Which of the following groups is most likely to be considered as a subsidy side in two-sided platforms?
From the second table, which permit scenario has the highest…
From the second table, which permit scenario has the highest profit for the firm?
When a consumer’s search cost for lower prices of a product…
When a consumer’s search cost for lower prices of a product increases, ….
When a consumer’s search cost for lower prices of a product…
When a consumer’s search cost for lower prices of a product increases, ….
Which of the following could be a good target for NGO?
Which of the following could be a good target for NGO?
Suppose the United States had a short-term shortage of farme…
Suppose the United States had a short-term shortage of farmers. Which market mechanisms would adjust to remove the shortage?
If consumers often purchase croissants to eat while they dri…
If consumers often purchase croissants to eat while they drink their cappuccinos at local coffee shops, what would happen to the equilibrium price and quantity of cappuccinos if the price of croissants falls?
Which of the following statements are positive and which are…
Which of the following statements are positive and which are normative? The minimum wage creates unemployment among young and unskilled workers. The minimum wage ought to be abolished. If the price of a product in a market decreases, then, other things equal, quantity demanded will increase. A little bit of inflation is worse for society than a little bit of unemployment. There is a tradeoff between inflation and unemployment in the short run. If consumer income increases, then, other things equal, the demand for automobiles will increase. The U.S. income distribution is not fair. U.S. workers deserve more liberal unemployment benefits. If interest rates increase, then investment will decrease. If welfare benefits were reduced, then the country would be better off.
Table 3-4 Assume that Kenya and Peru can switch between pro…
Table 3-4 Assume that Kenya and Peru can switch between producing toothbrushes and producing hairbrushes at a constant rate. Machine Minutes Needed to Make 1 Toothbrush Hairbrush Kenya 3 10 Peru 5 6 Refer to Table 3-4. Which of the following represents Kenya’s and Peru’s production possibilities frontiers when each country has 60 minutes of machine time available?
Table 3-4 Assume that Kenya and Peru can switch between pro…
Table 3-4 Assume that Kenya and Peru can switch between producing toothbrushes and producing hairbrushes at a constant rate. Machine Minutes Needed to Make 1 Toothbrush Hairbrush Kenya 3 10 Peru 5 6 Refer to Table 3-4. Assume that Kenya and Peru each has 240 machine minutes available. If each country divides its time equally between the production of toothbrushes and hairbrushes, then total production is