Define Bornu
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A: The business cycle in economics is defined as in general the number of fluctuations in the basic…
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A: Explicit cost is the is the actual money expenditure on inputs or payments made to outside for…
Q: ii) What is the role of A in Y.
A: Total factor productivity (TFP) is a productivity indicator computed by dividing total production…
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Q: The production possibilities curve represents the maximum combination of goos and services that can…
A: In business analysis, the production possibility curve (PPC) represents the possible quantities…
Q: 5. Shifts in the Aggregate Supply Curves a. List and discuss the things that will make the Short Run…
A: At each price level, the aggregate supply curve depicts the entire amount of production and real GDP…
Q: 10. 3-4: Change in QS Versus S *3* The Kreamy Krisp Donut Company has an upward-sloping supply curve…
A: A change in supply is a shift in the entire supply curve. and this shift in supply occurs when the…
Q: QUESTION 3 An increase in the price of a good will O a. decrease supply. b. decrease quantity…
A: When price increases (decreases), as per law of supply, quantity supplied will increase (decrease),…
Q: Need fully correct solution for this asap. I'll rate positive for Correct solution.
A: The Federal Reserve is the central bank of the United States. The Federal Reserve regulates the…
Q: If a bank has $30,000,000 in deposits, excess reserves of $2,000,000, and required reserves of…
A: Given deposits = 30,000,000 Excess reserves = 2,000,000 Required reserves = 1,500,000
Q: Define FATF ?
A: FATF was established in 1989 to lay forth guidelines for combating money laundering. Since then, the…
Q: 1. Assume that human capital skills from education decay over time because the knowledge gained by…
A: Production costs allude to the costs a company causes from manufacturing an item or offering a…
Q: 10 Can you help me solve this question? Thanks.
A: In economics, the relationship between price and quantity demanded helps to understand the type of…
Q: Question 37 When an entrepreneur engages in mimickry, the market most nearly approximates O…
A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Does Income Inequality Impair the American Dream?
A: Income inequality: It means uneven distribution of income throughout the population.
Q: Firm änd Market In this exercise and the next, we compare a perfectly com etitive market to a…
A: The firm, has Tc = 90+2.5q2 P= 60-1/2Q
Q: I need help woth all parts of number 5
A: a.The tax imposes on the tourists who reside in any one of the hotel rooms of the M economy. This…
Q: Before 1700 per capita GDP across countries differed by a factor of: a. 1 d. 50 b. 2-3 e. C. 10 100.…
A: Introduction GDP is the total goods and services produced in an economy at market prices. Economic…
Q: Proposed Regressive Plan 40% on income up to $25,000 30% on income between $25,000 and $34,000 25%…
A: Here we are given the income tax structure, using that we solve the given questions.
Q: Suppose the total production is 1200 bushels of corn and 1000 tons of steel. Then, • the US is…
A: Opportunity cost is the cost incurred when one good has to be given up for the production of another…
Q: 33. If the average fuel cost is $1.35 per gallon, then the annual fuel cost of driving a car 15,000…
A: Since you have posted a question with multiple sub-parts, we will solve the first three subparts for…
Q: Explain he differences between the Ohlin and Leontif theory on factor abundance
A: Business varies from country to country and can be of many types. For example in construction…
Q: I don't know if I'm doing right
A: You are doing it correctly Equations for per unit opportunity cost for alternative productions will…
Q: 2. Assume a Hawk -Dove game with the following payoff matrix, where the first entry is Animal A's…
A: Nash equilibrium is the point of a game corresponding to which each participant optimizes his…
Q: Jose has a job making furniture. He is paid $40,000 a year. He is thinking about quiting his job to…
A: "Since you have asked multiple questions, we will solve first question for you .. you want any…
Q: P: 500 QS: 500 P: 600 QS: 300 500-600=-100/600=|-0.1667|x 100= 16.667 500-300=200/300=|0.6667|x 100=…
A: Price elasticity of demand is denoted by Ed and is given by Given: P1 = 500, P2 = 600 Q1 = 500, Q2…
Q: w = 40, r = 40, AFC = 0.2 and ATC = 4.2. Based on this information, what is the firm's average…
A: In the short run, capital is fixed and labor can vary. So, money spent on capital is a fixed cost.…
Q: Is deprivation a relative measure?
A: Deprivation can be both absolute and relative deprivation.
Q: Assume there are no taxes. The equation for the consumption function is given to be: C = 100 +…
A: It is known that al the money that is earned is either consumed or saved. In other words, Y=C+S…
Q: hould Happiness be used as a measure of poverty also.Why or why not?
A: Happiness, or subjective well-being, can be a useful measure of poverty in addition to more…
Q: The economic researcher defined the consumption function as follow: C= $600 billion + 0.9Y, a. What…
A: As per guidelines we can solve only first three sub-parts for you if you want another answer please…
Q: For each quantity of tutoring sessions he could give, fill in the Total Revenue column in the…
A: An individual’s willingness to pay for each unit of the quantity he or she wishes to consume is…
Q: What is problem of origin sins?
A: Original sin can be defined as terms in economics books, proposed by Barry Eichengreen, Ricardo…
Q: В.1. a) A profit-maximising firm faces a downward-sloping demand curve for its output and has…
A: To make the most money, a corporation must function in a condition where marginal income and…
Q: and mixed goods
A: Goods are items which satisfy human wants and tend to provide utility.For instance, a consumer in…
Q: How do answers A and B differ?
A: In this case, we see the term average cost of a firm where average cost is actually getting by…
Q: 4(a) Demetra is an agncultural consultant and can choose how many hours to work. Last year she…
A: Minimum wages implies the lowest amount that an employer is legally allowed to pay an employee for…
Q: uppose the economy goes from a point on its production possibilities frontier (PPF) to a po O a. a…
A: PPF shows the different combinations of two goods that can be produced with available resources.
Q: We have the following information for an economy. All values are in billion dollars. Output (Income)…
A: The planned aggregate expenditure is the sum of planned consumption expenditure, planned investment…
Q: Consider two firms with the following marginal abatement costs (MAC) as a function of emissions (E):…
A: MAC1 = 18-2E1 MAC2 = 12-E2 MED = 0.5(E1+E2)
Q: In comparing alternatives I and J by the present worth method, the equation that yields the present…
A: The correct answer is given in the second step.
Q: Consider the imaginary economy of Meekerton and the market for meekies, a hypothetical good. Without…
A: International trade refers to the exchange of goods and services between different countries of the…
Q: I need help for these questions l.
A: Based on this model, households earn income when firms purchase factors of production in the market…
Define Bornu
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