Q: Write the professor Knight's view about the " Uncertainty Bearing" Theory of profits?
A: Answer: According to Prof. Knight's conceptual framework, the entrepreneur's specific function is t...
Q: Instructions: Modify values in the SETTINGS window of the interactive tool to answer the questions b...
A: * SOLUTION :- From the given information the answer is provided as below
Q: The endogeneity problem when estimating the effects of immigration on domestic wages is best describ...
A: The answer is - B The possibility that the specification of the wage equation neglects a relevant...
Q: Consider the Solow Model of a closed economy where the aggregated capital, K, the aggregated labour ...
A: Introduction Aggregate production function has given as Y = K2/3 L2/3 F(K, L) = K2/3 L2/3 F( K/L , 1...
Q: Trade between nations can be mutually beneficial if one country has a monopoly. an absolute advanta...
A: When two countries are involved in an international trade there are always gains from trade.
Q: M/c question - Micro 21)For a firm, what does the production function represent? A. the r...
A: 21) option c is the correct answer option-c quantity of inputs and quantity of output Explan...
Q: There are two students, each of whom can choose to plant flowers (F) or not to plant flowers (N). If...
A:
Q: Three voters vote over two candidates (A and B), and each voter has two pure strategies: vote for A ...
A: Given, There are Three Players : Voter 1, Voter 2 and Voter 3The three Voters vote for two candidat...
Q: More new brands of notebook computers are now available to consumers. Explain the effects on the mar...
A: The computers of new brands are substitutes for Dell Computers.
Q: 2. There are three student canteens serving different types of foods located at the campus. Table be...
A:
Q: In its 2021 Budget, the Canadian federal government estimated that for the fiscal year 2021-22, its ...
A: Large federal budget deficits are dangerous to the fiscal health of the Canadian federal government....
Q: D (p,q,m) = 10p-0.8q-0.5m1.1 %3D where p: price of good X,q: price of good Y (related good)and nd th...
A: Cross price elasticity of demand measures the percentage change in the quantity demand of good X due...
Q: When Sue graduated from college, she got a job with a starting salary of $30,000. When Sue's sister ...
A: Sue got a job with starting salary of $30,000 Jan got a job with starting salary of $36,000 after fi...
Q: 3. Briefly explain how a hike in fuel prices would affect your business costs, sales,competitiveness...
A: Cost refers to the total expense that is incurred in the production of a product in any firm. Cost i...
Q: 3. How much do you need to deposit today (P) to withdraw BD25,000 at n=1, BD3,000 at n= 2, and BD5,0...
A: Given amount to withdraw in year 1 = 25000 Year 2 = 3000 Year 4 = 5000 Interest rate = 10 %
Q: 1. If demand is equally elastic, and price increases from 5 to 7, what is the total change? If price...
A: In a market, the elasticity of demand has a significant impact on the total revenue of the firm when...
Q: 1) Draw a demand and supply graph for the market for Dell notebook computers
A: In the below graph, if the demand and the supply for the Dell Notebook computers are decided on the ...
Q: Federal Reserve & Open Market Operations If the Fed shifts to a more restrictive monetary policy, an...
A: The Federal Reserve is the Central authority of United States to make open market purchase or sale o...
Q: Which of the following phenomena are common sources of prisoners' dilemmas Select one or more: arms ...
A: Individual motivations are overcome in favour of the collective good in solutions to prisoner's dile...
Q: What does diminishing marginal product suggest? A. additional units of output become less costly a...
A: (13) The marginal product curve is inverted U shaped The marginal cost curve is U-shaped. ---------...
Q: What are ways the profit arises in the changeable/dynamic word ? Comment
A: Answer: As we know that Idleness is defined as the state of being unable to do anything productive. ...
Q: How do comparative advantage and absolute advantage differ? Absolute advantage means more can be ma...
A: International trade is the exchange of commodities and services among countries throughout the world...
Q: An electronics firm is planning to manutacture a new handheid gaming device tor the preteen market T...
A: The data given is:- The production time for 1000 units = 100 hours O&M cost per unit = 0.1 * 25...
Q: Select the incorrect statement/statements about the co−operative banks in US from the given choices,...
A: Answer: The correct option is: 1: Co –operative banks are small−sized units organized in the co−oper...
Q: 6. A transfer payment is a govermment payment A not made in exchange for a good or service. B. to co...
A: Note: We will answer the first question since the exact one wasn't specified. Please submit a new qu...
Q: Suppose a country currently has a total debt of $13 million. If its GDP in the current year is $7 mi...
A: Debt = 7% of 13 million = (7/100)*13000000 = 910000 Now we have to find out how much percent is 9100...
Q: 1. Emily recently graduated with a B.A. in economics and was offered a job with a small but growing ...
A: Given: Emily's earning is = $38,400 per year Emily inherited = $60,000 The interest per year = 5% He...
Q: Compute average annual growth rate (linear/simple) from the following time series data on production...
A:
Q: Explain potential conflict of interest in the operational structure of systematically important bank...
A: i) Conflict of interest In a conflict of interest, a person or organization has numerous interests r...
Q: 1. If demand is equally elastic, and price increases from 5 to 7, what is the total change? If price...
A: When comparing elasticity of demand, it can be said that inelastic demand is when coefficient of ela...
Q: Which of the following statements about the economy's aggregate demand curve is not correct? The int...
A: Aggregate demand is the total purchase of goods an services in the economy during an year. It is the...
Q: ) In 2021, Jay purchases a car for $22,000. The value of the car depreciates (exponentially decrease...
A: The above question is based on the calculation of Depreciation. Depreciation refers to the fall in t...
Q: Can we determine if point F is allocatively efficient? If so, is it allocatively efficient?
A: Allocational efficiency, also known as allocative efficiency, is a feature of a well-functioning mar...
Q: The demand for goods of an industry is given by the equation PQ = 100, where p stands for %3D price ...
A:
Q: Evaluate the following statement "a higher unemployment rate is always a bad indicator for the econo...
A: Employment means the working people get the job when they search for a job. It means the workers are...
Q: THE PRISONERS' DILEMMA: APPLICATIONS Which of the following phenomena are common mechanisms for sus...
A: A prisoner's dilemma is a situation in which individual decision-makers are always tempted to make c...
Q: A tariff on an imported good lowers the price in the domestic market and raises the price the domest...
A: here we find the given as follow;
Q: 4. Consider the following strategic environment involving a firm manager (Manager) and two workers (...
A: Given, One ManagerTwo Players : Worker 1 and Worker 2Both Workers have the same strategies : Work h...
Q: For the demand function x=D(p)=50-4p : (a) The elasticity is E(p)= (b) When p=5 , the elasticity E(5...
A:
Q: The optimal level of production for any company is the level of production that either maximizes pro...
A: Total cost (TC): - it is the sum of fixed and variable costs incurred in the production process. Tot...
Q: Show that the equation x + 2y- 3x +5 =0 represents a parabola. Find the focus, vertex, axis and dire...
A: Answer:
Q: Question 2 What do the findings of the World Economic Forum study show? O Reducing gender inequality...
A: The forum that engages business, political, and other social leaders for shaping regional, global, a...
Q: 15) The competitive firm's long-run supply curve is that portion of the marginal cost curve that lie...
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be answerin...
Q: Consider the Nash Bargaining game. There are 2 players who have to decide how to split one dollar. T...
A: A Bargaining Game is defined as a game where two or more players bargain on how to equally divide th...
Q: 2. There are three student canteens serving different types of foods located at the campus. Table be...
A: When per unit cost of production is decreasing known as Economies of scale. When it is minimum and ...
Q: The principle of Check and Balance in a Presidential Form of government seems to be a perfect arrang...
A: Checks and balances in the form of the government perfect arrangement among the 3 branches (executi...
Q: 1. Consider a consumer with utility u(x1,x2) = .5lnx1 + .5lnx2 (b) Now, consider an equivalent repr...
A: Given Utility function U=5lnX1+5lnX2 Equivalent utility function V=X15X25
Q: What can you say about Tax incidence in your country, who carries the burden more? Give examples and...
A: Taxes are unintended fees placed on individuals or companies and levied by a government agency – reg...
Q: You are an employee of a U.S. firm that produces personal computers in Thailand and then exports the...
A: According to question given, You work for a company in the United States that manufactures personal...
Q: If the demand of a company can be expressed as P = 750 - 2 Q^ 1.5, where Q is the quantity and P is ...
A: Given Demand of a company: P=750-2Q1.5 ... (1) Where Q represents the quantity and P repre...
Step by step
Solved in 2 steps
- What are the- most common ways for start-up firms to raise financial capital?A mortgage 105m is a loan that a person makes to purchase a house. Table 19.11 provides a list of the mortgage interest rate for several different years and the rate of inflation for each of those years. In which years would it have been better to be a person borrowing money from a bank to buy a home? In which years would it have been better to be a bank lending money?What happen to the demand in market of loanable funds when NCO>0 and NCO<0?
- Lista the factors that affect the supply side of the loanable funds market. which factors shifts the curve?Use the analysis for the market for loanable funds diagram to illustrate and explain how thefollowing government policy affect the economy’s saving and investment. Policy 1: Suppose the government changes the tax code, allowing individuals to reduce their taxable income if they save money in registered retirement savings plans (RRSPs). Your response should answer the following questions: a. State and explain which loanable funds curve would this policy affect? b. Which way would the loanable funds curve shift? c. What would be the impact on interest rates? Draw the loanable funds diagram to illustrate your answers for a to c.list the factors that affect the demand side of the loanable funds market. which factors shift the curve?
- Use the analysis for the market for loanable funds diagram to illustrate and explain how thefollowing government policy affect the economy’s saving and investment. Policy 1: Suppose thegovernment changes the tax code, allowing individuals to reduce their taxable income if they savemoney in registered retirement savings plans (RRSPs). Your response should answer the following questions:a. State and explain which loanable funds curve would this policy affect? b. Which way would the loanable funds curve shift? c. What would be the impact on interest rates? Draw the loanable funds diagram to illustrate your answers for a to c.In the Market for Loanable Funds, what was the result of "crowding out"? Lower interest rates, higher quantity of loanable funds available. O Higher interest rates, lower quantity of loanable funds available. O Higher interest rates, higher quantity of loanable funds available. O Lower interest rates, lower quantity of loanable funds available. 1036 20 1 T FM 300-E WE WEREDAL HOP 3 22 201 en 50203213277 nem materiale Antent in parte ed anchc. If the Federal Reserve sells government bonds, show what will happen to this graph. Explain the effects on interest rates and the quantity of loanable funds
- Suppose the government changes the tax code, allowing individuals to reduce their taxable income if they save money in registered retirement savings plans (RRSPs). Your response should answer the following questions: State and explain which loanable funds curve would this policy affect? Which way would the loanable funds curve shift? What would be the impact on interest rates? Draw the loanable funds diagram to illustrate your answers for a to c.The table below shows Demand and Supply for loanable fund at given time. Real interest rate Quantity of loanable fund demanded (billion $) Quantity of loanable fund supplied (billion $) 0.01 1000 400 0.02 950 450 0.03 900 500 0.04 850 550 0.05 800 600 0.06 750 650 0.07 700 700 0.08 650 750 0.09 600 800 0.10 550 850 0.11 500 900 0.12 450 950 0.13 400 1000 0.14 350 1050 0.15 300 1100 Instructions: Using excel, find the equilibrium real interest rate and quantity of loanable fund. show the equilibrium on a graph. If this country experiences a recession business cycle phase that decreases the demand for loanable fund by $200 billion. Find the new equilibrium real interest rate and quantity of loanable fund. Show the shift on the graph. list Two factors that shift SLF rightward and two factors that shift DLF rightward What is the meaning of crowding out?…
