SCENA RIO 1: Assume that your family's budget is only P200 a day. Figure out with the help of your mother to answer the following questions: a. What can it buy? ANSWER:
Q: , the fund manager had a go stments earned $15m. Today. had a bad day: their investme s the fund man...
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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
Q: Country A bans imports of country B beef. What type of poilic was this ban and what economic reasons...
A: Introduction Beef industry play an important role in economic output and contribution in any economy...
Q: 3. Your income in Year 1 is R50 000, in Year 2 it is R100 000, in Year 3 it is R120 000, in Year 4 i...
A: The permanent income hypothesis of Milton Friedman (1957) extends Fisher's analysis to a model with ...
Q: Suppose a company is offering insurance where your premium is $500 and your payout is $2000. What i...
A: We are going to get the payout with probability 0.2 but we have to pay premium in both the states.
Q: a. If the marginal external benefit is estimated at an additional $24 per vaccination, draw in the M...
A: a.
Q: How do you calculate private closed economy GDP?
A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in ...
Q: QUESTION 8 Suppose that the production function y-f(x_1,x_2) (where: y is output level, x_1 is a var...
A: Question8: Answer: (d) y to increase with x_1 at a increasing rate, due to increasing returns to sca...
Q: Suppose that a monopolistically competitive restaurant is currently serving 230 meals per day (the o...
A: In a monopolistic competition long run equilibrium takes place where MR = MC and P=ATC. So since P= ...
Q: if marco is a seller of shirts and he sells a shirt for 48 dollars , which results in him having a p...
A: In a market, producer surplus refers to the amount of additional money obtained by a seller when pri...
Q: Parker Hannifin of Cleveland, Ohio, manufactures CNG fuel dispensers. It needs replacement equipment...
A: Let's calculate future worth one by one and see which alternative is best:- Future worth of D:- FW(D...
Q: There are only two brands of tennis balls Tom purchases: "Wilson" and "Penn." The more he purchases ...
A: Here, Tom purchases two types of balls that are "Wilson" and "Penn." Tom can maximize his utility by...
Q: 1.) what is the total surplus if the monopolist can perfectly discriminate? 2.) What is the deadweig...
A: When talking about perfectly discriminating monopoly firm, it is the firm that charges different pri...
Q: 10.5 (LG 10.4) The following data are available for two mutually exclusive projects: Project A Proje...
A: [a]Benefit/ cost ratio:-Benefit = Project A = 17,000,000 Project B = 17,000,000Cost = Project A = 5...
Q: (9) Suppose the market for tennis shoes has one dominant firm and five fringe firms. The market dema...
A:
Q: What were John Maynard Keynes economic theory’s general principles and who did he advise?
A: Keynesian economics is based on John Maynard Keynes' thesis that rather than letting the free market...
Q: Aidan and Celina are the only sellers of Jack Russell Terrier (JRT) in Antigua. Celina chooses her p...
A: Aidan knows how Celina will react and chooses the number of JRTs that she herself will sell, q2, aft...
Q: Consider a utility function of two goods x and y: U (x,y) = A (ax +by') where A >0, a>0, b>0, r € (-...
A: b) Slope of indifference curve= (-) MUx/MUy MUx= Ar(axr+byr)1r-1(arxr-1) MUy= dU/dY= Ar(axr+byr)1r-1...
Q: b) The ABC electric company produces two products, refrigerators and cooking ranges. Production take...
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Q: 3. James borrowed Zae's truck to drive up to Two Sustah's for a fish plate. When he pulled up in fro...
A: Risk is basically defined as the probability that the actual profits from a result or investment wil...
Q: Is Good X an inferior or a normal good? How much Good X will be purchased?
A: As given Qx = 953 - 9Px - 3Py +9Pz + 2M Also Px = $4/unit Py = $1/unit Pz =$7/unit M = $772
Q: What is risk selection and discuss any 2 methods chat can be used to eliminate this.
A: Risk Selection A related worry is risk selection, which occurs when insurers are incentivized to av...
Q: In 2025, how many of the 10 largest cities will be located in developed countries? a. 9 b. 10 c. 5 ...
A: In this world map we find the demographic data of ten countries:-Tokyo city of the country Japan wit...
Q: 1/3 „1/3 Farmer Joe's production function is f(x1,x2) = x;^x°, where x¡ is the number of pounds of l...
A: Marginal Cost = dTC/dQ where Q is the quantity.
Q: ‘Utility services cost less even though they cost more’, elaborate this law with the help of suitabl...
A: Utility services are less expensive, despite the fact that they are more expensive. Consider a compa...
Q: When a factor market has only one demander of labor, the market is labeled a (n) (A) Natural monopol...
A: In economics, a monopsony is a market structure in which a single buyer substantially controls the m...
Q: (6) For each situation, solve for the Cournot-Nash equilibrium (Capacity Constraints) 6a) Suppose Sa...
A:
Q: 2) Explain the relationship between short run ATC and MC and why ATC is U-shaped in short run?
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...
Q: A brewery produces regular beer and a lower-carbohydrate "light" beer. Steady customers of the brewe...
A: Answer -
Q: Consider a competitive industry with a large number of firms, all of which have identical cost funct...
A: In the short run, a competitive firm produces output where price is equal to its marginal cost.
Q: Circle the Nash equilibrium. Professor Give quiz No quiz You Go to class (0, 0) (2, 6) Skip class (-...
A: We know that Nash equilibrium is the intersection of the best response for each player. Let player 1...
Q: ___ are now the largest single component of the supply side of GDP, representing over half of GDP. ...
A: Gross domestic product refers to total goods and services produced within the economy within the giv...
Q: B/ Consider the Open Economy with Government Participation (i.e. the Mixed Economy): Planned Expendi...
A: Dear student, you have asked multiple sub-part questions in a single post.In such a case, I will be ...
Q: If the economy is producing at 96% of potential output, and the sensitivity of unemployment to the o...
A: When the actual output is less than the potential output, the actual rate of unemployment is more th...
Q: A. If public utilities are a natural monopoly, what would be the danger in deregulating them?
A:
Q: If 1200 amounts to 8000 when deposited annually for 6 years, what is the rate of return?
A: Future Value is the value of an investment at a specific date in the future at a certain rate of int...
Q: What is called state enterprise and why it is important for the consumers/what are its merits?
A:
Q: Reflection paper about types of industries and industry & environmental analysis
A: There are many effects that can be seen with the increment in industries. The environment is affecte...
Q: What are the purpose of individual enterepreneur? What are the few advantage or merits of individual...
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Q: Suppose that the installation of Low-Loss thermal windows is expected to save $450 per year on your ...
A: As it is given save =$450
Q: You are economic consultant for Jack, who farms raw cotton in a perfectly competitive market. One da...
A: Perfectly competitive market refers to a market scenario in which there are large number of buyers a...
Q: TC = 134 + 20Q + 4Q2 What is the average fixed cost when 11 units are produced? Enter as a value. R...
A: TC=134+20Q+40Q2AFC=134+20Q+40Q2QNow,AFC11=134+20(11)+40(11)211 =5,19411 =472.18
Q: Sustainable resource allocations require that net benefits today (period 1) and tomorrow (period 2) ...
A: Sustainable resource management refers to the management of resources in such a way that their sourc...
Q: What are the annual payments necessary to pay a $100,000, 12-year loan if the loan rate is 8 %
A: The loan rate is defined as the rate of interest at which the loan is paid to the bank. It means the...
Q: 4. Nimbus, Inc., makes brooms and then sells them door- to-door. Here is the relationship between th...
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Q: (3c) Solve for the Bertrand-Nash Equilibrium. (3d) Under the Betrand-Nash Equilibrium, how much does...
A:
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- What is the main difference between personal and disposable personal income?Only typed answer and please don't use chatgpt You are looking for a new apartment in Manhattan. Your income is $4,000 per month, and you know that you should not spend more than 25 percent of your income on rent. You have come across the following listing for one-bedroom apartments on craigslist. You are indifferent about location, and transportation costs are the same to each neighborhood. Chelsea $1,200 Battery Park $2,200 Delancey $950 Midtown $1,500 Instructions: You may select more than one answer. Click the box with a check mark for correct answers and click to empty the box for the wrong answers. a. Which apartments fall within your budget? Chelsea Battery Park Delancey Midtown b. Suppose you adhere to the 25 percent guideline but also receive a $1,000 monthly cost-of-living supplement since you are living and working in Manhattan. Which apartments fall within your budget now? Chelsea Battery Park Delancey Midtown35. If you know that you can afford a $500 per month car payment for the next 48 months, the interest rate is positive and you have found a car dealer who will agree to a zero down payment you will a. Be able to afford a $25,000 car (which is more than $500x48) b. Be able to afford a $24,000 car (which is exactly $500x48) c. Be able to afford something less than a $24,000 car d. Be able to finance a more expensive car when the interest rate is high
- You are looking for a car to lease. Your income is $3,000 per month, and you know that you should not spend more than 20 percent of your income on a car payment. You have found four deals in the table below. options Location Monthly Rent Toyota Camry $400 Lincoln MKZ $660 Ford Fusion $380 BMW 740 $720 Instructions: In order to receive full credit, you must make a selection for each option. For the correct answer(s), click the box once to place a checkmark. For the incorrect answer(s), click the option twice to empty the box. Suppose you adhere to the 20 percent guideline but also receive a $100 monthly allowance from your parents towards your car payment, which option(s) fall within your budget? Group of answer choices Toyota Camry Lincoln MKZ Ford Fusion BMW 740What will the value of spending be if you had $1300 in savings and $2250 in income?Asap What would the value of spending be if you had $1300 in savings and $2250 in income?
- 5. a) Kelsey has just rented an apartment from Rental Properties Inc. The monthly rent will be $885. When she signs the lease, Kelsey must write a cheque for first and last months' rent. Calculate this amount. b) Write a cheque for the amount in part a). GD G2 63 62 63 bandad Gaba SDGOED GOGOED GD J GJ GP 193 20 MM DD Pay to the Order of /100 Dollars MATH Bank 3.14 159 2653 5897 CORPHEROLOERENBOORPRES00004500 15263. Niko's monthly car insurance premium is $165, and will increase by 10% next year. How much will he pay per month next year?Calculate the value of savings if APS is 0.45 and income is $1200
