What was the ratio used for running economy in the study that tried to predict fastest possible human marathon times? O velocity/02 consumption running power/02 consumption O velocity x 02 consumption O 02 consumption/velocity

Q: Brandon purchased a car using a 5-year car lease at 5.80% compounded quarterly that required her to ...

A: Compound interest is basically the accumulated interest over the entire time period of the investmen...

Q: When a small country imposes a tariff on an imported good, domestic consumers bear of the statutory ...

A: In an economy, statutory burden refers to the tax that actually paid by the market participant, and ...

Q: You invested $100,000 in a project and received $40,000 at n = 1, $40,000 at n = 2, and $30,000 at n...

A: The data given is as follows:- Initial level of investment done = 100,000 Revenue generated in the 1...

Q: 1. What is World Trade Organization, who are its members and by which main documents it is guided in...

A: WTO is the organization that helps in maintaining the global trade among the nations. There are 164 ...

Q: How do the economies of WTO Mer enefit from TBT and SPS Aoreements

A: WTO Members benefit from TBT and SPS Agreements,

Q: d. At what volumes do breakeven occur? e. What is the company's range of profitable demand?

A: Please find the answer below.

Q: The US record-high gas prices previously occurred in July 2008, when the national average price per ...

A: 1.  Given the CPI of 2008 = 219.964 Current CPI = 283.716 Inflation = Current CPI - Previous CPIPrev...

Q: What is the likelihood of government-issued bonds or treasury securities defaulting? * A. Can't say...

A: The answer is - D. Zero

Q: In the IS-LM model, investment spending is specified as A. a positive function of output and a negat...

A: Note: We will answer the first question since the exact one was not specified. Please submit a new q...

Q: Define externality. Also explain negative and positive externality.

A: Externalities occur when the production or consumption of a good has an impact on third parties who ...

Q: Suppose an increase in Demand cause surfboard prices to go up from $350 to $450 each. As a result pr...

A: Mid point method: es = [(Q2-Q1) / (Q2+Q1) /2] / [(P2-P1) / (P2+P1)/2] where, es is Price elasticity ...

Q: Suppose you live locally and travel to this university to study for your degree. your expenses durin...

A: Following expenses has been incurred: Tuition fees = $5000 Books and other educational supplies = $3...

Q: Consider the lottery that assigns a probability 7 of obtaining a level of consumption CH and a proba...

A: There are two consumption levels for the lottery : cH  , cL  Probability of cH = π Probability of cL...

Q: The Hotel California faces a risk that it will suffer a fire causing a $200 million loss with a prob...

A: The expected loss is the sum of the values of all possible losses multiplied by the probability that...

Q: Suppose a perfectly competitive industry has 300 identical firms in the short run. Each firm faces a...

A:  A perfectly competitive firm produces homogeneous goods which makes them price takers 

Q: 1. Below is a market schedule for both demand and supply Quantity Demanded (x- axis) 1000 Price (y-a...

A: Hi! Thank you for the question, as per the honour code, we are allowed to answer three sub-parts at ...

Q: There are N sites that need protection (number them 1 to N). Someone is going to pick one of them to...

A:

Q: Explain the difference in the distribution mechanism for goods and services in the market and comman...

A: As we know, in the market system, the factors of production are owned by private individuals. Wherea...

Q: Chinese economic growth is the outstanding feature of the world economic scene over the past two dec...

A: Introduction In 2018 US economy has $ 20.5 trillion and the economy grows at annual rate of 2.2% per...

Q: Joon's Marshallian demand function for good X and Y is I given by: X* Suppose that Px=3, a = 0.8, ß ...

A: Income Elasticity of demand measures the percentage change in the quantity demanded due to the perce...

Q: Excise duty is also known as

A: Hi! thanks for the question but as per the guidelines we can not answer the opinion-based questions....

Q: Which primary care physician compensation scheme from the list below will lead to the highest level ...

A: When talking about health insurance, it can be said that their are different types of plan for diffe...

Q: Has the governmen expansion of the subpr market? Discuss.

A: The subprime mortgage crisis in the United States was a series of events and circumstances that culm...

Q: Consider the Solow model with no technological progress. Assume that depreciation equals 0.20, popul...

A: Solow Model is an exogeneous model introduced by Prof Robert M.Solow as an alternative to the Harrod...

Q: Your neighbors pay annual dues to a neighborhood association. This association refunds neighborhood ...

A: Externalities mean uncompensated economic effects of production and consumption that affect consumer...

Q: Nam's Marshallian demand function for good X and Y is I given by: X* Suppose that Px=4, a = 0.7, ß =...

A: Demand function for good X X = I / [2Px (α + β)] Differentiate X w.r.t Px => dX / dPx = -I / [2Px...

Q: As the general price level changes, substitution bias in price indices results in underestimation of...

A: The measure that depicts changes over time of goods and services that consumers tend to purchase for...

Q: An exchange rate crisis occurs when the peg (the fixed exchange rate) loses its credibility. Bond ho...

A: The fixed exchange rate is the rate that is determined by the government. It means as the government...

Q: for a firm's production process. The initial cost $200,000 with annual costs of $50,000 and saving o...

A: Given that, Annual cost = $50,000 Savings = $90,000 and increment by $3,000 (G) after year-1 Therefo...

Q: If mpc = 0.8 and the additional income is P12,000, how much is the additional consumption? How much ...

A: MPC, marginal propensity to consume is the proportion of change in consumption spending due to chang...

Q: An investor has £13,000 in a fund generating a 5% return, with a 2.5% initial cost and an annual cha...

A: Initial cost @ 2.5%=13000*0.025=325 Fund value at the beginning=(13000-325)=12675. Annual Charge=0.5...

Q: Yunqin always gets twice as much satisfaction from an extra burger as he does from an extra Boost ju...

A: A consumer is indifferent between any two combinations of two goods when it comes to making a choice...

Q: 4. From the table below, compute the following: a. Compute the missing numbers of real GDP in 2017 a...

A: GDP Deflator is the ratio of nominal GDP to real GDP which is a measure of inflation.  Nominal GDP i...

Q: Q2 In each of the following cases, determine the effect of each case on GDP and its components in UA...

A: We know that Aggregate Demand is the sum total of consumption expenditure, investment expenditure, g...

Q: 3. Consider an Edgeworth box economy in which the consumers have the Leontief utility func- tions u(...

A:

Q: In the Heckscher-Ohlin model the factor that a country is abundant in will gain from trade, i.e. its...

A: The Heckscher-Ohlin model suggests that countries export what they are best at producing in economic...

Q: Find the present worth of a perpetuity of P 13,500 payable quarterly if money is worth 12% compounde...

A: The term perpetuity means a number of equal payments of money for an indefinite period of time Prese...

Q: What are the advantages of collusion in economics?

A: Collusion helps to reduce competition among the firms . Collusion reduces the cost of a business. Tw...

Q: Which of the following is an example of diffuse reciprocity? Group of answer choices (pick one) a....

A: Diffuse reciprocity Diffuse reciprocity is a mindset, a readiness to contribute without expecting a ...

Q: Explain the estimated and economic impacts that labelling country of origin products has on consumer...

A: As per customer labelling theory and applications, compulsory packaged food labelling is suitable fo...

Q: 1. Suppose all firms in a monopolistically competitive industry were merged into one large firm. Wou...

A: Monopolistically competitive industry Monopolistic competition is an imperfect kind of competition i...

Q: Question:  Finn is in charge of decorations for an upcoming festival, and he is planning to decorate...

A: Setting up the Lagrange to maximize utility subject to budget constraint 

Q: (i). Write an equation for the manufacturer’s profit as a function of the number of tablets produced...

A: The correct answer is given in the second step .

Q: (Figure: The Market for Apple AirPods) Use Figure: The Market for Apple AirPods. Suppose a country o...

A: World price= $120

Q: Which of the following is NOT a type of financial market? Select one: a. Money and capital market...

A: Financial market Financial markets include any marketplace where securities are traded, such as the ...

Q: Suppose all firms in a given industry have the same supply curve given by S,(p)p/4. Plot and label t...

A: The supply curve of each firm is given to be: Si(p) =p/4 There are 4 firms in the industry, so the i...

Q: Exchange Rate Determination - Short v. Long Run The nominal money demand for the US is given by the ...

A: Given information Interest rate in US=5.263% Calculated value from part Vi) Demand for Bond Q=100-5P...

Q: Suppose the Bank o Englndwshes toresta ifiaton o ceses Bak Rate Whch of theflwing enswil n te artf t...

A: Answer: Bank rate refers to the rate at which the central bank of a nation lends to the commercial b...

Q: Assuming the supply curve for money is perfectly inelastic and the demand curve for money is downwar...

A: (1) A money supply curve is vertical A money demand curve is downward sloping The intersection point...

Q: n the Heckscher-Ohlin-Vanek model with trade a country that is labour abundant will     export the...

A: Heckscher-Ohlin-Vanek model states that trade results on account of the different relative prices of...