Q: 3. Consider the following game in extensive form X- Playert + Player 2 D. (a) What is the normal for...
A: Given, There are Two Players : Player1 and Player 2 Player 1 has two strategies : B and T Player 2 ...
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: . 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: 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: Supply Demand Supply Demand 2 1. 3 4 5 8. 10 QUANTITY (Millions of pens) Compare both the Scenario 1...
A: Answer: If the number of students with an allergy to pencils and erasers has increased and if it cau...
Q: Trying to construct a graph that shows U.S. Demand curve for sugar. U.S. Supply curve for sugar. Sh...
A: For a given information - Demand is given by the amount consumed at given price levels . Supply is g...
Q: 1.5) What are the financial benefits are reported by the organization after the successful implement...
A: Many organisations produce the goods with sustainable development. The organisation which provide he...
Q: In reality the balance of payments may not balance due to A) net trading by the Bank of Englan...
A: Answer: Balance of payment records all the transactions that take place between the residents of a c...
Q: The following table shows the units of output a worker can produce per month in Germany and South Ko...
A: Given : Steel (tons) PC (personal computer) Germany 20 10 South Korea 8 2
Q: individuals may get funding from the capital markets.
A: Capital markets are defined as the market where the trading of shares, debentures, long-term securit...
Q: your opinion, which economic indicator, nominal GDP, real GDP, or inflation, do you believe provide...
A: Real GDP provides a clearer picture of the state of the economy than nominal GDP and inflation.
Q: price index in period 3 is 125 and the price index in period 4 is 120, the rate of inflation between...
A: Price index is measured using fixed basket of goods.
Q: Diminishing returns occurs in the short run because The average product of labor will decrease after...
A: A firm faces different market situation in the short-run as well as in the long-run.
Q: Suppose that Paulie and Vinny each can produce ice cream or t-shirts. The table shows the quantity o...
A: (Since you have asked many questions, we will solve the first one for you. If you want any specific ...
Q: List all the contingent plans of each player.
A: Contingent plan refers to the possible actions available based on the other players choice. Since Al...
Q: . What are the differences and/or similarities if there is between economic growth and economic deve...
A: Economic growth and Economic Development sound similar terms but there is a noticeable difference be...
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: Discuss the various types of crisis in capitalism that Marx conceptualized and explain why an ‘under...
A: An economic crisis in capitalism is a severe and long-lasting disruption of the capitalist economy a...
Q: A. Looking at the supply sched, which firms apply to the law of supply? B. If these are the only fir...
A: Here we calculate the following by using the given information and conclude the terms , so the calcu...
Q: in your own words, discuss the operation of capitalism.
A: Capitalism is one of the types of economies that explains a specfiic market structure according to w...
Q: What is Bill's opportunity cost for a pound of berries? Enter a value without commas, symbols or wor...
A: Opportunity cost in general terms can be understood as the benefits of a good or commodity lost due ...
Q: There are three people who consume public and private goods. As usual, the public good is x, and rep...
A: Given that; The utility function of the person 3 is u3(x,y3)=3Inx+y3 Budget constraint =x+y3=10 Pub...
Q: What is the effective rate of interest for a nominal rate of 6.5% semi-monthly?
A: Answer-
Q: Suppose that Moby went from a stay-at-home father to a paid worker. He now earns $300 a week but pay...
A: Gross domestic product (GDP) is the standard measure of the value added created through the producti...
Q: What are the difference of Tariff and non-tariff restrictions?
A: Tariff restrictions are the tax restrictions and non-tariff restrictions are the non-tax restriction...
Q: Given the demand and supply equations below, show the burden of a 50% tax on the producers. What is ...
A: Answer -
Q: Use Fisher 's form find the price index number of the following table: Commodity Unit Base Year Curr...
A: To compute the price index through Fisher's approach, a specific formula is: ∑P1Q0∑P0Q0×∑P1Q1∑P0Q1××...
Q: Amy is facing the following decision problem with monetary outcomes, expressed in terms of changes i...
A: Given, Amy's decision problem with monetary outcome There are two acts : a and b There are two sta...
Q: If a 6% increase in price leads to a 12% decrease in quantity, then we can conclude that the price e...
A: Here we calculate the following by calculating elasticity and other relevant formula and choose the ...
Q: 2. "It would be misleading to use GDP as an index of social well-being." Explain the reasoning behin...
A: Gross domestic product of a country is the market value of all final commodities and services that a...
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: Bruno is a landowner and Angela is a farmer who pays a share of her grain output to Bruno for the us...
A: A subset of the technically feasible set is the economically feasible set.
Q: Consider a monopolist which faces the following demand: P= 500-20Q. The marginal cost or supply of t...
A: Here we calculate the price and quantity that maximizes profit and producer surplus by using the giv...
Q: You are an analyst at a chipmaking company that is part of a supply chain that involves chipmaking a...
A:
Q: Modernizing values of developed nations, many societies in developing countries suffer from serious ...
A: ECONOMIC development means the overall growth of people . As a result, development must be viewed as...
Q: 2. The liquidity of an asset is A. the ease with which you can sell the asset. B. the speed at whi...
A: The economies around the globe tend to face a limit to the amount of resources which they have. This...
Q: How much should be invested now (at present time) at 8% compound interest per year, in order to rec...
A: In the question above, it is given that : Rate of interest = 8% = 0.08 Amount = $1360.5 Time period...
Q: Compare both the Scenario 1 and Scenario 2 graphs. Notice that after completing both graphs, you can...
A: Answer: If the medical concern increases over lead pencils causing the increased demand for pens the...
Q: rectangle e same level of satisfaction, or are prefered to bunde B (ncluding bunde B). abel this are...
A: Utility is an hypothetical ambiguous satisfaction level of consumer that he or she yeilds from certa...
Q: market for N-95 masks is perfectly competitive. Market Demand is given by Q=308-2P and Market Supply...
A:
Q: Explain whether each of the following statements describes a change in demand or a change in quanti...
A: Change in demand implies the change in clients wants to purchase a specific item on the lookout and ...
Q: Is national reclamation plan good or bad?
A: The statute called for money from the sale of semi-arid public lands to be set aside for the buildin...
Q: TRUE OR FALSE? Economic Development is an independent subject and one of the branches of economics....
A: 1) Answer:- True. Explanation:- Development economics is a field that studies the financial implicat...
Q: 1. Assume that the production of wine requires land (T) and labor (L) and it follows diminishing ret...
A: The diminishing returns to scale means that each added input (labor) will result in a decreasing rat...
Q: Consider the following data from Statistics Canada, which covers persons of working age (i.e., ages ...
A: (a) Unemployment rate = (No. of unemployment people / Labour force) x 100 ...
Q: The market price of cheeseburgers in a college town decreased recently, and the students in an econo...
A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...
Q: You borrow $5000 from a family member and agree to pay it back in 5 months. Because you are part of ...
A: The interest rate is the percentage of a loaned sum that a lender charges the borrower as interest, ...
Q: Answer for (b) & (c) Please Airtight Manufacturing produces plastic cases that utility companies ...
A: Given the airtight manufacturing producing plastic cases and utility companies to buy and protect el...
Q: Suppose the demand for skilled military personnel is given by the curve L=240 – 5w, where L is the l...
A:
Q: Question 9 An increase in the number of buyers in the market for fidget spinners will result in a fo...
A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...
29. What do you understand by
Step by step
Solved in 2 steps
- How do the shareholders who own a company choose the actual company managers?5d What is the relationship between accounting profit and economic profit? Which is relevant for a firm’s decision to continue production and why? Give examples as to what may cause a divergence between accounting and economic profit4. Last year Wei Guan Inc. had $350 million of sales, and it had $270 million of fixed assets that were used at 63% of capacity. In millions, by how much could Wei Guan's sales increase before it is required to increase its fixed assets? Please TYPE
- (1) Microsoft P=$83.80 Earning per share (EPS)= $4.05 Price earring ratio (P/E) = ? Rate of return = ?3. Explain the reality of loss-making beginning and uncertainties in taking ECE ideas to market.Briefly explain different means of creating and capturing economic value out of technologypossibilitiesThe following is data for a manufacturing company:Begin Direct Materials $ 2,000 Direct Labor $ 5,000End Direct Materials 3,000 Begin Work-in-Process 4,000End Work-in-Process 6,000 Manufacturing Overhead 12,000Direct Materials Purchased 10,000 Cost of Goods Manufactured 24,000Cost Goods Sold ? End Finished Goods 9,000Gross Margin (Profit) ? Net Income ? Operating Expenses 6,000 What is the amount of Direct Materials used in production?
- Question 2 Lamya has initial investment of SR45, 000. If it were to be invested on stocks, the market interest rate would be 0.12 (12%).However, the industry uses capital and labor as inputs and sells 2, 800 belts per month at SR25 market price. If the cost of the machine that produces the belts is SR 30,000 and labor cost is 20,000. Calculate the following: a. Total revenue. b. Opportunity cost of capital c. Economic profit d. Accounting profit e. From your answer in (c), is the business profitable from the economic profit point of view? Explain your answer. Question 3 The table below gives some data on the population of Crescent Highland. Use the provided information to fill the table. YEARS 1 2 3 4 5 6 7 Population: 16 Years Older or Over (Millions) LabourForce (Millions) Employed (Millions) Unemployed (Millions)…1.During a year of operation, a firm collects $5,000,000 (TR) in revenue and spends $3,500,000 (EXPLICIT) on labor expense, raw materials, rent, and utilities. The firm’s owner has provided $1,000,000 of her own money instead of investing the money and earning a 12 percent annual rate of return. Show your work. a. The explicit costs of the firm are $_________. The implicit costs are $_________. Total economic cost is $__________. b. The firm earns accounting profit of $________. The firm’s economic profit is $_________.Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant. Your aunt’s opportunity costs comprise * If your aunt thought she could sell $510,000 worth of merchandise in a year, what is your aunt’s accounting profit? *$10,000-$40,000$460,000$0Given the above situation, what is your aunt’s economic profit? *$10,000-$40,000$460,000$0
- Barbara's annual revenues are $234,000. She pays herself $109,000 as a salary and pays her helper a market rate salary of $30,000. Materials, insurance, etc. costs her $34,000 a year and she pays the market price for them. She has two job offers should she decide to sell her store. The first pays her $79,000 and the second would pay her $62,000. All salaries are annual salaries. Then, what are her economic profits as a store owner?1. Throughout this course, we have solved many optimization or profit maximizing problems. a. State the rules used for unconstrained (regular) optimization and for constrained optimization. b. Using your own words, explain the rationale behind each stated rule as if you were explaining them to someone who has not yet completed this course: c. What doe economist mean when they use the term marginal? d. State how to compute Profit and explain how account profit and economic profit provides different insights to a firm’s current operations.3-The IT functions do not directly support the business objectives of an organization Select one True False
