Which of the following is not a characteristic of a monopoly? Group of answer choices the seller has market power one seller free entry and exit a product without close substitutes

Q: In not less than five sentences, explain ONE risk that a banking company is exposed to and how do…

A: A banking firm is a financial institution that receives deposits and invests the funds in lending…

Q: Name any item that is a store of value, but does not serve the other functions of money. Explain…

A: "The three main functions of money are a medium of exchange, store of value, and a unit of account."

Q: Loose monetary policy   a)  typically slows down the economy   b)  typically ignites the…

A: Monetary policy is conducted by the central bank of the country in order to control the money…

Q: ou have worked in the industry for a decade, and you are now fed up with the boring work environment…

A: Here, we aim to become entrepreneurs, which refers to generating fresh ideas and turning them into a…

Q: Circular Flow Chart Quiz Fill in the 6 BLANK spots using the following 5 options: Product Markets…

A: The circular flow model demonstrates how money moves through an economy. It shows the basic economic…

Q: question one What strategies and tactics can be employed during negotiation, and when or why will…

A: Features of negotiation: 1. Any negotiation requires the presence of at least two parties. Both…

Q: Consider a firm who sells output at p=10 and has a short run production function Q(L)=20L-L2. Its…

A: In this situation we have:- Q(L)=20L-L2 MPL=∂QL∂L=20-2L and  VMPL=P×MPL=wor 1020-2L=wor 200-20L=w…

Q: Which of the following is true?* Donations to any person is exempt if the amount of donation…

A: Donations are a sort of charity that is given by an individual to some other person or an…

Q: Distinguish between commodity money and fiat money

A: "Money act as a medium of exchange, store of value, a unit of account and a standard of deferred…

Q: 1 The government decreases taxes by $300 million. Given that MPC = 0.9, how much will AD increase or…

A: In financial aspects, the negligible penchant to consume (MPC) is characterized as the extent of a…

Q: s to clear $40,000 after paying off the remaining mortgage principal (in other words, he will pay…

A: The rate of interest is 6% compounded monthly. Thus,  Firstly, compute the effective interest rate.…

Q: Suppose that the government is going to auction off permits equal to one third of total emissions in…

A: The additional cost incurred for the production of an additional unit is known as the marginal cost.…

Q: The transfer payment multiplier is smaller than the expenditure multiplier by the: O a. Transfer…

A: When talking about the multiplier impact of transfer payment and expenditure, it can be said that…

Q: Which of the following is not an implication of the EMH? a. to do superior industry or company…

A: The efficient market hypothesis (EMH) refers to an economic and investing theory that seeks to…

Q: Suppose an economy is described by the aggregate demand curve: M Y = 2000 +1.25 * G+2.5* P If Y*…

A: Potential GDP (Y*) is 6000 Actual GDP (Y) is 3% lower than potential GDP. Actual GDP (Y) = 6000 *(1…

Q: What makes a city a global city?

A: Answer is given below

Q: Acme Molding is examining 5 alternatives for a piece of material handling equipment. Each has an…

A: A B C D E Capital Investment 12000 12500 14400 20000 16250 Net Annual Income 2500 2520 3050…

Q: Statement: Under certain economic conditions (or, after certain economic shocks that move the…

A: The aggregate supply is the total amount of services and commodities that firms in an economic plan…

Q: an I see part A - D ?

A: he values provided in the question are; The year is 2018, Debt land’s GDP = $550 billion…

Q: Answer the following problems on clean sheets of paper. Show your solution. A company purchased a…

A: We have  Machine cost = 15000 Sales tax and shipping cost = 1000 Nonrecurring installation cost =…

Q: ou are the manager of a bakery that produces and packages bran buns. The bakery is a local monopoly.…

A: Given: Inverse demand function, P = 2-0.25Q Cost function, C(Q) = 1Q

Q: Question 6 Suppose a firm in a competitive market reduces its output by 20 percent. As a result, the…

A: A competitive firm is one that operates its business in market with high competition as all the…

Q: Espinoza has $1,000 in cash, he deposits the total amount in Legion Banc. How much can LegionBanc…

A: In the banking sector, when an individual deposited his money, the proportion of this money is used…

Q: A depository institution holds $131 million in required reserves and $9 million in excess reserves.…

A: We have  Required reserve RR = $131 million Excess reserve ER= $9 million Loans = $404 million…

Q: Home country has 1200 units of labor available while Foreign country has 800 units of labor. In Home…

A: Each country has different level of labor unit requirements for both the goods apples and bananas.

Q: Assume Morocco is currently operating with an unemployment rate six percent above its natural rate…

A: Unemployment Rate  The unemployment rate in the economy shows the rate of the labor force that is…

Q: You've estimated the market demand curve for the spice market as P=184 - 2Q. What is elasticity of…

A: Elasticity of demand depicts how much consumer responds with the change in the price level.

Q: Suppose all banks have zero excess reserves. The Fed buys bonds for $1 million and a bond dealer…

A: Here, it is given that the amount of $1 million is deposited in a bank that the bank loans out its…

Q: Suppose that a business incurred implicit costs of $250,000 and explicit costs of $500,000 in a…

A: The difference b/w a company's total revenue and the sum of its explicit and implicit costs is…

Q: Question 1 Discuss, by means of appropriate diagrams and explanation, the Keynesian liquidity trap.…

A: A liquidity trap is when money related arrangement becomes ineffectual because of extremely low loan…

Q: 9. The treasurer of XYZ Corp. knows that the company will need to borrow $100 million in one year…

A: Derivative refers to a contract that derives its value from the performance of an underlying entity.…

Q: hy don’t I need to ask you to solve for A’s best response? (d) Solve for the equilibrium outputs…

A: The cost is divided into two categories that are fixed cost and variable cost. The total fixed cost…

Q: Below are some data from the productions of milk and honey. i) Compute nominal GDP, real GDP, and…

A:

Q: Evaluate the following statement: "When it comes to public goods, individuals do not reveal their…

A: individuals of a society are known as 'public goods'. Public goods are 'non-rivalrous' and…

Q: стор The goverment report that (GDP) Increased by 1.6 percent in the last quater. This statement GOP…

A: GDP measures the market value of final goods and services produced by an economy during a given…

Q: Question 11 Refer to your answers to Questions 8 Will there be entry, exit, or neither by other…

A: We have given  Q Tc mc 0 6   1 10 4 2 15 5 3 21 6 4 29 8 5 38 9 6 48 10 The…

Q: In the analysis of the optimal level of a public good, suppose that each person's utility function…

A: In this question:- The utility function is quasilinear=U=UiG+Pi Where G is unique good which is a…

Q: Question 2 This diagram shows the market for cocoa. Equilibrium is currently at point x The market…

A: Speculation of future prices is one of the factors that can cause changes in the current demand for…

Q: Suppose all banks have zero excess reserves. The Fed buys bonds for $1 million and a bond dealer…

A: Required Reserve Ratio is the proportion of deposits that any bank keeps with itself to meet the…

Q: How, specifically, can customers evaluate the search qualities, experience qualities, and credence…

A: MBSC want to attract loyal customers. MBSC wants to provide amazing customers engagement, state of…

Q: make an item in-house, equipment costing $250,000 must be purchased. It will have a life of 4 years,…

A: Breakeven point is that point where there is no profit no loss or revenue is equivalent to expenses.…

Q: The Malaysian government had loosened the standard operating procedure (S.O.P.) in dealing with…

A: When the Malaysian government loosened the standard operating procedure then it implies an increase…

Q: Apparently, Keynes assumed stable prices regardless of the level of government money creation. Was…

A: When talking about Keynesian economics, it can be said that this theory is primarily applicable…

Q: QUESTION 7 The federal government is planning to clean up the Great Pacific Garbage patch. It will…

A: Given; Cost of cleaning program in year 1= $2bn Cost of cleaning program in following year= $1bn…

Q: Q1. Consider the adverse selection model, where the ability of each worker, 0, can be 1, 2 or 5.…

A: Ability of each worker = 1, 2,or 5 Probability associated to each = (1/3,1/6,1/2) Reservation Value…

Q: Explore the role of demand curves and the price elasticity of demand.

A: Elasticity of demand is the responsiveness of quantity demanded due to change in price or other…

Q: Consider the economy of MadibazVille MadibazVille does not trade with the rest of the world. [Note:…

A: In a closed economy:- GDP=Y=C+I+G here Y=3K0.5L0.5 C=150+0.75Y-T I=210-5r G=500 K=1600 L=81 and…

Q: What is the cost-effective solution for abatement of toxins by firms All firms should abate until…

A: Since, the cost effective solution for the abatement of toxins by firms means how the firms adjust…

Q: How Product Differentiation of Food and Beverages affect the economic of a country?? Explain.

A: Product differentiation is a marketing approach used to set a company's goods or services apart from…

Q: What is the concept of diminishing marginal utility of consumers? How consumer use Marginal Rate of…

A: "Marginal utility represents the addition to the total utility from consuming one more unit of the…