3. Is Bitcoin a long term viable solution to either: a. Replace reserve currencies. b. Hedge your own wealth against inflation. (store your money in BTC)

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 is the answer? I did everyone as directed and I cannot find the answer correctly.

A: High-low cost estimation is a simple but useful method in economics, cost accounting and finance for…

Q: Are options b through h correct or incorrect?

A: The question is asking about the possible reasons for which imports can be limited. Different…

Q: Why is this answer different to the other answers for the same question?

A: Cournot model is an economic model wherein contending firms pick an amount to create freely and all…

Q: What is Reasonable Doubt?

A: Uncertainty/Doubt of ordinary convictions or a structure of thought can likewise open up new bits of…

Q: I need to understand how to come up with the answers for the table. This explanation does not help…

A: Equation of a budget line is given by: Income = Px*X + Py*Y Where Px is the price of Good X and X is…

Q: I need to know where to start in Excel

A: Here is the process of setting up the Excel spreadsheet and creating the necessary charts with a…

Q: I asked this question but didn't receive a response. How do I answer this? I believe my answer is…

A:

Q: Please provide the answer of my question with explanation

A: Regression is a statistical technique used in the fields of finance, investing, and other subjects…

Q: I can't see the answer for question 2.

A: Here we have to draw 2 new production possibility frontiers.Shift in Production Possibility Curve: A…

Q: can i have an explanation for each answer

A: Total Cost: Total Cost is computed through the formula that is, Total Cost = Fixed Cost + Variable…

Q: Are options b through e correct or incorrect?

A: A price ceiling is the commanded most extreme amount a dealer is permitted to charge for a product.…

Q: Could you please give me full detailed answer?

A: A pizza company runs its business in a franchisee mode and has decided to conduct a $1 promotion for…

Q: Selecting a Bank: Veronica plans to open a checking account with her $1,200 tax refund check. She…

A: Monthly charges by a bank refer to the fees that customers are required to pay on a regular, usually…

Q: What is the solution to question 6? I really need help with that one.

A: The amount of gas the buyers would be willing to purchase would drop if it turned out that 50% of…

Q: Four examples of detailed letters of inquiry (about products or services)

A: Detailed explanation: Example 1: Inquiry about New Product[Your Name][Your Address][City, State, Zip…

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: Could you solve question D as well

A: The term "LM" stands for the Liquidity-Money Supply framework, an economic model that depicts the…

Q: Which of the following best describes why the Hours of Service Regulations were put into place? O To…

A: The driver test is important to ensure the safety of peope with having the all relevant information.…

Q: the answer was wrong

A: Probability hypothesis is the underpinning of factual science, giving a numerical method for…

Q: Hi, there. I need a clarification of question number 1, which choice is the best answer?

A: The supply curve will shift to the left whenever there is an increase in the cost of production.

Q: Why are newspapers, but not soft drinks, sold in vending machines that allow customers to take more…

A: Necessary good is a type of normal good that consumers buy regardless of the change of their income…