Globalisation of production and of markets ushered in myriad of benefits to all nations particularly small nations states. Could the Russia- Ukraine war liquidates the third wave of globalisation.

Q: 3. Gains from trade Consider two neighboring island countries called Contente and Euphoria. They…

A: According to comparative advantage theory, the producer who has a smaller opportunity cost of…

Q: Question A13 Okun's law implies that: A Changes in the unemployment rate and GDP growth rate are…

A: "Okun's law is named after Arthur Melvin Okun, who first proposed the law in 1962 indicating that…

Q: 3. Assume for simplicity that a monopolist has no costs of production and faces a demand curve given…

A: Market demand function  Q=150-P And cost of production is zero

Q: U.S. Dollars per Euro $0.0 $0.1 $01 $0.2 $0.2 Quantity demanded (per day) 500 400 300 200 100 400…

A: Equilibrium in the market occurs at such a price that the quantity demanded equals the quantity…

Q: Monopolistic Competition -- Questions 16-20 refer to Figure 6-2 below. This figure depicts a…

A: Below is the edited graph that shows various marked points:

Q: an economy where the various components of expenditure follow these equations: C = 10 + 0.8Yd I =…

A: A) Y= C+I+G+(X-M) Y= 10+0.8Yd+500+100+(300-0.1Y) Y= 10+0.8(Y - T)+500+100+(300-0.1Y) Y= 10+0.8(Y -…

Q: What is the “rate of unemployment”, what components does it consists of, and how is it calculated?…

A: Unemployment is defined as a situation in which people seeking work cannot find suitable employment.…

Q: Amagine you are the manager of a car dealership and you are trying to create an economic model to…

A: An economic model creates a similar situation for a firm in accordance to real life through which…

Q: Solve for the value of X in the Figure below so that cash flow A is equivalent to cash tlow B (i =…

A: Present worth (PW) is the present  worth of a future sum of money or cash flows given a particular…

Q: Figure 6-1: The diagram below depicts the market situation for a monopoly bread shop called Dough!.…

A: Under monopoly the firm charge high price and produce inefficient output level as compared to…

Q: Briefly explain how public policy makers use the tools of Cost Benefit Analysis to decide whether a…

A: The  cost-benefit analysis is a process which is used to measure the benefits of a decision or…

Q: Assume that sales are predicted to be $3,300, the expected contribution margin is $1,155, and a net…

A: To calculate the break-even point of a organization, the annual constant value is split by the…

Q: Refer to the diagram. The initial aggregate demand curve is AD1 and the initial aggregate supply…

A: Cost-push inflation takes place when there is a rise in supply cost or a fall in supply level.

Q: A consumer is always indifferent between one unit of good A and one unit of good B, no matter how…

A: When a customer is indifferent between one unit of good A and one unit of good B, regardless of how…

Q: Why is it socially efficient to set marginal benefits equal to marginal costs rather  than abating…

A:

Q: Which of the following is not an exception to the employment-at-will doctrine? Public policy…

A: Employment means the people are employed who are working and getting jobs in such a way that the…

Q: Monopolistic Competition Questions 16-20 refer to Figure 6-2 below. This figure depicts a situation…

A: Monopolistic competition is a kind of market structure in which there are several numbers of…

Q: Consider an economy in which the marginal propensity to consume is 0.8 and GDP is currently at…

A: Marginal Propensity to Consume refers to the fraction of the income that is spent on consumption. It…

Q: Your classmates from the University of Chicago are planning to go to Miami for spring break, and you…

A: Personal budgeting requires discipline. Individual choices on spending for loved ones can…

Q: High risk, high reward; low risk, low reward; no risk, no reward.” In the required rate of return,…

A: The measure that depicts the gain or loss of an investment over a certain time period that is…

Q: The estimates for a project appear in the following table: Dear optimistic most likely pessimist…

A: Optimistic estimation Fixed cost=250000, Annual profit=20000, N=30 Most likely estimation Fixed…

Q: The Lindahl equilibrium involves producing how many units of the public good? At what tax share?

A: Public goods are those goods that are nonrival and nonexcludable. Nonrival means one cannot consume…

Q: Question 2 Suppose Ford company issues a bond in which they'll need to pay $10,000 in one year, that…

A: An interest rate refers to the quantity charged by a lender to a borrower for any shape of debt. It…

Q: What is the equilibrium price for waffles in this market? What is the equilibrium quantity for…

A: The equilibrium charge is the best charge in which the plans of purchasers and the plans of…

Q: Economies to scale refer to Select one: a. the point at which marginal cost equals average cost.…

A: "Long-run average cost curve is used to determine the scale of production process."

Q: A visiting American executive finds that a foreign subsidiary in Bangladesh has hired a 12-year-old…

A: Cultural Relativist  cultural relativism stands for not judging society, situations, and things with…

Q: Zero coupon bond yields and oil forward prices for the next three years are: Year 3 Oil Forward…

A: Zero coupon yield for year 1 (r1) = 5% r2 = 6%   r3 = 7%   Forward price in year 1 (P1) = 60   P2 =…

Q: Consider the demand curve P = 200 - Q facing a monopolist. The monopolist's cost function is given…

A: "A monopolist maximizes profits at a point where marginal revenue equates marginal cost."

Q: Use the green point (triangle symbol) to shade consumer surplus in Cambodia before China's clothing…

A:

Q: A firm earns $60 billion in profits and pays $45 billion in dividends for the year. The firm has 3…

A: Given the total number of preferred stock = 3 billion shares Common stock = 9 billion Dividend per…

Q: b) Given that U = (X,X2), show that the following: %3D If utility function is additive then at most…

A: Utility Function The utility function tells us the satisfaction of using one good for other goods.…

Q: Suppose an avocado farm has​ cost: C = 0.002q3 + 22q + 750   ​(where q is measured in bushels​).…

A: Given an avocado farm: C = 0.002q3 + 22q + 750 .... (1) Marginal cost: MC=0.006q2+22        ... (1)…

Q: a. If these countries trade, which country will have a higher wage? Why is this the case? b. Using a…

A: The division of labour is the separation of the responsibilities in any financial gadget or…

Q: In the last year there has been a significant increase in the inflation rate in Canada. Use the…

A: The money supply is the supply of currency in an economy. It means as the supply of currency…

Q: The Lindahl model presupposes that the public good is delivered in such a way that everyone…

A: The answer is -  The Lindahl model presupposes that the public good is delivered in such a way that…

Q: esla share price is $439.18; Netflix share price is $480.68; and Amazon share price is 3148.24.…

A: Tesla's share price is $439.18 Netflix share price is $480.68 Amazon's share price is 3148.24.

Q: the Lewis model, = 25 - 2L nere W = urban wage rate, L labor hired in the urban %3D anufacturing…

A: The Lewis model envisages that surplus labour can be transferred from the rural area to urban areas.…

Q: Explain how oil plays a role in the price of fertilizer. keep in mind-how oil plays a role in the…

A: Oil plays very important role in current world economy. For production of any good inputs are…

Q: If firms exit an industry, the Select one: a. output of the industry increases. b. profits of…

A: "In the long-run firms exit the industry if the firms in the industry are earning economic losses."

Q: Suppose the demand for oil is P=122Q 0.20. There are two oil producers who do not cooperate.…

A: A business's profit is defined as the amount of money earned after deducting all of its expenses…

Q: In which of the following cases is there an adverse selection problem? A motor insurance market, in…

A: Asymmetric information occurs when there is unequal information between two parties. In this…

Q: (? Market for Clothing in Cambodia Domestic Demand Consumer Surplus Domestic Supply New World Price…

A: consumer surplus is a proportion of consumer government assistance and is characterized as the…

Q: Marc is paid on a graduated commission scale. For the first $10,000 of sales his commission is…

A: There are various schemes being offered by various organisations in order to increase the sale…

Q: show given required andd solution An asphalt road requires no upkeep until the end of 2 years when…

A: The annual cost of buying, working, and maintaining a resource over its entire life is known as the…

Q: Should religious fundamentalism be eradicated in a globalizing world?

A: Cross-border trade in goods and services, technological advancements, as well as flows of…

Q: How does globalization contribute to religious secularization

A: Changes in the economy and politics Globalization is frequently coupled with a process of continuous…

Q: ow the E-banking services help the rural bank in having low Return on Equity and Return on Assets…

A: Banks are always looking for ways to increase their profits. Rural banking services are clearly more…

Q: A machine that was used for 8 years has a market value of $2500 now, which decreases by $100 each…

A: Given information Current market value of machine=$2500 Depreciation =$100 each year for next 5 year…

Q: What is the importance of Economics in decision making to those in business sector? Explain briefly

A: In economics, decisions are taken at margins by considering the cost-benefit analysis. In business,…

Q: A profit-maximizing firm in a perfectly competitive market continues to operate even though it is…

A: For Perfect competition, we know that P = MC AND P = MR In this question P<ATC so the firm is…

Unfavorable Balance Of Trade

This topic is significant in the professional exams for both undergraduate and graduate courses, especially for