Q: Suppose that the long run TC function is as follows: TC=1000+10Q² (and total cost is 0 if Q is less…
A: Given, TC = 1000 + 10Q2MC = dTCdQ=20Q Price, P = 300
Q: A cartel can be formed as a tacit collusion when: none of the other answers are correct. firms…
A: Tacit Collusion : The situation of tacit collusion cartel can be defined as when the competitors do…
Q: The following graph shows the market for bank reserves in a hypothetical economy. Suppose the price…
A: Impact of decrease in the overall price level is shown in the below graph…
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A: The private gain from selling an additional output unit is a monopolist's marginal revenue. The…
Q: Types of Circular Flow of Income in Economics
A: In an economy, the circular flow refers to the never-ending flow of goods and services produced and…
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A: According to the question, Line A refer to the total adjusted gross income reported on a tax return…
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A: Consumption is the sum of Autonomous consumption and induced consumption. Autonomous consumption…
Q: In the design of a jet engine part, the designer has a choice of specifying either an aluminum alloy…
A: In the design of a jet engine part, the designer has a choice of specifying either an aluminium…
Q: Explain the concept of excess demand in macroeconomics. Also, explain the role of open market…
A: Excess demand is defined as when aggregate demand exceeds aggregate supply at full employment.
Q: Suppose that there are only two goods produced in an economy haircuts and banking services Prices,…
A: “Since you have asked multiple questions, we will solve the first 3 subparts of the question for…
Q: The Federal Reserve sells $28.00 million in Treasury securities. If the required reserve ratio is…
A: Money multiplier = [1 - Currency deposit ratio] / [Currency deposit ratio + Reserve deposit ratio]…
Q: Examine the Lorenz Curves for Germany and Singapore shown in Figure 5. Which of the following…
A: The Lorenz curve and Ginni coefficient are the measurements of the inequality in an economy. With…
Q: 1. Draw five aggregate supply and demand graphs at long run equilibrium. Illustrate what would…
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: Suppose the equilibrium real interest rate is 5% and inflation rate is 3%. Determine the equilibrium…
A: Real Interest rate = 5% Inflation rate = 3%
Q: What are some applicable employment related laws in Canada? (i.e. equal employment, compensation,…
A: here we find some applicable employment related laws in Canada (i.e. equal employment,…
Q: 7. Assume that the town citizen's have the right to free air and the factory does not have the right…
A: Since you have posted a question with multiple sub–parts, we will solve the first three sub-parts…
Q: What is the difference between digital banking and branch banking?
A: The term "digital banking" refers to banking conducted entirely online, without the use of paper…
Q: Question 14 The accounting equation states: Assets Liabilities + Equity Assets + Liabilities -…
A: The correct answer is given in the second step.
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A: Resource development refers to the development of resources in an economy. Resources should be used…
Q: If you hold a bond at a time when the market interest rate is increasing, you will find that the…
A: Interest rate: - it is the percentage charge on the principal amount by a lender to a borrower Bond:…
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A: Accounting is basically a system that is used to record, summarize, and organize financial or…
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A: According to the law of demand, "other things being constant there is an inverse relationship…
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A: Real GDP is the value of final goods and services produced in the economy within a given period of…
Q: 3. Suppose that the revenue in selling x tables is equal to 200x - 0.25x² dollars, and producing a…
A: Profit = Total Revenue - Total Cost R(x) = 200x - 0.25x2 C(x) = 2000 + 50x Profit = R(x) - C(x)…
Q: If the monopolist is incurring a short run economic loss, what are some options the monopolist has?…
A: Note:- Since we can only answer one question at a time, we'll answer the first one. Please repost…
Q: Consider the following cost function: Total Cost = 50+5Q^3 and demand curve Price= 5000-275*Q Given…
A: The profit is maximum at MR=MC MR=5000-550Q ....... An MR curve is double sloped than an inverse…
Q: Suppose the annual welfare benefit formula is Benefit = $4,000 0.67(Wages > $2,000) Instructions:…
A: Given: Benefit=4000-0.67(Wages>2000) The tax rate that depicts additional tax that is being paid…
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Q: Economics A monopolist competition firm has MR=MC=50, ATC=40, P= 35 at the current outpur level of…
A: We have given MR=MC=50 , ATC=40 and p=35
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A: * SOLUTION :- (10) Given that ,
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A: Answer; In order to determine which Alternative needs to be selected we will determine NPV of bith…
Q: uppose output and income is equal to 16100, the marginal propensity to consume is 0.65, and…
A: Consumption is the sum of Autonomous consumption and induced consumption. Autonomous consumption is…
Q: Suppose a discriminating monopolist is selling a product in four separate markets in which demand…
A: Given, the demands in the monopolistic firms: Q1 = 300 – P1; P1 = 300 - Q1 Q2 = 200 – 0.5P2; P2 =…
Q: In an Open Access equilibrium of fishers maximizing their profits, new fishers will continue to…
A: an Open Access equilibrium of fishers maximizing is considered as an competitive market.
Q: The long-run aggregate supply line will necessarily shift to the right when Group of answer choices…
A: A long-run aggregate supply curve is vertical at the level of production the economy can produce…
Q: Provide your answer below: Price Level 116 Real GDP = 120 billion
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Q: If you hold a bond at a time when the market interest rate is increasing, you will find that the…
A: Interest Rate Risk: The phenomenon of an inverse relationship between market interest rates and bond…
Q: s the line 2 = 1-2t, y = 2+5t, z = -3t parallel to the plane 2x + y -z = 8? Give reasons for your…
A: As it is given to us x=1-2t y=2+5t z=-3t
Q: There are two consumers and two goods (A and B) in a competitive economy. At the competitive…
A: Individuals (consumers) directly involved in the acquisition, use, and disposal of economic goods…
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A: Theoretically, a monopolistic market is one in which only one business is allowed to sell goods and…
Q: 1. A bank is offering to sell four-month certificates of deposit for $ 4,926. At the end of four…
A: A bank is offering to sell four-month certificates of deposit for $ 4,926. At the end of four…
Q: Making dresses is a labor-intensive process. Indeed, the production function of a dressmaking firm…
A: production function of a dressmaking firm=Q = L − L2800 where Q denotes the number of dresses per…
Q: Use the table below to answer questions about Christina's Christmas Wreaths. Christina operates in a…
A: The incremental costs spent when producing additional units of a good or service are referred to as…
Describe Lancaster Pennsylvania's economy. Which sector is dominant in this town?
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- Now Lebanon is facing an economic downturn. what kind of businesses (platform businesses or pipeline businesses) do you think can be easier and more profitable to survive and maybe flourish?highlight the global economy's movements during the last three decades. What are the ramifications of these changes for multinational enterprises headquartered in the United Kingdom? What is North America? How about Hong Kong?Name the largest manufacturing nation in the world.
- How do you think the U.S. economy will change as we move closer to a technology-driven service economy?The spread of multinational companies and globalization is increasing with time. What are some positive effects of it on everyone. Need 3 brief paragraphs with introduction.How does the economy defined the business financially
- Please help move solve this problem step by step, please. Thank youExamine the economic incentives and risks associated with starting and running a business in the UK.What is your understanding of capitalism? How is capitalism compared to liberalism and neoliberalism? Why does globalization require a country to adopt a liberal market economy?