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Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

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economics
Which of the following is given as a reason for nations NOT to engage in free trade? A) Free trade gives consumers access to goods they might not otherwise be able to consume B) Tariffs are a good source of revenue for a nation C) Trade is shown to promote peace among nations ...
Friday, February 18, 2011 at 11:27am

Economics
Discuss whether the minimum wage will reduce the poverty trap? I need 3 ways for and 3 ways against
Wednesday, February 16, 2011 at 5:27pm

managerial economics
Where might I find the answer to the following: US cigarette makers face enormous punitve damage penalties after a series of class action lawsuits. In spite of these the cigarette makers were able to avoid bankruptcy. I need to explain why and how using elasticity, supply, ...
Wednesday, February 16, 2011 at 5:18pm

economics
why was the federal reserve established ?
Tuesday, February 15, 2011 at 5:09pm

managerial economics
Discussing employee benefits, using the consumer behavior theory. Question is how do you think flexible benefit packages affect an employee's preference between higher wages and more benfits?
Tuesday, February 15, 2011 at 12:28pm

Keynesians economics
The relevant of manageria economics to profit and non profit making of an organisation.
Tuesday, February 15, 2011 at 5:33am

consumer economics
Phonecia deposits $300 into a simple interest account that pays 3%. After 7 months what will be the total value of her account? A.$309.00 B. 305.25 C. $321.00 D. $9.00
Monday, February 14, 2011 at 6:26pm

international business
what effect might the economics socioeconomic forces wthin south korea have on a products potential
Monday, February 14, 2011 at 4:14pm

managerial economics
assuming that the firm's goal is to maximize present value of the profits in the subsequent 5 years, which of the following flows of profit would achieve that goal? Justify your answer. Note that the flows are represented by 5-tuples, i.e. five number each of which ...
Monday, February 14, 2011 at 1:19pm

Economics
Rank in order from best to worst, the economic systems(command, market and mixed) according to which, in theory, best attempts to meet the conditions of The Human Development Index. Why did you rank them this way. I am thinking (in theory): 1-command 2-mixed 3-market The The ...
Monday, February 14, 2011 at 12:33pm

Economics
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 -1000 Right -...
Monday, February 14, 2011 at 11:18am

economics
Suppose you wish to invest X dollars in a bank account which pays 5% per year. You want to use this account to pay for costs that appear each year, starting with year 15. The amount you have to pay in year 15 is 276.71 and then the payments grow at a rate of 5% per year until...
Sunday, February 13, 2011 at 8:55pm

MBA
How might you specify a simple random sample of 100 first year students at European School of Economics?
Sunday, February 13, 2011 at 5:04am

Economics
How would a communist economy react to social and technological changes? What is the role of nature in a communist economy? I can't find any information on these subjects. Could someone please help me? Thanks so much
Friday, February 11, 2011 at 1:43pm

Economics
I have to fill in the following for a fascist economy. Ownership of resources = private Philosophers= Karl Marx (are there more?) Role of government= to controls production and allocation of resources Reaction to social and technological Change= don't know Role of nature= ...
Thursday, February 10, 2011 at 5:09pm

Economics
Today's supply curve of classrooms on campus is likely to have a price elasticity of: less than one equal to one greater than one Can anyone please assist? Thanks
Thursday, February 10, 2011 at 1:46pm

Economics
Today's supply curve of classrooms on campus is likely to have a price elasticity of: less than one equal to one greater than one Can anyone please assist? Thanks
Thursday, February 10, 2011 at 1:38pm

economics
Question 1. An accurate statement about the Great Depression would be that? A. it was a recession that became a depression because of World War II. B. it was set off because of a sharp and unexpected rise in interest rates. C. it was the most severe economic downturn in the ...
Thursday, February 10, 2011 at 1:09pm

Engineerin Economics
Sensotech Inc., a maker of microelectromechanical systems, believes it can reduce product recall by 10% if it purchases new software for detecting faulty parts. the cost of the new software is $$ 225000. 1- how much would the company have to save each year for 4 years to ...
Wednesday, February 9, 2011 at 10:50pm

Engineering Economics
Sensotech Inc., a maker of microelectromechanical systems, believes it can reduce product recall by 10% if it purchases new software for detecting faulty parts. the cost of the new software is 225000. 1- how much would the company have to save each year for 4 years to recover ...
Wednesday, February 9, 2011 at 10:19pm

Economics
Why is restriction of trade likely to reduce material welfare
Wednesday, February 9, 2011 at 2:43pm

economics
what stock market should i invest in besides apple that would be good????????? please help me!!!!!!!!!!!!!!!!!!!!!!
Tuesday, February 8, 2011 at 11:32am

Economics
ARBOC ARBEZ WHEAT COFFEE WHEAT COFFEE 120 0 120 0 0 30 0 20 8. The terms of trade are 2 units of wheat per unit of coffee, Arboc should produce which good? Arbez should produce which good? 9. The terms of trade are 5 units of wheat per unit of coffee, Arboc should produce ...
Monday, February 7, 2011 at 9:04pm

managerial economics
Final Project A Final Project Is Due The Last Class Session. In Your Final Project, Describe And Answer In Economic Terms A Managerial Decision You Have Knowledge About (For Example One That Has To Be Made At Your Place Of Employment). Some Examples Essays and Term Papers
Monday, February 7, 2011 at 5:20pm

Economics
Below is the production possibility information of small nations Arboc and Arbez, which can produce two goods, wheat, and coffee. The maximum quantity of each good is shown in the table below. Assume the two nations trade in a world containing many small nations. Costs are ...
Monday, February 7, 2011 at 4:31pm

Micro economics
Below is the production possibility information of small nations Arboc and Arbez, which can produce two goods, wheat, and coffee. The maximum quantity of each good is shown in the table below. Assume the two nations trade in a world containing many small nations. Costs are ...
Monday, February 7, 2011 at 3:58pm

Economics
Below is the production possibility information of small nations Arboc and Arbez, which can produce two goods, wheat, and coffee. The maximum quantity of each good is shown in the table below. Assume the two nations trade in a world containing many small nations. Costs are ...
Monday, February 7, 2011 at 3:33pm

economics
Jerry is considering buying today a new bond which makes infinite annual payments. In particular the bond pays its holder 557.3 dollars one year from the day of purchase and the annual payment increases by 129.32 dollars each year thereafter. What is the maximum amount that ...
Sunday, February 6, 2011 at 6:13pm

Economics
the price of labor is $100 per unit and the price of capital is $20 per unit. What will the long-run total cost and long-run average cost of producing 120 units?
Sunday, February 6, 2011 at 11:50am

economics
In order to have money for their daughter's college education, a young couple started a savings plan into which they made intermittent deposits. They started the account with a deposit of 128.44 dollars (in year zero) and then added 421.97 dollars in year 3, and 723.46 ...
Saturday, February 5, 2011 at 5:26pm

economics
Nair Inc. bought a "growing perpetuity" bond. The bond will pay 631.85 dollars at the end of year 1 and the payment will increase by 2.5 percent each year forever thereafter. Assuming the interest rate is 11.26% (forever), what is the maximum amount that Nair Inc. ...
Saturday, February 5, 2011 at 5:19pm

economics
Suppose you wish to create a scholarship fund which will pay 73.43 each year for the next 14 years. If you accomplish your task by depositing a single amount today into a bank account which pays 12.91% per year, what must the deposit amount be? (Accuracy is at the second ...
Saturday, February 5, 2011 at 2:22pm

economics
the smith company made and sold 10,000 metal tables last year. when output was between 5,000 and 10,000 tables, its average variable cost was $24. in this output range, each table contributed 60 percent of its revenue to fixed costs and profit. what was the price per table?
Saturday, February 5, 2011 at 12:49am

economics
2. Suppose that the quantity of corn supplied depends on the price of corn, p; and the amount of rainfall, R: The demand for corn depends on the price of corn, p; and the level of income, Y: The equations that describe the supply and demand relationships are Qs = 20R+100p Qd...
Friday, February 4, 2011 at 10:39pm

Managerial Economics
The Largo Publishing House uses 400 printers (workers) and 200 printing presses to produce books. A printer's wage rate is $20 per hour and the price per hour of a printing press is $5,000. The last printer hired added 20 books (per hour) to total output, while the last ...
Friday, February 4, 2011 at 5:46pm

economics
Redstone Clayworks, Inc. is located in Sedona, Arizona and manufactures clay fire pits for patios. They are one of about two dozen firms around the world that manufacture and sell clay fire pits for retailers such as Home Depot, Lowe’s, Front Gate, and other upscale home ...
Friday, February 4, 2011 at 1:26pm

Economics
I am given four pictures and I am asked to determine which are needs and which are wants. They are: -An airplane -A plate of breakfast(eggs, toast, beacon) -A child's bed -A sports car I think: airplane= want plate of breakfast= need Child's bed= need sports car = want...
Thursday, February 3, 2011 at 2:13pm

economics
Fill in the blanks below with ↑ to indicate an increase in the variable or with ↓ to indicate a decrease in the variable. Answer the questions with a brief written response. A) Consumption > Production ⇒ Economy is Out of Equilibrium ⇒ Inventories __...
Wednesday, February 2, 2011 at 6:41pm

managerial economics
U.S.Supreme Court Justice examines government's role in controlling & managing health risks. One major problem examined is cleanup of hazardous waste sites. He wish to see waste sites 100% clean. a. Explain, using theory of optimization & a graph, the circumstances under ...
Wednesday, February 2, 2011 at 3:03pm

home economics
explain principles and elements of design?
Tuesday, February 1, 2011 at 9:02pm

Economics
Are chickens and and cows examples of capital goods? Capital goods are items used in the creation of other goods. Because chickens create eggs and cows make milk, are they consumer goods?
Tuesday, February 1, 2011 at 4:17pm

economics
1. Using optimization theory, analyze the following quotations: a. “The optimal number of traffic deaths in the United States is zero.” b. “Anny pollution is too much pollution.” c. “We cannot pull U.S. troops out of Iraq. We have committed so much ...
Monday, January 31, 2011 at 10:52pm

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 is invented (b) 1 million farm workers remain unemployed for six months (c) a drought
Monday, January 31, 2011 at 2:52pm

economics
Suppose you wish to borrow 635.08 dollars today from a bank which charges interest at a rate of 4.14% per month. You promise to pay the loan back over 14 years by making the same payment each month (starting with month 1). What will be your montly payment?
Sunday, January 30, 2011 at 10:16pm

economics
Trucking giant Yellow Corp agreed to purchase rival Roadway for $ 133.67 million in order to reduce so-called back-office costs (e.g., payroll and insurance) by $22.65 million per year. If the savings were realized as planned, what would be the annual rate of return on the ...
Sunday, January 30, 2011 at 8:11pm

economics
If your marginal utility from your last session with your personal trainer is equal to the price she charged you, then
Friday, January 28, 2011 at 6:36pm

Economics
What are good stocks to invest in besides apple?
Friday, January 28, 2011 at 11:34am

economics
. Suppose you are a stock market analyst specializing in the stocks of theme parks, and you are examining Disneyland’s stock. The Wall Street Journal reports that tourism has slowed down in the United States. At Six Flags Magic Mountain in Valencia, California, a new ...
Wednesday, January 26, 2011 at 9:25pm

Economics
Explain the entities social regulation affects and how it affects them.
Wednesday, January 26, 2011 at 12:21pm

Economics
Please correct if I have stated the right correlation to the following relationships: a) volume of auto traffic and auto accident rate -> 0 correlation b) pesticide and crop yield -> negative correlation c) consumption and GDP -> positive correlation
Tuesday, January 25, 2011 at 9:45pm

Economics
What are the basic characteristics of pure competition, and the importance of understanding of the pure competitive economic model to the manager of the real world firm.
Monday, January 24, 2011 at 3:12pm

ECONOMICS
suppose that DVD player producers find that they are selling more DVD players at the same price than they did 2 years ago. is it a shift of demand curve or a movement along the demand curve? suggest at least four reasons why this rise in sales at an unchange price might occur.
Sunday, January 23, 2011 at 7:09am

economics
The table provides data on the demand for and the supply of eggs in the United States. At a price of _____________ there would be a surplus. Price (per dozen) $0.50 $1.00 $1.50 $2.00 $2.50 Quantity Demanded 90 80 70 60 50 Quantity Supplied 30 50 70 90 100 Answer Question 9 ...
Friday, January 21, 2011 at 12:29pm

ECONOMICS
The relative price of personal computers has dropped drastically over time. would you explain this falling price in terms of demand or supply changes? what factors (at least 4) are likely to have caused the demand or supply shifts that did occur?
Friday, January 21, 2011 at 1:52am

economics
which of these is most likely favored by both management of labor? a. an increase in wages b.cutbacks in health coverage due to rising health care costs c. establishment of a profit sharing plan d. guarantees against layoffs e. new work rules to increase output i think the ...
Thursday, January 20, 2011 at 5:18pm

economics
The Acme Machinery Company is a closed shop. This means that: A.union members are not employed. B.only union members are employed. C. both union and nonunion members are employed D. the company boycotts union-made products. E.
Thursday, January 20, 2011 at 4:53pm

economics
Where would ypu expect the least amount of trade?
Thursday, January 20, 2011 at 4:23pm

AP Economics
Which economic question does the decision to produce butter instead of guns answer? 1.What to produce? 2.How to produce? 3.For whom to produce? 4.Who has a comparative advantage in gun production? 5.Who has an absolute advantage in butter production? I am a little confused on ...
Thursday, January 20, 2011 at 10:44am

economics 212
How will the federal reserve control the Quantity of Money Supply and why?
Wednesday, January 19, 2011 at 3:10pm

economics 212
how Has the federal reserve been effective? Why? or Why Not?
Wednesday, January 19, 2011 at 3:10pm

home economics
is it ethical or unethical to take a computer home to complete a work-related assignment
Wednesday, January 19, 2011 at 2:45pm

ECONOMICS
The relative price of personal computers has dropped drastically over time. would you explain this falling price in terms of demand or supply changes? what factors (at least 4) are likely to have caused the demand or supply shifts that did occur?
Wednesday, January 19, 2011 at 6:04am

ECONOMICS
UrGENT, PLS ANSWER MY QUESTION IMMEDIATELY!!! For each pair of commodities,state which do you think is more elastic and give your reasons:perfume and salt; penicillin and icecream; automobiles and automobile tires.
Wednesday, January 19, 2011 at 5:58am

economics
Suppose the USA and Canada are considering to trade. Assume there are only two goods in the economy: wheat and corn. The table below illustrates what each country can produce in a given year. Wheat Corn USA 4 2 Canada 5 8 In this case, which country should produce wheat? Why? ...
Tuesday, January 18, 2011 at 7:10am

Economics
Suppose the demand curve for a monopolist is Qd = 500 – P, and the marginal revenue function is MR = 500 -2Q. The monopolist has a constant marginal and average total cost of $50 per unit. A. Find the monopolist’s profit- maximizing output and price. B. Calculate the...
Monday, January 17, 2011 at 8:00pm

Economics
Suppose the demand curve for a monopolist is Qd = 500 – P, and the marginal revenue function is MR = 500 -2Q. The monopolist has a constant marginal and average total cost of $50 per unit.
Monday, January 17, 2011 at 7:14pm

economics
what are the non-monetary benefits of growing tobacco, of working as a plumber's assistant, and of working as a carpenter during the spring and summer and storing travel trailers for a local campground and selling oysters during the fall and winter?
Monday, January 17, 2011 at 6:39pm

home economics
examples of career in home economics
Monday, January 17, 2011 at 6:04pm

Economics
When policymakers set prices by legal decree, they...? a. obscure the signals that normally guide the allocation of society’s resources. b. are usually following the advice of mainstream economists. c. improve the organization of economic activity. d. are demonstrating a ...
Sunday, January 16, 2011 at 1:04pm

economics
Karen can make 15 wristbands and only three pot holders in one hour. Anna can make 12 wristbands but 2 potholders in one hour. What is the opportunity cost of a pot holder? Who has a comparative advantage in the production of pot holders?
Friday, January 14, 2011 at 8:28pm

economics
You have the following data. A monopolist produces 1000 units of output per month, and sells it at the price of 10 each. You know that the monopolist does not do any price discrimination, and you also know that the price-cost margin of this firm (P-MC)/P is evaluated at 0.2. ...
Thursday, January 13, 2011 at 5:50am

Economics
For each pair of commodities, state which you think is the more price-elastic and gave your reasons: perfume and salt; penicillin and ice cream; automobiles and automobile tires; ice cream and chocolate ice cream.
Wednesday, January 12, 2011 at 10:28pm

economics
according to the law of demand,when the price of an item goes up,the quality demanded?
Wednesday, January 12, 2011 at 4:55pm

Civics and Economics
what is the purpose of a fillibuster
Monday, January 10, 2011 at 7:06pm

Economics
Who gets scarce resources in a market economy? A) the government B)whoever is willing and able to pay the price C)whoever wants them D)Whoever the government decides gets them
Monday, January 10, 2011 at 5:19pm

Business and Economics
What are two reasons why the EU have limited exports to China and their effect on trade relationships?
Monday, January 10, 2011 at 3:45pm

Economics
Explain the entities affected by industrial regulation in terms of market structure.
Sunday, January 9, 2011 at 4:14pm

Home Economics
Why arethere two sinks side by side in the kitchen?
Sunday, January 9, 2011 at 8:47am

Economics
Assume that the gross national debt initially is equal to $3 trillion and the federal government then runs a deficit of $300 billion. i. What is the new level of gross national debt? Gross national debt is the total amount outstanding in public and private debt in a country. ...
Saturday, January 8, 2011 at 3:29pm

economics
The 31 members of the board of the Student S. Inc. are about to take a secret ballot whether to accept the merger proposal of Student G. Corp. Each member can vote to accept the proposal, reject the proposal or to abstain. For the proposal to be accepted, 16 members must vote ...
Friday, January 7, 2011 at 10:28am

basic economics mastrianna
will economics ever develop into an exact acience?
Thursday, January 6, 2011 at 12:07am

ECONOMICS
What would be the risks and benefits of a young healthy person choosing a managed care plan What would be the risks and benefits of an older person with a chronic disease selecting a managed care plan?
Monday, January 3, 2011 at 1:12pm

Economics
explain why the cost tructure associated with many kinds of information goods and services might imply a market supplied by a small number of large firms. At the same time, some internet businesses such as grocery home deliveries have continually suffered steeplosses ...
Sunday, January 2, 2011 at 10:25pm

Economics
How does high unemployment lead to consumer confidence improving? I looked up Consumer confidence which is the degree of optimism that consumers feel about the overall state of the economy and their personal financial situation. But wouldn't high unemployment be worse than...
Sunday, January 2, 2011 at 4:19pm

Economics
What are 2 disadvantages of being an unskilled worker?
Sunday, January 2, 2011 at 1:18pm

Economics
What impact has the development of machinery and automation had upon the labor force?
Sunday, January 2, 2011 at 1:17pm

Economics
What are several factors that affect the productivity of a worker?
Sunday, January 2, 2011 at 1:17pm

Economics
How does the quantity and quality of a country's natural resources affect it's productivity?
Sunday, January 2, 2011 at 1:16pm

economics
Investment may be thought of in each of these terms except: A. resources B. money spent C. percent of GDP D. imports vs. exports I think it's D but I'm not sure.
Wednesday, December 22, 2010 at 8:36pm

economics
Investment will tend to be low when the: A. capacity utilization rate is high and the interest rate is high. B. capacity utilization rate is high and the interest rate is low. C. capacity utilization rate is low and the interest rate is low. D. capacity utilization rate is low...
Wednesday, December 22, 2010 at 8:09pm

A.P. Economics
1. Marginal is the change in one variable due to a unit change in another. For example, the change in the X value from 2 to 3 is 1 or a "unit change", which leads to an increase in Y from 12 to 21 or a "marginal increase" in the Y value of 9. The symbol &#...
Wednesday, December 22, 2010 at 11:31am

economics PLEASE HELP
According to the permanent hypothesis, households will tend to react to a temporary tax cut by: A. assuming the new tax level will be permanent. B. saving most of the additional disposable income. C. increasing consumption sharply in response to the higher disposable income. D...
Monday, December 20, 2010 at 11:20pm

economics please ?
When quantity supplied equals quantity demanded: A. there is disequilibrium B. the marked is cleared C. there is excess quantity demanded. D. there is excess quantity supplied I'm stuck between C and D but I think it's D?
Monday, December 20, 2010 at 8:04pm

economics
When quantity supplied equals quantity demanded: A. there is disequilibrium B. the marked is cleared C. there is excess quantity demanded. D. there is excess quantity supplied I'm stuck between C and D but I think it's D?
Monday, December 20, 2010 at 7:32pm

economics
Black markets result from: A. price floors B. price ceilings C. shifts in demand D. competitive price outs I think it's C?
Monday, December 20, 2010 at 7:20pm

economics
If the equilibrium price of an hour with a personal trainer is $45 and the market price is currently $55, then there is: A. a surplus of personal trainers. B. a shortage of personal trainers. C. equilibrium D. none of the above I think it's A?
Monday, December 20, 2010 at 6:50pm

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 ...
Monday, December 20, 2010 at 1:55pm

history
Identify and define the two other items (in addition to supply-side economics) that were a part of Reagan’s economic agenda.
Wednesday, December 15, 2010 at 10:31pm

History
Explain “supply-side” economics or “Reaganomics.
Wednesday, December 15, 2010 at 2:55pm

Economics
Moore Company is considering an expansion project. It would require the acquisition of an asset that would be depreciated straight line to zero over the 4 years of the project. It expects to be able to sell the asset for $50,000 at the end of year 4. If the project is ...
Tuesday, December 14, 2010 at 5:21pm

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