1. How useful or informative do you think psychological and honesty tests are? Is their use a reasonable business policy? Assuming that tests like those described are valid and reliable, are they fair? LOr uh Do think tontn liko thoco a that not?

Q: What are all the economic market structure and their differences? How to identify the market struct...

A: Dear Student as you have posted multiple questions, but we can attempt only 1 question at a time acc...

Q: Suppose a monopolist faces two groups of consumers. Group 1 has a demand given by P1=50-2Q1 and MR1=...

A: Being a single seller in the market, the monopoly can charge price greater than marginal cost to max...

Q: I Nam's Marshallian demand function for good X and Y is given by: X* = Suppose that P-3, a = 0.7, B ...

A: "The own-price elasticity of demand of good X measures how quantity demanded for good X change when ...

Q: The price p (in dollars) and the quantity q sold of a certain product obey the demand equation q  − ...

A: Revenue is the product of price and quantity. To get revenue function, first derive the inverse dema...

Q: Suppose that $30,000 is borrowed today at 12% interest. The loan is to be repaid by uniform annual p...

A:

Q: 3. Consider two firms that simultaneously choose quantities q1, 42. The price per unit is specified ...

A:

Q: Marketers have found that, as they've aged, baby boomers have become less interested in fashion-rela...

A: Baby Boomers: The time period between 1946 to 1964 refers as the baby boom time period because durin...

Q: A firm in a perfectly competitive industry is currently producing 1,400 units per day at a total cos...

A: A perfect market, also known as an atomistic market in economics, is defined by several idealising c...

Q: Christ Embassy ICA CHORCHS Complete the fallowing coA schedules LoutPutioalcostlAverage coA Marginal...

A: Average cost is minimum at output 4 where AC = 20/4 = 5. MC is minimum at output 4 where MC = 2  

Q: Country A and country B both have the production function                                           ...

A: Production function in both countries :    Y= F(K,L)= K 1/2 L 1/2  Converting this PF into per capit...

Q: Which of the following would shift the long-run Phillips curve to the left? a) A change in the expec...

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

Q: Suppose a perfectly competitive industry has 300 identical firms in the short run. Each firm faces a...

A:  A perfectly competitive firm produces homogeneous goods which makes them price takers 

Q: The table below has in the first column the expected inflation rate and the second column contains t...

A: Real interest rates are the ones which take into account the inflation rate while nominal interest r...

Q: 8.6 (LG 8.9, 8.10) Calculate the CTF and CSF for each of the following: a. Tax rate of 50 percent, C...

A: In the mentioned question we have to calculate CTF and CSF. CTF = Capital Tax Factor  CSF = Capital ...

Q: A local company assembling stereo radio cassette produces 300 units per month at a cost of P800 ner ...

A: Break-Even Point The break even point is basically the production level at which total revenues equa...

Q: How does a market failure cannot deliver theoretical benefits and what are its effects on the econom...

A: Market failure is a balance designation of assets that isn't Pareto Optimal - the likely reasons for...

Q: Which of the following is not a function of the central bank? Select one: a. The issuance of bank no...

A: Federal reserve bank, Fed is the central bank of US.

Q: q bos ame imse nodudidnoo rip) aigam-Jeerigiri erlt to eelsa rlau9 aiaylens nigneM When a business h...

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

Q: For a price searcher utilizing a simple (uniform) pricing scheme, which statement best expresses the...

A: Marginal cost is the additional cost incurred in order to produce an additional unit of output. 

Q: 1: Aggregate expenditure and Equilibrium output. Assume the following Consumption function (C) = 500...

A: At equilibrium, aggregate income is the sum of consumption, investment, government spending and net ...

Q: How does covered interest arbitrage affect the exchange rates

A: By understanding the interest arbitrage and bringing in the interest arbitraging interest rate diffe...

Q: Michael started to work in 2001 at an annual salary of £20500, she received a £1100 raise each year....

A: Here, it is given that the initial amount of salary received by Michael is £20500  in 2001 and he re...

Q: Your uncle has just purchased a wheat farm and wants your advice on how he should price his product....

A: 1. There are large number of sellers. There are large number of buyers. 2. All the sellers sell homo...

Q: Gooble Pay is a pay-per-view movie provider that has zero marginal cost and faces the following (inv...

A: Given; Demand function; P=20-0.4Q Marginal Cost; MC=0 At optimal pricing:-                          ...

Q: Which of the following is an example of diffuse reciprocity? Group of answer choices (pick one) a....

A: Diffuse reciprocity Diffuse reciprocity is a mindset, a readiness to contribute without expecting a ...

Q: Suppose XYZ Corporation's stock price rises or falls with equal probability by $25 each month, start...

A: A stock refers to a financial instrument that represents the ownership share in a firm.This allows s...

Q: What is the CPI inflation rate from 2020 – 2021 and 2021 - 2022? What does it mean?

A: CPI Inflation Rate : Inflation measured  by consumer price index is defined as the change in the pri...

Q: 4) Suppose that we have the following data for Amazon operations in the US: Sales $469.8B $365.6B Co...

A: "According to the guidelines solution is given to the first question i.e. question 4." "Gross domest...

Q: Q TR TC MR MC S0 $10 1 $20 $15 $20 $5 $40 $25 $20 $10 3 $60 $40 $20 $15 4 $80 $60 $20 $20 5. $100 $8...

A: The producer will produce in order to maximise its profits. No producer will limit this goal. And th...

Q: Problem 4. (Bundling) Consider a case where there are three consumers with respective valuations for...

A: Answer - "Thank you for submitting the question. But, we are authorized to solve only 3 sub parts. F...

Q: n the Heckscher-Ohlin-Vanek model with trade a country that is labour abundant will     export the...

A: Heckscher-Ohlin-Vanek model states that trade results on account of the different relative prices of...

Q: Consider Figure 1 below: Supply 3,000 2,000 1,000 600 Demand 100 300 600 Q Figure 1: Rent Control Su...

A: Due to the rent control policy, change in SS can be measured through the following method: ∆SS = 12(...

Q: How do insurance companies make money?

A: As a for-profit firm, an insurance company must develop an internal business model that collects mor...

Q: If a bank has $32 million in deposits and the required reserve ratio is 4 percent, the bank's requir...

A: Required reserve ratio is the minimum requirement of percentage of deposits that banks have to hold ...

Q: Suppose a monopoly can sell 1 unit for $20, or 2 units for $15 each. What is the marginal revenue...

A: Marginal revenue depicts the extra complete revenue created by expanding item deals by 1 unit.

Q: A machine purchased for P150,000 its estimated life is 15 years, after which it will be sold for P40...

A: Sum of Years' Digits Depreciation Formulas The Sum of the years is calculated as 1+2+3+.......+n = n...

Q: A company has issued five-year bonds with the annual coupon and the repayment of principal linked to...

A: Given, Base inflation index = 100 Face value (principal) = £100 Coupon rate = 4.75% A) The inflation...

Q: Eyeglasslux is a single-price monopolist in the eye-glass frame market. It faces a Market demand giv...

A: Q=378-2P2P=378-QP=378-Q2P=189-Q2Now,TR=P×QTR=189-Q2QTR=189-Q22Thus,MR=∂TR∂QMR=189-Q

Q: Question:  Finn is in charge of decorations for an upcoming festival, and he is planning to decorate...

A: Setting up the Lagrange to maximize utility subject to budget constraint 

Q: Assume that the LM curve for a small open economy with a floating exchange rate is given by Y= 200r ...

A:

Q: 10. According to Simon Kuznets, a The main force behind economic growth is increases in the quantity...

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the exac...

Q: Assume that the following cost data are for a perfectly competitive producer: Total ProductAverage F...

A: Note:- Hi! Thank you for the question, as per the honor code, we are allowed to answer three sub-par...

Q: Unethical or ethical: Falsification of facts in order to deceive or confuse?

A: Facts In economics facts is defined as "self-interest of an individual or small group"In other words...

Q: 1. How is the preparation of a family budget an exercise in dealing with SCARCITY? What adjustments ...

A: Since you have asked multiple questions, we would be answering the first one for you. To get answers...

Q: Ecotripper Enterprises is the sole producer of Sunblast solar-powered skateboards, “The green alter...

A: Given, Demand function, P=120-0.5Q, Total costs, TC=100+20Q, and Marginal cost, MC = 20. a.) Total r...

Q: A consumers utility function is given by U(X1, X2)=Xa1X21-a where  A>0, 0<a<1 A consumer also faces ...

A: For finding out the demand functions, we need to put MRS equal to price ratio. MRSX1,X2 = p1/p2 MRSX...

Q: Suppose that the price of apples increases by 10%. Within a short amount of time, apple producers ar...

A: Elasticity of supply helps the producers in determining the production levels. It also explains how ...

Q: 3. A firm faces the following total cost function and inverse demand functions: C = 3Q2 + 30Q = 10Q ...

A: C=3Q2+30QP=10Q-13Q2+500QNow,TC=3Q2+30QMC=∂TC∂QMC=6Q+30Now,TR=P×QTR=(10Q-13Q2+500Q)QTR=10Q2-13Q3+500F...

Q: (2) The price p (in dollars) and the quantity q sold of a certain product obey the demand equation q...

A: We have given that the demand function is q=800-20p             .... (1)  

Q: 5. Why do countries' governments impose commercial policies on international trade? Give one exampl...

A: The commercial policy implies the arrangement which is pronounced by the public authority to control...