Q: Can i get some help?
A: Income elasticity of demand depicts how much consumer responds with the change in his/her income.
Q: E2
A: The individual's preferences are "well-behaved" enough to be spoken to over probability distribution...
Q: Banks are able to create money in the economy if a. Banks loan out their excess reserves b. Banks d...
A: The bank is an essential part of our economy to manage and control the money supply in the economy, ...
Q: If a monopolistʹs marginal revenue is $18 a unit and its marginal cost is $17, then (A) to maximiz...
A: Given : Marginal Revenue of a monopolist = $18 a unit. Marginal Cost of the monopolist = $17.
Q: Suppose that, holding yield constant, investors are indifferent as to whether they hold bonds issued...
A: Given: The state government has issued perpetuities with= $78 coupons The federal government has al...
Q: Need help for all three! Thank you:)
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new que...
Q: Suppose widgets have a price elasticity of demand equal to -1,95 and a cross elasticity of demand eq...
A: Given, Price elasticity of demand of widgets = -1.95 Cross elasticity of widgets = 2 dandles
Q: 39. Consider the following statements and select the incorrect one/ones using the code given below :...
A: Essential Costs are those expenses which are incurred to keep the things in running loop like health...
Q: Suppose there are two medical goods. Heart surgery and plastic (cosmetic) surgery. The market price ...
A: Given: The market price for the heart surgery is = $100k The market price for plastic surgery is = $...
Q: 4. Partnership S has the accompanying compensation scale for a worker. Base compensation rate $2.50/...
A: Compensation refers to the monetary reward given to an employee in exchange for their services or sp...
Q: Kroger, the country's leading grocery-only chain, added a line of private label organic and natura...
A: To begin, consider how profit margin is computed as a percentage. The price at which a merchant sell...
Q: Suppose that a firm producing copper is dumping mine tailings into the river. Assume that the price ...
A: Answer - Need to find- The market level output Given in the question-
Q: (1)The following macroeconomic model describes the economy of Sunderland. 1. Y C + I + G + NX Income...
A: a) Equation #2 that is: C = 220+0.63Y It is not fair characterization to refer to the above equat...
Q: Consider the first two principles of economics: Choose one of them and state it. Then discuss an exa...
A: The principle which I have chosen is "People face trade-offs" Nothing is free in this world. Makin...
Q: A large city in the mid-West needs to acquire a street-cleaning machine to keep its roads looking ni...
A: From the 1st two parts we know, Life years, N = 5 years, MARR = 12%, labor cost, w = $50 per hour. L...
Q: (b) Two hotels, Hotel Sandy and Hotel Magda, are competing for a limited number of tourists. The hot...
A: Sandy / magda Expand Add water sport Expand (2, -5) (1,3) Add water sport (-5,2) (4,5) ...
Q: Solve the following equation for x, where x represents a real number. X3D0.56х — 1.32 X = (Type an i...
A: Given equation: x=0.56x-1.32 Taking x terms to the left-hand side x-0.56x=-1.32
Q: A firm produces a steel bar. When the price of the steel bar is $ 30,000, the quantity demanded is 8...
A: Elasticity of demand: It is the measurement of percentage change in the quantity demanded of a commo...
Q: Answer 1, 2 and 3, see the question properly.
A: Part a) Profit of firm 1 : Total revenue = 120 (q1 + q2 ) q1 = 120 q12 + 120 q2 q1 Profit = total r...
Q: Can i get help with this one?
A: The income elasticity of demand measures the responsiveness of percentage change in demand due to so...
Q: 1. Explain President Truman's containment policy.
A: The containment policy is also known as the Truman doctrine. The containment policy is essentially a...
Q: Describe the economic concept of Elasticity evaluate the interpretation of different types, kinds an...
A: Elasticity is the concept that evaluates the responsiveness of demand to a change in its price. This...
Q: Why were cowrie shells considered a good form of money for centuries a. They are durable b. They a...
A: Money/currency refers to that common medium of exchange which has certain properties like : Durabil...
Q: please give me calculation!
A: Assets are anything that yields benefits to the business firms in future. Its examples are cash, bus...
Q: Please show me step-by-step explanations, please. Thank you.
A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...
Q: use the demand function below to answer the questions that follows Qdx = 3/4 - 1/3Px - 5Py + 2Pz - 2...
A: The quantity demanded of the good is defined as the amount of the good consumers are willing and abl...
Q: "Isoquants and isocosts are tools of optimization." Analyse the statement.
A: The firm uses inputs in the production process which is called factors of production. There are four...
Q: Discuss the importance of Asia in global business.
A: Answer: Importance of Asia in global business. The most populated market of the world is located in...
Q: The following table shows data on a hypothetical country's Real GDP from 1970 through 1978: Real GDP...
A: Answer: The graphical presentation of the real GDP from 1970 through 1978: From the above figure, i...
Q: E2
A: The production possibility frontier (PPF), also known as the production possibility curve (PPC) or t...
Q: A machine purchased 4 year ago cost 80,000 can be used for only two more years. The operating cost i...
A: Given Information Machine Purchased = 80,000Operating cost = 71,000Life = 10 Year Interest rate = 12...
Q: E1
A: Floating exchange rate: It is an exchange rate system where the currency value of a country is set u...
Q: Find one positive or one normative statement. Explain how you know they are either a positive or nor...
A: One positive statement : Moffatt cited similar problems in Alaska, home to a national dividend fund ...
Q: Is this market in equilibrium? How do you know? What is one idea you can think of to help solve thi...
A: Demand for a commodity or service conveys the number of units that a buyer is willing and able to bu...
Q: What is the key economic rationale for assistance from international economic institutions to the Ca...
A: Answer- Need to find- What is the key economic rationale for assistance from international economic ...
Q: Eric who previously worked in his family business without pay has now started his own sole proprieto...
A: Unemployment refers to people who are employable and actively searching for a job and are currently ...
Q: 1. For the each of the following, use the supply and demand of reserves diagram to make the necessar...
A: a). Answer: In the Holiday season, it will cause banks to increases their holdings of excess reserve...
Q: Describe a typical analysis and planning approach to technical problems or management requirements a...
A: A focused and detailed business requirements analysis can help you avoid problems like these. This i...
Q: Multiple Alternatives 8-12 Consider the following alternatives: Initial cost $300 $600 $200 35 981 4...
A: Present worth can be calculated bu using following formula Present worth PW = Initial cost + annual ...
Q: The marginal product intersects average product at the point where average product is maximum. Selec...
A: Marginal product is the change in the total product due an increase in the one unit of additional va...
Q: What would be the solution?
A: Public good: - goods that are both non-excludable and non-rival in nature are known as public goods....
Q: A very large number of firms with standardized products none can control price and firms are price t...
A: Taking definition of each market one by one. a. Pure competition •Verg Large number of firms • homo...
Q: QUESTION 15 Eric who previously worked in his family business without pay has now started his own so...
A: In a market, an individual will be counted in the labor force if he is able and willing to work. Fur...
Q: The following questions are on the hypothetical economy of Jacksonland. The multiplier is the idea t...
A: Investment multiplier refers to change in income due to change in the investment, which is given by ...
Q: QUESTION 21 If there is a recession in the economy then Fed may act by O a. buying bonds. This buyin...
A: In a recession, the general public demands less and the currency in circulation is less. The Federal...
Q: See pictures below... So, given the summary table of the two different market structures, you can in...
A: Given : The diagrams of both competitive market and monopoly market is given. The profit maximizing...
Q: way call : endeavor administration and decision making sort of work : case notice Little Case associ...
A: Following are the advantages of setting up approaches of an enterprise-wide structure:- there is a ...
Q: You decide to create a burger restaurant named BurgerDeals to help pay for college fees. The table b...
A: The total fixed cost is the cost which remains same irrespective of output. Therefore in the Questio...
Q: Suppose that the productivity of labor fell and that real wages were fixed (at least in short-run). ...
A: Given that the productivity of labor is tending to fall this will have an impact on both the real wa...
Q: P1 R P2 3 U 8 P1 P1 R' L' R' L' 4 (a) Find subgame perfect Nash equilibria of the game above. (b) Fi...
A: Players: {P1, P2} Actions: P1 Action = { R, L} P2 Action ={U, T} Strategies: P1 Strategy = {RR' , RL...
Can a settlement award be enforced under the New York Convention?
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- Which of the following is an example of a nontariff trade barrier? Group of answer choices Customs and Administrative Entry Procedures International duties Compound duties Revenue tariffsI need a brief/short and understandable explanation as to how the development of the world trading system changed over a period of several centuries.Many legal structures are designed to either encourage or limit trade. True or false?