ASSUME THAT A DECREASE OF 10% AND THE PRICE OF CARS RESULT IN AN INCREASE OF 40% IN QUANTITY DEMANDED THEN THE PRICEELASTICITIES OF DEMAND IS ?

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A: *Answer: 

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A: Given information

Q: Suppose you observe the time series of output y and real money supply M/ P reported in the Figure be...

A: Given information    

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A: The answer is - D. Caribbean nations

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A: * SOLUTION :-   

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A:

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A: Note:- Since we can only answer one ques at a time, we'll answer the first one. Please repost the qu...

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A:

Q: increases the supply of dollars in the foreign exchange market. O a. A rise in the expected future e...

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A: To find : What is implicit cost of production. 

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A: Answer -

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Q: 3

A: 7x + y + 3 = 0 ------------ (i)  2x + 5y – 11 = 0 ------------ (ii)  (1). Here, a₁ = 7, a₂ = 2, b₁ =...

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A: Marginal Revenue is the cash a firm makes for each extra deal. As such, it decides how much a firm w...

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A: Here, the given figure shows two productivity curves of an economy with real GDP on y-axis and capit...

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A: Answer -

Q: 2. Give an overview of the studies examining gender discrimination.

A: Gender equality is important. Girls and boys have equality of opportunity, which helps all students ...

Q: Define the opportunity cost . What is the significance of opportunity cost in economics.

A: Opportunity Cost Opportunity cost is the cost of next best foregone.When a person, an investor, or a...

Q: A monopoly has a demand curve given by P = 20-Q and its cost function is TC = Q2+70. Find the monopo...

A: Given The demand function for the good:       P=20-Q                 .... (1) Cost function:        ...

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A: Both questions answers given below,

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A:

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A: A natural monopoly is a monopoly that exists due to a higher fixed cost of production. This creates ...

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A:

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Q: 7. Find the utility for the following time-discounted situations ( U = 100 + E(100 - 50)0.95' %3D a.

A:

Q: Suppose you observe the time series of output y and real money supply M/ P reported in the Figure be...

A: According to the question, we need to find. Is there a chance that the shock will result in a long-t...

Q: Explain how non-discriminatory factors could contribute to differences between the average wages of ...

A: Discrimination according to gender causes a huge wage gap between men and women. Due to the discrimi...