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May 4, 2016

Search: Economics *Micro

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economics
Need Help on my final exam. Willing to reward for help. 1. Relate the legal concept of tort to the economic concept of externalities. 2. Does the existence of a tort necessarily mean that economic inefficiency is present? How do torts differ from other types of externalities? ...
May 11, 2009 by Sung

intro to economics
Please check my answers and I need help on some of the problems. I'm in a intro to economics course at a university. My professor did not provide a book for this course citing that she rarely had her students use it. So all I have are notes. I would like some help on the ...
March 2, 2009 by anna

Economics
4 (ii) You manage Dirt Diggers, an excavating firm that excavates roadside ditches for laying drainpipes. Its output follows the production function: Q = 10L -.1L2 where L denotes labor hours and Q the length of the ditch in meters. You can hire labor at the going wage rate of...
May 25, 2011 by Michelle

economics
China is one of the few countries in the world to have a fixed exchange rate. In the past, it has experienced a huge increas in exports of goods. Use a "FOREX" diagram to show the effect of the increase in exports. In your answer you must explain the effect of the export surge...
June 9, 2007 by Gary.L

help with economics
what is a rent-controlled apartment? http://en.wikipedia.org/wiki/Rent_control http://www.econlib.org/library/Enc/RentControl.html =) http://www.econlib.org/library/Enc/RentControl.html
January 29, 2007 by shelly

economics
Suppose that the typical snowboarder/skier visiting Mount Unknown ski resort on a typical day would be willing to pay for lifts up the mountain according to the following schedule. (see graph …url below) 1. Why does the WTP schedule slope downward ? 2. Suppose all skiers at ...
June 29, 2009 by Dave

More Economics
I have an lazy instructor using test bank questions unrelated to my text and need some help. The second question is "anything that makes the efficiency wage rise relative to the market-clearing wage will...A) increase both the quantity demanded and the quantity supplied of ...
June 16, 2007 by Bryan

Managerial Economics
You own and operate PC’s R Us, a firm that manufactures customized computers to meet the specifications of universities that offer online MBA programs. Nearly 70% of your customers are Webster University MBA students. Your firm is not the only business that makes the custom ...
April 14, 2009 by Nicci

Economics
The chapter states that the elderly population in the United States is growing more rapidly than the total population. In particular, the number of workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of Social Security, some ...
November 17, 2006 by Mariah

Economics
The chapter states that the elderly population in the United States is growing more rapidly than the total population. In particular, the number of workers is rising slowly, while the number of retirees is rising quickly. Concerned about the future of Social Security, some ...
November 17, 2006 by Mariah

macroeconomics
18. The following is a list of figures for a given year in billions of dollars. Using this data, compute: (a) GDP; (b) NDP; (c) NI; (d) PI; (e) DI; (f) Net exports. Transfer payments $ 16 Government purchases 80 Personal taxes 38 Corporate income taxes 28 Indirect business ...
October 11, 2011 by marc

Economics
Given the following diagrams: Q1 = 16 bags. Q2 = 11 bags. Q3 = 23 bags. The market equilibrium price is $53 per bag. The price at point a is $85 per bag. The price at point c is $5 per bag. The price at point d is $63 per bag. The price at point e is $38 per bag. The price at ...
March 2, 2016 by YUKA

Economics
Suppose the U.S government decides that the incomes of dairy farmers should be maintained at a level that allows the traditional family dairy farm to survive. It therefore implements a price floor of $1 per pint by buying surplus milk until the market price is $1 per pint. Use...
September 7, 2012 by Cecilia

Economics
A neoclassical theorist would use the formula Y = (w r * L s) + (I r * K s) to explain why a given person, John, is poor. a) According to the Neoclassical Theory, how would John decide how many hours of labor to supply? Draw an appropriate diagram to illustrate your answer and...
October 19, 2006 by Kim

Economics
6. The idea that countries should produce and sell goods that they produce most effectively and efficiently, and buy goods that other countries produce most effectively and efficiently, is known as A. absolute advantage theory. C. efficiency balanced trade. B. free trade. D. ...
January 23, 2012 by Heather

Economics
In an economy where a unit of labour can produce either 1 unit of x or 4 units of y (or any linear combination of the two) and a unit of capital can produce either 4 units of x or 1 unit of y (or any linear combination of the two). There are 100 units of each means of ...
July 27, 2006 by Zann

Economics/Marginal Analysis
21st Century Electronics has discovered a theft problem at its warehouse adn has decided to hire security guards. The firm wants to hire the optimal number of guards. The follwoign table shows how the number of security guards affects the number of radios stolen each week: # ...
June 1, 2007 by Ed

economics
I am completely stuck on these two questions. I have read my chapter, but I am still doubting that I got the answers correct. 1.A decrease in aggregate demand causes a decrease in ______ only in the short run, but causes a decrease in ______ in both the short run and the long ...
April 5, 2012 by Joy

economics
I am completely stuck on these two questions. I have read my chapter, but I am still doubting that I got the answers correct. 1.A decrease in aggregate demand causes a decrease in ______ only in the short run, but causes a decrease in ______ in both the short run and the long ...
April 6, 2012 by Joy

economics
am completely stuck on these three questions. I have read my chapter, but I am still doubting that I got the answers correct. 1.A decrease in aggregate demand causes a decrease in ______ only in the short run, but causes a decrease in ______ in both the short run and the long...
April 7, 2012 by Bobbie

Economics
2. (i) The production function for a firm is given by Q = LK where Q denotes output; Land K labor and capital inputs. Wage rate and rental rate are given by w and r respectively. (a) Show whether or not the above production function exhibits diminishing marginal productivity ...
May 25, 2011 by Michelle

Economics
Professor Martin is considering leaving the university and opening a consultant business. His services as a consultant he would be paid $75,000 a year. To open the business professor Martin must convert a house from which he collects rent of $10,000/year for office space and ...
October 19, 2006 by Cindy

Economics: Am I right?
I am completely stuck on these two questions. I have read my chapter, but I am still doubting that I got the answers correct. 1.A decrease in aggregate demand causes a decrease in ______ only in the short run, but causes a decrease in ______ in both the short run and the long ...
April 8, 2012 by Bobbie

game theory economics
Mitchell Electronics produces a home video game that has become very popular with children. Mitchell’s managers have reason to believe that Wright Televideo Company is considering entering the market with a competing product. Mitchell must decide whether to set a high price to...
October 2, 2011 by aaniya gill

Managerial Economics
You’re the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Europe. Your market research has identified three potential market opportunities: England, France, and Germany. If you enter the English market, you have a 0.5 chance of...
May 20, 2015 by Jutee

managerial economics
A firm offers two differentiated products, X and Y and faces two types of consumers, types A and B. There are equal numbers of each type of consumers ¡V so, for simplicity, assume there is just one of each type. The valuations of the two types of customers of the two products ...
September 7, 2008 by matherik

managerial economics
A firm offers two differentiated products, X and Y and faces two types of consumers, types A and B. There are equal numbers of each type of consumers ¡V so, for simplicity, assume there is just one of each type. The valuations of the two types of customers of the two products ...
September 8, 2008 by matherik

managerial economics
A firm offers two differentiated products, X and Y and faces two types of consumers, types A and B. There are equal numbers of each type of consumers ¡V so, for simplicity, assume there is just one of each type. The valuations of the two types of customers of the two products ...
September 8, 2008 by matherik

economics
some study guide questions i am stumped on 1 uncertainty about the future is likely to a increase current spending b either increase or decrease c decrease current spending d no impact on current spending think it's d 2 as the general price level increases the amount of goods ...
April 15, 2011 by samuel

economics grad level
I cannot figure this our for the life of me!Assume that the gross national debt initially is equal to $3 trillion and the federal government then runs a deficit of $300 billion. What is the new level of gross national debt? What happens to the amount of debt held by the public...
August 10, 2009 by queenie

economics
What is the role of producers in consumer protection &awareness?i need a article on this topic b'coz i have to prepare school pro ject on same. Here you will find a list and description of "producer" disclosure statutes enforced by the Federal Trade Commission. http://www.ftc....
June 13, 2006 by bhavna

Economics
I am working on the cost of taxation. Question: The market for pizza is characterized by a downward-sloping demand curve and upward-sloping supply curve. Suppose that the govenment forces each pizzeria to pay a $1.00 tax on each pizza sold. Illustrate the effect of this tax on...
April 20, 2008 by G

Mangerial Economics
Where Q is the number of cans of tennis balls sold quarterly, P is the wholesale price Wilpen charges for a can of tennis balls, M is the consumers average household income, and Pr is the average price of tennis rackets. The regression results are as follows Dependant Variable...
March 2, 2012 by Diana

description for Jiskha.com
A few of you have noted that Google's description of jiskha.com is ineffective on the search results. It currently reads: ----- Articles, games, humor and puzzles for many school areas including art, computers, English, foreign languages, health, home economics, mathematics, ...
January 24, 2007 by Leo

Economics
List the various causes of inflation and determine if they are an injection or a leakage. Demand-pull theory: This is a leakage. If all sectors in the economy try to buy more than the economy can produce, people may start to rely on imports. Therefore, demand-pull is a leakage...
March 8, 2011 by David

economics
Samantha Roberts has a job as a pharmacist earning $30,000 per year, and she is deciding whether to take another job as the manager of another pharmacy for $40,000 per year or to purchase a pharmacy that generates a revenue of $200,000 per year. To purchase the pharmacy, ...
March 20, 2015 by Tim

economics
Samantha Roberts has a job as a pharmacist earning $30,000 per year, and she is deciding whether to take another job as the manager of another pharmacy for $40,000 per year or to purchase a pharmacy that generates a revenue of $200,000 per year. To purchase the pharmacy, ...
March 20, 2015 by Tim

Economics
I am getting thrown off by absolute advantage: Boston: Red Socks per worker per hour 3 White Socks per worker per hour 3 Chicago: Red Socks per worker per hour 2 White Socks per worker per hour 1 A) Without trade, what is the price of white socks (in terms of red socks) in ...
May 16, 2008 by G

Economics
I have created an accurate graph on excel and I believe the answers to the first 2 portions of the question are: The opportunity cost of the first 2,000 automobiles is the inability to produce 1000 tons of beef or we give up 1000 tons of beef in order to produce 2,000 ...
August 22, 2009 by Shellie

Economics
I picked the answer C for both questions. I still am not sure? Ben-cones 8 Ben-ice cream 2 Jerry-Cones 6 Jerry-Ice Cream 4 According to the tables, Ben as a comparative advantage in: A) ice cream, and Jerry has an absolute advantage in both goods B) cones, and Jerry has an ...
May 6, 2008 by G

economics
You’re the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Europe. Your market research has identified 3 potential market opportunities: England, France, and Germany. If you enter the English market, you have a 0.5 chance of big...
October 15, 2011 by Anonymous

managerial economics
Exercise 1 The marketing manager has estimated the company’s demand curve with the equation P=3000 – 40Q. To develop a deeper understanding of pricing and quantity to be produced, complete the following analyses: 1. Draw the demand curve (use a range of Q values from 20 to 60...
February 20, 2012 by Butter

Managerial Economics--PLZ HELP!
1. An auto-service establishment has estimated its monthly cost function as follows: TC = 6400 + 8 Q Where Q is the number of cars it services each months and TC represents its total cost. The firm is targeting $3,200 net monthly profit with an output target of servicing 3000 ...
December 7, 2006 by Heather

Economics
2. The economy is in a recessionary gap, wages are inflexible downward, and there is complete crowding out. Which of the following is consistent with this state of affairs? a. The economy will soon self-regulate and produce Natural Real GDP. b. Expansionary fiscal policy will ...
April 27, 2007 by Sarah

Economics
Consider the problem of a monopolist that sells its product on two different markets m, with m=1,2. Each market has an aggregate demand function given by 1200−α_m*p_m, where p_m denotes the price in market m, and α_m=m measures the responsivity of demand to ...
March 8, 2016 by John Milliband

Chemistry
Subjects Art Business Computers English Foreign Languages Health Home Economics Mathematics Music Physical Education Science Social Studies Features Contribute Download Experts Forum Job Openings Homework Tips Libraries.Jiskha Link to Us Reference School Supplies Search ...
July 9, 2007 by Jared

economics help!!!
5.1998 Price Quantity cauliflower $200 100 broccoli $ 75 50 carrots $ 50 500 Total $325 Weight of each good weight for cauliflower 200/325= 0.61532 weight for broccoli 75/325= 0.2307692 weight for carrots 50/325=0.1538461 Prices in the base year cauliflower 200/100=$2 broccoli...
September 26, 2006 by shelby

economics
Suppose the demand and supply for milk are described by the following equations: QD = 600 - 100P; QS = -150 + 150P, where P is price in dollars, Q D is quantity demanded in millions of gallons per year, and Q S is quantity supplied in millions of gallons per year 1. Use these ...
May 10, 2013 by Suzy

Economics
The circular flow of economic activity can be summed up as: A. households earn money by selling their factors of production to firms in the factor market and use that money to buy goods and services from firms in the product market. B. firms earn money by selling their factors...
June 5, 2007 by John

History
(So, I have to agree or disagree with regards to the statement provided.. please comment on how I can make my answer better) Confirming Max Weber’s thoughts on the dynamics between religion, economics, and culture--Protestantism and urbanization had a mutual reinforcing ...
February 19, 2012 by jamie

economics
You are a team working for an economic consulting firm; your client is “The New Delmonico Steakhouse,” a high-end steak place with four restaurants in Manhattan. Your client is considering opening a single restaurant in Chicago (in the Loop), and wants assistance in making a ...
May 15, 2008 by Tiffany

Managerial Economics- need help
Basic Estimating – Week 2 A security analyst specializing in the stocks of the motion picture industry the relation between the number of movie theater tickets sold in December and the annual level of earnings in the motion picture industry. Time-series data for the last 15 ...
July 16, 2008 by Debbie

Economics- Exogenous Demand/Supply Shocks
I need to know which way aggregate demand (AD) shifts according to scenarios and why: 1) Economic booms in both Japan and Europe result in massive increases in orders for exported goods from the United States. 2) As part of its countercylical policy, the government both ...
March 3, 2007 by Kelly

Economics
PLEASE ANSWER THIS! Consider the problem of a monopolist that sells its product on two different markets m, with m=1,2. Each market has an aggregate demand function given by 1200−α_m*p_m, where p_m denotes the price in market m, and α_m=m measures the ...
March 8, 2016 by John Milliband

Economics
Suppose the minimum wage is above the equilibrium wage in the market for unskilled labor. Using a supply-and-demand diagram of the market for unskilled labor, show the market wage, the number of workers who are employed, and the number of workers who are unemployed. Also show ...
September 23, 2006 by Mickey

Economics
I have to draw some Supply/demand curves and I want to know if they are right Personal computers: more user-friendly software become available and the costs of inputs are reduced. Supply moves to the right, demand moves to the left, quantity goes up and so does price Hospital ...
February 11, 2008 by Britt

Economics
Can someone please help. What components of GDP (if any) would each of the following transactions affect? Explain. a. A family buys a new refridgerator. b. Aunt Jane buys a new house. c. Ford sells a Mustang from its inventory. d. You buy a pizza. e. California repaves Highway...
May 23, 2007 by Sam

Economics
When XYZ firm entered the market for good two years back, it kept the price of its product low to attract customers away from its leading competitor. The firm has now established itself and has a market share of 20 percent. The management of XYZ is is planning to increase ...
September 27, 2015 by Cole

Economics
Economyst, please help Rubax__ a U.S. manufacturer of athletic shoes, estimates the following linear trend model for shoe sales: Qt= a + bt + c1D1 + c2D2 + c3D3 Where Qt= sales of athletic shoes in the tth quarter t= 1, 2,…., 28[2001(I), 2001(II), …., 2007(IV)] D1= 1 if t is ...
June 30, 2009 by JackEconomics

Managerial Economics
I need help with understanding this analysis. Suppose you are a stock market analyst. At Disney tourism has slowed down in the US. But at Six Flage two new rides are now operating. Using demand and supply analyss, predict the impact of these events on ticket prices and ...
May 24, 2007 by Sharon Williams

economics
Pyramid corporation is currently employing 20 tons of cement and 40 tons of steel to produce 50 000 square feet of shopping in a mall. Cement cost $20 a ton and steel cost $60 a ton. At the input quantities employed, MPc = 12 and MPs = 6. 1)show the situation in a Isoquent-...
November 9, 2006 by Tinu

Economics
The handmade snuffbox industry is composed of 100 identical firms, each having short – run total costs given by STC = 0.5q2 + 10q + 5 and short – run marginal costs by SMC = q + 10 where q is the output of snuffboxes per day. a) What is the short –run supply curve for each ...
November 2, 2011 by Pravinesh

economics
1. Ned reads textbooks (y) and harlequin romance novels (x). He sends about $250 per quarter on books. His demand for textbooks can be written m 2py and his demand for harlequin romance novels is m 2px . (a) Textbooks cost $30 while romance novels cost $10. Draw a graph ...
February 2, 2010 by kristy

Economics
10. An industry currently has 100 firms, all of which have fixed cost of $16 and average variable cost as follows: Quantity / Average variable cost: (1/$1),(2,$2), (3,$3), (4,$4), (5,$5), and (6,$6) b. The price is currently $10. What is the total quantity supplied in the ...
November 28, 2006 by Mariah

economics
Q AC MC 1 4 12 2 8 20 3 12 28 4 16 36 5 20 44 6 24 52 7 28 60 8 32 68 9 36 76 suppose that there are 70 firms in operating in the industry. using the MC curve, find out how much output in total is delivered to the market at each price (you only need to consider prices equal to...
November 13, 2011 by john

Economics
The handmade snuffbox industry is composed of 100 identical firms, each having short – run total costs given by STC = 0.5q2 + 10q + 5 and short – run marginal costs by SMC = q + 10 where q is the output of snuffboxes per day. a) What is the short –run supply curve for each ...
November 5, 2011 by Pravinesh

Economics
1.Which of the following is consistent with the law of supply? a.As the price of calculators rises, the supply of calculators increases, ceteris paribus. b.As the price of calculators falls, the supply of calculators increases, ceteris paribus. c.As the price of calculators ...
July 4, 2009 by Trying

Economics
Suppose that Neptune Music has the copyright to the latest CD of the heavy Iron Band. The market demand schedule for the CD is: Q = 800 – 100P. Q represents quantity demanded measured in thousands of CDs and P represents the price in dollars. Production requires a fixed cost ...
November 17, 2006 by John

economics
As an investor you are faced with two choices investing in a risky fund which has a return of 12% and a standard deviation of 20% and risk free asset which has a return of 6%. 1)As a risk averse investor, my objectives is to invest in a portfolio of a 15% risk.What would be ...
November 14, 2006 by Tinu

economics
Assume that the capital account is equal to zero. Net unilateral transfers 150 Exports of goods and services 7500 Net increase in United States government’s nonreserve foreign assists -130 Net increase in foreign ownership of United States based nonreserve assets 550 Net ...
June 9, 2010 by lynn

Economis
I have got an economics questions, and i did my personal revision by tying to work the question. here is the question: using demand and supply analysis, explain the influence of the imposition of a maximum price and a minimum price on a product on price and quantity (10 marks...
November 19, 2011 by Pallavi

Economics (Net Present Value
Approximately 14 million Americans are addicted to drugs and alcohol. The federal government estimates that these addicts cost the U.S. economy $300 billion in medical expenses and lost productivity. Despite the enormous potential market, many biotech companies have shied away...
September 7, 2015 by Leo

economics
2. Suppose that the quantity of corn supplied depends on the price of corn, p; and the amount of rainfall, R: The demand for corn depends on the price of corn, p; and the level of income, Y: The equations that describe the supply and demand relationships are Qs = 20R+100p Qd...
February 4, 2011 by yas

economics
Hey can someone tell me how to graph this in excel please. Thanks. Produce a chart in Excel showing TC and TR with Q on the horizontal axis. Have Q go from 0 to 15,000 units. Produce a second chart showing MC and MR with Q again on the horizontal axis. Here is the problem for ...
September 16, 2010 by Alexis

Managerial Economics
Everkleen Pool Services (EPS) provides weekly swimming pool maintenance in Jeddah. Dozens of firms provide this service. The service is standardized; each company cleans the pool and maintains the proper levels of chemicals in the water. The service is typically sold as a four...
September 6, 2007 by Mo

Managerial Economics
Everkleen Pool Services (EPS) provides weekly swimming pool maintenance in Jeddah. Dozens of firms provide this service. The service is standardized; each company cleans the pool and maintains the proper levels of chemicals in the water. The service is typically sold as a four...
September 6, 2007 by Mo

College Economics
Hey can someone tell me how to graph this in excel please. Thanks. Produce a chart in Excel showing TC and TR with Q on the horizontal axis. Have Q go from 0 to 15,000 units. Produce a second chart showing MC and MR with Q again on the horizontal axis. Here is the problem for ...
September 16, 2010 by Alexis

economics
suppose a competitive market consists of identical firms with a constant long run marginal cost of $10. Suppose the demand curve is given by q=1000-p a)What are the price and quantity consumed in the long run competitive equilibrium? b)Suppose one new firm enters that is ...
September 20, 2007 by michele

Statistics- PEASE help!
Subjects Art Business Computers English Foreign Languages Health Home Economics Mathematics Music Physical Education Science Social Studies Features Contribute Download Experts Forum Job Openings Homework Tips Libraries.Jiskha Link to Us Reference School Supplies Search ...
November 2, 2007 by Laura

macro economics
Suppose that the residents of Veggieland spend all of their income on cauliflower, broccoli, and carrots. In 1998 they buy 100 heads of cauliflower for $200,50 bunches of broccoli for $75, and 500 carrots for $50. In 1999 they buy 75 heads of cauliflower for $225,80 bunches of...
September 26, 2006 by shelby

Economics
B. Suppose there are two goods, Cloth and Food, and two factors of production, labour and capital. Suppose that the production function for each good is "homothetic". Put capital K in the vertical axis and labour L in the horizontal axis. For Cloth production, for any ray from...
February 23, 2012 by John

Topic Sentences
Aren't topic sentences supposed to be generalized? Ex: The definition of proto science fiction is still debatable. Post-Modernism occurred following World War II. If not, please help me! I wouldn't read it if it were that general as you wrote above. examples: 1) The literary ...
July 14, 2007 by Summer

History/ Civics
1.How did the capture of Vicksburg, Mississippi, take advantage of a Confederate weakness? A-The Confederacy had few soldiers and relied on its well-trained generals to win battles. B- The Confederacy had few weapons manufacturers and relied on Vicksburg for ammunition. C- The...
April 29, 2015 by Jane

Managerial Economics
. Remox Corporation is a British firm that sells high-fashion sportswear in the United States. Congress is currently considering the imposition of a protective tariff on imported textiles. Remox is considering the possibility of moving 50 percent of its production to the ...
April 18, 2010 by JO

Home Economics
Q: How did conflict over the First and Second Banks of the United Sates reflect Federalist and Antifederalist views of government? Federalist view http://en.wikipedia.org/wiki/Federalist_Party_(United_States) http://www.nycgovparks.org/sub_your_park/historical_signs/...
April 16, 2007 by Tatiana

economics
ABC Machinery produces ice machine with historical (monthly) data in the Excel file. Please construct its short-run total cost function to answer the following questions: QUESTIONS 1. Given the data, please construct a Short-Run total cost (TC) function (cubic function) by ...
October 29, 2010 by Dede

business
Engineering Economics Essay Question: You wish to purchase a home for $150,000 and you can put down 10% of this price as down payment. You can get a 20 year fixed rate mortgage loan for 6.0% with no points. You can optionally decide to pay 2 points to bring the mortgage rate ...
July 9, 2011 by Rashed Alhajri

Economics
You should start a new post instead of adding on to an existing post. That said, I would go with A Which of the following statements is true?? A) The value of a good may change over time. B)A highly valued good is always more expensive than a lesser valued good. C)Highly ...
June 5, 2007 by economyst

Economics
Recently, the House of Representatives passed legislation to increase the minimum wage in the nation from $5.15 to $7.50. Waht are the pros and cons of this proposal? Provide an analysis based on the demand and supply of labor. Thank you so much in advance. Thank you for using...
June 23, 2007 by Tobi

Economics
You are planning to estimate a short-run production function for your firm, and you have collected the following data on labor usage and output. Labor usage output 3 1 7 2 9 3 11 5 17 8 17 10 20 15 24 18 26 22 28 21 30 23 (a) Does a cubic equation appear to be a suitable ...
June 28, 2007 by Renee Williams

Economics
You are the manager of a firm that sells CD players and DVD players. You work in Buffalo, New York and this is the middle of winter. So the people that live within walking distance are the only customers you might get, and there are no other stores nearby. (FedEx and UPS can't...
November 12, 2012 by Leonardo Yang

economics
This is going to be really long, but I want to see if my answers are correct. This is problem number 10.10 in my Intermediate Microeconomics book. A perfectly competitive painted necktie industry has a large number of potential entrants. Each firm has an identical cost ...
November 14, 2007 by sleepy

economics
To save on gasoline expenses, Edith and Mathew agreed to carpool together for traveling to and from work. Edith preferred to travel on I-20 highway as it was usually the fastest, taking 25 minutes in the absence of traffic delays. Mathew pointed out that traffic jams on the ...
May 25, 2013 by sugar

Critical Thinking 205
So I've been searching, checking the web on many different search engines, the college library. and have not found an example of a nonprejudicial rhetorical device. So it would be safe to say there is no such thing as a nonprejudicial rhetorical device? Rhetorical devices in ...
June 21, 2007 by Ron

Economics
Could you please check these thanks. Directions: Supply can decrease and increase depending upon several factors. Also you must put if that factor increase/decreases amount of supply, if the supply curves to the left/right, and if the cost to produce is increasing/decreasing ...
May 11, 2009 by Cathy

economics
what policies might the government pursue to increase economic mobility across a generation? Since this is not my area of expertise, I searched Google under the key words "'economic mobility' 'government policy'" to get these possible sources: http://delong.typepad.com/sdj/...
September 18, 2006 by Deana

Economics
TFC = $1,000 MC = $1 (and constant) 2.Assume that all households have the same demand schedule which is given by the following relationship: P = 10 – 2Q. If there are 400 households in the market, state what the market demand schedule and marginal revenue schedule look like ...
November 26, 2006 by Pete

Economics
Mirk Labs is a British pharmaceutical company that currently enjoys a patent monopoly in Europe, Canada, and the United States on Zatab (pronounced zay-tab), an allergy medication. The global demand for Zatab is: Qd=15.0-0.2P Where Qd is annual quantity demanded (in millions ...
August 26, 2009 by DaisyJ

Economics
(iii) Bright Future, Ltd (BF) is a nonprofit foundation providing medical treatment to emotionally distressed children. BF has hired you as a business consultant to design an employment policy that would be consistent with its goal of providing the maximum possible service ...
May 26, 2011 by Michelle

Economics
An industry currently has 100 firms, all of which have fixed costs of $16 and avg. variable cost as follows: Q Avg. Variable Cost ($) 1 1 2 2 3 3 4 4 5 5 6 6 a. Compute marginal cost and avg. total cost. b. the price is $10. what is the total quantity supplied in the market? c...
December 13, 2006 by Maggie

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