Q: The required reserve ratio helps determine the amount of money banks can create
A: The loan is referred to the amount of money that the lender gives to the borrower and charge interes...
Q: Why shouldn’t every adult without a job be classified as part of the official unemployment rate? Wha...
A: Unemployment rate: The unemployment rate is a useful indication of underutilization of the labor sup...
Q: explain in your own words how several of theories connect for kids living in severely disadvantaged ...
A: Concentrated disadvantaged groups are underprivileged sections of society who live in certain areas....
Q: A population has a mean of 1398.25 and standard deviation of 246.85 17 The middle interval that ...
A: Given Population mean = 1398.25 Population standard deviation =246.85 99% Confidence interval = 1398...
Q: Is it beneficial for the country as a whole for individualU.S. states to compete with one another to...
A: Opportunity cost and consumers description: Consumers are supposed to make choices while buying good...
Q: If the central banks sells bonds in the open market, net exports will increase. Is the following st...
A: Open market operation:;- Open market operations (OMO) allude to the Central Banks practice of purc...
Q: An equipment costs ¥ 10,000 with a salvage value of ¥ 500 at the end of 10 years. Calculate the tota...
A: Given: The cost of equipment is = ¥ 10,000 Salvage value = ¥ 500 Interest rate is = 4% To Find: The...
Q: Question 4. Suppose that the bank of Canada uses money to buy bonds in financial markets during a re...
A: GIVEN Suppose that the bank of Canada uses money to buy bonds in financial markets during a recess...
Q: Joanne B. Ciulla: Exploitation of Need The myth of free choice in employment? Why it is a moral prob...
A: ▪︎The myth of free choice in employment =》To earn enough to pay the rent, it might appears to be tha...
Q: In 1938, major powers met in Munich to discuss Germany’s demands to annex part of Czechoslovakia. Le...
A: Given information 2 countries Allies and Germany Allies has 2 strategy compromise and fight Germany ...
Q: State whether the claim is true/false/uncertain and explain why. The explanation is the key part of ...
A: 7) A non-participant under a welfare system with a fixed payment and 100% taxback of any employment ...
Q: Use the information in the table below to calculate the value of the marginal product of labor (VMPĻ...
A: Value of marginal product of labor = Price * Marginal product of labor L MPL P VMPL 1 24 5 120 ...
Q: In the short run, a rise in the federal funds rate ________ the price level and ________ real GDP. ...
A: In the short run when the federal funds rate increase so investment falls and so does output and emp...
Q: A certain office equipment has a first cost of PhP 20,00 and has a salvage value of PhP 1,000 at the...
A: First Cost = 20,000 Salvage value = 1,000 Time period = 10
Q: 5) A remote island decides to create its own money using avocados. Considering the five useful benef...
A: Money is any object that is generally accepted as payment for goods and services and repayment of de...
Q: The MRT of hospital for roads from point C to B is Round-off to two decimals.
A: The marginal rate of transformation (MRT) is the number of units or amount of a good that must be fo...
Q: If we found that one manufacturer of televisions constantly was the first to announce any change in ...
A: It is an example of price leadership. because Price leadership describes a situation in which a domi...
Q: Which do you think welcomes or rejects globalization? Developed or undeveloped countries? Why?
A: Globalization refers to the process of integration among companies, government and people all over t...
Q: Price controls decrease the innovation rate for drugs but make existing drugs more affordable. True ...
A: In economics, price controls are government-imposed restrictions that ensure that goods and services...
Q: All of the following are elements in the structure of the Fed EXCEPT the O a. Executive Council to t...
A: "Elements which are included in the structure of FED are as follows: 1) Board of Governors 2) 12 Fed...
Q: . Consider allocations b-f (meaning points a, b, and f). Which allocations(s) A. are better for Ross...
A: When an allocation makes at least one individual better off without making another individual worse ...
Q: List and explain 3 factors of the wheat boom? List the benefits of the railways and explain how can ...
A: ▪︎The term "wheat boom" refers to the substantial growth in wheat production and exports that occurr...
Q: If P 10,000 is deposited each year for 9 years, how much annuity can a person get annually from the ...
A: In this question, there are two cash flows, One cash flow is when P10,000 is deposited each year-end...
Q: 1. Calculating inflation using a simple price index Consider a fictional price index, the College St...
A: Hi! Thank you for the question, As per the honor code, we are allowed to answer three sub-parts at a...
Q: Consider a product market with three consumers X, Y and Z with demand function QX = 6 – PX, QY = 3 –...
A:
Q: Q. 14.21 Two firms are competing in an oligopolistic industry. Firm 1, the larger of the two firms, ...
A: Oligopoly markets are characterised by a small number of suppliers dominating the market. They can b...
Q: Which is NOT true about globalization? A. Globalization has competing definitions and importance B. ...
A: Trade is defined as the exchange of commodities and services across the boundary of the country. In...
Q: Figure 5 Supply and demand curves for a normal good Figure 5 shows a supply (S,) and demand curve (D...
A: The Aggregate Demand curve shows the total quantity of all the goods and services demanded by the ec...
Q: 1. A passenger train was bought at Php 36000000 and will incur 1500000 of annual operation and maint...
A: Given, First Cost : Php 36000000Total n = 20Operating Cost for first 5 years : 1500000Operating Cos...
Q: b.) Governments are aware of the impact of Imports on their economy bu because they also want their ...
A: Six instrument of trade protection:- 1) Tariff:- Tariffs are among the earliest known instruments us...
Q: What is the equivalent annual cost in years 1 through 8 of a contract that has a first cost of $72,0...
A: Given: First Cost=$72000 Annual cost from Year 3-8=$16000 Interest rate=14%
Q: If government sets a price ceiling of $8 per unit in the market illustrated in the diagram, the resu...
A: A price ceiling is a government- or group-imposed price control, or limit, on how high a price is ch...
Q: 5. The aggregate supply curve is shifted rightward by an increase in tax rates. Answer: Reason:
A: Aggregate demand (AD) is the sum total amount of commodities and services demanded in an economy at ...
Q: Do you think that you could consume less by refusingto buy some of the things you regularly buy? If ...
A: Consumption refers to the process by which people spend their income on the purchase of goods and se...
Q: 2. Cross country comparisons of labor productivity. Show all work, LABEL carefully and NOTE UNITS.
A: Since the question you have posted consists of multiple parts, we will answer the first two question...
Q: Price £/unit H. D1 D2
A: The market is initially in equilibrium at the point I was given by the intersection point of the sup...
Q: Match the words from the list below to complete the following statement A firm will maximise by sele...
A: Marginal cost refers to the total costs which arise when the the quantity produced increases by one ...
Q: Find the marginal revenue function for the total revenue function given by 1 TR(Q) = 500Q- Find the ...
A: a)TR(Q)=500Q-13Q3Now,MR=∂TR∂QMR=∂(500Q-13Q3)∂QMR=500-33Q3-1MR=500-Q2
Q: QUESTION 6 The Solow growth model shows that O A. in the absence of productivity growth, economic gr...
A: The Solow growth model refers to one of the economic models that explains the economic growth in the...
Q: 1. Calculate the following questions with an interest rate of 11% per year, calculate the following ...
A: The present value of money indicates that the amount of money today is more valuable than the same a...
Q: If the Fed lowers the federal funds rate, the first effect in an AS/AD figure is a ________ shift of...
A:
Q: ak Creek company sold 55,500 units of afinity TV in 2019. The following year, the umber of Inifinity...
A: Income elasticity of demand depicts how much consumer responds with change in his income.
Q: Which of the following best describes where total surplus is maximized when an extemality exists in ...
A: Marginal social benefit refers to the benefit to the society from consumption of additional units wh...
Q: In buying a computer disc the buyer was offered the option of paying PhP 250 cash at the end of 30 d...
A: There is two time period involve here , 1st one is when 250 buyer pays in 30 days and when he pays i...
Q: Using the chart below, when is the value of marginal product of labor when 6 employees are hired? # ...
A: Given:When 6 employee is hired:MPL=9Price of output=$8
Q: QUESTION 2 The pandemic of Covid-19 has signifigantly effect the world economy and suppose our gover...
A: Taxes has been one of the important factors in establishing a fiscal policy and making sure people a...
Q: Beer bottles are filled so that they contain an average of 330 ml of beer in each bottle. The amount...
A: The probability that a randomly selected 6-pack of beer will have a mean amount less than 328 ml is:...
Q: If Im looking at an infinite period model and im told my dividend is always 0 at every period, would...
A: At the marketplace, dividend is the income for the stockholders of an organization.
Q: Problem Identification. Problem below. "Stressed because exam season and asked for fewer hours but...
A: There are a number of woes of time management at work. Failure in time management can result in imme...
Q: Given Cost and Revenue functions C(q)=q3−10q2+52q+5000 and R(q)=−3q2+2400q, what cost is incurred...
A: Marginal profit means for a unit change in quantity how much profit will change . It is the profit ...
Step by step
Solved in 3 steps with 1 images
- What will be the firms total profit?Questions 1-3 use the following case to determine a way to take a single product, like toilet and bundle it in such a way as to extract all of the profit at the time of the initial sale. You go to CostCo or Walmart and you see paper towel sold in a bundle and you wonder how the retailer can make any money. You do a little research and you find that the demand for paper towels is depicted by the following demand curve and marginal cost: P-$2.20 (1/10)*Q MR-$2.20 (2/10) Q МС 0.20 where P is the price of paper towels, MC is the marginal cost of paper towels, MR is the marginal revenue of paper towels and Q is the quantity of paper towels. So you decide to try two different pricing strategies: 1) sell one roll at a time and 2) use multi-part pricing to sell a bundle. For pricing strategy two, you determine that the quantity, price and profit are: Q 20, P $24.0, Profit $20 Q 10, P 1.20, Profit 10 Q 20, P $0.20, Profit 0 = Q 10, P $4.0, Profit $38 a. Q 10, P $4.0, Profit = $38 b. Q 10, P…Using the previous table, what is the profit maximizing level of output?
- How does a change in the response rate affect profit?What is the definite rule to maximize profit?Questions 1-3 use the following case to determine a way to take a single product, like toilet and bundle it in such a way as to extract all of the profit at the time of the initial sale. You go to CostCo or Walmart and you see paper towel sold in a bundle and you wonder how the retailer can make any money. You do a little research and you find that the demand for paper towels is depicted by the following demand curve and marginal cost: P=$2.20 (1/10)*Q MR-$2.20 (2/10)*Q MC 0.20 where P is the price of paper towels, MC is the marginal cost of paper towels, MR is the marginal revenue of paper towels and Q is the quantity of paper towels. So you decide to try two different pricing strategies: 1) sell one roll at a time and 2) use multipart pricing to sell a bundle. Given the results for the pricing strategies in problems 1 and 2, what is your pricing decision and why?
