Tag: Economics – Others

The United Nations Development Programme has estimated that it would take about Blank______ per year to abolish extreme poverty around the world and the worst infectious diseases over the next 20 years.Multiple choice question.
(U.S.)$135 million
(U.S,)$1.35 billion
(U.S.)$135 billion

34 of 40
Two players in a game both have an incentive to cheat, regardless of what the other player does. Furthermore, if both players cheat in this manner, both players will be worse off. This is a:
prisoners’ dilemma.
Grim Trigger strategy.
Nash equilibrium.
tacit collusion model.

The choice of ownership form sor pooled eopity inweatments depench hewely on federal tax considerations. Which of the followine ownernvie stochunes mellers from the rapor dinabluantaen of double takation?C Corporation*trehaten 5 Cemporaikersernerad parthentionHentent ishebly compary

In the Battle of the Sexes, where one prefers opera and the other football, what is an equilibrium outcome?
Group of answer choices
Both going to opera.
Both going to football.
One of them attending opera and the other football depending on the coordination.
Neither going to either event.

How does a platform’s competitive advantage depend on the strength of its network effect?
Platform value is based on network infrastructure.
Platform value is dependent on being open or closed.
Platform value is related to network strength.
Platform value is strictly based on competition.

Question 131 pts
Assume for a competitive firm that MC = AVC at $12, MC = ATC at $20, and MC = MR at $16.
This firm will:
Shut down in the short run.
Realize a profit of $4 per unit of output.
Minimize its losses by producing in the short run.
Maximise its profit by producing in the short run.

Question 11 pts
In general, elasticity is a measure of
the extent to which a market is competitive
how firms’ profits respond to changes in market
how much buyers and sellers respond to changes in prices in the market
the extent to which advances in technology are adopted by consumers
◻ 2.

(Q3) (a)
The market demand for sketch pens is Q=240-6P and the market supply is Q=4P-60.
Calculate the deadweight loss of a tax of $4 per unit levied on consumers of sketch pens. (3M)
Compute the deadweight loss when the same tax is levied on producers of sketch pens? (3M)

Most economists use the aggregate demand and aggregate supply model primarily to analyzeproductivity and economic growth.the effects ed mascroeconomic pollicy on the prices of individual goods.short-run flactuations in the economy.the long-nin effects of international trade policies.

GM has a subsidiary in Mexico that makes certain car models. Every year the subsidiary sends a proportion of their net income back to the parent company as a dividend payment. Which subaccount should this transaction be recorded?
Goods trade
Services trade
Current transfer
Current income