Which is considered a factor of production? Multiple Choice O service knowledge bonds competition

Q: In the design of a jet engine part, the designer has a choice of specifying either an aluminum alloy…

A: In the design of a jet engine part, the designer has a choice of specifying either an aluminium…

Q: Any output produced by U.S. firms is included in the value of U.S. GDP, even if the output was…

A: GDP refers to the all final values of good and service that produced within the domestic territory…

Q: 1. The Following equations describe an economy: Y=C+I+G C = 240 +0.5(Y-T) I = 200-10r G = 100 T = 80…

A: GDP is the sum of consumption, investment and government spending in a closed economy. At…

Q: A simple supply curve shows a relationship between the Multiple Choice price of a good and the…

A: Supply curve is upward sloping for a good.

Q: s China interested in accountability in global business?

A: Accountability is a willingness to be open and upfront about one's performance, enabling others to…

Q: Inflation The consumer price index (CPI) of a certain country is given by I(t) = -0.02t³ + 0.4² +126…

A: Given CPI equation,  I(t) = -0.02t3 +0.4t2 +126 for  t = 0, 1, 2, 3, and 4

Q: Derek and Maria are now trying to predict how much money they will raise for their club from the car…

A: Profit = Total Revenue - Total Cost r(x) = 10x + 50 c(x) = 0.5x + 220 Profit = P(x) =  r(x) - c(x)

Q: Suppose that low-skilled workers employed in clearing woodland can each clear one acre per month if…

A: Marginal revenue product (MRP) is the marginal revenue created by using one additional unit of…

Q: You are the manager of Billy's Burritos, one of only two suppliers of tasty fish tacos in town.…

A: In Cournot duopoly, two firms compete in quantity and maximise profit by producing at MR=MC

Q: 14. Gross Domestic Product equals $1.2 trillion. If consumption equals $660 billion, investment…

A: Given information, GDP (Y): $1.2 trillion Consumption (C): $660 billion Investment (I): $220…

Q: It is not smart to make small purchases on a credit card because they can pile up and end up costing…

A: When talking about credit card, it is the facility provided by financial institutions to the people…

Q: Which of the following is NOT a method by which the Fed increases the money supply?   a)…

A: In the United States, Federal Reserve can implement monetary policy to make changes in the money…

Q: ENGINEERING ECONOMICS It costs P500,000 at the end of each year to maintain a section of Kennon…

A: Compound interest is also referred to as "interest that is not simple." Compound interest does not…

Q: What are the most significant trends in U.S wages over the past five years?

A: Minimum wage legislation. The minimum wage is the lowest salary that companies are legally allowed…

Q: The table shows the demand and supply schedules for on-campus housing. Suppose that with a strictly…

A: * ANSWER :-    Given that ,

Q: 7) Refer to the graph below. Which move leads to a decrease in revenue? 11.0 100- a) The move from A…

A: (Since you have asked many questions, we will solve the first one for you. If you want any specific…

Q: Will a profit-maximizing firm in a competitive market ever produce a positive level of output in the…

A: The change in total cost to change in output is known as marginal cost. The marginal cost is the…

Q: 10 9 8 7 6 5 4 3 2 1 AS AD Tools -9 QE QF

A: Introduction As measured by output, GDP is neither larger nor lower than GDP as measured by demand.…

Q: Making dresses is a labor-intensive process. Indeed, the production function of a dressmaking firm…

A: Answer  According to question, below information given that : Production Function ( Q ) = L - L2/…

Q: Compute the nominal GDP Year: 2021 Value added of agriculture, fishery and forestry sector Value…

A: Nominal GDP = C+I+G+NX

Q: Consider a monopolist with the following demand and cost function: Demand: P = 200 -0.10 Cost: C =…

A: We have downword sloping demand for monopolist and given cost function a function of Q.

Q: Monetary union, in comparison to dollarization, means that   Multiple Choice   countries forgo…

A: A multilateral agreement among numerous countries to create a unified currency. Monetary unions have…

Q: 1) please help need it Before 3pm fast kindly pretty please. Just make it short like 2 sentencesonly…

A: Food law is essential for easy trade activities in the international market.

Q: Which of the following statements is true of a flexible exchange rate system? O A. Market forces…

A: A floating or flexible exchange rate is determined by the free forces of demand and supply of…

Q: In one way, the impact of immigration and inward foreign direct investment are structurally the same…

A: Labor refers to the portion of the population that works or are looking for employment. It is also…

Q: Approximate the after-tax ROR on a project that had a first cost of $500,000, a salvage value of 20%…

A: Amount received after fifth year = (20% x 500000) + 230000 = 100000 + 230000 = 330000 Year…

Q: 229 I invest $10,000 in an for 3 account years. The interest is 5% annually. How much money will I…

A: Given information, Principal amount (P): $10,000 Interest rate (r): 5% annually Time period (t): 3…

Q: The most important developments that have reduced banks' cost advantages in the past twenty years…

A: BANKS Banks are the Financial institution which is legally licensed to receive deposits and provide…

Q: Explain how imperfect information hazards might affect the following a. Workers applying for…

A: Disclaimer- “Since you have asked multiple question, we will solve the first three question for you…

Q: 1) Which of the following best describes the multiplier effect A an initial increase in interest…

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

Q: Possibility Movie Tickets (M) Chocolate Truffles (C) (units) (units) A 60 0 B 40 35 с 20 45 D 0 50…

A: Production possibilities frontier shows different combinations of goods that a country or individual…

Q: What is market failure? Explain in your own words

A: (Since you have asked many questions, we will solve the first one for you. If you want any specific…

Q: b. Suppose market demand is Qº= 1,000-40P. Solve for output per firm (Q), the long-run competitive…

A:

Q: strial union can obtain a wage higher than the competitive level and achieve higher total employment…

A: Industrialised unions work in the favour of the labour. Such unions bargain with the management to…

Q: 5) (KEY QUESTION) Consider the following data assuming that these are the only products produced and…

A: A country's nominal GDP is determined using current prices and is not adjusted for inflation.…

Q: 10. Public policy toward monopolies Suppose that a government that is skeptical of efforts to…

A: Answer: Regulating the firms' behaviour is quite impossible because companies find ways to ovoid…

Q: 27. If the demand for a pack of cigarettes is Q=50-$5P For a typical smoker and the price per pack…

A: A consumer surplus happens when the price consumers pay for a product or service is less than the…

Q: Explain the theories of Karl marx in industrial relations shortly

A: The term "industrial relations" refers to the working connection between employers and employees.…

Q: Suppose two companies, Apples and Dell, are a competing duopoly. If both companies charge the high…

A: The phrase "Nash equilibrium" in game theory refers to a situation where the best outcome is reached…

Q: What are the items that make opportunity cost differ from the accountant's measure of cost? A firm's…

A: A firm's opportunity cost is the cost foregone in terms of the next best alternative to pursue the…

Q: Year: 2021 Value added of agriculture, fishery and forestry sector Value added of industry sector…

A: Given information table

Q: A local real estate investor in Orlando is considering three alternative investments: a motel, a…

A: An investment is an item or thing acquired with the purpose of generating income or appreciation.The…

Q: Can Capitalism be classified as a religion? Explain

A: Capitalism is an economic system based on the private ownership of productive assets and their…

Q: 4. In 2056, there are two mining firms operating on the moon, extracting Helium 3. Once both firms…

A: In the market, we have two firms with symmetry cost function C(q) = 2+2q

Q: 40. When we want to measure wage inflation in the labor market, we use the: O Consumer Price Index O…

A: Option 3rd is correct.  1st option - incorrect  Consumer price index is used to measure change in…

Q: When there is a recession you need __________ fiscal policy. When there is inflation you need…

A: A recession means the economic activities are slowing down and to improve it needs to push the…

Q: The following six mutually exclusive projects have a life of 10 years. Use the rate of return method…

A: Given cash flow  MARR=12% N=10 years

Q: Superconductor technology is becoming a widespread and indispensible component of the machines we…

A: The Long-run average cost curve is defined as a curve which portrays a firms lowest cost per unit at…

Q: ABC company's total cost when it produces 20 units is $100.  ABC's total cost is $120 when it…

A: Total cost is the expenditure incurred in the production of goods and services. It is the cost that…

Q: Quantity of Labor 1 2 3 4 Figure 12-8 Pies Per Day 20 60 90 110 5 120 Figure 12-8 provides…

A: We have given P=$5 of pie and cost of one unit of labor is $80