Compare the interest earned by $9,000 for six years at 7​% simple interest with interest earned by the same amount for six years at 7​% compounded annually. Why does a difference​ occur? The simple interest earned is $ ?

Q: This table shows the number of cars the local car wash can wash in an hour depending on the number…

A: Here, the given table shows the total no.of cars washed by the workers as the units of workers…

Q: 9. Which of the following statements is true? a. A subgame perfect equilibrium need not be a Nash…

A: A subgame perfect equilibrium (also known as a subgame perfect Nash equilibrium) is a modification…

Q: In the long-run, any perfectly competitive firm that produces will choose a quantity such that

A: The market is a location where the transaction of services and commodities takes place. It is…

Q: 11. Suppose that the two biggest producers of gold, Bmine and Gmine, form a cartel to set price,…

A: When one player's strategy is superior than another player's strategy, regardless of how that…

Q: Price (dollars per unit) 600 400 AC = MC De mand Marginal revenue 200 400 Computers (units per day)…

A: Monopoly is a single seller in the market with no close substitutes.

Q: Completed as soon as possible thank u Suppose there is a firm with at least some market power that…

A: The price elasticity of demand refers to a change in the quantity demanded due to a change in the…

Q: With prices p1, p2, and income y: 1. Draw demand curve for good 1, and Engel curve, given ? =…

A:

Q: Analyze the role of employees, change strategy, and the management in reducing chance resistance.

A: In an organization or a business entity, the key roles are played by the employees, a business will…

Q: The residents of Greenview spend all of their income on a basket of goods made up of cauliflower,…

A: Inflation rate = CPIt - CPIt-1CPIt-1×100where CPIt is current year consumer price indexCPIt-1 is…

Q: areas HUD f. a U.S. government program that guarantees health coverage to most people who are over…

A: Social security programs is offered to the population to ensure the economic support by the…

Q: 35 Which of the following is TRUE about exchange rates? A They are more volatile than several…

A: Exchange Rate Volatility:-   The regularity and magnitude of variations in a value of currency is…

Q: ________

A:

Q: a) If Kyeiwaa has GhC 50 of non-labor income per week, and she faces a market wage rate of GhC 5 per…

A:

Q: A local college is deciding whether to conduct a campus beautification initiative that would involve…

A: In order to decide whether to undertake a project or not, the benefit and costs of the project…

Q: 1. The following table gives the PDF (Probability Density Function) of the discrete variable X -1 -2…

A: For given data of x and f(x) we can find out the E(X) and V(X)

Q: oligopoli - definition and main features

A: Oligopoly Market:  The oligopoly market can be defined as the one in which there are small number of…

Q: The feature that distinguishes monopolistic competition from perfect competition is that…

A: However, in economics, the term "market" refers to a market for a commodity or commodities rather…

Q: Given the following information: Aggregate Demand function/equation: P = 1400 = 0.4Yr Aggregate…

A: Disclaimer :- As you posted multipart questions we are supposed to solve only the first 3 questions…

Q: The theory is a fact that is always proven. True False According to the economic quality level…

A: Introduction a) Its answer is false. because theory is an explanation of one or more facts which is…

Q: Imagine a two-player game that proceeds as follows. A pot of money is created with $6 in it…

A: A subgame perfect equilibrium ( that is also known as a subgame perfect Nash equilibrium) is…

Q: Monetarists believe that increases in the money supply cause inflation. The most important…

A: Monetarism puts light on the role of government in controlling the circulation of money. The oldest…

Q: A monopolistʹs supply of a good is a. independent of the monopolistʹs demand curve. b. given by the…

A: Monopoly is a form of market structure in which a single firm sells a commodity for which there are…

Q: Consider the two-period Neoclassical growth model seen in class. Suppose that income is measured in…

A: Given information 2 period consumption model U=log(C) Income in period 1=$50000 Income in period 2 =…

Q: According to your text , if interest rates are allowed to vary more from year to year then________…

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Is the following statement true or false? Explain. The own price elasticity is constant for linear…

A: Disclaimer“Since you have asked multiple questions, we will solve the first question for you. If you…

Q: Consider the two-period Neoclassical growth model seen in class. Let the utility function take the…

A: Given information Two period neoclassical growth model Utility function U(C)=log (C) Consumption…

Q: A market where the elasticity of demand is constant and equal to -2 is supplied by many Cournot…

A: Oligopoly market are those form of market where only few big firms exist with large number of…

Q: In the following figure, an economy is currently in short-run equilibrium at point a. What is likely…

A: SRAS is used to mention short-term aggregate supply, and LRAS is used to mention long-term aggregate…

Q: XERCISE-3 EPRECIATION AND DEPLETION A tractor costs P800,000 and whose salvage value is P40,000…

A: Rate of depreciation =100/10=10% 1st year depreciation =800,000*10%=80,000 2nd year depreciation…

Q: Which of the following actions by the Bank of Canada would result in expansionary monetary policy?…

A: The policy that controls the quantity of money being available and channels through which new money…

Q: In the model of horizontal product differentiation, the monopolist’s optimal number of shops is ____…

A: In a market, horizontal product differentiation refers to the situation when firms use…

Q: Determine the nominal interest rate compounded continuously corresponding to an effective interest…

A:

Q: 31. A company produces a certain commodity. The labor and material cost for each item produced is…

A: Solution:-  Let the number of units be x Therefore,  Total labor and material cost = P65 * n Other…

Q: that $300 for a weekend getaway. uilding mural is a public good, both Nick and Tim will benefit from…

A: Given that, The public good is divided by non-rivalry and non excludability. No one can decrease the…

Q: Suppose Sarah and Julia both work at a bakery making bread and muffins. In an hour, Sarah can either…

A:

Q: Maintenance cost for a small bridge with an expected 60-year life are estimated to be $1,000 each…

A: Equivalent annual cost (EAC) is the annual cost of purchasing, working, and keeping a resource over…

Q: perfectly competitive market where other firms charge a price of $110 per unit. The firm estimates…

A: Given, Price = $110 TC = 70 + 14Q + 2Q2 MC = 14 + 4Q

Q: A circus is scheduled to appear in a city on a given date. The profits obtained are heavily…

A: Decision tree is considered to be one of the most useful equipment for classifying and predicting.…

Q: 3) The demand for ski lessons is given by D(p) 100-2p and the supply is given by S(p)= 3p. %3D (a)…

A: Welfare economics is a discipline of economics that studies how the allocation of resources impacts…

Q: . It is the satisfaction derived from the consumption of a commodity. A. Total utility…

A: Production means converting raw materials into finished goods. It means the goods and services are…

Q: Firms under monopolistic competition earn zero profit because   a) There is not enough demand.…

A: Monopolistic competition is a type of market wherein many firms are present which produce homogenous…

Q: Find the exact simple interest on P 10,000.00 for the period from January 12 2016 to November 23…

A:

Q: What is the relationship between supply and demand?

A: Supply and demand is an economic model of price setting in a market in microeconomics.

Q: The average product of labor of workers in the Sony electronics facility that builds televisions is…

A: The markets are the place where the goods and services are sold and purchased. This divides the…

Q: Suppose the government borrows $20 million more next year than this year. How does the elasticity…

A: [a] When there is the borrowing of $20 million by the government then surely the supply of loanable…

Q: The Good Samaritan Game Unfortunately a man had an accident and somebody has to help him. The per-…

A: Given information There are people who observes an accident If helps everyone gets 1 pay off and if…

Q: Consider a perfectly competitive constant-cost industry with n identical firms. Startis from long…

A: A perfectly competitive industry with a horizontal long-run industry supply curve as a result of no…

Q: Suppose that GDP is $8 billion, taxes are $1.5 billion, private saving is $0.5 billion, and public…

A:

Q: How do two countries benefit from trading with each other?

A: Countries generally do trade with other countries when they have a lack of resources, to satisfy and…

Q: Consider the following types of firms. For each one, the long-run average cost curve eventually…

A: Diseconomies of scale occur when the per-unit cost of producing goods or services increases with the…