Which rules are followed to be a successful entrepreneur?

Q: Understand how to interpret exchange rate movements and determine whether or not an exchange rate…

A: Exchange rate fluctuations can substantially impact the economy, your finances, and your purchasing…

Q: c) Show that the following production function exhibits increasing returns to scale Q = 20K*L² Where…

A: Returns to scale is a long-run concept, during this time interval both the capital and labor can be…

Q: Determine the unique Nash equilibrium by eliminating dominated strategies

A: Player 2         E F G   A 2,3 2,2 2,0 Player 1 B 3,2 5,3 4,3   C 4,3 1,1 3,3   D 1,2…

Q: You are self-employed profit maximization consultant, specializing in different market structures,…

A: Perfect competition is when the market functions in such a way that a large number of producers and…

Q: The imposition of a tariff on a product is least likely to result in a(n) O increase in the price of…

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Q: If the demand for money exceeds the available supply, it can be expected that: O the money supply…

A: Money supply is the currency available in economy as liquidity.

Q: Macroeconomics 1. Disruption to the supply of natural gas to Atlantis has caused a surge in energy…

A: Inflation refers the continuous surge in the price level in an economy. As per given information…

Q: 4/ Julieta and Eric are purchasing a home. They wish to save money for 15 years and purchase a house…

A: When you borrow money or put money into a savings account, compound interest (also known as…

Q: a) If a business has a long-run cost (TC) function given by TC = aq^3 – bq^2 + ca where q = the rate…

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Q: Support your answer with calculations please. Suppose an economy in which the public holds 10% of…

A: We know that the monetary base is the sum of currency C and reserve R MB=C+R             .... (1)…

Q: Refer to Table 7.9 and Figure 7.7 above. What is the marginal gain in output from increasing the…

A: Answer to the question is as follows:

Q: Reference the cash flows shown below. Pick the best alternative using the ERR method. MARR= 15%. e=…

A: The Economic Rate of Return is defined as the rate calculated from the Cashflow of an investment,…

Q: A well-known bank has specialized in adjustable-rate mortgages. They have originated 7 billion USD…

A: Interest rate: It refers to the rate that has been provided by banks when they lend money, The…

Q: a) Consider the following game: Player 2 E | Player 1 F G 2,3 3,2 4,3 1,2 2,2 5,3 2,0 4,3 3,3 4,4 A…

A: To find the Nash Equilibrium, we use the best response of each player.   When Player 1 plays A, the…

Q: Aesd ts emoveag There can be at least one input for production which can be considered as fixed in…

A: Short run refers to the period of time in which certain factors of production are fixed while others…

Q: (a) Reference the cash flows shown below. Pick the best alternative using the ERR method. MARR =…

A: The economic rate of return (ERR) is a simple rate determined from an investment's cash flow that…

Q: Multiple 1) The theory that firms will be slow to change their products' prices in response to…

A: 1.)  The theory that the firms will be slow to change their prices in response to changes in demand…

Q: Jarviland is a small country with only two sectors: microchips and computers. This year, the total…

A: Given: The total revenue of the microchips sector is = ₤3 billion The revenue from sales to the…

Q: Compare placing a tax on gasoline to a mandated increase in the average fuel efficiency of each car…

A: The demand curve shows the association between the amounts of commodity demanded by the consumer at…

Q: good a and b are perfect compliment i spend 80usd to buy them monthly, the price of the 2 goods are…

A: (Q) good a and b are perfect compliment i spend 80usd to buy them monthly, the price of the 2 goods…

Q: Nongovernmental organizations (NGOS) are not uniform in their position on international trade.…

A: NGOs significantly facilitate the flow of information in global governance. They provide information…

Q: (i) Using IS/LM diagram explain the likely effects of a fiscal expansion financed by government…

A: IS -LM  Model depicts the short run equilibrium points where both the goods and money market are in…

Q: Table 6 Pricing Strategy Scenario First Period Price Choice Table 6 First Period Profit (High or…

A: In this game there are two option for both the players that is the price choice either they can set…

Q: 3 1. A consumer has the utility function U(x,y) = 2x y where x and y represent the quantity consumed…

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Q: 2. During a recession, people may lose their jobs. Newly unemployed people must conserve their…

A: Recession is a time period in the economy when there is a continuous fall in the output.

Q: Discuss how channel members interact and how they organize to perform the work of the channel.

A: Meaning of Market: The term market refers to the situation under which the producers or the…

Q: Explain the IS schedule, and how the IS curve is derived in a Closed Economy.

A: IS Schedule The IS curve illustrates all interest rate and production or GDP levels where total…

Q: EXPLAIN 2 ways of how should the decision maker incorporate forecast error?

A: A forecast error is simply the difference between the actual and forecasted value of any time series…

Q: Structural unemployment occurs because A. it takes time for workers to search for the jobs that best…

A: A person is said to be structurally unemployed when he/she lost a job because of a mismatch between…

Q: 3.2 Consider Ozark-go (Z) and Comcast (C) to be a duopoly for internet service in Fayetteville area.…

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Q: a) Consider 2 firms competing on price choice and facing the following market demand functions: 9…

A: We are going to find optimal price and profit to answer this question.

Q: consider an exchange economy with 2 goods (1 and 2) and 2 consumer (A and B). a bundle with x units…

A: Competitive Equilibrium refers to the allocation of goods in a market where pareto efficiency is…

Q: According to the Simple Deposit creation model if the Fed conducts an open market sale of $400…

A: Since you have posted multiple question, we will answer the first question for you. If you want any…

Q: After graduating from college in 2010, Art Major's starting salary is $35757.00. Suppose Art Major…

A: Here, it is given that Art Major has the salary of $35757.00 in 2010 and the table gives the…

Q: You’re dreaming of what to do during a nice summer day. You could mow the lawn which you would pay…

A: Opportunity cost is defined as the benefits an individual, business, or investor forgoes when he/she…

Q: Brian likes going to the cinema more than watching football. Anna, on the other hand, prefers…

A:

Q: Calculate total profits in this hypothetical economy: Units of capital: 100 Units of labor: 200 W:…

A: Ans. Total profit is the difference between total revenue and total cost.       Total profit = Total…

Q: Deteremine the level of quantities bought and sold at the equilibrium price

A: We are provided that, Qd = a - 50P Qs = -100 + 20P The market will be in equilibrium when Qd = Qs…

Q: Why are credit cards not included in the money supply even though they can be used easily for…

A: The money supply basically refers to the all entire quantity of money that is in circulation, which…

Q: 16) Given that China has a larger GDP than GNP, you will expect that A) income earned by foreigners…

A: The value of products and services generated inside a country's boundaries, by residents and…

Q: What does Friedberg mean by “Globalization 1.5?”

A: In Globalization Cross-border trading in commodities and services, technology, and investment flows,…

Q: (b) An investor's utility function is given by: U(w) = In(w 2 ) where w is the investor's level of…

A: U = ln(w2)

Q: Stan is a comic book artist. In a year's work Stan could write 50 comic books or help producing 2…

A:

Q: Q = 4L + 8K Q = 50K0^L0.6 Q = [K0.5 L0.5]3 i) Calculate the marginal products of labor and capital

A: The marginal product of an input is a change in the production function when a unit of an input…

Q: Question 36 Presently, union membership represents of the labor force. O less than 14% O between 45%…

A: Union membership refers to the participation of the workers in the labor union, who have some power…

Q: Grapes and bananas are perfect complements for Jane and Betty. Jane eats one grape per three…

A: We are given, Complement Function Jane's utility function = min {20 Grapes, 10 Bananas} Betty's…

Q: Assume that a monopoly loses money in the short run but stays in business. In a graph show the…

A: The long-run is a period of time when all production factors and expenses are unknown. Firms can…

Q: he elasticity coefficient for a relatively elastic or simply elastic demand curve, is"…

A: Elasticity of demand measures the responsiveness of quantity demanded with respect to change in…

Q: b) Suppose a business faces a production function which is of the Cobb-Douglas form: Q(L, K) = ALªKB…

A: We have cobb double production function with alpha and beta as parameters.