Amazon company Describe anything that differentiates a product of your company, anything that generates barriers to entry and exit in your company, and any government policies that promote efficiency in your industry.

Q: Adam Smith and the "classical liberal" economists who followed in his footsteps viewed persistent…

A: Classical liberals is basically a political and economic ideology, as well as a form of liberalism,…

Q: Revenue increases from 10 to 12 and the income elasticity of demand is - 0.5. The quantity demanded…

A: Elasticity is used by firms to determine the prices of their products and to increase/ decrease…

Q: I.The firm is in the correct position. 2. The firm should increase price. 3.The firm should decrease…

A: IN any perfect competition, the maximum profit is achieved at the point where, Marginal revenue =…

Q: ransactions valued at the actual price agreed upon by the transactors are referred to in the SNA as:…

A: The real price agreed upon by the transactors is known as market prices. In the absence of market…

Q: 1. A Student buys a car for $26,000 with $2000 down payment. He pays the balance in 48 equal monthly…

A: Given, Value of car = $26,000  Down payment = $2,000  Rest of amount = Principal (P) = 26,000 -…

Q: Explains it correctly Q)Elasticity of demand and supply is both 1.23. Will the consumers pay more…

A: Price elasticity of demand and supply are used to determine the change in quantity demanded and…

Q: Bold Vision, Inc. must purchase toner from a local supplier. The demand rate is 620 EP cartridges…

A:

Q: how monopolies' impact on consumer welfare and how policies towards monopolies interact with this…

A: A monopoly is a single corporation that controls an entire industry. A monopoly can arise naturally…

Q: John's technology for producing apple pie (a) is represented by a = vĪ +2 where Lis labor. His…

A: Given information Production function a=L^0.5+2 Utility function U=2a-4L^2 Price of Apple=1

Q: Consider two completely identical homes, one located in France and one located in England. In…

A: The Real Exchange Rate (RER) represents the nominal exchange rate adjusted by the relative price of…

Q: 2. A company must purchase a machine that will be used over the next 10 years. The purchase price is…

A: Given: Interest rate=6% Number of years=10

Q: The table contains price and quantity information for two vehicle models produced by Ford Motor…

A: Gross domestic product is all goods and services produced by an economy over an accounting year. The…

Q: Short-Run Cost Question2: Lisa has a lawm-mowing business Lisa hires students at $40 a day to mow…

A: Given: Labor Total Product 0 0 1 20 2 44 3 70 4 94 5 114 6 120

Q: At what price and quantity is the point-price elasticity of Q=70-.4P -1? Please show algebraically

A: Elasticity of demand measures the responsiveness of quantity demanded with respect to change in…

Q: Economic Actions undertaken by agreement between institutional units are called 1.    Economic Flows…

A: The answer is - 2. Contracts between parties

Q: Economic profit is the difference between total revenue and the A) costs of resources bought in…

A: Economics is the study of the scarcity of resources and unlimited wants. The scarcity of resources…

Q: 3. Monopolistic Competition i. Discuss the main characteristics of the monopolistically competitive…

A: The monopolistic market is characterized by the many firms and these firms produce the…

Q: According to the IMF, what are the world economic growth projections for 2013 and 2014?

A: World Economic Outlook is released by IMF that projects the global economic growth rate for…

Q: Senator Deal proposes to offer a choice to future retirees: if you retire before age 70, the…

A: Given that, a deal is offered to retirees in future that if they retire before 70, their benefit…

Q: The two goods are crayons (Y-axis) and markers (X-axis) In the country of Dreamland, the slope o the…

A: Given,  One Country : DreamlandProduces Two goods : Crayons (Y-axis) and Markers (X-axisIn…

Q: If the MPC .8 and we have a 200B GDP Gap, how much will initial expenditures need to increase to…

A: GDP is the value of final goods and services produced in the economy within a given period of time.

Q: What is the Export-Import Bank of the United States? How does it assist U.S. exporters?

A: Imports refer to those goods and services which are bought in by the citizens of the domestic…

Q: A They will score more goals if they get better forwards. DB They have the highest payrol in the…

A: Maple Leaf Sports and Entertainment (MLSE) claims a portion of Canada's driving wearing…

Q: price of pizza decreases from $50 to $10 a

A:

Q: The accompanying table describes the relationship between the number of workers hired by a call…

A: Cost refers to all the expenditure that is incur in an firm due to any production process. There are…

Q: Answer any 1 from a and b below Explain the shape of AS? What shifts AS

A: The curve that depicts various quantities of goods being supplied by producers at different price…

Q: Nittany Knitting makes athletic jerseys in Happy Valley, PA. There are two kinds of workers in the…

A: We are going to use Opportunity concept to answer this question.

Q: Consider a firm that produces two commodities X and Y; the cost function is C(X,Y) where X and Y are…

A: Subadditivity simply means that it is less expensive to produce the same level of output when only…

Q: mem Two 0 Foreign cumeney deposts of residents booked in Canada 2. Personal savings deposts t the…

A:

Q: Explain with the aid of a model graph, describe the effect of changes in domestic and foreign…

A: With the increment in the rate of interest, there will be less demand for loans, and similarly, when…

Q: Think about under what conditions of AD (aggregate demand), SRAS (short-run aggregate demand), and…

A: Answer: Introduction: Boom: it refers to the period of increased economic activity. During the boom,…

Q: Identify the economic participants represented by B and

A: Circular flow diagram is the diagram which shows the linkages/dependence of different sectors of the…

Q: According to the loanable funds model, decreasing the amount of saving and increasing the amount of…

A: A loanable funds market is the place where people interact to make an exchange of funds that are…

Q: Two different alternatives are being compared. Using Net Present Worth Analysis which alternative is…

A: Given cashflows of alternative A and B Interest rate = 9 % Present worth of each alternative is sum…

Q: A building is priced at $100,000. If a downpayment of $40,000 is made, an a payment of $1,000 every…

A: The loan tenure compounded monthly can be calculated with the help of the following formula:…

Q: Consider the market for new economics textbooks. The following graph shows the demand curve for new…

A: At the price of $100, we could Clearly se that it is the point where the quantity demanded will be…

Q: 1. 1pt. Mark appropriate circle for correct answer for matching term with its descriptions. Quantity…

A: The right options for each statment is as follows:-

Q: Q3. Consider the following stage game

A: Given,  Two Players : Player 1 and Player 2Both Players have three strategies : A, B and C The…

Q: If demand is price inelastic: O a. An increase in price decreases revenue O b. An increase in price…

A: Price elasticity of demand measures the responsiveness of quantity demanded to changes in the price…

Q: Discuss international trade agreements and international economic organizations working to foster…

A: International trade refers to the exchange of goods and services between countries.Consumers and…

Q: 1. Consider the following demand and supply functions: Q- 1000 - 2P (Demand) Q --500 + 3P (Private…

A: Disclaimer: Since it is a multiple part question, I am providing the answer to the first three…

Q: What are some of the reasons that women are paid less than men, holding age and educational level…

A: Demographics is the study of a population-based on parameters like age, race, gender, educational…

Q: A company expects the cost of equipment maintenance to be $5,000 in year one, $5,500 in year two,…

A: Given cost in 1st year = 5000 $ Constant increase in cost  = 500 $ Time = 15 years Interest rate = 5…

Q: . Milton Friedman's view that the sole responsibility of a corporate executive is to increase…

A: Milton Friedman's view that the sole responsibility of a corporate executive is to increase profits…

Q: $30 MC LATC $20 $10 MR Demand 10 20 30 40 Quantity (in Thousands per Month) What is the maximum…

A: Here, the given graph shows the cost and demand curves of a monopoly firm.

Q: Which of the following best describes how Parliament felt about the colonists? a. Colonists must pay…

A: The English believed that colonists should pay taxes since the English government-provided services…

Q: 2. Compare the choices between offshore branch and offshore subsidiary.

A: Any (business) activity that is basically takes place outside of an entity's home base is referred…

Q: ($/Unit) Marginal Cost Q1 Quantity (Units per time period) In the above diagram, marginal cost…

A: Marginal cost is defined as the additional cost incurred on producing an extra unit of goods and…

Q: For the cash flows shown, determine the incremental cash flow between machines B and A for (a) year…

A: Given: First Cost: A: -15000, B:-25000

Q: . How ao most states inance tneir capitai buaget? sales or excise taxes O income and property taxes…

A: . "Since you have asked multiple questions, we will solve first question for you .. If you want any…