O produce too little output from the standpoint of efficiency. maximize its profits. lose money.

Q: The graph shows the demand curve for wallets and the market price of a wallet. Price (dollars per wa...

A: Answer -

Q: While visiting family in Mexico, your professor has a budget of $ 255 ($ = pesos) that he spends on ...

A: Here we calculate number of shots purchase by professor by using the given information so the calcul...

Q: What is the IRR in the following cash flow? Year End 3 4 Cash Flow 1,800 -6,000 1,800 1,800 1,800 1,...

A: Here we calculate the value of IRR of the given cash flow by using the given information and choose ...

Q: 2. Explain the connection between the rise of global fascism and the global Great Depression?

A: Fascism is a political movement that advocates for a forcibly homogenous, regimented nation ruled by...

Q: Suppose that Tommy Hilfiger's marginal cost of a jacket is $200 and at one of the firm's shops, tota...

A:

Q: Next question The figure shows the labor market in a region. For a minimum wage to change the wage r...

A: Minimum wage is a form of price floor initiated by the government to ensure that the laborers are pa...

Q: Which one is correct? A/B/C/ Last year, North End Coffee Roasters Bangladesh opened a number of bran...

A: Investment is the process of capital formation during an year . And it is part of GDP components . W...

Q: 9. what do hing/ Plaughing beck of obil? tete k adyantages you undeiland by oclained and disadumtage...

A: The percentage of a company's earnings that remains after dividends are distributed to shareholders ...

Q: 2. A construction firm plans to purchase new excavator. Two manufacturers offered to company with th...

A: Here we  will compare these two options using PW method. The economic life is different here so we w...

Q: 4. About 10 years ago, the POM Pomegranate Juice brand was created by a middle-aged couple in Nebras...

A: The POM pomegranate Juice brand sees skyrocket because of news spread of how good and healthy pomegr...

Q: The Chicago Bears offer what are essentially two products: preseason and regular season football gam...

A: Total revenue is the total receipts a dealer can acquire from offering labor and products to purchas...

Q: I went to the store to buy new bookbag.  I expected to pay $50.  It was only $30.  I got a _________...

A: Consumer willingness to pay measures or represents the cost of a good or service to a buyer.

Q: Find the equilibrium price and equilibrium quantity and graph it Qd = 30-4P Qs = 10+6P

A: Given:- Qd=30-4P Qs=10+6P To calculate:- Equilibrium price and quantity=? Please find the images att...

Q: A man secured a P 7,164 loan at 6 % interest rate. Find the annual amortization to extinguish it in ...

A: An amortising loan is one in which the principal of the loan is paid down over the course of the loa...

Q: What would the government budget balance be equal to? $ trillion.

A: GDP is the sum of consumption, investment and government spending. When government spending exceeds ...

Q: The cross-price elasticity of demand for Goods A and B is equal to one. O A. A and B have the same u...

A: Cross price elasticity is given as the change in quantity demanded of good A when nothing but the pr...

Q: The availability of Big Data in real time reflects its O A. variety B. none of these C. volume D. ve...

A: Gathering information from relevant sources requires efforts because researchers generally gets raw ...

Q: hat is a basic definition of per diems? what are the pros and cons of per diems?

A: Per diems: It refers to the expenses and it is a Latin expression that signifies "for every day." Pe...

Q: If the Fed lowers the federal funds rate so that the exchange rate falls, then imports ________ and ...

A: The fall in the exchange rate implies the fall in the value of currency or depreciation of currency ...

Q: Suppose a country has a large current account deficit (in the vicinity of 12% of GDP). It has a gros...

A: Given information current account deficit 12% GDP capital formation rate=28% Budget deficit= 3% Priv...

Q: 8. Substitutes, complements, or unrelated? You work for a marketing firm that has just landed a cont...

A: Cross price elasticity of demand measures the responsiveness of quantity demanded of good 1 with res...

Q: What are the difference of Tariff and non-tariff restrictions?

A: Tariff restrictions are the tax restrictions and non-tariff restrictions are the non-tax restriction...

Q: 6. Individual and market supply Suppose that Carlos and Deborah are the only suppliers of pizza slic...

A: Answer: Market demand: market supply refers to the sum total of individual supplies.  Price (Doll...

Q: Mergers have been an important part of the airline industry. Have they been successful?

A: A merger is an agreement that brings two current businesses together to form a new one. There are va...

Q: Suppose that a firm's fixed proportion production function is given by q= min(5k, 10L) a.Calculate t...

A: Given: q= min(5k, 10L)  

Q: 7. Given the following estimated regression line Y = 10.0 + 6.0 x X. R2 0.40, SER = 2.0, n = 500 (8....

A: Answer: (1) α = 1 - (confidence level / 100) = 1 - (99/100) = 0.01 The critical probability = p* = 1...

Q: As a result of financial innovation, which of the following is TRUE? I. Variable interest rate mortg...

A: Answer-

Q: In the short‑run specific‑factors model, consider a decrease in the stock of land. For example, supp...

A: a. The decrease in arable land will decrease the supply of land for planting crops therefore supply ...

Q: Price D1 D 2 S 1 S 2 $16 12 17 30 $14 10 15 15 27 $12 13 18 13 24 $10 15 21 11 21 $8 18 24 18 $6 20 ...

A: Price D1 S1 $16 7 17 $14 10 15 $12 13 13 $10 15 11 $8 18 9 $6 20 7 In economics, mark...

Q: The price elasticity of demand for a popular sporting event is 0.4. If the price of a ticket to this...

A: Price elasticity of demand=% change in quantity demanded%change in price0.4=% change in quantity dem...

Q: h the aid of the diagram, show and explain the effects of change on market for education with the in...

A: Education: It is both the demonstration of instructing information to other people and the demonstra...

Q: Table 29-3 The First Bank of Roswell Assets Liabilities Reserves $30,000  Deposits $200,000 Loans 17...

A: Required reserve ratio is the percentage of deposits that must be held as required reserves by banks...

Q: (b) AVILA Construction Sdn Bhd plans to buy a new truck crane. There are THREE (3) alternative brand...

A: We need to calculate, (i) Cash-flow diagram for each machine. (ii) Using private project evaluation ...

Q: hat is the 'Keynesian Fiscal Multiplier’ and things might decrease its magnitude? ve both the defini...

A: The initial rise in expenditure leads to multiple rise in the income level, such phenomenon is known...

Q: Darien invests $10,000 in an account that pays 3.2% interest per year, compounded semi-annually. Wha...

A: Here we calculate the amount after 3 year by using the given information , so the calculation of the...

Q: Fruitland has a very simple economy: it produces just apples and oranges. It has no imports and expo...

A: The economics as a study is based upon the idea of scarcity where the resources in the economy are l...

Q: Use the timeline to calculate the value of the annuities i=7%. 6 5 4 3 (1) - (3) 3 4 lo (1) .value a...

A:

Q: A production possibilities curve can shift inward if there is a. an increase in productivity b. an ...

A: We discuss here what happens in each of the scenario. a. an increase in productivity: In this case w...

Q: Attempts Keep the Highest/ 4 3. Gains from trade Consider two neighboring island countries called Co...

A: If a country can produce a good at a lower opportunity cost it is said to have a comparative advanta...

Q: 4. (a) Profit-maximizing price must equal p = S MC, where e is the price elasticity of demand. What ...

A: 4(a) As per the rule of profit maximization we have marginal revenue (MR)= marginal cost (MC) MR=MCo...

Q: Suppose the Lethbridge Computer Company decides to increase the quantity of computers it sells by 6 ...

A: Price elasticity of demand is the ratio of the percentage change in quantity demanded of a product t...

Q: Year GDP Per Capita Population Capital Labor Education 1960 1,224.79 40,818.61 24.749 208,509.8 11,1...

A:   With the given information, we calculate GDP= GDP Per Capita* Population and GDP Per Worker= GDP/...

Q: Which of the following is true of an economy’s production possibilities curve? a. It shows the comb...

A: Production possibility curve is also called production possibility frontier. 

Q: estion 15 Suppose the public holds no cash, & all banks hold no excess reserves. The total money sup...

A: The reserve ratio is the portion of reservable liabilities that commercial banks must hold onto, rat...

Q: Why aren't more resources being allocated to sufficient prudential oversight of the financial system...

A: Countries where there are more working women, quantity of workers is more.  People who are working o...

Q: hich of the following is occurring in the market when an excess quantity of a good is supplied at th...

A: Equilibrium is achieved at the output level where Qs equals Qd. 

Q: Suppose the price of a product increases from $12 to $20 and the quantity demanded falls from 55 a w...

A: Price elasticity of demand measures the sensitivity of the quantity demanded in response of a change...

Q: or has just finished a cup of coffee. He is sitting in his bus on his scheduled lunch break. He thro...

A: Answer - "Thank you for submitting the questions But, we are authorized to solve one question at a t...

Q: Table 2 shows Media Cable’s demand table, total revenue, and marginal revenue at each price. What is...

A: When price of good decreases, quantity demanded increases. Decrease in price has negative effect on ...

Q: Determine if the following statement is normative or positive: Americans should have access to food,...

A: Positive economics is a stream of economics focused on identifying, quantifying, and explaining econ...