What are the current situation of agriculture and home economics? How these two contributes to the economy of a country?

Q: n an economy population growth iS 3%, the growtn rate oT capital is 5%, the output in the economy is...

A: Population growth rate = 3% => % change in N =3 -------------------- growth rate of capital = 5% ...

Q: Under Economic Flows Give 3 different examples of Other Flows

A: Other flows are changes in asset and liability values that do not occur during transactions. The fir...

Q: 1. Examine the data on unemployment rate and Economic rate for country A and Country B i) Identify...

A: Unemployment and Economic growth:- The connection between economic growth and unemployment demonstra...

Q: The demand curve is also the O A) total benefit curve. O B) marginal cost curve. C) total cost curve...

A: Demand curve is negatively sloped showing inverse relationship between price and quantity demanded.

Q: Calculate the future equivalent at the end of 2012 at 8% per year, of the following series of cash f...

A: Futures Equivalent: The number of futures contracts required to match the risk profile of an option...

Q: Alice is going to Wonderland and needs supplies. She has $100 and can buy only walnuts and raisins. ...

A:

Q: Remember to illustrate diagramatically for some of these parts! 6. Assume you can work as many hour...

A: "Since you have posted a question with multiple subparts,we will solve first three subparts for you....

Q: two goods Folger can afford. Move point A to mark the 110 combination of the two goods he will choos...

A: Answer: According to the above figure, point A lies where the consumer consumes 6 books and 50 cups...

Q: . Can you sense the contrast between the Progressive reforms at home, and United States actions in L...

A: ANSWER     The time of US history from the 1890s to the 1920s is generally alluded to as the Progres...

Q: Please answer the question using the following table Year Cauliflower Broccoli Carrots Price Quantit...

A: Year 2008: Nominal GDP = Quantity of 2008 * Price of 2008 => Nominal GDP = (100 *$3) + (50 *$1.50...

Q: Consumer surplus exists when a A) person buys something with a marginal benefit more than what they ...

A: Consumer surplus can be understood when the consumer willingness to pay is higher than the actual ma...

Q: Consider a market where 2 firms compete a la Bertrand. Market demand is q(pmin) = 12 - pmin» and mar...

A: To check the statements provided in the question we need to formulate a game with these two firms ha...

Q: A Movie theatre charges $20 for a ticket, with an average daily demand of 600 tickets. The theatre i...

A: Elasticity of demand measures the responsiveness of quantity demanded to changes in the price level.

Q: What economic zone set by countries such as China and Indonesia can be seated as an example of neoli...

A: The term "neoliberalism" is often used to denote market-oriented reform efforts. "Removing price con...

Q: Which one of the following statements regarding the price-setting curve is true? O. If labour is the...

A: The price-determination curve depicts the true wage paid when businesses select their profit-maximiz...

Q: What information additional information (besides what is shown in the PPC) would be needed for the g...

A: c. All government consumption, investment, and transfer payments are included in government spending...

Q: what are the key characteristics of inflation-targeting central banks?

A: Inflation Targeting:- Inflation targeting is a banking system procedure that requires setting an inf...

Q: Jake just bought a new hockey stick. When he was leaving the shop, he thought that he such a great d...

A: The demand curve indicates the consumer's willingness to pay for different quantities of a good. It ...

Q: Draw the circular flow model and in your own words, discuss the operation of capitalism.

A: The circular flow of income refers to that model of the economy in which the exchanges are represent...

Q: There are two portfolios available: A: Get $4 for sure B: 70% gaining $10 and 30% losing $10. The ex...

A: Here, it is given that the individual is risk neutral, which implies that if expected value of risky...

Q: Suppose an economist develops an international trade model based on the assumption that there are on...

A: The Economist mostly considered only two countries and two goods for the better understanding of the...

Q: Bank 1 and Bank 2 are considering entering a compatibility agreement that would permit the users of ...

A: From the given data as followed by Now we have to consider that the data as We know that A memorandu...

Q: In a monopolistically competitive industry with zero profits, each firm will produce less than the a...

A: In monopolistic competitive market there are many firms selling the differentiated goods. 

Q: Consumer surplus exists when A) consumers value the good more highly than what they must pay to buy ...

A: Marginal benefit is the demand curve. It is equal to price at equilibrium. Marginal cost is the supp...

Q: There are three groups of citizens who visit a beach. Group C, which is the farthest away, has to pa...

A: Here, it is given that three groups of citizens pay different charges to visit the beach due to the ...

Q: a) Suppose the two countries engage in international trade, and that the international relative pric...

A: Answer a). 

Q: If Bangladesh is open to international trade in oranges without any restrictions, it wil import tons...

A: Given; Domestic equilibrium price= $990 Domestic equilibrium quantity= 50 tons World price= $810 If ...

Q: Last year the average price for an airline ticket was $400, but the average price dropped to $350 th...

A: Answer: Given, Airfare (price per ticket) Quantity supplied (millions of seats) $0 0 $175 350...

Q: Alfred is a Partner. His dependent daughter wants to try making investments using an app on her mobi...

A: Investment means formation of capital during and year  a good investment fetch better return in the ...

Q: compounde CO Dour after 10 year

A: Given that, Present value (P) = $650 Interest rate (i) = 3.2% or 0.032  Number of period ( n) = 10 y...

Q: Why do we say that the "Rip-off," "False Economy," and "Overcharging" strategies are not market-orie...

A: Market-oriented pricing, often referred as a competition-based strategy, compares products on the ma...

Q: Draw a utility function over income u( I) that describes a man who is a risk lover when his income i...

A: In this question we have to find out the why utility function might reasonably with the help of the ...

Q: 3. Suppose we have two markets, A and B, each consisting of seven firms. The market shares of the 5 ...

A: ANSWER: OPTION F (ALL STATEMENTS ARE TRUE) Here given two markets A and B each having 7 firms. The m...

Q: Explain what responsibilities of "cost control" are in a project associated with the making of a Hol...

A: Step 1: Cost control: Cost control is the act of recognising and lessening operational expenses to b...

Q: The output from a McDonalds restaurant would be classified as ________ production.A) quaternary B) p...

A: McDonald's is an organization that provides food products to the people as provide a place to sit an...

Q: Define (1) Economic Stocks and (2) Economic Flows.

A: Answer: (1). Economic Stocks: The stock variable refers to the variable which is measured at a parti...

Q: In 3–5 sentences, explain 2 causes and 2 effects of the stock market crash of 1929

A: Stock prices plummeted 40% in late October 1929 when the market collapsed. The 1929 stock market cra...

Q: Even though they're separated, Paul and Camille decide to study a price-fixing agreement that will m...

A: As the two bakeries are now in a Bertrand price competition , both Bakeries aim to capture major mar...

Q: Marginal benefit and marginal cost (dollars per swim) 50 MC 40 30 20 10 MB D В 4 5 Manatee swims (pe...

A: Allocative efficiency refers to a situation where price of a particular good is equal to the margina...

Q: Evaluate the statement “Inflation reduces the purchasing power of Peso

A: Inflation is an important concept in economics. It refers to the increase in price levels from one p...

Q: Explain whether each of the following statements describes a change in demand or a change in quantit...

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the exac...

Q: The following graph shows the market for cakes in San Francisco, where there are over 1,000 bakeries...

A: Supply curve shows quantity supplied by producers at various prices. It slopes upward. When number o...

Q: Billions of Item Dollars Checkable Deposits Seall Time Deposits Currency Honey-Market Mutual Funds H...

A: Here we calculate the Size of Money Supply M2 by using the given information , so the calculation of...

Q: long run on consumption, savings, investment,

A:     Y= F(K,L)   where K=K  and L= L impling K capital and Labour L are taken to be constant. Therefo...

Q: Lorena uses her income to consume two goods. Originally, she was consuming at point (a), but then go...

A: Lorena uses her income to consume two goods.

Q: Consider a small open economy that takes the world interest rate as given. If it is assumed that a s...

A: Unlike the earlier notion of utility being a measure of happiness, utility is now described as a met...

Q: Choose the false statement. 1) Patents are a reason for monopolies to exist. 2) Network effects mu...

A: Introduction: Profit maximization is a process that businesses go through in order to obtain the opt...

Q: g equations: P = 48 – 2Q P = 24 + 2Q demand: supply: is the price of a bushel in dollars and Q is qu...

A: At equilibrium, demand = supply and graphically where demand & supply intersect or cross each ot...

Q: Price (dollars per unit) 25 Market 20 Price 15 10 D 1,000 2,000 3,000 4,000 5,000 Quantity (units pe...

A: Demand curve shows quantity demanded at different prices. It slopes downward and reflects inverse re...

Q: What is Philippines' national reclamation plan?

A: In 2017, the Manila regional government reported that it has endorsed four reclamation projects: the...