65. Which of the following is NOT an input? A. O Labour B. O Entrepreneurship C. O Natural resources D. O Production

Q: 59. Profits are A. O Residual payment B. O Pre-determined C. O Fixed contract D. O Always higher tha...

A: The distribution of income to the owners in the production process of the market or in any of the bu...

Q: US-Mobile manufactures and sells two products, tablet computers (55% of sales) and smartphones (45% ...

A: The breakeven point is the level of production at which a product's costs equal its revenues. The br...

Q: Lavish Inc. finds that the total cost of producing and selling "D" number of ACU sets is 50D2+3000D-...

A: PROBABILITY IS A NUMBER THAT REFLECTS CHANCE THAT A PARTICULAR EVENT WILL OCCUR. PROBABILITY CAN BE ...

Q: Renting would be better than buying for an individual who does not want to need to pay for maintenan...

A: Renting - Renting is the amount paid for using the property and this use can be for personal purpose...

Q: Abbott wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this year. Th...

A: Given information Ad cost=$5000000 at week 2/13/2022 Ad cost on 3/6=$800,000 Sales on 2/20=$500,000 ...

Q: Fill in the blanks: ndicate whether the following statement is a positive or normative statement: Th...

A: Positive statements are those statements based on facts, actual data. The validity of these statemen...

Q: A. The price of gasoline increases from 16 per barrel to 30 per barrel and as a result, the demand p...

A: Arc Elasticity Formula: [(Q2-Q1)/Midpoint of Q]/[(P2-P1)/Midpoint of P] If the cross elasticity is n...

Q: we have assumed tha the production function simultaneously has constant returns to scale and diminis...

A: The Constant returns to scale means the long run,keep adding number of input,and production is incre...

Q: Consider a closed economy with consumption, production, and government. The representative consumer ...

A: Suppose the maximum possible amount of labor is 1. Budget constraint is given by, C+wl=w+P-T⇒C+0.75l...

Q: Explain how markets conditions in the short run.

A: The amount of time a company has been in business determines its output. The firm's production capab...

Q: Suppose Vijay has 10 onion rings and 5 sheek kababs, and his friend Tara has 5 and 10 sheek kababs. ...

A: An indifference curve represents a combination of two things that give the consumer with the same le...

Q: In your own words, Explain what is BJMP. Write in 200 words.

A: BJMP is known as Bureau of Jail Management and Penology which is a Department of the Interior and do...

Q: oints on a utility possibility curve represent a given distribution of well-being between two person...

A: The satisfaction that is in turn being received by a consumer from the consumption of a service or g...

Q: A downtown bar serves a drink that UCSB students love. The profit-maximizing owner knows that any gi...

A: Student demand, p = 14-q Non-student demand, p = 6-q Large package of 12 drinks  Small package of 4 ...

Q: Suppose you are considering working at a local coffee shop 5 nights a week. You expect to save $125 ...

A: * SOLUTION :-    From the given information the calculation is given below  

Q: An annual fixed operating cost of P10,000,000 is incurred by a Medical Devices Manufacturing Company...

A: Fixed Cost = 10,000,000 Variable Cost = 1375 Price = 4500

Q: tt wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this ha Superbowl...

A: *Answer:  Given information Ad cost=$5000000 at week 2/13/2022 Ad cost on 3/6=$800,000 Sales on 2/20...

Q: A start up business is considering two types of equipment - data are as follows:                   ...

A: We need to calculate, By present worth cost method, computation of the value of Type A and Type B:

Q: An annual fixed operating cost of P10,000,000 is incurred by a Medical Devices Manufacturing Company...

A: Fixed cost = 10,000,000 -------------------------- Variable cost per unit = 1,375 Let's assume Q uni...

Q: Techiefy Co. wants to launch a new product. It is observed that the fixed cost of the new product is...

A:

Q: You own a company that produces widgets. You currently produce 100 widgets; each widget sells for $1...

A: Marginal Revenue:-  It is defined as the increase in revenue value as a result of the sale of a new ...

Q: Suppose you are the Governor of the Bank of England. You want to apply the quantity theory of money ...

A: As per the quantity theory of money,Money supply * Velocity of money = Price level * Real GDP

Q: 3. Does minimum wage legislation have other effects? Explain with the help of a diagram. a. Explain:...

A: The lowest remuneration that could be paid by employers legally to the employees for doing work is k...

Q: TRUE OR FALSE • Practically all income in underdeveloped nations is used to purchase consumer goods,...

A: True Consumer goods refer to the items that are bought by the average consumer and are mainly final ...

Q: A widespread disease has wiped out many dairy herds, and cooking with cheese has become a new trend ...

A: Here, it is given that some of the dairy herds are wipped out due to widespread disease. At the same...

Q: A start up business is considering two types of equipment - data are as follows: TYPE A TYPE B First...

A: Given that; Type A Type B Initial cost= P200,000 Initial cost= P300,000 Annual Operating Cos...

Q: Matching Type. Write the correct letter from Column B to the corresponding answer in Col A. A B 1. T...

A:       q        n            g            d                b                c                l ...

Q: Economic development of a country requires

A: To find : Factor for economic development of a country. 

Q: Suppose that Nancy lives for three periods and chooses to be a Dentist. This means that she will spe...

A: Given: Interest rate=10%

Q: Assume two normal and ordinary goods A and B. If the good A is taxed and its compensated demand is c...

A: Tax refers to the compulsory contributions that the government of a place collects from individuals ...

Q: Submit the answers to the following "review/critical thinking questions": 1. Name and explain some o...

A: There are some reasons why wages are likely to be sticky or rigid. This has been explained by Keynes...

Q: Calculate marginal utility and marginal utility per dollar for the data provided in the table below:...

A: For utility maximisation, two conditions must be satisfied: MUx/Px = MUy/Py Px.X + Py.Y = Income

Q: What is the advantage of capital gains treatment of income compared to expensing?

A: Capital Gains Income: One of the most sought-after investments is a residential property. The major...

Q: For how long would P1,000,000 have to be invested at 5% simple interest for it to double its value? ...

A:

Q: An equipment costs ¥ 10,000 with a salvage value of ¥ 500 at the end of 10 years. Calculate the tota...

A: Given: The cost of equipment is = ¥ 10,000 Salvage value = ¥ 500 Interest rate is = 4% To Find: The...

Q: How COVID-19 affect the domestic market?

A: Domestic market refers to internal market that implies a trade within the border of the country. It ...

Q: Assume a firm incurs overall labor costs of $22 per hour- which includes wages and training costs. U...

A: Labor Cost = $22/hr Training cost = $160/hr Wage = $20/hr G = 1/Workers

Q: PF), where nc is the number of patients per day who are at least 40 years old, and pf is the price o...

A: Demand for medical checkups : Qf = 25(198 + nc/20,000 -pf ) Supply of medical checkups : Qf = 50pf -...

Q: @ Due to heavy ráuns the price o7 ground produce increases i- which core principle o represented in ...

A: Given: Due to heavy rainfall, the price of ground produce increases. We will try to elaborate on thi...

Q: Draw an AS-AD model of an economy dealing with an inflationary gap. What is one fiscal policy that c...

A: In the economy where there is a AS-AD model shows how there would be related inflationary gap and li...

Q: Social fluidity is all about transformation that results from social actions and reactions in respon...

A: Concept Members from various classes have varied possibilities of landing in one destination class v...

Q: The goal of an economist who formulates new theories is to Select one: a.provide an interesting fram...

A: Economists tend to conduct the researches, monitor trends of economy ,collect and analyze data and t...

Q: Land only Is a free gift of nature

A: To find: What is land. 

Q: Design a two-player game with the property that “the payoff for Playerl is Playerl plays a strategy ...

A: Nash equilibrium is a concept within game theory where the optimal outcome of a game is where there ...

Q: A firm has the production function F(K,L) = L14K. This firm has %3D a. diminishing MRTS and diminish...

A: The marginal rate of substitution refers to the rate at which one good is sacrificed to get one addi...

Q: Identify the intellectual revolutions that created paradigm shift. (100 words only)

A: Intellectual revolution: There are many measures that have been taken in order to provide knowledge ...

Q: 2. During recessions, central banks tend to cut interest rates. You are interested in understanding ...

A: Gross domestic product (GDP): it is the overall output generated within an economy during a year. If...

Q: NEED HELP ASAP! THANK YOU!! For a 20-year geometric cash flow progression increasing at 2% per year...

A: The rate of growth= g=0.02 rate of interest=i=0.1 First year amount=P 1020 The present worth PW=1020...

Q: What is social commerce? Disscuss which industry in GCC can adopt social commerce? Justify your answ...

A: Once a product is manufactured, cost has to be initiated and process of business follow ups. Busines...

Q: In your view, what does the rise of synthetic CDOS tell us about contemporary capitalism?

A: A synthetic collateralized debt obligation is a type of CDO that achieves its investment objectives ...

Equilibrium Price and Quantity

Equilibrium refers to a state of balance that comes about because there is equality in all forces.