Define what is externality in detail.

Q: do fast.

A: Both consumer and producer bear the burden of tax Original cost paid by consumer per unit = $2.5…

Q: Elaborate with examples on the component of Business cycle of the economy

A: The business cycle, also known as the economic cycle, consists of four key phases: expansion, peak,…

Q: 2. The following data relate to the sales of a product over an eight-month period:Moth January…

A: First, we need to run a regression analysis using the given data. The dependent variable is Sales…

Q: Splitting up the value chain allows companies to take advantage of ____.   economies of…

A: The value chain is a business model that describes the full range of activities needed to create a…

Q: QUESTION 24 Country X can produce 10 cars or 20 computers per unit of labour, while Country Y can…

A: Country X has an absolute advantage in both car and computer production, as it can produce more of…

Q: Please show all steps to getting the answer and Do not give handwriting, Thanks!

A: Step 1: First, identify the profit-maximizing number of wireless minutes for each consumer High…

Q: Solve all three steps and don't use ai answer otherwise i will report

A: 1. The PPC (Production Possibilities Curve) shows the maximum combination of fish and coconuts that…

Q: The following graph shows the monthly demand and supply curves in the market for jackets. Use the…

A: Demand:The demand curve represents the quantities that consumers are willing and able to purchase at…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: Step 1: 1. Nitration: Benzene with fuming nitric acid and sulphuric acid gives nitrobenzene.2.…

Q: Using IS-LM framework, elaborate on the Mundell-Fleming key conclusions with appropriate graphe

A: 3. Under Fixed Exchange Rates: The government can use monetary policy to influence income, but it…

Q: Provide Correct answeR

A: In a two-person economy consisting of Amr and Badr, we analyze their production capabilities for two…

Q: Please dont use chatgpt, thank you..

A: Step 1: The Production Possibilities Frontier (PPF) is a graphical representation that shows the…

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A: Based on the regression output, here is a detailed analysis of the results:Coefficients Intercept…

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A: Given:mean square within MSW=36.87 To find the within-group sum of squares SSW, we need to compute…

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A: b)Higher interest rates increase the cost of borrowing for businesses and households. This can lead…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: 1. Identifying the Socially Optimal Level of Pollution M*: The socially optimal level of pollution…

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A: Labor Force Size:The labor force consists of individuals who are either employed or actively seeking…

Q: please show all steps to getting the answer! Thanks

A: The consumption function given is:C = $700 billion + 0.8YThis means that consumption (C) is…

Q: Hello, this is a microeconomics question. Please use a drawing of a relevant graph to explain how…

A: •Allocative efficiency is said to exist for a firm producing the output for which the price is equal…

Q: A perpetuity has payments at the end of each four-year period. The first payment at the end of four…

A: Step 1: Given that, First payment (P1) = $1 Increase in payment = $4 V4 = 0.79 Let S be the present…

Q: Subject: Engineering Economics Please write handwritten Answer And Explain Briefly Please don't…

A: Year 1:Beginning Book Value = Rs 45,000Depreciation Expense = Rs 9,000Accumulated Depreciation = Rs…

Q: Q4. Steel cable barriers in highway medians are a low cost way to improve traffic safety without…

A: To determine the rate of return (RoR) over a 10-year period for the given conditions, we'll work on…

Q: Give authentic answer to every part step by step and take a like

A: Approach to solving the question: Detailed explanation:

Q: The following questions are independent of each other: Samir consumes apples and bananas and is in…

A: StepsApproach to solving the question:Explanation:Since the marginal utility of an apple is higher…

Q: You work for a marketing firm that has just landed a contract with Run-of-the-Mills to help them…

A: The formula for calculating cross-price elasticity  is given as: percent change in quantity demanded…

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A: To determine the total percentage return for the Peruvian investor in both scenarios, we need to…

Q: Don't use AI and answer both parts

A: A funded social security system is one where the contributions from current workers (and their…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: P 0 = $1000 (P/A, 10%, 5) + $10,000 (P/F, 10%,15)+ $10,000 (P/F, 10%, 30)= $1000 (3.7908) + $10,000…

Q: Given the demand and supply system:Pb = 63 - 4 Qb & Pv = 3 + 2 Qv With a specific tax of T^ = 7…

A: To determine the change in consumer surplus due to a specific tax, we first need to find the…

Q: Subject : Engineering Economics Please write handwritten Answer

A: • Purchase Price of Machine = Rs. 50,000• Useful Life of Machine = 5 Years• Salvage value of machine…

Q: The United States is very large and very diverse in terms of economy. For example,someone would…

A: [2] The AD-AS Model, or Aggregate Demand-Aggregate Supply Model, can be used to illustrate the…

Q: Same table, what is inflation/deflation from 2019 to 2021 using the Deflator method? year Burkin Bag…

A: The deflator method is a way to measure the change in prices over time, or inflation. It is…

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A: Marginal cost refers to the extra cost incurred in producing one additional unit of a good or…

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A: Here's why the other options are less likely:Increased savings rates among households: While some…

Q: Consider the macroeconomic model shown below: C 150+0.50Y | = 100 G = 100 NX = 25 Y=C+I+G+ NX…

A: Given information: C = 150 + 0.5Y,I = 100,G = 100,NX = 25We are given the following table;     Let…

Q: Which of the following are examples of private property?   computers belonging to your college…

A: In economics, private property is a legal designation for the ownership of property by…

Q: do fast.

A: Without the actual graph, it's impossible to provide a specific answer. However, the general…

Q: What do you mean by the demand of a commodity?   a) Desire for the commodity   b) Need for the…

A: In economics, the term 'demand' refers to the quantity of a product or service that consumers are…

Q: Given the following diagram: Production Possibilities GRAPH Capital Goods 11 A B 10 9 8 E 7 6 5 4 3…

A: In conclusion, the production possibility frontier (PPF) graph effectively demonstrates the concept…

Q: Consider a Cournot duopoly, the firms face an (inverse) demand function: Pb = 530 - 17 Qb.The…

A: Referenceshttps://www.sciencedirect.com/science/article/pii/0022053187901098https://www.investopedia…

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A: Explanation of How the Questions Were Answered:Understanding the Consumer's Optimization Problem:The…

Q: As part of its expansionary fiscal measures, the government of South Africa through its finance…

A: When government spending increases, it directly contributes to aggregate demand (AD), leading to…

Q: What are the main types of economic systems? Don't use chatgpt or other ai tool. If you know…

A: Globally, economies come in a variety of forms. While they all have certain commonalities, each has…

Q: Subject: Engineering Economics Please write handwritten Answer And Explain Briefly Please don't…

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A: Thanks!

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A: Cushioning of the inflation, the relative prices become less variable, thus, market signals for…

Q: answer this This is a profit table for firm 1  and firm  2

A: First, let's analyze the profit table. If both firms set their price low, firm 1 will earn $5m/day…

Q: help please answer in text form with proper workings and explanation for each and every part and…

A: The provided problem entails examining the connection between savings, consumption, and disposable…

Q: The market supply curve is a vertical summation of individual supply curves.

A: The market supply curve is a macro economic concept which justifies individual producers on the…

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A: b. The retail industry period accounts for 8% of the total plastic waste of Australia's 8% industry.…