What are the conditions that needs a perfect market abd what are the conditions that needs the market forms in the present age?

Q: 3. A person invests 4,500 in the hopes of receiving a return in eight years. What amount, in pesos, ...

A: The value of an item at a future period is called future worth or future value.It is basically the p...

Q: If there is an inflationary gap in the Canadian prairies and a recessionary gap in Ontario, what doe...

A: An inflationary gap is basically a macroeconomic concept that describes the gap between current real...

Q: Targeting inflation is better than monetary fine-tuning when time lags in the implementation of mone...

A: targeting inflation is the monetary tool used to maintain or achieve the inflation rate  under prede...

Q: Define Elasticity in your own words and also explain how elasticity can be measured?

A: Introduction and definition of the elasticity is as under:

Q: What is division of labour? Discuss some of the types of division of labour?

A: In any economic system or organization, the division of labor is the separation of tasks so that par...

Q: A taco hut is trying to determine its demand if it changes it's price. In 2019, they sold tacos for ...

A:

Q: The production of good x creates a negative externality on firms producing good y. Total costs are c...

A: Given: TC (x) = x2  px = 90 c(x,y)=y2 + 20x py = 20

Q: Briefly describe the factors that need to be considered during an ergonomic assessment.

A: Ergonomic factors are working environment circumstances that cause mileage on the body and can cause...

Q: The table below shows aggregate values for an economy where real GDP equals potent output. Potential...

A: Saving = Private saving +Public Saving. Private saving = GDP -Taxes -Consumption. Public saving = Ta...

Q: x(q) = R(a)- C(a) = 180g - (665 + 20g + 10g). What is the positive output level that maximizes the f...

A: In economics, profit maximization is the short run or long run process by which a firm may determine...

Q: Tariffs have mixed implications for citizens depending on their industry and position within it. The...

A: The official tariff rate was meant to discourage the import of finished goods and stimulate domestic...

Q: In the long run, monetary policy has an effect on... O a. All real economic variables. O b. The pric...

A: Monetary policy is the management of the quantity of money available in an economy as well as the ch...

Q: Assess the effects of Price floor   (Hint: Government policies and intervention)

A: Price floor is the minimum legal price at which a good can be sold. Below which a good can't be sold...

Q: 79. Chapter ma2pe08r, Section .212, Problem 016 (ID: 016.21.2 - MC - MANK08) An indifference curve i...

A: Indifference curve analysis is used in economics to find out the combination of good which will give...

Q: Find the minimum cost of producing 30000 units of a product, where x is the number of units of labor...

A: Cost minimization problem of the firm: Min 91x +96y  subject to constraint 30,000 = P(x,y) = 100x0.6...

Q: what is the relationship between wages and robbery?

A: Concept: Wages: In economics, wages refers to the price paid to the labor for the services rendered ...

Q: ITEMS S MILLIONS Personal Consumption Expenditure 640.00 Gross private Domestic Investment 180.00 Go...

A: (A) Gross Domestic Product (GDP)    The Gross Domestic Product (GDP) is a metric that measures the s...

Q: Which of the following statements are false? (i) If a 12% decrease in an individual’s income increas...

A: (i) If a 12% decrease in an individual’s income increases his quantity demanded for oats by 6%, the ...

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

A: The consumer price index is the price level of goods and services that are calculated in the given y...

Q: Relate acticle 6 "Everyone has the right to recognition everywhere as a person before the law" in sc...

A: Every person in the universe has the right to enjoy the benefits of all the rights given in the cons...

Q: In a small open economy, how will the domestic  be affected by a positive productivity shock? O. The...

A: an open economy includes all sector such as Household sector , Producers sector , Government sector ...

Q: Price and Cost ($) Given the information from the figure, if price equals $0.40, the firm should ATC...

A: "A profit maximizing firm shut down when the market price for it's commodity or service is lesser th...

Q: 5. Comerica's Balance Sheet information is given in the table below Assets Liabilities Reserves $75,...

A: Required reserve = r x deposit                                   = 0.25 x 300,000                   ...

Q: What is meant by economies of scale and what is the importance of this concept to  economic growth?

A: Economies of scale can be achieved by various measures, basically it refers to anything that helps i...

Q: Explain the difference between saving and investment as defined by a macroeconomist

A: Income refers to money earned by an individual from various forms, it could be in the form of wages ...

Q: You are shopping around to determine which bank account yields the highest return. You have three ch...

A: Future worth using compounding formula is  F=A1+innt           ... (1) Where i is the rate of intere...

Q: What are the impacts of trade barriers on currency values? Do trade barriers impact currency valuati...

A: Governments erect hurdles to free commerce between national economies, which are referred to as trad...

Q: 7..Assume that we have a fixed supply of a depletable resource to allocate between two periods. Assu...

A: Bank rate, also known as discount rate in American English, is the rate of interest which a central ...

Q: a tern utility function of the form u(w) = Vw. What would the ndividual be willing to pay for a lott...

A: As it is given lottery pay =$1,000,000 probability =0.0015

Q: Consider the following information on aggregate income, consumption expenditure, and planned investm...

A: Formulas: 1. Saving (S) = Income (Y) - Consumption(C) 2. MPC = ∆C/∆Y 3. MPC + MPS = 1

Q: Calculate the following using the Rule of 70:  3) How many years will Vietnam grow with a GDP of $2...

A: Rule of 70 implies that the time an economy takes to double it's GDP. Therefore, simply by computing...

Q: Consider the following payoff matrix. -1 P = 0 -1 (a) Find the optimal mixed row strategy. (b) Find ...

A:

Q: Fiat money has value because it... O a. Can be manufactured at will by the issuing government. O b. ...

A: In a wide sense, fiat money refers to any kind of money that has been declared legal currency by a g...

Q: Use the following assumptions to solve this assignment: 1. There are three countries - Argentina, Br...

A: Most economic decisions are made on the basis of the idea of an opportunity cost, what needs to be g...

Q: For conscious parallelism to be proven, each manufacturer should be found to have acted on its own. ...

A: We show that Conscious parallelism it is  the a price strategy that involves chànging the prices of ...

Q: he demand curve, the supply curve, or both to show what would happen if the government decided to im...

A: All answers given below,

Q: 3.a. Regrading the expected price, choose the correct math symbol below. PE ( ) 10 3.b. The actual...

A: Solving the question as per the given graph, where Long run and short run aggregate supply meet wher...

Q: What does a Rothschild Index score close to zero mean? The firm's product is very price sensitive. T...

A: The Rothschild index compares the elasticity of industrial demand for goods to the demand of a singl...

Q: what assets are involved in quantitative easing?

A: Quantitative facilitating (QE) is a type of whimsical monetary policy wherein a central bank buys lo...

Q: Suppose that a particular emissions abatement strategy would result in a $121 billion reductions in ...

A: Given:- Discount rate=2% Time=25 years Reductions=$121 billion. To calculate:- Maximum amount spent ...

Q: If desired investment spending is relatively sensitive to changes in interest rates, then in reducin...

A: If desired investment spending is relatively sensitive to changes in interest rates, then changes in...

Q: What is the after-tax present worth of a chip placer if it costs $75,000 and saves $23,000 per year?...

A: Let's solve it step by step:- The tax rate is 54% thus, calculating it by considering it at every po...

Q: 2. May purchased a new mobile phone and paid ₱10,000. This means that her marginal utility from this...

A: In a market, marginal utility refers to the amount of satisfaction gained by a consumer when he cons...

Q: An electric switch manufacturing company is trying to decide between three different assembly method...

A: The Annual Worth calculation method is usually used for comparing alternatives. This method is also ...

Q: Which of the following statements are false? (i) The absolute value of the price elasticity of deman...

A: The measure that depicts the change in quantity being demanded of a good with respect to change in t...

Q: The M2++ and M3 definitions of the money supply include financial assets... O a. Such as a credit ca...

A: The total volume of money that is being held by the public at a specified period in an economy is kn...

Q: Year BTCF (Marginal cost) 1 %24

A: Substitution/Replacement includes eliminating liquefiable material from the site and supplanting it ...

Q: Anecdotal evidence suggests that some insurance companies in Germany advertise specifically to certa...

A: In the insurance market, it can be seen that there is high risk or more probability to have market f...

Q: Suppose that the market demand for a certain product is given by P = 370 – 2Q, where Q is total indu...

A: a. P=370-2QP=370-2(Q1+Q2)P=370-2Q1-2Q2TR1=PQ1TR1=(370-2Q1-2Q2)Q1TR1=370Q1-2Q12-2Q1Q2MR1=370-4Q1-2Q2C...

Q: What are deposits and the money supply if the required reserve ratio is 50% and reserves are 5,000 w...

A: The money multiplier is inversely related to the required reserve. It means as the required reserve ...