What are some markets (goods or services) where an equilibrium might not be the most desirable point? Meaning, if left alone, the market produces too much or too little compared to societal needs.

Q: GUIDE QUESTIONS: COHERENCE AND COHESION -Are the ideas logically arranged and sequenced? -Are the id...

A: Obsessive compulsive disorder is a mental illness that causes repeated unwanted thoughts or sensatio...

Q: Shen has plans to go to a movie and already has a $10 nonrefundable, nonexchangeable, and nontransfe...

A: If Shen goes to the party, then he will face some unrecoverable costs.

Q: Question 1 (2 points) Given the following data, what is average labor productivi Real GDP/person $50...

A: Labor productivity refers to total output divided by number of labours employed

Q: What is Molly’s optimal bundle of consumption?

A: The measure that depicts the satisfaction or benefit that is being gained from the consumer from the...

Q: Find the equilibrium price and equilibrium quantity and graph it Qd = 30-4P Qs = 10+6P

A: Given:- Qd=30-4P Qs=10+6P To calculate:- Equilibrium price and quantity=? Please find the images att...

Q: On the following graph, use the orange points (square symbol) to plot Lorenzo's free-throw percentag...

A: Calculations: 1) Game Free- Throw percentage (Game Result*100) 2) Average Free -Throw percentage (To...

Q: Philippines A.Contractualization -endo practices B. No overtime pay C. Unsafe workplace D. No employ...

A: Unemployment and unemployment are the Phillippines most important problems and the economy. Today, a...

Q: A period of two or more quarters during which aggregate output declines is known as      A) a boom....

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

Q: Which of the following is true when an economy is operating at its natural rate of unemployment? The...

A: Answer 1.  The natural rate of unemployment is the lowest rate of unemployment when inflation is ste...

Q: 1. The following headline appeared in the London Times, "England's sheep population nearly destroyed...

A: Ss(supply) curve is a positively curved line which shows the direct relation between P(price) and Qs...

Q: Given the cash flow table below, determine the unknown value "X" for an interest rate of 6%. Year 2 ...

A: Given: interest rate=6% To find: Value of X

Q: As government keep raising tax rate (t) on buyers, government will continually collect higher tax re...

A: The government influences the amount of discretionary income available to households by raising or l...

Q: Determine if the following statement is normative or positive: Households that participate in SNAP p...

A: SNAP: SNAP advances long haul wellbeing and prosperity, particularly for kids. Research shows that S...

Q: The demand for Hawaiian vacations is inelastic. Are the following statements true or false? A. If m...

A: Elasticity of demand is used in Economics to calculate the change in the quantity demanded of any go...

Q: In a competitive market, what must a firm do in order to be successful? What happens to firms that f...

A: Answer: Introduction: In perfectly competitive markets all the firms supply identical goods. Buyers ...

Q: Real GDP Consumption Planned investment Planned aggregate Unplanned inventory (in billions) (in bill...

A: * SOLUTION :-  Given that,   

Q: Under conditions of purchasing power parity (PPP), a country with a relatively _______ expected infl...

A: Purchasing Power Parity is used as a measure to compare the productivity and standard of living betw...

Q: Suppose that a high school student is preparing to take the SAT exam. Explain why his or her eventua...

A: It's a variable whose values are determined by the results of a random event. Random variable, rando...

Q: Use the timeline to calculate the value of the annuities i=7%. 6 5 4 3 (1) - (3) 3 4 lo (1) .value a...

A:

Q: a) State two advantages of the "orthogonal least square (OLS)' method in respect to the "forward sel...

A: This chapter is related to linear equation. It is attractive because it is simple and easy to handle...

Q: Suppose country A has a GDP of 4000 with a population size of 200; country B has GDP of 9000 with a ...

A: Here we calculate the which country is more likely have better living standard by calculating the GD...

Q: Agriculture   Group of answer choices wasn't important for the advancement of society developed ...

A: Agriculture is the soul earning of the rural people specially in India.

Q: How much should be invested now (at present time) at 8% compound interest per year, in order to  rec...

A: * SOLUTION :-   

Q: Which of the graph/s below show/s a rise in the price of fish? Fish (pounds per year) Fish (pounds p...

A: Chicken and Fish are substitutes. If the price of chicken increases, the demand for fish will increa...

Q: Question 6 If the futures price is at $6.25/bushel, what is the total value of one soybean contract?...

A: Gviven:Future Price=$6.25/bushelSoybeans contract size=5,000 bushels  

Q: 2. Explain the connection between the rise of global fascism and the global Great Depression?

A: Fascism is a political movement that advocates for a forcibly homogenous, regimented nation ruled by...

Q: Year GDP Per Capita Population Capital Labor Education 1960 1,224.79 40,818.61 24.749 208,509.8 11,1...

A:   With the given information, we calculate GDP= GDP Per Capita* Population and GDP Per Worker= GDP/...

Q: 6. A nation has a population of 260 million people. Of these, 60 million are retired, in the militar...

A: Here we calculate the Unemployment rate by using the given information so the calculation of the fol...

Q: Y=F(K,L) K=R L=L Y=C+I+G C = Co+ C1( Y – T) – C2r I = Io – 11r G=G T=T 'n that in addition to a drop...

A: According to the question,   Y= F(K,L), where K = K' & L = L' , implying K capital and Labour L ...

Q: Assume Reginald has the option of choosing between two goods, X and Y, both of which have a positive...

A: Answer - "Thank you for submitting the question.But, we are authorized to solve only "3" subparts. F...

Q: I went to the store to buy new bookbag.  I expected to pay $50.  It was only $30.  I got a _________...

A: Consumer willingness to pay measures or represents the cost of a good or service to a buyer.

Q: our first job after graduation is in the statistical office of the small country Exemplia, where mos...

A: Given: 2020 2021Price Quantity Price QuantityOlives (domestic consumption) 2 2,000 2.20 2,100Olives ...

Q: A balanced budget occurs when government a. outlays exceeds tax revenues. b. tax revenues exceeds o...

A: Government budget refers to the legal document which is prepared by a political entity or by the gov...

Q: A known phenomenon in everyday life is that often in a purchase situation there is a deviation betwe...

A: Answer-

Q: Suppose that pig farming in a region is a perfectly compet- itive industry. However, one negative co...

A: In the above question, it is given that : Suppose that pig farming in a region is a perfectly comp...

Q: An example of a fiscal policy designed to increase real GDP is a. a cut in taxes. b. an increase in...

A: Fiscal policies are designed to influence the aggregate demand, which further leads to affect the gr...

Q: A. why richer countries have higher savings rates. B. the patterns of international trade among coun...

A: The Solow-Swan model or exogenous development model is a monetary model of long-run financial develo...

Q: The graph shows the demand curve for wallets and the market price of a wallet. 18.00 Vhat is the con...

A: The consumer surplus is the difference between the maximum price consumer wants to pay and actual pr...

Q: Classify each of the statements as an example of positive or normative analysis.. The sugar quota in...

A: The sugar quota in the United States costs consumers $6.08 billion a year. Correct Answer: Positive ...

Q: Which of the following is true of an economy’s production possibilities curve? a. It shows the comb...

A: Production possibility curve is also called production possibility frontier. 

Q: Name two changes that have occurred as a result of the Civil Rights Act of 1991

A: The Civil Rights Act of 1991, so, is a employment regulation that undermines organizations with colo...

Q: Table 2 Shows Media Cable’s demand table, total revenue, and marginal revenue at each price. Why, at...

A: Answer: Total revenue: total revenue is calculated by multiplying the price and quantity.  Marginal ...

Q: is a levered bank, while Is an unlevered bank. Assume that both banks offer an annual rate of 4% on ...

A: Hi! thanks for the question but as per the guidelines, we can answer up to three parts at one time. ...

Q: Northeastern plans to upgrade the projectors in all classrooms; so they assigned Mary to be the Proj...

A: Answer-

Q: In the short run, ________ in the federal funds rate ________ the price level, and ________ real GDP...

A: Federal Funds rate is the potential instrument of monetary policy for the central bank,Fed.

Q: The primary difference between a change in demand and a change in the quantity demanded is a change ...

A: Demand law shows inverse relationship between price and quantity demanded keeping other factors cons...

Q: 2. Explain whether the following statement is true or false. "Governance is exercised only by the go...

A: Structures and processes aimed to provide accountability, transparency, responsiveness, rule of law,...

Q: Automatic stabilizers are at work if, as real GDP increases, ________. a. transfer payments decreas...

A: When talking about automatic stabilizers, they are the government actions that does not require to c...

Q: Investors view an increase in the default risk of corporate bonds, relative to US Treasury bonds. Co...

A: A corporate bond may be a sort of debt security that is issued by a firm and sold to investors. the ...

Q: Yakov lives in Montreal and runs a business that sells boats. In an average year, he receives $793,0...

A: Implicit cost refers to foregone income that could have been earned if resources were invested elsew...