1) How much cheese 2) How much cheese is produced in Italy? is consumed in Italy?

Q: What is MARR and how do you choose it?

A: While making a decision to invest in a new project, the managers of companies do an analysis to…

Q: There is an economic impact to losing a customer. Describe 4 ways it can impact a company and if…

A: An person or corporation that purchases products or services from another firm is known as a…

Q: What are two guidelines the manager should keeo in mind with measuring the maginal cost correctly?

A: Marginal cost is the additional cost incurred by producing one additional unit of a product or…

Q: did you get 0.2Y?

A: The aggregate expenditure is the sum total of consumption, investment, government expenditures.

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: With the existence of a transaction cost of $90 which has to be split between the two that is $45…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: How does the Overnight Rate Target inuence interest rates throughout the economy? (A) The…

A: The overnight rate basically refers to the interest rate at which a depository institution (usually…

Q: Habit buying can be beneficial to consumers because (a) it result in paying lower prices for most…

A: The buying behavior of any customer depends on their habit , variety seeking, extended decision…

Q: Calculate forecast for the month 5 using 2 month moving average method. Month 1 2 3 Sales 10 12 13…

A: Using the 2 months simple moving average method, the sales forecast for the 5th month is  = (Sales…

Q: d C b a U 0 30 50 75 W 100

A: Step 1:I would rather win a gift card so I can get whatever I want; it would depend on the gift…

Q: 10. Understanding marginal and average tax rates Using the information provided on the income tax…

A: The marginal tax rate is the additional tax income due to a change in tax liability. The marginal…

Q: what are types of saving vehicles

A: Savings is the money left over after subtracting a person's consumption expenses from their…

Q: Sheryl's preferences for consumption and leisure can be expressed as U(C, L) = (C – 100) × (L– 40).…

A: We are given the following information- Sheryl's preference for consumption and leisure is expressed…

Q: allon) $2.20 $2.00 $1.80 $1.60 $1.40 $1.20 $1.00 D i. 300 400 500 600 700 800 Quantity of Gasoline…

A: Disclaimer :- since you asked multipart questions we are solving first 3 subparts as per given…

Q: IF DISTRIBUTORS GET 55 MILLION HOW VALUE CAPTURED IS 330 MILLION ?

A: When distributors receive 55 million, the value captured of 330 million can be understood through…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: You have 5 kids and work 2 jobs to help support your family. You work a day job from 8:00 am to 4:00…

A: Production possibility frontier is a graphical representation that shows different possible outcomes…

Q: may I also recieve help with iv to vi?

A: Price discrimination refers to the situation when the seller of a good is able to sell the same…

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: Since the property rights are with the tenants, the bar owners will compensate the tenants for the…

Q: where did 118.8 come from?

A: There is a slight mistake in the solution as per the solution given by the expert

Q: how  you know what c value to look a

A: A strategy is said to be dominating when choosing it provides better payoffs independent of the…

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: Since the transaction cost is missing and there is a predefined property right with the tenants,…

Q: Whats a problem customers face with LCD Panels Battery issues?

A: GIVEN   A problem customers face with LCD Panels Battery issues is

Normal and Inferior Goods

Understanding a normal good and an inferior good is important because it tells us what will happen to demand different products during booms and recessions.