Q: p = S(x) = 20 + 0.4x + 0.003x? The quantity supplied at the price p is x = D (Round to the nearest…
A:
Q: 4. Net capital outflow and net exports An open economy interacts with the rest of the world through…
A: Given; Net capital outflow= Export A trendy boutiques in Bangkok purchased entire inventory of a…
Q: An open economy interacts with the rest of the world through its involvement in world markets for…
A: As a buying manager, you now pay $1,500,000 for tea shipment.
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: Discuss the two main types of related goods according to demand and supply analysis
A: Demand and supply are two main economic concepts used to determine the price and quantity of a good…
Q: 12. Consider an economy without technological progress and population growth. The production…
A: Y = K2/3 N1/3 Divide both sides by N to get per capita production function. Y/N = (K2/3 N1/3) / N…
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: Please arjent please help
A: The money demand curve shows the inverse relationship between the interest rate and the quantity of…
Q: Draw a graph of the following function: y= e^x/(1+e^x)
A:
Q: 2. The Home economy can produce two goods in autarky: clothes and food. Suppose the price of…
A: The Production Possibilities Frontier (or PPF) is the curve that denotes the optimal output quantity…
Q: Video streaming service Netflix is expanding rapidly around the globe. It is currently available in…
A: An international growth strategy includes decisions on primary markets of focus, target customer and…
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: If a single price monopolist's linear demand curve has vertical intercept of 212.13 and horizontal…
A: When faced with a linear demand curve, a monopoly firm's marginal revenue curve is also linear,…
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 various activities, which are in the form of economic…
Q: Describe demand curve and supply curve,
A: The demand curve and the supply curve are the graphical representations of the quantity demanded at…
Q: A basket of products and services cost $400 in the base year. If the Consumer Price Index (CPI) in…
A: CPI measures the price of market basket of goods and services bought by a consumer. Inflation rate…
Q: Economists who support a hands - off approach believe that a cause of business cycles is O A.…
A: The cyclical movement of an economy as it swings from growth to recession and again is known as an…
Q: What is the biggest industry today.
A: An industry is known as the branch of economy that produces raw material, goods, or other 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: Suppose that banks hold $20 billion in total reserves and the nublic holds $5 billion in cash.…
A: Since the question you have posted consists of multiple parts, we will answer the first three…
Q: Assume the legal reserve ratio is 20 percent. Suppose that the Fed buys $500 of securities from…
A: "When Fed buys securities from individuals then there is an increase in the reserves of the…
Q: The Flynn manufacturing company is undergoing a review by the board of regents for expounding their…
A: The net present value is the best alternative approach for calculating the dynamic calculations of…
Q: An individual transferable quota (TO) is a limit that is assigned to an individual who to transfer…
A: An individual transferable quota (ITQ) is imposed by the government on individuals or firms.
Q: How is fertility measured?
A: Fertility is defined as a capability of an individual to produce off springs through reproduction.…
Q: D7) Why is congestion treated as an externality in Urban Economics?
A: The externality is side effects that could be positive or negatives. Such effects are not taken into…
Q: If you were on an island with 10 other people and there were no money, do you think that money would…
A: Money economies and barter economies are the two sorts of economies. Our modern economies are based…
Q: 1. If the government puts a tax on the buyers of milk, then A.buyers will bear the entire burden of…
A: Taxes are the principal source of revenue for most governments. They are, simply put, a tax or levy…
Q: On the folowing graph, use the green point (triangle symbol) to plot the annual total revenue when…
A: The total revenue is the full amount of revenue earned by the sales. The formula for total revenue…
Q: When describing the Herfindahl-Hirschman Index (HHI) in class, one slide suggested, “Weight each…
A: Herfindahl-Hirschman Index (HHI) is used to determine market competitiveness before and after Merger…
Q: Imagine that the markup practiced by firms in an economy is 5% The degree of the protection of…
A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: Consider the following data:
A: Since the question you have posted consists of multiple parts, we will answer the first question for…
Q: How is migration measured
A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…
Q: To maximize profits, firms produce the level of output that: O a. equates total revenue and total…
A: Output level is determined at the point where the firm maximize it's profits.
Q: 3. Determine the present worth of an annuity consisting of 14 quarterly payments each S1000, the…
A: The annuity is the series of equal payment of money which has equal gap in periods . Ordinary…
Q: Consider the game having the following normal form. Which of the following strategies of the row…
A: Dominant Strategy: It is a term mainly used in game theory. In which, a player will always be on the…
Q: The graph above shows the market for a one-year discount bond with a face value of $1,000. The…
A: Crowding out refers to the decline in private investment due to increase in interest rates caused by…
Q: The table below shows the data for males and females ages 16 and over in the country of Scoob in…
A: Unemployment is the situation where a person is willing and able to do some work but is not getting…
Q: Assume that Derryland and Whetonia can switch between producing cheese and producing bread at a…
A: Comparative advantage basically refers to an economy's ability to produce a certain item or service…
Q: An import tariff on a specific good means consumer surplus and producer surplus O a. Increases;…
A: Import tariffs lead to rise in the price of imported goods. Thus, the demand for the domestically…
Q: Construct the following graphs for the US economy using the data from FRED, BEA, and BLS websites.…
A: The total monetary or market value of all finished goods and services produced within a country's…
Q: What does the B curve reflect and what do points on, below and above the BP curve indicate?
A: The BP curve shows which I and Y combinations result in equilibrium in balance of payments. For a…
Q: Assuming the economy is in long run and the govt implemnents a tax cut of $420 Billion, there is no…
A: Here, it is given that the government implements a tax cut of $420 billion in the economy when…
Q: Fill in the blanks using the number that corresponds to the correct word or phrase in the word bank…
A: The situation that depicts people who are looking for a job but are not able to find a suitable job…
Q: H3. The Fed wants to change the reserve requirement ratio in order to increase the money supply…
A: Here, given information is: Current demand deposits: $5,000 Money multiplier: 5 Required change in…
Q: If the appropriate discount rate for this project is 14%, then the net present value (NPV) is…
A: Given interest rate = 14% Present value of each cash flow = cashflow /(1 + rate)^time For year 0 =…
Q: Which colony was NOT established as an economic venture? Answers A.Virginia B.New France C.New…
A: An economic venture is a kind of business endeavour in which the result of the company is…
Q: Margin trading occurs when a ________. Question 2 options: A) broker does not charge…
A: Margin refers the percentage of equity of an investor. Central bank has set the minimum requirement…
Q: Which of the following production functions exhibit decreasing returns to scale? In each case y is…
A: For option (a) y = 3K12L12 we increase each factor by proportion m Now, we have y' = 3(mK)12(mL)12=…
Q: Suppose an economy can be described by the expression C+ IG = AE. If the consumption function is C =…
A: Equilibrium in the market occurs where aggregate expenditure equals production.
Q: Lead time usage refers to the length of period it takes to order and receive goods and also called…
A: In the mentioned question we have been asked what is lead time.
Trending now
This is a popular solution!
Step by step
Solved in 3 steps
- Each of these are possible benefits from a monopoly EXCEPT A. the ability to minimize deadweight loss from production. B. potential economies of scale from production. C. more jobs in research and development. D. new innovations in technology and in the creative arts.Is a monopoly always bad for society? a. No. For example, patents on medications create monopolies, and increase the price and reduce the quantity sold, but without them, no one would take the high costs of developing new drugs and the quantity will be... zero! b.Monopoly is not bad if its owner gives back to society in charity. c.Yes, Monopoly is always bad d. None of the other answers is correctWhich of the following is least likely to present a barrier to entry into a market? A. Patent laws B. Technological advantages C. Economies of scale D. Products are considered identical
- When does a company officially become a monopoly? a. when it controls more than 25 percent of the output of a certain product b. when the government decides the company is a threat to the national economy c. when a company controls the output for a marketable product without meaningful competition d. when a company controls more than 50 percent of the output of a product1. Draw a graph of a typical natural monopoly with declining costs. a. Label monopoly price and quantity. Identify the area of deadweight loss when the monopoly chooses the profit-maximizing level of output. b. Label marginal cost price and quantity. i. How will the area of deadweight loss be impacted with marginal cost pricing? ii. What are the drawbacks to this approach? c. Label fair return price and quantity. What are the pros and cons of fair return pricing? d. What is incentive regulation? What are the positive and negative impacts of this strategy?When the market for a good is efficient, the good’s price is $14. When the market is controlled by a monopoly, the good’s price is $18. What is a possible value for the price of the good if there are two competing oligopolists in the market? A. $14 B. $18 C. $16 D. $19 E. $13 _______
- Which of the following is not an artificial barrier to entry into a monopoly market? Answers: A. Patent B. Economies of scale C. Legal harassment D. Bundling productsa.Describe in your own words the concept of market power. b. What are the three reasons that a market might have a Monopoly? c. Give an examples of two monopoly Firm exercising its market power.Why might governments seek to regulate monopolies? A. Most monopolies are created through corrupt practices B. Most monopolies are highly efficient at allocating resources, which limits competition C. Monopolies can lead to socialism D. Most monopolies allocate resources inefficiently
- Critically evaluate and explain each statement:a. Because they can control product price, monopolists are always assured of profitable production by simply charging the highest price consumers will pay.b. The pure monopolist seeks the output that will yield the greatest per-unit profit. c. An excess of price over marginal cost is the market’s way of signaling the need for more production of a good. d. The more profitable a firm, the greater its monopoly power. e. The monopolist has a pricing policy; the competitive producer does not. f. With respect to resource allocation, the interests of the seller and of society coincide in a purely competitive market but conflict in a monopolized market. g. In a sense the monopolist makes a profit for not producing; the monopolist produces profit more than it does goods.Please submit the answer and then watch the video feedback.Tony's Tree Service is the only firm in a town that removes large trees. Tony invested in costly bucket trucks and wood chippers when he began his business. Which of the following best describes the barrier to entry that allows Tony to keep his monopoly? a.monopoly resources b.government-created monopoly c.natural monopolyWhich of the following is likely a monopoly? a.All other answers are correct b. The Beatles (in being able to legally produce Beatles cds) c.A grocery store in a small town that has only 2 stores. It is a snowy and cold day , and the stores are located in opposites sides of the town. Driving to the other side to buy at the other store is then dangerous and uncomfortable. d.Microsoft - in the operating system market Which one ??