510 Answered Questions for the topic economics

Economics

06/07/22

The price of trade
Suppose that France and Sweden both produce beer and stained glass. France's opportunity cost of producing a pane of stained glass is 4 barrels of beer while Sweden's opportunity cost of producing... more
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Economics

06/07/22

Gains from trade
Consider two neighboring island countries called Felicidad and Contente. They each have 4 million labor hours available per month that they can use to produce jeans, corn, or a combination of both.... more
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Economics

05/20/22

How does international trade arise
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Economics Macroeconomics

05/14/22

Macroeconomics Policy Restraints
Assume the economy is starting at point B in the graph below.Graph Image Link: https://ibb.co/yNZtLyZWhich point demonstrates the effects on investment of:a) an interest rate cut? From B to _? b)... more
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Economics Business Marketing

05/05/22

What specific non-liquid capital would you have to manage in mcdonalds
What specific non-liquid capital would you have to manage in your company?
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Economics Business Marketing

05/05/22

What information like new technology, customers, competition would be useful to know about to increase the future success of mcdonalds, and why?

business marketing answer please and thanks i really need this
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04/27/22

3. What characterises the point of maximum on a Total Revenue graph?
3. What characterises the point of maximum on a Total Revenue graph? Select one. (a) the point where the second derivative is positive (b) the point where the gradient is parallel to the vertical... more
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04/27/22

A firm faces demand given by the demand function 𝑃 = −4𝑄 + 220 and the firm’s total costs are modelled by 𝑇𝐶 = 4𝑄*2+ 20Q − 12 .

A firm faces demand given by the demand function 𝑃 = −4𝑄 + 220 and the firm’s total costs are modelled by 𝑇𝐶 = 4𝑄2+ 20Q − 12 . a)What is the firm’s average cost function? b)What is the firm’s total... more
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04/27/22

What characterises the point of maximum on a Total Revenue graph?

What characterises the point of maximum on a Total Revenue graph? (a) the point where the second derivative is positive (b) the point where the gradient is parallel to the vertical (upright) axis... more
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Economics Algebra Mathematics

04/27/22

Your firm’s average cost curve is given as 𝐴𝐶 = 2𝑄*2 − 8𝑄 + 26
Your firm’s average cost curve is given as 𝐴𝐶 = 2𝑄2 − 8𝑄 + 26a) Differenciate this average cost functionb) You have been asked to advise the company on minimising costs. Using your answer to the... more
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04/25/22

The demand for wheat is price-inelastic and the income elasticity is positive but less than +1.0. Use this information to answer the following questions.
The demand for wheat is price-inelastic and the income elasticity is positive but less than +1.0. Use this information to answer the following questions. A) Holding everything else constant, if the... more
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04/11/22

Calculate level of utility after a per unit sales (sin) tax
Given this information:F=foodB=beerU(F,B)=0.001F2B3Currently, the price of the food is 10, and the price of beer is 20. What would the level of utility be if the government adopted a per unit sales... more
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04/08/22

True or False? Why?
State whether the following statements is TRUE OR FALSE. The market demand schedule shows how quantity demanded will change when the price changes. An explosion which destroys a fireworks factory... more
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04/08/22

Buyer, Seller, or Both?
For each of the following markets, say whether the person participates as a buyer, seller or both a.    A family eating at a restaurant b.    A person getting a haircut c.    A cook... more
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03/26/22

Draw and label a graph that depicts a downward-sloping demand curve and an upward-sloping supply curve in the market for corn...
(Read the article: Soybean Prices Surge as South American Outlook Deteriorates)Draw and label a graph that depicts a downward-sloping demand curve and an upward-sloping supply curve in the market... more
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Economics Calculus Derivative

03/09/22

Finding Marginal Revenue, Marginal Cost, and Marginal Profit with Cost Function.

A gizmo is sold for $28 per item. Suppose that the number of items produced is equal to the number of items sold and that the cost (in dollars) of producing 𝑥 gizmos is given by the following... more
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03/09/22

question about bid-ask spread, what do you think?
Bank Z receives U$1,000 in deposits from Tom and promises to pay him U$1,100 after one year. With this money, the bank will lend U$10 to another 100 people at a rate je, such that each of these 100... more
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03/09/22

game theory at a high school level, tysm to whomever helps me!!
Peter, while studying game theory, came across a game where a couple of rational agents find a machine that delivers three coins to one of them when the other deposits a coin into it. So each agent... more
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03/06/22

percentages - price increase of products
A merchant sells a box of goods for $100.00. If he raises all the prices of the products in the box by 20%, what happens to the total value of the box?a) Remains the sameb) Increases 20%c)... more
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03/06/22

When is civil disobedience a viable tactic to effect change?
a.When other channels for change are blocked or don't existb.When there is a need to set a moral example to motivate action by othersc.When an institution or government is undermining the... more
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Economics Macroeconomics

03/02/22

A fundamental feature of nineteenth century classical theory is that
A fundamental feature of nineteenth century classical theory is thatA, A fundamental feature of century classical theory is that saving and investment unequalB, prices of inputs and outputs usually... more
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02/24/22

Please answer this question

George is loaned $100,000 in Year 0. Approximately (round up to the nearest year) many years will it take him to pay off the loan at 4% interest if he pays down the loan by $10,000 in Year 1 and... more
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02/18/22

Labor Economics
Draw a budget constraint for someone who has a potential job that pays $12 per hour, but in order to work, they have to commute 2 hours each day. Q. Assume that the individual has $500 in... more
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02/08/22

What are the major challenges in raising funds for new business ventures?
What are the major challenges in raising funds for new business ventures?
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02/01/22

Hi can anyone please help me it has to do with economic?
Scenario # 5 Newfoundland Newfoundland, Canada’s tenth province, occupies the easternmost part of North America. The extensive fishing grounds, lying off the coast, are the reason why Newfoundland... more
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