ophia has decided to start her own business. In doing so she refused an offer to work at the Central Bank which would pay a salary of $200,000 annually. Last year she earned a total revenue of $150,000. Rent and utilities last year were $60,000. Her assistantʹs salary is $50,000 annually. Her total explicit and implicit costs are

Q: Demand for a certain product is given by the function P_d=40Q_d+3, and supply of a product, by the…

A: Determining the Producer SurplusTo calculate the producer surplus, we need to find the area between…

Q: None

A: To begin, let's have a look at some terms:The term "required reserves" refers to the sum of money…

Q: imagine that the market supply of peaches comes from Georgia (GA) and South Carolina (SC). The table…

A:

Q: What does it mean in a monopolistically competitive market, when the rule for maximizing profit is…

A: The question is asking about the rule for maximizing profit in a monopolistically competitive…

Q: Identify equilibrium on the graph.  How much would the individual seller be willing to supply at a…

A: The equilibrium Price = $2.25The equilibrium Quantity = 25 units  The individual seller be willing…

Q: Within a monopolistically competitive industry, it would be expected that Group of answer choices…

A: The objective of the question is to understand the expected behavior of firms in a monopolistically…

Q: Congress may declare war Group of answer choices With approval by a two-thirds (2/3) margin in both…

A: Detailed explanation:Correct answer: d. Both "a" and "c"Why?Two procedures are available to Congress…

Q: 7. Marginal propensity to import and net exports The following graph shows net exports for a…

A: Q7) net exports is difference between the Exports and import, Exports are assumed to be fixed/…

Q: The young and great expert Hand written solution is not allowed

A: To determine the economic service life and the respective present worth (AW), we'll calculate the…

Q: Given the following income data, please answer the questions below: Real GDPConsumption…

A: kindly see this attachment to better understand.

Q: The Beauty of an expert Hand written solution is not allowed.

A: Interest Rate Gap and Duration Gap are two crucial concepts in risk management for banks,…

Q: 9. Use of discretionary policy to stabilize the economy Should the government use monetary and…

A: The contractionary policy must be used as economy is experiencing expansionary gap. It will shift…

Q: Draw an IS-LM model in general equilibrium. Show the effect of anincrease in marginal product of…

A: Within the context of an economy, the IS-LM model is a graphical representation of the link that…

Q: Give proper explanation of the correct option and proper explanation of the incorrect options

A: According to the graph and question, the correct policy to help eliminate the inflationary gap would…

Q: I 16. JR Industries has a bond outstanding with 30 years to maturity, an 6.0% nominal coupon,…

A: Prepare the schedule of cash payments for merchandise purchases using Excel as follows:Formula…

Q: It is mandatory to give a step by step explanation of the given question.

A: 1. Inverse demand function: P(Q) = A - bQ 2. Individual firm's profit: πi = P(Q)qi - C(qi)…

Q: D Question 25 Refer to the accompanying graph Price G 4 E Q F 8182 D₂ D₁ Quantity The market is…

A: The objective of the question is to understand the impact of a government subsidy on a market with a…

Q: Suppose that the reserve requirement is 8%, the excess reserves to deposit ratio is 0.51, and the…

A: The money multiplier is a concept in monetary economics that describes the maximum limit to which…

Q: Describe the top ten communication skills that business leaders search for? Explain.

A: Communication skills are crucial for business leaders, as they are responsible for conveying ideas,…

Q: Describe in detail the costs of unemployment. Include a definition of Okun’s Law.

A: Significant financial costs associated with unemployment have an impact on both people and…

Q: Give explanation answer step by step and take a like

A: Sure, I can help you solve this economics problem. The scenario described is that you have a budget…

Q: 2. Money supply, money demand, and adjustment to monetary equilibrium The following table gives the…

A: Referenceshttps://www.investopedia.com/terms/l/law-of-supply-demand.asphttps://www.investopedia.com/…

Q: Please answer all Parts! Three options are under review for controlling neighborhood flooding during…

A: Step 1:Definition:Demange cost(D): the expected annual demage cost if no intervention is…

Q: Directions: Answer the following questions using COMPLETE sentences. 1. Draw the circular flow of…

A: 1.In the circular flow model, the economy is simplified into two sectors: households and…

Q: The super powerful expert Hand written solution is not allowed No answer from Chat GPT please

A:

Q: None

A: The calculation of the new exchange rate \( E \) when the domestic interest rate decreases from 6%…

Q: provide A and B both answer with explanation

A: In the image, there's a multiple-choice question asking about a shortcoming of using real gross…

Q: Please give exact answer to every part step by step and take a like

A:

Q: 10. Crowding out effect Suppose economists observe that an increase in government spending of $13…

A: given: Increase in government spending: 13 billionincrease in total demand for goods and services:…

Q: 4. Picking a Quality Level Suppose dwelling quality is measured on a scale of 1 to 10, and the…

A:

Q: ook Refer to the following table for Waxwania: Government Expenditures, G $ 170 Tax Revenues, T Real…

A: Let Y represent the Real GDP. Step 1:a.The marginal tax rate (MTR) is calculated as; MTR…

Q: Which of the following generate the type of externality previously described? Check all that apply.…

A: Externalities are the effects that a choice or activity has on a third party who is not directly…

Q: what is borrowing constraint and resale constraint in term of banking exoalin with example in real…

A: Borrowing constraints and resale constraints are critical concepts in banking and finance, affecting…

Q: Please help me with this question

A:

Q: please answer in text form and in proper format answer with must explanation , calculation for each…

A: a)Step 1:Create a table like this  Step 2: Solve for linear regression equation.From the table…

Q: Based on the table below, calculate nominal GDP, real GDP, the GDP deflator, and the inflation rate…

A:

Q: The Beauty of the expert Hand written solution is not allowed

A: Ans. ) Given the question, there is a competitive market for rhodium. Given that all the firms in…

Q: view picture

A: Countries agreed to tie their currencies to the US dollar, which was tied to gold, under the terms…

Q: Suppose that the most popular car dealer in your area sells 25 percent of all vehicles.…

A: If all other car dealers sell either the same number of vehicles or fewer, it implies that they each…

Q: Consider five years of monthly pro fit for a company Month Sales Jan-16 747 Feb-16 697…

A: Solution- To forecast monthly sales for 2022, you could use a time series forecasting method like…

Q: 2. According to an old myth, native Americans sold the island of Manhattan about 400 years ago for…

A: Part 2: Explanation:Step 1: Calculate the future value of $24 after 400 years with a 10% annual…

Q: What is an example of a change in equilibrium? Explain the change and provide a graph

A:

Q: The correct answer is C (area BCFG) but i don't know why. can someone explain?

A: In microeconomics, understanding the cost structure of a firm is essential for analyzing its…

Q: Which of the following is the profit-maximizing approach to dealing with uncertainty? a)Base your…

A: The profit-maximizing approach when dealing with uncertainty is to make decisions that maximize…

Q: Based on the pictures of the graphs consulted, comment what is expected from the American economy in…

A: Detailed explanation: I can make the following conclusions about how the US economy is anticipated…

Q: None

A:

Q: None

A: When the firm produces 350 output, then marginal product can be calculated as follows:…

Q: 2 Figure 6-19 price S after tax 4 3 S D 4 6 8 10 12 14 16 26. Refer to Figure 6-19. The effective…

A: If the tax is imposed, the supply curve will move up by the amount of the tax, just like it is…

Q: None

A: To find the quantity of money supplied for the money market equilibrium, we can use the equation of…

Q: Use the figure below to answer the next few question, it represents the cost curves of a perfectly…

A: If the market price is $1 and it's below the average variable cost (AVC), the firm will not be able…