Suppose that scientists find evidence that proves tattoos improve the body’s immune system. What would we expect to see?    A. a decrease in the demand for tattoos  B. no change in the demand for tattoos  C. an increase in the demand for tattoos  D. a decrease in the supply of tattoos

Q: You have an investment account that started with $4,000 10 years ago and which now has growh a. What…

A: a) Given that, Investment value at year 0 = $4000 value of investment at year10 = $110000 Annual…

Q: dv scarcity a. A system used to manage limited resources for the production, distribution, and…

A: a.  Economy : A system used to manage limited resources for the production, distribution, and…

Q: Identify the parts of the business cycle 1-7 Real GDP # 5 #6 #1 Real GDP # 2 #7 # 4 Time

A: In economics, the business cycle is the diagram that helps in understanding the periods of…

Q: A two-good economy is in a competitive equilibrium. The price of a piece of candy is $2 and the…

A: Competitive market: - it is a market condition where there are many buyers and many sellers in the…

Q: Bill is a professional photographer. His camera is broken, and he needs a new one within the next…

A: Willingness to pay (WTP) shows the maximum price that the buyer or consumer is ready to pay to get…

Q: Draw a supply and demand curve for your favorite product. You get a massive raise at work, what…

A: ANS A massive raise at work will increase the income earned by the consumer as a result the consumer…

Q: If the MPC is 0.7 and investment increases by $4 billion, the equilibrium GDP will Multiple Cholce…

A: Aggregate demand refers is the overall demand for goods and services in an economy. The aggregate…

Q: In September 2008, the growth rate of the M1 money supply was zero, while the growth rate of the M2…

A: September 2008 data:- Growth rate of M1 = 0 Growth rate of M2 = 5% July 2009 data:- Growth rate of…

Q: For these examples you will be looking at the hamburger (a normal good) market. Identify the…

A: Normal goods refer to those goods that show a positive relationship between income and demand for a…

Q: Gube asap urgent request

A: Economic growth means the creation of new products and the increased consumption of them by the…

Q: Let the production function take the general Cobb-Douglas form, q = AL®K®, %3D where A is a positive…

A: q=AKaLbDifferentiate with respect to L to get Marginal Product of Labor…

Q: The following table shows Ellie's utility from consuming slices of pie and cans of Dr. Pepper. 5-…

A: The demand curve is the willingness and the ability of a consumer to buy a commodity at a different…

Q: Consider a good for which the per-period inverse-demand is p = v − Q. There are two periods and no…

A: ***Since the student has posted multiple subparts, hence the expert is required to solve only the…

Q: c. There is an increase in the wage rate for automobile manufacturing workers. Labor demand Quantity…

A: A good rise in wages is an advantage for the consumers but can be expensive for the producers, as…

Q: For the net cash flows shown, find the external rate of return with a reinvestment rate of 15% per…

A: Given:- Investment rate=15% To calculate:- External rate of return=?

Q: The government of Rohan has has recently increased the amount of taxes that it collects from its…

A: The demand curve in loanable funds market represents demand by businesses for investments and…

Q: The following are national Income account data for a hypothetical economy In billions of dollars:…

A: Answer to the question is as follows:

Q: Match the unemployment example to the correct unemployment type High School graduate looking for a…

A: Unemployment refers to when someone who is willing and able to work is unable to find a job.

Q: Show the effect this hurricane on the sweat shirt

A: If a hurricane hit North Carolina and damages the crop of cotton then there will be an increase in…

Q: The following graph shows the short-run average total cost curves and the long-run average cost…

A: Answer: (1). According to the above figure, if the firm wants to keep output at the current level…

Q: ffect of Price on Supply of Tires Suppose the quantity x of Super Titan radial tires made available…

A: given that the equation is  p-1x22=48 also price per tire is decreasing at the rate fo $6 per week

Q: Compare the profits of Firm A when both firms respect the collusive agreement to the profits of Firm…

A:

Q: c. Find the profit and the instantaneous rate of change of profit at a production level of 800 car…

A: Profit is said to be the revenue generated by a firm over its cost, which can be calculated using…

Q: The inflation rate is 6 percent a year, the unemployment rate is 4 percent, and the economy is at…

A: The Short-run Phillips curve shows that there is an inverse relationship between the unemployment…

Q: 13 Experience curve Which phenomenon is illustrated by the experience curve? O businesses become…

A: In economics, experience curve is the curve used to explain the economic relationship between total…

Q: One of the important contributions of behavioral economics is the focus on how people make decisions…

A: Behavioural economics is related to psychology which combines element of economics that how and why…

Q: 7. The Phillie Phanatic always eats his ballpark franks in a special way- I foot-long hot dog…

A: DEFINITION A production possibilities curve in economics computes the maximum output of two products…

Q: The table below presents the production possibilities schedules for the cities of Venice and…

A: Opportunity cost is the cost that is given in order to obtain more of a desired good. When a choice…

Q: First Call, Inc., a smartphone company, plans to build a factory-one that costs $14 million if the…

A: Market for loanable funds determines equilibrium interest rate where demand for loanable funds is…

Q: ase go to www.federalreserve.gov e and briefly describe the structure of the U.S. Federal Reserve…

A: The central banking system of the United States of America is known as the Federal Reserve System.…

Q: Let's pretend the economy is in a horrible recession, inflation is rising, and interest rates are…

A: A recession is a period in which the output level is below the potential level of output and the…

Q: You play the following game: At each time t = 1,...,n, you see a prize of value of xt, and you need…

A: Many aspects of modern civilization are influenced by game theory, from pricing techniques and…

Q: Refer to the data in the table given below. Suppose that the present equilibrium price level and…

A: We have been given that dataset C is the relevant aggregate supply schedule. We can see that the…

Q: Required information Problem 05.030 DEPENDENT MULTI-PART PROBLEM - ASSIGN ALL PARTS An electric…

A: i = 13%   The analysis will be for 8 yrs.

Q: Exercise 5 For each of the production functions below: (1) find the marginal product of labor (i.e.,…

A: Production function : q (L ,K ) = 5L0.75K0.25Where , L : labor input K : Capital input Hi there , as…

Q: What is the right amount of variety? Can there be too many varieties of shoes?

A: The monopolistic competitive markets sell differentiated good and this concept of the differentiated…

Q: (a) Solve for the Nash equilibrium of the game including firm out- puts, market price, aggregate…

A: A market structure known as a Cournot oligopoly occurs when a small number of enterprises…

Q: I) The figure below shows a market in which there is an externality. The curve S2 is parallel to S1.…

A: “Since you have posted a question with multiple sub-parts, we will solve first three subparts for…

Q: Pizzas are produced using capital as a specific factor and labor as a mobile factor. The graph below…

A: Pizza are produced using capital as a specific factor and labor as mobile factor.  Capital owner's…

Q: In today’s healthcare environment, what are two or three changes that have been most upsetting to…

A: The "healthcare environment" refers to the context in which healthcare services are provided,…

Q: A new worker safety regulation will increase the marginal cost of extracting crude o from the…

A: Executing wellbeing and security in the working environment helps to evaluate possible dangers and…

Q: Consider the market for hamburgers in an economy where the market equilibrium is characterized by a…

A: For an efficient market the cost should be equal to the benefit. In the above scenario the market is…

Q: Colleges and universities use such things as grade point averages and standardized test scores as O…

A: Rationing is a term used in economics to describe the artificial management of commodity supply and…

Q: When countries specialize in producing goods for which they have a comparative advantage and then…

A: The ability to create goods and services at a lower opportunity cost, not necessarily at a higher…

Q: Consider the hypotheses shown below. Given that x= 119, o = 25, n= 40, a = 0.10, complete parts a…

A: Given  x=119,  σ =25,  n =40 and α=0.10 H0= 128H1≠128

Q: (Figure: Price Discrimination 2) The following figure shows a business that price discriminates. The…

A: Price discrimination is charging different prices for different customers and discriminating on the…

Q: 1. Consider preferences for cookies (on the x-axis) and ice cream bars (on the y-axis) for different…

A: Here are the indifference curve maps for each scenario:Perfect substitutes (2 cookies equal 1 ice…

Q: correct

A: The solution provided is an detailed one and has been reviewed again.