In most markets, independents are the most common form of retailer. Why is this the case?

Q: The table below shows the monthly cost of producing vintage model cars for collectors for quantities…

A:

Q: A consumer has a utility function such that the marginal utility for good x is given by MUx-(2y/(3x)…

A: Here, the marginal utility of X is given 2y/3x and marginal utility of Y is given as 1/y.

Q: small town.He sells whiskey in one-ounce glasses. For simplicity, let’s assume it doesn’t cost Jack…

A: Both part solved below,

Q: A person receive a phone call from the Registrar saying that he had not came to Companies…

A: Registration According to Section 5 of the Registration of Business Act of 1956, a company must…

Q: My utility function for apples (a) and bananas (b) is U(a,b) = a x b + b + 45. What would I most…

A: We have  Utility function: U(a,b)=a×b+b+45            .... (1)

Q: (2) Two competing firms are each planning to introduce a new product. Each will decide whether to…

A: The correct answer is given in the second step.

Q: What is a micro founded macroeconomic model? Why do we care about the predictions of these models?

A: An economic model represents the real-life scenario through the equation or graph.

Q: Given the demand functions,   (ii) P = 80 − 2Q,         (iii) P = 45 (a) Write down the equations…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: In the Salop model the price for a firm in a symmetric equilibrium is p (n) = c + where C is the…

A: Given information Inverse demand function for firm in symmetric equilibrium=P(n)=C+T/n Free entry…

Q: The next three questions pertain to the following normal-form game played by Pepsi and Coke: Coke…

A: The given game is a prisoner dilemma type of game.

Q: Use the data in the following table to calculate the refinancing rate (1) using the Taylor rule, and…

A: The Taylor rule refers to the model in econometrics which provides a relationship between operating…

Q: Explain the difference between Initial Margin and Maintenance margin in stock trading.

A: The stock market comprehensively alludes to the assortment of trades and different settings where…

Q: "Abu Dhabi munidipality is considering buying a truck to help maintain its highways for a very long…

A: Given: Annual Equivalent Costs: Alternative A: $10000 Alternative B: $13000

Q: y = (3 - x)6 + 7 apply the function in economic optimization concept

A: Function refers to the equation where the relationship between two or more variables are given. Some…

Q: Explain how the military arms race between the United States and the former Soviet Union had the

A: US versus Soviet Union: Prisoner's Dilemma In the early Cold War, the race for atomic…

Q: Instructions: If you are entering any negative numbers be sure to include a negative sign (-) in…

A: A variety of measures of national income and output are used in economics to estimate total economic…

Q: An increase in government spending would affect GDP if ?   the long-run aggregate supply is…

A: In an economy, the condition of goods market is explained by the intersection of aggregate demand…

Q: Suppose that there is a constant technological growth (g) and population growth (n) in a sample…

A: When the amount invested equals the amount of depreciation, the level of capital stock will remain…

Q: could you elaborate? or might as well explain the graph?

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: Explain the resource curse phenomenon and discuss how its effects can be be mitigated including the…

A: Answer- Oil curse is a very complex phenomena, because of poor management and investment by all oil…

Q: If the company ties the two products together, what price should the company charge for the bundle…

A: Production cost: Cost of raw material+direct labor+ burden during production.

Q: Suppose that Obdulia reflects the following preferences: U(x, y)= ln(x) + y, if Obdulia's initial…

A: Given information U=ln(X)+Y M=15000 Px=100 Py=150 P'x=80

Q: 1. What is PPP GDP and why do we need to use it?

A: 1. PPP GDP stands for purchasing power parity GDP, which is gross domestic product converted to…

Q: A bank account pays 3% interest with monthly com- pounding. A series of deposits started with a…

A: According to question, below information given : Interest rate (i) = 3% Monthly rate = 0.25%   and…

Q: d. If her marginal costs increase to MC2 will she reduce her output? (Click to select)

A: Given,

Q: true/false 1.  The "Marlboro Man" was an image of a cigarette smoking cowboy placed in rugged…

A: Since you have posted a multiple question, we will solve first question for you. In case you want…

Q: Instructions Fil in the blanks with the correct value (do not use decimals) Account Value Account…

A: i)Net Plant & equipment = Plant & equipment - DepreciationDepreciation =Plant &…

Q: Refer to Pessimism. How is the new long-run equilibrium different from the original one? O 1) both…

A: Due to pessimism, consumers will cut down their purchases of major items. This will lead to a fall…

Q: Do you think that labor unions in this country have too much power or too little power?

A: A labor union or industrial union is an association of labors that talks with the employers about…

Q: Which of the following is true?   Neither FGT(α=2) nor FGT(α=3) satisfy the transfer sensitivity…

A: The  transfer" axiom (also known as the Pigou-Dalton principle after the researchers who initially…

Q: Why do concentrated groups often tend to obtain more protection than wider spread groups?

A: In an economy, the government action is primarily based on the improvement in the overall social…

Q: A firm's production function is Q = 5 + 25L - .5L2 + 30K – K2, and its demand function is PQ = MRQ =…

A:

Q: Explain probability and nonprobability samplingtechniques.

A: Probability and Non probability Sampling Techniques are the sampling techniques used for research.

Q: A factory that you are managing has an hourly production process that can be represented by the…

A: Answer -

Q: An industrial plant bought a generator set for P90,000. Other expenses including installation…

A: We have given  Generator cost =P90,000 Installation cost =P10,000 Life of generator set =17 years…

Q: Heavy buying of the 3-month Treasury bill, considered one of the safest investments aroun a…

A: Government bonds or debt securities with a maturity of less than a year are considered short-term…

Q: Which of the following statements about Type I and Type II errors is correct:   a Type I:  Do not…

A: Null hypothesis is a hypothesis that says there is no significant difference in a set of…

Q: Answer the following options Q#9) What has been true about the long term growth rate and growth…

A: GDP is the monetary worth of all products and services generated inside a country's borders in a…

Q: Suppose computers are imported into the US from Japan and face a tariff of $75 each. Assume the…

A: The answer is as follows:-

Q: Suppose there is a small town with two high-end restaurants. Suppose additionally that a major…

A: Since the question you have posted consists of multiple parts, we will answer the first three parts…

Q: QUESTION 7 Which of the following pictures best describes the impact on the labor market of an…

A: Unemployment insurance benefits that are more generous improve the functioning of the labour market…

Q: The following table provides the Consumer Price Index (CPI) and GDP Deflator for the United States…

A: Consumer price index includes goods and services consumed in the economy and GDP deflator includes…

Q: 4. An industry has 50 perfectly competitive firms, which have the cost function c(y) = 100 + 0.25y2.…

A:

Q: Now,suppose N=3 with a market clearing interest rate. The first two agents are the same as earlier.…

A: At the point when the government is running at shortage budget than the public investment funds…

Q: A master production schedule is most likely to be useful in O identifying erroneous journal entries.…

A: The Master Production Schedule (MPS) is a component of production planning that specifies which…

Q: Find the Nash equilibrium outcome for both treatments of the multi-stage bargaining game. In the…

A: Nash equilibrium is a concept in game theory that states that the best outcome of a game is one in…

Q: Suppose the current spot exchange rate for the Chinese yuan is USD 0.15 per CNY. If the domestic…

A: Given,  Current spot exchange rate for the Chinese yuan is USD 0.15 per CNY.  Domestic prices of…

Q: Which of the following appears to be a safe assumption when there is no difference between the…

A: The rate at which one currency of one nation may be exchanged for another is known as the exchange…

Q: Why do externalities cause market failure? What types of government actions or regulations can be…

A: The answer is as follows:-

Q: The sensitivity graph of a project is presented below: Sensitivity Analysis Q6 Graph.pdf 70 What is…

A: Slope of a line is defined as the steepness of the line. It is the ratio of the rise with respect to…