1.A monopolist has a constant MC = 40 per unit produced, has no fixed costs and faces a demand curve of q = 200 – 2P. If the monopolist sells at a single price, which statement is true about the monopolist’s profit-maximising quantity and price? Group of answer choices

q = 120, P = 40 q = 40, P = 80 q = 60, P = 70 q = 40, P = 60 None of the other answers is correct

2

If a firm is currently producing in the elastic part of the demand curve. The firm:

Group of answer choices

A.cannot increase its total revenue further because it is already maximized

B.None of the other answers is correct.

C.can increase its total revenue by shutting down

D.can decrease its total revenue by decreasing the price

E.can decrease its total revenue by increasing the price

What does the CPSP (Centralized Private Sector Planning )thesis say about the difference between the modern industrial economy and Adam Smith's economy? (That is Smith's Laissez Faire Capitalist vision)

Suppose a central bank that has an inflation targeting mandate.

a. Explain why such a mandate might lead to monetary policy becoming a stabilizing policy regarding real GDP. [Hint: Use an AD-AS diagram.]

b. Given the long and variable lags involved in the full effects of monetary policy being felt throughout the economy, is there any danger that the inflation mandate might turn out to be destabilizing (leading to wider swings in GDP)? Explain.

Analyze the economic effects of policy changes in a healthcare organization

Fertility rates have important economic effects. Discuss two direct and two indirect effects of fertility on economic development. (1000 words)

When China, the world’s factory, is impacted, global supply chains are impacted:

Discuss the supply chain disruption challenges and how is COVID-19 affecting industries?

1000 word minimum.

1. Use the AS-AD model to derive the effects of a reduction in MT:

2. Use the AS-AD model to derive the effects of a drop in animal spirits SP:

General Guide line

1. Show the effects on P, Y , r, C, I, N, and W/P:

2. Show the effects for the short run and the long run, and indicate which response is larger, whenever possible.

3. Show all steps using diagrams and formulas. No credit will be given for incomplete arguments.

Question: Which sectors of the economy are the worst hit by Corona Pandemic and which sectors may have benefited from the Corona Pandemic? Take one or more countries as examples for your answer. Support your findings with data and analysis as much as possible. Clearly mention the country name(s).

Direction: Please answer the question in detail. Support your answer with data and references as much as possible. Do not copy and paste. Write in your own words and provide references wherever applicable. Use economic terminologies as much as possible. Write legibly in complete sentences using the correct English language. There is no page limit

Which sectors of the economy are the worst hit by Corona Pandemic and which sectors may have benefited from the Corona Pandemic? Take one or more countries as examples for your answer. Support your findings with data and analysis as much as possible. Clearly mention the country name(s). Direction: Please answer the question in detail. Support your answer with data and references as much as possible. Do not copy and paste. Write in your own words and provide references wherever applicable. Use economic terminologies as much as possible. Write legibly in complete sentences using correct English language. There is no page limit.

Opportunity Cost Exercise. Please show how you solved the questions.   

You have been working for your brother (owner of a Down Under Sandwich Shoppe). The franchise company is now offering you a chance to franchise one of their new Big Bird Stick-e-Chicken shops (which sells their honey-roasted chicken-on-a-stick). You estimate your business can gross 45% of Down Under’s $500,000 sales. Shop space is available between Down Under Sandwiches and Little Nero Salads that leases $8,400 a year plus a yearend rent bonus to the property owner of 3% of your gross sales in excess of $200,000.   You intend to invest $20,000 of your own savings (which is presently earning you 6% per annum interest). A bank will loan you $100,000 (annual interest on this loan will be $7000). NOTE: neither the bank loan principle you borrow from the bank nor the $20,000 of your own money you invest is an explicit or implicit cost. However, the interest paid on the bank loan is explicit, and the interest foregone on your savings is implicit. You estimate that hired labor will cost you $70,000 a year, utilities $5,900 a year, and ingredients for the food $100,000 a year. You will have to pay Big Bird, Inc., an annual franchise fee is $3,000 plus 2% of your gross sales for the year. Another 1% of gross sales must be paid for national advertising. You are presently an Assistant Manager at Down Under earning $12,000 a year plus a yearend bonus of 2% of gross (a job you will have to give up), but you do not think you can earn more than this working for yourself, in spite of the extra strain of owning your own business.

1. What is the estimated explicit (accounting) cost of your proposed business? Itemize in detail.
2. What is the accounting profit you project for your business?
3. What is the total implicit cost you estimate for your venture? Itemize in detail.
4. Do you project any economic profit? How much?
5. What is the annual interest rate the bank will charge you for its loan?
6. From the economic profit viewpoint, would this be a viable business to start? Explain:

Distinguish between demand-pull inflation and cost-push infla- tion. Which of the two types is most likely to be associated with a negative GDP gap? Which with a positive GDP gap, in which actual GDP exceeds potential GDP? What is core infla- tion? Why is it calculated?

Question: Describe various policy measures taken by governments and Central Banks to deal with Corona Pandemic. How effective have been these policy measures, especially monetary and fiscal policies, in reducing the severity of the crisis? Take one or more countries as examples for your study. Provide data and analysis to support your answer.

Please answer the question in detail. Support your answer with data and references as much as possible. Write in your own words and provide references wherever applicable. Use economic terminologies as much as possible. Write legibly in complete sentences using the correct English language. There is no page limit.

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Question: Which sectors of the economy are the worst hit by Corona Pandemic and which sectors may have benefited from the Corona Pandemic? Take one or more countries as examples for your answer. Support your findings with data and analysis as much as possible. Clearly mention the country name(s). Please answer the question in detail. Support your answer with data and references as much as possible. provide references wherever applicable. Use economic terminologies as much as possible.

Your consulting firm has been hired by an important European-based multinational conglomerate, ' GKY Group'. The Group has required assistance for designing its long term global strategy.

The CEO, Mr. Lundberg, is particularly interested in understanding the long term growth potential of the U.S economy. Until now his company has had an aggressive expansion strategy in the U.S. This strategy has been based on a combination of acquisitions of smaller competitions, as well as major investment in expanding the group's own U.S plants.

Write an essay on 1 topic (1500 Word)

Topic 1: Voluntary patient enrolment in primary care From July 2020, the Australian Government will commence supporting voluntary patient enrolment (VPE) for patients aged 70 years and over. VPE aims to improve both patient and population health outcomes by encouraging continuity of care in general practice ( see: https://www1.health.gov.au/internet/main/publishing.nsf/Content/primarycare for more details). In this essay, describe the changes to the payment system that will result from the introduction of VPE. How is the VPE payment model expected to support better health outcomes? Overall, do you support the Australian government’s VPE program? Why, why not?

Topic 2: Tobacco smoking

Tobacco smoking has long been established as a serious public health concern in Australia. The Australian government and health groups have used a multi-pronged strategy to reduce smoking rates over time. Discuss the economic rationale for these strategies and their likely impact on the consumption of tobacco products and subsequent health outcomes. In your answer, include the following:

1. The operation of an excise tax on tobacco product sales, using demand and supply curves to explore its impact.
2. The role of anti-smoking education campaigns to address potential market failure

Topic 3: Private health insurance reforms

In 2019, the Australian Government introduced reforms to categorise private health insurance products. See http://www.health.gov.au/internet/main/publishing.nsf/Content/private-health-insurance-reforms-fact-sheet-gold-gilver-bronze-basic-product-categories for more details.

In your essay:

• Describe the policy change.
• Explain why you think the Australian Government introduced these reforms, making reference to relevant market failures.
• Examine the impact you think the reforms will have in the market for private health insurance.