The development of the online meal-delivery industry is a double-edged sword, with potential to both hamper and drive progress towards achievement of the S
a) Calculate perfectly competitive equilibrium, consumer surplus, and producer surplus. Include a detailed graph. b) If a $2 per-unit The sum of consumer surplus and producer surplus is equal to: (a) total profit (b) the economic surplus ...
Explain the best way to calculate opportunity cost with variables. Fully define the concepts of scarcity and opportunity costs, and how do they relate to one another? Be very descriptive. Explain what is meant by opportunity cost. How to analyze production possibilities frontier...
From Equations (1) and (2), we can see that to calculate the energy misallocation index τEi, we must estimate the contribution proportion of energy to each region’s output βEi. In most of the existing studies, researchers use Cobb-Douglas(C-D) production function with constant return to...
A balance is sought between marketability and profit. Some articles explicitly include claim-trigger index values, namely Zimbidis et al. [41] and Anggraeni et al. [49]. Furthermore, an analysis of the answers to RQ7 and RQ8, regarding the solution form of the model and the method of ...
To calculate the values in each column, simply divide the income stream by the interest rate. Just be aware that interest rates are now ticking back up a little due to a strengthening economy. Inflation expectations are also going up. As a result, income producing assets should also gene...
Explain graphically how isoquant-isocost analysis can be used to derive long-run labor demand curve. Distinguish between the substitution and output effects. Isoquant: Isoquant shows the relationship between two or more inputs that...
Step 2. Calculate the contribution degree of each standardized value in Step 1. $${p}_{ij}=\frac{{x}_{ij}^{\ast }}{{\sum }_{i=1}^{m}{x}_{ij}^{\ast }}$$ (7) Step 3. Calculate the entropyejand the redundancydjof each indicator. ...
and attempt to use the input and output efficiency values of R&D to reflect the efficiency of green technology progress. This part of the literature usually uses the method of GML index of SBM model set of unexpected output super efficiency to calculate [64]. This paper argues that the second...
Learn about the GDP price index. Identify the difference between the GDP deflator and CPI, and discover how to calculate inflation with the GDP deflator. Related to this Question In 1940, the CPI was 16 and a gallon of gas c...