According to the law of diminishing marginal utility: Omarginal utility falls with the extra consumption of a good. a consumer inevitably reaches a point where he or she decreasingly values additional units of a good. Outility is easily measured by dollar values. O a consumer inevitably reaches a point where the additional satisfaction from consuming each additional unit of a good rises.

Q: G.3. A proposed geothermal energy project has an initial cost of $1,000K. In addition it will re-…

A: One of the approaches for determining the value of a project is to use the yearly worth method.

Q: How is the isomorphic concept applied in determining executive salaries?

A: Isomorphism refers to the likeness of one organization's operations or structure to those of…

Q: Suppose that in the country of Mistania, investment spending increases from $1740 to $1940. There is…

A:

Q: analyses the impact of government legislation on human resource management strategies.

A: government legislation laws influence human resources management on the board on a public level,…

Q: True or False. If true explain your reasoning, if False give a counterexample: A monopolist will…

A: In the monopoly market, a Monopolist has an incentive to charge different prices at different output…

Q: Business owners can have many goals. Give ONE example of each of the following: a financial goal, a…

A: A business is a firm that controls the activity of the firm. It means the business does the…

Q: What amount of money invested today at 15% interest rate compounded quarterly can provide the…

A: For Principal, to calculate compound interest quarterly, the formula used is : P = A(1 + r/n)nt…

Q: "Australia's booming housing demand could be impacted by China's move to restrict steel production,…

A: Market equilibrium is achieved at the price at which quantities demanded and supplied are equal.

Q: eco .

A: Economics : Economics can be defined as the framework of production,  consumption and capital…

Q: Calculating present values Calculate the present value of each of the following cash flow streams.…

A: 1) $300 received at the end of six years:- Present value=300×1(1+r)n…

Q: As the firms operate as a cartel in the same market, they would not be able to work at different…

A: A cartel is a group of businesses that band together to make output and pricing decisions. The…

Q: son If you would like to have $400000 for your retired and you save equal amount monthly in a saving…

A: * SOLUTION :-    Given that ,

Q: How can economic growth be stimulated according to the Neoclassical view? By government intervention…

A: When talking about different views related to economics, neoclassical economics is one of those…

Q: 6. Does government borrowing crowd out private spending? Suppose a hypothetical economy is operating…

A: Full employment is what is going on in which all suitable work assets are being utilized in the most…

Q: Question 29 True/False:  Public goods are goods that are excludable. Group of answer

A: Private goods, an item or administration created by an exclusive business and bought to build the…

Q: 2. Consider the two-period endowment model discussed in the lectures where the economy is populated…

A: A budget constraint means all the mixtures of services and goods that a consumer may buy given…

Q: ______ occur when newly raised hopes for a better life either are not satisfied at all or are not…

A: Happiness   occur when newly raised hopes for a better life either are not satisfied at all or are…

Q: 4. You can spend $5 for a snack and you would like to have two servings of black cherries. When you…

A: Given:  Budget = $5 Increase in the price for black cherries from $2.50 to $2.99 per serving You…

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

A: The branch of economics that deals with the economy as a whole taking into account employment,…

Q: True/False:  A monopolist will always be able to operate at a profit. Group of answer choices True…

A: A monopolist is a single seller, selling a product which does not have substitute in the market.…

Q: The information in the table below shows the demand schedule for water in a certain small town.…

A: Demand schedule is referred to as the table which shows the quantity demanded for the goods and…

Q: 1. The price of milk has increased from $2.00 to $2.20, causes quantity to decrease from 10 gallons…

A: Elasticity of demand states that change in demand due to change in price , and by using percentage…

Q: Question 13 Given your answers above for Questions 10-12 (especially Q12), should the shop hire that…

A: Profit maximizing quantity of labor hired is when marginal revenue product is equal to the wage…

Q: Suppose that there are only 2 goods in the economy, A and B. We have yearly data on prices (p) and…

A: Nominal GDP estimates a nation's GDP utilizing current costs, without adapting to expansion. Balance…

Q: Question 14 To determine the profit maximizing amount of labor for a firm to hire, the firm should…

A: Marginal product refers to change in total product by hiring one more unit of input in production.

Q: If you would like to have $400000 for your retired and you save equal amount monthly in a saving…

A: FV = 400000 n = 30 Years or 30*12 = 360 months r = 3.5% I.e. 30.035/12 = 0.0029167

Q: Assume a monopolist’s only cost is constant marginal cost of $2. Further assume there are 10…

A: Given  Marginal cost MC=$2 Inidivial demand function: p=10-2q               .... (1) Total consumer…

Q: Firms that issue callable bonds have the option of repaying the principal to the bond buyers before…

A: A non callable bond will sell at face value whose price will not change if coupon rate remains same…

Q: Looking at the output market, a decrease in the price of a factor of production will cause  Group of…

A: Labor, capital and Land are examples of factors of production.

Q: Question 17 True/Fals:  In the short run, if a firm is making losses, it can exit the market. Group…

A: The break even point is defined as the point at which the company is profitable but not losing…

Q: According to the In the News article titled Starbucks Ups the Price of Iced Drinks, Starbucks raised…

A: Caffeine may provide the kickstart your system requires, but it also drains your wallet every time…

Q: How is Schumpeter Theory of Economic Development promote businesses to perform better? discuss

A: Schumpeter’s theory of development assigns huge role to the business and innovations introduced by…

Q: 1) Calculate GDP MP and NNP FC from the following Net domestic product at market price Net indirect…

A: Gross domestic product at the market price is known to be as the main aim for measuring the wealth…

Q: Singapore's demand for China's imports will shift up by 10%, leading to a new equilibrium at point B…

A: The figure above shows Singapore's demand and supply curve for China's imports. We suppose at the…

Q: Q18. Consider the following data for Tyrovia, a country that produces only two products: guns and…

A: "GDP represents the market value of all the final commodities and services produced in a nation at a…

Q: Wages, Rent, Interest and Profit Goods and Services Sold Goods and Services Purchased Consumption…

A: *Answer:

Q: D3) What is the misconception of the risk-reward relationship? What is the role and the ultimate…

A: Introduction According to the risk-reward connection/relationship, the risk of losing capital and…

Q: Discuss varieties of price discrimination

A: Price discrimination is a marketing approach in which a vendor charges varying prices for the…

Q: oday, you have $30,000 to invest Two investment atematives are available to you. One would require…

A: Alternatives can measure up based on their future worths by utilizing similar suppositions and…

Q: widgets drives price up 10%.  Quantity of  widgets demanded drops 20%.  The demand for widgets is…

A: Price elasticity of demand measures the degree of responsiveness of demand with respect to change in…

Q: The following graph shows the supply curve for a group of sellers in the U.S. market for laptops…

A: producer surplus is characterized as the distinction between the amount the producer will supply…

Q: 6. Producer surplus and price changes The following graph shows the supply curve for a group of…

A: Here, the given graph shows the minimum willingness to accept by different producers.

Q: LAS LASO SASI # SASO Real GDP SAS1 Real GDP Real GDP Figure C Figure D In the above figure, which…

A: The aggregate supply is the total amount of services and commodities that firms in an economic plan…

Q: Which of these actions shows an expansionary monetary policy? d Decrease of the minimum required…

A: Monetary policy refers to change in supply of money in the economy.

Q: 1) Calculate GDP MP and NNPFC from the following Net domestic product at market price Net indirect…

A: Here, information about different economic activities are given using which one can compute national…

Q: Explain the conditions that create a relationship between research and innovation as the most…

A: Emergencies are adrenaline for advancement. You should go with choices rapidly under very unsure…

Q: Assuming that your firms total cost function is, TC (Q) = $21,128+4Q profits when the prices are $7,…

A: Profits are maximum when marginal revenue equals marginal cost. Total revenue is maximum when…

Q: fer to Figure 1 in Question 11. The car-repair shop charges $150 per repair.  What is the value of…

A: Number of Machines (A) Number of Cars Repaired (B) 0 0 1 8 2 12 3 15 4 17 5 18

Q: 1. Draw a graph representing a perfectly competitive firm earning an economic profit. (Make sure to…

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

Q: The Federal Reserve sells $26.00 million in Treasury securities. If the required reserve ratio is…

A: Required reserves ratio is the percentage of deposits banks must hold as reserves. Excess reserves…