Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

Economics
When it comes to economic decision making, I have to discuss the importance of transaction costs. Any ideas of the main points I should discuss?
Sunday, November 18, 2007 at 6:15pm

Economics
What is the value added and how is it related to GDP?
Saturday, November 17, 2007 at 9:27pm

Economics
What is the value added and how is it related to GDP?
Saturday, November 17, 2007 at 9:24pm

Economics
Are large and powerful firms easier targets for union organization than small firms?
Saturday, November 17, 2007 at 6:16pm

Economics
In the event of Hurricanes in the Gulf Coast and the Market affected by event is Gulf Coast tourism is there a Shift in supply, demand, or both and the Change in equilibrium would be what?
Saturday, November 17, 2007 at 12:55am

Economics
If I'm graphing a PAE equation to determine the output gap and what type, say my Y is less than Y*. Am I correct in thinking the output gap will be a negative number, which would contractionary?
Thursday, November 15, 2007 at 11:43am

economics
Suppose the domestic demand for coffee is given by the equation Q=100-P, domestic supply by the equation Q=P. THe world price for coffee is $20 per unit. The government decides to impose an import quota limiting imports to 10 units. How much dead weight loss will this generate?
Wednesday, November 14, 2007 at 11:32am

Economics
Suppose there are three types of chip consumers in the world with three different inverse demand functions given by Pa=30-1/2P, Pb=40-1/2P, and Pc=50-1/2P. The marginal cost of the monopoly that produces chips is a constant $20. What size packages should the perfectly price ...
Wednesday, November 14, 2007 at 11:29am

economics
Suppose a monopolist faces an inverse demand function P=100-1/2Q, and the monopolist has a fixed marginal cost of $20. How much more would the monopolist make from perfect price discrimination compared to simply producing where marginal revenue equals marginal cost?
Wednesday, November 14, 2007 at 11:26am

economics
This is going to be really long, but I want to see if my answers are correct. This is problem number 10.10 in my Intermediate Microeconomics book. A perfectly competitive painted necktie industry has a large number of potential entrants. Each firm has an identical cost ...
Wednesday, November 14, 2007 at 1:53am

economics
perfectly competitive industry. Each firm having identical cost structures. long-run average cost is minimized at an output of 20 units. Minimum average cost is $10 per unit. total market demand is Q=1500-50P. What is the long-run equilibrium price? Total industry output? ...
Tuesday, November 13, 2007 at 1:29pm

economics
4. Monopolistic Competition markets are characterized by many producers of very similar products. Each producer differentiates the product from the competing brands and tries to make monopoly profits from a small segment of the market that is devoted to that particular brand. ...
Tuesday, November 13, 2007 at 8:40am

economics
3. Farmer Jones and Farmer Smith graze their cattle on the same field. If there are 20 cows grazing in the field, each cow produces $4000 of milk over its lifetime. If there are more cows in the field, then each cow eats less grass, and its milk production falls. With 30 cows ...
Tuesday, November 13, 2007 at 8:40am

economics
2. A company is considering building a bridge across a river. The bridge would cost $2 million to build and nothing to maintain. The following table shows the company¡¯s anticipated demand over the lifetime of the bridge: Price per crossing ($) 8 7 6 5 4 3 2 1 0 ...
Tuesday, November 13, 2007 at 8:39am

Economics
Can you give me a website on the book, The World is Flat? It is such a long book. I cannot remember everything I read.
Monday, November 12, 2007 at 9:00pm

Managerial Economics
When a firm increased its output by one unit, its Average Cost decreased. This implies that A)the law of diminishing returns has not yet taken effect B)MC<AFC C)MC<AC D)MC=AC
Monday, November 12, 2007 at 6:37pm

Managerial Economics
When a firm increased its output by one unit, its Average Cost rose from $45 to 50. This implies that its Marginal cost is A)greater than $50 B)between $45 and $50 C)$5 D)cannot be determined from the above information
Monday, November 12, 2007 at 6:36pm

Managerial Economics
Economists consider which of the following costs to be irrelevant to a short run business decision? A)out of pocket B)historical cost C)opportunity cost D)replacement cost
Monday, November 12, 2007 at 6:34pm

Managerial Economics
Diseconomies of scale can be caused by: A)bureaucratic inefficiencies B)increasing advertising and promotional costs. C)the law of diminishing returns D)all of the above
Monday, November 12, 2007 at 6:01pm

economics
would US exports decrease because of an appreciated dollar, lower interest rates, or decreased foreign demand for dollars?
Monday, November 12, 2007 at 5:22pm

Home Economics
a) Define Table appointment B) Reason for setting a table C)Explain the uses and importance of different table appointment d) Identify a table appointment one course meal
Tuesday, November 6, 2007 at 7:48pm

Economics
Which of the following is true about the quantity of money in the U.S. economy? (A) It is equal to the amount of cash in circulation(B)It is much greater than the amount of cash in circulation(C)It is equal to the value of the government's gold reserves(D)It is equal to ...
Monday, November 5, 2007 at 9:49am

Managerial Economics
The belief that monetary policy can be effective in changing aggregate demand and that interest rates are the critical monetary variable is associated with (A)Modern Keynesians (B)New classical economists (C)Monetarists (D) All of the above
Monday, November 5, 2007 at 9:47am

micro economics
Consider a firm that has a fixed cost of $60 a minute. output=1, Variable Cost= $10 what is the fixed cost?, Total Cost? Marginal cost?, AFC?, AVC? and ATC? Output is 2? Can't quite figue it out... thanks
Sunday, November 4, 2007 at 6:18pm

Economics
can someone please help me with this question? Testifying at a price fixing trial involving Cargill Corp. and the market for chicken growth hormone, (in which Cargill is one of only three firms worldwide), an executive for Perdue said: "It's an oligopoly. When one (...
Sunday, November 4, 2007 at 1:54pm

Economics
There is a trade-off between the objective of reducing a trade deficit and the objective of reaching full employment because:(A)Net exports rise as income increases(B)As income increases, the trade deficit rises(C)Imports fall as income increases(D)Fiscal policy and monetary ...
Sunday, November 4, 2007 at 1:13pm

economics
The hand made snuffbox industry is composed of 100 identical firms, each having short-run total costs given by STC=0.5q^2+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 curve for each snuffbox maker? ...
Saturday, November 3, 2007 at 3:32pm

Economics
Suppose that a small open economy begins to use credit cards, starting from monetary equilibrium, allowing households to hold more of their wealth in interest bearing assets. Discuss the effect on real and nominal money supply, foreign-exchange reserves given: A) Fixed ...
Saturday, November 3, 2007 at 1:57pm

Economics
In recent years, talk has risen and ebbed about creating a FTAA (Free Trade Area of the Americas), encompassing countries in North, Central and South America. Based on the successes and failures of NAFTA evaluate whether the United States should participate in such an FTAA.
Friday, November 2, 2007 at 8:02am

Economics
One key development in the last two years has been the addition of countries like India to TRIPs. Nevertheless, developed nations have always been at odds with developing countries over IP protection. Why do these developed and developing countries’ interests differ so ...
Friday, November 2, 2007 at 8:00am

Economics
Consider the following two country-two goods world, with a single input, labor: Daily production per worker Commodity Portugal England Wine (barrels) 2 OR 1 Cloth (bolts) 4 OR 3 a) Does either country have absolute and/or comparative advantage in any product? Provide support ...
Friday, November 2, 2007 at 7:59am

Statistics- PEASE help!
Subjects Art Business Computers English Foreign Languages Health Home Economics Mathematics Music Physical Education Science Social Studies Features Contribute Download Experts Forum Job Openings Homework Tips Libraries.Jiskha Link to Us Reference School Supplies Search ...
Friday, November 2, 2007 at 5:09am

Economics
Yeah, so I'm in urgent need of help with this homework. 1. Assume that in a perfectly competitive market, a firm's costs and revenue are: Marginal cost = average variable cost at $20 Marginal cost = average total cost at $30 Marginal cost = average revenue at $25 A) ...
Wednesday, October 31, 2007 at 9:21pm

economics
Where does Bexar County rank among texas counties in per capita income? <br><br> Where does Cameron County rank among texas counties in per capita income? <br><br> what was the inflation rate in hungary in 1945-1946?
Tuesday, October 30, 2007 at 2:08am

economics
Output Fixed Cost Variable Cost 1 $5 $10 2 $5 $27 3 $5 $55 4 $5 $91 5 $5 $145 (a) What is the total cost when output is 2? (b) What is the marginal cost of the third unit? (c) How much should this firm produce if the market price is $24?
Monday, October 29, 2007 at 9:19pm

economics
How does a firm calculate marginal cost?
Monday, October 29, 2007 at 9:14pm

economics
Tell whether each of these expenses of a textile mill is a fixed cost or a variable cost, and why. (a) repairs to a leaking roof (b) cotton (c) food for the mill's cafeteria (d) night security guard (e) electricity
Monday, October 29, 2007 at 9:13pm

economics
A firm has two factories, one twice as large as the second. As the number of workers at each factory increases, which factory will experience diminishing returns first?
Monday, October 29, 2007 at 8:35pm

Economics
Sorry, it's long. I've tried everything to solve this, I have no clue how they got any of the MR figures, I calculated MR and I got 0.5. Help please. * A drug company currently sells 3 million AIDS treatments in rich countries at P = $80 per treatment. * In order to ...
Monday, October 29, 2007 at 5:38pm

home economics
what are some career that help family during labor of patient
Thursday, October 25, 2007 at 7:26pm

Economics
from a supply/demand side, I assume that the supply of savings would move inward if the gov lower taxes on profit resulting in an increase in the deficit. Am I correct in my thinking?
Thursday, October 25, 2007 at 11:40am

Economics
Considering militry Keynesianism and the politics that are involved in military base closures, discuss the efficiency of the decision making process (not the end result) that is used when Congress considers closing military bases. Be sure to include basic economic principles ...
Wednesday, October 24, 2007 at 7:12pm

Economics
How do you find planned investment from the GDP, and determining the equilibrium GDP of an economy?
Tuesday, October 23, 2007 at 11:12am

science
Subjects Art Business Computers English Foreign Languages Health Home Economics Mathematics Music Physical Education Science Social Studies Features Contribute Download Experts Forum Job Openings Homework Tips Libraries.Jiskha Link to Us Reference School Supplies Search ...
Monday, October 22, 2007 at 2:57pm

Economics
Ann lives in Princeton and commutes by train each day to her job in New York City (20 round trips per month). When the prices of a round trip goes up from $10 to $20, she responds by consuming, exactly the same number of trips as before, while spending $200 per month less on ...
Monday, October 22, 2007 at 8:57am

Economics
Compare the circular flow diagrams of a free marker and a mixed economy. Describe how they differ, and why
Monday, October 22, 2007 at 12:02am

Economics
Suppose a firm faces a downward sloping demand curve givven by the equation 1=100-1/3P. The firm's cost function is given by the equation C=30+1/4Q^2. Find the profit maximizing level of output.
Friday, October 19, 2007 at 9:14am

economics
Suppose you have $30,000 in wealth and have the choice of two possible gambles: Gamble 1: a single flip of a coin would pay you $16,000 if it is heads, cost you $16,000 if it is tails. Gamble2: two coin flips, each payuing you $8,000 if it is head, each costing you $8,000 if ...
Thursday, October 18, 2007 at 11:24pm

Economics
Hi, I need help with these four questions can anyone help me, it is for my economics class. 1)How does the economic (or rational decision-maker) approach to criminology work with or against other criminology theories? 2)Suppose we know that Frank has beaten Jimmy bad enough ...
Thursday, October 18, 2007 at 9:15pm

Ecomomics
Hi, I need help with these four questions can anyone help me, it is for my economics class. 1)How does the economic (or rational decision-maker) approach to criminology work with or against other criminology theories? 2)Suppose we know that Frank has beaten Jimmy bad enough ...
Thursday, October 18, 2007 at 8:22pm

Economics
If I have a business in producing books and the demand decrease at the same time there is a recession and I have more people willing to work. I'm assuming that my product will be less demanded and my supply will increase because more people are willing to work. Am I correct?
Thursday, October 18, 2007 at 3:50pm

economics
Suppose the price of apples rises from $3.50 a pound to $4.00 and your consumption of apples drops from 30 pounds of apples a month to 20 pounds of apples. Calculate your price elasticity of demand of apples. What can you say about your price elasticity of demand of apples? Is...
Thursday, October 18, 2007 at 2:32pm

Economics
could some explain what will happen from a supply/demand side if factory that makes pens and the demand for the pens decline, and there are more people willing to work due to a recession.
Thursday, October 18, 2007 at 12:52pm

Economics
An Arizona student claims to have spotted a UFO over the desert outside of Tucson. How will his claim affect the supply (not the quantity supplied) of binoculars in Tucson stores?
Thursday, October 18, 2007 at 10:32am

Economics
suppose you have a factory that makes pens and the demand for the pens decline, and there are more people willing to work due to a recession. does this result in an increase in supply? please explain
Thursday, October 18, 2007 at 10:18am

Economics
Use supply and demand analysis to explain why hotel room rental rates near your campus during parents’ weekend and graduation weekend might differ from the rates charged during the rest of the year.
Thursday, October 18, 2007 at 9:25am

Economics
How will a new law mandating an increase in required levels of automobile insurance affect the equilibrium price and quantity in the market for new automobiles?
Thursday, October 18, 2007 at 9:20am

Economics
How does the U.S central bank attempt to maintain a stable economic environment?
Wednesday, October 17, 2007 at 7:14pm

Managerial Economics
This is some HW for a Managerial Econ class. I've got what I think are the answers, and I'd just like someone to read over my reasoning & check my answers. Any assistance is appreciated. Thanks! 2.) A recent study of the Madison, Wisconsin market by Chemyellow, Inc. ...
Tuesday, October 16, 2007 at 12:50pm

Macro Economics
How to explain how employers use the cost-benefit principle to decide whether to hir an addtional worker
Monday, October 15, 2007 at 12:45pm

Economics
Suppose the economy consists of two types of firms: Type A firms which produce output using a technology Qa=Min(K,1/2L) and Type B firms which produce output using the technology Qb=Min(K,L). The economy has exactly forty units of labor and thirty units of capital. If we ...
Monday, October 15, 2007 at 9:48am

economics
Suppose that the economy consists of two types of firms: type A firms which produce output using a technology Qa=Min(1/3K,L) and type B firms which produce output using a technology Qb=Min(1/2K,L). Type A output sells for $1.00, and type B sells for $.50. Assuming that both ...
Monday, October 15, 2007 at 9:45am

economics
Suppose a firm produces output using the technology Q=K1/3 L2/3 Find a. The long run cost function b. The short run cost function if capital is stuck at 10 units. c. The profit maximizing level of output as a function of the price of the good, wages, rental rate on capital, ...
Monday, October 15, 2007 at 9:42am

Economics
What is the difference between less elastic and more elasic? and which is better?
Sunday, October 14, 2007 at 9:47pm

economics
Will firms in a price-taker market be able to earn profits in the long run? Why or why not? What determines profitability? Discuss.
Sunday, October 14, 2007 at 6:38pm

Economics- please check
Please check to see if my answers are correct. Complete each sentence by choosing the correct answer from the list of terms below. You will not use all of the terms. *normal good *complements *income effect *demand curve *ineleastic *inferior good *law of demand *unitary ...
Sunday, October 14, 2007 at 12:44am

home economics
HI I NEED TO FILL IN THE BLANKS..THEY ARE ALL TYPES OF KITCHEN KNIVES R.......B......K.....(POSSIBLY BUTTER KNIFE?) F...C....K...... IS THERE SOMETHING CALLED A PALLET KNIFE? HOPE YOU CAN HELP (THE DOTS DO NOT REPRESENT LETTERS!)
Thursday, October 11, 2007 at 2:22pm

Economics
What options do we have to decrease the nations debt.
Tuesday, October 9, 2007 at 11:02pm

Economics
Considering monetary policy, federal and state tax cuts, and our war on terrorism, what options does our government have available to them to balance the federal budget.
Tuesday, October 9, 2007 at 10:42pm

Economics
What are the primary functions of Central Banks?
Tuesday, October 9, 2007 at 12:45pm

Managerial Economics
The following relations describe the supply and demand for posters. Qd = 65,000 – 10,000 P Qs = -35,000 + 15,000P Where Q is the quantity and P is the price of a poster, in dollars. a. Complete the following table. Price Qs Qd Surplus or Shortage $6.00 5.00 4.00 3.00 2.00...
Monday, October 8, 2007 at 3:01pm

economics
I tried answering b, but stuck with a. Can someone please take a look at this and help me out? Also check, if answer to b is correct? 1)Bob and Jane decide to open their own business selling ergonomically correct office furniture that Jane has designed. They have so much faith...
Friday, October 5, 2007 at 1:20pm

Managerial Economics/Math
I'm working on some HW for my MBA Managerial Economics class. I've got one problem down to the end, but I'm stuck. Any help would be greatly appreciated. And, of course, if you could check my work on a & b, that would be excellent. Thanks! :) 1.) The mathematics of...
Friday, October 5, 2007 at 11:18am

Economics- Micro
You have an option to hire 2 hunters. The first hunter is able to kill two deers in an hour, the other hunter is able to kill one deer in an hour. Do you, without a doubt, hire the first hunter because he has an aboslute advantage? My question is that as there is only one ...
Thursday, October 4, 2007 at 11:17pm

Economics
How can you obtain a downward sloping market demand curve from a horizontal firm demand curve experiencing perfect competition? If you sum up individual demand horizontally for the firm at the given market price will market demad not still be horizontal?
Thursday, October 4, 2007 at 10:57pm

economics
suppose a firm's constant-returns to scale production function requires it to use capital and labor in a fixed ratio of two workers per machine to produce 10 units and that the rental rates for capital and labor are given by v=1, w=3. a. calculate the firm's long run ...
Thursday, October 4, 2007 at 5:02pm

economics
1. DETROIT -- Here's a million-dollar question: How does the global economy connect American car buyers and Russian bureaucrats? One person who can answer is Reg Modlin, an emissions specialist at DaimlerChrysler AG's U.S. unit. Mr. Modlin, like many other auto-...
Thursday, October 4, 2007 at 11:33am

economics
in general the role of board of directors is to: a)direct the day to day activities of the film b)represent investor interest in management of the film c)insire that the film operates illegally d)provide staff assistance tothe ceo in stragetic matters
Thursday, October 4, 2007 at 10:29am

Economics
Hi, Could you please help me with the following question? Bob and Jane decide to open their own business selling ergonomically correct office furniture that Jane has designed. Assume they operate this business from leased office space near their home. Also assume that they ...
Thursday, October 4, 2007 at 10:03am

Managerial Economics/Math
I wanted to post this as a new question to make sure you saw it. Thanks! :) Posted by klynn on Wednesday, October 3, 2007 at 11:29am. This is an MBA-level Managerial Economics Course. I'm working on some HW and just want to double-check my answers. 1. Jimbo's is a new ...
Wednesday, October 3, 2007 at 4:13pm

economics
use these data to compute accounts receivable turnover ratios and average for 2005 and 2006 2005 2006 net sales $1,425,000 $1,650,000 net receivable: beginning of yr $375,000 $333,500 end of yr $420,000 $375,000
Wednesday, October 3, 2007 at 3:09pm

Managerial Economics/Math
This is an MBA-level Managerial Economics Course. I'm working on some HW and just want to double-check my answers. 1. Jimbo's is a new company producing exploding cigars. Jimbo's company has the following demand curve for the cigars: P = 10 - 2Q Jimbo is currently ...
Wednesday, October 3, 2007 at 11:29am

Economics
A policy of average-cost pricing will intially ______ price for a natural monopoly, but as costs increase, price will _______. A. increase; not change B. decrease; increase C. decrease; not change D. increase; decrease
Tuesday, October 2, 2007 at 8:06pm

economics
a job can be advertised as a a)free space b)work gap c)empty posting d)vacant position
Tuesday, October 2, 2007 at 5:36pm

economics-micro
Suppose that a firm is the only domestic producer of a commodity and that there are no imports of the good. The firm’s total cost and demand curves are given by the following two equations: TC = 6Q + ·05Q2 : Q = 360 - 20P q) The government wishes to impose a ...
Tuesday, October 2, 2007 at 6:48am

economics
How does the fact that people from other countries come to America for health care tend to influence the measured share of our GDP that is devoted to health care in America?
Tuesday, October 2, 2007 at 1:27am

Economics
An increase in the price of a good A.increases the opportunity cost of consuming the good. B. decreases the opportunity cost of conusming the good. C. does not effect the oppurtunity cost of consuming the good. D. increases the opportunity cost of other goods.
Monday, October 1, 2007 at 11:01pm

Economics
As price falls along the elastic portion of a linear demand curve, _______ decrease while _______ increase. Answers. A. only price; quantity demanded , consumer surplus, and consumer expenditures B. consumer surplus and price; quantity demanded and consumer expenditures C. ...
Monday, October 1, 2007 at 10:41pm

Economics
Suppose that the average earnings for high school graduates is $25,000, the tuition, fees, and books for typical year of college total $10,000 and that a college degree takes 5 years. a) How large must the present value of the increment to earnings from getting a college ...
Monday, October 1, 2007 at 8:51pm

Economics
IF income was transferred from individuals with a low MPC to those with a high MPC, aggregate demand would: a) Increase. b) Decrease. c) Stay the same. d) Increase or decrease, but not because of the MPC.
Monday, October 1, 2007 at 10:45am

Managerial Economics
If the price of computers falls 6 percent during a period when the level of average prices falls 12 percent, the relative price of computers compared with other goods: a) Stays the same. b) Increases. c) Decreases. d) More information is required to answer this question.
Monday, October 1, 2007 at 9:03am

Human Resource Paper
I don't know if anyone could be could someone proof read my paper? Executive Summary The position of financial manager is to coordinate financial activities of workers in a branch, or department of the bank, such as brokerage, risk management, or credit department. Other ...
Saturday, September 29, 2007 at 3:49pm

economics
Provide at least three real-world examples to illustrate the circular flow model of a market economy.
Wednesday, September 26, 2007 at 10:11pm

economics
Why is economic equity difficult to achieve in a free market economy?
Wednesday, September 26, 2007 at 10:09pm

Managerial Economics
(1) The National Debt consists of what factors? (2) How does the National Debt relate to federal budget deficits? (3) Relate the deficit to trade imbalances.
Wednesday, September 26, 2007 at 9:02am

economics...please help!
if a demand curve given is q=5/p.. and no variables for q or p are given, then the elasticity would just be q/p right? (because one would not be able to calculate it without knowing the values) or am i wrong? Thank you
Wednesday, September 26, 2007 at 12:32am

Early child ed. /literacy question
I posted this question yesterday- and some felt that minimal parental education may have the greatest negative influence on child literacy. Whowever, one person seemed to think that low socioeconomic status has the greatest negative influence on child literacy. Which may have ...
Tuesday, September 25, 2007 at 8:53pm

economics
name ten countries using different techniques in industries
Tuesday, September 25, 2007 at 1:05pm

Managerial Economics/Math
This is an MBA-level Managerial Economics course. I am working on a homework assignment and have a couple problems that I don't really know how to get started. Here is another: Assume that a drug manufacturer sells a major drug in Europe and the U.S. Because of legal ...
Tuesday, September 25, 2007 at 10:58am

Managerial Economics/Math
This is an MBA-level Managerial Economics course. I am working on a homework assignment and have a couple problems that I don't really know how to get started. Here is the first: Altmann, Inc. is a U.S. manufacturer of edible econimics texts. The firm has been exporting ...
Tuesday, September 25, 2007 at 10:53am

Micro Economics
The Production Possiblilties Curve shows that when an eceonomy is acting at its full petential it will be poducing on a point just beyond the Curve. ture or false. Why?
Sunday, September 23, 2007 at 3:10pm

Economics
What is an economic concept necessitating choices and priorities in any society? Any encyclopedia entry illustrating how a hunter-gatherer group collects and shares food resources is decribing that society's _________. -Would it be economic system??
Saturday, September 22, 2007 at 10:32pm

Economics
Think of a business. Describe its operation in terms of factor markets and product markets.
Saturday, September 22, 2007 at 7:00pm

Managerial economics
Posted by Patrick on Saturday, September 22, 2007 at 5:25pm. Suppose Nick produces to goods @ cost C(q1,q2)=1000=.5q1^2+.5q2^2-5q1q2 If nick produces only one of he two goods his cost is given this cost function with the other good set = to 0. The inverse demand functions for...
Saturday, September 22, 2007 at 5:55pm

Managerial economics
Suppose Nick produces to goods @ cost C(q1,q2)=1000=.5q1^2+.5q2^2->5q1q2 If nick produces only one of he two goods his cost is given this cost function with the other good set = to 0. The inverse demand functions for the two goods are given by p1=a-.25q1 and p2=A-.05q2 a=17...
Saturday, September 22, 2007 at 5:25pm

biology
Subjects Art Business Computers English Foreign Languages Health Home Economics Mathematics Music Physical Education Science Social Studies Features Contribute Download Experts Forum Job Openings Homework Tips Libraries.Jiskha Link to Us Reference School Supplies Search ...
Saturday, September 22, 2007 at 7:06am

economics
there are just certain things that i do not understand about the questions...(i did read A LOT last night and i did not find anything that really answered my questions)...To be more specific... suppose a competitive market consists of identical firms with a constant long run ...
Friday, September 21, 2007 at 11:05pm

economics
Suppose two competing airlines that service passengers only between Bozeman, Montana, and New Haven, Connecticut would like to merge. These two airlines have the best chance of securing a merger if they argue that their market is for: a. airline travel between these two cities...
Friday, September 21, 2007 at 8:42pm

economics
suppose a competitive market consists of identical firms with a constant long run marginal cost of $10. Suppose the demand curve is given by q=1000-p a)What are the price and quantity consumed in the long run competitive equilibrium? b)Suppose one new firm enters that is ...
Thursday, September 20, 2007 at 11:23pm

managerial economics
The principal-agent model of economics concentrates on_____ a. the threat from foreign competition b. the need to manage inventory more effectively c. double entry book keeping d. the potential costs of seperation of ownership control e. the time value of money
Thursday, September 20, 2007 at 10:48pm

Managerial Economics
Managerial Economics uses_____to help solve problems. a. mathematical programming b. Statistics c. decision sciences d. microeconomics e. all of the above
Thursday, September 20, 2007 at 10:46pm

economics
Suppose a person has a utility function U=YX. What is the minimum level of income required to get a utility of 20? Your answer should be a function of, among other things, Px and Py.
Thursday, September 20, 2007 at 10:14pm

economics
Suppose 15 peaches and 20 oranges need to be divided between fred and ethel. Fred's utility function is U=Max(#of peaches, #of oranges) ethels utility function is U=Max(2# peaches, # of oranges). Carefully draw a graph showing the set of Pareto efficient allocations.
Thursday, September 20, 2007 at 10:14pm

Managerial Economics/Math
I need help on some homework questions for an MBA-level Managerial Economics class. Here is the first question. 1. JALT, Inc. is a new firm offering investment consultant services to the rich. Harvey Milkemnow, having had experience in this area, is the potential new research ...
Wednesday, September 19, 2007 at 3:29pm

Economics
Ive been stuck on this forever now if someone could please walk me through it i was appreciate it: 1: Suppose John had a utility function of U=X^2/3Y^1/3 . Derive Johns demand function from his utility function showing all the necessary steps. i know that the MUx=MUy and first...
Tuesday, September 18, 2007 at 7:58pm

Economics
Graph the supply and demand curves of Qd=500 - 2P and Qs = -100 + 3P
Saturday, September 15, 2007 at 1:29pm

Economics
Graph the supply and demand curves of Qd=500 - 2P and Qs = -100 + 3P
Saturday, September 15, 2007 at 1:06pm

Economics
Given the production function Y=K^.4 N^.6 and A=1 Calculate the level of output when K=4 and N=10
Friday, September 14, 2007 at 8:50pm

Economics/ history
Describe the hierachies in monetary value of various monies that existed in the US in 1816. Which monies were most favored and why?
Wednesday, September 12, 2007 at 6:18pm

Economics
How does tariff help American businesses?
Tuesday, September 11, 2007 at 12:08pm

math, economics, game theory
Subjects Art Business Computers English Foreign Languages Health Home Economics Mathematics Music Physical Education Science Social Studies Features Contribute Download Experts Forum Job Openings Homework Tips Libraries.Jiskha Link to Us Reference School Supplies Search ...
Monday, September 10, 2007 at 9:43am

economics- opportunity cost
how does opportunity cost vary? why does opportunity cost vary? for why i put: Opportunity cost is different for every individual. It varies depending on the choice you make. i'm not sure about "how" it varies though.
Monday, September 10, 2007 at 1:16am

economics
What is an opportunity cost for eating pizza?
Monday, September 10, 2007 at 12:21am

Macro Economics
I am answering a mutiple choice question and there are two that seem correct. One answer is "Supply will increase" The other is the other is "There will be movement along the supply curve to a higher quantity supplied." What is the diference between these ...
Sunday, September 9, 2007 at 9:22pm

home economics.
list 5 careerrs in home economics.
Sunday, September 9, 2007 at 1:21pm

Economics
Can someone please explain what factors affect a country GDP? Also, if Thailand has a GDP of 4.5% and Australia has a GDP of 2.8%, please explain which country has a better economy. Thanks for your help
Saturday, September 8, 2007 at 8:39am

Managerial Economics
Compare Adam Smith's views to Keynes and Friedman?
Friday, September 7, 2007 at 3:35pm

Economics
The market for reteail banking in New Zealand best illustrates: a)monopoly b)duopoly c)oligopoly d)monopolistic competition
Friday, September 7, 2007 at 5:50am

Economics
In monopolistically competitive industries: a)competition is weak b)there is little range of choice over the product C)all firms are price makers d)there are more firms than in a oligopolistic industry
Friday, September 7, 2007 at 5:42am

Economics
A firm is a natural monopoly if: a) its average cost curve falls throughout its relevant output range. b) the firm owns an essential natural resource used in making the product. c) the government has granted the firm the right to a monopoly. d)the firm owns patents that ...
Friday, September 7, 2007 at 5:39am

economics
can u give me a example of an essay about inflation?
Friday, September 7, 2007 at 2:33am

Economics
What channel is Wall Street Journal on? (no cable, antenna). I need to watch it by next week. It would great if you could me the tv listings in pacific time.
Friday, September 7, 2007 at 12:47am

Managerial Economics
Dr. Jeraisy, a well-known plastic surgeon, has a reputation for being one of the best surgeons for reconstructive nose surgery. Dr. Jeraisy enjoys a rather substantial degree of market power in this market. She has estimated demand for her work to be: Q = 480 – 0.2P Where...
Thursday, September 6, 2007 at 6:00pm

Managerial Economics
Everkleen Pool Services (EPS) provides weekly swimming pool maintenance in Jeddah. Dozens of firms provide this service. The service is standardized; each company cleans the pool and maintains the proper levels of chemicals in the water. The service is typically sold as a four...
Thursday, September 6, 2007 at 5:58pm

ECONOMICS---- & desperate !!!!!
Last one... I've done so many that I'm simply mind-boggled as of now! Until the early 1980's, Japan required its large insurance companies to invest all of their vast holdings in Japanese securities. At the prompting of the U.S. , Japan relaxed the restrictions and...
Wednesday, September 5, 2007 at 8:34pm

Economics
Last one... I've done so many that I'm simply mind-boggled as of now! Until the early 1980's, Japan required its large insurance companies to invest all of their vast holdings in Japanese securities. At the prompting of the U.S. , Japan relaxed the restrictions and...
Wednesday, September 5, 2007 at 7:50pm

Economics
Last one... I've done so many that I simply mind-boggle as of now! Until the early 1980's, Japan required its large insurance companies to invest all of their vast holdings in Japanese securities. At the prompting of the U.S. , Japan relaxed the restrictions and ...
Wednesday, September 5, 2007 at 7:32pm

Economics
Go to the website w w w .u s t r . g o v From this site, what are some of the key trade issues for the U.S. government today?
Wednesday, September 5, 2007 at 7:05pm

Economics
Question on study guide that i don't get. Bill O’Really of OX News observed that poultry (chicken and turkey) consumption in the US increased dramatically over the 2000 to 2006 period. This he discovered was due to the fact that consumers, being more health conscious...
Tuesday, September 4, 2007 at 3:17pm

Fin301 Economics
How do I figure out Capital Budgeting in easy to understand terms. Example Cashflow is -$500,000 and the discount rate is 0%, what is the projects net present value?
Monday, September 3, 2007 at 9:37am

theatre
In the play the Pot Boiler by Alice Gerstenberg where is the EXACT geographical location and date (day/month/year) plus season? I get the impression it could be anywhere at anytime but the teacher wants specifics as well as a breakdown of the relationships and socio-economics/...
Wednesday, August 29, 2007 at 8:48am

home economics
Food should be kept for as little time as possible in the d............. z.................
Tuesday, August 28, 2007 at 2:12pm

College Economics
Assume that it takes four hours of labor time to paint a room and three hours to sand a floor.If all 24 hours were spent painting, how many rooms could be painted by one worker? If a decision were made to sand two floors, how many painted rooms would have to be given up? ...
Tuesday, August 28, 2007 at 9:41am

Economics
In considering the supply curves for gold and cauliflowers, explain the significance of the cost/bulk ratio of the two products, the durability/perishability factor, and the issue of respective storage costs.
Sunday, August 26, 2007 at 6:11am

economics
what kind of monetary policy is the FED using now
Wednesday, August 22, 2007 at 9:32pm

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