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A: A production possibility frontier (PPF) shows the maximum possible output combinations of two goods ...
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A: Since the question you have posted consists of multiple parts, we will answer the first two parts fo...
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A: The demand functions for a truckload of firewood: College students: Qc= 400-p Rewriting the demand f...
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A: Given that, Total fixed cost (TFC) = $1,000 Marginal cost (MC) = $700 1)Total fixed cost remains con...
Q: the demand (D), marginal revenue (MR), and marginal cost (MC) curves for the monopoly firm. Place th...
A: A monopoly firm produces at the intersection point of MR and MC curve. The output corresponding to...
Q: 52. When - we know that the firms are earning just normal profits. A. O AC = AR В. О МС %3DMR С. О М...
A: The average revenue is the amount of revenue earned per unit of output and the average cost is the c...
Q: ecause banks tend to hold fractional reserve ratios, what can we conclude? O a. Bank run may be poss...
A: Under the fractional reserve system, banks keep certain part of the deposit as cash or reserve and l...
Q: Refer to the figure at right. An increase in production from q, to q, A. is more costly in the short...
A: In the short run at least one input is fixed and in long run all inputs are variable.
Q: a. If the Russia-Ukraine war continues, discuss the impact on European natural gas price with possib...
A: Note: We will answer the first question since the exact one was not specified. Please submit a new q...
Q: Cost, revenuo, Ciq) profit (dollars por yar) Rig Output (units per year) Cost, revenue, profit (doll...
A: Profit refers to total revenue after subtracting total cost from it Profit = total revenue- total co...
Q: Susan has the option to purchase eyeglasses, E, $3 each, and orange juice,O, $1 each. Her income is ...
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...
Q: Suppose Cody has utility function U (x, y) = a/¤ + ß/ỹ over goods x and y, where a 2 and B = 2. a) I...
A: The utility function for Cody is, U(x,y)=2x+2y Given the prices and income we find the optimal bundl...
Q: A profit-maximizing monopolist finds that if it remains open, the best output is 50 a week but at th...
A: The profit maximizing monopolist will produce output at point where MR = MC and charge price with re...
Q: The following utility function indicates homothetic preferences: U (x, y) = In(x) + 3 ln(y) + 2
A: A utility function indicates homothetic preferences when MRS depends on the ratio of two goods. For...
Q: ace, given that the marginal private benefit (MB) of the 30th degree is equal to the margina at is c...
A: *Answer:
Q: Which of the following statements is (are) CORRECT? a. The higher the cash withdrawals by customers,...
A: The answer is - d. All of the answers are correct.
Q: B. Which one of the following is the task of the Planning Commission? Drenaration of tbe plan
A: To find : Which is task of planning commission.
Q: 9-3. Tyson Brothers Manufacturing is currently earning economic profit. However, the market for the ...
A: The perfectly competitive market refers to the market where the price is equal to the marginal cost,...
Q: MUA =z = 30 - 4x MUB = z = 20 - 5y, where z is marginal utility per dollar measured in utils, x is t...
A: Given that, MUA = z = 30-4x MUB = z=20-5y Consumer income =$7 Budget constraints ; x+y = 7 At equili...
Q: 39. At the point of satiety, marginal utility is A. O Zero B. O Positive C. O Maximum D. O Negative
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Q: If the Bank of Canada sells Government of Canada Bonds in the open market, what will happen? O a. Th...
A: The central bank conducts open market operations (i.e., buying and selling of government bonds) in o...
Q: If I had an institution such as a college that holds the monopoly for providing meals on campus and ...
A: Here, it is given that an individual has a monopoly to provide meals on college campus and this mono...
Q: If the marginal (additional) opportunity cost is a constant then the PPC would be
A: To find : What would be PPC.
Q: Given that the revenue function, R (x) = 26x - 2x and the cost function, C(x) = 6x + 20. Find %3D (i...
A: Revenue Function : R(x)=26x-x2 Cost Function : C(x)=x+20 (i) Profit function : P(x)=R(x)-C(x) P(x)...
Q: Consider the following data on prices and production values. The average houschold spend 60% of thei...
A: We will answer the first question since the exact one was not specified. Please submit a new questio...
Q: 1. Assume that Jamaica's economy is described as follows: • Full Employment Output Y = 2,000 • Gover...
A: Classical model of IS-LM assumes that price is fully flexible and output remains at full employment
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A: A cartel is a formal agreement between companies in an oligopolistic industry. Cartel members may ag...
Q: If country A has a Gini Index score of 0.55, and country B has a Gini Index score of 0.32, then Coun...
A: Inequality depends on how income is distributed among the population.
Q: Explain why the FOMC is expected to increase its target overnight interest rate.
A:
Q: In Econland, current money supply is 1,000, the price level is 3, and real output is 600. Real GDP g...
A: Quantity theory of money says that there is positive and proportional relationship between quantity ...
Q: Voters in California are able to vote on propositions to create their own laws and through this proc...
A: In the California, it can be seen that voters can vote on propositions so that they can create their...
Q: Suppose the rate of economic growth in Sealand was 5%, capital growth 6%, and labor growth 3%. If la...
A: Let's assume there is a cobb-Douglas production function: Y = AKaL1-a Where Y is output A is product...
Q: A group of two or more political parties that governs by sharing executive power and responsibilitie...
A: Mercantilism helps to move goods from the country which has abundance to the country which has scarc...
Q: The money stock does not include demand deposits bank notes and coins O gold held by households trav...
A: Money stock is the monetary base. Money is used to buy goods and services.
Q: The transaction demand for money is positively related to O a. Interest rates O b. Income O c. Forei...
A: The transaction demand for money is negatively correlated with interest rate. Higher the interes...
Q: An externality arises when one economic agent's actions affect the welfare of others in ways that ar...
A: The indirect benefit or cost being caused to third parties mainly arising due to the effect of activ...
Q: The deposit rate that the Bank of Canada pays to commercials banks is a to such banks because O a. L...
A: The deposit rate of Bank of Canada is the rate that the Central Bank pays to the commercial banks wh...
Q: A profit-maximizing monopolist finds that if it remains open, the best output is 50 a week, but at t...
A: The profit maximizing monopolist will produce output at point where MR = MC and charge price with re...
Q: Suppose the evening news anchor announces that "The Bank of Canada Raises the Target Overnight Rate ...
A: Target overnight rate is the interest rate at which banks borrow and lend from one another in the ma...
Q: Adam Smith is the thinker who is considered the founder of communism. Group of answer choices True...
A: Communist economy: - it is that economic system where the major portion of resources in an economy i...
Q: How can a central bank decrease the money supply? O a. By selling securities O b. All of the answers...
A: Money supply Money supply basically refers to the total amount/volume of money that people helds at ...
Q: Consider the demand function D(p) = 99.0 - 4.0p. When the price changes from p1 = 4.0 to p2 = 8.0, w...
A: Consumer surplus refers to the area above the price and below the demand curve. It is the difference...
Q: hat other alternatives do depositors have to bank deposits and how could that affect the bank’s abil...
A: Money is placed in banking institutions for safekeeping and is referred to as a bank deposit. Deposi...
Q: a. Write a rule for the amount she would receive (revenue), R dollars, from selling s stockings and ...
A: Given is the information : =>Cost of making and delivering 3 stockings =$125 => Cost of maki...
Q: 2. Allwhite Company sells its single product for P30 per unit. The contribution margin ratio is 45%,...
A: Total Revenue refers to the total amount of money that the producer or seller receives for selling a...
Q: 1. Given the demand function: Qd = 50- 4P, a Construct a demand schedule for the following prices: 1...
A: Demand refers to the quantity of the commodity which the consumers purchase at different prices duri...
Q: 2. Sort these events and consequences into pairs. Match the free market transaction with the externa...
A: Externalities means positive or negative impact on third person due to economic activities done by a...
Q: For the nation of Problem 1: (a) Determine the dollar value of the consumer surplus before and after...
A: In this question, we will be calculating the: Consumer SurplusProducer SurplusDeadweight Loss
Q: 9-3. Tyson Brothers Manufacturing is currently earning economic profit. However, the market for the ...
A:
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- de-regulation and privatisation improve the efficiency of public sector activity. do you agree with this statement? why or why not?What is the difference between government regulation and government intervention in the market?Question 1 What are the conditions of protection of Industrial Design? Why should an inventor register his Industrial Design immediately?
- In terms of the four major theories of the social responsibility of business. which one of the theories you most enthusiastically support, and why. Do you think the government should regulate social responsibility in business?Explain reasons in support of the Canadian Government acting as the ‘guardian of business’ and providing grocery retailers with a tax credit to help stores implement climate-friendly refrigeration and other sustainable equipment and lighting?In an economy the government regulation is necessary . Explain the statement and justify at which limits this statement is true
- Recently, Bangladesh University of Engineering and Technology (BUET), mHealth Lab developed a low cost ventilator to help during the ongoing COVID-19 pandemic. Read the following published news " https://mhealth.buet.ac.bd/oxyjet/ ". Then ans the questions. Question : (a) Identify possible intangible assets or intellectual properties that may have resulted from the above invention.(b) What Intellectual Property( protection(s) should the Lab seek for? (c) Why? Explain for each protection type.share your thought about the future of regulatory and market driven approaches to contain costs and current trends.present information related to one (1) of the different types of government regulation
- Contrast the public interest and interest group theories of regulation with respect to a. The role of the regulatory body b. Their implications for the amount of the regulated commodity or service (here, information) to be supplied.Q2. Why is it important for companies to implement good internal control? What are the principles of internal control? Explain your answer.Environmental regulation was discussed for cases in which the market is unable to price risk correctly. In those cases, regulatory agencies are often tasked with evaluating risk and with administrating any regulations imposed. What does Public Choice Theory suggest might be the outcome of these bureaucratic processes in terms of the optimal level of regulation? Why?