The iarline industry is best classified as monopolistically competivie, oligopoly, competitive or monopoly?

Q: Suppose you've just inherited $10,000 from a relative. You're trying to decide whether to put the…

A: When the interest rate is 8%, Opportunity Cost=8% of 10,000=800   When the interest rate is 10%,…

Q: When advocating for something, understanding what your target market is, what is known about the…

A: Introduction Its correct answer is c) Impact evaluation because when we advocate for a topic. Then…

Q: Assume perfect competition: Price: $54 Cost: TC = 6Q + 0.03Q2 Solve for the profit-maximizing…

A: Perfect Competition's profit maximizing quantity is at  P = MC

Q: a) construct the cost schedule for a firm operating in the short run b) Graph the average variable…

A: Cost refers to the monetary value which has been spend by the producers and consumers for purchase…

Q: Once you have defined the words above, draw the following comparisons: 1. How is a fixed interest…

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

Q: If you borrow from the bank with a simple interest of 10.79%, find the present worth of P89,845…

A: Simple interest = 10.79% Future worth = 89845 Time = 15 month = 15/12 = 1.25 year

Q: Read the table below and answer questions Q10 and Q11 Quantity Price 0 $10 1 $10 2 $10 3 $10 4 $10…

A: There are different market structures with different characteristics like number of firms, type of…

Q: 9. Open market operations are the A. buying and selling of Federal Reserve Notes in the open market.…

A: The money supply is the entire quantity of money in circulation, including cash, coins, and bank…

Q: Find the value of P in the following cash flow. i-5% per annum. ▲$1500 0 1 2 3 4 5 6 7 8 A₁-$1000…

A: Here cash outflows:- A1=$1,000A2=$800 Thus the Present value of the annual sum of $1000=…

Q: 1) Complete the table. Price Quantity Total Marginal Fixed Demanded Revenue Revenue Cost 18 600 17…

A: Total Revenue is the product of price and quantity demanded. TR=PxQ Marginal Revenue is the…

Q: The price elasticity of demand faced by an individual wheat farmer would come closest to which…

A: The relationship between price change and the effects of it on quantity demanded is given by the…

Q: For all True/False questions, you must explain why the answer is true or false. 1. [True/False] If…

A: here we find whether the given statement is true of false by the following method as follow:-

Q: Explain the difference between the budget deficit and the national debt. If the deficit gets turned…

A: We need to answer, Difference between the budget deficit and the national debt. If the deficit gets…

Q: Which of the following is true of an unregulated market for barbecue if its production creates…

A: There is an external cost of production of barbecue.

Q: Which of the following explains the slope of the demand curve for labor? a. the marginal…

A: Law of diminishing marginal productivity states that the marginal production from the additional…

Q: 1.8 Suppose a monopolist faces the demand curve shown below. If the monopolist's marginal cost is…

A: The downward sloping demand curve for a monopolist is given.  Marginal Cost is constant = $60

Q: You are evaluating 2 machines the investment of 2 mutually exclusive machines. Each machine has an…

A: Annual Benefit means a retirement benefit payable annually in the form of a straight life annuity. A…

Q: Question 3 A monopolist faces the demand curve P = 18-Q, where P is measured in rands per unit and Q…

A: Given, P = 18 - Q Average cost = R6 per unit TR = P*Q = 18Q - Q^2 MR = 18 - 2Q TC = AC*Q = 6Q MC = 6…

Q: A firm has $75,000 of cost of goods sold and $5,000 of accounts payable. Assume there are 365 days a…

A: To represent the company's short-term debt to its creditors or suppliers, "Accounts payable" (AP) is…

Q: D(x) is the​ price, in dollars per​ unit, that consumers are willing to pay for x units of an​ item,…

A: Introduction A solution that does not change with time is an equilibrium point of a dynamical system…

Q: Monetary policy is often more effective than fiscal policy because O It is blunter and more…

A: Answer: Monetary policy is taken by the central bank of a nation. Generally, the central banks are…

Q: Scenario: When a monopolist charges $10 for its product, it sells 500 units of the product. When it…

A: Answer: Price effect of the change=change in price×initial quantityPrice effect of the…

Q: Question 2 The following demand equation was estimated of mineral water consumption (n = 60):…

A: The demand of mineral water is estimated on price of mineral water and price of carbonated soda…

Q: 4. From a supply chain view of production and consumption which of the following must be true (in…

A: A supply chain basically refers to the collection of activities that an organization must do in…

Q: How does Micro Credit differ from money center banks?

A: Introduction Microcredit is a type of microfinance that essentially gives an individual a very…

Q: Compare the impact of a recession that reduces consumer income by 10 percent on the consumption of…

A: Income elasticity of demand = % change in demand% change in income % change in demand = Income…

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A: The usual net gain or loss of an investment over a certain time period represented as a percentage…

Q: The graph on the right shows the demand and supply curves in the market for workers in Starbucks…

A: Introduction Graph of a labor demand of Starbucks and labor supply of Starbucks has given. The…

Q: INFLATION RATE O Curve 1 B Curve 2 UNEMPLOYMENT RATE Use the graph above to fill in the following…

A: Dear Student as you have posted multiple sub-parts in a question but we are allowed to attempt only…

Q: A monopolist faces the demand curve P = 18 – Q, where P is measured in rands per unit and Q in…

A: Demand function: Q=18-P Inverse demand function: P = 18 – Q

Q: 7. Use of discretionary policy to stabilize the economy Should the government use monetary and…

A: Fiscal policy refers to changes in government spending and taxesMonetary policy refers to changes in…

Q: 1) The two firms in an industry, A and B, use a constant returns to scale technology, so face…

A:

Q: Which of the following best describes the term annual health insurance deductible?   A. the amount…

A: A deductible is a sum that a policyholder needs to pay before the insurance agency begins paying.…

Q: jon was given a $2000 stimulus check. He will spend 75% of his money(which is 1500$). The next…

A: Initial income was 2000 and expenditure was 1500

Q: Country A currently imports solar panels at $30,000 each. The government is using only 10% of the…

A: Domestic business refers to commercial transactions that take place within a country's geographical…

Q: 6. The following two regression models are Probit and Logit respectively: Pr(Y=1|X)= Pr(Y=1|X)=F(B+B…

A: since you have asked multiple questions and according to policy we can solve only 1 question and for…

Q: Problem 2. Answer the following questions briefly. a) What items are excluded from the calculation…

A: a) Basically, something has to be produced in order for it to be included in our GDP. It must be…

Q: What would be the impact of a decrease in money supply? Group of answer choices Higher interest…

A: The essential means a national bank uses to execute an expansionary monetary policy is through open…

Q: A good's demand is given by: P = 497-2Q. At P= 106, the point price elasticity is: Enter as a value…

A: Answer; The point price elasticity is -0.27

Q: Consider two identical firms (firm 1 and firm 2) that face a linear market demand curve. Each firm…

A: As given Demand function is P = 50 - 0.5Q MC1 = MC2 = 0   and Q = Q1 + Q2 In the cournot equilibrium…

Q: Consider the supply and demand functions graphed below. Demand Supply 20 50 80 100 Download the…

A: Tax imposed on either side reduces the quality sold in the market.

Q: workers and owns $81 million capital (L = 100; K = 81). The esentative firm with Y = K¹/2L¹/2 rents…

A: Given, The production function Y = K1/2 L1/2 The rule for hiring capital 1/2*Y/K = r The rule for…

Q: Which of the following is a method a​ incumbent's can use to make limit pricing a credible​ threat?…

A: The price means the rise or fall in the price of goods and services over a period of time. It means…

Q: Discuss the issues involved in the design of an optimal depletion policy for the UK Oil & Gas sector

A: An optimum economic strategy is defined as the best option among different possible time courses for…

Q: A firm sells bagels for £0.51 each. With 6 workers the firm produces 42 dozen per hour, and with 7…

A: We have Price of product, P=.51 and there are different level of production with different amount of…

Q: 7. “I will be the teacher, you be the student, okay?” Mabel asks her brother, Dipper. After playing…

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Q: Can the Philippines benefit from the UN Sustainable Development Goals?

A: Bold pledges have been made to complete what the MDGs started. It is a "global call to action to end…

Q: If the firm is maximizing its profits when the price is $12, its total cost is: a) $1200 b) $700…

A: A competitive firm maximizes profit by producing at P=MC

Q: 3. What would $1000 become in a saving account at 3% per year for 3 years when the interest is not…

A: In simple interest rate, interest rate is charged on fixed initial value and in compounding interest…

Q: A monopolist maximizes profit by producing:   Group of answer choices   on the inelastic portion…

A: (Q) A monopolist maximizes profit by producing: Group of answer choices on the inelastic portion of…