The principle of diminishing marginal utility says that people don't enjoy consuming more of a good. True or False

Q: In the open-economy IS-LM model, an increase in the domestic interest rate r will, other things…

A: "There is an inverse relationship between interest rate and investment."

Q: Discuss some of the trade-offs and the challenges of a move to an enterprise-level analytics…

A: In economics, the word "trade-off" refers to the reality that budgeting always entails losing some…

Q: In building their plant, the officers of the International Leather Company had the choice between…

A: Present value (PV), is the value of a normal still up in the air as of the date of valuation.

Q: “Banks will always prefer a low to high capital-to-asset ratio.”  Do you agree or disagree with this…

A: The capital adequacy ratios guarantee the proficiency and soundness of a country's monetary…

Q: Oligopolists use limit pricing to maximize short-run profits. (VERIFIED ANSWER: FALSE)   I already…

A: Oligopolists use limit pricing to maximize short-run profits. - FALSE

Q: Beginning O Closing O Middle

A: In a letter or resume a name with signature is provided at the end as a sigh of completion.

Q: Goods x and y are perfect substitutes. When the market price of good x is $5/unit, firm F produces…

A: A product or service has been deemed a substitute if it looks similar enough to another to be…

Q: P 500 is deposited at the end of each month at a certain interest rate compounded monthly. The…

A: Deposit = P 500 interest rate compounded monthly. The present value is P 10,622  the future value…

Q: How does inflation affect your income level and spending?

A: Inflation:-  Inflation is defined as the amount at which prices go up throughout time. Inflation is…

Q: would a small business choose to license its products in other countries

A: Licensing can end up being exceptionally worthwhile whenever instituted accurately. Licensing is for…

Q: The lot of M is located near the market of Purok 2. M was in need of money so instead of selling the…

A: Answer -

Q: in oligopoly market every company wants to apply price competition. Use the Bertrand model to…

A: Bertrand contest is a model of rivalry utilized in financial matters, named after Joseph Louis…

Q: When Jake’s income increases from $400 to $600 per week, his noodles consumption drops from 6 to 2…

A: Income elasticity of demand measures the responsiveness of change in demand to change in income of…

Q: The market for a brand of yellow maize is in equilibrium. Explain, with the aid of a separate…

A: At equilibrium point demand and supply curve are equal at certain price level and output .

Q: 2. Pat is selling his house in a second price sealed bid auction. That is, a written bid is…

A: An investor, trader, or any dealer makes a bid in order to purchase an asset or compete for a…

Q: Given demand and supply equation as follows: Qd = 100 - 5P Qs = 20 + 5P a) find the equilibrium…

A: The market is in equilibrium when quantiy demanded equals quantity supplied. So we equate the demand…

Q: Select the answer that best describes Keynesian and Classical economic theories.     Classical…

A: Answer: The classical theory explains that the economy moves between equilibria without government…

Q: The peak of the Total Product curve relates that a. Maximum output of production b. Maximum…

A: "Marginal product indicates additional output produced when one more unit of variable input is…

Q: How can cellular communication technology work as a tool for human empowerment?

A: cellular communication technology fortifies the demand side of administration by giving individuals…

Q: Figure: Trade Price Domestic supply Workd supply E Domestic demand Quantity In the domestic market…

A: Equilibrium is attained at the point where demand curve intersect supply curve.

Q: Using the Possibilitig Frontier ExpRain the concept of opportunity cost From DtA moving and B toc…

A: The production possibility curve is a graph that depicts the many combinations of two items that can…

Q: 22.) Consider a market subject to a negative externality cause by pollution. Suppose that,…

A: Externality can be defined as the cost or benefit caused from a producer which not incurred…

Q: true or false: 21) The indivisible reserve of savings and credit cooperatives is NOT covered by…

A: A contract between an insurance company and a policyholder under which the latter receives financial…

Q: Economics Supposes Monopharm wants to maximize profit, what quantity does it sell, what price does…

A:

Q: Exercise 4 Use a combination of text and drawing of figures when answering the following questions:…

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

Q: People who live in countries with a greater number of cars per capita have a higher life expectancy.…

A: A common cause relationship occurs when a common factor causes two unrelated variables to correlate…

Q: The formula to calculate elasticity using the arc method is given below:…

A: The formula to calculate elasticity using the arc method: E = (Q2-Q1)/(Q2+Q1)(P2-P1)/(P2+P1) so we…

Q: Economics 20. Refer to the graph below. Quantity Since the supply curve intersects the horizontal…

A: he price elasticity of supply is an economics metric that shows how responsive, or elasticity, the…

Q: Variable Total Average Fixed Cost Average Variable Cost Average Total Cost Total Product Fixed Cost…

A: As per the question, land is fixed input and labor is the variable input in production of good A.…

Q: A firm has the following average variable cost equation. AVC = 60 – 15Q + Q2 And the average total…

A:

Q: Expenditures for office supplies, electricity, and internet connection are part of Fixed Costs

A: Cost refers to the total expenses that incur in a process of production of goods and services.

Q: b) A seller knows that there are two bidders for the object she is selling. She believes that with…

A: English Auction:- The English auction's distinctive symmetric equilibrium requires each bidders to…

Q: Explain the impact of each of the following scenarios on ONLY the market for apples in Gauteng. •…

A: Hi! thanks for the question but as per the guidelines, we answer three sub-parts at one time. Kindly…

Q: A call option is "in the money" when the A. market price of the security exceeds the exercise…

A: Money: Money can be anything that is used as a medium of exchange and it has some intrinsic value.…

Q: Which of the following statement is true: A. Since the subsidy increases both consumer surplus and…

A: The incentive that is given by the government in form of financial support or aid for the promotion…

Q: What are the strengths of Alibaba Group: The Rise of a Platform Giant?

A: "To make it simple to conduct business wherever," says Alibaba's mission statement.Merchants,…

Q: A businessman is considering building a 25 unit apartment. The occupancy rate is expected to be 90%…

A: Depreciation is a measure of how much value an asset loses due to external factors affecting its…

Q: Suppose hot dogs and mustard are complements in consumption. An increase in the supply of hot dogs,…

A: Answer: If hot dongs and mustards are complements then a decrease in the price of one good will lead…

Q: 19. Odette has a base monthly salary of SI,500 and earns a 5% commission on all sales she makes at…

A: Any employee in firm will be getting the basic pay. Also, many firms may provide various allowances…

Q: In which of the following situations is it least advantageous to be lending?   Select one: A. The…

A: Answer: When the real interest rate will be the lowest the lending will be the least advantageous.…

Q: 3. Analytic Question on Durable Consumption It is known that durable consumption is more sensitive…

A: Intertemporal Utility function : U(c1 ,c2 ) = 0.5 (c1 + x0)0.5 + 0.5B (c2)0.5 Period 1 budget…

Q: Silicon Co. has forecasted the Canadian dollar for the most recent period to be $0.73. The realized…

A: Absolute forecast error means the difference between forecasted and actual value of the currency ,…

Q: Suppose the market demand curve for a Bertrand duopoly is downward-slopping. What happens to the…

A: Duopoly:-  A duopoly occurs when two corporations control all or virtually all of the marketplace…

Q: If real gross domestic product is R350 billion and planned aggregate expenditure is R275 billion,…

A: Gross domestic product is the sum total of all the values of final goods and services produced in…

Q: Consider the market for wheat which is a perfectly competitive market.  Is the market demand curve…

A: The term "perfect competition" refers to an ideal market arrangement. In a perfect competition…

Q: Work-related privileges accorded to female employees may be linked in employers’ consideration of…

A: Work-related privileges can be like providing maternity leave, a creche facility, a daily…

Q: In three ways, show how the adaptive strategies of Smallholder farmers have helped in sustaining…

A: Adapting to climate change means making the necessary modifications and changes to mitigate the…

Q: Q) Is there any deadweight loss associated with monopolistically competitive market structure? Why…

A: Monopolistic competition refers to the market form where there are large number of buyers and…

Q: Economics Supposes Monopharm wants to maximize profit, what quantity does it sell, what price does…

A:

Q: 7 find the expected payoffs for each branch and then put in normal form like this. example down…

A: