Why should there be a standard work- week rather than a situation in which individual workers are free to choose their hours of work?

Q: ete the following table with the action each firm will take at this permit price and the amount of…

A: 1) Cost of eliminating two term of pollution by every firm, Firm X 280+300 580 Firm Y 600+720…

Q: Price (dollars per unit) 600 400 AC = MC De mand Marginal revenue 200 400 Computers (units per day)…

A: Monopoly is a single seller in the market with no close substitutes.

Q: A consumer posted a favorable comment about Costco on Costco's own Youtube Channel. From Costco's…

A: Paid media is content that you pay to be placed in front of an audience as an advertisement or…

Q: Data for four mutually exclusive alternatives are given in the table below. Assume a life of 7 years…

A: The correct answer is given in the second step.

Q: Determine the value of the given gradient factor.   (A/G, 4.15%, 46)   round to the nearest…

A: We have to find the value of (A/G,4.15%, 46)

Q: 1) Joe has a utility function of U-B p4 where B- the number of burgers consumed and P= number of…

A: A consumer maximizes utility at the consumption bundle where marginal rate of substitution equals…

Q: Total Quantity Revenue Cost Fixed Variable Cost O (Shut $0 down) $1,000 $0 1,000 $1,000 $1,000…

A: Answer: Quantity Total revenue (TR) Fixed cost (FC) Variable cost (VC) Total cost=FC+VC (TC)…

Q: What is the price of funds in the loanable funds market? a. the Consumer Price Index b. the real…

A: Loanable funds market shows supply and demand for loanable funds. It shows how much funds are…

Q: Suppose you have a production technology that can be characterized by a learning curve. Every time…

A: Given: Decrease in marginal cost=$6 Cost of first unit=$62

Q: Explain the concept of spatial equilibrium from the perspective of both consumers and firms. Please…

A: Spatial Equilibrium Models are models that answer the simultaneous equilibria of many regional…

Q: #1 What is it about the shhort run that makes it so that monetary can be effective? What do we mean…

A: In the mentioned question we have been asked what exactly effective state when it comes about…

Q: Suppose market demand and supply are given by Qd=100-2P and Qs=5+3P. If a price floor of $30 is set,…

A: "Price floor is a type of price control used by the government to impose a limit on how low a price…

Q: Which of the following is true of monetary policy?   a. If the Fed wants to increase the money…

A: Monetary policy is controlled and imposed by central bank.

Q: 2 4 6. 7 8. 1000 1200 1400 1800 2000 3.

A: Given timeframe = 8 years  From end of year 1 to year 8 , the value of cashflow constantly increases…

Q: a. How much tax revenue is collected and what is the excess burden of the $8 tax on M? b. How much…

A: In this question, there are two goods :-good M and good K Both these goods are independent to each…

Q: What does it mean by "primary and secondary stakeholder groups" when pertaining to strategizing with…

A: Corporate social responsibility has been creating primary and secondary stakeholders, that would…

Q: While import tariffs and import quotas can both be used to protect domestic producers, the import…

A: Import tariffs and import quota are two ways to restrict imports of the country.

Q: BUSINESS OPPORTUNITIES CAN BE RECOGNIZED BY ENTREPRENEUR'S PRIOR EXPERIENCE. a. False b. True

A: In an economy, factors of production are needed to manufacture commodities and services, and…

Q: 20. International trade and domestic trade differ because of: Different government policies b. Trade…

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

Q: From the data given below, using the simple average of price relative comput: (i) Index number for…

A: [a]Index number for 1998 when 1995 is base  Items Price Price Relative prices         Rice 5…

Q: Planned Actual expenditure expenditure, PE PE Planned expenditure PE, PE2 PE Y Y2 Y3 Income, output…

A: Given information: Y2 = 650, Y3 = 800 and PE3 = 740 At Y3=800, PE3 = 740 At Y2, the actual…

Q: Chatham Automotive purchased new electric forklifts to move steel automobile parts two years ago.…

A: EUAC or, Equivalent Uniform Annual Cost can be calculated by:EUAC = P(A/P, i %, n) - S(A/F, i %, n)…

Q: When the price of a kettle increases from OMR 15 to OMR 20, the quantity demanded drops from 3550…

A: "As these are two separate questions, so according to the guidelines answer is provided to the first…

Q: Draw and fully label a diagram to illustrate the market for loanable fund to analyze this policy.…

A: [a]

Q: A factory has decided to purchase some new equipment for P650, 000. The equipment will be kept for…

A: Calculation of depreciation rate: Depreciation rate = 100%Useful life ×2=100%10x 2=20%

Q: An amortization of a debt is in a form of a gradient series of P20,000 on the first year, P19,500 on…

A: Future value is basically the amount of money that, if invested now, will grow in value over time at…

Q: Assume the total product of two workers is 100 and the total product of three workers is 150. The…

A: Average product is the per unit production and marginal product is the additional production.

Q: Price Average (dollars Marginal cost per unit) 10 cost 4 Demand 2 Marginal revenue 10 20 30 40 45…

A: The markets are the place where the interaction and meeting of the buyers and sellers take place. In…

Q: Is it a pure investment proj

A: A pure investment project is a simple investment where the business invest money one time and get…

Q: 7. A building cost P10,000,000 and the salvage value is P150,000 after 25 years The annual…

A:

Q: 2. Imports and Exports Now we allow for international trade. Use the following information from…

A: Given: C=400+8/9 DI I=300 G=800 T=1/2 Y X=300 Note: Due to multiple subparts being posted, the first…

Q: When firm must pay lump sum tax (which is a fixed sum, independent of whether it produces any…

A: "A lump sum tax is a tax which is imposed as a fixed amount and not on the basis of output."

Q: Consider an one person, two good, one input economy. This is "Lea's Economy". Lea's utility function…

A: Opportunity Cost refers to the value of the payoff of the economic activity that an individual agent…

Q: Which of the following would NOT be included in this year's GDP? Select one: Oa. The tuition fee for…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: 8-33 The owner of a downtown parking lot has employed a civil engineering consulting firm to advise…

A: PLEASE FIND THE ANSWER BELOW.

Q: The price faced by the firm in a perfectly competitive market is $70 per unit. The average total…

A: Formulas of cost are: 1. Total Cost = Total Fixed Cost + Total Variable Cost 2. Average Total Cost =…

Q: Tom has the following utility function: U = FC2 where F is food and C is clothing. Show that…

A: 1. U = FC2 1. Marginal Rate of Substitution (MRS) is the rate at which a good is sacrificed to get…

Q: An amortization of a debt is in a form of a gradient series of P20,000 on the first year, P19,500 on…

A: We have given  Year  cash flow ( end of the year) 1 20,000 2 19500 3 19000 4 18500 We…

Q: The cash flows associated with a public-school building repair project are as follows: costs…

A: Given: Benefit=$600,000 Disbenefits=$90000 Costs=$550,000

Q: Suppose that chocolate is a monopolistically competitive industry in both the United States and the…

A: The curve that depicts various quantities of goods and services being demanded by individuals at…

Q: Problem 1. Consider the following game. Notice that player 2 has two information sets. L M a e 2,2…

A: In the backword induction we first solve for player who is moving last in the game.

Q: Data for four mutually exclusive alternatives are given in the table below. Assume a life of 7 years…

A: Benefit-to-cost (B/C) ratio is a method for evaluating how much the benefits of a specific venture…

Q: 17. When a large country imposes an import tariff on good X O a. Domestic production of good X…

A: When quantity demanded exceeds quantity supplied the country will import the good because it has the…

Q: -When you begin working in an industry if given the opportunity to choose the method by which you…

A: Below is the formula to find the future worth and present worth: Future Value = Present Value 1 +…

Q: For a product with external benefits like vaccines (positive externality), which of the following is…

A: Externalities: Externalities are the cost or benefits that are incurred or received by the third…

Q: . Given the objectives of the RBA, explain whether the implementation of its monetary policy has…

A: The Reserve Bank of Australia(RBA) is in charge of monetary policy formulation and implementation.…

Q: FW n the blanks When a country's income is PHP2000R you spent PhP1750 When your income changed to…

A: NOTE: AS PER THE BARTLEBY GUIDELINES HANDWRITTEN SOLUTIONS ARE NOT ALLOWED. PROVIDING HERE THE TYPED…

Q: 7. Two towns, each with three residents, are deciding whether to put on a fireworks display to…

A: A cost-benefit analysis is a cycle used to quantify the advantages/benefits of a choice or making a…

Q: Given the data for two alternatives, choose the better alternative using the B/C ratio analysis.…

A: Alternative X   First cost (Investment) = $100,000   Net annual benefits = Benefits - Operating…

Q: 1. A firm producing two goods, x and y, has the profit function given by a(x, y) = 64x – 2x² + 4xy –…

A: Part a: We differentiate the profit function with respect to x and y equate them to zero and solve…