Q: The marginal propensity to consume (MPC) is 0.75. The multiplier is (Round your answer to one decima...
A: Formula for multiplier=1/1-MPC.
Q: As long as marginal cost is below average cost, average cost will be a falling b. rising. e. constan...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: using PDCA cycle, provide a solution to solve computer hack into ecomerce
A: e commerce is a business that operates online with the help of internet connection.
Q: One of the goals of mutual funds is to achieve superior diversification compared to what individual ...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: is t possible for accounting profit to be positive and economic profito be negative? OA No, economic...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: Identify the general rights (cash flow right and control right) that are commonly granted to common ...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: How have improvements in computer technology affected production possibilities and the long run aggr...
A: Due to improvement in computer technology,production increases along with efficiency to a greater ex...
Q: what should the federal and state governments do about deindustrialization and why?
A: Deindustrialization refers to the process by which manufacturing falls in a region or society as a p...
Q: Please answer very soon will give rating surely Complete Answer needed
A: Given that - Labor cost and material cost for manufacturing violins A and B violin model labour...
Q: Identify the general rights (cash filow right and control right) that are commonly granted to common...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: The maintenance of a machine in a manufacturing plant currently costs a company $8,000 every year (p...
A: We are going to use Present value approach to answer this question.
Q: Which of these are examples of automatic stabilizers? A. sales tax revenues and income security ...
A: The automatic stabilizer is a system in which when the economy is fluctuating or overhears, the stab...
Q: Muscat Municipality maintains lots of data about its daily work activities. Give an example of Maste...
A: Master Data:- Master data includes the data for various categories inside the Muscat Municipality li...
Q: The rate of economic growth per capita in France from 1996 to 2000 was 1.9% per year, while in Korea...
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...
Q: Find the IRR of an investment having initial cash outflow of $213,000. The cash inflows during the f...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: The preferred stock of North Coast Shoreline pays an annual dividend of $1.70 sells for $20.24 a sha...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: Consider an economy described by the following equations: C = 300 + 0.90 (Y – T) (Consum...
A: Government spending multiplier = 1 / 1 - MPC Government spending multiplier = - MPC / 1 - MPC
Q: Compare the following two pairs of goods and answer the following questions about complements, subst...
A: Related goods refer to the complementary and substitute goods. In case of complementary goods, if pr...
Q: P 14 13 12 11 10 9 8 7 ...
A: 1)To maximize total industry profit,price would be 14. 2)Revenue=14*500=7000 Cost=7*500=3500 Profit=...
Q: Present value calculation: At r = 5%, $1000 next year is worth today ______.
A: Given data, Rate of interest = 5% Time period = 1 Future value = 1000 dollars
Q: The macroeconomy is depicted by the graph to the right 160- a. The current equilibrium price level a...
A: Equilibrium price level is 80.
Q: What health promotion approach is economical, and can have long-term effects in profoune reducing ma...
A: Life span: life expectancy is a proportion of the most extreme measure of time at least one individu...
Q: A firm is defined as a a president, some vice presidents, and some employees. b. any organization th...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: Explain how forward rate is being implemented.
A: Forward rate shows equilibrium in the exchange market at international level.
Q: Economics Question
A: Profit maximizing firm would hire such amount of labor where the value of marginal product equals wa...
Q: Need help with G, H, I & J
A: The demand elasticity(ed) is the demand's sensitivity for any product concerning the change in any o...
Q: Suppose that an economy begins in equilibrium at E, as depicted in the graph to the right. 140 Assum...
A: Answer: Introduction: Classical economist assumes that the aggregate supply curve is vertical. It me...
Q: What are the likely consequences of not intervening?
A: The government can intervene in an economy through various ways and this can affect differently to d...
Q: An economist gives the following advice to a museum director: "You should introduce "peak pricing". ...
A: Rivalry and excludability are the characteristics of the good which is used to differentiate a publi...
Q: You are given the following information: Consumption of goods and services ...
A: Hi! thank you for the question but as per the guidelines, we answer up to three sub-parts at one tim...
Q: 6. An all-equity firm is considering the following projects. The T-bill rate (risk-free rate) is 3.5...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: find alll pure strategy subgame perfect Nash equilibria 1 A В d e g 2]
A: Game Theory is a theoretical framework to conceive social situations among competing players. It is ...
Q: A lawn service company has fixed monthly costs of $500 and variable costs (labor, gasoline, and depr...
A: The total cost refers to the market value of inputs used by the firm in the production of goods and ...
Q: According to the concept of comparative advantage, a good should be produced in that nation where: i...
A: When a participant could generate anything at a cheaper price than someone else individual has a com...
Q: However, the labor market is a derivative of the goods market in the Keynesian theory (“principle of...
A: The principle of effective demand states that the output and employment in the economy can be increa...
Q: One of the goals of mutual funds is to achieve superior diversification compared to what individual ...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Q: Which of the following statements about international trade is true? Answers: A. ...
A: Due to international trade exports increase more than imports on a global scale.
Q: What are the economic benefits of Hawaii's hazardous substances policy? What are the economic costs ...
A: Huaweis hazardous substances would be useful in manufacturing as they are the by products of manufac...
Q: Match the following: 1. Gunnar Myrdal a) Diamond water paradox b) Value and capital c) Principles of...
A: Diamond water paradox argues that water is more valuable than diamond for humans but still the value...
Q: Explain and Compare the following terms: Foreign aid and reparations.
A: Countries provide support to each other in time of crisis through different means of financial supp...
Q: Summarize the economic and environmental costs of the City of Kelsey energy efficiency policy.
A: Economic costs include: 1. Increase in the fixed costs in setting up the plants as per the new energ...
Q: Detail What is unfavorable balance of trade ?
A: The difference between export and import of the country determines whether the trade is favourable o...
Q: Suppose a monopolist could charge a different price to every customer based on how much he or she we...
A: Monopoly is a market condition where there is a single seller. It sells a unique commodity in the ma...
Q: A proprietorship or partnership can raise funds for expansion in all of the following ways except ...
A: Partnership cannot do expansion by borrowing from someone or an institution willing to lend funds.
Q: What are the fixed cost and variable cost form th ebelow list? 3000 Bottles price 25782.62 years Web...
A: In economics, there are 2 crucial costs which are: (i) fixed costs- These are the costs that remain ...
Q: Please give 2 examples of economies of scale, diseconomies of scale, and constant returns of scale. ...
A: Return to scale is a long run concept, which measures the change in total output due to the change i...
Q: In an economy investment increases by 120 crores. The value of multiplier is 4. Calculate the margin...
A: Increase in investment = 120 crores. Value of multiplier = 4
Q: The short-term unemployment is most likely to occur in the international trade in: a) Industries tha...
A: Short term unemployment is most likely to occurs in the international trade in the industry which ar...
Q: A recent report by the Centers for Disease Control looked at the relationship between the price of b...
A: Cross elasticity of demand measures the responsiveness of percentage change in quantity demanded due...
Q: Which of the folowing terms shows a fim's revenues, costs, and protit over a period of time? OA The ...
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions econ...
Step by step
Solved in 2 steps
- Scenario One source of new-product ideas is competitors. When Steven Fischer recently joined Frankie and Alex Specialty Products as a brand manager, his new boss told him, “We don’t have a budget for new-product development. We just monitor our competitors’ new-product introductions and offer knockoffs of any that look like they will be successful.” Is this practice ethical?If competition places discipline on costs, motivating firms to innovate and find more cost-effectiveways to produce, explain why in some markets asingle firm without competitors will produce ata lower cost than if the firm faced competition.(i) Use the graph below to explain the output, profit and loss conditions formonopolistically competitive firms. Show your work where appropriate inreference to the Graph.(ii) With examples, examine the barriers to business entry for imperfectcompetition firms.
- Question 1(i) Use the graph below to explain the output, profit and loss conditions formonopolistically competitive firms. Show your work where appropriate inreference to the Graph. (ii) With examples, examine the barriers to business entry for imperfectcompetition firmsnd QUESTION 1 ication Match each of the terms to their description: esources Market Structure A. many firms sell identical products B. many firms sell similar, but not identical, products C. one firm sells a unique product D. a small number of firms control a market Perfect Competition Monopoly Monopolistic Competition the specific industry conditions that define the type of E. model OligopolyMerriman Company provides the following ABC costing information Activities Account inquiry hours Account billing lines Account verification accounts Correspondence letters Total costs Total Costs $400,000 $280,000 $150,000 $ 50.000 S880.000 Activity-cost drivers 10,000 hours 4,000,000 lines 40,000 accounts 4,000 letters The above activities are used by Departments A and Bas follows: Account inquiry hours Account billing lines Account verification accounts Department A 2,000 hours 400,000 lines 10,000 accounts 1,000 letters Department B 4,000 hours 200,000 lines 8,000 accounts 1,600 letters Correspondence letters How much of the account inquiry cost will be assigned to Department A?
- What is the relationship between product differentiation and monopolistic competition?Only typed answer 1. Why do oligopolies exist? A. A small number of firms have established barriers to entry using economies of scale, patents, and sheer size to prevent other firms from challenging them. B. The oligopolistic firms are created, run, and supported by the government. C. The members of an oligopolistic market are producing in the upward sloping range of their long run average cost curves.17 of 16 BNW is one of many producers of luxury wheelchairs, which are differentiated to appeal to different market niches. BNW's Price per chair relevant demand and cost curves are depicted in the graph. $2,000 Average total Use this graph to answer the questions. Assume that there are 1,800 Marginal cost no significant barriers to entry. cost 1,600 Determine BNW's profit-maximizing price and quantity. 1,400 1,200 1,000 price per chair: $ 800 600 400 quantity of chairs: chairs 200 Demand Marginal revenue 100 200 300 400 500 600 700 800 900 Calculate BNW's profit. Chairs per week BNW's profit: $
- How does the company set its goods or services apartfrom those of its competitors? Does the company compete on price, quality, service, innovation, or some otherattribute?Instructions: Answer ALL Questions. Include referencing where additional sourceshave been used. APA format is recommendedQuestion 1a. How is monopolistic competition like monopoly, perfect competition andoligopoly? b. Give two examples of price discrimination. In each case, explain why themonopolist chooses to follow this business strategy c. Why does price equal marginal revenue for the perfectly competitive firm?What is the relationship to the demand curve for the firm? Question 2a. Define economies of scale and explain why they might arise. Definediseconomies of scale and explain why they might arise.b. Explain the relationship between total product, marginal product, and averageproduct. c. How does fixed cost affect marginal cost? Why is this relationship important?Question 3a. Is it possible for total utility to increase while marginal utility diminishes?Explain. b. Mary has two dinner options available: eating a home cooked meal for $150 permeal, or at a restaurant for $260 per…An oligopolistic industry is characterized by Question 2Answer a. one dominant firm in the industry. b. having no market power. c. strategic behavior. d. free entry and exit.
