Which of the following best describes a weak form of market efficiency? A. it reflects all public and private information B. the market responds immediately to any new information C. the market price is based on historical information D. all of the choices are correct E. all of the choices are incorrect

Q: Consider a company whose long run total cost function is TC= 200q -20q^2 +q^3 and whose marginal…

A: MC cuts intersect ATC at its minimum point.  So, at MC = ATC we get the quantity level at which ATC…

Q: = All question are with regards to the following set up. There are two nrms A and B. compete in a…

A: In a Cournot duopoly model both firms simultaneously optimize their own profits and outputs taking…

Q: Given the demand and supply function for a product as Q = 1500 - 3P (Demand) Q = 1100 + 2P…

A: Equilibrium is the oont where price and quantity is determined through market mechanism and…

Q: Classical Growth theory predicts that O aggregate income always returns to the subsistence income O…

A:

Q: 2(b)There are three people and two goods in an economy. The utility given below: U1 = X11X 12 U2 =…

A: Marginal rate of substitution refers to the rate at which one good can be substituted with other…

Q: Q.16 Which of the following can decrease money supply? (i) Open Market Sale (ii) Open Market…

A: The central bank can regulate the money by using various tools. Monetary Policy includes all the…

Q: Lower interest rates tend to lead to _______ spending by consumers and businesses, while higher…

A: Consumption spending and business spending depend on interest rates

Q: Consider a firm in an oligopoly in which a few sellers offer differentiated brands of widgets.…

A: P = 12 - 0.5Q (P>10) P = 14 - Q (P<10)

Q: Teduie Construction made an investment in a machine that is used for road construction two years…

A: Economic service life refers to the duration of usable life that minimizes an asset's equivalent…

Q: A commercial bank is defined as a financial institution which performs the functions of accepting…

A: The circular flow of pay or roundabout stream is a model of the economy where the significant trades…

Q: Assume that the population is 40 million, the labour force is 20 million, and 18 million people are…

A: The unemployment rate is the percentage of the total labor force that is unemployed but actively…

Q: 5. The cross elasticity of demand for a substitute is ____________. Select one: a.equal to zero…

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

Q: Determine which option, if any, should be chosen based on net present worth using a 8% interest…

A: Alternative A B Investment Cost 5000 10200 Benefit 1100 2300 r  0.08   n 5 10

Q: Q3. The law of diminishing returns applies only to businesses with very simply production. Your…

A: Q3. The law of diminishing returns applies only to businesses with very simply production. Your…

Q: 1. Welfare analysis - Basic concepts Identify whether each of the following statements best…

A: Consumer surplus is the contrast between consumer will follow through on and cost he really pays.…

Q: Sales had been slow at Martha's Fresh Flowers for several months, but then business starting picking…

A: Business cycles are defined as the alternate periods of expansion and contraction in the business…

Q: What is the quantity supplied and demanded at P = 220? Excess supply or excess demand, which one…

A: Excess supply refers to a situation where the quantity supplied of a particular commodity is greater…

Q: Consider a homogeneous good duopoly with linear demand P(q) = 12- q,where q is the total industry…

A: Profit is maximized where the MR=MC.  The welfare declines when a we move from Cournot competition…

Q: Suggest solutions to the limitations of the Efficiency Wage Model.

A: The idea of the efficiency wage theory is that increasing wages can lead to increased labour…

Q: If Canada increase its export of lithium, in such a way that national exports would increase, would…

A: When talking about imports-exports,it can be said that more exports will increase national output,…

Q: According to principles of behavioral economics, we as human beings tend to put undue weight on…

A: Short-term advantages are those that may be acquired right away, but long-term benefits take a…

Q: When the number of competing firms is small in a market, is this market necessarily different from a…

A: Market structure is categorized on the basis of number of firms and type of the goods. If number of…

Q: 5. Suppose Bard is its own marginal propensity to consume at Bard is 0.5. Autonomous consumption at…

A: Answer to the question is as follows:

Q: Year Website A GDP Website B GDP $50 million = P1980 Q1980 600 million = P2020*Q2020 1980 $200…

A: Year 1980 Website A GDP  $50 million = P1980 * Q1980 Website B GDP $200 million = P2020 * Q1980…

Q: is a measure of how much money can be afforded for investment in excess of cost. a. Present Cost O…

A: When talking about measurement of cost and benefit, there are various financial analysis tools to be…

Q: 25. Ms. Bates purchased an annuity contract that pays her $120 per month beginning March 1, 2020.…

A: The income is basically the total amount calculated when the costs are reduced from the revenues.…

Q: How is the first mover advantage related to schelling's paradox of commitment

A: To be first allows a company to develop a strong brand. It also boosts client retention before…

Q: A fam han the production function F(L, K)- 2 min(L, 10K). The curent input level in (L. K)- (12, 1).…

A: The marginal product of capital (MPK) measures the change in output produced due to the change in…

Q: B. Use the data in the table below to calculate the opportunity cost of moving from production point…

A: Opportunity cost refers to loss that occurs due to giving up the next best alternative while making…

Q: The following table represents a monopoly's total cost and total revenue at different output levels.…

A: Fixed cost is the cost that remains same at all levels of output. It doesn’t  depend on the level of…

Q: Set up an equation (don't have to solve) that could be solved in order to find the value of Q on the…

A: We can use present value of both the cash flows as a reference point in order to make the cash flows…

Q: (a) The YTM on a three year bond is 5%. What is the average expected short rate over the life of the…

A: Since you have posted 2 parts that are not related to each other so we consider it 2 questions, and…

Q: Please explain briefly in your own words why firms in perfect competitive markets are price takers…

A: In perfectly competitive market there are many firms operating and all the goods are homogeneous…

Q: 10

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

Q: Match the multi-variable function on the left with the scale property. Q(K.L) =4K1.5L1.5 A…

A: "Returns to scale check how output changes when all inputs in the production process change by same…

Q: An automobile tire manufacturer collected the data in the table relating tire pressure x (in pounds…

A: Answer: Given, x Mileage f(x) 28 43 44 30 51 51.9 32 56 55.1 34 50 53.5 36 47 47.3…

Q: If any of your answers are negative, put a minus sign in front of the number. You are given the…

A: We know ,  TC = TFC + TVC  MC = TCn - TCn-1 TFC = AFC * Q TVC = AVC*Q TC = ATC*Q

Q: Determine which option, if any, should be chosen based on net present worth using a 8% interest…

A: Given,  Alternative A :First Cost : $5,000Annual Benefit : $1,100Life : 5 yearsAlternative B :First…

Q: Which of the following is likely to have the largest effect on spending? O A. A change in expected…

A: People spend out of the income they have already earned .  and spending influence the aggregate…

Q: 7. In the Financial Times article "UK businesses expect prices to soar in the coming year" (3 March…

A: It includes the board of cash supply and loan fee and is the interest side economic policy utilized…

Q: Disney’s 2021 and 2020 Christmas adverts ‘The Stepdad’ and ‘From Our Family to Yours’ depict…

A: Globalization, standardization, and localization Standardization refers to developing, promoting,…

Q: 1) The equation that economists use to measure the utility from a bundle of goods is called the…

A: Utility is the value or satisfaction which a consumer gets from consumption of goods.

Q: 2a. What is the difference between Kyoto Protocol and Montreal Protocol? 2b. What kind of regulatory…

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

Q: Assume that investment spending is no longer affected by output but only by interest rates. Given…

A: Here, it is given that investment spending is only affected by the change in interest rate as a…

Q: explain how taxes and subsidies can be used to internalize externality. Next, give an example of the…

A: Tax is an obligatory instalment to the public authority by the pay gatherings. The subsidy is an…

Q: WHAT IS THE IMPORTANCE OF ECONOMIC GROWTH?

A: Economic growth indicates that a country's limited resources are being used more efficiently. It is…

Q: True or False: While the purchasing power parity concept is interesting, it doesn't give us a good…

A: The purchasing power parity theory states that the value of goods and services in two different…

Q: First, write out the expression for the real exchange rate. Second, explain all factors that…

A: The real exchange rate represents the value of a nation's currency with respect to the currency of…

Q: It approximates present value of what will be received through ownership of property, including…

A: At the marketplace, present value of a specific asset can be determined in different ways such as…

Q: The figure below illustrates the practice of international price discrimination by a Chinese shoes…

A: Price discrimination occurs when the firm is charging different prices to a different group of…