What is macro_economics

Q: Do this problem using excel solver. Africa controls 80% of the world's lithium refining, a material…

A: in Long run perfect comptition firm make normal profit whereas monopoly in long run make super…

Q: what market inefficiencies derive from monopolies and monopolistic competition?

A: The degree to which market prices accurately represent all relevant information that is currently…

Q: production function model in which firm output in a particular industry depends on the amount of…

A: Linear Regression refers to the statistical analysis that statisticians use to predict the value of…

Q: How is the opportunity cost of holding money determined? Question 18 options: by consumer income…

A: The opportunity cost of holding cash is the worth of the following best option in contrast to…

Q: The following graph shows an increase in short-run aggregate supply (SRAS) in a hypothetical…

A: "Aggregate supply depicts the total amount of commodities or output sold by producers in a country…

Q: The market for sweet potatoes consists of 1,200 identical firms. Each firm has a short-run total…

A: SRTC denotes short-run total cost.  SRTVC denotes short-run total variable cost.  SRAVC denotes…

Q: If the fictitious country of Islandia puts all of its production resources into fish, it can produce…

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

Q: Question 12 Questions 10-15: The figure below shows the production possibility curve (PPC) of…

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

Q: True or False? Explain. In economics, "inferior good" is the name for a good which is high quality…

A: Here I am solving only 1st question please post remaining part separately because all are different…

Q: What is another term for prime ministerial government? Select one: a. court government b. ad hoc…

A: For a government led by the prime minister, use a different phrase. In this system of government,…

Q: The following table shows prices and quantities in the hypothetical economy of Lowlands for two…

A: Here, the given table provides information about the price and output produced in a two-time economy…

Q: CASE 3. Burger Doodle The manager of a Burger Doodle franchise wants to determine how many sausage…

A: Data of resources Flour 16 pounds labour 6 hours sausage 30 ham 30 flour 16…

Q: are unfair labor practices? Who determines what behavior is unfair? What can management do these…

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

Q: Suppose the production function is q = 6L0.60K0.90. Determine the long-run capital- to-labor ratio…

A: At optimum where production is maximised, marginal rate of technical substitution equals price ratio…

Q: The seasonally adjusted data below depict the performance of the U.S. economy in four quarters of…

A: real gdp is calculated at base price level whereas nominal gdp is calculate dat current year price…

Q: Mark can work up to 80 hours each week at a pre-tax hourly wage of $20 but faces a constant 20…

A: The budget line is downward sloping, indicating a tradeoff between income earned and the amount of…

Q: 2. 90,000 is the population in city XYZ. Out of that, 60,000 are in labor force and employed peoples…

A: When certain workers are unable to find employment in the market despite actively seeking it at the…

Q: Question 1 A. Jamaica Biscuit Company produces 8000 cases of water crackers weekly. Based on the…

A: We use the following formulas: Total Cost = Total Fixed Cost + Total Variable Cost Total Revenue =…

Q: Which of the following statements about sending foreign aid to low-income countries is TRUE?…

A: The major method for providing aid to impoverished nations experiencing conflict, food shortages,…

Q: For a perfectly competitive firm, Group of answer choices the marginal revenue curve and the demand…

A: The aggregate quantity of buyers and sellers in the area or region under consideration is referred…

Q: 18-19. When Ed (elasticity of demand) is greater than Es (elasticity of supply), more tax incidence…

A: The split of a tax obligation between buyers and sellers is referred to in economics as a tax…

Q: Suppose the Federal Reserve decided to purchase $50 billion worth of government securities in the…

A: Open Market Operation:-  Open market operations are the offering and buying of government bonds and…

Q: Use the following table to calculate the price elasticity of supply for computers Use the following…

A: Elasticity is a term used in economics to describe how the quantity required or provided changes as…

Q: Exhibit: Demand and Price Elasticity 2 Price 58 s price inelastic is price elastic has a slope of 1.…

A:

Q: You have been offered a unique investment opportunity. If you invest $10,800 today, you will receive…

A: Net present value, or NPV, is used to calculate the current total value of a future stream of…

Q: u₁(x11, X12) = X11X12, W₁ = (8,16) U₂(X21,x22) = X21x22 W₂ = (8,16) Individual 1's consumption in a…

A: Given  u1(x11,x12)=x11x12          .... (1) utility function for the second individual: u2=x21x22…

Q: uppose A firm uses labour, L and capital K, to produce a single product, X. capital is fixed but…

A: When MC = AVC, we know that MP = AP MP = dX/dL = - 0.6L2 + 36L + 1620 AP = X/L = - 0.2L2 + 18L +…

Q: 13. Compute the Price Elasticity of Demand for Good Y: 14. Interpret the computed Price Elasticity…

A: Price elasticity of demand measures how much a good's consumption changes in response to price…

Q: The table below lists hypothetical CPI and wage values for the United States from different decades.…

A: Real wage is the wage adjusted for inflation. CPI accounts for changes in cost of market basket of…

Q: nputers is -.90, and the elasticity of computers for both purposes is 1. er-unit tax of $200 is…

A: A deadweight loss is an expense for society made by market shortcoming, which happens when market…

Q: Suppose the untaxed market equilibrium pr and quantity in the home computer market are $850 and 10…

A: A deadweight loss means misfortune in economic effectiveness because of the disequilibrium of the…

Q: Exhibit: Demand and Price Elasticity 2 Price 58 is price inelastic s price elastic has a slope of…

A:

Q: Economic growth typically results in rising standards of living and prosperity. However,  it also…

A: The model's dependent variables are regulations like approachable and inaccessible locations,…

Q: 57. Behavioral economics suggests that incentivizing people to save more of their income: A) entails…

A: Answer :-     Option (E) is correct :-  A & B only

Q: Amanitaching engineered to compare two equcment and use the most economic one using analysis The…

A: Benefit Cost Ratio refers to the ratio of the present value of all the benefits and the present…

Q: 1a. Describe a personal experience of when you purchased a product or service whereby you feel you…

A: We can consider an example:  Suppose that we are trying to get a flat on rent at a particular…

Q: With the coronavirus vaccine, your decision to get vaccinated provides not just a benefit to…

A: The direct benefit of getting vaccinated against COVID 19 is protecting us from diseases. Secondly,…

Q: G2

A: Effective annual rate (EAR) = [1 + (r / m)]m - 1, where r: Stated annual nominal rate and m: Number…

Q: Production producing at a point is efficient if the economy is a. on the production possibilities…

A: Answer: Efficient production level: all the combinations of two goods that lie on the production…

Q: b. Over the last 10 years, price of new models of smart Phones increased by 25%. At the same time,…

A: As per the law of demand, ceteris paribus, there is an inverse relationship between the price of the…

Q: 3. Why is corruption is such a pervasive problem in many developing countries?

A:

Q: Restrictive practices are characterized as... Group of answer choices Practices that prevent firms…

A: Restrictive Practices as the name suggests refrain the associated party to do a task or refrain it…

Q: live quantity of flowers is computed as (Q,+Q)/(Q+Q), while the relative price med P,/P places an…

A: Equilibrium is the point in which market supply and demand equate each other, and as a result prices…

Q: . Suppose the untaxed market equilibrium price and quantity in the home computer market are $850 and…

A: Elasticity refers to a term used in economics to describe how one economic variable reacts to…

Q: Question 2 (CLO2: C3) The following table shows the national income data for an economy in year…

A: The total factor income received by country's residents throughout an accounting year, including…

Q: Multiple Choice 15. 10

A: The marginal utility of the third unit of X

Q: 22. Monopolistic competitive firms are productively inefficient because production occurs where: A)…

A: In monopolistic competitive market there are large number of firms selling differentiated goods.

Q: Your financial adviser recommends buying a 10-year bond with a face value of $1,000 and an annual…

A: We have  Face value of the coupon bond FV =$1000 annual coupon payment (C) =$55 Year of maturity (n)…

Q: The table below shows six years of hypothetical CPI values for the United States. Using the…

A: Answer: Inflation rate: inflation rate tells the growth rate of the general price level over a…

Q: Jack is a discus thrower and hopes to make it to the Olympics some day. He has researched the…

A: A line of best fit is a straight line that is the best estimate of the given arrangement of…