Economics

1)a)What is the term for the level of output at which the sales revenue of the f

1)a)What is the term for the level of output at which the sales revenue of the firm just covers the fixed and variable costs including normal profits? Capacity output. Explicit ou…

1)aWhich of the following is the correct sequence of events following a decrease

1)aWhich of the following is the correct sequence of events following a decrease in demand for a product in a perfectly competitive market? A decrease in the price and in the tota…

1)for each activity below indicate whether the activity would be recorded as inv

1)for each activity below indicate whether the activity would be recorded as investment spending, purchase of an intermediate good or something else, give a one sentence explanati…

1)for this question, assume that the economy is initialy operating at the natura

1)for this question, assume that the economy is initialy operating at the natural level of output. a reduction in taxes will cause: A) ambigous effects on the real wage in medium …

1)if two bundles of goods satisfy a comsumer equally well, the consumer is neces

1)if two bundles of goods satisfy a comsumer equally well, the consumer is necessarily a. in a position of equilibrium b. on her budget contraint c. optiimally satisfied d. indiff…

1*. Maria\'s house is worth 1 000 000 SEK. Her utility function is given by U -m

1*. Maria's house is worth 1 000 000 SEK. Her utility function is given by U -m3, where m represents her wealth (the value of the house). The probability of the house burning down…

1, Gross Domestic Product is equivalent to the sum of consumer spending, investm

1, Gross Domestic Product is equivalent to the sum of consumer spending, investment spending on capital goods, government purchases, exports, and imports. consumer spending, inves…

1, Positive vs normative analysis, which of the following statements indicate a

1, Positive vs normative analysis, which of the following statements indicate a positive analysis and which indicate a normative analysis? Explain your answer in each case. (a) If…

1, So slowly is sense? Briefly explain. me economists suspect that one of the re

1, So slowly is sense? Briefly explain. me economists suspect that one of the reasons that economies in developing countries grow that they do not have well-developed financial ma…

1, Suppose your firm produces according to a function in which capital and labou

1, Suppose your firm produces according to a function in which capital and labour are perfect compliments. The wage rate is currently $120 per day and the daily capital cost is $1…

1, The Chinese export surplus inevitably means: (a) Chinese capital imports: (b)

1, The Chinese export surplus inevitably means: (a) Chinese capital imports: (b) of foreign assets; (c) Chinese increase in interest rates (d) none ot the above 22. The U s econom…

1, What are three major e-scan areas you should consider for a restaurant at sch

1, What are three major e-scan areas you should consider for a restaurant at school and why? Provide an applicable example of each of these areas as it relates to your specific bu…

1,000 people want to sell their used cars. These cars vary in quality. Original

1,000 people want to sell their used cars. These cars vary in quality. Original owners know exactly what their cars are worth. All used cars look the same to potential buyers unti…

1,000 people want to sell their used cars. These cars vary in quality. Original

1,000 people want to sell their used cars. These cars vary in quality. Original owners know exactly what their cars are worth. All used cars look the same to potential buyers unti…

1,2,3 questions For all questions, provide explanations using words, diagrams, o

1,2,3 questions For all questions, provide explanations using words, diagrams, or showing step-by-step arithmetic. You need not worry about trying to draw diagrams to scale, but c…

1,2,3. real / nominal 4. the quantatiy theory / the classical dichotomy / moneta

1,2,3. real / nominal 4. the quantatiy theory / the classical dichotomy / monetary neutrality 5. supply / demand / price level 6. supply / demand 2. Explaining short-run economic …

1,200 400 Money, M IS bilions) Figure 1: Money Market 21. Refer to Figure: 1 . A

1,200 400 Money, M IS bilions) Figure 1: Money Market 21. Refer to Figure: 1 . At an interest rate of 5% there is an excess demand for money of $800 billion. there is so excess su…

1,You now should realize how important it is for economists to try and predict f

1,You now should realize how important it is for economists to try and predict future conditions of the U.S. economy. Economists are also interested in the performance of the econ…

1,a. Assume a country is in a fixed exchange rate regime such as China. Explain

1,a. Assume a country is in a fixed exchange rate regime such as China. Explain what factors might cause individuals to expect that a country will revalue its currency. Explain th…

1,a. Assume a country is in a fixed exchange rate regime such as China. Explain

1,a. Assume a country is in a fixed exchange rate regime such as China. Explain what factors might cause individuals to expect that a country will revalue its currency. Explain th…

1- A Eurodollar loan is a(n): a. ECU-denominated loan issued by a U.S. bank. b.

1- A Eurodollar loan is a(n): a. ECU-denominated loan issued by a U.S. bank. b. dollar-denominated loan payable to a European bank. c. ECU-denominated loan that is subject to bank…

1- A direct relationship exists when: Question 1 options: a- there is no associa

1- A direct relationship exists when: Question 1 options: a- there is no association between two variables. b- one variable increases and there is no change in the other variable.…

1- A loan of $12000 is to be financed to assist in buying an automobie. on the b

1- A loan of $12000 is to be financed to assist in buying an automobie. on the basis of monthly compunding for 42 months , the end of the month equal payment is quoted as $445. wh…

1- A movement along a demand curve from one price-quantity combination to anothe

1- A movement along a demand curve from one price-quantity combination to another is called a change in quantity supplied. a shift in demand. a change in supply. a change in quant…

1- According to the law of diminishing returns: A. The marginal product falls as

1- According to the law of diminishing returns: A. The marginal product falls as more units of a variable factorare added to a fixed factor. B. Marginal utility falls as more unit…

1- According to the law of diminishing returns: A. The marginal product falls as

1- According to the law of diminishing returns: A. The marginal product falls as more units of a variable factorare added to a fixed factor. B. Marginal utility falls as more unit…

1- According to the law of diminishing returns: A. The marginal product falls as

1- According to the law of diminishing returns: A. The marginal product falls as more units of a variable factorare added to a fixed factor. B. Marginal utility falls as more unit…

1- According to thelaw of diminishing returns: A. The marginal product falls as

1-    According to thelaw of diminishing returns: A. The marginal product falls as more units of a variable factorare added to a fixed factor. B. Marginal utility falls as more un…

1- All of the following are \"generic\" terms EXCEPT: a- Coca-Cola. b- Aspirin.

1- All of the following are "generic" terms EXCEPT: a- Coca-Cola. b- Aspirin. c- Escalator. d- Videotape. e- Fax. 2- The __________ provides for registration of a company's tradem…

1- All of the following are \"generic\" terms EXCEPT: a- Coca-Cola. b- Aspirin.

1- All of the following are "generic" terms EXCEPT: a- Coca-Cola. b- Aspirin. c- Escalator. d- Videotape. e- Fax. ============================== 2- The __________ provides for reg…

1- All of the following are \"generic\" terms EXCEPT: a- Coca-Cola. b- Aspirin.

1- All of the following are "generic" terms EXCEPT: a- Coca-Cola. b- Aspirin. c- Escalator. d- Videotape. e- Fax. ============================== 2- The __________ provides for reg…

1- Business firms pursue several different types of goals such as profit, sales,

1- Business firms pursue several different types of goals such as profit, sales, market share, quality, customer satisfaction, employee welfare, and social responsibility. Which o…

1- Consider the following economy: Prices and Quantities Year Price Good 1 Quant

1- Consider the following economy: Prices and Quantities Year Price Good 1 Quantity Price Good 2 Q2 (1000) 2010 $3 105 $4 50 2011 $4 115 $5 65 2012 $4.50 120 $7 60 2013 $6.50 125 …

1- Determine the net effect of the following transactions: Customer withdraws $1

1- Determine the net effect of the following transactions: Customer withdraws $1000 from checking Customer deposits $500 into savings Customer buys $750 CD A- Assets increase by $…

1- Discuss the focus strategy in the present competitive environment using an ex

1- Discuss the focus strategy in the present competitive environment using an example to support your answer. 2- Is there any relationship between strategy and structure? Clarify …

1- Discuss the organizational structure differences between Intel and Nike. Inte

1- Discuss the organizational structure differences between Intel and Nike. Intel owns the overseas facilities.On the other hand there are more than 40 factories all over the worl…

1- Distinguish between explicit and implicit costs, giving examples of each. Wha

1- Distinguish between explicit and implicit costs, giving examples of each. What are some explicit and implicit costs of attending college? 2- Why can the distinction between fix…

1- Distinguish between explicit and implicit costs, giving examples of each. Wha

1- Distinguish between explicit and implicit costs, giving examples of each. What are some explicit and implicit costs of attending college? 2- Why can the distinction between fix…

1- During 2003, we began to stop worrying that inflation was a problem. Instead

1- During 2003, we began to stop worrying that inflation was a problem. Instead , we began to worry about deflation, a decline in the price level. Assume that the central bank ( f…

1- Explain why it\'s important to carefully define the problem or opportunity a

1- Explain why it's important to carefully define the problem or opportunity a marketing research study is designed to investigate 2- Are small business owners at a disadvantage i…

1- For each growth rate below, use the rule of 70 to calculate (i) how long it w

1- For each growth rate below, use the rule of 70 to calculate (i) how long it will take incomes to double, and (ii) if each country starts with an income of $1,000 per capita, wh…

1- Francis Bacon believed that you should read neither to contradict nor believe

1- Francis Bacon believed that you should read neither to contradict nor believe, but rather to weigh and evaluate. 2- According to Thoreau, to read well requires exercise, traini…

1- Francis Bacon believed that you should read neither to contradict nor believe

1- Francis Bacon believed that you should read neither to contradict nor believe, but rather to weigh and evaluate. 2- According to Thoreau, to read well requires exercise, traini…

1- Free Response: Suppose that a 5% decrease in the price of chocolate bars will

1- Free Response: Suppose that a 5% decrease in the price of chocolate bars will lead to a 7% increase in the quantity demanded of chocolate bars. What is the absolute value of th…

1- Gliberace\'s Fashion Accessories of Las Vegas produces gem-stone encrusted fo

1- Gliberace's Fashion Accessories of Las Vegas produces gem-stone encrusted formal wear for sale in Los Angeles and San Francisco subject to total cost TC = 100 + 6(QLA + QSF). D…

1- How is the demand schedule for a given good related to its demand curve? 2- H

1- How is the demand schedule for a given good related to its demand curve? 2- How is the concept of “demand” related to the demand schedule and demand curve? 3- What happens to t…

1- If GDP is $25 trillion, in how many years will GDP increase to $100 trillion

1- If GDP is $25 trillion, in how many years will GDP increase to $100 trillion if annual growth is 5 percent? 2- Consider the following data for the country below. What is the gr…

1- If Holland decreases subsidies to its tulip growers, the price of tulips in t

1- If Holland decreases subsidies to its tulip growers, the price of tulips in the United States will rise . True False 2- The Smoot-Hawley tariff set off an international trade w…

1- If the government increases the tax on a good then the price paid by buyers w

1- If the government increases the tax on a good then the price paid by buyers will ______________ and the price sellers receive will _________________. increase ; increase increa…

1- If the money supply and the velocity of money are fixed, then increases in re

1- If the money supply and the velocity of money are fixed, then increases in real GDP: Select one: a. are impossible because real GDP must also be fixed. b. cause increases in th…