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May 26, 2016

Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

Economics
(iii) Bright Future, Ltd (BF) is a nonprofit foundation providing medical treatment to emotionally distressed children. BF has hired you as a business consultant to design an employment policy that would be consistent with its goal of providing the maximum possible service ...
Thursday, May 26, 2011 by Michelle

Economics
The accompanying table shows a car manufacturer’s total cost of producing cars: Qty |TC| Variable Costs| Avg. Var. Costs| Avg. Total Costs| Avg. Fixed Costs 0 |$500,000| ---- | ---- | ---- |---- | 1 |540,000 | 2 |560,000 | 3 |570,000 | 4 |590,000 | 5 |620,000 | 6 |660,000...
Wednesday, May 25, 2011 by shay

Economics
2. (i) The production function for a firm is given by Q = LK where Q denotes output; Land K labor and capital inputs. Wage rate and rental rate are given by w and r respectively. (a) Show whether or not the above production function exhibits diminishing marginal productivity ...
Wednesday, May 25, 2011 by Michelle

Economics
4 (ii) You manage Dirt Diggers, an excavating firm that excavates roadside ditches for laying drainpipes. Its output follows the production function: Q = 10L -.1L2 where L denotes labor hours and Q the length of the ditch in meters. You can hire labor at the going wage rate of...
Wednesday, May 25, 2011 by Michelle

Economics
3. (i) Sleak Teak builds yard furniture using hardwoods and (in a smaller shop) handcrafted knick-knacks from the same sort of wood. The hardwood usage in the two lines of product are Yard Furniture: Y = 2 Ty - .001Ty2 Knick-knacks: Z = 20Tz - .01 Tz 2 where Y and Z are units ...
Wednesday, May 25, 2011 by Michelle

Managerial Economics
Assume the only choice variable is total benefit function is B(x) = 170x-x², and cost function is C(x) = 100-10x + 2x². a. What are the marginal benefit and marginal cost functions? b. Set up the net benefit function and then determine the level x that maximises net ...
Wednesday, May 25, 2011 by Megan

MANAGERIAL ECONOMICS
Speedy Limousine-the prices of gasoline and wage rates for drivers has increased costs. So what is the initial condition and the direction of the firms's demand curve. and describe the type of demand shift if anyWhat would happen to the equilibrium price. What would happen...
Tuesday, May 24, 2011 by ELOISE

home economics
I need to find out what 1/3 of $1070.00 is.
Tuesday, May 24, 2011 by katherine

Economics
The firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, and the price of the firm’s output is $25. The cost of other variable inputs is $400,000 per day. Assume that total fixed cost equals $1,000,000. Calculate...
Monday, May 23, 2011 by Angela

Economics
If the government lowers taxes, and everything else remains constant?
Monday, May 23, 2011 by Alexis Muzquiz

economics
1.What two policies could you use to reduce the total amount of emissions? 2.Why do you think they each would work?
Sunday, May 22, 2011 by Anonymous

Economics
(a) Explain what is meant by the term “natural monopoly”. (b) Construct a diagram showing the average and marginal cost curves, and the demand and marginal revenue curves for a natural monopoly. Use your diagram to explain why profit maximising behaviour by the ...
Saturday, May 21, 2011 by Giska

home economics
Gear strategy has managed to improve the livelihood of the poor in south africa
Wednesday, May 18, 2011 by Anonymous

economics
explain the importance of the following terms in the u.s. free enterprise system:a)profit motive, b)voluntary exchange, c)private property rights, and d)competition
Wednesday, May 18, 2011 by ivonna

finance/math
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, May 16, 2011 by kim

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 quarterly...
Monday, May 16, 2011 by Anonymous

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 by Alex

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 by fred

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 by Katy Marshall

economics
what cause the financial crisis that occurred in 2008
Thursday, May 12, 2011 by lina

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 by Bill

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 by Anonymous

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 by Lena

Economics
Does the demand-pull theory represent a leakage or injection in the economy? I'm confused.
Monday, May 9, 2011 by Ed

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 by jb

Economics
In a period of inflation, does the exchange of goods and services speed up or slow down? Thanks
Sunday, May 8, 2011 by David

health care ECONOMICS
How did the Haiti disaster affect healthcare costs in the United States in the short run
Friday, May 6, 2011 by elaine

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 by Blueberry

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 by Phil

economics
how does the study of economics helps you in decision making in your day to day activities
Wednesday, May 4, 2011 by kajola

economics
why is it difficulty to identify the turning points in economic activity until months after they occur?
Wednesday, May 4, 2011 by jabir

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 by Daniel

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 by John

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 by SAM

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 by Jim

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 by Anonymous

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 by Kieran McCamment

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 by Kieran McCamment

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 by Ling Chow

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 by Liz

economics
how perfect is the competition in the market for cola drinks ?
Friday, April 29, 2011 by Anonymous

food economics
what are the 3 other names by which animal proteins are called?
Tuesday, April 26, 2011 by Danielle

Economics
Explain two ways the Office of Fair Trading can protect the interests of consumers?
Tuesday, April 26, 2011 by Anique

home economics
STATE AND EXPLAIN THE BRANCHES OF HOME ECONOMICS.
Tuesday, April 26, 2011 by justina

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 by Gina

ECONOMICS
How did the gold standard promote stability?
Monday, April 25, 2011 by TYNESHIA

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 by amy

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 by Sarah

Social Studies: Economics
identify three of your limited resources that you allocate daily
Wednesday, April 20, 2011 by eleba

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 by Taralee

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 by Anonymous

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 by <3

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 by patricia

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 by mike

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 by mike

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 by Rico

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 by gdlola

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 by Rachel

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 by Rachel

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 by Rachel

economics
productivity....as a result of the ..... .... .
Sunday, April 17, 2011 by Katya

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 by Hung

Economics
Gear strategy has managed to improve the livelihood of the poor in south africa
Saturday, April 16, 2011 by Kagiso

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 by Anonymous

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

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 by samuel

home economics
Wha is leisure?give 5 implications of leisure
Friday, April 15, 2011 by Pwagwadi anthony madwatte

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 by Gar

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 by Gar

Economics
In the long run, what effect will a decrease in aggregate demand have on real output?
Wednesday, April 13, 2011 by Jennifer

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 by April

Economics
Do you feel there are imbalances to our wage structure on our economy?
Tuesday, April 12, 2011 by gdlola

Economics
what is the purpose of the market system
Tuesday, April 12, 2011 by Danna

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 by jan

Economics
Why does the government try to tackle restrictive practices?
Friday, April 8, 2011 by Hannah

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 by Hannah

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 by dana

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 by Anique

home economics
what are 3 benifits of food imports into ireland?
Wednesday, April 6, 2011 by jennifer

home economics
Why do some workers make more money than others
Wednesday, April 6, 2011 by Anonymous

economics
what are 3 criteria used to evaluate taxes?
Tuesday, April 5, 2011 by abbey road

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 by Jen

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 by Mary

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 by george

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 by Yash

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 by Tiyana

home economics
what is an extraction rate
Tuesday, March 29, 2011 by kimberly harilall

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 by gdlola

home economics
IMPORTANCE OF ELECTRICITY TO THE DEVELOPMENT OF HOME ECONOMIS
Monday, March 28, 2011 by YAKS

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 by josh

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 by Rachel

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 by LIssy

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 by CLA

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 by CLA

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 by CLA

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 by kwame kinker

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 by INB2

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 by ak

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 by Kim

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 by sue

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Homework Help: Social Studies