Which of the following statements are normative or positive? Explain your answer. Unemployment rate will increase for the next quarter. People should order take away to stay healthy during pandemics. Microsoft’s Windows is the most widely used computer operating system in the world

Q: Suppose that the following utility function is given U(X, Y) = -X¯1+Y¯1. Which of the following corr...

A:

Q: The producer is in equilibrium at a point where the cost line is Above the isoquant

A: To find : When producer is in equilibrium at point 

Q: what is the long run effects of a permanent increase in aggregate real money demand on exchange rate...

A: The money demand curve shows the negative relationship between the interest rate and output. It mean...

Q: Site for 2 research works that have used interviews and/or focus groups as a data-gathering tool. In...

A: The use of qualitative research in dentistry is becoming more common. The most prevalent qualitative...

Q: A plant erected to manufacture socks has a first cost of 10,000,000 with an estimated salvage value ...

A: The periodic contribution can be calculated with the following formula   P = Depreciating amount x R...

Q: Define the three principles of sound tax system (Fiscal Adequacy, Equality or Theoretical Justice, A...

A: The tax system is defined as a principle-based system of legally regulated public relations that ari...

Q: Consider the following measures and draw a suitable supply-demand diagram for each. In addition to t...

A: Demand and supply In perfect market competition the optimum quantity is produced where the demand cu...

Q: If the marginal cost MC = 5+4Q , and the fixed cost is %3| 4, what is the total cost function?

A:

Q: The consumer gets positive benefits from consuming bread (B) and cake (K). Consumer utility is as fo...

A: MRS = MUBMUK  = 20*2 B K20 B2=2KB Price ratio: pBpK = 200400 = 12 Budget Constraint: pB*B + pK *K = ...

Q: If $1000 is invested annually at 6% continuous compounding for each of 10 years, how much is in the ...

A: Given Annual deposit A=$1000  r = 6% continuous compounding Time period n=10  

Q: Question 39 Consider the table below. The addition of worker number is when the firm first experienc...

A: Answer 39) The figure attached below computes the total product at labor 3 by adding total product a...

Q: Assume there are 200 million television sets in the US and one quarter are replaced annually. Also 5...

A: According to the question, There are 200 million television sets in the US One quarter are replaced...

Q: The primary purpose of the regional economic bloc originally created by Brazil, Argentina, Paraguay,...

A: This regional bloc is called Mercosur.  Option C  

Q: 7.2 (LG 7.2) Maryhill Mines has a pelletizer that it is considering for replacement. Every three yea...

A: Introduction:- The pelletizer gadget, which changes over the item into pellets of different shapes a...

Q: Let u(x1, x2) be a regular definite bend-down function (DKAB-RSQC). If μ(x1,x2) = ψ(u(x1,x2)) and dψ...

A:

Q: A 2¾ percent TIPS has an original reference CPI of 185.4. If the current CPI is 210.7, what is the p...

A: Original CPI=185.4Current CPI=210.7Now,Par value=Current CPIOriginal CPI×1000Par value=210.7185.4×10...

Q: 7. A firm earns economic profit when total profit exceeds

A: To find : When firm earn economic profits 

Q: Under which market structure, average revenue of a firm is equal to its marginal revenue

A: To find : Under which structure, average revenue of a firm will be equal to it's marginal revenue 

Q: 22. In the case of a Giffen good, the demand curve will be A. O Horizontal В. Downward to the right ...

A: Giffen goods do not obey the law of demand which states that as price increases, quantity demanded f...

Q: QUESTION 19 The competitive market price of long-haul trucking is $3 per ton-mile. Red Raider Trucki...

A: Answer: Given, Total cost function: TC=29.6875+1.75Q+0.025Q2 Marginal cost function: MC=1.75+0.05Q P...

Q: How to convert daily interest rate into monthly interest rate?

A: Calculating the annual equivalent of a daily charge or per diem interest, or compounding annual grow...

Q: QUESTION 6 An increase in the price of a complement would make the curve shift to the CA supply and ...

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

Q: The market for drones is perfectly competitive. Assume for simplicity that fractions of everything, ...

A: The average total cost is calculated by total cost divided by the total quantity produced.  ATC = TC...

Q: 3. Assume that you are an economic consultant. The firm that hired you has provided the information ...

A: Here, the information related to price, quantity and cost of a  firm is given by the economic consul...

Q: Some economists say that profit earner is a kind of

A: To find : What is  profit earner type 

Q: This person earns $1000 of income today and $2000 income next year. Point C represents his consumpti...

A: To find : Consumption of next year

Q: Denmark pegs its currency to the euro. Even though Denmark opted not to join the single currency in ...

A: In  a type of government like democratic government, it has been seen that there is the contribution...

Q: The marginal social cost of producing a good or service is the A) cost of producing an additional un...

A: The change in the total cost of production that comes from the production of one additional unit is ...

Q: f the Real GDP of county A grew by 4% last year, and the po tandard of living in country A: ) Improv...

A: Real GDP measures the changes in the production of goods and services based on the base year prices....

Q: A decrease in the demand for eggs due to changes in consumer tastes, accompanied by a decrease in th...

A: The demand curve is a graph that depicts the quantity of an item that all consumers are able and wil...

Q: The first cost of a certain piece of equipment is $50000. It will have an annual operating cost of $...

A: Given:- Equipment Initial cost=$50,000 Annual operating cost=$20,000 Salvage value=$5000 Equipment l...

Q: What has happened to the rate of productivity growth over the past 50 years? How might you explain...

A: Rate of productivity growth has slowed down over the past 50 years.

Q: 9. Consider a no-trade-to-free-trade liberalization with a pro-competitive effect and the expected t...

A: Since the question you have posted consists of multiple parts, we will answer the first two parts fo...

Q: Surplus refers to the amount of Select one: O a. All of the options. O b. amount of utilization. C. ...

A: Surplus is usually used in economic context in areas like consumer surplus, surplus wage, producer s...

Q: Discuss the features for assisting the growth process of nations towards becoming developed economie...

A: Economic growth is the process by which a country's wealth grows over time. Although the term is fre...

Q: Signaling (1 of 3) Suppose that 10 percent of workers are low-productivity types and 90 percent of w...

A: Disclaimer “Since you have asked multiple questions, we will solve the first question for you. If yo...

Q: The market for drones is perfectly competitive. Assume for simplicity that fractions of everything, ...

A: Perfectly competitive market: - it is a market condition where there are many buyers and many seller...

Q: Profesör Çabuk homotetik bir fonksiyonu γ’ıncı dereceden homojen bir fonksiyonun monotonik artan bir...

A:

Q: 30. The producer is in equilibrium at a point where the cost line is A. O Above the isoquant B. O Be...

A: Answer: Equilibrium occurs where the total cost line is tangent to the isoquant. At the tangency poi...

Q: What is the impact of recession in our economy?

A: The economies around the globe have a limit to the amount of resources available with them. The want...

Q: 24. An isoquant slopes A. O Downward to the left B. O Downward to the right C. O Upward to the right...

A: "Correct option is B."

Q: Select the correct statements. Note: Multiple correct, multiple selections. Topics covered: Stackelb...

A: The Stackelberg leadership model is an economics strategic game in which the leader firm moves first...

Q: R-61 [Review Question] I. F=A(F/A, 1%, 6) II. F=A(F/A, 1%, 5)(P/F, 1%, 1) III. F=A(P/A, 1%, 5)(F/P, ...

A: Given information: Annuity = A Years = 6 Interest rate = %

Q: A general has the two possible pure strategies, sending all of his troops by land or sending all of ...

A: "Statement is FALSE."

Q: You are the economic advisor of the ruler of Pongo.  Suppose the people in the country of Pongo love...

A: Answer -

Q: The case for free trade is strong but the losers need more help. Which statements below are true? -T...

A: Many analysts have focused on the economic hardship that will be felt by both sides as a result of t...

Q: 20. If there are implicit costs of production

A: Economic profit will be lower than accounting profit if there are implicit production costs. Total r...

Q: Frank agrees to lend his friend Sammy $1000 for one year so that Sammy can buy a new computer. Suppo...

A:

Q: The goal of this question is to have you use a model to determine the socially optimal provision of ...

A: Introduction 1 free to air signal is a public good or not? yes it is a public good. 2 If free to air...

Q: Refer to the information provided in Table Table Aggregate Output Aggregate Consumption Planned Inve...

A: The portion of each of the additional extra income of a household that is being spent or consumed is...