Assume that Derryland and Whetonia can switch between producing cheese and producing bread at a constant rate. Table 1-1 Labor Hours Needed to Make Number of Units Produced in 40 1 Unit of Hours Cheese Bread Cheese Bread Derryland 1 4 40 10 Whetonia 2 20 8
Q: if the reserve requirement was so low that no bank felt it was a constraint then a. the arithmetic…
A: Reserve Requirement is defined as the amounts of fund which a bank can hold to meet liabilities in…
Q: Using general equilibrium analysis, and taking into account feedback effects, analyze the following:…
A: The outbreaks of diseases affect the supply of chicken and beef on the chicken farms. As the result,…
Q: Please arjent please help
A: The money demand curve shows the inverse relationship between the interest rate and the quantity of…
Q: Determine the initial amount owed at the beginning of the year if you have to pay P563.83 after 10…
A: Simple interest amount formulaA=P1+R×T100Where, A=AmountP=PrincipalR=Rate of interestand T=Time in…
Q: If the operating target of the Bank of Canada is 4 percent then the bank rate is O 1) 4.25 percent O…
A: The bank rate is - 5. (3.75 Percent)
Q: Why do people migrate?
A: Migration is defined as movement of people from one place to another for settling temporary or…
Q: Please refer to the figure below. The equation for p = 105-0.005D 25,000+65D Y D (units sold) How…
A: Given: p=105-0.005D Cost curve equation : 25000+65D
Q: As a student, what do you think is the medium of instruction that should be used in school? Explain…
A: The medium of instruction is the language that is used by the teacher to teach the students.…
Q: Which of the following is most likely to occur when price is inelastic? 1) A price increase reduces…
A: The measure that depicts the change in quantity being demanded with respect to change in the level…
Q: 1. Why is perfect competition often described as the ideal market structure?
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Canada is both an importer and an exporter of cars. If Canada exports more cars than it imports and…
A: The ratio of a country's export and its import prices is referred to as terms of trade (TOT).To buy…
Q: Which of these can create an output gap: i) High inflation ii) Low inflation iii) Full employment…
A: The output gap is a metric. It calculates the difference between actual and prospective output in a…
Q: Problem 1: Labor-Leisure Choice. Kim has utility over consumption c and leisure represented by U (c,…
A:
Q: Between Monopolistic competition and Oligopoly, which do you think is better in an economy? Why?
A: Under oligopoly, there are some sellers and a large number of buyers can be seen while the decisions…
Q: Give an example of a good or service that should not be allocated entirely by a free, unregulated…
A: Under the free market system the demand and supply forces decide the types of goods and services…
Q: Let's assume that in our economy money supply is $15 billion, Velocity (V) is 5, and Output (Y) is…
A: [a.] The velocity of money:- P*Y = V*M P*$70 billion = 5*$15 billion P = 1.0714 Thus, the price…
Q: Please see below. True or false questions. I need help with both. All forms of money that go into…
A: Banking is defined as that business activity which refers to accepting and safeguarding the money…
Q: Explain the Taylor rule, including the formula for setting the overnight rate target, and the…
A: The money supply is the supply of currency that is controlled by the central bank of the country. It…
Q: .Suppose country A is considering fixing its exchange rate with country B. What would make country A…
A: The aim of a fixed exchange rate management is to maintain the value of a currency within a narrow…
Q: Which of the following is required to create a sole proprietorship? a) Nothing b) An intention…
A: In economics, business is defined as a sector that helps in the development of the economy and the…
Q: 1. Which of the following investors is best suited to an investment objective that is mainly focused…
A: The investor who is best suited to an investment objective that is mainly focused on generating…
Q: ATC Avc K FOR EACH DAGRAM, FIND R 1.Quantity Hi 2. Prce IN 3. TR 4. Cost per unit 5 TC A 13 E F
A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: County 2 Left -10, -10 -100, -100 Right -100, -100 -8, -8 Left County 1 Right The numbers in each…
A:
Q: Question 15 Prime interest rate refers to the lowest rate charged by bank to their most important…
A: The economies around the globe are involved in different types of economic and financial activities.…
Q: What is land property
A: Land: It refers to the asset of the people. More land with the people shows that are rich. The less…
Q: Fill in the blanks using the number that corresponds to the correct word or phrase below 1. Labor…
A: The measure that depicts people who are capable and able to work but not able to find a suitable job…
Q: Which of the following is least likely to present a barrier to entry into a market? patent laws…
A: In economics, barriers to entry refers to the economic factor that prevent new firms from entering…
Q: Question 13 If the U.S. dollar appreciates, then U.S. exports O a) increase and U.S. imports…
A: Exchange rate basically refers to the rate of exchange at which the currency of one nation can be…
Q: Q 1(a) Critically evaluate FIVE economic characteristics of information. Q 1(b) The term Web 2.0…
A: There are developed as well as developing economies, developing economies have their own…
Q: Problem 3 Find the point elasticity of demand ɛ (with respect to own price) for the demand function…
A: Answer: Given, Demand function: y=50-2pAnd,p=5 The formula for elasticity is given as:…
Q: Assume soybeans are produced by a perfectly competitive, constant cost industry. Fresh Fam is a…
A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Using the same begging portion of the above problem -- A cotton buyer will be making a purchase of…
A:
Q: Suppose we allocate a fixed supply of a depletable resource between two periods in a dynamically…
A: A perfectly competitive market refers to the market in which there is a large number of sellers who…
Q: Given the data below: Total adult population over the age of 16 249.9 million Employed 148.3…
A: Labor force is the sum of those who are either working or looking for work. The formula for labor…
Q: D (units sold) Determine the value of the maximum profit. O A BD53,000 O B. BD52.500
A: Profit maximization is a process business firms undergo to ensure the best output and price levels…
Q: Money demand curve is downward sloping because as interest rate rises, businesses find it less…
A: The curve that depicts the inverse relationship between the rate of interest and the quantity of…
Q: How to calculate the economic impact of an event?
A: Employment, household wages, economic production, and value added are four common indicators used to…
Q: (M&M) sell one size of coffee latte. Medro & Mariana put together the weekly breakeven diagram for…
A: The total revenue from the sale of a particular quantity of products or services is referred to as…
Q: 1. If the popular television show The Bachelor is shown on pay-per-view television every Monday at 9…
A: If the episodes are shown for free then the price they pay for it is 0. And the willingness to pay…
Q: 1. Using general equilibrium analysis, and taking into account fecedback effects, analyze the…
A: General equilibrium analysis This is the best example of general equilibrium analysis whereby in…
Q: How does the demographic transition develop
A: Demography refers to the concepts and methods used to examine human populations.
Q: Milwaukee Machine Tool is planning to buy a machine for S15,000 with a salvage value of 20% of the…
A: In this question we have, Milwaukee Machine Tool is planning to buy a machine for $15,000 which has…
Q: Imagine that the markup practiced by firms in an economy is 5% The degree of the protection of…
A: Wage setting Relation : W = Pe F(u , z ) where , F(u , z ) = 1 + au + z (a = d(W)/du , slope…
Q: What are the potential problems with fiscal and monetary policies?
A: Concept Central banks manage the money supply in the economy through monetary policy. To bolster a…
Q: Suppose the economy is in long-run equilibrium, but the central bank decides to increase bank rate…
A: If the central bank increases the bank rate, the banks' lending capacity will fall as their costs of…
Q: Refer to the IS-LM-BP model for an open economy. 7.1. Draw a diagram that typically illustrates the…
A: All part solved below,
Q: From which of the following banks would cost be higher ? Bank W - 22% interest payable at maturity…
A: Introduction Maturity interest-Maturity is a defined with respect to bonds which have fixed…
Q: Explain the consumer equilibrium condition according to utility theory. Include in your answer the…
A: Equilibrium of a Single Good: When a consumer buys a commodity, he stops when the price and utility…
Q: True of False? In the short run, stock market returns always align with macroeconomic performance…
A: 1. As a general rule, the stock markets in an economy are directly correlated with the GDP of the…
Q: Suppose we allocate a fixed supply of a depletable resource between two periods in a dynamically…
A: The demand function depicts the inverse relationship between two variables: price and the quantity…
i need Q13 solution ,,,,
Step by step
Solved in 2 steps
- What is a production technology?In choosing a production technology, how will firms react if one input becomes relatively more expensive?The manager of the donut shop tells you that hesells donuts for $1 each, and that if he were to makeadditional donuts, based on his current level ofoutput, it would cost him $0.80 per donut. Do yourecommend that the manager increase or decreasethe number of donuts he makes?
- 2500 2000 1500 Returns te scale: 0.33 1000 Price 2 10 15 20 25 30 Size dength in feet) 35 40 Rental price 100 The interactive above is from the loarning object, it will automatically find the profit maximizing length of the truck Adam should rent at given prices, rental rates, productivities, and returns to scale. It only the productivity of the truck Adam chooses to rent decreases, which of the following would be true at the new profit maximizing level of output and length of truck? Select the two that apply O A decrease in marginal cost O A decrease in total costs O A decrease in total revenuo O An incroase in the amount of labor Adam hires RevenueSave The production function for a product in given by q-100KL mergnal product functione MP100K end MP100 he poe of cp,cs00 per day wnd the priefer, w, in S400 per day, what the minimum cost of producing 10,000 units of oupun The minimum cost of producing t10,000 units of output is Round al intemediate retb deciml placand erter your pone unded te deia psPlease hep with this question ? That is attatched show how calcualtion was made thank you,
- answer this question bu not on excelTeresa is a hard-working second-year university student. One Thursday, she decides to work nonstop until she has answered 100 practice problems for her physics course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time 8:00 AM 9:00 AM 10:00 AM 11:00 AM Noon Total Problems Answered 0 40 70 90 100 Use the table to answer the following questions. The marginal, or additional, gain from Teresa's second hour of work, from 9:00 AM to 10:00 AM, is The marginal gain from Teresa's fourth hour of work, from 11:00 AM to noon, is problems. problems. Later, the teaching assistant in Teresa's physics course gives her some advice. "Based on past experience," the teaching assistant says, "working on 35 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during…The manager of a T-shirt stand found that the cost to produce 1O T-shirts is $112.59, white the cost to produce 40 T-shirts is $401.58. Assune the cost Csa linear function of x, the namber ef T-shirts produced. Calculate the marginal cost ot a T-shirt. that s, the change in cost of producing one additional Tshirt, (Rournd to 2 decimai places
- Table 13-7The Flying Elvis Copter Rides Quantity TotalCost FixedCost VariableCost MarginalCost AverageFixedCost AverageVariableCost AverageTotalCost 0 $50 $50 $0 -- -- -- -- 1 $150 A B C D E F 2 G H I $120 J K L 3 M N O P Q $120 R Refer to Table 13-7. Fill in ALL THE VALUES FROM A to R in the table.Complete the table below: Output TotalCost(RM) Totalvariablecost(RM) Totalfixedcost(RM)Averagefixedcost(RM)Averagetotalcost(RM)Marginalcost (RM) 0 505 16010 20020 25036 33058 40072 48088 580106 700130 820150 980! plzsolved all parts for a like