FACTORS AFFECTING SUPPLY. Explain the following factors • International Changes • Legislative Changes Factors of Job Habits Structure of Manpower • Change of Job Habits Economic Conditions • Standard of Judgment • Social Changes Geography and Competitive Conditions • Technological Changes Education level of Workers

Q: Suppose the following describe the marginal cost of extraction of a raw resource, the marginal cost…

A: We are analyzing the optimal extraction quantities of a raw resource and a recycled resource given…

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A: Disclaimer _ since you asked multipart question, we are solving first 3 subparts as per guidelines.…

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A: A perfectly competitive firm is a price taker, which implies the price in the perfectly competitive…

Q: the video link is: https://www.youtube.com/watch?v=aqEz6kvXhc8please give me detailed solutions and…

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A: Bank:- A bank is considered as the financial institution that have licenses to receive deposits and…

Q: Find any Nash equilibria in the game below.        Firm B     Co-operate Don’t co-operate…

A: So, the correct answer is: d. There are two Nash equilibria: (i) both firms co-operate and (ii) both…

Q: There are only two customers (X and Y), who demonstrate different reservation prices for three…

A: The objective of the question is to calculate the difference between the profit under individual…

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A: The objective of the question is to identify which of the given options does not represent a dilemma…

Q: (Figure: Determining Marginal Returns) Based on both the table and the figure, adding a third worker…

A: Total Product of Labor(TPL) refers to the overall output or quantity(Q) of services or items…

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A: Producer surplus is the financial benefit for a producer after selling a good at a given price…

Q: Roberto Clemente's marginal federal income tax rate is 20%. How much money will Roberto save in…

A: Solution given below Explanation:Step 1:To calculate the amount of money Roberto would save in…

Q: 2. Assume that the production of output is given by Q(K,L)=K02106, where K = quantity of capital and…

A: The objective of the question is to determine the short-run and long-run demands for labor given the…

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A: The break-even point is the point is a level where the business incurs no profit and no loss.Given…

Q: Note: the answer should be typed. And

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Q: Consider the economy of Janus represented by the following information: Marginal Propensity to…

A: The information regarding the economy of Janice is given as follows.Marginal Propensity to…

Q: Consider the pharmaceutical market in the US. The demand is Q = 200 - 2P Q P while supply is 2 40s Q…

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Q: Country C imports 80,000 metric tons of steel from Country U and produces domestically 80,000 metric…

A: The extra value that consumers receive from paying less than they otherwise would be prepared to for…

Q: orchards in that region. In the spring unusually warm weather causes trees to bloom early. After the…

A: The equilibrium refers to economic conditions where the demand and supply forces are equal.

Q: Over the past four years, the US trade deficit has increased to $576.9 billion. Based on your…

A: In the face of globalization, the practice of maintaining trade deficits has become increasingly…

Q: 1. Risk Premium: Assume your wealth is $100 and like in the Veritassium video you're offered a bet…

A: “Since you have posted a question with multiple sub-parts, we will provide the solution only to the…

Q: 1. Suppose the interest rate prevailing in the market is 6.5%. Suppose also that an individual's…

A: An interest rate is the cost of borrowing money or the reward for lending money, expressed as a…

Q: 2. Answer all parts (a) - (d) of this question Person A, Person B and Person C own stock in the same…

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Q: 8. Two firms, the only firms in the market, sell the same product and have the same marginal cost.…

A: Sequential bargaining, also known as alternate-moves bargaining or alternating-offers protocol, is a…

Q: Demand for a product Z at a price of $p per item is given by and supply is given by [Select] (a)…

A: Product Z at a price of $p per item is given by :Demand: D (p) = 250 - 0.1p^2 - pand Supply: S(P) =…

Q: Lesson 8 - Costs Question 10

A: Answer K = 0.25LExplanation:Approach to solving the question: Detailed explanation: Examples: Key…

Q: a) b) c) d) Table 2 Gross Private Domestic Investment Exports of the U.S. $223. $208. $346.…

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Q: Which of the following best describes the effect of an increase in wage rates? O The price level…

A: AD is aggregate demand which is the total quantity demanded in an economy at various prices.SRAS is…

Q: Based on research conducted by the Department of Economic Analysis, the government and policy…

A: Aggregate Expenditure (AE) is the total expenditure that the various economic agents in an economy…

Q: A country is described by the Solow model, with a production function of y = k¹/³. Suppose that k is…

A: A country has the following production function:y = k1/3where y is output per worker; and k is…

Q: User to calculate HHI do you convert the market share percentages into decimal numbers before…

A: The Herfindahl-Hirschman Index (HHI) is a commonly used measure of market concentration in economics…

Q: Ball Bearings, Inc., faces costs of production as follows: Quantity Total Fixed Costs Total Variable…

A: The quantity, total fixed cost and the total variable cost is given as follows. Quantity Total Fixed…

Q: a. How many units of labor and capital should be "purchased" to maximize production subject to the…

A: Production function:  It is the mathematical representation of the relationship between input…

Q: 05- Income and Substitution Effects Question 1

A: The X-intercept of the budget line for the consumer in this situation is 12 unitsExplanation:given…

Q: Suppose that all social programs simultaneously become more generous. In particular suppose that…

A: Unemployment refers to the situation where individuals who are willing and able to work are unable…

Q: 21. Recall the market is composed of 50% responsible firms run by LSU graduates ($50/share…

A: Expected value is the value that represents what a certain investment alternative will take taking…

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A: Net present value is the differential between the present worth of the cash inflows and the present…

Q: Lesson 6- Individual and Market Demand Question 1

A: Answer = The missing value is 0.1                    So, the equation is P = 40 -…

Q: SENTER The equilibrium rent in a town is $500 per month, and the equilibrium number of apartments is…

A: The demand curve represents the quantity demanded by consumers at different price levels.The supply…

Q: Lesson 7- Production Question 3

A: d. Both statements are false.Explanation:Three Phases of Production:Explanation of the law is…

Q: The difference between moral hazard and adverse selection is   a. ​moral hazard has to do with…

A: Market failure occurs when the allocation of services or items by a free market is inefficient. It…

Q: (d) down the demand function of x₁ and the demand function of x₂. Now, the consumer's utility…

A: The utility curve of the consumer is The consumer has m dollars.The price of x1 is p1 and x2 is…

Q: 9:28 ← I B GBPUSD Great Britan Pound / US Dollar -5 -1 SL Instant Execution SELL ||| -1 -0.1 1.00…

A: The question is asking to understand the trading scenario of British Pound to US Dollar (GBPUSD)…

Q: The industry in the figure below consists of many firms with identical cost structures, and the…

A: The supply curve is the willingness to produce or sell a particular good or service in the market…

Q: One of the functions of modern foundations is: A. All of the above B. Invest in research and policy…

A: The question is asking about the functions of modern foundations. Modern foundations are non-profit…

Q: Suppose there are three buyers of candy in a market: Tex, Dex, and Rex. The market demand and the…

A: The table for the market demand and individual demand of three individuals for candy is given…

Q: Figure Firm 2 Left Right Up 1,7 0,6 Firm 1 Down 0,2 -1,2 Using the above Figure, use iterated…

A: The payoff matrix for firms 1 and firm 2 is given as follows. Firm 2LeftRightFirm 1…

Q: Lesson 7- Production Question 1

A: MRTSLK​=3 Explanation:Given, q=4L0.75K0.25 Step:1 MPL​=∂L∂q​MPL​=4(0.75)(LK​)0.25…

Q: Based on research conducted by the Department of Economic Analysis, the government and policy…

A: Real GDP is the value of the sum of all the consumption or production that takes place within a…

Q: Question To Be Answered* (c)    Use the information on both firms to assess whether the higher…

A: Costs refer to the expenses that are incurred in the process of production of goods or services.…