Which of the following is required to create a sole proprietorship? a) Nothing b) An intention between two or more people to run a business

Q: Suppose the MPC is 0.6. Beginning from equilibrium, investment demand rises by 30. (a) How much does…

A: Here, given information is, MPC=0.6 Change in investment demand=30 To find: change in total output…

Q: BS: Price = Quantity + 690 as a result of monetary policy actions, the Federal Reserve sells 110…

A: Question solved below,

Q: Asechnology change shits the inverse aupply function fom i y to plg.ver demandp21y. Which of the…

A: We plot both the supply and demand curve and get these results:

Q: Discuss two (2) cases of price elasticity of demand. Use diagrams to motivate  your answer

A: Price elasticity of demand Elastic demand is a term used to describe a situation in which demand…

Q: QUESTION 20 Which of the fallawing is not an illustration of the notion of opportunity cost O A. The…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: Alcohol and tobacco are products that contribute the most to the feral government’s tax revenue. Use…

A: Price elasticity of demand measures the responsiveness in quantity demanded of a commodity to a…

Q: Using the same begging portion of the above problem -- A cotton buyer will be making a purchase of…

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Q: Milwaukee Machine Tool is planning to buy a machine for S15,000 with a salvage value of 20% of the…

A: In this question we have, Milwaukee Machine Tool is planning to buy a machine for $15,000 which has…

Q: situations, and it shows that cooperation can be diff to maintain, even when cooperation would make…

A: A prisoner's dilemma is what is happening in which individual leaders are persistently enticed to go…

Q: Suppose that the private marginal cost for a product's (rice) consumption is given by the MB curve…

A: Given information MB=360-4Q MC=6Q Negative externality exists. Given diagram

Q: 60. Assume a recessionary gap of $300 B exists in the U.S. macroeconomy. Also assume that the MPC…

A: Recessionary gap occurs when actual output is less than potential output.

Q: Hedging with production/consumption On May 10, a soybean producer is assessing her marketing…

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Q: Consider this economy: C = 100 + 0.5Y 1= 400 + 0.1Y Drag and drop options on the right-hand side and…

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A: Note: You have uploaded multiple questions at a time. Hence, we shall answer the first one for you.…

Q: In the Keynesian theory, money wages do not fall response to a decrease in aggregate demand .  a.…

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Q: Suppose that every driver faces a 4% probability of an automobile accident every year. An accident…

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Q: Logistic population model is given by d P/dt = 10 P (0.2 – P/5000). %3D | Analyze and show how this…

A: Answer - "Thank you for submitting the questions.But, we are authorized to solve only 3 sub…

Q: The velocity of money is defined as A. the ratio of nominal GDP and nominal money supply B. the…

A: Quantity theory of money states the relationship between money supply, velocity, price level and…

Q: 2. Consider the following Ramsey pricing Lagrangian exercise. max (B1(91) + B2(q2) – C191 – c292 – F…

A: Given information Max[B1(q1)+B2(q2)-C1q1-C2q2-F+λ{P1(q1)q1+P2(q2)q2-C1q1-C2q2-FB1(q1)= area under…

Q: Suppose that the economy is characterized by the following behavioral equations: C = 150 + 0.6YD | =…

A: Aggregate expenditure is the sum of consumption, investment and government spending in a closed…

Q: The monetarist emphasis the inherent stability of the country in the long-run. They also further…

A: The monetarist hypothesis is an economic theory that claims that variations in money supply are the…

Q: in the Ethereum, can we remove the receipt root hash in block header? Explain the reasons.

A: Ethereum is a blockchain system that is decentralized, open-source, and has its cryptocurrency.

Q: Explain the consumer equilibrium condition according to utility theory. Include in  your answer the…

A: Equilibrium of a Single Good: When a consumer buys a commodity, he stops when the price and utility…

Q: st is TC (E) = cE, with c being the unit cost of effort. renue is TR(E) = pH(E), with p being the…

A: *Answer:

Q: Tariff is a tax levied on a particular foreign product entering a country.True or False

A: Here, it is required to explain if the provided statement is True or False.

Q: Assume that 1) households hold no currency and 2) banks hold no excess reserves. The current reserve…

A: Reserve requirement = 10% Money multiplier = 1/RR Money Multiplier = 1/0.1 = 10

Q: Chain-weighted Price Deflators (Index) for GDP 2012 = 100 (Base Year) Nominal GDP Year (in Billions)…

A:

Q: 1. Trade patterns a. How big is world trade today in percentage of world GDP? b. When did world…

A: Gross domestic product (GDP) is the standard measure of the value added created through the…

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Q: Supply of labour: W = 20 + 4L. Production function: Y = A*(K*L)1/2 (square root of K*L).   New…

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Q: The following figure depicts the supply and demand schedules of calculators for Greece, a "smalr…

A: Given information: Greece imports calculators from either Germany or France.  Suppose Germany is the…

Q: 9. Is bundling profitable? Suppose that Ginny is the owner of the only nonmotorized water sports…

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a…

Q: Please refer to the figure below. The equation for p = 105-0.005D 25,000+65D Y D (units sold) How…

A: Given: p=105-0.005D Cost curve equation : 25000+65D

Q: An anicle on forbes.com discussed a business decision by Mat OHayer, owner of Vital Farms. OHayer…

A: An increase in production or total products leads to a company's growth.

Q: QUESTION 4 The following figure illustrates the demand and supply schedules for pocket calculators…

A:

Q: 4. ABC hotel in Ottawa has 20 rooms. Based on the past date, the hotel man- ager estimates t 15%…

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Q: (KEY QUESTION) Bob is a magazine monopolist. His marginal cost of production (per magazine) is…

A: Given:- MC(constant)=$5 To calculate:- profit maximizing output level and price=? Dear student as…

Q: If the Long Run Price in a perfectly competitive market is 5 and the market demand is Q=50-P and if…

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Q: Discuss two (2) cases of price elasticity of demand. Use diagrams to motivate  your answer.

A: Below is the formula for price elasticity of demand: Ep = dQ/QdP/P

Q: Quotas may be set on worldwide imports or on imports from a specific country.True or False

A: A trade restriction or trade barrier is an artificial constraint on the trade of commodities and…

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Q: production possibilities frontier can shift outward if Select one: a. government increases the…

A: PPF shows the different considerations of two goods that can be produced using the all inputs and…

Q: A monopolist faces an inverse demand of P(Q) = 210 – 4Q and constant marginal costs 1. Calculate the…

A: P= 210-4Q TR= P×Q = (210-4Q)Q  MR = dTR/dQ = 210-8Q

Q: 12. Consider an economy without technological progress and population growth. The production…

A: Y = K2/3 N1/3 Divide both sides by N to get per capita production function.  Y/N = (K2/3 N1/3) / N…

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Q: In the short run, what happens to the solow growth model when there is technological advancement?…

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Q: xplain how the Federal Reserve’s raising of interest rates affects the following variables in the…

A: Below is the AD-AS graph: