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Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

Economics
Suppose you have $7,000 in savings when the price level index is at 100. A. If inflation pushes the price level up by 10 percent, what will be the real value of your savings? B. What is the real value of your savings if the price level declines by 10 percent?

economics
determine the relevance of taxation to Nigerian government. outline the difficulties encountered by tax collectors in nigeria.

economics
In your (imaginary) neighbourhood, the general consensus seems to be that 4 out of 5 cars are in good working order. The price for a good second-hand car is 2000$, while malfunctioning ones typically fetch 600$. (a) What is the expected value of a used car

Economics
What is the concept of the invisible hand?

Economics
A market failure is when markets do not bring about profit maximization?

Economics
The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive, but tastes just as good to her. In this case, Glenda’s elastic demand is due to A. availability of substitutes. B. relative importance. C. ...

Economics
The price of cranberry juice suddenly increases. As a result, Glenda begins drinking more grape juice, which is less expensive, but tastes just as good to her. In this case, Glenda’s elastic demand is due to i think is a but im not sure

bus235
An economics student would like to buy a mini-scooter, but she cannot afford one. Which of the following reasons explain why marketing fails to occur here?

Managerail Economics
After Iraq invaded Kuwait gasoline prices rose dramatically – up to 50%. These were many effects of the increased price of gasoline. Explain the following effects in terms of the income effect, or the substitution effect, or both effects. a)People drove less and purchased ...

Economics
How would a decision by the owners of the copper smelters to operate each smelter longer than has been the practice in the past affect the elasticity of demand for labour in the copper industry?

ECONOMICS
Singer Taylor Swift has a monopoly over a scarce resource: herself. She is the only person who can produce a Taylor Swift concert. Does this fact imply that the government should regulate the prices of her concerts? Why or why not?

economics
Keogh and Ira plans allow people to do sll the following except

tourism,geography,economics and math literacy
What career can I do with geography,economics,tourism and math literacy

economics
Is your consumer behavior influenced by advertising or the news? Discuss one or two examples of media that have influenced your desires or affected your consumer choices

economics
Give an example of a fairly major purchasing decision you've made in your lifetime. How did you justify the purchase? How did you prepare for it financially once you decided to make the purchase?

Economics
I need to write an essay titled " How are we all economists?" and I was wondering if you guys could give me some ideas on how to start it. Bulletpoints would be the most helpful.

economics
Maria can read 20 pages of economics in an hour. She can also read 50 pages of sociology in an hour. She spends 5 hours per day studying. a. Draw Maria's production possibilities frontier for reading economics and sociology. b. What is Maria's oppurtunity cost of reading 100 ...

economics
demand funtion for a commodity is=12-3p.

economics
what is franchise monopoly?

transport economics
how to analyse ITP

home economics
Janet Home went to Citizen Bank. She borrowed $7,000 at a rate of 8 percent. The date of the loan was September 20. Janet hoped to repay the loan on January 20. Assuming the loan is based on ordinary interest, Janet will pay back interest on January 20:

economics
what are mandatory and discretionary spending?

economics
Bob's lawn mowing service is a profit-maximizing competitive firm. Bob mows lawns for $27.00 each. His total cost each day is $280 , of which $30 is a fixed cost. He mows 10 lawns a day. What can you say about Bob's short-run decision regarding shut-down and long-run decision ...

Economics
. How could free Media Player software (either bundled or downloaded with windows) possibly harm consumers?

Economics
Protecting intellectual property rights can result in new inventions that help the economy to grow. True False

Economics
Assume that the average income of an artist is $40,000 per year and that C=0.75Y^P. Further assume that in a good year the artist earns $50,000 and that in a bad year she earns $30,000. 1)Calculate the artist's average propensity to consume on average, in a good year and in a ...

Economics
Suppose two passengers end up with a reservation to Los Angeles. Two alternatives are proposed: a. Toss a coin b. Sell the ticket to the highest bidder Compare the two options from the standpoint of efficiency and equity.

ECONOMICS
Suppose your college charges you separately for tuition and for room and board. What is a cost of attending college that is not an opportunity cost? What is an explicit opportunity cost of attending college? What is an implicit opportunity cost of attending college?

ECONOMICS
Name two types of market failure (with examples). Explain why each may cause market outcomes to be inefficient

ECONOMICS
A senator wants to raise tax revenues and make workers better off. A staff member proposes raising the payroll tax paid by firms and using part of the extra revenues to reduce the payroll tax paid by workers. Would this strategy achieve the senator's goal? Explain.

economics
quantity total cost what's the marginal cost? 0 8 2 9 4 10 6 11 8 13 10 19 12 27 14 37

economics
Examples of structural unemployment

Economics
How do I figure out the principal in the equation principal X rate X time? I am borrowing $255,920.00 which is the total amount of the home ($319,900.00) minus $63,980.00 (20%I put down). I am trying to figure out what my monthly payment on the loan which willneed to be paid ...

economics
what is structural unemployment?

economics
. If 96% of Chinese couples have one child (which is female 50% of the time), and the remaining 4% of Chinese couples engage in sex-selective abortion until they have a male child, what is the ratio of females per 100 males among the children (to the nearest whole number)? ...

Economics
I am doing a housing project for econimics class. I am buying a house that costs $319,900.00. I have to put 20% down which is $63,980.00. This is so I don't have to pay PMI. How much do I have to borrow?

Managerial Economics
Consider the Linear demand function Q = 20 - 0.5P c- Using calculus, find the level of output, Qrmax, where total revenue reaches its maximum value. What price Prmx maximizes total revenue? What is the value of TR at this maximum point. d- Write the equation for marginal ...

economics?
If you were president, would you be more interested in your economic advisors' positive views or their normative views ? Why ?

economics
1. If average movie attendance is 250 million when prices are $7 a ticket and 200 million when prices are $9 a ticket, the elasticity of demand for movie tickets is about: A. 0.0. B. 0.9. C. 1.1. D. 1.8.

Introduction to Business Environment Chapter 2
The world's population is growing more slowly than expected, and there are some industrial countries in which growth might be so slow that there will be too many old people and too few young people to support them. (Points : 1) True False 2. In a free market system, price is ...

economics 1, bus 121
how do i write a macroeconomic analysis on a foreign currency(brazil)vs. united states dating back 2005-2010, including etf? need help

economics
describe and compare the following types of monopolies and the benefits of their existence: natural, technological and franchises. thank you

EMS
mention and define any five concepts for each of the following subject,accounting;economics and business studies?

Economics
I have to do a housing project for economincs class. I have to pick a house. It has to include what kind of house it is and the square footage of the house and the square feet of the living space. Where would I search for this information

Economics
Present value equivalent for geometrically increasing series when the first year base of 4,000 increasing at 4% per year to year 15 at an interest rate 17% compounded continuously? urgent Help please

economics 1A
how does current production choices influence future production possibilities

ECONOMICS
Data Collected in the imaginary econmomy of Chipolaysia reveals that when the price of dorf decreased by 25%, the quantity of dorf sold increased by 10%, and the quanity of goo demanded decreased by 30%. What is the cross-price of demand between go and dorf.

ECONOMICS
solution:the total cost function of a firm is given by C=.04q^3-.9 q^2+10q+10.find slope of average cos?

economics
šPlease explain these question in words! š How will demand and supply curve shift? 1. Labor market for math and science teachers when wages available in private industries utilizing these skills rise. 2. Labor market for university professors when college enrollment ...

Economics
We're looking at the market for cat food. When the price is $10, the quantity sold is 1000 bags. When the price drops 10%, the quantity sold increases 30%. Calculate the price elasticity of demand. (Answer in format X.XX, round to the nearest hundredth.) I know the formula is...

Simple economics question
what are three examples of an oigopoly; what are three examples of a monopolistic competition? thank you!

Economics
A $90,000 investment is made. Over a 5 year period, a return of $30,000 occurs at the end of the first year. Each successive year yields a return that is $3,000 less than the previous year's return. If money is worth 5 percent, use a gradient series factor to determine the ...

Economics
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?

economics
What are the following variables used for in economics: Nominal GDP, Real GDP, GDP Deflator and CPI?

economics
critically and analytically justify why is agric economic is relevant to your course national diploma in animal healh and production

Economics
Joe's utility over consumption and leisure is given by c^(1/2)+@l^(1/2), where @ is a positive constant. Find and graph Joe's labor supply.

Economics
The following is a cost function for clinic visits in a small inner city clinic: a.Determine the marginal cost for each level of output. b.If the price per visit is given to be $25, at what level of visits will the maximum profit position be? What are the profits at this level...

economics
which product experience a larger change in price?

macro-economics
1.In an attempt to curb the problem of unemployment and win the forthcoming elections the government of the republic of zambia has decided to hire unemployed workers who had previously been receiving unemployment benefits as government employees and will now pay them to do ...

economics
Median income in a country rises by $5000 per year. The price of good X falls by $4. Quantity demanded for good x falls by 15,000 units per year. What can we say with good X?

AMERICAN GOVERMENT Would someone PLEASE check ans
1. The source of the Supreme Court’s authority is (D) moral suasion. judicial activism. concurring opinion. dissent. 2. When the Supreme Court hands down a decision, it is (A) often a mixed decision with majority, dissenting, and even concurring opinions. always a unanimous ...

Managerial Economics
Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software. Software Version Home Users Commercial Users Full featured version $175 $225 Disable version $150 $200 If the numbers...

Economics
Suppose the consumer has convex preferences, and we know (2, 4) ~(6, 1). Is the statement (4,2.5) >=(6, 1) correct? What about the statement (4, 2.5)> (6, 1)? Suppose now the consumer has strictly convex preferences, and and we know (2, 4) ~ (6,1). Does any of your ...

economics
data collected in the imaginary economy of karabekiar reveals that when price of bork increased by 20%, the quantity of bork sold decreased by 15% and the quantity of perf demanded decreased by 10% what is the cross-price elasticity of demand between perf and bork?

home economics
mention the types of disposal of fullness?

economics
Thursday, December 4, 2008 at 10:30pm by kim. PHYSICS 1. A 4.0 N force acts for 3 ... 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

Economics
One supply-side measure introduced by the Reagan administration was a cut in income tax rates. Use an aggregate demand/aggregate supply diagram to show what effect was intended. What might happen if such a tax cut also shifted the aggregate demand curve?

economics
If capital’s share of income is 25% and labor’s share of income is 75%, the stocks of both capital and labor increase by 50% (K/K = N/N = 0.5), and there is no technology growth, at what rate will potential output grow? Will the capital-labor ratio increase...

Economics
There are 10 identical consumers whose demand is D: p = 20 - 10q. There are 10 identical firms, each firm's marginal cost is MC(q)= 5 + 5q. The market is competitive. a) derive the market demand function b) derive the market supply function c) what is the market equilibrium ...

economics
If the government imposes a quantity tax on the consumption of a good, it means that the consumer has to pay for each unit of the good its price plus the tax. For example, if the price of a chocolate bar is $5 and the government imposes a tax of 20 cents on the consumption of ...

Economics Help ASAP!!?
1. How do they stock market performance indicators help predict the performance of the market? 2. What are their flaws?

Intermediate Macro Economics
To complete the analysis, Chuck wants to know more about the revenue that he can generate from his farm. The price of corn, p(y), depends on how much Chuck produces. The price function is speci ed as p(y) = 3 0:05y c. The revenue that Chuck can generate depends on both the ...

economics
The country of Arkanslavia had money supplies of 183 million arkollars in 2010 and 644 million in 2011. They have real output of 791 arkollars in both years. In Arkanslavia velocity was 7 in 2010 but changed to 5 in 2011. What is the difference in the price level between 2011 ...

Economics
a firm in a purely competitive industry is currently producing a 1000 unir per day at a total cost of $450. if the firm produced 800 units per day, it total cost will be $300, and it it produced 500 units per day, it total cost will be $275. Requirements: (1) what are the firm...

economics business studies maths literacy tourism
what are the courses for these subjects and careers

home economics
societies choose what share of their resources to devote to consumption

economics
Select a product and for that the government places a mandated price ABOVE the equilibrium price, based on your research how would this affect the market equilibrium, explain your view.

economics
How does a budget differ when you have an irregular income vs. a predictable income? irregular income is monthly budget.

economics
Jesse and Kimberly recently graduated from college and are starting a family. Currently, they are just making ends meet with their $45,000 salary. They want to contribute the maximum amount (currently $2,000) to fully fund an Educational Savings Account when their baby is born...

economics
Kimberly works for a well known financial company as a sales representative. She earns a small base salary but receives commission off every product she sells. Kimberly has basic living expenses in addition to a student loan. She wants to start adding to her Roth IRA and buy a...

Economics
Owners of digital cameras have to buy memory cards in order to use the cameras. Cameras and memory cards are: A. substitutes. B. complements C. unrelated. D. elastic.

Economics
In two or three paraghaphs,discuss how industrial growth in Texas has affected its natural resources

economics
Mary earns $100/day at a flower shop. She will take 2 days off without pay to attend an out of town wedding. Transportation will cost $180 round trip. Hotel $99/day for 2 nights. What is the opprotunity cost?

economics
The privatisation of public enterprises will lead to efficient management of resources in the economy. The statement can be best be described as

Economics
how did the wizard of oz(the movie) relate to the social and economic texture of america?

Economics
We created a new iPod for a scarcity project, and we can't come up with a slogan to save our lives. Help? Some of the features are picking songs based on your mood( like a mood ring) and being able to work through homework problems. It would be amazing, huh? Please help!

economics
John has a job that requires him to travel 3 of every 4 weeks. He has an annual budget and can travel either by train or by plaine. The airline on which he typically flies has a frequent traveler programme that reduces the cost of his tickets according to the number of milels ...

economics
John has a job that requires him to travel 3 of every 4 weeks. He has an annual budget and can travel either by train or by plaine. The airline on which he typically flies has a frequent traveler programme that reduces the cost of his tickets according to the number of milels ...

basic economics
The U.S. capitalist system relies on a theoretical model, the circular flow model, with three basic elements interacting together to ensure that our needs and wants are provided. The three sectors are (a)consumer, (b)business, and (c)government. The circular flow model shows ...

micro economics
2q-20q=8000/q

economics
1. Chipo has the following utility function of 2 goods Pies (X) and fanta (Y): U= log X + log Y. (a) show that the consumer maximizes utility subject to the budget constraint. (b) derive the demand functions of good X and good Y. 2. You are given the individual demand curves ...

economics
1. Chipo has the following utility function of 2 goods Pies (X) and fanta (Y): U= log X + log Y. (a) show that the consumer maximizes utility subject to the budget constraint. (b) derive the demand functions of good X and good Y. 2. You are given the individual demand curves ...

economics
1. Chipo has the following utility function of 2 goods Pies (X) and fanta (Y): U= log X + log Y. (a) show that the consumer maximizes utility subject to the budget constraint. (b) derive the demand functions of good X and good Y. 2. You are given the individual demand curves ...

economics.Help!!!
How the technical rate of substitution and marginal product are relates and what is their difference?

Economics
$2700 left in a variable rate interest bearing account in 1986 is worth how much today ?

Economics
- Explain how the federal government uses Fiscal Policy to avoid problems in the economy. - Historically, where has the Federal government spent the most money?

economics
the average tax charge is $95. Assuming a normal distribution as a standard deviation of $10, use the approximate areas beneath the normal curve to answer what proportion of tax prep fees were exactly $100?

Economics
Given the following information calculate the Marginal Revenues. I am getting lost on the order because I know the formula is change in TR/change in Q. Q Price TR 60 26,000 (60x26K) = 1,560,000 70 22,000 (1,540,000) 80 18,000 (1,440,000) 90 14,000 (1,260,000) 100 10,000 (1,000...

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...

Economics
The marginal revenue product (MRP) of land declines as more land is brought into production because: A.land is a "free and nonreproducible gift of nature." B.of diminishing returns. C.land rent has no incentive function. D.the supply of land is fixed.

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Homework Help: Social Studies

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