Q1: What is the, HHI, Herfindahl-Hirschman Index for an industry where six companies each have a market share of 15% and one company which has a market share of 10%? Q2:About fifty years ago, the EPA, Environmental Protection Agency, embraced command and control laws. Later on, the EPA made adjustments and updates. These laws and their adjustments, a/ draws distinctions between the needs of firms and costly equipment upgrades. b/ are given considerable credit for cleaner air and water in recent decades. c/ were an inexpensive incentive for industrial polluters to improve performance. d/ were necessary as US industries had zero incentive to control pollution.

Q: The Oxnard City Bank has reserves of $110 million and $150 million government bonds. The Oxnard City…

A: The balance sheet of a bank is not the same as that of a firm. In order to reflect the trade-off…

Q: .If MR > MC, the monopolist should: MR = Marginal Revenue MC Marginal Cost Group of answer choices…

A: A monopoly is made up of just one business that controls an entire sector. A monopoly may emerge…

Q: Demand equation of private limited tiles estimated as P = 8000 - 24Q. find the marginal revenue when…

A: Given the information: Demand equation, P = 8000 - 24Q Q = 1000

Q: c. Let us summarize. Suppose the exchange rate depreciates due to a lower demand for Canadian…

A: Aggregate demand = Consumption + Government spending + Investment + Net exports If net exports…

Q: Suppose that the direct demand and direct supply functions are x = √200 - p and x = √p - 38,…

A: equilibrium price and output are determined by the market forces demand and supply . When demand =…

Q: Determine the amount needed now to purchase a machine for P200,000, provide an annualfund of P15,000…

A: Given that, The initial Cost of the Machine = P200,000 Annual Cost of the Machine = P 15,000…

Q: Announcers present music, news, and sports, and may provide commentary or interview guests about…

A: The median annual wage for announcers in May 2014 = $29,010  Wage of newscaster =  $33,900 Amount to…

Q: 1. Find the MRS (marginal rate of substitution) for the following Utility functions: 1. U(x, y)= 2.…

A: INTRODUCTION: The marginal rate of substitution (MRS) is the quantity of one good that a consumer…

Q: Nominal wage confusion leads to a short-run equilibrium_ the Solow growth rate as at; workers; real…

A: Nominal wages: It is the actual amount of money received by the workers. If an employee pays $15 for…

Q: What is neoclassical growth model of economic growth?

A: Economic Growth  When economic growth is defined as a rise in people's real income it indicates that…

Q: Why do nations engage in international trade? In short, what is the theoretical basis for…

A: International trade is the transnational exchange of goods and services between nations. Trade is…

Q: Why is the law of demand and the law of supply a useful economic model?

A: The law of both demand and supply shows the interaction between buyers and sellers of the goods or…

Q: Economicssss... Define the trade balance for an open economy and explain the relationship…

A: The real exchange rate (RER) among currencies is the product of the nominal change rate (the dollar…

Q: Which of the following would NOT result in a decreased money supply?

A: Supply of the money in an economy is an important factor causing fluctuation in the economy. An…

Q: he year-end operating and maintenance costs of a certain machine are estimated to be 5 500 the first…

A: Given  First year-end operating and maintenance cost A1 =P5500 Annual increment in the operating and…

Q: The figure shows the demand curve for Price 8- 7- 6- 5- 3- 2- 04 0 10 20 30 40 50 60 70 80 90…

A: The consumer surplus is the benefits earned by the consumers in the market at the equilibrium or…

Q: What is the term for the economic doctrine that holds that an economy works best with the minimum…

A: The government makes intervention in the economic activities. Government intervention might lead to…

Q: Consider a market with inverse demand function given by p(Q) = 60 - 3Q. A single firm - a monopolist…

A: Given  Market inverse demand equation p(Q)=60-3Q        .... (1) There is a single firm that has…

Q: Suppose this firm has the capacity to produce up to 11 airplanes of this particular type. If the…

A: For maximizing Total Revenue the corporation would like to sell as much as they can produce. TR will…

Q: Tom's technology is given by the following production function: m = x 1 1 4 4 Y If m represents his…

A: This production function is Cobb-Douglas production function. Now here we are calculating here…

Q: T4

A: The economic components are a series of events and categories that act and react to one another to…

Q: ABC manufactures produces two models purp B. It cast Rm40 A and / pump manufacture pump A and RM60…

A: Cost of Pump A: C1 = 40 RM Cost of Pump B: C2 = 60 RM Quantity estimated: Q1 = 500(P2-P1) = 500P2 -…

Q: You invested $5131 for 9 years at 4.82% per annum. How much more would you receive at the end of the…

A: Compound interest (otherwise called "compounding interest") is the interest on a credit or store…

Q: What theory attempts to explain why Japan is strong in automobiles, Switzerland in precision…

A: International trade occurs where the goods and services flow across the countries.

Q: Industries where the US has a comparative disadvantage lead to O Lower exports and the domestic…

A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…

Q: Suppose that the chemical plant could use a different production method that involves recycling…

A: Economic profit is the profit derived from the difference between revenue which is received from…

Q: National Income Determination The following figures are from data on Good Island Economy Items $m…

A: "Gross private investment in a nation is referred to as a physical investment which is used in…

Q: Suppose the inverse demand function for a monopolist's product is given by P=100-2Q and the cost…

A: Demand: P=100-2Q Total Cost: C(Q)=10+2Q

Q: 1. Calculate Real wage and comment who has the higher real wage salary Year Salary Mariam ude 7500…

A: The real living standard depends on the real income of workers. The nominal wage is adjusted for the…

Q: e financial department’s estimates are fixed weekly costs of$5,000 and variable costs of $5 per…

A: Fixed cost = $5,000 Variable cost =$5x Since it is given that the cost function is linear. C = Fixed…

Q: When the public stores less of their wealth in banks, the currency ratio will and the money…

A: Currency ratio is part of currency held by the public in cash relative to the bank deposits.…

Q: California has been greatly affected by the forest fires of 2020. The most likely economic impact…

A: The production possibility curve (PPC) depicts the combination of two goods that a nation can…

Q: If the price of apples drops from $3.50 to $2.50, the quantity supplied would fall The price…

A: The elasticity of supply measures the responsiveness of change in quantity supply to change in…

Q: Total budget expenditure is 8100 and the total budget receipts are 6101 find the budgetary deficit

A: In economics we define a budget deficit as a deficit which is actually multidimensional and which…

Q: Table 1 shows the actual customer demand for hairdryers from Dyson company. The actual demand has…

A: In the simple moving average method (using 3 months), we directly take the average of last 3 months…

Q: 2. U (x,y)= 0.5lnx + 0.5 Iny 3. U(x, y) = x+xy+ 4. U(x, y)= x + Iny

A: The marginal rate of substitution, or MRS, is the negative sign ratio of the marginal utilities of…

Q: Why Ghana is considered an importer of inflation?

A: Inflation is generally a situation where the increase in prices can be seen and they are evident…

Q: he real risk-free rate is 3.25%. Inflation is expected to be 4.25% this year, 4.45% next year, and…

A:

Q: Suppose the inverse demand function for a monopolist's product is given by P=100-2Q and the cast…

A: A monopolist product is one where there is no close competition and no close substitutes are…

Q: Jim saw a decrease in the quantity demanded for his firm’s product from 8000 to 4000 units a week…

A: Elasticity of demand measures the responsiveness of quantity demanded to changes in price level

Q: Use the table below to calculate core and headline inflation in each time frame relative to the base…

A: Core and headline inflation:- Headline inflation is the unprocessed inflation rate as measured by…

Q: Within the aggregate demand-aggregate supply framework, monetarists argue that a change in aggregate…

A: Monetarist believes that the money supply is the main factor to stimulate the economy.  A change in…

Q: Define progressive tax.asap

A: We know that A tax refers to an amount imposed on the person, commodities or any other item to earn…

Q: The economy of South Korea would best be classified as: A. pure capitalism. B. a market system. C. a…

A: South Korea's economy is a highly developed mixed economy. Its economy ranks 10th globally and…

Q: If a person's property is generating a negative externality the person will not make socially…

A: Externalities might exist in either the production or utilization of the great or administration.…

Q: Which statement matches the evidence presented in the trade and inequality podcast best? Trade makes…

A: Note: We will answer the first question as the exact one was not specified. Please resubmit a new…

Q: The short-run supply curve for a price-taking firm is given by: Select one: a. its short-run…

A: A firm operating in a perfectly competitive market is reffered to be as a price taking firm. This…

Q: Refer to Figure 14-1: The Circular-Flow Model. What is the value of GDP in this economy? O $100 O…

A: Gross domestic product (GDP) measures the market value of final goods and services produced by an…

Q: Suppose TC= 10+0.1q2, MC = 0.2q. If p10, the firm's profit on the perfectly competitive market in…

A: In economics, profit maximization is the short run or long run process by which a firm may determine…

Q: The answer in the textbook says when x>5 how do you get that ?

A: