only when short on funds. to suggest product size. to suggest product quality. to determine income requirement. to suggest potential product use.
Q: With respect to group formation, what does uncertainty avoidance help to provide for individuals…
A: Uncertainty avoidance refers to individuals in a country preferring controlled settings to…
Q: Assume that output growth in the U.S. is 2%, money demand (L) is decreasing by 1% per year and money…
A: As per the quantity theory of money, in the event that how much money in an economy copies, all else…
Q: The Blumen Yacht Building Company buys Marine Parts Corporation, a fum that makes shipbuilding…
A: A corporation refers to a legal entity that is different from its owners and exists independently…
Q: Due to the severity of COVID 19 on households, the government of Australia announced Job Keeper…
A: COVID 19 causes deadly disease and affects everyone in the world. However, the effects are taken…
Q: An energy company wants to have $ 3.1 billion available 6 years from now to finance the production…
A: We need to find the value of G
Q: Based on the model of demand and supply, the demand and supply functions are given at the following…
A: Given, P = 4QS QD = 500 – P ; 500 - QD = P Using the above, we get, 4QS = 500 - QD…
Q: Economics 1) Shun owns a karate studio. He conducts lessons for both children and adults and offers…
A: Note: You have uploaded more than one question at a time. Hence, we shall solve only the first one…
Q: Chemco Enterprises is the manufacturer of Ultra-Dry, a hydrophobic coating that will waterproof…
A: Given, Initial cost (P) = 32,000 Net annual revenue (A) = 29,000 - 18,000 = 11,000 Salvage…
Q: "The Consumer Price Index increased by 4.2 percent in the first quarter of this year." What type of…
A: Introduction consumer price index CPI is defined as the weighted average market of services and…
Q: Leon and Heidi decided to invest $2,500 annually for only the first eight years of their marriage.…
A: First 8 years investment will earn different type of interest income as Annuity because annually…
Q: Teresa spends her entire scholarship of PLN 600 for the purchase of drinks and food. 1. Draw…
A: Total Budget: PLN 600 Price of drink (x) = 5 zlotys Price of dinner (y) = 20 zlotys
Q: 2. Please use a graph to produce aggregate supply in classical model under the assumption of nominal…
A: Before the Great Depression, the Classical Model was popular. It claims that the economy is very…
Q: Consider a consumer with preferences represented by the utility function: u (x, y) = x+y a. Draw a…
A: Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: Question 1 Suppose a British Columbia has a total of 12 units of labour, which can be used to…
A: Shortage in financial matters alludes to when the interest for an asset is more prominent than the…
Q: Suppose employers sort employment applications into high-ability and low-ability people based on the…
A: Suppose employers sort employment applications into high-ability and low-ability people based on the…
Q: alculate the capitalized cost of an equipment maintained at a rate of 6% every year for P10,000,…
A: A fixed asset's cost basis on a company's balance sheet is increased by an expense known as a…
Q: Question 14 Mike's Mechanic Shop increased its total monthly revenue from $6,500 to $7,200 when it…
A: 14. Given, TR1= $6500 TR2= $7200 P1= $65 P2= $50
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: Country A produces GDP according to the following equation: GDP = 5√K. The country has a savings…
A: A steady-state economy seeks to strike a balance between increases in output and population growth.…
Q: Question: Which of the following rises during a contraction and falls during the expansion phase of…
A: A business cycle is a cycle of fluctuations in the Gross Domestic Product (GDP) around its long-term…
Q: Abolition of intermediaries, ceiling of land holding, consolidation of holding, regulation of rent,…
A: Indian development economics: Financial development with expansion in genuine per capita pay,…
Q: Six projects have been identified for possible implementation by a company that makes dry ice…
A: Budget limitation represents the funding amount unrestricted to stimulate someone to receive…
Q: Which of the following is assocaited wtih FPI? A.) equity shares and loans B.) building…
A: Foreign portfolio investment (FPI) comprises of protections and other monetary resources held by…
Q: If you borrow $5,500 to buy a car at 12% compounded monthly, to be repaid over the next four years,…
A: Since amount is compounded monthly, monthly interest rate is 0.12/12 and number of periods is 12*4.…
Q: Answer the following question.. "The Consumer Price Index increased by 4.2 percent in the first…
A: The statement shows that the consumer price index is increased by 4.2 percent. Consumer Price index…
Q: Suppose that empirical studies of the human-capital theory find conclusive evidence that education…
A: This is MCQ question related to public policy
Q: A company is currently using its two inputs L and K, where MPL - 3.2K04L 02 and MPK - 1.6K -0.6 0.8…
A: At the optimum and efficient point we know: MRTS = Price Ratio of the inputs MRTS = MPLMPK = wr…
Q: When private costs differ from social costs, leading to a Tragedy of the Commons, which of the…
A: When private costs differ from social costs, leading to a Tragedy of the Commons then there must be…
Q: = Country A produces GDP according to the following equation: GDP 5K. The country has a depreciation…
A:
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: This is the third time. please answer correctly. A characteristic NOT found in a group disability…
A: Group Disability Income Policy If an employee is unable to work for a certain amount of time due to…
Q: According to Consumer Reports, 68 percent of total start-up financing comes from personal resources.…
A: Consumer Reports, 68 percent of total start-up financing comes from personal resources
Q: T/F In 1981, when regulations were holding the price of natural gas below its free-market level,…
A: The law of supply and demand primarily affects the oil business by decisive the worth of "black…
Q: g) The net gain to society created by this market is $__________.
A: The "social surplus" is the sum of consumer and producer surpluses. The total surplus is more than…
Q: Assume the following: Spot USDBRL = 5.0500 1YR USD Money Market Rates = 1.50%…
A: The spot rate is otherwise called the money cost since this can be traded for cash today. A forward…
Q: = Optimal inputs: A firm has a production function, y Py = 20, pe = 4, Pk much profit do they earn?…
A: Given Production function: y=ln(lk) ... (1) price of good y is 20 Price of labor = 4 Price…
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: Which of the following theories explains why better-educated workers are paid more than…
A: The theory that explains that why better-educated workers are paid more than less-educated workers…
Q: Using a graph, draw a set of indifference curves that are not locally non- satiated. Explain in…
A: An indifference curve refers to a graphical depiction of a combined product that offers a buyer a…
Q: Which is the best example of human capital A.) Roads, bridges and other infrastructure…
A: Introduction Human capital It refers to the economic value of the workers and and their Experience…
Q: What is laissez-faire theory and is it applicable to the economy? Why and why not?
A: Laissez Faire theory is free form of economy where the government intervention is absent in the…
Q: What are the causes of the monopoly market need only 3 causes ..?
A: A monopoly market is described as a market structure in which only one buyer operates or there is…
Q: Suppose you are estimating a consumption function Y₁ = P₁+ B₂X₁+ and a saving function Z₁ = Ø₁ +…
A: Introduction Disposable income is generally consider as the addition of consumption and saving. The…
Q: employee who owns an individual Disability Income policy is injured in an automobile accident and…
A: The term disability income (DI) insurance alludes to an insurance policy that turns out revenue to…
Q: The United States has an absolute advantage in the production of many things. Why is it sometimes…
A: Trade refers to the exchange of goods and services between the two nations. Economist argues that…
Q: what are the determinants of demand for a product
A: Demand is the quantity of a good or service that people purchase at different prices during a given…
Q: 3. If the (own) price elasticity for Apple's iPhone is 1.5 (E = 1.5), then a 5% decrease in the…
A: 1. In this first Blank price and quantity are inversely related so the iPhone will decrease
Q: A food manufacturer is trying to maximize profit by selling wheat-based cereal (C) and wheat…
A: In economics, According to A production function provides the technological relation between…
Q: Suppose that with a budget of $110, Deborah spends $66 on sushi and $44 on bagels when sushi costs…
A: Given; Income; I=$110Money spent on sushi= $66Money spent on bagels= $44Cost of 1 piece of…
Q: Use the linear demand and supply curves shown below to answer the following questions.You must show…
A: A consumer surplus happens when the cost consumers pay for a product or service is not exactly the…
Step by step
Solved in 2 steps
- A website offers a place for people to buy and sell emeralds, but information about emeralds can be quite imperfect. The website then enacts a rule that all sellers in the market must pay for two independent examinations of their emerald, which are available to the customer for inspection. How would you expect this improved information to affect demand for emeralds on this website? How would you expect this improved information to affect the quantity of high-quality emeralds sold on the website?In 2010 the government’s main medical adviser drew up plans for a minimum price foralcohol intended to double the cost of some drinks.Under the proposal no drinks could be sold for less than 50 pence per unit of alcohol theycontain. This would mean most bottles of wine could not be sold for under £4.50. Theproposal is aimed at reducing alcohol abuse. A spokesman for an opposition party saidthat it was more important to deal with peoples’ attitudes and not just the price of alcohol.The Portman Group, set up by drinks manufacturers to promote sensible drinking, arguesthat it would damage the majority of drinkers who behave responsibly in terms of theirconsumption.The NHS bill for alcohol abuse is an estimated £2.7bn a year. Recent figures showhospital admissions linked to alcohol use have more than doubled in England since 1995.Alcohol was the main or secondary cause of 207,800 NHS admissions in 2006/7,compared to 93,500 in 1995/96. The number of alcohol-related deaths in England…Please no written by hand solution In 1972 the U.S. Food and Drug Administration (FDA) began requiring all aspirin manufacturers to package aspirin in bottles with child-resistant protective caps, to make it much harder for children to open the bottles and thus reduce the number of young children who died from overdosing on aspirin. (Children apparently thought the aspirin was candy.) Rather than decreasing, the number of young children who died from overdosing on aspirin actually increased. Use the Economic Way of Thinking to carefully and completely explain why requiring this safety device led to an increase in the number of children overdosing on aspirin.
- Bill is a professional photographer. His camera is broken, and he needs a new one within the next hour, orhe will miss an important deadline. Lisa is a highschool student who doesn’t have a camera but wantsto get one to take pictures at her prom next month.Who do you think would have a higher willingnessto pay for a particular camera today? Why?In 2010 the government’s main medical adviser drew up plans for a minimum price for alcohol intended to double the cost of some drinks.Under the proposal no drinks could be sold for less than 50 pence per unit of alcohol theycontain. This would mean most bottles of wine could not be sold for under £4.50. Theproposal is aimed at reducing alcohol abuse. A spokesman for an opposition party saidthat it was more important to deal with peoples’ attitudes and not just the price of alcohol.The Portman Group, set up by drinks manufacturers to promote sensible drinking, arguesthat it would damage the majority of drinkers who behave responsibly in terms of theirconsumption.The NHS bill for alcohol abuse is an estimated £2.7bn a year. Recent figures showhospital admissions linked to alcohol use have more than doubled in England since 1995.Alcohol was the main or secondary cause of 207,800 NHS admissions in 2006/7,compared to 93,500 in 1995/96. The number of alcohol-related deaths in England…1) John is operating an internation business in the United Stateds of American and is focused on the limitation or short-term impact of an issue. It can be said that John has a ............. 2) The grestest good for the greatest number of persons is known as the ............... approach. 3) this theorgy states that a country's wealth was deternmined by the amount of its gold and silver holding. It is ...........?
- urgently need yhisLIVING IN SPAINJackie moved to Spain to work for a public relations firm. She had health insurance from herprevious employer, but she was surprised to learn that her new employer in Spain did notoffer healthcare coverage. When she asked about this, she was told that more than 90percent of Spaniards use the public healthcare system, which was mostly free. However,her new employer did provide supplementary private health insurance that would allow herto receive quicker care from a private hospital if she desired.Jackie learned that she would be paying 4.7 percent of her salary and her employerwould pay 23.6 percent of her salary to the government for health insurance. She was given a Tarjeta Sanitaria Individual health card to prove that she had health insurance. With this,she could get free care at public hospitals and doctors’ offices. However, before seeing adoctor, she would need to register with a local primary care physician and decide whethershe would use public or private…Please no written by hand solutions Online shopping attracted a great deal of attention from researchers over the past two decades. The advent of the Internet and other disruptive technologies has had a fundamental effect on how consumers buy goods and services today. People can now order groceries online to be delivered to their homes, but this is still a relatively new concept in the South African market. Consumers remain sceptical about this way of shopping. Many researchers have studied consumer behaviour of online shopping and the conceptual factors influencing their intention to purchase groceries online. However, the influence of personality traits on consumer willingness to adopt online grocery shopping is largely under researched, especially in South Africa. QUESTION 1 The extract above briefly highlight the digital age that is upon us, and as such companies have to adjust to participate in the global and digital markets. Using relevant examples, critically discuss how…