Tag: Economics – Others

nique Creations holds a monopoly position in the production and sale of magnometers. The cost function facing Unique is estimated to be TC = $100,000 + 20Q
What is the marginal cost (MC) for Unique?

Question 2
If the aggregate expenditure function, AE = 30 + 0.7 Y, thus,
A.
Both answers are correct.
B.
The slope of the AE function = 0.7.
C.
The marginal propensity to spend equals 0.7.

Which of the following statements are considered a requirement to compete globally?An economy open to foreign trade and developmentA strong railroad systemA socialistic societyAll of the above.

Which of the followhng forms of discrimination are often experienced by thepoor? Check all that apply.Healthcare DisparitiesHousing DiscriminationEducational InequitiesEmployment Discrimination
Choose all that apply
Healthcare Disparities
Housing Discrimination
Educational Inequities
Employment Discrimination

Which entity directly (not indirectly) pays for FDIC deposit insurance?The bankThe owners of the bank depositsThe FDICThe U.S. Federal GovernmentThe bank’s local Federal Reserve District Bank

Please read the Economist article attached and answer the questions below by applying the five forces analysis. Please use specific examples and numbers from the article to answer the questions

A firm has a constant marginal social cost of producing that equals three dollars Q what is the socially efficient level of production for a firm facing inverse demand of P equals 600 minus 3Q

Average labor productivity is defined asnominal GDP divided by employment.real GDP divided by employment.per-capital real GDP divided by employment.per-capita nominal GDP divided by employment.

a. A website offers a buy-one-get-one-free special for digital music albums.
quantity demanded increases
quantity demanded decreases
quantity demanded remains unchanged

a market produces less of a good than the quantity determined by the point where marginal cost (WC) = marginal benefit (MB), the market will deadweight loss from blankwhere MB is blankthan MC