Question 4 What are likely to be the effects on the DEMAND for motorcars if there is: A rise in the price of petrol g) A rise in the price of steel h) A government restriction on the use of cars

Q: Bruce Wayne has a child  and wishes to determine  what lump sum would have to be paid into an an…

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Q: X4

A: We know that The unemployment rate refers to the fraction of the total labor force that is…

Q: There are two firms with the same cost function c(q)=c*q. The aggregate inverse demand is…

A: D(Q) = 100- Q C(q) = c*q Given: Two firms ; 1 and 2 In Cournot Model, both firms decide the quantity…

Q: (a) If the price of a good increase from $3.50 to $4.25, leading to a fall in quantity demanded from…

A: The price elasticity of demand is the percentage change in the quantity demanded of a good or…

Q: Using DBM, when is the t year with a book value of P7,633 if the asset is bought at a price of…

A: Given  The initial cost of the asset (FC) =P17,763.00 Salvage value (SV)=2459 Economic life =10…

Q: The poinsettia is a wildflower native to Mexico. It was almost unknown in the U.S. until the Ecke…

A: This scenario shows a shift from Monopoly's one seller to several sellers. Price changes are known…

Q: Question 2 (a) An airplane was carrying a briefcase containing a pile of cash worth RM1 billion. The…

A: In macroeconomics, money supply refers to the total volume of currency held by the public at any…

Q: 5. Economic growth and public policy Suppose an American buys stock issued by an Argentinian…

A: Since the American bought the share issued by the Argentina's company. Hence he can sell the share…

Q: For the relationship graphed below: Household Spending = C ($/month) a Question 7 Homework…

A: Macroeconomics refers to the branch of economics dealing with the performance, structure, behavior,…

Q: Answers A-E A 20 years. B 36 years. C 48 years. D 50 years. E 72 years.

A: GDP refers to the sum total of the market value of final goods and services produced in a country…

Q: Refer to the production possibilities schedule below, which shows a hypothetical society's…

A: A production possibility frontier (PPF) shows the maximum possible output combinations of two goods…

Q: Which of the following best describes the Environmental Bottom Line of sustainability? Ecological…

A: Environmental well-being is the right answer.

Q: You have been taking a course on game theory at university. After attending 10 of  15 hours of…

A: game theory gives devices for analyzing circumstances in which parties, called players, settle on…

Q: What exactly is a market economy? and a discussion of the benefits and drawbacks of a free market

A: The means by which a specific government or society organizes and distributes all the available…

Q: What is NOT the aspect of sound regression analysis? Select one: a. The effect size that matters…

A: Regression is characterized as a measurable technique that assists us with dissecting and grasping…

Q: 6. Consider a three-sector input-output model in which sector 1 is agriculture, sector 2 is…

A: Economy consists of three sectors namely primary sector which consists of agriculture and other…

Q: Any company in the U.S. that plans to issue stocks or bonds is required by the Securities and…

A: Companies must present their balance sheet and income statement because the Securities and Exchange…

Q: if q new shirt cost $34.99 and the sales tax is $2.10 the sales tax rate is Answers: A. 2% B. 4% C.…

A: Given  q new shift cost=$34.99 the sale tax =$2.10 Sales tax is levied by the government, it is some…

Q: a manager is trying to decide whether to buy one machine or two. If only one is purchased and demand…

A: The expected payoff is the amount that an individual expects to gain from a specific investment…

Q: Need help with this. I tried to do the graph and I think I got it. Please double check it and answer…

A: When we are deriving the market supply when the individual supplies are given. And for that we do…

Q: What are some key attributes of an effective global human resources function? Please explain.

A: In this advanced time, associations have become more individuals driven than any other time —…

Q: Consider the demand function (a) Determine the inverse demand function. (b) Determine the revenue…

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Q: Jack and Diane work at a bakery. Jack can make either five batches of cookies or two cakes per hour,…

A: Here we will use the concept of absolute advantage. The worker who have advantage in producing cakes…

Q: How much should I invest today and expect a reimbursement every other month with a ROR of 0.09…

A: given that, reimbursement every other month with a ROR of 0.09 compounded bi-monthly for 4 years.…

Q: .Saving and investment in the national income accounts The following table contains data for a…

A: Gross Domestic Product (GDP): Gross Domestic Product is described as the total value of goods and…

Q: If Andres and David decide to specialize and cooperate, then Andres will produce sandwiches and…

A: Suppose there are two people, A and B. And they are producing two goods, i.e., X and Y If A's…

Q: 2.The marginal revenue of a firm is given by the following equation: MR(Q) = 22 +21Q + 16Q2 Where, Q…

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Q: What will be the value of profit if total revenue is $980 and total cost is $461 ??

A: Profit is exactly known to be as the amount of the revenue which is left after all the costs which…

Q: You owe ₱30,000 due at the end of 3 years without interest. After 2 years, you want to pay the loan,…

A: Given  P30,000 is due at end of 3 years without interest rate which means the creditor will receive…

Q: A small mining group is considering the purchase of a continuous of all expenses expressed in year 0…

A: Given information: Net present value = $8889024 Interest rate = 14%

Q: What are the breakeven points and the range of profitability for the given total profit general…

A: TP = -0.02D2+500D-1000

Q: For the general multiple regression model y =B₁ + B₂x₂ + B₂³x₂ + ... + Bxxx + e the following two…

A: Exogeneity : It explains that the correlation between the error term and the explanatory variables…

Q: You decide to open a retirement account at your local bank that pays 6%/year/month (6% per year…

A: Future worth (FV) is a monetary idea that doles out a worth to a resource in view of assessed…

Q: I have purchased a machine worth P1,522,807.00. And it needs maintenance every 6 months starting…

A: Future value (FV) is the value of a current asset eventually founded on an expected growth rate.

Q: 1. In a simple economy, people consume only 2 goods, lo market basket of goods used to compute the…

A: A price index is a measure of the proportionate, or percentage, changes in a set of prices over…

Q: Below table shows the production possibilities for the country of Emilon: Rice Beef A 0 60 B 70 54 C…

A: Production possibilities frontier shows different combinations of two goods that can be produced…

Q: A BANK CHARGES 15% SIMPLE INTEREST ON A P500.00 LOAN. HOW MUCH WILL BE REPAID IF THE LOAN IS PAID…

A: Simple interest is determined by multiplying the everyday interest rate by the principal, by the…

Q: What distinguishes the nature of hospitality and tourism facilities?

A: Whether someone is visiting for business or pleasure, the quality of the customer service she…

Q: Figure 4-2 ↑Price 10 9 + 8 Panel 1 Demand 12 3 4 Demand 1 7 8 Quantity 10 9 8 ↑ Price 1 2 Panel 2…

A: The demand curve only shifts when there is a change in any non-price factor.

Q: Task 3: The population of the Republic of Butters is 165. Of these 165 individuals, 130 are in the…

A: The labor force is the sum of unemployed and employed people i.e., Labor force = Unemployed +…

Q: Consider a small island country whose only industry is weaving. The following table shows…

A: Labor productivity is the computation of the number of goods and services manufactured in one an…

Q: Question 16 The following graph shows Sarah's budget line. Suppose the bus fare is $2.00. What is…

A: Budget line shows the different combinations of goods and services that can be purchased with the…

Q: Analyze the problem in terms of sandwiches for salads. Choose terms of trade that will be beneficial…

A: Terms of trade is the price of one good in terms of the other good, that two countries / individuals…

Q: Question 2 According to the circular flow model, households work and receive payment from firms in…

A: Circular flow diagram shows that how money transfers among household and firms.

Q: With a greater amount of consumption, total utility   Multiple Choice   increases only if marginal…

A: Utility is the satisfaction derived from consuming the good.

Q: Explain the circumstances where the law of supply may not hold.

A: The Law of supply shows the positive relationship between price and quantity supplied, other things…

Q: 47. It serves as the national coordinating institution for voluntary standardization in United…

A: The standardisation infrastructure in the United States are rooted firmly in the history of America.…

Q: 2. Given the demand function of a certain good to be P + 20 = 750. a) Find the marginal revenue. b)…

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Q: The beer manufacturing industry in the U.S. includes dozens of independent firms. Yet the American…

A: Oligopoly market. Every market, industry, or firm structure is referred to as an oligopoly. When a…

Q: Question 8 Possibilities I || III IV Economics 94 87 77 62 10 points on the economics exam. A…

A: Opportunity cost refers to the forgone benefits from the next best alternative.