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April 19, 2014

Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

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Economics
What are your choices?
Wednesday, March 28, 2012 at 11:41am

Economics
Which part of this question don't you understand? http://www.investopedia.com/terms/f/fore​ign-investment.asp#axzz1qQVVL59F
Wednesday, March 28, 2012 at 11:40am

please help
Jiskha doesn't have a tutor who specializes in economics, but try this: http://www.khanacademy.org/ Scroll all the way to the bottom of this webpage to find the microeconomics and macroeconomics sections.
Wednesday, March 28, 2012 at 11:31am

Economics
What is Foreign investment?
Wednesday, March 28, 2012 at 11:24am

Economics
Foreign aid from developed countries to underdeveloped countries is typically used for what?
Wednesday, March 28, 2012 at 11:16am

economics help needed
You should indicate the school subject. That will usually result in a speedier response
Wednesday, March 28, 2012 at 11:07am

economies
and I meant to put economics not economies i was rushing
Tuesday, March 27, 2012 at 4:55pm

Social Studies
Ok well I still have physics and um economics and U.S history wow plus englsh, government & Geometry that I need help on
Tuesday, March 27, 2012 at 1:48pm

home economics
we have 2 types of kitchen. They are private and public/general kitchen
Monday, March 26, 2012 at 12:52pm

Economics
What does this sentence mean? "Economies of scale are experienced when average costs per unit of production fall as the size of output grows"
Monday, March 26, 2012 at 7:36am

economics
No hablo mctaemhtiaian
Friday, March 23, 2012 at 11:57pm

economics
Young Saul, a budding mctaemhtiaian and printer, is making himself a fake ID. He needs it to say he’s 21. The problem is he’s not using a computer, but rather he has some symbols he’s bought from the store, and thatâ...
Friday, March 23, 2012 at 10:43pm

Economics
I've been picked to ask a presenter in our class about his presentation on Kyoto Protocol. What are some good questions I can ask? One question I think I'll be asking is "Do you think the Protocol is a success? (is it effective)
Thursday, March 22, 2012 at 7:21pm

economics
A monopoly firm is different from a competitive firm in that A. there are many substitutes for a monopolist's product while there are no substitutes for a competitive firm's product B. a monopolist's demand curve is perfectly inelastic while a competitive firm'...
Wednesday, March 21, 2012 at 2:02pm

Economics
The market demand in a Bertrand duopoly is P = 15 - 4Q, and the marginal costs are $3. Fixed costs are zero for both firms. Which of the following statement(s) is/are true? a.P = $3. b.P = $10. c. P = $15. d. None of the statements associated with this question are correct. I...
Wednesday, March 21, 2012 at 1:53pm

Economics
I was guessing between A or D. Thank you, David. Greatly appreciate it.
Wednesday, March 21, 2012 at 1:13am

Economics
D Rule 1 of microeconomics The optimal quantity for essentially everything is where marginal revenue = marginal cost
Wednesday, March 21, 2012 at 12:59am

Economics
The spirit of equating marginal cost with marginal revenue is not held by a.perfectly competitive firms. b.oligopolistic firms. c.perfectly competitive firms and oligopolistic firms. d.none of the statements associated with this question are correct.
Tuesday, March 20, 2012 at 11:11pm

Economics
Two identical firms compete as a Cournot duopoly. The demand they face is P = 100 - 2Q. The cost function for each firm is C(Q) = 4Q. The equilibrium output of each firm is: A. 8 B. 16 C. 32 D. 36
Tuesday, March 20, 2012 at 11:10pm

Mangerial Economics
Consider a Cournot duopoly with the following inverse demand function: P = 50 - 0.2Q1 - 0.2Q2. The firms' marginal cost are identical and given by MCi(Qi) = 2. Based on this information firm 1 and 2's reaction functions are A) r1(Q2) = 4.8 - 0.5Q1 and r2(Q1) = 4.8 - 0....
Tuesday, March 20, 2012 at 11:09pm

Economics
The market demand in a Bertrand duopoly is P = 15 - 4Q, and the marginal costs are $3. Fixed costs are zero for both firms. Which of the following statement(s) is/are true? a.P = $3. b.P = $10. c.P = $15. d.None of the statements associated with this question are correct.
Tuesday, March 20, 2012 at 11:07pm

Economics
Two firms compete as a Stackelberg duopoly. The inverse market demand they face is P = 62 - 4.5Q. The cost function for each firm is C(Q) = 8Q. The outputs of the two firms are: A. QL = 48; QF = 24. B. QL = 35; QF = 6. C. QL = 6; QF = 3. D. None of the statements associated ...
Tuesday, March 20, 2012 at 11:07pm

Managerial Economics
The demand for health club services is Q = 350 − 2P and the marginal cost of providing these services is MC = 110 + 2Q. If a two-part tariff pricing system is used, what is the optimal price and quantity combination? a.P = 52 and Q = 240 b.P = 199 and Q = 52 c.P = 26 ...
Tuesday, March 20, 2012 at 10:59pm

Economics
A local video store estimates their average customer's demand per year is Q = 7 - 2P, and knows the marginal cost of each rental is $0.5. How much should the store charge for each rental if it engages in optimal two-part pricing? Answer A. $0.35 B. $0.5. C. $0.7. D. $1.00.
Tuesday, March 20, 2012 at 10:57pm

Economics
Suppose a manager is interested in implementing third-degree price discrimination. The manager knows that the price elasticity of demand for Group 1 is -2 and the price elasticity of demand for Group 2 is -1.2. Based on this information alone we can conclude that the price ...
Tuesday, March 20, 2012 at 10:53pm

Economics
If a firm supplies separable markets with price elasticities h1 = -3 and h2 = -2, it should set prices P1 and P2 so that: a.2/3P1 = 1/2P2 b.3P1 = 2P2 c.2P1 = 3P2 d.P1 = P2 e.2P1 = 2/3P2
Tuesday, March 20, 2012 at 10:52pm

Economics
The price elasticity of demand for senior citizens purchasing coffee from McDonald's is -5 while non senior citizens have a price elasticity of demand equal to -1.25. If is cost McDonald's $0.02 to produce a coffee, the optimal price for a cup of coffee for non senior...
Tuesday, March 20, 2012 at 10:50pm

Economics
Suppose you are the marketing manager for the Fruit of the Loom. An individuals' inverse demand for Fruit of the Loom women's underwear is estimated to be P = 25 - 3Q (in cents). If cost to Fruit of the Loom to producing women's underwear is C(Q) = 1 + 4Q (in ...
Tuesday, March 20, 2012 at 10:49pm

Economics
A monopoly produces widgets at a marginal cost of $8 per unit and zero fixed costs. It faces an inverse demand function given by P = 38 - Q. Suppose fixed costs rise to $200. What will happen in the market? A.The firm will decrease its output and lower its price. B. The firm ...
Tuesday, March 20, 2012 at 10:47pm

Economics
If a firm supplies separable markets with price elasticities h1 and h2, it should set prices P1 and P2 so that: a.P1 /h1 = P2 /h2 b.P1/(1 - 1 /h1) = P2 / (1 - 1/h2) c.P1(1 + 1/h1) = P2 (1 + 1/h2) d.P1 = 1 - 1/h1 and P2 = 1 - 1/h2 e.P1h1 = P2h2
Tuesday, March 20, 2012 at 10:45pm

Economics
dafds
Monday, March 19, 2012 at 9:13pm

Math/Economics
If one kilogram of flour costs $2 in Canada, and 100 shillings in Kenya, what would Purchasing Power Parity predict the Kenyan shilling to be worth in Canadian dollars?
Monday, March 19, 2012 at 4:41pm

Economics
Consider an economy with a constant nominal money supply, a constant level of real output Y = 100, and a constant real interest rate, r = 0.10. Suppose that the income elasticity of demand is 0.5 and the interest elasticity of money demand is –0.1. By what percentage ...
Monday, March 19, 2012 at 11:26am

Economics
http://en.wikipedia.org/wiki/Kyoto_Proto​col
Sunday, March 18, 2012 at 8:07pm

Economics
what is the kyoto protocol?
Sunday, March 18, 2012 at 7:45pm

Economics
Does anyone know?
Sunday, March 18, 2012 at 7:30pm

Economics
If one kilogram of flour costs $2 in Canada, and 100 shillings in Kenya, what would Purchasing Power Parity predict the Kenyan shilling to be worth in Canadian dollars
Sunday, March 18, 2012 at 4:42pm

Economics(Please respond, thank you)
The table below shows the market basket quantities and prices for the base year (year 1) Base year 1 Price in price Quantity base year yr 2 Product Pizza 15 $3 $3.75 t-shirts 4 $10 $9 rent 1 $500 $550 In year 1 the CPI was? In year 2 the CPI was? I know that cpi= (expenditures...
Sunday, March 18, 2012 at 12:59pm

Economics
Would the correct answer be : d. By consumers and suppliers interacting through market forces
Friday, March 16, 2012 at 11:08am

ECONOMICS
adas
Thursday, March 15, 2012 at 9:22am

Economics
How does a laissez faire economy make the decision about what goods and services will be produced? a.) Lawmakers in government vote on what will be produced b.) Producing firms decide what they choose to produce, cusumers will follow c.) What will be produced is determined by ...
Thursday, March 15, 2012 at 2:22am

Economics
I have a few questions, for my test coming up. Which of the following is most necessary for specialization among producers to take place? Free trade Monetary policy Competition Scarcity Which of the following best states the purpose of an import quota? To reduce competition ...
Tuesday, March 13, 2012 at 9:00pm

economics
2. a
Sunday, March 11, 2012 at 11:03pm

microeconomic
Suppose you consume three pounds of beef and five pounds of pork per month. The price of beef is $ 1.50 per pound, and pork is $ 2.00 per pound. Assuming you have studied economics and achieved consumer equilibrium, what is the ratio of the marginal utility of beef to the ...
Sunday, March 11, 2012 at 11:18am

managerial economics
4. The equation for a demand curve has been estimated to be Q = 100 – 10P + 0.5Y where Q is quantity, P is price, and Y is income. Assume that P = 7 and Y = 50. a. Interpret the equation. b. What is price elasticity at P = 7 and arc elasticity at the interval between P = ...
Sunday, March 11, 2012 at 10:28am

economics please help
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,...
Friday, March 9, 2012 at 4:27pm

5th grade economics
1046
Thursday, March 8, 2012 at 9:56pm

Economics
Suppose that you are a bicycle producer. In 2 or 3 sentences, explain why you are willing to supply the most bicycles at the highest price
Thursday, March 8, 2012 at 2:38pm

Catering(Gourmet Essentials)
THURSDAY March 8, 2012 SCHOOL SUBJECTS - Art - Business - Computers - English - Foreign Languages - Health - Home Economics - Math - Music - Physical Education - Science - Social Studies GRADE LEVELS - Preschool - Kindergarten - Elementary School - 1st Grade - 2nd Grade - 3rd...
Thursday, March 8, 2012 at 6:03am

Economics
If you type your question into google search engine, many reasons will come up.
Thursday, March 8, 2012 at 5:01am

Economics
- people can make money by developing new and better products to compete with existing ones. - Think about consumer sovereignty
Thursday, March 8, 2012 at 4:57am

Economics
Why is there such a wide variety of desired goods and services in a market?
Thursday, March 8, 2012 at 4:29am

Economics
Help Please! How does self-interest help achieve society’s economic goals?
Thursday, March 8, 2012 at 4:28am

Economics
Suppose the price elasticity of demand for heating oil is 0.2 in the short run and 0.7 in the long run. c. If the price of heating oil rises from $1.80 to $2.20 per gallon, what happens to the quantity of heating oil demanded in the short run? In the long run? (Use the ...
Wednesday, March 7, 2012 at 11:03am

managerial economics
Explain why the cost structure 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 steep losses ...
Wednesday, March 7, 2012 at 6:45am

4th grade economics
Note proper spelling of the subject
Tuesday, March 6, 2012 at 7:18pm

bus 599
A group of economics students gathered to study for a test on the money and banking system in the U.S. During a fast and furious brainstorm session, Jill scribbled down several key phrases she will use to study tomorrow. Unfortunately, in her haste, all the statements in her ...
Monday, March 5, 2012 at 7:52pm

Business Studies
You can find one (PESTLE) at http://rapidbi.com/the-pestle-analysis-t​ool/ Using the word "mnemonic" and the "elements" or field of economics you have in mind, you can easily Google for others.
Sunday, March 4, 2012 at 9:56am

economics
The MidNight Hour, a local nightclub, earned $100,000 in accounting profit last year. This year the owner, who had invested $1 million in the club, decided to close the club. What can you say about economic profit (and the rate of return)in the nightclub business?
Saturday, March 3, 2012 at 4:55pm

Economics
how to calculate Qd=15.0-0.2P
Saturday, March 3, 2012 at 2:50am

Mangerial Economics
Where Q is the number of cans of tennis balls sold quarterly, P is the wholesale price Wilpen charges for a can of tennis balls, M is the consumers average household income, and Pr is the average price of tennis rackets. The regression results are as follows Dependant Variable...
Friday, March 2, 2012 at 7:01pm

home economics
Sleeves are also used in coats, jackets, dresses, and shirts.
Thursday, March 1, 2012 at 5:29pm

home economics
used in blouses
Thursday, March 1, 2012 at 5:15pm

home economics
A sleeve covers the arm.
Thursday, March 1, 2012 at 5:11pm

home economics
uses of a sleeve
Thursday, March 1, 2012 at 5:09pm

managerial economics
Qd=15.0-0.2P where Qd is annual quantity demanded in millions of units and P is the wholesale price. Incurred cost of $60 million. Production cost is $5/unit. (1) what is wholesale price, (2) production annually, (3) annual profit? Given this is a monopoly with an expiring ...
Wednesday, February 29, 2012 at 11:08pm

business economics
http://www.answers.com/topic/fiscal-poli​cy http://www.answers.com/topic/monetary-po​licy Read carefully and compare.
Wednesday, February 29, 2012 at 8:50am

business economics
what does fiscal and monetary policies mean
Wednesday, February 29, 2012 at 6:15am

managerial economics
As a manager, how might your pricing strategy differ if you are operating in a perfectly competitive market versus a monopoly market?
Tuesday, February 28, 2012 at 12:18pm

Economics
The best information comes from your notes, your teacher handouts, and your text. Not all grade 12 econ exams are the same.
Monday, February 27, 2012 at 10:14pm

Economics
Hi, I was wondering if you know any good websites were I can review for a grade 12 economics exam?
Monday, February 27, 2012 at 10:11pm

economics
Suppose Caroline is a cinephile and buys only movie tickets. Caroline deposits $3000 in a bank acct that pays an annual interest rate of 20%. You can assume that this interest rate is fixed-that is, it won’t change over time. At the time of her deposit, a movie ticket is ...
Sunday, February 26, 2012 at 2:02pm

economics
If a farmer purchases a new tractor,is it included in the calculating of the GDP?
Sunday, February 26, 2012 at 10:06am

English
Does geography/history/economics/politics play a role in your understanding of the theme of the book "The namesake"? If so, how?
Saturday, February 25, 2012 at 9:48pm

Economics
Can you tell me please if my answer is right to the following question? The question: present Adam Smith's theory of value and limitations. 1. Labor cost: he supported that everyone must produce his own goods using own labor and exchange the surplus with other goods. In ...
Saturday, February 25, 2012 at 3:12pm

Economics - Edit question
Is my answer correct? The question: present Adam Smith's theory of value and limitations. My answer: Adam Smith supported three different views of theory of value 1. Labor cost: he supported that everyone must produce his own goods using own labor and exchange the surplus ...
Saturday, February 25, 2012 at 2:41pm

Economics
adam smith supported three different views of theory of value (are the followings correct, i will add them to my essay) 1. Labor cost: he supported that everyone must produce his own goods using own labor and exchange the surplus with other goods. In this model of society no ...
Saturday, February 25, 2012 at 2:11pm

Economics
If all company in a certain industry are earning economic profits now, in long run what will happen?
Saturday, February 25, 2012 at 2:29am

Economics
B. Suppose there are two goods, Cloth and Food, and two factors of production, labour and capital. Suppose that the production function for each good is "homothetic". Put capital K in the vertical axis and labour L in the horizontal axis. For Cloth production, for ...
Thursday, February 23, 2012 at 4:15pm

economics
Complete the following table for the firm below which is selling its product in a perfectly competitive market and hiring labor in a perfectly competitive labor market. MARGINAL WORKERS TOTAL MARGINAL PRODUCT REVENUE HIRED PRODUCT PRODUCT PRICE PRODUCT 1 12 ______ $10 ______ 2...
Wednesday, February 22, 2012 at 11:22pm

ECONOMICS
markup is very small, seldom do these sellers have much flexibility on price, espcially in the face of the large sellers who have a wholesale price advantage.
Wednesday, February 22, 2012 at 10:21am

ECONOMICS
Grocery stores and gasoline stations in a large city would appear to be examples of competitive markets: There are numerous relatively small sellers, each seller is a price-taker, and the products are quite similar. a. How could we argue that these markets are not competitive?
Wednesday, February 22, 2012 at 9:45am

Economics
Consider an economy with the following aggregate demand(AD) and aggregate supply(AS) schedules. These schedules reflect the fact that, prior to the period we're examining, decisions makers entered into contracts and made choices anticipating that the price level would be ...
Wednesday, February 22, 2012 at 1:16am

Economics
Consider an economy with the following aggregate demand(AD) and aggregate supply(AS) schedules. These schedules reflect the fact that, prior to the period we're examining, decisions makers entered into contracts and made choices anticipating that the price level would be ...
Wednesday, February 22, 2012 at 1:15am

economics
An article in Business Week warned of the dangers of deflation as the collapse of numerous Asian economies was creating worries that Asia might try to “ export its way out of trouble” by oversupplying everything from automobiles to semiconductors. Evidence that ...
Tuesday, February 21, 2012 at 6:05pm

math
Business and Economics: For a business to make a profit it is clear that revenue R must be greater than cost C; in short, a profit will result only if R>C. if a company manufactures records and its cost equation for a week is C = 300 + 1.5x and its revenue equation is R = ...
Tuesday, February 21, 2012 at 1:26pm

Economics
I'll be glad to comment on your answers.
Monday, February 20, 2012 at 8:54pm

Economics
3.The Theory of the Firm document, the Friedman article, and the information in chapter 4 argue that the main goal of a firm in a market economy is to maximize profit (shareholder wealth) over the long term. However, SEC regulations require U.S. corporations to publish ...
Monday, February 20, 2012 at 8:50pm

managerial economics
Exercise 1 The marketing manager has estimated the company’s demand curve with the equation P=3000 – 40Q. To develop a deeper understanding of pricing and quantity to be produced, complete the following analyses: 1. Draw the demand curve (use a range of Q values from...
Monday, February 20, 2012 at 5:49pm

intermediate economics
what is the relationship of investment and interest rates
Monday, February 20, 2012 at 4:11am

economics
what is the relationship between investment and interest rates
Monday, February 20, 2012 at 4:08am

Economics
Wilpen Company, a price- setting firm, produces nearly 80 percent of all tennis balls purchased in the United States. Wilpen estimates the U. S. demand for its tennis balls by using the following linear specification: where Q is the number of cans of tennis balls sold ...
Sunday, February 19, 2012 at 11:10pm

Economics
- Elastic (don't have to buy, investor can easily find substitute) - Inelastic (no substitutes, you've just left home driving to work and your gas gauge is on E. you must buy it, your only choice is to not fill your tank completely). - Elastic (very) - Inelastic (e.g. ...
Sunday, February 19, 2012 at 3:15pm

Economics
Grocery stores and gasoline stations in a large city would appear to be examples of competitive markets: There are numerous relatively small sellers, each seller is a price taker, and the products are quite similar. a. How could we argue that these markets are not competitive...
Sunday, February 19, 2012 at 1:56pm

Economics
Are the high taxes paid by the people worth the benefits?
Sunday, February 19, 2012 at 12:30pm

managerial economics
7) P = 1000 - 2Q One good visual method to figure out the quantities which will let us find the optimal quantity using the midpoint is to test each proposed quantity, Given Formula = Qty Sold Revenue(PxQ) Profit $1000: 1000 = 1000 - 2Q. Q = 0 R = 0 Pr = 0 - 0 = $0 $700: 700 = ...
Sunday, February 19, 2012 at 11:29am

History
(So, I have to agree or disagree with regards to the statement provided.. please comment on how I can make my answer better) Confirming Max Weber’s thoughts on the dynamics between religion, economics, and culture--Protestantism and urbanization had a mutual reinforcing ...
Sunday, February 19, 2012 at 11:24am

Economics
what are some economic problems with welfare?
Sunday, February 19, 2012 at 11:24am

history
Can anyone explain to me how Max Weber’s thoughts on the dynamics between religion, economics, and culture can be related to Protestantism and urbanization in Western Europe? I know that according to Max Weber--religion, economics, and culture are intertwined with each ...
Sunday, February 19, 2012 at 10:53am

managerial economics
6) Unitary elastic. % change in price = ($2.00-1.50)/2.00 = 25% % change in qty demand = (500-400)/400 = 25% elasticity = % qty / % price = 1 When elasticity is exactly 1, this is referred to as unit elasticity.
Sunday, February 19, 2012 at 10:47am

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