Presidential Power Pros Presidential Power Cons

Q: Suppose Yvette just sat down to enjoy the Double Stack burger that she purchased for $1.00. Her frie...

A: Solution:-  ▪︎Yvette is confronted with two scenarios:           • She buys the Double Stack Burger ...

Q: By how much will the slope of Matt's budget constraint change if his income were to increase from $1...

A: In economics, a budget constraint represents all the combinations of goods and services that a consu...

Q: The maintenance cost for a car this year is expected to be $500. The cost will increase $50 each yea...

A: Note:- Since we can only answer one question at a time, we'll answer first one. Please repost the qu...

Q: Q³ = 100 + 3P Qd = 400 – 2P %3D where Q® is the quantity supplied, Qd is the quantity demanded and P...

A: Dear student, you have asked multiple sub-part questions in a single post. In such a case, I will be...

Q: 5. The following are some of the costs of a clothing manufacturer. State which among them will you

A: Fixed costs, otherwise called roundabout costs or upward costs, are operational expense that are not...

Q: A Company manufactures and sells one product. The product has the following cost and revenue data Se...

A: Advertising elasticity of demand (AED) is a measure of a market's sensitivity to increases or decrea...

Q: 17. Unemployment of labour means that

A: To find : What is mean by unemployment of labour.

Q: HOW WILL YOU DECIDE ON WHO WILL GET A COMMODITY OF MILK BASED ON THE CHARACTERISTICS AND ROLES OF 3 ...

A: An economic system is a way for governments or communities to distribute and organise resources, goo...

Q: 4. The total effect of a price change of a commodity is А. Sustitution effect plus price effect B. O...

A: "Correct option is B- substitution effect plus income effect."

Q: method when the price of the pizza falls from $ 10 to $9, what is the percentage change in price?

A: To find : What is the percentage change in price. 

Q: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million. Ecu...

A: South Africa has a GDP of $10 billion (measured in U.S. dollars) and a population of 45 million. GDP...

Q: Need urgently What might the impact of a flat world be on your standard of living?

A: The impacts of flat world on the standard of living are as follows :-

Q: Refer to the graph shown below, which illustrates a third-party payer market for diabetes screenings...

A: From the given demand and supply curve, Without a third party, the market is in equilibrium when the...

Q: Planned Aggregate Expenditures 2400- 2100- 1800- 1500- 1200 AE 900- 600- AE Y 300- Potential Output ...

A: ANSWER   Planned Aggregate Expenditures

Q: Suppose that the logging industry in Canada is unregulated, and anyone can cut-down a tree on public...

A: Social cost is the sum of private cost and external cost, if exists.

Q: Activity 2 Statistics Reading The most major economic problem of our country today is the reduction ...

A: A positive economic growth rate means the production of goods and services is increasing. A negative...

Q: Question One O Zabron has preferences > for Champagne (good 1) and Wine (good 2) defined by: (x, x2)...

A: 1. i. Complete:  No, since we can not compare two bundles for which one bundle has higher minimum an...

Q: PAYMENT HISTORY,CAPACITY,LENGTH OF CREDIT,NEW CREDIT and MIX OF CREDIT  how do the above factors in...

A: Payment History, Capacity, Length Of Credit, New Credit and Mix of Credit are some of the most impor...

Q: Because of automatic stabilisers, the government budget will tend toward deficit during a...

A: Automatic stabilizers are a type of fiscal policy used by the government to stabilize the economic c...

Q: The UK govenment has decided that the high consumption of alcohol is now becoming a global threat to...

A: Let suppose the alcohol market in UK is in equilibrium as shown in the below diagram. SS is the supp...

Q: Derive the following: (i) (ii) (iii) (iv) (v) National Income Net Investment Personal Income Disposa...

A: As per the guidelines solution is provided to the first 3 sub-parts: (i) National income = GDP at ma...

Q: 19. Normal profit is A. O Part of total cost B. O Part of economic profit C. O Total revenue minus t...

A: When the total revenues of the firm tend to exceed the total costs of a firm, then the business is k...

Q: In the short run, if a marginal cost of a firm in a competitive industry is increasing while its ave...

A:

Q: Case: As part of the most recent collective bargaining agreement with employees, an employer must of...

A: Proposal-1:- Due to the inclusion of pre-existing condition coverage, this proposal may entail adver...

Q: A firm operating in monopolistic competition is maximizing its profit and earning negative economic ...

A: In monopolistic competition, there are many sellers with some market power. Marginal revenue lies be...

Q: Explain two benefits that a fully market based health care system would achieve in theory, assuming ...

A: Something remarkable happens when profit-maximising firms in perfectly competitive markets join forc...

Q: Joe works for pay at a local newspaper 20 hours per week as a columnist, and spends 20 hours week wr...

A: From the statement, it is clear that Joe is working for 20 hours per week as a columnist with pay an...

Q: If MPC=0.75 (and there are no income taxes) and if government purchases fall by 45, then the IS curv...

A: According to the question, MPC is 0.75 and government purchases fall by 45 which means ∆G=-45. Gover...

Q: Use the graph below to answer the following question. 10 8 Long Run Average Total Costs

A: Economies of scale (or increasing return) occur when LRAC decreases as output increases. This happen...

Q: The Solow growth model predicts that a country's standard of living can continue to increase in the ...

A: The model that depicts the growth of the economy in long run through looking at labor growth, accumu...

Q: A time deposit of P150,000 for 31 days earns P900 on maturity date after deducting the 30% withholdi...

A: a time deposit is meant by an interest-bearing bank account with a fixed term.

Q: All of the following shift the demand for money curve EXCEPT O a. an improvement in financial techno...

A: Introduction Money demand is a part of money market. It has downward sloping. Money demand shows the...

Q: The following graph illustrates the combination of apples and oranges (point A) that maximizes Yolan...

A: Since Price of Y has doubled,  the vertical intercept will come down to 25 horizontal intercept will...

Q: Productivity decreases when O a. Output and hours worked decrease at the same rate Ob. Hours worked ...

A: Productivity refers to the ability of the business to produce more output. Productivity determines t...

Q: Assuming that your firm is considering investment in a new project with the cash flows shown below. ...

A: Time CF Discount factor @10% Present value 0 - 3500 0.909 - 3500 1 1200 0.826 991.2 2 1350 0....

Q: a) The consumption function of UAE ix C100+0.5Y. The Private business sector has made on investmento...

A: Here, consumption function is given as: C=100+0.5Y And there is an investment of 100 million dirham,...

Q: he Malthusian population trap tell us that    a. trade routes of people is responsible for populatio...

A: The Malthusian Trap claims that as the world's population grows, crop production will be insufficien...

Q: Suppose the structural model of Bangladesh is given below: Consumption function, C 100 + 0.80Ya Inve...

A: Goods market equilibrium occurs at a point where aggregate demand equates total income i.e. Y=C+I+GY...

Q: First, use the tàn quadrilateral (dash symbols) to shade the area representing tax revenue. Next, us...

A: Consumer surplus is the difference between maximum price consumers are willing to pay and market pri...

Q: Consider the market for electronic components ("chips") and assume that there is complete competitio...

A: Supply bottlenecks Supply bottlenecks means the pressure on the seller to increase or decrease suppl...

Q: ATC MC P5 PA AVC P2 P1 5 10 11 12 Quantity (per day) Price and costs (dollars)

A: In perfectly competitive market, there are many buyers and sellers. Goods produced are homogenous me...

Q: Absolute poverty may differ from country to country by    a. income brackets b. health metrics c. co...

A: When talking about absolute poverty, it does not only depends upon living standards based on economi...

Q: Show a LRAC curve that exhibits only increasing returns to scale. In the same graph draw the corresp...

A: since In cost conditions, the long-run Average cost shome increasing returns to scàle only when the ...

Q: 20 (in tons) 18 20 (in tons) 18+ 16 16 14 14 12 12 10- 10 2. +++ 2468 10 12 14 16 18 20 Psh (te ) 24...

A: Production possibility frontier shows different combinations of two goods that can be produced by an...

Q: With respect to the IS/LM model, which of the following statements is false? Interest rat...

A: IS-LM model was developed by John Hicks and also known as Hicks-Hansen model. IS in this model stand...

Q: What is the likely impact on equilibrium price and quantity in the mock meat market? Describe which ...

A:

Q: The social exclusion approach implies that:   a. people who are anti-social are anti-poor and hinder...

A: Social exclusion is a multi-faceted and complex process. This means lacking or being denied resource...

Q: Suppose that the preferences of the consumer are represented by the following functions of utility: ...

A:

Q: A group of 10 people have the following annual incomes: $24, 000, $18, 000, $50, 000, $100, 000, $12...

A: Solution: Writing the given incomes in increasing order. First quintile 10000 12000 Second quin...

Q: Lorenz curve show the inequality in income distribution but it does not show    a. the debts involve...

A: The Lorenz curve is frequently accompanied with a straight diagonal line with a slope of 1, which in...