Questions
A student applied for NLSPS to pay for his tuition in year 2, year 3 and...

A student applied for NLSPS to pay for his tuition in year 2, year 3 and year 4 of his undergraduate study. The tuition fee is $74,000 per year. Assuming the annual interest rate and the study interest rate are both 1.1132%, calculate the monthly installment amount to pay off the dent in 120 months after graduation.

Need formula and answer only. Thanks.

In: Economics

I. Suppose the inverse demand function for a monopolist’s product is given by ? = 150...

I. Suppose the inverse demand function for a monopolist’s product is given by ? = 150 − 2? and the total cost function is given by ?? = 100 + 30?

1. Determine the profit-maximizing price and quantity

2. Determine the maximum profits

II. Suppose the inverse demand function for a monopolistically competitive firm’s product is given by

? = 100 − 2?
and the cost function is given by ?? = 52 + 4?

1. Determine the profit-maximizing price and quantity

2. Determine the maximum profits.

In: Economics

Suppose the government is trying to decide whether to tax pollution units or distribute pollution permits....

Suppose the government is trying to decide whether to tax pollution units or distribute pollution permits. Graph each scenario. Which do you think would be more effective in reducing pollution?

In: Economics

Saudi Arabia has always been a popular country with Americans; current approval ratings are near 90%....

  1. Saudi Arabia has always been a popular country with Americans; current approval ratings are near 90%.
  1. True
  2. False

In: Economics

Please Use your keyboard (Don't use handwriting) Econ I need new and unique answers, please. (Use...

Please Use your keyboard (Don't use handwriting)

Econ

I need new and unique answers, please. (Use your own words, don't copy and paste)

Q: how supply, demand, and prices affect the auto industry. includes: supply and demand, public spending and the outcome.

In: Economics

How does the minimum wage affect efficiency and equity in the labor market?

How does the minimum wage affect efficiency and equity in the labor market?

In: Economics

My opinion about topic, group and presentation My opinion about topic : This subject very interesting...

My opinion about topic, group and presentation

My opinion about topic :

This subject very interesting and useful for me. I have been wanting to study this field for a long time but due to I was busy at university and so on, I could not. When I saw this subject on the table, I was surprised and chose to read and make report for it. Such studies, which paly an important role in my life, are very important for me. in addition to studying, also occasionally work in business like buying and selling flowers online. So this study help me to understand my work as much as possible.

My opinion about group :

I think I had a very good group( Ahsan, Abdelhamid and me). As the members of group followed all the necessary rules, there was no annoyance. The most important rule is respect to each other is that we all followed. The team did things on time and we all helped each other to give a very good presentation. My opinion about presentation : The only problem we had was how we going to present online. Since this was the fist time so strange to us. Since the teacher activated all necessary voting options for us on the blackboard, all our worries were resolved and we tried our best to present the presentation.

Requirement : Correct this text

In: Economics

The lamp industry is perfectly competitive. The price of a lamp is $50. A representative firm’s...

The lamp industry is perfectly competitive. The price of a lamp is $50. A representative firm’s cost function is TC=1000+20Q+5Q2.


h. What output for the representative firm will minimize ATC? (hint: use solver or find by solving MC=ATC, or if you are calculus whiz find ATC’=0)
i. Is the lamp industry in equilibrium? Why or why not?
j. Suppose total industry demand at P=$50 is 3000. How many firms are operating in the industry?
k. What would you expect to happen to future firm population in the lamp industry?
l. What would you expect to happen to future price in the lamp industry?
m. What industry price will result in LR industry equilibrium?

In: Economics

Predict the impact of each scenario described below on the labor market. Assume the labor market...

Predict the impact of each scenario described below on the labor market. Assume the labor market is originally in equilibrium, and then each scenario happens independently. (In other words, only a) happens; then only b) happens. Do not put them all on one graph or accumulate their effects.) Draw the labor market graph originally in equilibrium. Either denote movement(s) along or shift(s) in appropriate curves. Note whether employment and wages will increase or decrease.

c.   The firm is a monopsony. The state passes a competency test on potential employees.

In: Economics

1.Which of these statements describes an economy’s stock of human capital? A.Number of hours worked per...

1.Which of these statements describes an economy’s stock of human capital?

A.Number of hours worked per year.

B.Number of engineering degrees held by workers

C.Value of the production per type of worker.

2.Which factors would increase the aggregate production function?

A.Aging airport facilities that cause flight delays.

B.Restrictions on immigration.

C.A robot that fills up prescriptions faster and more accurately than pharmacists.

3.Which of the following would NOT directly result in capital deepening?

A.Increase in quality of physical capital.

B.Increase in quantity of physical capital.

C.Increase in amount of labor available to businesses start ups.

In: Economics

Assume that the economy is initially at the natural level of output. A permanent increase in...

Assume that the economy is initially at the natural level of output. A permanent increase in taxes will cause which of the following?

Question 7 options:

a decrease in the aggregate price level, and no change in output in the medium run

a reduction in unemployment in the short run

a reduction in output and no change in the aggregate price level in the short run

no change in investment in the medium run

more than one of the above

Which of the following events will cause a reduction in the aggregate price level?

Question 4 options:

an increase in T

an increase in the markup

an increase in output

an increase in G

an increase in the variable z

In: Economics

1) In the past 3 weeks there have been considerable fiscal and monetary policy initiatives. Give...

1) In the past 3 weeks there have been considerable fiscal and monetary policy initiatives. Give an example of one of each of these. Indicate what was done, why it should have an effect on the economy, and some possible problems that may lead to is not having as great an effect as ‘anticipated’.

2) We are seeing massive unemployment numbers in recent weeks. Provide your thoughts on what type of unemployment we’re seeing, and whether you feel the ‘bads’ associated with unemployment will be felt sooner or later based on other factors you’ve seen/heard/ and learned about. Be sure to include those factors and the effects you think they will have on the unemployed in terms of making it better or worse. (again, you’re going to be graded on how well you support your thoughts using theories and information learned in class, not necessarily on whether you are ‘actually correct’)

In: Economics

Suppose the United States could import footwear from Thailand at the price of $20 per pair...

Suppose the United States could import footwear from Thailand at the price of $20 per pair or from Mexico at $24 per pair. The domestic price of footwear in the United States is $35. Suppose prior to NAFTA, the U.S. imposed a 50% tariff on all footwear entering the country. Suppose the US demand for footwear is given by Q = 100 – 2P. Assume US producers face a constant MC = $35. What is the welfare effect of joining the NAFTA for the US if doing so requires eliminating the tariff on Mexican made footwear?

In: Economics

What is the welfare effect in terms of areas on the supply and demand graph; that...

What is the welfare effect in terms of areas on the supply and demand graph; that show consumer surplus, government revenue AND loss to producers Graphically, what is the welfare effect for the U.S.?

In: Economics

16.) What is the long-run effect on potential output (Yf) of a temporary favorable supply shock...

16.) What is the long-run effect on potential output (Yf) of a temporary favorable supply shock (A↑)? Up, Down, or Same?

What is the long-run effect on the Price level (P) of a temporary favorable supply shock (A↑)? Up, Down, or Same?

The marginal propensity to consumer is the fraction of one’s overall income spent on consumption. True or False?

An exogenous (or autonomous) increase in some type of spending (e.g., a rise in government purchases) will, in the short-run, cause a larger rise in GDP due to the multiplier effect (e.g., rounds of “respending” that result from the original increase). True or False?

In: Economics