Which of the following describes a defining characteristic of a public good? Select the correct answer below: can be bought and sold fairly easily once used, the ability of another person to use it is reduced or eliminated O impossible to exclude someone from using it must be purchased to be used

Q: A magician recorded his magic show and broadcast it  freely in internet. How would you classify the ...

A: Excludable – Some people can be prevented by the producers from consuming the good/service based on ...

Q: Public Good Contribution: Three players live in a town, and each can choose to contribute to fund a ...

A: Answer-

Q: The gold standard likely facilitated the Great Depression because Group of answer choices the Fed ke...

A: The collapse of gold standard has a significant contribution in the occurrence of the Great Depressi...

Q: Which of the following legislative constraints applies to the issue of minimum wage? a. human rights...

A: The answer is - b. trade union legislation

Q: Compute the economy's GDP using the expenditure approach. Assume that all transactions are 2019. C G...

A: GDP = consumption expenditure + investment expenditure + government expenditure + net exports

Q: A multiple regression of y on a constant x, and x2 produces the following results: ý = 4 + 0.4x + 0....

A: Given that : The objective of the following analysis is to test the null hypothesis that the two slo...

Q: Which of the following is an explicit cost? O the depreciation of a computer O the cost of hiring a ...

A: please find the answer below.

Q: Price (dollars per gallon of ice cream) 20 18 16 So 14 12 10 50 100 150 200 250 300 350

A: Taxes are the duties imposed by the government on different economic activities which is the main so...

Q: Use Table: National Income Accounts. The value of national savings is: Table 1: National Income Acco...

A: National savings refers to the sum of public savings and private savings.

Q: What is the international community doing to assist the least developed countries (such as Niger) wi...

A: The term "international community" refers to a broad group of people around the world in geopolitics...

Q: Which of the following statements about the Bipartisan Campaign Reform Act is true? Select the corre...

A: The McCain-Feingold Act is one of the few government regulations that manage the financing of politi...

Q: art decoration presently costs $25,000. If Inflation is at the rate of 7.5% per year. What will be t...

A: Cost of art= 25000 $ Inflation rate = 7.5 % Time = 5 years  

Q: Suppose there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,...

A:

Q: What are the independent and dependent variables of US-Iran Conflict on the strait of Hormuz and its...

A: The strait of Hormuz serves as an globally important narrow water way which connects the Persian gul...

Q: Question 5 5.1 Suppose an economy's production function is Y = AK L'«. If the annual rate of economi...

A: Question 5:- Given; Production Function; Y=AKαL1-α Annual rate of economic growth= 4.5% Labor growth...

Q: 1. Use SI model to graphically analyze the impact on China due to (a) A pessimistic world investment...

A: GIVEN Use SI model to graphically analyze the impact on China due to (a) A pessimistic world investm...

Q: What is the term for the change in total cost resulting from a one-unit increase in production? aver...

A: please find the answer below.

Q: Suppose that the government creates a disincentive for private saving by increasing the tax that peo...

A: When there is an increment in taxes takes place there will be a decrease in real income that can be ...

Q: Conventional ways to reduce the deficit and the related problems

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

Q: A firm's marginal cost can always be thought of as the change in total cost if O the firm moves to t...

A: The marginal cost definition is the cost of producing a service or product unit that is not intended...

Q: 18 MC1 16 14 12 10 ATC1

A: An economic profit is the difference between the revenue a commercial entity has received from its o...

Q: Suppose a primitive economy consists of two industries, farm products and farm machinery. Suppose al...

A: Introduction Two industry farm product industry and machinery industry has given. both of them's tec...

Q: !

A: Given: 1] The short-run production function of a firm is given as q = f ( L , K ) The cost constrain...

Q: What would have been an economic and social impact of the Baby Boom in the late 1940s and the 1950s?...

A: The answer is - The demand for teachers would increase for two decades.

Q: There are three players who must each choose an “effort” level from 1 to 7, that is, Si = {1, 2, 3, ...

A: Answer -  

Q: To produce a recorded DVD, a firm uses one blank disk D and the services of a recording machine M fo...

A: Given information Production function Q = min{D, M} Here 1 DVD is produced by using  1 blank disk an...

Q: P P=7 lo=7 On the following diagram, if there is a $3 tax imposed on buyers, what is the tax burden ...

A: In the given figure, the initial equilibrium is achieved at price of $7 and quantity of 7 units. 

Q: A firm’s own MAC function = -29Q + 298. Suppose the emission tax is $95/ton/month. a. Draw the...

A: please find the answer below.

Q: Explain why unions have been slow to embrace environmental issues? What has been done to change this...

A: 1 Unions are slow in the environmental issues as it requires a lot of the regulation and legislation...

Q: 1 . The net gain to the economy as a result of trade in Country A is $______. 2 What quantity will ...

A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost th...

Q: Suppose we have an economy with two sectors, wood and paper. • In order to produce $1 of wood, we us...

A: Internal demand for wood = Amount of wood we need to produce wood + Amount of wood we need to produc...

Q: What is the term for the lowest level of output at which a firm's goods are produced at minimum long...

A: please find the answer below.

Q: 6. Limitations of GDP Although GDP is a reasonably good measure of a nation's output, it does not ne...

A: GDP measures the market value of final goods and services produced in the economy within a given per...

Q: A $700,000 mortgage loan is written with a 25-year amortization period, a five-year term, and an int...

A: The amortization period is the time it would take to pay off a mortgage completely if payments were ...

Q: Anastasia, Emma, and Greta are deciding what to do on a weekend getaway. They each suggest a first, ...

A: Answer: If the choice is between mountain biking and canoeing then 2 votes will go for mountain biki...

Q: Exercise 1 Consider the following scenario. Aggregate output y at date t is specified as follows, Yt...

A: Output Equation in the economy: yt = t -te + y⏞ Where, t = Actual inflation rate ,  te = Expected In...

Q: FF (store grain; 20% losses) 150- FF (lend at 10%) FF (invest grain; 50% return; borrow at 10%) „FF ...

A: Above problem pertains to intertemporal choice in which consumer has to distribute his consumption o...

Q: Why do we use mind mapping

A: Mind mapping is the diagrammatic representation of information, task or concepts.

Q: Which of the following can wę conclude when production has diseconomies of scale? Average fixed cost...

A: please find the answer below.

Q: All of the following are true regarding immigration in the United States except: Select the correct ...

A: In the 17th century, the term "immigration" was coined to describe non-warlike population movements ...

Q: What is Domestic Systemically Important Bank (D-SIB) and Global Systemically Important Bank (G-SIB) ...

A: Banks are financial institutions which provide financial services to its customers. Banks accept dep...

Q: Explain how Milton Friedman's economic views differed from those of Keynes and explain why more rece...

A: John Maynard Keynes, a revolutionary economist of the 1930s, had published his book, "General Theory...

Q: 69. Quantity of a certain commodity that is bought at a certain price at a given place and time. lux...

A: Dear student as you have posted multiple questions on the portal, but according to policies and guid...

Q: What is private liability company

A: Private liability company:- A private liability organisation is a form of small company institution ...

Q: Paulina sells beef in a competitive market where the price is $5 per pound. Her total revenue and to...

A: Marginal revenue is a central concept in microeconomics that describes the additional total revenue ...

Q: O Consi der Hhe follouing Cournet medel. » The inverse femand function is given by p= 30-0 where Q= ...

A: According to bartleby guidelines and policy we can attempt only 3 sub-parts therefore kindly attach ...

Q: Two oil companies are deciding how much oil to extract from their properties, which lie above the sa...

A: Prisoner’s dilemma is the situation where both the party gets success only when they cooperate and i...

Q: O Consi der Hhe following » The inverse femand function is given by p= 30-@ where Q= Eit $ Cournet m...

A: First, we look at the answers form previous parts. Firm 1 reaction function: 2q1+q2=24Firm 2 reactio...

Q: 2) For the following utility functions, using the budget constraint M = Pgx & Pyy, find the compensa...

A: Compensated demand function: MRS = MUxMUy = 0.5x-0.52(0.5)y-0.5 = 1y0.52x0.5 equating MRS to price r...

Q: 2. The following hypothetical table is John's demand for pandesal from Dec 2016 to January 2017 give...

A: The economics as a study is based upon the basic idea of scarcity, or the limit present to the amoun...