Q: Write short notes on International Trade theories
A: International trade refers to the purchase and sale of products and services by firms in different…
Q: 2. Why are telecom industries across different economies in the world, in general, oligopolies?
A: An oligopoly is a form of market structure in which there are few large sellers for a homogeneous or…
Q: Draw a production possibility frontier. The vertical axis shows the production of public sector…
A: Since you have posted multiple subparts, as per the guidelines we can solve only the first 3…
Q: Describe the business environment in the city or country that you live in. You should explain…
A: Private and public sector businesses coexist in India's commercial environment, where the average…
Q: The unemployment rate is the percentage of people in the labor force who are unemployed, calculated…
A: Meaning of Labor Economics: Here, the term labor economics describes "how efficient the manner of…
Q: In the diagram to the right, we have five different combinations of movies and books. Combination A…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Some in the academic world contend that corporate risk management is a zero-sum game. Discuss.
A: The academic world generally believes that the goal of risk management is to minimize the negative…
Q: To secure a return of 4%, at what price should a bond be purchased if it is redeemable at P 1,000 in…
A: So, to secure the return of 4%, at what price should a bond be purchased if it is redeemable at P…
Q: Question 2: Suppose Tom has following perfect substitute preference. Sketch Ollowing curves (good 1…
A: U(q1 , q2 ) = q1 + 2q2 Above utility function represents perfect substitute preferences in which…
Q: 2) Given the following supply and demand functions: Supply : Q = 15.90 + 0.72 P G + 0.05 Po Demand :…
A: The equilibrium occurs where the demand and supply are equal. The shortage will occur if supply…
Q: KYC Policy Know your Customer What is the registration process to be tether customer?
A: Know Your Customer (abbreviated as KYC) refers to an approach of gathering information related to…
Q: Q4 Michael spends all of his money on yams and pudding. His utility function is y-5 2p-5, MU, Op O…
A: Michael's utility function U=p0.5y0.5 Marginal utility of good pudding MUp=y0.52p0.5 Marginal…
Q: Sven, Andrew and Becky each have an income of $5. Initially the price of commodity x and the price…
A: We know that the budget of a consumer is given by: M= xPx + yPy , where, M= Money income of the…
Q: Evaluate a combined cycle power plant on the basis of the Present Worth Method (PW) when MARR is 12…
A: Investment Cost = 12,693 Salvage Value = 3,000 Annual Operating Cost = 1000 Overhaul Cost (end of…
Q: 2. Suppose a new miracle pill is discovered that increases both the marginal health effects of…
A: Since you have asked us only to answer parts C and D, we will be answering all the parts since we…
Q: It takes one hour to travel from Manila to Laoag by air, but it takes 10 hours by bus. Airfare costs…
A: Opportunity cost is the cost in terms of other goods for eg: here time. We can go either by bus or…
Q: What are the main reasons/statistics that have encouraged the government to look at student debt…
A: The default rate is rising, and many graduates are struggling to repay their loans. Graduate…
Q: A fixed capital investment of 12,000,000 pesos is required for a production plant and an estimated…
A: The net gain or loss of an investment over a given time period, expressed as a percentage of the…
Q: ASAP. Use 2 decimal places for the final answer 5. If I loaned an amount of P50,000.00 with an…
A: The detailed answer is given below. Explanation:
Q: 17. The table sets out the supply schedule of jeans. Price (dollars per pair) 120 125 130 135…
A: Price elasticity of supply refers to the sensitiveness in quantity supplied due to change in price.…
Q: J09
A: We know that Great skill entrepreneurs have the power to alter the manner we tend to live and work,…
Q: Use the table to answer the question. Number of Workers 10 O b O c d 20 30 Output (thousands) $0.43…
A: Number of workers Output Fixed Cost Variable cost 10 3 2000 100 20 5 2000 200 30 6 2000 300
Q: 5) Consider a market characterized by the following inverse demand and supply functions: Px = 10-2Qx…
A: # demand function : P = 10 - 2 X # Supply function : P = 2 + 2X
Q: The following graph shows the market for roses in 2008. Between 2008 and 2009, the equilibrium price…
A: The demand for a decent is an inverse function of its price while the supply is a positive function…
Q: B. Bob consumes two commodities: x and y (say, chocolate and classical music). More y never hurts,…
A: An indifference curve depicts a combination of two products in varied proportions that offers a…
Q: The graph below shows the market for labor (coal miners). New coal-mining equipment is invente that…
A: Demand curve is downward sloping and it shows an inverse relationship between price and quantity.…
Q: a. What is the sample range? b. If you would like to construct a frequency distribution table with 6…
A: Sample range = maximum value - minimum value = 13.5 - 5.2 = 8.3
Q: he base year is 2020. GOOD QUANTITY (2020) PRICE (2020) QUANTITY (2021) PRICE (2021) RULER…
A: The real growth occurs in the form of rise in the production of goods and services. The nominal…
Q: International Business Why do firms conduct international business? Require about 200 words. DO NOT…
A: There are several reasons why firms conduct international business but the main reason is to…
Q: c. Describe the relationship between the size of the employment rent and (i) the expected duration…
A: The labour supply is the total number of hours that people are able and willing to work for a…
Q: If net investment in 2012 is $350 billion and gross investment in 2012 is $500 billion, depreciation…
A: The answer to the question is as follows:
Q: Suppose, the current year is the base year for the price index calculation, and a. Calculate the…
A: The inflation rate refers to the increase in the prices of a bunch of different goods and services…
Q: For the cash flows shown in the diagram, determine the value of x and 2x that will make the future…
A: The formula for the future value is given as: => F = P(1+R)t Where F : future valueP : present…
Q: what is a gig economy
A: Gig economy could be understood as the type of economy where the work is not given on permanent…
Q: Suppose that a firm is producing in the short run with output given by: Q=250L-15L², The firm hires…
A: Given information: Q = 250L - 15L2 Where Q is quantity and L is labor ------------ The firm hires…
Q: A manufacturer has a steady annual demand for 11,520 cases of sugar. It costs $5 to store 1 case for…
A: Annual demand = 11,520 cases of sugar costs $5 to store 1 case for 1 year $ 32 set up cost to…
Q: To convert the original earnings of Nelson, Miller, and Kite, use the formula for converting dollar…
A: The Consumer Price Index estimates the general change in consumer prices in light of a delegate…
Q: Company Liam purchased a machine that needs maintenance as long as it is in use, which can be…
A: Nominal interest rate = 12%, compounding quarterly So, Monthy rate of interest (R) = (1+12%/4)^(1/3)…
Q: Figure 1 The production possibility frontier ABCDE is a production possibility frontier. It shows…
A: The Production Prospects Frontier (PPF) is a chart that shows every one of the various mixes of…
Q: Again consider an extension of the Stag Hunt game. There are N = 3 hunters. This time each hunter…
A: In game theory, a Nash Equilibrium is a set of tactics. According to the Nash Equilibrium, the best…
Q: A certain property is being sold and the new owner received two bids. The first bidder offered to…
A: Compound interest:- The interest on loans or deposits that are calculated using both initial…
Q: Economic activity that is above potential output signals that potential output is about to increase…
A: “Potential output is defined as the maximum amount of goods and services an economy can produce or…
Q: Suppose a monopolist M sells two products, X and Y. • Demand for X is qX = 1000 − pX − 1/2pY •…
A: Information given in question states:- Demand for X is qX = 1000 − pX − 1/2pY Demand for Y is qY =…
Q: Household final consumption expenditure General government final consumption expenditure NPISH final…
A: The Gross Domestic Product (GDP) is the measurement of the monetary value of all the final goods and…
Q: 7. The Grip of Gas U.S. drivers are ranked as the least sensitive to changes in the price of…
A: "Price elasticity of demand for a commodity measures the responsiveness of change in demand of that…
Q: The university states that emergency medical technicians ne be at all games to tend to medical…
A: Introduction: The elasticity of demand depends on the availability of substitutes. For instance, if…
Q: 3. Ramoncito deposited P15,000.00 today and he deposited the same equal amount each month for the…
A: a. The value of the 10 equal deposits after 9 months from today is P130,000. b. If Ramoncito failed…
Q: Vince loaned a certain amount from a cooperative and promised to pay it back with 2.33 times his…
A: Loan Amount = A Maturity Amount = 2.33A r = 10.42%
Q: 14. Mr. Reyes borrows P600.000 at 12% compounded annually. agreeing to repay the loan in 15 equal…
A: Given, Amount Borrowed (P) = P600,000 Rate of Interest (i) = 12%, compounded annually Number of…
Q: Refer to the following table when answering the following questions. In this economy, only two goo…
A: A statistical tool known as an index number measures the degree of change in a variable or group of…
How will the government alter the demand for or supply of computer chips to solve the problem?
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