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A: "Correct option is I-3,ii-4, iii-1, iv-2."
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A: Marginal cost is the cost of producing an additional unit of goods. It is a U-shaped curve. Initiall...
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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: All answers for 31 32, 33 given below,
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A: Given information X bundle x=(20,5,7) at competitive prices p=(2,1,5) Y bundle y=(15,10,6) at comp...
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A: Commoditization is the process, by which was a once-unique or inventive product or service, now beco...
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A: A monopoly is a sole producer of a good in the market thus acting as a price maker whereas in a comp...
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A: Please find the answer below.
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A: Correct option is the last option i.e. "An increase in both the budget and current account deficit."
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A: In the foreign exchange market , an increase in U.S. interest rate leads to rise in exchange rate be...
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A: Initial value of GDP is $2620. To find future value of GDP we use the compound interest method.
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A: Consumer surplus are the monetary benefits that the consumer receives while buying goods and service...
Q: In an OLG economy, each generation is able to achieve balanced consumption pattern with the help of ...
A: "Correct option is C."
Q: Now suppose that households in this economy allocate each additional dollar of income in the followi...
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A: Given that, G= 500 A1= 800 Time=23 years
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A: Answer: Aggregate demand: aggregate demand refers to the total demand for goods and services produce...
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A: Time value of money shows how two same amount of money in different time have different value .
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Q: Engineering economics Topic: Deferred annuity Question: Find the present worth of a series of equal ...
A: Given the quarterly payment, A = 750 Number of compounding periods, n = 18 years x 4 = 72 Interest r...
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Q: Which of the following examples comes closest to a perfectly competitive market
A: Perfect Competition : It is a market form where there are large number of buyers and sellers selling...
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A: The curve that depicts various quantities being demanded by individuals at various levels of price i...
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A: A monopoly firm is a firm that has control over the market supply. This happens because a monopoly f...
Q: If the demand for a good is inelastic, an increase in the price of the good will cause the total exp...
A: To find : Total expenditure of consumer of the good.
Q: 11. Describe what happens to quantity of labor supplied when wages are at the equilibrium level, abo...
A: Labor: - labor is one of the factors of production, any physical and mental work by humans against a...
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A: We know that a perfectly competitive market is a market condition where many buyers and sellers are ...
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A: Equilibrium is achieved at the output level where Qs equals Qd
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- Bob and Karen are both applying for a consumer loan. They both have the same current level of income and the same current level of debt. Why might Karen be more likely to get the loan if Karen is younger?Sometimes, lenders allow or require a downpayment before they extend you the loan. What would be the advantage to the lender? What would be the advantage to the borrower?Over the course of a recent six-month period, Google’scurrent ratio increased from 8.77 to 11.91. Does this makeGoogle more or less of a credit risk in the eyes of potentiallenders? Why?
