What cause inflation in economic?

Q: P&G sold its prescription drug business to Warner Chilcott, Ltd., for $3.1 thousand millions. If…

A: P&G sold his business for 3.1 thousand million Revenue from sales = 2billion Net Profit = 20% of…

Q: The quantity equation states that the money supply divided by the velocity of money equals the price…

A: Quantity Theory of money states that relationship between the money supply and general price level.…

Q: Explain why zero pollution should not be the goal for a society.

A: The term "zero pollution" implied a low quantity of poisons and trash delivered by businesses, to…

Q: Net worth is a measure of a firm's profits. unrelated to stockholders' equity. the difference…

A: Net worth of a firm is the wealth of the firm.  Assets are the things that will yield benefits in…

Q: • point of diminishing returns (D) most productive point (P) economic capacity (E) Once a point is…

A: No of Workers TP 1 10 2 80 3 180 4 240 5 280 6 294 Variable Cost = 220 per day Fixed…

Q: Which of the following is a fixed cost of production? rent for a storefront grapes used to produce…

A: Fixed cost of production: Fixed costs are that part of the production which is independent of the…

Q: Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price…

A: Shortage refers to a situation where the quantity demanded of the good exceeds its quantity…

Q: If the marginal propensity to save is 0.15 in an economy, a $15 billion rise in consumption spending…

A: Multiplier = 1/MPS  MPS is the marginal propensity to save.  Change in GDP = Multiplier × change in…

Q: Scott has a Hotdog stand in downtown Portland. He wants to increase his total revenue. He knows…

A: 1. Initial price of hotdogs : P1=$1.25 Initial quantity demanded of hotdogs : Q1=20 units New price…

Q: 1. In an international economy of perfectly substitutable currencies, an increase in the stock of…

A: International economics is concerned with how disparities in consumer choices and productive…

Q: relationship In the Mortensen-Pissarides model the wage-setting curve gives a between the real wage…

A: In the Mortensen-Pissarides labor market environment model the main elements: are flows between…

Q: A. Competition B. Collusion

A: A collusion takes place when two or more firms agree to reduce competition and by restricting output…

Q: Redo the problem in Question 2 under the assumption that the person can buy flood insurance at a…

A: Contingent consumption refers to the consumption of the buyer when there are uncertain conditions.…

Q: Suppose that demand and supply of apples are described by the following equations: P = 100 - 3Q…

A: Introduction: The equilibrium quantity exists at a level where the demand curve and supply curve…

Q: The major assets on a bank's balance sheet are its checking and savings account deposits. loans, and…

A: Balance sheet is the T account showing the assets and liabilities of a firm.  Balance sheet shows…

Q: How can these economic indicators that are affected by the government's fiscal policy, monetary and…

A: The nominal fixed investment is autonomous i.e., it does not depend on any of the endogenous…

Q: Interpret the change you drew on the previous graph by filling in the blanks in the following…

A: in long run economy is at full employment level where LRAS=SRAS=AD. full employment is the phase…

Q: Imagine that Kristy deposits $10,000 of currency into her checking account deposit at Bank A and…

A: Money Multiplier = 1required reserve ratio Deposits increase = Money multiplier × initial Deposits

Q: A3) Consider a perfectly competitive market. The industry demand curve is QD = 7-2P. The ndustry…

A: the demand curve is Qd=7-2P and  supply curve is QS=P government imposes the tax of 1 on consumers

Q: Question 2  Full explain this question and text typing work only

A: we have given the 3 different types of production function, where each is the function of labor and…

Q: Which forms of economics is best for whom and why? (capitalism versus socialism)

A: An economic system known as a capitalist economy is one in which private organisations manage the…

Q: Asian American small business such as Vietnamese American nail salons offers previously expensive…

A: Given,  Nail Salon offers previously expensive products for a cheaper price, making it available to…

Q: QUESTION 3 Greenhouse gases are O uniformly mixed pollutants O stock pollutants O gasses the…

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

Q: The table lists weights (pounds) and highway mileage amounts (mpg) for seven automobiles. Use the…

A: Scatter plot diagram shows the graphical representation of relationship between two variables using…

Q: 9. This question is based on the following data, which are for an apple farmer who can hire migrant…

A: Profit maximizing point is achieved at the point where value of marginal product of labor is equal…

Q: 2. Monopoly: Consider a monopolist with a marginal cost of production c = 8 who faces a demand curve…

A: Introduction  Monopoly refers to a market situation where there is single seller selling a product…

Q: Use the following cell phone airport data speeds (Mbps) from a particular network. Find the…

A: Percentile is calculated by using the below formula :-  Percentile = (no. of value less than the…

Q: There are a variety of taxes that a person pays when buying an airline ticket. One tax is called the…

A: Passengers no doubt pay an array of taxes and as mentioned one such is the LUST taxes. When…

Q: The total product of the 10 employees of ABC is 10,000 bags. The firm is considering employing a…

A: Production function shows the relationship between input and output.  Firm will hire the labor /…

Q: Would the maximum loan that a bank can make be different when receiving a discount loan from the…

A: A commercial bank refers to a financial institution that accepts deposits, offers to check accounts…

Q: 1. Mr. Lopez borrows P600,000 at 12% compounded annually, agreeing to repay the loan in 15 equal…

A: Present value is the value of investment in today's dollar.  Future value is the value of investment…

Q: Marginal product measures the change in: Group of answer choices a firm's revenue brought about by…

A: Total product is the total output produced by employing the labor/ input.    Average product is the…

Q: Suppose that Starbucks reduces the price of its premium coffee from $2.20 to $1.80 per cup, and as a…

A:

Q: Project A has a net present value of zero when the discount factor of 20% is used. How much return…

A: The time value of money refers to the concept that a sum of money value is more now than the same…

Q: Price and costs $30 $25 $20 $17.50 $15 $10 $5 0 $ $4.40 3.25 MR MC 1 2 3 4 5 ATC Quantity…

A: A Perfectly Competitive firm maximizes profit by producing output at a level where Price equals…

Q: (a) Construct an appropriate spreadsheet model for calculating the profit/loss at a given…

A: Total cost is Fixed cost + Total variable cost To find the profit or loss we need to check the total…

Q: An increase in the number of sellers supplying a good or service: Select one: O a. shifts the supply…

A: Supply refers to the quantity that a Seller wants to sell at a given price in a given period of…

Q: 8. In 2004, the distribution of net worth within the United States was as given in the following…

A: Ginni's Coefficient is a statistical measure that is used by an economy to measure the amount of…

Q: Due to a sales tax, the sale of gameboys decrease from 80 to 70. This tax is a tax on sellers when…

A: Demand is the quantity of the commodity that is sought after at various prices throughout a specific…

Q: Is sector/industry analysis valuable? Why or why not? Explain.

A: Both sector as well as industry analysis are valuable. Entrepreneurs use sector analysis to evaluate…

Q: 21. Refer to Figure 18-2. The graph above illustrates the market for bakers who make homemade breads…

A: The demand and supply curves are used to determine the equilibrium conditions in the market. The…

Q: he table below shows cost data for producing different amounts of sofas. Use the given information…

A: Total cost is the sum of fixed cost and variable cost.  Average fixed cost is the fixed cost divided…

Q: What is the opportunity cost of taking this Intro to Microeconomics course at NYU? What is the…

A: In economic terms, cost can be classified as explicit and implicit cost. Explicit cost refers to the…

Q: Suppose you live in an apartment and you have 3 roommate and you just cleaned the kitchen in your…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Who benefits economically from the rise of gig work, like venture capitalists, shareholders, gig…

A: Introduction A gig means a doing job for a specified period of time. In a gig economy, companies…

Q: A firm has an inverse demand curve of P = 30 - 3Q and a marginal cost curve MC= 6Q. Calculate the…

A: producer equilibrium is the situation where firm makes maximum profit. At maximum profit point or…

Q: For a marginal damage cost function equal to: MD = 0.8E, the marginal damage cost of the 50th unit…

A: The marginal damage function is a connection between the number of emissions and the damage brought…

Q: If the price elasticity of demand for football tickets is estimated to be 4.5, then a 10 percent…

A: Elasticity measures the percentage change in quantity due to percentage change in price.  Ed = %…

Q: Explain in detail the process of Monetary Policy transmission of an increase in the cash  interest…

A: Monetary Policy: Monetary policy is a central bank mechanism by which it controls the level of money…

Q: Q^d= 9.5 - 2p Q^s= o.6p Tax. Suppose that the government imposes a tax equal to T = 0.50 which…

A: Consumer Surplus: Consumer surplus is the net benefits that the consumer receives by purchasing…