What is the opportunitiy cost of having health insurance? What is the opportunity cost of not having health insurance?

Q: What acts are considered as a violations of the Intellectual Property Code?

A: Violations of protected innovation can be an enormous worry for a business because of the way that p...

Q: Why are the elements found in the I=P x A x T important in terms of impacting our environment? impa...

A: Whilst the equation may appear to be an oversimplification of the numerous issues that face our envi...

Q: Please explain in simple words the environmental management and responding to climate change and ene...

A: The present state of the environmental crisis is such that focussed, intended frameworks are much ne...

Q: Suppose the Hong Kong economy is under recession. How does it affect the opportunity cost of going t...

A: A recession is an economic situation where a country faces low demand, slow growth, and less develop...

Q: What are examples of works not protected by copyright?

A: Concept Copyright is a form of intellectual property that safeguards original works of authorship on...

Q: According Resolving Ethical issues: Since Amex does not own the Chinese factory, are they still acco...

A: Please find the answer below.

Q: 1. Why might revenues generated from the tax fall short of expectations?

A: 1. We all have desires and needs. However, current incomes may not be sufficient to meet all of the ...

Q: Bill and Mary sell ice-cream on the boardwalk in Atlantic City. They are competitors. There are two ...

A: Nash equilibrium is a situation in which each player chooses an optimal strategy, given the strategy...

Q: a) the U.S. Treasury b) the Federal Deposit Insurance Corporation (FDIC) c) a State insurance commis...

A: Insurance Regulatory and Development Authority of India (IRDAI), is a legal body framed under an Act...

Q: Which of the following is NOT a requirement in selecting a policy instrument?   Question 4 options:...

A: Policy instruments refer to a link between the formulation of policy and the implementation of polic...

Q: An investor has decided to commit no more than $80,000 to the purchase of the common stocks of two c...

A: The optimal price is the one that maximises the seller's overall profit. When a price is set too low...

Q: e. Which curve(s) could represent the change that would occur with a huge natural disaster that dest...

A: PPC shows the different combinations of production of two goods at a given level of resources and te...

Q: Bear Stearn case: In light of the collapse of the hedge funds, how serious were Bear’s credit proble...

A: Bear Stearn case: In light of the collapse of the hedge funds, how serious were Bear’s credit proble...

Q: An increase in the foreign interest rate causes the demand for domestic assets to ________ and the d...

A: When the value of a currency increases, the currency appreciates and can buy more goods in terms of ...

Q: Each of the seven governors of the Federal Reserve Board is appointed by the president and confirmed...

A: Federal reserve is the central banking system created in 1913 in U.S.A. The purpose for creating it ...

Q: 3. Suppose the following production function is given for a Solowian type of economy: Y = K°L- (a(2 ...

A: The production function of a business is the link between the inputs it consumes and the output it g...

Q: Why do we need microeconomic models? Using appropriate diagram(s), explain how changes in a factor t...

A: A microeconomic model describes the prices for a good in a particular market as a function of supply...

Q: Suppose that you are a bank with the following: $200 of capital, and  $2,000 of deposits. In this ec...

A: Given the capital = $200 Deposits = $2000 Reserve requirement = 7% Cash drain = 3%

Q: Explain why and how the compensated demand curve should technically be used to measure consumer surp...

A: The compensated demand curve is a demand curve that only considers the substitution effect of a pric...

Q: Briefly define the terms in 30 to 50 words each: 1: Stagflation, 2: Depression and 3: Recession

A: Business cycles are characterised as periods of economic expansion followed by periods of economic c...

Q: Each consumer has the following demand for annual visits to Planet Fitness: Q = 200 - P (or P = 200 ...

A: *Answer:  Step 1 Given:Q=200−P  MC=$10   In optimal two−part tariff, P=MC P=$200 Now, Q = 200−P Q...

Q: The presence of global food corporations like McDonald’s and KFC manifests that goods and services c...

A: The right for the Phillippines to include itself as a member of the WTO is justified. 

Q: What is the future value of an annuity of $10,800 invested every year for the next 11 years starting...

A: Here, P = $10,800 i = 0.096 n = 11 Now, Future Value of Annuity (FVA) is FVA=P x(1+i)n-1i       =10,...

Q: O Why the financial manager should maximize their wealth?

A: Profit maximization is a point where the marginal revenue(MR) is equal to marginal cost (MC) margina...

Q: Given the demand and supply functions, determine consumer's surplus under perfect competition: Pa = ...

A: "Consumer surplus indicates the difference between the maximum price which a consumer is willing to ...

Q: A commercial vehicle is purchased for an acquisition cost of $300,000. The operating and maintenance...

A: Economic life is the life of an asset till the time it can be used.  The EUAC of the defender is gre...

Q: Callum borrowed $45,200 from a bank at an interest rate of 9% compounded monthly. This loan is to be...

A: Principal=$45,200i=9% (compunded monthly)Number of installment=16Period=8 yearsInstallment paid=semi...

Q: Using the expenditure approach, compute the value of the GDP? Transfer Payments $54 Interest Income ...

A: GDP using expenditure approach: Household Consumption + Government Expenditure + Investment + Net Ex...

Q: "At the time of the Great Depression the Secretary of the Treasury Andrew Mellon was quoted as sayin...

A: depression, in economic matters, a significant slump in the business cycle portrayed by sharp and su...

Q: 2. Below is a tabular data of price and quantity demand and quantity supply for banana que. 10 40 20...

A: P 5 10 15 20 25 Qd 50 40 30 20 10 Qs 10 20 30 40 50 [a] To solve the demand and supply equati...

Q: 1.a) Which of the following hampers the growth of global economy? a) spread of capitalism around th...

A: 1. (a.)  Protectionism : The protectionism can be defined as the economic policy which restricts the...

Q: 1. What are the advantages and disadvantages of collusion?  Define Collusion 2. In a Stackelberg ga...

A: 1. Collusion Combinations, plans, or contracts among sellers to boost or fix prices and decrease out...

Q: An IOU agreement was made between two persons. For a face value of P100,000, it was agreed that the ...

A: Given the face value of bond = P100000 Time = 8 years Interest rate = 10.50% Redemption amount = 90%...

Q: Suppose a nation’s firms make heavy use of factors of production owned by residents of foreign count...

A: GDP refers to the money value of all final goods and services that are produced within the country d...

Q: be measured as an area} Surplus-public= 6. Assuming that individuals do not know each other marginal...

A: 5. Surplus-public=Society have a better services. 6. YES  

Q: Price ($/unit) Social Marginal Cost 40 Supply A 30 ....

A: The unregulated market operates at the intersection point of the demand and supply curve.  Hence, th...

Q: The president from which Federal Reserve Bank always has a vote in the Federal Open Market Committee...

A: Federal reserve Bank is the central bank of United States.

Q: Assume that we have a foxed supply of a depletable resource to allocate between two periods. Assume ...

A: Given information P=18-0.3q--- marginal willingness to pay Marginal cost=$5 Total supply of resource...

Q: The two most important functions of central banks are to:   Question 12 options:   a)  execute monet...

A: Central bank is referred as bankers bank. It helps commercial banks and the financial system at the ...

Q: January is choosing how much of pudding (measured on the horizontal axis) and how much of meat (meas...

A: There are two goods, i.e., pudding and meat. The price of the pudding is $1.25 per pound. The price ...

Q: Vegan food diets becoming more popular, more mainstream You've come a long way, vegan. Once mocked...

A: Market demand for a commodity can change as a result of a change in consumers income, their tastes a...

Q: 4. What type of industry is best described by the "pure" Bertrand model? By the Cournot model? By th...

A: Bertrand model portrays a cost rivalry between duopoly firms which brings about each charging the va...

Q: Galaxy, a multinational corporation, has two plants, one in the United States and the other in  Mexi...

A: Challenges of MNC(multinational companies) The MNC or international business operate in different co...

Q: Suppose that the unemployment rate is 5%, the total working age population IS 20 million. (Write you...

A: Unemployment rate = (Unemployed / Labor force) => 5% = (7.5 million / Labor force) => 0.05 = (...

Q: You are the manager of a bakery that produces and packages gourmet muffins, and you currently sell m...

A: The demand function expresses the demand changes due to chang in price and the inverse demand functi...

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

A:

Q: The time series line chart below shows the total return on a stock index fund over a certain time pe...

A: The graph above shows the changes in stock index during the time period from before 2017 to 2021.  A...

Q: -Question Completion Status: Market for Herring 15 So 8 Sworld + tariff Sworld Do 250 750 1670 3000 ...

A: A country becomes an importer when world price is less than domestic equilibrium price because quant...

Q: Let us de te Jonn s dally nours of nu his H. SuppoSe thất only source of income is wages for hours w...

A: John's working hours is denoted by H and leisure is denoted by N . The equation of work and leisure ...

Q: Mavis earns income in two periods, M1 and M2 and buys consumption goods in twd periods as well, C, a...

A: Given information U=u(C1)+u(C2)1+δ Utility is well behaved function lets take 11+δ=β Utility functio...