TRAIN law lessen or worsen poverty and income inequality in the country of Philippines? How will the Filipino people benefit from the TRAIN Law?

Q: Initially there are six firms producing differentiated products. The demand function for the good pr...

A: There are 6 firms  . Demand function of each firm : qi = 10 - 2pi + 0.3 (P5 ) where , P5 = sum of re...

Q: Two firms produce Bliffs. They compete by simultaneously choosing prices in a single period. The dem...

A: Monopoly is a market where by a single supplier dominates the whole market and duopoly is a market s...

Q: As the price of high-definition televisions has fallen over the last two years, more high- definitio...

A: Here, it is given that there is a decrease in the price of high-definition television and at the sam...

Q: A consumers utility function is given by U(X1, X2)=Xa1X21-a where  A>0, 0<a<1 A consumer also faces ...

A: For finding out the demand functions, we need to put MRS equal to price ratio. MRSX1,X2 = p1/p2 MRSX...

Q: Place the transactions below in their appropriate categories in the GDP and calculate the overall ef...

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a...

Q: Unethical or ethical: Falsification of facts in order to deceive or confuse?

A: Facts In economics facts is defined as "self-interest of an individual or small group"In other words...

Q: In general, changes in price and quantity depend on the amount by which the demand and supply curves...

A: Demand refers to the quantity of the commodity which the consumers want to purchase at particular pr...

Q: An aircraft manufacturer uses 1,000,000 special rivets per year at a uniform rate. The rivets are ma...

A:

Q: Zac has a current wealth of £400. He gets an email offering him the chance to enter a prize draw tha...

A: Answer: Given, Current wealth=£400Chance of winning £500=25%Chance of winning £0=75% Let us first ca...

Q: Compare and contrast the different approaches to environmental policymaking

A: Approaches to environmental policy making:- 1) Lawsuits 2) Economic policy tools 3) Command and cont...

Q: This will be a graph shifting question, which asks about the intuition of both the AD-AS figures and...

A: AD-AS model is laid out in Price -GDP space whereas investment -saving in interest rates-GDP space ....

Q: i l-year bond, ti' t+1 5 percent i't +3 5.88 percent i't +2 5.65 percent premium = 0.10 premium = 0....

A: Given  The interest rate on 1-year bond at time t (it) iFt+1 iFt+2 iFt+3 5 % 5.65 5.78 5.88 P...

Q: What are all the economic market structure and their differences? How to identify the market struct...

A: Dear Student as you have posted multiple questions, but we can attempt only 1 question at a time acc...

Q: The price of sugar (a substitute for corn syrup) decreased. At the same time, the price of corn star...

A: There are various non price determinants that shift the demand and supply for a good. Changes in the...

Q: A management is faced with the problem of choosing one of three products for manufacturing. The pote...

A: Expected value table shows the summation of all Values with the certain probability of these values.

Q: Eyeglasslux is a single-price monopolist in the eye-glass frame market. It faces a Market demand giv...

A: In the monopoly Market optimal quantity is determined by that point where Marginal revenue is equal ...

Q: Jennifer faces a (non-monetary) fixed cost of work: she spends a substantial amount of time commutin...

A: Here, given graphs shows the budget constraint of Jennifer. Jennifer faces a fixed non-monetary cost...

Q: Given the Aggregate Expenditure schedule for Country A below. Calculate national income and net capi...

A: Y=C+I+G+(X-M)Now, For 2003,Y=34,141+17,926+9,042+(36,872-26,812)Y=61,109+10,060Y=71169

Q: A man borrows Rs. 1,000 and agrees to pay back every month one half of the amount due. After how man...

A: this is given that a man borrows Rs 1000 and agrees to pay back every month one-half of the amount d...

Q: Is it possible that the violent members of the drug cartels can behave like cartels in legitimate ma...

A: Cartels are the group that is created by the firms in the market to gain control over the prices and...

Q: 4. How would you feel defending a client that you knew was guilty?

A: We'd all be Fat Cat Lawyers if a criminal lawyer had a pound for every time they were asked this que...

Q: examine different trade policy instruments and critically assess their impacts on national and firm ...

A: Tariffs, subsidies, import quotas, voluntary export limits, local content requirements, administrati...

Q: CAPITAL BUDGETING can be most accurately defined as which of the following? O A. The process during ...

A: Capital budgeting is a process that is used by businesses for the evaluation of major projects or in...

Q: If we observe that employers offer different wages based on which college someone graduated from bec...

A: Answer: Statistical discrimination is based on the satistical data available about the workers and l...

Q: Consider the growth model with technological progress studied in the course and suppose that the eco...

A: Growth models allow us to quantify the most fundamental elements of the actual growth process by dem...

Q: You are a newspaper publisher. You are in the middle of a one-year rental contract for your factory ...

A: An average fixed cost (AFC) defines how much it expenses to fabricate one unit. It helps measure the...

Q: Given the total cost of producing x items is given by the function C(x) = 0.001x3 + 0.025x2 + 3x + 5...

A: Marginal cost of production is the change in total cost of production that comes from making or prod...

Q: 5. Quick Freeze Inc. sells small 'easy carry' coolers suitable for chilling beer and soft drinks. Th...

A: Given  When the price of dry ice packets reduces from P1 $2.00 to P2 $1.00, the sale of easy carry c...

Q: Identify a monopoly that you have recently consumed. Explain why you selected it as a monopoly and m...

A: Answer: We are granted a computer project recently and that the few stationary including gums are ...

Q: 4. Notice that the production function of this economy exhibited not diminishing returns, but rather...

A: A change in wealth due to investment is known as capital accumulation. When the wealth increases due...

Q: 4) Suppose that we have the following data for Amazon operations in the US: Sales $469.8B $365.6B Co...

A: "According to the guidelines solution is given to the first question i.e. question 4." "Gross domest...

Q: Problem No 1. Juan Dela Cruz was offered three loan proposal 1. P100,000 at 10% per year simple inte...

A: Here, three loan proposal are given tk Juan Dela Cruz based on different maturity period and interes...

Q: Solve the following (i) |10–3x|517

A: Hi! Thank you for the question as per the honour code, we’ll answer the first question since the exa...

Q: (a) A mining firm makes annual deposits of $500,000 into a reclamation fund for 30 years. If the fir...

A: Given  Annual deposits A= $500,000 Future amount F=20 million or $20,000,000 n =30 we have to find r...

Q: How do insurance companies make money?

A: As a for-profit firm, an insurance company must develop an internal business model that collects mor...

Q: Reter to the graph to the right Atal in the domestic price level n desired consunption and private s...

A: Aggregate Expenditure = Household consumption + Gross investment+ Government spending + Net exports

Q: 6. Consider the following demand function for X-caliber beer. Qs 100 – 5Px -.51 Where Px is the pric...

A: Elasticity of demand measures the responsiveness of quantity demanded with respect to change in pric...

Q: need help wity these two thank you!!! Ys Prices $6 $5 $4 12 14 15 $7 16 15 13 11 13 $6 19 16 14 $5 1...

A: Answer -

Q: Joy Lima manages a Sweet Chocolate Bar Store. She charges P100 per bar for her chocolate. You, the e...

A: Here, it is given that Joy Lima charges P100 per bar of chocolate and has a price elasticity of dema...

Q: Suppose inflation over the next year is expected to be 5%, and assume there are no supply shocks. Wh...

A: Hi! thanks for the question but as per the guidelines, we answer only one question at one time. Kind...

Q: a. After many countries imposed sanction on Russia especially financial restriction and currency tra...

A: When the sanctions are being applied, then it would cause the Russian rubbles to depreciate more rap...

Q: There are two types of people in the economy: low and high risk. Each earns $100. When they are heal...

A: An economy is the mechanism through which a country's or region's money, industry, and commerce are ...

Q: Refer to the information provided in Table 6.3 below to answer the question(s) that follow. Table 6....

A: "Gross domestic product indicates the monetary value of the final commodities and services (those wh...

Q: The cost that a firm pays in money to hire a resource is referred to as cost. A) a minimized B) an e...

A: Business can be of various types and forms. For example in radio business, there is radio production...

Q: Which of the following statement(s) describe sunk cost? 1) All of the answers are correct 2) It chan...

A: To produce a good, two types of cost are incurred, variable cost and fixed or sunk cost.

Q: Consider Figure 1 below: Supply 3,000 2,000 1,000 600 Demand 100 300 600 Q Figure 1: Rent Control Su...

A: Due to the rent control policy, change in SS can be measured through the following method: ∆SS = 12(...

Q: The following indices monitor the annual profits of J.A company. year 1 2 3 4 5 6 7 8 Index...

A: Introduction Base year is the value at which the value from other years has compared. Let's base yea...

Q: critical evaluation of the risks facing banking institutions during the COVID-19 pandemic

A: In the mentioned question we have been asked about the challenges being faced by the banking institu...

Q: QUESTION 4 Introducing free international trade in the specific factor model expands the set of feas...

A: When talking about specfiic factor model, it is one of the ways to explain the gain from internation...

Q: 8.6 (LG 8.9, 8.10) Calculate the CTF and CSF for each of the following: a. Tax rate of 50 percent, C...

A: In the mentioned question we have to calculate CTF and CSF. CTF = Capital Tax Factor  CSF = Capital ...