Economics

Question1 A young entrepreneur is planning to open a budget hotel with a start-u

Question1 A young entrepreneur is planning to open a budget hotel with a start-up capital of RM 300,000. The hotel will have single-bed rooms with an expected rate of RM 80 per ro…

Question1 Total cost(dollars Output pizzas per hour) 0 er hour 10 21 30 2 54 69

Question1 Total cost(dollars Output pizzas per hour) 0 er hour 10 21 30 2 54 69 4 Pat's Pizza Kitchen is a price taker in a perfectly competitive market. Its costs are in the tabl…

Question1 Which of these is not a positive aspect of currency depreciation? Attr

Question1 Which of these is not a positive aspect of currency depreciation? Attract tourists ps export prices I OEasier to sell goods in foreign markets O Enhances investor confid…

Question1(C). How to draw the diagram with the total cost and AC after change Qu

Question1(C). How to draw the diagram with the total cost and AC after change Question 1 Consider a firm which uses labour and capital in the production process. Both factors are …

Question1) -The perce the price of good Y is 10 percent. It follows that the and

Question1) -The perce the price of good Y is 10 percent. It follows that the and that the two goods are ntage change in the quantity demanded of good X is20 percent and the percen…

Question1- Suppose that Saudi Arabia produces the goods: Books, Pizza and Bags.

Question1-   Suppose that Saudi Arabia produces the goods: Books, Pizza and Bags. The following table provides information about the prices and output for these Three goods for th…

Question12 Marks: 2 The circular flow of income assumes that Choose one answer.

Question12 Marks: 2 The circular flow of income assumes that Choose one answer. Question13 Marks: 2 All of the following are incomes earned in the factor market EXCEPT Choose one …

Question1: A firm has the following total cost function: TC=q3-10q2+40q A) Find

Question1: A firm has the following total cost function: TC=q3-10q2+40q A) Find MC and AC. B) If this firm is in a competitive product market, how much with they produce if the pr…

Question1: A homogeneous products duopoly faces a market demand function given b

Question1: A homogeneous products duopoly faces a market demand function given by Q = 40-4P, where Q = Q1 + Q2. Both firms have a constant marginal cost MC-2 1. Suppose the two fi…

Question3 10 pts This is a more complicated question that I hope is found intere

Question3 10 pts This is a more complicated question that I hope is found interesting. As such I will give you at least 5 pts automatically for providing SOME sort of an answer. T…

Question3 20 pts In 2000, Paradise Condo Inc. bought a new apartment building th

Question3 20 pts In 2000, Paradise Condo Inc. bought a new apartment building that was rented out to families on June 21st, 2000. The purchase cost was 680008 dollars and in addit…

Question4 0 out of 1 points Consider the following data: equilibrium price $8.50

Question4 0 out of 1 points Consider the following data: equilibrium price $8.50, quantity of output produced- 100 units, average total cost-$10, and average variable cost $9. Wha…

Question4 0.25 pts The MARR is 15%. Three alternatives are available and the ass

Question4 0.25 pts The MARR is 15%. Three alternatives are available and the associated cash flow is as follow: Year $1,700$2,100 $3,750 $1,000$1,000 $1,000 Annual Benefit Useful …

Question4 The marginal resource cost curve for a firm is the cost of hiring an a

Question4 The marginal resource cost curve for a firm is the cost of hiring an additional worker, and the curve is usually flat is the cost of hiring an additional worker, and the…

Question5 (6 marks) A NZ firm needs to borrow NZD 10 million for one year. It ca

Question5 (6 marks) A NZ firm needs to borrow NZD 10 million for one year. It can borrow at a local bank at 6% per annum or it can issue bonds in Singapore denominated in Singapor…

Question5 4 Statistical discrimination is legal under the disparate impact stand

Question5 4 Statistical discrimination is legal under the disparate impact standard but illegal und the treatment standard True False Question6 4 The largest in-kind transfer rece…

Question5 When comparing a monopoly and a perfectly competitive market where the

Question5 When comparing a monopoly and a perfectly competitive market where the costs are the same, the monopoly will produce a (greater/lower /same) quantity c greater lower sam…

Question5 and question 6 QUESTION 5 Australians are one of the highest per capit

Question5 and question 6 QUESTION 5 Australians are one of the highest per capita consumers of coffee in the world. Their coffee consumption has been increasing over the years. As…

Question7 2 pts One or more of the following statements about Social Security ar

Question7 2 pts One or more of the following statements about Social Security are correct. Which one or ones are they? Social Security will be making payments to those now in thei…

Question8 1 pts Consider the IS-LM model. Start from an equilibrium, and assume

Question8 1 pts Consider the IS-LM model. Start from an equilibrium, and assume the interest rate is far from the zero lower bound. Assuming that the central bank effectively purs…

Question8 1 pts Figure 6-10 price 24 20 18 16 14 12 10 2 4 6 8 10 12 14 16 18 20

Question8 1 pts Figure 6-10 price 24 20 18 16 14 12 10 2 4 6 8 10 12 14 16 18 20 uantity Refer to Figure 6-10. A price ceiling set at $6 will be binding and will result in a short…

Question8 10 points Save Answer Before considering the following distribution (d

Question8 10 points Save Answer Before considering the following distribution (date of distribution, February 6), Ludite, Inc. has a deficit in AE&P; of ($25,000) and a balanc…

Question9 1 pts Economists care a lot about economic productivity and economic g

Question9 1 pts Economists care a lot about economic productivity and economic growth. What is the difference between the two? These variables are very related; productivity measu…

Question9 Network Pty Ltd is an unlisted company and manufactures computer syste

Question9 Network Pty Ltd is an unlisted company and manufactures computer systems. The company has recently reassessed their capital budgeting procedures and have beern advised t…

Question: (a) Suppose the income elasticity of demand for pre-recorded music com

Question: (a) Suppose the income elasticity of demand for pre-recorded music compact disks is +4 and the income elasticity of demand for a cabinet maker's work is +0.4. Compare th…

Question: 1)A recessionary gap can theoretically close on its own because. a)Agg

Question: 1)A recessionary gap can theoretically close on its own because. a)Aggregate supply will gradually shift to the right as input prices decrease in the time of recession. …

Question: 1. Recall the sequential Dating game. First, the husband chooses to go

Question: 1. Recall the sequential Dating game. First, the husband chooses to go to the boxing match or to ... 1. Recall the sequential Dating game. First, the husband chooses to …

Question: 1pt 10 of 15 (9 complete) This Quiz: 15 pts This Sally runs a vegetabl

Question: 1pt 10 of 15 (9 complete) This Quiz: 15 pts This Sally runs a vegetable stand. The folowing table shows two points on the demand curve for the heirloom tomatoes she sell…

Question: 4. Consider a consumer who has utility function u(x, y) = min{2x, 3y}

Question: 4. Consider a consumer who has utility function u(x, y) = min{2x, 3y} where x, y are amounts of goods X, Y consumed respectively. (a) If px = 1, py = 1, consumer has tot…

Question: 8. (20 points) Energy – This is exercise is an opportunity to explore

Question: 8. (20 points) Energy – This is exercise is an opportunity to explore and reflect on the evolut... 8. (20 points) Energy – This is exercise is an opportunity to explore …

Question: A common challenge in empirical economics is dealing with composites o

Question: A common challenge in empirical economics is dealing with composites of many different goods. Imagine that you are engaged in a study of consumer demand for gold (G), an…

Question: A firm is selling its product in a perfectly competitive market, and t

Question: A firm is selling its product in a perfectly competitive market, and the price for its product is $100. Based on the table, explain why the AVC and ATC curves are U-shap…

Question: Ali obeys the two-period Fisherintertemporal model of consumption. Ali

Question: Ali obeys the two-period Fisherintertemporal model of consumption. Ali earns Rs. 200 in the first periodand Rs. 400 in the second period. A.If Ali consumes Rs. 280 in th…

Question: As the supervisor of a facilitites engineering department, you conside

Question: As the supervisor of a facilitites engineering department, you consider mobile cranes to be critical equipment. The purchase of a new medium-sized, truck-mounted crane i…

Question: Classify the actions as either discretionary spending or automatic sta

Question: Classify the actions as either discretionary spending or automatic stabilizers. Place each item into one of the two categories. - economic growth increases personal and …

Question: Consider two firms that sell substitute products and compete with one

Question: Consider two firms that sell substitute products and compete with one another in various markets across the country. As a casual observer of the market, you do not know …

Question: Data for FitCo Clubs in 2008 Price (P) Demand (Q) Income (M) Populatio

Question: Data for FitCo Clubs in 2008 Price (P) Demand (Q) Income (M) Population (N) Revenue Fixed cos... Data for FitCo Clubs in 2008 Smart Health develops private fitness clubs…

Question: Describe an example of a private firm with established or rapidly emer

Question: Describe an example of a private firm with established or rapidly emerging monopoly power? Why do you think it is a monopoly? What, if anything, do you think limits this…

Question: Explain why international trade and specialization result in lower pri

Question: Explain why international trade and specialization result in lower prices (and more domestic consumption) for imported products and higher prices (and less domestic cons…

Question: Find an article about a private or public projectthat a firm or govern

Question: Find an article about a private or public projectthat a firm or government recently completed. Analyze the project and discuss what theincremental benefits and costs to …

Question: Find some area in the economy where a tradition of racism or sexism, o

Question: Find some area in the economy where a tradition of racism or sexism, or perhaps even the bigotry against sexual orientation, is being diminished by the forces of capital…

Question: For every 10 people in Florida, 3.5 of them are working. In 2015, the

Question: For every 10 people in Florida, 3.5 of them are working. In 2015, the productivity of a florida worker was approximately ____? a. more info is needed, specifically the u…

Question: Full Sail Ale in Hood River currently uses a conveyor (C) to move its

Question: Full Sail Ale in Hood River currently uses a conveyor (C) to move its products to ongoing trucks. The conveyor originally cost $18,000 six years ago. Because of high mai…

Question: George Beckford\'s plantation society theory and not Creole society th

Question: George Beckford's plantation society theory and not Creole society theory best explains contemporary Caribbean society. CRITERIA Contribution shows good comprehension of…

Question: Go to the FOMC page of the Federal Reserve Board’s website: (http://ww

Question: Go to the FOMC page of the Federal Reserve Board’s website: (http://www.federalreserve.gov/FOMC/) to find the statement issued after the most recent FOMC meeting. a. Wha…

Question: How do decision-makers in sports franchises use economics concepts? *T

Question: How do decision-makers in sports franchises use economics concepts? *This question is based on the material covered in "The Economics of Sports" by Peter von Allmen and …

Question: I need assistance in figuring out how to solve for a problem (step-by-

Question: I need assistance in figuring out how to solve for a problem (step-by-step) so I can understand and explain it to another person. I need to be able to demonstrate what m…

Question: I need assistance in figuring out how to solve for a problem (step-by-

Question: I need assistance in figuring out how to solve for a problem (step-by-step) so I can understand and explain it to another person. I need to be able to demonstrate what m…

Question: In 2008, the Social Security (FICA) tax was levied only on incomes up

Question: In 2008, the Social Security (FICA) tax was levied only on incomes up to $102,000. Which of the following statements about this tax is CORRECT? A) A worker with an annua…

Question: In the figure given below that shows the demand for baby formula, whic

Question: In the figure given below that shows the demand for baby formula, which of the following changes will be caused by the discovery that breast milk provides more protectio…