Newest economics Questions | Wyzant Ask An Expert

04/17/20

what is the most of each good that Canadians can consume when the economy is open?

Two Canadians workers, Sam and Joe, can each produce tv or coffee. Sam can produce either 50 kg of coffee or 1 tv per month. and Joe can produce either 120 kg of coffee or 1 tv per month. f)... more

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Economics Microeconomics

04/17/20

international trade

Two Canadians workers, Sam and Joe, can each produce tv or coffee. Sam can produce either 50 kg of coffee or 1 tv per month. and Joe can produce either 120 kg of coffee or 1 tv per month. f)... more

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Answers •1

Economics Microeconomics

04/13/20

Please Help Solve elasticity Problem

a) Suppose the price of flour increases from $0.80 to $1.00 a pound and the quantity demandeddecreases from 100 pounds to 95 pounds. What is the price elasticity of demand for flour? Is thedemand... more

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Economics Finance

04/05/20

How much should a father invest at the time his daughter is born in order to provide her with $50,000 at age 21? Assume that the interest is 8% compounded semiannually

How much should the father invest?

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Economics Business

04/03/20

In economics what is labor elasticity?

Elasticity is a fundamental economic concept to understand intuitively. If I were to say that a single working mother is an example of labor inelasticity, would that be correct? In business and... more

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Economics English Macroeconomics Microeconomics

03/30/20

Express your opinion on how you would feel about government regulation and intervention on your own monopolistic firm.

After identifying a monopoly you are now an acting owner of a monopolistic firm. Express your opinion on how you would feel about government regulation and intervention on your own monopolistic... more

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Economics Econometrics Macroeconomics Microeconomics

03/24/20

The price elasticity of demand for medical devices is about -0.25 to -.30.

The price elasticity of demand for medical devices is about -0.25 to -.30. Suppose you were an economist for the medical device industry. How could you use this information to help forecast... more

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Economics Econometrics Macroeconomics Microeconomics

03/24/20

For the demand equation, P = 2,000 – 2Q, answer the following:

For the demand equation, P = 2,000 – 2Q, answer the following:a. What is the vertical intercept? b. What is the horizontal intercept? Must show calculations. c. What is the slope?

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Economics Macroeconomics Microeconomics

03/19/20

Economics question

How does Institutional Economics and Keynesian Economics critique Neoclassical Economics?

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Economics

03/19/20

Below are some examples of people participating in activities that may or may not affect GDP. For each, indicate whether the activity affects GDP positively, negatively, or not at all.

(positive, negative, no effect) Mary cleans her house.(positive, negative, no effect) Mary hires someone to clean her house.(positive, negative, no effect) Jim sells cocaine on the black market... more

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Economics

03/17/20

Which of these best states why someone would use a budget?

fixed expenses can be reduced by using a strict budgetBudgets people keep their expenses below their incomehaving a budget is the only way to get a government appropriationPeople need to keep a... more

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Economics Finance

03/16/20

Which is an example of an investment?

getting a partner to contribute to a business receiving a loan from a bank buying shares in a company following the rise and fall of the stock market

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Economics

02/23/20

Factors that make it congenial or agreeable for a group of nations to start a process of Economic integration?

Discuss what are the factors, max 250 words.I will appreciate it so much for the one who is going to answer!!

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Economics Finance Mathematics

02/23/20

Need help solving "Xa9.6%+(1-Xa)7.8%=8.88%"

"Xa*9.6%+(1-Xa)*7.8%=8.88%"i need the answer for finance, i'm having trouble get the answer

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Economics

02/21/20

Select which of the following stories describes a shift of the demand curve (and NOT a movement along the demand curve). You must select ALL of the correct answers to receive full credit.

__Buzzier, an energy drink company, notices students are desperate to stay awake in order to study during final exam week, and change their buying behavior.__Exstench raises the price for its... more

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Economics

02/21/20

Which of the following is true of comparative advantage?

Which of the following is true of comparative advantage?A.It states that individuals, firms, regions, or nations can gain by specializing in the production of goods that they produce at a higher... more

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Economics Economics Maths

02/21/20

Economics Quadratic Formula help

How do I work out the total cost curve from the equationTC = 5Q2 + 10Q + 50

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Economics Microeconomics

02/19/20

Compare the pricing models for three different types of service businesses: 1) A legal firm 2) A restaurant 3) A college

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Economics

02/17/20

A disadvantage of a traditional economic system is:

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Economics Macroeconomics

02/16/20

The price of a typical laptop computer has fallen from $2,000 in 1985 to $800 today. At the same time the consumer price index has risen from 100 to 250.

Adjusting for inflation,how much did the price of laptops change? Does this answer seem right to you, or is it missing something?

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Economics Macroeconomics

02/16/20

Find the CPI with the following infomation.

19. Let's say you graduate from college and accept a job in 2018. You decide to compare your starting salary with your grandfather's and mother's starting salaries. The salaries you compare are: •... more

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Economics English

02/14/20

Economics class

Find 2 current event articles focusing on the issue of pricing. You may choose to use online resources recommended by Prentice Halls Economics Principles in Action.---one article must focus on a... more

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Economics Government & Politics Speech Algebra

02/13/20

Are unhealthy eating habits the result of economic hardships?

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Economics Microeconomics

02/11/20

What is the deadweight loss of a firm with the demand function p=100000-2q and a constant marginal cost of $2.

I am currently getting $625million as the answer, but I don't think that's right.

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Economics Macroeconomics

02/10/20

How does quantitative easing work? What is the difference between QE and open market operations? What are the limitations of QE?

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what is the most of each good that Canadians can consume when the economy is open?

international trade

Please Help Solve elasticity Problem

How much should a father invest at the time his daughter is born in order to provide her with $50,000 at age 21? Assume that the interest is 8% compounded semiannually

In economics what is labor elasticity?

Express your opinion on how you would feel about government regulation and intervention on your own monopolistic firm.

The price elasticity of demand for medical devices is about -0.25 to -.30.

For the demand equation, P = 2,000 – 2Q, answer the following:

Economics question

Below are some examples of people participating in activities that may or may not affect GDP. For each, indicate whether the activity affects GDP positively, negatively, or not at all.

Which of these best states why someone would use a budget?

Which is an example of an investment?

Factors that make it congenial or agreeable for a group of nations to start a process of Economic integration?

Need help solving "Xa*9.6%+(1-Xa)*7.8%=8.88%"

Select which of the following stories describes a shift of the demand curve (and NOT a movement along the demand curve). You must select ALL of the correct answers to receive full credit.

Which of the following is true of comparative advantage?

Economics Quadratic Formula help

Compare the pricing models for three different types of service businesses: 1) A legal firm 2) A restaurant 3) A college

A disadvantage of a traditional economic system is:

The price of a typical laptop computer has fallen from $2,000 in 1985 to $800 today. At the same time the consumer price index has risen from 100 to 250.

Find the CPI with the following infomation.

Economics class

Are unhealthy eating habits the result of economic hardships?

What is the deadweight loss of a firm with the demand function p=100000-2q and a constant marginal cost of $2.

How does quantitative easing work? What is the difference between QE and open market operations? What are the limitations of QE?

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