What term describes unemployment that results from a person having a lack of employable skills? structural frictional Ocyclical seasonal

Q: If a society allocates resources so that it produces eficiently, then it is producing at a point A…

A: The answer is - A. On its production possibility frontier that is most desirable.

Q: According to Excel's sensitivity report for the previous formulated model (Eagle Tavern), the shadow…

A: Here, Betty Malloy, owner of the Eagle Tavern in Pittsburgh, is preparing for Super Bowl Sunday for…

Q: Economics Questions Set Question 1: 1. An asphalt road requires no upkeep until the end of 2 years…

A: Given; Cost of repairs at the end of two year= Php 60000 Cost of repairs at the end of each year for…

Q: The central bank of the fictitious country "Alpha" raises bank reserves by $200. What effect will…

A: Bank Reserve is the ratio which is decided by the central bank for controlling the money supply in…

Q: If both the fixed and variable costs associated with a product decrease, what will be the effect on…

A: The breakeven point is determined by partitioning the fixed costs of production by the cost per unit…

Q: OA. When a large proportion of income is spent on a product or service, the more elastic the supply…

A: Elasticity measures the change in quantity supplied or demanded when the product's price is changed.…

Q: Suppose all individuals are identical, and their monthly demand for Internet access from a certain…

A: A surplus happens when the consumer’s readiness to expand on an outcome is more significant than its…

Q: Assume that a firm has the following data for the year ended 12/31/2019: Sales: $300 Depreciation…

A: Introduction Gross margin and operating margin helps to measure the income statement of a firm.…

Q: Three alternative proposals are suggested for a project with the following cash flows. Choose the…

A: Cash Flow (CF) is the growth or lower in the quantity of cash a business, institution, or character…

Q: Suppose that the short-run world demand and supply elasticities for crude oil are −0.076 and 0.088…

A: The price elasticity of demand is a measurement of how price affects the quantity demanded. When…

Q: Hello can you help me to answer the statement with it depends: - Human capital is a predictor of…

A: HRM practices are activities within an organization aimed at managing a talent pool and assuring…

Q: According to the Centers for Disease Control and Prevention, a 40-year-old woman has a 15 in 10,000…

A: Insurance is an agreement in which an insurer repays one more against misfortunes from explicit…

Q: Ithy by working out, eating healthier, and taking preventive care. Assume that the cost of becoming…

A: 1. No. Becsuse, The only employer in the town is giving the job to everyone irrespective of the…

Q: 8. In the economy, we found a recessionary gap of 50, relative to potential output of 4,800. Suppose…

A:

Q: What is meant by the balance of trade? 10 13 16 V 19 22 25 14 17 20 23 12 15 18 21 24 a It is the…

A: In an economy the term balance of trade is used to explain the openness of a country as it is…

Q: Refer to Figure 2-13. Which of the followings statements is most accurate about payments for goods…

A: Chart is showing interaction between household and firm through the factor market and good market.…

Q: The market demand curve is given by P = 40 - 0.2Q. What is the profit-maximizing output? A.…

A: Total revenue is the total amount of money a company brings in from selling its goods and services.…

Q: Assume an economy with no foreign sector, a marginal propensity to save of mps = 0.1, and a marginal…

A: Here, given information is, MPS =0.1 MIT (t)= 0.33 Change in national income: 500 To find: change…

Q: Problem 2. Consider the game below. Player 1 T M B Player 2 C L R (2, 1) (0, 2) (0,3) (1,1)| (1,1)|…

A: game theory gives devices for dissecting circumstances in which parties, called players, pursue…

Q: Individual retirement accounts (IRAS) were established by the U.S. government to encourage saving.…

A: A Savings account refers to the facility that banks give its customers where the customers deposit…

Q: A savings account earns interest at the rate of 6% per year, compounded continuously. How much money…

A: The information being given to us is:- Interest rate of savings account = 6% per year First…

Q: Assume that the market for soybeans is perfectly competitive. Currently, firms growing soybeans are…

A: There are a huge number of buyers and sellers in a perfectly competitive market. The market forces…

Q: Taxes adversely affect the allocation of resources because Othey do not always fall more heavily on…

A: Taxes imposed by the government, as well as rent regulation, Invisible hands are hindered when the…

Q: Stakeholders are: a) customers and competitors who interact with the business. b) groups or…

A: A business entity has stakeholders to whom it has a responsibility.

Q: Compare the long-run profit maximizing positions of monopolistically competitive firms and monopoly.…

A: A monopolistic market is one in which all of the features of a pure monopoly are present. When one…

Q: In a Mixed Specific Factors model with two sectors, Cars (C) and Wheat (W), Capital (K) is specific…

A: Introduction We have given a mixed specific factors model with two sector, Cars ( C ) and wheat ( W…

Q: Explain “Creative destruction-Darwinian theory” in terms of businesses struggling to survive the…

A: Darwinian theory of evolution by natural choice: It cannot describe the origin of individual species…

Q: what do you think is the source of labor market discrimination against obese people? Would market…

A: Obesity is growing more common, a severe public health concern worldwide and one of the leading…

Q: Which of these are examples of positive real shocks? a Technological booms b, Higher jumps in oil…

A: Positive real shock either increases the demand or supply in the economy.

Q: 's utility for socks (q1) and other goods (q2) is given by U(q1,q2) = 10q10.1 0.1q² 0.9 The price…

A:

Q: What are the seven virtues which Deirdre McCloskey claims as Bourgeois Virtues? O Courage,…

A: The answer is - Option 1. Courage, temperance, justice, prudence, faith, hope and love.

Q: Suppose a competitive market with the inverse demand p = 100 - q. An innovation reduces the constant…

A: (a)  `Using the innovation new marginal cost is 60 Now, a monopolistic firm will maximize their…

Q: You are considering subscribing to ESPN+.  You are willing to pay up to $85 per year for a…

A: When customers pay less for a good or service than they are willing to pay, this is known as a…

Q: What is Fiscal Policy? Discuss types of Fiscal policies?

A: (Q) What is Fiscal Policy? Discuss types of Fiscal policies?

Q: variable production cost and the price of a product were both reduced by $1.00 per unit, which of…

A: If variable production cost and the price of of product were both reduced by $1 per unit then break…

Q: 180 168 156 144 132 120 108 96 84 72 60 48 36 24 12 0 135 180 225 270 315 360 405 450 495 540 585…

A: Monopoly is the form of market where a single seller sale the product at higher price and produce…

Q: How much will be the government revenue?

A: Introduction We have given demand and supply function of product M.  Diagram: The shaded portion is…

Q: what lessons about food security can the world learn from indigenous farmers/communities? Explain…

A: Food security refers to the amount of food that is available, accessible, and affordable. Food…

Q: yield per 2 - 10 20 30 40 50 fertilizer applied per ac on shows that over the range shown

A: the production function is a condition that communicates the connection between the amounts of…

Q: The price elasticity of demand is given by E= = where P and Q denote price and 20² quantity…

A: Demand function: P = a-bQ

Q: All documented information shall be Legible O Dated O Maintained in good order Retained O All the…

A: The documented information refers to all of the important information that must be kept organized…

Q: Just based on general information you possess, do you think the demand for computers is likely to be…

A: Elasticity refers to the change in quantity demanded of a product due to change in its price. If the…

Q: Debit/credit card are considered to be Question 12 options:   Line of credit       M1 money…

A: Debit cards allow you to spend money by drawing on funds you have deposited at the bank. Credit…

Q: Manchester United TV Subscription (annual) Value to a non-Manchester United soccer fan Value to…

A: Profit portrays the financial advantage acknowledged when revenue produced from a business action…

Q: A manufacturer's total cost equation per day is given by the equation TC = 440 +4q+,00010². If each…

A: Given :  Total Cost = 440+4q+0.0001Q2 Price = 10-0.0004Q

Q: Economics Explain (in detail with example) three assumptions for the perfectly competitive market.

A: Perfect competition is a type of market structure in which there are large number of buyers and…

Q: Assume the velocity of money and real gross domestic product are constant. According to the quantity…

A: Quantity theory of money :

Q: ose the graph represent demand and marginal cost for a that is able to engage in perfect price…

A:

Q: 2

A: Olivia is consuming in two periods, in period she is borrower, that means C1 is more than the M1.

Q: You are given the following data concerning Freedonia, a legendary country: Consumption function: C…

A: Goods market is at equilibrium where aggregate demand and aggregate supply are equal  . AD or = Y .…