Answered with work please.

13. If a 5% decrease in the price of gas causes a 10% increase in the demand for standard sized autos, then the cross-price elasticity of demand is:

cross price elasticity of demand (CPED)

CPED=-1 * change in quantity demand of autos/-1*change in price of gas CPED=-1*10/-5*1=-2

14. If the price elasticity of demand of for gasoline is 1.3, then a 15% decrease in quantity demanded is caused by a:

price elasticity of demand (PED)

PED=-1*change in quantity demand/-1 change in price

1.3=15*-1/Dp Dp=11.54% (increase)

*15. A 10% increase in the price of 40 inch LCD televisions which have a price elasticity of demand of 1.3 will cause a:

PED=Dq/10-1 1.3=Dq/10-1 Dq=

16. A business newscast claims that the median home price of existing homes fell from $285000 to $260000. Over the same time period the quantity of these homes sold fell from 3150000 to 2950000. Using the arc elasticity formula, calculate the arc elasticity implied.

E=Q1-Q2/P1-P2 * P1+P2/Q1+Q2

Arc Elasticity (Arc Ed) =

How do you expect and analyze the impact of the pandemic on the financial markets (including the foreign exchange market) and the U.S. economy.

What is the challenges confronting or affecting the teaching of both Financial and Management Accounting Education? Let us know 5 challenges for both Financial and Management Education .

Introduction

Decision making in finance is rarely black and white and one decision can be appropriate for one situation and not appropriate for another. Point and counter-point discussions should highlight this as well as expand upon the ability to support a decision that may not be supported by others in the same department.

Initial Post Instructions

Consider the following point and counter-point arguments then use the Internet to learn more about the issue. Which argument to you support? Explain why and offer your own opinion on the issue.

• Point: Agencies that facilitate international trade prevent free trade. The Export-Import Bank of the U.S. provides many programs to help U.S. exporters conduct international trade. The government is essentially subsidizing the exports. Governments in other countries have various programs as well. Thus, some countries may have a trade advantage because their exporters are subsidized in various ways. These subsidies distort the notion of free trade.
• Counter-Point: Agencies that facilitate international trade do not prevent free trade. It is natural for any government to facilitate exporting for relatively inexperienced exporting firms. All governments provide a variety of services for their firms, including public services, and tax breaks for producing products that are ultimately exported. There is a difference between facilitating the exporting process and versus protecting an industry from foreign competition. The protection of an industry violates the notion of free trade, but facilitating the exporting process does not.
• Initial Post Length: minimum of 350 words

The management of a firm wants to introduce a new product. The product will sell for $4 a unit and can be produced by either of two scales of operation. In the first, total costs are

TC = $4,000 + $2.6Q.

In the second scale of operation, total costs are

TC = $6,520 + $2.0Q.

What is the break-even level of output for each scale of operation? Round your answers to the nearest whole number.

The first scale of operation: units The second scale of operation: units What will be the firm’s profits for each scale of operation if sales reach 4,200 units? Round your answers to the nearest dollar.

The first scale of operation: $

The second scale of operation:$

One-half of the fixed costs are noncash (depreciation). All other expenses are for cash. If sales are 2,600 units, will cash receipts cover cash expenses for each scale of operation? Enter your answers as positive values. Round your answers to the nearest dollar.

The first scale of operation generates a cash flow of $ .

The second scale of operation generates a cash flow of $ .

The anticipated levels of sales are the following:

Year Unit Sales 1 3,200 2 4,200 3 5,200 4 6,200

If management selects the scale of production with higher fixed cost, what can it expect in years 1 and 2? Round your answers to the nearest dollar.

Earnings in year 1: $

Earnings in year 2: $

If the firm selects the scale with higher fixed costs, its earnings in year 1 will be earnings in year 2. If sales reach only 4,200 a year, was the correct scale of operation chosen? Be sure to consider all the factors. should have been preferred.

.Suppose that the market demand curve facing the incumbent firm is p = 460 -0.5y.The firms total cost curve is c(y) = 100y.The incumbent firm is threatened by a potential entrant, which faces a fixed entry cost K in addition to the variable cost. The entrant’s total cost is therefore c(y) = K + 100y. Find the limit output yL

25. Draw a graph showing the short- and long-run effects of an increase in the money supply.

The world's poor countries have made as much progress in health and education in a generation as the rich world did in a century.

b. Analyze the policies a developing country could adopt in order to improve its world economic ranking.

12.

before applying the corporate tax rate, firms may deduct

a. wage payments

b. dividend payments to shareholders

c. depreciation allowances

d. a and c

13.

in canada, only realized capital gains are included in taxable income

a. true

b. false

c. uncertain

14.

consider the following statement. the best empirical evidence to date suggests the tax subsidies for certain accounts like RRSPs and the TFSAs encourages new savings. is this statement true or false, explain

16.

in the canadian PIT system, capital gains are

a. generally not associated with a "lock in effect"

b. treated exactly like the other sources of income

c. taxed differently than other sources of income

d. only realized death

dont need explanation besides number 14, thanks

Are the net gains from trade positive? (demonstrate using a two-country, two-commodity model)

Why is party discipline so important in a parliamentary political regime?

Tell whether the statement is true or false. Please answer all.

____   20.   The cost disease of services explains the problems surrounding the health care crisis.

____   21.   An increase in wages in the public sector is always accompanied by an increase in labor productivity.

____   22.   Federal tax loopholes in personal income tax provide benefits only to very high-income people.

____   23.   State and local governments receive money from sales taxes, property taxes, and the federal government.

____   24.   A tax that reduces economic efficiency is always bad policy.

1-Why Turkey has comparative advantage in some industries, in terms of Heckscher – Ohlin approach to international trade.

2-Design your own international trade policy concerning Turkish economy.

Robinson Pizza Company agreed to buy 25 pounds of mozzarella cheese from the Clemens Cheese Factory for $5 per pound. When the cheese was delivered, Robinson discovered that one 10 pound block of cheese was a bit moldy and, he believed, unusable. Clemens sent Robinson a bill for $125 and demanded payment. Robinson called up Clemens and refused to pay that much but indicated that he was willing to pay $75. Clemens said “Not enough. Give me $80 and I won’t sue.” Robinson said, “OK. I agree. I’ll pay you $80 to settle this dispute.” Robinson sent Clemens a check for $80. Clemens signed the check and deposited it in his savings account. A week later Clemens sued Robinson for what he believed was the remaining $45. (Please read both part (a) and part (b) before answering either question).
a. .Judgment for whom? Explain.

b. Would your answer to (a) be different if Clemens had written “without prejudice” on the back of the check before he deposited it? Explain.

1. According to the Phillips curve, policymakers could reduce both inflation and unemployment by
A. increasing the money supply.
B. decreasing government expenditures.
C. increasing government expenditures.
D. raising taxes.
E. None of the above is correct.

which of the following statements is (are) correct?
(x) The natural rate of unemployment is the rate of unemployment that the economy tends to move to in the long run and it is not dependent on the money supply.
(y) A vertical long-run Phillips curve is consistent with the principle of monetary neutrality and it implies that the natural rate of unemployment is independent of the inflation rate.
(z) Government policy that creates structural unemployment via minimum wage laws or a change in frictional unemployment via increased unemployment benefits can alter the natural rate of unemployment.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (y) only

According to the long-run Phillips curve as described in the textbook, in the long run, unemployment depends upon factors such as
(x) the power of unions and minimum wage laws that alter the amount of structural unemployment.
(y) the nature of the job search process and the amount and duration of unemployment benefits.
(z) fiscal policy that reduces the amount of cyclical unemployment.
A. (x), (y) and (z)
B. (x) and (y) only
C. (x) and (z) only
D. (y) and (z) only
E. (z) only