Q: 1. Use shifts in the supply and demand curves to illustrate the effects of the following events on…
A: The demand and supply of a product are impacted by the variations in market price level and other…
Q: Which level of regional economic integration best describes the new free trade agreement in North…
A: A free-trade agreement or treaty is an agreement according to international law to form a free-trade…
Q: (i) State whether you agree or disagree with the following statement Explain what happens to (ii)…
A: When the central bank buys bond , this means the central bank is increasing money supply. The…
Q: What is indirect tax? Write its four definitions.
A: Taxes are referred to as mandatory fees that citizens must pay to the government. There is no direct…
Q: You expect interest rates to rise with upcoming inflation so you shorted (on margins) a US Treasury…
A:
Q: 5. Assume that the price changed from P1 to P2. Compute for the point elasticity and determine the…
A: Price elasticity, also known as the elasticity coefficient, is a word used in economics to describe…
Q: Assume that the price changed from P1 to P2. Compute for the mid-point elasticity and determine the…
A: Elasticity shows the change in quantity due to change in price. Mid point formula :- Ed =…
Q: Ravi has £21 to spend on pastries and biscuits. If he spends all the money on pastries, he can…
A: Budget constraint shows the expenditure on each good when the income of the consumer and prices of…
Q: Find the prices that maximize revenue. Do not round intermediate calculations. If required, round…
A:
Q: The size of the workforce has increased during the beginning of the pandemic (2020)
A: With the beginning of the pandemic in 2020, the size of the workforce decreased due to strict…
Q: What is multiple tax system? Write its merits and demerits
A: Taxation does more than only pay for public goods and services; it also plays a vital part in the…
Q: What are 3 ways the government can lower inflation?
A: Inflation is frequently characterised as a broad metric, such as an increase in general prices or…
Q: 2.21. Give the extensive-form and normal-form representations of the grenade game described in…
A:
Q: Explain why the simple deposit multiplier overstates the true deposit multiplier (the money…
A: Deposit Multiplier: The deposit multiplier is the greatest amount that a bank may create for each…
Q: If Ginna spends her entire budget, she could buy a chosen set of groceries and also buy 10…
A: Budget constraint shows the expenditure on each good when the income of the consumer and prices of…
Q: 2. Given the graph below, describe the economy at points A, B, and C. Aggregate Demand (Consumption…
A: The aggregate expenditures within an economy can be calculated using the consumption, government,…
Q: g) Tesla builds a new factory in Hungary. h) Tesla builds a new factory in Pennsylvania. i) Your…
A: Gross Domestic Product (GDP) of an economy is the value of final goods and services produced within…
Q: Possitive short run relatioship between the prices level for outpput and reall gdp holding the…
A: GDP, gross domestic product is the value of final goods and services produced in the economy within…
Q: 9. A self employed individual, Jimmy Carpenter, is opening a retirement account at a bank. His goal…
A: A cash flow series with a geometric gradient either increases or decreases by a fixed proportion…
Q: • Comparing the new (@Y/G₁), what can you conclude about the effectivity of fiscal policy in the new…
A: Money demand is a schedule that shows how the quantity demanded of money in an economy changes with…
Q: The reaping, processing and sale of sugarcane is a booming sector. However, the late 1990s and…
A: Quantity desired in economics refers to the total amount of an item or service that consumers demand…
Q: (6) Given the following sample data set. X 2 3 Y 10 9 a. Draw a scatter diagram of the data. 5 7 6 4…
A: Two variables are considered to be positively correlated if they vary in the same direction, meaning…
Q: The present worth of a deposit of $1,000 now and $1,000 every six months for 10 years at an interest…
A: The concept of present value states that money today is worth more than it will be in the future. In…
Q: Do Profit Maximizing Employers Exploit Labor? (Source: OER) If you look back at the labor dynamics…
A: There are many labor markets which are different but economists use the term labor market for all.…
Q: Assume the Federal Reserve triples the growth rate of the quantity of money in circulation. In the…
A: When the supply of money in an economy increases, the demand for products and services rises. This…
Q: The Pizza company's franchisees pay a royalty to the company that is typically equal to 4.5% of the…
A: Promotion price of pizza = 1 Cost of producing pizza = 1.1 Royalty paid = 4.5% of the revenue…
Q: The return a lender receives for allowing borrowers the use of their savings for one year,…
A: Disinflation is the decrease in inflation rate over years. Real interest rate is the rate of…
Q: A prolonged period in which investment prices fall and usually occur when the economy is in a…
A: Stocks are defined as the form of securities which give a share of the company to the shareholders.…
Q: Given the following three mutually exclusive alternatives, What alternative is preferable, if…
A: Present worth = -Initial Cost + discounted annual benefits
Q: Assume a monopolist faces a market demand curve P= 200 - Q and has the short-run total cost function…
A: The profit-maximizing output for the monopoly will be at a point where marginal revenue is and…
Q: Which of the following about saving deposits a-under M2 supply, they they are bank accounts that…
A: Savings deposit is a type of bank account opened by people at any financial institution to save a…
Q: 5. How much would you have to deposit now, so that you can withdraw of $10000 starting at the end of…
A: Withdrawal Amount = 10,000 Withdrawal decrease @ 10% r = 6% (Assuming there is a typing error and…
Q: What is the amount of 10 equal annual deposits that can provide five annual withdrawals, when a…
A:
Q: Which of the following statements about price-takers is false? We do not analyze them using diagrams…
A: An individual or business that must accept market prices because it lacks the market share to do so…
Q: The executive action is estimated to increase Supplemental Nutrition Assistance Program (SNAP)…
A: The number of persons using SNAP benefits increased, but there are more people without insurance in…
Q: What are the methods of exchange control?
A: Exchange controls are government-imposed prohibitions and restrictions on private transactions in…
Q: By diagram explanations of Monopoly market structure, the long run equilibirium under the Marginal…
A: A monopolist firm cannot change all productive resources in the short-run. A monopolist may also…
Q: Answer the following questions. List and describe the three primary functions of the Federal…
A: Reserve is the amount that is kept by the banks as a security to be used in case of financial crises…
Q: If the fed orders a contractionary monetary policy, describe what will happen to the following…
A: Contractionary monetary policy is used when central banks raise interest rates while decreasing the…
Q: I'm still not understanding
A: There area unit several patrons and sellers within the market once there's perfect competition.…
Q: An electronic device is available that will reduce this year's labor cost by$13232.The equipment is…
A: Labour Cost at Year 1 13232 Increases by 7% r 12% Bimonthly r 0.02
Q: In the long-run, competitive firms want to exit industries in which P = MC. O P> MC. OP > ATC.…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: nd your answer to the nearest cent
A: Given total purchase price (inclusive of tax) = 279.99 $ Sales taxes = 5.4 %
Q: Because of scarcity, people are more likely to do what? squander resources increase the profit…
A: Resource scarcity refers to the shortage of commodities needed to sustain life or a specific…
Q: What is an example of another business that stays open even when it's slow, and its revenue does not…
A: A firm may decide to remain open even when it’s slow and revenue does not cover its costs. This can…
Q: What is progressive tax? Write its merits and demerits.
A: Taxation does more than only pay for public goods and services; it also plays a vital part in the…
Q: 16. Fill in the missing values in the following table. Income Tax Average tax $ rate (%) S 20,000…
A: A tax refers to the compulsory financial charge or some other type of levy imposed on a taxpayer by…
Q: All other things being equal, which country is likely to have the slowest economic growth? O Country…
A: A rise in relative production of goods and services between two time periods is referred to as…
Q: 6. Write a function for the problem. Use the function notation. Use the variables provided by each…
A: The term "monthly cost" refers to the sum of all wages, benefits, rent, depreciation, utilities,…
Q: 4) Which of the following companies is least likely to operate in an oligopoly? O Burger King, which…
A: A market structure is a classification of different industries as per the characteristics of the…
Only typed answer
Trending now
This is a popular solution!
Step by step
Solved in 5 steps with 7 images
- ENGINEERING ECONOMICSIt costs P500,000 at the end of each year to maintain a section of Kennon Road in Baguio City. If money is worth10%, how much would it pay to spend immediately to reduce the annual cost to P100,000?a. List the given variablesb. Formula & Complete solutionEngr. Collado is considering two types of machineries that will use in construction Equipment A Equipment B INITIAL COST Php 350000 Php 780000 ESTIMATED LIFE 15 years 15 years Php 55000 Php 57000 ANNUAL LABOR COST Php 90000 SALVAGE VALUE Php 120000 If the minimum require rate of return is 20%, which equipment should Engr. Collado chose?The cash flows for three mutually exclusive alternatives are given in table below. MARR = 4%. ALB Alt. C 27,000 24,000 7,600 6,500 13% 11% Initial cost Annual benefits ROR Life in years Alt. A $15,000 $4,500 15% 5 Reference: Case Study 8 The best alternative for a MARR of 2.0% using the incremental rate of return analysis is A. Alt. C B. Alt. B C. Alt. A OD.Do-nothing
- Solve this problem in Excel. The following two alternatives are mutually exclusive. (a) Which one will you select if your MARR is 15% per year? Use rate of return analysis. (b) Graph interest rate vs. present value for both option 1 and 2. ( c) Discuss how your selection between option 1 and 2 will change when MARR is changed and at which interest rate the two options are the same economically. Alternative Initial Cost Annual Benefit Life, years Ordinary (O) $38,000 $9,400 5 Above average (AA) $35,000 $9,000 6Example A company is considering two types of equipment for its manufacturing plant. Pertinent data are as follows: Freeze Type A Type B First cost P200,000 P300,000 Annual Operating Cost P32,000 P24,000 D Annual Labor Cost P50,000 P32,000 Insurance and Property Taxes 3% 3% Payroll Taxes 4% 4% Estimated Life TO 10 If the minimum required rate of return is 15%, which equipment should be selected?A Cost $4000 $2000 $6000 $1000 $9000 Annual benefit 639 410 761 117 750 Useful life, in years 20 20 20 20 20 i* 15% 20% 11.1% 9.9% 5.45% Perform incremental ROR analysis to select best one. MARR=6%; (P/A, 6%, 20) = 11.47 %3D
- Complete the following analysis of cost alternatives and select the preferred alternative. The study period is 10 years and the MARR = 10% per year. "Do Nothing" is not an option. A B $15,000 $16,100 240 290 1,000 1,250 -$41,731 - $45,131 Capital investment Annual costs Market value at EOY 10 FW (10%) Click the icon to view the interest and annuity table for discrete compounding when i = 10% per year. The FW of the alternative C is $. (Round to the nearest dollar.) Select the preferred alternative. Choose the correct answer below. OA. Alternative C OB. Alternative A OC. Alternative B O D. Alternative D D $17,900 110 1,950 ??? - $46,231 с $12,500 450 1,800Street lighting fixtures and their sodium vapor bulbs for a two-block area of a large city need to be installed at a first cost (investment cost) of $130,000. Annual maintenance expenses are expected to be$6,500for the first8years and$8,500 each year thereafter upto 25years. With an interest rate of 9% per year, what is the present worth cost of this project? Choose the closest answer below. A) $202,422 B $238,597 C) $249,468 D) $277,339How can the most engineering economic analysis problems be solved by applying Annual-Worth Analysis?
- If the interest rate, i=10%, the capitalized cost (CC) of the given project whose Cash Flow diagram is given below is closest to: 0 PO=$800,000 1 2 $200,000 (Nonrecurring) 3 F--- -% per year 4 5 A= $5,000 6 7 8 Year $1025890 O $1030560 $1038450 $1027273 $2027372 OA project is being planned that has an initial investment at time 0, annual revenuesand expenses, and a salvage value at the end of the project lifespan (20 years). The financialvalues are summarized below:Initial investment amount at time 0 $150,000Estimated annual revenue $34,500 per yearEstimated annual expenses $8,700 per yearEstimated salvage value at end of lifespan $10,000Minimum attractive rate of return (MARR) 15%a. Calculate the capital recovery amount CR(i%).b. Using the annual worth (AW) method, determine whether purchasing the equipmentis economically justified.c. Repeat part (a) using the internal rate of return (IRR) method based on annual worth(AW).d. Using the present worth (PW) method, determine the break-even time period afterwhich purchase of the equipment generates a profit. (Find N when PW = 0) year period.a. The PW of the Gas Heating Option is b. The PW of the Geothermal Heating Option is c. The lower cost alternative is the geothermal heating option