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

Q: Inflation The consumer price index (CPI) of a certain country s given by I(t) = -0.02t³ + 0.4² +126…

A: We have  given CPI equation for t=0, 1, 2, 3 and 4

Q: If Mylan continues to charge $150 per EpiPen, Mylan will earn economic profit. True or False: Given…

A: Introduction Here cost and revenue of a pharmaceutical Mylan has given. Mylan produces injection…

Q: Mrs. Dolly Bugtong plan to travel abroad with her family. What amount should she save at the end of…

A: Given : Interest = 1.44% Future value of accumulated amount = 250,000 Time Period = 250000 Here, in…

Q: Select all that apply Which of the following are accurate statements about recent trends in the…

A: In the United States, it can be said that the the income of the rich and poor people shows a…

Q: If, using the same factors of production, France is able to produce more wine than England, France…

A: There are two countries France and England and one is producing more unit of a good using the same…

Q: now the impact of the increase in government purchases on the interest rate by shifting one or both…

A: Answer - Monetary Policies :- These are the policies which is used by the Central Banks of…

Q: Actual GDP in a country is $100 billion and potential GDP is $150 billion. Prices are virtually…

A: According to question, The current GDP is $100 billion, while the potential GDP is $150 billion.…

Q: Consumption expenditure Investment Government expenditure on goods and services Exports of goods and…

A: Gross Domestic Product (GDP) is defined as the monetary value of all final goods and services…

Q: (a) During the period of low demand (October to June) please determine the price Heathrow would…

A: a) During the lower demand period: For the given graph, the firm will produce its profit-maximizing…

Q: Which of the following is true about Central Bank Digital Currencies (CBDCs)? Central Bank Digital…

A: Central Bank Digital Currency Central bank digital currency is abbreviated by CBDC. It is the…

Q: Price Quantity Demand 50 850 45 950 40 1000 30 1500 20 2000 10 2500 Solve for the elasticity of…

A: Price elasticity of demand refers to tue percentage change in quantity demanded due to the…

Q: Cambodinam had a GDP in 2020 of 300 billion pesos. In 2021 its GDP was 330 billion pesos. The…

A: According to the question,  GDP in 2020 = 300 billion pesos GDP in 2021 = 330 billion pesos…

Q: The following table shows the outputs and prices of three products produced by an economy in 2018,…

A: To compute the GDP, we require to multiply the quantity of every product by its price and after…

Q: 7. Use of discretionary policy to stabilize the economy Should the government use monetary and…

A: Aggregate demand- aggregate supply model determines the equilibrium real GDP.

Q: In a competitive duopoly setting group pricing allows firms to extract each consumer while at the…

A: In a perfectly competitive market, the prices are determined by the industry. While the firms…

Q: SCENARIO 3 Two samples each of size 25 are taken from independent populations assumed to be normally…

A:

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: Question 11 When leakages are greater than injections the economy will

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

Q: What are the items that make opportunity cost differ from the accountant's measure of cost? A firm's…

A: A firm's opportunity cost is the cost foregone in terms of the next best alternative to pursue the…

Q: Draw a correctly labeled graph of the foreign exchange market for dollars between US and Japan. Show…

A: The foreign exchange market represents the supply and demand curve for the dollar in terms of…

Q: Calculate the present worth of all costs for a newly acquired machine with an initial cost of…

A: Answer; Given   Initial Cost = $ 24,000   Useful Life = 15 Years   Operating Cost =…

Q: Prospect Y = ($10, 0.25 ; $13, 0.75) If Will's utility of wealth function is given by u(x)=x0.25,…

A: Prospect Y = ($10, 0.25 ; $13, 0.75) And Will's utility of wealth function is given by u(x)=x0.25

Q: The State of Florida is considering building a high-speed rail line from Orlando to Tallahassee that…

A: Given information State of Florida is constructing a high rail line. It requires to conduct cost…

Q: Year: 2021 Value added of agriculture, fishery and forestry sector Value added of industry sector…

A: * SOLUTION :-    Given that ,

Q: Q4. Suppose that the economy is characterized by the following behavioral equations: C = 160+ 0.6YD…

A: Here, information about consumption, investment, government spending, and taxes is given for a…

Q: Refer to Figure 3-1 in Question 16. Assume the situation starts as in the previous problem (Inco…

A: Utility maximizing condition is determined by the condition of tangency. The slope of Budget…

Q: 1) What is mandatory spending (non- discretionary)? 2) What is non-mandatory spending…

A: 1.  All spending that does not occur as a result of appropriations legislation is referred to as…

Q: Mobile internet provider knows that there are two types of users with 1000 users of each type. Type…

A: Total demand is communicated as the aggregate sum of total money spent on those labor and products…

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: The Federal Reserve will: A increase government spending to increase AD B increase taxes to increase…

A: The Federal Reserve uses monetary policy to stabilize the economy. Monetary policy changes the money…

Q: Transactions on a debit card can't affect your credit history. O True O False

A: Answer :-   True    Transactions on a debit card can't affect your credit history.           The…

Q: In a perfectly competitive market for a good with a downward sloping demand curve and an upward…

A: The measure that depicts benefits or costs that are not being not received or incurred financially…

Q: 1) Which of the following best describes the multiplier effect A an initial increase in interest…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Price Question 3 What would happen to equilibrium price and equilibrium quantity of khaki pants…

A: Equilibrium in the market occurs at the intersection of demand and supply curves.

Q: A generator costs P 85,141 if paid in cash. On installment plan, a buyer should pay P 30,001…

A: Answer; Semi annual payment =P 8783.80

Q: If current real GDP = $52 trillion and potential real GDP = $61 trillion, then the “GDP gap” = Group…

A: GDP measures the value of goods and services that are produced with in the country during a period…

Q: The price of a VW car increases from €30,000 to €32,500, and as a result Mercedes notice that the…

A: Initial Price of VW cars= 30,000 New Price of VW cars= 32,500   Initial Demand of Mercedes= 500 New…

Q: At some point, if all factors of production are being used, it becomes impossible to generate…

A:

Q: A firm in monopolistic competition faces demand of P = 446 – 2.5Q. Their costs are represented by…

A: The firm produces at MR=MC MR=446-5Q ........ An MR curve is double sloped than inverse demand curve…

Q: 2. There are four firms in the widget market. Each of them emits five units of yuck, which are not…

A: According to the question,  There are four firms in the widget market.  Each firm emits 5 units of…

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: Compute the amount the government would have to increase spending to close the output gap according…

A: Fiscal policy is the use of government spending and taxation to influence the economy.. Fiscal…

Q: ENGINE (7) A local store sells a 60" Full HD plasma TV for $30 per week to be paid in 24 months. If…

A: An effective annual interest rate is the real return on a savings account or any interest-paying…

Q: root of K square root N Compute output when K = 49 and N = 81. If capital and labor double, what…

A: Given; Production function; Y=K0.5L0.5 where; K= Capital  L= Labor Output produced:-…

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

A: Macroeconomics is an economics branch concerned with the economy's overall structure, performance,…

Q: The graph shows the market for pesticide. The firm that produces the pesticide dumps waste into a…

A: In economics, market equilibrium is a situation in which economic forces such as supply and demand…

Q: Please give an example of a market that comes close to being considered perfectly competitive. What…

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

Q: se the data below to answer the question Autonomous consumption = 10 Autonomous investment = 5…

A: Y = C + I + G+NX Where C = a+bY0

Q: (Figure: Paloma's Budget Line) Use Figure Paloma's Budget Line. The price of a cup of tea is $3, and…

A: The budget line is a graphical delineation of all possible combinations of the two commodities that…

Q: 40. When we want to measure wage inflation in the labor market, we use the: O Consumer Price Index O…

A: Option 3rd is correct.  1st option - incorrect  Consumer price index is used to measure change in…