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satela [25.4K]
3 years ago
15

Difference between partial equilibrium and general equilibrium in the simplest form​

Business
1 answer:
aleksandrvk [35]3 years ago
4 0

Answer:

In a partial equilibrium model, you are ignoring feedback that may result from related markets. ... Normally, in a general equilibrium model, the equilibrium quantities and prices in all markets are endogenous.

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If the marginal propensity to consume (MPC) is 0.8 and taxes decrease by $200, then real GDP will: Please choose the correct ans
NNADVOKAT [17]

Answer:

increase by $800

Explanation:

if taxes decrease by 200 then

GPD x tax multipler = net impact on GDP

the tax multiplier is calculated as follows:

\frac{MPC}{1 - MPC}

\frac{0.8}{1 - 0.8} = \frac{0.8}{0.2}

multiplier = 4

tax variation x multiplier

200 x 4 = 800

As the taxes decreases the effect on the GDP is positive.

7 0
3 years ago
The the product market,
Nastasia [14]

Answer:

the target market is the specific group of people the company is trying to reach / sell too. EXA - dicks sporting goods target market is active athletic people

Explanation:

3 0
3 years ago
Last month Peggy Company had a $42,028 profit on sales of $331,200. Fixed costs are $83,828 a month. What sales revenue is neede
valina [46]

Answer:

Break-even Sales revenue =$220,600

Explanation:

<em>B</em><em>reakeven point is the level of activity that equates the total cost to the total revenue.</em>

<em>At the break-even point the business makes no profit and no loss</em>.

Break-even point = Total fixed cost for the period / Contribution margin ratio

<em>Contribution margin = total contribution/ total sales</em>

<em>Contribution = Fixed cost + profit</em>

Contribution = $42,028 + $83,828

                     =  $125,856.00

<em>Contribution to sales ratio</em>

= (125,856.00 /331, 200) × 100

= 38%

Break-even sales revenue = $83,828/0.38

                        =$220,600

3 0
4 years ago
Read 2 more answers
Which estimating technique uses a statistical relationship to calculate cost or duration based on historical data and other proj
VashaNatasha [74]

Parametric estimation is a  techniques that uses a statistical relationship to calculate cost or duration based on historical data and other project parameters

Parametric estimation is a quantitative method (statisitical relationship) used to estimate the project cost, resources, and duration based on historical data and other project parameters.

Parametric estimation models are used when:

  1. There is precedent
  2. The model is a unit hence can be scaled up
  3. The parameters required are easily quantifiable

While the other options of this question is incorrect because:

b. grass roots estimating

Cost estimation done by the individuals who will be performing the task being estimated.

c. empirical estimating

Estimation method in which the data is obtained using empirical formulas. It is usually based on an amalgamation of historical data, assumptions, guesses, and personal experience.  

d. analogous estimating

Also called top-down estimating, this is a technique that involves comparing previous projects, personal experiences and cursory cross-referencing observed costs to estimate time resources required. This technique is most useful in the absence of quantifiable data.

You can learn more about project estimation at

brainly.com/question/24322317

#SPJ4

3 0
2 years ago
First, the network went down, then the guy in the next cubicle would not stop clearing his throat, and now Delia cannot find a s
mr Goodwill [35]

Answer:

<u>B) The network going down represents a stressor, while Delia's backache is a strain. </u>

Explanation:

<u>Stressor:</u> The term "stressor" is described as any of the different experience, event, or environmental stimulus in an individual's life that generally causes stress. Thus, these experiences or events are often perceived as challenges or threats to the person's life and it can either be psychological or physical.

<u>Strain:</u> In organisational behavior, the term "strain" is described as an individual's act of straining in which nervousness occurs that results from "mental stress". It could also be referred as "nervous strain". However, strain lasts for quite a long-time and causes a continuous "toxic-stress".

<u>In the question above, the correct answer is option B.</u>

5 0
3 years ago
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