Q: Arnold Van would like to buy some 'sala' set for his new house and Aaron, another consumer would…
A: Sales at Sell = 35,500 Reseller = 30,000
Q: If an industry is monopolized, then Labour Demand will be below the Labour Demand under competition.…
A: In a market, monopoly refers to the situation when a single firm is producing or selling a specific…
Q: 9. Consider the following statements: I. Every game has at least one pure-strategy Nash equilibrium.…
A: The Cournot oligopoly is a market structure in which a small number of firms produce a homogeneous…
Q: briefly review key academic literature on EMH and the London Stock Exchange market
A: The Efficient Market Hypothesis (EMH) is a key concept in finance and economics that states that…
Q: Pam is rich and at this high income level, her demand for good X is independent of income and given…
A: Introduction A consumer's willingness to pay, as used in consumer behavior theory, is the highest…
Q: Explain the first, second and third divisions of labor in the light of the Fordist and the Post…
A: The first, second, and third divisions of labor refer to different stages in the evolution of the…
Q: Suppose Lan's utility function is U(x,y) = 76.1 x - 2.6 x² + y, her income is 1000 dollars the price…
A: A utility function is a mathematical representation of an individual's preferences over a set of…
Q: . If you plan to invest EOY 2 $4000, then what would this be equivalent to EOY 4 years? Assume i =…
A: Present value is the value of investment in today's dollar. Future value is the value of investment…
Q: 1. Consider the following normal-form game: Player 2 Left Right 30,20 10,10 Up Down 10,30 20,20…
A: Nash Equilibrium is a very popular concept that identifies and explains the most viable solution in…
Q: 3. Suppose that a consumer can earn a higher wage rate for working overtime. That is, for the first…
A: Apart from working hours, leisure time is when consumers invest in their own comfort and wellness.…
Q: 8.16 The fixed and variable costs for three potential manu- facturing plant sites for a rattan chair…
A: A company's profits are determined by subtracting its costs from its revenues. The company's main…
Q: Using “The Evolution of Economic Thought” book by Randy R. Grant and Stanley L. Brue as reference,…
A: Neoclassical economics is a dominant school of thought in modern economics that emphasizes the role…
Q: Which of the following is true about competitive firms? A firm with fixed/sunk costs receiving a…
A: Competitive market is the one with large number of sellers and buyers in the market with each seller…
Q: 2 COLD BREW VS. ICED COFFEE Lauren's preferences over cold brew, C, and iced coffee, I, are given by…
A:
Q: Jack is trying to get an estimate of the unemployment rate in a particular neighborhood. Jack…
A: Given information: The real unemployment rate is 10% Jack selects a sample of 5 people. Jack is…
Q: Suppose the fictional country of Everglades produces only two goods: sorghum and telephoto lenses.…
A: PPF is the production possibility frontier. PPF is defined as the production possibility of two…
Q: Banks often close Repo-Deals with other banks. Today the lower Rhine-Bank (LRB) owns a 6% CHF-fixed…
A: Disclaimer:- since you asked multipart question, we are solving only 3 subparts as per guidelines.…
Q: why david ricardo should be consider as a father of economics?
A: Economics is the study of allocating the scarce resources in the most efficient manner. The three…
Q: If there is a conflict between the Generally Accepted Accounting Principles (GAAP) vs. Tax Laws,…
A: Taxation basically refers to the process by which a government raises revenue from its citizens and…
Q: According to Karl Marx, which was the stage of society that eventually supersedes socialism? Select…
A: Socialism is a economic and political theory that stresses on collective ownership of resources and…
Q: the elasticity of demand for Google Play apps is -3.7. (See the mini-case "Demand Elasticities for…
A: Given information: The elasticity of demand for Google Play apps is -3.7 => Ed = -3.7…
Q: Africa region's economies are severely affected by the global crisis. Policy makers across the…
A: The SWAN (Supply and Wage-price-non-Accelerating-Inflation) model is an aggregate supply and…
Q: Compute the number of years (t) if future value (FV) = $13514, present value (FV) = $1186, and…
A: The formula for calculating the present value from the future value is :- PV = FV / ( 1+i)t
Q: Your cousin Vinnie owns a painting company with fixed costs of $200 and the following schedule for…
A: Total cost is a sum of fixed cost and variable cost. Fixed cost remains constant and does not depend…
Q: 5. CostCo is a retail outlet that requires members to pay an annual fee to access its stores.…
A: In two-part tariff the price of the good or service will be comprised of two parts: a fixed fee and…
Q: 3. Masagana Electronics, a firm that manufactures affordable microcomputers, is about to start…
A:
Q: Compute how much a business is worth if it is expected to generate cash flows to its owners of $0…
A: A financial statistic known as present value determines the current worth of future cash flows once…
Q: 4.8 Two of the simplest utility functions are: 1. Fixed proportions: U(x, y) = min[x, y]. 2. Perfect…
A: Utility functions provide the level of utility that is attained by the consumer for the given…
Q: Kindly think of ten (10) Real Life situations where the Law of Supply and Demand has been / is being…
A: The quantity of a commodity or service that customers are willing and able to buy at a specific…
Q: A survey taken by residents from the imaginary town of Draw City tells economists that the following…
A: An economics concept known as "income elasticity of demand" describes how much a change in consumer…
Q: There are two consumers, Cindy and Shelly. Cindy’s marginal rate of substitution equals C/L.…
A: Consumption-leisure choice model: Individuals need to trade-off between how many hours to work and…
Q: Adhering to the best Project Finance international practice, how should you advice the Government of…
A: To guide the government of Kenya in creating a successful Special Purpose Vehicle for a…
Q: A company sells one of its products for $42 each. The monthly fixed costs are $2700. The marginal…
A: Given information: A company sells its product for $42 each => P = $42 -------------------------…
Q: 2. Consider a pharmaceutical company considering research and development of a new drug. They…
A: Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts for…
Q: Glacier has a comparative advantage in the production of , while Rainier has a comparative advantage…
A: Comparative advantage is computed through , A country has a comparative advantage in producing a…
Q: The diagram provides isoprofit and demand curves for a typical firm.
A: Isoprofit curve shows difference combinations of price and quantity that can generate same level of…
Q: The pizzeria's fixed cost is $ Complete the third column of the following table by calculating the…
A: Fixed cost is independent of quantity. It is the total cost when no quantity is produced. Variable…
Q: Pam is rich and at this high income level, her demand for good X is independent of income and given…
A: Given: X=40.9-4pxpy px=5py=5
Q: Using “The Evolution of Economic Thought” book by Randy R. Grant and Stanley L. Brue as reference,…
A: Neoclassical economics is a school of economic thought that usually emerged in the late 19th and…
Q: What is the equal payment series for 12 years that is equivalent to a payment series of $15,000 at…
A: Introduction Calculations of NPV can always be used to create a fixed payment stream that is equal…
Q: Philip borrows P30,000 with interest at 7.5% compounded quarterly. He agrees to pay P600 at the end…
A: Amount Borrow = 30,000 r = 7.5% compound quarterly PMT = 600 at each quarter
Q: Hyperion Enterprises had their bank wire money to their partner in an international joint venture.…
A: Introduction Sending money electronically between accounts is simple and secure with a wire…
Q: Consider a perfectly competitive world, the demand and supply are given by Qd = 10 - 5.2*P and Qs =…
A: Equilibrium is where the quantity demanded is same as the quantity supplied. That is equilibrium…
Q: Suppose that upon solving for optimal bundles of hamburgers and french fries, we determine that when…
A: "Since you have asked multiple questions, we will solve the question asked by you. If you want any…
Q: Suppose that the govern- ment imposes a producer tax. That is, the firm pays t units of consumption…
A:
Q: How much monthly deposit must be made for 7 years and 2 months in order to accumulate P 250,000 at…
A: Present value is the value of investment in today's dollar. Future value is the value of investment…
Q: You'd like to study social networks. Consider the following 7 people {A,B,C,D,E,F,G} in a social…
A: Formula for permutation is given as: nPr = n!/(n-r)!
Q: What is the principal amount if the amount of interest at the end of 2 ½ years is Php4 50 for simple…
A: A sort of interest known as simple interest is computed just using the principle borrowed or…
Q: Question 2 A university is planning to install many mini steel structures within the campus. Three…
A: To calculate the range of supply, we need to estimate the indifference point between two quotation.…
Q: New German government pushes the electricity production from fossil resources to renewable…
A: The implementation of the project will likely depend on various factors, including the government's…
Please handwriten solution
Step by step
Solved in 3 steps
- Suppose that Anna's college education would cost around $500,000 when they enter college in 15 years. At present, She have $100,000 to invest.What annual interest must she earn on her investment to cover the costA free lunch?: “We will install new HVAC equipment for you, absolutely free!! Just signa three-year contract to split 50/50 any savings the equipment generates on the use of equipment plus pay for a service contract for the equipment’s maintenance. We will takeout the loan for the equipment and installation and pay off the loan with our share of the savings. After three years, the equipment is yours! You’ll only be giving us some of the money you are paying to the power company for electricity. The service contract for the equipment is $15,000 per year, but think of your peace of mind!” Evaluate if this is a free lunch or if there is a catch somewhere based on other financial data available. What data would you need? What evaluation criteria would you choose?Brian lives in San Diego and runs a business that sells guitars. In an average year, he receives $733,000 from selling guitars. Of this sales revenue, he must pay the manufacturer a wholesale cost of $433,000; he also pays wages and utility bills totaling $257,000. He ovwns his showroom; if he chooses to rent it out, he vill receive $13,000 in rent per year. Assume that the value of this showroom does not depreciate over the year. Also, if Brian does not operate this guitar business, he can vork as a paralegal, receive an annual salary of $23,000 vith no additional monetary costs, and rent out his showroom at the $13,000 per year rate. No other costs are incurred in running this guitar business. Identify each of Brian's costs in the following table as either an implicit cost or an explicit cost of selling guitars. Implicit Cost Explicit Cost The vholesale cost for the guitars that Brian pays the manufacturer The salary Brian could earn if he worked as a paralegal The vages and utility…
- Suppose you sell items on a web site like Etsy and making them requires you to rent some equipment costing $1000 per year as a fixed cost. The materials for making these items cost $30 per item as a variable cost, and you sell them for a price of $50 each. What number of items D' must you make and sell each year for you to breakeven on the cost of this activity? You may be able to raise your sales price and then sell fewer items to maximize profit. Since other people make and sell similar items, a higher price lowers the demand for your product according to the price function p = $120 - 1.5 D. What is the profit maximizing number of items D* that you would need to make and sell to maximize profit? What is the profit earned for the annual number of items made and sold in part b?If you want to withdraw $5000 in each year for the next 10 years when the interest rate is 40%, what is the approximate amount you need to invest now? O a. $11000 O b. $13000 O . $8500 O d. $16000uestion 3 If you want to minimize interest payments on a loan, you'll need one that has a simple interest rate so that yo John opened an account, and knew exactly how much it would be worth at the end of the year, because it used year. What is simple interest? Oa. Interest only on original amount saved or borrowed Ob. interest on original amount saved, borrowed and other interest earned Oc. a fee paid for the use of someone else's money Od. taxes on the original amount saved or borrowed L A Moving to another question will save this response. →
- 1. Suppose that you invest $100. At 3% interest, how long does it take to double your money? To quadruple it?2. Suppose that Anna's college education would cost around $500,000 when they enter college in 15 years. At present, She have $100,000 to invest.What annual interest must she earn on her investment to cover the costWhat is the value of $600 at 12 percent interest for 7 years compounded continuosly? O A. $1356.54 B. $1372.76 O C. $1326.41 O D. $1389.82 Seçimimi temizleAdam, a farmer, wants to buy a new equipment in three years from now. He expects that the price of the equipment will be $15000 in three years. Approximately. how much money should Adam put currently in his savings account if a bank pays 5% interest rate on that account? of Select one: O a. $12958 O b. $12465 O c. $19284 O d. $15928
- What refers to the interest rate at which the present worth of net cash flow of an investment equals to zero? O Return of investment Yield O Economic return Rate of return O Annual worth4. Looking forward - Future value Compounding Interest You know that paying yourself by depositing money in a savings account is a prudent start to your retirement plan. You determined that, based on your other obligations, you can save 7,375.00 per year via an annual, single year-end deposit. You are 40 years old now, so your money will grow for the next 25 years until you turn 65. You will open a savings account at the US Bank branch near your home. Its savings accounts are paying 6% interest. The following table shows the future value factors for various periods and interest rates: Future Value of an Annuity Factor 3% 6% 8% 9% 10% 5% 12.578 10.950 11.460 13.180 14.487 15.190 15.937 13.412 14.190 15.917 16.870 18.977 20.140 21.384 17.293 18.600 21.578 23.270 27.152 29.360 31.772 24.297 26.870 33.066 36.780 45.762 51.160 57.274 32.030 36.460 47.726 54.860 73.105 84.700 98.346 40.567 47.570 66.438 79.060 113.282 136.300 164.491 49.994 60.460 90.318 111.430 172.314 215.700 271.018…3. Sam works for Engineering Enterprises, and he is trying to analyze his cash flow throughout the following time period: Cash flows in year 1 -4 have been at a steady $1M/year. However due to the COVID pandemic in year 5 the company had to completely shut down its operations for a year. In year 6 the company was able to maintain the revenue of $1M, however there was a 15% decline in sales in the following periods. a) Draw the cash flow diagram b) Based on PW analysis and an interest rate of 5%, overall, how did the company perform during the 8-year study period? c) Convert your answer to AW based on your answer from part b)
