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A: Dependent Variable: Sales Revenue (y) Independent Variable: Product Price (x) Regression Equation:...
Q: 4. Optimize the following function and comment about the findings. y =- 5x; +10x, + x,x, • 2x{ +4x; ...
A: here we optimize the following function as given below;
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A: We have given the dataset for 20 observation The number of Cruffins sold is a function of price The...
Q: Given the following technology matrix for a two sector economy: 0.4 01 A = 0.7 0.6 The final demand ...
A: Answer is given in the picture:
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A: those type of items that have a limited life, their perpetual equivalent annual worth is essentiall...
Q: Which of the following are the two "pure" types of exchange-rate systems? [select all that apply] ...
A: The rate that depicts the rate at which two currencies could be measured in terms of another currenc...
Q: The Jones are small farmers in the wheat industry – they are price takers. Their cost function is: ...
A: There are large number of firms selling identical goods in the market. This makes the firms price ta...
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A: Given that; MARR=10% The equivalent annual worth of B System can be calculated as follows. AWB=-ci(...
Q: Why is the marginal revenue of a perfectly competitive firm equal the market price?
A: Marginal revenue: it refers to the additional revenue received from the sale of an additional good. ...
Q: 1. Complete the following table of various types of cost for a firm in the short run. Assume that To...
A: Formulas:- TC=TFC+TVCMC=∆TC∆QAFC=TFCQAVC=TVCQATC=TCQ
Q: How does the United States compare to othernations in the area of health care?
A: Despite spending much more on healthcare than developed economies, the United States has poorer heal...
Q: Suppose that a firm in a market has the following total variable costs(TVC): Total Average Total var...
A: Given:- TVC(Total variable cost) at various level of output. Fixed cost is 7 and market price is 5. ...
Q: For an economy the following functions are given : C = 100 + 0.8 y S = - 100 + 0.2 y I= 120 - 5 i M=...
A: Answer: LM curve or LM equation is : i = 0.2/5 Y-2
Q: (In this and all other questions in which a game matrix is given, Player 1 chooses the row, Player 2...
A: Iterated elimination of strictly dominated strategies (IESDS) The iterated elimination (or deletion)...
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A: The GDP is a metric that reflects both the economy's total income and total expenditure on goods and...
Q: Need proper explanation
A: Central bank is the head of all commercial banks. There are many responsibilities that the central b...
Q: volatity during a to Selected period a Pay foxed volatility during a Fixed volatility and nominal va...
A: Correct answers given below,
Q: Explain the difference between equity and efficiency.
A: In a society, the aspiration towards equity helps ensure basic rights, dignity and a minimal living ...
Q: r=0% on deposits. Consumer needs to borrow $50 loan and the consumer has uncertain income of y=50,80...
A: Expected income:- When there is uncertain in income and there are chances of occurring differebelowñ...
Q: Mathematical economics: For an economy the following consumption function is given : C = 60+0.75 Y. ...
A: As given Consumption function is given as C = 60+0.75Y as we know at equilibrium Y = C+I
Q: A halving of the prices good A and good B has the same effect on the budget line as doubling the inc...
A: The graph that depicts all of the combinations that are possible to be brought with the given income...
Q: Depreciation of the dollar will: decrease the prices of both U.S. imports and exports ...
A: Depreciation refers to decrease in the value of the currency in terms of foreign currency.
Q: The population of a city in 1983 and 2000 was 36 and 51.4 crores respectively. Find the annual simpl...
A:
Q: The quantity of real GDP supplied decreases if the price level because it profits. .... O A. rises; ...
A: Real GDP is defined as the price of base year multiplied by the quantity of current year. Hence if t...
Q: a. Johnson's pig farm faces a demand curve given by Q = 40 - 2P and has a constant marginal and aver...
A: (i) We complete the table, by using the following formula: Step 1: Put the respective value of Q in ...
Q: 11. A tariff on imports benefits domestic producers of the imported good because A. They get the tar...
A: Economic externalities are the extra costs or benefits that occur to a third party that is not a par...
Q: Deposit insurance: O A) can increase the possibility of bank runs. B) often makes banks more account...
A: Answer: Deposit insurance: In the case of deposit insurance, the government insure a part or in full...
Q: 2-1 On a loan for $25,000 to purchase a new car, what are the monthly payments at an annual interest...
A: Loan amount = $25,000 Interest rate = 6% for 4 years We need to calculate the Monthly payments
Q: Cobb-Douglas functions with constant returns to scale can be used to model A technological chang...
A: The answer is - A . technological change that increases aggregate productivity
Q: Examine the Solow growth model. Assume that with d-0.1, s-0.2, n-0.01, and=1 and that the period is ...
A: Please find the answer below.
Q: $21 $18 Supply $15 $12 $9 $6 $3 Demand 100 200 300 400 500 600 700 Quantity of Key Lime Pies Part 1:...
A: Generally in simple words we can say that Economic Equilibrium is considered as a situation in which...
Q: 10 Supply 7.5 2.5 Demand 200 400 600 800 Q When the market in the graph above is in equilibrium, con...
A: Consumer surplus shows the difference between consumer willingness to pay and the actual price paid ...
Q: Mr. Lee purchased a small condominium. He paid P350,000 as down payment and agreed to pay P35,000 ev...
A: In the first place, the loan amount is the present value of quarterly payments for 5 years discounte...
Q: Now draw a supply-and-demand diagram for the liquor market with the tax. Show the price paid by cons...
A: Answer -
Q: What makes the Lincoln Electric system so successful in the United States?
A: In the United States, Lincoln Electric has had a lot of success.Their success is aided by the incent...
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A: Please find the answer below.
Q: Other things equal, the extent of foreign investment depends on relative expected returns. In order ...
A: Foreign exchange: - Foreign exchange is the exchange of currency or it means the buying or selling o...
Q: What happens to the AD curve when the nominal interest rate reaches zero? Why? What happens when the...
A: The clear effect of how the aggregate demand curve would react whenever the nominal interest rate is...
Q: What assumptions cause the immediate-short-run aggregate supply curve to be horizontal? Why is the l...
A: The short immediate-run aggregate supply curve is horizontal due to the assumption that both input a...
Q: What is the primary difference between oligopolistic "coopetition" and cartel behavior? Group of ans...
A: In oligopoly, there are few large firms in ge market. The god can be identical or differentiated.
Q: An investor with a MARR of 15% and at least $40k to invest is using rate of return analysis to deter...
A: Answer -
Q: Consider the following model economy which has a floating exchange rate: Y =a-br + ce + jG li ニと(R-P...
A: Answer-
Q: Designers of the Federal Reserve System were concerned that the Fed might form policy favorable to o...
A: The Federal Reserve System is the US government's central banking authority. It serves as the US gov...
Q: Suppose there are two power plants that release sulfur dioxide (SO2) into air at their current produ...
A: Introduction Two Power plant has given as MAC1 = 3q1 + 5 MAC2 = 2q2 They both release 150 units of S...
Q: In the model of monopolistic competition, compared to a firm with higher productivity, a firm with l...
A: Monopolistic competition: - monopolistic market structure is the structure in which there is a large...
Q: explain what socio-economic theory assumes about people’s behavior. What are some of the social cons...
A: The study of the connection or interaction between social behaviour and economics is known as social...
Q: Price Flo's Supply Rita's Supply 2 4 15 12 Table 4.1 Refer to Table 4.1, which shows Flo's and Rita'...
A: The amount of a good that sellers are willing and able to sell is referred to as quantity supplied. ...
Q: Explain the relationship between quality and costs in your own words. How does improving quality red...
A: There is a inverse relationship between cost and quality. As the quality improve the cost of it decr...
Q: Suppose Barefeet is a monopolist that produces and sells Ooh boots, an amazingly trendy brand with n...
A: Monopoly maximizes profit by producing at MR=MC and charging the maximum price consumers are willing...
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- Why won’t innovative sharing technology with other firms ensure an efficient economy ?What are the economic effects of a new technology that makes it easier for firms to produce goods and services.From a resource-based view, what valuable and unique resources and capabilities does Microsoft have in the eyes of the Chinese users and the government?
- What are the impacts of Human and Physical Capital in a Global Economy? What are the Characteristics of a Monopoly Market?Which would be technically efficient and which would be economically efficient?Which of the following is not a constraint in achieving technological and economic efficiency? a. State of technology b. Lack of information c. Distribution of income d. Market competition
- Why do largest firms, who are also some of the largest polluters, have the resources to invest in more ‘eco’ technologies but often choose not to in favour of maintaining/increasing profit marginsThe real costs of transporting goods and people have declined substantially over time. What impact do lower transportation costs have on the market power of individual producers? Has the internet had a similar effect? If so, how?Government _______ regulations stipulate that inventors will keep complete legal rights to their respective inventions for ________.