Suppose country A has five families. Their incomes are $10,000, $20,000, $30,000, $40,000, and $50,000. What is the average income of families.

Q: An investor with a MARR of 15% and at least $40k to invest is using rate of return analysis to deter...

A: Answer -

Q: The demand function for a good is p = 42 – 0.01q. Round your numeric answers to one decimal place. a...

A: As given demand function is  p = 42 - 0.01q  As we know total revenue = price*quantity 

Q: C D Quantity Refer to the graph shown. Between points B and D, marginal utility is: Marginal Utility

A: Total utility is the total amount of satisfaction that a consumer derives from the consumption of sp...

Q: Suppose the central bank subscribes to a monetarist approach to monetary policy. The central bank be...

A:

Q: How does the United States compare to othernations in the area of health care?

A: Despite spending much more on healthcare than developed economies, the United States has poorer heal...

Q: What is the main difference between free-market systems and planned systems?

A: A market is a gathering area where people can come together to exchange products and services. Buyer...

Q: Behavioural and structural equations of an economy are given below: C = 40 + bY %3D |= 50 crore %3D ...

A:

Q: Using a Trend Line The demand for Year Demand electrical power at N.Y.Edison over the years 1997 – 2...

A: Introduction The demand for electric power at N. Y. Edition over the year (1997 - 2003 ) has given. ...

Q: Using what you know about national income accounting, answer the following: Assuming that household...

A: National income is the summation of all factored income earned by the normal resident of a country d...

Q: dump truck was bought for P $ 30,000 six years ago.  It will have a salvage value of $ 3,000 four ye...

A: Given,  Purchase value = 30,000 Salvage value = 3000 Useful life = 10 years (6 year already gone + 4...

Q: Hi, i need help with part a and d only. Thanks

A: Gross domestic product is the value of goods and services that are produced within the given time pe...

Q: How has the global economy changed?

A: A global economy is the result of economic interdependence between the world's most powerful countri...

Q: Consider a strategic interaction between firms 1 and 2. In Stage 1, firm 1 chooses the level of adve...

A: Aggregate demand function : P = 6a - q1  - q2  In a simultaneous profit maximizing  game both firms ...

Q: Explain how a discriminating monopolist allocates his output in two markets and charges different pr...

A: I f there are two markets , a discriminating monopolist will try to maximize his profit in each mark...

Q: a. Apple faces competition from many other firms in the world market for mobile phones; therefore, A...

A: Perfect competition is a market structure where there are many sellers of a product and all the sell...

Q: C D Quantity Refer to the graph shown. Between points C and D, marginal utility is: Marginal Utility

A: Total utility is the total amount of satisfaction that a consumer derives from the consumption of sp...

Q: A person invest P450 to be collected in 8 years. Given that the interest rate on the investment is 1...

A: The future value of an investment is the value of the given investment at a specified date for a giv...

Q: 1. How does the demand curve faced by a pure monopolist seller differ from that confronting a purely...

A: We know that There are many customers and sellers fighting against each other in a perfect competiti...

Q: True or False AFC=ATC+AVC

A: Average cost refers to the total cost per unit of output. ATC = Total cost/ quantity

Q: Complete the following table by computing the total profit (the chemical plant's economic profit and...

A: No recycling= 2900+1700= 4600 Recycling= 2600+2500= 5100

Q: Suppose a manager is faced with the following demand curve for a new software application in a monop...

A: Profit maximization in the monopoly market occurs at a point where MR=MC. We will calculate the inve...

Q: Laura wants to accumulate P150,000 in her bank account by depositing P1000 at the beginning of each ...

A: This question is based on Annuities due, Annuities due are annuities that require payments to be mad...

Q: Which of the following are real and which are current? a. Allyson has been promised a $10 000 inheri...

A: Real and current in the above question is put up in the context of price level of the things if adju...

Q: Suppose producers bear most of the burden of a specific tax of 20 cents on staplers. Which ONE state...

A: The profit which is procured by a firm or person when one extra or negligible unit is delivered and ...

Q: The table below provides data for a hypothetical economy. Total value of corporate shares Currency o...

A: Money supply refers to the total amount of money in circulation among the general public at any give...

Q: Questions: a. By using the 4-market system, give your analysis of the effect of raising the interest...

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

Q: Below are the overtime hours (O) worked by 3 employees an an Office. Calculate var(O). (3 significan...

A: Variance A statistical assessment of the dispersion between values in a data collection is known as ...

Q: (constant dollars) Proouctvty uing 2010 chogy $120,000 00.000 60.000 Productty using 1H6 technsingy ...

A: The production function depicts the technical association between the quantities of output (Q) that ...

Q: r=0% on deposits. Consumer needs to borrow $50 loan and the consumer has uncertain income of y=50,80...

A: expected income and rate of return are calculated as shown below... 

Q: Receive floating volatity during a to Selected period a Pay foxed volatility during a Fixed volatili...

A: Since you have posted multiple question, we will solve first question for you. If you want any speci...

Q: Scenario: Open Economy S= / In an open economy the GDP is $12 trillion this year. Consumption is $8 ...

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

Q: Suppose the government puts a tax on a market with inelastic supply and elastic demand, then---- O. ...

A: When a government imposed a tax on a product, then how much the burden of the tax falls on buyers an...

Q: 11. Suppose an individual has a daily income of Rs. 1,500 and spends it to consume commodities X and...

A: Income of the individual = 1500 Price of X = 75 Price of Y = 50  

Q: 5. M&S company is wishing to determine the EOQ for their company. M runs a men's clothing line. Whil...

A: The order size that minimises the total of ordering and holding costs for raw goods or merchandise s...

Q: The Chinese yuan/RMB is not a widely used currency for trade or investment purposes. Why is this? Wh...

A: The Chinese yuan was formerly tied to the US dollar for several years. This strategy maintains the y...

Q: U.S. import transactions create:    a foreign demand for dollars and the satisfaction of this demand...

A: International trade helps in integration of the world economy through trade and commerce. Internatio...

Q: Please solve using a national income accounting: An increase in disposable income will increase in ...

A: National income means the total factor income earned by country's national income during an accounti...

Q: where Ap contains all autonomous expenditures in the model (it will be a function of r) and h is a n...

A: Y = C+I+G+NX NX = Net Export = Export - Import Y = National income or GDP C = Consumption expenditur...

Q: (In this and all other questions in which a game matrix is given, Player 1 chooses the row, Player 2...

A: Iterated elimination of strictly dominated strategies (IESDS) The iterated elimination (or deletion)...

Q: The demand function for a truckload of firewood for college students in a small town is Qc = 400-p. ...

A: Given:- Qc=400-p p=400-Qc Qr=400-2p To calculate:- Inverse demand function,Firewood purchase by stud...

Q: What makes the Lincoln Electric system so successful in the United States?

A: In the United States, Lincoln Electric has had a lot of success.Their success is aided by the incent...

Q: How would you solve PART D (the one with externality) of this question? Thx

A: The budget line shows the combination of two goods that can be purchased with the given resources an...

Q: Which of the following will not cause an increase in equilibrium GDP? a) an increase in government e...

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: The main items on the A. current account are imports and R.O.W. investments in Canada. B. financial ...

A: Below are the important items of the BOP: 1. Export & import of goods.  2. Export & import o...

Q: Determining the Present Value for a Decreasing Annuity How much money must you deposit now at 6% int...

A: The given values are as follows: Interest rate = 6% Quarterly interest rate = 6%/4 = 1.5% Annuity, o...

Q: a. Based on the macro workhorse model, explain the 'journey' (mechanism) how an initial disequilibri...

A: The fiscal policy is decided by the government of the country. It means taxes or government expendit...

Q: a. Carefully explain why the basic framework of supply and demand is not sufficient to analyze the m...

A: Predominantly, under the gamut of microeconomics is the underlying behavioural theory of individual ...

Q: coupon bond, with semiannual coupons, face value of 1,000, 20 years to maturity, $1,197.93 price. Cu...

A: Use the below formula to find the current yield: Current Yield = Annual coupon amountPrice Consider ...

Q: 2. This is a continuation of the previous problem. Suppose a Primary Metals company's ratio of PL to...

A: Given, Q = 1200 units PL/PK = 1.40 At optimum, MRTS = PL/PK = 1.40