Q: If each country specializes in the good in which it has a comparative advantage,....will gain from…
A: Introduction According to comparative advantage, countries will trade with others, exporting…
Q: 14. A set of data with a correlation coefficient of -0.855 has a a. moderate negative linear…
A: Ans. 14. A correlation coefficient is a statistical measure that shows the linear relationship…
Q: Who approves charters of new nationally chartered banks?
A: A chartered bank refers to a financial institution (FI) that accepts and safeguards monetary…
Q: One of these four answers increases the demand for financial capital. Which one? Group of answer…
A: When talking about financial capital, it is the requirement of the funds by the firms to deal with…
Q: If P10,000 is deposited each year for 9 years, how much annuity can a person get semi-annually from…
A: Compound interest, also known as Interest on Interest, is interest that is added to the interest…
Q: Why are the various forms of e- and m-commerce important in health care? Be sure to include the…
A: E-commerce is determined by the performance of business activities with the usage of the internet.…
Q: Blake decides to spend a spring day in the field planting wheat with some help from some workers he…
A: Total revenue of Blake = $870 Blake incurred renting cost of tractor = $50 Fertilizer cost = $150…
Q: What rule is created by the Basel Accord?
A: Basel 1 was framed with the fundamental goal of listing a minimum capital prerequisite for banks.…
Q: The spot exchange rate between the dollar and the Swiss franc is a floating, or flexible, What are…
A: If we calculate the value of one currency in terms of another currency then this concept is known as…
Q: Suppose that we have 3 consumers. The government considers building a road. It costs $80. The…
A: The situation that occurs when the price paid by consumers for a service or product is lesser than…
Q: 4. Determine the equal, end of period, annual worth of a process which will involve an initial…
A: Present value is the idea that expresses a measure of cash today is worth more than that equivalent…
Q: 11. Industrial clusters sometimes break up, with production moving to countries with lower wages.…
A: Economies of Scale refer to the gain from producing bulk. When the output of the same goods…
Q: The treadmill market is a competitive industry with long-run economic costs. Provided the following…
A: Perfect competition is a market structure that comprises numerous sellers selling items with…
Q: Why are people closest to local government?
A:
Q: Which agricultural enterprise is relatively more efficient? Interpret all three derived economic…
A: As people grow more aware of the environmental devastation caused by large-scale agriculture,…
Q: why does solidarity is evident in a country?
A: When talking about a country, it is the peice of area where a large group of people live under a…
Q: 9. Answer ALL parts of this question. Holland produces cars and beer, using labour and capital, in a…
A: Given information Country Holland Labor unit requirement for car=4 in hours Capital units…
Q: The slow pace of international trade negotiations is understandable given that: GATT and WTO have…
A: In the international market, it can be said that the international trade negotiate us generally time…
Q: Why is $200 you will receive in one year worth more to you than $200 you will receive in four years?…
A: Given: $200 received in one year is worth more than $200 received in four years.
Q: Explain tax abatements and how are they different from tax expenditures?
A: It affects the application of a credit to the whole taxes owed. Though circumstances may change,…
Q: Use the payoff matrix to answer the following questions Apple Advertise (6,6) Samsung Advertise Not…
A: Given, Apple Samsung Advertise Not advertise Advertise 6,6 10,1…
Q: Related Cost Ranger Company purchases 20,530 units of Product Beta each year in lots of 854 units…
A: Given:- Annual demand quantity(a)=20,530 Fixed cost per order(b)=$14 Annual holding cost per…
Q: = Questions 1.6 and 1.7 refer to a consumer with preferences over lotteries represented by the…
A: We use the following formula to calculate the expected utility: Expected Utility (EU) = pa(U(xa)) +…
Q: F). Draw a perfectly inelastic supply, an inelastic supply, a unit elastic supply, an elastic…
A: The supply curve shows the association between the price of commodity and quantity of the commodity…
Q: - Determine the present value of an ordinary annuity of P2,700 each quarter payable for years and 9…
A: Introduction We have given an annuity value. Its time duration has also given. It is compounded…
Q: Some economists and management scholars argue that statements such as "diversity is an economic…
A: Social responsibility and market forces should BOTH work to bring about a culturally diverse…
Q: In markets with strong network externalities: a. It is common for the market to be split…
A: Network externality refers to the situation when demand for a product is influenced by the demand…
Q: DIFFERENCE BETWEEN perfect ompetetion , monopoly and oligopoly
A: The Market is a place where the buyers and the sellers interact to purchase or sale a specific…
Q: A company has sales revenues of NOK 24,800,000. The safety margin is 3,200,000 and the coverage…
A: Break even point, margin of safety, target profits, etc, are the most important concepts of CVP…
Q: Suppose a war breaks out and there Is a need to expand capacity in an Industry of strategic…
A: Monopolies frequently stand in the way of individuals getting access to life-saving medical…
Q: 9. Answer ALL parts of this question. Holland produces cars and beer, using labour and capital, in a…
A: Given information Country Holland Labor unit requirement for car=4 in hours Capital units…
Q: Consider the government's budget balance Suppose G=440 and the government's net tax revenue is equal…
A: Given information, Governement spending (G)= 440 Government's net tax revenue= 0.13Y Income…
Q: Suppose there is an increase in the demand of the imported commodity subject to a given import…
A: Here, it is given that the economy has import quota and the demand for the imported commodity has…
Q: 1. Explain Arrow impossibility theorem and show the voter paradox with an example Consider an…
A: According to the theorem, a ranked-voting electoral system cannot achieve a community-wide ranked…
Q: Suppose a closed economy has an aggregate consumption function given by C = 50 + 0.50Yd and…
A: Ans. The equilibrium level of income and output level is where AS = AD where AD stands for…
Q: 5.2 Consider the following economy: FYI: for this production function() = A Parameter Value…
A: Economic growth refers to the increase in the GDP or income of a country over a period such as a…
Q: and buries the cash in his backyard. By how much will the bank have to reduce its loans? Calculate…
A: here we calculate the maximum amount of money supply may contract as follow:-
Q: In any given week, Anne receives satisfaction only from the consumption of goods and from the…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: ohn bought a car with cash value of P15,294 on the installment plan under the following terms:…
A: Car Value = 15,294 Down Payment = 4312 r = 5.23% n = 1
Q: Jaime has preferences over GOOD (A) and GOOD (B), with $60 to spend on the two goods. The market…
A: Answer -
Q: Explain in detail why economic profits are zero in the long run in the Perfect Competition (PC)…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: The paradox of savings discourages too much savings because it affects economic growth. However, the…
A: The paradox of savings The Paradox of savings refers to the savings level in an economy. This…
Q: 2. The Ylaya Textile Mill produces denim. The fixed monthly cost is P21,000, and the variable cost…
A: Answer: Given, Fixed cost FC=₱21,000Variable cost per yard of denim VC=₱0.45Price of a yard of denim…
Q: "If a central bank's desired intermediate target is a monetary aggregate (money supply), then its…
A: Monetary Policy Monetary policy refers to the policy of the central bank by which the central bank…
Q: How do you record the following transactions into the US. Balance of Payments (BOP) in 2020? A…
A: The Balance of Payment is defined as the record of all global financial transactions made by the…
Q: The maintenance cost of a certain equipment is P40,000 per year for the first 5 years, P60.000 per…
A: Given the information: Interest rate = 6% Maintenance cost per year till 5th year = P40000…
Q: ndicate if the following statements is true or false: human beings like other species can do both…
A: Resources: In economics, the term resources refer to commodities that directly or indirectly fulfil…
Q: what are the Economic factors of Ethiopia include: major industries, exports, and imports, GDP…
A: Economic factors Economic factors are those which may help to calculate the economic growth and the…
Q: 11. One possible strategy is that each firm produces. This gives a more Pareto efficient outcome.…
A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…
Q: If it costs Mary P500 to produce a product and Anne P600, the producer surplus when the price of the…
A: In a market, producer surplus refers to the as additional benefits earned by a seller when it is…
How did colonial extractive economy changed the relationship between society and environment in Africa?
Step by step
Solved in 3 steps