Which of the following is a typical example of a variable cost of production in a business firm?  A. Property insurance B. Property tax C. Raw materials D. Wages paid to salaried employees

Q: The output from a McDonalds restaurant would be classified as ________ production.A) quaternary B) p...

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

Q: What are the difference of Tariff and non-tariff restrictions?

A: Tariff restrictions are the tax restrictions and non-tariff restrictions are the non-tax restriction...

Q: Which of the following are true regarding the law of diminishing marginal utility? The more a person...

A: The marginal utility derived from each additional unit decreases as consumption increases, according...

Q: 3. The Ocean Spray juice company on Cape Cod has developed a new piece of machinery that can bottle ...

A: Supply is a fundamental economic concept that describes the total amount of a specific good or servi...

Q: Reasons for supply curves being positively sloped include: A) typically, as output rises, unit cost...

A: Supply refers to the quantity of the good which the producers are willing to produce an offer for sa...

Q: Compare the emission fee vs. the cap-and-trade system to deal with an externality, in the presence o...

A: Emission fee is the tax imposed on the pollution emitted in production of goods and services. It is ...

Q: 3. Use the wage curve and the profit curve to show the equilibrium in a model of the labour market. ...

A: If a person is unemployed even though he or she is willing to work with the current sàlary then this...

Q: Problem 3 You found your utility preference given by U(w, d) = ", where w is your wage, and d is the...

A:

Q: Mr. Alhambra has instructed his bank to establish a trust fund that will provide P10,000 per year fo...

A: Interest= 5% P= in 5 years is 10,000  10 yrs is 8,000 

Q: Movement of Labor and Capital Between Countries In the short‑run specific‑factors model, examine the...

A: a. The decrease in labour supply will decrease the supply curve for labour from S to S1. Therefore, ...

Q: The table shows the market for house painters in New Mexico. Quantity supplied (house painters) Quan...

A: * SOLUTION :-   Given that ,   

Q: The market for N-95 masks is perfectly competitive. Market Demand is given by Q=398-2P and Market Su...

A: Given: Q=389-2P Q=3p Price Floor=$133 Now,Equilibrilium Price will be achieved when:Quantity Demande...

Q: Amy is facing the following decision problem with monetary outcomes, expressed in terms of changes i...

A: Given,  Amy's decision problem with monetary outcome There are two acts : a and b There are two sta...

Q: 6. (See week 5 Autumn Term) Assume you can work as many hours you wish at £12 per hour (net of tax)....

A: ANSWER    Assume you can work as many hours you wish at £12 per hour (net of tax). If you do not wor...

Q: Use Fisher 's form find the price index number of the following table: Commodity Unit Base Year Curr...

A: To compute the price index through Fisher's approach, a specific formula is: ∑P1Q0∑P0Q0×∑P1Q1∑P0Q1××...

Q: Funny Bunny is considering installing ice-cream stalls on Turtle Beach. The length of the beach is 5...

A: Costs associated with Selling ice-cream : Transportation Cost = 2.5 each  To make = 0.5 each  Overhe...

Q: The graph shows the domestic demand and domestic supply for soybeans. Assume this country is open to...

A: Answer: If the tariff of $10 is imposed then the world price will increase by 10. According to the ...

Q: The market price of cheeseburgers in a college town decreased recently, and the students in an econo...

A: When the new burger joints recently opened in the area than it leads to a rise in the production of ...

Q: Which of the following is an example of fiscal policy? O a Controlling money supply. O b. More than ...

A: The use of government spending and tax policies to impact economic conditions, particularly macroeco...

Q: Production Function. Consider the Cobb-Douglas production function discussed in class: F(K, L) = AK...

A: The Cobb–Douglas production function is a functional form of the production function that is widely ...

Q: how do I illustrate an increase in a price of an item resulting in consumers buying another item

A: Law of demand says the more of goods is purchased at low price and vice versa keeping other factors ...

Q: A policy that increases total economic surplus but makes one person less well-off may not be economi...

A: ANSWER:OPTION B(may be economically efficient but violates the pareto criterion) The policy that inc...

Q: 3. An industry is subject to agglomeration economies (and diseconomies). The profit per firm is £100...

A: Firms cluster in cities to take advantage of external economies of scale in production, which arise ...

Q: The market price of cheeseburgers in a college town decreased recently, and the students in an econo...

A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...

Q: Question 6 Emma S. and Madelyn G. charge people to park on their lawn while attending a nearby craft...

A: * ANSWER :-  (6)   From the given information the answer and explanation is provided as  follows    ...

Q: A coupon bond with a face value of $1200 that pays an annual coupon of $200 has a coupon rate equal ...

A: A coupon is the interest payment received by a bondholder from the date of issuance to the maturity ...

Q: Describe and justify your choice of the most appropriate indicators, such as GDP, literacy rates, he...

A: The measure which estimates the value being added in a country which is the sum of the final value o...

Q: . If a carbon-offset project is already profitable, is it ethical to provide credits over and above ...

A: The projects that are based in developing countries that are being designed to reduce emissions in t...

Q: monopoly is considering selling several units of a homogeneous product as a single package. A typica...

A: Answer to the question is as follows:

Q: Which of the following events will lead to a rise in the level of national income in an economy?    ...

A: Which of the following cases will lead to a rise in the national income in an economy?     

Q: (a) A man bought a Ford vintage car for PhP 210,000 on installment basis at the rate of 12% compound...

A: Here we calculate the followings terms by using  the given information and conclude the statements s...

Q: Which is characteristic of a product with elastic demand?  A. The good is regarded by consumers as a...

A: Demand is inelastic for products which have no close substitutes eg tobacco.

Q: What is the most likely effect of the development of DVDs, rental movies, and online movie streaming...

A: The demand is inelastic when there are no close substitutes available and elastic when there are sub...

Q: Average wage per month in 2000 is $ 2,000. What should be dearness allowance expressed as % of wages...

A: * SOLUTION :-    Given that ,   

Q: There will be a downward movement along the supply curve. There will be an upward movement along the...

A: There is positive relationship between supply curve and the price of the good. As the the price of t...

Q: Under perfect competition a firm will increase output if:      A) marginal cost equals marginal rev...

A: A perfectly competitive firm takes the price set by the market forces and sells each unit of its out...

Q: Assume that the US economy expands and that the US Federal Reserve Bank, worried by rising inflation...

A: If there is an expansion in the United States, it will lead to arise inflation in the economy due to...

Q: Suppose that Kat likes arrows and food. Kat's potential indifference curves for these two goods are ...

A: Indifference curve is used to analyze a consumer's consumption behavior and utility gained from the ...

Q: Question 6 If people develop a new liking for pastelitos and begin to favor pastelitos to a greater ...

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

Q: 1. Using the data, the following equation was obtained by OLS: log(salary) = 4.32 + 0.600 log(sales)...

A: Answer-

Q: Use the table below to answer questions about a firm's hiring decision. Labor (workers) Output (unit...

A: Marginal product of labour means a unit change in labour how much total product will change .  It sh...

Q: A supply and demand puzzle e following graph shows the market for laptops in 2010. Between 2010 and ...

A: The demand curve is a graphical representation of the negative relationship between the price and th...

Q: If a 6% increase in price leads to a 12% decrease in quantity, then we can conclude that the price e...

A: In economics, price elasticity is a measure of how reactive the marketplace is to a change in price ...

Q: Exhibit 2 Price Supply P2 P1 Q1 Q2 Quantity Use Exhibit 2. Which of the following statements is (are...

A: Producer surplus is the area above the supply curve and below the price line. 

Q: Provide example on how individuals may get finding from the capital markets?

A: Capital market is the market where long term funds are raised by individuals , firms , companies . I...

Q: Create a butterfly. Select options suitable for a long butterfly strategy using options that expire ...

A: In Long butterfly strategy calls are made through put ie one call is bought at low price and another...

Q: Northland Bank plc has £600 million in deposits. It faces a statutory liquidity ratio of 10%. It mus...

A:

Q: 1) The Bass model is often used to model the adoption of a given product. What are the main paramete...

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

Q: A company has determine the price and the monthly demand of its products are related by the equation...

A:

Q: Assume Reginald has the option of choosing between two goods, X and Y, both of which have a positive...

A: Answer - "Thank you for submitting the question.But, we are authorized to solve only "3" subparts. F...