what is the risk

Q: Give an example of a product that has inelastic demand and elastic supply in the market to price. If…

A: An inelastic demand is defined as one where a change in price does not significantly impact demand…

Q: Consider the hypothetical country of Pelee. Suppose that national income in Pelee is $30 billion,…

A: In the given question we are given with,national income(Y)= $30 billiontax(t)= $10 billion,…

Q: 1. Two goods, Police and AOG. Assume prices are 1. Budget is 1000. The city receives a categorical…

A: you posted multiple questions, as per the guidelines we can solve only one question per session.

Q: A store sells four brands of VCRS. During the past year the following number of sales of each of the…

A: Empirical probability is defined as number of times an event occurs / total number of times events…

Q: 43. If income elasticity for a go then it is a A. O Necessity item B. O Inferior good C. O Luxury…

A: Income elasticity of demand means the responsiveness of the quantity demanded for a good to a change…

Q: The incorporation of environmental considerations into the design and development of products or…

A: THE SOLUTION ARE PROVIDED AS FOLLOWS

Q: following graph, use the blue line (circle symbol) to plot David's production possibilities frontier…

A: In this problem, we are being provided with the production per acre of maize and squash by two…

Q: • The money sent home by workers who emigrate from a developing country can benefit the country as a…

A: International migration occurs when people cross state borders and stay in the host country for a…

Q: In break-even analysis, the vari per A path through a project network must reach every node.

A: Break-even analysis is the process of estimating and assessing a company's margin of safety based on…

Q: The following are national Income account data for a hypothetical economy In billions of dollars:…

A: Answer to the question is as follows:

Q: Use fos S egjuilib The

A: In the free market, equilibrium price and quantity is determined by the forces of the demand and…

Q: d. Paul's 9. Paul considers goods 1 and 2 as perfect complements. Suppose prices and income change.…

A: Perfect complementary goods are those goods that are used together in the same proportion. The shape…

Q: Ford 20k зок Chery: Enter or Not Chevy: Enter or Not price, Ford decides to Chevy's entry. we can…

A: The given game is a sequential two-player game. A sequential game is a type of game in game theory…

Q: QUESTION 17 Assume the relationship between the car repair price (SP) and the quantity demanded (q…

A: A competitive equilibrium is a state of balance in a market where the quantity of goods or services…

Q: where did 11 come from?

A: The formula we use for calculating the amount if the principal is compounded at an interest rate r…

Q: Question 16 Construction cost of the manufacturing plant is considered as overhead cost. (A) True…

A: Cost is the amount of money that is paid in the production process on rent, wages, interest, and…

Q: iv. What would be the new marginal rate of substitution that corresponds to the optimal consumption…

A: STEP 1:  Question 3: In this problem, the consumer (Mrs Griffiths) consumes handbags and dresses in…

Q: In a market for assets, there are two types, AA and BB. Buyers value AA at $5,550 each and value BB…

A: Since the consumers do not care about the type of the asset. They will be willing to pay the…

Q: Assume the relationship between the car repair price (SP) and the quantity demanded (q units) is P =…

A: Monopoly is a market structure in which there is a single seller of a particular product or service.…

Q: 11. A firm in a perfectly competitive market uses capital and labor to produce output q. The firm's…

A: As given F(L,K)=L0.5K0.5 Price of labor=w=4 and price of capital=r=1 In order to minimize the costs,…

Q: • 1) The San Diego Zoo is contemplating a stuffed panda bear advertising promotion. Annualized sales…

A: 1) Quantity demanded in economics refers to the total measure of a service or item which consumers…

Q: A child is given $4 of pocket money to be spent on either hard candies or chocolates. Chocolates…

A: Economics as a subject deals with the allocation of scarce resources among humans with unlimited…

Q: I need help with questions 9 and 10.

A: Question 9: Price ceiling refers to the price restriction set by the government under which the…

Q: Figure 4-20 1rice 50 45+ 40 + 35 + 30 + 25 20 15 10 100 200 300 400 S00 600 700 800 900 quaxtity…

A: We have given a graph of the supply and demand curve and the point of intersection is (600,20)

Q: If the natural rate of unemployment was 4 percent, the current unemployment rate was 5.5 percent,…

A: Given: The natural rate of unemployment was = 4% The current unemployment rate was = 5.5% The value…

Q: QUESTION 8 Match the following statements to their correct answers. The output gap is positive The…

A: 8. In an economy, output gap refers to the amount of output that is the difference between the…

Q: will cause height deficiencies in children. Increase or Decrease: 19. Market: New Cell Phones…

A: In a specific market, any change in the determinants of demand will result in shift in the demand…

Q: If the demand function for any month is Pd = 400 – 2Q, where Pa is the price in £. (a) Determine the…

A: Demand: Pd = 400-2Q Cost: C =3Q2 +10Q+450

Q: Question 10 Use spreadsheet functions to display the numerical value. PMT(15%, 15,6500) = ?

A: This formula PMT is used to calculate the the payment for a loan based on a constant interest rate,…

Q: Given that the capital invested (cost of 3.0 MM metric ton plant in 2019) is to be paid back in 10…

A: Capital invested = 3mn Interest rate = 8%

Q: What is the decision rule? when is it used?

A: A null hypothesis can be defined as the hypothesis stating that the proposed characteristics of a…

Q: Explain how the government can use fiscal policy for capital formation and Technological Improvement…

A: The governments use fiscal and monetary policies to achieve certain macroeconomic outcomes. Monetary…

Risk and Uncertainty

Uncertainty refers to a situation when there is one possible outcome of a decision but where the probability of occurrence of each particular outcome is not known or cannot be estimated.