484 Answered Questions for the topic economics

Economics Macroeconomics

2d

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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20d

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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20d

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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20d

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

20d

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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22d

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

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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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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02/08/22

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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01/30/22

The demand and supply schedules for chewing gum are:
Price Quantity demanded Quantity supplied (dollar per pack) (millions of packs a week) (millions of packs a week) ... more
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Economics Algebra 1 Algebra 2

01/07/22

Investment problem
Jolene invests her savings in two bank accounts, one paying 6 percent and the other paying 11 percent simple interest per year. She puts twice as much in the lower-yielding account because it is... more
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Economics Geometry Statistics

12/19/21

Suppose that $2000 is invested at a rate of 5.5%, compounded semiannually. Assuming that no withdrawals are made, find the total amount after 3 years.

Homework question that I can't seem to get correct....Suppose that $2000 is invested at a rate of 5.5%, compounded semiannually. Assuming that no withdrawals are made, find the total amount after 3... more
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Economics Calculus

12/14/21

company manufacture and sell x widgets per week. The weekly price-demand function is: P(x)=18- x Use marginal revenue to estimate additional revenue earned by producing 5 widgets instead of 4 widgets
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Economics Business

12/03/21

Explain the connection between state aids/subsidies, and government procurement.
I have to write a paper and explain the connection between state aids/subsidies, and government procurement. What is the connection between them and which topics should I mention?
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11/23/21

opportunıty costs
You won a free ticket to see an Eric Clapton concert (which has no resale value). Bob Dylan is performing on the same night and is your most attractive alternative. Tickets to see Dylan cost $40,... more
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11/22/21

calculate rate of return
Refer to the following table.Reliance Stock Price Strike Price Calls Puts69.50 65 6.80 1.6569.50 70 3.50 3.4569.50 75 1.70 6.805a. Suppose you buy a call option for $6.80 that matures in June with... more
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11/19/21

AP microeconomics question (can someone explain the answer please? thanks!)
To maximize profit, a firm should produce the quantity at which marginal revenue equals marginal cost unless, in the long run, the firm woulda) earn positive accounting profit.b) earn positive... more
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