Marie has a weekly budget of $24, which she likes to spend on magazines and pies. 1) If the price of a magazine is $4 each, what is the maximum number of magazines she could buy in a week? 2) If the price of a pie is $12, what is the maximum number of pies she could buy in a week?

Q: Consider the market for a good shown in the graph below. If the price of the good is set at $2,…

A: Equilibrium is achieved where demand intersects the supply

Q: n analyzing risk levels among industries, studies have found that: a. risk levels vary among…

A: In analyzing risk levels among industries, studies have found that risk levels usually are different…

Q: When the intended result is to be accomplished for community-service plan?

A: community service is a type of chipping in expected to help individuals or serve the more extensive…

Q: For a firm operating in a competitive industry, which of the following statements is not correct?…

A: Perfectly competitive market is such a market where there are very large number of buyers and…

Q: Brighton and Hove Albion generated ticket sales of £15,000,000 from its home matches in the 2018/19…

A: The various sources through which a business generates money from the selling of goods or the supply…

Q: Imagine an economy with a production possibility frontier showing constant opportunity cost. The…

A: Given that the production possibility frontier is showing constant opportunity cost. And the economy…

Q: Which of the following is not an assumption of monopolistically competitve markets? Group of answer…

A: Monopolistic competition basically refers to a usual market condition in which competitors providing…

Q: Suppose that the price index of 150 for quantity demanded of US Real GDP is 10.0 trillion worth of…

A: A standardized normal of cost family members for a given class of labor and products in a given…

Q: want you to provide me the Cash Flow diagram of the problem. Only cash flow diagram, the solution is…

A: A cash flow diagram is a monetary apparatus used to address the sources of income related with a…

Q: Assume that all the money is held as a deposit while banks keep 10% of the deposit as a reserve.…

A: Answer is given below

Q: MC#9) Suppose a country has the following Phillips curve: π = π-0.4 (u - u"), where expectations are…

A:

Q: which of the following factors does not indicate market liquidity? a. number of shareholders b.…

A: When talking about market liquidity, it can be said that it is the ability of an asset to be…

Q: Outpul Price | MPC | MEB /MSC / MSB / 20 64 64 100 80 1 10 bo 80 60 १० 2 3 80 160 60 96 80 64 64 92…

A: When firm produces goods it doesn't consider positive externalities into account.  And when firm…

Q: 4. Adaptive and Rational Expectations a. Suppose you are in the Adaptive Expectations world. Using…

A: Given information Natural rate of inflation=1% Last years expected inflation=1% Last years actual…

Q: When the covid-19 shock started in early 2020, supermarkets quickly ran out of toilet paper as panic…

A: Introduction Even though the country is progressively reopening in the midst of the coronavirus…

Q: Suppose demand for a monopoly’s product falls so that its profit-maximizing price is below average…

A: A monopolist can decide its profit-maximizing cost and amount by dissecting the marginal revenue and…

Q: In the figure below, panel (a) depicts the linear marginal cost of a firm in a competitive market,…

A: Perfect competition is an ideal kind of market structure where all makers and customers have full…

Q: The labor supply curve is fundamentally a representation of the trade-off people face between which…

A: Labor supply curve represents the relationship between the wage rate in the market  and total number…

Q: What are the factors that characterize the developing countries. Make a summary on the different…

A: The business environment can be explained as the external surrounding of the business that directly…

Q: The only kind of interest rate that can be used in the interest formulas is: (EXPLAIN YOUR ANSWER) A…

A: In a market for loanable funds and securities, a lender receives interest rate and a borrower pays…

Q: Explain the concept of the Expected Utility Hypothesis (EUH) and state all relevant assumptions. Use…

A: When there is uncertainty about the result, this theory estimates the likely utility of an action.…

Q: if the Bargaining Power of Suppliers is high or low in the Gas and Oil Industry

A: If we consider the Oil or Gas industry then there are barriers for the firms that can be seen as the…

Q: Product Differentiation is not easy as new firms cannot easily enter the market because it has many…

A: Product differentiation: When a product has a different feature when compared to another product…

Q: Assume a 2 percent required reserve ratio, zero excess reserves, and no currency leakages. Calculate…

A: The formula for money multiplier is Money Multiplier = 1/r where r is required reserve ratio

Q: sources if finance

A: The eclectic paradigm, also known as the ownership, location, internalisation (OLI) model or OLI…

Q: Elaborate what is catering function for.

A: Function catering is the provision of a particular function for a certain set of people at a defined…

Q: what is the present worth (PW) for the following cash flow?. Use (i-6% Annual payment= $100 per year…

A: Given the number of years = 9 Interest rate, r = 6% Annual payment till 9 years = $100

Q: at is the gain or loss on purchasing power for 2021? (if LOSS, put a negative (-) sign before the…

A:

Q: If non-chequable savings accounts are equal to R216 600, M1A equals R560 000, cheques, transmission…

A: A money market account (MMA), sometimes known as a money market deposit account (MMDA), is a deposit…

Q: Which of these is an example of a macroeconomic topic? Please choose the correct answer from the…

A: Microeconomics studies the behavior of individual economic units of the economy, i.e., individual…

Q: 8. Decide whether you agree or disagree with each of the following statements and explain your…

A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…

Q: Draw the graph of the product differentiation formula of Pepsi Industry

A: The primary objective of establishing a new product is to avoid becoming yet another comparable…

Q: Discuss the utilitarian argument for conserving and preserving natural resources for future…

A: Individual animals may be used sustainably as long as evidence shows that their usage helps conserve…

Q: Profit-maximizing firms enter a competitive market when existing firms in that market have Group of…

A: The structure of a market where there tend to exist various producers that compete with each other…

Q: What aspect of Aggregate Demand results in monetary gain from "factors of production" to households?…

A: The term that depicts quantities that are being demanded by individuals at various levels of price…

Q: Very large aggregate supply changes are always responsible for very high inflation rates. Select…

A: Aggregate supply: It refers to an increase in the total output of goods and services. It shows the…

Q: NewTech

A: Making a arboreous diagram to sketch out a course of action or a applied math likelihood analysis is…

Q: Match the statement affecting the production possibility curve with its graphical representation:…

A: PPC(production possibility curve) shows the combination of 2 goods which can be produced using the…

Q: Loose monetary policy   a)  typically slows down the economy   b)  typically ignites the…

A: Monetary policy is conducted by the central bank of the country in order to control the money…

Q: An applicant for life insurance must be informed of their rights under the Fair Credit Reporting Al…

A: An insurance market is the one in which an individual buys an insurance to protect himself against…

Q: 3. The towns of Sawyer and Thatcher each have a labor force of 1,200 people. In Sawyer, 100 people…

A: Given: The labor force = 1,200 people In Sawyer, people were unemployed = 100 In Thatcher, every…

Q: what is the present worth (PW) for the following cash flow?. Use (i= Annual payment= $100 per year…

A: Given the information: Return at the first-year income = $200 Return at the 9th year = $600 Annual…

Q: An economy produces three products, bags, computers and shirts. The prices and quantities of these…

A: GDP estimates the market value of an economy's final products and services generated over a certain…

Q: Felix and Janet are farmers. Each one owns a 20-acre plot of land. The following table shows the…

A: There are two farmers, i.e., Felix and Janet Each owns a 20-acre plot of land  Each produces Rye and…

Q: Referring to Figure 1 in Question 14, When the price of the good is $175, the firm's maximum profit…

A: Profit=Total Revenue-Total Cost Profit=TR-TC   We know that, TR=P*Q When P=175, Q=515 TR=175*515…

Q: Question 11 Refer to your answers to Questions 8 Will there be entry, exit, or neither by other…

A: We have given  Q Tc mc 0 6   1 10 4 2 15 5 3 21 6 4 29 8 5 38 9 6 48 10 The…

Q: What is the cost-effective solution for abatement of toxins by firms All firms should abate until…

A: Since, the cost effective solution for the abatement of toxins by firms means how the firms adjust…

Q: Homework (Ch 03) When country has a comparative advantage in the production of a good, it means that…

A: A Country or an individual is said to have a comparative advantage if it can produce the good at a…

Q: Suppose that the government believes the economy is not producing goods and services at its optimal…

A: Answer is given below

Q: Questions: (1) How much is the income elasticity of chicken consumption, and how much is the…

A: Consumption of chicken is regressed on real income, price of chicken and price of beef.