QUESTION 4 If the automotive industry is focused on achieving a certain plant pollutant emission level by 2025, that is an example of a objective O Industry objectives O Bottom-line objectives O Organization-specific objectives
Q: One theory of a contributor to poverty is that it plays an important role or function in society and…
A: Poverty in the simplest language or sense is known to be as the state where actually one lacks basic…
Q: Clarify statement: "Economic growth, when accounting for inflation, is the increase or improvement…
A: Real GDP = Nominal GDP - Inflation
Q: 6. Gains from Trade Indicate whether each of the following statements is true or false. Statement 1.…
A: When talking about international market, the primary motive of people to enter this market is to…
Q: kinda elaborate further on LABOUR SKILLS as a factor firms should consider when deciding to invest…
A: Investment refers to the process where people or firms pay other firms or organizations in return…
Q: The short-run supply curve for a price-taking firm is given by: Select one: a. its short-run…
A: A firm operating in a perfectly competitive market is reffered to be as a price taking firm. This…
Q: Why do Countries Use Restrictions on Trade? What are the Reasons? Types of Trade Restrictions:…
A: Trade Restriction:- A trade restriction is a manufactured barrier to cross-border exchange in…
Q: If your nominal income rose by 5.3 percent and the price level rose by 3.8 percent in some year, by…
A: Real income is income adjusted for inflation where nominal income does not account for price…
Q: A2) Economics When there's a large and ongoing budget deficit, under which scenario is inflation…
A: Generally , a budget deficit is the difference between all receipts and expenses in both revenue and…
Q: Refer to the tables in Questions 2 and 3 to identify which of the below is correct. Select all…
A: Introduction Break even point is where total revenue will be equal to total expenses. Here total…
Q: Why Ghana is considered an importer of inflation?
A: Inflation is generally a situation where the increase in prices can be seen and they are evident…
Q: Suppose that on January 1, 2022, the price of a one-year Treasury bill with a face value of…
A: Given: The face value is = $1,000 The price value is = $926.78 The real interest rate turns out to…
Q: A country is in the midst of a recession with real GDP estimated to be $13.5 billion below potential…
A: It is given real GDP is estimated to be $13.5 billion potential GDP. MPC is 0.90
Q: Briefly discuss the advantage of quota vs. tax to limit externalities from consuming sugary…
A: A basic method for nations to produce public revenues that enable them to support investments in…
Q: 11- Which of the following would cause the short-run market supply curve to shift inward? Select…
A: The diminutive run individual supply bend is the person's peripheral expense at all focuses more…
Q: a. Complete the following table by filling in the fixed cost (FC), variable cost (VC), total cost…
A: Formula to calculate:- Total Cost:- TC=Variable cost+Fixed cost Marginal Cost:-…
Q: nomics onsider two countries, the United States (U.S.) nd Japan. In the U.S., there are two firms,…
A: Calculation of GDP using Expenditure Approach : GDP = C+I+G+NX where, C = Consumption by households…
Q: W2
A: The costs and the revenue are important for a firm to analyze because with the cost and the revenue…
Q: Table) Based on the table, what is the average total product when John's Salsa Company hires three…
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: What is demand? (
A: Demand is a powerful economic factor because it drives businesses to produce, develop supplies, and…
Q: 12.5% and each month you make only the minimum payment of 5% of your balance, what your balance…
A: Given, P = $7500 Interest rate = 12.5% Minimun Payment Interest = 5% = 0.05 Time = 24 months
Q: 31. Which of the following shifts the aggregate supply curve? an increase in the price of oil b. C.…
A: In an economy, aggregate supply curve is the curve that depicts the overall production of output…
Q: and
A: Perfectly competitive market has been characterized with large number of buyers and sellers. Firm is…
Q: Total Factor productivity is measured by yield. Select one: O True O False
A: "Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: 01
A: Portion of a total strategic plan could be a marketing plan. The basis for a well-written business…
Q: Eng. Economic Q1. Would a dollar tomorrow be worth more to you today when interested is 20% or 10
A: Given information: Interest rate = 20% Second interest rate = 10%
Q: The CPI for the year 2005 was 110 and the Nominal GDP for that year was $ 67,500 million. Determine…
A: Nominal GDP is classified as the overall measurement concerning of the economic output which is not…
Q: Government statisticians have estimated that . frictional unemployment is 3.5%; and structural…
A: Natural Rate of Unemployment = Frictional Unemployment + Structural Unemployment It is defined as…
Q: 28- Which of the following factors does NOT influence the price elasticity of demand of a prod the…
A: Price elasticity of the demand is considered as that economic activity or measure with basically…
Q: Solve it as soon as possible If 45 units are sold at a price of $15 and 75 units are sold at a…
A: Price elasticity of demand refers to the proportion extrade in the amount of demand that…
Q: assume your price is equal to marginal cost and marginal cost slopes upwards. in the short
A: Perfect competition is a market in which there are a large number of buyers and sellers, all of whom…
Q: 8. Cost-benefit & Cost-effectiveness analysis Given the information below, answer the questions that…
A: Dear learner you have posted a question with multiple sub parts, as per our policy we have solved…
Q: 2. The inflation rate of Alternatown is currently 3.75%, and the real interest rate is currently…
A: Here, some information about inflation rate, real interest rate and nominal interest rate is given…
Q: A local company is planning to manufacture and market a four-slice toaster. For this toaster, the…
A: Weekly Demand = 300 toasters @ $25 each and Weekly Demand = 400 toasters @ $20 each Note:- Since…
Q: 4. The table refers to an open economy with a government sector. In which situation is the economy…
A: Aggregate expenditure is the sum of consumption, investment, government spending and net exports…
Q: Y5
A: Production is Real GDP. Spending is aggregate demand.
Q: When a true null hypothesis is rejected in a hypothesis test, the researcher or analyst has A.…
A: Null hypothesis: A null hypothesis is a form of assumption used in research that indicates that some…
Q: 6) You have a balance of $7500 on your credit card and you make no further charges. If your APR is…
A:
Q: What is the economic rationale for single payer health insurance? Discuss the economic principles…
A: The complicated relationships between employment, health insurance and expenses, as well as…
Q: What is neoclassical growth model of economic growth?
A: Economic Growth When economic growth is defined as a rise in people's real income it indicates that…
Q: Check the following production functions verify the following (i) out increasing L and K, (in)…
A: We use the following condition F(tL,tK) >tF(L,K) IRS F(tL,tK) < tF(L,K) DRS F(tL,tK) = tF(L,K)…
Q: Which of the following is not a source of economic growth? OA. appropriate incentive system OB.…
A: By and large, are two fundamental wellsprings of monetary development: development in the size of…
Q: SOLVE IT CORRECTLY AND DETAILS Q)Explain the relationship between inflation and unemployment, as…
A: Phillips curve explains relationship between inflation and unemployment. There is tradeoff between…
Q: Suppose that the Consumer Price Index (CPI) at year end 2019 was 290 and 12 months later at year end…
A: Inflation happens when costs ascend across the economy, diminishing the buying influence of your…
Q: 7. Data for Windsurfing Sail Firm Q = Quantity; FC = Fixed Cost; VC =Variable Cost; TC =Total Cost;…
A: We have given the data for fixed cost and variable cost for the output level from 0 to 7 Q FC VC…
Q: Q3. d) Suppose the interest rate rises. Then you will you save more while wor Select one: True False
A: An interest rate is basically determined as the certain value of the principal amount of overall…
Q: 9) Explain the law of demand, the law of supply, and market equilibrium. Answer question 10 using…
A: Note: You have uploaded two different questions simultaneously. Hence, we shall answer the first one…
Q: 2. Classify each of the following items as a public good, a private good, a natural monopoly good,…
A: Meaning Public products are the ones which are given by the nature or the public authority with the…
Q: ou have just won 10 million dollar in the lottery which promises to pay you 1 million dollar every…
A: Given the information: The winning amount of the lottery = 10 million dollar Each year payment = 1…
Q: Assume an oligopolist confronts two possible demand curves for its own output, as illustrated below.…
A: In oligopolistic market, there are few large firms dominating the market.
Q: 1- Provide one reason why there is so much advertising in the monopolistic competitive industry?
A: Monopolistic competition happens when an industry has many firms offering items that are…
Step by step
Solved in 3 steps
- How can high-income countries benefit from covering much of the cost of reducing pollution created by low-income countries?A city currently emits 15 million gallons (MG) of raw sewage into a lake that is beside the city. Table 12.13 shows the total costs (TC) in thousands of dollars of cleaning up the sewage to different levels, together with the total benefits (TB) of doing so. Benefits include environmental, recreational, health, and industrial benefits. Using the information in Table 12.13 calculate the marginal costs and marginal benefits of reducing sewage emissions for this City. What is the optimal level of sewage for this city? How can you tell?Can extreme levels of pollution hurt the economic development of a high-income country? Why or why not?
- As the extent of environmental protection expands, would you expect the marginal benefits of environmental protection to rise or fall? Why or why not?Econo X C A small city has an open space in X + =es/3d8faf7a-7f4e-423e-967d-dd440d76e4f0/5/6rnrrh/tools/assessment/items/1d065957-ec50-43fd-8ea9-... -5% True Command-and-control regulation is typically more efficient than emissions taxes. Answer Bank Pollution taxes encourage firms to find innovative ways to remove pollution. H Firms generate the same level of pollution regardless of any pollution taxes that are imposed. With a pollution tax, firms must pay a fine if they pollute more than the legally specified amount. Q Search Resources Ex Give Up? False A A pollution charge and a pollution tax are the same thing. Q Hint GComputer models of global climate changecaused by increasing carbon dioxide in the atmosphere predictnot only higher overall temperatures, but also more intense andfrequent heat waves. During the devastating European heatwave in the summer of 2003, between 35,000 and 52,000“excess deaths” occurred. Before taking specific actions toreduce carbon dioxide emissions, economists and politicians tryto estimate the costs. Should excess deaths be included as acost of inaction? If so, what value should we place on a life?
- QUESTION 7 Choose a wrong statement about uniformly mixed fund pollutants. O The damage caused by uniformly mixed pollutants is relatively insensitive to where the emissions are injected into the atmosphere. A difficulty with emission charge is determining how high the charge should be set in order to ensure that the resulting emission reduction is at the desired level. The policy can focus simply on controlling the total amount of emissions in a manner that minimizes the cost of control. O The cost-effective allocation is found by equating the total control costs of the two sources.4. Understanding different policy options to correct for negativeexternalities Carbon dioxide emissions have been linked to melting of sea ice. The following table lists some potential regulations targeting the amount of airborne carbon dioxide. For each policy listed, identify whether it is a command-and-control policy (regulation), tradable permit system, corrective subsidy, or corrective tax. Tradable Permit System Public Policy The government limits total carbon-dioxide emissions by all factories to 260,000 tons per five years. Each individual factory is given the right to emit 230 tons of carbon dioxide, and factories may buy and sell these rights in a marketplace. Trees take carbon dioxide out of the air and convert it to oxygen, so the government funds a tree-planting initiative by offering $440 to any citizen who plants a tree. The government orders every factory to adopt a new technology, which reduces carbon-dioxide emissions into the atmosphere. The government charges…Firm 11 2 Initial Pollution Level 3 100 200 $20 $40 Above is tabulated the pollution level in tons for three different manufacturing firms, as well as their cost per ton of reducing pollution. The government has decided to limit total pollution to 300 tons, and distribute to each firm 100 permits, each allowing the firm to emit 1 ton of the pollutant. By how much would the total cost of the pollution reduction initiative be reduced if the firms are allowed to trade their permits, as opposed to not letting them trade them? Cost of Reducing Pollution by 1 Unit $10 300
- Define (a) externalities and (b) sunk costs, andthen give examples of each that might be involvedin a proposal by an energy company to build anew coal-fired electric power generating unit. Howwould these factors be worked into the analysis?мсо 46 If the units of output purchased in a competitive market generate positive externality benefits, we can infer that the competitive equilibrium outcome is such that: A the market price is equal to marginal social benefit B marginal private cost is greater than the market price C I do not want to answer this question. D marginal private cost is greater than marginal private benefit E marginal private cost is less than marginal social benefit F marginal private benefit is greater than marginal social benefitWhat advantages and disadvantages do you see in using acap-and-trade system to reduce greenhouse gas emissions?What pros and cons do you see in using carbon taxes toachieve this goal? What do you think of the idea of a revenueneutralcarbon tax? If you were a U.S. senator, what type ofpolicy would you support in order to address emissions in theUnited States, and why?