464 Answered Questions for the topic microeconomics
    Microeconomics Macroeconomics
        09/16/22
what is considered a planned approach vs market approach?
            divide the donations evenly among the three sheltersoffer each shelter a virtual budget and have them bid on different itemssend all the donations to the shelter that has the leastask shelters to...
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    Microeconomics
        09/14/22
In the Keynesian-cross model, if the MPC equals 0.75, then a $3 billion decrease in taxes increases planned expenditures by ______ and increases the equilibrium level of income by ______.
            Select one:A.$3 billion; $3 billionB.$2.25 billion; $2.25 billionC.$3 billion; $9 billionD.$2.25 billion; $9 billion
        
    
    Microeconomics
        09/06/22
How is the marginal rate of technical substitution calculated in formula?
            The fundamentals of microeconomics is not as simple as it seems to be. Microeconomics is a challenging subject that calls for a wide range of abilities. I as a student encounter practical...
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07/29/22
Interest Rates US - Last FED Decision - Questions
            Dear all,The last rate hike was a 75 BPS and we saw after the news came out that the dollar weaken, Gold had a pullback and US 30 has a bearish move.Usually in long term should the Dollar not...
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    Microeconomics
        06/21/22
Suppose that the total monthly cost of manufacturing is TC = 15,000 – 50Q + 0.5Q2
            Suppose that the total monthly cost of manufacturing is TC = 15,000 – 50Q + 0.5Q2   
Determine the total marginal cost equation and the average cost equation. 
Determine the level of production...
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A firm faces demand given by the demand function 𝑃 = −4𝑄 + 220 and the firm’s total costs are modelled by 𝑇𝐶 = 4𝑄*2+ 20Q − 12 .
            A firm faces demand given by the demand function 𝑃 = −4𝑄 + 220 and the firm’s total costs are modelled by 𝑇𝐶 = 4𝑄2+ 20Q − 12 . a)What is the firm’s average cost function? b)What is the firm’s total...
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04/25/22
The demand for wheat is price-inelastic and the income elasticity is positive but less than +1.0. Use this information to answer the following questions.
            The demand for wheat is price-inelastic and the income elasticity is positive but less than +1.0. Use this information to answer the following questions.
A) Holding everything else constant, if the...
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Calculate level of utility after a per unit sales (sin) tax
            Given this information:F=foodB=beerU(F,B)=0.001F2B3Currently, the price of the food is 10, and the price of beer is 20. What would the level of utility be if the government adopted a per unit sales...
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    Microeconomics
        04/08/22
As we move down along a linear demand curve (a demand curve that is a straight line with a given negative slope) what happens to |Ed|?
            As we move down along a linear demand curve (a demand curve that is a straight line with a given negative slope) what happens to |Ed|?
a) The price elasticity of demand increases
b) The price...
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04/08/22
True or False? Why?
            State whether the following statements is TRUE OR FALSE.
The market demand schedule shows how quantity demanded will change when the price changes.
An explosion which destroys a fireworks factory...
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04/08/22
Buyer, Seller, or Both?
            For each of the following markets, say whether the person participates as a buyer, seller or both
           a.    A family eating at a restaurant
b.    A person getting a haircut
c.    A cook...
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03/26/22
Draw and label a graph that depicts a downward-sloping demand curve and an upward-sloping supply curve in the market for corn...
            (Read the article: Soybean Prices Surge as South American Outlook Deteriorates)Draw and label a graph that depicts a downward-sloping demand curve and an upward-sloping supply curve in the market...
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    Microeconomics
        03/10/22
Using the model of production and costs, explain how firms that earn negative profit (net loss) are still able to maximize their profits. Is a negative profit contrary to profit maximization
03/09/22
question about bid-ask spread, what do you think?
            Bank Z receives U$1,000 in deposits from Tom and promises to pay him U$1,100 after one year. With this money, the bank will lend U$10 to another 100 people at a rate je, such that each of these 100...
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purchasing power
            If only salary increases by 20%, purchasing Power will also increase by 20%. However, if inflation increases prices by 20%, Purchasing Power does not decrease by 10%, but by 16.6…% (given that...
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03/09/22
game theory at a high school level, tysm to whomever helps me!!
            Peter, while studying game theory, came across a game where a couple of rational agents find a machine that delivers three coins to one of them when the other deposits a coin into it. So each agent...
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    Microeconomics
        03/08/22
please help me with this
            Suppose a monopolist produces in a market with two distinct segments: market 1, which is denoted as M1 on the graph, and market 2, denoted as M2. The firm's marginal and average costs are $20.a....
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cool question about interest rates
            Rob has the opportunity to invest in two different Project Finance projects. The first project is a railroad that will pay monthly interest of $100.00 for 3 years, with a one-year grace period...
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03/06/22
percentages - price increase of products
            A merchant sells a box of goods for $100.00. If he raises all the prices of the products in the box by 20%, what happens to the total value of the box?a) Remains the sameb) Increases 20%c)...
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03/06/22
Basic math question about compounded interest
            Bank A provides a curious financial instrument: a savings account that yields a complex interest rate r = -1 + 2i per year (where i is the imaginary unit, satisfying i² = -1). John deposited U$1 in...
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02/18/22
Labor Economics
            Draw a budget constraint for someone who has a potential job that pays $12 per hour, but in order to work, they have to commute 2 hours each day. Q. Assume that the individual has $500 in...
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    Microeconomics
        02/10/22
Homework help!!!
            dale likes to consume both sweatshirts and jackets. the price of a sweatshirt is $15, while the price of a jacket is $60. if dale 's marginal benefit of another sweatshirt is $60, what must be the...
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01/30/22
The demand and supply schedules for chewing gum are:
                    Price							       Quantity demanded 								 Quantity supplied				(dollar per pack)					(millions of packs a week)							(millions of packs a week)    ...
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    Microeconomics
        12/05/21
A natural monopoly arises because [….].
            A natural monopoly arises because [….]. some firms are able to innovate some firms practice predatory pricing some goods are extremely expensive to produce some goods are extremely cheap to produce
        
    
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