give some analysys on the graph Logarithmic series of the supply-demand gap and the spread under the double-track system in China’s natural gas market
Q: A company produces commercials. A 2-minute commercial, for example, needs exactly 5 minutes of…
A: Production function is used to explain how inputs and outputs relate to one another during the…
Q: Background question: Suppose there is a nonrenewable resource with inverse demand function p=…
A: Hotelling Rule: A principle stating that the optimal rate of extraction for a nonrenewable resource…
Q: What is the profit earned by Facebook? QUESTION 13 What is the deadweight loss, if Facebook acts as…
A: The monopoly market is described as a single market characterized by one buyer and seller. There is…
Q: 1/3 1/3 2. Earl sells lemonade in a competitive market on a busy street corner in Philadelphia. His…
A: Production function is the mathematical expression in economics that postulates the relationship…
Q: Consider an economy characterized by a Cobb-Douglas production function Y = Y = AK "L¹-a, with A =…
A: A production function:Is a function that shows the relationship between the input and output of the…
Q: If your economy is off the internal and external balance as point 2, you want to reach the internal…
A: It can be defined as a concept that shows how much currency of one nation is valuable in terms of…
Q: Consider the market for antique cars. The market price of each antique car is $140,000, and each…
A: Consumer surplus is the additional amount of utility that a consumer gets when they consume a…
Q: Relate housing costs to homelessness and use the graph as a reference.
A: From the data, it is apparent that cities with higher median rent levels, such as San Francisco, New…
Q: Financial markets have the basic function of assuring that domestic firms can attract more…
A: A financial market is a market where financial assets like stocks, bonds, etc. are exchanged between…
Q: Where does the 404 come from?
A: a) Determine the profit-maximizing output and price. A monopolist maximizes profit by producing the…
Q: Graph shows the cost and revenue Information for Shitotsu the monopolist. What are the levels of…
A: TR Maximization (Total Revenue Maximization):TR maximization refers to the goal of maximizing total…
Q: Consider the following table for a monopolist to answer the question. Quantity Price (P) Total…
A: Monopolistic competition market refers to that market where few firms provide similar products not…
Q: Suppose Qd=-44*P+869, Qs=35*P+17 for home and Qd*=-44*P+123, Qs*=35*P+39 for foreign. Further…
A: The demand and supply function in the home country is given as The demand and supply function in the…
Q: Suppose you have $400 and the inflation rate is 4 percent. In order to earn a real return of $20 on…
A: Real Interest rate = Nominal Interest rate - inflation rate
Q: An economy has the per-worker production function y = Akcx where y is output per worker and k is…
A: Solow growth model says that an economy can achieve a steady state of growth through a combination…
Q: The zone of tolerance refers to the area between customers' expectations regarding their desired…
A: The "zone of tolerance" is a range or area. This zone exists between what customers really want…
Q: he General Agreement on Tariffs and Trade (GATT) and its successor, the World Trade Organization…
A: A tariff is a tax forced by a government on goods and services imported from different nations. The…
Q: 25. A sale of bonds by the Federal Reserve money supply. A) raises; increases B) raises, reduces C)…
A: The supply of money is defined as the amount of money in the economy in total. It includes the…
Q: Suppose a price ceiling of P2 is imposed on the competitive market depicted in the figure. Which…
A: The price ceiling is the maximum price that can be charged to buyers. The seller cannot fix a price…
Q: Q1. What factors reduces the size of the simple spending multiplier?
A: The simple spending multiplier, often referred to in the context of Keynesian economics, is a…
Q: What kind of economic shock does the following statements represent? Short-term effects of rising…
A: An abrupt and unanticipated incident or situation that seriously impairs an economy's ability to…
Q: What are the economic advantages of housing homeless individuals and families?
A: Economic advantages are favorable economic outcomes and benefits that raise people's standard of…
Q: Consider a monopolist who sells its product in two distinct markets (and therefore can charge…
A: Third-degree price discrimination, also known as group pricing, occurs when a monopoly charges…
Q: Consider the following graph. The economy is currently at point D. Which point will the economy go…
A: Macroeconomic analysis provides a thorough picture of an economy's financial situation. It detects…
Q: 03. What price would be set by a regulatory body, were it intent on assuring allocative efficiency?…
A: A market achieve allocative efficiency when it produces at the intersection of demand and marginal…
Q: Which of the following is a difference between a monopoisticaly compettive market and a monopoly in…
A: Market structures are essential in economics because they influence the dynamics that govern…
Q: S2628 $ 44 40 36 32 24 20 16 12 4 0 Monopoly Firm A E C MC B 0 4 02. What is the maximum Total…
A: A monopoly firm is a single producer in the market and produces unique products. Due to this, the…
Q: Alex wants to measure the nominal 1998 GDP of $993 billion in 2008 dollars. From the data he…
A: Nominal GDP, also known as current-dollar GDP, is the total market value of all final goods and…
Q: Washing powders are often heavily advertised because -Consumers need to know the exact composition…
A: Goods like washing powder are goods of daily use (necessity) those have usually inelastic demand so…
Q: Identify a market failure in Trinidad and Tobago, identify the type of market failure and discuss…
A: In economics, a negative externality, also known as an external cost or spillover, occurs when an…
Q: QUESTION 2 Up Down * Player 1 No equilibrium exists Up In the game above, what is/are the sub-game…
A: Nash Equilibrium in economics is a famous game theory in which a player can get desired outcome by…
Q: (4) Assume that the market demand and cost of the Cournot Duopolists are P = 100 -0.5 (q +9₂),…
A: Profits are defined as the revenue earned over and above the cost that is incurred in production of…
Q: Customer: "If I purchase this product for $79.99 and two accessories for $9.99 and $7.00, how much…
A: A purchaser purchases one item for $79.99 and two accessories for $9.99 and $7.0.. The total cost of…
Q: Farmer Jones grows sugar. The total revenue, marginal revenue, total cost, and marginal cost of…
A: Profit is the amount that any firm earns after all the deductions, and is given by:
Q: Labor 1 2 3 4 5 TP (or q) 5 22 APL 6 5 The price of labor, w, is $210 per unit and the price at…
A: In the table, the total output is 5 when 1 labor is hired. The average product of the second labor…
Q: The demand for good X is given by x = 691-7 p. The good is sold by a monopolist with cost function…
A: 1. Determine the Demand FunctionThe demand function is given as x=691−7p, where x is the quantity…
Q: the personal income tax rate is 31%, the dividend income tax rate is 12% and the corporate tax rate…
A: Personal Income Tax Rate:Personal income tax is a tax levied on the income of individuals. The…
Q: $220 210 200 190 180 170 160 150 140 130 120 110 100 90 80 70 60 50 40 30 20 10 -MC -D - ATC MR 0 0…
A: Market structures are important in economics because they influence the dynamics governing resource…
Q: explain short run and long run cost of production analysis with graphs
A: This can be defined as a cost that shows the type of cost that an individual, business, or any other…
Q: The company manufactures game tables which are sold for $60 each. To produce each game table, the…
A: The term "net income effect" describes the influence that variations in sales and expenses have on a…
Q: If the graph represents current conditions in the economy, the Fed is likely to conduct: A B…
A: Monetary policy is done to control and manage the amount of money in circulation and interest rates…
Q: What effect is creation of a single market and a single currency within the EU likely to have on…
A: To establish a single market inside the European Union, obstacles to the unrestricted movement of…
Q: Question 19 Price level (GDP deflator, 2009-100) 8 8 8 8 8 130 120 110 100 LAS SAS X AD 15.0 15.5…
A: Long-run equilibrium is where the LRAS curve i.e. the verticle line and the aggregate demand curve…
Q: Assume that the gross domestic product is $6,000, personal disposal income is $5, 100, the…
A: National saving is the total saved money from people, businesses, and the government in a country.…
Q: The vertical distance between points A and B represents the tax in the market. 24 16 10 price $6 $…
A: A price ceiling is a price control measure by the government. The government decides the maximum…
Q: Suppose the inverse market demand function is p(q) = 10 + 125/q, p, q ≥ 1 and the market supply…
A: Inverse market demand equation: Market supply equation: The given demand equation shows that the…
Q: An economy has the per-worker production function y = Ak where y is output per worker and k is…
A: The solow growth model says that an economy can achieve a steady state of growth through a…
Q: The data in the table represents annual costs and revenue for Aurora’s Orchid Emporium. Aurora works…
A: Explicit cost can be defined as the cost which the firm pays to outsiders for using their factors of…
Q: Use the following table to answer the question. The table shows the prices and the quantities…
A: A consumer price index (CPI) is a price index, the price of a weighted average market basket of…
Q: (a) Assuming an economy is experiencing inflation, what are discretionary fiscal policy options that…
A: Macroeconomic analysis offers a comprehensive picture of an economy's financial landscape. It…
give some analysys on the graph Logarithmic series of the supply-
Step by step
Solved in 3 steps with 3 images
- Market equilibrium and disequilibrium The following graph shows the monthly demand and supply curves in the market for keyboards. Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. 05010015020025030035040045050080726456484032241680PRICE (Dollars per keyboard)QUANTITY (Keyboards)Demand Supply Graph Input Tool Market for Keyboards Price (Dollars per keyboard) Quantity Demanded (Keyboards) Quantity Supplied (Keyboards) The equilibrium price in this market is per keyboard, and the equilibrium quantity is keyboards bought and sold per month. Complete the following table by indicating at each price whether there is a shortage or surplus in the market, the amount of that shortage or surplus, and…The demand function for a product shifts from DD: p = – 0.47q + 188 to D´D´: p = – 0.47q + 164.5 Compute the horizontal and vertical shifts and write interpretive descriptions of these numbers.Read the following extract and answer the questions that follow:Big fuel price hikes announced for Wednesday, 29 Nov 2021The petrol price will be hiked by 81c a litre on Wednesday, while diesel will go up by between 72.5c a litre (0.05% sulphur) and 74.5c (0.005% sulphur), the department of mineral resources and energy announced. The latest price hike will push the price of petrol - currently around R19.50 a litre - to above R20 in Gauteng and other inland provinces. At the start of November, petrol prices were hiked by R1.21, while diesel increased by R1.48. Illuminating paraffin will go up by 42.2c/l, while the maximum LP Gas retail price will be increased by 183.00c/kg from 1 December. Local fuel prices are determined by international oil prices - as well as the dollarrand value, as South Africa buys oil in dollar. The latest fuel price hikes are due in large part to a sharp fall in the rand against the dollar, which averaged at R15.85/$ over the past month, compared to R14.72 the…
- Analysts say that the increase in gasoline prices comes a drop in SUV sales and trade-in values at dealerships.The U.S. Department of energy said that during the past week, U.S. gasoline topped $3 a gallon - the highest level since October 2008. According to Alec Gutierrez,lead analyst for vehicle evaluation at Kelley Blue Book, SUV sales have decreased about 1 percent since the last major gasoline price hike in spring 2008. He doesn't believe that SUV sales will decrease significantly unless prices reach $3.50 to $4 per gallon. if a gasoline price hike of 5 percent caused the SUV sales drop described, what is the cross-price elasticity of demand between gasoline and SUVs?Hi I was wondering if the table below matches the article. Graph # Graph Name Halloween Costume Pe Increase Q ∆ in D Increase ∆ in Qd Increase ∆ in S Decrese ∆ Qs ? The world’s leading industry source of Halloween costumes is announcing that stores across the United States are running out of inventory less than two weeks before the Oct. 31 holiday amid an ongoing supply chain crisis. The nonprofit Halloween & Costume Association (HCA), a U.S.-based trade group that represents more than 30 costume companies with more than $3 billion in cumulative sales, reports that the “Halloween costume crisis of 2021” already has caused vendors nationwide to run out of the most coveted costumes. “We’re seeing mass shortages in some of the largest U.S. retailers like Target, more than we’ve seen in a very long time,” HCA Chairman Gregor Lawson told The Washington Times. “Several of our members have stock sitting on boats because of the backlog of…Connect assignment O es Use the following information to draw aggregate demand (AD) and aggregate supply (AS) curves on the following graph. Output Demanded (Aggregate Demand) Output Supplied (Aggregate Demand) Price Level 600 100 Price Level (average price) Instructions: Use the tools provided 'AD' and 'AS' to plot the aggregate demand (AD) and aggregate supply (AS) curves. Plot only the endpoints of each line (plot 2 points for each line-4 points total). Both curves are assumed to be straight lines. 900 800 700 600 500 400 300 200 100 0 0 $700 100 Aggregate Supply and Demand 200 $800 100 900 900 900 900 90 900 900 700 Real Output (quantity per year) Instructions: Enter your response as a whole number. a. What is the equilibrium price level? $ Tools AD D AS e b. What curve (AD or AS) would have shifted if a new equilibrium were to occur at an output level of 600 and a price level of $600? O AS would have shifted to the right. O AS would have shifted to the left. O AD would have…
- Synchronized shift in greater demand and greater supply, a graph only.Aggregate Supply Aggregate Demand Price Level rGDP Price level rGDP 115 620 100 660 640 120 110 650 125 660 640 120 130 680 130 630 140 700 140 620 150 712 150 610 160 722 160 600 170 730 170 590 You may find the “Centauri 2112" Excel file useful in your efforts. The AI that runs your actuarial department has calculated that, at any price level, Centauri's aggregate demand has the equation AD = 0.75(Y – T) + G, where Y is real GDP, T is total taxes, I is investment and G is government spending. Everything is measured in billions of 2099 Cents (denoted C). The government reports that taxes are T = 60 and government expenditures are G = 205. a) By how much will a 10-Cent decrease in taxes T increase Aggregate Demand? b) By how much will a 10-Cent increase in government spending G increase Aggregate Demand?. c) Which policy is a more effective way to change Aggregate Demand? d) Determine a policy that will return the Centauri economy to its long-run equilibrium. That is, figure out a…Summarize this While the major economies slid into recession and industries suffered great losses to the COVID-19 pandemic, E-commerce sales saw explosive growth. In this rapid movement of consumers to online purchasing and delivery services, there has been a large increase in the demand for packaging materials, such as cardboard boxes. Supporting this, Parcel Shipping Index by Pitney Bowes Inc. (2020) finds global parcel volume exceeding 131 billion, a 27% increase from 2019. Corrugated cardboards are largely and versatilely used for secondary packaging of goods, up to the tertiary packaging of large packs into mass cargo (Saxon Packaging, 2020). In addition to its relatively low cost, its strength and durability are also remarkable in protecting a variety of products from damage, notably during the shipment process. Given this, businesses have been largely reliant on the material as a practical, secure, and sustainable way of containing their products from production centers to…
- Market Equilibrium, disequilibrium, Floor and Ceiling Prices, CS, PS, DWLBased on the following functions, compute for the:Demand: P = 1200 – 4QSupply : P = 655 + 2Q Draw the graph for items (2-3) Compute for eQ Compute for ePAccording to the video, how are transaction demand and asset demand graphed? Multiple Choice О Transaction demand and asset demand are both downward-sloping lines. Transaction demand and asset demand are both vertical lines. О Transaction demand is a downward-sloping line, while asset demand is a vertical line. О Transaction demand is a vertical line, while asset demand is a downward-sloping line.Variables typically included in a multivariate supply function (other than the price and quantity of the item the supply function represents) are prices of other goods that use similar input resources for production, expectations, the number of suppliers, techniques of production, taxes and subsidies, and prices of input resources, weather. Please answer the following questions about the affect changes in other variables might have on the supply of the item. These changes will either cause supply to increase (shift right) or decrease (shift left). Use either word as applicable, for the short answer. If there is an increase in the number of producers of the item being considered, then the supply of it is likely to: A tariff is a form of trade restriction (that behaves much like a tax). Suppose the United States removes a high tariff on imported broccoli that had been in effect for a long time. How should this affect the supply of imported broccoli? A decrease in a…
