What happens to the price and quantity demanded of peanuts

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A: We have consumption function where the consumption is dependent on the disposable income.

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A: The female labor force is a significant driver of development and advancement. Ladies partake in the…

Q: Explain Supply

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Q: What distinguishes national income, GNP, and NNP

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Q: Mr. Cruz borrowed P50,000.00 with interest at the rate of 15% payable annually. The debt will be…

A: Present value of annuity factor can be calculated using the following formula: r = interest rate n…

Q: The Cinema Center consists of four theaters: Cinemas I, II, III, and IV. The admission price for one…

A: # The attendance for the Sunday matinee is given by the matrix.   A =…

Q: According to the law of demand, a. quantity supplied and quantity demanded are positively related.…

A: The law of demand holds that, all other things being equal (cetris peribus), the relationship…

Q: What would happen if a product with strong demand had a minimum price that may be charged

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Q: A survey was conducted among four consumer-classes as to the relationship between the average price…

A: Given, A survey was conducted among four consumer classesTo determine the relationship between…

Q: The constant price elasticity of demand for cigarettes has been estimated to be-0.5. To reduce…

A: In order to comprehend the burden and incidence of taxes, it's vital to understand both taxes and…

Q: 1. What is the annual rate of interest if P265 is earned in four months on an investment of P15,000?…

A: The application of economic principles and calculations to engineering projects is known as…

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A: The entire dollar worth of all products and services produced over a certain period of time in an…

Q: Suppose Ace Novelty received an order from an amusement park for 2000 Pink Panthers, 1900 Giant…

A: plush for L.A. =  700*1.1 + 1000*2.9 + 600*2.4 (as LA have 700 panthers, 1000 pandas & 600…

Q: Are wages more sticky upwards or downwards? Why? Explain.

A: Introduction  In economics, wage may be defined as the sum of money paid under contract by an…

Q: Federal alcohol excise taxes are designed so that the alcohol content of beer and wine is taxed at a…

A: Excise tax is defined as the tax that is imposed on specific goods or services like, fuel, tobacco…

Q: Select which field of Economics the following scenarios are most likely to fall into 1. The price of…

A: Economics refers to the study of social science that deals with the production, distribution and…

Q: in the price of substitutes in production would be represented by a movement from A to B. B to A. S1…

A: The supply curve depicts the inverse relationship between the product's price and quantity supplied,…

Q: Use the graph below to answer the following question. Price per dozen bagels $4.50 4.00 3.50 3.00…

A: Prices on the market are established by the interaction between supply and demand. When there is a…

Q: Q.17. Which items are not included in M1 measure of Money Supply? A. Currency with public B. Coins…

A: M1 measure is one of the measurement of Money supply. M1 measure is also called as narrow money.

Q: An individual makes six annual deposits of $2,000 in a savings account that pays interest  at a…

A: Given  To solve the given problem, we need a cash flow diagram. There are six annual deposits of…

Q: Output (Q) 150 200 Total Fixed Cost $500 $500 Total Variable Cost $400 Select one: O a. $2.67 O b.…

A: The term "average cost" refers to the price per unit produced throughout a production run. It…

Q: Given the following demand and supply equations: Demand Qd= 100 - 2P Supply QS = 10 + P…

A: Given information: Qd = 100 - 2P -----------> Demand equation Qs = 10 + P --------------->…

Q: hich of the following groups is most harmed by unanticipated inflation? Select one: a.Those whose…

A: Inflation refers to the sustained rise in the general price level. It reduces the real value of…

Q: The Federal Reserve System is the central bank of the United States, and institution established by…

A: The Federal Reserve is the nation's central bank. It develops and implements monetary and credit…

Q: If nominal GDP rose, does that mean that production had to increase as well? Why or why not? An…

A: Gross domestic product(GDP) measures the money value of all final goods and services produced in an…

Q: is the estimated annual profit for a mine producing 21,000 tons per year (which is at 100% capacity)…

A: Production of zinc mine in Tennessee (at 100% capacity) = 21,000 tons per year Price of zinc = $1.00…

Q: Fountain Precision Products (FPP) manufactures high-technology measurement systems. The systems are…

A: Learning rate refers to the change in average time consumption to produce a specific level of output…

Q: What is present worth

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Q: 3. Using the cost curves for the monopolist (right), answer the questions 3a - 3d below: a. Indicate…

A: Monopoly is what is happening where there is a solitary merchant on the lookout. In regular…

Q: 18. Question 18 options: ---------- is the rate at which the market converts one currency into…

A: Exchange rate can be defined as expressing the price of one country's currency in terms of price of…

Q: An investment earns 2.5% compounded monthly. Find the value of an initial investment of $5,000 after…

A: Given information: Interest rate (r): 2.5% Compunding period (m): 12 (monthly) Principal amount…

Q: Suppose the economy begins at full employment and then consumer confidence rises. As a result, the…

A: Short Fall in the AD means economy facing unemployment which is above the natural rate of…

Q: What does a circular-flow diagram do? ○ It illustrates cost-benefit analysis. ○ It explains how the…

A: The economic model with significant exchanges occurring between the economic units is referred to as…

Q: Consider the following four equations: p=0.01q-5, p=0.005q+0.5 , p=-0.01q -10 , p p= -0.01q+5 . One…

A: Given,  The equations are as follows :p=.01q-5p=.005q+.5p=-.01q-10p=-.01q+5 Demand curve is defined…

Q: . Between January 1999 and January 2000, the cost of long grain rice produced in the United States…

A: The supply elasticity describes how responsive the supply is to changes in the price level. In…

Q: What are the hazards and limitations of a computerized library management system?

A: Meaning :  Computerized library management system is actually a software that is designed to manage…

Q: One of the primary causes of poverty in many developing nations is thought to be cattle mortality…

A: The distribution of limited resources to meet human consumers' needs can be referred to as…

Q: Fill in the blanks in the following tables: Instructions: If you are entering any negative numbers…

A: In finance and economics, the nominal interest rate or nominal rate of interest is either of two…

Q: In the midst of the COVID19 pandemic, what happened to the law of demand? Please consider the…

A: Law of Demand: According to the Law of Demand, as a commodity's price rises, so does the quantity…

Q: The amount of exercise that one gets is an important factor in the determination of his general…

A: Introduction  Positive statement deals with what is and how the economic problems are actually…

Q: ur net benefit is maximized at slices of pizza. (Enter your response as an integer.)

A: Optimisation in levels is the optimal amounts to get maximum profit or maximum consumption of a good…

Q: 3. If you borrow money from your friend with simple interest of 12%, find the present worth of…

A: Present value is the sum of cash that should be invested to accomplish a particular future…

Q: 3. A firm producing hockey sticks has a production function given by q = 2√kl. In the short-run, the…

A: Answer: Given, q=2klk=100v=$1w=$4 (a). The total cost function is given below: Total cost=units of…

Q: Consider a consumer with preferences over two goods X (represented on the horizontal axis) and Y…

A: The utility is the satisfaction which is derived from the consumption of commodities.  The utility…

Q: With the use of a diagram, explain when a monopoly corporation maximises its profit

A: Competition: When a market has many firms, there will typically be competition between them. The…

Q: Salads Per Hour 125 100 75 50 25 0 1 I I 10 20 Pizzas Per Hour B 30 с D 35 3840

A: Opportunity cost Opportunity costs are the possible advantages that a person, investor, or company…

Q: 2. A present obligation of $20,000 is to be repaid in equal uniform annual amounts, each of which…

A: Present Obligation = 20,000 r = 10% n = 5

Q: The price of a gallon of gas moves up and down often. What this means is that, most of the time, the…

A: Answer: The price of gasoline is very volatile in nature. The supply and demand for gasoline change…

Q: Suppose a small economy has two income tax rates: 15% for all income up to $50,000 and 30% for any…

A: in a question, it is given that,the tax rate is 15% below an income of $50,000,the tax rate is 30%…

Q: If the dividend paid last year was $3.50, at a constant growth rate of 5%, and investors demand a…

A: Stock: The term relates to the ownership representational security for the company. The corporation…