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Q: A pump is needed for 10 years at a remote location. The pump can be driven by an electric motor if a…

A: Requirement of pump in years at remote location=10 years ways of driven pump are:Electric motor or…

Q: Which of the following concepts is NOT a basic assumption of economics? a. scarcity b. demand for…

A: Economics is a vast area of study that deals with various agendas, models, theories, rationales, and…

Q: Suppose GDP in this country is $320 million. Enter the amount for consumption. Value National Income…

A:

Q: 5. Majority-rule benefit-cost analysis Jackson, Hope, Zachary, and Phoebe are college roommates.…

A: The cost-benefit analysis includes explaining the potential costs and benefits of regulation in…

Q: Coke and Pepsi are substitutes. Which of the following will not cause the demand curve for Pepsi to…

A: Two goods are said to be complementary when they are used together. Two goods are said to be…

Q: You are looking to purchase car insurance and have already met with an agent. After meeting the car…

A: An adjuster should periodically check that an insurance policy's protection exists, examine…

Q: 2. In comparing airline companies it is common to analyze Revenue/passenger/mile traveled. The…

A: As the revenue and RPM are given same for both airlines then we can use the passenger amd miles for…

Q: 80 7아 60 50 40 30 20아 10 10 20 30 40 50 60 70 80 90 100 25. George Johnson recently inherited a…

A:

Q: What point represents a recession? What point represents an unattainable point without trade or…

A: PPC: Graphical representation of the combination of two goods that can be produced in the economy in…

Q: Bob is a general contractor in the construction industry. Suppose the construction industry is…

A: Bob is a general contractor in the construction industry. Suppose the construction industry is…

Q: When policymakers make decisions in response to a pre-specified rule, they are u active policy.…

A: Monetary and fiscal policies are used to correct the disequilibrium in an economy. These policies…

Q: How will an increase in offshoring affect the demand for skilled labor and the wages ofskilled labor…

A: Offshoring refers to when the business relocated its supply chain, operations, or production from…

Q: Suppose an economy produces steel, wheat, and oil. The steel industry produces $80,000 in rev- enue,…

A: GDP or Gross Domestic Product is defined as the value of final goods and services, which is bought…

Q: Suppose the following graph shows the supply of and demand for admission to the University of…

A: Economic equilibrium is the combination (typically price and quantity) that drives the economy…

Q: 11) A consumer's preferences for food (F) and clothing (C) are given by U(F,C) = F0.2C 0.8. The…

A: The consumer equilibrium is the point where the slope of budget line is equal to the slope of the…

Q: Consider two bidders who are competing for an item in an 'all-pay auction.' Bidder 1 values the item…

A: There are two players in the game : Bidder 1 & Bidder 2  As per the question , If the bids are…

Q: What is Enlightenment? an American ideal of a successful life. a period of time in which…

A: In an economy, when talking about enlightenment, in simple terms, it explains the situation in which…

Q: 4. The public debt - Ownership The following table contains approximate figures for gross domestic…

A: National Debt: The national debt is the aggregate of money that is owned by a government. It is…

Q: candy can Camille's Grandma Mary buy her? Multiple Cholce five lollipops and three candy bars two…

A:

Q: In the aggregate demand-supply model, a short-run equilibrium occurs at the combination of output…

A: Aggregate demand is the sum of Consumption, Investment, government spending and net export.  Long…

Q: Suppose the United States decides to reduce export subsidies U.S. agricultural products, but it does…

A: Lower export subsidy will discourage exports, keeping imports unchanged. As export decreases, demand…

Q: A gadget monopolist has the following average revenue (= market demand) and long-run average cost…

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Q: The table shows employment statistics for a fictional country. Use the information to answer the…

A: People who are actively looking for a job and willing and able to work, are considered unemployed.…

Q: 12. Elastic and inelastic supply The following graph plots a supply curve for some hypothetical…

A: An index that measures how sensitive the quantity (Q) supplied of a good or service is to changes in…

Q: Roger's Lobsters serves buy-by-the-pound lobster dinners every Monday night. In order to attract…

A: Profit maximization is the means by which a firm determines the pricing, input, and production…

Q: Could you please give me full detailed answer?

A: A pizza company runs its business in a franchisee mode and has decided to conduct a $1 promotion for…

Q: Refer to the following supply and demand schedules for the market for yo-yos. Price Qd Qs $1 100 10…

A: 2) At P= 2, Qd= 80 and Qs= 35 Since quantity demanded exceeds quantity supplied at price $2, there…

Q: 1. Specialization and productio Suppose France produces only tablets and smartphones. The resources…

A: Answers   1.Remain constant Suppose France produces only tablets and smartphones. The resources…

Q: If an industry consists of 20 firms holding equal market shares, the Herfindahl index is a. 400. b.…

A: Here, it is given that there are 20 firms in a market with equal market share.

Q: Douglas Fur is a small manufacturer of fake-fur boots in Philadelphia. The following table shows the…

A: find below the filled answers

Q: To calculate the net present value, convert all future and repeated cash flows into present value.…

A: In economics, present value refers to the current value of a future stream of cash flows. The net…

Q: Assume that the cost data in the following table are for a purely competitive producer: Average…

A: Hi Student, Thanks for posting the question. As per the guideline, we are providing answer for the…

Q: Below are infant mortality rates per 1,000 live births for whites and blacks in a certain country.…

A: Mortality rates refer to the number of deaths of people or individuals per 100 individuals in a…

Q: Which value would be directly affected by a firm in Brazil paying dividends to a stockholder in…

A: A firm in Brazil is affected if it pays dividends to a stockholder in Argentina.

Q: 3. The Hevishus Corp. (HC) is a profit-maximizing company that owns the only cement factory in…

A: Elasticity of demand is a significant variation from the general definition of demand. It measures…

Q: I'm studying for my final at the end of the week and haven't been able to answer this question and…

A: The demand curve is the curve that would describe the relation between the price of a commodity and…

Q: A commercial 3D printer is purchased for $340,000. The salvage value of the printer decreases by 50%…

A: The term "optimal replacement period" describes how long it makes sense to replace an asset with a…

Q: Question 6 The September 28, 2021 edition of the Wall Street Journal contained an article titled…

A: Excise duty is a form of indirect tax that is charged on the goods that are produced within the…

Q: 3. Types of unemployment The three people described in the following table are categorized as…

A: A person is unemployed when he/she is willing to work but not getting a job, and continuously…

Q: Fiat money is money: a. accepted by law regardless of its intrinsic value. b. C. that is not…

A: The question rotates around the idea of fiat money, a type of cash that is acknowledged by…

Q: In which of the following cases would we expect a person to experlence no net change In their…

A: By the term behavioral economics, economists mean that; generally individuals take the decision that…

Q: 6. The Crispy-Cola Corp. (CCC) wants to expand into selling its cans of cola via vending machines…

A: Given,  Crispy-Cola Corp. (CCC) expands into selling its cans of cola by vending machinesIt…

Q: 1. (Similar to Chapter 13, problem 38A.) Match the following terms with their definitions: 1.…

A: Keynesian economics introduced the concept of laissez-faire policy as economy will it self achieve…

Q: You want to buy a $30,000 car. You can make a 10% down payment, and will finance the balance with a…

A: Loan amount refers to an original principal on a new loan taken or given . It can also be the…

Q: Are you able to assist me with the last two questions?

A: The Gini coefficient determines income distribution across a population. Created by the Italian…

Q: Question 6 Refer to Scenario 3.3 below to answer the question(s) that follow. SCENARIO 3.3: -Mustard…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: QUESTION 1 The New Deal aimed at improving life in the South by: O Promoting unionization and…

A: The programs of the New Deal, then, at that point, fell into three head classes help, recuperation,…

Q: 9-15. A small high-speed commercial centrifuge has the following net cash flows and abandonment…

A: Rate of return=10% Current market value=$7,500 To determine:- Optimal time to abandon=?

Q: 7. Movements along versus shifts of supply curves Consider the market supply of cereal. Complete the…

A: The market supply curve is the locus of all quantities of a good or service all producers in a…