The reason monopolies are inefficient for society is because monopolies: options: 1.Create no consumer surplus 2. Create deadweight loss 3. Increase total surplus 4. Make large profits

Q: Refer to the table below Quantity 0 1 2 3 4 5 Price $10 $10 $10 $10 $10 $10 $10 $10 8 $10 If the…

A: Total revenue is the product of price and quantity

Q: By considering the utility equation = x/y/2 and the constraint MPX+PY. Prove that the Total effect…

A:

Q: Average Average Fixed Variable Output 1 Cost Cost $50.00 25.00 $100.00 2 80.00 3 16.67 66.67 4 12.50…

A: Cost refers to the all the expenses and expenditure that incur in a process of production of goods…

Q: P = 16-.25Q MC = 2+.25Q Production creates an external benefit equal to $2 per unit. What is the…

A: socially optimal level of output" it is the output level that reflects all the cost and benefits…

Q: Robust internal capital markets are an effect of firms benefitting from Group of answer choices…

A: Capital Market: In contrast to a money market, where short-term debt is purchased and sold, a…

Q: Imagine that two identical countries have restricted imports to identical levels, but one has done…

A: Quotas and tariffs are some of the tools used by countries for restrictive trade activities. The…

Q: estion 2 Suppose that the demand for real money balances depends only on the real interest rate (and…

A: Money is  limited in supply, hence there is a need for real money balances. People are more…

Q: According to IRS Publication 17, if you are single and have a taxable income of $70,021, how much…

A: A tax could be a government-imposed fee or monetary charge on a private or an organisation to boost…

Q: Scenario1: a. If your company can make two goods, use a numerical table and list different…

A: (a). Let the business produce good X and good Y. The following is a list of production…

Q: At which point does the SMC curve cut the SAC curve?

A: The change in total cost per unit of change in output is known as short-run marginal cost (SMC).…

Q: 1. Investment Problem Cost of bldg.. -5M Gross Revenue = 9.5 M Operating expense = 4M Nominal…

A: The expected rate of return refers to the profit or loss that is anticipated by the investor, on the…

Q: How long in years will money double its amount if invested at 10% simple interest?

A: Given interest r= 10%

Q: If the marginal propensity to save is 0.25, and the government increases its purchases of goods and…

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: What potential health policies and public health strategies could mitigate the effects of climate…

A: We show that The healthcare sector plays an important role in mitigàting climate change. Most of…

Q: 3- A company borrows $100.000 today at 12% nominal annual interest compounded monthly. Find the…

A: Answer I attached below with explanation

Q: me ANT LLP is the only company in the market. What is the optimal per-unit price? ANT LLP has a…

A: *Answer:

Q: A monopolist demand is D = P = $40 - $.25Qm; AC = MC = $5. The profit-maximizing price (P) and…

A: Answer; the correct option is A.

Q: A well educated society can be considered which of the following, as it pertains to economics?…

A: If a person's knowledge and abilities are developed in such a way that they finally result in a…

Q: For Pancreas Transplant, DRG code is 010. For DRG 010, Medicare pays fixed amount of $21,313.50.…

A: Payment is defined as the exchange of money, products, or services for goods and services in…

Q: Why do economists believe that Federal Reserve policy changes can move the stock market?

A: Introduction Interest rates are a hot topic in the investment industry and the financial media, and…

Q: Fill in the blank: An economy is in a recession if ____________ falls over two quarters (six…

A: Recession is a stoppage or a gigantic constriction in economic exercises. A critical fall in…

Q: Why do high-end hotels charge for Wi-Fi connections while lower-end hotels do not? What is the…

A: Price elasticity of demand measures the responsiveness in quantity demanded of a commodity to a…

Q: Assume the nominal tariff rate on the imported input is 0.16 and the nominal tariff rate on an…

A: Given  Nominal tariff rate on imported input ti = 0.16 Nominal tariff rate on imported final product…

Q: Question 3 We run the following model: cigarette,+Bymale, + we find that the R2 is 0.12 and the SSR…

A: Question 1: cigarette=B0+B1price+e B0: When the price of the cigarette is zero, the number of…

Q: 7. “I will be the teacher, you be the student, okay?” Mabel asks her brother, Dipper. After playing…

A: Introduction 7. Its answer is B) Play stage. Because when Mabel asks her brother, Dipper “I will be…

Q: Assume that you buy a 1-year, 210,000 peso Philippine bond that pays 7 percent when the exchange…

A: At the old exchange rate Bond purchase priec = 210000 pesos Time = 1 year Interest rate = 7 % or…

Q: $/Q 174 125 118 80 59 48 40 m MC AVC ATC 28 W Q₁ Q₂ Q₂ Q5 total variable cost at Q₂ units of output…

A: Fixed Cost refers to the costs that are incurred even when production is zero. That is, the costs…

Q: Suppose over time that a firm's production process undergoes capital-saving technological progress.…

A: When the economy's steady state growth rate is independent of the age structure then such situation…

Q: In the United States, one worker can produce 10 tons of steel per day or 20 tons of chemicals per…

A:

Q: Total cost Price (dollars per ticket) Quantity (tickets (dollars per show) per show) 20 0 1,000 Big…

A: Since you have asked multiple question, we will solve the first three subparts as per honor code for…

Q: 3. Explain the macroeconomic policy debate using AD-AS Diagram.<

A: Macroeconomic policy disputes usually center on fluctuations in the economy's important aggregate…

Q: The following set of equations describe an economy: C = 14,400+ 0.5 (YT) - 40,000r lp = 8,000 -…

A:

Q: As a general rule, the more similar a firm's product is to those of its rivals, the more…

A: Given: The firm's product is similar to that of its rival.

Q: Question 3 A monopolist faces the demand curve P = 18-Q, where P is measured in rands per unit and Q…

A: Given, P = 18 - Q Average cost = R6 per unit TR = P*Q = 18Q - Q^2 MR = 18 - 2Q TC = AC*Q = 6Q MC = 6…

Q: Ms. Olivia operates a business in a competitive market. The current market price $9.00. At her…

A: A manager maximizes profit when the value of the last unit of product (marginal revenue) equivalent…

Q: Assume perfect competition: Price: $54 Cost: TC = 6Q + 0.03Q2 Solve for the profit-maximizing…

A: Perfect Competition's profit maximizing quantity is at  P = MC

Q: Assume that you buy a 1-year, 210,000-peso Philippine bond that pays 7 percent when the exchange…

A: Investment amount = 210000 peso Exchange rate, 1 Canadian dollar = 40 pesos Investment amount in…

Q: A firm has $75,000 of cost of goods sold and $5,000 of accounts payable. Assume there are 365 days a…

A: To represent the company's short-term debt to its creditors or suppliers, "Accounts payable" (AP) is…

Q: 76. If 60% financing is available on a certain income property at a loan constant of 11%, what…

A: Equity is the amount of money an owner might get if they sold anything they own.Equity may be used…

Q: Suppose ANT LLP produces computer chips, with the market elasticity of demand for the product being…

A: Introduction ANT LLP produces a computer chip.  i) when ANT LLP is the only company in the market:…

Q: <change rate between U.S. Dollar and Mexican Peso: USD/MXN. Initially, the supply curve for USD is…

A: Government intervention is administrative move initiated by government that look to change the…

Q: Why do economists often disagree about the conduct of macroeconomic stabilization policy?

A: Economic growth can take place only if the economy is stabilised. Macroeconomic stabilisation is a…

Q: to become an agricultural economist is it more important to know agriculture or to know economics…

A: Agricultural economics refers to the economic system that produces, distributes, and consumes…

Q: Which of the following statements is correct regarding involuntary unemployment?        When there…

A: Involuntary Unemployment  Involuntary unemployment stands for unemployment that occurs when the…

Q: Question 10 The length of oil pipeline started to decrease since 1990 because: O The demand to crude…

A: 9. Pipeline transportation is a method of transport that involves the transportation of solid,…

Q: 1. A certain company is considering two types of machine for its operation. The data are as follows:…

A: Present Worth refers to discounting of the future  cash flow to the present at provided fixed rate .…

Q: In the short run, each of the 5 firms in some industry faces a capacity constraint and constant…

A: If the average cost of producing a good is constant, the marginal cost of a firm can also be…

Q: The price of a Xbox1 is $399, and you were ready to purchase one. You happened to get your paycheck…

A: Consumer surplus is defined as the difference between the ability to pay of consumer and the amount…

Q: Third-degree price discrimination involves O A. charging each consumer the same two-part tariff. O…

A: Price discrimination is a practice of charging different price to different segments or individuals

Q: Can someone explain to me what is the difference between deriving a demand curve for perfect…

A: A demand curve is a plot of the relationship between the price of a product and the quantity…