Which of the following is an example of a public good? a. whales in the ocean b. apples on a tree in a public park c. hot dog at a picnic d. national defense

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A: Monopoly is the market type which is characterized by a single firm and a large number of buyers. Th...

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A: Employment:  It means the state of having a paid job.   

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A: The marginal cost is change in total output when one additional unit of input is used.  

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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

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A: Note-Since you have posted multiple independent questions in the same request, we will solve the fir...

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A: Economic interdependence means the country is dependent upon a different economy for the various eco...

Q: #2 pls

A: All these costs are inter related. Q=10 TC=50 FC=10

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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

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A: Marginal cost refers to those cost that firm incurs when it decides to produce an additional unit of...

Q: PART A: Several years ago, hurricane Gilbert destroyed thousands of acres of banana in Jamaica. Farm...

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A: The farmers whose crops were not destroyed benefited from the hurricane. The reason for this is that...

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A: Hello. Since your question has multiple parts, we will solve the first question for you. If you want...

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A: Rivalrous goods are those goods that only one person can utilize. Non-rivalrous goods are those good...

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A: ‘Economics’ is the study of how humans interact and take decisions in the face of scarcity.  Also it...

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A: If the patent expires then many firms start to produce Chemical X.

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Q: what is the role of government in bringing about Pareto-efficiency

A: Pareto efficiency, also known as Pareto optimality, is an economic condition in which resources cann...

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A: Note: Since you've asked multiple subparts, we will solve the first three question for you. If you w...

Q: Economic Solve this question

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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: Question 2 a. A producer borrows money and starts a business. He himself looks after the business. I...

A:

Q: In his 2020 State of the Nation Address (SONA), president of South Africa humbly noted that. "Even i...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: Role of Silk road of fund on CPEC.

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Q: So that a firm break even  fixed cost $30,000 price=$8.90 variable cost per unit (avc)=7.40

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Q: Steven has a job - manual labor at the railways - in which he lays down railway track True or False

A: Manual labor at the railways in which Steven lays down railway track is considered as job. 

Q: Describe the key elements of the triangular trade.1. What continents did the triangular trade connec...

A: Trade refers to the purchase and selling of products and services in the market.

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A: Price elasticity of demand is the measurement of change in quantity demanded with respect to change ...

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A: Gross domestic product is considered to be a measure of the market value of all the services and fin...

Q: 5) If Hilltop Turf Farm's total cost of producing acres of sod is TC= 0.20- 1200 - 5,000, the margin...

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Q: In his 2020 State of the Nation Address (SONA), president of South Africa humbly noted that. "Even i...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

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Q: When the production volume (Q)is(100)units and the total costs (TC)is (1500) omani RIyals and fixed ...

A: Total cost TC = Fixed cost FC + Total Variable cost TVC  

Q: What are three ways small businesses can be defined?

A: Business: It means the organized efforts and activities of individuals to produce and sell goods and...

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A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

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Q: The table below shows the demand schedules for pizza for Abby and Barry who are the only buyers in t...

A: The demand schedule depicts the maximum price which a buyer is willing to pay for a given quantity. ...

Q: The total cost of production equals Select one: a. average total cost + average variable cost b. ave...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: Two firms producing identical products may merge due to the exitence of Multple Chelce economies of ...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...