Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

Economics
What long term effect of lifting of prices control.

Economics
What would happen to the price of cheeseburgers if the price of cheese went up? What would happen to the supply curve, demand curve, equilibrium price, and equilibrium quantity?

SS
The economics of the Caribbean South America rely largely on? A:valuable resources such as oil, coffee, and cacao. B:production of manufactured goods. C:mineral wealth found throughout the region. D:tourism, as the region lacks arable land I think D. thank you

principles of economics
When the price of paper increases from ​$250 to ​$256 per​ ton, the quantity supplied increases from 250 to 270 tons per day. The price elasticity of supply is nothing . ​(Enter your response rounded to two decimal​ places.)

Social Studies please help me
1. Which of these is an example of a capital resource A. Workers B.iron ore C. Entrepreneurs D. Computers 2. How does scarcity affect customers A. Limited money forces consumers to make choices B. Limited time prevents customers from making decisions C. Limited numbers of ...

economics
7. Which situation is more likely to occur in a market economy than a command economy? A. People line up for cheap but scarce products. B. A student is guaranteed a job out of college. C. An inventor designs and produces a new type of car. D. A committee chooses which farms ...

Economics
The fixed cost of producing five units of a particular commodity is given as #900 while the total cost of producing the same five units of this commodity is #1000.the marginal cost of the 6th unit produced later is #200.calculate the average variable cost for the production of...

economics
When the price of paper increases from ​$150 to ​$157 per​ ton, the quantity supplied increases from 200 to 210 tons per day. The price elasticity of supply is?

Economics
how would supply shift caused by lower costs of production affect price and quantity

Business/economics
Can someone please explain what "consumer socialisation" is. I would really appreciate it if its not copy and pasted from other website because I've searched it up, but I just don't understand it. Thank you

World History
1. Latin America is located in the northern hemisphere southern hemisphere western hemisphere eastern hemisphere 2. Mexicos central plateau is an important region because it is a mountainous region where few people live, but minerals are mined. most of the country's people ...

economics
Questions from Andreas Software Business A. How many software programs should Andrea sell to make the most profit? __________ What would her profit be? ___________ What is the marginal revenue for this number of programs? ____________ The marginal cost? _____________ B. If ...

economics
Which type of economic institution works to provide services to a community and does not pay taxes? A bank B market C non-profit D labor union

Economics
The average price level increases Stock prices plummet The interest rate decrease Business are pessimistic Does the Aggregate demand curve shift if so in what direction Labor productivity deceased Size of the labor force increases The average price level increass Does the ...

Economics
The demand curve for a monopoly is: 1. the MR curve above the AVC curve. 2.above the MR curve. 3.the MR curve above the horizontal axis. 4. the entire MR curve.

ECONOMICS
CALCULATION 4 DEMAND AND SUPPLY FUNCTION FOR A COMMODITY ARE GIVEN QD=4P+30 AND QS=2P+6

economics
Given demand curve of the monopolist :Q=30-0.3P,& given the cost function C=2Q2+20Q+10, a)find the profit maximizing level of output &price b)determine the max possible profit. c)check for the 2nd order condition.

economics
if the CPI for the year 2004 is calculated as 96.5. compared to the base year what can we say about the general price of goods and services at 2004

micro economics theory 2
a watch making firm operating in a competitive market.given by c= 100+ q2., where q is the level of output & c is total cost. a.the price of watches is birr is 60, how many watches produce to maximize profit? b.what will your profit level be? c.at what minimum price will you ...

micro economics theory2
demands for the two markets are p1 = 15 _ q1 & p2= 25-2 q2. the monopolist`s tc is c = 5+3(q1+ q2). what are price, output,profits,& mr if. a.the monopolist can price discriminate? b.the law forbids charging d/ f prices in the two regions?

micro economics theory2
prove that the slope of indifferenc curve is equal to budget line?

micro economics theory 2
prove the profit maximization of the consumer.mu= p by using mathmatical derivation.

economics
why we might be concerned about the potential for the misrepresentation of costs.

economics
Explain why we might be concerned about the potential for the misrepresentation of costs.

economics
explain the role of moral considerations in policy selections

economics
Explain why we can’t predict tax revenues by using the amount of the tax and the previous time period’s consumption.

economics
Explain the difference between efficient and cost-effective. Explain whether an outcome can be efficient and not cost effective. Explain whether an outcome can be cost-effect an inefficient.

economics
Explain why we might be concerned about the potential for the misrepresentation of costs.

Economics
A firm in a perfectly competitive market has the following cost function: c=1/3q3-5q2+30q+10 in the market- clearing price is 6, obtain the profit maximising level of output?

Economics
Which of the following is usually the most regressive tax? A. Inheritance tax B. Income tax C. Property tax D. General sales tax E. Luxury tax

Economics
Which of the following business situation would be banned by the Sherman Anitrust Act? A. A company invents a better product and charges higher price. B. A company lowers the price of a product in order to gain market share. C. A company buys up all competitors then raises ...

Economics
In 1997, the price of a particular basket of goods was $2,900. In 1998, the price of the same basket was $3,300. In 1996, the base year, the price of the basket was $2,500. (Hint: price index is price indexed to a base year.) A. Calculate price index for 1996, 1997, and 1998. ...

economics
. Predicting Consequences Use the table below to predict what would happen if airlines and baseball stadiums priced all seats the same instead of using variable pricing. What would happen to the number of tickets sold? What would happen to the total revenue from ticket sales? ...

Economics
For a monopolist allocating outputs in two different geographical markets Price 1/ P1=15-Q1, P2= 25-2Q2, TC=5+3(Q1+Q2). What are price, output, profits and MR, IF:a. The monopolist can price discriminate? b.The monopolist prohibited to price discriminate?

Economics
You have recently learned that the company where you work is being sold for 275000$ and income statements indicates current profit of 10000$ and interest remain constant at 10 % what constant rates does the owner believe that profits will grow? Does this seem reasonable?

Economics
Identify four characteristics of capitalists and socialist system of government

Economics
I don't get when to use the 7.65% and then the 1.45% How do you calculate the following below...given: number of hours worked-952 Hourly pay- $120.50 ______________________________ A. Gross pay for the year B. FICA Taxes C. Federal Income Tax D. Net Pay (A-B-C=_ ) right? ...

Economics
An article in The Wall Street Journal discusses a trend among some large U.S. corporations to base the compensation of outside members of their boards of directors partly on the performance of the corporation. “This growing practice more closely aligns the director to the ...

Managerial Economics
An article in The Wall Street Journal discusses a trend among some large U.S. corporations to base the compensation of outside members of their boards of directors partly on the performance of the corporation. “This growing practice more closely aligns the director to the ...

Economics
What is the differentiate between the exogenous and endogenous approach.

SS
Which of the following circumstances posses the greatest benefit and challenge to economics in the region? (region=southwest Asia) A:Lack of water B:Trade with foreign nations C:Dependance on oil D:Growth of tourism I think it is B Thank you for your help.

Economics
2. Identify three decisions that you (micro) have made recently. 3. Identify three decisions that our government (macro) has made recently. Use the internet, the newspaper, or television news to research this information. 4. List three resources that you allocate daily. ...

economics
Indicate if each newspaper headline below deals with a microeconomics (micro) or a macroeconomics (macro) issue. Pepsi to Introduce a New flavor - micro Russia Devalues Currency - macro Red Cross Needs Blood- micro Microsoft Still Tied-Up in Legal battle - micro Federal ...

economics
given the following information, calculate nominal GDP, real GDP, and the percentage increase in year two. Be sure to label the answers. Describe what is taking place in the economy. In the base year, 10 new cars were sold at $7,000 each, 20 new office chairs at $1500 each. In...

Economics
How to calculate price elasticity supply

economics
Searches related to Searches related to In a study of 100 firms,the total cost© was assumed to be dependent on the rate of output (X1) and the rate of absenteeism (X2).The means were: C=6 X1=3 X2=4.the matrix showing sums of squares and cross products ...

MICRO ECONOMICS
SHORT RUN COST FUNCTION TC=6Q^3-18Q^2+Q=100...FIND MC,AVC

managerial Economics
Yell-O Yew-Boats, Ltd. produces a popular brand of pointy birds called Blue Meanies. Consider the demand and supply equations for Blue Meanies: QD, x = 150 - 2Px + 0.001I + 1.5Py QS,x = 60 + 4Px - 2.5W Where Qx = monthly per-family consumption of Blue Meanies Px = price per ...

micro economics I
show the MRS for Cobb Douglass preference is ax2/bx1

economics
A firm's total cost is Tc=40+100Q-420Q^2+30Q^3. Find the unit of production at which average variable cost at minimum.

economics
Question.1 Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant. a. Define opportunity cost. b. What is ...

Economics
Suppose that there are 1,000 hot-pretzel stands operating in Toronto. Each stand has the usual U-shaped average total cost curve. Both the market demand curve and the supply curve for pretzels are linear, and the market for pretzels is in long-run competitive equilibrium. a) ...

Economics(Help)
Nancy is indifferent between a gamble that pays $625 with a probability of 20% and $100 with a probability of 80%, versus a sure payment of $269. She is also indifferent between another gamble that pays $269 with a probability of 50% and $10 with a probability of 50%, versus a...

Economics(pls Help)
Zoe Goggles is a deep sea underwater photographer. Her camera and lenses are valued at $4,000. There is a chance of 1/20 that she will lose her equipment on a dive over the course of the year. Her wealth, including the value of her equipment, is $30,000. Zoe’s utility ...

mathematical methods for economics
in a class of 300 students,they were given mathematics test in three subjects namely,economics,statistics and mathematics,90 students failed in economics,100 failed in statistics,96 failed in mathematics,60 failed in economics and statistics,64 failed in statistics and ...

Economics
Below are a few questions I had difficulty with so please check my answers and correct me if I am wrong, thanks :) 1. Kim, a public relations manager, has just completed the process of checking the references of several job candidates. What should she do next? Select one: A. ...

math
In economics, revenue Upper R is defined as the amount of money derived from the sale of a product and is equal to the number x of units sold times the selling price p of each unit. If the selling price is given by the equation p -1/10x+60 , express revenue R function of the ...

economics
demand for two markets are p1=15-q1 and p2=25-2q2 .THE monopolist Tc is c=5+3(q1+q2). what are price,output,profits and Mr if a,the monopolist can price discriminate b,the law forbids(prohibits)chrging different pricesin the two regions

Economics
When might the consumption possibilities frontier with trade not be outside the consumption possibilities frontier under autarky? Why?

mgf liberal arts
Four accounting majors, two economics majors, and three marketing majors have interviewed for five different managerial positions with a large company. Find the number of different ways that five of these people could be hired if the first two positions are to be filled by an ...

Managerial Economics
A monopoly can produce any level of output it wishes at a constant marginal (and average) cost of $5 per unit. Assume the monopoly sells its goods in two different markets separated by some distance. The demand curve in the first market is given by Q1 = 55 - P1, and the demand...

ECONOMICS
A REPORT ON WHY THE GOVERNMENT OWNS AND CONTROLS ONLY 30% OF THE RESOURCES IN MIXED ECONOMIC SYSTEM

economics
Why was Nicaragua important to America’s economy?

Economics
If you borrow $1000 from the bank, and the effective annual rate is 9.4% with monthly compounding. How much do you pay after 2 years?

economics
What is abnormal supply curve and diagram

Economics
Below are my answers to the following multiple choice questions, please check and correct me if im wrong, thanks :) 1.Manufacturing high end products in Canada requires (Multiple Answers Allowed) Select one or more: a. Very focused customer strategy b. International marketing ...

Math
Please help!! This is a really weird question but I'm in a dilemma. My economics teacher doesn't post our marks online so idk what mark I'm actually at in his class. Can anyone help me figure out what percent I'm at right now if I give the following information ? He has: ...

Math
Please help!! This is a really weird question but I'm in a dilemma. My economics teacher doesn't post our marks online so idk what mark I'm actually at in his class. Can anyone help me figure out what percent I'm at right now if I give the following information ? He has: ...

Math
This is a really weird question but mom in a dilemma. My economics teacher doesn't post our marks online so idk what mark I'm actually at in his class. Can anyone help me figure out what percent I'm at right now if I give the following information ? He has: Question cards ...

economics
The investment option with the highest rate of return and highest degree of risk is

Home economics
What is consumer education in economics

Economics
Suppose you borrow $100 of principal that must be repaid at the end of two years, along with interest of 4 percent per year. If the annual inflation rate turns out to be 8 percent, (a) What is the real rate of interest on the loan? (b) What is the real value of the principal ...

Economics-Macro
Help please?

Home Economics
List three careers for each Branches of Home Economics

History
How does sectionalism effect the economics and politics in the US today?

Economics
Consider the following simplified economy described by a Cobb-Douglas production function with three factors of production: “K” is physical capital (the number of machines), “L” is labor (the number of workers), and “H” is human capital (the number of college ...

Economics
please check my answers and help if they are wrong:) 1.Why did the fair trade movement develop? Select one: A. Because workers involved in producing commodities like coffee were not receiving fair payment for their products B. Because large industrialized countries were using ...

survey of economics
College Enrollment and Apartment Prices. Consider a college town where the initial equilibrium price of apartments is​ $400 and the initial equilibrium quantity is​ 1,000 apartments. The price elasticity of demand for apartments is 1.0 and the elasticity of supply ...

survey of economics
When the price of paper increases from ​$150 to ​$155per​ ton, the quantity supplied increases from 250 to 280 tons per day. The price elasticity of supply is 0.250.25. ​(Enter your response rounded to two decimal​ places.)

home economics
Please list 5 branches of home economics

Economics
why are there unemployment when there is recession?

Economics
Suppose your firm needs to produce 40 units if computers at the minimum cost. The function for production equates to Q=10L^2/3 K^1/3 with prices, L=50 and K=200. Compute for the Minimum Total Cost and optimal combination to produce the required units

Economics
A firm has an inverse demand function P = 30 – 2Q. It has a fixed cost of 50, and a per unit variable cost of 5. This firm breaks even at the output level(s): a. Q = 0 b. Q = 15 and Q =50 c. Q = 15 and Q = 30 d. Q = 2.5 and Q = 10 e. Q = 55

Economics
If Joe is currently consuming 64 nuts and 10 berries, what is the largest number of berries he would be willing to give up in exchange for 17 additional nuts?

HOME,ECONOMICS
CAREERS,IN,HOME,ECONOMICS

Management /economics
I really don't understand some of the questions but i tried my best so my answers are : 1. A 2. E 3. A 4. B 5. E please check and help :) 1. The chance that a society can actually achieve full employment is ________ percent. Select one: A. 1 B. 75 C. 10 D. 0 E. 45 2. Viral ...

Quick Economics help
What type of economy has the same wages regardless of work?

Quick Economics help
What is necessary for population growth?

Home economics
List 10 careers in home economics

economics
This chart shows the components of nominal GDP for the years 2000 and 2001. All figures are in billions of current dollars. Components 2000 2001 Consumption $6,684 $6,987 Investment $1,755 $1,560 Government Spending $1,751 $1,858 Exports $1,101 $1,034 Imports $1,467 $1,383 ...

Home-economics.
What is the Family tree of Home-economics.

Home-economics.
What is family tree.

value
what are the branches of home economics

Economics
16. Helen’s consumption function may be stated as $1,000 + 0.75 × YD.  If her income is $50,000, her consumption will be: A) 37,500. B) $51,000. C) $1,000. D) $38,500. E)  none of the above. My answer is A, i just want to double check if my answer is correct.

Economics
15. Helen’s consumption function may be stated as $1,000 + 0.75 × YD .  Her autonomous consumption is: A) 0.75. B) 0.25. C) $750 D) $1000. My answer is letter D, i just want someone to check if it's correct.

Economics
14. The life-cycle hypothesis and Permanent Income Hypothesis theories of consumption: A) are attempts to discredit the Keynesian consumption theory. B) believe that consumers do not have any autonomous consumption. C) assert that consumption is a necessity of life and does ...

home economics
10 uses of textile

Economics
Do you think a nation’s output should be distributed according to income or according to some other standard (such as basic human need)? Explain your answer.

home economics
what are the branches of fibre

home economics
what are the five branches of home economics?

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Homework Help: Social Studies