Will the monopolist produce an output level that is allocatively efficient?

Q: -20 40 Enter 50 10 0 0 s the payoff to two airlines, A and B, of serving a particular route. If the…

A: *Answer:  Explanation : According to the given conditions, Before tax firm A has a dominant strategy…

Q: 10. Suppose economists have found current job separation rate (s) and job finding rate () in the US…

A: * SOLUTION :-    (5) Given that ,    The job seperation rate (s) = 5% = 0.05 The job finding rate…

Q: Consider the following cost function: Total Cost = 50+5Q^3 and demand curve Price= 5000-275*Q Given…

A: The profit is maximum at MR=MC MR=5000-550Q ....... An MR curve is double sloped than an inverse…

Q: Suppose the federal funds rate is not close to zero, risk spreads are roughly constant so that…

A: The Federal Reserve uses monetary policy to change the amount of money in the economy through open…

Q: e that shows the payoffs each firm earns from every combination of firm strategies eement among…

A: *Answer:

Q: Q)compare the real business cycle model to the coordination failure model.

A: Real business cycle model  The real business cycle states the theory regarding changes in the…

Q: Today, you invest ₱100,000 into a fund that pays 25% interest compounded annually. Three years…

A: Compound interest is the interest on a loan or deposit calculated using the starting principal and…

Q: Approximate the after-tax ROR on a project that had a first cost of $500,000, a salvage value of 20%…

A: Amount received after fifth year = (20% x 500000) + 230000 = 100000 + 230000 = 330000 Year…

Q: A certain beverage company provides a complete line of beer, wine, and soft drink products for…

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

Q: What is meant by the term “market power”?   Can a monopolist charge any price it wants because it is…

A: Monopoly market is defined as a market structure in which there is only a single seller in the…

Q: list describe the principal causes of high Population Coummies and the major consequences. List and…

A: Introduction Increases in the amount of people in a population or scattered group are referred to as…

Q: Explain the economy of the Balkan Peninsula

A: Balkan Peninsula is also called Balkan which is located Europe. It is one of the three peninsula of…

Q: Question 14 Ed makes custom rugs and sells them in his online store. Recently, he raised his…

A: Increase in price=10%   Option A: Increase in price will increase revenue. Correct. When the…

Q: 1. Production Possibilities Frontier

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

Q: You are the manager of Billy's Burritos, one of only two suppliers of tasty fish tacos in town.…

A: In Cournot duopoly, two firms compete in quantity and maximise profit by producing at MR=MC

Q: According to Keynesians, when should the federal government run a deficit and when should it run a…

A: The Keynesians recommend the active intervention of government in economic activities to deal with…

Q: The following six mutually exclusive projects have a life of 10 years. Use the rate of return method…

A: Given cash flow  MARR=12% N=10 years

Q: When a firm has a natural monopoly, the firm's Omarginal cost curve must lie above the firm's…

A: a natural monopoly occurs when a firm enters with a very high start-up cost and high market power…

Q: Consider an economy whose marginal propensity to consume is c = 0.6 and taxes, T, are lump sum.…

A: Saving is basically that part of income that is kept aside after consumption for future expenses. It…

Q: William purchased a universal life policy on his own life. When his son Ben turned 25, William…

A: Answer -   Taxable Income:- The total income generated by an individual or a firm . If the total…

Q: Suppose the Fed decided to purchase $100 billion worth of government securities in the open market.…

A: If Fed purchases government securities in the open market, the money supply in the economy…

Q: Number of Votes 63 43 A reality show is considering three cities for their new season: Philadelphia…

A: Answer is given below

Q: 6. Describe how public choice economics model the behavior of various political actors (citizens,…

A: "Economic tools" are employed in public choice theory to answer "classic political science problems"…

Q: If a binding minimum wage is implemented in an economy, we can expect. to decrease, resulting in…

A: Supply is an essential monetary idea that depicts the aggregate sum of a particular decent or…

Q: The following equations describe a certain economy C=200+0.75Yd consumption function I = 100-50r…

A: Answer is given below

Q: Assume that the comparative-cost ratios of two products-baby formula and tuna fish-are as follows in…

A:

Q: 3. Suppose there are two movie rental stores in town: Captain Video and Movie Mania. These movie…

A:

Q: How can else  increase marginal utility and therefore the consumer demand curve?

A: marginal utility is the additional fulfillment a purchaser gets from having another unit of a decent…

Q: c) Given the following economic models Y=C+I+G+ X-M C=1000+0.2YD- T=30+0.4Y I=100+ 0.15Y G = 40 X =…

A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: Prospect Y = ($4, 0.25 ; $16, 0.75) If Will's utility of wealth function is given by u(x)=x0.25,…

A: Prospect Y = ($4, 0.25 ; $16, 0.75) And Will's utility of wealth function is given by u(x)=x0.25

Q: SLO-1.1. In centrally planned (command) economies the decides what goods and services will be…

A: There are different types of economies according to which people make their economic activities,…

Q: A. $107 billion surplus.

A: The  Balance of payments include current account, capital account and financial accounts.…

Q: No matter the macroeconomic conditions in an economy, a Keynesian economist always advocates for…

A: No matter the macroeconomic conditions in an economy, a Keynesian economist always advocates for…

Q: O Price level increases, GDP increases O Price level increases, GDP decreases O Price level…

A: Stimulate package is announced by the government to combat the recessionary pressures.  The…

Q: Suppose that maintaining the hiking areas costs $1.5 million annually, but financed instead by a tax…

A: The net present worth or net present worth applies to a progression of incomes happening at various…

Q: D7 Suppose that people hold 17 cents out of every dollar of deposits as currency. Suppose that banks…

A: MPC = c = 17/100 = 0.17 Reserve ratio = r = 13/100 = 0.13 Formula of multiplier = (1+c)/(c+r)

Q: Mr. Green had a housing loan amounting to P2,659,931, and it was to be amortized by a group of 30…

A: Given that; Loan amount = P 2,659,931 Time = 30 years i = 15% Uniform annuity of payment = P 95000…

Q: An officer of the state lottery commission has sampled lottery ticket purchasers over a 1-week…

A: The expected value is calculated as a weighted average of all potential outcome values, with the…

Q: 9. Marginal revenue equals marginal cost in perfect competition when... a) A firm is in equilibrium…

A: There are large number of buyers and sellers in the perfectly competitive market. Firms are only…

Q: 1. Let preferences of both individuals be given by log(c) +log(c₂). Suppose that the endowment…

A: Market supply of each good is the sum of endowments of a good.

Q: a. the biggest increase in output? Consensus Hybrid (C) Keynesian (A) Monetarist (B) b. the biggest…

A: AS curve represents the total quantity of output.

Q: Long-run: Assume you are examining the economy of India. Assume the Indian economy is initially in…

A: The economy is already at full employment level or economy is operating at equilibrium level. In the…

Q: the interest rate is 10 percent, the present value of an annual payment of $100,000 to be received…

A: The present value of perpetuity depends on the rate of interest or the discount rate.

Q: 3. The marginal cost of preparing a large latte in a specialty coffee house is $1. The firms market…

A: In economics, profit maximization is the short run or long run process by which a firm may determine…

Q: what have we learned from the recent changes in GDP so far this year in 2022?

A: Introduction According to the World Bank's newest Global Economic Prospects report, the global…

Q: Disposable Income Consumption C Yd $2,000 $2,070 2,100 2,145 2,200 2,220 2,300 2,295 2,400 2,370 4.…

A: Answer; Option 3 is correct

Q: you assume that a firm has a U-shaped average cost curve, why would large and small firms have…

A: The economies and diseconomies of scale lead to the U shaped average cost curve.

Q: Can the exchange of personal-use property qualify as a like-kind exchange? Why or why not?

A: Asset of a similar nature: A like-kind asset isn't always the same as the item that would be…

Q: On January 10, 2017, a man in Lebanon, Virginia, frustrated with the DMV bureaucracy, paid his DMV…

A: Answer is given below

Q: Find the present value of $750 to be paid four years from now when the prevailing interest rate is…

A: Present value (PV) is the current value of a future sum of money or stream of cash flows given a…