Q: Using the following diagram (the equilibrium quantity is 5.5, the supply curve intersects the price ...
A: a. P=7.5 Q=3.5
Q: A new project is being planned for a study period of 8 years. It will require P250,000 for the start...
A: The yearly effective interest rate is a rate of interest calculated using a variety of observations ...
Q: Give an example of an Elastic product, what makes it elastic? What can make it become inelastic? Gi...
A: The demand for the product is elastic when the change in quantity demanded of the good is more than ...
Q: D (p,q,m) = 10p-0.8q-0.5m1.1 %3D where p: price of good X,q: price of good Y (related good)and nd th...
A: Cross price elasticity of demand measures the percentage change in the quantity demand of good X due...
Q: An economy with competitive markets has 2 kinds of jobs, Routine & Skilled. There are 2 types of wor...
A: Option B is the correct Answer
Q: Please explain in simple words the environmental management and responding to climate change and ene...
A: The present state of the environmental crisis is such that focussed, intended frameworks are much ne...
Q: countries, Home and Foreign, whose is SH = 900.000 and SF = 1.600.000. d curve of the industry i is ...
A: *Answer: The general demand (dd) function is: Q = S[1/n – b(P – Pavg)] Where, Q is the sale of an i...
Q: 4. Consider the following strategic environment involving a firm manager (Manager) and two workers (...
A: Given, One ManagerTwo Players : Worker 1 and Worker 2Both Workers have the same strategies : Work h...
Q: A firm’s average cost (AC) per unit of output depends on the number of hours of skilled labor (S) an...
A: The average cost curve is the Total Cost curve divided by quantity. The average cost curve is U-shap...
Q: Consider a numerical example using the Solow Growth Model, for 2 countries. Country A: d=0.1, s=0.3,...
A: Introduction Its answer is country B Income of country A is YA = K0.3 L0.7 Income of country B is YB...
Q: 1. Use the model of the small open economy to predict what would happen to the trade balance, the re...
A: Small Open Economy refers to a model which participates in international trade, but is of small size...
Q: How did the large decrease in aggregate demand during the first and second quarters of 2020 (the Cor...
A: The economies around the globe are involved in various economic and financial activities. The econom...
Q: :On the CVP graph, the intersection between the total costs line and the Y axis represents The margi...
A: The point where the Y line and the fixed cost line meets is the Y-intercept which shows the intercep...
Q: 1. The movement from point A to point B on the graph is caused by a. an increase in price. b. ...
A: Demand is made of different combinations of price and quantity demanded.
Q: Suppose that virtually everyone in the United States decides to take life a little easier, and the l...
A: Below is the given information: The fall in average workweek = 25%
Q: TRISTAN WALKER is the founder of Walker & Company, which makes health and beauty products for people...
A: On got some information about the best guidance he at any point got he referenced: Actor and maker T...
Q: An electronics firm is planning to manutacture a new handheid gaming device tor the preteen market T...
A: The data given is:- The production time for 1000 units = 100 hours O&M cost per unit = 0.1 * 25...
Q: Which of the following statements conceming the changes that occur is corret if you were to make a $...
A: Given: Deposit=$200 Reserve ratio=0.10
Q: O Why the financial manager should maximize their wealth?
A: Profit maximization is a point where the marginal revenue(MR) is equal to marginal cost (MC) margina...
Q: In its 2021 Budget, the Canadian federal government estimated that for the fiscal year 2021-22, its ...
A: Large federal budget deficits are dangerous to the fiscal health of the Canadian federal government....
Q: A firms production function is Q (L) = 15L2 - 0.1L3 = where output (Q) is a function of a single in...
A: (i) Total Product=Output=15L2 - 0.1L3 FOC: Maximizing TP : Differentiating TP function wrt L and equ...
Q: Explain how an increase in tax can reduce tax revenue of a government
A: Tax is the major source of revenue for the government. The major government spending is funded from ...
Q: Corn is a very valuable product for which the U.S. government routinely offers subsidies. With no pr...
A: The data given is as follows:- Equilibrium price of corn = $300 Equilibrium quantity of corn = 500 m...
Q: 2. The relationship between price and demand per month for a consumer product is p = 3500 -1.1D1S wh...
A: Here, demand curve is given as: P=3500-1.1D1.5 Fixed cost: $300 per month Variable cost: $4 per uni...
Q: Humana Hospital Corporation installed a new MRI machine at a cost of $760,000 this year in its medic...
A: Given information Machine cost (MC) = 76,000 n = 5 Machine sold (MS) = $115,000 Return requirement ...
Q: Suppose that the population growth (gN) is 3% p.a., technological progress is 0,001% p.a. (gA) and t...
A:
Q: The competitive firm's long-run supply curve is that portion of the marginal cost curve that lies ab...
A: A perfectly competitive firm's short-run supply curve is that portion of the marginal cost curve tha...
Q: You are the manager of a firm that uses only labor and capital to produce your product. Assume you h...
A: Optimal input bundle would be when the following condition holds,Marginal product of labor / wage ra...
Q: 1. Complete the following table. Total Fixed Total Cost Average Marginal Cost Variable Average Total...
A: Some basic formula that will be used to complete the given table Total cost = Fixed cost + Variable...
Q: You bought an antique car three years ago for $500 000. Today it is worth $650 000.(a) What annual i...
A: Time (t =) 3 years; Principle (P) = $500,000 Worth after 3 youlf x= $ 150,000
Q: What are the two main limitation of macroanalysis? Discuss briefly in few sentences:
A: The two limitations of macroanalysis are as under: (1) A person is completely unnoticed. The basic g...
Q: 1.a) Which of the following hampers the growth of global economy? a) spread of capitalism around th...
A: 1. (a.) Protectionism : The protectionism can be defined as the economic policy which restricts the...
Q: questions below pertain to converting the following a, A→ X b. AY a, Y →A b, X → A A, AX Question 4 ...
A:
Q: Find the maximum profit and the number of units that must be produced and sold in order to yield the...
A: Given Revenue function: R(x)=2x ... (1) Cost function: C(x)=0.05x2+...
Q: Give a concrete example showing how Aid for Trade had succeeded or failed in certain countries. Expl...
A: Trade-related aids can be considered as one of the most important tools for providing support for tr...
Q: 6. Tariffs as trade policy always involve economic costs to the trading countries; less trade, highe...
A: A tariff is a sort of border tax imposed by a country on an imported commodity. Tariffs have long be...
Q: Consider the following numerical examples for the Solow Growth Model: Economy A z=1 s=0.5 F(K,N)=K0....
A: The balanced growth path in the Solow model is a steady state in which economic variables like K and...
Q: Colleges and universities use such things as grade point averages and standardized test scores as O ...
A: Rationing is a term used in economics to describe the artificial management of commodity supply and ...
Q: The smartphone producer controls the privacy settings on the smartphone. The smartphone producer cho...
A: Since the question you have posted consists of multiple parts, we will answer the first two parts fo...
Q: An investor has decided to commit no more than $80,000 to the purchase of the common stocks of two c...
A: The optimal price is the one that maximises the seller's overall profit. When a price is set too low...
Q: The manager of a small town grocery store who is in charge of ordering products reads in the newspap...
A: Inferior goods have a negative income elasticity of demand because, with an increase in income of co...
Q: Question 18 HomeworkUhansweed Due Mar 22nd, 11:59 PM Refer to TABLE1. In 2010, this country's real G...
A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in ...
Q: A bank predicts the total amount of deposits based on the Federal Reserve Prime Interest Rate. The R...
A: R^2 is also called goodness of fit. It tells how well the regression model is fitted in the data obs...
Q: Suppose a nation’s firms make heavy use of factors of production owned by residents of foreign count...
A: Since, Gross Domestic Product (GDP) is calculated by summing the monetary values of all the final go...
Q: show FUll solution! An electronic store that sales transistors pay their lot space P 200k annually....
A: Here, given information is: Fixed cost of electronic store: P 200k Variable cost of transistor per ...
Q: What do you think is the most important aspect to consider when trying to understand the concept of ...
A: Globalization is defined as the process under which interactions takes place between individuals, fi...
Q: Three voters vote over two candidates (A and B), and each voter has two pure strategies: vote for A ...
A:
Q: The autonomous savings level is -300, if the income increases to 500, the level of consumption will ...
A: Autonomous saving= -300 Income=500 Consumption= 700
Q: 1- Solve the set of simultaneous equations below: a- 2x-4y=-24 9x-3y=-3 b- 2x+3y=27 6x+9y=81
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
Q: 4. If there is a surplus of video games, what needs to happen to the price for the market to reach e...
A: Price Qua100ntity Deman90ded Quantity Supplied 100 100 1100 90 200 1000 80 300 900 70 4...
1.Does economic efficiency guarantee sustainability? Why or why not?
Step by step
Solved in 2 steps
- What are the necessary conditions for economic efficiency? In what 4 situations might a market fail to achieve ideal economic efficiency?What is sustainability? (Keep your answer to a few sentences at most.) What three constraints must sustainable systems meet? B I U A Sustainability is the nature of something being sustained The three constraints that sustainablo customo must mootoro A T3 x² X₂: E 12pt Paragraph E1. A process consists of one or more actions that transform inputs into outputs (TRUE /FALSE).
- Explain three ways economist define market efficient. How does efficiency relates to the economist's definition of market failure? What market structure is least likely to represent a failed market?1. Is efficient economy necessary for environmental sustainability? Justify your answer. 2. Is efficient economy sufficient for environmental sustainability? If yes, explain why. If not, what else is needed? 3. Describe bio-diversity as instrumentally valuable. 4. Describe bio-diversity as intrinsically valuable.Please answer it with clean and complete solution. Thank you.