Q: 15. Justine buys a television set from a merchant who asks P 1,250.00 at the end of 60 days (cash in...
A: Let the cash price today be p. Assumption: cash price is worth 8%. 8% interest on cash price=0.08x P...
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A: Complementary goods have a negative cross price elasticity which means that when the P of one good r...
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A: Eqm is found by the intersection of dd(demand) and ss(supply). Here, the eqm price is 50 and eqm qua...
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A: Fixed costs are costs that do not change when sales or production volumes increase or decrease. This...
Q: TRUE OR FALSE The future worth of a perpetuity from one (1) to ? years is undefined because as ? ap...
A: The future worth of a perpetuity from one (1) to ? years is undefined because as ? approaches infini...
Q: 4. NSW government provides 200$ of active kids vouchers to an average family in NSW. 50% of such vo...
A: Income Elasticity refers to the percentage change in quantity demanded with the percentage change in...
Q: a. Explain briefly what the consumer price index tries to measure?
A: Since you have posted multiple questions, we will solve the first one for you. If you want any speci...
Q: Why does the community need to do research?
A: Research refers to the activity in which an individual or a group of individuals collects data for a...
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A: dd(demand) curve is a downward sloping line which shows the negative relation between P(price) and Q...
Q: Choose the letter/s of the correct answer/s. How are you going to maximize a profit if the price is...
A: Profit is the excess of revenue(TR) over costs(TC).
Q: An annual deposit of P1,270is placed on the fund at the end of each year for 6 years. If the fund ha...
A: Annual constant deposit = 1270 Time = 6 years Interest rate = 5 % compounded annually
Q: You are interested in the effect of a factory being inspected on whether it reduces its pollution ou...
A: Introduction This effect of fussy regression can be solved by Cartesian method: number of reported v...
Q: Solve for A. Variable and fixed cost B. Estimated increase in cost for additional days C...
A: Cost function = FC+MC* Q Whete VC = MC*Q FC = cost at Q=0
Q: Suppose that single-price, single-product and single-plant monopolist faces the following demand cur...
A: In a monopoly, profit is maximised at a point where marginal revenue is equal to marginal cost and p...
Q: Suppose Bangladesh Bank increases money supply, considering both short run and long run simultaneou...
A: Bangladesh Bank increases the money supply in the economy. It can have different impacts on the aggr...
Q: Which of the following statements is FALSE? Group of answer choices a) The Bretton Woods system fail...
A: The set of unified policies and rules that provided the framework which is necessary for the creatio...
Q: 6. Compare and contrast the views of Ricardo and Malthus on each of the following topics: (a) corn l...
A: First we show view Ricardo and Mathus (a) Corn làws ....... Ricardo opposes Corn Làws' defense laws...
Q: The monopolist must decrease price on all units of a product sold in order to sell additional units....
A: In a monopoly, there is only a single seller. The firm sells unique product so it has all the rights...
Q: Problem 07-02 (algo) An industry consists of three firms with sales of $310,000, $725,000, and $405,...
A: Total sales = 310000 + 725000 + 405000 = 1440000 1st firm market share = 310000 / 1440000 = 21.53 % ...
Q: In perfect competition, a firm can maximize profit by producing at a quantity where price Is lower t...
A: In perfect competition there are large number of firms selling identical goods.
Q: The city council of Morristown is considering the purchase of one new fire truck The options are TRU...
A: Cost is the expenditure that is made in order to convert the raw material into finished goods. It me...
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A: Price discrimination refers to when the firm charges different prices to different customers for the...
Q: If negative externalities exist in the production of a product, it causes causes_ of the product
A: Negative Externality : Negative Externality exists when the production or consumption of a good or s...
Q: two (2) differences between the consumer price index and the GDP deflator
A: CPI is Consumer Price Index. GDP Deflator is Gross Domestic Product Deflator.
Q: If C=0.8Y, I-bar=260, G-bar=200, TR-bar=150, T=0.2Y, X-bar=320 and M=0.1Y, the equilibrium level of ...
A: Aggregate expenditure function AE = C + I + G + X -M => AE = 0.8Yd + 260 + 200 + 320 - 0.1Y =>...
Q: Kids in the city were willing and able to buy 12 rolls of cotton candy when the price was $1.00 each...
A: The demand curve shows the various combinations of Pd and Qd of a good. The supply curve shows the c...
Q: Question 25 Which of the following is not one of the classical policies? O Laissez- faire O small go...
A: When talking about classical approach, it can be said that the classical way of dealing economic ins...
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A:
Q: 21. Which of the following is a producer good? А. О Pen В. О Суcle C. O Mobile phone D. O Hammer
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Q: 24. Competition à la Cournot with homogenous goods and symmetric convex cost functions. Consider an ...
A: Given information Cournot model with 2 firms Inverse demand function P=a-bQ Q=q1+q2 identical cost f...
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A: Given information Correlation vector which is showing the correlation of dependent variable with ind...
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A: The residential land use curve is based on how much is the consumer is willing to pay for a house. S...
Q: In the IS/LM, if α (alpha) =1.2, d=20, k=0.5, h=2, the monetary policy multiplier with respect to in...
A:
Q: the Savings function of UAE is: S 0.25Y. The Goverment of UAE has spent 100 billion dirham to develo...
A: (Q) The Savings function of UAE is: S = 0.25Y. The Government of UAE has spent 100 billion dirhams t...
Q: Which of the following is not correct? O 1) Frictional unemployment results from the process of matc...
A: We will answer the first question since the exact one was not specified. Please submit a new questio...
Q: What are the differences between copyright and counterfeiting? Using examples, examine the reasons w...
A: Copyright is a sort of intellectual property that protects original works of authorship once they ar...
Q: The social capital must be divided to allow for simple reproduction: 1-ku %3D Question 5. What is th...
A: The analysis of the conditions of reproduction and accumulation of aggregate social capital, accordi...
Q: The gravity model allows to directly compare the effect on borders on trade to the effect of distanc...
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A: Democratic government is a type of government in which there is both public and private sector invol...
Q: Pizzas are produced using capital as a specific factor and labor as a mobile factor. The graph below...
A: Given that; Pizzas are produced using capital as a specific factor and labor as a mobile factor.
Q: There is a desirable good, the number of units of which is determined stochastically—either 1 or 2 u...
A: Given, Two Players : Individual 1 and Individual 2 A Desirable good- 1 or 2 units are available. In...
Q: QUESTION: Can you decide whether to invest after these analyses? If not, what to do next?
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Q: Which of the following is a producer good?
A: To find: Which is producer good.
Q: Question 4 The COVID-19 pandemic has created a surge of patients going to hospitals, at times threat...
A: During the COVID 19, with the healthcare implications and with the rising demand of the hospital bed...
Q: Job search O 1) is one reason economies always experience some unemployment. 2) is the process of ma...
A: The economy always experiences some unemployment even when it is producing at full employment.
Q: 4) Consider the following production function F(K, L) = 6K° 25 L05 a) Does it display constant, incr...
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Q: Which of the following statements best describes the correlation between changes in the GDP and chan...
A: The answer is - c. emissions are strongly linked to changes in GDP.
Q: 19. Suppose pollution is produced by two firms, one of which faces a higher marginal cost of polluti...
A: Pigouvian Tax is levied on economic activity that result in negative externalities. Negative exte...
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- Explain the difference between a trial court and an appellate court. How do the cases differ at the trial level and at the appellate level? How do the judges differ at the trial level and at the appellate level? How do we know if the outcome of a court decision is binding authority?what do you mean by the term writ jurisdiction, How does the writ jurisdiction of Supreme court differs from that of a High Court?Explain the meaning of economic and juridical double taxation by also giving two examples.
- Jj.101.Identify and explain each of the four primary sources of modern United States law, describing and/or giving an example of each. What role does precedent (and/or stare decisis) play in the American judicial system?One of the characteristics of our internal revenue laws is that they are: * A. Political in nature; B. Penal in nature; C. Generally prospective in operation although the tax statute may nevertheless operate retrospectively provided it is clearly the legislative intent; D. Answer not given.
- Explain how the principles and steps of Rawls's justice theory relate to justice in contemporary business. Provide examples.Part B: As a policy analyst for the Congressional Budget Office, you have been asked to estimate the potential costs of occupational licensing to the U.S. economy. Using demand analysis, a basic examination of the national costs of licensing could be developed as follows: Suppose that the entire 10 percent wage premium is from market power (as opposed to greater productivity from enhanced human capital), and further assume that labor supply is perfectly elastic and the labor demand elasticity is 0.5. Hypothetically, assume that the Census data suggests that there are approximately 68 million licensed workers in the U.S. Also assume that the average earning is $50,000. Calculate the potential job loss and the annual cost to consumers as a consequence of occupational licensing. Hint: Recall that the movement up the demand curve is the change in wages times the labor demand elasticity times the number of workers. To calculate the costs, what would a license worker make if they were…Assess the concept of eminent domain, in general and the plight of Susette Kelo and her neighbors, in particular, from the point of view of the different theories of justice discussed in this chapter. Is it possible to square the government’s exercise of eminent domain with a libertarian approach to justice
- 4. No one has anything to fear from giving the police random stop-and-search powers so long as they have nothing to hide. If you are carrying a knife or gun or stolen goods, then of course it’s a different story. Opponents of the bill to grant the police more wide-ranging powers can only be helping to protect the guilty. Summarize this passage in12 words? Is it an argument? If so, what is its conclusion? If it isn’t an argument, why isn’t it?ASAP How has U.S. foreign policy promoted racism at home and abroad? Why has the Constitution been of little help in alleviating this racism? How could the Constitution be employed to deal with racism?Marijuana sales, primarily for medical use but also recreational sales (in some states,) have become big business and an economic boon to many states. Yet at the federal level, marijuana is still a Schedule 1 drug and illegal under the Controlled Substances Act (21U.S.C. Sec. 811). How is it possible, then, for states to cultivate and sell marijuana without federal intervention? What is the role of each of the three branches of government with regard to policing and regulating marijuana use? What has caused the national “sea change” with regard to legalizing its use?
