Economics

Question 3: Consider the market for Apartments for Rent in Minneapolis. For each

Question 3: Consider the market for Apartments for Rent in Minneapolis. For each of the following situations, state: Is the effect a Supply or Demand Shifter. Of the 4 possible de…

Question 3: Description of an Economy Consider an endowment economy populated by

Question 3: Description of an Economy Consider an endowment economy populated by Ben and Jerry. They live at t 0,1 and are exposed to the risk of weather change. At t = 1, the wea…

Question 3: Elasticity of Substitution The elasticity of substitution is a measu

Question 3: Elasticity of Substitution The elasticity of substitution is a measure of how the ratio of inputs changes as the marginal rate of substitution changes. Formally, the e…

Question 3: Firm Supply Curve Suppose that the short-run cost function for a fir

Question 3: Firm Supply Curve Suppose that the short-run cost function for a firm is TC (q) = 0.1q3 2q2 + 15q + 10. 1. Calculate the average cost and marginal cost. 2. From the fi…

Question 3: Gas Prices Straining Budgets With gas prices rising, many people say

Question 3: Gas Prices Straining Budgets With gas prices rising, many people say they are staying in and scaling back spending to try to keep within their budget. They are driving…

Question 3: Goldman Sachs issued 20 year (plain vanilla) zero coupon bonds in Au

Question 3: Goldman Sachs issued 20 year (plain vanilla) zero coupon bonds in August 2005 to finance an investment project. Assume that Goldman's bonds were default free at the ti…

Question 3: Inflation (10 marks) A computer engineering company is considering a

Question 3: Inflation (10 marks) A computer engineering company is considering a 10-year contract to provide network services to the city of Kingston. The upfront set-up cost to t…

Question 3: It is common to use game theory to analyze international relations.

Question 3: It is common to use game theory to analyze international relations. The following game deals with the Cuban Missile Crisis: USSR Don't Attack Attack USSR get:s USSR ge…

Question 3: Let’s think about the road on Laurel Avenue between Howell and Dewey

Question 3: Let’s think about the road on Laurel Avenue between Howell and Dewey Streets. There are no parking restrictions on this particular section of Laurel Avenue. a.)Is the …

Question 3: Suppose that a market contains 20 firms with the following market sh

Question 3: Suppose that a market contains 20 firms with the following market shares: 16 firms each has 3% market share One firm has a 7% market share . One firm has a 10% market …

Question 3: The figure below shows the market for polio vaccination in Africa Po

Question 3: The figure below shows the market for polio vaccination in Africa Polio vaccination confers an external benefit because one person's vaccination makes it less likely t…

Question 3: The figure below shows the market for polio vaccination in Africa. P

Question 3: The figure below shows the market for polio vaccination in Africa. Polio vaccination confers an external benefit because one person's vaccination makes it less likely …

Question 3: The inhabitants of an island are equally divided between two tribes:

Question 3: The inhabitants of an island are equally divided between two tribes: the Quasi-Linears (QL) and the Cobb-Douglas (CD). The sole source of nourishment on the island is …

Question 3: [40 points] A monopolist faces demand of q(p) = 440 p and has cost f

Question 3: [40 points] A monopolist faces demand of q(p) = 440 p and has cost function C(q) = 40q. (a) [5 points] What is the monopolist’s maximization problem? (b) [5 points] Wh…

Question 3: in the figure below, the firm\'s(otal eonomie prottls equal MC ATC 1

Question 3: in the figure below, the firm's(otal eonomie prottls equal MC ATC 10 MR AP ATC 10 15 20 Quantlity (units) A. 560 B. $200 C. $150 D. MR - MC XQuestion 4: Yas Waterland …

Question 3B (15 marks) Here is a report from a not very efficient survey taker;

Question 3B (15 marks) Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 peopl…

Question 3B - Part 1 Here is a report from a not very efficient survey taker; “T

Question 3B - Part 1 Here is a report from a not very efficient survey taker; “There are 65 people in the houses I visited, 10 of them children under 16 and 10 retired; 25 people …

Question 4 (1 point) A change in which of the following would not shift long-run

Question 4 (1 point) A change in which of the following would not shift long-run AS? Question 4 options: physical capital stock productivity human capital stock inflation expectat…

Question 4 (1 point) At the point of maximum net benefits, quantity produced is

Question 4 (1 point) At the point of maximum net benefits, quantity produced is ________ Question 4 options: 20 10 0 Question 5 (1 point) At the point of maximum net benefits, the…

Question 4 (1 point) B Which of the following would lead to wage-push inflation?

Question 4 (1 point) B Which of the following would lead to wage-push inflation? A) Producers are able to pass a wage increase on to the consumer in the form of higher prices B) A…

Question 4 (1 point) Question 4 Unsaved What is the difference between nominal G

Question 4 (1 point) Question 4 Unsaved What is the difference between nominal GDP and real GDP? Question 4 options: Nominal GDP represents purchasing power while real GDP is meas…

Question 4 (1 point) Two chemical producers are releasing mercury-containing eff

Question 4 (1 point) Two chemical producers are releasing mercury-containing effluent into the ground water system. Each source releases 200 units of effluent, for a total of 400 …

Question 4 (1 point) d The New Economic Policy (NEP) was: O the move to re-incor

Question 4 (1 point) d The New Economic Policy (NEP) was: O the move to re-incorporate capitalism into the economy after the fall of the Berlin Wall A) in 1989 a move towards comm…

Question 4 (20 marks): The velocity of money. The quantity theory of money asser

Question 4 (20 marks): The velocity of money. The quantity theory of money asserts that real money demand is proportional to real income: where V denotes real money demand, Y real…

Question 4 (20 points) If necessary, refer to the articles posted on Blackboard

Question 4 (20 points) If necessary, refer to the articles posted on Blackboard that were part of the International Trade History and Trade Rules vs. Trade Balance exercises. Expl…

Question 4 (20 pts): Let\'s try to predict Academy Awards (frequently known as t

Question 4 (20 pts): Let's try to predict Academy Awards (frequently known as the Oscars) Best Picture nomination winners. For a sample of 105 films nominated for the best picture…

Question 4 (25 pts) Listen to \"Episode 633: The Birth and Death of the Price Ta

Question 4 (25 pts) Listen to "Episode 633: The Birth and Death of the Price Tag" of NPR's Planet Money podcast. (Link here) Write a short response (2-4college-level sentences wil…

Question 4 (25 pts) Listen to \"Episode 633: The Birth and Death of the Price Ta

Question 4 (25 pts) Listen to "Episode 633: The Birth and Death of the Price Tag" of NPR's Planet Money podcast (Link here.) Write a short response (2-4 college-level sentences wi…

Question 4 - What is the GDP using the expenditure approach Sr MSN.com Hotmail.

Question 4 -   What is the GDP using the expenditure approach Sr MSN.com Hotmail. Outlook. Chamberlain University XWeek 5: MEL HomeworkX Do Homework - Pamela Harris X https://wwww…

Question 4 0 1 pts In a two-individual two-good economy, which of the following

Question 4 0 1 pts In a two-individual two-good economy, which of the following is FALSE? You Answered If the initial endowment is on the contract curve, the two individuals canno…

Question 4 0 out of 1 points se the fol ov ng nforrnation lo answer the ques on

Question 4 0 out of 1 points se the fol ov ng nforrnation lo answer the ques on s below 1 the rate of depreaat on s 10% per year, 2 the population growth rate is 2% per year, and …

Question 4 1 pts Cash flow 1 has an interest rate of 4.7% CASH FLOW 1 Year 0: $2

Question 4 1 pts Cash flow 1 has an interest rate of 4.7% CASH FLOW 1 Year 0: $2000 Year 1: $9000 Year 2: -$2000 Year 3: $2000 CASH FLOW 2 Year O:-$1000 Year 1: $0 Year 2: $0 Year…

Question 4 1 pts Choose the best interpretation of \"expansionary gap\" The econ

Question 4 1 pts Choose the best interpretation of "expansionary gap" The economy is operating above it's potential output. Unemployment is lower than at full employment" and rGDP…

Question 4 1 pts St Louis University (SLU) is soliciting donations to fund a $10

Question 4 1 pts St Louis University (SLU) is soliciting donations to fund a $100,000-per-year perpetual professorship. The current available interest rate on SLU's money is 4% pa…

Question 4 1 pts What economic purpose(s) do banks serve in our economy? provide

Question 4 1 pts What economic purpose(s) do banks serve in our economy? provide loans to households and firms for investment spending Provide immunity to the effects of inflation…

Question 4 1 pts You are faced with the following alternative choices on Saturda

Question 4 1 pts You are faced with the following alternative choices on Saturday afternoon. You can only do one of these activities. None of these activities will require you to …

Question 4 25 Marks a) The Head of Economics and Research Department of Industri

Question 4 25 Marks a) The Head of Economics and Research Department of Industrial Development Corporation tried to determine the marginal cost of one of the company's client. It …

Question 4 5 pts Which of the following events can shift the level of demand (de

Question 4 5 pts Which of the following events can shift the level of demand (demand is the relationship between price and quantity demanded)? Price of the good changes Supply inc…

Question 4 8 p There are three separate questions for this question. 1. If emplo

Question 4 8 p There are three separate questions for this question. 1. If employment is above the full employment, what fiscal policy should the government pursue and what action…

Question 4 : My wife and I just moved to Charleston from Atlanta. We are not the

Question 4 : My wife and I just moved to Charleston from Atlanta. We are not the only people moving to Charleston as it is (apparently) one of the Top 10 fastest growing cities in…

Question 4 A supple curve shifts when there is a change in a) Input prices b) Te

Question 4 A supple curve shifts when there is a change in a) Input prices b) Technology c) Number of sellers in the market d) All of the above Question 5 Suppose there is a short…

Question 4 Brenda, the consumer in Problem 3, now has to decide how many bagels

Question 4 Brenda, the consumer in Problem 3, now has to decide how many bagels and how much coffee to have for breakfast. She has $8 of income to spend on bagels and coffee. Use …

Question 4 Choose the answers that fit. Carnegie would argue that wealth concent

Question 4 Choose the answers that fit. Carnegie would argue that wealth concentrated in the hands of the most wealthy (the business owners, etc.) is: Bad for society because the …

Question 4 Corporate conduct codes: Select one: a. May not be able to adequately

Question 4 Corporate conduct codes: Select one: a. May not be able to adequately account for different political and social customs in other countries. b. Are regulated by the Wor…

Question 4 If a 10 cent drop in the price of a $10 pen resulted in an increase i

Question 4 If a 10 cent drop in the price of a $10 pen resulted in an increase in the quantity of pens purchased from 100 to 110, and a 10 cent drop in the price of a $1 candy bar…

Question 4 Keegan has $30 to spend on Pita Wraps and Bubble Tea. The price of a

Question 4 Keegan has $30 to spend on Pita Wraps and Bubble Tea. The price of a Pita Wrap is $6 and the price of a glass of Bubble Tea is $3. Table 1 shows his total utility from …

Question 4 Marginal Cost and Marginal Benefit a. Suppose you are given a benefit

Question 4 Marginal Cost and Marginal Benefit a. Suppose you are given a benefit equation as B(t) =-3t2 + 15t + 160 and cost equation as C(t) = t2-51 60, where t = time in hours. …

Question 4 Not yet answeredPoints out of 6 P lag question Entrepreneurs shift ca

Question 4 Not yet answeredPoints out of 6 P lag question Entrepreneurs shift capital and labor across industries in pursuit of profit. Let's look at this a little more closely Su…

Question 4 Not yet saved Marked out of 1.00 P Flag question ABC Ltd, a high-tech

Question 4 Not yet saved Marked out of 1.00 P Flag question ABC Ltd, a high-technology company, issues a $32 million IPO with an offer price of $5 per share, underwritten at $4.7 …

Question 4 Outline the main fcatures of an oligopoly industry. (2.5 marks) a. Qa

Question 4 Outline the main fcatures of an oligopoly industry. (2.5 marks) a. Qantas and Virgin are two profit maximising companics supplying air travel in the Australian domestic…