASAP PLZ 1)Nolan Walker decided to buy a used snowmobile since his credit union was offering such low interest rates. He borrowed $4,100 at 4.25% on December 26, 2019, and paid it off February 21, 2021. How much did he pay in interest? (Assume ordinary interest and no leap year) (Use Days in a year table) (Do not round intermediate calculations. Round your answer to the nearest cent.) Interest paid______
- Mr.Abdullah specializes on Arbitrage trading. He has got the following quotes regarding 3 currencies GBP 0.739541 / USD AUD 1.3081 / USD GBP 0.563789 / AUD Now he wants to use USD 1000000 and make a profit. Answer the following questions based on the data given above. After converting from USD to GBP and from GBP to AUD, How much will he get in converting AUD to USD in the above process? a. 1715879 b. 1002777.804 c. 739541 d. All the options are wrong e. 1311733.645 After converting from USD to GBP, How much will he get in converting GBP to AUD? a. 739541 b. 1002777.804 c. 416945 d. None e. 1311733.645 How much will he get in converting USD 1000000 to GBP? a. 1311733.645 b. 1002777.804 c. None d. 739541 e. 1352190 Which cross rate should he calculate and compare with actual quotes to make sure that he will get profit a. GBP/AUD b. USD/AUD c.…Part of the income that a machine generates isput into a sinking fund to replace the machine when itwears out. If $2,400 is deposited annually at 5% interest, how many years must the machine be kept beforea new machine costing $45,000 can be purchased?3. Mr. Soriano is an OFW from United States of America and returned to Philippines for good last December 2020. While in transit going to his province, he used his 100 USD currency to pay for his take-out food but the cashier refused to honor the money considering that there’s no issue with the money. Is the cashier correct? Why? Why not?
- Question A Friendly’s Quick Loans, Incorporated, offers you $5.25 today but you must repay $6.55 when you get your paycheck in one week (or else). What is the effective annual return Friendly’s earns on this lending business? Full explainthe this question very fast solution sent me step by step Don't ignore any part all part work u Text typing work only not allow paper workCash Flow is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which $1000 is to be paid out a year from today with the interest rate equal to 5% is $.(Round your response to the neareast two decimal place) Part 3 If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 7%interest rate, the present value of the loan is $.(Round your response to the neareast two decimal place)Cash Flow is based on the notion that a dollar paid in the future is less valuable than a dollar paid today. Part 2 The present value of a loan in which $1000 is to be paid out a year from today with the interest rate equal to 5% is $. (Round your response to the neareast two decimal place) Part 3 If a loan is paid after two years, and the amount $7000 is to be paid then with a corresponding 7% interest rate, the present value of the loan is $. (Round your response to the neareast two decimal place)
- Profit is $132 000, accounts payable increased $10 000 during the year, inventory decreased $6000 during the year, and accounts receivable increased $12 000 during the year. Using the indirect method, what is net cash provided by operations?a. $104 000.b. $116 000.c. $124 000.d. $136 000.What impact does the market for intangible property such as stocks and bonds have on the market for real estate? Why would a real estate investor pay attention to what is happening in these markets? Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.1. Compute the present worth at time zero of deposits of $1,000 a year for 10 years with nominal interest of 18.23% for: a) End-of-year deposits and continuous interest. b) Continuous-through-the-year deposits and continuous interest
