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What is the effect on product x if the price of product y decrease ?

What is breakeven analysis, and its advantages and disadvantages?

why financial management is important in financial institutions?

what is money

True or False: Because a monopolist is able to charge a higher price than a perfectly competitive firm, his marginal revenue is higher than what a perfectly competitive firm’s would be.

if income falls then in new consumer equlibrium

 a )marginal utilty from normal good decrease 

b)marginal utilty from inferior good decrease 

c)total utilty from noral good increase

d )the marginal utility from  noral good increase

According to the Solow Growth Model, the marginal product of capital is

a) zero and decreases as the quantity of capital increases.

b) zero and increases as the quantity of capital increases.

c) negative and increases as the quantity of capital increases.

d) negative and decreases as the quantity of capital increases.

e) positive and increases as the quantity of capital increases.

f) positive and decreases as the quantity of capital increases.

"The economy added 320,000 jobs in August and the unemployment rate rose from 5.9% in July to 6.2% in August"

Give two reasons why the unemployment rate could rise even though the economy added jobs during the period.

A natural monopoly exists due to

Because real investment by foreigners expands a country's capital stock and hence presumably its output and income, why should any country consider restricting foreign investment?

What happens to an organization when it does not "adapt and learn''?

Please explain this statement in detail.

''Bureaucracy undermines new thinking, discourages disagreeing, misallocates power, it is an enemy of resilience, the government will stall if it does not adapt and learn.''

A multi-concept restaurant incorporates two or more restaurants, typically chains, under one roof. Sharing facilities reduce costs of both real estate and labor. The multi-concept restaurants typically offer a limited menu, compared with full-sized, stand-alone restaurants. For example, KMAC operates a combination Kentucky Fried Chicken (KFC)/Taco Bell restaurant. The food preparation areas are separate, but orders are taken at shared point-of-sale (POS) stations. If Taco Bell and KFC share facilities, they reduce fixed costs by 30%; however, sales in joint facilities are 20% lower than sales in two separate facilities. What do these numbers imply for the decision of when to open a shared facility versus two separate facilities?

A monopolistic resource market is one in which

School with its foundation built around An Inquiry into the Nature and Causes of the Wealth of Nations.

Using the AD-AS model, if consumers and businesses become more optimistic about the future direction of the economy and increase spending, then:

a. long-run aggregate supply will decrease.
b. aggregate demand will decrease.
c. aggregate demand will increase.
d. long-run aggregate supply will increase.

What do you think might happen to donations to charitable organizations if there was a flat tax? If possible, support your answer with examples.

What happens with supply and demand when the:

a) equilibrium price increases and equilibrium quantity decreases?

b) equilibrium price decreases and equilibrium quantity decreases?

c) equilibrium price decreases and equilibrium quanity increases?

Latin American economies in the nineteenth century grew mainly as the result of:

Downloads of digital entertainment goods, e.g., movies, songs, books, have marginal costs that are essentially zero. If so, what elasticity are the sellers adjusting prices to achieve?

The demand for cosmetic surgery is more elastic than the demand for Botox treatments. True or false?

If we add successive laborers to work a given amount of land on a wheat farm, eventually

a. the increases in wheat harvested will rise at a constant rate.

b. the increases in wheat harvested will get larger and larger.

c. the increase in wheat harvested will get smaller and smaller.

d. the average total cost will fall to zero.

For the use of their capital in production, owners receive

a. wages

b. rent

c. interest

d. profit

Explain the diversity risk for a policyholder.

Bilbo Baggins has 20 Shire dollars and is going to the Shire supermarket. He plans to buy cat food and Hobbit food. Cat food costs 4 Shire dollars a case, and Hobbit food costs 5 Shire dollars a case. Draw his consumption opportunity set. What is the cat food cost of a case of Hobbit food?

Which of the following involves the disclosure of unethical or illegal activities to someone who is in a position to take action to prevent or punish the wrongdoing?

Nancy is searching for a job that suits her tastes about where to live and the people she works with. Laura is looking for a job that makes the best use of her skills. Which of the following best describes the nature of Nancy and Laura's unemployment?

Suppose Sam has the opportunity for a treatment that will extend his life by one year with a probability of 0.9 and by two years with a probability of 0.5, and three years with a probability of 0.3. Sam will die with certainty after three years. QALY weight q1 is 0.9 in year 1, q2 is 0.6 in year 2, and q3 is 0.2 in year 3. The discount rate is 0.05 per year. The total number of discounted QALYs from this treatment is?

The economic approach to air pollution is to:

a. use command and control.

b. internalize the external cost with a pollution tax.

c. use marketable pollution permits.

d. create a subsidy for cars.

A demand curve

If an increase in the price of Good C causes an increase in the demand for Good D, Goods C and D must be:

In the short-run, what happens to the level of output when the government increases its spending?

A) Aggregate demand shifts outward, decreasing the equilibrium level of output.

B) Aggregate demand shifts inward, decreasing the equilibrium level of output.

C) Aggregate demand shifts outward, increasing the equilibrium level of output.

D) Aggregate demand shifts inward, increasing the equilibrium level of output.

The marginal product curve of input Y shows:

a. how the quantity of output produced changes for each amount of input Y, whether or not all other inputs are held constant.

b. how the quantity of output produced changes for each amount of input Y, holding all other inputs constant.

c. how the average quantity of output produced varies with input Y, whether or not all other inputs are held constant.

d. how the average quantity of output produced varies with input Y, holding all other inputs constant.

7 - Suppose the banking system has $1000 million worth of checkable deposits.The reserve requirement is 10%.

A - What ultimately happens to the money supply if the fed cuts the reserve requirement to 8%?

B - What ultimately happens to the money supply if the Fed increases the reserve requirement to 15%?

How do you allocate them? Do you:

(A) give them to specific groups, such as high-risk populations, or

(B) sell them to the highest bidder and rebate the revenue lump-sum to everyone?

If you choose (A), do you allow those individuals allocated the vaccine to sell their dose to someone else?

Remember - your goal is to maximize total utility.

Why is advertising so prevalent in markets characterized by monopolistic competition?

A. Because firms in this market sell differentiated products.
B. Because each firm sells a unique, one-of-a-kind product.
C. Because monopolistic competitive firms face perfectly elastic demand curves for their products.
D. Because only monopolistic competitive firms have enough profits to engage in advertising.

In a kinked demand market, whenever one firm decides to lower its price,

A firm can borrow at an interest rate of 5%. Its marginal tax rate is 40%. What is its cost of debt?

1) 9%

2) 5%

3) 3%

4) 1%

Suppose you were told that you would earn $60,000 a year in 2008. Explain why this information would tell you little about the standard of living you might enjoy. What other information would you need to have before you could evaluate how well you might live in 2008?

Why is competitive advantage desirable?

What does having it allow a company to do?

Given the following equation, p= 40 - 2Qd, for the demand curve of a product, calculate the consumer surplus when the price is $30.