The figure below shows the situation of a market. What is the equailibrim price and answer the consumer surplus and producer surplus at the equilibrium price.

Q: The table below represents Sue’s preferences for bottled water and soft drinks, the combination of w...

A: The marginal rate of substitution or MRS. implies to the rate at which one good can be substituted f...

Q: Directions: Using the table below, calculate the following requirements: 1. Growth rates of each nat...

A: Gross domestic product refers to the total market value of final goods and services that are produce...

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A:   Meaning of Full Employment: The term full employment refers to the situation under which all the w...

Q: Cumulative 100% percentage of income - Niger 90% 80% ---Argentina 70% 60% 50% 40% 30% 20% 10% 0% 0% ...

A: The straight diagonal line is the line of equality as it divides the box into two equal parts. So if...

Q: - Consumer surplus is highest in case of

A: To find : In which case consumer surplus will be maximum. 

Q: Discuss the likely effects of an increase in uncertainty about cash flows on the responsiveness of a...

A: Introduction When the interest rate changes on debt, it will impact the net income of firms. It will...

Q: Siven that the revenue function, R (x) = 26x - 2x and the cost function, C(x) = 6x + 20. Find %3D %3...

A: Profit refers to the difference between the total revenue and total cost. Profit = TR-TC.  

Q: D. Read the problems below. Analyze and solve the problem carefully. 1. The cost in dollars, of prod...

A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...

Q: Price MC MC, = S 1 Quantity Figure 9 Demand curve and marginal private and social cost curves Toward...

A: Externality refers to spill-over effect of a good or service on third party which is not involved in...

Q: When discussing the appearance of "real people" in documentary films, Bill Nichols uses the term liv...

A: A documentary film is a non-fictional motion picture that aims to educate the audience "Document the...

Q: 2. Discouraged workers Which of the following statements correctly describe discouraged workers? (If...

A: Discouraged laborers establish one gathering of inert work-searchers. These are persons who, while w...

Q: i need this in words not handwritten please rewrite it

A: Consumption when equivalent to that of investment then it will be applicable.  

Q: To minimize GDP fluctuations, the government should run a budgetin times of recession and a budget i...

A: When talking about GDP fluctuations, it is the cause of the fluctuations in the business cycle such ...

Q: d on Megan's and Larry's respective willingness to pay, plot the market demand curve on the followin...

A: Assume that there is a market- market for apartment. The price of each apartment is $100,000. Suppos...

Q: cr+1 Consider the money supply Ms=mxB , m: cr+rr Assume that the demand for real money is given by t...

A: Since the question you have posted consists of multiple parts, we will answer the first two parts fo...

Q: Productivity is measured as   The dollar value of a worker’s hour of work. An increase in the GDP of...

A:   Meaning of Microeconomics: The term macroeconomics refers to that situation under which the econom...

Q: In what way can the government help lessen unemployment in the country?

A: Government can adopt demand and supply-side policies to reduce unemployment.

Q: Define opportunity cost. What is your opportunity cost for attending a class at 11:00 am? How does i...

A: The potential gains that a person, investor, or organisation loses out on when choosing one choice o...

Q: Use the following information to determine the optimal decisions. Inverse Demand: P = 115 - 0.05Q MR...

A: For a monopoly, Marginal revenue lies s below the demand curve. A firm has to do lower price in orde...

Q: What is the nature and function of Government-owned and Controlled Corporations (GOCCs)? Site exampl...

A: GOCCs are administered by the Governance Commission for Government-Owned or Controlled Corporations ...

Q: Maia and Yousef just got married. Yousef recently graduated and received a master's degree in childh...

A: Here, when analyzing the given information it can be said that Mala and Yousef are unemployed due to...

Q: What are the fluctuations in Ghana economic growth from 2018 to 2021?

A: Economic Growth A rise in the production of economic goods and services is characterized as economic...

Q: b) If AR at this output is below AVC.

A:

Q: (1) If you have been hired at an annual salary of $23,000 and expect to receive annual increases of ...

A: Inverse of a function is found by finding x in terms of y. 

Q: Given that the revenue function, R (x) = 26x - 2x and the cost function, C(x) = 6x + 20. Find %3D (i...

A: Revenue Function : R(x)=26x-x2 Cost Function : C(x)=x+20   (i) Profit function : P(x)=R(x)-C(x) P(x)...

Q: Suppose that the labor cost of Conchita-crem is $20 USD per hour, and the cost of capital is $5 USD ...

A: Given  The production function for conchas q=10L1/2K1/2           .... (1) Cost of capital r=$5 per ...

Q: The World Bank estimates that half the world’s people survive on less than $2 per day. How do you th...

A: When a particular good is manufactured, cost  takes place and process of business gets initiated. Bu...

Q: Explain the following statement: “Profits that more than cover the cost of capital are known as econ...

A: Profits are defined as the rewards paid to the producers for the efforts undertaken by them to produ...

Q: What is one challenge you may face when trying to "barter" for goods? Why would you face that challe...

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...

Q: According to the Law of Elasticity, there are elastic and inelastic markets. If we relate this conce...

A: In a market with elastic demand for products it will be favorable to decrease prices because for suc...

Q: 10. A job-search model of the natural rate of unemployment This question refers to the job search mo...

A: Here, given information is: Separation rate (s)= 0.03 Job finding rate (f)= 0.12 Labor force= 200 m...

Q: what excactly is a fixed exchange rate and give an example of a country that has a fixed exchange ra...

A: "The rate at which one country's money is exchanged for another country's currency is known as the e...

Q: Cost, revenuo, Ciq) profit (dollars por yar) Rig Output (units per year) Cost, revenue, profit (doll...

A: Profit refers to total revenue after subtracting total cost from it Profit = total revenue- total co...

Q: Suppose that the labor cost of Conchita-crem is $20 USD per hour, and the cost of capital is $5 USD ...

A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts f...

Q: Assume an economy where there is one polluting firm, one victim of the pollution, transactions costs...

A: First, there is assumed to be only one polluter and one polluting victim. Second, the "right to poll...

Q: 2. Suppose the demand function in Number 1 becomes Qd = 40 - 4P. a Add the new demand schedule to th...

A: Introduction Demand function of number 1 has given. Qd = 40 - 4P Table of the above demand function ...

Q: The money stock does not include demand deposits bank notes and coins O gold held by households trav...

A: Money stock is the monetary base. Money is used to buy goods and services.

Q: Consider a common resource good like a free camping ground next to a lake. a. What is the inefficie...

A: In economics, a common-pool resource is a type of good that consists of a natural or man-made resour...

Q: Have you ever experienced inequity in a job or a class? How did it affect you?

A: Yes. I have experienced inequity in a job.

Q: Suppose the market for apples is perfectly competitive. The short-run average total cost and margina...

A: A perfectly competitive firm is a price taker. It accepts the market price as given.

Q: Based on the graph below, how much is the marginal product of labour of the sixth worker, if Q5=67 u...

A: Here, the given graph shows the number of workers and their productivity in terms of output. 

Q: pital each increase by 8% and output also increases by 3%. The production function exhibits_ returns...

A: Production function shows the relationship between the input and output.   

Q: the demand (D), marginal revenue (MR), and marginal cost (MC) curves for the monopoly firm. Place th...

A: A monopoly firm produces at the intersection point of MR and MC curve.  The output corresponding to...

Q: The UK recently voted to leave the EU, often referred to as Brexit. Suppose the domestic market for ...

A: A country becomes an importer if the world price is less than domestic equilibrium price because at ...

Q: Consider the market for trees in a public park. These trees are a public good that give benefits to ...

A: a. Without the involvement of the Government, each group will set their marginal willingness to pay ...

Q: Suppose scientific research generates external benefits. Without government intervention, the market...

A: Externality refers to spill-over effect of a good or service on third party which is not involved in...

Q: As a result of the tax on capital income, labor productivity O might change but whether it increases...

A: Taxes are unintended fees placed on individuals or companies and levied by a government agency – reg...

Q: Public Goods. Suppose a neighborhood in Segovia’s central business area is deciding how many founta...

A: Public goods are such goods that are non-rival and non-excludable in nature.

Q: Refer to the money demand curve. Given the money demand curve, Mp, an increase in the quantity of mo...

A: Money demand shows an inverse relationship between interested and quantity of money.

Q: -. All inputs can be varied in O Short run

A: To find : When do input varies.