Suppose there are a million workers in France. Each worker can product 2 cars or 40 bushels of wheat. What is the opportunity cost of producing a car?   Question 2 options:

Q: a.  At a reserve requirement of 15%, what is the value of the money multiplier?     _____ b. If…

A: The reserve requirement refers to the money held by the bank as a reserve for settling sudden…

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A: Uniform pricing refers to the practice of charging a single price to all the consumers.

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A: A economic cycle is a period in which the Gross Domestic Product  fluctuates around its relatively…

Q: The Economy of Hobbiton produces only two products, apples and kiwis. The below table provides…

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Q: Suppose that in a small town in July, the price of a loaf of bread was $2.50 and 1700 loaves were…

A: In August Price = 2.50 Quantity = 1700 In August Price = 2.29 Quantity = 1500

Q: 3. The figure below shows short run cost and revenue curves firm. Price and cost per unit MC £5 ATC…

A: 3) The curve shows the demand and MR curves along with the cost curves.

Q: irving fisher life and any economic theory?

A: Economics is the study of scarcity and unlimited wants. The resources are scarce because they are…

Q: 3. The following table gives the supply schedule for Purcell Ltd, a UK based rug producer. Price (£)…

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Q: What two lines determine whether a firm is making positive or negative or zero profits?

A: Introduction The perfect competitive firm only needs to decide on one thing: how much to make. To…

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A: Cultural difference: - Cultural difference is the difference in values, beliefs, language, etc.…

Q: Table 2: Quantity demanded and supply Price Quantity Quan Demanded Suppl $10 10 60 $8 20 45 30 30 40…

A: The shortage is the market situation when the demand is greater and the supply is less. While…

Q: Q2. Determine the returns to scale of the following production function: Y = 5K0.5 +3L0.5 (a)…

A: Returns to scale refers to how production of a good changes when units of both inputs change.

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A: Internal factors  that can affect any business can include: 1- Communication and interaction among…

Q: The German state subsidizes apprenticeships. Explain how this can help to lower youth unemployment

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Q: The volatility of short-term economic growth gives rise to O the balance of payments. O the business…

A: The gross domestic product refers to the summation of consumption, investment, government…

Q: The consequences of instability to adheres to quality delivery process in banking firm

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Q: A certain masonry dam requires 200,000 m³ of gravel for its construction. The contractor found two…

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Q: Question: Use The Following Information To Work Problems 4 To 6. In An Economy With No Exports And…

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Q: Illustrate and explain  interdependence revolution, and discuss the reason/s why countries need to…

A: Interdependence in economics refers to the dependency of one nation on other nations for the product…

Q: Ten years ago, you deposited P5400 per month. You made the deposit for 6 years and then stopped. 4…

A: Given:- Deposited ten years ago=P5400Deposited for time=6 YearsEstablished belt and nut factory=4…

Q: HELP ME PLEASE 20 MINS LEFT!!! A- if this economy was an open economy without a government sector,…

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

Q: Modified True or False One of the criticisms of Neoclassical and free-market theory of development…

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Q: B. Solve for the following: 17. What monthly payment discounted at 9.6% compounded monthly will have…

A: The formula to find the amount for a sum of money compounded semi-annually is:A = P1 +r22twhere P is…

Q: monopolist sells boat insurance policies linked to their registrations in two states, and resales…

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first three question for you.…

Q: How do the strategic asset allocations of investors with and without income from labour differ?

A: Labor is an input that is used to produce the goods and services into an economy. It means the labor…

Q: Consider the following data of a company for the year 1999: Sales = Rs. 1,20,000 Fixed cost = Rs.…

A: Use the below formulas to find the BEP. BEP = Fixed costP/V ratio P/V ratio = ContributionSales…

Q: As discussed in class, use your own words to compare the project fast-tracking and the project…

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Q: Refer to the figure below. Taking the external costs of using refrigerators into account: 950…

A: When talking about external cost, it is the cost incurred outside the production process, faced by…

Q: Explain the effect of an increase in exports on the equilibrium GDP in the Keynesian…

A: An economy is supposed to be at its balance level of pay when total inventory and total interest…

Q: If the central bank raises interest rates it will A) lower aggregate demand and raise the…

A: " Aggregate demand reflects the relationship between price level and total number of all the final…

Q: Public policy responses to monopolies: Multiple Choice O O O O always have more costs than benefits…

A: Monopoly refers to single seller in the market that dominate the supply of goods and services. This…

Q: what happens to the natural rate of unemployment response to the following events? Explain 1. the…

A: The normal pace of joblessness addresses the least joblessness rate by which expansion is steady or…

Q: This is the answer plz write Clear hand written Y=5K0.5 +3L Multiply k & L by X 0.5 5(xk) ⁰.³ + 3…

A: We have output Y is a function of both labor and capital.

Q: Version 1 Explain the appropriate actions that the central bank should take if the economy were to…

A: Over the years, monetary policy has worn many hats. However, it ultimately boils down to altering…

Q: Objective functions 400.00 300.00 200.00 100.00 0.00 2,5 -100.00 -200.00 -300.00 -E(ys)-E(YR) -E(NS)…

A: Answer -

Q: Which is NOT a reason for a supplier to offer trade credit to a manufacturer? a. To increase the…

A: When favorable terms are agreed upon with a business's supplier, trade credit can be a useful tool…

Q: How does the monopoly quantity (assuming no price discrimination) compare to the competitive…

A: In a monopoly, demand curve and marginal revenue curve slope downward. A single firm has full…

Q: Definitions and Explanations: Define, Compare and Contrast -Soft Money v. Hard Money

A: Soft money and hard money are used to define different kinds of currency in Economics. Soft currency…

Q: 4. Assume that a monopolist sells a product with the cost function C = F + 20Q, where C is total…

A: In economics, an inverse demand function is the inverse function of a demand function. The inverse…

Q: A monopolist faces two competitive buyers with their individual demands as q1(p)=1200-2p and…

A: In 2 part tariff, one tariff is lump sum price i.e. a lump sum fee and another tariff is per unit…