Assume that X=375, M-500, I-800 and C-1,000 +0.8Yd, G-1200, and T- 800, where Yd is disposable income. Solve for the equilibrium level of output.
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Q: Autonomous consumption = $1,000 Marginal propensity to consume = 0.75 Taxes = $800 Transfers = $300…
A: Autonomous consumption = $1000 Marginal propensity to consume = 0.75 Taxes = $800 Transfers = $300…
Q: 1. Suppose consumption C = 50 + 0.80 (YD), Government Purchases G = 50, Export X = 20, inflation…
A: Since you have asked multiple questions, we will solve first question for you. If you want any…
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A: Government spending multiplier = 1 / (1 - MPC) Tax multiplier = - MPC / (1 - MPC)
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A: Yearly Market Demand : Q = 100 - 0.75 P => P = 133.33 - 1.33 Q Marginal Cost = 7Q2 - 3Q + 6…
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Q: Economics Question
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Q: Consider the economy of Ghana. The consumption function is given by C = 400 + 0.8(Y - T). The…
A: Note:- Since we can only answer up to three subparts, we'll answer first three. Please repost the…
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Q: Assume that the four-sector model is at play. C+l+G. All expenditures are autonomous. Given: C= 700…
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Q: Suppose you have an open economy with Government sector imposing tax to finance its expenditures.…
A: Since you have posted a question with multiple sub parts we will solve only first three sub parts…
Q: Given the import function, Z = 300 + 2/3Y, which of the following statements is correct? (2) (a) The…
A: In an economy, import function provides information on the total products and services purchased by…
Q: Suppose market demand for oil is Q(P) = 100 - 0. 75P where Q is billions of barrels (BBL)or oil per…
A: According to the question ; Q(P) = 100 - 0.75 P MC (Q) = 7Q2 - 3Q + 6 or Yearly Market Demand : Q =…
Q: Consider an economy described by the following equations: Y = C + I + G Y = 6100 G = 1100 T = 1100 C…
A: new equilibrium interest rate can be defined as as the rate at which the quantity of money demanded…
Q: Suppose you have an open economy with Government sector imposing tax to finance its expenditures.…
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Q: Suppose you have an open economy with Government sector imposing tax to finance its expenditures.…
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Q: A. Assume that the four-sector model is at play. C+I+G. All expenditures are autonomous. Given: C-…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
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A: here we calculate the change in interest rate by using the MPC via Multiplier and choose the correct…
Q: Questión 3: Consider the economy of Ghana. The consumption function is given by C = 400 + 0.8(Y -…
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…
Q: Scenario 1: Individual Retirement Accounts (IRAS) allow people to shelter some of their income from…
A: There are various factors that affect the demand and supply of loanable funds.
Q: Import is M=50+0.25Y Government spending is G=150
A: Given : C=100+0.75Yd Taxes is T=50+0.5Y Export is X=200 Import is M=50+0.25Y Government spending is…
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- Given the input-output matrix below, find the output matrix if final demand changes to 500 for water, 180 for electric power, and 800 for agriculture. Industry Electric Power Industry: Water Electric Power Agriculture Other Water 200 100 300 400 The output matrix is X= (Round to two decimal places as needed.) 480 120 240 360 Agriculture Final Demand 180 240 120 60 290 140 600The demand for bricks depends on the price. A brick company can sell 500 000 bricks at $3.00 each. For every $0.10 the price is raised they sell 10 000 fewer bricks. In addition, the company's cost, C in dollars, of producing each brick is related to the number of bricks to be 主 sold, n, where C 25 1 000 000 a Create an equation to represent the company's profit, P, in térms of z, the number of $0.10 price increases, (Note: Profit will equal revenue coNt.) 6.find the selling price (to the nearest.cent) and number of bricks sold that wil lead to a profit of $740 000. < Find the maxlmum profit (to the nearest dola), as well as the selling price (to the nearest cent) and number of bricks sold that produce the maximumprefitFind the elasticity of scale and the elasticity of substitution for the CES production function (x1; x2) = (x1rho + x2tho 1/P, where 0 * p > !!!
- Company ABC sells 2 products : X and Y. The cost of product is for X is 400 pesos and Y is 300 pesos. The profit for X is 40 and Y is 30. The total demand for both products is 1,000 units. Production cost is 100,000 pesos. How many units that the company produce so that to earn maximum profit? Answer in mathematical expression, tabular form, constraint, and profit.N f = 0.75, = 10000, S= 0.04, G = 100, B T = 150, rr = 0.1, = 1000, cr = 0.5 1. Calculate the long-run equilibrium. For this, you need to find the equilibrium values of Y, W/P, C, S, r and I.How does the average hourly manufacturing salary in Australia affect cost efficiency? How does the average hourly manufacturing salary in Asia and nearby countries impact Ford's decisions to halt production? Elaborate and explain.
- K Given the input-output matrix below, find the output matrix if final demand changes to 400 for water, 180 for electric power, and 700 for agriculture. Industry: Water Electric Power Agriculture Other Water 120 120 240 720 The output matrix is X = (Round to two decimal places as needed.) Industry Electric Power 400 200 100 300 8 Agriculture Final Demand 180 240 120 60 260 170 5001. A firm’s production function is , where Ldenotes the size of the workforce. Find the value of MPLin the case when: (a) L=1, (b) L=10, (c) L=100, (d) L=1000 Does the law of diminishing marginal productivity apply to this particular function? 2. Show that the price elasticity of demand is constant for demand functions of the form where A and n are positive constants. 3. The demand and total cost functions of a good arerespectively and a) Find expressions for TR, (profit) , MR, and MC in terms of Q. b) Solve the equation and hence determine the value of Q which maximizes profit. c) Verify that, at the point of maximum profit, MR=MC. 4. The cost of building an office complex, x floors high, in a prime location in Accra is made up of three components: (a) GH¢10 million for the land (b) GH¢1/4 million per floor (c) Specialized costs of GH¢10000x per floor. How many floors should the office complex contain if the average cost per floor is to be minimized? 5. The supply…b Now suppose Q = 2L +3K. Let the market price of L be w = 5 and the price of K be r = 4. Let both L and K can vary with production. Compute the input demand functions as a function of Q. (4 Points) c Calculate the marginal cost and average cost of the above function in subpart (b). Show them graphically. At what prices of textile will the producer shut down production. (3 Points) d Now suppose Q = 10LK. The market prices of inputs are as in subpart (b) above. Compute the input demand functions as a function of Q. Find the optimal production when the price of textile is $10 per yarn. (5 Points)
- . An electricity producer has a constant marginal cost of production equal to $40 per megawatt. The residual demand for its electricity is given by P (q) = a−bq, where P is the price and q is the quantity of power generated by this producer. The producer knows the slope, b, but he vertical intercept of the residual demand curve, a is unknown. Assume A and B are greater than zero. If you get stuck, you may answer any of the following questions for special case where a = 80 And b = 0.5 for partial credit. (a) What is the marginal revenue, M R(q), for this producer? b) What is the optimal q for this producer? (c) What is the electricity producer’s optimal price? (d) What is the electricity producer’s optimal bid in a uniform price Auction? e) Suppose b is equal to zero. Would the producer have an incentive to submit a bid above its marginal cost? Explain.Assume that firm A is offered a supply of essential components by an outside supplier for a price less than the full cost of firm A making them. Explain why firm A might reject this offer.The following graph describes the domestic market for non-tradable input X that the Project is going to use. According to the graph the economic cost associated with the use of X by the project is the area ... Price N Supply A В R C E Demand (incl. the Project's demand) F Demand O G H K L Quantity OFRK HTRUL GMTRK GMRK
