Q: Suppose the demand for good x is given by the following equation: Qdx = 60 - 40Px + 21 - 30Py where…
A: Demand can mean either market demand for a particular good or total demand for the all out of all…
Q: lives on an island economy and consumes only coconuts. Her utility function is given by u= √C, C is…
A: Utility is the satisfaction which is derived from consumption of good.
Q: According to the Centers for Disease Control and Prevention, a 40-year-old woman has a 15 in 10,000…
A: Insurance is an agreement in which an insurer repays one more against misfortunes from explicit…
Q: Suppose Anne has preferences that can be represented by the utility function u(x₁, x₂)=√√₁ + x₂. She…
A: Utility portrays the advantages acquired or fulfillment experienced with the consumption of goods or…
Q: Under what circumstances does a firm operate with excess capacity? Question 22 options: when…
A: In a market, excess capacity of a firm refers to the situation when the demand for a specific…
Q: What can we say about the wage difference between jobs that require education and those that do not?…
A: The costs that are being paid by an employer to an employee for carrying out the work assigned to…
Q: Gracie bought a CD for $810 that earns a 2.9% APR and is compounded quarterly. The CD matures in 5…
A: Given that, Present Worth (PW) = $810 rate = 2.9% or 0.029 (compounded quarterly) Time(t) = 5year
Q: 1. A company produces at an output level where marginal cost is equal to marginal revenue and has…
A: Total revenue is the product of price and quantity. Total cost is the sum of total variable cost and…
Q: If a one percent increase in the population leads to a five percent increa OA. the good is inelastic…
A: Elasticity with respect to the population measures the degree of responsiveness of demand to change…
Q: Consider an asset that costs $690,000 and is depreciated straight-line to zero over its eight-year…
A: The measure that depicts the current stream of cash flows being discounted at a specified rate of…
Q: Problem 2. Consider the game below. Player 1 T M B Player 2 C L R (2, 1) (0, 2) (0,3) (1,1)| (1,1)|…
A: game theory gives devices for dissecting circumstances in which parties, called players, pursue…
Q: a.) The money supply is $6000 000, currency held by the public is $2 000 000, and the…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Complete each of the following problems showing ALL your work. Answer the following questions…
A: Answer: Given, Utility function: Ux,y=0.5x0.4y0.6 (a). Let us first find the marginal utility of x:…
Q: Consider the following table of long-run total costs for three different firms: Quantity 1 2 3 4 6 7…
A: Question related to the topic Economies of scale
Q: How are in-kind transfers best described? Question 36 options: They are obtained only by those…
A: When talking about in-kind transfers it refers to the exchange of goods or services among people,…
Q: Discuss methods to overcome inflation in India
A: Inflation refers to an increase in the prices of goods and services.
Q: Soal 44 The total benefit that a person receives from the consumption of goods and services is…
A: The consumption of any good or service provides satisfaction which is counted in utils.
Q: What is the impact of new technology?
A: The economy of a country will grow faster when positive changes in the economy occur. It can be…
Q: Question 21 Markup Qc What is the level of profit for the monopolistically competitive firm in the…
A:
Q: A firm practices third-degree price discrimination. With the aid of a graphical illustration,…
A: Price Discrimination Price discrimination is a marketing approach in which a marketer charges…
Q: a. Define horizontal and vertical equity. b. Using information from the table below, calculate the…
A: (A) Horizontal equity- Horizontal equity is an economic theory that expresses that people with…
Q: Explain the nature and consequences of asymmetric information in a market for used appliances.…
A: Asymmetric information: It refers to defective information. Specifically, it happens when one party…
Q: QUESTION 7 for th below two machines and based on AW analysis which machine we should select?…
A: Disclaimer- “Since you have asked multiple question, we will solve the first question for you as per…
Q: When defining the hypothesis, we present… a. None of the responses b. The null…
A: A hypothesis is a formal statement that explains the relationship between two or more variables in a…
Q: Suppose a competitive market with the inverse demand p = 100 - q. An innovation reduces the constant…
A: (a) `Using the innovation new marginal cost is 60 Now, a monopolistic firm will maximize their…
Q: 5. Problems and Applications Q10 Consider the following table of long-run total costs for three…
A: Introduction Question related to Economies of scale
Q: The RBA: a. acts as the federal government's bank and collects income taxes. b. provides all paper…
A: RBA refers to the Reserve Bank of Australia.
Q: hat is the amount produced, at the end of 5 years, by annual deposits of $2,000,000.00 at a rate of…
A: Constant annual deposit = 2000,000 Time = 5 years Interest rate = 6 % annually
Q: Which of the following is consistent with the neoclassical theory of the labour? Question 27…
A: According to the neoclassical model, the wage is determined by the marginal product on the demand…
Q: A manufacturing company leases a building for $110,000 per year for its manufacturing facilities. In…
A: A firm's profit remains after all of its expenses have been paid. A corporation's top-line revenue…
Q: For the following problem, what would be the objective function that aims at minimizing the total…
A: Given,
Q: Question 15 If the GDP is at 7.1% growth and the RGDP is at 2.2% growth, then the inflation rate is
A: Ans. 15. The inflation rate by approximation formula is the difference between real GDP and Nominal…
Q: sider the following table of long-run total costs for three different firms: Quantity 1 2 3 4 7 Firm…
A: Question related to the topic Economies of scale
Q: 5. Problems and Applications Q10 Consider the following table of long-run total costs for three…
A: When talking about economies of scale, it can be said that it is the situation when a producer is…
Q: Discuss what the trad-offs between global consistency (Goloablization) and local adaptation…
A:
Q: Distinguish between the following concepts. Use practical examples where applicable. Positive…
A: 1. Distinguish between Positive network externality and negative network externality The impacts of…
Q: the production possibility curve for an economy is a. concave to the origin b. convex to the…
A:
Q: 1. A company mecessfully introduced wireless, studio quality carbads. This recent innovation has…
A: Given; Demand function; P=250-0.00125Q Cost function; C=1806250+25Q+0.001Q2 Formula to calculate:-…
Q: Kim spends all her weekly income of R200 on two goods, X and Y. The prices of the two goods are R5…
A: A budget constraint refers to all the different combinations of goods and services that a consumer…
Q: Costs 0 MC D ATC
A: The firm will shut down it's operations and exit the market at a point for a competitive firm is…
Q: e. Hamza, who services 20% of the breakdowns, makes an incomplete repair 1 time in 20; ousof, who…
A: Conditional Probability The conditional probability implies the likelihood of two or more events…
Q: The following table shows nominal GDP and an appropriate price index for a group of selected years.…
A: Nominal GDP, unlike real GDP, does not correctly reflect an economy's output. The total national…
Q: Which of the following is an example of technology as the responsible determinant of productivity in…
A: Productivity of labor is the output that is obtained by per unit use of labor. Every nation focused…
Q: Your firm is offered an investment, as follows: If you pay $1 million today, then you will receive…
A: We use Net Present Value (NPV) to answer this question. NPV is the sum of initial investment and the…
Q: Which of the following policies would lead to increased productivity in the fishing industry? Check…
A: Productivity refers to the economic measurement of the ability of the input resource to generate…
Q: 1. What advantages are there with an International Legal Agreements? Cite as many as you can and…
A: Formal understandings or pledges between two or more nations are known as international accords.A…
Q: Which political philosophy's prime objective is to raise total utility? Question 38 options:…
A: Liberalism is the political belief which promotes free trade. Communitarianism focuses on the…
Q: Suppose the demand for chocolate bars is downward sloping. Which of the following will occur as a…
A: Downward sloping demand curve implies the inverse relationship between price and quantity demanded.
Q: What does Coase mean by "the reciprocal nature" of the problem of negative externalities? the…
A: The fundamental discovery of the Coase Theorem is that externalities are reciprocal. A polluter, in…
Q: ple Choice art demand deposits houses
A: Liquidity portrays your capacity to exchange an assets for cash. The simpler it is to change over a…
Step by step
Solved in 2 steps
- 7. Depreciation is necessary to calculate: * O Net financial position O None of the above О Тах O Net profit3. The ABC exporting Company quoted a price USD 800 M/T CIFC2% Mumbay. If the freight costs is USD 80 per M/T, and insurance premium is USD 5 per M/T, the purchasing price of the product is RMB 1200 Yuan per M/T, the domestic direct and indirect costs per M/T will be account for 15% of purchasing price per M/T, please calculate the total costs of export, the net income from the export and the exporting conversion cost of foreign exchange. If the current exchange rate is 6.5 RMB/USD, is it profitable from the export?Can you pls help me w this
- QUESTION 10 Curly and Rita are married, file a joint return, and have two dependent children, ages 11 and 13. Their AGI is $417,000. How much is their child tax credit in 2021? O a. $6,000 O b. $5,150 O c. $4,000 O d. $2,000 O e. $3,150If you would have to pay $8,000 in taxes on $90,000 taxable income and $10,000 in taxes on $94,000 taxable income, then the marginal tax rate on the additional $4,000 of income is Mutiple Choice 10 percent, and the average ta rate is so percent at the $94.000 income evel 50 percent, ond the average tax rate is 20 percent at the S90.000 income evel s0 percent, but avernge tax rates cannot be determined from the intormation given 50 percent, and the average tax rate is about 11 percent at the $94.000 income levelEe the information below to answer questions I through 5. mparation business. To simplify, assume your tax personal obligations are the same whether Aume you gave up a S60,000 per year job at an accounting firm to start your own tax 1. Iryour revenue during the first year of business is $75,000, and you incurred $5.000 in cupenses for equipment and supplies, how much is your accounting profit? If your revenue during the first year of business is $75,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your economic profit? If your accounting profit is S60,000, much is your economice profit? If your revenue during the first year of business is $60,000, and you incurred S5,000 in expenses for equipment and supplies, how much is your accounting profit? your revenue during the first year of business is $60,000, and you incurred $5,000 in expenses for equipment and supplies, how much is your economic profit?
- An asset is purchased for P 500,000.00. The salvage value in 25 years is P 100,000.00. What is the total depreciation in the first three years using the straight-line method? O a. P48,200.00 O b. P48,000.00 O c. P46,000.00 O d. P44,000.00pls help with below homwrk queistions13. Depreciation decreases: * O Capital O Cash O Bank O Liabilities
- Curly and Rita are married, file a joint return, and have two dependent children, ages 11 and 13. Their AGI is $417,000. How much is their child tax credit in 2021? O a. $6,000 O b.$5,150 O c. $4,000 d. $2,000 O O e. $3,150SQU E-LEARNING SYSTEM (ACA Refer to the information provided in Table 6.8 below to answer the questions that follow 56 Table 6.8 SBIllions 20 1.0 1.C Depredation Receipts of factor incorme from the rest of the world Govemment purchases Imports Payments of factor income to the rest of the world Net private domestic imvestment 40 150 50 40 160 Personal income taxes 80 Persoral consumption expenditures 700 Dividends 10 70 Exports Amount of national income not going to households 30 Refer to Table 6.8. The value for personal income in billions of dollars is 970 a O 1,110 b O 1.050 .c O 1.000 d O Activate Windows 20ser Sergi ENG INTLUsing the information below, what is the Gross Value Added at Market Price? Output Sold Price per unit of output Import Duty Net change in stock Intermediate Consumption O a. 2100 O b. 7900 O c. 6500 O d. 7500 800 20 400 -500 8000