What goods and services—and how much of each—will be produced?

Q: A man invests in a project that requires a fixed capital of P 2.5M with no salvage, and life of 12…

A: Payout can be defined as the financial returns that are anticipated from a particular investment or…

Q: Suppose that you put an invisible tracking device on your computer that will instantly lead police…

A: An externality may be a cost or benefit incurred or received by a producer that's not bought by that…

Q: Collusion means that: a. two monopolistically competitive firms agree to keep their price lower than…

A: There are different market structures, oligopoly, monopoly, monopolistic competition and perfect…

Q: The demand function of "İsot Capsicum Biber Komandit Şirketi" of Ceylanpınar is: p = 1000 e 2 q…

A:

Q: In a representative Real Business Cycle model, with capital stock in period t+1 defined by SK

A: Effective investment refers to the net addition to the capital stock of economy which is measured by…

Q: Suppose that labor is Becky's only variable cost and that she has a fixed cost of $30 per day and…

A: The factor of production (inputs) can be either fixed or variable in the short run.  Inputs are…

Q: A Project Manager for a construction company deposited $125,000 every 3 months into an investment…

A: Calculation of interest rate = (1.05-1)*100 = 2.47%

Q: 3 8. Let be the utility function U(x, y) = (xi + 2yi), , where x and y a are the quantities %3D…

A: Given information U=49X13 +2Y133 Consumer is consuming X and Y X=2 and Y=2

Q: Suppose a feed mill is looking at their total revenue. If they receive $36 per sack of horse feed…

A: There are two livestock one is cattle with $14 price per unit and another is Horse with $36 per…

Q: Find the demand equation using the given information. (Let x be the number of items.) A company…

A: Demand equation shows relationship between price and quantity demanded. It shows how much quantity…

Q: Robinson makes $200 a week and spends his entire income on running shoes and basketball shorts.…

A: As per given data, first We can analyse the optimal coñsumption pattern of Mr Robinson using budget…

Q: - Discuss the three pillars of the neoclassical economy. How are they linked? Describe in terms of…

A: The answer to both these questions is as follows:-

Q: According to Degree of Integration (Give the definition of each and Examples) Customs Union

A: International trade refers to the free movement of goods and services, jobs, capital, technology,…

Q: A company decides to purchase an industrial gas turbine which costs forty thousand. Additional costs…

A: Life cycle cost (LCC) is a methodology that surveys the complete cost of a resource over its life…

Q: A manufacturing company purchased a new equipment for ₱53,000 and paid ₱1,500 for freight and…

A:

Q: True or False. John agrees that “more money in the richest hands means money sitting in the bank…

A: More money in the richest hands means money sitting in the bank doing nothing. Let us understand the…

Q: Label each of the following as sunk cost, opportunity cost, or incremental costs and briefly explain…

A: The whole cost of producing a product may be included in a company's financial records as the cost…

Q: Suppose that society decided to reduce consumption and increase investment. How would this change…

A: Investment and Consumption: Every economy has a budget constraint.This budget can be utilized for…

Q: Explain the concept of supply curve? Show the relationship between the Short run supply curve and…

A:

Q: Analyze the following statements and categorize them into Determinants of Demand (DD) or…

A: "One of the determinant of demand is buyer's expectation in which based upon the future expectations…

Q: Richard Thaler gives three criticisms of the homo economicus model. The first of these is “SIFs.”,…

A: Traditional economics envisions a future filled by calculating, emotionless maximizers known as Homo…

Q: How do intellectual property protections differ between India and China?

A: Intellectual property is a sneak up word for a collection of intangible assets or non-physical…

Q: 20 hours japan can produce 70 bushels of com. in 14 hours, japan can produce 60 busheis of wheat…

A: Opportunity cost refers to the cost of best next foregone. Basically it is the cost of that thing…

Q: Say you wish to withdraw 10,000 pesos per year for 10 years starting next year. How much should you…

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Q: 43. Find the equivalent rate of interest of 9% compounded quarterly to an interest rate compounded…

A: Given interest rate = 9 % compounded quarterly Effective annual rate = (1 + rate)^time - 1 = (1 +…

Q: Difference between the Partial equilibrium Approach and the general equilibrium Approach? Show their…

A:

Q: Classify nach of the followng statements as postive or normative Statement Pesitive Normative Fims…

A: Positive economics describes and explains various economic phenomena or the "what is" scenario.…

Q: Imagine that in the year 2035, Japan’s economy shrinks significantly, causing a decrease in…

A: The AD/AS model illustrates the Keynesian model of the business cycle. It is possible to forecast…

Q: If in theory collusion is good for the members of a cartel, give at least three reasons why in…

A: Collusion refers to an illegal agreement between two rival firms to come together to disrupt the…

Q: 1. What is the value of ROR (i*) for the following equation? 0 = -20,000 + (29,000 - 21,000) (P/A,…

A: Let us convert above equation into formula based one -  0 = -20,000 + (80000)*1 -(1+i)-4i As , (P/A…

Q: ._______ The government spends more than it receives.

A: Taxes are unintended fees placed on individuals or companies and levied by a government agency –…

Q: What impact do the political systems of each country have on their efforts toward international…

A: When talking about international trade, it can be seen that the trade in international market is…

Q: Which of the following are signs of inflation? A.The price of a house in a high-demand market…

A: Inflation refers to a decline in the purchasing power of the currency of a country over given period…

Q: Suppose that real GDP was $2265 billion in 2018 and $2285 billion in 2019. Calculate the growth rate…

A: Given:GDP in 2018=$2265GDP in 2019=$2285

Q: The Employment Act, of 1955 is the main legislation on labour matters in Malaysia. The Employment…

A: The Employment Act, of 1955 of Malaysia is the main labour rights concerning law of Malaysia which…

Q: If you were a secondary employer confronted with a threatened product picket action at your retail…

A: Labor unions strive to achieve economic and social equality in the workplace for our…

Q: In a representative Real Business Cycle model, with capital stock in period t+1 defined by

A: Effective investment refers to the net addition to the capital stock of economy which is measured by…

Q: An untreated wooden pole that will last 10 years under a certain soil condition costs P 12,000. If a…

A: Return on Investment or ROI is defined as the measure of performance that is generally used for the…

Q: 1. You purchased a bond for $925. The bond has a face value of $1,000 and it pays a dividend once a…

A: Solution:- a)  a) Purchase price = $925 ; Sale Price = $850. Loss on bond buying then selling =…

Q: Provide at least five determinants of health at an economic perspective and provide a brief…

A: Below given five determinants of health at an economic perspective

Q: Suppose that government environmental agencies decide exactly how much of each kind of industrial…

A: An investor, trader etc makes a bid in order to purchase an asset or compete for a contract.The…

Q: Suppose Sarah and Julia both work at a bakery making bread and muffins. In an hour, Sarah can either…

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Q: Given the following information: Aggregate Demand function/equation: P = 1400 = 0.4Yr Aggregate…

A: Disclaimer :- As you posted multipart questions we are supposed to solve only the first 3 questions…

Q: discuss the true cost of transport, not only to operators but to society at large.

A: Transportation is the essence of any economy as without it an economy shall crumble, the reason…

Q: Question 3: Two roommates, Annabel and Brittany, are considering purchasing a coffee-table for their…

A: Introduction Two roommates, Annabel and Brittany are considering to purchase a coffee table for…

Q: Name and briefly explain (including examples where possible) the sources of International Law.

A: International Law helps in the promotion of justice,  peace and prosperity all around the world.

Q: Distinguish between legally required reserves and excess reserves.  b. Why don’t banks hold a 100…

A: Banks and other financial institutions must hold capital reserves, but regulators, creditors, or…

Q: Q)What is empowerment? How can the psychological components of empowerment be examined at the macro…

A: Empowerment: It can be defined as the upliftment of human resources, if either men or women are not…

Q: Insurance: An insurance company sells a l-year term life insurance policy to an 84-year-old man. The…

A: Given  Insurance premium =$1600 The probability that the 84-year old man will be alive 1 year later…

Q: 14. Audrey buys a piece of lot for P160,000 down payment and 12 deferred semi-annual payments of…

A: The entrance and outflow of cash and cash equivalents are referred to as cash flow. The cash flow of…

Production Possibility Analysis

The production possibility analysis comprises the production possibility frontier (PPF), or the production possibility curve (PPC) to evaluate a society or even an economy. The production possibility curve represents the cost that the society has to incur for choosing between two different commodities. It is assumed that an economy that operates at the highest production possibility curve is known to have a better standard of living which the society can achieve for producing the optimum level of output which it can produce given a specified number of factors of production or inputs or resources.