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Economics Questions
the company is de beers Describe the company's principal-agent problem; - Is your company of choice...
You are the manager of a firm that produces output in two plants. The demand for...
The equilibrium price for a product traded in a competitive market is $4 and equilibrium quantity...
If the price of a certain prescription medication increased from $25 to $50 and the number...
The utility that Sarah receives by consuming fries (F) and cake (C) is given by U...
The legal system in the United States is based on ____ A) code law B) Islamic...
Tim mows neighborhood lawns for extra money. Suppose that he would be willing to mow one...
If real GDP is $ 2.0 trillion, the money supply is $ 500 billion, and the...
How is 1200/Sq Root of L = 120 comes out to L = 100.
Describe examples of market failure. Fill in the letter of the choice of the source of...
Jeff Nelson, a successful dealer of fine art, has an opportunity to acquire an original Dali...
What will happen to the trade balance and the real exchange rate of the US if...
true or false Stochastic modeling is the process that does not include the passage of time...
What are the pros and cons of the tourist industry of Latin America in the recent...
1.How does Keynes differ in his view on Say’s Law from the classical economists? 2.What is...
Please help me solve this problem! At a time when demand for ready-to-eat cereal was stagnant,...
Consider a simple economy with two goods, clothing and food, and two consumers Jacob and Will....
The marginal utility of beer is 5. The marginal utility of pizza is 6. We should...
4. Consider the consumption-leisure choice model we discussed in class. Suppose individual utility is represented by...
1.Suppose a consumer had a utility function given by: U= 9X + 2Y. If the price...
Suppose that people in an economy want to hold for transaction purposes an amount of money...
The economy is at a point where policy makers in the country are concerned about unemployment....
which curve is affected if foreign countries buy more Canadian goods? ( using IS-LM-FE curve )...
You just purchased an existing business that produces solar panels according to the following production function:...
The Fed wants to increase the money supply (which is currently $7,000) by $250. The money...
Suppose the government wishes to tax a utility maximizing consumer to obtain a certain amount of...
Donald and Hillary each have 10 hours of labor (L) that can be used to produce...
A key reason that actively managed funds have lower returns than index funds with a similar...
a reduction in demand for kumquats could be caused by: 1 a rise in the price...
Charlie’s utility function is ?(??, ??) = ????. The price of apples used to be $1,...
handheld fiber optic meters with white light polarization interferometry are useful for measuring temperature, pressure, and...
Subject :- Marketing You may have seen examples of pricing that seem to be designed to...
Let's go back to your long lost rich uncle who passed away in weeks 1 and...
1. Suppose that the price of oranges is $1 per unit and the price of pencils...
Making “marginal” decisions involves a. calculating the total benefits of an activity and determining if you...
GDP 1000 Government Expenditure 120 Investment Expenditure 160 Consumption Expenditure 700 Imports 80 1) Use the...
What effect would doubling the minimum wage have on income inequality? Choose one: A. an increase...
An increase in the money supply can typically affect the economy with a lag of: 2...
In this part of the course we use the price level (P) and real GDP (Y)...
Australian banks have increased their business in the global market. Explain how does this global business...
How have large multinational corporations been able to use their power to influence nation-states to look...
Suppose that a firm’s cost function is given by: C(q)=4q. If the market price is $10,...
how do you see China responding in the future to stay ahead and how will it...
Please help. Does volatility increase or decrease when you hold investments over a longer period?
I started this problem using the P=(1+i)^n formula and am getting 77,393.70 for my answer, which...
Answer True or False: 1. Classification criteria for economic system include decision-making systems, mechanisms for information...
3. In perfect competition a.) each firm is a price taker b.) each firm sets its...
the price of a burger is $2.00. the first burger has a marginal utility of 10...
1) Endowments and utility functions are: e 1 = (10, 50) , u1 (C, W) =...
8) What is investment in a closed economy if you have the following economic data? Y...
42. The concept of incorporation through the ______ has made the protections of the Bill of...
Why does globalization set constraints on governments' capacity to raise the revenues?
Suppose an indifference curve is given by the equation U=2*C*T. Assume that initially the consumer owns...
What is a key component considered by businesses when determining the amount to take on with...
In the Solow Model, capital is subject to _____________________. So as you add additional units of...
In deciding which product lines to emphasize when a production constraint exists, the company should focus...
Draw indifference curves to represent the following types of consumer preferences (put good-x on the x-axis...
An online retailer of knee braces sells 22000 per month at a price of $60. They...
What can Congress do to help the economy recover from a recession? Explain the tools they...
Inflation started to creep up in the late 1960's. By 1968, inflation was about 4%, and...
Q TUx MUx TUy MUy 0 0 0 0 1 7 7 4 4 2 13...
1) Briefly discuss some of the pricing techniques uses by businesses, and explain the differences between...
Socialist critics of market capitalism argue that businesspeople will not care about the environment because they...
A firm’s cost of production is given as: C = 3000 + 240q + 4q2 1:...
When companies have close competitors, they try to choose value propositions that will differentiate them from...
state and local finance question 1.State and Local Government face three fundamental fiscal choices . Please...
Without scarcity, the study of ________ would be unnecessary. positive incentives negative incentives resource allocation economics...
If ACA (Japan electronics producer) produces dryers in the U.S., this production is counted in the...
1. Janet's utility depends on consumption c and leisure l. She earns a wage equal to...
A inventor found a new way to produce more steel from each ton of her country's...
Question 1: A recent study found that the demand and supply schedules for Frisbees are as...
Ture or false? why? The federal reserve funds rate will always rise when the interest rate...
Few countries truly practice free trade. Yet, most economists continue to argue that free trade is...
Suppose that the following equations describe a patent-protected monopolist. AR: P = 4-0.0025(Q) MR: P = 4-0.005(Q) ...
The market demand curve of a local pizza is QD= 100 − 4P. The total cost...
Two firms, Small and Large, compete by price. Each can choose either a low price or...
Which of the following is not generally a cost posed by inflation? Question 13 options: Firms...
READ THE NEWS EXTRACT AND ANSWER QUESTION 1 It’s official: South Africa’s first National Minimum Wage...
If the economy slows down (as what is predicted by some people in 2020 or 2021),...
QUESTION 9. In recent years, it has been suggested that both China and the US have...
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