35) We depart from the assumptions of classic economics as soon as we focus on the relationshipin between the amount of output and also thelevel.retail salesunemploymentprigrain GDP


Want to check out this answer and more?

Experts are waiting 24/7 to provide step-by-action remedies in as quick as 30 minutes!*

See Answer
*Response times may differ by subject and also question complexity. Average response time is 34 minutes for passist subscribers and also may be much longer for promotional supplies.

You are watching: We depart from the assumptions of classical economics when we focus on the relationship between


Q: (Figure: PPV) Look at the number PPV, which reflects the demand also and also marginal revenue for a pay-per-see...

A: A monopolist will certainly be in equilibrium once its profit is maximized or loss is lessened. For this foll...


Q: If tbelow is a brand-new machine presented that is a lot cheaper and also more reliable at harvesting corn, exactly how...

A: In the long run firm operating at the allude wbelow the average cost is reduced and also fixes the price equa...


Q: Plum sells high-end computers, tablets, and cellphones in Virginia. Plum sees its major industry a...

A: Liability dominion state that the ownership of the items can be moved with the mentioned price set...


Q: have the right to you answer component iv and also v?

A: For question number 4 and also 5,Total revenue TR = 40q – 12q2AC(q) = 1/30 q2 – 12.85 q + 20 + 400/qTo...


Q: Economic profit a.does not exist in competitive sectors. b.gives impetus for ...

A: According to the guidelines offered we are enabled to answer only one question in one session.Econ...


Q: In the RBC Model, assume you observe an initial inflation rate of 2%, and the spfinishing level is 4%. ...

A: Given,Initial inflation = 2%Initial spfinishing level = 4%Deflation means the loss in the basic ...


Q: Shawna bought an antique table for $200 last year and also is now marketing it for $250. Her rate of rerevolve...

A: Given Details -Buying price = 200Selling price = 250


Q: An increase in the supposed price level shifts the short run aggregate supply curve to the ...

A: An boost in the intended price level shifts the brief run aggregate supply curve (SRAS) to the le...


Q: CITGO, the petroleum company owned by the Venezuelan government, sells its products throughout the w...

A: The industry share of the firm and the advertisement are positively connected. If the firm is spending m...


Q: Explain/Discuss the Following Concepts/IssuesMoney, and the 4 assets that qualify as money.

A: Money is what money does. It is the tool of exchange for any kind of financial transactivity in the economy.


Q: The price of developing 5-gallon water bottles is given by C(q) = 0.005q2 + 2q + 1000. If 2000 5-gallo...

A: i.)Marginal cost can be calculated as follows:When q = 2,000, then the marginal cost have the right to be calcu...


Q: The bilateral agreement has actually allowed China and also South Korea a boost in trade and also a rise in tr...

A: Due to the fact that you posted multiple concerns, we will provide the answer for initially questions.


Q: Assume the adhering to equations define the problems for a monopoly: Qd = 2,000 - 100PTC = 3,50...

A: Hi! Thank you for the question yet as per the guidelines, we just answer the initially three sub-parts o...


Q: deserve to you answer this please

A: Tax revenue is positively related with the GDP. When the GDP is boosts, then the taxation revenue incr...


Q: 1. you are earning 7% every year and also contributing the max allowable each year: if you desire to have at ...

A: Maximum allowable amount for IRA = 6000 (as per 2020, for below 50)Amount = 1000000Rate of intere...


Q: The full employment level of genuine GDP is $6 billion for the recently created island also country of Turtleo...

A: In lengthy the vertical line of supply curve indicates that the supply is insensitive to prices. Aggregate ...


Q: Assume a closed economic climate in which, there is no government. If autonomous intake is80, autonomous...

A: If the economy is closed and also tright here is no government then the equilibrium output or income is equal t...


Q: Discuss the short-run tradeoff between inflation and also joblessness.

A: In short-run inflation and also unemployment are negatively connected while in the long run, these are unre...


Q: If the FOMC purchases federal government bonds priced at $5,000 from a bond dealer who banks at National Ban...

A: If the FOMC purchases federal government bonds priced at $5,000 from a bond dealer that financial institutions at National Ban...


Q: 1. The price of developing 5 gallon water bottles is offered by C(q) = 0.005q2 + 2q + 1000. If 2000 5 g...

A: Click to see the answer


Q: Reid has the following utility function.U = 24m1/3d1/2 wright here U is Reid's full utility, m is the q...

A: (a) U = 24m 1/3 d 1/2 – α (m+0.6 d -25)MU m = 1/3*24m-2/3 d 1/2 – α*1MU d= ½ *24 m 1/3 d-1/2 - α*0...


Q: 1. How did U.S. government responded to global health and wellness pandemic? What sort of measures have they taken? ...

A: Hey, Thank you for the question. As per our honor, code we can answer just first 3 sub-parts of ...


Q: Dean likes to practice guitar in his apartment, functioning mainly on mastering old Velvet Undergroun...

A: The externality is the extra price or advantage which is incurred by the perboy who is not involve...


Q: It is common for superindustries to bring both generic (store-label) and brand-name (producer-label) va...

A: Marginal price of substitution (MRS) deserve to be calculated as complies with.The MRS is 0.5. Consumer is give ...


Q: Can you answer c and also d?

A: Thank you for submitting the question on muzic-ivan.info platcreate yet you have submitted multiple questions...


Q: Predict how each of the complying with financial alters will affect the equilibrium price and also quantity in...

A: “Hey, because there are multiple subparts concerns posted, we will certainly answer the initially 3 subcomponents of...


Q: Interest RateTransactions Demand also for MoneyAsset Demand for MoneyMoney Supply2%$220$300$460...

A: Generally money supply and interemainder price are negatively regarded each various other (all else being equal)...


Q: Answer the adhering to concerns making use of any type of devices at your disposal. More credit will certainly be provided for answ...

A: The budgain deficit have the right to be decreased by enhancing the taxation which increases the government revenue and/o...


Q: The cost of developing 5-gallon water bottles is given byC(q) = 0.005q2 + 2q + 1000. If 2000 5-gallo...

A: It is offered that - C(q) = 0.005q2 + 2q + 1000and it is given that q = 2000 units. 


Q: a. What are the initial worths for DD, L, and M? DD= $20,000 L= $18,000 M= $5,000 b. What woul...

A: The excess reserve does not affect the value of DD.The value of excess reserve have the right to be calculated as...


Q: Suppose tbelow are 2 occupations: registered nurses and also medical professionals. Draw hypothetical supply and also demand also graphs fo...

A: Assume that womales are unqualified to be physicians so all womales uncover occupational as registered nurses. Therefore, the demand also f...


Q: Potential GDP is at 500 trillion, actual GDP is at 375 Trillion. If spending multiplier is 2.857 how...

A: Given,Potential GDP = $500 trillion,Actual GDP = $375 trillionSpfinishing multiplier = 2.857Spendin...


Q: 18.If a firm rises all of its inputs by 10percent and also its output increases by 10 percent,then...

A: The regulation of returns to scale is a lengthy run idea wright here all the determinants are variable. For simplicity...


Q: Explain/DiscussThree means that a diminished rate of interemainder influences actual capital investment.

A: Real funding investment is the amount of money which is given to a company to achieve it business goals...


Q: What is a multiplier? How does the multiplier impact occur? Please carry out examples of at least thre...

A: Multiplier refers to an economic factor that reasons a rise or change in various other related variables...


Q: QUESTION 36In order to reprimary competitive, insurance companies must successfully address: ...

A: Adverse selection refers to th case where one party understand even more indevelopment than the other party ...


Q: A garments manufacturer makes trousers, skirts and also blouses. Each trouser requires 20 minutes of cutt...

A: The adhering to information is given:Let P, Q, and R is the numbers of trocustomers, skirts, and also bloprovides...


Q: exactly how could we emphasis on bank administration and also culture?

A: By 'governance', It mean generally the oversight that comes from banks' very own shareholders and other sta...


Q: Use the adhering to information for concerns 3-6. The columns suggest the number of trains running....

A: The joint railroad farmer excess have the right to be calculated by subtracting the farmer loss with the railroad...


Q: Suppose that the satifactivity got from a number of rides handled a roller coaster is provided by t...

A: It is given that:Satisfactivity obtained from a number of rides taken on a roller coaster is: S(x) = ...


Q: True or False and also explain: Households always react to tax changes in a predictable manner.

A: Tax is a compulsory charge/payment that is imposed on the tax payer by a federal government organisation so ...


Q: Joyce owns a gas terminal and monopolizes gas sales alengthy a remote stretch of road. In February, Joyc...

A: We are authorized to answer one question at a time since you have not pointed out which question you a...


Q: Balance of payment (BOP) data is essential for the complying with factors EXCEPT Concern 20 options:...

A: Balance of payment (BOP) is a document of all economic transactivity in between the residents and internati...


Q: Suppose the industry demand also for Omani Halwa is offered byQd = 400 – 20 P and also the sector supply for Oma...

A: Hi, many thanks for the question. As per the guidelines, we are permitted to attempt just the initially 3 s...


Q: If the federal government imposes a taxation of 8% on luxury cars that the customer must pay, why does the conamount...

A: The taxation is shared by the customer and producer based on the elasticity of the demand and also supply. If ...


Q: What happens in the sector for an excellent that pollutes the air once it is manufactured if government de...

A: A negative externality / outside cost is a kind of spillover which imposes a cost on the third component...


Q: Management believes it can offer a brand-new product for $8.50. The addressed costs of production are ...

A: As per the guidelines, we only answer one question at a time. So, I am answering the initially one. Plea...


Q: Nancy and also Bill are auto mechanics. Nancy takes 4 hours to rearea a clutch and 6 hrs to relocation a ...

See more: Watch Game Of Thrones Season 3 Episode 9 Full Episode Free, Watch Game Of Thrones Season 3 Episode 9 Online

A: It is given that Nancy and Bill are auto mechanics. Nancy takes 4 hours to relocation a clutch and also 6 ho...