Which one of the following is the most likely to be associated with an increase in the incidence of poverty?

Q: Suppose the market for apples is perfectly competitive. The short-run average total cost and margina...

A: A perfectly competitive firm is a price taker. It accepts the market price as given.

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Q: A certain masonry dam requires 500,000 cu.m. of gravel for its construction. The contractor found tw...

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Q: For the following questions, make use of provided information. Since the peak of the pandemic shutdo...

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Q: The government of the country Excel provides a large number of grants for scientists to research new...

A: Explanation The government of the country Excel offers a huge number of grants to scientists who are...

Q: Define the Perfect Bayesian Equilibrium (PBE).

A:

Q: Consider the market for trees in a public park. These trees are a public good that give benefits to ...

A: a. Without the involvement of the Government, each group will set their marginal willingness to pay ...

Q: cr+1 Consider the money supply Ms=mxB , m= cr+rr Assume that the demand for real money is given by t...

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

Q: 7. A firm encounters its 'shutdown point' when

A: To find : When do firm encounter it's shutdown point. 

Q: Figure 3 shows a country's domestic market for a good. There is perfect competition. The supply curv...

A: The structure of market where buyers and sellers possesses full information about market and there a...

Q: Octopus has 5RL (Right Legs) and 3LL (Left legs) Will only wear matching shoes on all 8 legs   Ut...

A: An optimal consumption bundle is such a bundle that is on the point of tangency between the interfer...

Q: Consider a small economy with only 2 banks, DSB and TKB, in the banking industry. Both banks have to...

A:

Q: Which of the following statements is correct regarding the model of the labour market? A) Labour-sa...

A: When talking about labor market, it is the place for workers and employers who interact with each ot...

Q: Which of the following is (are) likely to lead to increased capital inflow into Canada? O a. All of ...

A: Capital inflow in Canada refers to the situation when Canada receives Capital or financial investmen...

Q: Consider a two-period model in which you work and save in the initial period (period 0) and live off...

A: r= 0.5 Y0= $250,000 Y1= $0

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A: The output produced by the country is less than the potential output so there is a contractionary ga...

Q: Which one was not one of the arguments in support of creating a monetary union in the EU (Eurozone)?...

A: The European Union is the agreement between 27 countries of Europe, that are agreed upon free moveme...

Q: 5. A ceramics manufacturer sold cups last year for P7.50 each. Variable costs of manufacturing were ...

A: The term “income statement” refers to a financial statement that shows the net income produced from ...

Q: When are you are you expecting companies to produce in the short run? A. costs equal equal revenue ...

A: A firm tends to earn positive profits when its  earned revenues can cover its total costs.

Q: The utility function of a consumer is given as follows. U(x, y) = x?y3. MU, = 2xy and MU, = 3x?y?. a...

A: Utility function of consumer:- U(x,y) = x2y3  MUx = 2xy3 MUy=3x2y2

Q: 6. Alex Miller, Inc., sells car batteries to service stations for an average of $30 each. The variab...

A: Since you have posted a question with multiple sub parts, we will solve first three subparts for you...

Q: Jake buys a used Harley-Davidson motorcycle for $2,500. He spends an additional $950 installing bran...

A: Cost of used bike = $2500 US made tale pipes cost = $950  

Q: A manufacturer sells two products, A and B and had raised the prices of the two products recently to...

A: In economics, price elasticity of demand is a measure of the change in a product's consumption when ...

Q: How can a central bank decrease the money supply? O a. By selling securities O b. All of the answers...

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Q: Productivity is measured as   The dollar value of a worker’s hour of work. An increase in the GDP of...

A:   Meaning of Microeconomics: The term macroeconomics refers to that situation under which the econom...

Q: Suppose a monopolist faces the demand curve and cost curves shown below. MC ATC Demand MR Quantity F...

A: A monopoly is a singler seller in the firm, due to which it has market power to charge price greater...

Q: Consider the demand function D(p) = 99.0 - 4.0p. When the price changes from p1 = 4.0 to p2 = 8.0, w...

A: Consumer surplus refers to the area above the price and below the demand curve. It is the difference...

Q: Question 6. PDO company specializes in rapid parcel delivery. Cross sectiohal regional "hubs" were u...

A: The demand equation is P=66Q-1/3           .... (1) MC=2 Where P is the price per pound and Q is qua...

Q: According to Marshall, the basis of consumer surplus is Law of diminishing MU

A: To find : What is basis of consumer surplus. 

Q: Suppose market demand for oil is Q(P) = 100 - 0. 75P where Q is billions of barrels (BBL)or oil per ...

A: According to the question ; Q(P) = 100 - 0.75 P MC (Q) = 7Q2 - 3Q + 6 or  Yearly Market Demand : Q =...

Q: In a small town in North India where winter temperatures are very low, the demand function for a tru...

A: The demand functions for a truckload of firewood: College students: Qc= 400-p Rewriting the demand f...

Q: Price MC, =S Qe Figure 10 Demand and supply curves Qs Quantity Towards the right of Figure 10 are tw...

A: Subsidy refers to the sum of money that the government provides the suppliers or producers of a cert...

Q: 10. A job-search model of the natural rate of unemployment This question refers to the job search mo...

A: Here, given information is: Separation rate (s)= 0.03 Job finding rate (f)= 0.12 Labor force= 200 m...

Q: Why culture Ma

A: Culture is the entirety of our way of life and character. Initially is can be said that, culture is ...

Q: What implication does resource scarcity have for the satisfaction of wants?

A: To find : What do resource scarcity fo for satisfaction. 

Q: Explain the term "marginal rate of technical substitution." (Assume a two-input production function....

A: Marginal rate of technical substitution examines the ratio of the marginal products for the two inpu...

Q: • S = -1250 + 0.4 Y, I= 750 – 1600i • Ms= 1100, Mt = 0.15Y and Mp = 0.10 Y • A. Calculate Y eq, S, I...

A: Consumption expenditure refers to the amount of money consumers spend on goods and services, and spe...

Q: Use the 3-equation model diagrams to show how the economy can fall into a deflation trap. Explain, w...

A: A deflationary trap, according to Yasushi Iwamoto, an economics professor at the University of Tokyo...

Q: For the following questions, make use of provided information. Since the peak of the pandemic shutdo...

A: Increasing the interest rate would only attract customers who are willing to invest and like to incr...

Q: Please draw a change that raises the final incomes of the poorest households, but doesn't raise tota...

A: To raise the final income of the poorest without changing the spending, the new policy line must cut...

Q: 9. Which of the following is not a characteristic of a 'price taker'? TR = P Y O

A: To find : Which is not characteristics of price taker. 

Q: If one Canadian dollar buys US$0.85, and one Euro buys US$1.20, then one Euro should buy O a. C$1.02...

A: Given CAD/USD rate = 0.85 $ EUR/USD rate = 1.20 $  

Q: Suppose market demand for oil is Q(P) = 100 - 0. 75P where Q is billions of barrels (BBL)or oil per ...

A: Yearly Market Demand : Q = 100 - 0.75 P  => P = 133.33 - 1.33 Q  Marginal Cost = 7Q2 - 3Q + 6  To...

Q: uppose a workers' union managed to sign a new wage contract with the employer for a 5% ominal wage i...

A: Nominal wage refers to the actual money that is earned while Real wage is the sum of nominal wage an...

Q: The following utility function indicates homothetic preferences: U (x, y) = In(x) + 3 ln(y) + 2

A: A utility function indicates homothetic preferences when MRS depends on the ratio of two goods.  For...

Q: shortage or surplus? Explain. 2. If the number of cases increased, what would be the resulting graph...

A: If importation fee is increased then the price of vaccination will also rise as the supplier needs t...

Q: Excess capacity is not found under

A: To find : In which case excess capacity is not found. 

Q: 1. Two interesting public goods are radio and television signals. A. In the U.S., private markets ha...

A: The two broad categories of goods are :- (1) Public goods (2) Private goods

Q: 3. Based on the best available econometric estimates, the market elasticity of demand for your firm...

A: Given that, Elasticity of demand of your firms is -2 Marginal cost is constant at $50 a) Optimal per...