510 Answered Questions for the topic economics

Economics

07/21/17

Are these commercial goals of a producer?

Effective advertising, To make a profit, Maintaining Brand Reputation, Using quality ingredients are these commercial goals of mcdonalds  
Economics

06/02/17

if you paid $89 to a loan company for the use of $1075 for 82 days, what annual rate of interest did they charge? (Assume a 360-day year)

if you paid $89 to a loan company for the use of $1075 for 82 days, what annual rate of interest did they charge? (Assume a 360-day year)
Economics

05/28/17

Economics and profit

This one is a stumper for me. The profit in dollars of the sale of x expensive watches is P(x)=0.03x^2-3x-6x^0.4-4000. Find for x=400, x=2000,x=5000, x=10000
Economics

05/21/17

Which of the following explains economics as it is, not as it should be

Macroeconomic, positive economics, normative economics, or microeconomic. I just need to know which one of these is the correct answer and that's about it. Thank you
Economics

04/12/17

Using properly labelled diagrams illustrate what will happen to the equilibrium price and quantity of muesli (ceteris paribus), in the followingscenarios

1. Research has shown that muesli is good for the heart   2. The ongoing drought has affected grain (one of the ingredients for muesli) production. 

03/04/17

The p-value for the two-sided hypothesis test is 0.04. How would you interpret the p-value?

The owner of an ice cream shop wants to determine whether there is a relationship between ice cream sales and temperature. The owner collects data on temperature and sales for a random sample of 30... more
Economics

01/31/17

A product has a price elasticity of demand of 0.6, which means that:

A product has a price elasticity of demand of 0.6, which means that:1)Total revenue falls when the price increases.2)Revenue is unaffected by price changes.3)Total revenue increases when the price... more
Economics

01/31/17

Which of the following statements is true?

1) The demand curve is an upward-sloping line which relates price and quantity demanded.2) If a company that faces a downward-sloping demand curve charges the same price to all its customers, there... more

01/14/17

Average total cost question

A company's average cost per unit when x units are produced is defined to beAverage cost = Total cost/xSuppose a company's average costs are given byAverage cost = 8000/x + 35 + 0.7x.   (a)... more
Economics

01/08/17

a. Plot the budget line with vertical and horizontal intercepts?

Q 3. Suppose an individual has an income of $20 per time period, the price of good X is $2 and the price of good Y is also $4. That is, I = $20 , PX = 2, and PY = $4.
Economics

10/31/16

Hello , I want a formal article about the wall street financial crisis 2008

I need a help specificially about the reasons behind it , like formal articles , documents ... etc Thanks in advance
Economics

10/14/16

The spreading of fixed costs over more output explains why the long-run average cost falls as output rises.

its a true or false question, and i do not know the answer to it. 

Utility Maximization

maximize U= e(x1+ In x2)^1/3

08/24/16

PLEASE HELP me with this intro to ECONOMICS question? IM STUCK!

On April 1, the price of gas at Bob’s Corner Station was $3.50 per gallon. On May 1, the price was $4.00 per gallon. On June 1, it was back down to $3.50 per gallon.Between April 1 and May 1, Bob’s... more
Economics

06/30/16

The change in the relative price—the price of one good relative to the prices of other goods—causes the substitution effect

The change in the relative price—the price of one good relative to the prices of other goods—causes the substitution effect   
Economics

06/26/16

What is the effect on the price of drought resistant plants? On the quantity of drought resistant plants sold?

Watering restrictions in the 4th year of drought lead many California homeowners to replace their lawns with drought resistant plants. After the 3rd year of drought, many greenhouses that supply... more
Economics

06/22/16

how can total emissions rise even though emissions per dollar of GDP substantially decline

 how can total emissions rise even though emissions per dollar of GDP substantially decline
Economics

06/07/16

Can anyone please explain the answer to this economics question?

Indias population growth rate is 1.6% a year.In 2005 its economic growth rate was 8% a year. Chinas population growth rate is 0.6% a year.In 2005 its economic growth rate was 9% a year. Using 2005... more

05/03/16

Increase in demand for money results from : (A) an increase in the price level, (B) a decrease in the price level ???

What is the reason of an increase in demand for money ????

05/03/16

What would happen if only money demand decreases in an economy? Is there will be any change in unemployment rate?

Will the unemployment rate increase due to a decrease in demand for money???
Economics

05/02/16

Economics Question

What are the two responsibilities given to the Federal Reserve in relation to controlling the economy?
Economics

04/30/16

economic problem is the cause of scarcity.defend

related to economic
Economics Microeconomics

04/26/16

Relative price

if the relative price of one unit of good x is 5 units of good y, then it follows that the absolute price of good x can be _ and the absolute price of good y can be _   Its economics but I'm... more

04/17/16

If the MPC is 0.75 and investment spending increased by $20 billion, then the increase in GDP will be $

If the MPC is 0.75 and investment spending increased by $20 billion, then the increase in GDP will be $

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