Use a real-life example of a social influencer helping create

Q: Suppose the dollar depreciates relative to foreign currencies. If U.S. firms have domestic content…

A: Given that the dollar is depreciating in relative to foreign currencies. We have to tell the impact…

Q: Which of the following is true in the short run?   Question 15 options:   at least one factor of…

A: Variable factors are those factors which tend to change as output changes. Fixed factors refer to…

Q: Assume that University land a small country, imports 0.4 million ski boots and produces 1.0 million…

A: Tariff refers to a type of tax that imposes on the imported goods and services. It is usually used…

Q: To increase a company's profit, a manager suggests that the company needs to increase the value of…

A: Answer: Profit per unit is the difference between the price of the product and the average cost of…

Q: In 1990, the CPI was 130.7 and in 1996 the CPI was 156.9. What was the rate of inflation over this…

A: The CPI or the cross price index measures the value of basket of goods during a financial year.…

Q: What is economic

A: Types of Economics Microeconomics and macroeconomics are inextricably linked. Microeconomics…

Q: A man decided to deposit a certain amount of money on his son's 10th birthday, which will be…

A: FV = 280,000 Bank pay interest rate = 5.5% Rate of inflation = 8.7% n = (25 - 10) = 15 Year Note:-…

Q: Sanchez Trucking has been experiencing delays at its warehouse operations. Management hired a…

A: * SOLUTION :-  (7) Given that ,

Q: 10) If an economy's MPC is 0.8 and the MPM is 0.05, then an increase in government spending of…

A: MPC=0.8 MPM=0.05 Change in G=$2000   We will use the following multiplier formula: Expenditure…

Q: Target Set high prices T: $5 million W: $3 million Set low prices T: $6 million W: $12 million Set…

A:

Q: An analyst for FoodMax estimates that the demand for its "Brand X" potato chips is given by: InQx =…

A: Answer;

Q: What is average profit margin means?

A: Profit margin is calculated by dividing income by sales to determine how profitable a firm or…

Q: If you have 10 dollars to spend, and the price of water is $1 oer bottle, the budget containt would…

A: Budget constraint represents all the possible combinations of goods and services that a consumer can…

Q: 6. If the demand curve for a good is Pd = 110 - 4Q and the marginal cost curv the monopolist is 400.

A: A firm in a monopoly will maximise profit at a point where marginal revenue is equal to marginal…

Q: Problem 7- Accounting and Engineering Economics- Balance Sheet Describe what a Balance Sheet is and…

A: Fixed Asset = 50 mn Current Asset = 20 mn Current and long term liability = 1mn

Q: Mr. Decision is torn between two independent projects A and B. The data below each project are given…

A: Given information There are 4 MEA in project 1 and 4 MEA in project B MARR=12%

Q: TRUE OR FALSE:

A: Since you have posted multiple questions, we will answer the first two questions for you. If you…

Q: Assuming that the inflation rate frum 2015 through 2017 is 6% per year, whai would be a $50,000…

A: Here we calculate the real values in all three years , real value means inflation adjusted nominal…

Q: According to supply-side economists, the curve will shift to the caused by AD. right more investment…

A: Answer: According to supply-side economists, a change in the aggregate supply will lead to economic…

Q: Suppose that solar energy panel and electric car are the only two goods produced in an economy. The…

A:

Q: What do the average expected value, standard deviation, and coefficient of variation tell you about…

A: Someone or anything that may be hurt, destroyed, disappeared, killed, become incapacitated, or get…

Q: 3. Illustrate and explain what would happen to the consumer surplus, producer surplus and deadweight…

A: Concept of Consumer surplus, Producer surplus and deadweight loss The monetary value of a people's…

Q: What is the Definition of Local and Global communication in multicultural settings and their…

A: The term "multicultural" refers to anything that integrates ideas, beliefs, or individuals from a…

Q: In a perfectly competitive market, assume the market price is $10 per unit, and the…

A: Answer; The profit amount at the profit-maximizing quantity is $90.

Q: Assume the following model of the economy Y =C+I+G  C = 120 + 0.5 (Y-T) I= 100 -10r G = 50 T=40…

A: IS curve shows aggregate spending which is the sum of consumption, investment, government spending…

Q: Many South African job advertisements today include the following requirement (or similar) for…

A: Interpersonal skills generally means the quality of people to connect, talk, build a healthy…

Q: If the marginal propensity to consume (MPC) is 0.8, the government purchases multiplier will be that…

A: GDP is the sum of consumption, investment, government spending and net exports in an open economy.…

Q: Question 4 John and Sotiris live on trees in two different forests. They each have eight hours to…

A: The production possibility frontier shows the different quantities of each product that can be…

Q: estion 18 Suppose the market price is $5, marginal cost is $4, and average total cost is $2. The…

A: A perfectly competitive firm is one of many firms in the industry producing identical goods.

Q: 1. Suppose that a consumer with the utility function U = X0.25 y0.75 chooses a consumption bundle…

A:

Q: What type's of goods and services should the United States produce based on its comparative…

A: Comparative advantage refers to the production of goods and services at a lower opportunity cost…

Q: If the total cost curve gets flatter as output increases (reaching the top of the hill), the firm is…

A: Total cost is the sum of fixed cost and variable cost. Marginal product refers to change in total…

Q: 2. Pretend that today is your birthday and you decide to start saving for your retirement. You will…

A: Require = $4000 per month time = 20 years Increasing $100 per month 7% interest compounded daily…

Q: P3 Q2 Quantty Q Refer to the following Exhibit If the government imposes a price ceiling at P1, then…

A: Market equilibrium occurs at the intersection of demand and supply curves.

Q: Explain how equilibrium price and equilibrium quantity will change in the following case demand for…

A: The quantity of a good that consumers are willing and able to buy at a specific price and for a…

Q: As described in the chapter, the Federal Reserve in 2008 faced a decrease in aggregate demand caused…

A: Given:- Fed reserve faced fall in aggregate demand(AD) and fall in short run aggregate supply(AS).…

Q: 2. Pretend that today is your birthday and you decide to start saving for your retirement. You will…

A: Require = $4000 per month time = 20 years Increasing $100 per month 7% interest compounded daily…

Q: Robust economic growth shifts the transactions demand for money. Consequently, growth will tend to…

A: Economic growth is defined as increasing a country's actual Gross Domestic Product (GDP). This aids…

Q: Assume the following model of the economy: Y =C+I+G  C = 120 + 0.5 (Y-T) I= 100 -10r G = 50…

A: • The variable Y represents real output or real income.           we know that the value of the…

Q: If a 10% change in price results in a 19.95% change in quantity supplied. then the price elasticity…

A: Elasticity of supply refers to the calculation of relative change in the quantity supplied of a good…

Q: [11] The invention of coins made the use of in exchanges less common. O gold and silver money O…

A: A piece of metal that was being used as a form of money with a number depicting its value along with…

Q: In the country of Kong the labor force participation rate is 65%, the adult population is 161444 and…

A: The unemployment rate is defined as the number of unemployed out of total labor force in an economy.…

Q: ontrast the effectiveness of fiscal policy in the BKM and AD-AS models.

A: The aggregate demand curve shows the inverse relationship between interest rate and the total…

Q: Assuming there is no trade, if the Marginal Propensity to Consume is 0.90 and the gov increase…

A: Marginal propensity to consume is the part of income spent on consuming goods and services.

Q: When we compare the long run conditions of a Perfectly Competitive firm to the long run conditions…

A: Perfect Competition long run - Long run point of equilibrium is achieved at the point where price is…

Q: Consider an economy that is composed of identical individuals who live for two periods. These…

A: Utility function : U = c10.5 + c2 0.5 Intertemporal Budget Constraint : c1 + c2 /(1+r)  = Y1 + Y2…

Q: n experiment can result in any of the outcomes 1, 2, or 3. (a) If there are two different wagers,…

A: The first matrix is R matrix which shows three possible outcomes across two wagers. The second…

Q: At a current level of production of 10,000 per day in its Garner plant, the marginal cost of…

A: According to the question, it is given that : Output per day is 10,000  Marginal Cost is 50 cents…

Q: When will a monopoly set its price equal to marginal cost? A monopoly will set its price equal to…

A: At the marketplace, a monopolist has an incentive to set the price of the product due to his…

Q: Walmart is raising starting salaries for its truck drivers to between $95,000 and $110,000 a year,…

A: Market demand for a commodity can change as a result of a change in consumers income, their tastes…

Market Failure Analysis

To understand Market failure, we need to first understand welfare economics. An Italian economist, Vilfredo Pareto stated that allocation of resources in an efficient manner such that an economic change, which harms no one and makes someone better off, indicates an increase in social welfare. It is also called Pareto Optimality, where resources cannot further be reallocated without harming one. This does not apply to those economic changes, which harm some and benefit others. social welfare increases if the utility of any of its members' increases and none decrease in the economy.