What gives the government the power to regulate mergers between What gives the government the power to regulate mergers between firms? From the standpoint of the welfare of society, give a good reason and a bad reason that two firms might want to merge. What gives the government the power to regulate mergers between

Q: Which nations have a nonconvertible currency?

A: Non-convertible currency: A non-convertible cash is one that is utilized principally for homegrown e...

Q: A $1200 television has a 10 percent tax. Calculate the tax amount and total amount due.

A: Answer to the question is as follows :

Q: Among the stages-of-growth theory of development, the structural-change models of Lewis and Chenery,...

A: As per the model of Lewis and Chenery, it was assumed that that the employment created by the urbani...

Q: In the long run, if price is less than average cost,  there is an incentive for firms to exit the ma...

A: The perfect competition is the type of market structure where there are large number of firms and bu...

Q: Describe in your own words :Law of Demand Demand schedule Utility Marginal Utility Diminishing M...

A: Note: Since we can only answer up to three subparts, we'll answer the first three. Please resubmit t...

Q: The strike price of an option is:   a. The market price at the time the option is exercised b. The m...

A: Option refers to the contract in term of finance where the owner of the security has the right but n...

Q: Fill in the blank. In the study of the global nature of doing business in a specific country, the fl...

A: In a floating exchange rate situation, the currency rates tend to fluctuate often. A high value of d...

Q: T-Shirt Enterprises is selling in a purely competitive market.  It is producing 3,000 units, selling...

A: Perfect competition refers to the market where firm has no opportunity to change the market price be...

Q: In 2004, based on concepts similar to those used to estimate U.S. employment figures, the Italian ad...

A: Answer: Given, Adult-age population = 45.020 million Labor force = 24.065 million Number of people e...

Q: The following has NOT played a key role in the rise of Japan? a. real estate b. Keiretsu c. MITI d. ...

A: In Japan,while the market for old homes seems to be healthy, the market for new homes is being obser...

Q: Give an example of a Cobb–Douglas production function.What is the marginal productivity of labor? Of...

A: A Cobb-Douglas PF (production function) is homogeneous and homothetic in nature, which means the exp...

Q: Why is it important for business leaders to be aware of both Marco and Micro economics.

A: MICRO ECONOMICS- micro economics implies the study of the aspect of economy at individual level.it c...

Q: Economies of Scope refers to situations where per unit costs are:

A: Economies of scope is when the firm experience decrease in average total cost of production when the...

Q: The scientific method is:   not applicable to economics, because economics deals with human beings. ...

A: Economics is the branch of social science which studies the economic matters such as the production,...

Q: Nicey was temporarily laid off from his job due to slow sales. The Bureau of Labor Statistics counts...

A: The labor force level is the number of people who are either working or actively seeking work. Nicel...

Q: Al Jazeez Electronics requires all employees who work as research specialists in its electrical engi...

A: Whenever a firm wants to hire an employee they provide the required qualification and experience inf...

Q: What will happen to the demand curve for this toilet company in the long run? Describe two things th...

A: Answer - Need to find - Affect on the demand curve in long run  Given in the question -

Q: What is a simple interest rate?

A: Interest is the cost of borrowing money, where the borrower pays a fee to the lender for the loan or...

Q: Macroeconomic equilibrium occurs when aggregate expenditure = GDP. aggregate expenditure = C+ I + G ...

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

Q: 62. Which two of the following would tend to increase the supply of sterling on the foreign exchange...

A: Answer - Need to find- Condition which tend to increase the supply of sterling on the foreign exchan...

Q: Given the following short run production cost schedule:   Short Run Total Cost Function   ...

A: The money spent to purchase the factor of production to produce the good is called cost of the produ...

Q: Identify the concepts and data important to documenting changes in the economic and social developme...

A: There are several factors and measures that helps understand the economic and social weel being, gro...

Q: In the short run, policy that changes aggregate demand changes   both unemployment and the price lev...

A: Demand function describes a relationship between one variable and its determinants. It shows how muc...

Q: Consider a number of firms facing identical total cost function of the form: TC = Q3 -6Q2+10Q. The m...

A: The money spent to purchase the factor of production to produce the goods and services is termed as ...

Q: The table shows the marginal cost C'00, the marginal revenue R'(x) for producing x items. The third ...

A: Marginal cost(MC) is the addition to cost in producing one more unit of output. Marginal revenue(MR)...

Q: Japan chose to increase the production of cars between 2000 and 2008.  Assume that Japan did not exp...

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

Q: Explain in detail why economic profits are zero in the long run in the Perfect Competition (PC) Mode...

A: Solution: Perfect Competition: It refers to the market situation in which there are large number of ...

Q: how are consumption taxes different from income and property taxes?

A: Taxes are compulsory payments to governments without expectation of direct return or benefit to the ...

Q: Discuss three examples of important trade-offs that you face in your life.

A: Trade-off refers to producing one more unit of good or service in exchange for producing less of oth...

Q: Given a choice between two investments with the same expected payoff:   a. Most people will choose t...

A: To compare investments and identify the best investment, expected payoffs and standard deviations ar...

Q: Nicey was temporarily laid off from his job due to slow sales. The Bureau of Labor Statistics counts...

A: The labor force consists of the employed population as well as the unemployed population who are loo...

Q: Rising world wholesale fair-trade prices force the local Dunkin' Donuts franchise to raise its price...

A: Cross elasticity of demand (exy) is defined when due to change in price of commodity X , quantity de...

Q: Suppose that the MPS = 0.2 and the government is interested in raising the level of output in the ec...

A: MPS is marginal propensity to save is the extra amount of money that a household saves from his inco...

Q: Consider the market supply for pizza, indicate a movement along the supply curve for pizza or a shif...

A: The law of supply establishes a positive and direct relationship between the price of a good and its...

Q: Identify and describe the factors that may influencemarketing channel selection decisions.

A: A channel comprises of individuals, associations, and exercises important to move the responsibility...

Q: Answer the following questions using any tools at your disposal.  More credit will be given for answ...

A: Recession is an economical situation in a country when there has been a continuous fall in the outpu...

Q: Tracey usually pays a price between $6 and $10 per pound of rice. Her monthly total expenditure on r...

A: Price elasticity of demand the responsiveness of percentage change in quantity demanded due to some ...

Q: 253 185 212 180 185

A: A ‘consumption function’ indicates the relationship between consumption(C) & disposable income(Y...

Q: If Brent uses his credit card to purchase a new television, then the money to pay the retailer is ta...

A: M1 funds are those funds that are basically used as a medium of exchange. It includes demand deposit...

Q: If the firm is producing 700 units, what is the amount of its profit or loss?  loss of $280 loss equ...

A: Profit is the amount of money earned in excess of the expenses, i.e excess of revenue over cost, whe...

Q: A foreign exchange intervention is:   a. Synonymous with a fixed exchange rate b. The use of public ...

A:   Meaning of Exchange Rate: The term exchange rate refers to the situation under which a particular ...

Q: Explain how do the following events affect the emergence of globalization and interconnections among...

A: Globalization refers to the concept wherein the countries open their domestic economies to all the o...

Q: Suppose that the chicken industry is in long-run equilibrium at a price of $5 per pound of chicken a...

A: A market is a place where the buyers and sellers interact with each other and the exchange of goods ...

Q: Explain THREE (3) difficulties in measuring national income?

A: National income measures the monetary value of goods and services produced in the economy.  

Q: Evaluate how the following situations will affect the demand curve for iPods. (a) Income statistics ...

A: The demand curve is a graphical representation that represents the association between quantity dema...

Q: A lawyer has two clients. She charges a yearly retainer plus a separate fee for each consultation. T...

A: Given, the demand function: Client 1:Q1=23-PClinet 2:Q2=19-2P Marginal cost = $2.8 If the lawyer is ...

Q: This a part 3 questions

A: In closed economy, the equilibrium price of wheat is $340 and quantity is 100 tons of wheat but in o...

Q: Explain three (3) economic costs and one (1) social cost of unemployment.

A: Unemployment is a crisis not just for the population that is unemployed but even for the country as ...

Q: The efficiency loss of a tax is the idea that:        in addition to taking income from the citizenr...

A: Taxation results in an increase in the price that consumers have to pay above the equilibrium price(...

Q: From an initial long-run equilibrium, if aggregate demand grows more slowly than long-run and short-...

A: Lower growth in demand compared to supply will lead to a dip in prices. This is a situation of exces...