# Homework Help: Social Studies: Economics

## Recent Homework Questions About Economics

economics
How do you calculate economic profit without knowing the quantity? Here is the information included in the question I'm trying to answer regarding finding the economic profit. price - \$8.50 current output - 100 units ATC at current output - \$9.00 AVC at current output - \$8.00 ...

math
3. In a class of 40 boys, 18 passed Business Mathematics, 19 passed Accounts, 10 passed Economics, 6 passed Accounts only, 5 passed Business Mathematics and Accounts only, 2 Passed Accounts and Economics only. How many passed in all three papers.

Maths
in a class of 40 boys 18 passed business mathematics, 19 passed accounts, 10 passed economics, 6 passed accounts only, 5 passed business mathematics and accounts only, 2 passed accounts and economics only. how many passed in all three papers

Managerial Economics
Two competing hospitals in small city can choose whether to offer only basic health care, all- purpose care, or specialized care. The following payoff table denotes profits for each hospital: Hospital B's Services Hospital A's Services Basic All-Purpose Specialty Basic 5, 7 9...

Managerial Economics
Since dry cleaning produces air pollution, a small town with two dry cleaning companies has decided to regulate the dry cleaning industry. The two dry cleaning companies, Company A and Company B, currently produce 350 units of air pollution, which the town wants to reduce to ...

Managerial Economics
Problem 1 (50 points) The city of San Diego is considering extending the trolley (the downtown mass transit train) 11 miles from Old Town up to La Jolla. The cost of construction would be \$1.7 billion. The estimated ridership along the new section is 18 thousand per day work ...

Maths
In a class of 40 boys, 18 passed Business Mathematics, 19 passed Accounts, 10 passed Economics, 6 passed Accounts only, 5 passed Business Mathematics and Accounts only, 2 Passed Accounts and Economics only. How many passed in all three papers.

math
in a class of 40 boys 18 passed business mathematics, 19 passed accounts, 10 passed economics, 6 passed accounts only, 5 passed business mathematics and accounts only, 2 passed accounts and economics only. how many passed in all three papers

American History
1. Reagan embraced the idea that through tax incentives the private sector would shift its resources from tax shelters to productive investment. This theory is referred to as A. supply-and-demand economics. B. neofederalism. C. deficit economics. D. supply-side economics. 2. ...

economics
Explain the relative advantages and disadvantages of time series and cross section studies for estimating cost fiction in the long run

economics
Why is the subject of managerial economics relevant to the problem of global warming

economics
What is the effective marginal tax rate of a government antipoverty program that guarantees every family a minimum income? Explain. Why might trying several antipoverty benefits to income level lead to an effective marginal tax rate of greater than 100 percent?

economics
2. Your state has a retail sales tax of 10 percent but it exempts food, prescription drugs, and all services including housing services, repair services, and consumption of electricity and other public utility services. Use supply-and-demand analysis to explain how the prices ...

Economics
An industry has only two firms producing outputs y1 and y2, respectively. The first firm has a cost function of TC(y1) = 20 + 20y1 and the second has a cost function TC(y2) = 10 + 5y2 + y22. The demand function for the product these firms make is Q = 120 - 3P, where Q is the ...

Economics
An industry has only two firms producing outputs y1 and y2, respectively. The first firm has a cost function of TC(y1) = 20 + 20y1 and the second has a cost function TC(y2) = 10 + 5y2 + y22. The demand function for the product these firms make is Q = 120 - 3P, where Q is the ...

Economics
A city must decide whether to build a downtown parking garage and what rate to charge. It is considering two rates: a flat \$1.50-per-hour rate or an all-day rate averaging \$1 per hour (based on a \$10 daily rate and an average 10-hour stay). Parking demand is given by Q = 900-...

Economics help
Why important is it to consider exchange rates when planning to travel to another country

Economics
How to get annual interest cost?

economics
Assume a firm is a monopsonist that can hire its first worker for \$6 but must increase the wage rate by \$3 to attract each successive worker (so that the second worker must be paid \$9, the third \$12, and so on). The marginal revenue product of labor is given in the table below.

Economics
Hamburgers supply and demand puzzle

economics
A transport company purchased a truck for \$40,000. The operating cost was \$2,000 per month, with average revenues of \$4,000 per month. The truck was sold for \$16,000 after two years. The company's monthly rate of return was closest to: 3% 5% 7% 10%

economics,life science,math literacy and consumer studies
what career can i persure with these subjects?

Biochem

economics
Which of the following is an example of a fiscal policy? Raising taxes in order to cover a budget deficit. Preventing unions from going on strike. Increasing the level of the minimum wage. Restricting the amount of money that banks can lend.

economics
In which of the following situations would the price of a good be most likely to increase? An increase in production costs results from a rise in wages. A rise in demand happens too quickly for producers to increase production to keep up. A breakthrough in productive ...

economics
6)Assume the graph below represents the market demand for a patented prescription drug together with the firm-level marginal cost and average cost functions for producing the drug. Assume these cost curves do not reflect R&D costs of developing this drug, but only reflect ...

economics
What does Marx mean to convey by the term "species-being"? Does this concept help you to understand estrangement and alienation more clearly? got this so far Species-being is like what human life should be, ideally. It is humanity itself. Human potential.

economics
Do Marx's claims about estrangement and alienation still hold true today? Explain. not sure

economics
Are there some jobs that don't fit Marx's claims? If so, what are they, and why don't they lead to estrangement and alienation? If not, why are estrangement and alienation part of all forms of labor? i said not estrangement and alienation are part of all forms of labor because...

economics
Does Marx's essay help illuminate any of your own work experiences? Can you relate to his discussion? Why or why not? what if i don't have any work expericence could i just said that or is it talking about another work

economics
What was Marx's purpose in writing this essay? Does he succeed in getting his point across?

Economics
Mallory's total income last year was \$24,000, but she could deduct \$12,000 for various reasons. If she had to pay 15 percent of her taxable income in federal income tax, what was her total tax payment?

economics
I have the wuestions on an attachment

Economics
A 20-year-old student decided to set aside \$100 on his 21st birthday for investment. Each subsequent year through his 55th birthday, he plans to increase the investment on a \$100 arithmeticgradient. Hewill not set aside additional money after his 55th birth- day. If the ...

Economics
A 20-year-old student decided to set aside \$100 on his 21st birthday for investment. Each subsequent year through his 55th birthday, he plans to increase the investment on a \$100 arithmetic gradient. He will not set aside additional money after his 55th birth- day. If the ...

economics
What are welfare payments or consumer subsidies

Managerial Economics
Mirk Labs is a pharmaceutical company that currently enjoys a patent monopoly in Europe, Canada, and the U.S. on Zatab, an allergy medication. The global demand for Zatab is Qd= 15.0- 0.2 P where Qd is annual quantity demanded (in millions of units) of Zatab, and P is the ...

Economics
If stores are charging the same prices for their merchandise, what techniques might each one adopt to differentiate its products and services from the others? What kind of competition does this illustrate?

Managerial Economics
Mirk Labs is a pharmaceutical company that currently enjoys a patent monopoly in Europe, Canada, and the U.S. on Zatab, an allergy medication. The global demand for Zatab is Qd= 15.0- 0.2 P where Qd is annual quantity demanded (in millions of units) of Zatab, and P is the ...

Managerial Economics
Mirk Labs is a pharmaceutical company that currently enjoys a patent monopoly in Europe, Canada, and the U.S. on Zatab, an allergy medication. The global demand for Zatab is Qd= 15.0- 0.2 P where Qd is annual quantity demanded (in millions of units) of Zatab, and P is the ...

Economics
A 20-year-old student decided to set aside \$100 on his 21st birthday for investment. Each subsequent year through his 55th birthday, he plans to increase the investment on a \$100 arithmetic gradient. He will not set aside additional money after his 55th birth- day. If the ...

Economics
EconMacro4 Chapter 9 Aggregate Expenditures and Demand 7. A. What are the components of aggregate expenditure? Page 148 Add to the consumption function, investment, government purchases and net exports (C + I + G + (X-M). B. In the model developed in this chapter, which ...

Micro economics
What is the optimizing behaviour of the firm?

economics
During the Enlightenment, the City of Calgary had a more-or-less free market in taxi services. Any respectable rm could provide taxi service as long as the drivers and cabs satis ed certain safety standards. Let us suppose that the constant marginal cost per trip of a taxi ...

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

Economics
How did government policies and businesses lead to the globalization of production? what was the impact on the U.S. stock market?

HOME ECONOMICS
LIST AND EXPLAIN 5 CAREER OF HOME ECONOMICS

Economics
Why do opportunity costs change?

economics
Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. it shows Mauricio's initial budget constraint. The price per unicycle is \$120 and per monkey is \$90. what happens to Mauricio's budget line when the ...

economics
Mauricio has a circus act, and he has a budget of \$720 to spend on monkeys and unicycles. The cost of a unicycle is \$120 and the cost of a monkey is \$90. where would you place point a and b the quantity of monkeys at max is 10 and quantity of unicycles are 10 as well

economics
First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled each scenario, calculate the ensuing surplus. Roy is willing to pay \$2.50 for a sports drink. He notices the price is \$2.79 and chooses not to ...

economics
First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled each scenario, calculate the ensuing surplus. Claire is trying to sell her used calculus textbook online. She asks for \$150 or best offer and is ...

economics
First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled each scenario, calculate the ensuing surplus. Nicole has in her possession a hockey puck from the 2010 Winter Olympic Games and sells it on eBay. ...

economics
First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled each scenario, calculate the ensuing surplus. Jeff finds some steaks for \$16 for which he would have been willing to pay \$20. The butcher notices ...

economics
First,label the following scenarios as to whether they would create a producer or consumer surplus. Then, after you have labeled each scenario, calculate the ensuing surplus. Alice is willing to spend \$30 on a pair of jeans, and has a coupon for \$10 off she found online. She ...

economics
Please sort the following statements about property rights as either true or false. property rights include the right to buy or sell one's resources and goods All countries are equally effective at enforcing property rights Property can be tangible or intangible The ...

Economics
explain why positive and negative externalities are market failures

Algebra

economics
I need to address computer ability to grow the Gross domestic product ,create competition and make other industries efficient help me?

economics
which ones are true or false? property rights include the right to buy or sell one's resources and goods All countries are equally effective at enforcing property rights Property can be tangible or intangible The enforcement of property rights prevents many mutually beneficial...

economics
Producer surplus is shown graphically as the area: under the demand curve and above the market price. under the demand curve and below the market price. above the supply curve and below the market price. above the supply curve and below the market price. above the supply curve...

economics
Producer surplus is the difference between: the maximum price a seller is willing to accept and the market price. the maximum price a buyer is willing to pay and the market price. the market price and the minimum price a seller is willing to accept. the market price and the ...

economics 2
During the first 13 weeks of the television season, the Saturday evening 8:00 P.M. to 9:00 P.M. audience proportions were recorded as ABC 29%, CBS 28%, NBC 25%, and independents 18%. A sample of 300 homes two weeks after a Saturday night schedule revision yielded the following...

Micro-Economics
Suppose that the government imposes a tax on heating oil. 1. Would the deadweight loss from this tax likely be greater in the first year after it is imposed or in the fifth year? 2. Would the revenue collected from this tax likely be greater in the first year after it is ...

Economics
State of the good is pure private, pure punlic, or mixed. 1. County zoo 2. UPS Delivery 3. Air conditioning 4. Flood control projects 5. Elementary education 6. Pollution 7. Math tutor I think they are: 1. Mixed 2. Mixed 3. Mixed 4. How is a project a good? 5. Pure private 6. ...

english
10 home economics related subject

Economics
Given the following data, use present worth analysis to ﬁnd the best alternative, A,B, or C. A B C Initial cost \$10,000 15,000 \$12,000 Annual beneﬁt 6,000 10,000 5,000 Salvage value 1,000 −2,000 3,000 Useful life 2 years 3 years 4 years Use an analysis ...

Economics
An engineer has received two bids for an elevator to be installed in a new building. Given a 10% interest rate, which bid should be accepted? Alternatives Westinghome Itis Installed cost \$45,000 \$54,000 Annual cost 2700 2850 Salvage value 3000 4500 Life, in years 10 15 Can ...

Economics
There are two brothers, Joe and Marc who both like candy. When Joe shops he always spends \$10 on candy When Marc shops he always buys 10 pieces of candy. What is Joe's elasticity of demand for candy? Why? What is Marc's elasticity of demand for candy? Why?

Economics
What happens to the cash flow statement for a company operating on a calendar year when a sale is made in December but the firm isn’t paid until the following January?

Economics
Does this production possibilities curve reflect the law of increasing opportunity costs.explain

home economics
20 carriars in clothing and textile

What are five global or regional trends that influence China? How do these trends affect marketing, finance, value chain, human resources, and economics, within China?

am studyng Grade11 and am confused,I feel i want to study Tourism and hopefully make it my career but i also want a career that includes all my subjects not to pick from one them.What should i study after grade12?Help please

US History
What factors made New England so different from the middle and southern colonies? Consider such things as economics, environment, social make up, philosophy, and religion?

home economics
the south african is not providing enough welfare or subsidies to the poor and underpriviledge

Finance/Economics
You can invest your money in a taxable corporate bond paying 10% interest or a tax-free municipal bond paying 7% interest. Which would pay the higher after tax interest if you are in the 28% tax bracket?

Economics
The key feature of a market system is A. competition. B. profit. C. demand. D. supply.

Economics
Country A is producing 4 units of X and 8 units of Y and country B is producing 4 units of X and 6 units of Y. The opportunity cost of producing more of A) good X is the same for both countries. B) good Y is the same for both countries. C) good X is lower in country A. D) good...

economics
How to calculate item weight of an item

Economics
Are these questions positive or normative? 1)Too many people smoke. 2)Lung cancer kills millions each year. 3)If government were to increase taxes on cigarettes, people would smoke less.

Economics
Very confused on how to figure these out. Suppose that the following table shows the weekly visits to an amusement park as a function of the daily admission fee charged: #visits daily fee 200 \$50 400 \$40 600 \$30 800 \$20 1000 \$10 What is the price elasticity of demand when the ...

Economics
Use the concept of demand price elasticity to explain why grocery store items are often available to shoppers who have “coupons” clipped from local newspapers at a lower price than they are available to shoppers who don’t have coupons.

Annual per capita consumption of milk is 21.6 gallons (Statistical Abstract of the United States: 2006). Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the mid western town of Webster City ...

Economics 6
Annual per capita consumption of milk is 21.6 gallons (Statistical Abstract of the United States: 2006). Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the mid western town of Webster City ...

economics
what are welfare payments / consumer subsidies

economics
Hello, I am currently busy writing an essay and run against a wall: If government decreases the corporate tax rate, what would be the short-run and long-run effect on the aggregate supply, aggregate demand and Long-run aggregate supply in terms of shifts. (AS-AD Model) Would ...

economics 11
The demand and supply schedules for milk are as follows: Price Quantity Demanded Quantity Supplied 10 0 125 8 20 95 6 40 65 4 60 35 2 80 5 a. On the same graph, draw the demand and supply curves. What does the demand curve for a product describe? What does the supply curve for...

economics 6
Annual per capita consumption of milk is 21.6 gallons (Statistical Abstract of the United States: 2006). Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the mid western town of Webster City ...

economics (7)
An electronics company advertises that the battery life of its new smart phone with normal usage averages 72 hours. The company says this is one of the desirable characteristics of the phone which makes the phone a better choice compared to competitor phones. Recently, the ...

economics
An electronics company advertises that the battery life of its new smart phone with normal usage averages 72 hours. The company says this is one of the desirable characteristics of the phone which makes the phone a better choice compared to competitor phones. Recently, the ...

economics
Annual per capita consumption of milk is 21.6 gallons (Statistical Abstract of the United States: 2006). Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the mid western town of Webster City ...

economics
what are the consequences of providing welfare and subsidies in South Africa?

economics 7
An electronics company advertises that the battery life of its new smart phone with normal usage averages 72 hours. The company says this is one of the desirable characteristics of the phone which makes the phone a better choice compared to competitor phones. Recently, the ...

economics 6
Annual per capita consumption of milk is 21.6 gallons (Statistical Abstract of the United States: 2006). Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the mid western town of Webster City ...

economics 6
Annual per capita consumption of milk is 21.6 gallons (Statistical Abstract of the United States: 2006). Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the mid western town of Webster City ...

economics 5
At Western University the historical mean of scholarship examination scores for freshman applications is 900. A historical population standard deviation = 180 is assumed known. Each year, the assistant dean uses a sample of applications to determine whether the mean ...

economics 6
Annual per capita consumption of milk is 21.6 gallons (Statistical Abstract of the United States: 2006). Being from the Midwest, you believe milk consumption is higher there and wish to support your opinion. A sample of 16 individuals from the mid western town of Webster City ...

economics 5
At Western University the historical mean of scholarship examination scores for freshman applications is 900. A historical population standard deviation = 180 is assumed known. Each year, the assistant dean uses a sample of applications to determine whether the mean ...

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