Question 27 List 1 advantage and 1 disadvantage of international trade. (Be clear in your answer which is which.)

Q: Consider the supply curve for wool sweaters. An increase in the price of wool will: decrease the…

A: Th answer is - decrease the supply of wool sweater.

Q: Use the data on U.S. real GDP below to compute real GDP per person for each year. Then these numbers…

A: Real GDP measures the value of goods and services produced within the country at base year prices.

Q: If the price of one good decreasing causes the price of another good to increase, then: a. demand is…

A: Substitute good – a good in which can substitute for another good (competitor’sgood). An increase…

Q: PRICE LEVEL https://apia.apps 0 10 20 30 40 50 60 70 80 OUTPUT (Billions of dollars) Suppose the…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: one year. Since she has no money to invest asks for a loan from Zeta 1 million dollars or 1 million…

A: In economic aspects, devaluation is the steady decline in the monetary worth of the capital supply…

Q: What is an export parity price? Give an export parity price for a specified commodity. (starting…

A: "The price that a producer gets or can anticipate to get for its product if exported, equivalent to…

Q: 6. You are given the following consumption function: C = RM150 million +0.75Yd Based on the above…

A: We have given consumption function C=150+0.75Yd where yd is a disposable income.

Q: Which of the following is FALSE for the grim trigger strategy and the infinite horizon repeated…

A: We have 2×2 game, where both player has to choose between C and D.

Q: Using production function Y = K¹/2 L1/2 and using the information below: What will be the wages of…

A: Since you have posted multiple questions, we will solve the first one for you. If you want any…

Q: What do you think Nike’s executives might have done differently to prevent the sensitive charges of…

A: Investments made by Nike in Asian countries China, Indonesia, and Vietnam were encouraged to take…

Q: 2. There are n ≥ 2 profit-maximising firms producing a homogeneous good, competing in quantity, and…

A: We have demand function P=10-Q and cost C =2qi

Q: A monopolist faces the demand curve P = 18 – Q, where P is measured in rands per unit and Q in…

A: Ans. The monopoly market is a market where a single seller produces all units of the output of the…

Q: For all True/False questions, you must explain why the answer is true or false. 1. [True/False] If…

A: here we find whether the given statement is true of false by the following method as follow:-

Q: The privatization of public enterprise will lead to efficient management of resources in the…

A: Inductive reasoning is a technique for arriving at conclusions by moving from the specific to the…

Q: omework (Ch 20) For example, an increase in the money supply, a variable, will cause the price…

A: Equilibrium in the goods market in the economy occurs where aggregate demand equals aggregate…

Q: A friend of yours produces 7,000 counterfeit one-dollar bills. Assume that the bills are…

A: Currency and other liquid instruments are included in calculating a country's money supply. Almost…

Q: Mobile internet provider knows that there are two types of users with 1000 users of each type. Type…

A: Total demand is communicated as the aggregate sum of total money spent on those labor and products…

Q: H3. Which of the following statements is true regarding the Federal Reserve? Group of answer choices…

A: Answer: The Fed was engaged in pro-cyclical policies till the late 1980s and was ineffective.…

Q: A television production firm is able to produce TVs according to the short-run production table…

A: Marginal Product is the change in the total output with the production of one more additional unit…

Q: Consider the table below: Q MC TR MR AR-P 0 0 0 10 1 900 900 1200 1200 $1200 2 1600 700 2100 SKOO…

A: The markets are the place where the buyers and the sellers tend to interact and meet with each…

Q: Answer the following questions The amount by which the quantity supplied of a product exceeds the…

A: In a market, various economic terms are used to define a specfiic market situation, such as…

Q: The average rate of inflation in the United States in the last 100 years is approximately 3.26%. In…

A: 100 year's average inflation = 3.26% Last year inflation = 8.5% Present worth of a future amount or…

Q: complements in a one- EXERCISE 11.6 Suppose capital and to-one ratio. That is, suppose that Q = min…

A: Rental rate is the amount that would be paid for rental of similar real property in the same…

Q: Assets Liabilities and Net Worth Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock…

A: Assets Liabilities and Net Worth Reserves $27,000 Checkable Deposits $110,000 Loans 50,000 Stock…

Q: If a small change in price creates a large change in demand, then we would say that the demand is…

A:

Q: Imperfect price discrimination is also known as: first-degree price discrimination. second-degree…

A: Consumer preferences vary, as does their willingness to pay for a product.When a company price…

Q: Which of the following is true of an unregulated market for barbecue if its production creates…

A: There is an external cost of production of barbecue.

Q: How does Micro Credit overcome foreign exchange rate risk?

A: Managing foreign exchange risk is becoming a more pressing issue for Microfinance Institutions…

Q: Scenario 1 In 2007-09, the U.S. economy went through its worst economic downturn in 30 years. As a…

A: Answer: A fiscal stimulus means an increase in government spending. Fiscal stimulus will increase…

Q: How can financial institutions overcome the inevitable mobility of students after graduation?

A: Other than being promoted to higher classes, when students changes school for other reason then this…

Q: Jane Doe has the following assets:                    $100 in her wallet                  $800 in…

A: M1 includes:- 1) Coin and banknotes are forms of cash.2) Demand deposits.3) Traveler's cheques4)…

Q: If the firm is maximizing its profits when the price is $12, its total cost is: a) $1200 b) $700…

A: A competitive firm maximizes profit by producing at P=MC

Q: As a general rule, the more similar a firm's product is to those of its rivals, the more…

A: Given: The firm's product is similar to that of its rival.

Q: Margeʹs Hair Salon production function is Q = f(K, L) = K0.5L0.5 where K is the number of hair…

A: Here we have:- Margeʹs Hair Salon production function is Q = f(K, L) =K0.5L0.5 where K is the number…

Q: A higher level of GDI relative to the country's absorption level contributes to a higher current…

A: In economics, GDI stands for Gender Development Index, which explains the expansion of ability of…

Q: You are evaluating 2 machines the investment of 2 mutually exclusive machines. Each machine has an…

A: Annual Benefit means a retirement benefit payable annually in the form of a straight life annuity. A…

Q: A good's demand is given by: P = 616 - 2Q. At P = 95, the point price elasticity is: Enter as a…

A: Answer; The point price elasticity of demand is -0.182

Q: Suppose that the demand curve for wheat is Q=140-10p and the supply curve is Q = 10p. The government…

A: since you have asked multiple questions and according to policy we can solve only 1 question and for…

Q: What have you learned in the movie "The Wolf on Wall Street" that is related to Economics

A: The Wolf on Wall Street may be a film based on the true story of Jordan Belfort.  The Wolf of Wall…

Q: P. 27 23 19 14 10 ATC MC 3 10 15 Q 30 Figure 1 In Figure 1, this firm is earning an economic profit…

A: When talking about economic profit, it is the gain for a firm when it sells an output at a price…

Q: 1. Aurora wants to give her daughter Mara a financial gift on the latter's college graduation two…

A: With the help of given information we have Present worth = 2000 Future worth = 5000 Time = 2 years…

Q: Elizabeth Swann and her husband consume wine (W) and books (B). Elizabeth's utility function is…

A: Elizabeth's Utility function : Ue = W Endowment : W , B = ( 16 , 5 ) Husband's Utility function : Uh…

Q: GRADUATE STUDIES Practice Question 1 The table below shows the demand for a product produced by a…

A: A monopolist is a single firm in the market with no close substitutes.

Q: Members of some market-oriented and command economies seem to pity or look down upon people living…

A: Answer 1. A traditional economy is one that is based on traditions, history, and long-held ideas.…

Q: What is Micro Credit’s view of government financing?

A: Various banks provide the services of micro credits . It is considered as a small loan. The examples…

Q: Refer to the graph shown. The equilibrium quantity for the monopolist represented is: MC Price $10…

A: A monopolistic has sole producer of a certain type of a good. So it has downward slope demand curve.

Q: Table 1: Price Data Year 2007 2008 Average Price Level $1.042 $1.13 In Table 1, what was the…

A: Answer; The inflation rate between 2007 and 2008 is 8.45%

Q: For a cost-effective approach to recycling in an industry, its necessary for firms with low…

A: Recycling costs and rates of cycling are interlinked to each other.

Q: argumantive speech about: Are we doing enough to end poverty?

A: Poverty is situation or state of a person or who do not have enough money to fulfill his basic needs…

Q: QUESTION 3   In July 2016, inflation rate in Malaysia was around 2%.  The rate is expected to rise…

A: Inflation is the gradual loss of a currency's buying value over time. The increase in the average…