Why did the southern slave owner, who represented such a very small portion of the total population of the United States, have so much political power from 1848 to 1861?

Q: Why does arbitrage make price discrimination an ineffective strategy?

A: 1. When the price is low, arbitrage affects price discrimination by selling it to other customers at…

Q: Civilian labor force Not in the labor force Unemployed Employed Unemployment rate Labor force…

A: The labour force participation rates is calculated as the labour force divided by the total…

Q: Margeʹs Hair Salon production function is Q = f(K, L) = K0.5L0.5 where K is the number of hair…

A: 2.1 Prove, with the aid of mathematics, the type of returns to scale exhibited by this production…

Q: Suppose that a city's money multiplier is 5.3x, that is, each fresh dollar of income generates $5.30…

A: Marginal propensity to consume is known as the change in part of disposable income which the…

Q: Suppose the inverse demand function is P-12-Q, and cost is given by C(Q)+40 If marginal revenue is…

A: Answer;   Given : MC= 4 and MR= 12-2Q

Q: On behalf of her firm, Amanda H. makes frequent trips to Vietnam. She notices that she always mas to…

A: The nominal exchange rate is characterized as the quantity of units of the homegrown currency that…

Q: Between 1929 and 1933, NNP measured in current prices fell from $96 billion to $48 billion. Over…

A: Answer: Given, Year NNP Price index 1929 $96 billion 100 1933 $48 billion 75 (a). %…

Q: What do you think Nike’s executives might have done differently to prevent the sensitive charges of…

A: Investments made by Nike in Asian countries China, Indonesia, and Vietnam were encouraged to take…

Q: If the marginal propensity to save is 0.25, and the government increases its purchases of goods and…

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: Problem 2. Answer the following questions briefly. a) What items are excluded from the calculation…

A: a) Basically, something has to be produced in order for it to be included in our GDP. It must be…

Q: Question 2: The below data are for a hypothetical economy: (show your calculations) • Number of…

A: The economies around the globe are involved in various economic and financial activities, where they…

Q: The graph on the right shows the demand and supply curves in the market for workers in Starbucks…

A: Introduction Graph of a labor demand of Starbucks and labor supply of Starbucks has given. The…

Q: What is the theory of efficiency wages? Provide two reasons that employers might pay efficiency…

A: Theory of efficiency wages- The possibility of the efficiency wage theory is that rising wages can…

Q: This question addresses the issue of whether monetary policy should be made by discretionary policy…

A: Discretionary policies are an economic policy focused on policymakers' ad hoc judgment as opposed to…

Q: A well educated society can be considered which of the following, as it pertains to economics?…

A: If a person's knowledge and abilities are developed in such a way that they finally result in a…

Q: In a country with capital mobility without controls on international capital flows, what would…

A: The major motivation for capital mobility is to reduce the unpredictability of money rates in the…

Q: Suppose two companies, Apples and Dell, are a competing duopoly. If both companies charge the…

A: The Nash equilibrium is used to show that decision-making is a system of strategic interactions…

Q: affect the interest rate charged on loans.   a. Differences in the present value of loans   b.…

A: The cost of borrowing is defined by the rate of interest, which determines how much bigger the…

Q: 5-If you invest $1,000 at the beginning of each of the next 3 years at 8%, how much would you have…

A: Answer; Amount at the end of 3rd year =$3506.112.

Q: How would this affect the WS-PS

A:

Q: (a) Given a utility function of an individual is U(x) = x² - 4x, determine his risk attitude. (b)…

A: For the given utility function U(x) = 1/2X2 -4X we can find out the risk measurement using the…

Q: What made Jose Rizal become a mason?

A: José Rizal is regarded as one of the Philippines' most illustrious figures. He was a political…

Q: Which of the following markets would have the least amount of concentrated power? Oligopolistic…

A: In oligopoly marker, there is many number of buyers but only few number of sellers.There is product…

Q: Public goods are defined as non-excludable and non-rival in consumption. If something is close to a…

A: Public goods are those goods which are non-rivalrous and non-excludable.

Q: A monopolist faces the demand curve P = 18 – Q, where P is measured in rands per unit and Q in…

A: Ans. The monopoly market is a market where a single seller produces all units of the output of the…

Q: Suppose that capital and labour are perfect complements in a one-to-one ratio in a firm's production…

A: For creation of any good or service, we require inputs and such inputs are Known as factor of…

Q: Open market sales_reserves thereby____the money supply. 1) raise; raising 2) raise; lowering 3)…

A: A central bank's open market operation (OMO) is when it gives (or takes) liquidity through its…

Q: ABC Corp. is selling a children's alphabet book and an iPad app. Suppose the reservation prices for…

A: Given,  ABC Corp. is selling childrens alphabet book and an iPad appThe prices for the four…

Q: Once a private information is made public and it is immediately reflected in the price, then the…

A: When talking about market efficiency, it explains the nature or ability of the market to provide…

Q: 4 During the mining boom, it was suggested that Australia had a two-speed economy – that is, some…

A: When one sector does extraordinarily well in comparison to another, this is known as a two-speed…

Q: Amanda has a 9 year old beagle named Lexi that tore her ACL. Amanda values Lexi at about $1,000. The…

A: The degree to which market prices represent all accessible, relevant information is referred to as…

Q: From the following graph, show the equilibriums under each scenario.   Market is in equilibrium at…

A: The markets in an economy are of various types. In some markets there are a large number of buyers…

Q: Ongoing inflation rate = 8% a.) How much is the total profit? b.) Determine the expected rate of…

A: The expected return is the amount of profit or loss an investor can anticipate receiving on an…

Q: The marginal cost of a company is MC = 100-20x + x², 2006 and the fixed cost is 3 The quantity that…

A: Given: The marginal cost of a company is: MC = 100 - 20x + x2 The fixed cost is: Fixed Cost = 2,0063…

Q: Monetary policy is often more effective than fiscal policy because O It is blunter and more…

A: Answer: Monetary policy is taken by the central bank of a nation. Generally, the central banks are…

Q: Why do economists believe that Federal Reserve policy changes can move the stock market?

A: Introduction Interest rates are a hot topic in the investment industry and the financial media, and…

Q: The reason monopolies are inefficient for society is because monopolies: options: 1.Create no…

A: Monopoly is a single firm in the market producing unique good.

Q: A company is considering purchasing a machine for manufacturing that costs $30,000. The salvage…

A: Answer: The economic life of a machine will be the one for which the EUAC is minimum. The EUAC is a…

Q: You are evaluating 2 machines the investment of 2 mutually exclusive machines. Each machine has an…

A: Annual Benefit means a retirement benefit payable annually in the form of a straight life annuity. A…

Q: For a monopolist facing a demand curve given by the equation P-102-2Q and marginal cost given by the…

A: Answer; The profit maximizing price is $78.

Q: What will be the future worth of money after 27 months if a sum of P96,425 is invested today at a…

A: Present worth = 96425 Interest rate = 10% Time = 27 months convert in year = 27/12 = 2.25 year

Q: 6. All firms in a competitive industry have cost C = q² + 100. Market demand is D = 240 - 3p. a.…

A: Introduction Cost of all competitive firms has given. A firm demand function has also given. Cost of…

Q: What is value-based- purchasing, was it successful for reducing unnecessary utilization.

A: Payments to health-care providers are linked to improved performance. This method of payment holds…

Q: Monopoly: Fantastic Films is the only movie theater in an isolated town. The table below illustrates…

A: Answer: The following formulas will be used: Total revenue TR=Price×QuantityMarginal revenue…

Q: For the diagram below and a 10% interest rate, compute the value of C. 300 100 200 0

A: The current value of future payments from an annuity, given a specified rate of return, or discount…

Q: Which of the following statements is true regarding Unemployment? Group of answer choices…

A: Unemployment is defined as the phenomenon where people who are willing and able to work are not…

Q: Calculate : a. GDI b. GNI c. NNI d. NI e. Personal income f. Disposable income

A: Income from employment & self employment = 25000 Income from rent, dividend & interest =…

Q: 3- A company borrows $100.000 today at 12% nominal annual interest compounded monthly. Find the…

A: Answer I attached below with explanation

Q: Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the…

A: When the interest rate is 8%, Opportunity Cost=8% of 10,000=800   When the interest rate is 10%,…

Q: 6. Equilibrium prices and quantities are determined by demand D₁ = 200-2p1 and supply S₁ = 2p1-40 in…

A: Answer a.  To find the equilibrium, demand is equal to supply of good. Therefore,  For Good 1,…