Q: please answer letter h. thanks!
A:
Q: What is a characteristic of pure command economies? A The government controls major industries. B…
A: There are majorly four types of economic systems. 1. Pure Command economy 2. Market economy 3.…
Q: part B a. i. What is the equilibrium price of protective masks before trade? ii. What is the…
A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…
Q: In a closed economy, fiscal authorities are deciding between the two following alternative policies:…
A: In case of recession in the market the government takes steps to boost the market performance and…
Q: Figure 16-7 Price level P₁ P₂ P₁ LRAS LRAS (8 C SRAS, SRAS AD₁ AD₂ 0 Y₂ Ya Real GDP (trillions of…
A: Interest rate: - it is the percentage charge on the principal amount by a lender to a borrower.
Q: CHOICES: a. Both statements are TRUE b. 1st statement is TRUE, 2nd is FALSE c. Both statements are…
A: An economist is a person who analyses how individuals make choices and is interested in utilizing…
Q: Question 1) Thoroughly explain why there is a strong association between development and urbanism. A…
A: Metropolitan fixation is characterized as the offer in absolute populace of the populace living in…
Q: A printing machine initially costs ₱169,000. It can be sold for ₱15,000 at the end of its 12-year…
A: The double declining balance method of accelerated depreciation is a type of accelerated…
Q: Benefits Dis-benefits To the people P 15 Million now and P1.5 Million per year for ten years P 1…
A: BCR is calculated by dividing the proposed total cash benefit of a project by the proposed total…
Q: 10 Discuss how according to Schumpeter innovations emerge and what role they play for the…
A: Since you have asked multiple questions, we will solve first question for you. In case you want any…
Q: CHOICES: a. Both statements are TRUE b. 1st statement is TRUE, 2nd is FALSE c. Both statements are…
A: The agriculture sector is considered as the driver of economic growth in most of the developed and…
Q: If the payoffs from strategy Y are always greater than strategy X, Group of answer choices strategy…
A: In the game theory, payoff represents one's gain or loss from choosing a specfiic strategy when…
Q: Q2.2: (a): How much money should you be willing to pay now for a guaranteed $900 per year for 10…
A: In the first part of question we need to find the present worth of the one time payment to receive…
Q: Leopard golf clubs usually sell for $1300. At this price, the retailer can sell on average 20 sets…
A: Revenue optimization is a mixture of demand, pricing, and marketing strategies utilized to maximize…
Q: Suppose that the price-demand and the price-supply equations are given respectively by the…
A: At equilibrium the price is determined through market mechanism where demand and supply are equal at…
Q: Assume that a country is endowed with 2 units of oil reserve. There is no oil substitute available.…
A: * SOLUTION :- Given that , Marginal willingness to pay for oil is P = 8 - 0.61q Quantity= 2…
Q: CHOICES: a. Both statements are TRUE b. 1st statement is TRUE, 2nd is FALSE c. Both statements are…
A: The agricultural sector plays an important role in an economy. It is a primary sector that acts as a…
Q: Why it is important to investigate the relationship between migration and income inequality?…
A: Income difference (determined by the number of money individuals are paid) and wealth inequality are…
Q: 1. An investment company advertises accounts that actually yields 13% interest per year when…
A: Given the information: Actual interest rate = 13% Use the below formula: Nominal interest rate = m ×…
Q: How did you get 12503304.67 from 26.2
A: Let's understand this with the help of an example. If value of square root of x is 4 i.e., x0.5 = 4…
Q: 7. When two nations trade with each other, complete specialization by both nations will occur if a)…
A: A trading nation is a nation where international exchange makes up a huge level of its economy.
Q: Q.6 (b)Suppose there two goods 1, and 2 with prices p, and p, and the supply and demand functions…
A: Supply function and demand function in market 1 S1=3P1 D1=8-4P2-P1 Supply function and demand…
Q: When and why is it appropriate to have a congressional "supermajority" vote?
A: A supermajority is a revision to a company's corporate charter that requires a greater than usual…
Q: 7 Chapter Subject: Monopoly Should Amazon be regulated by the U.S. Government? Explain.
A: Monopoly A monopoly is a form of the market where there is a large number of Buyers and only a…
Q: Suppose the demand for oil is P=136Q-0.20. There are two oil producers who do not cooperate.
A: Given inverse demand: P= 136*Q-0.2 or P = 136/Q0.2 A cartel is like a monopoly and thus the optimal…
Q: There are thousands of wheat farmers who produce and sell wheat and there are millions of consumers…
A: The market is a location where the transaction of services and commodities takes place. It is…
Q: The market for Blu-ray movies is perfectly competitive, with the market supply curve given by O =…
A: Price elasticity of demand refers to the sensitiveness in quantity demanded due to tye change in…
Q: Machine A was purchased last year for $20,000 and had an estimated market value of $2000 at the end…
A: Given:- Two machines A and B purchased Machine A cost=$20,000Machine B cost=$14,000Salvage Machine…
Q: Question 3 Determine if the following statement is true or false and explain your answer. "Arrow's…
A: Arrow's impossibility theorem is a social choice paradox that shows that having an optimal voting…
Q: iseconomies of scale? What does this have to do w f scale? What does this have to do with the…
A: Gradually in simple words we can say that the economies of scale are usually known to be as cost…
Q: Explain the difference between the institutionalized and person-centered models of support in…
A: The institutionalized support concept is primarily focused on improving or correcting societal…
Q: (a) Prove that competitive equilibria are always Pareto efficient. (b) Consider two-persons,…
A:
Q: 1. Consider the following picture showing a market in which there is a positive externality: PMC=S…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
Q: True / False questions with EXPLAINATION. 1. In AD - AS model , if the government increases tax on…
A: 1) If the government increases the tax rates in the AD-AS model, the income after tax in peoples'…
Q: An option's cost (premium) before expiration reflects: A. The Expected Value of any dice…
A: Investors and traders new to the options markets often prefer to buy call and put options due to…
Q: What were the implications of the crisis on the financial industry? (Savings and Loans crisis in the…
A: The Savings and Loan Crisis (S&L) was a long-drawn-out financial crisis. Between 1986 and 1995,…
Q: 3. A profit-maximizing firm is perfectly competitive and is at long-run equilibrium. The output of…
A: A perfectly competitive market refers to one where a company may readily enter and offer a product…
Q: total cost of producing T-shirts can be represented as TC = 50 + 2Q. a) What is the marginal cost of…
A: The formula to compute total cost is given below: TC (total cost) = TFC (total fixed cost) + TVC…
Q: TP = 500 kº.7L0.4 B = 50,000 P₁ = 300 P₁ = 500
A: We have isocost equation as B = K*Pk + L*PL
Q: A decrease in the price level accompanied by no change in the money wage rate leads to movement…
A: So in the economy whenever there is a change in the price level the long run supply curve would…
Q: Stock ABC has a Forward for December at: $450, Is it reasonable that A PUT option on ABC, with a…
A: A forward contract allows you to buy or sell an asset at a predetermined price in the future. An…
Q: How is significant the relationship between migration and income inequality to the community, the…
A: Income Inequality refers to the condition where people residing within a specific area has unequal…
Q: Contracting company plans to update its equipment so that its trucks are replaced after five years…
A: Compound Interest When you earn interest on the principal amount of an investment, it is added back…
Q: In 2019 the total amount of currency in circulation was C = $1,745.10 billion. Demand deposits in…
A: The medium of exchange that is being used for carrying out business transactions and accepted widely…
Q: 7. Two firms produce identical goods, with a production cost of c> 0 per unit. Each firm sets a…
A: Gievn that each firm has same marginal cost C of production.
Q: Examples of Global North and South and give example on the countries that are situated in the…
A: The location of any country is very significant economically and socially. the availability of…
Q: All question are with regards to the following set up. There are two firms A and B. Firms compete in…
A: Given information Demand function P=18-qa-qb C=3q Firm B is domestic firm Firm A is foreign firm…
Q: Consider the economies of Hermes and Gribinez, both of which produce gobs of goo using only tools…
A: We can productivity in simple language say it is considered as that relative measure of the…
Q: Which of the following statements about the Law of Supply is most accurate? Question 14 options:…
A: Supply refers to the quantity of the commodity which the producers supply at various prices in the…
Q: Q2: A company plans to update its equipment so that its trucks are replaced after ten years from…
A: Compound interest, also known as Interest on Interest, is interest that is added to the interest…
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