Which of the following industries had the highest unionization rate in 2011? O Construction Manufacturing Finance Transportation

Q: A firm in a perfectly competitive market has a short-run total cost function equal to SRTC=4+20q,…

A: In perfect competition there are large number of firms selling identical goods.

Q: The following graph shows the domestic supply of and demand for maize in Guatemala. The world price…

A: Domestic demand is the interest for labor and products addressed by all occupant units to fulfill…

Q: satisfaction that we get from the consumption of goods and services is called utility. Use a utility…

A: Utility graph shows the total utility with the consumption of the units consumed.

Q: If computers are like most goods and the price of computers chips fall, then holding all else…

A: Answer: A decrease in the cost of inputs leads to an increase in the supply of a good. As a result,…

Q: Review Porter’s Theory of Competitive Advantage and assess the extent to which the model can be used…

A: The competitive advantage is the benefit one company enjoys and its rivals are not due to some…

Q: 3)Consider the following table What is the total output when 2 labor are employed? Labour Total…

A: We’ll answer the first question since the exact one wasn’t specified. Please submit a new question…

Q: The buyer of a certain machine may pay either a $2,000 cash down payment and $2,500 annually for the…

A: First method: Down payment = $2000 Annual payment for 6 years = $2500 Interest rates = 12% To find…

Q: Calculate real GDP for year 2. (note: use Year 1 as the base year)    Price of wine Quantity of wine…

A: Real GDP measures the value of goods and services that are measured at base year prices. It is…

Q: You have been given the banking and financial data in the following table. Your boss wants you to…

A: Monetary base (MB)=Currency in circulation+Total reserve in the banking…

Q: after 2 years

A:

Q: There are three sets of economic growth through increases in technology. Describe how those three…

A: Economic growth is estimated by an expansion in total national output (GDP), which is characterized…

Q: A certain equipment costs P X now and has a salvage value of P 40,000 at the end of 23,000 hours of…

A: Given the information:; Equipment cost = X Salvage value = 40000 Book value after one year = 360000…

Q: A country with a strict immigration policy is now considering relaxing its policy to permit and…

A: People immigrate in order to find better job  opportunity and better place for their family etc .

Q: Under what circumstances would the declining or dying industry argument for establishing barriers to…

A: There are various contentions that help confine imports. These contentions are based around industry…

Q: Besides geometric series, in what other ways can the money supply be automatically increased or…

A: Money supply refers to the amount of money flowing in the economy.

Q: A bookstore sells 90 textbooks at a price of $70 a book. The average total cost is $50 per textbook.…

A: Given that : Number of textbooks = 90 Price of a book = $ 70 Average total cost = $ 50

Q: S country's real GDP rose from 500 to 550, while its nominal GDP increased from 600 to 770. What is…

A: Inflation is the measure of increase in the monetary value of the goods and services.

Q: 10. was formed to ensure that employees have safe and healthy working conditions.

A: At the marketplace, government has established various authorities and administrations to ensure the…

Q: After the Federal Reserve buys bonds, the interest rate changes and aggregate expenditures change,…

A: Answer: If the federal reserve buys bonds then it will pay the price of bonds to the bondholders. It…

Q: In 2021, Australia’s GDP growth rate was 3.4% which is much higher than its 10-year average. In…

A: Exchange Rate refers to the value of a certain currency denoted in terms of another currency. It is…

Q: Let’s assume that in California there is a perfectly competitive industry. If in this perfectly…

A: The characteristics of perfectly competitive industry are: Their are many producers firms. Free…

Q: 6. For classical decomposition, which moving average order produces smoother trend? A. MA 2 B. MA 3…

A: Answer - "Thank you for submitting the questions, But, we are authorized to solve one question…

Q: Analyze and compare fiscal and monetary policy in order the generate macroeconomic stability between…

A: Monetary policies are the measures taken by central banks to maintain the monetary as agreeably as a…

Q: It is often mentioned in the news media that Canada, being a small open economy, can benefit from a…

A: Here, it is given that Canada is a small open economy, but it is able to get benefit from the higher…

Q: In a six-firm market, if all firms charge the monopoly price, the per-period industry profit equals…

A: Given that; There are 6 firms in a market. when all firms charge the monopoly price, the per-period…

Q: Most of the world's population and a majority of countries are OA. there is no majority. The world's…

A: Over the past 50 years, the world population has increased significantly. Most of population is…

Q: Q1/ If you have the following demand function: Px=2 100 = Y, answer the following P=8 1- The value…

A: "Income elasticity of demand show the responsiveness of quantity demanded of a commodity with…

Q: ANSWER 1-5 IF TRUE OR FALSE 1. As an initial attempt, we use multiple line chart to see trend and…

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

Q: In the game shown above, list all of the Nash Equilibrium (please check ALL that apply)

A: The strategic interplay of economic agents is modeled using game theory. One of the most important…

Q: Complete each statement. 9. Before an entrepreneur can open the doors of a business, he or she must…

A: An entrepreneur is the person who enters into the market with something new in terms of product,…

Q: A couple borrowed from a lending company an amount of P 4,000 for 6 years at 12%.  At the end of 6…

A: Given Inital loan amount = P4000 of 6 year at 12% compound interest  After 6 year, they have taken…

Q: 4. Consider the cash flows for the following two projects: n A B 0 -$32,000 -$39,950 1 $6,600 $7,950…

A:

Q: In the most recent FOMC meeting, the Federal Reserve increased the Federal Funds rate. By doing…

A: In the mentioned question we have been asked what will happen if federal fund rate is increased.

Q: Keshia loves hanging out at the mall (payoff of 450) and hates hockey (payoff of-450) Joe loves…

A: The payoff matrix given shows normal form of different strategies available to two players

Q: A production function for a good Q uses inputs of labor (L) and capital (K) and takes the form Q=LK.…

A: Cost  The number of goods and services necessary to produce or manufacture is referred to as the…

Q: A purchase of a new machine is being evaluated. If we assume 12% annual interest, what is the…

A: We have  P=$30,000 Annual Maintenance cost = $1500 Salvage value F=$5000 Life of machine n =6 years…

Q: When price is _______ average cost of production, profits are ______ due to  ________ averate…

A: Introduction this topic is related cost of production

Q: Discuss how MDGs and SDGs are integrated into the economic planning of Bangladesh.

A: Often we come across statements citing MDGs as a synonym for SDGs. But factually both are the…

Q: Using the information on the graph below, choose the answer that best represents what happens to…

A: Weather radio are used to know the information about the weather outside.

Q: Table 19.3 Candles Soap Bryce 150 450 Tina 200 450 Bryce and Tina are artisans who produce homemade…

A: Opportunity cost is cost of choosing one alternative options at the cost of another alternative…

Q: A monopolist operates under two plants, 1 and 2. The marginal costs of the two plants are given by…

A: The marginal costs of the two plants are given by   MC1 = 20 + 2Q1  MC2 = 10 + 5Q2   Since, Q = Q1 +…

Q: Suppose that the production function in the Solow-Swan model is Y = K¹/3 L2/3, where K is capital…

A: The production function shows the relationship between inputs and output. The rise in inputs causes…

Q: Multiple Choice Identify the choice that best completes the statement or answers the question. 1. A…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: The Paunch Burger restaurant chain currently produces 250,000 units of output by using 2,400 units…

A: Answer -    MRTS (Marginal rate of technical substitution) :- The rate by which one factor need  to…

Q: Consider a standard AD-AS model. Suppose that the central bank lost credibility in the sense that…

A: Aggregate supply refers to the cumulative quantity of a firm's production and selling, or the real…

Q: Informed trading...   a. Aims to profit from differences between the market prices and fundamental…

A: Trading is done by the people through stock markets. In stock markets, people buys and sell their…

Q: Consider the preferences represented by the following indifference curves. These preferences are…

A: An indifference curve usually connects points on a graph that represent various amounts of two…

Q: What is the principal-agent conflict in corporate governance? How can it be mitigated? Please also…

A: Agency theory is used to comprehend the interactions of agents and principals. In a specific…

Q: Building a competitive advantage based on superior benefit position is likely to be attractive when…

A: Competitive advantage refers to what makes a company's goods or services more appealing to consumers…

Q: John only values food until he has consumed 10 units of it, and after that, he values only shelter.…

A:

Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.