What are the relationship between the migration and the income inequality? Does it affect the community? Why

Q: Which of the following statements is false? Sticky wage theories presume that the main cause of…

A: Statement 1 is true- Wages can be stifled for a variety of reasons, including labor unions and…

Q: During the U.S. Financial Crisis, Federal Reserve funding facilities were created to 1. Bolster the…

A: When talking about US financial crisis, it was the situation when US economy was slow down due to…

Q: A firm that has positive accounting profit does not necessarily have positive economic profit. True…

A: The economic profit can not be greater than the accounting profit.

Q: What is Tesla Inc. in 2018 all about?

A: Introduction Elon Musk, Tesla's Chairman and CEO, tweeted on August 7, 2018, that he was…

Q: . Let the base year used for calculating CPI be 2010. . CPI in 2019 equals 127. What nominal amount…

A:

Q: 6. A 40-room hotel is fully occupied if Php 300.00 is charged per day per room. For every x…

A: Number of Rooms = 40 Charged per day = 3000

Q: 5. What is player 3's knowledge of player 1's choice: 1 A 113 1 L 1 3 RL 000 R 113 3 L RL R 2 1 1 2…

A: Here, the given payoff tree explains a game with three players where player 1 performs A or B,…

Q: A group of 100 residents in a small community have decided to pay for a local police force. Each…

A: The above question is based on the concept of marginal value. Marginal value refers to the next…

Q: uppose demand is represented by P = 100 - 2Q, and supply is represented by P = 5 + 3Q. If the…

A: Given  Demand equation: P=100-2Q          .... (1) Supply equation: P=5+3Q                 .... (2)…

Q: How significant the relationship of migrant workers and income inequality

A: Inequality means the unequal distribution of resources between groups of members. The people are…

Q: Jillian's slushee store faces an isocost curve given by C=10L+5K. L = number of employees, K =…

A: "Iso-cost curve shows different combinations of two inputs employed in the production process which…

Q: The price of the commodity is P4/unit. Complete the table below     Q Demand Supply TR TFC TVC TC…

A: Q Demand Supply TR TFC TVC TC AVC AFC AC MC MR Profit 0 100 0 0 100 0 100 0 0 0 - - -100 10…

Q: consumer endowed with a positive net income m. If the unit prices of goods are p1 and p2 with p1=2p2…

A: *Answer:

Q: (labelled The diagram below shows three supply curves (labelled S) for the pound sterling (£). The…

A: A recession is a macroeconomic phrase that denotes a considerable drop in overall economic activity…

Q: The experience of Greece illustrates some of the challenges of the eurozone. As a result of the…

A: In this situation:- Due to the global financial crisis that began in 2007–2008, Greece was in deep…

Q: (a) Prove that competitive equilibria are always Pareto efficient. (b) Consider two-persons,…

A:

Q: Choose the degree AND the type of elasticity list for each event below: Please use ONLY lower case…

A: * ANSWER :-  (10)   The given informastion is

Q: The details for the two project proposals are shown below: IRR NPW (15%) EUAW(15%) PROJECT 1 20.01%…

A: Answer is given below

Q: Explain the theory of comparative advantage using an example, and describe five (5) assumptions.

A: comparative advantage alludes to the capacity of a country to create specific labor and products at…

Q: Unemployment rate     5% Participation rate         62.5% Not in the labor force    60 million

A: Given data Unemployment rate     = 0.05 Participation rate         = 0.625 Not in the labor force…

Q: d) If real GDP in Ourland in 2007 was $1.1 million, when real GDP in 2006 had been $1.0 million,…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: 1. Consider the balance sheet of bank B. If bank B has total reserves of $30m, and the liability of…

A: An expected save proportion is the small amount of stores that controllers require a bank to hold…

Q: Isn't the utility function is perfect complement: min{} and the indifference curves should be…

A: A potential extension to the analysis is general equilibrium analysis or how demand and supply…

Q: Petiville has 200 unemployed people. Of these 200 people, 35 are unemployed for two weeks before…

A: A person is said to be unemployed when person is not getting job even at prevailing wage rate . And…

Q: Q5) Using graphical method to solve the following matrix game B1 B2 B3 A1 1 3 12 A2 8 6 2

A: For the given game, play A is maximser and player B is a minimiser of player A's payoff. Let player…

Q: 11.(a) Find an expression for the IS curve of the domestic economy. There is no need to show…

A: IS curve shows the goods market equilibrium. It is derived by the equilibrium of aggregate demand…

Q: The following provides data for an economy in a certain year. Consumption expenditures $1,000…

A: "GDP indicates the monetary or market value of all the final goods and services produced in an…

Q: Imagine an economy with a production possibility frontier showing constant opportunity cost. The…

A: Production possibility frontier (PPF) is alluded to as a chart that shows the most extreme…

Q: Assume, in producing one unit of a good X, an agent can exert either the good effort (G) or the bad…

A: Given that; In producing one unit of a good X, an agent can exert either the good effort (G) or the…

Q: 19. Suppose that you are a trader at the stock market. T-Mobile's stocks currently trade at $45 and…

A: In economics, the term "expectations" refers to the projections or perspectives that decision makers…

Q: Discuss what the shortcomings (limitations) of GDP as a measure of well-being and welfare of a…

A: GDP is the gross domestic product of any country which is the sum total of all the values of final…

Q: In order to find the subgame perfect Nash equilibrium of the whole game first focus on the subgame…

A: Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Mark's coffee shop has the production function, q=4K0.5L0.5. If the price of labor, L, is 5 and the…

A: "In economics, a firm produce quantity such that it maximizes it's profits and minimizes it's cost…

Q: Has globalization facilitated or obstructed greater labor migration?

A: Globalization is defined as the process under which different countries of the world exchange goods,…

Q: b) Which of the following statements is incorrect sales of used cars, existing homes and other…

A: GDP refers to production of goods and services during an accounting year.

Q: Myra buys an iPhone for $280 and gets consumer surplus of $120. (a) What is her willingness to pay?…

A: Answer to the question is as follows;

Q: Felix and Janet are farmers. Each one owns a 20-acre plot of land. The following table shows the…

A: There are two farmers, i.e., Felix and Janet Each owns a 20-acre plot of land  Each produces Rye and…

Q: Evaluate the following statement: “Predatory pricing in a market is a Nash equilibrium strategy…

A: Predatory Pricing  Predatory pricing is the deliberate strategy of setting the prices by the…

Q: Problem 6 Your company is in the process of adding a new line for making a new product. The fixed…

A: Given information Fixed cost=$21000 Variable cost=$50 per unit P=-0.5X+300

Q: Question 36 W Suppose that Y, VN, VK, and N1-N₂ (1+(Y/N, -yJ/y] where y, is the subsistence level of…

A: The aggregate level of output refers to the total output produced by applying the factors of…

Q: In which of the following situations will total revenue increase? Price elasticity of demand is 1.2…

A: When the firms want to change their elasticity of demand, they make use of price elasticity of…

Q: What is the VRIO Framework or Analysis of Tesla Inc. in 2018?

A: Introduction VRIO is a strategic analysis approach which is part of a larger business plan for a…

Q: Suppose the inverse demand curve on ore is given by P = 77 - 0.42 Q. Ore can be either mined or…

A: Given P = 77 - 0.42Q MC1 = 7q1 MC2 = 12 + 3q2 Find out What percent of total demand is satisfied by…

Q: Migration and income inequality is negatively related. Explain.

A: Inequalities can likewise result from expanded hindrances to movement, sporadic and problematic…

Q: Suppose that a company sells comic books for $3 and sells 30 million copies. If they were to raise…

A: Price elasticity of demand measures the responsiveness of change in quantity demand to change in…

Q: Malthus was the first theorist to introduce a well- developed exogenous theory of wages. The…

A: The iron law of wages is a proposed law of financial aspects that states that genuine wages…

Q: a) How do the pay-as-you-go and fully funded social security systems affect the equilibrium in the…

A: A pay-more only as costs arise annuity plan is a particular benefits conspire where the advantages…

Q: In which of the following situations will total revenue increase? Price elasticity of demand is 1.2…

A: Price elasticity of demand is used by enterprises when they want to adjust their demand elasticity.…

Q: Goods and services are scarce because resources are scarce. Select one: O a. True O b. False

A: Scarcity is the primary concept or reason to study economics as it is the cause of making trade-off…

Q: 3. Two players play the following normal form game. 1\2 Left Middle Right Left 4,2 3,3 1,2 Middle…

A: In grim trigger strategy, if one player deviates from middle then they will return to nash…