Suppose that the xyz industry produces a product that result in negative external cost to society. this information suggest that

Q: The marginal social cost (MSC) of an electricity generating plant that uses coal is estimated by a…

A:

Q: Why do external diseconomies exist

A: Only when economies of scale are no longer in effect for a certain firm or industry do diseconomies…

Q: What could be the possible consequences of deflation for an economy?

A: Deflation is defined as a drop in the overall price level of all products and services in an economy…

Q: There are only two driveway paving companies in a small town, Asphalt, Inc. and Blacktop Bros. The…

A: In Cournot equilibrium the fixed cost is assumed to be zero and there is same marginal cost .…

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A: Philipines economy is one of the dynamic economy of East Asia Pacific region that is open to trade…

Q: The law of diminishing returns happens when each additional unit of a variable input results in a…

A: The law of diminishing returns is also known as law of variable proportion. It is applicable on…

Q: As measured by the amount of trade it does, has the U.S. economy become more internationalized ?…

A: * ANSWER :-  (1)

Q: Explain the quantity theory of money and the effects of an expansion of the money supply. Does the…

A: The quantity theory of money According to the quantity theory of money, an economy's money supply…

Q: 1. What are the techniques used in evaluating investments? List them and explain

A: Under the banner of investment analysis, there are numerous methods for analyzing investments,…

Q: A monopolist has a cost function given by C(y)=y2 and faces a demand curve given by P(y) = 120-y.…

A: The structure of a market where there is a single seller in the market who is a price maker due to…

Q: What are the consequences of publication bias? (select all that apply)

A: Publication Bias is defined as the bias where the failure to publish results on the basis of…

Q: Consider the following Cobb-Douglas production function: Y = AK“L® (1) where Y is aggregate output,…

A: Ans. The output elasticity of labour is the ratio of percentage change in total output and…

Q: Now suppose 4,000 of the people looking for work get discouraged and give up their searches. What…

A: A percentage representation of the number of jobless people in relation to the total number of…

Q: Grapes and bananas are complements for Jane and Betty. They always eat bananas and grapes in exact…

A: A natural extension to the analysis is general equilibrium analysis or how demand and supply…

Q: A man deposits P 1000 at the end of each month for 3 years at a nominal rate of 12% compounded…

A: Future value = Payment per period [ {(1+r/12)n*12 - 1} / r/12 ] Where r = Interest rate, and n =…

Q: The use of gasoline creates a negative externality through air polution. What is the size of the…

A: Deadweight loss is the welfare loss i.e. the loss of the society as a whole. In case of negative…

Q: 5. Using the Fisher effect equation, explain how inflation causes wealth redistribution between…

A: Fisher effect The Fisher effect refers to the relation between inflation with a nominal interest…

Q: Suppose Neu Train is the only high-speed railway between City A and City B. She operates with a cost…

A: cost function of C = 2,000 + 5Q2 - 500Q. And demand function P=14,500 – 70Q.

Q: Pop's Com Popcorn shop normally sells 100 bags a day when the price is S6 per bag. On half-price…

A: Given: The quantity one for bags per day is = 100 bags The price is = $6 per bag The price now…

Q: Auto insurance can protect you while you are walking on the street or riding a bicycle. True or…

A: Insurance is a kind of financial risk management.It's a kind of risk management that's mostly…

Q: PT. XYZ exports rubber to Japan and at the same time imports electronic goods from Japan. Give an…

A: Trading in very short-term debt investments is referred to as the money market. It involves…

Q: 1- Fill the blanket and find the quantity of maximization of the product Input Output MP AP Price…

A: For maximization of profit, price per unit of production must be equal to the price. For perfectly…

Q: Suppose an economy's real GDP is $5,000 billion. There are 125 million workers, each working an…

A: The information given in the question is as follows:- Economy's real GDP = $5000 Billion Total…

Q: Wakanda is a firm that solely supplies vibranium to Marley and Paradis. The demand function of the…

A: The profit is maximized where the MR=MC.

Q: The manager of a Pittsburgh shop wishes to sell on eBay a used telescope that is in good condition,…

A: The average amount that a prospective buyer is willing to pay: (Probability)(High Quality) +…

Q: In a simple, private economy, suppose that the MPC is 0.8 and investment rises by $20 million.At the…

A: The investment multiplier says that how much change of investment would cause how much change in…

Q: X Y 5,6 3, 7 0,4 K 8,3 3, 1 5, 2 L 7,5 4,4 5, 6 M 3,4 7,5 3, 3

A: To find the pure strategy nash equilibrium we uses the best response analysis. In which we underline…

Q: 3. How is the interest on reserve balances rate a reservation rate? a. Banks should not demand a…

A: Interest rate on reserve balances refers to the rate that is determined by the central bank when two…

Q: 1. What are the techniques used in evaluating investments? List them and explain

A: Stock investments are financial instruments that reflect a stockholder's ownership in a company and…

Q: (a). The following information is given about countries X and Y

A: Since the question you have posted consists of multiple parts, we will answer the first three parts…

Q: Based on what you have learned so far, provide your response to cach item below. 1. Refer to the…

A: Dear learner you have posted a question with multiple sub parts, as per our policy we have solved…

Q: What is demend?

A: * ANSWER :-    The definition of demand is explained with  an example  as follows ,

Q: (ch3) In a small country, the demand and supply of turbo jets are represented by QD = 1,000 - P and…

A: Answer: Given, Demand function: QD=1,000-P Supply function: QS=2P-500 Let us check the first point…

Q: Suppose you are choosing a career path with two options: Either you study at university before…

A: In this situation, we are choosing a career path with two options: Either we study at university…

Q: Consider a closed Keynesian economy. Draw an IS-LM diagram and mark the initial point as "0". Then:…

A:

Q: What do critics think of resource mobilization theory?

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: 1. Clearly outline health sector reforms that have taken place in Zambia from the third republic to…

A: The most pernicious problem the country Zambia is facing is the lack of medical facilities which is…

Q: Explain why fiscal policy actions typically work with a lag

A: The influence that the govt has on the economy via the use of taxation and expenditure is referred…

Q: Consider the repeated game in which the following stage game is played twice in succession, with…

A: When Parameter y = 4   Payoffs are -   d e f a (16 , 16)  (10 , 0 ) (0 , 0 ) b (0 ,10 ) (18…

Q: Explain how and why the "invisible hand" works to ensure that producers provide quality services and…

A: Invisible hand is simply the idea of how the market gets sorted through the forces of demand and…

Q: Insurance needs change throughout a person’s lifecycle because people’s needs change.  True or…

A: An arrangement through which a guarantee of compensation is provided for specified damage or illness…

Q: The demand curve for capital Oa. is derived from households' decisions concerning saving and…

A: Demand curve for capital shows different combinations of quantity of capital demanded at different…

Q: Determine Nash equilibrium

A: We can find the Nash equilibrium using the underline method. We will underline the payoff of the…

Q: The Lahiri family rents a room in their home on Airbnb. They deposit all of the money that they earn…

A: If we need to calculate the value at the end of some specific time period then this value is…

Q: Sharing the cost of an economic loss among many people is called the principal of large numbers.…

A: An economic loss occurs when a person or organization loses money.A variety of events might result…

Q: A local baker owns a small shop in a very busy downtown section that the baker uses to bake loaves…

A: In economics, operating cost is the expenditure incurred on daily basis as it is the ongoing cost of…

Q: When a central bank sterilizes a foreign exchange purchase, it offsets the purchase with   a. an…

A: Exchange rate is determined through market mechanism or demand and supply forces . It is the rate at…

Q: Suppose the Fed sets the growth in the money supply at 10%. Under the assumptions of the quantity…

A: The quantity theory of money tells the relationship between money, output, and prices used to study…

Q: 4. The marginal social cost (MSC) of an electricity generating plant that uses coal is estimated by…

A: a) Given that, p=60-2Q TR = pQ We get, TR= 60Q-2Q^2 Differentiating TR w.r.t Q we get, MR=60 - 4Q…

Q: 'Natural resources are a curse for those regions where resources are located.'

A: Answer is given below