Q: The demand function for FreshFood Exclusive Brand's product is D = 80 - 2p , where D is the number o...
A: Demand function D = 80 -2p => p = (80 -D)/2 => p = 40 - 0.5D ------------------ Total revenue ...
Q: Under which stage of the product life cycle, price as a lead variable is particularly appropriate wh...
A: The product life cycle has five stages: Introduction Growth Maturity Decline, and Abandonment
Q: • Which of the following is not typically an element in the structural change that accompanies devel...
A: The answer is - d. All of the above changes accompany development.
Q: 2. Consider the labor leisure decision with utility of In(c)+ aln(1). This utility function is chara...
A:
Q: Each of the transactions indicated in Q.3.1.1 to Q.3.1.5 must be entered into South Africa’s Balance...
A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts fo...
Q: What is the interest earned on a P100,000 investment if it is held for 20 years at 4.3% simple inter...
A: A simple interest in the interest earned for a particular sum of money at some rate of interest for ...
Q: a) Employ the skill circle model and calculate skill range, skill range and total labor cost per wor...
A: Workers = 240 Training cost (T) = $ 1260 / hr Wage (W) = $80 / hr
Q: the following statements best illustrates the concept of consumer surplus, producer surplus, or neit...
A: 1. Consumer surplus: Since the willingness to pay is $143 but pays only$138 so the consumer surplus ...
Q: Table 24-4. Will's expenditures on food for three consecutive years, along with other values, are p...
A: An expenditure is a monetary payment for goods or services made using cash or credit. Unlike a cost ...
Q: While individuals face trade-offs in consumption, as shown by the budget constraint. there is no suc...
A: Trade off occurs when resources are scarce. Scarcity refers to shortage of goods in terms of demand ...
Q: A Maximum Price set below the equilibrium price is called a______
A: Price ceiling A Maximum Price set below the equilibrium price is called a Price ceiling. The term "p...
Q: Suppose that Akbar has consumed two goods Ice cream and apple juice. Details of MUice-cream and MUap...
A: Utility is the satisfaction derived from the consumption of goods . It is measured in terms of utils...
Q: A magazine publisher reports that their revenue function and cost functions (in thousands of dollars...
A:
Q: You own a company that produces widgets. You currently produce 100 widgets; each widget sells for $1...
A: Marginal Revenue:- It is defined as the increase in revenue value as a result of the sale of a new ...
Q: Baseod on the Harrod-Domar model, a. economic growth depends on wise public investment decisions by...
A: Since you have posted multiple questions, we will answer the first question for you. If you want any...
Q: what do you understand by the concepts of intra and inter temporal choice models in managerial econo...
A: Intruduction Managerial economics is a branch/department of economics that deals with the applicatio...
Q: True or False. As you move to the right of any indifference map, consumer utility always increases. ...
A: The indifferent map represents different bundles of two commodities that an individual can consume t...
Q: 65. Which of the following is NOT an input? A. O Labour B. O Entrepreneurship C. O Natural resources...
A: As we know to produce something we need factors of production called input . And with the help of in...
Q: A start up business is considering two types of equipment - data are as follows: TYPE A ΤΥΡE Β First...
A: Given that; Type A Type B Initial cost= P200,000 Initial cost= P300,000 Annual Operating Cos...
Q: The government has placed a price floor on: Oa Gasoline Ob Prescription drugs OC Milk Od Chocolate c...
A: Answer:- 1) C. Milk Explanation- A price floor is an administration or gathering forced value contro...
Q: The demand function for FreshFood Exclusive Brand's product is D = 80 - 2p , where D is the number o...
A:
Q: The OEM company specializing in printed circuit board manufacturing has annual fixed expenses of P50...
A: Given information, Annual fixed cost: P500,000,000 Variable cost per board: P1,400 Selling price pe...
Q: Warrensburg is a small college town in Missouri. At the end of August each year, the market demand f...
A: According to the law of demand, the quantity demanded of a product will fall in response to an incre...
Q: If economists predict that the country of Verdoon will double its real GDP in 5 years, then accordin...
A: GDP: Gross domestic product or what is commonly known as GDP is the measurement of the final value o...
Q: If an economy is in recession, discuss the differing effects created by a tax cut vs. a GDP-G increa...
A: In an economy, recession refers to the market condition when firms and households make lesser econom...
Q: Question 20. How does the graph with the S curve sad the Fed rale change Fed rule Fed rule IS Fed ru...
A: Introduction IS equation is Y = C+ I + G + NX 21) In the 1st diagram IS goes up it clearly states th...
Q: A start up business is considering two types of equipment - data are as follows: ...
A: We need to calculate, By present worth cost method, computation of the value of Type A and Type B:
Q: QUESTION 20 The basic formula for the price elasticity of demand is: Oa the total change in demand d...
A: Since you have posted multiple question, as per answering guidelines, we can solve only one question...
Q: Three transportation projects have been proposed to increase the safety in and around a residential ...
A: We are going to find the NPWs for each alternative to answer this question.
Q: 1. PERFECT COMPLEMENTS Marna is knitting scarves for holiday gifts. Each scarf requires red and gree...
A: Given that:U(R,G) = min{R,2G} Since it is a minimum function, it means that R and G are perfect comp...
Q: A Fast-Moving Consumer Goods (FMCG) Company produces certain items at a labor cost of P 115 each, ma...
A: Given information are- Labor cost =P115 per unit Material cost =P76 per unit Variable cost =P9 per u...
Q: Hira has Rs.1200 a week to spend on yogurt and mangoes. The price of yogurt is Rs.200, and mangoes a...
A: The budget line, additionally referred to as the budget constraint, exhibits all the mixtures of 2 c...
Q: Abhijit deposits $100 in a bank account that pays an annual interest rate of 5 percent. A year later...
A: Deposit=$100Annual interest rate=5%Now,Value of deposit after one year=100+5%Value of deposit after ...
Q: A customer's promise to pay for goods or services - O increases the company's assets creates liabili...
A: A consumer buys goods and services in exchange of a promise to return the money in future.
Q: An annual fixed operating cost of P10,000,000 is incurred by a Medical Devices Manufacturing Company...
A: Fixed cost = 10,000,000 -------------------------- Variable cost per unit = 1,375 Let's assume Q uni...
Q: Abbott wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this year. Th...
A: Given information Ad cost=$5000000 at week 2/13/2022 Ad cost on 3/6=$800,000 Sales on 2/20=$500,000 ...
Q: Recognize the advantages and disadvantages of buying an exciting business or franchise ? Identify th...
A: Running a small business is not the job of weak people. Entrepreneurs work long hours and fàce many ...
Q: 6. a. Consider the following sequential game.
A: Since you have posted multiple questions, we will answer the first question for you. If you want us ...
Q: The chief executive of the cafe chain Sweetwaters Coffee & Tea, said that because buying a cup of co...
A: The elasticity of demand refers to a change in the quantity demanded due to a change in its price. T...
Q: What is the advantage of capital gains treatment of income compared to expensing?
A: Capital Gains Income: One of the most sought-after investments is a residential property. The major...
Q: The Burrito Barn is considering a price reduction on the Firegut Burrito, which currently sells for ...
A: Elasticity of demand measures the responsiveness of quantity demanded with respect to change in pric...
Q: Consider a closed economy with consumption, production, and government. The representative consumer ...
A: 1) Suppose that h = 16. Then, the budget constraint for the consumer is C = .75(16 − l) + 8 − 6, and...
Q: Techiefy Co. wants to launch a new product. It is observed that the fixed cost of the new product is...
A:
Q: 2. Explain the benefits to the Potential employee if M&S opens the new food store
A: The markets are the place where the interaction of the buyers, and the sellers takes place. In the m...
Q: UIV . 3. What is structural unemployment? Give examples of structural unemployment. %3B
A: Among the four types of unemployment, structural unemployment is one of the types that is increasing...
Q: If 1 million people are unemployed and 9 million people are employed how large is the labor force? 1...
A: People who are willing to do work but cannot find job are considered as unemployed. People who are w...
Q: A downtown bar serves a drink that UCSB students love. The profit-maximizing owner knows that any gi...
A: Total surplus is the summation of consumer surplus and producer surplus. Consumer surplus is the are...
Q: Macroeconomics LESSON 6 ACTIVITY 42 (coninued) (F) In the short run, what happens to the price level...
A: The forces of aggregate demand and aggregate supply determine the macroeconomic equilibrium of an ec...
Q: What is the source of DWL? What is the recipe for finding the area of consumer surplus (CS)? Hint: y...
A: DWL stands for deadweight loss. Consumer Surplus is the difference between what the consumer is will...
Q: Illustrate the Advantage and disadvantages of Globalization
A: The process through which the world becomes interconnected due to an increase in trade along with cu...
Step by step
Solved in 2 steps
- Alex contributes 23% of the total cost of her individual health care coverage. She pays $52 bi-weekly towards this contribution. What is the amount Alex's employer contributes for health care coverage for the year?what are three reasons for health care inequities and how can they be avoided or reduced in order to achieving equitable health care ?What impact does the National Center for Health Statistics have on a country's economy and healthcare system?