What are the consequences of reduced publicfunding?

Q: If the average cost (AC) of producing a good is increasing as a firm produces more output (q), then ...

A: Total cost is the sum of variable cost and fixed cost.

Q: Suppose MPL = 0.5 ∗ (q/L) and MPK = 0.5 ∗ (q/K). In the long run, the firm will hire equal amounts o...

A: MPL and MPK are the marginal productivites of labor and capital. Each firm produces the good with th...

Q: Question 25, P1-3 (similar to) > Part 1 of 5 Cash flows It is typical for Jane to plan, monitor, and...

A: The term cash flow refers to net amount of {cash |of money} and cash equivalents being transferred i...

Q: In the short run, a rise in the federal funds rate shifts the a. AD curve leftward. b. SAS curve...

A: When product or any kind of service is manufactured, cost  takes place and process of business follo...

Q: Suppose that production of steel in the United States involves negative externalities. Now suppose t...

A: Total social cost Total social cost refers to the is the total of the private costs coming from a tr...

Q: Show that a monopolist with one product at the left end point would find it profit maximizing to ser...

A:

Q: Why is it desirable for a country to have a large GDP?

A: In economics, the gross domestic product is an economic measurement to compute the national income o...

Q: Assume an economy in which only broccoli and cauliflower are produced. In year 1, 500 million pounds...

A: GDP deflator and CPI are both measures of inflation. GDP deflator measures changes in price keeping ...

Q: Which of the following will NOT shift the ADTI curve? O a. A rise in government spending O b. A rise...

A: AD: Y= C+I+G+NX Y = National Income or output C= Consumption I = Investment G = Government Spending ...

Q: Suppose that the equilibrium real overnight interest rate is 1 percent and the target rate of inflat...

A: The inflation rate is the percentage change in the consumer price index of the current year to the c...

Q: You borrowed money from the bank with a simple interest 8%, find the present worth of P25,000, which...

A: Given that: Future Worth (A) = 25000Interest Rate (r) = 8% or 0.08Time(t) = 10 months or (10/12) yea...

Q: The coconut oil demand function (Buschena and Perloff, 1991) is Q = 1,200 - 9.5p + 16.2 pp + 0.2Y, w...

A: Put p=45, Pp=31 and Q=1,275 in Q = 1,200 - 9.5p + 16.2 pp + 0.2Y to get Y: Q = 1,200 - 9.5p + 16.2 p...

Q: Which of the following is an example of the real flow in the circular flow model of economics? A. A ...

A: The interaction and relationship between the households and the business is interpreted by the circu...

Q: 3) Consider a commodity X whose demand function is 100-2P and which has a perfectly elastic supply c...

A: Market equilibrium is achieved when demand and  supply of services and   goods are equal .    And af...

Q: firm decides to invest X units of capital in Project A and Yunits of labour in Project B.   iv.  ...

A:

Q: Which of the following is a producer good?

A: To find : Which is producer good 

Q: You are to write an essay on the possible impact of the Russia- Ukraine crisis on global banking sec...

A:

Q: You are given the following information about an economy:                                           ...

A: Solution(1) Disposable Income = Personal Income - Direct Taxes + Transfer Payments Personal Income: ...

Q: At what annual interest rate will $1,200 invested today be worth $2,500 in 12 years?

A: We have: Annual interest rate = $1,200 Time= 12 years

Q: .Consider a small, remote town with only one employer - a pulp and paper mill. Suppose there are cur...

A: As per the question, Initial number of workers= 600 workers Initial wage received by a worker= $5000...

Q: List five typical attributes that an entrepreneur should have.

A: The list of five typical attributes that an entrepreneur should have been as follows: Desire to Achi...

Q: . Which of the following are determinants of aggregate demand? Choose all that apply. A. a spike in ...

A: Answer: Determinants of aggregate demand: the determinants of aggregate demand refer to the factors ...

Q: Moving from static efficiency state with an unlimited resource supply to a dynamic efficiency state ...

A: Static Efficiency State is defined as a state where the efficiency depends on the most efficient com...

Q: Leyla consumes goods X and Y. The price of good X is Px and the price of good Y is Py, Leyla’s incom...

A: Budget constraint refers to the different combinations of two goods that a consumer can consume with...

Q: Suppose that the following utility function is given U(X,Y) = X²/ªy²/3¸ If the price of good X is 5....

A:

Q: If a monopoly firm sells a product with price $100, whose marginal cost is $30, what is the price/ m...

A: Please find the answer below.

Q: Question 39 Consider the table below. The addition of worker number when the firm first experiences ...

A: Change in the total product when one additional unit of input is used, is called the marginal produc...

Q: he market demand for a product is Q = 2500 – 400P - 0.11, where P i ne price per unit of a product, ...

A: The marginal revenue refers to the change in the total revenue one additional unit of output is sold...

Q: what do you mean by CIRCULAR FLOW OF GOODS AND INCOME AMONG PRODUCERS AND HOUSEHOLDS

A: circular flow model  Lets understand this concept with an example:- In this circular flow model the...

Q: Refer to the data in the table given below. Suppose that the present equilibrium price level and lev...

A: We have been given that dataset C is the relevant aggregate supply schedule. We can see that the pri...

Q: The human effort applied to the production of goods is called in economics

A: To find : What is human effort applied to production of good in economics   

Q: Macroeconomic equilibrium is defined as ___. A. The point at which the supply curve and demand curve...

A: In economics, macroeconomic research is about all the economy at once. Macroeconomic concepts discus...

Q: Suppose you are given the following information: Q s = 100 + 3P Now suppose that a tax is placed on ...

A: When taxes imposed on buyers the demand curve shifts to the left and the new quantity sold is less t...

Q: Which of the following does not exemplify the globalization of education?         C...

A: There is a form of government adopted worldwide which is known as democratic government and it has b...

Q: Gabe purchases a $600 bond that has 6 remaining semi-annual 7% coupon payments for $510. What would ...

A: Semi-Annual: is an adjective that describes one thing that's paid, reported, published, or otherwise...

Q: 24. Shareholders start to sell off their assets. What could this indicate? A. The economy is in a st...

A: Existing shareholders who sell shares through underwriters in private placement offerings absolved f...

Q: A competitive firm's supply curve is identical to its marginal cost curve. True or false? Briefly ex...

A: A perfectly competitive market refers to the market in which a firm charges the same price is equal ...

Q: he policies of OPEC+ have nothing to do with the surge in crude prices, two sources in the group sai...

A: OPEC which is a oil exporting petroleum countries is a Big cartel which make decision about Producti...

Q: 40 36 Demand 32 28 24 20 16 12 4. 2 3 4 5 6 10 QUANTITY (Thousands of large boxes) In the following ...

A: Output (Q) Price (P) Total Revenue (P*Q) Marginal Revenue (TRn - TRn-1) Average Revenue (TR/Q) 0 2...

Q: What prevents a perfectly competitive firm from seeking higher profits by increasing the price that ...

A: The perfect competitive firms sell homogeneous products which means other firms also sell the same t...

Q: Cônsider the table below. The addition of worker number is when the firm first experiences diminishi...

A: Total product is simply the output that is produced by all of the employed workers. Marginal product...

Q: Productive and allocative efficiencies are among the core concepts in economics. i. Differentiate be...

A: Productive efficiency says that the economy can't produce more of one commodity without sacrificing ...

Q: Educational equality exists when schooling produces the same __________ for lower-class children and...

A: Education equality refers to the similar level of opportunities and knowledge for all the people irr...

Q: Question 1 Use Table 1 to calculate the following (show your calculations): 1. GDE for 2015. 2. GDE ...

A: Gross domestic product (GDP) is the standard measure of the value added created through the producti...

Q: A plant erected to manufacture socks has a first cost of 10,000,000 with an estimated salvage value ...

A: The periodic contribution can be calculated with the following formula   P = Depreciating amount x R...

Q: what is the major source of human capital formation in an country explain ????

A: Human Capital Formation is a process of developing abilities and skills among population of the nati...

Q: When you take your first job, you decide to start saving right away for your retirement. You put P 5...

A: Given, monthly payment= P 5000 Interest rate= 8% Time period= 35 years  

Q: With the inflation rate on the vertical axis and output on the horizontal axis, the long run aggrega...

A: The long-run aggregate supply curve is vertical because output is independent of the inflation rate....

Q: The first costs of an equipment is P 65,000 and a salvage value of P 3,000 at the end of its 6 – yea...

A: cost of equipment = 65000 salvage = 3000 P time = 6 years Method = sum of year digit method

Q: Which of the following statements is FALSE? high rates of unemployment often have a way of perpetuat...

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...