How can an absence of employing opportunities contribute to high unemployment rates?

Q: Fill in the missing values for total fixed cost, total variable cost, and total cost in the table…

A: Here, the given table provides information about total fixed cost, total variable cost and total…

Q: 4. Millie manufactures potteries which requires renting a workshop at AED 30,000 per month and…

A: Fixed Cost refer to those costs which are independent of the level of output whereas variable costs…

Q: Suppose there are a positive demand shock and a negative supply shock in a perfectly competitive…

A: Equilibrium is where demand equals supply.  Positive demand shock will lead to rightward shift in…

Q: Mr. Jack is in the process of expanding his manufacturing business. He decided to open a plant in…

A: Location Fixed Cost Variable Cost A 60000 30 B 80000 20 C 100000 15 D 130000 10

Q: c) Suppose that, in addition to the marginal cost increase from $5 to $8 from sub question b), firm…

A: ko

Q: 8. Figure below shows the Percentage of Total National Income Spent on Health Care in the United…

A: A value of a variable as a percentage of the value of the other variable is given as:     = (value…

Q: In 3-5 sentences, evaluate if the United States has been a leader in the global economy in recent…

A: United States is a highly developed market economy which has the largest level of nominal GDP in the…

Q: One of the disadvantages of ________ is that benefits tend to disappear after a while. Learning…

A: When the business grows and keeps growing some of the advantages turn out in disadvantages.  The…

Q: A firm has an inverse demand curve of P = 30 - 3Q and a marginal cost curve MC= 6Q. Calculate the…

A: producer equilibrium is the situation where firm makes maximum profit. At maximum profit point or…

Q: Why does inflation occur

A: inflation is the pace of inflation in costs over a given timeframe. inflation is regularly a wide…

Q: Wage (11000) # n (4) Refer to Exhibit 5-3 which shows the demand and supply of a c this student…

A: Consumer Surplus is the difference between the consumer's willingness to pay for a product and the…

Q: When the interest rate falls , other things remaining the same, what change occurs in the market for…

A: Money demand shows the various quantity of money demanded at various interest rate.  When interest…

Q: Assume the following: • market quantity < socially desirable The inequality above describes which of…

A: Externalities are side effects of economic activities which are faced by the third parties. The…

Q: Integrate recent economic developments in regional trade arrangements

A: The modern picture of global trade is characterized by increasing bilateral and multilateral trade…

Q: Two of the key global economic trends shaping the world are the Chinese Infrastructural Expansion…

A: Yes it is true China has emerged as a global powerhouse in terms of production and the reason why it…

Q: What cause inflation in economic?

A: Inflation is known as a persistent increase in the price of all the final goods and services over a…

Q: Use the table below to answer the following questions: Quantity Demand (Price) Marginal Revenue…

A: In perfect price discrimination,  Firm will charge the price equal to consumer's willingness to pay.…

Q: 4. Complete the missing entries in the following table. Labor 1 2 3 4 5 Total Product 15 40 55 70…

A: Here, ATC = average total cost  AFC = average fixed cost AVC = average variable cost  TC = total…

Q: The supply equation for a given product is y = 10x + 50, while the demand equation for the same…

A:

Q: 11- Global Fitters, an international clothing company, has purchased material handling equipment…

A: Disclaimer- “Since you have asked multiple questions, we will solve the first three questions for…

Q: If you choose two people at random, what is the probability that both have the same blood type?

A: Probability of an event E is given as :  P(E) = (number of elements in the event set / number of…

Q: Consider a standard Solow-Swan model. A permanent increase in the level of total factor productivity…

A: Solow-Swan Model is defined as an exogenous model of economic growth in the long run. It states that…

Q: Suppose the Fed is holding $35 billion in mortgage-backed and other securities and $65 billion in…

A: The monetary base is known as the high powered money. the monetary base is responsible for the money…

Q: why are International comparisons of GDP misleading

A: GDP Gross domestic product (GDP) is indeed the conventional measurement of the value added created…

Q: If the marginal propensity to save is 0.15 in an economy, a $15 billion rise in consumption spending…

A: Multiplier = 1/MPS  MPS is the marginal propensity to save.  Change in GDP = Multiplier × change in…

Q: Suppose the cross-price elasticity of demand between goods X and Y is −3. How much would the price…

A: Elasticity of Demand: The idea of elasticity of demand for a provided product shows the % change in…

Q: Uncle Tyler's farm has costs and revenue as seen in the graph. What is Uncle Tyler's…

A: Profit maximizing Level: A firm's profit-maximizing level is at the point where the MC equals the…

Q: Consider an economy than only produces two goods - Blueberries and Batteries. Step 1: Draw a…

A: The production possibility frontier represents the total production of the goods and services in an…

Q: Q2. Consider the simple Keynesian model of income Determination Ct = Bo + B₁Yt + Mt 0<B₁< 1 Y₁ = Ct…

A: Simultaneous equations are equations that show exogenous variables are variables that appear only on…

Q: 6.27 For each of the following scenarios, state whether an incremental investment analysis is…

A: The benchmark used to assess projects is the minimum acceptable rate of return (MARR), commonly…

Q: Lentz's Incorporated sells paper in a perfectly competitive market at a price of $2 per ream. At the…

A: There are large number of buyers and sellers in the perfectly competitive market. Single firm can…

Q: How would such a tax affect the market for gasoline i.e. what is the new equilibrium?

A: A tax on buyers will impact the demand curve whereas a tax on sellers will impact the supply curve.

Q: What policies can government put in place in ensure a balance between unemployment and inflations…

A: In the short run, the cause of inflation is the fall in the value of the US dollar. The effects of…

Q: Write an equation to represent the total costs for each location.

A: Fixed costs: These are the costs which remains fixed irrespective of changes in the production…

Q: Currently what is used as the "base year" in the NIPA accounting system. A) 2010 B) 2012 C) 2008…

A: NIPA stands for National income and Product accounts. It measures the output and income in the…

Q: Calculate the Break-Even Point and Return of investment using following information. Total benefits…

A: Given cash flows Year Cash inflow Cash outflow 0 9000 75000 1 35000 9000 2 45000 9000 3…

Q: Suppose that the reserve requirement for checking deposits is 16 percent and that banks do not hold…

A: Introduction  The Federal Reserve promotes the safety and soundness of individual financial…

Q: Calculate the following, assuming that ta rate = 30%, nominal interest rate = 10%, expected…

A: In economics, the nominal interest rate or nominal rate of interest is either of two distinct…

Q: Mr. Jack is in the process of expanding his manufacturing business. He decided to open a plant in…

A: Location Fixed Cost Variable Cost A 60000 30 B 80000 20 C 130000 10

Q: The Pyro Corporation has outstanding twenty thousand shares of common stock, of which nineteen…

A: Introduction  A corporation is a legal entity that is separate and distinct from its owners.A…

Q: A manufacturer has been selling 1050 television sets a week at $540 each. A market survey indicates…

A:

Q: In an economy, savings deposits are $10,000 billion, currency is $1,500 billion, checkable deposits…

A: M1 includes Currency and checkable deposit.    M2 includes M1 , saving deposits, other deposits and…

Q: Question 2   Suppose that the demand curve for vegetable fibre in Euroland is given by QD = 40 −…

A: Tariff on import increases the price of imported goods by the tariff amount.  So, New price = World…

Q: Suppose there are two firms in a Cournot type setting (choosing quantity simultaneously). How would…

A: According to the oligopoly Cournot model, firms in an industry all produce a same good and aim to…

Q: Given the demand function D(p) = 200 – 3p², Find the Elasticity of Demand at a price of $5 At this…

A: An elasticity of demand determines how sensitive the quantity demanded will be to the price. It will…

Q: Enables us to compare GDP in countries wit different sized populations A. Nominal GDP B. Real GDP C.…

A: GDP is the gross domestic product.  This is defined as the value of all goods and services produced…

Q: Consider the labour market model studied in class. A(n) equilibrium labour market tightness,…

A: The labor force refers to the sum of employed and unemployed. The labor market is calculated by the…

Q: Suppose two bars, “the Last Jar” and “Prince Alfred”, can choose to sell a pint of beer for either…

A: Nash equilibrium is achieved when the players choose one outcome the maximum number of times. Here,…

Q: One example of a specific environmental indicator which can be used to measure the level of…

A: Answer to the question is as follows:

Q: Suppose a domestic market in a country is perfectly competitive. The domestic market is small and…

A: Here, it is given that the domestic market is perfectly competitive and the economy is importing…