The amount of money that a firm pays to buy inputs (resources) is called a. fixed cost b. total cost c. marginal cost d. variable cost Give your reasons

Q: Q.1. Are the following statements true, false or uncertain? Briefly explain your answers.  a) "The…

A: Mercantilism is an economic policy that aims to increase an economy's exports while reducing its…

Q: Need help with both. These are true or false questions.  Monetary policy involves changes to…

A:

Q: Each firm in a competitive market has a cost function of: C = 49 + g?. so its marginal cost function…

A: Answers   In the long run AC = MC = P. Hence we have P = 49/q + q = 2q which gives q = 7 units and…

Q: The graph shows the cost curves, demand curve, and marginal revenue curve of a firm in monopolistic…

A: In monopolistically competitive market, the sellers sell differentiated produces which are close…

Q: Hidden Valley has two nail salons, one owned by Pat and the other owned by Danny. Suppose that Pat…

A: Given; There are 2 nail salons in Hidden Valley. Pat and Danny have two strategy:-  1) To collude.…

Q: y = A(1-gA) e ga is the fraction of all workers that produce technologies. Further, suppose the h of…

A: Production function is maximum output that can be delivered with a given set of data sources.

Q: The gross requirements for item A are specified for the beginning of weeks 1 through 12 in the table…

A: * SOLUTION :-    Given that ,  The lead time = 2 weeks  The order cost = 160  The inventory cost is…

Q: In the above case study, identify TWO factors that are responsible for the rise in Japan’s Gross…

A: GDP growth rates are the reflective of productive and efficiency rates. Japan being a developing…

Q: Imagine there is a market with the following demand curve and supply curve respectively: p = 16 – Qd…

A: When subsidy is given to consumers, buyers demand more quantity at all prices. This implies demand…

Q: Discuss the two approaches to environmental enforcement in industrial democracies.

A: Environmental Enforcement is defined as a set of actions taken by the government of an economy in…

Q: 9. Two firms compete by choosing price. Their demand functions are q1 = 20 - pi + P2 and q2 = 20 –…

A: Given:- Demand function for firm 1: q1=20-p1+p2Demand function for firm 2: q2=20-p2+p1Marginal…

Q: Use the graph below to answer the following question: MC ATC Mdles APC Cope Cs Asigents 71 los CI…

A: For a perfectly competitive firm price are given.

Q: Chuck owns a factory that produces leather footballs. His total fixed cost equaled $86,000 last…

A: Total cost is defined as the sum of all the expenses being faced by the producer in order to produce…

Q: Graphic below show the relationship between money growth and inflation, explain clearly 14 12 10…

A: In macroeconomics, the money supply refers to the total volume of currency held by the public at a…

Q: O area C+ D+ G + H.

A:

Q: Set up the engineering economics relations to compute the equivalent annual series (A=??) in years 1…

A: Here we calculate the equivalent annual series by using the given  cash flow and conclude the…

Q: The government has the ability to influence the level of output in the short run using monetary and…

A: To stabilize the economy, fiscal and monetary policies are typically combined. Assume that a…

Q: In May 2018, the quantity of base money is Canada was $84 billion and the M1+ money supply was $975…

A: Relationship among money supply, monetary base and money multiplier Money supply = Monetary base *…

Q: Following up on the preceding question, instead of assuming Ming has "standard-looking indifference…

A: The income effect outweighs the substitution effect for inferior goods. When the price of a good…

Q: You are given that the borrowing rate in the US is 10%. You expect the rupee to depreciate by   5%…

A: The depreciation means the fall in the value of the currency in an economy. It means as the money…

Q: The effects of the national health care program on labor markets will      increase the quantity…

A: The correct answer is given in the second step.

Q: China's Economy Just Shrank for the First Time in Decades. It Could St Eke Out Growth This Year…

A: The aggregate demand curve shows the inverse relationship between the price level and the total…

Q: Please develop a graph in which you plot EUAC (y axis) and compounded interest (x axis). Please…

A: For the above alternatives only the initial cost is provided so we can find EUAC simply calculating…

Q: Which of the following sequence of events follows an expansionary monetary policy? A) rt =It = ADI…

A: A). An expansionary monetary policy means increasing the money supply in the economy faster than…

Q: 5. Suppose the market is perfectly competitive. The market equilibrium market price P = $20. A…

A: As given Market equilibrium price = $20 WTP = 30 - q MC = 2q

Q: Revenue and cost (dollars per unit) MC AVC 50 40 30 20 10 10 30 40 50 Output (units per day) The…

A: For a perfectly competitive firm, prices are given. And it should produce and sell output at this…

Q: If the dollar rises in value against other currencies, this will Multiple Choice lower our trade…

A: Appreciation of currency refers to the increase in the value of one currency as compared to the…

Q: Define total factor productivity (TFP). Show how to use the production function to estimate the TFP…

A: Production function, in the study of economics, helps in establishing a relation between maximum…

Q: kers. quipment installation job in the completion stage can be completed in 40 days of 8-hou with 40…

A: The lowest wages permitted by law, wage rate laid out by aggregate haggling or by unofficial law…

Q: develop a gra you plot (y axis) id com (X axis). consider a range of compounded interest from 0 to…

A: In the above question the alternatives are provided with only the initial cost of machines which can…

Q: C = 20 +.90(Y-T) |= 10 G= 10 Xn = 0 Let's assume taxes = 10, so we have a balanced budget G =T Solve…

A: In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate…

Q: 1. Mrs. Renata converted the payment of her P50,000 debt to five (5) equal payments at the end of…

A:

Q: Lithium Batteries Gas Engines 0 100 25 80 40 65 60 40 70 15 80 0 Please draw a PPF curve for the…

A: PPF of two goods Gas engines and batteries.

Q: giving the following information C= 20+4/5Yd T=5+1/5Y I=18 and G=20 find out equilibrium levels of…

A: It is given to us that C=20+4/5yd T=5+1/5Y I = 18 g=20

Q: A life insurance company wishes to examine the relationship between the amount of life insurance…

A: We have given the data on amount of life insurance held by a family  and family income  The linear…

Q: Assume that each $1 billion in investment in capital goods generates 0.4 percentage point of the…

A: Real GDP is a macroeconomic statistic that measures the value of the goods and services produced by…

Q: st rate 1 percentage point lower flation rate. Nominal interest rate ot fall below zero. ph the MP…

A: *Answer:

Q: How will an increase in aggregate demand most likely affect the economy in the long run? Because…

A: If there is an increase in aggregate demand, it will lead to increase real GDP and price level in…

Q: verage) and wind up with better prices. Suppose that real estate agents earn a commission eoual to…

A: Commission is service charge evaluated by an agent or speculation consultant for giving venture…

Q: A standard speculation consists in borrowing in the home country, investing abroad and selling the…

A: Investment refers to the process of paying one’s own savings to firms or organizations for their…

Q: Consider the production Y = AK13 L2/3 where Y is output, A is TFP, K is the stock of capital, and L…

A:

Q: Suppose Ming spends his entire income on two goods, X and Y, has "standard-looking" indifference…

A: According to the question,  Ming spends his entire income on two goods X and Y, has standard…

Q: Q1. Suppose the demand curve for pizza in the café is given by Q=300 - 20P- 20P1, where P1 is the…

A:

Q: Add comments, discussion or calculations to your PART TWO document as directed. The market demand…

A:

Q: If real GDP equals 7,000, nominal GDP equals 14,000, and the price level equals 2, then what is…

A: Answers   Here, given information is, Nominal GDP (PY)= 14,000 Real GDP (Y)= 7,000 Price level…

Q: Solve for ERS 25% Mimimum Attractive Rate of Return 13% Interest Rate External $7.250.00 Excess…

A: The Economic Rate Of Return(ERR) basically refers to the rate of interest at which the costs and…

Q: Determine the present equivalent value (PW at 0) of the following cash flow when the annual interest…

A: The present value (PV) of a future sum of money or stream of cash flows is the current value…

Q: 1. Your friend just got an unexpected $1500 tax refund. She plans to put $800 toward paying off…

A: Answer; MPC = Increase in consumption / Increase in income = $100 / $1,000 = 0.1

Q: Zia Homes is contracted to frame 32 wooden houses of the same design in a new subdivision of 300…

A: Answer)  Given :  1) Zia homes has contract of making 32 wooden houses out of 300 homes. 2)…

Q: For a present sum of $660,000, determine the annual worth (in then-current dollars) in years 1…

A: Answers   Present sum is $660,000 Market interest rate = 10% Inflation rate = 5% 1 + market int.…