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: Suppose that, in a competitive market without government regulations, the equilibrium price of donut...
A: Price control is of two types, i.e., price ceiling and price floor. A price ceiling is a maximum pri...
Q: What is the likelihood that firms would enter the market in the short run. (Use Covid 19 as a market...
A: The market condition during covid-19 has been considered uneven because lockdown has increased the b...
Q: how can we think the trade-off for the ole of service standardisation on market segmentation (i.e. h...
A: There will almost always be trade-offs when making a decision. Trade-offs can be defined as a compro...
Q: In the summer of 2018, you took a vacation and visited several destinations in France, including the...
A: The balance of trade, also known as the commercial balance or net exports, is the monetary value dif...
Q: You borrowed P10,000 and committed to pay back the entire principal plus interest of 3.25% per year ...
A: Given At present time, borrowed amount P=10,000 Rate of interest i=3.25% n=6
Q: - The assumption of profit maximization, where profit (t) is equal to the difference between total r...
A: The total revenue refers to the amount received by selling the total quantity of output. It is equal...
Q: Both the "cultural theory of poverty" and the "cultural system and poverty" argue that poverty is a ...
A: According to the culture of poverty theory, poverty is caused by people's values or cultural standar...
Q: Explanation is correctly
A: Mechanism design theory is a significant step forward in current economic understanding of instituti...
Q: uppose that a firm's marginal abatement cost function with existing technologies is MAC = 18 - 2E. ...
A: Given information: MACold=18-2EMACnew=9-E
Q: Now consider the economy in the steady state: The steady state is defined as a point in the long run...
A: Disclaimer: “Since you have asked multiple questions, we will solve the first question for you. If y...
Q: Which of the following product/s is/are originally native to the New World? OA. Wheat O B. Cattle OC...
A: Following are the 8 magic ingredients of the New World: Chili. Beans. Cacao. Tomatoes. Potatoes. Va...
Q: Price P2 P1 P3 Q2 Q1 Q3 Quantity Figure 6 Market supply and demand curves for wheat 1. Price [Adapte...
A: Here, the given graph shows market demand and market supply curves for wheat.
Q: 4. In inventory control, the time which elapse between placing an order and the arrival of the inven...
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any ...
Q: Suppose that the demand of pizzas is given by Qp = 250 – 2P and the supply by Qs = 50 + 3P. %3D %3D ...
A: Market for pizza will achieve its Equilibrium where demand and supply for pizza are equal at certain...
Q: From the table below, what can you infer is the market price? Value of the Marginal Product of Labor...
A: Answer: Value of marginal product of labor=market price×marginal product of labor Let us use any val...
Q: a) Graph her consumer choice model (with chicken onthe x axis. Nowlet price of chicl fall, causing L...
A: Two goods are considered in the market chicken and rice with price of chicken and rice denoted as Pc...
Q: Suppose that a firm's marginal abatement cost function with existing technologies is MAC = 16 - 2E....
A: A abatement cost is an expense borne by firms when they are expected to eliminate as well as diminis...
Q: Suppose that the economy is characterized by the following behavioral equations: C = 180 + 0.7YD /= ...
A: The equilibrium output in the economy is where the aggregate demand equals its aggregate supply. 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: A firm increases the price of a good from £4 to £5. As a result the quantity demanded falls from 200...
A: Price Elasticity of Demand is given by: {Percentage change in quantity demanded/percentage change in...
Q: Price £/unit 4. D Quantity 800 Figure 7 Demand curve for a firm in perfect competition A firm sellin...
A: Here, the given demand curve shows the demand for Sandwich in the perfectly competitive market with ...
Q: In this market, the equilibrium price is s per box, and the equilibrium quantity of oranges is milli...
A: At the equilibrium point, the demand and supply curves intersect each other. In this market, the eq...
Q: Mr. JCT is working a company providing 401(k) retirement plan. He contributed $6,000 to the plan thi...
A: To calculate your savings rate, divide your monthly savings by your monthly gross income, then multi...
Q: 14.6. Let us ignore mixed strategies. Asahi and Kirin are the two largest sellers of beer in Japan. ...
A: Note:- Since we can only answer up to three subparts, we'll answer first three. Please repost the qu...
Q: Phyllis went to the mall and saw a massage chair that she would have to take a loan out for P6500 to...
A: The loam amount is taken for buying the massage chair and bank will give loan at simple interest rat...
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 ...
Q: In which game does the US get a better outcome? Why? In the real world, what could the US do to make...
A: Given games Game 1 Game 2
Q: CHECKPOINT: What Does a War on Terrorism Really Mean? With the disappearance of the former Soviet Un...
A:
Q: Please draw two graphs The first graph showing the impact of higher corn prices on (consumers) expla...
A:
Q: A4
A: All parties in a general partnership share equal legal and financial liability. Individuals are pers...
Q: The ECU as a basket of currencies. What is the percentage/weight of the ECU's total value accounted ...
A: From the chart it is 5.4%. Yes, Since the value of each currency in ECU depends on its exchange rate...
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: Actual authority is the authoritya partner appears to have to third parties external to the partners...
A: In a market, when firms adopt different types of businesses, partnership is throne in which two or m...
Q: A3 help me solve this question without using tables in excel. An annual deposits of A1=$1,500 in a s...
A: First Series : Annual Deposits (From year 1 to 6 )= 1500 Deposit in year 9 = 3500 Withdrawal in ye...
Q: Suppose the value of house T periods from now will be equal to 80T. The rate of interest on he gover...
A: A lender charges a borrower an interest rate that is a percentage of the principal (the amount borro...
Q: When Matt is buying cards and toys (C, T), his preferences are well behaved and he is indifferent be...
A: So if the consumer has well behaved preference, his indifference curves are convex to the origin. (6...
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: The swimwear department's estinsated sales for the Summmer season were $300,000, with anticipated ma...
A: Given the information: Estimated sales = $800,000 Markdown anticipated = 15% Markdown = 15% of $8000...
Q: c) All governments have the purposes of establishing laws, providing order and security, protecting ...
A: As different products are manufactured, cost is initiated and process of business follow ups. Busine...
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: Considering the following statements, which one is true that represents a financial outflow from the...
A: A) Returns paid on U.S. investments in France When the return is paid on U.S investment in France th...
Q: Assume the supply and demand functions for your Math textbook are: p = -3*Qd + 48 p=(1/2)*Qs + 23 a)...
A: Disclaimer :- as you posted Multipart questions we only can solve first 3 questions only as per gui...
Q: Suppose a monopolist faces consumer demand given by P=400 - 20 with a constant marginal cost of $40 ...
A: Consumer Surplus is the distinction between the value that consumers pay and the value that they wil...
Q: From the given news article, if the average price of gasoline is P60.26 iter and there will be a P2....
A: Percentage change measures the change in value divided by the absolute value of the initial value.
Q: 1. What do you understand by Trade Creation and Trade Diversion? Which one is better for a country? ...
A: 1. The increase in economic welfare that results from joining a free trade area, such as a customs u...
Q: 3. ) Ball point pens are produced by a constant-cost industry made up of identical firms with standa...
A: Competition between firms generally occurs when the market consisted of multiple firms, The perfectl...
Q: A concrete pavement on a street would cost P 10,000 and would last for 5 years with negligible repai...
A: Given; Cost of concrete pavement= P10000Time; n= 5 yearsCost of removal of old surface=P1000Interest...
Q: businessman invests P 100,000 now. He is then to receive 2 payments of P 109,460 at the end of 3 ye...
A: PV = 100,000 Payment Received at year 3 = 109,460 Payment Received at year 6 = 109,460
Q: What is the total income received by the top quintile of this income distribution?
A: The top quintiles of the income distribution can be calculated by following these steps The first st...
Step by step
Solved in 2 steps with 1 images
- A bussinessman borrowed money to be paid in equal payments of php 490.00 at the end of every period for 7 years. if the interest rate is 8% compounded monthly, what is the total amount of the loana php 2500 is deposited for 6 years at the rates of 2% in the first to the third year, for the fourth year 5% and for the fifth and sixth year 6% all compounded continuously. What is the amount in total at the end of the 6 years?A man borrowed a sum of money and promised to pay annually for 8 years at an interest rate of 12% compounded annually. If the total interest for his debt will be ₱ 185,000 after 8 years, how much will his annual payments be?
- Engr Jeb loan an amount of Php 250,000 from a local bank at 10% compounded annually. Determine his monthly payment if he is required to pay at the beginning of the first day of the month for 30 years.You borrow $2,000 from Gougo’s, a well-known loan consolidation outfit. The loan is an “unbelievably low” 2.5% per month compounded monthly. You have 2 years to pay back the loan. a. What is the nominal interest rate? b. What is the effective interest rate? c. If you wait until the end of year 2 to pay it off in one lump sum, how much must you pay? Use the “period interest rate” approach. d. If you wait until the end of year 2 to pay it off in one lump sum, how much must you pay? Use the “effective interest rate” approach. e. Of your payment in parts (c) or (d), how much is interest? f. Suppose you make equal end-of-month payments. How much is the monthly amount?Vince loaned a certain amount from a cooperative and promised to pay it back with 2.33 times his original loaned amount. They agreed a nominal interest rate of 10.42 % compounded every 4 months every year for n years. How many n years before he pay all his loan with interest? Answer rounded off with two 2 decimal places.
- Engr. Dy deposited an amount of Php 9654.5 in a bank’s savings account with interest 6.4% compounded quarterly. What amount will he get at the end of 16 months?Mr. Cruz plans to deposit for the education of his 5 year old son, Php 5,000 at the end of each month for 10 years at 12% annual interest compounded monthly. What will be the amount available 11 years after his last deposit?How much should Engr. Cruz deposit now, if after 10 years, this will amount to Php 100,000. Interest rate is 12% compounded semiannually?
- A problem on the midterm exam asked you to calculate the monthly payment on a $15,000 car loan at an interest rate of 9% compounded monthly to be repaid over 60 months, where 9% is the nominal annual interest rate. Some students incorrectly used 9% as the monthly interest rate. A monthly interest rate of 9% is equivalent to what effective annual interest rate? (a) Effective annual interest rate = 9% (b) Effective annual interest rate = 9% per month x 12 months per year = 108% (c) Effective annual interest rate = 9% per month ÷ 12 months per year 0.75% (d) Effective annual interest rate = (1+ effective monthly rate)12 – 1 = (1.09)12 – 1 = 181%At age 20, a person deposits $355 in a saving account paying 1% interest compounded semiannually. How much money will be in the account 70 years later,when he is 90 years old?. Would his savings tripled in that time?.Find the present value of deferred annuity of 900 pesos every 3 months for 5 years that is deferred 3 years, if money is worth 10% compounded quarterly.