What is Determinants of supply?

Q: A large chocolate production facility is having trouble disposing of the tons of cocoa bean shells t...

A: A major chocolate factory is having problems getting rid of the tonnes of cocoa bean shells it produ...

Q: 2. A loan of $25,000 was repaid at the end of 9 months with $28,500. What annual rate of interest wa...

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

Q: Instructions: Enter your answer as a whole number. If you are entering a negative number include a m...

A: The aggregate supply is the total amount of services and commodities that firms in an economic plan ...

Q: M/c question - Micro 29) What is a characteristic of a perfectly competitive market?  A. Goods off...

A: (Since you have asked many questions, we will solve the first one for you. If you want any specific ...

Q: Consider the two-player game depicted below y z A f1,5 2,2 0,4 3,1] в 3,0 4,1 2,5 4,2 с 1,3 2,6 5,2 ...

A: The perfectly competitive market refers to the market in which there are many firms that sell the ho...

Q: The demand for goods of an industry is given by the equation PQ = 100, where p stands for %3D price ...

A:

Q: What might be the consequences If congress were to cut individual income tax rates in half ?

A: Tax cut proponents argue that lowering taxes boosts spending, which helps the economy. Those who opp...

Q: Consider the two period consumption savings problem faced by an individual whose utility is defined ...

A: For the above question let us firstly derive the lifetime budget constraint : In period 1 : Budget C...

Q: If there is an increase in productivity or an increase in the demand for the final product, what is ...

A: Labour demand curve is downward sloping and it shows the relationship between wage rate and the quan...

Q: 3. ( are vertically differentiated. ) If for equal prices consumers do not agree on which product is...

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

Q: What can you say about Tax incidence in our country, who carries the burden more? Give examples and ...

A: Tax incidence The economic cost of a tax is distributed among those who are impacted by it, which is...

Q: 7. ( equilibrium which allows them to relax price competition. ) In markets in which products can be...

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

Q: An investment of P 250,000 can be made in a project that will produce a uniform annual revenue of P ...

A: Given that, First cost =P 250,000 Operation and maintenance=P 72,000 per year Taxes and insurance wi...

Q: A firms production function is Q (L) = 15L2 - 0.1L3 = where output (Q) is a function of a single in...

A: (i) Total Product=Output=15L2 - 0.1L3 FOC: Maximizing TP : Differentiating TP function wrt L and equ...

Q: Compare and contrast the Bretton Woods system's assumptions with the Washington consensus.

A: Bretton woods system: If we consider the monetary system on the international level then the Bretton...

Q: Corn is a very valuable product for which the U.S. government routinely offers subsidies. With no pr...

A: The data given is as follows:- Equilibrium price of corn = $300 Equilibrium quantity of corn = 500 m...

Q: income and the price of smartphones have influence on the demand for tablet computers, the leftward ...

A: 1. To some extent economics is about trade-offs. TRUE Economics is about trade offs only. The study ...

Q: 5. If the marginal revenue function for a manufactures product is 6. +5 ; find the demand function. ...

A: Given: The marginal revenue function is: MR = 6Q + 22 + 5 To Find: The demand function:

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: 35) What is the firm’s efficient scale?  A. the quantity of output that minimizes average total cos...

A: (35)  A firm's efficient scale implies the production of output such that it minimizes the average t...

Q: consumer is faced with the following utility function, U(x1 x2)=(xp1 1+xp2)1/p, where 0<p<1. The con...

A: According to classical demand theory , optimal consumption point is achieved where the slope of indi...

Q: Methods of Economy Studies  An investment of P 250,000 can be made in a project that will produce a...

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first three question for you ...

Q: what is the best example of negative integration and positive integration?

A: Economic integration:-  Economic integration is a treaty among nations that typically means the elim...

Q: The price of long-distance telephone service fell from 40 cents per minute in 1996 to 22 cents per m...

A: The data given is:- Nominal price in 1996 = 40 cents   Nominal price in 1999 = 22 cents  

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: The majority of the countries have saving rates that are below the golden rule level. Why is it diff...

A: The per capita capital is the ratio of total capital to output. It means the rise in output results ...

Q: 2 Imperfect competition (2022) Two companies, Thomas Inc and Edison Inc, are the only producers of e...

A: Introduction Here are the two companies: Thomas Inc. and Edition Inc. Demand of electrical vehicles ...

Q: 4A. Construct a labor market with perfectly inelastic demand that is kinked at wage w*. 4B. Constru...

A: In the labor market, demand curve is downward sloping and supply curve is upward sloping, based on t...

Q: discuss

A: *Answer:  Privatization describes the process by which a piece of property or business goes from bei...

Q: What are the Fundamental Problems Facing an Economy in any nation or society? Need five strong 5 poi...

A: Answer: We can deduce the following essential challenges that the economy must address from the defi...

Q: What are the scale and substitution effects for this firm? Calculate them, and show them on a graph.

A:

Q: React to the statement below: “The glory of globalization could also be its downfall.”

A: Globalization refers to the process of integration of the economies of world. This integration invol...

Q: 13. Rashad and Brianna decide to go on a vacation. As a result, they withdraw $5,000 from their savi...

A: "M1 is a measure of money stock which includes currency, coins held by the non-bank public, traveler...

Q: (Optional) Construct the payoff matrix for your that satisfies the following requirements. First, e=...

A: Given information 2 players Each player has 3 strategy There should not be saddle point solution    

Q: Suppose a monopoly sells its goods in two different markets with demand curves Q1 = 150 – PĮ and Q2 ...

A: The long-run is a period in which the inputs remain variable except labor. It means the inputs remai...

Q: We estimate the following regression: y = Bo + B1¤1 + B2x2 + B3r3 + B44 +u using a sample of 85 obse...

A: We have given a regression equation in which 4 independent variables.  Sample size =85 SSE ( Estimat...

Q: Two countries are producing two goods: one perfectly tradable t, the other non-tradable nt. For each...

A: Given information: Country 1:  Good t:  Yt1= At1Lt1                Yt1= 1Lt1      The marginal produ...

Q: ABC Corporation manufactures a certain product that sells for P5,000 each. The company’s maximum pro...

A: Given  Price of the product P=5000 per unit. Production capacity =360 units per year Currently produ...

Q: $/4 MC 6.70 6.00 ATC 4.90 4.00 AVC d = MR 2.80 2.60

A: A price taker firm produces at the intersection point of demand and MC curve in the short-run in ord...

Q: Jacob manages a cloth manufacturing firm. He is deciding whether or not to invest in new machinery. ...

A: Net Present Value is the present value of all future cash flows of any investment. It is given by th...

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: Accordingtothetextbook,whichofthefollowingstatementsis(are)correct? (x)  An advantage of a consumpt...

A: A consumption tax is a taxing system in which people are charged on how much people consume rather t...

Q: Identify and describe a distinction between the monetary policy tools of the Fed and those of the Eu...

A: Despite the Great Recession's initial perception as a US crisis, the Eurozone was involved from the ...

Q: Which best describes producer surplus? O a. The profits made by a firm O b. The difference between t...

A: "As per the guidelines answer is provide to the first question":  "Producer surplus indicates the di...

Q: 1. If demand is equally elastic, and price increases from 5 to 7, what is the total change? If price...

A: A change in price would increase the total revenue or decrease the total revenue depends on the pric...

Q: In its 2021 Budget, the Canadian federal government estimated that for the fiscal year 2021-22, its ...

A: In the fiscal year 2021-22 canadian deficit would be less than half of what it was in the fiscal yea...

Q: An individual has a vNM utility function over money of u(x) Vx, where x is final wealth. She current...

A: The utility function is a fundamental economic concept that measures preferences for a variety of go...

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: The smartphone producer controls the privacy settings on the smartphone. The smartphone producer cho...

A: Since the question you have posted consists of multiple parts, we will answer the first two parts fo...

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...