Economics Answers

b. The supply of chicken meat in Pakistan increases, causing meat prices to fall. Lower prices always mean that Pakistani households spend more on meat.

Allen would like to open a business to produce a software that he thinks would be well-received by the market. However, the investment needed to start a busi- ness is very high and Allen could barely cover it on his own. The software is very likely to be successful and generate profits, but it takes 2 years before profits are generated. Explain why the existence of a financial intermediary, like a bank, makes Allen’s investment more likely.

A news piece regarding Sugar inquiry commission report is available at the following link.
https://dunyanews.tv/en/Pakistan/546488-Govt-makes-Sugar-inquiry-commission-report-public
Read the report carefully. With the help of graph, analyze the possible consequences of setting price floor of sugarcane below equilibrium price. Compare your conclusions with the ones, stated in this report.

Discuss whether an economy’s production possibility curve is more likely to move inward or outward over time

Ed=0 in case of _______
(unitary elastic demand)

The options are:
1.luxuries
2.normal goods
3.necessities
4.comforts

Please tell which would be the correct answer with reason.

Suppose a consumer x and y has the following utility function U=x^0.4y^0.8 if Price of good x and y 10 and 20 and income constraint is 500$. Find the quantities of x and y maximize utility

Is it true that :

An increase in exports will cause inflation expectations to be revised downwards

A Joel took goods from inventory for his own use, cost $220.
Can you help me about record the transactions using double entries
I don't know Debit is Drawings and credit is Purchase or debit is Drawings and credit is Inventory?
Thanks all

Greece lightning
what has been the impact of successive budget deficits on public sectors borrowing and debt in Greece ?

Greece lightning
what happened to the budget deficit in greece over time and why?