Answer:
A) 20 billion
Explanation:
Y = AD
= C + I + G
C = A + cY
A - Autonomous Consumption
c - MPC
Y = A + cY + I + G
Y - cY = A + I + G
Y(1 - c) = A + I + G
Y = (A + I + G)*1/(1 - c)
Taking derivative with respect to goverement purchase
dY/dG = 1/(1 - c)
( here d is represting del we are representing partial derivative.)
1/(1 - c) = Multiplier
dY = Multiplier*dG
= 5*15
= 75
75 = horizontal distance between AD1 & AD2
55 = horizontal distance between AD1 & AD3
Extent of crowding out = 75 - 55 = 20
Therefore, the Extent of crowding out is 20 billion.
Answer:
True.
Explanation:
In today's world it is a mistake to relate environmental and social sustainability to rising costs and altruism. It is a fact that consumers are more informed and have transformed their consumer relationship with companies, currently society demands organizational transparency and seeks to relate to entities that help in social and environmental development.
But more than altruism and improvement of the organizational image, companies that adopt an environmental and social management system achieve several strategic and economic benefits, which helps to reduce costs and waste, besides the possibility of market gain and increased customer satisfaction. stakelhoders, as the most important of the environmental and social management system, continuous process improvement, which in the long term becomes value for the organization.
The answer is : Producers respond by supplying more bread
When shortage of breads increases, the demand of the product will jump through the roof, which will also increase its price
To gain the maximum profit, the producers will respond by supplying more bread until the shortage is eliminated
Answer:
$380
Explanation:
Ziva's total cost of farming is composed of two different costs: explicit and implicit costs.
Explicit cost is an out-of-pocket cost that a person incurs to carry out a particular business activity. It is sort of, a business-related expense for which the business pays. In Ziva's case, it is $130, the cost of the seeds
Implicit costs are opportunity costs. An opportunity cost refers the benefits an individual, investor or business misses out on when opting for one alternative in preference of another. In our case, it amounts to $250($25*10 hours)
Thus, Ziva's cost of farming
= $130 +( $25*10) = $130 +$250 = $380
