QUESTION 3 Which of the following has been the primary focus of economists in their analyses of public administration? The Quest for efficiency; The lack of economic markets; The application of rational models to public policy; That there are more constraints on public managers than private managers; All of the above

Q: Initially there are six firms producing differentiated products. The demand function for the good pr...

A: There are 6 firms  . Demand function of each firm : qi = 10 - 2pi + 0.3 (P5 ) where , P5 = sum of re...

Q: How do the tools of colonization affect business relationships?

A: Colonization refers to the situation when a country is captured by another country and ruled the cou...

Q: If a bank has $32 million in deposits and the required reserve ratio is 4 percent, the bank's requir...

A: Required reserve ratio is the minimum requirement of percentage of deposits that banks have to hold ...

Q: How does a market failure cannot deliver theoretical benefits and what are its effects on the econom...

A: Market failure is a balance designation of assets that isn't Pareto Optimal - the likely reasons for...

Q: consumers utility function is given by U(X1, X2)=Xa1X21-a where  A>0, 0<a<1 A consumer also faces th...

A: Utility function : U(X1 , X2 ) = Xa1X21-a  Budget Constraint : m = p1X1 + p2X2  Compensating Variati...

Q: The Keynesian economic framework is based on an assumption that: A) an increase in government spendi...

A: In economics, different frameworks have different assumptions. And this difference in assumptions le...

Q: When the economy is in a recession, the government will want to increase output. If the multiplier e...

A: Please find the answer below.

Q: If the demand for beef is relatively price elastic, due in part to the availability of would expect ...

A: Given that the demand for beef is relatively price elastic. 

Q: Beer production in Mexico rose 4.7 percent in 2021, registering 118.7 million hectoliters more. Alth...

A: Here, it is given that the production of beer has increased by 4.7 percent and there was an increase...

Q: Given the Aggregate Expenditure schedule for Country A below. Calculate national income and net capi...

A: We know,National income=C+I+G+(X-M)Y=C+I+G+(X-M)Now,Y=34141+17926+9042+(36872-26812)Y=71,169

Q: 9.  In international realtions Unexploitable strategies are Group of answer choices (pick one) 1. b...

A: International Relations refers to the concept of relations between different countries for the purpo...

Q: Lauren runs a chili restaurant in San Francisco. Her total revenue last year was $110,000. The rent ...

A: "Implicit costs refer to the opportunity costs i.e. the cost of resources which the business owns th...

Q: Which of the following is an implicit cost? i. wages paid to workers ii. the normal profit iii. the ...

A: Implicit cost is that cost in which there is no exchange of cash and is not recorded for accounting ...

Q: na monopolistically competitive market, as new firms continue to enter, the demand that a ypical fir...

A: In monopolistic competitive market, there is free entry and exit of firms in the long run.

Q: On average, people sleep 8 hours per day meaning that each individual has 16 hours per day to alloca...

A:

Q: Explain what researchers have found on the costs and benefits of inflation?

A: Inflation is defined as the increase in the prices of goods and services in the economy over a perio...

Q: 4) Suppose that we have the following data for Amazon operations in the US: Sales Cost of Goods $469...

A: "As per the guidelines, answer is given to the first question i.e. question number 4." "Gross Domest...

Q: Joy Lima manages a Sweet Chocolate Bar Store. She charges P100 per bar for her chocolate. You, the e...

A: Here, it is given that Joy Lima charges P100 per bar of chocolate and has a price elasticity of dema...

Q: A company is evaluating four appliances to choose the best from an economic point of view. The usefu...

A: Given MARR = 15 % time of each appliance = 10 years  

Q: n the Heckscher-Ohlin-Vanek model with trade a country that is labour abundant will     export the...

A: Heckscher-Ohlin-Vanek model states that trade results on account of the different relative prices of...

Q: PART B (INDEPENDENT THINKING AND APPLICATION) 5) (KEY QUESTION) Consider the following strategic int...

A: Answer - "Thank you for submitting the questions.But, we are authorized to solve only 3 sub parts .F...

Q: Marketers have found that, as they've aged, baby boomers have become less interested in fashion-rela...

A: Baby Boomers: The time period between 1946 to 1964 refers as the baby boom time period because durin...

Q: In the specific factor model, with free trade the relative price  of imported goods cannot be  _____...

A: The specific Factor model was originally discussed by Jacob Viner. The name of the model gives its d...

Q: imagine that Mr Smlth takes But 1oan for 000 to start a new businesS. The bank credits the £ T0,000 ...

A: Commercial bank is basically  a financial institution that accepts deposits, offers checking account...

Q: The price of a certain item decreased from $10 to $5. In response to this decrease in price, the sup...

A: Price elasticity of supply shows how responsive is quantity supplied to changes in price level.

Q: 1. How is the preparation of a family budget an exercise in dealing with SCARCITY? What adjustments ...

A: Since you have asked multiple questions, we would be answering the first one for you. To get answers...

Q: A generalized transducing phage is used to transduce ana- b- c- d- e- recipient strain of E. coli wi...

A: Given:

Q: Which of the following data would be analyzed to determine whether any shift in the MPI has occurred...

A: The MPI is a metric that evaluates initiated utilization, the idea that the expansion in private con...

Q: For each of the following insurance plan designs, use a supply and demand graph to show how it would...

A: Insurance Insurance is a contract in which a person or organization gets financial protection or com...

Q: You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory ...

A: An average fixed cost (AFC) defines how much it expenses to fabricate one unit. It helps measure the...

Q: A recapping plant is planning to acquire a new diesel engine set to replace its present unit which t...

A: The cost concept in engineering economics states the number of resources given up in exchange for go...

Q: individual spends $20 per day. Suppose that this person pays for all her purchases using her credit ...

A: All answers given below in detail, 

Q: How does covered interest arbitrage affect the exchange rates

A: By understanding the interest arbitrage and bringing in the interest arbitraging interest rate diffe...

Q: A firm in a perfectly competitive industry is currently producing 1,400 units per day at a total cos...

A: A perfect market, also known as an atomistic market in economics, is defined by several idealising c...

Q: Write two to three paragraphs explaining how J. P. Morgan helped the U.S. economy. Your response sho...

A: Morgan had deep and extremely beneficial connections with the London financial world as a result of ...

Q: Q TR TC MR MC S0 $10 1 $20 $15 $20 $5 $40 $25 $20 $10 3 $60 $40 $20 $15 4 $80 $60 $20 $20 5. $100 $8...

A: The producer will produce in order to maximise its profits. No producer will limit this goal. And th...

Q: On the other hand, opportunity seeking for social enterprise is different with a business enterprise...

A: It's a little redundant to call entrepreneurship "business." Every entrepreneur started a firm, or i...

Q: American Airlines is considering expanding service into a new market. How would you assess the poten...

A: Since the 1970s, airlines have been early users of cutting-edge revenue-management (RM) systems. The...

Q: factors which could have an impact on the demand and supply ofvoil in the near term. whether on ba...

A: When product and service is manufactured all around the world, cost  takes place and process of busi...

Q: Why are interest rates rising in the US inflation, how does society benefit from that increase?

A: In the United States, change in interest rate has a significant impact on inflation.

Q: Maria manages a bakery, that specializes in ciabatta bread, and has the following information on dem...

A: "Profits are maximized at a point where the difference between total revenue and total cost is maxim...

Q: If the cross-price elasticity between the price of good A and the demand for good B is zero, this im...

A: Cross price elasticity measures the responsiveness of quantity demanded of good1 with respect to cha...

Q: Calculate the marginal rate of substitution (MRS12) for the following utility function: U(q1, 42) = ...

A: Here, utility function is given as: U(q1, q2)=4q1+√q2 To find: MRS(1,2) at the bundle (13, 2)

Q: Suppose that we are a bank with $3,000 worth of deposits. We operate in an economy with a mandated r...

A:

Q: Assumptions MLR.1, MLR.3, MLR.4 and MLR.5 hold but Assumption MLR.2 does not. (Word limit: 100 words...

A: b) The assumption MLR2 states that the sampling method chosen does not impact the characteristics of...

Q: you are an accountant for a manufacterer of radios. the demand function for the tablets is p= 40-4x2...

A: Given:- Demand function(P)=40-4x2 Cost function(C)=15x Please find the images attached for detailed ...

Q: EqUil rate= 17% , borrowing by 171 million at old interest rate 15%. compared to value 151 million Q...

A: Government deficit is referred to be a situation whereby the government expenses are more than its r...

Q: A restaurant in the US imports $5,000 of Belgian beer into the U.S. and sells the beer together with...

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: Commodity Fetishism is said to be a distortion in the relations between people.  What does this mean...

A: Commodity Fetishism is a Marxist philosophy that says there exists a social relationship between pro...

Q: If x items of a commodity are sold to a wholesaler, the price per item is 500 − 2x − 0.1x2 dollars. ...

A: Introduction It has given that x is no. of item sold to a wholesaler. Price of per item is = 500 - 2...