# Homework Help: Social Studies: Economics

## Recent Homework Questions About Economics

economics 1A
how does current production choices influence future production possibilities

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.

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?

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 enrollment ...

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 is...

Simple economics question
what are three examples of an oigopoly; what are three examples of a monopolistic competition? thank you!

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 ...

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?

economics
What are the following variables used for in economics: Nominal GDP, Real GDP, GDP Deflator and CPI?

economics
critically and analytically justify why is agric economic is relevant to your course national diploma in animal healh and production

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.

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...

economics
which product experience a larger change in price?

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 ...

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?

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 unanimous ...

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...

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 ...

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?

home economics
mention the types of disposal of fullness?

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

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?

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 increase...

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 equilibrium ...

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 ...

Economics Help ASAP!!?
1. How do they stock market performance indicators help predict the performance of the market? 2. What are their flaws?

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 ...

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 ...

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...

economics business studies maths literacy tourism
what are the courses for these subjects and careers

home economics
societies choose what share of their resources to devote to consumption

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.

economics
How does a budget differ when you have an irregular income vs. a predictable income? irregular income is monthly budget.

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...

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...

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.

Economics
In two or three paraghaphs,discuss how industrial growth in Texas has affected its natural resources

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?

economics
The privatisation of public enterprises will lead to efficient management of resources in the economy. The statement can be best be described as

Economics
how did the wizard of oz(the movie) relate to the social and economic texture of america?

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!

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 ...

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 ...

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 ...

micro economics
2q-20q=8000/q

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 ...

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 ...

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 ...

economics.Help!!!
How the technical rate of substitution and marginal product are relates and what is their difference?

Economics
\$2700 left in a variable rate interest bearing account in 1986 is worth how much today ?

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?

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?

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...

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...

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.

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?

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?

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?

Economics
Assuming a constant marginal cost, a lower price elasticity of demand would call for a relatively lower mark-up ration.

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 ...

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 ...

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...

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...

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 ...

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.

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...

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 ...

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...

Economics
Can there be inflation with without an increase in the money supply? How?

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...

economics
The actual change in the money supply equals

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?

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?

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? \$

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.

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?

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??

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?

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 ...

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 ...

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?

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 location ...

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't...

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 entrance fee...

Economics
What type of labor occurs in Kenya? What percentage of it is physical labor, mental, other? Thanks

Consumer Economics
What are three ways teens are preserving and cleaning the environment?

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?

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.

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 ...

Economics
The slope of the consumption function equals: A. 1-MPS B. 1/(1-MPS) C. 1-MPC D. MPC/MPS E. MPS

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

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 production method, ...

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 ...

Economics
Can someone please help me know why Kenya is currently in a trade deficit? I don't know which imports exceed the value of exports. Thanks

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...

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 ...

Economics
Which of these products or services is likely to have an inelastic supply in the short run? A. cargo ships B. haircuts C. newspapers D. staples I chose D and got it wrong so would it be C instead?

Economics
(This homework question was removed due to a copyright claim submitted by K12 Inc.)

Economics
Graph A New Equilibrium: Y axis represents Quantity (hours per semester) 0, 25, 50, 75, 100, 125, 150 X axis represents Price of Tutoring (per hour) 0, 5, 10, 15, 20, 25, 30, 35, 40, 45, \$50 Question: Determine the approximately size of market surplus or shortage that would ...

economics
Assume that demand for product A can be expressed as QA = 500 ¨C 5PA + 3PB and demand for product B can be expressed as QB = 300 ¨C 2PB + PA. Currently, market prices and quantities for these goods are PA, = 5, PB = 2, QA = 481, and QB = 301. a. Suppose the price of product ...

Post a New Question