One of these four answers represents the result of a rise in tariff on imported cars from a foreign country. Which one? Group of answer choices The supply of foreign cars to the domestic market would be reduced, causing car prices to rise. The domestic price of cars would fall. The number of unemployed workers in the domestic car industry would rise. The demand for imported cars would increase, causing the price of cars to increase in other nations.

Q: Which of the following is most likely a monopolistically competitive market?   Question 15 options:…

A: Following are four types of market structures. In case of Monopolistic Competition, there are large…

Q: Explain why the Cedi continues to depreciate against most major international currencies.

A: Currency depreciation is the decrease in the value of a country's currency in relation to one or…

Q: Define Inflation?

A: When prices increase throughout the economy, your money has less buying power and inflation results.

Q: The canola farming industry is perfectly competitive. Assume that it is in long-run equilibrium at…

A: Under a perfectly competitive market, there are a large number of buyers and sellers. The goods sold…

Q: Nominal wage confusion leads to a short-run equilibrium_ the Solow growth rate as at; workers; real…

A: Nominal wages: It is the actual amount of money received by the workers. If an employee pays $15 for…

Q: Explain what the World Trade Organization is and how it is working to reduce trade barriers on a…

A: The World Trade Organization or WTO is a global organization which overlooks and deals with the…

Q: Suppose the central bank has a dual mandate. This implies the following IS-MP-AS model: IS: Y_t = a…

A: a) The model denotes a dual mandate because the monetary policy rule includes not only inflation but…

Q: Graph 6 Price Graph 5 Price 's Si S₂ 'di'd 'a D D₁ 'a. Q₁ Quantity Quantity Graph 8 Price Q,?Q₂…

A: Tax revenue is defined as revenue collected from taxes on income, profits, and other sources. As a…

Q: The social marginal benefits and social marginal costs of using grazing and are shown to the right…

A: Answer to the question is as follows:1

Q: Which monetary policy tool can the Federal Reserve use to conduct an expansionary monetary policy…

A: Monetary Policy Governing the quantity of money in an economy and the channels through which it is…

Q: increase, b. Did the worker's productivity decrease, or remain the same? (Round your intermediate…

A: Productivity is measured through weighing inputs, which includes labor, capital resources, and…

Q: A manager checked production records and found that a worker produced 225 units while working 50…

A: Given information: A worker produced 225 units while working 50 hours The same worker produced 160…

Q: What is neoclassical growth model of economic growth?

A: Economic Growth  When economic growth is defined as a rise in people's real income it indicates that…

Q: Assume that money demand takes the following form. M = y [ 1 = (x + m ² ) ] where y = 1,000 and…

A: Demand is the quantity of consumers who are willing and ready to purchase products at different…

Q: QUESTION 27 A factor is classified as a policy factor if it is decided upon by politicians. that…

A: A policy factor refers to factors that have been enforced by any government authority and they…

Q: The decision by the Bank of Canada and many other central banke to target the rate of inflation…

A: A central banking strategy known as inflation targeting involves modifying monetary policy to attain…

Q: 5. Costs in the short run versus in the long run Ike's Bikes is a major manufacturer of bicycles.…

A: ATC estimates how much the total cost of the firms is in each production unit. In the LR(long…

Q: where

A: Resource implies to all the materials accessible in our environment which are technologically…

Q: Let’s assume that the nominal Gross Domestic Product, GDP, of a hypothetical country is $45,000 and…

A: FORMULA: Velocity of money =Gross domestic productCountry's money supply

Q: General Instructions Redstone Clayworks, Inc. is located in Sedona, Arizona and manufactures clay…

A: General Instructions Redstone Clayworks, Inc is in a perfect competition. There is virtually no…

Q: Jenkins Ltd manufactures remote control cars which sells for $500 each. The fixed cost is $70000 and…

A: Fixed costs are the costs which can't be altered in the short run and on the other hand the variable…

Q: Hours of work necessary to produce one unit of cloth or wine is shown in the following table: Cloth…

A: The given table represents the number of hours necessary to produce one unit of cloth and wine:…

Q: Suppose that the economy of the United States has an investment schedule that is reflected in the…

A: There is an inverse relationship between planned real investment and the annual rate of interest.…

Q: The University is considering the level of light to provide at night on campus. Cynthia and Shirley…

A: Marginal benefit is the total amount which is consumer willing to pay for marginal or per additional…

Q: Fill in the blanks in the following table and then answer the question that follows. (Note: Round…

A: Marginal Product = Change in Total Product / Change in Input Average Product = Total Product / Units…

Q: d. If P increases by 4%, what would happen (in percentage terms) to quantity demanded? e. If M…

A: Demand analysis deals with the estimation of demand/sales based on available historic data for the…

Q: The long-run advantage of incentive-based regulation relative to command-and-control is that, in…

A: The incentive based regulation is an administration guideline, (for example, a tradable emanations…

Q: What are the three possible results (or findings) from the use of control charts?

A: The control chart is basically a tool to monitor the quality or process for a potential change in a…

Q: ou have recently learned that the company where you work is being sold for $1,000,000. The company's…

A: The gain or loss of an investment over a given time period, represented as a percentage of the…

Q: Just the bolded one please Using the above graph,   The minimum level of output this firm would…

A: Costs that are fixed are those that don't change based on volume. The majority of fixed costs are…

Q: Which of the following features is not possible in a game tree?

A: An information set is used to convert simultaneous extensive form games to strategic form games.…

Q: You invested $5131 for 9 years at 4.82% per annum. How much more would you receive at the end of the…

A: Given, Principal = $5131 time = 9 years = 108 months rate = 4.82% annual = 0.4016% monthly The…

Q: Twenty years from now, Angelo plans to buy a new motorbike worth BD10,000. The current rate of…

A: FV = 10,000 r = 8% n = 20

Q: s. If the team is maximizing profits, what is their optimal ticket price?

A: Writing the Inverse demand function P = 35/9-Q/9000 TR = 35/9Q -Q2/9000+2Q(concession revenue) MR =…

Q: You invested $5131 for 9 years at 4.82% per annum. How much more would you receive at the end of the…

A: Compound interest (otherwise called "compounding interest") is the interest on a credit or store…

Q: Using this payoff matrix, answer the following questions: Up Karl Straight 2,4 Down Adrian Middle…

A: The dominant strategy is the best course of action irrespective of rival firm strategies. It…

Q: Mr Kassim a divorcee promised his former wife a monthly allowance of N10,000 for her maintenance.…

A: Mr. Kassim a divorcee promised his former wife a monthly allowance of N10,000 for her maintenance.…

Q: Suppose the inverse demand function for a monopolist's product is given by P=100-20 and the cast…

A:

Q: The last decade was free of recessions and from the opening bell in January 2010 to the closing bell…

A: The percentage of the working population in the economy between the ages of 16 and 64 that is either…

Q: Table 1 shows the actual customer demand for hairdryers from Dyson company. The actual demand has…

A: In the simple moving average method (using 3 months), we directly take the average of last 3 months…

Q: Below is economic data for Germany for 2016 (measured in billions of current euros). What was total…

A: Total Spending is known to be as the spending which mainly means that when a person spend money for…

Q: Pls do fast

A: A1 = $1500 n1 = 6 years In year 9 - OTD - $3500 In year 11 - OTW - $2500 From year 12: A2 = ?  n2 =…

Q: What rate of return would she have earned during the year (between July 2021 and July 2022)? Show…

A: Follow the following steps Covert USD to Turkish Lira Apply Interest rate and add it to the amount…

Q: 1. Find the MRS (marginal rate of substitution) for the following Utility functions: 1. U(x, y)= 2.…

A: INTRODUCTION: The marginal rate of substitution (MRS) is the quantity of one good that a consumer…

Q: What is the the total utility of consuming five units of the B good? What is the total utility of…

A: The utility is the wants satisfying power of goods and services.  Marginal utility is the additional…

Q: ind the optimal amount of labour and capital that you will be using, and compute the total cost.

A: Put given Q = 200 and solve for K put that value in Cost and minimize Cost.  Find optimum values of…

Q: Demand equation of SL.ltd tiles is estimated as P = 8000 - 24Q. Find the marginal revenue when Q=…

A: Marginal revenue measures the change in total revenue due to change in quantity produced. Total…

Q: Excess reserves are Multiple Choice O Required reserves less demand deposits. Total reserves less…

A: Meaning of Financial Assets: The term financial assets refer to the situation, under which these…

Q: If a firm is a price-taker, then Select one: O a. marginal revenue is equal to price O b. the firm…

A: A firm which has to accept the price created by the market is called a price taker and at the same…

Q: Suppose that there are 90 firms in a market, each with the following cost function: C(q) = 65+4q2…

A: Firm's total cost: C = 65+4q2  Market demand: D = 1260 - 39p