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Homework Help: Social Studies: Economics

Recent Homework Questions About Economics

Economics
Total cost and total variable cost are parallel, yet average total cost and average variable cost are not parallel. a. Demonstrate mathematically that ATC and AVC are not parallel. b. Show mathematically that when both ATC and AVC are falling, ATC falls faster than AVC, and ...

Economics
Consider the production function Q= 20K^(1/2)L^(1/2). The firm operates in the short run with 16 units of capital. a. The firm's short-run production function is Q=? b. The average product of labor function is AP=? c. The marginal product of labor function is MP=? d. Show that...

Economics
Total cost and total variable cost are parallel, yet average total cost and average variable cost are not parallel. a. Demonstrate mathematically that ATC and AVC are not parallel. b. Show mathematically that when both ATC and AVC are falling, ATC falls faster than AVC, and ...

Economics
Consider a perfect competitive market. Analyze in detail using graphical tools what would happen to the number of firms and firm profitability in short run and long run if demand for product falls and if it rises

economics
A firm has fixed costs of $30.00 and variable costs as indicated in the table below. Complete the table. Instructions: Round your answers so that you enter no more than 2 decimal places. Total Product Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average ...

Economics
assume that gross national debt is equal to $3million and the federal government then runs a deficit of $300 billion. What is the new level of gross national debt

AP World History
What were the changes and continuities in African economics, politics, and culture between 600 and 1750??

Economics M/C
Please help: If the rate of separation is 0.02 and the rate of job finding is 0.08 but the current unemployment rate is 0.10, then the current unemployment rate is __ the equilibrium rate, and in the next period it will move __ the equilibrium rate. a) above; toward b) above; ...

statistics
IQ scores are normally distributed and assume that the average IQ for all Economics majors is 108 with a standard deviation of 11. What percentage of Economics majors would have an IQ of more than 118?

Economics
can you help me brain storm? I want some points on why Per Capita GDP might be a bad way to compare wellbeing across countries.

Economics M/C
Hi, I am having difficulty determining the answer for the following question: The market in which the assumption of continuous market-clearing seems to be LEAST applicable is the: a) stock market b) market for wheat c) labour market d) market for federal bonds I was thinking d...

Economics
Your demand curve for baseball tickets is as follows: price per ticket Qd $1 4 $2 3 $10 2 $20 1 YOu buy 2 tickets at $10 each. THe value yo you of the two tickets is what? It say the answer is $30. I do not understand why you have to add 10 and 20. I thought it would just be ...

home economics
Examples of cooking

Economics
I am studying at University,so my subject is more difficult.So I need a help on my subject.Do you know about a best economic web site?If you know the best economic web site,please write on my post.Thanks for your help

Math/Economics
Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. When the firm hires 6 workers it produces 90 units of output. Fixed cost of production are $6 and the variable cost per unit of labor is $10. The marginal product of the seventh...

Math/Economics
Suppose that a firm has only one variable input, labor, and firm output is zero when labor is zero. When the firm hires 6 workers it produces 90 units of output. Fixed cost of production are $6 and the variable cost per unit of labor is $10. The marginal product of the seventh...

economics
What two kinds of changes in the capital stock can improve labor productivity? How can each type be illustrated with a per-worker production function? What determines the slope of the per-worker production function?

14-) (Rules of the Game) How do “rules of ...

economics
5. A market contains a group of identical price-taking firms. Each firm has a marginal cost curve MC(Q) = 2Q, where Q is the annual output of each firm. A study reveals that each firm will produce if the price exceeds $20 per unit and will shut down if the price is less than $...

Economics
(BLANK) is the method by which a corporation "writes down" the cost of an assent over a period of years as opposed to (BLANK)

Economics
This is about economic solution.There are 2 regions but they were given by different each other function of demand and supply.1.First question is we won't sell these products on both regions and you can't transport the product each other.So please find the equilibrium price,...

economics
You’re the manager of global opportunities for a U.S. manufacturer, who is considering expanding sales into Europe. Your market research has identified 3 potential market opportunities: England, France, and Germany. If you enter the English market, you have a 0.5 chance of ...

economics
Is limitless growth really possible? What forces do you think will be most important in slowing or halting economic growth?

managerial Economics
If a stock is expected to pay an annual dividend of $20 forever, what Is the approximate present value of the stock, given that the discount Rate is 5%?

economics
Ali pays Rs. 855 property tax.What is the assesed value of his home, if the tax rate in his locality is 2.5% ?

macroeconomics
18. 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. Transfer payments $ 16 Government purchases 80 Personal taxes 38 Corporate income taxes 28 Indirect business ...

Engineering Economics
Sales of bottled water in the U.S totaled 16.3 gallons per person in 2004. Water costs .40 cents per bottle.A municipal company provides tap water for $2.10 per 1000 gallons. If the average person drinks two bottles of water per day or uses 5 gallons per day in getting that ...

economics
Suppose that in this city, the price of a spaghetti dinner changes from $10 to $15. Which of the following statements correctly describes what happens in the calculator? I. There is a reduction in the number of dinners that people buy. II. There is a reduction in demand. III...

economics
An accountant deposits 100 per month into an account that pays 8% per year compounded quarterly ( no interperiod compounding) How much will she have in 10 years

Economics M/C
The market in which the assumption of continuous market clearing seems to be LEAST applicable is the: a. stock market b. market for wheat. c. labour market d. market for federal government bonds

Economics
This is about economic solution.There are 2 regions but they were given by different each other function of demand and supply.1.First question is we won't sell these products on both regions and you can't transport the product each other.So please find the equilibrium price,...

Economics
The schedule below shows the level of output that can be produced using different levels of input. A unit of input costs $80 and the fixed costs of running your business are $50. Input Output 0 0 1 2 2 6 3 9 4 11 5 12 1. What is your AVC of producing 11 units of output? ...

Economics
1.Which of the following is NOT a decision that can be made at the margin? whether to grow beans or corn on large farm whether to hire 100 new workers or not whether to leave early in the moring or late in the day whether or not to go on vacation, I think this is the answer, ...

Government USA-Help
Supply-side economics, during President Reagan’s administration, involved a. the supply component of the supply-demand equation. b. stressing the importance of tax cuts for businesses. c. stressing the importance of tax cuts for the wealthy. d. an increase in the size of the...

statistics
in a class of 40 student,18 pass maths, 19 pass account,16 pass economics 5 pass maths and account only, 6 pass maths only, if each student pass at least one of the subject.find the percentage number who fail in at least one of economics and maths. how many student fail in all...

Economics
The nominal interest rate is 12 percent per year in Canada and 8 percent per year in the United States. Suppose that the real interest rates are equalized in the two countries and that purchasing-power parity holds. A friend proposes a get-rich-quick scheme: borrow from a US ...

Economics
The nominal interest rate is 12 percent per year in Canada and 8 percent per year in the United States. Suppose that the real interest rates are equalized in the two countries and that purchasing-power parity holds. What can you infer about expected change in the exchange rate...

home economics
10 careers that home economist can do.

Government US
13. Supply-side economics, during President Reagan’s administration, involved a. the supply component of the supply-demand equation. b. stressing the importance of tax cuts for businesses. c. stressing the importance of tax cuts for the wealthy. d. an increase in the size of...

economics
An increase in personal income tax rates will cause a(n)

Economics
This is about economic solution.There are 2 regions but they were given by different each other function of demand and supply.1.First question is we won't sell these products on both regions and you can't transport the product each other.So please find the equilibrium price,...

game theory economics
Mitchell Electronics produces a home video game that has become very popular with children. Mitchell’s managers have reason to believe that Wright Televideo Company is considering entering the market with a competing product. Mitchell must decide whether to set a high price ...

Economics
You read in a newspaper that the nominal interest rate is 12 percent per year in Canada and 8 percent per year in the United States. Suppose that the real interest rates are equalized in the two countries and that purchasing-power parity holds. a) Using the Fisher equation, ...

Economics
You have $1000. You can spend it on a TV or put the money in the bank at 4% interest for a year. What is the opportunity cost of buying the TV today?

math
investigate the economics of using a higher grade of plywood for the facing when using timber fromwork . a fromwork system which is being used for concreting operations consumes the following labour and materials over 12 months : labour:6043 hours at £21.50 per hors Materials...

ECONOMICS
Could you recommend a video for me to understand socialsm communism capitalism for 7th grader to udnerstand i need to see visual representation of each concept

SOCIAL STUDIES ECONOMICS 7TH GR
I need to explain the terms from an economic view rather than a political view of. But I need to show this 3 concepts of economics with just pictures and symbols that reflect how i understand the concept. I need to use minimal words. I need to make sure my symbols/pics shows ...

home economics - PLS help
Need help with some economics problems and wondering if anyone can help. 1- ) Consider a farmer who has access to a bond market where she can borrow or lend at the interest rate R. Assume also that her money holdings (nominal balances) and the price level stay constant over ...

economics please help
Use the supply and demand model to explain what happens to the equilibrium price and the equilibrium quantity for frozen yogurt in the following cases. d.There is a sudden increase in the price of milk. im confused with this one.

Economics
I'm trying to research for a paper about why we shouldn't have flat tax rate, and a reason that i'm seeing people putting online, is that a flat tax rate of say, 18% would decrease tax revenue? Can someone explain how? I don't understand how taxes work.

economics
Can you please exlain to me if I'm wrong not just correct me. ps. Ceteris paribusor the following markets, show whether change causes a shift in supply curve, a shift in demand curve, a movement along the supply curve, and/or a movement along the demand curve. a.housing market...

economics
in economics a price is made up of what two things?

United States Government
Which of the following would NOT be advocated by modern conservatism? a. Free markets b. Small governments c. Laissez-faire economics d. Welfare programs e. Reliance on tradition I would say Reliance on tradition. what say?

economics
Annual demand and supply for the Entronics company is given by: QD = 5,000 + 0.5 I + 0.2 A - 100P, ...

managerial economics
A publisher of a new novel has spent $250,000 setting the type. The publisher must spend $1 million advertising the new book. It is now ready to print the book. For practical purposes, as many books as they like can be printed. In deciding how many copies to run, a. does the ...

managerial economics
Consider this statement: “Conservationists want to save too many spotted owls.” Use graphical analysis accompanied by a concise narrative discussion to explain circumstances under which this statement would be true. Make sure your graphs have clearly labeled axes and ...

managerial economics
Several years ago, Nabisco spent $330 million building a facility in Brazil to produce Oreo cookies and Ritz crackers for sale in their South American markets. At a recent board meeting, managers at Nabisco were discussing closing the Brazilian plant because profits from South...

economics
im learning about economics and the meaning of 3 economic systems traditional, command, market traditional i undestand as peooples ecomonic passed down from previoius generations, traditions decide what theses people do for a living and how work is done command the maid ...

social studies economics
identify and understand the meaning of 3 different economic systems: traditional, command , and market is there a website i can find this out

economics
how did the middle class grow?

Economics
What economic impact does a recession have on the finances on a health care facility? On the health care system? Could you direct me to a web site

Economics
What is the difference between microeconomics and macroeconmics? Discuss and contrast the two therories. Do you have a web address that I can go on to get an answer for my question .

economics
A profit-maximizing firm in a competitive market is currently producing 100 units of output. It has average revenue so $10, average total cost of $8 and fixed cost of $200. a. what is the profit? b. what is the marginal cost? c. what is its average variable cost? d. is the ...

Economics
What is the difference between microeconomics and macroeconomics? Discuss and contrast the two theories.

economics
Is it possible for companies both to maximize financial value for shareholders and to act responsibly in the communities in which they operate, to treat their employees, customers, and suppliers well, and to engage in activities that are good for the environment? In your ...

economics
Suppose the supply and demand for milk is described by the following equations: Qd=600-100P, Qs = -150+150P, where P is price in dollars . Qd is quantity demanded in millions of gallons per year. A. Create supply and demand tables corresponding to these equations. B. Graph ...

economics
Do you think lotteries have both micro and macro economic effects or only micro? How do lotteries change what and for whom goods and services are produced?

Management & Econ
a) Explain why a short run average cost curve only touches the long run average cost curve at one point on the long run average curve. b) Define clearly the concept of returns to scale c)What are the two causes of the region of economics of scale for a long run average cost ...

Management & Economics
a producer of light bulbs claims to have the folllowing production function: Q=10L*G. a) what is the marginal product of labor? or glass? b)Draw the relavant isoquant map and isocost line if the cost of labor is $4 per work-hour and the cost of glass is $4 per pound and 90 ...

economics
Why do long-run elasticities of demand differ from short-run elasticities? Consider two goods: paper towels and televisions. Which is a durable good? Would you expect the price elasticity of demand for paper towels to be larger in the short run or in the long run? Why? What ...

ECONOMICS
suppose that the short run costs for a paintbrush manufacturer are given by the expression: TC= 100+2Q+.01 Q2 A. WAT ARE THE FIXED COSTS OF THIS MANUFACTURE? B. WHAT ARE THE TOTAL COSTS , AVERAGE COST, AVERAGE VARIABLE COST AND MARGINAL COST AT 50 AND 100 UNITS OF OUTPUT? C. ...

Economics
You have just started work for a small company, FitCo, that develops private fitness clubs in small towns. FitCo buys or leases a local hotel or motel, then renovates to provide a gym, swimming pool, sauna, Jacuzzi, and a small café where patrons can buy juices, smoothies, ...

Economics
The # of kids who were vaccinated against the flu (x) and # of kids who currently suffer from flu.(y) Positive or negative correlation and x causes y or y causes x or both. I know it's negative correlation but not sure of causation? Help

business-economics
Suppose that there is a common resource of size y in a two period society. Each of two citizens, one and two, can withdraw a nonnegative amount c1 or c2 for consumption in period one, provided that c1+c2 <=y . In the event that they attempt to consume in excess of what is ...

econ
Consider a change in the table in Problem 2-3. The student’s set of opportunities is now as follows: Economics Biology 100 40 90 60 80 75 70 85 60 93 50 98 40 100 Plot this student’s production possibilities curve. Does the PPC illustrate increasing or decreasing ...

economics
2-4. Based on the information provided in Problem 2-3, what is the opportunity cost to this student of allocating enough additional study time on economics to move her grade up from a 90 to a 100?

ECONOMICS
The following table illustrates the points a student can earn on examinations in economics and biology if the student uses all available hours for study. Economics Biology 100 40 90 50 80 60 70 70 60 80 50 90 40 100 Plot this student’s production possibilities curve. Does ...

Economics
Using the Mundell-Fleming model, compare and contrast the impact of monetary expansion with low capital mobility under fixed and flexible exchange rates.

Economics
Jim buys only milk and cookies. a. In year 1, Jim earns $100, milk costs $2 per quart, and cookies cost $4 per dozen. Draw Jim's budget constraint.

economics
According to the rule for optimal input usage, a firm should hire a person as long as his or her marginal revenue product is greater than his or her marginal cost to the company. It is well known that many companies have management training programs in which new trainees are ...

home economics
what is tech rd

economics
when voluntary exchanges in the markets determine decisions on production and consumption, the society's economic system is a?

Spanish 1-Please check
How do you say the class of economics and the class of anatomy in Spanish. I think it is la clase de economis y la clase anatomis. Accent should be over both (i's)

business/economics
List and briefly describe the components of a marketplace.

economics
For example the productive needs of the firm would be to set (Marginal Revenue = Marginal Costs (MR = MC) and create excess profits for the firm. However, as far as what is in the best interests of society it might be Price or (Average Revenue) = MC. Give the answers of both ...

economics
How do minimum wages affect equilibrium price?

economics
Is it true or false? If supply of aproduct increases and demand for the product decreases, the equilibrium quantity will definitely change.

economics
q = 5,000 - 100p tc= 10,000 - 10q plot the demand curve marginal revenue curve marginal cost curve profit maximising price, quantity, and profits

economics
Between 1850 and 1950 the productivity of the average American farm worker

Economics
My teacher give an investigation. Topic is easay of poverty include characteristics of poverty and the causes of poverty. Please anybody who can help me, i'm ready for a help pleas by the grace of god i nead a help.

Managerial Economics and Globalization
Describe how two Monopolistically competitive firms respond to the current macroeconomic conditions in terms of: stock performance, current/future revenue, current/future profits, labor costs,and hiring decisions.

economics
what is economic concept necessitating choices and priorities in any society?

managerial economics
Increasingly, employees are being allowed to choose benefit packages from a menu of items. For instance, workers may be given a package of benefits that includes basic and optional items. Basics might include modest medical coverage, life insurance equal to a year's salary, ...

Economics
Hi beautiful people! I'd like to know a good website where I can get practise essay topics for economics. I have to write a extended written response to stimulas exam soon and as this is a weakness I'd like to find some practise topics. Its on the aging population but I'd like...

home economics
can you please send me an investigation into teaching and learning of home economics in junior secondary school pls urgently

Economics/ Free Enterprise
What does thinking at the margin mean? Also what is the purpose of a decision grid?

Economics/ Free Enterprise
What is "Guns or Butter"? Also what is a Production Possibilities curve? I'm a bit confused. Thank you so much whoever is answering this question (:

economics
Suppose two competitors, Coa, Inc., and Han, Inc., are locked in a bitter pricing struggle in the aluminum industry. In the limit pricing payoff matrix, Coa can choose a given row of outcomes by offering a limit price ("up") or monopoly price ("down"). Han can choose a given ...

economics 201
explain with a clear graph five factors that will change the supply of a product

Managerial Economics
Explain why the cost structure associated with many kinds of information good and services might imply a market supplied by a small number of large firms. (At the same time, some Internet businesses such as grocery home deliveries have continually suffered steep losses ...

managerial economics
I am in need of an example of a benefit cost analysis for renting a home versus buying a home.

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