Q: ie Construction made an investment in a machine that is used for road construction two years ag to…
A: Economic service life alludes to the length of usable life that limits an asset's identical yearly…
Q: For an interest rate of 1% per 2 months, determine the number of times interest would be compounded…
A: Total frequency of compounding of all the years depends on the interest rate compounding per year.
Q: (a)lf we allow for the possibility of satiation, the consumer's budget constraint takes the form pxs…
A: Walras' law is a statement in general equilibrium theory that states that, regardless of whether the…
Q: keep a Renewable Term policy active, the insured must do which of the following? A. Submit a renewal…
A: Renewalable term insurance can offer monetary insurances long before a significant individual…
Q: b)There are three people and two goods in an economy. The utility functions and the initial bundles…
A: Given, Utility functions and the initial bundles are :U1=x11x12…
Q: Consider two economies (indexed by i = 1, 2) described by Yi(t ) = Ki(t )θ and Ki(t ) = siYi(t ),…
A: (Q) Consider two economies (indexed by i = 1, 2) described by Yi(t ) = Ki(t )θ and Ki(t ) = siYi(t…
Q: How can the variables in the local environment help improve the lives of the poor?
A: When talking about enviornmental variables in economics, it includes consumption behavior,…
Q: The following information regarding a dependent variable y and an independent variable x is…
A: The numerical articulation of the connection between a reliant (result or reaction) variable and at…
Q: Briefly define the current account, capital/financial account and official settlements account of a…
A: Balance of payment is the accounting records of all monetary transaction occured between nations .…
Q: A fam han the production function F(L, K)- 2 min(L, 10K). The curent input level in (L. K)- (12, 1).…
A: The marginal product of capital (MPK) measures the change in output produced due to the change in…
Q: QUESTION 2 Which of the following is NOT a potential explanation for involuntary unemployment?…
A: In an economy, involuntary unemployment refers to the situation when an individual actually wants to…
Q: Refugees seeks temporary protection to a foreign land because of certain internal conflicts in their…
A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…
Q: Explain why demand policies can only reduce unemployment below the natural rate in the short-run.
A: In simple words we can say that the demand policies are generally known to be as that policies which…
Q: Why is a monopolist's marginal revenue less than the price of its good? Can marginal revenue ever be…
A: "A monopolist is a single firm which is price maker."
Q: Requlred Information Ederly Quarry sells a wide variety of cut limestone for residential and…
A: One of the accounting systems that is used for allocating the costs of extracting natural resources…
Q: Your enterprising uncle opens a sandwich shop that employs 7 people. The employees are paid $6 per…
A: In economics and in particular neoclassical economics, the marginal product or marginal physical…
Q: QI Table Q1 shows the engineering project with minimum attractive rate of return (MARR) at 15% per…
A: Rate of return for a project or the internal rate of return for a project, denoted as IRR, is…
Q: a) The following information pertains to a consumption bundles (x₁, x₂) and prices (P₁, P2) faced by…
A: Paasche Price Index is defined as - Pp = p1x1 (t)+ p2x2 (t)p1(b)x1(t)+ p2(b)x2(t) Lasperyres Price…
Q: Assume that the unemployment rate decreases substantially and that there is very high inflation.…
A: The policies that are implemented by the government are called fiscal policies and the policies that…
Q: Bank X has a required reserve ratio of 0.2, total reserves are $70 million, and deposits are $200…
A: The actual reserves which are generally kept in excess in a bank for the given amount of the…
Q: Maroons Medical Supplies, Inc. must order masks from its supplier in lots of 1 dozen boxes. Given…
A: Annual demand (D) = 26,000 dozen The cost per order placed (O) = P30 Carrying costs (H) = 20% OF…
Q: Use the IS-LM model to illustrate graphically the final impact of the reduction in government…
A: Goods market equilibrium is shown by IS curve where LM curve shows money market equilibrium . When…
Q: 5 (True / False / Uncertain) The Comprehensive Care Physician Model aims to improve care by reducing…
A: In the United States, patients who require frequent hospitalization contribute for a…
Q: B. Consider a firm who sells output at p=10 and has a short run production function Q(L)=20L-L². Its…
A:
Q: A country's economy is close to full employment. The government then decides to launch a tax cut…
A: The economy is at full employment when it uses all its resources efficiently.
Q: The USDJPY spot price is 115.018 and the one month forward is 115.046. A one month expiration…
A: Following are the given values: Spot, USD/JPY = 115.018 Forward, USD/JPY = 115.046 Options, Call…
Q: If the oligopoly members agree on a total quantity to produce, what quantity would they choose? Why?
A: Oligopoly is the market shared by a small number of producers and sellers.
Q: Explain how search frictions arise in the labour market.
A: The market where demand and supply of jobs tend to meet with workers that provide services that tend…
Q: SHOW SOLUTION AND COMPUTATION An equipment cost P67,000 and has a life of 10 years and salvage…
A: Declining balance method is the method of depreciation in which depreciation is charged on the…
Q: For each of the following monetary policy tools: A. The BSP buys securities in the open market. B.…
A: Dear student, you have asked multiple sub-part questions in a single post.In such a case, I will be…
Q: What condition is NOT required in the definition of a competitive market? Question 1 options:…
A: Answer: Perfectly competitive market: in a perfectly competitive market there are a large number of…
Q: 2.4 Water is produced and sold by the government. Demand for water is represented by the…
A: Profit maximization occurs at such a quantity where marginal revenue is equal to marginal cost.…
Q: At high levels, inflation, whether expected or unexpected, occasions considerable costs on society.…
A: Inflation is defined as the rate at which prices rise over time. Inflation is usually defined as a…
Q: could you type ur answer i can't read ur handwr
A: The break even point is where the annual savings from the Solar Panel affect the initial investment.…
Q: Question 5 Cost data of a machine is shown in the following table with an annual rate of 12%.…
A: Expected Service Life is a producer defined term for how long the item will keep on being…
Q: New firms likely to enter an industry when O a. the profit earned by the firm is likely to be high.…
A: Whereas in monopolistically competitive market, the sellers sell differentiated produces which are…
Q: 2. A bridge connecting two towns costs $15,000,000, has an average annual operating cost of $450,000…
A: Answer is given below
Q: Hypotheses Which of the following statement(s) is/are true if all of Stahl et al’s hypotheses are…
A: When compared to a generic alternative, brand equity refers to the value a firm obtains through its…
Q: There are three people and two goods in an economy. The utility functions and the initial bundles…
A:
Q: (a) The YTM on a three year bond is 5%. What is the average expected short rate over the life of the…
A: Since you have posted 2 parts that are not related to each other so we consider it 2 questions, and…
Q: O different than the price charged by competing firms. O the same as the market price. O lower the…
A: A perfectly competitive firm has just a single significant choice to make — in particular, what…
Q: The cost of making transactions using decentralized cryptocurrencies is currently much higher than…
A: When talking about decentralized cryptocurrencies, it can be said that these are the digital…
Q: Suppose that the demand for DVD players is given by QP=400-4P, where Q is the quantity demanded per…
A: Given demand function Q(P)=400-4P And P=50
Q: . Derive and plot Olivia's demand curve for pie if she eats pie only with a scoop of ice cream (i.e.…
A: Demand curve is a representation of the relationship between the quantity demanded and the price of…
Q: Complete the following table with the quantity of labor supplied and demanded if the wage is set at…
A: Equilibrium in the labor market occurs at the intersection of demand and supply curves.
Q: NeoclassicalEconomics 3.1 Explain the features of Neoclassical approach. 3.2 Make a comparison of…
A:
Q: Suppose that every driver faces a 3% probability of an automobile accident every year. An accident…
A: Individuals can browse an assortment of insurance plans presented by protection firms. These charges…
Q: Craig Nuts Inc. will need to invest in a new nut cracking machine. The plant engineer has gathered…
A: Given, First Cost : $250,000Annual Benefits : $73,000 in the first year and decreases by $1,200…
Q: (a) If we allow for the possibility of satiation, consumer's budget constraint takes the form px pw.…
A: Walras Law is defined as a general equilibrium theory which states that despite the prices are…
Q: What is the quantity supplied and demanded at P = 220? Excess supply or excess demand, which one…
A: Excess supply refers to a situation where the quantity supplied of a particular commodity is greater…
C
Step by step
Solved in 2 steps
- 45) The General Agreement on Trade in Services (GATS) defines trade in service s the supply of a service through which of the following? a) Consumption abroad b) Cross-border supply c) Both A and B d) Neither A nor BHow much the cost of a tariff pass through the prices paid in the United States depends on a. supply elasticities, number of complementary goods, and response of domestic producers b. demand elasticities, number of complementary goods, and response of domestic producers c. supply elasticities, number of complementary goods, and weather the goods are used as parts in integrated supply chains d. demand elasticities, number of substitute goods, and whether the goods are used as as parts in integrated supply chainsBriefly introduce introduce technology advancements in the production of broiler in Africa
- DHAKA/MUMBAI (Reuters) - Onion prices in Bangladesh have doubled over the past two weeks after floods ravaged the crop and as imports from top supplier India became expensive after New Delhi withdrew incentives for overseas sales, industry officials told Reuters. A man works at an onion wholesale market in the Kawran Bazar in Dhakaa, Bangladesh, July 24, 2019. REUTERS/Mohammad Ponir Hossain Onions are used as the base for traditional dishes across Asia such as biryani in Pakistan and India, belacan in Malaysia and fish curry in Bangladesh. Prices in Bangladesh doubled to 50 taka ($0.59) per kg because of floods and traders say they could rise further ahead of the Eid-ul-Adha festival in August, when demand usually goes up for the vegetable. “The upward trend due to supply shortage could continue over the next few months,” said Dhaka-based trader Hazi Shahid, adding the country has to raise imports from India to calm prices. Severe flooding has killed at least 61 people,…A semiconductor is a key component in your laptop, cell phone, and iPod. The table provides information about the market for semiconductors in the United States. Producers of semiconductors can get $18 a unit on the world market. PRICE ( DOLLAR PER UNIT) QUANTITY DEMANDED (billions of units per year) QUANTITY SUPPLIED (billions of unit per year) 10 25 0 12 20 20 14 15 40 16 10 60 18 5 80 20 0 100 Due to the loss of competitiveness brought on by appreciation of the exchange rate and the high production costs, U.S.government reduce the export(or limit the supply of domestic producers) by imposing an export quota of 20 billion units per year. What happens to U.S. price of semiconductors, the quantity of semiconductors bought by U.S. people, and the quantity of semiconductors exported? use the equation to calculate the equilibriumSuppose that technological innovation allows for the development of more toaster ovens. Bread, which is a complement to toaster ovens, has increased in price, due to a nationwide shortage of wheat grain. You MUST determine what happens to market (equilibrium) price and quantity in the toaster oven market. Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. Market (equilibrium) price increases; a market (equilibrium) price increases Market (equilibrium) price increases; b market (equilibrium) price decreases Market (equilibrium) price decreases; market (equilibrium) price decreases Market (equilibrium) price decreases; d market (equilibrium) price increases Market (equilibrium) price unknown; e market (equilibrium) price decreases Market (equilibrium) price decreases; f market (equilibrium) price unknown
- 1. Pricing of foreign goods3. A fruit is traded in a competitive world market, and the world price is $10 per pound. The consumer quantity in this price is 100 million tonnes. One year later, overall fruit prices increase to $15 and total consumer level fall to 90 million tonnes. Under this circumstance, what is the price elasticity of demand fruit?5. In the following diagram D€ is the US demand curve for Euro and S€ is the US supply curve for Euro. If the exchange rate of Euro is US$1.5/€ then which of the following is true. $/€ 1.5 D€ LO 5 10 14 Se A) B) US has a balance of trade deficit of 4 billion Euro US has a balance of trade surplus of 5 billion Euro US has a balance of trade deficit of 2 billion Euro C) D) US has a balance of trade surplus of 9 billion Euro Answer: Q€ (billions)
- 00 7 F. PRICE (Dollars per ton) 4. Effects of a tariff on international trade The following graph shows the domestic supply of and demand for soybeans in Honduras. The world price (Pw) of soybeans is $530 per ton and is represented by the horizontal black line. Throughout the question, assume that the amount demanded by any one country does not affect the world price of soybeans and that there are no transportation or transaction costs associated with international trade in soybeans. Also, assume that domestic suppliers will satisfy domestic demand as much as possible before any exporting or importing takes place. 2. Domestic Demand Domestic Supply 770 740 710 680 650 620 06 P, 530 MacBook Pro Search or type URL 4. 51 9.0₁ 1 tern allia (6) Consider two countries: Fineland and Sineland, producing two goods: mobiles and iPods, under perfectly competitive market conditions. Fineland exports mobiles and imports iPods. Sineland exports iPods and import mobiles. Assuming well-behaved offer curves for both the countries, illustrate with help of a neatly labeled diagram, as to what would happen if there is sudden fall in the supply of iPods by Sineland? (6 g pang(ii) Discuss the effect on the markets for sugarcane, rum and whiskey, if the government implements a price restriction in the sugar cane market with the aim of protecting the farmers. How will this impact the revenues for sugar growers, rum producers and whiskey producers?