User Account

All Pages

Can you name any industries where the government sets price

Assignment Help Macroeconomics
Reference no: EM13329240

If the government steps in to regulate a market, setting a price floor above the free market equilibrium price, will demand increase or decrease compared to the free marker equilibrium? Can you name any industries where the government sets price floors in order to support producers?

Reference no: EM13329240

Questions Cloud

The only variable input a janitorial service firm uses to : The only variable input a janitorial service firm uses to clean offices is workers who are paid a wage, w, of $8 per hour. Each worker can clean four offices in an hour. Determine the variable cost, average variable cost, and the marginal cost of cle..
What is the firm marginal cost at 500 tacos : Taco Bell gives free tacos from 2 - 5pm. Suppose they make 500 tacos per hour and total costs are $1000. Assume the firm is operating at minimum costs.
What is the ph at the points in the titration : Calculate the pH at the points in the titration of 40.00 mL of 0.425 M NH3 for the reaction below. NH3(aq) + HNO3 ? NH4+(aq) + NO3?(aq) For NH3, Kb = 1.8x10-5. Enter your answer with 2 decimal places.
Arise in u.s. inflation causes many u.s. residents to buy : Arise in U.S. inflation causes many U.S. residents to buy gold, which is a major South African export good, as a hedge against inflation.
Can you name any industries where the government sets price : If the government steps in to regulate a market, setting a price floor above the free market equilibrium price, will demand increase or decrease compared to the free marker equilibrium? Can you name any industries where the government sets price floo..
Determine what is the present value of all future payments : Kelly Greene has a contract in which she will receive the following payments for the next five years: $4,000, $5,000, $6,000, $7,000 and $8,000. She will then receive an annuity of $10,000 a year from the end of the 6th through the end of the 15th..
What is ha is a weak monoprotic acid : If 67.0 mL of 0.119 mol/L NaOH(aq) and 35.0 mL of 0.193 mol/L HA(aq) are mixed, then what is [HA] at equilibrium? Assume that HA is a weak monoprotic acid with pKa=6.23 at 25oC
Trial balance of watteau : Cash received from a customer on account was debited for $570, and Accounts Receivable was credited for the same amount. The actual collection was for $750 and the purchase of a computer printer on account for $500 was recorded as a debit to Suppl..
Determine the present value of an annuity due per year : Determine the present value of an annuity due of $1,000 per year at 10 years discounted back to the present at an annual rate of 10 percent. What would be the present value of this annuity due

Reviews

Write a Review

Macroeconomics Questions & Answers

  Discuss the changing economic variables in china

Discuss the changing economic variables in China that influenced McDonald's expansion strategies.

  Explanation of advertising elasticity of demand

"Most of the firms spend considerable amounts of money on advertisement". Explain advertising elasticity of demand and its practical applications in this context.

  Illustrate what does the fundamental assumption of marginal

Illustrate what does the fundamental assumption of marginal utility theory suggest about the connection between money and happiness.

  How will looming fears of a recession impact the quantity

If Starbucks's marketing department estimates the income elasticity of demand for its coffee to be 1.75, how will looming fears of a recession (expected to decrease consumers' incomes by 4 percent over the next year) impact the quantity of coffee ..

  Computing additional funds needed

Sales for year just ended were $500, and fixed assets were used at 80% of capacity. Current assets and accounts payable vary directly with sales.

  Details of investing in market based portfolio

Based on current dividend yields and expected capital gains, expected rates of return on portfolios A and B are 11 percent and 14%, respectively. The beta of A is 0.8, while that of B is 1.5.

  Calculating maximum profit

Campbell's sells used trailers, U, and new trailers, N. Its profits are given through Õ = 100N + 68U - 5N2 - 5U2 - 2NU. Determine Campbell's maximum profit is

  Is the game an example of the prisoners dilemma

Nintendo and Sony Playstation are each planning to introduce one new game into the market. Each is considering three different kinds of games: an urban action game like Grand Theft Auto, an adventure game like Tomb Raiders, or a strategy game like..

  Elucidate need for full disclosure in financial reporting

Elucidate the need for full disclosure in financial reporting. Identify possible consequences of failing to properly disclose certain items in financial statements.

  Compute the production cost and opportunity cost

What is the cost of producing  additional car when 50 cars are being produced? What is the cost of producing additional care when 150 cars are being produced?

  What is the dominant strategy

Mitchell Electronics produces a home video game that has become very popular with children. If the threat is not credible, what changes in the game would be necessary to make the threat credible.

  What is the equilibrium price and quantity in market

Construct a graph showing supply and demand in the electronic dog feeder market and how are the laws of supply and demand illustrated in this graph? Explain your answers.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd