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July 30, 2014

Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

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economics
describe and compare the following types of monopolies and the benefits of their existence: natural, technological and franchises. thank you
Thursday, March 7, 2013 at 11:12am

EMS
mention and define any five concepts for each of the following subject,accounting;economics and business studies?
Thursday, March 7, 2013 at 9:18am

Economics
I have to do a housing project for economincs class. I have to pick a house. It has to include what kind of house it is and the square footage of the house and the square feet of the living space. Where would I search for this information
Wednesday, March 6, 2013 at 9:59am

Economics
Present value equivalent for geometrically increasing series when the first year base of 4,000 increasing at 4% per year to year 15 at an interest rate 17% compounded continuously? urgent Help please
Tuesday, March 5, 2013 at 8:42pm

economics 1A
how does current production choices influence future production possibilities
Sunday, March 3, 2013 at 11:11am

ECONOMICS
Data Collected in the imaginary econmomy of Chipolaysia reveals that when the price of dorf decreased by 25%, the quantity of dorf sold increased by 10%, and the quanity of goo demanded decreased by 30%. What is the cross-price of demand between go and dorf.
Friday, March 1, 2013 at 10:18pm

ECONOMICS
solution:the total cost function of a firm is given by C=.04q^3-.9 q^2+10q+10.find slope of average cos?
Wednesday, February 27, 2013 at 11:59pm

economics
šPlease explain these question in words! š How will demand and supply curve shift? 1. Labor market for math and science teachers when wages available in private industries utilizing these skills rise. 2. Labor market for university professors when college...
Wednesday, February 27, 2013 at 1:28am

Economics
We're looking at the market for cat food. When the price is $10, the quantity sold is 1000 bags. When the price drops 10%, the quantity sold increases 30%. Calculate the price elasticity of demand. (Answer in format X.XX, round to the nearest hundredth.) I know the formula...
Monday, February 25, 2013 at 7:13pm

Simple economics question
what are three examples of an oigopoly; what are three examples of a monopolistic competition? thank you!
Monday, February 25, 2013 at 5:26pm

Economics
A $90,000 investment is made. Over a 5 year period, a return of $30,000 occurs at the end of the first year. Each successive year yields a return that is $3,000 less than the previous year's return. If money is worth 5 percent, use a gradient series factor to determine the...
Saturday, February 23, 2013 at 8:30am

Economics
Ben deposits $5000 now into an account that earns 7.5 percent interest compounded annually. He then deposits $1000 per year at the end of the first and second years. How much will the account contain 10 years after the initial deposit?
Thursday, February 21, 2013 at 3:59pm

economics
What are the following variables used for in economics: Nominal GDP, Real GDP, GDP Deflator and CPI?
Thursday, February 21, 2013 at 3:58am

economics
critically and analytically justify why is agric economic is relevant to your course national diploma in animal healh and production
Wednesday, February 20, 2013 at 4:56am

Economics
Joe's utility over consumption and leisure is given by c^(1/2)+@l^(1/2), where @ is a positive constant. Find and graph Joe's labor supply.
Monday, February 18, 2013 at 11:20pm

Economics
The following is a cost function for clinic visits in a small inner city clinic: a.Determine the marginal cost for each level of output. b.If the price per visit is given to be $25, at what level of visits will the maximum profit position be? What are the profits at this level...
Monday, February 18, 2013 at 7:49pm

economics
which product experience a larger change in price?
Sunday, February 17, 2013 at 5:05am

macro-economics
1.In an attempt to curb the problem of unemployment and win the forthcoming elections the government of the republic of zambia has decided to hire unemployed workers who had previously been receiving unemployment benefits as government employees and will now pay them to do ...
Wednesday, February 13, 2013 at 10:22am

economics
Median income in a country rises by $5000 per year. The price of good X falls by $4. Quantity demanded for good x falls by 15,000 units per year. What can we say with good X?
Wednesday, February 13, 2013 at 2:36am

AMERICAN GOVERMENT Would someone PLEASE check ans
1. The source of the Supreme Court’s authority is (D) moral suasion. judicial activism. concurring opinion. dissent. 2. When the Supreme Court hands down a decision, it is (A) often a mixed decision with majority, dissenting, and even concurring opinions. always a ...
Sunday, February 10, 2013 at 9:41pm

Managerial Economics
Suppose your marketing department does a survey of potential users and finds that these users place the following values on the two versions of your software. Software Version Home Users Commercial Users Full featured version $175 $225 Disable version $150 $200 If the numbers...
Sunday, February 10, 2013 at 9:33pm

Economics
Suppose the consumer has convex preferences, and we know (2, 4) ~(6, 1). Is the statement (4,2.5) >=(6, 1) correct? What about the statement (4, 2.5)> (6, 1)? Suppose now the consumer has strictly convex preferences, and and we know (2, 4) ~ (6,1). Does any of your ...
Saturday, February 9, 2013 at 8:08pm

economics
data collected in the imaginary economy of karabekiar reveals that when price of bork increased by 20%, the quantity of bork sold decreased by 15% and the quantity of perf demanded decreased by 10% what is the cross-price elasticity of demand between perf and bork?
Thursday, February 7, 2013 at 8:15pm

home economics
mention the types of disposal of fullness?
Thursday, February 7, 2013 at 8:41am

economics
Thursday, December 4, 2008 at 10:30pm by kim. PHYSICS 1. A 4.0 N force acts for 3 ... The following is a list of figures for a given year in billions of dollars. Using this data, compute: (a) GDP; (b) NDP; (c) NI; (d) PI; (e) DI; (f) Net exports
Thursday, February 7, 2013 at 4:16am

Economics
One supply-side measure introduced by the Reagan administration was a cut in income tax rates. Use an aggregate demand/aggregate supply diagram to show what effect was intended. What might happen if such a tax cut also shifted the aggregate demand curve?
Monday, February 4, 2013 at 9:57pm

economics
If capital’s share of income is 25% and labor’s share of income is 75%, the stocks of both capital and labor increase by 50% (K/K = N/N = 0.5), and there is no technology growth, at what rate will potential output grow? Will the capital-labor ratio ...
Monday, February 4, 2013 at 4:44pm

Economics
There are 10 identical consumers whose demand is D: p = 20 - 10q. There are 10 identical firms, each firm's marginal cost is MC(q)= 5 + 5q. The market is competitive. a) derive the market demand function b) derive the market supply function c) what is the market ...
Monday, February 4, 2013 at 11:24am

economics
If the government imposes a quantity tax on the consumption of a good, it means that the consumer has to pay for each unit of the good its price plus the tax. For example, if the price of a chocolate bar is $5 and the government imposes a tax of 20 cents on the consumption of ...
Saturday, February 2, 2013 at 5:29pm

Economics Help ASAP!!?
1. How do they stock market performance indicators help predict the performance of the market? 2. What are their flaws?
Friday, February 1, 2013 at 11:55am

Intermediate Macro Economics
To complete the analysis, Chuck wants to know more about the revenue that he can generate from his farm. The price of corn, p(y), depends on how much Chuck produces. The price function is speci ed as p(y) = 3 0:05y c. The revenue that Chuck can generate depends on both the ...
Wednesday, January 30, 2013 at 9:57pm

economics
The country of Arkanslavia had money supplies of 183 million arkollars in 2010 and 644 million in 2011. They have real output of 791 arkollars in both years. In Arkanslavia velocity was 7 in 2010 but changed to 5 in 2011. What is the difference in the price level between 2011 ...
Wednesday, January 30, 2013 at 8:20pm

Economics
a firm in a purely competitive industry is currently producing a 1000 unir per day at a total cost of $450. if the firm produced 800 units per day, it total cost will be $300, and it it produced 500 units per day, it total cost will be $275. Requirements: (1) what are the firm...
Sunday, January 27, 2013 at 5:14pm

economics business studies maths literacy tourism
what are the courses for these subjects and careers
Thursday, January 24, 2013 at 8:38am

home economics
societies choose what share of their resources to devote to consumption
Tuesday, January 22, 2013 at 4:28am

economics
Select a product and for that the government places a mandated price ABOVE the equilibrium price, based on your research how would this affect the market equilibrium, explain your view.
Thursday, January 17, 2013 at 7:09pm

economics
How does a budget differ when you have an irregular income vs. a predictable income? irregular income is monthly budget.
Wednesday, January 16, 2013 at 9:32pm

economics
Jesse and Kimberly recently graduated from college and are starting a family. Currently, they are just making ends meet with their $45,000 salary. They want to contribute the maximum amount (currently $2,000) to fully fund an Educational Savings Account when their baby is born...
Wednesday, January 16, 2013 at 9:31pm

economics
Kimberly works for a well known financial company as a sales representative. She earns a small base salary but receives commission off every product she sells. Kimberly has basic living expenses in addition to a student loan. She wants to start adding to her Roth IRA and buy a...
Wednesday, January 16, 2013 at 9:29pm

Economics
Owners of digital cameras have to buy memory cards in order to use the cameras. Cameras and memory cards are: A. substitutes. B. complements C. unrelated. D. elastic.
Wednesday, January 16, 2013 at 6:46pm

Economics
In two or three paraghaphs,discuss how industrial growth in Texas has affected its natural resources
Tuesday, January 15, 2013 at 6:51pm

economics
Mary earns $100/day at a flower shop. She will take 2 days off without pay to attend an out of town wedding. Transportation will cost $180 round trip. Hotel $99/day for 2 nights. What is the opprotunity cost?
Sunday, January 13, 2013 at 10:37pm

economics
The privatisation of public enterprises will lead to efficient management of resources in the economy. The statement can be best be described as
Friday, January 11, 2013 at 9:18pm

Economics
how did the wizard of oz(the movie) relate to the social and economic texture of america?
Thursday, January 10, 2013 at 9:44pm

Economics
We created a new iPod for a scarcity project, and we can't come up with a slogan to save our lives. Help? Some of the features are picking songs based on your mood( like a mood ring) and being able to work through homework problems. It would be amazing, huh? Please help!
Thursday, January 10, 2013 at 7:46am

economics
John has a job that requires him to travel 3 of every 4 weeks. He has an annual budget and can travel either by train or by plaine. The airline on which he typically flies has a frequent traveler programme that reduces the cost of his tickets according to the number of milels ...
Wednesday, January 2, 2013 at 11:54am

economics
John has a job that requires him to travel 3 of every 4 weeks. He has an annual budget and can travel either by train or by plaine. The airline on which he typically flies has a frequent traveler programme that reduces the cost of his tickets according to the number of milels ...
Wednesday, January 2, 2013 at 11:52am

basic economics
The U.S. capitalist system relies on a theoretical model, the circular flow model, with three basic elements interacting together to ensure that our needs and wants are provided. The three sectors are (a)consumer, (b)business, and (c)government. The circular flow model shows ...
Sunday, December 30, 2012 at 1:09pm

micro economics
2q-20q=8000/q
Sunday, December 30, 2012 at 3:50am

economics
1. Chipo has the following utility function of 2 goods Pies (X) and fanta (Y): U= log X + log Y. (a) show that the consumer maximizes utility subject to the budget constraint. (b) derive the demand functions of good X and good Y. 2. You are given the individual demand curves ...
Sunday, December 30, 2012 at 3:18am

economics
1. Chipo has the following utility function of 2 goods Pies (X) and fanta (Y): U= log X + log Y. (a) show that the consumer maximizes utility subject to the budget constraint. (b) derive the demand functions of good X and good Y. 2. You are given the individual demand curves ...
Sunday, December 30, 2012 at 3:17am

economics
1. Chipo has the following utility function of 2 goods Pies (X) and fanta (Y): U= log X + log Y. (a) show that the consumer maximizes utility subject to the budget constraint. (b) derive the demand functions of good X and good Y. 2. You are given the individual demand curves ...
Sunday, December 30, 2012 at 3:16am

economics.Help!!!
How the technical rate of substitution and marginal product are relates and what is their difference?
Thursday, December 20, 2012 at 1:41pm

Economics
$2700 left in a variable rate interest bearing account in 1986 is worth how much today ?
Wednesday, December 19, 2012 at 3:33pm

Economics
- Explain how the federal government uses Fiscal Policy to avoid problems in the economy. - Historically, where has the Federal government spent the most money?
Sunday, December 16, 2012 at 4:13pm

economics
the average tax charge is $95. Assuming a normal distribution as a standard deviation of $10, use the approximate areas beneath the normal curve to answer what proportion of tax prep fees were exactly $100?
Saturday, December 15, 2012 at 2:43pm

Economics
Given the following information calculate the Marginal Revenues. I am getting lost on the order because I know the formula is change in TR/change in Q. Q Price TR 60 26,000 (60x26K) = 1,560,000 70 22,000 (1,540,000) 80 18,000 (1,440,000) 90 14,000 (1,260,000) 100 10,000 (1,000...
Thursday, December 13, 2012 at 12:58pm

Economics
The total operating revenues of a public transportation authority are $100M while its total operatiing costs are $120M. The price per ride is $1, and the price elasticity of demand for transportation ia -0.4. The transportation authority has to eliminate its operating deficit...
Monday, December 10, 2012 at 6:31pm

Economics
The marginal revenue product (MRP) of land declines as more land is brought into production because: A.land is a "free and nonreproducible gift of nature." B.of diminishing returns. C.land rent has no incentive function. D.the supply of land is fixed.
Monday, December 10, 2012 at 5:10pm

Economics
Suppose the bottle water industry is competitive. If a bottle of water supplied by the typical firm has an ATC of 20 cents and the market price if 30 cents, is the bottle water industry in long run equilibrium?
Monday, December 10, 2012 at 1:41pm

Economics
If a soybean grower for who price exceeds average total cost for a wide range of output is currently producing where Average Total Cost is at a minimum, what economic advice would you give to this farmer and why?
Monday, December 10, 2012 at 12:22pm

Economics
If businesses believe consumption will increase six months from now, everything else held constant, and they begin to increase investment, what do you predict will happen to aggregate demand?
Monday, December 10, 2012 at 9:45am

Economics
Assuming a constant marginal cost, a lower price elasticity of demand would call for a relatively lower mark-up ration.
Sunday, December 9, 2012 at 11:03pm

Economics
n auto-service establishment has estimated its monthly cost function as follows: TC = 6000 + 10 Q where Q is the number of cars it services each months and TC represents its total cost. The firm is targeting 35,000 net monthly profit servicing 2000 cars. a. What price should ...
Sunday, December 9, 2012 at 10:45pm

economics
Consider the following news headline....Canadian minister of defence announces $9million purchase of 65 new fighter jets. Assuming that aggregate out put is demand determined and that the f-35 jets are purchased domestically what will be the effect of this action, all other ...
Saturday, December 8, 2012 at 9:29pm

economics
Using the saving and investment identities from the national Income Accounts to answer the following questions. Suppose the following values are from the national income accounts of a country with a closed economy. Y=$900 billion T= $200billion C=$500 billion G=$230 billion. a...
Saturday, December 8, 2012 at 6:30pm

Economics
Opera CD buyers are located in New York and Los Angeles. At the current price for a CD, $25 in both New York and Los Angeles, aggregate demand for Opera CD is 10,000 units (i.e. the sum of the demand in New York and Los Angeles); and the price elasticity of demand for Opera CD...
Saturday, December 8, 2012 at 4:53pm

Economics
1. Your country faces the following In the product market: IS = 6,752 - 37Y In the money market: LM = 1.75 In the BOP market: BP = -684 + 62Y a. Graph the above conditions. Is this an example of the classical case? If yes, explain. If no, show how it would look if it were the ...
Friday, December 7, 2012 at 9:34pm

Economics
Which of the following is a characteristic of a traditional economy? A. It encourages innovation and change. B. It is usually based on light industrial production. C. It has a high standard of living. D. It revolves around the family unit.
Thursday, December 6, 2012 at 10:50am

Economics
PROBLEM SOLVING 1: "ANDREA'S SOFTWARE BUSINESS" I. Complete the following table: DO THE MATH Data Number of Programs Total Fixed Costs Total Variable Costs Total Costs Marginal Costs Average Fixed Costs Average Variable Costs Average Total Costs 0 $60 $0 $60...
Tuesday, December 4, 2012 at 6:46pm

Math (trigonometry)
MONDAY  December 3, 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 Grade 4th Grade 5th Grade 6th...
Monday, December 3, 2012 at 8:14pm

economics
While sitting in your office one evening, you begin to think about some of the key microeconomic messages you want to communicate to the Board. (Key concepts include, but are not limited to, supply and demand, pricing, competition, costs & production, and economic value added...
Sunday, December 2, 2012 at 8:34pm

Economics
Can there be inflation with without an increase in the money supply? How?
Friday, November 30, 2012 at 8:23pm

Economics
Your pay stub deducts money for FICA. What does this mean? A. Money is being withheld for personal exemptions and deductions. B. Money is being withheld for excise and estate taxes. C. Money is being withheld to fund Social Security and Medicare. D. Money is being withheld for...
Friday, November 30, 2012 at 10:43am

economics
The actual change in the money supply equals
Wednesday, November 28, 2012 at 9:22pm

Economics
Suppose you earned $50,000 last year, and inflation is at 5%. You receive a salary increase of $2,000. Explain your increase salary in nominal and real terms. Did you receive an increase?
Monday, November 26, 2012 at 11:21pm

Economics
Derive the profit level at this profit maximizing levels of p and q (p = 55) and q = 50. Where the demand curve for a monopoly is p=105-q. Its cost function is C= 100+5q?
Monday, November 26, 2012 at 5:02pm

Economics
5. If the average adult produces $90,000 of output per year, how much output is lost as a result of adult deaths from secondhand smoke, according to the News on page 74? $
Friday, November 23, 2012 at 4:39pm

Economics, General Program Section 2
A day trader tries to make a profit by A. investing only in blue chip stocks. B. speculating with borrowed money. C. reducing risky investments. D. taking advantage of minute-by-minute changes in stock prices.
Friday, November 16, 2012 at 5:46pm

economics
The price of a wideget increases by 90%. What effect would we expect this to have on the equilibrium wage rate of workers who make widgets? Would this increase, decrease, or keep the wage rate the same?
Friday, November 16, 2012 at 11:57am

Economics
Which of the following will not produce an outward shift of the production possibilities curve? Reduction in unemployment rate. How? Wouldn't more employment produce more goods??
Friday, November 16, 2012 at 10:19am

7th grade
The story that I read for school (At Her Father's And Her Mother's Place) takes place in 1923 in Russia. What was life like during that time in terms of the politics and economics in Russia? Can you give me links to find these answers?
Thursday, November 15, 2012 at 9:46pm

7th grade Literature help
Hi, I need to pick one of the options below, but they are hard. Option One seems like it will take forever because I need to turn this in today and it takes me forever to research things. Option Two seems hard because I don't know what the main character (Tayla) would take...
Thursday, November 15, 2012 at 9:30pm

economics
Answer the next three questions on the basis of the following production possibilities data for Francia and Galacia. All data are in tons. (3 marks) Francia production possibilities: A B C D E Soup 60 45 30 15 0 Nuts 0 15 30 45 60 Galacia production possibilities: A B C D E ...
Tuesday, November 13, 2012 at 8:47am

managerial economics
Total cost function of a firm is TC= 200+4Q+2Q squared If the firm is perfectly competitive and the price of its product is $24, what is its optimal output rate?
Tuesday, November 13, 2012 at 4:38am

Economics
For each of the following products, write a few sentences answering the following questions: • Is price discrimination of any sort feasible? • If price discrimination is feasible, which of these pricing approaches would you consider using: market segmentation by ...
Monday, November 12, 2012 at 11:25pm

Economics
You are the manager of a firm that sells CD players and DVD players. You work in Buffalo, New York and this is the middle of winter. So the people that live within walking distance are the only customers you might get, and there are no other stores nearby. (FedEx and UPS can&#...
Monday, November 12, 2012 at 11:24pm

Economics
Two-Part Tariff Problem Suppose that each of a firm’s customers has the following demand curve: P = 20 – 2Q. Suppose also that the firm’s total cost function is TC = 8Q. The firm is considering three pricing strategies. Strategy 1: A single per unit fee. (No ...
Monday, November 12, 2012 at 11:24pm

Economics
What type of labor occurs in Kenya? What percentage of it is physical labor, mental, other? Thanks
Monday, November 12, 2012 at 3:23pm

Consumer Economics
What are three ways teens are preserving and cleaning the environment?
Monday, November 12, 2012 at 2:30pm

economics
What is a supply shock? Give an example of a current supply shock. Which way does this shock move the AS curve? What is the resulting impact on potential GDP and the price level?
Sunday, November 11, 2012 at 8:23pm

economics
Given the economic situation today, outline the discretionary fiscal policy you would promote if you were president. In terms of the AD-AS model, explain how your policies would affect the economy.
Sunday, November 11, 2012 at 8:19pm

Economics
What is kenyas factor of production for their land and labor? Which means what percentage do they use their land for what. For te labor it means what labor occurs their, whether it be physical or mental labor. I need details as well as percentages for both. I would really ...
Sunday, November 11, 2012 at 7:16pm

Economics
The slope of the consumption function equals: A. 1-MPS B. 1/(1-MPS) C. 1-MPC D. MPC/MPS E. MPS
Friday, November 9, 2012 at 2:15am

Economics
Consider the simple economy of Behr, whose government does not tax its citizens. The consumption function of Behr is given by: C=500+.8Y, where Y is income. the autonomous consumer spending in this economy is: A. $1000 B. $800 C. $500 D. $.80 E. $1800
Friday, November 9, 2012 at 2:13am

Economics
If an economy produces its most wanted goods but uses outdated production methods, it is --the answer is "it is not achieving productive efficiency. But doesn't productive efficiency mean using the "least cost method of production"? So if you use outdated ...
Thursday, November 8, 2012 at 6:20pm

economics
The graph on the left shows the short-run marginal cost curve for a typical firm selling in a perfectly competitive industry. The graph on the right shows current industry demand and supply. a. What is the marginal revenue that this perfectly competitive firm will earn on its ...
Thursday, November 8, 2012 at 2:17pm

Economics
Can someone please help me know why Kenya is currently in a trade deficit? I dont know which imports exceed the value of exports. Thanks
Wednesday, November 7, 2012 at 6:44pm

economics
Could someone check my work? Please When the government attempts to cover large deficits by creating more money, what is the probable result called? government borrowing hyperinflation (my choice) excess currency full employment 2. What is one of the major problems caused by a...
Tuesday, November 6, 2012 at 9:21pm

economics
3.Determine if the demand for the following products is price elastic or price inelastic, and explain your answer. In your explanation, be sure to include how the necessity of a good and the availability of substitutes affect the price elasticity of demand in each of these ...
Tuesday, November 6, 2012 at 6:15pm

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