SLO-4.1. The amount of money people have to spend after buying necessities such as food, clothing and housing is Osavings Odiscretionary income Onet income Ogross income

Q: A cartel can be formed as a tacit collusion when: none of the other answers are correct. firms…

A: Tacit Collusion : The situation of tacit collusion cartel can be defined as when the competitors do…

Q: The demand and supply curves of fire extinguishers are given by Qa= 10,000 - 10P and Qs = 15P,…

A: Given information Demand function Q=10000-10P Supply function Q=15P External benefit=$4

Q: Use the following table to answer the question below. Price per Unit Quantity Demanded Quantity…

A: We have given demand and supply schedule.

Q: A monopolist competition firm has MR-MC-50, ATC-40, P-35 at the current output level of 50. 1. Is…

A: A firm is operating in monopolist competition.

Q: "Vitamin Strong" has the monopoly on the production of vitamin C. It faces geographically separated…

A:

Q: 8. Consider the game tree below: P2 D F (3,2) (2,-1) (0,1) (1,4) What is the subgame perfect Nash…

A: We have sequential move game between player 1 and player 2. Where player 1 is moving first.

Q: The following hypothetical production possibilities tables are for China and the United States.…

A: Disclaimer: Multipart question. The solution to the first three parts is provided.

Q: Q)compare the real business cycle model to the coordination failure model.

A: Real business cycle model  The real business cycle states the theory regarding changes in the…

Q: 2. There are four firms in the widget market. Each of them emits five units of yuck, which are not…

A: According to the question,  There are four firms in the widget market.  Each firm emits 5 units of…

Q: 3. The components of marginal revenue Manuel's Fire Engines is the sole seller of fire engines in…

A: Demand curve shows a negative relationship between price and quantity demanded. Decrease in price…

Q: The average cost for a firm is given as a function as follows:- AC 3Q²-6Q + 20 = Calculate the Total…

A: WE Know that the average cost simply defined as the total cost per unit of output.  That is :- AC =…

Q: Please give an example of a market that comes close to being considered perfectly competitive. What…

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

Q: 16. Suppose there are two manufacturers A and B in the society, and each manufacturer will produce…

A: Answer -

Q: A senator in a certain state proposes to reduce the state's cigarette-tax. His reasoning is that is…

A: Elasticity of demand explains how the change in price will effect the demand of that good or…

Q: First degree price discrimination is the same as O pricing for personnel. O personal discrimination.…

A: The measure that depicts charging different prices for the same services or products being sold is…

Q: The State of Florida is considering building a high-speed rail line from Orlando to Tallahassee that…

A: Given information State of Florida is constructing a high rail line. It requires to conduct cost…

Q: Find the present value of a PHP 120,000 annuity payable every year for 10 but deferred 3 years.…

A: The given values Deferred years (t)=3 Annuity payable years(n)=10 Annuity value (A)=120000 money…

Q: Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the…

A: *Opportunity cost when interest rate is 5 % = 10000 x 5% = 500 *Opportunity cost when interest rate…

Q: Why is it important to keep potential output (Yn) steadily increasing over time?

A: The maximum level of real gross domestic product or potential output that can be sustained…

Q: 1. A bank is offering to sell four-month certificates of deposit for $ 4,926. At the end of four…

A: A bank is offering to sell four-month certificates of deposit for $ 4,926. At the end of four…

Q: What is the present equivalent of $20,000 to be received in 10 years when the interest rate is 5%…

A: Amount =P×1+i100t P=principal i=interest and t=time Here, P=present value and Amount=Future value…

Q: 10 9 8 7 6 5 4 3 2 1 AS AD Tools -9 QE QF

A: Introduction As measured by output, GDP is neither larger nor lower than GDP as measured by demand.…

Q: 1. Define each of the following terms: a. economies of scope experience good internal rate of return…

A: a. Economies of scope - Economies of scope states that when the production of one good reduces the…

Q: 3. A monopolist movie streaming service has two kinds of movies in its library- Action (A) and…

A: An individual would consume the good only when he/she values the good more than the price of the…

Q: Calculate the perpetual equivalent annual cost (years 1 to ∞o) of $950,000 now and $825,000, 5 years…

A: Answer; Value Now =$ 9,50,000   Value Five Years From Now = $ 8,25,000   We Have To…

Q: Which of the following is NOT a method by which the Fed increases the money supply?   a)…

A: In the United States, Federal Reserve can implement monetary policy to make changes in the money…

Q: You are given the following consumption function: C = RM150 million + 0.75Yd   Based on the above…

A: Autonomous consumption is the consumption when you income is zero.Hence when we do not get income we…

Q: Which of the following statements regarding M1 and M2 measures of the money supply is correct? M1 is…

A: The economies are made up of various economic and financial entities, where the economies are…

Q: 1. Production Possibilities Frontier

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

Q: All of the following statements are true EXCEPT: Graph A Graph B Price Level LRAS SRAS Price Level…

A: Equilibrium in the short run occurs at the intersection of AD and SRAS curves.

Q: Making dresses is a labor-intensive process. Indeed, the production function of a dressmaking firm…

A: production function of a dressmaking firm=Q = L − L2800 where Q denotes the number of dresses per…

Q: If the AS/AD Equilibrium level of Real GDP is greater than the Full Employment Level of Real GDP,…

A: The economics as a study is based upon the basic idea of scarcity, which implies that the total…

Q: Question 9 If income decreases and prices are unchanged, the consumer’s budget constraint...…

A: Income decreases: It means purchasing power has fallen. At the same prices, the consumer can buy now…

Q: Investors typically use which of these ratios in their analysis of a company's earnings potential?…

A: The answers are: Price ratios Return ratios

Q: Consider the following utility function.   U=U(X,Y)=X0.2Y0.8   Find the marginal utilities.…

A: Utilty is defined as the satisfaction which the consumer gets by consuming the homogeneous units of…

Q: The market for tennis shoes in Valencia is such that 550 pairs are sold when price=$38 and 450 pairs…

A: Economists have discovered that the prices of some items are highly inelastic. A decrease in price…

Q: 2- According to purchasing-power parity, inflation in the U.S. causes the dollar to a) depreciate…

A: Under the concept of Purchasing power parity, by making use of approach of baskets of goods, the…

Q: Explain the likely impact on the price of taxi journeys resulting from the trends shown in Extracts…

A: Predatory Pricing : Predatory pricing is a pricing strategy that entails undercutting the…

Q: Briefly define economic growth

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

Q: You are the manager of Billy's Burritos, one of only two suppliers of tasty fish tacos in town.…

A: In Cournot duopoly, two firms compete in quantity and maximise profit by producing at MR=MC

Q: Question 22 Refer to Figure 3-1 in Question 16. Assume that Tom has an income of $50. Based on the…

A: Answer: Given, Price of tacos = $5  Total income = $50 Let us check whether the cost of optimal…

Q: 1) Consider a company that outputs 1,000 doohickies. The company's long-run production function is:…

A: Answer;

Q: Consider a bond without an expiration date that makes a fixed interest payment of $210 per year.…

A: Bond yield is calculated by dividing the face value of a bond by the amount of interest it pays to…

Q: Done 1 2 3 I Undertanding the determinants of Supply and Demand, and the impact on Changes to…

A: The correct answer is given in the second step.

Q: If you hold a bond at a time when the market interest rate is increasing, you will find that the…

A: Interest rate: - it is the percentage charge on the principal amount by a lender to a borrower Bond:…

Q: Inflation The consumer price index (CPI) of a certain country s given by I(t) = -0.02t³ + 0.4² +126…

A: We have  given CPI equation for t=0, 1, 2, 3 and 4

Q: Thailand's 2018 per capita GDP in International Dollars is $11,000. Per capita GDP (PPP) is $32,000.…

A: The per capita gross domestic product (GDP) is a financial measure that calculates a country's…

Q: 2) Using the (simpler) demand function f(q) = { (1-q) for 0 ≤ q≤1 0 for q ≥ 1 and assuming three…

A: Given information Three producers = i,j,k Demand condition f(q)=1-q when 0=<q<=1 q=0 when…

Q: Assets Liabilities ves $ 2,700 Deposits $ 10,000 $ 7,300 ssets $ 10,000 Total liabilities $ 10,000 e…

A: The banking  system has power to increase the money supply through the credit creation. Capacity to…

Q: oblem 14.044: Calculate the purchasing power with respect to today's dollar just made an investment…

A: We need to calculate the purchasing power of $ 3 million in today's dollars after 20 years if the…