Economics question and answers for July 13, 2023
- Q what is the effect of oil and gas sector in coronavirus
- Q if there is a agreement in the contract, new employees will berequired to join immediately after the probationary period
- Q Assume that two firms are in a Cournot oligopoly market. Marketdemand is P=120 - Q where Q isthe aggregate output in the marketand P is the price. Firm 1 has...
- Q The retail store Macy's is closing a bunch of stores. How doesthe store closures affect employees? How do these factors affectwages and spending? How do these factors affect the demand...
- Q Is the term feudalism still useful as a historical concept orhas it become a misleading myth? What problems did it solve, andwhat others did does it create? In the High...
- Q Suppose home owners owe $10 trillion in mortgage loans.Instructions: Enter your responses as a wholenumber. In part b, do not include a negative sign (-) with youranswer.a. If the mortgage...
- Q Suppose the Fed decided to sell $350 billion worth of governmentsecurities in the open market (assume all payments are are directlydeposited into or withdrawn from the banking system). What impactwould...
- Q A project firm is considering for implementation has theseestimated cost and reveneus: an investment cost of $50,008,mantainance cost starts at $5,000 at the end of year(FOY) one andincrease by $1,000...
- Q 1. In 1978, sellers of a good Ford Pinto valued them at $1,111and valued a lemon at $765, while buyers valued good ones at$1,331, and lemons at $780. If an...
- Q what are the actions would you suggest restoring our economyfrom the slump caused by the ongoing pandemic?
- Q In your own words (250 words) explain or discuss global tradeand trade policy.
- Q what is the effect of education center in coronavirus
- Q what is the effect of eductation center in coronavirus
- Q . What are the limitations of the mainstream model of consumerbehavior?
- Q Do you think there should be unemployment compensation? (Anotherform of income distribution)Why or why not?
- Q Tokyo 2020 Olympics officially postponed until2021Do you think the Olympics made the right choice in postponingthe games?If you were an athlete who was performing, how would youfeel?Do you believe there...
- Q Use the following information toanswer the next two questions:Suppose society consists of two individuals, A and B, who mustsplit a fixed income of $100. Individual A’s marginal utility ofincome is...
- Q Suppose that a hypothetical economy is characterized by thefollowing equations:C = 200 + 0.75(Y-T)I = 200 – 25rG = 100T = 100MS = 1,000P = 2(M/P)d = Y – 100rUse...
- Q What is the significance of loanable funds to both national andlocal enconmies?
- Q The firm, competing in a very highly competitive market, ismanufacturing and selling headphones. The firm’s total revenue andcost functions are:Rq=q3+14q2+35q+40Cq=13q3+20q2+19q+15How many headphones must the firm manufacture and sell tomaximize profits?What...
- Q q = K^1/2 L^1/2 p=$20, v=$8, w=$4a) suppose k= 16, find short-run total and marginal costs, andalso firm supply function. Find the price that the firm shuts downits production.b) find...
- Q q= K^1/3 L^1/3 w=$2, V=$16, k=27, p=$32a)what's the firm level of labor and profit?b)what'd you suggest for adjustment of short-run and futureamount of K and L?
- Q ''Irrespective of the structure of the labour market, economictheory predicts that the imposition of a minimum wage above theotherwise prevailing wage unambiguously reduces employmentâ€.Discuss the validity of the above statement...
- Q 1.A manufacturer of mountaineering equipment producestraditional​ three-strand climbing rope on two separate production​lines, line 1 and line 2. The manufacturer regularly tests thetensile strength of its ropes by randomly selecting...
- Q Suppose that the demand curve for wheat isD(p) = 120−10p, and the supply curve isS(p) = 10p. The government imposes a price floor of $8 per unit.1. Draw a clearly...
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