Which of the following is not a characteristic of a natural monopoly? Group of answer choices demand is perfectly elastic economies of scale a single firm can supply the entire market at a lower cost than two or more firms the MC curve never crosses the AC curve

Q: What is regressive and degressive tax?

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Q: What are cannons of taxation?

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Q: T5

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A: We are going to use uncovered interest rate parity formula to answer this question.

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A:

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A: Given information Aggregate demand function P=6-0.2Y Aggregate supply function P=1+0.15Y

Q: Which of the following is the BEST example of a firm operating in an oligopoly market? Group of…

A: This market arises when a small number of significant manufacturers or merchants hold a considerable…

Q: Calculate the desired excess reserves ratio for the whole economy.

A: Total demand deposits in the economy = Demand deposits at Bank One + Demand deposits at Bank Two…

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Q: Question A10 The following diagram shows a firm operating in a perfect labour [ market where the…

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…

Q: Consider a monopolist facing Demand, Marginal Costs, and Marginal Revenue as illustrated in the…

A: Here, the given graph shows the sketch of a monopoly market where a monopolist is facing the given…

Q: To answer this question, you will want to work out the answer using a graph on a piece of scratch…

A: For any market the equilibrium condition is given as: MR = MC, but since the monopolist faces the…

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A: Large infrastructure has long served as a metaphor for progress. If it is supported by the creation…

Q: Let's say that consumer credit balances are low, leaving lots of money to spend --way more than in…

A: Consumer credit is a type of personal debt used to buy goods and services. One type of consumer…

Q: According to Friedman, in which of the following situations is the economy in long-run equilibrium?…

A: Slow economic development and relatively high unemployment, sometimes known as economic stagnation,…

Q: Individual A Cooperate Defect Individual B Cooperate 28, 28 34,8 Defect 8,34 12, 12 Suppose…

A: Economic matrix models, or at least, models of economic units built in equivalent worth files, are…

Q: 13.2 Practice Problem 1 (algo) The Bank of Canada buys a 35000 bond from a member of the public when…

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Q: Please draw four AD/AS diagrams (t-0,1,2,3) to show how the Covid-19 pandemic has affected our…

A: Aggregate Demand and Aggregate Supply  Aggregate demand refers to the entire amount of demand for…

Q: Because there are a small number of firms, the firms are interdependent so that each firm’s actions…

A: Oligopoly is the market structure in which there are few large firms in the market. Each firm has…

Q: (a) How many quantities of output should the firm produce? b) How many quantities should be sold to…

A: The monopolist maximizes its profit by selling the amount of quantity where MC=MR for that quantity…

Q: QUESTION 3 P 20 16 12 8 4 HIN D 0 0 4 8 12 16 20 24 S 03. Assume a $4 sales tax is imposed on this…

A: We need to calculate Price elasticity of Supply and Demand to answer this question

Q: Which of the following statements about business cycles is true? The results of this activity will…

A: The measure that depicts cyclical upswings and downswings in the level of economic activity with…

Q: Which of the following statements is NOT true? O the benefits of economic growth may be passed on to…

A: Economic growth is the rise or improvement in the market value of goods and services after…

Q: A small print shop is investing in new printing equipment that will cost $30,000. They estimate that…

A: Given that :- New printing equipment cost $30,000 Additional revenues for every of the next 6 years…

Q: An econometrician finds the following estimates of the relationship between the price of tomatoes -…

A: INTRODUCTION: MARKET POWER: Market power refers to the flexibility of a firm (or group of firms) to…

Q: f the economy exhibited an inflationary gap, the government should follow a(n) olicy, which would…

A: Inflationary gap occurs where the aggregate demand exceeds the level of output. Government has to…

Q: Adrian pays #547197 cash and the balance in 33 quarterly payments of 29229 for a house and lot. If…

A: Step 1 - Information Cash payment  = 547197   Quarterly payment = 29229   Number of quarterly…

Q: city has lots of small shops where people can buy sweaters. Each store's sweaters reflect the style…

A: Perfect competition is a market where there are an enormous number of firms, each selling…

Q: Imagine that technology gets better, so that production is faster and makes fewer mistakes, just…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Olivier Blanchard, the French economist and the previous chief economist at the International…

A: The Taylor Rule, in economics, helps the central bank in the determination of interest rates and how…

Q: What are cannons of taxation?

A: The administrative components of a tax are referred to as canons of taxation. They have to do with…

Q: 18. Which of the following is an example of Common Resources a) automobiles b) bridge c) fish in the…

A: Common resources are those goods that are non-excludable and rival in consumption.  Non-excludable…

Q: Which of these is an alternative to monetar policy and aims to reduce inflation? a) reduce the…

A: Monetary policy is that policy which is used by government to control the economy. It means the…

Q: Consider the following Extended Form Game: 04 02 01 A' 03 (9,5) A P2 P1 B' A' B (5,2) (8,5) A (1,6)…

A: To determine the number of subgames, we will use the extensive form representation to define the…

Q: Discuss the socially optimal quantity of a public good? Explain using a diagram.

A: The public goods are non-rivalrous (if one consumes then it doesn't decrease its availability to…

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A: differentiation of price function with respect to Q dp/dQ=2Q+2 2Q+2=0 2Q=-2 Q=-1 demand= supply…

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A: given that,  GM model first cost $36000 GM model operating cost is $4000 GM model, salvage value…

Q: What is progressive tax? Write its merits and demerits.

A: A tax is described as one that the government imposes on citizens who participate in the economy in…

Q: The Chief Financial Officer (CFO) of a transnational company plans to build a new production site…

A: Bonds are utilized by corporations and governments to give debt. Investors purchase these bonds to…

Q: a. A certain sum of money amounts to 7/4 of itself in 3 years. The simple interest rate is? b. The…

A: Simple interest means the cost of borrowing.

Q: What’s economics?

A: Microeconomics is the study of specific economic units. An area of economics called macroeconomics…

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A: Given, Capacity = 4000-pound Electricforklift P = $−30,000 n = 12 years AOC =$−1000 per year; S =…

Q: Plz correct option

A: Unemployment rate represents the percentage of the total labor force that is unemployed but are…

Q: A = Banks E= Non-Bank Public K= B = , F = Assets ,J= Securities (A) Loans to Banks (C) The above…

A: INTRODUCTION: BANKS: A bank is an economic organization certified financial institution that…

Q: Net Income can be found on each of the following statements EXCEPT which one? A. Balance Sheet B.…

A: INTRODUCTION: NET INCOME: Net earnings (NI), additionally referred to as internet earnings, is…