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July 29, 2014

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Recent Homework Questions About Economics

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Economics
Appalachian Coal Mining believes that it can increase labor productivity and, there-fore, net revenue by reducing air pollution in its mines. It estimates that the marginal cost function for reducing pollution by installing additional capital equipment is MC 40P where P ...
Monday, May 16, 2011 at 6:27pm

micro economics
For each event, illustrate the impact on the relevant market and determine what will happen to the equilibrium price and quantity in that market. Event Market for: Show which curve shifts Equilibrium price rise or fall? Equilibrium quantity increase or decrease? Economic ...
Friday, May 13, 2011 at 6:11pm

Finance, Economics
A small vessel (this means 10 year life) was purchased by a chemical company for $55,000 and is to be depreciated by MACRS depreciation. When its requirements changed suddenly, the chemical company leased the vessel to an oil company for 6 years at $10,000 per year. The lease ...
Thursday, May 12, 2011 at 10:05pm

economics
what cause the financial crisis that occurred in 2008
Thursday, May 12, 2011 at 1:52am

Economics
Budweiser (now owned by a Belgium based beer company), Miller and Coors who together produce 85% of all beer consumed in the US, each spend well over $250 million a year on television advertising campaigns, promoting their beer brands. Obviously, if one firm is advertising its...
Tuesday, May 10, 2011 at 7:58pm

economics
wo partners who own Progressive Business Solutions, which currently operates out of an office in a small town near Boston, just discovered a vacancy in an office building in downtown Boston. One of the partners favors moving downtown because she believes the additional ...
Monday, May 9, 2011 at 7:10pm

Economics
My micro econ prof was trying to explain marginal analysis and he said the following: If your marginal happiness is 0 then you are maximally happy. I don't understand this at all. Could someone explain this to me? Thanks!
Monday, May 9, 2011 at 2:20pm

Economics
Does the demand-pull theory represent a leakage or injection in the economy? I'm confused.
Monday, May 9, 2011 at 8:15am

history
how has "liberty and justice for all" changes from 1492 to 1865? may include race, class, religion, politics, gender, economics, culture
Monday, May 9, 2011 at 1:13am

Economics
In a period of inflation, does the exchange of goods and services speed up or slow down? Thanks
Sunday, May 8, 2011 at 2:49pm

health care ECONOMICS
How did the Haiti disaster affect healthcare costs in the United States in the short run
Friday, May 6, 2011 at 9:10pm

economics
Explain the effect on a company’s stock price today of the following events, other things held constant. a. the interest rate on the company’s bonds falls. b. Several companies in the same sector announce surprisingly slow sales. c. Changes in the tax laws passed ...
Thursday, May 5, 2011 at 11:58pm

economics
Two companies, A and B, produce widgets. Each can produce 0, 1, 2, 3, or 4 widgets (they can’t  produce fractions of widgets). Let X be the number of units produced by A, and Y be the number of units produced by B. Given X and Y, widgets will sell...
Thursday, May 5, 2011 at 2:42pm

economics
how does the study of economics helps you in decision making in your day to day activities
Wednesday, May 4, 2011 at 2:55pm

economics
why is it difficulty to identify the turning points in economic activity until months after they occur?
Wednesday, May 4, 2011 at 2:08pm

Economics 210
Information given is sample mean of 12 for a sample of 26. Sample deviation is 3. Using a .02 level of significance. H0 u< or equal to 10 and H1 u> 10 a. Is this a one or two tailed test? b. what is the decision rule? c. what is the value of the test statistic? d.what is...
Tuesday, May 3, 2011 at 7:32pm

ECONOMICS
Two price setting firms have the same price and marginal revenue functions but face different cost functions. These functions are provided below. P = 165 - 0.025Q MR = 165 - 0.05Q Firm 1: TC = 4,000 + 15Q Firm 2: TC = 3,000 + 22Q a. Assuming that both firms are profit-...
Tuesday, May 3, 2011 at 1:54pm

ECONOMICS
Q = 39,000 – 500P AVC = 30 + 0.005Q Q is quantity demanded and produced, and P is price of the product. Total fixed cost is $50,000. Assume these functions are based on monthly demand and production. A. What are the inverse demand and the MR revenue equations? B. What is ...
Tuesday, May 3, 2011 at 1:52pm

Economics
Q = 39,000 – 500P AVC = 30 + 0.005Q Q is quantity demanded and produced, and P is price of the product. Total fixed cost is $50,000. Assume these functions are based on monthly demand and production. A. What are the inverse demand and the MR revenue equations? B. What is ...
Tuesday, May 3, 2011 at 10:10am

home economics
In 10-15 line critically 5 ways in which the human or environmental problem impacts on the community.an relevant sources to support your claim
Monday, May 2, 2011 at 5:34pm

Economics
Use the following calculations in the relevant formulas to answer the questions Need Help don't know where to start n = 7 (Greek)E(x − x̄) = 4,924.00 x̄ =44 E(y − ȳ)= 904,627.43 ȳ =553 E(y − ŷ)= 35,168.50 Exy =235,843 E(ŷ...
Saturday, April 30, 2011 at 9:16pm

Economics
Use the following calculations in the relevant formulas to answer the questions Need Help don't know where to start n = 7 ¢²(x − x̄)©÷ = 4,924.00 x̄ =44 ¢²(y − ȳ)©÷ = 904,627.43 ȳ =553 ¢&...
Saturday, April 30, 2011 at 8:59pm

economics
Here are data for Germany and Japan on the ratio of employment to population in 1979 and 2003 1979 for Germany is 0.33 2008 for Germany is 0.49 For Japan 1979 is 0.48 2008 is 0.51 How would I find the average labor productivity for each country in 1979 and in 2008. Between ...
Friday, April 29, 2011 at 11:53pm

economics
This is my son who is in 10th grade homework assignment. I want to be able to help and not look like a dope! I really have no clue! 1. Why do economists consider growth in the average labor productivity to be the key factor in determining long run living standards? 2. And, Let...
Friday, April 29, 2011 at 2:41pm

economics
how perfect is the competition in the market for cola drinks ?
Friday, April 29, 2011 at 11:36am

food economics
what are the 3 other names by which animal proteins are called?
Tuesday, April 26, 2011 at 5:17pm

Economics
Explain two ways the Office of Fair Trading can protect the interests of consumers?
Tuesday, April 26, 2011 at 11:43am

home economics
STATE AND EXPLAIN THE BRANCHES OF HOME ECONOMICS.
Tuesday, April 26, 2011 at 8:13am

Economics
Hey! I'm doing an assignment in which I need to research a company (Qantas)and its performance on the ASX (Australian Securities Exchange). I know that some sources of information will be the Qantas website and the ASX website but are there any other websites maybe ...
Monday, April 25, 2011 at 8:31pm

ECONOMICS
How did the gold standard promote stability?
Monday, April 25, 2011 at 12:15pm

home economics
each individual has a budget line in which they follow for expenditures. if the income of the individual increases what is the effect on the budget line?
Friday, April 22, 2011 at 12:03am

Economics
In long-run equilibrium there will be no economic profit in a purely competitive static economy because: A) barriers to entry will prevent profit from arising B) there will be no uncertainty, no innovations, and no monopoly C) there will be no need for professional managers ...
Thursday, April 21, 2011 at 11:26am

Social Studies: Economics
identify three of your limited resources that you allocate daily
Wednesday, April 20, 2011 at 8:13pm

Economics
Bridget has a limited income and consumers only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle and the price of cheese is $4 per pound. The last bottle of wine added 50 units to Bridget’...
Wednesday, April 20, 2011 at 6:41pm

economics
3. Draw a simple T-account for First National Bank which has $5,000 of deposits, a required reserve ratio of 10 percent, and excess reserves of $300. Make sure you balance sheet balances
Wednesday, April 20, 2011 at 2:48pm

Economics
Slim city is a town resided by slim people, with no health club in town. LA Fatness has estimated that the annual demand for their Fatness Club in this town to be Q = 160 - P. Every Club member has a marginal cost of $40, and the annual fixed cost of the business is $500 (...
Tuesday, April 19, 2011 at 11:08pm

economics
use the expenditure equation for gdp=c+i+g+xn find the values for each sector for the years 1929 and 1933. determine the precentage change for the two years.
Tuesday, April 19, 2011 at 9:44pm

Economics
In long-run equilibrium there will be no economic profit in a purely competitive static economy because: 1- barriers to entry will prevent profit from arising. 2-there will be no uncertainty, no innovations, and no monopoly. 3- there will be no need for professional managers ...
Tuesday, April 19, 2011 at 4:11pm

Economics
Suppose you deposit $5,000 in a bank which pays 10 percent interest compounded twice a year. The actual annual interest rate you receive is: a- 10 b-11 c-10.25 d-12
Tuesday, April 19, 2011 at 3:55pm

Managerial Economics
As vice president 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 sales people) You are considering hiring from 5 to 10 additional personnel. How would you ...
Monday, April 18, 2011 at 5:52pm

Economics
explain how the wage can adjust to balance the supply and demand for labor while simultaneously equaling the value of the marginal product of labor
Monday, April 18, 2011 at 9:03am

economics
Jerry will receive the following payments: 946 in year 3, 929 in year 5 and 958 in year 9. What is the purchasing power of the present value of these payments if the market interest rate is 17% per year and the inflation rate is 6% per year?
Sunday, April 17, 2011 at 10:05pm

economics
Tom plans to gamble each year for the next 20 years, starting at at the end of year 1. If he loses 4.47 dollars in odd years (i.e., years 1, 3, 5, etc) and wins 7.46 dollars in even years (i.e., years 2,4, 6 etc), what will be Tom's (internal) rate of return per year from ...
Sunday, April 17, 2011 at 9:59pm

economics
Consider a project with a positive rate of return. Suppose the discount factor solutions to the equation which determines the internal rate of return (ROR) of the project are given by 0.8502, 2.0207, -0.1767. What is the project's ROR?
Sunday, April 17, 2011 at 9:45pm

economics
productivity....as a result of the ..... .... .
Sunday, April 17, 2011 at 8:58pm

Economics - Cost benefit analysis
Imagine that there are two cohorts of 100 patients each. One group got the flu vaccine and other group did not. Outcomes Vaccine Group Outcomes = 90 patients without the flu No-Vaccine Group Outcomes = 50 without the flu Costs Vaccine Group Costs = $100 per vaccination; $200 ...
Saturday, April 16, 2011 at 7:34pm

Economics
Gear strategy has managed to improve the livelihood of the poor in south africa
Saturday, April 16, 2011 at 7:28am

Private Property
Hi. Im learning about economics, and I am not really strong in this area. So I would like to know what this term means. Private Property. Please try to simplify it as much as possible so that I understand.
Friday, April 15, 2011 at 10:52pm

home economics
How many eggs should be added in to a standard chocolate cake recipe? :) k cool thankss
Friday, April 15, 2011 at 5:21pm

economics
some study guide questions i am stumped on 1 uncertainty about the future is likely to a increase current spending b either increase or decrease c decrease current spending d no impact on current spending think it's d 2 as the general price level increases the amount of ...
Friday, April 15, 2011 at 10:05am

home economics
Wha is leisure?give 5 implications of leisure
Friday, April 15, 2011 at 7:13am

home 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 t o75 cents, which he estimates would bring in an additional $65 ...
Thursday, April 14, 2011 at 2:41pm

home economics
Bridget has a limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese. The price of wine is $10 per bottle, and the price of cheese is $4 per pound. The last bottle of wine added 50 units to Bridget's...
Thursday, April 14, 2011 at 2:26pm

Economics
In the long run, what effect will a decrease in aggregate demand have on real output?
Wednesday, April 13, 2011 at 1:56pm

economics
What is the economic rationale for the Federal government to dictate that 7.5 billion gallons of renewable fuel be produced by 2012?
Wednesday, April 13, 2011 at 1:48pm

Economics
Do you feel there are imbalances to our wage structure on our economy?
Tuesday, April 12, 2011 at 7:10pm

Economics
what is the purpose of the market system
Tuesday, April 12, 2011 at 10:53am

economics
each individual has a budget line which they follow for expenditures. If the income of the individual increases what is the effect of the budget line?
Monday, April 11, 2011 at 6:18am

Economics
Why does the government try to tackle restrictive practices?
Friday, April 8, 2011 at 3:26pm

Economics
Why is it important for the government to regulate the activities of natural monopolies? Can you name 2 restrictive practices carried out by a company?
Thursday, April 7, 2011 at 5:43pm

economics
how would you illustrate the impact of each of the following events on a production possibilities curve for factory goods and farm goods? a.) the computer in invented b.)1 million farm workers remain unemployed for six months c.) a drought
Thursday, April 7, 2011 at 2:45pm

Economics & Business
what are the 3 advantages and 3 diasadvantages of having large companies for consumers and other businesses in te same industry.
Wednesday, April 6, 2011 at 3:27pm

home economics
what are 3 benifits of food imports into ireland?
Wednesday, April 6, 2011 at 1:30pm

home economics
Why do some workers make more money than others
Wednesday, April 6, 2011 at 12:46am

economics
what are 3 criteria used to evaluate taxes?
Tuesday, April 5, 2011 at 6:31pm

Economics
1. You read the following information about the economy: Real GDP up three percent from a year ago. Unemployment rate of 6.1 percent. Consumer Price Index up six percent from a year ago. Index of Leading Indicators up for the last six months. Prime interest rate of ten percent...
Tuesday, April 5, 2011 at 1:10pm

SCI 275
. Final Project: Mitigation Strategies and Solutions • Resource: Appendix A • Use the topic you chose for the Capstone Discussion Question or choose another topic you have learned about over the past 8 weeks. • Focus on a specific environmental problem in your ...
Saturday, April 2, 2011 at 4:43pm

home economics
I have to make a cold dessert. I am thinking of making a trifle. I am not sure whether we will be able to heat the custard, can I use cold custard? Or is there something else I could use instead of custard. Any help would be good. Many thanks.
Friday, April 1, 2011 at 9:01am

economics
Suppose a monopolist faces production function Q = 3KL and demand function Q = 12 − P. Derive the input demand (as a function of Q, r and w) for capital and labor.
Thursday, March 31, 2011 at 11:54pm

Economics
Heya! Okay so what income can be earned from land and what can be earned from enterpreneurship. I know that its profit for capital and wages/income for labour Thanks!
Thursday, March 31, 2011 at 3:13am

home economics
what is an extraction rate
Tuesday, March 29, 2011 at 6:42pm

Economics
You are a utilitarian social planner and have a very limited number of vaccines to a new and potentially deadly virus. How do you allocate them? Do you: (A) give them to specific groups, such as high-risk populations, or (B) sell them to the highest bidder and rebate the ...
Tuesday, March 29, 2011 at 4:52pm

home economics
IMPORTANCE OF ELECTRICITY TO THE DEVELOPMENT OF HOME ECONOMIS
Monday, March 28, 2011 at 10:54am

economics
Consider an economy with the production function L^(1/3) a) Derive the Labor demand Curve b) If Labor supply curve is L^s= (w/p), calculate the equilibrium levels of real wage, labor and output. c) Assume M^s= 45 and k=3 . What is the equation of the aggregate demand curve for...
Sunday, March 27, 2011 at 10:09pm

economics
What is the face value of a municipal bond that has a bond (or coupon) interest rate of 6% per year and makes interest payments of 578 dollars every 1 months?
Sunday, March 27, 2011 at 7:08pm

Economics
Anna’s net income is $40,000 per year. What is the most she should spend towards housing each year?
Sunday, March 27, 2011 at 4:41pm

Economics
“Many countries peg their own currencies to the greenback; these countries import U.S. inflation when the Fed makes a mistake.” Why would these countries “import” inflation. A. this is incorrect because countries only import goods or services B. this is ...
Sunday, March 27, 2011 at 10:10am

Economics
“On a net basis, foreigners sold a record $22 billion of long-term Treasury debt in November. A repeat performance would fuel market nightmares about _______ Treasury rates and a _______ dollar.” The blanks are best filled with A. falling; rising B. falling; falling ...
Sunday, March 27, 2011 at 10:09am

Economics
“The strength of the GDP data only highlighted the diverging views between the dollar bulls, who predict that strong growth will support the currency, and the bears who warn that stronger growth will only serve to widen the current account deficit and thus undermine the ...
Sunday, March 27, 2011 at 10:07am

economics
What are the components of aggregate expenditure? In the model developed in this chapter, which components vary with changes in the level of real GDP? What determines the slope of the aggregate expenditure line?
Saturday, March 26, 2011 at 1:40am

Economics
U.S. Pharmaceutical of Korea* U.S. Pharmaceutical of Korea (USPK) was formed in 1969. Its one manufacturing plant is located just outside Seoul, the capital. Although the company distributes its products throughout South Korea, 40 percent of its total sales of $5 million were...
Friday, March 25, 2011 at 1:09pm

economics
List the types of potential segmenting dimensions, and explain which you could try to apply first, second and third in a particular situation. If the of nature of the situation would affect your answer. Explain why
Friday, March 25, 2011 at 11:23am

Managerial Economics
Are organizations more risk adverse or individuals more risk adverse? Is one more risk tolerant? Use economic theory to explain your position.
Thursday, March 24, 2011 at 6:07pm

survey of economics
How would you compute changes in Microsoft’s volume of output from one year to the next? How would price changes affect your computations?
Wednesday, March 23, 2011 at 6:57pm

economics
Y= consumption X= Disposable income Y X 5,000 10,000 A 8,000 20,000 B Refer to info above. The slope of the line between points A and B is: A) .3 B) 2.3 C) 3.3 D) indeterminate from this information. How do you figure this out. What is the math to calculate this? Can any one ...
Monday, March 21, 2011 at 11:31pm

Economics
why is it appropriate for the government to encourage private firms to build new roads.
Sunday, March 20, 2011 at 7:18am

ECONOMICS
What are three benefits for the economy of government's building and maintaining roads?
Sunday, March 20, 2011 at 5:50am

economics
Explain why economic policies aimed at stabilization can actually increase, rather than decrease, the magnitudes of economic fluctuations.
Thursday, March 17, 2011 at 9:50pm

economics
what does most economists believe about the future of business cycles?
Thursday, March 17, 2011 at 11:04am

Economics
Indicate at which point flat-of-the-curve medicine is experienced in the following example (imagine that antibiotics have been prescribed for a given population of 1,000 elderly persons).
Monday, March 14, 2011 at 7:42pm

economics
The majority of the world’s diamonds comes from Country A and Country B. Suppose that the marginal cost of mining a diamond is $1,000 per diamond and that the demand schedule for diamonds is as follows: Price Quantity $ 6,000 5,500 5,000 6,500 4,000 7,500 3,000 8,500 2,...
Monday, March 14, 2011 at 5:30pm

Economics
can anyone tell me what are the current major economical topics. i have to a letter in economics class but i don't know what topic to write on thanks in advance
Monday, March 14, 2011 at 5:05pm

Economics - Theory of the Firm
If Average Variable Cost AVC = 10 + Q and P = 50. Find: Total Cost TC, Total Fixed Cost TFC, Total Variable Cost TVC, Average Total Cost ATC, Average Fixed Cost AFC
Monday, March 14, 2011 at 11:45am

Economics
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
Sunday, March 13, 2011 at 11:22pm

Economics - anyone have any thoughts on this?
A)Who has more monopoly power---Wal-Mart or the concessionaire who has acquired the franchise to sell beer, hot dogs, colas, candy, etc., at a Washington Redskins football game? Explain. B)Who has more monopsony power---Wal-Mart or teams in the National Football League (NFL) ...
Sunday, March 13, 2011 at 8:42pm

economics
show working production function: q = 6l – 0.5l2 where q = number of car washes per hour and l = number of workers. a) generate a schedule showing total product, average product and marginal product. (5 marks) b) the price of a basic car wash is $50. how many workers ...
Sunday, March 13, 2011 at 8:38pm

Managerial Economics
George, the owner of a car wash is trying to decide on the number of people to employ based on the following short–run production function: Q = 6L – 0.5L2 Where Q = number of car washes per hour and L = number of workers. a) Generate a schedule showing total product...
Sunday, March 13, 2011 at 7:16pm

economics
Eric borrowed 515 dollars today and has agreed to pay back in equal monthly installments over 6 years. The bank charges Eric 4.94% per year, compounded monthly. What is the amount that Eric will owe the bank at the end of month 20 (that is, after the 20-th installment has ...
Sunday, March 13, 2011 at 7:05pm

Marketing
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? (Points : 1) two or more parties with unsatisfied needs a desire on the part of each to satisfy the other no assessments ...
Saturday, March 12, 2011 at 11:34am

Economics - repost - assistance is appreciated
A)Who has more monopoly power---Wal-Mart or the concessionaire who has acquired the franchise to sell beer, hot dogs, colas, candy, etc., at a Washington Redskins football game? Explain. B)Who has more monopsony power---Wal-Mart or teams in the National Football League (NFL) ...
Wednesday, March 9, 2011 at 3:46pm

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