Which of the following items is an example of using a public good? O A. playing frisbee with some friends at the park O B. stopping at a red light O C. surfing the Internet O D. fishing in the ocean

Q: An amusement park has 1 000 visitors every Saturday and charges $55 per person to enter the park. Re...

A:

Q: y could a monopolistically competitive market be considered inefficient? ct an answer and submit. Fo...

A: In a monopolistic competitive market there are large number of firms producing similar but not ident...

Q: 2) Assume: Q(S) = 3P; Q(D) = 200 -P %3D a) What is the equilibrium P and Q? Explain b) If there is a...

A: We can find equilibrium by equating supply equal to demand i.e. Q(S) = Q(D)

Q: 15) For any cost function, you can find min ATC by etting ATC = and solving for q. %3D

A: Average total cost = total cost/ quantity

Q: A man is considering investing P500, 000 to open a semi-automatic auto-washing business in a city of...

A: Dear learner you have posted a question with multiple sub parts, as per our policy we have solved on...

Q: Consider the following cost information for a pizzeria: Quantity Total Cost Variable Cost (Dozens of...

A: Fixed cost is the cost of production that doesn't vary with the level of production and exits even w...

Q: Susan has the option to purchase eyeglasses, E, $3 each, and orange juice, O, $1 each. Her income is...

A: Budget line is the price line shows the various combinations of two goods that can be bought with gi...

Q: What is the future worth of P600 deposited at the end of every quarter for 4 years if the interest i...

A:

Q: In comparing alternatives I and J by the present worth method, the equation that yields the present ...

A: The correct answer is given in the second step.

Q: Provide an example of a direct quote of an exchange rate

A: In the foreign exchange market, a direct quote is a rate quotation. It compares the value of one uni...

Q: A firm has leased plant and equipment to produce video games, which can be sold in unlimited quantit...

A: The amount of money spent on developing and selling products and services, as well as acquiring asse...

Q: ial cost, $ nual income, $ per year -150,000 -250,000 20,000 40,000 nual expenses, $ per year 24 -9,...

A: For alternative ‘J’ Given, Initial cost = -250,000 Annual income = 40,000, Annual expense = -14,000 ...

Q: In Virginia, in 2019, if you made $10,000 a year in income, you paid $120 + 5% of excess over $5,000...

A: A tax is a necessary fee or a type of monetary charge that is imposed by a government on a person or...

Q: yeal, and fill in the table. (Round your answers to two decimal places.) Year Nominal GDP Price inde...

A:

Q: Why is price fixing (collusion) among firms so bad? Give an example using a case, highlighting what ...

A: Price fixing among firms is awful on the grounds that the organizations get to set a counterfeit inv...

Q: the cell phone company buys iphones at php 24,000 expenses are set at 17% of the selling price in th...

A: Analysis of the question:- The cell phone company buys iphones at php 24,000  Expenses are set at 17...

Q: benefits does Uruguay enjoy by being a part of the Mercosur

A: What benefits does Uruguay enjoy by being a part of the Mercosur regional economic integration bloc?

Q: You are an employer seeking to fill a vacant position on an assembly line. Are you more concermed wi...

A: In the labor market, an employer needs to make decisions whether to employ one more unit of labor or...

Q: The imposition of a minimum wage tends to a. create deadweight loss. O b.cause unemployment. O C. ha...

A: The lowest level of remuneration or price floor that is being paid to employees for doing the work o...

Q: ad suppose that The firm with flexible prices follow p =P+a(Y – Y), The firm with sticky prices foll...

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first three question for you....

Q: 4. Nimbus, Inc., makes brooms and then sells them door- to-door. Here is the relationship between th...

A: Given, A Worker cost (Variable cost) = $100 Firm's fixed cost = $200 Therefore, Total Cost (TC) = Fi...

Q: A plane carrying food and water to a resort island can carry a maximum of 27000 pounds and is limite...

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Q: Does it make sense that the definition of macroeconomic equilibrium allows the existence of involunt...

A: In an economy, macroeconomic equilibrium refers to the situation when economy is having equal aggreg...

Q: A: How can explain the micro economics in this advanced age? B: Define the term production?

A: Answer for A part:

Q: 2014 225 193.75 2015 280 235 2016 325 268.75 2017 300 250 s the marginal propensity to consume (MPC)...

A: The marginal propensity to consume is characterized as the extent of a total salary increase that a ...

Q: Suppose the economy currently has an inflation rate of 7%. Moreover, the slope of the economy's Phil...

A: For a classical model of Phillips Curve we assume that the production function in economy is only a ...

Q: Which of the following is a reason that consumption depends on current income, and not just on total...

A: The connection between the consumer spending and the different factors that influence it is known as...

Q: true or false When marginal product is zero, profit is at its maximum level.

A: Marginal Product is the change in the total product when the input employed changes by 1 unit. So if...

Q: 10.5 (LG 10.4) The following data are available for two mutually exclusive projects: Project A Proje...

A: [a]Benefit/ cost ratio:-Benefit = Project A = 17,000,000  Project B = 17,000,000Cost = Project A = 5...

Q: In the BOP accounts, what are the four basic components of the current account? How can information ...

A: Four basic components of current account in BOP include: Goods  Services Income and  Current transfe...

Q: Suppose John spends all income on video games and pizza. Suppose the price of video game decreases a...

A:

Q: Which best describes why the multiplier exists? When people spend money, that money ends up in the p...

A: Multiplier is an economic term which shows that an input widens the effect of other variables. 

Q: Production, Costs, and Perfect Competition: Firm in the Short Period a. data (1) K = 7 and the price...

A: We have given that the firm is in short-run and capital is fixed at k=7, the Q Output Labor L 0...

Q: The Food and Drug Administration (FDA) is the arm of the government that implements safety in the fo...

A: Redistributive policies are those that transfer resources from one party to another. Eg, food stamps...

Q: Let's examine the role of taxes in the Solow-Swan model. Imagine that the behavior of an economy may...

A: a) We have a production function, Yt=KtαAtLt1-α Here, the At is a To convert all equations in the pe...

Q: Why is a​ Cobb-Douglas production function useful for analyzing economic​ growth?

A: Economic growth is defined as an increase or improvement over time in the inflation-adjusted market ...

Q: What is relationship between social welfrare and economic growth ?

A: Social welfare refers to the concept to study about. The betterment of the whole society in terms of...

Q: Aidan and Celina are the only sellers of Jack Russell terrier (JRT) in Antigua. Celina chooses her p...

A: For celina, quantity of aidan is given is q2  

Q: What are the annual payments necessary to pay a $100,000, 12-year loan if the loan rate is 8 %

A: The loan rate is defined as the rate of interest at which the loan is paid to the bank. It means the...

Q: 3. Break-Even Point moldon9 A perfectly competitive firm has this long-run total cost function: ito ...

A: Break even point occurs when total revenue is equal to total cost. TR = TC P*Q = TC ..... (1) Now, d...

Q: Ellen's total cost is; C = 100+ Q² The market price of eggs is: P = 20 d. Find the equations of marg...

A: Total Cost : C=100+Q2 Price=20   a. Marginal Cost is the change in the total cost due to the change ...

Q: How did John Maynard Keynes economic theory influence the 20th Century fiscal policy?

A: Fiscal policy: - it is a tool of the government of a country in which the government adjusts its spe...

Q: Which of the following is an example of a market inefficiency created by a monopoly? O Economies of ...

A: The correct answer is  D. Deadweight loss  It is the market inefficiency created by monopoly because...

Q: Which of the following situations best exemplifies a relationship between nations that results from ...

A: The process of the combination of inputs into outputs in order to make products or services for cons...

Q: When a nation concentrates on a certain production activity based on a specific resource, which of t...

A: The nations around the globe tend to have a limited amount of resources with them, which is the basi...

Q: Q1) A restaurant uses 3000 kg of meat each month.  The restaurant is replenishing the meat using an ...

A: Given: A restaurant uses = 3000 kg of meat each month The EOQ value of = 2000 kg The interest rate i...

Q: 0*Y+ 100 0*Y+ 80 0*Y+ 80

A: Given that, MPS is 0.80 Autonomous consumer spending is 100, We have to calculate aggregate consumpt...

Q: Investments require savings. Which of these is not a component of investments in a country's economy...

A: Investments are defined as the production of those goods and services that are used to produce other...

Q: Dalia owns a small coffee roasting firm in Manchester. She is in a monopolistically competitive mark...

A:

Q: True or False? In the presence of a positive externality, a Pigouvian subsidy results in less consu...

A: Positive externality refers to the situation when the action of an individual contributes positively...