in the market for cola how does the market equilibrium change when both the supply of cola and the demand for cola decrease? The equilibrium price of cola _____ and the equilibrium quantity of cola _______.  A. Falls; decreases B. might rise or fall; increases or decreases C. rises; might increase; decrease, or not change D. might rise, fall, or not change; decreases

Q: The Norway spruce trees that are grown in Christmas tree farms are considered? A. Land B. Capital C.…

A: The measure that depicts resources or inputs that are being used in process of production for…

Q: Problem 1 View Help Mario consumes only cheese and crackers. a. Could cheese and crackers both be…

A: 1. When a person's income rises, their consumption of an inferior good decreases. In spite of having…

Q: A small business can produce a maximum of 43 of its product per month and sell them for $7 each. The…

A: Given information: A small business can produce a maximum of 43 units of its product per month, and…

Q: Which of the elements of this scenario represent a flow from a firm to a household? This could be a…

A: Circular flow of diagram represents the interrelationship between the four sectors of the namely…

Q: A model of saintlihood and altruism, when Mother Teresa accepted the Nobel Prize for Peace in…

A: The "Blessed Teresa of Calcutta" was awarded the Nobel Peace Prize in 1979 for her efforts in the…

Q: Historically, which of the following was correct about banks in America ? A. most banks were small…

A: In America, the first bank was established in 1791. Even though it was a small bank, it was willing…

Q: Increasing the minimum wage has no impact on employment, regardless of the size of the increase.…

A: Minimum wages refers to the minimum remuneration given to employee by employer for doing work by…

Q: 15. If government's spending increases by 60 and marginal propensity to consume is 0.8, how will the…

A: Given information: Government spending increases by 60 i.e., Change in government spending = 60 and…

Q: (Figure 1.7) This economy will be operating inefficiently at 6 Multiple Choice O O Point H only.…

A: The curve that depicts various combinations of two goods or services that could be produced using…

Q: 1. Players 1 and 2 are bargaining over how to split 5 dollars. Player 1 proposes to take si dollars…

A:

Q: 8

A: Inflation is outlined because the rate at that costs for merchandise and services rise.. The two…

Q: In the Neoclassical firms maximize profits when a. marginal efficiency of capital = interest rate b.…

A: The price of a factor of production is often explained by the marginal productivity theory of…

Q: I need help True or False

A: We know that Microeconomics is that branch of economics where we study the economic problem and…

Q: Price Year (Dollars per pencil) 2017 1 2018 2 2019 Year 2017 2018 4 2019 Pencils Nominal GDP…

A: The total economic production produced in a year, evaluated at the going rate on the market, is…

Q: R8

A: Labor Force:  The Labor force includes all those people who are currently working and/or in search…

Q: Discuss the positive or neg ative impacts of globalization on the developing countries in general…

A: Positive impacts on globalization Africa:   The Economy Politics Culture Security has added a lot…

Q: The BRICS (Brazil, Indian, Russia, China and South Africa) are some of the rapidly growing economies…

A: An economy is the framework that governs how a nation or region organises its money, industry, and…

Q: d. Determine the Paasche price index. (Round your answer to 2 decimal places.) Paasche price index…

A: d) Paasche Price Index can be expressed as: PPI=∑P2018×Q2018∑P2010×Q2018×100 After inserting the…

Q: Leather jackets and leather belts are ________. A fall in the price of a leather jacket will…

A: According to the law of demand, as the price rises, the quantity demanded falls. The link between…

Q: Companies building stagecoaches understood the marginal concept. After experimentation, it was…

A: In a production unit, some factors can be fixed and some others can be variable. This is a concept…

Q: . The price elasticity of hamburgers has been estimated at -1.20 for a wide range of prices. If…

A: Price elasticity is an economical concept used by the economist to analyze the change in quantity…

Q: (d) Use your (rounded and correct) answer from part (c) to complete the following. The price of this…

A: The price of the market basket of recreational water equipment in the year 2013 = [CPI value for the…

Q: To derive the demand curve for a firm for one of the several variable factors, the following must be…

A: Since you have posted multiple questions, we will answer the first question for you. If you want any…

Q: A man wishes his son to receive P250,000 ten years from now. What amount should he invest if it will…

A: The present worth technique is very famous in industry since every single future expense and incomes…

Q: oligopoly

A: A market is defined as the total number of buyers and sellers in a certain area or region. The…

Q: 1. In Town A there is only one newspaper, Daily Outrage. The demand for the paper depends on the…

A: Given data  The given expression for demand function Q=15S12P-3. The unit of scandal is £10S.

Q: the demand curve for a monopolist is 2p=100-q find total revenue average avenue and marginal…

A: Given the demand curve for a monopolist, 2p=100-q First we find the Total revenue (TR), TR=p×q

Q: e oligopoly in your own words and elaborate on the characteristics of oligopoly? .

A: OLIGOPOLY: The term oligopoly market refers to the situation under which there is a small number of…

Q: 1. In the circular flow diagram, firms households goods and services a. demand, supply b. supply,…

A: The circular flow diagram refers to the graphical representation of the interaction between firms…

Q: Benefit–cost analysis has been used to assess the desirability of efforts to control pollution. This…

A: When the action of producer or consumer affects the third party who is not involved in the process…

Q: Do it quickly questions

A: Producer surplus Is that surplus which are lies below the price level and above the supply curve.…

Q: 1. Why does the goal of efficiency conflict with equity?

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

Q: 4. Inflation and interest rates The following table shows the average nominal interest rates on…

A: Nominal interest rate alludes to the interest rate prior to considering expansion. Nominal can…

Q: 3)

A: According to the question The given matrix here indicates the cost expected from  4 alternatives…

Q: M Suppose that GDP (Y) IS 5.000. Consumption (C) is given by the equation C - 500 +.5(Y-T).…

A: Introduction We have given data of income of an economy. The sum of all incomes of the peoples of a…

Q: Consider a market in which the demand curve is given by P= 1000-50, and the supply curve is given by…

A: "A demand curve shows a negative relation between price and quantity of a good demanded and supply…

Q: Answer pease questions

A: Sustainable development is a philosophy that aims to achieve human development goals while also…

Q: Problem 4: Consider the following Cash Flow. Write the required equations needed to solve the Annual…

A: To find the annual worth of above cash flow we firstly find the present worth of the cash flow .

Q: Country X                                $m Private Consumption Expenditure                   400…

A: Disclaimer :- since you asked multipart question we are solving first 3 subparts as per guidelines .…

Q: Benefit–cost analysis requires the monetization of all relevant benefits and costs of a proposed…

A: Value of environmental good is done through various methods to learn the value of these goods from…

Q: diffrenciate between Nominal and real GDP.

A: In economics, gross domestic product (GDP) is one of the economic tools that is used to determine…

Q: 8

A: Microeconomics is that branch of economics where we study the economic problem and issue at small…

Q: Given a US firm’s average revenue function: AR = 36 – 1.5Q     Calculate the price and total…

A: Introduction Here we have given average revenue of a firm. As we know that when average revenue is…

Q: Beth is a hard-working college senior. One Sunday, she decides to work nonstop until she has…

A: Marginal means an addition. Here marginal gain means additional problem's solution by berth for 1…

Q: When savings are at $1300 and income is worth $2200, what would the value of consumption be?

A: Given, The information in the above query is:   Savings = $1300Income = $2200 Calculating…

Q: Economics Economics question 1) Do you think that State Sovereignty gets in the way of Emergency…

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

Q: educed availability of money will result in: A, a reduction in investment in the medium run B. an…

A: The measure that depicts cash and liquid assets being in circulation in the economy of a nation is…

Q: 9

A: Here ,we calculate the Annual Worth of the bidder by using the given data , so the calculation of…

Q: pls answer B on paper

A: National Income : Y = AE i.e. income is equals to aggregate expenditure