Is it beneficial for the country as a whole for individualU.S. states to compete with one another to attractcompanies? Why or why not? (Offering tax breaks inexchange for building new facilities is a common tactic thatstates use to attract commercial investment, for example.)

Q: B. Suppose fast food workers currently earn $8 per hour and the aggregate price level is $2. A numbe...

A: Real wage=Nominal wagePrice

Q: Industry demand is given by P = 200 – .4Q. The long-run industry costs are such that: LAC = LMC = $8...

A: A monopoly is a single firm that maximizes profit at MR =MC  A perfectly competitive is one of the m...

Q: Create a Graphical Presentation of the Demand Curve and give Interpretations

A: Demand for the good refers to the quantity of the good which consumers want to purchase at different...

Q: Consider the following version of the short run monetary model: MD/P = exp(-0.50*i)*Y (UK) MS = M i=...

A:

Q: Use the graph input tool to help you answer the following questions. You will not be graded on any c...

A: Here, the given graph provides information about the demand and supply of labor in the fast-food ind...

Q: 3. If U(z, y) = 1yl/2 and the budget is M pir1 +P2T2: a. What is Walrasian Demand? What does it repr...

A: Answer a. A consumer's Marshallian demand function is a more technical elaboration of the basic dema...

Q: What is the profit-maximizing output level for a company that has demand function Q = 220 - 4P and c...

A: In every market, the producer's intent is to maximise profits, albeit with a slightly different appr...

Q: CHECKPOINT: What Does a War on Terrorism Really Mean? With the disappearance of the former Soviet Un...

A:

Q: inat would be the effect of ANWR production on the wond price given that -0.30, 1=0.40, the pre-ANWR...

A: Given:Demand function=Qd=106.6-0.246pPost ANWR supply function=Qs=50+0.328p

Q: The town of Whoopup has decided that it needs a new public library. Although the city leaders have m...

A: Introduction Data for a new public library has given. According to the given data, we have to make a...

Q: Cost £ AC Q Quantity per week Figure 3 Short run average cost curve for a firm Figure 3 shows the sh...

A: Average cost refers to the total cost per unit of output. It looks like a U-shaped curve.

Q: £/unit 100 90 SRMC 80 70 60 50 40 30 SRAC 20 10 MR D= AR 10 20 30 40 50 60 70 80 90 100 Units Figure...

A: Profit maximizing condition for a monopolistic firm:-                                               ...

Q: Actual authority is the authoritya partner appears to have to third parties external to the partners...

A: In a market, when firms adopt different types of businesses, partnership is throne in which two or m...

Q: 2. Suppose demand and supply are given by Qdz = 7-P, and Qsz = P - %3D --ice G. Show the existing an...

A: Part c) In the figure below , we have supply and demand which intersects at price 10 which is equili...

Q: What is the total income received by the top quintile of this income distribution?

A: The top quintiles of the income distribution can be calculated by following these steps The first st...

Q: Which of the following legislative constraints applies to the issue of minimum wage? a. human rights...

A: The answer is - b. trade union legislation

Q: 69. Quantity of a certain commodity that is bought at a certain price at a given place and time. lux...

A: Dear student as you have posted multiple questions on the portal, but according to policies and guid...

Q: 3. ) Ball point pens are produced by a constant-cost industry made up of identical firms with standa...

A: Competition between firms generally occurs when the market consisted of multiple firms, The perfectl...

Q: Each actor has two possible actions: reduce greenhouse-gas emissions or increase emissions. Each pla...

A: Game theory: - Game theory is the mathematical way of decision-making by different players competing...

Q: 28. How much should be deposited in a bank at the rate of 5% compounded continuously for 5 years if ...

A: In this question we have to find out the amount deposits in a bank of the above information. 

Q: The Old Media System was good in creating an engaged public but the New Media System is good in crea...

A: Information is very relevant things for the economy to understand what are things are happening arou...

Q: Discuss the four (4) basic aspects of globalization according to the International Monetary Fund (IM...

A: According to the IMF and the World Bank (among others), globalization is an irreversible force that ...

Q: Suppose that County A has a money demand function given by Md= 50+ 2Y- 5r, while Country Bhas a mone...

A: Answer:- (A) The LM in A is steeper than in B

Q: The amount which from the transaction entered by the person who borrows money called the debtor or m...

A: Answer-

Q: To align personal and corporate goals, firms need to have a strong ethical climate, explicit rules f...

A: In a mane, a firm enters with having some corporate as well as personal goals to operate a business ...

Q: See the table here below: Labor Input: Tables and Chairs Production Country X Country Y Chair 2 Tabl...

A: Answer: Opportunity cost: opportunity cost refers to the production of one good sacrificed to produc...

Q: Consider the following version of the short run monetary model: MD/P = exp(-0.50*i)*Y (UK) MS M i i_...

A: Given information Money demand in UK Md/P=e(-0.5*i)*Y Ms=M I=i_US+e^e-e M=1100 Y=1506 P=1 i_US=0.04 ...

Q: An economy, Delta exported goods worth $30 billion and services worth another $10 billion in 2020.  ...

A: A country's current account tracks the value of its exports and imports of commodities and services,...

Q: How do we calculate the inflation rate and what is its relationship with the CPI? The inflation rate...

A: Inflation can be defined as a continuous increase in the price of commodities. Now if we consider th...

Q: Consider a perfectly competitive firm that uses labor as an input. The firm faces a market price of ...

A: Value of Marginal Product of Labor (VMPL) is the addition in a firm's revenue due to an extra hiring...

Q: A4

A: All parties in a general partnership share equal legal and financial liability. Individuals are pers...

Q: Indicate whether each outcome in the following table is or is not an objective of economic sanctions...

A: Economic Sanctions: Economic sanctions are trade and financial restrictions imposed upon a targeted ...

Q: For each of the following production functions, compute the marginal product of capital (MPK) and th...

A: Answer: Marginal product: marginal product of input refers to the additional output produced by that...

Q: The wage elasticity of labor supply can be calculated using the following approach

A: When talking about the elasticity of labor supply in the labor market, it can be said that it explai...

Q: Suppose that every driver faces a 2% probability of an automobile accident every year. An accident w...

A: In the insurance premium, actuarially fair price means that the premium of insurance is paid accordi...

Q: The number of hits per day on the Web site of a tool company is normally distributed with a mean of ...

A: Given in the question Mean= 600 Standard deviation = 120

Q: A firm faces the demand schedule = 0.69 and the total cost function TC = 40 + 30q + 0.4q². %3D (a) W...

A:

Q: Why the government should not be included in circular flow model and whether you think the governmen...

A: circular flow model Lets understand this concept with an example:- In this circular flow model ther...

Q: One of the issues that is debated in virtually every election is whether to raise the federal minimu...

A: Given information: Wage rate = $7.25 Tax rate = 10%

Q: Use the two-period model from the Appendix to answer this question. Your current income is 40,000. Y...

A: Income earned is either consumed or saved so income is equal to the sum of consumption and saving.

Q: Common resources are goods that are and Select the correct answer below: non-excludable; rivalrous e...

A: Answer is given below    

Q: The price for some intra-Asia container shipping services, such as the container shipping fee for Ch...

A: The quantity of a commodity demanded is the amount that people opt to purchase at a certain price le...

Q: a. Estimate a learning curve for the data. b. How well do the data fit a learning curve? c. Estimate...

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

Q: Which of the following is not an argument against government intervention in a market? A. If the go...

A: Government intervention means influence the demand and supply forces . And fix the the price and Out...

Q: Which of the following describes a defining characteristic of a public good? Select the correct answ...

A: Public good is non excludabe and non rivalry. 

Q: A monopoly's markup (The amount above marginal cost it charges its customers) tends to increase when...

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

Q: Equities e. Suppose you are deciding between purchasing the two equities below, both of which are de...

A:

Q: Find a recent practical article online that describes a real-world example regarding "Federal funds ...

A: Reference article : www.britannica.com/topic/federal-funds-rate The federal funds rate is the intere...

Q: Lawnlech sells its laser hedge trimmer at a price of $275, and estimates price elasticity of demand ...

A: Elasticity of Demand measures the percentage change in qunatity demanded due to percentage change in...

Q: In the United States, childless women with the same education and experience as their male counterpa...

A: Gender pay gap refers to the gap in the wage rate of men and women in an economy. This refers to inc...