Which term refers to a legally established maximum price that firms may charge? A a price ceiling B a subsidy Ⓒ C) a price floor D a tariff

Q: X4

A: We know that The unemployment rate refers to the fraction of the total labor force that is…

Q: A. How much money should be deposited each year for 12 years if you wish to have $25,200 in the…

A: The future worth formula is FV=PV(1+i)n , where the PV rises for each period into the future by a…

Q: The following graph shows Sarah's budget line. Suppose the bus fare is $2.00. What is Sarah's weekly…

A: Opportunity cost is the foregone income which could have been earned if resources were invested in…

Q: Doesn't the demand curve shift as well?

A: When there is an increase or decrease in the demand for labor due to some reason other than the…

Q: A firm has found from past experience that its profit in terms of number of units x produced, is…

A: PROFIT is the amount which is calculated as the difference between total revenue and total cost.…

Q: False

A:

Q: True or false   For South Africa, an exchange if R9/$ is equivalent $0.11/R by the direct method…

A: The exchange rate is the price at which one currency will be exchanged opposed to another currency.…

Q: You have just moved to a new country to take up a two-year assignment. You need  to buy a car and…

A: In the process of making decisions, economic analysis is unavoidably a crucial instrument. Before…

Q: Question A certain good has its average revunue curve as, AR = 48 - 3Q and supply curve as, P= 10 +…

A:

Q: The fixed cost at Harley Motors are $ 1Million annually. The min. product has revenue of $27.59 per…

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: Product X currently sells for $12 per unit. The variable costs is $4 per unit and 10,000 units are…

A: Meaning of Cost: The term cost refers to the situation under which a firm occurs various expenses…

Q: How much should I invest today and expect a reimbursement every other month with a ROR of 0.09…

A: given that, reimbursement every other month with a ROR of 0.09 compounded bi-monthly for 4 years.…

Q: Consider a consumer with expenditure function e(p, u) = p2u - √ Suppose that the consumer has wealth…

A: We are given:  Expenditure function : e = P2u - P22P1 Rearranging the expenditure function to get…

Q: per capita income of the world increased dramatically, we would expect that Select one: a.…

A: The energy is the most crucial source of growth and development. The deficient energy will lead to…

Q: Year.      Bank.          Total Deposits 2018      STANBIC.      6,205,018  2019.       Stanbic.…

A: As per the given information, the total firms are 5 as there are Absa. are 2 times given  Firms are…

Q: 2. Give a graphical confirmation of the sign of the multiplier 20 od for the linear one-commodity…

A: Answer..

Q: An industrial plant bought a generator set for P90,000. Other expenses including installation…

A: Purchasing cost of generator = P90,000 Installation cost = P10,000 Life of the generator = 17 years…

Q: CHOICES: a. Both statements are TRUE b. 1st statement is TRUE, 2nd is FALSE c. Both statements are…

A: Meaning of Agriculture Economics: Here, the term agriculture economics is all about allocating and…

Q: Explain the circumstances where the law of supply may not hold.

A: The Law of supply shows the positive relationship between price and quantity supplied, other things…

Q: PRICE (Dollars per bike) 500 450 400 350 300 250 200 150 100 50 0 0 MC 50 100 150 ATC MR 200 250…

A: A scenario called monopoly happens once there's only 1 marketer within the market. The monopoly case…

Q: 4. The catch-up effect Consider the economies of Blahnik and Gribinez, both of which produce gobs of…

A: given that, the economies of Blahnik and Gribinez, both produce gobs of goo using only tools and…

Q: Figure 4-2 ↑Price 10 9 + 8 Panel 1 Demand 12 3 4 Demand 1 7 8 Quantity 10 9 8 ↑ Price 1 2 Panel 2…

A: The demand curve only shifts when there is a change in any non-price factor.

Q: Suppose we observe an increase in the world price of coffee beans. Which of the following best…

A: Shortage refers to a situation in which the demand for the good exceeds its supply. This leads to a…

Q: 7. "We are fast approaching the stage of the ultimate inversion: the stage where the government is…

A: A government is a corporate body with the power to enact social standards within a certain…

Q: Explain the difference between fiscal policy and monetary policy. What are some of the reasons these…

A: Fiscal policy and monetary policies are instruments utilized by governments to offer impetus to the…

Q: evaluate different approaches to conducting an internal environmental analysis

A: Introduction It is crucial to look at the internal environment because, according to Ghadar, F.…

Q: A company has established that the relationship between the sales price for one of its products and…

A: The profit maximisation condition for a firm is to equate the marginal revenue and marginal cost…

Q: Question 24 Consider the following production alternative, 40 capital goods and 240 consumer goods.…

A: Production possibilities schedule is a tabular representation of different combinations of two goods…

Q: Why is it important to learn Entrepreneur? What should i do to be a successful entrepreneur?

A: In the market, organizations are the entities that work to produce output to earn revenue, maximize…

Q: Suppose that an ISP leases a new server in order to increase the speed of Internet service by…

A: The term cost describes any expense a business has when producing its goods or rendering its…

Q: Jim Bildery's factory is considering three approaches for meeting an expected increase in demand.…

A: There are three options with the firm to increase the demand - Increase Capacity , Use Overtime ,…

Q: Imagine that you have an "eatery" business, enumerate and briefly discuss your factors of production…

A: The different factors of production include capital, land, labour, and entrepreneurs. These are…

Q: Two firms compete in selling homogeneous goods. They choose their output levels q1 and q2…

A: We know that market forces demand and supply lead to determination of price and quantity of goods.…

Q: Need help with this. Picture 2 empty spots possible answers, You can choose only 1: Consider the…

A: When the price of sedans increased from $15k to $20k, it will lead to leftward movement on the…

Q: 1. Economic growth around the world The following table reports real income per person for several…

A: Real income is how much cash an individual or entity makes in the wake of accounting for inflation…

Q: Will consumers benefit with the price floor?

A: A price floor is the bare minimum that a consumer must pay for a product or service. Government…

Q: Many large corporations, such as General Motors and Apple, operate in markets that are not even…

A: There are many buyers and sellers in a market with perfect competition, and they all start the…

Q: Years           Bank            Loan advance 2018          STANBIC        2,584,735 2019.…

A: The Herfindahl-Hirschman Index or HHI refers to the common measure for market concentration and it…

Q: The price/demand function of a company is p=42-0.001D and the cost function is 30D+1200. Determine…

A: Given Information: Demand function; p=42−0.001D Cost function: TC=30D+1200

Q: The poinsettia is a wildflower native to Mexico. It was almost unknown in the U.S. until the Ecke…

A: This scenario shows a shift from Monopoly's one seller to several sellers. Price changes are known…

Q: evaluate different approaches to conducting an external environmental analysis

A: The practice of identifying every internal and external factor that might have an impact on an…

Q: #7

A: Non-price factors cause a change in supply whereas quantity supplied is affected by changes in…

Q: Increases in GNP per capita are often interpreted as increases in welfare. What are some problems…

A: GNP refers to gross national product, it is the total money value of all final goods and services…

Q: Required information Consider the following factors. 1. (F/P,19%,34) 2. (A/G,23%,45) nd the…

A:

Q: Lightview produces and sells overhead projectors to schools and colleges. Each overhead projector…

A:

Q: About how many years will P100,000 earn a compound interest of P50,000 if the interest rate is 9%…

A: given that, principal(p)=P100,000 compound interest= P50,000 amount(A) = P150,000 interest rate is…

Q: Using the economic data below, Which statement about unemployment is true? Year GDP in Billions GDP…

A: Here, the given table gives information about the value of GDP (in billions) and the growth rate of…

Q: Question 16 The following graph shows Sarah's budget line. Suppose the bus fare is $2.00. What is…

A: Budget constraint shows the different combinations of goods that can be purchased by a consumer with…

Q: Drag the production possibilities frontier on the graph to show the effects of a time saving…

A: The production possibility curve represents the all possible combination of two goods produced by a…

Q: 7. "We are fast approaching the stage of the ultimate inversion: the stage where the government is…

A: A government is a legal entity having the authority to impose social norms within a given…