What can you say about Tax incidence in your country, who carries the burden more? Give examples and explain your answer.

Q: countries, Home and Foreign, whose is SH = 900.000 and SF = 1.600.000. d curve of the industry i is ...

A: *Answer:  The general demand (dd) function is: Q = S[1/n – b(P – Pavg)] Where, Q is the sale of an i...

Q: In experiments in which participants voluntarily contribute to the provision of a public good, we of...

A: The propensity for freeriding behaviour is larger in the context of an uniform tax burden for all pa...

Q: Refer to the graph to the right. The shift from AS, to AS, shown in the diagram is referred to as a(...

A: Aggregate supply curve is a positively sloped curve which shows the relationship between price level...

Q: What are the two main limitation of macroanalysis? Discuss briefly in few sentences:

A: The two limitations of macroanalysis are as under: (1) A person is completely unnoticed. The basic g...

Q: 15) The competitive firm's long-run supply curve is that portion of the marginal cost curve that lie...

A: Dear student, you have asked multiple questions in a single post. In such a case, I will be answerin...

Q: Discuss whether there is a conflict between economic growth,price stability and full employment

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...

Q: Based on the graph answer the question below Price P2 M. P1 K Q, Q3 Quantity If the price rises from...

A: "Producer surplus is indicates by the area above the supply curve and below the market price."

Q: What are objectives on interest rate spread

A: When talking about interest rate spread, it is considered as the difference in the interest rate cha...

Q: The U.S. Energy Information Administration (USs EIA) reported that the average price for a gallon of...

A: since you have asked multiple questions and according to policy we can solve only 1 question and for...

Q: Consider the situation below: You were involved in an accident with the other car, and the accident...

A: Introduction Suppose you were involved in a accident and it was only my fault. Then the car owner as...

Q: Suppose the government is weighing different fiscal policy options, and they would like your help es...

A: As given decrease transfer to households by $1000 or decrease government purchases of goods and serv...

Q: Suppose the workers on a farm are equally productive but they may decide not to work as hard because...

A: Adverse selection: When there is asymmetric information between two parties, and the party with the ...

Q: Give a concrete example showing how Aid for Trade had succeeded or failed in certain countries. Expl...

A: Trade-related aids can be considered as one of the most important tools for providing support for tr...

Q: Explain production function to a non-academic audience.

A: The markets are the place where the buyers and the sellers tend to interact with each other. The dem...

Q: Robert wins $5,000,000 at the lottery; however, he is not going to receive the full prize immediatel...

A: To find the present value of future cash inflows, we discount the values of future cash inflows with...

Q: Find the maximum profit and the number of units that must be produced and sold in order to yield the...

A: Given Revenue function: R(x)=2x                                  ... (1) Cost function: C(x)=0.05x2+...

Q: How do you expect future oil prices to  behave? Please justify your response.

A: The economies around the globe are involved in various economic and financial activities. The econom...

Q: Market demand is Qd = 100 - p. Market supply is Qs = 4p. A competitive firm has MC = 2Q. How !3! !3!...

A: Equilibrium in the competitive market is reached where quantity demanded equals quantity supplied.

Q: What is marginal revenue

A: Total Revenue is the revenue earned by the producers or sellers by producing or selling the goods or...

Q: Given: Market for Flowers Price of Flower/boquet 100 330 500 Qd (x) of Flower/boquet 40 Point Price ...

A: Given information

Q: The schedule below shows the quantities of shoes demanded at each income level in a community from 2...

A:

Q: Assume that the annual rate of inflation is expected to be 4 per cent per annum for the next five ye...

A: When a currency's value decreases over time, it is called inflation. Over some time, an economy's av...

Q: THE PRISONERS' DILEMMA: APPLICATIONS Which of the following phenomena are common mechanisms for sus...

A: A prisoner's dilemma is a situation in which individual decision-makers are always tempted to make c...

Q: For the demand function x=D(p)=50-4p : (a) The elasticity is E(p)= (b) When p=5 , the elasticity E(5...

A:

Q: Price elasticity of demand for gasoline is estimated to be -0.3 in the short run and -1.2 in the lon...

A: Given  Short-run price elasticity of demand for gasoline =-0.3  Long-run price elasticity of demand ...

Q: With an inverse demand equation of  P = 10 – 0.05Q and an inverse supply equation of P = 1 + 0.10Q: ...

A:

Q: 1. Why do employers typically pay for specific skills? These skills only work with one employer, thu...

A: Job-specific talents are the skills that allow a job applicant to excel in a given role. Some skills...

Q: what do you think about NFTs in the market, is there and need for them? And what are some concerns r...

A: Non-fungible token(NFT): The item can be considered as non-fungible when the particular item cannot ...

Q: ear end ash Flow 1 2 3 4 -3,345 1,100 1,100 1,100 1,

A: Assume, CF = Annual cashflow  IRR = r n = 4 years

Q: Consider two lotteries: • Lottery 1: The gamble (0.1,0.6,0.3) over the final wealth levels ($1, $2, ...

A: People who prioritise capital preservation over the possibility of a higher-than-average return are ...

Q: or the cash flow revenues shown below, find the value of G that makes the equivalent annual worth in...

A: Given: Annual equivalent worth=$500 Interest rate (i)=10% per year Gradient=G Number of years(n)=7

Q: You need to determine whether a project is profitable or not in a long run. Based on the data given,...

A: Introduction A project is profitable if when its net value is positive. a) After 3 years of investme...

Q: If exports exceed imports does not make any sense net exports is negative net exports is positive ne...

A: The answer is - Option 3: Net export is positive

Q: Give an example of an Elastic product, what makes it elastic? What can make it become inelastic?

A: In a market, there are numerous product which are elastic as there quantity demanded will change sig...

Q: Calculate the capitalized cost of an equipment maintained at a rate of 6% every year for P10,000, re...

A: The present value of an item's annual sales over an indefinite period is its capitalization cost.  

Q: You bought an antique car three years ago for $500 000. Today it is worth $650 000.(a) What annual i...

A: Time (t =) 3 years;    Principle (P) = $500,000   Worth after 3 youlf x= $ 150,000

Q: Use the below graph to answer the question: Output per labour Production D function 3 Production B f...

A: Here, three production functions are shown in the given graph. Production function shows the ability...

Q: Which one of the following statements is true in regards to who owns the Feds district banks? O A. T...

A: The composers of the Federal Reserve Act intentionally dismissed the idea of a single central bank. ...

Q: In games with a Prisoners' Dilemma structure, we are often able to show cooperation emerging where t...

A: Prisoner's dilemma is a condition particular decision-makers always have an incentive of choosing in...

Q: 7. At what price would there be a shortage of 800 video games? 8. What would happen to demand for vi...

A:                                      

Q: You've got lucky and about to get married. You are looking for an apartment to buy. Your savings fro...

A: Lenders charge borrowers an interest rate based on a percentage of the principal, which is the amoun...

Q: The competitive firm's long-run supply curve is that portion of the marginal cost curve that lies ab...

A: A perfectly competitive firm's short-run supply curve is that portion of the marginal cost curve tha...

Q: Explain how any technological advancement (increase in our A from production function) could affect ...

A: Technological advancement reduces  the cost of production and increases the labour productivity whic...

Q: 2. Assume the supply and demand for paper is given by the following: Demand: P =1500 – 0.1Q Private-...

A: Introduction Demand function has given as P = 1500 - 0.1Q Multiply the above equation by Q, we have ...

Q: Two countries are producing two goods: one perfectly tradable t, the other non-tradable nt. For each...

A: Given information: Country 1:  Good t:  Yt1= At1Lt1                Yt1= 1Lt1      The marginal produ...

Q: 3- Given: Y=C+l+G, C=25+0.75Y, I=lo= 50, and G=Go= 25 Find the equilibrium level of income

A: The economies around the globe are involved in various economic and financial activities. The econom...

Q: Three voters vote over two candidates (A and B), and each voter has two pure strategies: vote for A ...

A:

Q: 3. Briefly explain how a hike in fuel prices would affect your business costs, sales,competitiveness...

A: Cost refers to the total expense that is incurred in the production of a product in any firm. Cost i...

Q: Cite five technological "singles" (for example, the personal stereo in 1977). Which one innovation d...

A: Enhancements in technology have widened the path for more innovation and led to improve economic gro...