will explain by means of a graph the concepts demand, supply and the equilibrium point

Q: Fed Cuts Key Interest Rate Again Washington, DC—Alarmed by the rapidly weakening economy, the…

A: The Federal Reserve cut a key interest rate again yesterday. The Fed cut the discount rate, dropping…

Q: The figure shows the production possibility frontier for a country. What is the opportunity cost to…

A: The production possibilities curve (PPC) is a graph or figure that illustrates all of the…

Q: Market research has revealed the following information about the market for lamps: The demand…

A: Market supply equation QS=4+2P Market demand equation QD=24-3P The point of intersection of the…

Q: Firms A and B are identical, produce identical products, and are the only firms in a market. Firm…

A: In a market with two firms, there are various ways that the firms can rival one another. One way is…

Q: Definition The stock of money people hold to pay everyday predictable expenses The stock of money…

A: Since you have posted multiple questions, we will provide the solution to only the first question as…

Q: Republika UPLB has 50 workers. It produces only coffee and white cheese. The production of these two…

A: In 2 goods case, the use of inputs is efficient when it is not possible to increase the production…

Q: 34. Assuming a $7 per unit tax is imposed, the welfare loss to producers will be $______.     a)…

A: Demand curve is the downward sloping curve.  Supply curve is the upward sloping curve.  Equilibrium…

Q: The Solow model: Y=AKªL(1-a); S=I=sY; Kt+1=(1-6)Kt + I; Kss = (sA/8)1/(1-α)L; Y=C+I; Kss =…

A: The production function shows the relationship between input used and output derived.  Returns to…

Q: 1. Compute GDP deflator based inflation rate for 2020 assuming 2018 as the base year. 2018 2019 2020…

A: The GDP deflator is an economic measure that depicts the price (P) level of all goods and services…

Q: 35. Assuming a $7 per unit tax is imposed, the total welfare loss to both sellers and buyers will be…

A: Demand curve is the downward sloping curve.  Supply curve is the upward sloping curve.  Equilibrium…

Q: Suppose you have $20 to spend on pizza and coke. Suppose you spent all your money and that the…

A: Budget constraints shows the relationship between two goods , it's prices and income of consumer.…

Q: he table below shows the parameters for the economy of Hutu. Give your answers to one decimal point.…

A: Disclaimer- “Since you have asked multiple question, we will solve the first three question for you…

Q: The table below provides information for the economy of Zawi. C700.78Y I= 145/ a. The value of…

A: At equilibrium level of output aggregate demand is equal to aggregate supply.

Q: A bank is in the processing of rescheduling a $10 million loan paying 14% interest. If liquidated,…

A: NPV stands for Net Present Value. It is a financial metric used to evaluate the profitability of an…

Q: Republika UPLB has 50 workers. It produces only coffee and white cheese. The production of these two…

A: A production possibility frontier (PPF) shows the maximum possible output combinations of two goods…

Q: A pizza restaurant raises the price of their pizza by 10%. As a result, they witness a 20% decrease…

A: Price elasticity of demand: It measures the percentage change in the quantity demanded for a 1%…

Q: Where did the $98 come from?

A: Deadweight loss can be described as the loss of total welfare or the social surplus because of…

Q: GDP per capita in the United States was approximately $63,000 in 2020. Use the growth formula (see…

A: In this case, GDP per capita is discussed here. GDP per capita is actually the division between…

Q: 22. (True or False) Suppose the own price elasticity of demand for good X good X increases by 20…

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

Q: For you, describe one good that has close to PERFECTLY INELASTIC demand. Why is that the case? What…

A: Demand elasticity: The demand function reflects an individual’s willingness to pay for each unit of…

Q: 6. The arguments for restricting trade Suppose there is a policy proposal to increase trade…

A: Trade restrictions are government policies and regulations that limit the flow of goods and services…

Q: Economists forecast future economic conditions by studying variables that tend to fluctuate in…

A: Economic conditions refer to the state of an economy at a particular point in time. This includes…

Q: Nowadays it is very important to reduce one's carbon "footprint" (how much carbon we produce in our…

A: Formula for calculating monthly IRR: Formula for calculating annual effective IRR:

Q: Assume an economy with rigid prices that has reached the long run equilibrium. Pessimism regarding…

A: In the ISMP (Investment-Reserve funds, Money-Request, Cost level) model, the economy is shut when…

Q: illustrate diagrammatically how the optimal choice of a consumer changes as a result of a decrease…

A: Utility maximisation is based on the idea that people and businesses should aim to get the most…

Q: what is the excess reserve amount if the total reserve is $48 billion dollars and the required ratio…

A: Excess reserves refer to the amount of funds that a bank holds above and beyond the required level…

Q: What are the possible integration of Turkey can participate in formation around? Explain the reasons…

A: Turkey has been chasing after different economic integration drives to reinforce its situation in…

Q: The tables below show the aggregate demand and two aggregate supplies for the economy of Zandu.

A: The aggregate supply curve depicts the relationship between the price level and aggregate quantity…

Q: Until recently, Dave's Donuts sold their premium chocolate-cornflake-cronut for $3.75, and they…

A: When we will use the average percentage change in both quantity and price,then this is called the…

Q: X-inefficiency is said to occur when a monopolist's Group of answer choices average cost is…

A: A monopolist is a single supplier of a particular good or service in a market, with no close…

Q: 2. Assume that equilibrium GDP (Y) is 18,000. Consumption (C) is given by the equation C =…

A: GDP is gross domestic product.  GDP is the sum of consumption, investment, government spending and…

Q: A manufacturer sells belts for $11 per unit. The fixed costs are $1800 per month, and the variable…

A: Total Profits = Total Revenue - Total Cost Break even point requires: Total Profits = 0

Q: The benefits of nationalism in the economy as per the Trade and Development Report 2020.

A: A political theory or movement that stresses the interests and identity of a specific nation or…

Q: You are making $200 monthly deposits into a savings account that pays interest at a nominal rate of…

A: Future value (FV) is the worth of an asset now based on an anticipated rate of increase in the…

Q: According to a recent study, people in Missouri were 4 times more likely to file bankruptcy compared…

A: When a firm fails to maintain its financial obligations and repay its creditors, it goes bankrupt. A…

Q: Suppose that the demand function for aluminum is: Q = 20 0.2p, where p is the price paid by…

A: Equilibrium is where demand equals supply.   Demand curve is the downward sloping curve.  Supply…

Q: Consider an economy that produces only wood and houses within its borders each year. $200,000 worth…

A: GDP refers to the production of goods and services during an accounting year. The intermediate goods…

Q: QUESTION FOUR Suppose the weekly demand functions for coca cola and Pepsi in Ndola are given by:…

A: Oligopoly: Oligopoly is a form of market where there is only a limited number of firms or suppliers…

Q: 10. Elegant Settings manufactures stainless steel cutlery. Quantity (sets) 100 200 300 400 500 Long…

A: Economies of scale refers to the cost advantages experienced by a firm when it increases its scale…

Q: Boundaries and pr 10.7. COST REDUCTION AND THE HERFINDAHL AND LERNER INDEXES. Consider an industry…

A: The Lerner index is a measure of market power, which is the ability of a firm to raise prices above…

Q: Suppose that there are two countries, Beta and Gamma. Suppose further that everyone in country Beta…

A: When individual-level randomization is not achievable, the difference-in-difference method can be…

Q: Draw indifference curves for two standard goods, coconuts and pineapples. Describe the properties of…

A: Disclaimer: - Since you asked multipart question, we are solving the first 3 subparts as per…

Q: Now suppose the Jordanian government decides to impose a tariff of $120 on each imported ton of…

A: In the normal way, deadweight loss is often an outcome of government policies such as price floors,…

Q: Consider the Lorenz curves for income for Deneb and Elnath as shown in this figure: cumullative…

A: "A Lorenz curve is a graph that shows how wealth or income are distributed among a population.…

Q: 7: Which ONE of the following is NOT measured in any estimates of National income accounting? A)…

A: National income accounting is a method of measuring the economic performance of a country, which…

Q: Given the two equations, what interval will allow the company to break even? 2 = X c(x) 9 2 r(x) =…

A: Break-even point in production: The break-even point in production refers to such a point where the…

Q: If there were 30 firms in this market, the short-run equilibrium price of rhenium would be $______…

A: A perfectly competitive market is a theoretical market formation where all companies offer identical…

Q: Can you complete ii) as well?

A: Fixed Cost : Part of Total Cost which is independent of output Variable Cost : Part of Total Cost…

Q: Problem 5 (Watson 10.2 a-c). Consider a more general Bertrand model than the one presented in this…

A: Price description in economics refers to the numerical value assigned to a good or service in a…

Q: The following data for X and Y are in format [X,Y). First cost in $: [-80,000,-95,000], Annual cost…

A: Initial Cost X = $ -80000 Y=  $ -95000   Annual Cost X = $ -20000 Y = $ -15000   Salvage Value X =…