at a country is endowed with 47 reserve. rginal willingness to pay for oil in d is given by P = 10 – 0.31q rginal cost of extraction of oil is t $3 per unit Count rate is 2% rginal cost of renewable energy c
Q: Consider the following data on the X-product: a) What was the growth rate of nominal GDP between…
A: a) "Nominal GDP of a year is computed by multiplying price and quantity of that year."
Q: QUESTION 24 Jose's restaurant operates in a perfectly competitive market. At the point where…
A: Q24) "A perfectly competitive market maximize profits at a point where marginal revenue(or price)…
Q: “The legal sector has been among the fastest to race back to the office this year. Amid a rise in…
A: Corporate culture Corporate culture stands for attitude and practices that determine how the…
Q: There are several factors that influence money demand. Explain the effects of the following…
A: The desire to retain financial assets in the form of money, such as cash or bank deposits, rather…
Q: When considering the situation of a large financial firm that might be bailed out by the taxpayers,…
A: The principal-agent problem is contention in needs between the proprietor of a resource and the…
Q: Peter har this utility function 0,5 リ=x05 Where U is utility and x, and x, and the volume of goods 1…
A: "Consumer will buy commodities in order to maximize utility at a point where the ratio of marginal…
Q: No Cheating. Show the step-by-step solution. Shortcut answers will no longer be accepted. : . A city…
A: Given that; Initial amount of pump = $65,000 Selling price = $35000 Purchase price of replacement…
Q: Outline the basic elements of Friedman’s (1968) Natural Rate Hypothesis. Elaborate on output…
A:
Q: Explain the relationship between a forward contract and a swap.
A: Derivatives are financial instruments whose value is determined by one or more underlying…
Q: Q3) A) The demand and supply functions of a product is given as P=200 – 0.5Q and P = 100+0.5Q,…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Firm 1 has £10,000 to invest. Firm 2 offers Firm 1 the following proposal: invest £10,000now and get…
A: A technique that is used to assess the current worth of all future cash flows produced by a project,…
Q: Suppose that the only way to reduce pollution from paper production is to reduce output. The…
A: PLEASE FIND THE ANSWER BELOW. TAX: An amount of money that a government requires people to pay…
Q: 7. A firm's can sell higher quality products for more: P = 10 + 20 X, where X is the quality of the…
A: The expected profit is the likelihood of making a profit multiplied by the profit, while the…
Q: with or without irrigation. In western Kansas, corn can be grown in two ways Dryland farmers, who do…
A: "With many producers/sellers, the price charged is equal to the lowest/minimum of the long run…
Q: The marginal cost of supplying another unit of output of an electronic product on the internet is…
A: Marginal cost is the cost incurred on one additional unit produced as output
Q: Economics I know the answers are 21% 21% and $18,784,100 i just need to know how to get there. Month…
A: The marginal tax rate refer to the percentage of new revenue that must be subjected to taxation for…
Q: Profit maximizing condition in any market.
A: The process of ensuring the highest possible levels of both production and price are attained in…
Q: 2. Briefly explain four ways in which sellers can convince buyers that they are offering a product…
A: Following below mentioned are the four techniques to persuade a consumer that your product is of…
Q: When you are doing business with a foreign country, you need to remember that A. things important to…
A: The answer is - A. Things important to you might not matter in other countries.
Q: A rent-a-car company currently rents their cars out at the market price of £50 per day, with renters…
A: Complementary Goods:- A complementary good is one which helps to improve the quality of some other…
Q: 1. It is a kind of economic system that is paternal, kinship in nature. A. Traditional economic…
A: The economic system that is paternal, kinship in nature means the business is getting done by the…
Q: 21.How would the creation of an import quota affect the market for a good? A-Imported supply…
A: Note: We will answer one question as the exact one was not specified. Please resubmit a new question…
Q: A Machine costs ₱80,000 and an estimated life of 10 years with a salvage value of ₱5,000. What is…
A: Given The first cost of a machine P =80,000 Estimated life n=10 years Salvage value F =5000 We have…
Q: Two mutually exclusive alternatives are being considered for the environmental protection equipment…
A: Annual worth or AW is referred to as the easy way of understanding the annual amount, for instance,…
Q: Donald Company, a manufacturing company based in San Juan City, Philippines, purchased raw materials…
A: When foreign goods are bought and sold in foreign currency, there is often a foreign exchange risk…
Q: Question 1 of 20 A short-term savings strategy is most useful for people who want to: O A. withdraw…
A: There are different type sof investments in which an individual can invest his money to earn extra…
Q: Given the demand function for good x: Qx = 300 - 2Px + 3Py + 0.02Y, where price Px= 15, price Py =…
A: Ans. The income elasticity of demand is a ratio of the percentage change in quantity demanded of a…
Q: Find a maximum profit for a firm if its total revenue function is TR = 50Q - Q2 and its total cost…
A: Profit maximization occurs at the point where the Marginal revenue and Marginal cost are same.…
Q: Peter's Pipers producers plumbing pipe. The long-run total cost of Peter's pipes is LTC = 20,000q-…
A: LMC is the marginal cost which is the change in total cost by producing an additional unit of output…
Q: QUESTION 22 The total surplus in a market reaches its maximum when supply and demand are in…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
Q: does financial development facilitate the economic growth in a country? Explain 3 ways that…
A: Economic Growth refers to the process through which the economy improves in terms of welfare,…
Q: What is the effective cost of a combination of an 80% mortgage at 3% and a second mortgage (for 10%…
A: The interest rate is the quantity a lender costs a borrower and is a percent of the principal—the…
Q: Fill in the missing values for a, b and c. Units Total Marginal Average product of product product…
A: MP is the marginal product which is the change in total product by employing one more worker AP is…
Q: A firm has fixed costs of $100 at 10 units. If its variable costs at 15 units are $100, what must…
A: Total cost is the sum of Fixed cost and variable cost. Fixed cost remains same irrespective of…
Q: Question 2. Consider the following IS-LM model: C = 200 + 0.25YD I-150 +0.25Y-1000i G= 250 T 200…
A: W have C=200+0.25YD I=150+0.25Y-1000i G=250 T=200 Money demand: MPd=2Y-8000iMoney supply: MP=1600
Q: A P1,000 , 6% bond pays dividend semiannually and will be redeemed at 110% on June 21, 2022. It is…
A: Following are the given values: The annual yield on the bonds = 4% Redemption value = 110%
Q: "Product may be an idea, a physical entity or a service or any combination of the three." a.…
A: The process of economic production is an activity that is carried out under the supervision and…
Q: 3. The following is an interpretation of the rivalry between the United States (USA) and the Soviet…
A: Given pay off matrix of game
Q: Company Alpha produces its product in a perfectly competitive market that is in long-run…
A: We will answer the first question since the exact one was not specified. Please submit a new…
Q: QUESTI ON 16 Suppose that for a particular firm the only variable input into the production process…
A: Disclaimer :- as you posted multiple questions we are supposed to solve the first one only as per…
Q: 1- Refer to the information provided in Table1. The table sets out Sue's Surfboards' total product…
A: Average product is the output per worker and marginal product is the change in total product by…
Q: At times, the economy is subject to recessions at the same time that there is a financial crisis.…
A: Macroeconomics is a branch of economics dealing with performance, structure, behavior, and…
Q: Identify the stages of EU economic integration, and how Greece needs to escape its existing…
A: Economic integration is divided into seven stages, according to experts.
Q: Question 13 If the consumption function is given by C = ? (Y – T) and there is a tax cut of $200,…
A: Since you have posted multiple question, we will solve first question for you. If you want any…
Q: The following estimates (in $1000 units) have been developed for a security system upgrade at…
A: Benefit cost ratio shows the relation among relative cost and the benefit or advantage of the…
Q: closing case Megahertz Communications Established in 1982, U.K.-based Megahertz Communications…
A: Since you have posted multiple questions, we will solve first question for you. In case you want…
Q: QUESTION 1 When a product becomes more fashionable, what does happen in the market? a. Total surplus…
A: Q1.) "Total surplus is the sum of producer surplus and consumer surplus."
Q: Suppose the nominal median household income for a family of four in the United States was $24,118.00…
A: Real Income = CPI in base year / CPI in current year * 100
Q: 2.) Production, Inputs, and Cost: Building Blocks for Supply Analysis First, use the following…
A: Marginal revenue (MR) is the increase in revenue that results from the sale of one additional unit…
Q: NUM PLACE Total Population MALE FEMALE 1 Acambay de Ruíz Castañeda 67872 35255 32617 2 Acolman…
A: Total Population, population of Men and Women are given in the table 1 and Figure 1 has the graph…
Step by step
Solved in 3 steps
- A company's marginal costs for emission reduction (MAC) can be expressed as MAC = 2A, where A is abatement in tonnes. MAC is expressed in USD. Assume that the company's total emissions inthe starting position is 100 tons. a) Assume that the authorities now decide on a limit value which means that the company may not emit more than 30 tonnes. What is the total cost for the company to live up to this limit? b) A research team consisting of both ecologists and economists concludes that the marginal benefit (per tonne) of reducing emissions is constant and equal to USD 100. How high is the socio-economically optimal level of emissions (for the individual company) given thisinformation? c) Assume that a system for trading in emission rights is established. The company in question is allocated 30 emission rights (where each right corresponds to one tonne). If the price of emission rights is USD 120 (per tonne), will the company be a buyer or a seller of emission rights and if so, how many…Economics A plant has a marginal abatement cost given by MAC = 14 - 3E. Regulators impose an emissions standard limiting the plant to emitting only 2 units of emissions. How much will it cost the plant to comply with that standard?Given problem: The ore of a gold mine in the Mountain Province contains, on average, 0.5 grams of gold per ton. One method of processing costs $1,650 per ton and recovers 93% of the gold, while another method costs only $1,500 per ton and recovers 81% of the gold. If gold can be sold at $8,500 per gram, which method is better, and by how much? Consider the income and cost per ton of ore. Solve for the net receipt of each method. *Round off answer in 2 decimal places. Thank you
- A company produces and sells a consumer product and is ableto control the demand by varying the selling price. The approximate relationship between price and demand is p = 38+ (2,700/D) - (5000/D²) for D>1 The company is seeking to maximize its profit. The fixed cost is $1,000 and the variable cost is $ 40 per unit. What is the number of units that should be produced and sold each month to maximize profit? A 71 B 60 с 50 D 25A firm has a marginal emissions benefit of 100-0.5*E in each of 2 years, where E measures emissions in tons. The marginal cost of emissions to society is 75/ton. The discount rate is 10% and the marginal cost of emissions also grows at 10% per year. The government decides to give the firm permits to emit 50 tons of emissions per year, but allows the firm to "bank" or "borrow" permits across the two years so that this effectively acts as a 100 ton cap on emissions over 2 years. How much will the firm emit in each year? If all firms are identical to the one you analyze here, is the government issuing too many or too few emission permits relative to the efficient level? How do you know?If the price of gas is less than $1 per gallon, how many gallons of gas would be supplied per week? $5 Price of gas ($ per $4 gallon) $3 $2 $1 $0 0 5 10 25 15 20 30 35 Quantity of gas supplied per week (millions of gallons) 40
- Answer the 2nd bullet point only (Engineering Economics)I5 The world’s R/P ratio for oil has been approximately 50 years for the last two decades. Explain what this means and how it is possible that the R/P value has not significantly decreased despite continual production of the resource over the last two decades.Using the following assumptions calculate the marginal cost of both a simple cycle and combined cycle gas generator: Simple Cycle hear rate (GJ/MWh) 10 Simple Cycle Variable O&M ($/MWh) $3.50 Combined Cycle heat rate (GJ/MWh) 7 Combined Cycle Variable O&M ($/MWh) $5.00 Gas Price ($/GJ) $3.00 Tonnes of CO2 per GJ 0.051 Carbon Price ($/Tonne of CO2) $20.00 a) What is the variable cost of a simple cycle and combined cycle plant? b) What do the differences in variable cost suggest about each technology’s capacity factor? c) What would happen if carbon prices when to $170/tonne? d) How do you think a $170/tonne carbon price would impact electricity prices?
- In presence of external economies of scale, a country's industry with ______unit cost. cumulative output to date will experience a Ohigher; lower lower; lower Ohigher; higher higher; constantGiven the following information, what adjustment would be needed to account for the difference in the living area or the market condition between the subject property and the comparable property (choose the closest answer) Market Conditions Lot Size Adjustments Bath -0.50% (per month) Effective Age (Years) $1,000 (per year) Bedrooms $25,000 (per acre) Living Area (Sq. Ft) $45.00 (per sq. ft.) $1,250 (per bath) $3,000 (per bedroom)How many barrels can the first period consume before any User Cost occurs?