What is the maximum revenue based on this price and quantity? Column 1 Column 2 Column 3 Column 4 Quantity Price Marginal Revenue Change in R/Change in Q Revenue (Q×P) 0 25 0 0 2.5 20 20 50 5 15 10 75 7.5 10 0 75 10 5 -10 50 12.5 0 -20 0

Q: (International labor movements) Consider two countries, Home and Foreign. Both countries use two…

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A: Production function represents the technological relationship between input ( labour and capital )…

Q: QUESTION Consider the economy described in question 2. If the Fed prints $80 of additional currency…

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Q: Suppose the demand for good X is ln Qxd=21-0.8lnpx-1.6lnpy+6.2lnM+0.4lnAx. So, good X and Y are???…

A: lnQxd=21-0.8lnpx-1.6lnpy+6.2lnM+0.4lnA Where px = price of good x             py = price of good y…

Q: QUESTION 1. Consider a standard Heckscher-Ohlin model with two countries: Germany is…

A: When the available resources are out of balance, the Heckscher-Ohlin theorem explains quantitatively…

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A: Given  First cost of equipment P=819,000 Salavage value after 15 years F= P25,000 Life of equipment…

Q: What is standard of living? Explain one advantage and one disadvantage of using real GDP per capita…

A: Standard of living:-  A country's or nation's standard of living is a representation of the…

Q: The utility function is given by =X1' ’x25. For prices =3 and =6, what is the slope of the income…

A:

Q: When the Fed sells bonds to financial institutions, money moves directly O a) out of the hands of…

A: Bond means debt security.

Q: A businessman purchases a common stock worth P1,000 every year for a period of 10 years. At the…

A: A businessman purchases a common stock worth P1,000 every year for a period of 10 years. At the of…

Q: what is volatility in exchange rate ?

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Q: 1. Use the following information from a fictional economy: Consumption,C = 250 + 0.8 Yd Investment,…

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Q: 5.3 What is the slope (value) of Mrs. Bain budget line? 5.4 In theory, what is the slope (value) of…

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Q: The federal budget deficit has grown so quickly in the past 5-10 years because of a) increased…

A: Federal Budget Deficit is the excess of government spending over government receipts.

Q: A local company assembling stereo radio cassette produces 312 units per month at a cost of Php 800…

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Q: Examine the balance sheet for a bank below: Assets Liabilities Reserves 600 000 Demand Deposits 5…

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Q: QUESTION 7 Consider the following Taylor rule i=0.02+0.5y +0.5(x-2% ) where y is the percentage…

A: * SOLUTION :-  Given that ,  (7)

Q: The following data are given: Et = ¥ 105 = $1.00 Et+1 = ¥ 102 = $1.00 iU.S. = 13% If the interest…

A: PLEASE FIND THE ANSWER BELOW.   INTEREST RATE PARITY: Interest rate parity (IRP) is a theory…

Q: Rational expectations theory sees errors in predicting inflation as O a) beneficial. b) random. O)…

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Q: 1. Refer to the graph on page 2, assuming no budget constraint, which indifference curve the highest…

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A: BRIC countries are Brazil, Russia, India and China. These countries are emerging  economies.

Q: Mr. X is planning for her retired life. He has 10 more years of service. He would like to deposit…

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Q: Lukanga Water has been providing water services in the Central Province for more than 20 years.…

A: Profit maximising level of output for a firm is at the point where marginal revenue (MR) equals…

Q: An example of an expansionary fiscal policy is O a) eliminating certain deductions for taxes on…

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Q: Assume the demand for labor for each firm is expressed as L = N (# of employees) x HBAR(average…

A: Employees = 30 Average working hours = 6 per day for 180 person-hours Minimum 150 person-hours per…

Q: Irade Center? 2. Explain the economic significance of the changes in stock market prices illustrated…

A: Economic significance refers to the statistical significance and economic consequences of a decision…

Q: Use the following table to answer the next eight questions, where GDP = gross domestic product.…

A: Answer: Average yearly budget deficit=Budget deficit2011-Budget deficit200110 The average yearly…

Q: You are interested in analyzing how rent controls affect students' housing outcomes. You collect…

A: The linear regression model depicts the linear relationship between dependent and independent…

Q: 4. Consider a two-consumer, two-good exchange economy. Utility functions and endowments are u'(x1,…

A: Pareto efficiency that is also known as Pareto optimality, is a scenario in which no one person or…

Q: Fiscal policy includes decisions about a) taxes, government spending, and government borrowing. b)…

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Q: If the outcome in the market place is efficient then consumer surplus will be maximized. O goods and…

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Q: The principle of the multiplier states that:     any increase in aggregate spending that causes…

A: Multiplier: - it is a fraction that shows the magnitude of the change in national income due to a…

Q: identify the statement as True, False, or Uncertain, and explain your reasoning in detail.…

A: A central bank's quantitative tightening (QT) (or quantitative hardening) is a contractionary…

Q: pose that for every open-market operation in the amount of $1, money supply increases by $3, i.e.,…

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A: The cobb Douglas Production function states that The production function in the long run is:-…

Q: Given that fixed cost =230 and variable cost=12Q ; the total cost of producing 30 units of output…

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Q: QUESTIONS 1. What was the symbolic significance of a successful terrorist attack on the World Trade…

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Q: Law of diminishing return and its shape of the curve

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Q: Explain the four kinds of utility.

A: Utility is defined as the total satisfaction which is received by the consumer from the consumption…

Q: The payments that go into the trust fund for Social Security and Medicare come a) equally from…

A: The trust fund is a private legal arrangement where assets are held for benefiting the trust…

Q: If there is an increase in demand with no change in supply will that result in an immediate shortage…

A: The curve that depicts various quantities of goods and services at different levels of price is…

Q: 4. An individual has an object that is of no value to him. The individual wants to sell the object…

A: Answer - Second price Auction - Second price auction are the auction where the winner of the auction…

Q: 2(b)There are three people and two goods in an economy. The utility functions and the initial…

A: For Part a: We use that MRSxy = MUx/MUy For Part b: We calculate the utilities at the original…

Q: 10.)Suppose that Jacques, Julia, Cat, and Guy are potential suppliers of catering services for…

A: 10) Given Information, Suppose that Jacques, Julia, Cat, and Guy are potential suppliers of catering…

Q: QUESTION 1. Consider two countries: South Korea and New Zealand and two goods: Lamb and Air Pumps.…

A: Production means the goods and services produced in an economy. It means the raw material is…