Agriculture   Group of answer choices wasn't important for the advancement of society developed by controling natural resources and having a surplus of food didn't impact population growth none of the above

Q: Suppose, the people in country X consumes good A, good B, and good C. In 2020, 17 units of good A wa...

A: Consumption expenditure includes all the consumption of goods and services within the country whethe...

Q: 1. Assume that the production of wine requires land (T) and labor (L) and it follows diminishing ret...

A: The diminishing returns to scale means that each added input (labor) will result in a decreasing rat...

Q: Under conditions of purchasing power parity (PPP), a country with a relatively _______ expected infl...

A: Purchasing Power Parity is used as a measure to compare the productivity and standard of living betw...

Q: With an example, illustrate how the multiple deposit contraction process influences money supply.

A: Deposit Contraction - If banks have extra reserves, they can lend more and expand the money supply. ...

Q: If the government wants to reduce unemployment by influencing the level of activity in the economy, ...

A: Unemployment is the state of being able to work, actively looking for job, but unable to find any. I...

Q: 4. Show on a diagram how an individual may seek to smooth their consumption over their lifetime. How...

A: The Life-Cycle Hypothesis is defined as a theory which states that consumers tend to smooth their co...

Q: The market for N-95 masks is perfectly competitive. Market Demand is given by Q-321-2P and Market Su...

A: First we need to solve for the equilibrium price and quantity. 321-2P=4P⇒P*=3216=$53.50Q*=4*53.50=21...

Q: Assume that the US economy expands and that the US Federal Reserve Bank, worried by rising inflation...

A: If there is an expansion in the United States, it will lead to arise inflation in the economy due to...

Q: Question 6 Emma S. and Madelyn G. charge people to park on their lawn while attending a nearby craft...

A: * ANSWER :-  (6)   From the given information the answer and explanation is provided as  follows    ...

Q: If the cost of producing Good A falls, this will cause      A) an increase in the market price of G...

A: In a market, the cost of producing any good influence the market equilibrium due to change in the de...

Q: A policy that increases total economic surplus but makes one person less well-off may not be economi...

A: ANSWER:OPTION B(may be economically efficient but violates the pareto criterion) The policy that inc...

Q: 2-8b What are the characteristics of a long butterfly spread: b. cost unction

A: Butterfly spreads are options strategies that combine bull and bear spreads with a defined risk and ...

Q: Production Function. Consider the Cobb-Douglas production function discussed in class: F(K, L) = AK1...

A: *ANSWER :-  (C)  

Q: As you can see from the article in the prior problem, "Rents Hit All-Time Highs amid Job Growth and ...

A: Solution:-  ▪︎ Find that the initial equilibrium price = 1500, equilibrium quantity = 500 Now, rent ...

Q: A woman arranges to repay a P10,000 bank loan in 10 equal payments at a 10% effective annual interes...

A: * SOLUTION :-  As per given data the calculations are shown below.  

Q: As a result of financial innovation, which of the following is TRUE? I. Variable interest rate mortg...

A: Answer-

Q: The price of apples falls by 5% and quantity demanded increases by 6%.  This means that the demand f...

A: Finding the change in quantity required in response to a change in the price of the good is how pric...

Q: You want to buy an apartment at the price of 4 million Hong Kong dollars. You will do this with a  m...

A: Apartment price = 4,000,000 Annual interest rate = 8% Time period = 30 years    

Q: The record of a country's transactions in goods, services, and assets with the rest of the world is ...

A: Balance of payment accounts is a statement that keeps track of all the monetary transactions (i.e., ...

Q: Which methods would you use to attract applicants to the international call centre in the United Kin...

A: There are various methods used to attract the applicants to the international call center in the Uni...

Q: 6. (continued) d) Now assume that you receive an income of £140 per week from an unknown benefactor....

A: In the figure below it is shown that when hourly wage rate increases i.e. £18 per hour. labors will ...

Q: Under perfect competition a firm will increase output if:      A) marginal cost equals marginal rev...

A: A perfectly competitive firm takes the price set by the market forces and sells each unit of its out...

Q: estion 15 Suppose the public holds no cash, & all banks hold no excess reserves. The total money sup...

A: The reserve ratio is the portion of reservable liabilities that commercial banks must hold onto, rat...

Q: 1980 7.2 63.6 168.9 1990 6.3 66.4 190.0 2000 3.9 67.0 213.7 2010 138.4 64.8 236.8

A: The labour force, or currently active population, comprises all persons who fulfill the requirements...

Q: e the quantity they buy from 1,750 pizzas a day to 2,250 pizzas a day. Calculate the price elastici...

A: given decrease in price = 10 % old quantity = 1750 new quantity demanded = 2250 %age change in quant...

Q: Assume that the government sets a binding price ceiling on the interest rate that banks charge on lo...

A: Assuming the government set a binding price ceiling on the financing cost that Bank charge on credit...

Q: Engineering Economics: Makulay ang Buhay Corporation have agreed to shoulder the funds needed for ro...

A: In the question above, it is given that : Makulay ang Buhay Corporation have agreed to shoulder the...

Q: has a comparative advantage in wine D. England has a comparative advantage in cloth and Portugal has...

A: When a country produces certain goods or services at a lower cost than other countries, it is said t...

Q: Which definition best describes real GDP? the production of goods and services valued at current pri...

A: The real GDP of a country is a measure of its gross domestic product adjusted for inflation. In comp...

Q: In no fewer than 350 words, Why is technical writing important in our everyday lives?

A: Technical writing is written to educate, instruct, or lead someone on how to do a task.

Q: Assume you can work as many hours you wish at £12 per hour (net of tax). If you do not work, you hav...

A: Here there is a situation where we can work as many hours as we can want at the rate of £12 per hour...

Q: Question 6 If people develop a new liking for pastelitos and begin to favor pastelitos to a greater ...

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

Q: Price (dollars per unit) 92 91 90 89 88 D 2 3 4 5 6 7 8 Quantity (units per day) The figure shows a ...

A: Answer: Given, Point Price Quantity A 91 (P1) 2 (Q1) B 89 (P2) 4 (Q2) The following formul...

Q: Mergers have been an important part of the airline industry. Have they been successful?

A: A merger is an agreement that brings two current businesses together to form a new one. There are va...

Q: Y=F(K,L) K=R L=L Y=C+I+G C = Co+ C1( Y – T) – C2r I = Io – 11r G=G T=T 'n that in addition to a drop...

A: According to the question,   Y= F(K,L), where K = K' & L = L' , implying K capital and Labour L ...

Q: A company has determine the price and the monthly demand of its products are related by the equation...

A:

Q: your opinion, which economic indicator, nominal GDP, real GDP,  or inflation, do you believe provide...

A: Real GDP provides a clearer picture of the state of the economy than nominal GDP and inflation. 

Q: Consider a monopolist which faces the following demand: P= 500-20Q. The marginal cost or supply of t...

A: Here we calculate the price and quantity that maximizes profit and producer surplus by using the giv...

Q: 1) Consider the following demand and supply equations for sugar: Qd=1,000-1,000PQd=1,000-1,000P Qs=8...

A: Here we calculate the following equilibrium price and quantity and effect of subsidy on quantity sup...

Q: A company plans to purchase new cut-and-finish equipment. Two manufacturers offered the estimates as...

A: Here we calculate the present worth and choose the correct option by using the given information so ...

Q: The price elasticity of demand measures which of the following? A) how responsive the quantity deman...

A: Enterprise is carried out by entrepreneur and therefore enterprise would be occupationally mobile if...

Q: The amount $101 is available to be paid out to two players. The players must make simultaneous claim...

A: Given,  Two Players : Player 1 and Player 2 The Amount to be paid to the two players : $101 The clai...

Q: explain how google has the characteristics of a monoply market structure

A: A structure of the market being depicted by high entry barriers, single sellers, being a price maker...

Q: If $500 is deposited in a savings account at the beginning of each year for 15 years and the account...

A:   * SOLUTION :-   

Q: 2. Masood quit his job at the bank Muscat where he earned RO 50,000 a year to start his own business...

A: Answer-

Q: Q3. A) If the supply price of machine is Rs. 3000 and Marginal productivity of capital is 10% , the ...

A:

Q: The market for N-95 masks is perfectly competitive. Market Demand is given by Q=432-2P and Market Su...

A:

Q: Name two changes that have occurred as a result of the Civil Rights Act of 1991

A: The Civil Rights Act of 1991, so, is a employment regulation that undermines organizations with colo...

Q: Which of the following is an example of fiscal policy? O a Controlling money supply. O b. More than ...

A: The use of government spending and tax policies to impact economic conditions, particularly macroeco...

Q: You are a medical group manager. Some market research has suggested that the price elasticity of dem...

A: Answer -