Ask Question, Ask an Expert


Ask Microeconomics Expert

When businesses in the Macro Islands increased investment by $20 million to attract tourists, aggregate demand increased by $50 million. What is the MPC in the Macro Islands? describe how you arrived at your answer.

Microeconomics, Economics

  • Category:- Microeconomics
  • Reference No.:- M946410

Have any Question? 

Related Questions in Microeconomics

Question 1complete these 2 questions questions 1 and 2 and

Question 1: Complete these 2 questions (questions 1 and 2) and then submit answers to questions about problem set one on Blackboard. 1) Go to the Problem set button. 2) Then open the problem set submission form folder. 3 ...

Economics problem set-question 1 sometimes goods are

Economics Problem Set- QUESTION 1: Sometimes goods are rationed, so people cannot buy as much as they want at the announced price. A good example is Super bowl tickets, which are sold at below market price. Suppose that ...

Discussion 1long-term investment and cost-benefit analysis

Discussion 1 "Long-Term Investment and Cost-Benefit Analysis" Please respond to the following: · From the scenario for Katrina's Candies, suggest one method in which Herb could use a cost-benefit analysis to argue for or ...

What is the difference between a cost and an expense when

What is the difference between a cost and an expense? When does a cost become an expense? Do all costs become expenses? Explain.

Assignmentlearning activity 1 - theme 1a discuss the

Assignment Learning Activity 1 - Theme 1 a.) Discuss the classifications of organizational theory and their precepts and what can we learn from its history? b.) For businesses to succeed they must maintain a competitive ...

Research proposal economicsa proposal of your research in

Research Proposal Economics A proposal of your research in the form of a 2-page double-spaced typed paper (not including the cover page; use font number 12). Indicate your research topic, describe your research interest ...

Suppose the consumerworker values two things a consumption

Suppose the consumer/worker values two things: a consumption good C and leisure L. Suppose that there are 24 hours in a day and the consumer/worker has a utility function U (C, L) = C^0.5 + L ^0.5 The price of consumptio ...

Q1 garys labor supply is given by h -10 071428w where h

Q1. Gary's labor supply is given by H = -10 + 0.71428.w, where H is the hours worked per week and w is the hourly wage rate. Mary and Terry's labor supply functions are represented by H= -2 + 0.25.w and H= -38+1.7272.w, ...

Question 1 a monopolist has fixed costs fc equal to 250 and

Question 1: A monopolist has fixed costs (FC) equal to $250, and its total costs (TC) are given in Table. The (inverse) demand curve it faces in the market is described by this equation: P = 600 - (11.62)Q. (a) Derive th ...

Topic 1 costs and economies of scaleyou have learned a good

Topic 1: Costs and Economies of Scale You have learned a good deal about production costs and profit in this unit. You have also learned that accountants and economists calculate profit differently. Moreover, many suppli ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

A cola-dispensing machine is set to dispense 9 ounces of

A cola-dispensing machine is set to dispense 9 ounces of cola per cup, with a standard deviation of 1.0 ounce. The manuf

What is marketingbullwhat is marketing think back to your

What is Marketing? • "What is marketing"? Think back to your impressions before you started this class versus how you

Question -your client david smith runs a small it

QUESTION - Your client, David Smith runs a small IT consulting business specialising in computer software and techno

Inspection of a random sample of 22 aircraft showed that 15

Inspection of a random sample of 22 aircraft showed that 15 needed repairs to fix a wiring problem that might compromise

Effective hrmquestionhow can an effective hrm system help

Effective HRM Question How can an effective HRM system help facilitate the achievement of an organization's strate