-
Suppose that labor is paid a competitive hourly wage of $20, and suppose also that the competitive price of machines is $2 per machine and for cloth...
$10.00
Economics
Answered
-
The 130 campers at Bear Creek Campground love their own campfires but hate the smoke from their neighbors' campfires.
$50.00
Economics
Waiting for answer
-
b) At PX =80 , PY = 1300 AND I = 30 , the demand for good X is given by: QX =600 - 6*80 + 20*30 + 0.4*1300 QX = 1240 The point price elasticity of...
$35.00
Economics
Answered
-
What are the characteristics of an oligopoly?
$35.00
Economics
Waiting for answer
-
Suppose there is a cyberattack on big banks in the United States leading to decline in confidence in the banking system. What will happen in the...
$12.00
Economics
Answered
-
Poisson Distribution A statistics instructor has observed that the number of typographical errors in new edition of textbooks varies considerable...
$20.00
Economics
Waiting for answer
-
According to the Keynesian-cross analysis, if the marginal propensity to consume is 0.6, and government expenditures and autonomous taxes are both...
$15.00
Economics
Waiting for answer
-
The price of eating away from home (eating out) rises so demand for away-from-home meals falls. In the most fundamental economic sense, is this statement accurate? Explain.Second, what are some of the
$20.00
Economics
Answered
-
A country imports high tech products and exports agricultural products.
$35.00
Economics
Answered
-
Short-run supply and long-run equilibrium Aa Aa EL Consider a perfectly competitive market for steel. Assume that all rms in the industry are...
$35.00
Economics
Answered
-
Many of the findings of the adverse effects of bisphenol-A (BPA) have only been observed in rodent studies and not in human epidemiologic studies.
$15.00
Economics
Waiting for answer
-
Would each of the following groups be happy or unhappy if the U.S. dollar appreciated?
$12.00
Economics
Waiting for answer
-
The first element of a financial crisis is a)inflation. b) a decline in confidence in financial institutions. c) a relaxation of rules and...
$35.00
Economics
Answered
-
In the supply and demand model, a negative externality results in: A)The supply curve shifting to the right. B)The supply curve shifting to the left....
$12.00
Economics
Waiting for answer
-
Stella Ann Freeman is having a difficult time deciding whether or not to purchase a new car. How would understanding the concept of opportunity costs...
$20.00
Economics
Answered
-
https://www.navytimes.
$20.00
Economics
Waiting for answer
-
The chart below gives the data necessary to make a Keynesian cross diagram . Assume that the tax rate is 0. 3 of national income , the MPC out of
$15.00
Economics
Waiting for answer
-
Which of the following elasticities is not implicitly referred to in the news clip?
$35.00
Economics
Answered
-
PC Connection and CDW are two online retailers that compete in an Internet market for digital cameras.
$20.00
Economics
Answered
-
Jones is the manager of an upscale clothing store in a shopping mall that contains only two such stores.
$10.00
Economics
Answered
-
economy,lower prices or better paying jobs?If imposing a tariff on imports would create better paying jobs but raise prices,would you support it?Why?...
$12.00
Economics
Answered
-
Consider a monopolist informal moneylender and competitive formal creditors who lend to farmers. Farmers use the loan in cultivation.
$50.00
Economics
Waiting for answer
-
A can of Pop costs $0.75 and 12 pesos in Mexico. What would the peso-dollar exchange rate be if purchasing-power parity holds?
$12.00
Economics
Answered
-
Hello, I am stuck on this question. You are operating a firm in a perfectly competitive market. In the short run, you have fixed costs of $30.
$35.00
Economics
Answered
-
(This question refers to the MRU video 'Entry, Exit, and Supply Curves: Constant Costs'.) If demand increases in a constant-cost industry, then in...
$10.00
Economics
Answered
-
(This question refers to the MRU video 'Introduction to the Competitive Firm'.) The demand for oil from a particular oil well is: Select...
$20.00
Economics
Answered
-
(This question refers to the MRU video 'Introduction to the Competitive Firm'.) Which of the following is NOT one of the characteristics of a
$20.00
Economics
Waiting for answer
-
The economy in this question is a small open economy with a fixed exchange rate.
$10.00
Economics
Answered
-
"The Wedding Fight" Background Kyle and Kelly have been dating for three years.They've recently become engaged and are planning their upcoming...
$12.00
Economics
Answered
-
"As the credit crisis unfolded over the past year, one of the few certainties in the global economy seemed to be China's ability to plough on...
$12.00
Economics
Answered
-
Consider the market for feed corn, like no. 2 yellow corn. Keep in mind that this commodity can not only be feed to animals but also used to produce...
$35.00
Economics
Waiting for answer
-
The figure above shows the market for education. Education has an external benefit. a)If the market is competitive and left unregulated, how many
$50.00
Economics
Answered
-
Solve for the optimal budgetary choice of agent 1 in the exchange economy with u1(xa , xb)=xa 0.5 xb 0.5 and the price p referring to the price of...
$35.00
Economics
Answered
-
MSC a .
$50.00
Economics
Waiting for answer
-
Crystal and Kevin are partners at a management consulting firm.
$35.00
Economics
Answered
-
Suppose, as manager of Keynesian Brews , you wanted to increase your production of beer. How would you accomplish this in the short run and what
$35.00
Economics
Answered
-
An important source of temporary cash is trade credit, which does not actually bring in cash, but instead slows its outflow. Vendors often provide...
$15.00
Economics
Waiting for answer
-
John and Jane each have a budget of one hundred dollars to spend on apples and bananas at the local farmers market. Apples and bananas cost one...
$50.00
Economics
Answered
-
Given that: Home: L=20, aLC= 2, aLW= 1 Foreign: L*=20, a*LC= 2, a*LW=2 a)Prove that 2 countries benefit from trade b)Graphically illustrate the...
$50.00
Economics
Answered
-
The Uruguay Round of the GATT began a process of phasing out the use of voluntary export restraints. Why did they come into widespread use in the
$35.00
Economics
Waiting for answer
-
You have seen supply and demand in action and have practiced predicting how the market for smartphones will change in reaction to different...
$35.00
Economics
Answered
-
)Rounding approximates actual answers.)True B.)False 2.)Cancellation is a technique to reduce fractions to lowest terms.)True B.)False 3.
$35.00
Economics
Waiting for answer
-
If wages change from $10 per hour to $11 per hour, while Labor hired changes from 100 people to 80 people, and output changes from 1000 widgets to...
$15.00
Economics
Waiting for answer
-
People who quit smoking tend to gain weight, and obesity rates of former smokers are much higher than current smokers.
$12.00
Economics
Waiting for answer
-
Consider the following economy: Consumers maximize their utility U(C, l) = (l C)^0.
$15.00
Economics
Waiting for answer
-
Assuming the average cost curve lies above the entrant's residual demand curve, an entrant:
$12.00
Economics
Answered
-
Assume that both Bangladesh and Pakistan had the same PPF for the production of consumption goods and investment goods in 1990, but Bangladesh saved more than that of Pakistan in 1990. Draw the PPF in
$10.00
Economics
Waiting for answer
-
With greater deficit spending: The U. Treasury buys bonds B. The consumption function shifts downward C. The aggregate supply curve shifts to the...
$12.00
Economics
Answered
-
1.Why would a country such as the United States, which can presumably produce everything it needs itself, choose to trade with other nations?
$10.00
Economics
Answered
-
Question (2. Loss Minimization Case (Average Variable Cost Market Price Average Total Cost) If the market price in the above example = $170,...
$50.00
Economics
Answered
