Gourmet Bangus can produce 800 bottled gourmet bangus in one-half with five (5) workers. What is the labor productivity?

Q: 15. With the economy in a recession due to inadequate demand, the government increases its purchase ...

A: Aggregate demand is a sum of consumption spending, investment spending, government purchases and net...

Q: Question 3 In an OLG model with money: Each gen picks 12 banans when young, 0 bananas when old. Cent...

A: The overlapping generations model (OLG) is based on three factors: 1. Human behavior's way of life 2...

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A: Introduction Two country Bangladesh and South Korea produce two commodities smartphone and travel ba...

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Q: What does the Powerbar model tell us about how creativity fits into a market economy?

A: Ans-    Market power model means a broader market which existing rebranding bar.  It is constant wit...

Q: Lecture question 4.What is the 2008 peak price in today's dollars? Nominal price CPI July 2008 Febru...

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A: A resource is anything we use or rely on in order to accomplish a task. A dictionary is a useful too...

Q: Which of the following describes translation risk? A   The risk of companies is unable to raise fo...

A: Translation risk is Foreign Exchange Balance Sheet Risk. 

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A: Marginal revenue refers to the gain of additional revenue from each additional unit sold of a good. ...

Q: When the inflation rate is expected to exceed the target rate by a significant margin, the SARB will...

A: Inflation is typically defined as a broad measure, such as the overall increase in prices or the cos...

Q: demand is a. perfectly elastic. O b. unit elastic C. elastic. inelasti.

A: Price elasticity of demand is the ratio of the percentage change in quantity demanded of a product t...

Q: Interest represents a) a cost to lenders and a reward to borrowers. b) the optimal rate of investmen...

A: Answer: Interest: Interest is the amount that is paid to savers of funds and the cost for the borrow...

Q: Directions: Use the given scenarios and the information you have learned about Fiscal and Monetary p...

A: Given information Increase in price by 4% GDP increase by 5% Unemployment rate =1.3%

Q: This module considers important concepts in economics: Total Utility, Marginal Utility, Diminishing ...

A: Law of diminishing marginal utility states that with every additional unit consumption of a goods th...

Q: directions: Use the given scenarios and the information you have learned about Fiscal and Monetary p...

A: When an economy grows faster than its potential, actual production exceeds potential output at full ...

Q: 2. Is there any dominated strategy in the following table. If there is or not explain you answer in ...

A: A dominant strategy is a fixed and best strategy of a player whatever the other player's move in the...

Q: Suppose you were in charge of establishing economic policy for a small island country whose only ind...

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Q: Find the present worth today in real value corresponding to the cur- rent values shown below for a 4...

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Q: 8. The Ajax Manufacturing Company is selling in a purely competitive market. Its output is 100 units...

A: An ideal market system is referred to as perfect competition. There are no monopolies in a free mark...

Q: Which of the following adds to US GDP? O A I chop down a tree on my property and build a table. A si...

A:     GDP includes market value of all good and services produced within the boundaries of the country...

Q: 4. Compare the accumulated values at the end of 5 years if P100,000 is invested at the rate of 12% p...

A: Interest rate is income earned on the amount invested for certain period compounded. In this case ea...

Q: Please be brief and no more than 3 sentences are expected. 1. Why economic growth differs among coun...

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

Q: Please be brief and no more than 3 sentences are expected. 1. Why economic growth differs among coun...

A: Brief and point to point explanation for both the question is as :-

Q: You work for the only car rental company at an airport renting identical mid-size cars. They want to...

A: Price discrimination is a marketing approach in which a vendor charges varying prices for the same p...

Q: Assuming a unitary elastic demand and supply, a tax on the sellers of coffee will cause the price bu...

A: Equilibrium is at a point to demand come into six the supply curve. When the tax is imposed on the g...

Q: The market (inverse) demand function for a homogeneous good is P(Q) = 10 – Q. There are two firms: f...

A: Total cost is the expenditure of converting raw material into finished goods. It means the expenditu...

Q: The relationship between international aid and economic growth for less-developed countries is O a) ...

A:

Q: Private firms that accept deposits and extend loans are known as a) mutual funds. b) banks. Oc) secu...

A: Mutual funds is that types of funds in which investors invest in  many type of Assets,  in generally...

Q: Using the table below indicate which firm has (i) diseconomies of scale and (ii) constant returns to...

A: Diseconomies of scale happen when an organization/business develops so huge that the expenses per un...

Q: Select the correct statement/statements which are correct as per the famous 'Say's Law' using the co...

A: Answer: The correct option is: (d) 1, 2 and 3

Q: Short-run and long-run effects of a shift in demand Suppose that the tuna industry is in long-run eq...

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Q: 5. The gross domestic product is: a. 86,157.5 b. 88,404.5 c. 92,925.9 d. 95,708.2 e. 82,808.5

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Q: Joe is a college football player considering whether to attend another year of college or to enter t...

A: When talking about marginal analysis in economics, it refers to analyzing the cost and benefit assoc...

Q: .At a certain interest rate compounded annually, P100,000 will become P450,000 in 15 years. What is ...

A: We have given that  Present value P =100,000 Value after 15 years =P450,000 We have to find value at...

Q: 1. Explain the Theory of Production in Microeconomics. 2. Differentiate labor-intensive and capital...

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Q: Consider a game between 2 payers (Ann and Bill) where each chooses between 3 actions (Up, Middle and...

A: For the following game : Number of players - Ann & Bill Strategy set of Ann = Strategy  set of B...

Q: Please help with the following question. You are able to sell 15 gallons of ghost pepper sauce per m...

A:

Q: Questions : A German travel company decides to stop selling holidays in Ital and instead to offer ho...

A: All a,b, and c answers given below,

Q: How does equilibrium occur in the market?

A:   Meaning of Market: The term market refers to the situation under which the producers or the seller...

Q: Is the statement below true, false or uncertain? Explain your answer. Note: Include a diagram as par...

A: Interest Rate refers to the cost of borrowing or the return on lending of money. It is basically the...

Q: Suppose that in Japan, without a tariff 10,000 cars will be sold per year at an equilibrium price of...

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Q: Consumer has utility function ln(c1)+beta*ln(c2), where beta=1. Interest rate i=50%. Income y1=10 ...

A:

Q: 2) In the same economy, the nominal wages are determined by the price level (), unemployment rate ()...

A: The  equation W/P = f (u, z) is a wage-setting equation. When the WS relation equals the price-setti...

Q: "Costs do not affect the market price" is this statement right or wrong? Show your work

A: Answer: According to a prior research of price determination in the market age, production expenses ...

Q: 4. The catch-up effect Consider the economies of Sporon and Tralfamadore, both of which produce gagg...

A: "The catch-up effect in development economics indicates convergence i.e. over time poorer nations te...

Q: What is the approach of Switzerland on its fragile relationship with the EU?"

A: Switzerland's economic and trade ties with the EU are primarily managed by a series of bilateral agr...

Q: In March 2022 the Bank of Canada (BoC) increased its policy interest rate in an effort to increase i...

A: The aggregate supply is the total amount of services and commodities that firms in an economic plan ...

Q: tion 8 In an OLG model with money: Each gen picks 12 banans when young, 4 bananas when old. Central ...

A: Introduction In OLG model, young generation save money in their young times and consume their saving...