2. Using your own words, explain the discouraged worker effect.

Q: I need help in solving this question because I'm not sure it's right?

A: The United State federal government passed the American Recovery and Reinvestment Act in 2009 was to…

Q: c. How much total consumer surplus will each of them receive at a price of $32?

A: Last parts C and d are answered below:

Q: The answers you provided are incorrect and incomplete.

A: A perfectly competitive firm is a price taker, which means it takes the price set by the market…

Q: What are the factors affecting a family's desire to have children? Discuss each.

A: Under development economics, we see there are a lot of factors that affect the decision to have…

Q: What will happen if you make the underground economy legal?

A: Underground economy is the economic activities which are beyond the reach of tax regulators and…

Q: Can someone answer more of the questions?

A: Disclaimer- “Since you have asked multiple question, we will solve the last three question of 1st…

Q: What happens if you make the underground economy legal?

A: Underground economy is the economic activities which are beyond the reach of tax regulators and…

Q: Name  ways one can improve their lives financially

A: 1. Have a emergency fund to cover 6 months of expenses.  2. Have a high savings rate.  3. Invest in…

Q: are needs that we learn during our lifetime. Multiple Choice Ethics Ideals Desires Wants Values

A: Individuals tend to have certain needs and want in order to live a life they tend to desire or wish…

Q: Which of the following is not something you need to consider when planning for retirement how much…

A: The consumption smoothing is an important concept in consumer behaviour where an individual…

Q: Give example of merit

A: Merit pay refers to performance-related pay which provides bonuses or base pay increases for…

Q: What reasons would you give if you were advising someone to study business?

A: Meaning of Economics: The term economics refers to the situation under which there remain…

Q: Based on the Customer Social Responsibility program, what are other areas that you think need…

A: Customer Social Responsibility program is a conscious business model aiming at making firms more…

Q: tina, a teenager, declined an invitation to have refreshments with her friends after Sunday School.…

A: Values are fundamental beliefs that guide or motivate behaviours or mentalities. They assist us in…

Q: Not all of the questions were answered I was wondering if the rest could be answered for me.

A: International trade is defined as all the economic transactions in between the Teo countries is…

Q: An agricultural seed company has an inverse demand given by: P 120 - 2Q, and a cost function…

A: Given- P=120-2Q-------------1 C =20Q We can calculate : Total Revenue (TR) = PXQ = 120Q - 2Q2 Now,…

Q: What's the answer I can't see it

A: Demand for good X with respect to good Y is cross-price elastic: With every 1% increase in the price…

Q: you have $84.25. you get additional money for mowing lawns. then you purchase a new pair of shoes…

A: Marginal revenue is defined as the additional revenue earned by an individual when he sells an…

Q: how does teen pregnancy affect or influence one’s personal & family health. how does it affect…

A: Teen pregnancy reduces certain amount of health of teen and family is concerned about it.

Q: Importance of rules in our society

A: Rules are guidelines that people living under a government must observe. Families and residents must…

Q: Has your educational experience in the U.S. prepared you for success in academics? What about…

A: Education: It refers to a process under which the individual gets a huge knowledge that help him to…

Q: Show working out and answer to h?

A: In this case, revenue generation of Tesco is given here. We have to show the evenly distributed…

Q: Select the good that doesn't belong to the same group. National defense Pollution control Public…

A: In economics, public goods are goods that are both non-excludable and non-rivalrous. Non-excludable…

Q: A pharmaceutical corporation has developed a unique new drug, making the company a monopoly. Demand…

A: For a monopoly, profit maximization occurs at the point where MR equals MC

Q: How should salespeople and their tasks be structured?

A: ​Sales people are the one who directly deals with the customers and persuade them to buy the goods…

Q: Question 2: Assume that apples are produced in a perfectly competitive market. Columbia's Orchard is…

A: a. In a competitive market the demand curve is the fixed at market price. That is, the price line is…