In Table 3.1, if the price were $2 the market would Table 3.1 Individual Demand and Supply Schedules. Quantity Demanded By: Price 4.00 3.00 2.00 1826 Ali Kelly Jessie Market 4 0 1 2 4 23 6 4 1.00 Quantity Supplied By: Price Andy Maria Jose Market 4.00 15 3.00 10 50 15 11 11 9 2.00 7 1.00 0 75 5 Be at equilibrium Experience a shortage of 12 units Experience a surplus of 2 units Experience a surplus of 25 units

Q: Pls help ASAP

A: Liability Loss from Uninsured Parked Trailer:  When a liability loss occurs due to an uninsured…

Q: Explain the nature and objective of the G20/OECD Principles. Briefly assess the six (6) G20/OECD…

A: The G20/OECD Principles of Corporate Governance represent a set of guidelines developed jointly by…

Q: None

A: Step 1: IntroductionIn this scenario, the factor market and the product market can be identified as…

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

A: a. Fiscal Restraint Desired:Following your formula and calculation, the fiscal restraint needed…

Q: please answer asap with steps

A: 1. What are the (approximate) substitution and income effects of this change in prices?Step 1:…

Q: Please give an explanation about the graph briefly according to your understanding based on the…

A: Step 1 Graph ExplanationAxes: The vertical axis (P) represents the price level, while the horizontal…

Q: Discuss the difficulties that Money Laundering, Terrorism Financing and/orProliferation Financing…

A: Key references: Davis, P. J. (2019). To return the funds at all: global anticorruption, forfeiture,…

Q: Give proper answer without photo answer and take a like

A: Modernization theory is a framework used to explain the process of economic and social development…

Q: Indicate whether the following policy statement is Fiscal or Monetary or Neither Increase income…

A: Fiscal policy is the use of government spending and taxation to influence the economy. Governments…

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

A: Given:DemandCurve:Q=60−PMarginalCost:MC=12Calculate profit maximizing output and price:Let's first…

Q: Freedonia has a comparative advantage in the production of production of ' , while Lamponia has a…

A: In economics, the concept of comparative advantage refers to the ability of a party (an individual,…

Q: The table below pertains to Pieway, an economy in which the typical consumer's basket consists of 15…

A: Given:Bushels of Peaches: 15Bushels of Pecans: 102012 Price of Peaches: $112012 Price of Pecans: $6…

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

A: Alice's Scenario:Given:Alice is willing to spend $30 on a pair of jeans.She has a coupon for $10…

Q: None

A: Detailed explanation:To determine the impact of a price floor set at $16, we need to find the…

Q: Resilience Soundtrack: Choose 7 songs that gives you strength, inspiration, and a renewed courage to…

A: The question is asking for a personal reflection on seven songs that provide strength, inspiration,…

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

A:

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

A: Marginal utility is additional utility gained after consuming an additional unit.It equal to the…

Q: None

A: If Anna gives up: Bess gets the ring with a payoff of CB, and Anna gets nothing.If Anna asserts…

Q: Don't use ai to answer I will report your answer Solve it Asap with explanation

A:

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

A: The Real GDP calculates the value of output of current year using base year prices. And as it's…

Q: None

A: Brainstorming may be encouraged through creating an environment where there is no criticism. The…

Q: Please provide steps by step answer with proper explanation with final answer

A: Let us assess each of the options provided: • Option A is a condition of binomial distribution…

Q: to talk about how the pandemic has changed the way that society views and does things (i.e. how…

A: **Service/Product for Differential Analysis: In-person Tutoring Services****Pre-Pandemic Service**:…

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

A: Step 1Equilibrium point  is a point where Demand function and supply function cut each…

Q: GO 3. The demand for a new budget television is given by Q-240-2P, where P is the price of a…

A: At equilibrium,QD = QS240 - 2P = 0.5P - 10240 + 10 = 0.5P + 2P250 = 2.5PP = 250/2.5P = 100 Q = 240 -…

Q: If there’s one national law you could change, what would it be?

A: The Resource Conservation and Recovery Act (RCRA), established in 1976, is the primary federal law…

Q: in text form with proper workings and explanation for each and every part and steps with concept and…

A: Detailed explanation:Given data:Game Theory Matrix: Disney Land Price LowDisney Land Price…

Q: Draw the following isoquants: a. In the production of chips, three machines and one person can…

A: 5-step explanation of the solution: Part (a): Production of ChipsStep 1: Identify the given…

Q: K Paul consumes only books and DVDs. At his current consumption bundle, his marginal utility from…

A: Thus, correct option is B. As discussed above PB​MUB​​<PD​MUD​​.. Hence he can increase or…

Q: Which option does not cause Economies of scale?       Specialization         High…

A: Economies of scale refer to the cost advantage that a business obtains due to expansion. As the…

Q: None

A: Step 1: Finding the saving functionThe saving function is derived from the consumption function and…

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

A: To calculate the consumer surplus for the given demand function P=Q+215​ when the market price   P…

Q: Please provide steps by step answer with proper explanation with final answer

A: To determine which country exports wine based on climate and natural resources, we need to consider…

Q: None

A: We are given thatU = 4.0 trillion (Government spending)V = 4.5 trillion ( Private Saving)W = 6.0…

Q: After the Global Financial Crisis, the demand for Poland’s and Latvia’s exports declined as aresult…

A: In the IS/LM/FX framework, the IS curve represents equilibrium in the goods market, the LM curve…

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

A: Option a: This option is incorrect because deflation refers to the decrease in the general price…

Q: THE NEXT TWO QUESTIONS ARE BASED ON THE FOLLOWING SITUATION: We have three voters and three…

A: (6) (b) II only.Here's why:Single-peaked preferences mean a voter has a most-preferred option (the…

Q: For Questions 2, 3, and 4, use the following table United States 2. Phones Oil 2023 Price $600/Phone…

A: Detailed explanation:2. To find the difference between nominal GDP growth and real GDP growth based…

Q: The account type is considered a liability. A. Fixed Assets Accounts Receivable B. C. Bank D.…

A: First part : Account payable are considered as liability since this is the money that you owed to…

Q: Please provide steps by step answer with proper explanation with final answer..... Don't use pepar…

A: In order to ascertain whether the suggested trade of 2.5 pounds of butter for 2 guns will be…

Q: Question 3. There is an election with 100 voters and 5 alternatives (A, B, C, D, and E). The voter…

A: Approach to solving the question:Detailed explanation:The answer is based on the given data.  Key…

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

A: explanation of how each question was answered:Part a) Deriving the Demand FunctionsFor each…

Q: What is the term for the difference between the value of a country's exports and the value of its…

A: Option a) Trade deficit: This option is incorrect because it refers specifically to the situation…

Q: Use the information below for a four sector economy, answer the following questions: C 300+0.6 Yd T…

A: Let's solve the given questions step by step based on the provided economic model.Given:Consumption…

Q: Chris P. Nugget runs a small fast-food chicken restaurant named "Poultrygeist.". He hires one…

A: Explicit costs are the direct, out-of-pocket payments made to others during the course of running a…

Q: In a two good two trader model, there are 1000 units of commodity-1 and 800 units of commodity-2.…

A: Explanation with DiagramTo explain the contract curve and competitive equilibrium, we can use an…

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

A: 1. The strategies are answering honestly or answering with a lie.Both are honest. Both receives…

Q: The following table shows how much wine and cloth can be produced in Canada and in Portugal with the…

A: Question 1 Calculate the opportunity cost of 1 barrel of wine in Canada -Opportunity cost =…

Q: 5. Consider the Solow growth model with no population growth and no tech- nology growth, i.e., n = x…

A: Detailed explanation:Step by step solution using the Solow growth model.5. To find the steady-state…

Q: Answer to 2 decimal digits

A: