What is the rationale behind the labour legislation framework?

Q: Suppose that there is an autonomous increase in investment spending of $20 billion and the MPC is…

A: Marginal propensity to consume is the change in consumption spending with change in disposable…

Q: Explain the key factors contributing to increased global trade.

A: Global trade refers to the trade of goods and services taking place between different countries of…

Q: Which of the following equations does not represent a plausible production function? A) B) F(K,L) =…

A: Production function depicts the functional relationship between inputs (K and L) and output (Q) The…

Q: Question 4 Given the isocosts and isoquants of various quantities of labor and capital in the ficure…

A: Isoquant  shows different combinations of two inputs  for a given level of output to be produced,…

Q: Piketty (2014) argues that a fall in the growth rate of the economy is likely to lead to an increase…

A: * ANSWER :-    From the given information the answer is provided as below ,

Q: 3. Consider one of the many bakeries that serves a local community. Each bakery produces a slightly…

A:

Q: Which of the following explains "market failure" (or non-via O a. consumption-smoothing. O b. moral…

A: Hi! thanks for the question since you have asked the 10th question so I am answering that only.

Q: In the Neo-Classical macro model, a decrease in the money supply will O Decrease the price level,…

A: Answer is given below

Q: The J. Godfrey, Capital account has a credit balance of $19,000 before closing entries are made. If…

A: capital refers to the resources invested in the business. Capital accounts have a normal credit…

Q: Microsoft selling Excel and Word together while allowing customers to buy the two products…

A: There two products by a single firm and firm can sell them together or separately.

Q: Angie Mae has just finished recording her latest CD. Her record company's marketing department…

A: Marginal revenue is the revenue that the distributer procures when it distributes another unit of…

Q: Market demand is: P = 80-Q The monopolist's total cost is: TC = 50Q a. Write the marginal revenue…

A: Optimal output is produced where MR=MC.

Q: When investors worldwide become more willing to substitute their domestic assets for US assets…

A: In the international market, the value of a currency depends upon its demand and supply and the…

Q: Firm 1 and Firm 2 are in a duopoly, earning each annual profits of £10 million per year. Firm 1…

A: Firm 1 and Firm 2 are in a duopoly, earning an annual profit of £10 million per year. Firm 1 could…

Q: Hospital has the following treatment options to reduce the incidence of Ventilator-Associated…

A: Hospital has the following treatment options to reduce the incidence of Ventilator-Associated…

Q: ugnt payment of P 120,000 cash and proposed to pay the balance in equal hly payments for 2 years,…

A: Car price = P650,000 Down payment = P120,000 Loan amount (PV) = 650,000-120,000 = P530,000 Time = 2…

Q: Question 2 Suppose Ford company issues a bond in which they'll need to pay $10,000 in one year, that…

A: An interest rate refers to the quantity charged by a lender to a borrower for any shape of debt. It…

Q: All of the following are examples of savings vehicles EXCEPT Savings account Money Market Account…

A: Individuals receive income for various services provided by them in the production of goods and…

Q: 3. Assume for simplicity that a monopolist has no costs of production and faces a demand curve given…

A: Market demand function  Q=150-P And cost of production is zero

Q: . Refer to the expanded table below from review question 8. LO3.4 a. What is the equilibrium price?…

A: Equilibrium occurs at the intersection point of the demand and supply curve.  i.e., At equilibrium,…

Q: 1. a) Construct the AD-AS model showing AD, short run AS and long run AS intersecting at the…

A:

Q: True or False: When any firm charges a higher price, fewer of its goods are sold. a. True b. False

A: According to law if demand, there is inverse relationship between price and quantity demanded . But…

Q: How do changes in interest rate affect expected consumption? Interprete the effect of interest rate…

A: Precautionary Savings: This is a part of saving that is saved for consumption or use at a time of…

Q: Which of the following statements about the supply of reserves in the reserve market is​ true?

A: Reserve in economics is defined as the amount of money that is in hand, i.e. which can be used for…

Q: Consider the three functions of money discussed in class: medium of exchange, unit of account, and…

A: A medium of exchange is an intermediate tool or system that allows two parties to sell, buy, or…

Q: Identify and explain the main factors that determine long-run economic growth. How do they relate to…

A: So here are the answer that the economic development is fueled by three basic factors.

Q: 1) Explain what factors cause shifts of the aggregate demand curve in the open economy model.

A: The amount of products and services demanded by all customers in a given economy over a given time…

Q: Mike's expected utility. (b) What is the maximum amount that Mike is willing to pay for auto insurar…

A: The expected utility theory is a famous idea in financial aspects that fills in as a kind of…

Q: How open market operations check the inflation? Please explain briefly ( 200 words)

A: Open market operation is monetary policy which is used by reserve banks for regulating the inflation…

Q: 4. Bankers have a reputation for conservatism in politics, dress, and busihess rationale for this…

A: Indeed it is rational. The checking deposit that given by the bank is the best illustration of the…

Q: Two car producers, Firm A operates in Country A and Firm B operates in Country B, are considering…

A: We have two players with ecah player has same actions of produce and don't produce.

Q: In Minsky's theory, all other things being equal, greater measures of leverage in investment result…

A: Keynes' investment theory of the cycle, according to Minsky, is incomplete because it does not…

Q: A farmer produces three types of crops A, B and C on his land. A covers 50% of the land, B 30 % and…

A: In this situation, a farmer produces three types of crops A, B and C on his land. A covers 50% of…

Q: For many decades, the Royal Mail had a legal monopoly in the U.K. Companies in the postal business…

A: The Royal Mail’s minimum average cost is £2 at 100 million deliveries  The minimum marginal cost is…

Q: Television Viewing A study of 415 randomly selected kindergarten students showed that they have seen…

A: It is given in the question that, The mean (X-) is equal to 5000. Sample size (n) is equal to 415.…

Q: A machine has an initial cost of P50,000 and a salvage value of P10,000 after 10 years. What is the…

A: Given; Initial cost of machine= P50000 Salvage value= P10000 Life= 10 years

Q: We know that lobbyists can influence campaigns, elections, and public policy.  A good definition of…

A: Government decision: It refers to the actions taken by the government on the basis of various…

Q: Determine the present equivalent value (PW) of the following cash flow when the annual interest rate…

A: We have  We have to find a present worth PW

Q: the demand which is not affected by the price changes is called ? derived demand inelastic demand…

A: Demand curve shows an inverse relationship between price and quantity demanded. It slopes downward.

Q: 2) Explain the macroeconomic effects of a tax cut according to the Ricardian Equivalence…

A: According to Ricardian equivalence theorem, the peoples living in the economy are very much…

Q: Microeconomics divides costs in to “short-run costs” and “long-run costs”. Can “long-run” differ…

A: The short run is defined as the time frame during which wages and prices of other production inputs…

Q: Consider an economy where the various components of expenditure follow these equations: C = 10 +…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Assume the MPS is 0.25. Assuming only the multiplier effect matters, a decrease in government…

A: MPS=1-MPC Change in GDP=∆Y=11-MPC×∆government purchases=1MPS×∆government purchases In this…

Q: Limiting Market Power: Regulation and Anti-Trust Predatory pricing threatens to keep competitors…

A: In a market, a firm uses predatory pricing strategy to gain market power by threatening existing…

Q: List the conditions needed for pure competition to exist ?

A: The Pure competition is the competition where there are large number of the buyers and the sellers…

Q: Hospital has the following treatment options to reduce the incidence of Ventilator-Associated…

A: Rational Individual refers to the person that chooses or takes decisions depending on the situation,…

Q: Is point E Pareto efficient allocation? Explain your answer.

A: Yes. Point E is Pareto efficient allocation.

Q: Assume that, under autarky, coffee is cheaper in Brazil than in Japan. How does the price of coffee…

A: Here, it is given that the autarky price of coffee is less in Brazil as compared to Japan.

Q: A certain warehouse is worth P700,000. The average value of the merchandise in the warehouse is…

A: We are solving this question with the Present Worth method

Q: Globalisation of production and of markets ushered in myriad of benefits to all nations particularly…

A: Introduction Globalization is slowing due to a variety of factors, including the United States'…