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March 12, 2010
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Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

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Economics
Would a reason the aggregate demand curve shifts downward be because of: A lower price level decreases consumption?
Friday, March 12, 2010 at 2:45am

economics
consumer and producer surplus at equilibriun point explain through graph?
Tuesday, March 9, 2010 at 1:58am

economics
Gasoline and beer are monopolistic competition. But why the prices of gasoline always changes while beer's price is constant?
Monday, March 8, 2010 at 12:44am

economics
what are the arguments of high income, middle income, low income and corporate tax payers who are critical o the Canadian government's income tax policy.
Sunday, March 7, 2010 at 5:44pm

economics
research the factors behind economic growth in Hong Kong and Singapore. Which of these methods of encouraging growth would you suggest to a newly industrialized economy?
Sunday, March 7, 2010 at 4:12pm

college fundamentals of manageral economics
Evidenced by the recently reported quarterly growth the US economy seems to be on its way out of the most sever recession since the Great Depression. The unemployment picture however remains rather bleak. Still over 14 million Americans are without jobs. The US economic condit...
Sunday, March 7, 2010 at 1:02pm

economics
I need points and counterarguments on how globalization helps farmers in third world countries for my debate. I know that it opens up trade and has technological developments to create more efficient farming. But that's almost all I can think of.
Saturday, March 6, 2010 at 7:08pm

Macroeconomics
Can someone please explain this question to me? I have tried to pick out the key points but even then I do not know what to look up. Your bank is developing a marketing campaign to appeal to new customers. In a meeting, your manager asked the following question: "Do indiv...
Saturday, March 6, 2010 at 3:01pm

microeconomics
is government involvement in scientific research a good idea? discuss
Saturday, March 6, 2010 at 8:16am

microeconomics
On balance, is the patent system a good or bad thing? explain.
Saturday, March 6, 2010 at 8:14am

Economics
How do you calculate the growth rate of real GDP between two years?
Friday, March 5, 2010 at 10:22pm

microeconomics
Externalities are third party consequence of some other action. They can be positive or negative externalities and they impose a benefit or cost to a third party. Identify a positive and a negative externality. Discuss the benefits and costs associated with each type of extern...
Friday, March 5, 2010 at 2:00pm

Macroeconomics
The effectiveness of monetary policy depends on how easy it is for changes in the money supply to change interest rates. By changing interest rates, monetary policy affects investment spending and the aggregate demand curve. The economies of Albernia and Brittania have very di...
Thursday, March 4, 2010 at 7:16pm

Macroeconomics
Show the changes to the T-accounts for the Federal Reserve and for commercial banks when the Federal Reserve buys $50 million in U.S. Treasury bills. If the public holds a fixed amount of currency (so that all loans create an equal amount of deposits in the banking system), th...
Thursday, March 4, 2010 at 7:15pm

Macroeconomics
An economy is facing the recessionary gap shown in the accompanying diagram. To eliminate the gap, should the central bank use expansionary or contractionary monetary policy? How will the interest rate, investment spending, consumer spending, real GDP, and the aggregate price ...
Thursday, March 4, 2010 at 7:14pm

world geography
how did europe's peninsulas help it expand, considering economics and ideas etc?
Thursday, March 4, 2010 at 10:50am

economics
If businesses believe consumption will increase six months from now, everything else held constant, and they begin to increase investment, what do you predict will happen to aggregate demand?
Thursday, March 4, 2010 at 10:42am

Managerial Economics
Suppose Bill is on a low-carbohydrate diet. He can eat only three foods: Rice Krispies, cottage cheese, and popcorn. The marginal utilities for each food are tabulated below. Bill is allowed only 167 grams of carbohydrates daily. Rice Krispies, cottage cheese, and popcorn prov...
Wednesday, March 3, 2010 at 5:11pm

macroeconomics
help me graph this answer slope is rise over run. With each 100 increase in income (run), consumption goes up by 50 (rise). So, 50/100 = .5 = slope
Wednesday, March 3, 2010 at 1:33pm

HOME ECONOMICS
WHAT ARE THE DISPOSAL OF FULNESS,THE METHODS USED TO CONTROL THM AND HOW ARE THEY CARRIED
Wednesday, March 3, 2010 at 4:44am

economics
I need help with part D below, i thought the function would be y=x/3 + y/2. 1. You produce sandwiches for the Perk cof ee stand. Sandwiches require 3 tablespoons of mayonnaise (x) and 2 tablespoons of mustard (y) (a) Write the production function for sandwiches and plot th...
Wednesday, March 3, 2010 at 12:07am

economics
How has globalization benefited farmers in lesser developed regions? I can only find evidence that it hurt them. This is for a debate.
Tuesday, March 2, 2010 at 10:39pm

economics
the more elastic the demand for the good labor produces, the less elastic the demand for labor. True or False When a monopolistically competitive firm is in long-run equilibrium, average total cost is at its minimum. True or False
Tuesday, March 2, 2010 at 9:21pm

Economics
Assignment 3 1. Some games of strategy are cooperative. One example is deciding which side of the road to drive on. It doesn’t matter which side it is as long as everyone chooses the same side. Otherwise, everyone may get hurt. Driver 2 Left Right Driver 1 Left 0,0 -1000 ...
Monday, March 1, 2010 at 8:12pm

english
I am supposed to be telling about my day at the assembly which i had last week. Ms Sue gave the title to me and she also gave me intro for it. i had family going over this. i dont know please revise Rah! Rah! Bah! Bah humbug! How excited I was, it was time for me and my class ...
Monday, March 1, 2010 at 6:21pm

english
Rah! Rah! Bah! Bah humbug!How excited I was, it was time for my class to got to the assembly. The announcements went on and asked for all the home economic classes to come down to the assembly. Well I was in my home economics class-sewing and so I just wandered down the hallw...
Monday, March 1, 2010 at 5:02pm

economics
Assume that a bottle of wine sells for $10. The government decides to put a $1 per bottle tax on wine. What will be the new price that consumers must pay for a bottle of wine?
Sunday, February 28, 2010 at 10:22pm

economics
Best Answer - Chosen by Voters Simply put, the higher the CR the more monopolistic an industry is (or in this case oligopolistic). The 4 firm concentration ratio is usually the standard measure of this. In the example w/ 30% CR you can assume there are likely low barriers to e...
Sunday, February 28, 2010 at 1:59pm

history
how did the factors of population,economics,disease and climate shape the basic social conditions and ways of life in both the south and new england?
Sunday, February 28, 2010 at 1:58pm

macroeconomics
Suppose in 2009 the united states congress passes a minimum wage law that increases the minimum wage (the lowest legal wage) to 7.25 per hour and has a provision that increases the minimum wage at the beginning of each year based on the CPI for the previous year. a.) If the CP...
Saturday, February 27, 2010 at 2:54pm

macroeconomics
In 1995, the CPI was 152.5 and the price of an economics textbook was 70.00 dollars and a music cd was 16.00 dollars. If the CPI was 172.3 in 2007, what were the prices of the economics textbook and the music cd in 2007 dollars
Saturday, February 27, 2010 at 2:48pm

Economics
A system of equations is given by: F1(x,y,a,b) = x² + bxy + y² - a – 2 = 0 F2(x,y,a,b) = x² + y ² - b² + 2a + 3 = 0 Where x and y are endogenous variables while a and b are exogenous variables. Compute the differentials δx/δb and δy...
Saturday, February 27, 2010 at 2:09pm

macroeconomics
what is the relationship between short and long term interest rates as the time of maturity of the debt increases
Friday, February 26, 2010 at 3:23pm

economics
It is based on the idea the the velocity of money is constant. Monetarist advocated such a policy in the 1970's and Volcker tried it around 1980 and it a did not work so no one advocates it any more.
Friday, February 26, 2010 at 3:01pm

Economics
A system of equations is given by: F1(x,y,a,b) = x² + bxy + y² - a – 2 = 0 F2(x,y,a,b) = x² + y ² - b² + 2a + 3 = 0 Where x and y are endogenous variables while a and b are exogenous variables. Compute the differentials δx/δb and δy...
Friday, February 26, 2010 at 2:19pm

home economics
Suppose you’ll have an annual nominal income of $40,000 for each of the next 3 years, and the inflation rate is 4 percent per year. Find the real value of your $40,000 salary for each of the next 3 years.
Thursday, February 25, 2010 at 9:20am

Economics
How does the local, state, or national economy affect your business or place of work? Are there businessess that are relatively recession- or depression-proof? Why or why not? Are there businesses that may not prosper to the same extent as others during an economic boom? Why o...
Wednesday, February 24, 2010 at 11:41pm

microeconomics
A monopolistically competitive industry has the following structual characteristics:(1) a large number of firms,(2) no barriers to entry, and (3)product differentiation, relatively good substitutes for a monopolistic competitors products are available. Monopolistic competitors...
Tuesday, February 23, 2010 at 7:01pm

Economics
Why do some workers make more money than others? Must everyone make the same wage? Explain your answers using labor market equilibrium.
Tuesday, February 23, 2010 at 5:23pm

Economics
what does the positive slope of a line with Government expenditure (G) represent when Y=Total expenditure is on the x axis. For simplification, in the equation G=a+tY, where a and t are constants, what does t represent?
Tuesday, February 23, 2010 at 11:12am

Economics
For each of the following possible events, indicate whether the demand or supply curve for dollars would shift, the direction of the shift, the determinant of the change, the inflow or outflow effect on the balance of payments (and the specific account that would be affected),...
Tuesday, February 23, 2010 at 7:36am

economics
For each of the following possible events, indicate whether the demand or supply curve for dollars would shift, the direction of the shift, the determinant of the change, the inflow or outflow effect on the balance of payments (and the specific account that would be affected),...
Tuesday, February 23, 2010 at 7:34am

economics
How could a tax cut achieve the same result? Would the tax cut have to be larger than the increase in government purchases? Why or why not?
Monday, February 22, 2010 at 9:11pm

economics
When using 400 printers and 200 printing presses to produce books. A printer's wage rate is 20, and the price of printing press is 5,000. The last printer added 20 books to total, while the last press aded 1,000 books to total output. Is this an optimal choice?
Monday, February 22, 2010 at 4:33pm

home economics social and scientific
explain three food imports and three food exports in the irish food industry
Monday, February 22, 2010 at 2:13pm

economics
As such, you are assigned the duty of ensuring the availability of 100,000 yen for a payment scheduled for next month. Considering that your company possesses only US dollars, identify the spot and forward exchange rates. What are the factors that influence your decision to us...
Sunday, February 21, 2010 at 8:17pm

microeconomics
recently, cellular telephones have become very popular. At the same time new technology has made them less expensive to produce. by assuming the technological advance caused cost curves to shift downward at the same time that demand was shifting to the right. draw a diagram or...
Sunday, February 21, 2010 at 6:37pm

economics
You are getting ready for your 1st day of work and realize that you have several options of how to get to bank of Wall Street. you could drive your car and look for street parking , or park in the parking garage. you mighteven take a taxi or subway. you must get to work , so t...
Sunday, February 21, 2010 at 11:41am

economics
A firm has production of cars in 2 countries with the following demand: Sweden: P= 300- 5Q Denmark: P= 150- 3Q Marginal cost for both countries= $40 per unit Will this company price discriminate, and if yes, which type of price discrimination will it use? What are the conditio...
Sunday, February 21, 2010 at 10:05am

microeconomics
which of the following are actual pareto-efficient changes? explain. a) You buy three oranges for $1 from a street vendor.b) you sr near death from thirst in the desert and must pay a passing vagabond $10,000 for a glass of water.c) a mugger steals your wallet.d)you take a tax...
Sunday, February 21, 2010 at 8:59am

microeconomics
suppose two passagers both end up with a reservation for the last seat on a train from san franciso to los angeles. two alternatives are proposed: a)toss a coin b)sell the ticket to the highest bidder. compare the two from the standpoint of efficiency and equity.
Sunday, February 21, 2010 at 8:54am

Economics
Suppose That A Scientific Breakthrough Leads To The Discovery Of A New Cheap Source Of Energy. What Would Be The Effect Of This Invention In The Short-Run And In The Long-Run?
Thursday, February 18, 2010 at 4:54pm

ECONOMICS
Q=200-2P so that Marginal Revenue is MR=100-Q.
Thursday, February 18, 2010 at 1:58pm

economics
Mirks 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...
Thursday, February 18, 2010 at 10:07am

economics
what is the shift in the demand or supply curve for: The development of the sugar beet as a major source of sugar has lowered land rents on islands producing sugar cane
Wednesday, February 17, 2010 at 8:03pm

11th grade economics
Since capital are means of production e.g. machinery, how does that relate to the reward being interest? Business owners borrow money and pay interest but how does capital goods reward interest to business owners?
Monday, February 15, 2010 at 11:46pm

11th grade economics
Why is it that the reward for capital is interest? I don't get how the business is rewarded interest, isn't it the banks?
Monday, February 15, 2010 at 4:00am

economics
Calculate the mid-point elasticity of demand. Please review chapter 6 before taking this assignment. Question: The online bookseller wants to increase its total revenue by offering 10% discount on every book it sells.Its custmers are divided in 2 groups Group A and group B Vol...
Friday, February 12, 2010 at 1:12am

economics
Calculate the mid-point elasticity of demand. Please review chapter 6 before taking this assignment. Question: The online bookseller wants to increase its total revenue by offering 10% discount on every book it sells.Its custmers are divided in 2 groups Group A and group B Vol...
Friday, February 12, 2010 at 1:10am

Economics
As a manager of a financial planning business you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement or answer 8 phone calls, while Francis can either produce 4 financial statements or answer 10 phone calls. Does either p...
Thursday, February 11, 2010 at 3:55pm

Managerial Economics
Can someone explain what is a cubic cost function? I'm taking a managerial economics course, but I've never taken any algebra or calculus; so I'm struggling. I'd like to grasp the purpose of what it is and then try to figure out how to do it. thanks!
Tuesday, February 9, 2010 at 8:01am

Economics305
We make choices as consumers every day. Opportunity cost is defined as a person’s "next best alternative" or "the cost of what you give up when you make a choice." Think of a recent decision you made regarding your career. What was your opportunity cos...
Monday, February 8, 2010 at 4:36pm

Economics305
As a manager of a financial planning business you have two financial planners, Phil and Francis. In an hour, Phil can produce either one financial statement or answer 8 phone calls, while Francis can either produce 4 financial statements or answer 10 phone calls. Does either p...
Monday, February 8, 2010 at 4:31pm

economics
From Table 4-1 in the text, determine how much the demand for Florida Indian River oranges would change as a result of a10 percent increase in the price of Florida interior oranges, and vice versa.
Monday, February 8, 2010 at 1:49pm

Economics
This chart shows the components of nominal GDP for the years 2000 and 2001. All figures are in billions of current dollars. ----------------------------------------​----------------------------------------​ Components 2000 2001 -------------------------------------...
Sunday, February 7, 2010 at 9:01pm

economics
Suppose that the consumption function is C=100+.8(y-t). Initially investment and government expendtures are I=75 and G=150 and taxes are T=50. 1.Depict this economy using the keynesian cross. calulate the initial equilibrium income. how much will income increas if government e...
Saturday, February 6, 2010 at 5:54pm

Economics
Help! I have an assignment and I lost my textbook. Does anyone have "Managerial Economics for a Global Economy" by D. Salvatore (6th Ed)? If so, I need the integrating problem #15 on page 32. All I know is it is something about Samantha and a pharmacy... see below ~~...
Thursday, February 4, 2010 at 6:52pm

economics
A(n) ________-based ethics code defines corporate values; creates a supportive environment, and, stresses shared accountability among employees.
Thursday, February 4, 2010 at 3:23pm

economics
what is the consumer surplus, producer surplus and deadweight loss if a monopolist has demand p=100-Q and Cost= 10Q Thanks xox
Wednesday, February 3, 2010 at 7:19pm

Microeconomics
If the equilibrium price of silver is 4 dollars an ounce, under conditions of perfect competition and the industry is in long run equilibrium, will the average total cost of silver be less, equal or exceed 4 dollars?
Wednesday, February 3, 2010 at 1:52am

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 repre...
Tuesday, February 2, 2010 at 11:54pm

managerial economics
The total operating revenues of a public transportation authority are $100M while its total operatiing costs are $120M. The price per ride is $1, and the price elasticity of demand for transportation ia -0.4. The transportation authority has to eliminate its operating deficit....
Monday, February 1, 2010 at 7:54pm

Economics
True or False: If a model fits reality but doesn't generate testable predictions, it is of little value to economists.
Monday, February 1, 2010 at 4:08pm

Microeconomics
Explain how the supply of new housing interacts with shifts in the demand for owner-occupied housing in your neighbourhood or an area with which you are familiar. In what ways does the mechanism differ from that which exists normally in markets for consumer goods such as cloth...
Monday, February 1, 2010 at 3:09pm

Geography
Are these correct: Although Brazil is rich in natural resources, a. the government has done little to foster economics growth b. poverty is prevalent among its population c. the country has not yet begun to industrialize d. the location of these resources makes it almost impos...
Monday, February 1, 2010 at 1:33pm

Managerial Economics
Given the demand & supply Function for product 'x' at california university have been estimated as: Qd= 5000- 4 (price)+ 0.2 (pop) Qs=-300 +5 (price)+ 0.5 (wage rate) i) determine the equilibrium price & quantity of product X. ii) Derive the demande & supply curves if ...
Monday, February 1, 2010 at 1:02am

microeconomics
Suppose a production possibilities frontier can be expressed as + = 9. The opportunity cost of going from 0 units of X to 1 unit of X is
Sunday, January 31, 2010 at 11:28pm

Bussiness Economics
disadvantages of specialization and division of labour
Sunday, January 31, 2010 at 12:35pm

Economics
advantages and disadvantages of allocating resources through the public sector
Saturday, January 30, 2010 at 10:04am

economics
Construct a production possibilities curve, be sure to properly label the axes.
Thursday, January 28, 2010 at 12:12am

Economics
Adam Smith's "invisible hand" refers to the role of A.the government B.customs and beliefs C. the market D. factors of production
Tuesday, January 26, 2010 at 9:48pm

Economics
4.20 Diamonds clearly satisfy less important needs than water, which is essential to life. Yet according to market prices, the essential commodity, water, is worth less than the less essential commodity, diamonds. Why would a vital com-modity such as water sell for so much les...
Tuesday, January 26, 2010 at 6:46pm

economics
are there hidden environmental and social costs
Tuesday, January 26, 2010 at 6:04am

Class choices!!
What are macroeconomics and microeconomics and what is the difference between the two?! I am trying to decide which class to take.
Monday, January 25, 2010 at 6:36pm

social studies
I'm about to sign up for classes and am wondering...what are microeconomics and macroeconomics and what are the differences between the two?? THANKS!
Monday, January 25, 2010 at 12:02am

12th grade economics
how might opportunity cost help to explain tha pattern of international trade?
Sunday, January 24, 2010 at 3:00pm

Managerial Economics
In an article about the financial problems of USA Today, Newsweek reported that the paper was losing about $20 million a year. A Wall Street analyst said that the paper should raise its price from 50 cents to 75 cents, which he estimated would bring in an additional $65 milli...
Saturday, January 23, 2010 at 11:40pm

economics
1. In an article about the financial problems of USA Today, Newsweek reported that the paper was losing about $20 million a year. A Wall Street analyst said that the paper should raise its price from 50 cents to 75 cents, which he estimated would bring in an additional $65 mi...
Saturday, January 23, 2010 at 7:43pm

economics
how to make a questions for the chapters 12,13 and 18 .
Saturday, January 23, 2010 at 12:24am

economics banking
i am looking to find factors that determine bank reserve ratios. i am looking at the central bank's lending rate to commercial banks and commercial banks lending rates( maybe average ) to cosumers (depositors). if anyone could help me find a place where all those rates can...
Tuesday, January 19, 2010 at 11:17am

Economics
Should a firm shut down its unprofitable operation. Firm uses 70,000 workers to produce 300,000 units of output per day. Daily wage is $100 p/worker dn price of firms output is $30. Other variable inputs is $500,000 p/day. Do not know the firms' fixed cost, but it is high ...
Tuesday, January 19, 2010 at 1:20am

Economics
If demand is price elastic, total revenue is a.directly related to quantity demanded b.inversely related to quantity demanded c.directly related to price d.directly related to price and inversely related to quantity demanded e.not related to either price or to quantity demanded
Tuesday, January 19, 2010 at 1:18am

Economics
Price elasticity is unit elastic at the midpoint of a linear, downward-sloping demand curve. a.True b.False
Tuesday, January 19, 2010 at 12:53am

Economics
Suppose consumers spent $42 million on Christmas trees last year when the average tree cost $30 and this year spend $42 million when the average tree costs $25. Assuming nothing else changed, this data suggests that a. consumers bought the same number of Christmas trees this y...
Tuesday, January 19, 2010 at 12:51am

Economics
The demand for Olin skis is likely to be? a. less elastic than the demand for skis in general b. more elastic than the demand for skis is general c. unit elastic relative to the demand for skis in general d. as elastic as the deman for skis in general e. greater than the deman...
Tuesday, January 19, 2010 at 12:47am

Economics
If an increase in price from $1 to $2 per unit leads to an increase in quantity supplied from 20 to 100 units then the value of price elasticity of supply is. a. 0.38 b. 2 c. 2.67 d. 4 e. 8
Tuesday, January 19, 2010 at 12:46am

Economics
If the demand curve shifts but supply curve doesn't & price remains the same supply must be perfectly inelastic? a. True b. False
Tuesday, January 19, 2010 at 12:44am

economics
Wheat farmers in Kansas would benefit from a devastating crop failure in N.Dakota if the U.S.demand for wheat? is... a. inelastic b. elastic c. unit elastic d. downward sloping e. perfectly elastic
Tuesday, January 19, 2010 at 12:41am

home economics
name two macronutrients and two micronutrients
Thursday, January 14, 2010 at 1:45pm

microeconomics
In each of the following situations, explain how government intervention could improve society’s welfare by changing people’s incentives. In what sense is the market going wrong? (2-part answers) a. Pollution from auto emissions has reached unhealthy levels.
Tuesday, January 12, 2010 at 5:13pm

economics
According to the “guns and butter” example, if a country decides to spend more on military goods, which of the following will happen?
Monday, January 11, 2010 at 11:20pm

economics
the calculation of GDP would include?
Monday, January 11, 2010 at 9:42pm

Civics and economics
Is the Washington munument an example of an American institution?
Sunday, January 10, 2010 at 8:09pm

Managerial Economics
Please check Here gasoline output is mesured in thousands of gallons, fiber output in the thousands of square feet, and crude oil in thousands of barrels. The product's profits per unit output are $.50 per gallon for gasoline and $.75 per square foot for fiber. The the res...
Saturday, January 9, 2010 at 4:49pm

english
- Computers - English - Foreign Languages - Health - Home Economics - Math - Music - Physical Education - Science - Social Studies GRADE LEVELS - Preschool - Kindergarten - Elementary School - 1st Grade - 2nd Grade - 3rd Grade - 4th Grade - 5th Grade - 6th Grade - 7th Grade - ...
Friday, January 8, 2010 at 1:36pm

economics
a monopolist, has a total cost curve given by TC = 5Q + 15. He sets two prices for his product, a regular price, PH, and a discount price, PD. Everyone is eligible to purchase the product at PH. To be eligible to buy at PD, it is necessary to present a copy of the latest Vietn...
Friday, January 8, 2010 at 5:53am

microeconomics
If all firms in an industry are price-takers, then ______.
Tuesday, January 5, 2010 at 9:19pm

home economics
how to do a time plan
Tuesday, January 5, 2010 at 5:53pm

12grade economics
suppose that your state raises its sales tax from 5 percent to 6 percent. the state revenue commissioner forecasts a 20 percent increase in sales tax revenue . is this plausible? explain.
Tuesday, January 5, 2010 at 10:22am

home economics
explain the term energy balance
Monday, January 4, 2010 at 5:21pm

microeconomics 3
. As tradition has it, Santa Claus is coming on the 5th of December from Spain to the Netherlands to bring gifts to Dutch children. Help is needed to distribute the gifts for which the Santa Claus committee is hiring helpers, so-called Zwarte Pieten. There are two types of Zwa...
Sunday, January 3, 2010 at 7:20am

Statistics
QNT 561: I want the Statistics question problems for chapter 3 and chapter 5 from the book "Statistical techniques in business and Economics" by Lind, Marchel and Wathen. Can somebody give the questions? Thanks.
Friday, January 1, 2010 at 9:00am

economics
As tradition has it, Santa Claus is coming on the 5th of December from Spain to the Netherlands to bring gifts to Dutch children. Help is needed to distribute the gifts for which the Santa Claus committee is hiring helpers, so-called Zwarte Pieten. There are two types of Zwart...
Wednesday, December 30, 2009 at 5:59am

university-health economics
dear Ms.Sue ...yes i am new to the forum and i have no idea about how it works ..i hope u can help me .about how to put an answer i think supply and demand are the basic forces of the market,but in the health sector it is difficult to say that
Tuesday, December 29, 2009 at 4:49am

university-health economics
It is estimated that people living in a city are hospitalized about 1.5 times as often as those living in the country side, yet their health outcome appears to be the same. Explain the reasons for this phenomenon.
Monday, December 28, 2009 at 4:53pm

university-health economics
Medical care is so special that normal economic forces do not apply and normal economic tools are not always used, explain the above statement.
Monday, December 28, 2009 at 4:49pm

university-health economics
Suppose hospital (A) has 500 patients/day and average cost of operation is $1500/day. Hospital (B) has 300 patients/day and average cost of $600/day. Hospital (C) has 100 patients/day and average cost of $600/day. What can you say about the most efficient size of hospital? Exp...
Monday, December 28, 2009 at 4:46pm

university-health economics
Given the following demand function for medical care: Q=100-5p Where: P = is the price of health service. Q = quantity demanded. What is the quantity demanded at p = 5. Draw the demand curve for medical care. Suppose the price rise to (6), calculate the change in consumer surp...
Monday, December 28, 2009 at 4:45pm

Managerial Economics
A CA resort offers year-round activities and the resort's operating costs are essentially the same in winter and summer. Mgmt charges higher nightly rates in the winter, when its average occupancy rate is 75%, than in the summer, when its occupancy rate is 85%. My questio...
Thursday, December 24, 2009 at 6:34pm

Managerial Economics
A CA resort offers year-round activities and the resort's operating costs are essentially the same in winter and summer. Mgmt charges higher nightly rates in the winter, when its average occupancy rate is 75%, than in the summer, when its occupancy rate is 85%. My question...
Wednesday, December 23, 2009 at 11:34pm

managerial economics
Suppose a manufacturer estimates its marginal cost at $1.00 per pack, it's own price elasticity at -2, and sets its price at $2.The company's settlement obligations are expected to raise its average total cost per pack by pack by about $.60. What effect will this have ...
Monday, December 21, 2009 at 10:52pm

macroeconomics
(Import Substitution Versus Export Promotion) Explain why domestic producers who supply a good that competes with imports would prefer an import-substitution approach to trade policy rather than an export- promotion approach. Which policy would domestic consumers prefer and why?
Monday, December 21, 2009 at 4:40pm

Macroeconomics
Discuss the differences between a flexible exchange rate and a fixed exchange rate. What measures can the government take to maintain fixed exchange rates?
Monday, December 21, 2009 at 4:39pm

Managerial Economics
As a VP of sales for a rapidly growing company, you are grappling with the question of expanding the size of your direct sales force (from its current level of 60 national salespeople). You are considering hiring from 5 to 10 additional personnel. How would you estimate the ad...
Sunday, December 20, 2009 at 5:15pm

Managerial Economics (bobpursely please help)
As a VP of sales for a rapidly growing company, you are grappling wirh the question of expanding the size of your direct sales force (from its current level of 60 national salespeople). You are considering hiring from 5 to 10 additional personnel. How would you estimate the ad...
Sunday, December 20, 2009 at 1:51pm

Managerial Economics
As a VP of sales for a rapidly growing company, you are grappling wirh the question of expanding the size of your direct sales force (from its current level of 60 national salespeople). You are considering hiring from 5 to 10 additional personnel. How would you estimate the ad...
Sunday, December 20, 2009 at 1:18pm

Managerial Economics
As a VP of sales for a rapidly growing company, you are grappling wirh the question of expanding the size of your direct sales force (from its current level of 60 national salespeople). You are considering hiring from 5 to 10 additional personnel. How would you estimate the ad...
Sunday, December 20, 2009 at 10:42am

Managerial Economics
A television station is considering the sale of promotional DVDs. It can have the DVDs produced by one of two suppliers. Supplier A will charge the station a set-up fee of $1200 plus $2 for each DVD; supplier B has no set-up fee and will charge $4 per DVD. The station estimate...
Saturday, December 19, 2009 at 10:07pm

Managerial Economics
(Economyst only Please): As a VP of sales for a rapidly growing company, you are grappling wirh the question of expanding the size of your direct sales force (from its current level of 60 national salespeople). You are considering hiring from 5 to 10 additional personnel. How ...
Saturday, December 19, 2009 at 8:08pm

Managerial Economics
(Economyst Only Please): A television station is considering the sale of promotional DVDs. It can have the DVDs produced by one of two suppliers. Supplier A will charge the station a set-up fee of $1200 plus $2 for each DVD; supplier B has no set-up fee and will charge $4 per ...
Saturday, December 19, 2009 at 8:05pm

home economics
what is obesity
Thursday, December 17, 2009 at 6:35pm

economics
why might one person work more, earn more, and pay more income tax when his or her tax rate is cut, while another person will work less earn less, and pay less income taxes under the same circumstances
Monday, December 14, 2009 at 9:28pm

Managerial Economics
From Table 4-1 in the text, determine by how much the demand for Florida Indian River oranges would change as a result of a 10 percent increase in the price of Florida interior oranges, and vice versa. Table 4-1: Type of Orange Florida Indian River Florida Interior Florida Ind...
Monday, December 14, 2009 at 6:59pm

Macroeconomics - Investment Tax Credit
Assume that some large foreign countries decide to subsidize investment by instituting an investment tax credit. Then the home country's real exchange rate will fall and its net exports will rise. I completely don't understand the above statement because I don't kn...
Monday, December 14, 2009 at 11:22am

Macroeconomics - NX & Tax
In a small open economy, if the government adopts a policy that lowers imports, then that policy raises the real exchange rate and does not change net exports. I don't get the above statement. From my understanding, lower imports means higher net exports from NX = Exports ...
Monday, December 14, 2009 at 11:20am

Macroeconomics - SOE
Statement: The lower our real exchange rate is, the less expensive domestic goods are relative to foreign goods, and the greater the demand is for next exports. I don't get the above statement, please look below to see if there is fault in my reasoning and explain why it i...
Monday, December 14, 2009 at 11:17am

macroeconomics
The initial Phillips curve relationship implied that the opportunity cost of __________ __________ was higher __________. If high unemployment lasts a long time, it could cause potential real GDP to fall. (true or false)
Sunday, December 13, 2009 at 8:21pm

macroeconomics
Most economists believe that the better fiat money serves as a store of value, the more acceptable it is. What does this statement mean? How could people lose faith in money?
Sunday, December 13, 2009 at 2:56am

macroeconomics
a. If the face value of a coin exceeds the cost of coinage, the resulting revenue to the issuer of the coin is known as _________________. b. A product that serves both as money and as a commodity is ________________. c. Coins and paper money circulating in the United States h...
Sunday, December 13, 2009 at 2:53am

macroeconomics
The federal budget passed by Congress and signed by the president shows the relationship between budgeted expenditures and projected revenues. Why does the budget require a forecast of the economy? Under what circumstances would actual government spending and tax revenue fail ...
Sunday, December 13, 2009 at 2:51am

macroeconomics
Increased government purchases, with taxes held constant, can eliminate a contractionary gap. How could a tax cut achieve the same result? Would the tax cut have to be larger than the increase in government purchases? Why or why not?
Sunday, December 13, 2009 at 2:49am

economics
testing procedures required by the US Food and Drug Administration raise the cost and price of drugs. Should we eliminate such requirements in order to ease inflationary pressures
Sunday, December 13, 2009 at 12:27am

economics
The Fed should simply increase the money supply at the same rate that the full employment economy grows, and the government should desist from any stabilizing urges." What school of thought would make this suggestion, and how do economists of that school justify that pres...
Sunday, December 13, 2009 at 12:26am

o level economics
We were asked to come up with a list of needs for ourselves, for our grandparents and for people our age in another continent. For my grandparents I have shelter from the war, warm blankets for winter. For someone my age in Africa I have money for school uniform and school fee...
Friday, December 11, 2009 at 9:28pm

Managerial Economics
Dell Computer Corp, the world's largest personal-computer maker, is keenly aware of everything its rival PC manufacturers decide to do. Explain why dell usually reacts more quickly and more substantially to pricing, product design and advertising decisions made by Hewlette...
Friday, December 11, 2009 at 7:21pm

Microeconomics - Pareto Efficient
Are all markets with deadweight loss pareto inefficient (including quotas, rent control, taxes, tarriffs, monopoly (unless there is price discrimination), oligopoly cournot model, oligopoly bertrand model and oligopoly stackleberg model)? Am I right? I think that pareto effici...
Friday, December 11, 2009 at 9:59am

Microeconomics - Normative Statements
Did I explain how normative statements are resolved and the differences between pareto and cost benefit analysis? To resolve normative statements when comparing social states, pareto or cost benefit analysis takes place. Pareto criterion can make social states either all bette...
Friday, December 11, 2009 at 9:54am

macroeconomics
If the operators of the golf course revised their revenue estimates so that each cart is expected to earn $100 less, how many carts would they buy at an interest rate of 8 percent? How many would they buy if the interest rate is 3 percent?
Thursday, December 10, 2009 at 7:05pm

macroeconomics
Real Disposable Consumption Income (billions) Expenditures (billions) Saving (billions) $100 $150 ______ 200 200 ______ 300 250 ______ 400 300 ______
Thursday, December 10, 2009 at 2:52pm

Macroeconomics
Assume the simple spending multiplier equals 10. Determine the size and direction of any changes in the aggregate expenditure line, real GDP demanded, and the aggregate demand curve for each of the following changes in spending: a. Spending rises by $8 billion at each income l...
Thursday, December 10, 2009 at 2:50pm

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