construct conceptual framework in a scenario of students and future employees in university

Q: Consider the following demand function: U(X,Y) = X5Y5 Find the solution of the maximization problem.

A: The demand function shows the inverse relationship between two variables or components that are pric...

Q: Suppose that the inverse demand for San Francisco cable car rides is p = 10 - Q/1,000, where p is th...

A: Revenue refers to the total amount that the sellers or producers of a good or service receives in se...

Q: PROBLEM IV. Consider an industry consisting of two firms (i = 1,2) that are engaged in a Bertrand pr...

A: Let's first learn that what is actually collusive pricing. It is said to be a scenario when few comp...

Q: Compute the nominal GDP in 2018. b)  Compute the real GDP in 2018? c) Compute the nominal GDP in 201...

A: Hi! Thank you for the question, as per the honor code, we are allowed to answer three sub-parts at a...

Q: Figure 7.7. What is the marginal gain in output from increasing the number of barbers from 4 to 5 an...

A: Diminishing marginal returns shows that as we hire more and more inputs the marginal productivity de...

Q: 172 122 1. Complete the table above by calculating the marginal utility, the marginal utility per do...

A: total Utility is the aggregate amount of satisfaction that the consumer receives from consuming spec...

Q: A manufacturing firm can sell x number of units of each product produced per month at a price of (24...

A: TR(TOTAL revenue) is the product of p(price) and x(quantity). TC(TOTAL cost) is the sum of fixed and...

Q: 5. How can the high rate of return available in modern financial markets discourage businesses from ...

A: Introduction The hazard-go back tradeoff is a buying and selling law that combines extreme risk with...

Q: Define the term and explain a situation that demonstrates the 'real world' application of each of th...

A: a)A trade deficit basically happens when a country imports more products and services in terms of va...

Q: You are in the market for a new refrigerator for your company's lounge, and you have narrowed the se...

A:

Q: Question 2 The price elasticity of demand for heroin is: O Less than 1. O Between 0 and 1.5. O Is el...

A: When the price of a product is elastic, a change in the amount requested changes fast. When the amou...

Q: Firms L and M are the only two providers of a homogenous output in a market with inverse demand give...

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new que...

Q: 1. The analysis of economic forces that justify the existence of trade and its degree between two na...

A: Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a new que...

Q: Number of Output of Fixed Variable Average Marginal Total Average Margina Average Average Workers (V...

A: The total product directs to the entire portion of the outcome produced within a provided quantity o...

Q: At the point of equilibrium of firm (under perfect competition)

A: To find: What happens at point of equilibrium of firm. 

Q: The market for cookies is represented by the following supply and demand conditions: QD =1,000 – 200...

A: According to the guidelines solution is provided to the first 3 sub-parts: 1) According to the infor...

Q: By using open market operations, the Federal Reserve O a. adjusts the supply AND demand of reserves ...

A: Open market operation:-  The monetary authority of any nation sells and buys govt bonds and financia...

Q: NOTE: pls explain what’s on the image attached

A: Crop insurance aims to help small farmers in the event of crop loss. The feasibility of crop insuran...

Q: How does health, wealth, and happiness of an economy might tie into the business world or be importa...

A: Government may be of certain types. In democratic government, it is found that there is both public ...

Q: You own a company that produces coasters. You set the price at $10 for a set of six coasters. Then y...

A: Market equilibrium is achieved at the price where the quantity demanded and quantity supplied balanc...

Q: How has netflix grown worldwide so well over the past decade? Please explain a few reasons why

A: Netflix is a video-on-demand service that includes award-winning TV series, movies, anime, documenta...

Q: Consider the production function F(K,L) = In(K*L). What is the marginal product of capital equal to ...

A: Given  Production function: F(K,L)=lnKL             ... (1) We have to calculate MP of capital at K=...

Q: If Ford sells 200 Explorers for a total of $400,000 to Germany, while the United States imports 100 ...

A: Net exports= Exports - Imports Ford sales of 200 explorers to Germany is US exports and Germany's im...

Q: Buying oil from Saudi Arabia accomplishes which of the following? decreases the aggregate demand O I...

A: Aggregate demand: AD = Consumption + Investment + government spending + export - import Note: Net ex...

Q: What are four non-price determinants of demand that are assumed constant, and that when changed, cau...

A: Law of Demand states that there exists inverse relationship between price and quantity demanded of g...

Q: QUESTION 11 The table presents some cross-price elasticities for various goods. Goods Cross-Price El...

A: Cross Price Elasticity : The cross price elasticity shows the change in the quantity demanded of one...

Q: To usher in a new era of transformative change for a more sustainable, equitable, and greener world,...

A: Sustainable development goals - Sustainable development goals are the specific goals to achieve glob...

Q: List two (2) differences between the consumer price index and the GDP deflator?

A: Consumer price index (CPI) is the weighted average of the prices of the basket for goods and service...

Q: Suppose that this year, the money supply grows by 6%, velocity increases by 1%, and real GDP increas...

A: By definition, we assume that the growth rate of price level is the inflation rate. growth rate of t...

Q: Assume that there are only two goods in the economy: goods 1 and 2. Further, assume that the markets...

A: Introduction Walras' law consider the economy as a whole. According to him, all price and all quanti...

Q: In both “Descent of Inanna” and “Winnebago Tales,” we have a hero held captive in a strange Otherwor...

A: I'll look at "the orphan kid who was abducted by the dreadful thunderbirds" and "the man who visited...

Q: 1. According to the law of supply, there is a A) negative relationship between price and the quantit...

A: Note:- Since we can only answer one question at a time, we'll answer first one as the exact one is n...

Q: 1 The PH debt as of today amounts 12 trillions. This balloons with an interest rate of 0.16% yearly...

A: Given that; The PH debt as of today amounts 12000000000000 The Philippines is estimated to have 110 ...

Q: Profit is maximum when

A: To find : When will be profit maximum. 

Q: Below is a year-end cash flow diagram in dollars, deferred in some years. MARR = 2.7% Find the value...

A: Dear learner you have posted multiple questions, as per our policy we have solved only first questio...

Q: The relationship between inflation rate and growth rate of real GDP 50% 45% 40% 35% 30% 25% 20% 15% ...

A: Inflation: It is the overall rise in the level of prices in the economy. In other words, it can be d...

Q: For each of the following examples, explain whether it is a case of external or internal economies o...

A: - External economies of scale happen when the expense per unit of result relies upon the size of the...

Q: Which of the following is directly implied by an industry having many small firms producing homogene...

A:   A industry where larger number of sellers selling homogenous products will have the same price det...

Q: Say a market is efficient. Which of the following occurs?   Question 1 options:   Consumer surplus ...

A: Market efficiency refers to the extent to which market prices reflect all available and relevant inf...

Q: Which of the following is an INCORRECT statement regarding economic models? An economic model is use...

A: Economic Model : An Economic Model can be defined as the theoretical model of the real life situatio...

Q: Robert Solow, winner of the 1987 Nobel Prize in economic sciences, once wrote, “If you have to be ob...

A: For his contributions to the "theory of economic growth", Robert Solow received the Nobel Prize in E...

Q: market consists of groups of buyers and sellers of a good or service. Market equilibrium represents ...

A: The equilibrium is established where the demand and supply forces are equal. The change in the deman...

Q: 1- For the following functions, give the slope and the intercept: а- Зу-бх-3 b- Y+5x-20=0 2- Find th...

A: Equilibrium point is a point where the demand and the supply are equal and price at that point is kn...

Q: (a) Calculate the value of the MRTS at points A and B. (b) What is incorrect in the Statement of Que...

A: The marginal rate of technical substitution (MRTS) is an economic theory that illustrates the rate a...

Q: An individual earns $100 this and $100 next year. On the diagram below, draw the person's intertempo...

A: Income in this year m1 = $100 Income in next year m2=$100 r=5%

Q: a) A person plans to deposit 100000 in the first year in his savings account. He reduces his deposit...

A: Disclaimer :- as you posted multiple questions we are supposed to solve the first one only as per gu...

Q: A person's wealth is a stock; his income and expenditure are flows. • The number of people getting t...

A: Stock is that quantity of economic variable which is measured at a particular point in time.  Stock ...

Q: Plot the above AD-AS curves on the (Y, T) diagram. Describe the slopes of both the AD curve and the ...

A: Economists generally agree that the rate of money growth is one determinant of an economy's inflatio...

Q: Ms. Roberts decided to invest some money in an insurance company with an interest rate of 9% annuall...

A: We use the rule of 72 here. Rule of 72: Years to double the principal = 72/Interest Rate 

Q: National income is equal to Multiple Choice rent + transfer payments + interest + wages

A: National income is the sum of factor income earned by the residents of the country over the given pe...