↑ Nominal Average CPI Year Hourly Earnings (1982-1984 100) 2020 $10 188.9 2021 11 195.3 2022 13 201.6 Looking at the table, real average hourly earnings between 2021 and 2022 changed by OA. 1.2%. OB. 4.5%. OC. 9.9%. OD. 14.5%.
Q: Questions: 1-In a class experiment with 20 subjects, using BDM methodology, we collected the WTP…
A: First, we need to organize the Willingness to Pay (WTP) data in descending order. This is because…
Q: When plotted Sarah's indifference curve for coffee and tea reveals parallel indifference curves that…
A: Step 1: Step 2: Step 3: Step 4:
Q: None
A: b. The retail industry period accounts for 8% of the total plastic waste of Australia's 8% industry.…
Q: Please show all steps to getting the answer and Not given handwriting. Thanks!
A: Step 1: Step 2: Step 3: Step 4:
Q: Assume the personal consumption depends on personal income and wealth. What is the bias’s direction…
A: When estimating the consumption function, omitting a relevant variable like wealth can lead to…
Q: 6. A drug company has a monopoly on a new patented medicine. The product can be made in either of…
A: Step 1:Step 2:
Q: As of 2020, which of the following businesses is not a multinational corporation?…
A: A multinational corporation (MNC) is a company that operates in its home country, as well as in…
Q: Link the below reasons for the existence of unemployment (left) with the relevant type of…
A: Approach to solving the question:1. Here are the links between the reasons for unemployment and the…
Q: do fast.
A: An increase in money supply: This would typically affect aggregate demand (AD), as it influences the…
Q: A present asset (defender) has a current market value of $81,000 (year 0 dollars). Estimated market…
A: Step 1:Marginal cost is the cost for keeping the defender for 1 more yearMarginal cost= Loss of…
Q: Graph a perfectly competitive market with the following information. Industry Price: $12 MC @ 400…
A: Total Revenue (TR):Total Revenue is the total amount of money a firm receives from selling its goods…
Q: Consider a Leader-Follower duopoly, the firms face an (inverse) demand function: Pb = 530 - 17…
A: In a Stackelberg duopoly with firm 1 as the leader and firm 2 as the follower, the deadweight loss…
Q: A Peruvian investor buys 180 shares of a U.S. stock for $7,560 ($42 per share). Over the course of a…
A: a If the stock increased by $3 per share and 10% gain in the value of the dollar versus the nuevo…
Q: please show all steps to getting the answer! Thanks
A: Approach to solving the question:Detailed explanation: Examples: Key references:
Q: What would be the short-run equilibrium quantity produced by this firm if the market price were $25?
A: In case of perfect competition, the equilibrium occurs at a point where the price matches the…
Q: The firms in a perfectly competitive market for a good create pollution, the costs of which do not…
A: Answer: Initially ,before imposing domestic pigovian tax the firm was in equilibirium at price P2…
Q: In Thailand, assume that market of grains (animal feeds) is perfectly competitive. Suppose…
A: Scenario: Prices of inputs used in grains production are increasing The increase in the inputs in…
Q: None
A: In the graph titled 'Determining Monopolist Profit', there are several elements that are key to…
Q: None
A: To find the optimal level of Q (quantity), we need to equate marginal cost (MC) and marginal benefit…
Q: Using an aggregate demand and supply graph, show and describe the effects in both the short run and…
A: Temporary Negative Supply Shock:The aggregate supply (AS) curve will be shifted to the left in the…
Q: Q5. What do you mean by the demand of a commodity? a) Desire for the commodity b) Need for the…
A: In economics, the term demand refers to the quantity of a good or service that consumers are willing…
Q: Q4. Steel cable barriers in highway medians are a low cost way to improve traffic safety without…
A: To determine the rate of return (RoR) over a 10-year period for the given conditions, we'll work on…
Q: don't use chatgpt answer and i need correct answer proper explanation step by step and i will 10…
A: Before taxes, The equilibrium quantity and price are where demand equals supply that is at q = 2.00…
Q: 15. (15 points) Suppose that the values of y are generated by the following equation: ŷ=a+Bx+e Where…
A: Given:y^=α^+β^x+eα^=3obsyx ŷresidual µ124 62101 3 528-84 7 -1Find the slope β^.At x = 5, the…
Q: Which countries are likely to gain, and which are likely to lose, from the North American Free Trade…
A: The North American Free Trade Area (NAFTA) is a trade agreement between the United States, Canada,…
Q: 46. How much labor will this firm employ and at what wage? (a) 20 units at $100…
A: A monopsony is a market structure where we have one buyer (the monopoly as a buyer), but many…
Q: Which of the above statements are TRUE about monopolistically competitive markets? (a)…
A: Based on the statements , the option that accurately represents which statements are true about…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: 1. Identifying the Socially Optimal Level of Pollution M*: The socially optimal level of pollution…
Q: Which of the following are true of a barter economy? Check all that apply. The transaction costs…
A: This statement is true. Barter economies have low specialization, division of labor, and economic…
Q: None
A: Part (b): Impact of Changes in Commuting Costs and TimeIncrease in Commuting Costs from $50 to…
Q: This exhibit illustrates the major elements of a marketing plan. Drag the terms to the appropriate…
A: Corporate-Level Planning:1. Core Competencies:Core competencies are the unique strengths and…
Q: Subject : Engineering Economics Please write handwritten Answer
A: To calculate the equivalent annual cost (EAC) of owning and operating the machine, follow these…
Q: typing clear no chatgpt used i will give 5 upvotes
A: Even Periodic Extension:The function definition (f(t) = 1 + 6t) applies within the interval 0 < t…
Q: Subject : Engineering Economics Please write handwritten Answer
A: • Purchase Price of Machine = Rs. 50,000• Useful Life of Machine = 5 Years• Salvage value of machine…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: In the context of marketing history, Powell Motors' approach exemplifies the production era, a…
Q: Consider an economy described by the following: C = $4 trillion Ī G = $1.5 trillion = = $3.0…
A: Explaining each of the answers in detail with 6000 words might be a bit excessive, but I'll provide…
Q: In the table below, you are given data for the country of Spruce. Net foreign factor income -29…
A: B. The value of Net Domestic Income (NDI) (at basic prices) is $861. Net Domestic Income (NDI) =…
Q: Potato SA's head of marketing Willie Jacobs has explained that the practice of potato dumping holds…
A: Dumping in economics refers to the practice where a company exports a product at a price lower than…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: Step 1: Step 2: Step 3: Step 4:
Q: None
A: StepsTo find A - B, let's first identify the payoffs for Player 2 in each subgame perfect…
Q: None
A: Supply and Demand Curve for Research FundingThe supply curve represents the quantity of research…
Q: Please give authentic answer to every part step by step and take a like
A: Question Explanation For understanding problem:The question asks us to analyze how a change in price…
Q: The market supply curve is a vertical summation of individual supply curves.
A: The market supply curve is a macro economic concept which justifies individual producers on the…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: This confidence in "dollar hegemony" is emanated from a variety of comprehensive elements that…
Q: * PRACTICE * - What is the value of kss?(a) 72 (b) 27 (c) 7.2 (d) 2.7 -What is the value of Yss…
A: Approach to solving the question:Absolutely. Here are the answers to your questions based on the…
Q: The following table gives output levels for different levels of workers at Ken & Larry's Ice Cream.…
A: The Marginal Product (MP) of labor is the additional output that is produced when one more unit of…
Q: 11. U=2x²y, Px=2, P₁=1, income=100, which of the following choices is correct? x=20, y=60 x=50, y=50…
A: Step 1:Utility is a measure of satisfaction or happiness that a consumer derives from consuming…
Q: Subject : Engineering Economics Please write handwritten Answer
A: Referenceshttps://www.investopedia.com/articles/03/082703.asp
Q: Considering only Demand, if the price is increased from $2 to $6, total revenue will: (a)…
A: In order to determine the effect of a price increase from $2 to $6 on total revenue, we need to…
Q: Assume you are a landlord in a college town, and campus is suddenly closed in the middle of Spring…
A: Approach to solving the question:Step 1: Examine the legal framework and the lease agreement The…
Step by step
Solved in 2 steps
- Upgrading an Organization’s ComputersYour organization earns $50 million in annual sales, has 500 employees, andplans to acquire 250 new mobile computers this year along with another 250next year. The goal is to issue every employee a company-owned computer,which they can use at work and at home. The computers will be loaded withantivirus software and productivity software to meet each employee’s business needs. Your organization has decided it will purchase the computersfrom the same manufacturer to obtain a quantity purchase discount. To theextent possible, the goal is to have the same hardware and software foreveryone to simplify the troubleshooting and support of the computers. Thechief financial officer has asked you to lead a project team to define users’computer hardware needs and recommend the most cost-effective solutionfor meeting those needs. Critical Thinking Questions1. Who else (role, department) and how many people would you select to bea member of the team? How would…In the stage of increasing returns, there is a. Abundance of variable factors O b. Abundance of fixed factors O c. Improvement in technology O d.Overuse of the fixed factorquantity of machines 100 90 80 70 60 50 40 30 20 10 O $3450 O $6000 O $3000 (10,84) O $4250 10 20,20) 20 (30,9) 40,5) 40 50 quantity of workers 30 A jewelry firm uses workers and machines to make bracelets. Workers cost $100 per day and machines cost $50 per day. The firm produces 200 bracelets per day. The lowest variable cost of producing 200 bracelets is _q=200 60
- Inventory Management -- Class Work Sheet (CW-14) Q. 14. Jean-Marie Bourjolly's restaurant has the following inventory items that it orders on a weckly hai .. a) Which is the most expensive item, using annual dollar volume? b) Which are C items based on annual dollar volume? c) What is the annual dollar volume for all 20 items? SValue #Ordered per Week 52 week $ Total % of inventory Cumulative Imventory 5 Inventory Item per Case Item no Rank Васon Chickens Eggs (case) Fish filets French fries Garlic powder Lettuce (case) Lobster tail Napkins Oil Order pads Pasta Pepper Prime rib Rib eye steak Salt Sugar Tablecloths Tomato sauce Trashcan liners 56 75 22 143 43 11 2. 3. 14 7. 10 32 35 245 12 28 12 23 8. 6. 2 10 11 12 13 14 15 16 17 18 19 20 166 135 4. 32The table below shows the costs incurred at Polly's potato farm. Complete the table. >>>Answer to 2 decimal places. L 0 1 2 3 4 4000-60 2017 0-0000-0000-0000 TP TVG TC 0 0 70 32 92 212 292 30 60 90 130 AFC 120 190 2.19 160 0.33 AVC ATC 0.94 3.13 0.65 1.41 0.24 0.41 0.75 MC 0.94 0.50 0.251. Suppose Firm A has a budget of P1.5 million pesos in outsourcinginputs, labor and machines, that would lend support in its 1 yearoperation. Suppose further that the cost of labor for 1 year is P150,000and for a machine is P200,000. If it decides to hire 6 laborers, howmany machines would it accept?
- Store Local Shoe Store Different Neighborhood in Town Rural Outlet Travel Time Each Way (Minutes) 15 30 60 Store Local Shoe Store Price of a Boots (Dollars per boots) 114 95 Juanita earns an hourly wage of $16 at her job. In order to purchase her boots she will have to take time off work, so each hour away from her job costs her $16 in lost income. Assume that Juanita's travel time is the same each way (to and from the store) and that it will take her 30 minutes once she reaches a store to complete her shopping. Assume throughout the question that Juanita incurs no additional costs other than the boots, such as gas. Different Neighborhood in Town Rural Outlet 74 Complete the following table by computing the opportunity cost of Juanita's time and the total cost of shopping at each location. Opportunity Cost of Time (Dollars) Price of a Boots (Dollars per boots) 114 95 74 Total Cost (Dollars) Assume that Juanita considers both her opportunity costs and the price of boots when making her…The HR department is trying to fill a vacantposition for a job with a small talent pool. Validapplications arrive every week or so, and theapplicants all seem to bring different levels ofexpertise. For each applicant, the HR managergathers information by trying to verify variousclaims on resumes, but some doubt about fitalways lingers when a decision to hire or not isto be made. What are the Type I and II decision error costs? Which decision error is more likely tobe discovered by the CEO? How does this affectthe HR manager’s hiring decisions?020-2021 Bah Marginal cost is given by 12 eu.54. Fixed cost is 56. What is the total cost? O a. 6e0.5Q Ob. 24e0.5Q+32 Oc. 6e0.5Q 50 O d. 24e0 5Q 56
- A baseball team has signed a draft pick to a two year contract. The player's expectedmarginal revenue product in year 1 and year 2 are $1-million and $1.7-millionrespectively. The contracted wage is $1.3-million in the first year. The interest rate is7% each year. The competitive wage in year 2 is expected to be $1.8-million. If theteam is indifferent about the player resigning with it at the end of his contract, howmuch will they pay him in the second year? Use a$ and commas.Hand written plz asap.... I'll rate sure plz hand written otherwise downvoteThe currency exchange rates between different countries are very important for firms selling their products in another-country market since They may affect company profitability They may affect company revenues Ob. They may affect company costs They may affect all of the above Od. A hot dog stand operates five days a week. Each day she sells 120 hot dogs for $3 cach, 50 pretzels for $2 each and 4o sodas for $1 cach. The cost for each hot dog is 50¢, for each pretzel 20¢ and for each soda 10¢. How much is her weekly profit? $426 $500 $1500 $2130 d.
