Look at the graph. Then answer the question that follows. PA D1 D2 P1- Q1 Q2

Q: Show a LRAC curve that exhibits only increasing returns to scale. In the same graph draw the corresp...

A: since In cost conditions, the long-run Average cost shome increasing returns to scàle only when the ...

Q: Job search O 1) is one reason economies always experience some unemployment. 2) is the process of ma...

A: The economy always experiences some unemployment even when it is producing at full employment.

Q: Fixed costs tend to remain the same in: O The short run. The long run. O Both the short run and long...

A: A firm incurs two types of cost of production, one is variable cost and other is fixed cost.

Q: What will be the future worth of money after 12 months, if the sum P25,000.00 is invested today at a...

A: The present value of money is (P)=25,000 Rate of interest (r)=1% per year (simple interest rate) Tim...

Q: a) The income elasticity of Abigail’s demand for CDs is 0.75. For Abigail CDs are a normal good or a...

A: Income elasticity measures the change in demand due to change in income.

Q: QUESTION 11 Which of the following statements is false? OA A change in the supply of an item will ca...

A: The curve that depicts various quantities of goods and services being supplied at various levels of ...

Q: In 1980, Denmark had a GDP of $90 billion (measured in US dollars) and a population of 6.1 million. ...

A: Given: Denmark GDP in 1980 = $90 billion Denmark population in 1980 = 6.1 million Denmark GDP in 200...

Q: These diagrams, pertain to a perfectly competitive firm producing output q and the industry in which...

A: Answer:- (B) Firms to leave the industry, market supply to fall, and product price to rise.

Q: The Production Possibility Frontier of a country has a slope equal to the ratio of the in...

A: PPF of a country is the set of feasible allocations of goods in a country such that all resources ar...

Q: Can an activity generate both positive and negative externalities at the same time? Explain your ans...

A: Please find the answer below.

Q: Compute the economy's GDP using the expenditure approach. Assume that all transactions are 2019.

A: Given, Hector spent for the maintenance of his car P 70,000 per month will be considered  Consumpti...

Q: Based on this model, households earn income when purchase in markets for factors of production. Supp...

A: The circular flow of income model states that money flows from firms to households in the factors of...

Q: Compared to commercial banks and thrift institutions, finance companies are   Question 26 options: ...

A: Answer:- (D) Virtually unregulated.

Q: Suppose that there is a market demand and market supply curve given by P = 10 - 0.1Q and a market su...

A:   Market demand curveP=10-0.1QD0.1QD=10-PQD=100-10PMarket supply curveP=2+0.001QS-0.001QS=2-P0.001QS...

Q: Suppose DeGraw Corporation, a U.S. exporter, sold a solar heating station to a Japanese customer at ...

A: The correct answer is given in the second step.

Q: two (2) differences between the consumer price index and the GDP deflator

A: CPI is Consumer Price Index.  GDP Deflator is Gross Domestic Product Deflator.

Q: Which of the following statements is true?   Question 30 options:   a)  A bank’s balance sheet sh...

A: A bank is an entity that acts as the financial intermediatary to provide loans to the investors and ...

Q: The Kansas City Chiefs football team just won the Superbowl and an ESPN.com poll showed that 74% of ...

A: As the football team has won to tournaments and 74% of fans of the country follow it.  It means thei...

Q: Your friend made an investment of P 45,000.00 for 60 days at 15% simple interest. If withholding tax...

A: In the above question, it is given that : Initial Amount = P 45,000 Time period = 60 days Interest ...

Q: An increase in price, all else held constant, would cause a change from       Multiple Choice   p...

A: The supply curve shows the association between the price of commodity and quantity of the commodity ...

Q: e accompanying table shows data from the World Bank, World Development Indicators, for real GDP per ...

A:

Q: Nominal interest rate (percent per year) 8 MS 4 MD .3 .6 .9 1.2 1.5 Money (trillions of dollars) In ...

A: Given; MS= Money supply MD= Money demand

Q: An increase in the supply of music downloads indicates that more music downloads will be     Mult...

A: Here, it is given that the supply of music downloads is increased in the market. 

Q: If the marginal propensity to consume increases, we should expect that

A: GIVEN   If the marginal propensity to consume increases, we should expect that Is

Q: The type of credit insurance that landed AIG into trouble in 2008 is known as   Question 8 options:...

A: Credit insurance:- Credit insurance is a form of insurance plan which a borrower purchases to pay of...

Q: Describe the difference between efficiency and effectiveness in government and give an example using...

A: Effectiveness vs Efficiency:- Effectiveness:- Effectiveness deals with the maximizing the desired r...

Q: If negative externalities exist in the production of a product, it causes causes_ of the product

A: Negative Externality : Negative Externality exists when the production or consumption of a good or s...

Q: Find the value of Z. Quantity Total Cost Fixed Cost Variable Cost Marginal Cost $5,000 $4,000 $1,000...

A: Total cost is the sum of variable cost and fixed cost. Variable cost depends on quantity whereas fix...

Q: Consider an economy described by the following data (in $ trillion): Č- 3.25; I- 1.3; G= 3.5: T-3.0;...

A: Dear student as you have posted multiple sub-parts in a question but according to our policies and g...

Q: The total cost (in dollars) to produce qq units of a good is given by the function: C(q)=7.6q+44000...

A:

Q: Which statement is true? O Austrians believe that financial markets are always efficient and that no...

A: Monetarists and Keynesian theories are two major macroeconomic theories that are related to the aggr...

Q: Quantity Total Fixed Costs Total Variable Costs (Dollars) (Dollars) 0 180 0 1 180 80 2 180 140 3 180...

A: Solution: (a)Formula used (i) Total cost (TC) = Total fixed cost (TFC)+ Total variable cost (TVC) (i...

Q: what is the spne?

A: The image attached below show red arrows as the best responses at each node:

Q: In the IS/LM model, the exogenous variables include     government spending, income and interest r...

A: Exogenous variables are those variables whose values are given to find the value of endogenous varia...

Q: Effect on Supply Effect on Demand WHY?? ENARIO 1: Consumers ar that leather coats will uble in price...

A: dd(demand) curve is a downward sloping line which shows the negative relation between P(price) and Q...

Q: The table below shows the share of income going to each quintile of the income distribution for a na...

A: A Lorenz curve was established by American economist Max Lorenz in 1905 as a graphical representatio...

Q: a. Explain briefly what the consumer price index tries to measure?

A: Since you have posted multiple questions, we will solve the first one for you. If you want any speci...

Q: The textbook discusses several things that determine how price elastic the supply of a good or servi...

A: A product's price elasticity describes how sensitive suppliers and buyers are to price changes. It i...

Q: With specific examples (of industries) discuss at least 2 factors against monopolies in the USA (min...

A: Monopolies came to the United States with the social administration. The large-scale public workshop...

Q: In the IS/LM, if α (alpha) =1.2, d=20, k=0.5, h=2, the monetary policy multiplier with respect to in...

A:

Q: The Gravity model predicts that two countries trade more the bigger they are and the closer they are...

A: Please find the answer below.

Q: Clothing (units per month) Food (units per month) Starting from point A, after the price of food dec...

A:

Q: (A) roydes PPC Japan PPC in Vetnam In reference to the above graph, suppose Vietnam and Japan are pr...

A: Note:- Since we can only answer one question at a time, we'll answer first one. Please repost the qu...

Q: Suppose Demand is given by Q = 60 -4P. What is the price elasticity of demand when P = 5? 1)-1/2 ...

A: Price elasticity of demand is a measurement of the change in the consumption of a product in relatio...

Q: [3] A firm has total variable costs and total costs as indicated in the table below. (a) Calculate t...

A: Here, the given table provides information about total variable cost and total fixed cost at differe...

Q: Find the value of X. Quantity Total Cost Fixed Cost Variable Cost Marginal Cost $5,000| $1,000 $1,00...

A: Total cost is the sum of fixed cost and variable cost 

Q: The graph compares employment rates in three sectors of the economy, in the UK betwe- c000-2010. Sum...

A: The Organisation for Economic Co-operation and Development defines the employment rate as the employ...

Q: In U-Shaped Average Total Cost Curve above Section 11.4 exhibit 2, why does AFC continue to fall eve...

A: Average fixed cost (AFC) refers to the total fixed cost (TFC) per unit of output AFC = TFC/Q Where Q...

Q: QUESTION 5 5. You are given the following information about an economy: $millions GDP at Market Pric...

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

Q: The MC curve cuts the AVC and ATC curves at

A: To find : Marginal curve where  cuts average curve