Recent Homework Questions About Economics
what circular flow the the following fall into 1)You receive $15,000 in profits from your half-owner of a Krispy Kreme franchise. 2)The Georgia Bulldogs sells season football tickets for $50.00. 3)What market determines the price per acre of farmland? 4)What market determines ...
Monday, September 1, 2014 at 9:36am
Math, Science, Sociology, Economics
Math: What is the answer to 1146(150+X)+8911(743+19X) Science: What is photosynthesis? Sociology: What is figuration and functionalism? Economics: What is Opportunity cost? Why is it relevant to life?
Wednesday, August 27, 2014 at 2:14am
Production Possibilities Curve (PPC) Worksheet All PPCs Reflect Increasing Opportunity Costs For Numbers 1-10, think the change affects all markets. On all graphs, place Consumer Goods on the X Axis and place Capital Goods on the Y. 1) Hurricane ...
Thursday, August 21, 2014 at 8:56pm
Phil received a midterm assignment for his economics class to write a business letter. He wants to achieve the highest score possible. What would help Phil the most? 1 knowing the length of the letter 2 knowing the rating scale 3 knowing the evaluators 4 knowing the scoring ...
Thursday, August 21, 2014 at 5:10pm
Suppose that the reserve ratio is .25, ad that a bank has actual reserves of $15,000, loans of $40,000, and demand deposits of $50,000. Excess reserves are $
Monday, August 18, 2014 at 9:19pm
PLEASE PLEASE HELP!!!! 1.WITH THE HELP OF DIAGRAMS,MAKE A DISTIOTION BETWEEN PERFECT COMPETITION AND MONOPOLOY IN THE SHORT AND LONG RUN 2.SUPPOSE A PROFIT MAXING FIRM IS PRODUCING AT AN OUTPUT LEVEL AT WHICH THE PRICE OF ITS PRODUCT IS LESS THAN THE AVERAGE TOTAL COST OF ...
Thursday, August 14, 2014 at 3:03pm
. When concert tickets are priced below equilibrium, who gets them? Is this distribution of tickets fairer than a pure market distribution? Is it more efficient? Who gains or loses if all the tickets are resold (scalped) at the market-clearing price?
Thursday, August 14, 2014 at 12:02am
Suppose Honda's total cost of producing 4 cars is $225,000 and its total cost of producing 5 cars is $250,000 a)What is the average total cost of producing 5 cars b)What is the marginal cost of the fifth car? c)Draw the marginal cost curve and the average total cost curve ...
Wednesday, August 13, 2014 at 11:11am
Economy Essay Outline/Structure Help
I'm writing a synthesis paper about why we should utilize middle-out economics (basically economics that focus on the middle class) I'm very new to the topic so I don't want to spread myself too thin or dive into something I don't know too much about. I'm ...
Sunday, August 10, 2014 at 2:46am
. A firm has prospective sales of $50 million, fixed costs of $60 million, and variable costs of $40 million. What does the firm do (a) in the short run? (b) in the long run?
Wednesday, August 6, 2014 at 7:02pm
economics,accounting,business studies and mathslit
Does i qualify to work at postoffice?
Sunday, August 3, 2014 at 3:15am
A company has developed the production function of Q=80L.5 K0.6 where L represents labor and K represents Capital. a. If L is increased by 2% with K unchanged, what is the resulting percentage change in output? b. Describe the nature of returns to scale for this production ...
Friday, August 1, 2014 at 9:22pm
Economics,business studies,agricultural sciences and maths literacy
Which careers i suitable?
Friday, August 1, 2014 at 10:31am
I was wondering if somebody could help me improve on my answers to these questions below. Thank you. One: Despite Watergate, did not Richard Nixon's presidency start the Republican ascendency of the following period? Why and how did this happen? -1. Yes it did. The ...
Tuesday, July 29, 2014 at 12:46pm
1) Give an example that you believe demonstrates when the cost of government actions outweighs the benefits.Identify the factors that may cause the costs of government actions to outweigh the benefits. I'm confused what does that mean? Thank you for your help!
Wednesday, July 23, 2014 at 8:21pm
Using an aggregate demand and supply diagram, explain how each of the following scenarios affects the equilibrium price level and aggregate output. Consider first the short-run, then the long-run equilibrium for each scenario. a) Consumers expect a recession, while resource ...
Tuesday, July 15, 2014 at 11:50am
Wireless high speed internet is provided for free in the airport of the city of communityville. a) At first, only a few people use the service. What type a good is this and why? Its a public good because it is neither excludable nor rival in consumption. b) Eventually, ...
Tuesday, July 8, 2014 at 9:15pm
HoneyBee Farms, a medium-size producer of honey, operates in a market that fits the competitive market definition relatively well. However, honey farmers are assisted by support prices above the price that would prevail in the absence of controls. The owner of HoneyBee Farms, ...
Monday, July 7, 2014 at 4:35pm
Four accounting majors, two economics majors, and three marketing majors have interviewed for five different managerial positions with a large company. Find the number of different ways that five of these people could be hired if the first two positions are to be filled by an ...
Monday, July 7, 2014 at 3:57am
Literature-Help me Ms. Sue
1. When does the Narrative of Sojourner Truth take place? A. right after the Emancipation Proclamation. . Before the Civil War. C. During the Civil War. D. After the Civil War 2. In emphasizing the importance of individual thinking and basing one's beliefs on one's own...
Thursday, July 3, 2014 at 11:39pm
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 ...
Thursday, July 3, 2014 at 3:21am
bussines studies economics accounting maths literacy
which job career do i qualify for?
Monday, June 30, 2014 at 4:29pm
mathematics / economics
By December 2014, your organization had an establishment of 500 employees when it decided to expand its operations because of growth of market products demand. The decision was to increase the labor strength progressively by 5 percent per annual over the two year period while ...
Wednesday, June 25, 2014 at 12:55am
Suppose that a perfectly competitive market is described by the following supply and demand equations: QD = 300 P and QS = 2P. Suppose that government subsidizes this good: for each unit sold government pays $15 to the seller. (a) What is the government expenditure on ...
Monday, June 23, 2014 at 3:12pm
A monopoly firm is faced with the following demand function P = 13 0.5Q The Marginal Cost function for the firm is given by 3 + 4Q and the total fixed cost is 4 Determine 1. The the profit maximizing output 2.The level of supernormal profit if any 3. The output level at...
Saturday, June 21, 2014 at 12:10pm
The US Commerce Department recently did not allow AT&T to buy T-Mobile because they would become the largest cell phone provider. This is in conflict with the world wide trend of:
Monday, June 16, 2014 at 6:48pm
subjects: tourism,mathematical literacy,economics and business.
What can I study with these subjects? Help!!!! Quick...I need answers now
Thursday, June 12, 2014 at 4:06am
Pure maths ,accounting ,business studies,economics
What careers can i do with these subjects?
Friday, May 30, 2014 at 1:50pm
Help! which one?! 8. All of the following are types of foreign direct investment (FDI) except _____. a foreign company merges with an existing firm in a less developed country (LDC) a foreign company takes over a firm in an LDC a foreign company enters into a partnership with ...
Thursday, May 29, 2014 at 6:27pm
7. The goal of the European Union is to _____. outdo the United States as an international trading nation coordinate tariffs among its members make a bigger trading bloc than that of the Asian nations create a single regional economy among its members
Wednesday, May 28, 2014 at 8:25pm
2. If Congress has determined that the budget will not be completed by September 30, it should _____. prepare appropriations bills to be reviewed by the President shut down the federal government pass legislation for emergency funding send a notice to the Congressional Budget ...
Tuesday, May 27, 2014 at 5:37pm
A New Hampshire resort offers year-round activities: in winter, skiing and other cold-weather activities; and in summer, golf, tennis, and hiking. The resorts operating costs are essentially the same in winter and summer. Management charges higher nightly rates in the ...
Saturday, May 24, 2014 at 11:02am
Some people would prefer a single income tax rate because it? A) would increase the governments revenue. B) is easier to calculate. C) would reduce the percent of income poorer families pay in income taxes. D)means everyone would pay the same income percentage in taxes.
Thursday, May 22, 2014 at 4:53pm
The strongest argument to favor government regulation of cell phone service grids is that A. there are too many cell phone service towers B. the government could provide better cell phone service C. in some metropolitan areas there are too many choices fro cell phone providers...
Thursday, May 22, 2014 at 4:40pm
Economics help please!!!
In a specific industry, two dominant firms work together to set prices. We call this A. competition. B. collusion. C. market dominance. D. market influence. Answer this Question
Thursday, May 22, 2014 at 4:02pm
Unemployment is on the rise though inflation is quite low. Gross Domestic Product is rising but more slowly than the goal rate. The Federal Reserve may buy government securities in open market operations in order to A. increase the money supply and encourage economic growth. B...
Thursday, May 22, 2014 at 2:53pm
Economics help please!
1. A limited liability company is the best form of business for owners who? A. are concerned about keeping their costs of production at a minimum level. B. want an outside company to handle all the business's finances. C. expect to eventually grow their company to compete ...
Thursday, May 22, 2014 at 2:32pm
Mixed economies A. have a standard set of government laws B. vary widely in the level of government regulations C. limit trade to only other countries with mixed economies. D. depend on international organizations for guidance and direction
Thursday, May 22, 2014 at 1:55pm
A decision making model is more beneficial than simple comparing costs and benefits because A. the decision making model encourages you to consider multiple options. B. a costs and benefits analysis encourages you to consider multiple options. C. the costs and benefits ...
Wednesday, May 21, 2014 at 6:53pm