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Q: Firm A (A large cinema Chain) has experienced problems causing there image to worsen. Using demand c...

A: Firm A  is a large cinema chain and firm B is a rival cinema chain. Firm A has experienced problems ...

Q: Analyse how barriers to entry determine the degree of competition in transport markets

A: Barriers are a way to eliminate the entry of the firms into the market. This could be possible if th...

Q: 1.  In a specified year, nominal gross domestic product grew by 12 percent and real gross domestic p...

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

Q: Whats the answer to number 5?

A: "Since you have posted a multi sub-parts question, I can only answer the first 3 parts for you, the ...

Q: Explain the following concepts 1.scarcity 2.choice 3.opportunity cost 4.resources

A: Note: Since you have posted a question with multiple subparts, we will solve the first three subpart...

Q: Assume that Greece has a comparative advantage in fish and Germany has a comparative advantage in ca...

A: Each country will specialize in the production where it has comparative advantage. In that way produ...

Q: ITEM No.4 Draw the Lorenz curve and compute the Gini index of a group whose annual incomes (in thous...

A:  Gini coefficient is a statistical tool to measure income inequality within a nation. Its value rang...

Q: Use a circular flow diagram to show how the allocation of resources and the distribution of income a...

A: 1) A 2-percentage point reduction of the corporate income tax: Generate money from collecting income...

Q: Explain why road accidents are seen as a negative externality?

A: Negative externality refers to an external cost borne by an individual as a consequence between the ...

Q: If Montana and Missouri trade based on the principle of comparative advantage Montana will export......

A: Comparative cost advantage: - it is a principle of international trade given by David Ricardo which ...

Q: Explain characteristic of following  economic system   Free market economy   Command economic syst...

A: The study of economics deals with the allocation of resources in a manner that most of the human nee...

Q: Economics Which of the following is an example of offshoring? Question 18 options:   D) Dell ...

A: Offshoring refers to relocating of a business unit to a foreign country to take the advantage of low...

Q: (ii) To what extent is the stage theory of Rostow applicable to underdeveloped countries?

A: One of the prominent economists of the 20th century was WW Rostow. Before Rosow, development approac...

Q: Can LRAS be shifted? What are the factors that caused LRAS to shift?

A: The aggregate supply (AS) refers to the total volume of services and goods produced in the economy a...

Q: Please answer in complete solutions: Find the equilibrium price pand the equilibrium quantity x give...

A: In the free market, equilibrium price is determined by the forces of the demand and supply curve. Th...

Q: Why would you advise a company to follow a centralized purchasing organizational structure? Provide ...

A: Concentrating purchasing turns out to be progressively increasingly significant the bigger a private...

Q: Which of the following is an example of fiscal policy? Select an answer and submit. For keyboard nav...

A: Fiscal Policy refers to the measures employed by the governments to stabilize the economy of the cou...

Q: Help me with this please

A: Given: The wages of pickers fell The price of tea fell

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A: (a) In the question, the LR costs of the representative firm is given -  Capital costs = $ 40 per ou...

Q: You decide to work part-time at a local clothing store.  The job pays $8.50 per hour and you work 16...

A: The income is the amount of money which can be earned from the production of various goods and servi...

Q: A good idea when delaing with a company you've never heard of before would be to* study its advertis...

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

Q: 5. You are given the following information about an economy: Gross private domestic investment = 40 ...

A: a. Consumption  C=GDP-Gross private domestic investment+Government Purchases-Net exports c. GDP=GNP...

Q: According to this graph, what is the profit-maximizing quantity for this firm? Price (S) MC1 27 24 A...

A: Answer: Correct option: c (30) Explanation: The firm will maximize its profit where the marginal cos...

Q: 1. You are trying to decide whether to take a vacation. Most of the costs of the vacation (airfare,...

A: Note: Since you've asked multiple question, we will solve the first question for you. If you want an...

Q: I really need help with this question!

A: Economics is the social science that study the individual and economic agent behavior in the economy...

Q: Can you tell me how I’m supposed to figure this out?

A: Equilibrium price is the price where demand is equal to the supply of a good. This also means that t...

Q: Is sustainable development a practical and feasible goal for nations? What might be some of the diff...

A:   Sustainable development refers to the idea that societies must survive and meet their needs withou...

Q: John Davidson is an investment adviser at Leeds Asset Management plc. He is asked by a client to eva...

A: a) Sharp Ratio = Rp -RfσpRp = Protfolio returnRf = Risk free rateσp= Portfolio standerd daviation

Q: How does economics affect everyone?

A: Economics is a branch of social science which studies the behavior of the firms, people and the gove...

Q: Discuss the pricing formula of a future contract on an investment asset that provides no income. How...

A: The Future price of the contract on an investment asset that would not provide any Income. F = SoerT...

Q: From a neoclassical view, which of the following is least important? Select one: a. improving the co...

A: Answer: Correct option: (a) Explanation: Improving the corporate portfolio is the least important be...

Q: Year I Year 6 Year 9 Government Spending 591 852 1500 Subsidies 61 75 100 Indirect Taxes 84 98 102 P...

A: GNP = GDP + Prosperity income earned from overseas - Prosperity income paid from overseas GDP at the...

Q: Explain whether each of the following events shifts the short-run aggregate-supply curve,the aggrega...

A: Here, when the iron ore is found, it increases the capability of Western Australia in iron ore, whic...

Q: Assume a firm engaging in selling its product and promotional activities in monopolisti ccompetition...

A: The demand function is given by Q = 20 - 0.5P or P = 40 - 2Q and the cost function is given by TC = ...

Q: Studying has both cost and benefits. If you continue to study as long as the marginal benefits of s...

A: The rule states that a decision maker should increase an operation until marginal profit equals marg...

Q: 1. Using demand and supply analysis, explain the effect on the equilibrium price and quantity of a g...

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

Q: There has been a small increase in the price per pound for the prosciutto, and Mister Dee is concern...

A: Inflation is defined as the rise in the aggregate level of prices. Inflation leads a decrease in the...

Q: A special shoe manufacturer ABC Co. has costs of production as follows : Quantity​​​​0​1​,2​,3​,4​,5...

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Q: What factors underlie a nation’s decision to adopt floating exchange rates or fixed exchange rates?

A: Fixed Exchange Rates:- It is the system of exchange in which exchange rates of currency is determine...

Q: Need some help! Really don't understand economics.

A: The consumer surplus shows the difference between consumer's willingness to pay and the market price...

Q: Suppose that the residents of Windhoek spend all of their income on cauliflower, broccoli and carrot...

A: The rate at which a country's Gross Domestic Product (GDP) changes or increases from one year to the...

Q: Economics Question

A: The indirect utility function is, V(Px, Py, I) = log (I^2/Px*Py) V(Px, Py, I) = log (I^2) - log (Px*...

Q: whats the answer to number 2?

A: The following problem has been answered as follows:

Q: What is the importance of public finance in economic development.

A: Public finance: - Public finance is the study of the government's spending, taxation, and borrowing ...

Q: on January 1, 2019, South Africa's first-ever national minimum wage came into effect. The legislatio...

A: According to federal law, a minimum wage is the lowest wage per hour that a worker can be paid. It i...

Q: Class Activity Q1: Complete the following table and answer the questions below: a) Graphically show ...

A: Total utility is the total satisfaction derived from consuming a good. Marginal utility is the addit...

Q: What makes comsumers to take choices

A: Scarcity: - it is a very basic problem of economics that is related to the limited availability of r...

Q: Mr. Faisal sells Turkish Lamb Shawarma. During December 2019 Faisal sold 10,000 shawarmas at a price...

A: There are different methods that can be used to compute the price elasticity of demand such that poi...

Q: I need some assistance with this question, thanks.

A: The following problem has been answered as follows:

Q: A local moving company has collected data on the number of moves they have been asked to perform ove...

A: The equation for the trend line of yearly sales is given: Ft = 16 + 60t