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Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

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Literacy
_______ is the study of how to increase resources and create conditions that will make better use of resources. A. Resource development C. Macroeconomics B. Economics D. Microeconomics my answer is A
Saturday, January 21, 2012 at 11:55pm

Research paper(economics)
how many Parks and Resorts does Disney have? It's for an economic projects. thank you
Saturday, January 21, 2012 at 5:29pm

Research paper(economics)
How do you find how Ebay is doing economically, like an economic overview.
Saturday, January 21, 2012 at 4:17pm

Economics
1. A firm in a perfectly competitive market invents a new method of production that lowers its marginal costs. What happens to its output? What happens to the price it charges? a. The firm has an employee who threatens to tell all other firms in the industry about how to ...
Saturday, January 21, 2012 at 3:12am

economics
Which of the following is not an economic right or responsibility? Question 8 options: a.deciding where to live b. choosing an occupation c. paying taxes d. being happy
Friday, January 20, 2012 at 7:41pm

economics
While shopping you discover that your favorite department store has lowered the price on a hot, new MP3 player that you wanted to buy. You rush into the store, only to find that they are sold out. This scenario illustrates the concept of a) scarcity b) shortage Im confused !
Friday, January 20, 2012 at 7:40pm

economics
I'm doing a research about Ebay, We need: Brief history,Products and Economic overview. I did the history part but can't seem to find enough information about the latter two. Can someone help me? sources would be helpful
Tuesday, January 17, 2012 at 9:06pm

economics
I'm doing a research about Ebay, We need: Brief history,Products and Economic overview. I did the history part but can't seem to find enough information about the latter two. Can someone help me? sources would be helpful
Tuesday, January 17, 2012 at 9:06pm

Economics
4. Which of the following statements are positive in nature and which are normative? a. A tax cut will raise interest rates. I think it is Normative Economics
Tuesday, January 17, 2012 at 2:25am

Economics
Divide 825,000 by 40 million then round the answer to four (4) decimal places
Monday, January 16, 2012 at 7:28pm

Economics
In 2008 output for the country of OZ was 12,000 tons of potatoes and the total labor force 1,100 workers. In 2009 output for the country of OZ was 14,300 tons of potatoes and the total labor force 1,150 workers. b. The growth rate of average labor productivity between 2008 and...
Monday, January 16, 2012 at 12:20am

Agricultural economics
Would you characterize the market for food items in the US as purely competitive, monopolistic or oligopolistic?
Saturday, January 14, 2012 at 6:17pm

Economics
There are two groups of individuals of equal size, each with a utility function given by U(M) = sq. root(M), where M = 100 is the initial wealth level for every individual. Each member of group 1 faces a loss of 36 with probability 0.5. Each member of group 2 faces the same ...
Wednesday, January 11, 2012 at 4:18pm

Economics
How does the federal government implement its fiscal policies? Given economic conditions today, do you suggest expansionary fiscal policy or contractionary fiscal policy? How would your suggestions affect production and employment? Why? Hint: Don't confuse Fiscal with ...
Tuesday, January 10, 2012 at 4:39pm

economics
When an economist says that a currency has become stronger, he or she means that a) it will buy less of foreign goods. b)it can be exchanged for more of a foreign currency. c)services, unlike goods, can be exported freely. d)there are very few things that the currency cannot ...
Monday, January 9, 2012 at 10:22pm

Home- Economics
What are names of careers in home management?
Thursday, January 5, 2012 at 7:20pm

home economics
What are names of 10 careers in home economics management?
Thursday, January 5, 2012 at 4:14pm

economics
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? b) Eventually, as more find out about the service and start using it, the spend of a connection ...
Thursday, January 5, 2012 at 12:29pm

Economics (inflation)
Hello! Could someone please check my answers for the first 2 problems and help me out with the 3rd? Thanks! 1. If the CPI in 1863 was 9 and the CPI in 2000 was 171.9, how much has inflation increased (%) since 1863? I used the inflation rate equation and got a 1898.89% ...
Wednesday, January 4, 2012 at 5:04pm

economics
an example of a durable good would be
Tuesday, December 27, 2011 at 8:19pm

Economics
What is the maximum amount it would be worth to shareholders to elicit high CEO effort all the time rather low CEO effort all the time?
Saturday, December 17, 2011 at 9:18pm

economics
Write a 300 - 400 word essay explaining the advantages and disadvantages of international trade. Some possible areas to use are comparative advantage, gains from trade, and trade restrictions. Explain three advantages of international trade and explain three disadvantages of ...
Thursday, December 15, 2011 at 3:28pm

Economics
what is an economist view on this statement "It is not from the benevolence of the butcher, the brewer, or the baker that we expect our dinner, but from their regard to their own interest."
Tuesday, December 13, 2011 at 1:40pm

economics
I need help to put in Excel Sherwin -Williams exercise
Sunday, December 11, 2011 at 9:58pm

economics
The following are hypothetical exchange rates: 2 euros = 1 pound; $1 = 2 pounds. We can conclude that
Friday, December 9, 2011 at 6:31pm

Economics
i have to write a 5 page economics research paper about 3-4 economists and entrepreneurs. I was thinking about writing about Bill Gate (the obvious) Oprah (another obvious) and Steve Jobs. I have to give biographical information about each, and discuss the contributions of ...
Thursday, December 8, 2011 at 10:48pm

socials
ms. sue i have to make my own canadian version of the song " We did n 't start the fire" i have to have four decades 40-50's 60's 70's and 80-90's. I have to have 10 entries for each decade, and have to give explanation for one the entries from ...
Thursday, December 8, 2011 at 9:28pm

Economics
1. Using AD/AS, describe the short-run and long-run effects of an increase in the money supply on the equilibrium level of production and the price level. Be sure to explain what happens to Total Expenditures (using the 3 effects of spending changes as a result of changes in ...
Wednesday, December 7, 2011 at 12:00am

Economics
A monopolist is currently producing a level of output where Price = $110; Marginal Revenue = $10; Quantity = 100; Total Cost = $15,000; Marginal Cost = $10; Total Fixed Cost = $4,000. 1. To maximize profits in the short-run, the monopolist should: (a) Increase output (b) ...
Sunday, December 4, 2011 at 10:46pm

Economics
If the government announced the economy is headed into an expansionary period of rising real GDP and prices, businesses would most likely respond by: a. lowering wages so that they could afford to hire more workers b. dismantling some of existing production facilities c. ...
Sunday, December 4, 2011 at 9:26pm

Economics
Do you feel there are any imbalances to our wage structure in our economy? why? give an example
Sunday, December 4, 2011 at 9:05pm

Economics
A monopolist is currently producing a level of output where Price = $110; Marginal Revenue = $10; Quantity = 100; Total Cost = $15,000; Marginal Cost = $10; Total Fixed Cost = $4,000. 1. To maximize profits in the short-run, the monopolist should: (a) Increase output (b) ...
Sunday, December 4, 2011 at 4:15pm

economics
The current term-structure of spot interest rates for safe zero-coupon bonds is as follows: Maturity, in years Interest rate(r) 1 8% 2 10% 3 11% 4 12% 5 13% There is a safe bond B which has 4 years before maturity and pays a coupon of 12% at regular annual intervals and a face...
Sunday, December 4, 2011 at 7:25am

Economics
A monopolist is in long-run equilibrium and earning economic profits equal $100 million. The government imposes a lump sum tax of $100 million on the monopolist. (A limp sum tax is a tax the monopolist must pay regardless of its level of output) Will this tax: a) cause the ...
Saturday, December 3, 2011 at 9:26pm

economics
5.How would you decide what was the best level of emission reduction
Saturday, December 3, 2011 at 5:14pm

economics
A company is planning to invest $75,000 (before taxes) in a personnel training program. The $75000 outlay will be charged off as an expense by the firm this year (Year 0). The returns estimated from the program in the forms of greater productivity and less employee turnover ...
Friday, December 2, 2011 at 10:15pm

Fracking/Economics
I am having hard time getting information on fracking's effects upon the economy. help please and thank you!
Friday, December 2, 2011 at 2:01pm

economics
In 1 or 2 sentences, describe how money that you save in the bank can be channeled to an investor.
Friday, December 2, 2011 at 11:13am

economics
Payroll Tax- You are an economic consultant to a city that just imposed a payroll tax of $1 per hour of work. This payroll tax is paid by workers through a payroll deduction; for each hour of work, the employer deducts $1 and sends the money to the city government. The initial...
Tuesday, November 29, 2011 at 4:38pm

Economics
Harold owns a cranberry bog in which he grows cranberries. Harold’s farm is a competitive, profit-maximizing firm. As such, Harold much decide (i): how many cranberries to sell. (ii): what price to charge for his cranberries. (iii): what wages to pay his ...
Tuesday, November 29, 2011 at 12:14pm

Economics
Suppose that some firms in a competitive industry are earning zero economic profits, while others are experiencing losses. All else equal, in the long run, we would expect the number of firms in the industry to A. increase. B. decrease. C. remain the same. D. We do not have ...
Tuesday, November 29, 2011 at 12:12pm

Economics
If the market price falls below $4.50, the firm will earn A. positive economic profits in the short run. B. negative economic profits in the short run but remain in business. C. negative economic profits in the short run and shut down. D. zero economic profits in the short run.
Tuesday, November 29, 2011 at 12:11pm

Economics
A long-run supply curve is flatter than a short-run supply curve because A. firms can enter and exit a market more easily in the long run than in the short run. B. long-run supply curves are sometimes downward sloping. C. competitive firms have more control over demand in the ...
Tuesday, November 29, 2011 at 12:11pm

Economics
Variable cost divided by the change in quantity produced is A. average variable cost. B. marginal cost. C. average total cost. D. None of the above is correct.
Tuesday, November 29, 2011 at 12:09pm

Economics
How large would a corrective tax need to be to move this market from the equilibrium outcome to the socially-optimal outcome? A. An amount equal to P' minus P. B. An amount equal to P'. C. An amount equal to P. D. An amount equal to the external cost.
Tuesday, November 29, 2011 at 12:07pm

Economics
Suppose planting flowering shrubs creates a positive externality equal to $7 per shrub. Further suppose that the local government offers a $7 per-shrub subsidy to planters. The number of shrubs that are planted is then A. less than the socially optimal quantity. B. greater ...
Tuesday, November 29, 2011 at 12:06pm

Economics
Supply is Demand is Scenario A elastic elastic Scenario B elastic inelastic Scenario C inelastic elastic Scenario D inelastic inelastic Which scenario describes the market for oil in the long run? A. A B. B C. C D. D
Tuesday, November 29, 2011 at 12:05pm

Economics
Sandra purchases 5 pounds of coffee and 10 gallons of milk per month when the price of coffee is $10 per pound. She purchases 6 pounds of coffee and 12 gallons of milk per month when the price of coffee is $8 per pound. Sandra’s cross-price elasticity of ...
Tuesday, November 29, 2011 at 12:03pm

Economics
Which of the following would not interfere with market equilibria? A. a minimum wage B. a rent control C. a non-binding price floor D. a binding price ceiling
Tuesday, November 29, 2011 at 12:02pm

Economics
The price received by sellers in a market will decrease if the government Answer A. imposes a binding price floor in that market. B. decreases a binding price ceiling in that market. C. decreases a tax on the good sold in that market. D. increases a binding price floor in that...
Tuesday, November 29, 2011 at 12:01pm

Economics
Suppose the government has imposed a price floor on the market for soybeans. Which of the following events could transform the price floor from one that is not binding into one that is binding? A. Farmers use improved, draught-resistant seeds, which lowers the cost of growing ...
Tuesday, November 29, 2011 at 12:00pm

world history
Need Thesis help for essay on.... Hinduism, Confucianism and Buddhism are three of the world’s great belief systems. Compare and contrast their impact on the societies that embraced them. I started it Although Hinduism, Confucianism and Buddhism......each impacted their ...
Sunday, November 27, 2011 at 6:25pm

home economics
When were the Home Economics Courses dropped or greatly reduced by the school system in Ontario.
Sunday, November 27, 2011 at 6:14pm

Geography/Economics
I posted this question the other day and someone gave me a website but I didn't have any luck with it. One of the stages of economic growth is capital intensive, where wealth is created throught the efficient use of money and industrial manufacturing occurs. What latin ...
Sunday, November 27, 2011 at 4:59pm

economics
Canada and the US both produce wheat and computer software. Canada is said to have the comparative advantage in producing wheat if
Sunday, November 27, 2011 at 12:28pm

Statistics
The grades for Economics students at a large university are found to be normally distributed with a mean of 76 and a standard deviation of 4. What proportion of the students are expected to have a grade between 84 and 88?
Thursday, November 24, 2011 at 10:52pm

Economics/Geography
One of the stages of economic growth is capital intensive, where wealth is created through the efficient use of money and industrial manufacturing occurs. What latin american country fits into this stage & why?
Wednesday, November 23, 2011 at 7:01pm

Economics
Define the Law of Demand and the Law of Supply. Give an example for each.
Wednesday, November 23, 2011 at 3:22pm

Economics
3. Determine if the demand for the following products is price elastic or price inelastic, and explain your answer. In your explanation, be sure to include how the necessity of a good and the availability of substitutes affect the price elasticity of demand in each of these ...
Wednesday, November 23, 2011 at 3:21pm

economics
1. What is the maximum amount it would be worth to shareholders to elicit high CEO effort all the time rather low CEO effort all the time?
Tuesday, November 22, 2011 at 9:34pm

Economics
Suppose the production function is Y = 100(K3/10)(EN)7/10 and capital lasts an average of fifteen years. The rate of population growth is 0.5%. The rate of technological progress is 2.5%. The saving rate is 5%. A. Derive the equation for output per effective worker y = Y/EN = ...
Tuesday, November 22, 2011 at 8:49pm

economics
Suppose you decide to elicit high CEO effort when and if good luck occurs by paying the bonus for $1 billion outcomes only. What criticism can you see with this incentive contract plan?
Tuesday, November 22, 2011 at 8:47pm

home economics
What is the maximum amount it would be worth to shareholders to elicit high CEO effort all the time rather low CEO effort all the time?
Tuesday, November 22, 2011 at 8:46pm

economics
when you are given the units of resource, total product, and marginal product, what do you need to find to determine how many resources the firm will employ, what the MRP would be etc...
Sunday, November 20, 2011 at 10:34pm

economics
Explain how resources are allocated in a market economy. what should i talk bout,well i should i talk about the 3 types of economics system like fixed economy,free market,planned market and command market?
Sunday, November 20, 2011 at 10:36am

Economics-Ms.Sue
Why doesn't the United States have a normal economy?
Saturday, November 19, 2011 at 8:24pm

Economics
A firm is currently producing in the elastic portion of its demand curve. What course of action do you recommend for it assuming it wants to raise revenue? Continue producing at the current output level, because it maximizes its total revenue by producing in the elastic ...
Saturday, November 19, 2011 at 5:56pm

Economics
Jim left his previous job as a sales manager and started his own sales consulting business. He previously earned $70,000 per year, but he now pays himself $25,000 per year while he is building the new business. What is the economic cost of the time he contributes to the new ...
Saturday, November 19, 2011 at 5:43pm

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...
Saturday, November 19, 2011 at 10:31am

economics
Explain how output per capita can grow faster than labor productivity. Is it possible for labor productivity to grow faster than output per capita?
Friday, November 18, 2011 at 5:05am

economics
How do “rules of the game” affect productivity and growth? What types of “rules” should a government set to encourage growth?
Friday, November 18, 2011 at 5:02am

economics
# You produce shoes. Currently you produce 4 pairs of shoes at a total cost of %40. a)what is your average total cost (ATC) b)Suppose you could produce one more( fifth)pair at a marginal cost of $20. If you do produce that fifth pair of shoe, what will your average total cost ...
Friday, November 18, 2011 at 1:12am

Economics
Im trying to figure out my grade what would i need to get a c average in the class;39%,of my grade is is based on 3 assignments(i got so far 62%,80%,haven't done the last assignment yet), 3 exams each worth 20%( i got a 2%,40%, haven't taken the last one) and 1% for ...
Wednesday, November 16, 2011 at 12:24pm

managerial economics
Recently one of the nation’s largest consumer electronics retailers began a nationwide television advertising campaign kicking off its “Take It Home Today” program, which is designed to encourage electronics consumers to buy today rather than continue postponing...
Tuesday, November 15, 2011 at 1:10pm

managerial economics
draw a game tree when sony makes its technology decision first.does sony experience a first-mover advantage
Tuesday, November 15, 2011 at 11:22am

Managerial Economics
When developing short-run cost curves, it is assumed that all firms in perfect competition have the same cost curves and they all make identical short-run profits or losses. Contrast this to the real world and why individual firms might experience different cost curves and ...
Monday, November 14, 2011 at 3:43pm

home economics
Explain ow the term 'expiry date' relates to food purchasing.
Sunday, November 13, 2011 at 6:28pm

economics
since the AC curve in the problem is upward-sloping everywhere, it is not possible to construct a zero-profit equilibrium given the assumptions of the problem (this outcome requires a U-shaped AC curve). this problem will consider an alternative example where a long-run ...
Sunday, November 13, 2011 at 6:03am

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...
Sunday, November 13, 2011 at 5:43am

economics
The average 15- year- old purchases 12 CDs and 15 cheese pizzas in a typical year. If cheese pizzas are inferior goods, would the average 15- year- old be indifferent between receiving a $ 30 gift certificate at a local music store and $ 30 in cash? Explain.
Saturday, November 12, 2011 at 11:00pm

Economics
Suppose that the equilibrium quantity in the market for widgets has been 200 per month. Then a tax of $5 per widget is imposed on widgets. The price paid by buyers increases by $2 and the after-tax price received by sellers falls by $3. The government is able to raise $750 per...
Saturday, November 12, 2011 at 9:37am

economics
hi ,can someone enlighten me oh how financial statement helps in assessing the performance of a business.
Saturday, November 12, 2011 at 8:25am

economics
3. Based on your answers to Questions 1 and 2, should Leisure Products accept the Southeast order?
Saturday, November 12, 2011 at 12:49am

Managerial Economics
(Long-Run Average Cost Curve) Explain the shape of the long-run average cost curve. What does “minimum efficient scale” mean?
Friday, November 11, 2011 at 3:21pm

managerial economics, market concept
Celcom can be considered as an oligopoly industry in the telecommunication service provider in Malaysia. Justify the above statement. Thank you
Thursday, November 10, 2011 at 2:05am

economics
which of the following is not a goal of governmetn programs? A. To enforce private property rights B. To prohibit natural monopolies C. To reduce pollution D. To transfer money from higher-incom households to the poorest households E. To maintain price stability
Wednesday, November 9, 2011 at 11:00pm

Economics
Say you are the manager of a perfectly competitive firm selling a product. Your business is making a loss because total revenue is less than total costs. What would you do--shut down or continue to operate? Use hypothetical numbers to explain. Information you need to provide ...
Wednesday, November 9, 2011 at 8:59pm

Economics
The index most widely used by the government and the private sector to measure changes in the cost of living is the (a) the GDP deflator, (b) Producer Price Index, (c) The interest rate, (d) Consumer Price Index
Wednesday, November 9, 2011 at 3:01am

College economics
The long-run supply curve for a good is a horizontal line at a price $3 per unit of the good. The demand curve for the good is QD = 50-2P. (a) What is the equilibrium output of the good? (b) A $1 excise tax is imposed on the good. What will be the long-run effect on the ...
Tuesday, November 8, 2011 at 9:31am

Economics
The long-run supply curve for a good is a horizontal line at a price $3 per unit of the good. The demand curve for the good is QD = 50-2P. (a) What is the equilibrium output of the good? (b) A $1 excise tax is imposed on the good. What will be the long-run effect on the ...
Monday, November 7, 2011 at 6:08pm

Economics
The long-run supply curve for a good is a horizontal line at a price $3 per unit of the good. The demand curve for the good is QD = 50-2P. (a) What is the equilibrium output of the good? (b) A $1 excise tax is imposed on the good. What will be the long-run effect on the ...
Monday, November 7, 2011 at 6:05pm

economics
Suppose that bicycles are produced by a perfectly competitive, constant cost industry. Which of the following will have a larger effect on the long-run price of bicycles: (1) a government program to advertise the health benefits of bicycling, or (2) a government program that ...
Monday, November 7, 2011 at 5:58pm

statistics
The scores on an economics examination are normally distributed with a mean of 66 and a standard deviation of 14. If the instructor wishes to assign a grade of A to the top 10% of the class, what is the lowest score a student may have and still obtain an A?
Sunday, November 6, 2011 at 10:10pm

Economics
You are considering quitting work for two years to earn an MBA. Your current job pays $25,000 per year (after taxes), but you could earn $55,000 per year (after taxes) if you had a MBA at Southern University. Tuition is $10,000 per year and the cost of an apartment near campus...
Sunday, November 6, 2011 at 9:36pm

economics
Can you analyze and label at least 10 advertisements as to whether they are competitive or informative?
Sunday, November 6, 2011 at 2:09am

Economics
Thomas Malthus’s gloomy predictions for the future of humanity led ‘economies’ to be called a ‘dismal science’. Show either through the mathematics of production functions or intuitively, that predictions of such gloom may have been misplaced.
Saturday, November 5, 2011 at 10:27pm

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 ...
Saturday, November 5, 2011 at 10:24pm

Economics
Ross Perot added his memorable “insight” to the debate over the North American Free Trade Agreement (NAFTA) when he warned that passage of NAFTA would create a “giant sucking sound” as U. S. employers shipped jobs to Mexico, where wages are lower than wages...
Saturday, November 5, 2011 at 7:49pm

economics
A linear trend equation for sale of the form Qt = a + bt was estimated for the period 1993-2007 (i.e. t=1993, 1994, 2007) The results of the regression are as follow: Dependent variable : Qt, R-Square, F-ratio, P-Value on F Observations : 15, 0.6602, 25.262, 0.0002 Variable, ...
Saturday, November 5, 2011 at 1:16pm

economics
Market demand is given as QD = 200 – 3P. Market supply is given as QS = 2P + 100. Each identical firm has MC = 0.5Q and ATC = 0.25Q. What is each firm’s profit?
Thursday, November 3, 2011 at 2:42pm

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