yst, list

Q: What happens to people when a bank or buisness fails ?

A: If a bank fails, people demand their money from the banks and that actually worsens the situation fo...

Q: Dr. D. is a critic of standard microeconomic analysis.In one of his frequent tirades, he was heard t...

A: A supply curve is a line representing the level of goods and services that can be supplied in an eco...

Q: The word trap suggests that there may be a way to escape.Does developing countries can escape all of...

A: The developed and underdeveloped countries are considered as important for the world as well. The de...

Q: Currently, a monopolist’s profit-maximizing output is 400 units per week and it sells its output at ...

A: Total cost per week = $10000 Selling price = $60 per units. Total quantity = 400 units

Q: Price   Quantity Demanded Item   Last Month   This Month   Last Month   This Month ...

A: Elasticity of demand is said to be the ratio of percentage change in quantity demanded to price chan...

Q: Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. ...

A: So  FC=$6 VC=7×$10       =$70  

Q: explain how marketers practice the societal marketingconcept and sustainability

A: Societal marketing concept: The societal marketing concept focuses on achieving the aspect of social...

Q: What is meant by the cost of living? Describe the cost of living in the state of New Jersey.

A: Cost of living can be explained as the money required for the expenses incurred on the basic ameniti...

Q: 10 A E D U. cheeseburgers 5. B. 2. 43 pearl shakes

A: In the question, the consumer has choice between 2 goods, which are Cheeseburgers and Pearl Shakes. ...

Q: What do you mean by internal rate of return (IRR)? Find the IRR of an investment having initial cash...

A: Rate of return: It is the profit on an investment.

Q: If the indirect quote for the exchange rate between the US Dollar ($) and Japanese Yen (Y) is writte...

A: The direct quote of the exchange rate is that when we express the foreign currency in terms of domes...

Q: Explain in details the importance of collecting a representative sample to answer a question about a...

A: Representative sampling is a type of sampling that reflects the accurate characteristics of the larg...

Q: - The theory of consumer choice examines the tradeoffs inherent in decisions made by consumers. For ...

A: This question elates to the topic budget constraint, which can be explained as the limit to the expe...

Q: For each of the following pairs, determine whether the goods are substitutes, compliments, or unrela...

A: Substitute Goods= Those goods that can be used for same purpose are called substitute goods. For exa...

Q: describe the four globalization strategies representing different levels of involvement for a firm: ...

A: Globalization is the process of a domestic company being entering into the other countries through s...

Q: Market research has revealed the following information about the market for chocolate: demand schedu...

A: Given information:Demand, Qd = 1600 - 300PSupply, Qs = 1400  + 700P

Q: You overheard Mr. John, the newly-hired marketing manager, saying: “I think our company should take ...

A: Economies of scale refers to the concept used by the organization in which the organization increase...

Q: Todaro and Smith (2020: 192) state “…different countries face different bindingconstraints on achiev...

A: The Growth Diagnostics was formulated by Hausmann, Rodrik and Velasco. The approach provides a frame...

Q: The law of demand says that  A. The quantity demanded of a product rises when the prices of the prod...

A: The law of demand says that the price and the quantity demanded of a normal good are inversely relat...

Q: people may chose to ofer less work at higher wages because the utility of lesier increases because o...

A: Income refers to the amount earned by individuals or laborers in exchange for the services rendered....

Q: micro econ short answer  If you are trying to use a RDD setup to evaluate the effect of health insur...

A: Income: It is cash what an individual or business gets in return for giving work, delivering a decen...

Q: Country A’s goods have become relatively less expensive for Country B’s buyers due to a change in th...

A: For country B's buyers,imports have become less expensive. That happens when exchange rate appreciat...

Q: MNLogs harvested logs (with no inputs from other companies) from it's property in Northern Minnesota...

A: Hello. Since your question has multiple sub-parts, we will solve first three sub-parts for you. If y...

Q: WHAT is an example of the government (laws) shaping the economy or vice versa?

A: A government can attempt to shape the pace of economic development through supply-side and demand-si...

Q: binding price ceiling

A: There are two types of price setting: price flooring and price ceiling. Both are done for a purpose ...

Q: The total cost to produce hundred motors bikes is $1000. Calculate the average cost of producing the...

A: Given information: Total number of motorbikes = 100  Total cost of production = $1000  

Q: income increases to $1,500 , he consumers 60 units of good A and 40 units of good B. Which of the fo...

A: Income elasticity of demand depicts how much consumer responds with the change in his income. 

Q: ) Discuss the functional equations of supply and create a chart and diagram with the help of the fol...

A: To find the balanced price and quantity, the demand and supply equations are equalised, to find the ...

Q: Helen is buying a $12,375 car with a $3000 down payment, followed by 36 monthly payments of $325 eac...

A: According to the question, The remaining amount = 12375 – 3000 = $9375 With the monthly payment of $...

Q: Currently, a monopolist’s profit-maximizing output is 400 units per week and it sells its output at ...

A: Profit-maximizing output = 400Selling price = $60TC = $10000MR = 40 dollars

Q: Price   Quantity Demanded Item   Last Month   This Month   Last Month   This Month ...

A: We have given the following table     Price Quantity demanded Item Last Month This month Last M...

Q: Bob's lawn mowing service is a profit maximizing, competitive firm. Bob mows lawns for $27 each. His...

A: Both accounting profit and economic profit include fixed cost in the short run. Accounting profit = ...

Q: A substantial increase in buying power is a contemporary marketing phenomenom that has to be contend...

A: Purchasing power of a consumer is the amount of goods and services which could in turn be purchased ...

Q: A shoe company manufactures and sells a pair of shoes with the following cost and revenue data: Sell...

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...

Q: b. Carefully distinguish between Pareto Optimality and Pareto Improvement as used in welfare economi...

A: NOTE: Since you have asked multiple questions we will be answering only the first one, if you need a...

Q: 35) Suppose a bank has $100,000 in checking account deposits with no excess reserves and the require...

A: Required Reserve Ratio(RRR) is the percent of the deposits that banks are obliged to keep as reserve...

Q: If a firm wanted to know how much it would save by producing one less unit of output, it would look ...

A: TC (Total) is the cost which is incurred by a firm in producing some specific level of output. It is...

Q: qual to 1.60. In 2020 LeBron James earned $37,400,000 playing for the Los Angeles Lakers. The Plin 2...

A: Real wage is independent of inflation

Q: Economics Question

A: Dear student, You have asked multiple questions in a single post. I am answering one question for yo...

Q: Solve this Economic

A: Since you have asked multiple questions we will answer the first part for you . The equilibrium pric...

Q: Market research has revealed the following information about the market for chocolate: demand schedu...

A: Below is the given information: Qd = 1600 - 300PQs = 1400 + 700P

Q: If a firm has negative accounting profits in the short run, it should a.Close since accounting prof...

A: Accounting profits are calculated by taking the difference between total revenue and total cost, whi...

Q: Question :  Assume that an individual is planning to go to the USA to get a master's degree in Indus...

A: Rational decision making involves various steps : Identify the Problem Establish Decision Criteria ...

Q: Variables typically included in a multivariate demand function (other than the price and quantity of...

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

Q: People in Cambodia keep talking about Bitcoin, a crypto currency (electronic currency). Given the fu...

A: Solution: (1)  Cryptocurrency: It refers to a digital currency that is secured by cryptography, whic...

Q: Firms have an incentive to reduce production if: O unplanned inventory investment is positive. O dem...

A: Inventory refers to the measurement of stock of finished goods kept ready for sale.

Q: Consider the Production Possibilities Frontier (PPF) where tvs production is defined on x- axis and ...

A: When production plan is on the PPF and is efficient then the following equation is satisfied;       ...

Q: what are types of savigs vehicles

A: The two main types of saving vehicles are 1. Savings account 2. Checking account

Q: Q4 (i) State the salient features of the Pakistan Environmental Protection Act (PEPA) 1997.

A: The Pakistan Environmental Protection Act 1997 was passed by the National Assembly of Pakistan on Se...

Q: Find the compound interest accumulated on BD 14500 at the end 9 years if it is invested at 4% compou...

A: Quarterly interest rate = 4% / 4 = 1% Number of quarters in 9 years = 9 x 4 = 36 Total interest = [P...