Suppose the value of a price index is 50 in 2015 and 60 in 2016. What is the rate of inflation from 2015 to 2016? 1% 10% 25% 20% 5%

Q: QUESTION 5 In a perfectly competitive market, consider a firm with a cost function C=20+2q? Al the…

A: Explanation. The cost function is C(q) = 20 + 2q ^ 2 Therefore, Average Cost: AC = C(q) / q = 20 / q…

Q: Assume that the gross domestic product is $6,000, personal disposal income is $5, 100, the…

A: National saving is the total save­d money from people, busine­sses, and the government in a country.…

Q: Solve the problem. 16) A company estimates that the daily cost (in dollars) of producing x chocolate…

A: C(x) = 810 + 0.03x + 0.0002x2 . Company Produces 720 chocolate bars

Q: 1. Consider the following version of the Prisoners' Dilemma. Player 2 Player 1 M F M (−1,−1) (0, -9)…

A: John von Neumann and Oskar Morgenstern established the idea of a mixed-strategy equilibrium, but…

Q: B. Consider the graph of a perfectly competitive firm: Price 175 125 100 80 270 322 515 MC ATC AVC…

A: The cost of producing an extra unit of goods is known as Marginal cost.(MC) .  Average cost  (AC)is…

Q: Using the PW analysis on the basis of their capitalized cost to compare the Mutually Exclusive (ME)…

A: For Machine A: Initial cost (C) = 12,000 Operating Cost (OC) = 3500 Salvage (S) = 3500 Useful life…

Q: QUESTION 8 A tariff generally goods. a. Hurts; helps b. Hurts; hurts Oc Helps; helps Od. Helps:…

A: Note: You have uploaded multiple questions at a time. Hence, we shall solve only the first one for…

Q: Question 15 If the price is $6 then profit-maximizing profits for this firm are: Supporting…

A: "Profit maximization" refers to the process or goal of a company or individual to maximize their…

Q: Price 20 15 10 5 0 Qd 0 4 8 12 16 Qs The producer surplus with a $18 price floor is places). The tax…

A: From the given demand and supply schedule, we will calculate the equation of the demand curve and…

Q: Select the correct answer from the terms provided to complete the sentences below. There are more…

A:

Q: nventory nvestment $20 Net Exports -$100 Emall Business Eapital Consumption Government capital…

A: (GDP) is the standard proportion of the worth added made through the manufacturing of labor and…

Q: Suppose that the government of Ansonia is experiencing a large budget surplus with fixed government…

A: Tax multiplier : - MPC 1- MPC

Q: The purchase price of a machine is $7500, its estimated salvage value is $3000, and its service life…

A: Depreciable amount = $7500 - $3000 = $4500  Sum of years' digits = 6+5+4+3+2+1=21

Q: What is the amount $R that makes the two cash-flow diagrams below equivalent? The interest rate is…

A: Present value (PV) is the current worth of a cash flow at a given interest rate and time period. The…

Q: Suppose Canada currently has a trade deficit. Which of the following changes could potentially lead…

A: In the international market, the value of the currency of a country influence the total units sales…

Q: LAS Price i) LAS is tht long SAS Supply cuoue E. PLe ") eurrent equili'bri SAD Mihen Sns:SAD= LAS YE…

A: i) LAS is the long run supply curve. ii) The equilibrium prevails at the point where SAS = SAD = LAS…

Q: What may be wrong with over-specialization for workers in factories? A. Work culture may worsen B.…

A: When product is made, cost  takes place and process of business follow ups. Business can be of…

Q: Problem 3 How long will it take to recover an investment of $10,000 at 10% interest rate under the…

A: The present value of cash flows in future will be calculated in consideration of the discounting…

Q: Solve the problem. 28) A kitchen remodeling company determines that the marginal cost, in dollars…

A: Given, C'(x) = 7x-13C(x) = 7x-13dx Cost of installing d x feet.

Q: Directions: Record the given information, draw the cash flow diagram and solve. A material handling…

A: External rate of return (ERR) refers to the rate of return on a project and the “excess” cash from a…

Q: Consider the market for computers. The current price of dell computer is $1200.00. Two consumers,…

A: Total surplus refers to the sum of consumer and producer surplus. Consumer surplus refers to the…

Q: Question 3 Which statement is TRUE? O a. Economic profit is always positive in the short run O b.…

A: (Since you have asked many questions, we will solve the first one for you. If you want any specific…

Q: QUESTION 5. The approach by Borjas (2003) on evaluating the effects on immigration ignores: (a)…

A: Question 5 The cross elasticity of demand refers to the change of one commodity's quantity with…

Q: Capital 1 Workers Product 1 20 2 45 3 60 4 65 1. Based on the above data, if the cost of capital is…

A: Variable cost is cost that vary with the change in quantity.  Fixed cost is the cost that doesn't…

Q: 16. Quantity (Banana) TU 1 2 3 4 5 6 15 19 24 29 26 20 Find a. MU & MU/Peso, Price-0.60 b. Graph MU…

A: Marginal utility, is, the extra fulfillment or advantage (utility) that a customer/consumer gets…

Q: Useful life of machine equal 10 years with initial cost value (10000) $ the salvage has estimated of…

A: Given Initial cost or first cost FC = $10000 Salvage value after 10 year =$2000 We have to calculate…

Q: An industry consists of four firms with annual sales of $4,000, $6,000, $5,500, and $7,000. What is…

A: Herfindahl-Hirschman Index refers to the sum of square of market share percentages by each firm in a…

Q: The CPI in a country is 107.39 in 1985 and 254.83 in 2020. Assume the price of a movie ticket in…

A: The (CPI) is an average of prices for a bundle of consumer goods and services including…

Q: e. Repeat parts b-d for 12 million hours instead of 8 million hours. f. What is the efficient…

A: e. Consumer surplus = 1/2×(20-16)×12 = 24 Producer surplus = 1/2×(16-10)×12= 36 So total economic…

Q: The optimal amount of x1, x2, P1, P2 and income are given by the following: 3 41 1 6P X= 1 21 2 6P 2…

A: The optimal quantity is the specific amount of inventory you ought to request and keep close by to…

Q: should be deposited annually in t for five years if you wish to withdraw $4,500 each year Click the…

A: To determine the annual contribution, you want to realize the yearly interest price and what number…

Q: Question 1 20 Output (units per day) 15 10 5 U 9 TP b a 0 1 2 3 4 5 6 Labor (workers per day) In the…

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

Q: (iii) What part of the decreasing range is practically feasible? (iv) Write an equation for the…

A: The average (AC) cost function of the firm is, The first order condition is, The second order…

Q: A.Discuss criticism towards infant industry protection

A: DISCLAIMER  “Since you have asked multiple question, we will solve the first question for you as per…

Q: Consider the following market demand and market supply: Demand: p = 90-q Supply: p = 20+3q Suppose…

A: Ans) The efficient equilibrium quantity ( q eff) = 22.5 When there are external benefits,…

Q: You are a hotel manager and you are considering four projects that yield different payoffs,…

A: The return from an investment that is in turn being expected by an individual is known as the…

Q: Consider the labour market for heath care workers, which is in equilibrium. Because of the aging…

A: The equilibrium is decided where the demand and supply of labor force is equal. Change in either…

Q: a. Briefly discuss the major participants in the Sultanate of Oman monetary system. (200 words). b.…

A: A monetary system is a collection of organizations, principles, and procedures that control the…

Q: Suppose you find that MU1(X1Xx2)=2x2 and MU₂(x1+x₂)=2x1. What is the rate at which the consumer is…

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