Question 6 C-1000-08Y-T). I-500, G-800, T-500, X-M-0. Find equilibrium GDP Round your answer to the nearest WHOLE number

Q: ) At 200 units of the activity, marginal benefit is $__________ and marginal cost is $__________. b)…

A: Optimal level is determined where the Marginal benefit is equal to the marginal cost of production.

Q: Air Shangrila sells to both tourist and business travelers on its single route. Tourists always stay…

A: given  The weekly demand function of tourists                                      QTd   =  3000- 5P…

Q: Suppose the economy is initially in a long-run equilibrium. Using the AD-AS framework, show…

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

Q: Suppose that steel producers face the demand curve given by: Q=75 -0.25P, where Q is steel output…

A: The marginal social cost is calculated as the total of the marginal external cost and the marginal…

Q: You look up the NZ CPI and the US CPI for the December 2015 quarter and find the NZ value is 1150…

A: Option C is correct answer nothing without having value for each country. This is because without…

Q: what are some measures to control the inflation?

A: The definition of inflation is the rise in prices for virtually all products and services in the…

Q: In order to study labor markets more easily, we make which of the following assumptions about firms?…

A: In the mentioned question we have been asked what will be assumption for the labor market.

Q: TOPIC 3 How does a binding price ceiling affect the quantity demanded and quantity supplied in a…

A: Answer (1) Market equilibrium is determined where demand and supply curves intersects. At this point…

Q: Suppose the market supply curve in a competitive market is given by is Q-2p-10. At a price of $15,…

A: Producer surplus is the area below the price line and above the supply curve. It measures the total…

Q: Using a linear specification, you estimate your demand curve to equal Q=10-5P+20C+2A, where • Q =…

A: * Demand : Q=10-5P+20C+2A * The elasticity of demand with respect to college-ratio (C) can be…

Q: According to the exchange rate market model, what happens to the US Dollar/Australian Dollar…

A: "Exchange rate means the price of one nation's currency with respect to the another nation's…

Q: How do appreciation and depreciation affect the prices of a country’s goods?

A: The rate at which one country's currency can be exchanged for another country's currency is known as…

Q: Write True or False and explain briefly 1- Consider a firm in a perfectly competitive market.There…

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

Q: Consider the Normal Form Game characterized in the following figure: P1\P2 X Y Z (1,1) (0,0) (-1,0)…

A: We see the best choice for player 1: If player 2 chooses X, player 1 will choose A because 0>1.…

Q: Answer the following questions using the table below.   Real Output Nominal Output GDP deflator…

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

Q: 7. Solving for dominant strategies and the Nash equilibriu Suppose Dmitri and Frances are playing a…

A: Answer

Q: Assume that there are four consumers A, B, C, and D, and the prices that each of them is willing to…

A: "In economics, consumer surplus occurs when price paid by consumers for a commodity or service is…

Q: Unique answer asap thanks

A: We know that The money demand refers to the total amount of all the money demanded in the economy.…

Q: Suppose the government decides to impose a rent control policy. The government sets a maximum price…

A: Please find the answer below.   EQUILIBRIUM: Economic equilibrium is a condition or state in which…

Q: or the question below use the following figures which illustrate the production possibilities…

A: According to microeconomics theory, an activity's opportunity cost is the value or advantage. That…

Q: TC = 4,500 + 5Q2 MC = 10Q What is the average total cost equation? a. b. C. d. ATC= 4500Q + 5 ATC=…

A:

Q: Draw an example of the Total Fixed Cost, Total Variable Cost, and Total Cost of a company whose…

A: Total Cost: The term total cost refers to the sum of all the costs that are used in the production…

Q: PART 2 Question 1 a. The following table summarizes the short-run production functions for "All…

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

Q: According to the prediction of covered interest parity, if the U.S. interest rate is 4% per year,…

A: Covered interest parity: F1 = S0 * [1 + (RUS - RUK)] Where F1 is the forward exchange rate. It is…

Q: The General Hospital is evaluating new office equipment offered by three companies. Cost Annual…

A: When an unequal life alternative is given and we have to perform increment internal rate of return…

Q: What would happen to the measured unemployment rate if individuals who had previously left the labor…

A: The unemployment rate of an economy is the percentage of the labour force that is unemployed. It is…

Q: What is characteristic in the marketing of services as compared to commodities, merchandise or…

A: Service marketing is a concept which focuses mainly on the business of non-physical intangible…

Q: The main problem with public goods is that:   a.     They lead to depletion of resources such as…

A: The term "public goods" refers to products that are both non-excludable and non-rival in nature.…

Q: Draw a production possibilities model with four points labeled ABCD one inside two on the outside…

A: Production possibilities model with four points labeled ABCD one inside two on the outside the…

Q: Just clarify "tariffs on a variety of American exports..." to identify who is imposing these…

A: Tariff is a type of trade barrier used by the government to protect its producer or influence price…

Q: Question 22 Consider the following Cournot duopoly. Both firms produce a homogenous good. The demand…

A: We have duopoly model with asymmetric information about the marginal cost of firm 2.

Q: Consider the following NFG: X A (a,b) B (1/2a, 2b) (2a, b) Y (1/2a, 2b) Assume that a > 0,b>0. Which…

A: Let us assume that player 1 chooses strategy A with probability p and strategy B with probability…

Q: During the 60s, the United States' trade deficit grew. The U.S. dollar was losing some of its status…

A: Meaning of devaluation- an official reduction in the exchange value of a currency by a lowering of…

Q: Woolworth wants to improve their sales. Your independent variables are prices, marketing methods,…

A: Sales is the finalized process of an industry. An industry gathers small firms and choose the better…

Q: High (x) 36 28 94 83 69 62 66 56 41 30 29 58 46 43 70 88 80 55 88 Low (y) 2011902280 0 22 22 74 1 55…

A: High Low 36 22 28 22 94 74 83 71 69 55 62 45 66 45 56 41 41 33 30 21 29 18…

Q: Decisions for Tomorrow Suppose a person who is developing a card game crowdfunds $20,000 and holds…

A: given reserve ratio =    10%   crowd funds   $20,000

Q: What are your opinions on the present stage of development and underlying technologies of the…

A: answer

Q: Austin's total fixed cost (TFC) is $350/month at his cupcake bakery.  Austin employs 10 workers and…

A: The amount of output produced determines the fluctuation in variable costs. Labor costs are one type…

Q: The table below shows the payoffs for two firms competing through advertisement. Firm A and Firm B…

A: * ANSWER :-    Given that ,

Q: Your self-employed friend tells you that he is able to legally use depreciation write-off on his…

A: Depreciation is a reduction in the fixed assets' book value. Depreciation is the process by which…

Q: A person in the civilian labor force falls into one of two categories O a self-employed worker or a…

A: Answer   Option b    unemployed or employed.

Q: Consider the following production function, Q = KL where Q represents output, K represents units of…

A: Production function:  Q = KL Q = output K = units of capital L = units of labour Marginal…

Q: Question 8. In the absence of externalities, allocative efficiency is achieved at the Q where TR =…

A:

Q: Which statement is true? O An increase in the tax on interest rate income increases the supply of…

A:

Q: What is a surplus unit?

A: A recession can be described as a sustained period of poor or negative growth in real GDP (output)…

Q: Discuss if the following statements are True or False. Justify your answer in each case. • The…

A: 1.The statment is: "FALSE" Because if there is a higher number of vacancy rates they must reduce…

Q: The table below shows the marginal cost for three firms to clean up units of pollution. Net Cost for…

A: Marginal Abatement Cost:- The expense of mitigating negative externalities like pollution is known…

Q: Which of the following statements is true about the difference between monopoly and monopolistic…

A: A monopoly business model is what is going on where there is a solitary vendor on the lookout. In…

Q: short-run: select the graph that best demonstrates how both of the scenarios below will impact the…

A: Demand refers to the amount of good a consumer is willing to buy /consume for given price levels ,…

Q: Could you kindly advise or provide the below: Microeconomic supply and demand model with…

A: The degree to which demand for a commodity or service fluctuates in response to price variations is…