measuring total benefit   measuring total costs   measuring companies that are weak or marginal   measuring the value of each additional unit

Q: What is the growth rate in Country A in 2020? Select one: a. % 10 b. % 5 C. % 25

A: Growth rates refer to the percentage change of a specific variable within a specific time period. Fo...

Q: d. The government grants new leases to ranchers, giving them 10,000 new acres of grassland each for ...

A:

Q: Consider the O-Ring model with LaTeX: N=2 tasks. Workers in-country LaTeX: R each have a skill, LaTe...

A: According to O - Ring model : So worker's skill in Latex R = q_R which is 3 times of P Workers's ski...

Q: hich 2 of the following statements are correct? elect one or more: O a. The higher capital per worke...

A: Production function shows how with increases in the input the output increases. It gives the relatio...

Q: Part A: Return on Investment You are an HR manager responsible for organizing the company's new sale...

A: ●Donald Kirkpatrick, former Professor Emeritus at the University of Wisconsin, first published his m...

Q: John constructed a commercial building amounting to $1.59 Million. Permits and taxes charges amounte...

A: Given First cost FC= $1590000 Life of the equipment = 50 years  Salvage value of equipment after 50 ...

Q: Q2. Use a figure as discussed in class to illustrate why the U.S. is exporting inflation to China th...

A: Answer -

Q: When a firm experiences increasing returns to scale a. its AFC will decrease. b. its AFC will incre...

A: Total cost (TC): - it is the sum of fixed and variable costs incurred in the production process. Ave...

Q: True or false: keeping his maximum willingness to pay for a yacht in mind, Tim will buy the yacht be...

A: Given:Market price=$350,000Willingness to pay=$560,000Quantity=1Now,Consumer surplus=12(Willingness ...

Q: A moving company requires one van and two workers in one hour to do one task. If labour cost is $20/...

A: Labor Cost = 20 / hour  Van Cost = 40 / hour  Number of tasks to be completed = 20  Labor required f...

Q: A company sets aside P200,000 at the end of each year for plant expansion. If the fund draws 8% comp...

A:

Q: uestion 11 If i 2%, the value of X in the following balanced CFD is nearest to: 600 500 300 200 100 ...

A: Cash flow means company cash comes out or comes in the company. It means as cash flow into the busin...

Q: 17) For a country with unequal income distribution the Gini coefficient is: a. greater than 0 b. gra...

A: Gini coefficient is an economic measure of inequality in income distribution. The range of the Gini ...

Q: What supervisory and regulatory authority does the BSP NOT have under current law? *       the autho...

A: B the authority to fix the exchange rates at a given level to maintain order and stability in the fo...

Q: Evaluate the view that increased investment is the most important factor in achieving a faster rate ...

A: Economic growth: - economic growth is the increase in the quantity of goods and services in an econo...

Q: Refer to the information provided in Table 9.4 below to answer the questions that follow. Table 9.4 ...

A: We have given consumption function: C = 100 + 0.9Yd Differentiate C w.r.t Yd to get MPC MPC = dC / d...

Q: Consider the market for cars, using the following assumptions: (i) The market is perfectly competiti...

A: Introduction Given market is perfectly competitive. demand function has given as Q = 13 - P/18 P = -...

Q: When an excise tax is imposed on sellers, the of the tax. curve shifts by the amount supply; downwar...

A: Correct answer "supply; upward".

Q: Nuoya has $256 to spend on cherry and/or coconuts. The price of cherry is $12/kg and the price of co...

A: The economics as a study is based upon the basic idea of scarcity, where the resources which are pre...

Q: 12. Excise tax is a part of A. O Fixed cost В. Variable cost C. O Implicit cost D. O Is not a part o...

A: Variable cost (VC): - it is the total value of the cost incurred in the employment of variable resou...

Q: How does a business contributes to social responsibility and economic development of a nation?

A: Answer   

Q: Heterogeneity and the dynamic nature of labor markets are the principal causes of frictional unemplo...

A: The labour market, often known as the job market, is concerned with the supply and demand for labour...

Q: expenditures G=100. What can be said about the budget about this countr The balanced budget multipli...

A: A budget is an estimation of revenue and expenses over a specified future period of time and is usua...

Q: Regulating Monopoly Suppose you are an analyst for a board that regulates local monopolies. Your sup...

A: We will answer the first question since the exact one was not specified. Please submit a new questio...

Q: Suppose a firm faces the following average and marginal products of labor: APL = 200 + 5L - 0.08L2 M...

A: Stage II of production begins at the point where the marginal product of labor (MPL) and average pro...

Q: What are the benefits of government setting and managing bank fees and rates?

A: Answer -

Q: iii. If electric vehicles are considered as close substitutes of fuel cell vehicles (fuel cars) then

A: (iii) The elasticity of demand measures the responsiveness of change in quantity demand to change in...

Q: The economy of a country is characterized by the following equations: Aggregate consumption function...

A: aggregate consumption determines aggregate saving, because saving is defined as the portion of incom...

Q: ii. What type of goods are petrol and gas if XED = 0.5? O Complementary and High responsiveness Comp...

A: The cross price elasticity of demand refers to how responsive demand for one good or service is to a...

Q: Most countries today have subsidised the provision of education. Consider an imaginary country, Gond...

A: The forces of demand and supply determine the equilibrium price and quantity of an item sold in a co...

Q: Consider two bidders who are competing for an item in an 'all-pay auction.' Bidder 1 values the item...

A: There are two players in the game : Bidder 1 & Bidder 2  As per the question , If the bids are e...

Q: What do you think is the role of the government in qualifying the effects of disaster?

A: Governments have an inherent responsibility to provide for the well-being of those they govern. The ...

Q: Quotas offer greater scope for corruption than tariffs. B. Quotas may not support inflationary pres...

A: To find : Whether the statement is true or false. 

Q: The labour force participation rate is the Proportion of population that is working

A: To find : What is labor force participation 

Q: LEIS company is planning to borrow P10.5M for a company expansion and is not sure what the interest ...

A: * SOLUTION :-   

Q: Why does protectionism cost jobs in other unprotected industries? Select the two correct answers bel...

A: Answer: Protectionism provides support and creates jobs in a specific industry but it causes loss of...

Q: Mariel owes P30,000 in 5 months with interest at 7% and another P14000 is due in 11 months with inte...

A: *Answer:   

Q: Define natural monopoly. Describe the two problems that arise when regulators tell a natural monopol...

A: Answer - "Thank you for submitting the questions.But, we are authorized to solve one questio  at a t...

Q: Identify the term being referred to: A long term loan obtained from a bank and is secured by fixed ...

A: Bank offers various kind of loan . In terms of time span there are two Loan short run and long run .

Q: a.) How long will it take any sum to double itself with an 11% interest rate compounded continuously...

A: Answer (a) For compounded continuously   A = P×er t Here, A = 2P So, 2P = P×er t2 = er t 2 = (2.7182...

Q: a. Policy uncertainty after a political scandal in the White House leads to a fall in consumer confi...

A: IS curve: - IS curve shows different combinations of interest rate and the level of GDP where invest...

Q: Identify which market structure the following products are likely to fall under based on the charact...

A: Market structure, basically refers to the structure that classify different industries according to ...

Q: Is there a trade-off between keeping things at numerous places across various areas and sending prod...

A: Trade-offs when there are the goods and services, that are not available at a distant place and ther...

Q: Identify the term being referred to: A type of shares that have priority over ordinary shares

A: The term which depicts a collection of investments being made by the individuals in the financial ma...

Q: Consider a product market with three consumers X, Y and Z with demand function QX = 6 – PX, QY = 3 –...

A: Given the demand curves for X, Y, Z QX = 6 – PX, QY = 3 – ½PY and QZ = 12 – PZ 

Q: Refer to the table below. (2) Minimum Acceptable (3) Actual Price (Equilibrium Price) $ 8 (1) Person...

A: Producer surplus is the distinction between how much an individual might want to acknowledge forgive...

Q: A company in the United Kingdom earns $100 million by producing and selling advertising chances to d...

A: Intermediate goods, producer goods or semi-finished products are goods, such as partly finished good...

Q: How it will affect to us the issue of russia and ukraine

A: Russia's invasion of Ukraine could have global and domestic economic consequences, heightening uncer...

Q: Evaluate the effectiveness of fiscal policy as a tool to reduce unemployment.

A: Fiscal policy is a policy used by the government in which it influences the level of government spen...

Q: 9. You want to estimate the effect of a city's having high-speed rail on their GDP per capita, and y...

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

Cost of Production

In economic theory, production costs are the costs incurred by an industrial organization when it engineers a project or provides a service that generates revenue and benefits. Labor costs, raw materials, consumable manufacturing costs, and general overhead sum up, accounting for production costs. Total cost data is calculated by combining total direct costs of materials, labor costs, and total production costs.