Why are unplanned inventory changes the key to predicting future changes in real GDP in the aggregate expenditure model?

Q: Explain the economic benefits of the Kyoto Protocol. Explain the economic costs of the Kyoto Protoco...

A: Kyoto Protocol was adopted on 11 December 1997, is an agreement(international agreement) that focuse...

Q: 2 A profit seeking firm should always a. Maximize the difference between price and average total cos...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: How financial lending institutions help developing countries improve their healthcare and achieve ec...

A: Financial lending institutions play a crucial role in achieving economic development among developin...

Q: Suppose country A has 5000 units of capital and 2000 units of labor while country B has 6000 units o...

A: Let the capital and labor endowment in country A be denoted by 'Ka' and 'La' respectively. Similarly...

Q: The free-rider problem exists because       some goods or services that are rival and leave so...

A: Freeriding is taken into account as a failure of the standard free-market system. The problem occurs...

Q: WHERE IS THE CHART COMING FROM I AM CONFUSED? FC=1200? PLEASE EXPLAIN CHART USED AC=FC/Q-VC (600x3.1...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: Role Industrial and commercial bank of China on CPEC.

A: The CPEC, which interfaces Gwadar Port in Balochistan with China's Xinjiang region, is the lead task...

Q: 2. Critically examine how development theorists such as Todaro and Smith (2015) have used the instit...

A: Person Tis an economist and an expert in the field of development economics.  Person S is an economi...

Q: A benefit that arises from the production or consumption that falls on someone other than the produc...

A: The externality is a type of market failure, where cost is created by one and incurred by another. T...

Q: Why is R&D a key factor in productivity improvement? Name some ways R&D contributes to productivity ...

A: R&D (Research and Development) is an important factor necessary for growth of every economy beca...

Q: Economic Solve

A: The GD {great depression} is described as the situation of the downturn of the economy which has sta...

Q: The firm depicted by the graph below is producing q0 level of output. Given its costs, is the firm p...

A: In this graph, P = MR indicating the constant price at all level of output. 

Q: Examine the beance sheet of commercial benks in the toliowing tabie. Assets tal Lia es nd e Merth To...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: A car wheel making company has the following data related to cost: Total Cost = $ 15000 + 1000X and ...

A: Total cost = 15000 + 1000X  Total Revenue = 2500 X   

Q: Paraphrase the following. 1. We can take drastic action now to ensure that we prevent a future where...

A: 1. We can make an intense move currently to guarantee that we forestall a future where super tropica...

Q: Which of the following would depict the logical order or sequence for preparing the following:(1) a ...

A: The budget is prepared in advance about the potential future estimates.

Q: In recent years, the United States has experienced large increases in oil production due in large pa...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: If a firms outout equals 10, product orice equals $5.00, TFC = $8.00, and TVC = $60.00, then the fir...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: If a fims output equals 10, product price equals $5.00, TFC = $8.00, and TVC = S60.00, then the firm...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: Why is the equality between the marginal benefit and marginal cost of an action an equilibrium condi...

A: The marginal cost (MC) of a firm is the cost that is incurred when an additional unit of the commodi...

Q: Question 1 a.With the aid of a diagram explain how a monopolist determines how much output to produc...

A: Note: Since you've asked multiple subparts, we will solve the first three question for you. If you w...

Q: Anashequilibriumisastrategyprofilesuchthat: a)Both players are playing a best response strategy b)Bo...

A: Nash equilibrium is a strategy profile such that both players are playing a best response strategy. 

Q: Microsoft was once accused of being a monopoly - they were one of many computer companies who sold i...

A: Microsoft bundled its Operating system with Internet explorer initially.

Q: Total revenue from the sale of X is given by the equation R=60Q-Q2. Calculate the value of marginal ...

A: Revenue and elasticity are related: When demand is price elastic, a change in price results in an in...

Q: A monthly pass for the Stockholm subway costs $100, and fare dodgers who are caught face a fine of a...

A: Since there are multiple parts to this question, we are answering the first two for you.  Given, A m...

Q: Assume that Talib has well-behaved preferences and consumes hamburgers (vertical axis) and steak (ho...

A: Consumer have well behaved preferences means, the shape of indifference curve is convex. The consume...

Q: When people cannot be prevented from using a good, and it is free of charge to everyone, then that g...

A: A good that is free of charge to everyone and it is not possible to prevent anyone from using it, it...

Q: Illustrate the effect on the equilibrium price and quantity using supply and demand curves. Be sure ...

A: The demand curve is a graphical representation showing the relationship between quantity demanded an...

Q: Explain in detail what effect a Fed purchase of bonds will have on: (1) the LM curve; and (2) the IS...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: Hello I need help with that question plz and thanks Suppose that you won the lottery and received $5...

A: The consumers’ preferences are considered important for an economy because they allow the companies ...

Q: Average cost decrease indefinitely as output expands.   Is that true?

A: Economies of scale signifies a scenario where a firm reaps the cost benefits while carrying out prod...

Q: What is true about the monopoly's marginal revenue? Assume no price discrimination please (just one ...

A: A monopoly is a sole producer of a good in the market thus acting as a price maker. 

Q: Explain the monitoring and evaluation of CPEC.

A: Country C- Country P Economic Corridor is a connectivity project to link Port G in Country P to City...

Q: What are the theories and bases of taxation? Explain each. (Please include the references, I really...

A: There are 2 main theories of taxation : The force of tax collection continues upon the hypothesis th...

Q: Economic Solve this question

A: In the recession, the economic activities such as production and spending starts falling, the econom...

Q: You have the following information on 3 countries: Soccerland, Handeggland, and Neverland. How ...

A: Hello. Since you have posted multiple questions and not specified which question needs to be solved,...

Q: So that a firm break even  fixed cost $30,000 price=$8.90 variable cost per unit (avc)=7.40

A: Break-even point is where the total cost is equal to total revenue. It is the point where the firm m...

Q: Describe the types of economic systems. Traditional economic system Command economic system Market e...

A: Several eminent scholars and policymakers have classified various types of economic systems on the b...

Q: - TC

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

Q: Assume a piece of jewelry and 2 consecutive drops in its price. Also consider Sara’s demand to be re...

A: Price consumption curve(PCC) shows the relationship between the price and quantity as it shows how t...

Q: Assume that the market demand for cheese is given by the function Qd=252-4p , and the supply is perf...

A: At equilibrium, demand is equal to supply. Thus, Qd = Qs 252-4P = 172 P = 20 Putting, P= 20, then Q ...

Q: The total cost of production equals Select one: a. average total cost - average variable cost b. ave...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: The total cost of production equals Select one: a. average total cost - average variable cost b. ave...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: Which is the greater problem: anticipated inflation or unanticipated inflation?

A: Unanticipated inflation is the problem that is greater among the two. because the anticipated inflat...

Q: 15. Suppose that the relationship between inflation rate (π) and unemployment rate (u) is described ...

A: The Philips curve shows the relationship between the unemployment(u) and inflation rate(π). It is ba...

Q: What are the characteristics of Taxation? Discuss each briefly. (Please include the references, I r...

A: Public finance is a subpart of economics that studies the expenditure and revenues of the public aut...

Q: Question 4a. Use the table below to complete the following exercise. Plot the price and quantity dat...

A: Plot the graph using the given values     

Q: A call center in India used by U.S. and U.K. credit card holders has a capacity of 1,500,000 calls a...

A: Breakeven occurs when  TR - TC = 0  Or we can use the following formula to calculate breakeven.  Bre...

Q: Given the following: Ca = $100, Ig = $50, Xn = − $10, and G = $30, what is the economy’s GDP?

A: GDP is calculated by  GDP = Consumption + Investment + Govenment expenditure + Net export