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Q: all of the following are characteristics of a perfectly competitive market except: -small firm size ...

A: Marginal revenue is the additional total revenue earned with an additional unit of production. 

Q: Based on the functions of the banking system, give reasons why governments bail out banks during an ...

A: Government bailout banks means providing necessary support to the banks which has a chance of going ...

Q: Consider the following cost information for Yasir’s tea stall.       (Cups of tea per hour) To...

A: TVC = TC - TFC AFC = TFC / Q AVC = TVC / Q ATC = TC / Q MC = Change in TC / Change in Q Q TC TFC...

Q: Suppose that demand for football tickets to watch European     Champhionship Cup can be given by the...

A: Price elasticity of demand refers to the responsiveness of change in the quantity demand due to chan...

Q: DIGITAL TAX IN MALAYSIA Starting 1 January 2020, the government began imposing a digital services ta...

A: The government would impose a digital services tax of 6% on foreign digital service providers in Mal...

Q: What is economic

A: Eco means home and nomos means accounts.

Q: 1.Why is a strictly economic definition of development inadequate? What do you understand economic?d...

A: Economic development of a country is measured by its gross domestic product. However, the GDP only r...

Q: If the Consumer Price Index rises from 170 in a year to 180 in the following year, the rate of infla...

A: CPI is measured using fixed basket of goods. 

Q: (A). Explain the concepts of excess sensitivity and excess smoothness that arises from the empirical...

A: Permanent income hypothesis is given by Milton friedman. It’s an economic model which explains how a...

Q: Suppose that lenders want to receive a real rate of interest of 5 percent, and that they expect infl...

A: Real interest rate refers to the interest rate that adjusted with the inflation. Real interest rate ...

Q: he following graph shows the annual market for Florida oranges, which are sold in units of 90-pound ...

A:

Q: 1. The structure of financial markets is influenced by the problems relating to asymmetric informati...

A: Asymmetric information refers to a situation in which one party has more information than the other ...

Q: A company uses two inputs, unskilled labour (L) and capital (K), to produce its product. The wage ra...

A: Isocost line is a set of all those combinations of L and K that give the same level of the total cos...

Q: can you please differentiate economic growth with development?

A: Economic Growth: Economic growth measures the growth and progress of the economy in quantitative ter...

Q: 1. Determine the variable cost per unit and the fixed cost using the high-low method.2. What is the ...

A: Since you have asked multiple questions, we will solve the first question for you. If you want any s...

Q: Answer question 3

A: (Note: Since the question has multiple subparts, the first one has been solved. Please resubmit the ...

Q: Consider the supply of nails shown in Figure 2. The initial supply of nails is S (in black), the ini...

A: Supply curve shift to left and right due to various non price factors like raw material costs, tax, ...

Q: How does the decline in tariff, import restriction, and exchange rate controls help the growth of tr...

A: The trade is an exchange of goods and services between the producer and the seller in the market. Th...

Q: The packaged milk market in Pakistan is perfectly competitive. (1) Some firms in the market are maki...

A: Note: Since you have posted multiple independent questions in the same request, we will solve the fi...

Q: Critically evaluate Linear-Stages-of-Growth model  (Both Rostow’s Stages of Growth and Harrod-Domar ...

A: Rostow argued being a vigorous advocate of free market capitalism that economies must go through a n...

Q: Suppose a very simple economy produces just three goods: violins, guitars and trumpets. Below are da...

A: Based on the given information we can easily calculate the real GDP of 2019. Real GDP is the measure...

Q: Comment, on the likely outcome with sufficient arguments? a) Impact on aggregate demand of the econo...

A: a.  Aggregate demand is given by, AD = Consumption + Investment+ Government spending + Net Exports N...

Q: The data below represents the total number of credit hours taken during one semester by 30 randomly ...

A: Frequency: It means the number of times the observation occurred in an experiment. 

Q: Which of the following is a TRUE statement? Explain why.  1. If for a PPF, there is allocative effic...

A: PPF is Production Possibility Frontier shows the possible combination of two commodities that can be...

Q: Consider the following cost information for Yasir’s tea stall. (Cups of tea per hour) Total Cost in ...

A:

Q: What would be another example of a “system” in the real world that could serve as a metaphor for mic...

A: In the real world there exist a lot of system that could serve as a metaphor for micro as well as ma...

Q: Suppose that demand for football tickets to watch European    Champhionship Cup can be given by the ...

A: The price elasticity of demand refers to the change in the quantity demanded and this change can tak...

Q: Put yourself in the shoes of an executive assistant at a large corporation. It has been a busy morni...

A: As an executive assistant at a large corporation.I need to carry out relevant operations with proper...

Q: Under patent protection, a firm has a monopoly in the production of a high-tech component. Market de...

A: TR = P x Q = 100Q - 0.2Q2 MR = dTR/dQ = 100 - 0.4Q Setting MR = MC for a monopoly, 100 - 0.4Q = 60 0...

Q: Economics Question

A: If saving rate icreases,consumption is going to be reduced. Therefore the given statement is true.

Q: 1     Dr. Abida is planning for her requirement. Suppose she can consume her salary of Rs. 200,000 w...

A: Inter-temporal budget line shows the trade-off between the consumption today and consumption tomorro...

Q: 3. Assess which of the following is true and which is false.A firm’s total cost function is given by...

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

Q: .​Sameena works as a free-lance worker at a software house in Rawalpindi. Suppose she keeps awake fo...

A: The labor and leisure constraint based on the availability of total work hour and the wage that the ...

Q: Define price ceiling and price floor and give an example of each. Which leads to a shortage? Which l...

A: Demand is the total quantity amount of quantity that an individual is willing to purchase at differe...

Q: Which of the following transactions represents a deficit in the current account of the U.S. balance ...

A: The balance of payment accounts of an economy keeps track of its domestic resident's payments made t...

Q: can we consider wapda a government created monopoly? Was creating WAPDA bad public policy?

A: A monopoly is a situation where a single seller with a unique product and service dominates the whol...

Q: How could sustainable urban development contribute economic progress?

A: Economic growth is the increment in the production level of the goods and services created in the na...

Q: A consumer has the utility function and an income of $200. Initially, the price of good 1 is $6 and ...

A: The utility analysis refers to the total amount of satisfaction that a consumer obtains by consideri...

Q: Show and explain the involvement of the government in the case of naturalmonopoly. Explain first-bes...

A: Natural monopoly (NM) arises in industries which require a very high fixed cost and it is profitable...

Q: How many liras will a manager who receives a loan of 24000 lira with a monthly interest rate of 12% ...

A: Principal amount = 24000 Rate of interest = 12% Time period = 6months

Q: Consider the following cost information for Yasir’s tea stall. (Cups of tea per hour) Total C...

A: Variable cost represents all the expenses that depends on the level of output, i.e changes with the ...

Q: Please give a detailed answer with a full explanation. For the graph make sure it is readable, visib...

A: Answer: The supply of Laptops decreased and the demand for laptops also decreased. Explanation: Acco...

Q: Use this information to answer the following 4 questions: Marie has a weekly budget of $24, which sh...

A: Hi Student, thanks for posting the question. As per the guideline, we are providing answer for the f...

Q: The income effect of a price change refers to the impact of a change in: O a. the relative price of ...

A:  When the price of a good changes, the quantity demanded of a good changes by two effect, the one is...

Q: How PERT technique is used to estimate project duration? Calculate the estimated duration of an IT p...

A: Pert technique is used to estimate the project that stand for project evaluation and review techniqu...

Q: ___________ give government the power to block certain mergers, and in some cases, to break up large...

A: Antitrust laws are a type of safeguard that protects the customers from exploiting the practices of ...

Q: The CPI index and the PCE index are both used to measure which of the following interest rates O spe...

A: Inflation: It is the decline in the power of purchasing a currency over a given period of time.   

Q: International business please use own sentences Discuss reasons for producer to choose centralizatio...

A: Answer - Reasons for the producers to choose centralization over decentralization production facilit...

Q: Engineering Economics

A: FV of annual cash flows at year 5 = 200 x F/A(10%, 5) = 200 x 6.1051 = $1,221

Financial Statements

Financial statements (or financial reports) are the formal records of the financial activities that are undertaken by a firm. They are convenient instruments used for analyzing a company’s financial position and performance. Financial ratios are created with the help of the numerical values that are derived from the financial statements. They give meaningful information about the financial performance of the company.