During the 2011 earthquake near Sendai, Japan observers reportedly saw water and mud bubbling up out of the ground. Which is the best explanation for this phenomenon?

Q: Questions attempted 2/38 26 of 38 " Germany has a comparative advantage over England in the…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: otal cost is equal to average cost times marginal cost. a. True O b. False

A: Answer - True Total cost is equal to average cost times marginal cost.   Explanation Total cost is…

Q: ook WAP Employment Unemployment Unemployment rate 2.23% 2,190, 348 Labor force Labor force…

A: Unemployment rate = [Unemployed / Labor force] * 100 Labor force = Employed + Unemployed Labor force…

Q: Suppose that at 500 units of output, marginal revenue is $9, marginal cost is $6, and average total…

A: In economics, understanding the relationship between marginal revenue (MR), marginal cost (MC), and…

Q: If the multiplier is 5 and government expenditures increase by $200 billic OA) AD shifts left by…

A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you…

Q: It is common for supermarkets to carry both generic (store-label) and brand-name (producer-label)…

A: The best affordable choice for a buyer is on a point that lies on the budget constraint at which it…

Q: Question 2. An economy exists for only two periods, and the government wishes to maximize the…

A: Utility function for two time periods :  U(c1 , c2 ) = b0 ln (c1) + b1 ln (c2)       (Beta is taken…

Q: At the new fishing quota, what is the quota rent per pound of Bluefin tuna? Suppose the average…

A: Economic rent refers to the price different between he demand and supply at the particular level of…

Q: nation export? Shoes 500 225 150 A) 0 B) 125 175 200 300 U₂ Computers U₁

A: International trade refers to economic relations between the countries. In the international trade,…

Q: The economy of Morin is shown in the figure below. The Economy of Morin Price Level 170 150 130 110…

A: Real GDP is the value of the output produced over a period. This may be in a quarter or a year. It…

Q: The following graph displays four demand curves (LL, MM, NN, and 00) that intersect at point A. 100…

A: Perfectly Elastic demand = change in quantity demanded due to change in price is large. It is a…

Q: Directions: Label the different parts of the supply curve below. Increase in supply Quantity of…

A: Supply curve is upward sloping curve which shows positive relation between price and quantity…

Q: can you draw that IC that corresponds to the problem please

A: The IC curve shows the combination of two goods in the market that satisfy their want and give equal…

Q: Suppose there are 4,750 people in the labor force. 420 workers are employed full time but were…

A: Unemployment refers to the state of a person or individual who is actively looking for job or work…

Q: Which of the following statements(s) are correct with regard to factors affecting the elasticity of…

A: The issue requires evaluating statements connected with factors that influence the elasticity of…

Q: Answer the attached question

A: Price elasticity of demand is the tool for a producer to analyze the consumers' response when there…

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: 27 Refer to the following table. Fill in the table and answer the following question: What is the…

A: Utility is an economic concept which explains the satisfaction obtained by a consumer when he…

Q: Question is attahed in image

A: The labor force participation rate is the rate of the total labor force available in the adult…

Q: Time Period at higher wages, more workers will seek to enter the industry, thereby adding to the…

A: The equilibrium wage rate is determined where the demand and supply for labor are equal. The wage…

Q: The next four questions refer to the following table showing a monopolist's demand schedule: Price…

A: A monopolist refers to a single seller or producer dominating an entire market for a particular…

Q: Answer the attached question

A:

Q: (1) What sum must be loaned at 8 percent simple interest to earn $350 in 4 years? Ans. $1093.75

A: We have to calculate the loaned amount which can earn $350 in 4 years at an interest rate 8%. Since…

Q: The average level of Social Security benefits for retirees aged 67 and above is adjusted upward each…

A: The question pertains to the mechanism through which Social Security benefits for retirees are…

Q: You want to estimate the price elasticity of demand for pizza at the restaurant you manage. In…

A: Elasticity of demand measures the responsiveness of quantity demanded to changes in price.

Q: The cash flows associated with a public-school building repair project are as follows: costs…

A: Given: Benefit=$600,000 Disbenefits=$90000 Costs=$550,000

Q: Suppose the government has imposed a price floor on the market for soybeans. Which of the following…

A: Price floor is minimum price that must be paid for the good. It is binding when it is set above the…

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A: The objective of the question is to understand the concepts of rival and non-rival goods in…

Q: Once a monopoly has determined how much it produces, it will charge a price that OA) is determined…

A: In economic theory, a monopoly's pricing decisions are unique due to its market power. Understanding…

Q: 3. U=x2/³/5, price of x = $6, price of y = $3, Utility = 1900. (Round quantities to the nearest…

A: The cost minimisation aims at minimising the total expenditure of  the consumer while achieving the…

Q: Answer the attached question

A: Substitutes goods are used in place of each other while complement goods are used together.

Q: 6. A firm has estimated that the fixed costs of operations for a new product at $2,000,000 per year.…

A: Answer: Given, Fixed cost (FC)=$2,000,000Variable cost per unit=$250 per unitPrice of the product…

Q: The following statements give some information about six firms. a. Coca-Cola cuts its price below…

A: A monopoly is a market structure characterized by a single seller dominating the entire market for a…

Q: Rent (per month) $1,400 $1,300 $1,200 $1,100 $1,000 $900 $800 $700 $600 60 70 80 Post-hurricane…

A: DISCLAIMER  “Since you have asked multiple questions, we will solve the first three subparts for…

Q: The primary cause of high inflation or hyperinflation is A a continuing decline in velocity.

A: Hyperinflation is a situation when the general price level of goods and services in an economy rises…