510 Answered Questions for the topic economics

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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11/18/21

Economics question
Will a decrease in workers change the movement along the supply curve of a good or shift the supply curve? I'm reading an article for my economics class, and I'm confused on how the situation in... more
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Economics

11/13/21

5.03B THANK YOU!
Assume the economy is experiencing low and stable inflation, averaging 2% a year. Nadia loans her good friend Brett $12,000 to buy a car. Nadia and Brett agreed that he would repay the loan over... more
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11/10/21

Ap economics question (can someone explain to this to me please? thanks <3)
Suppose the seventh carrot you consume provides a marginal utility of 3 utils and the eighth carrot provides a marginal utility of 2 utils. If you consume the eighth carrot your total utility... more
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11/09/21

Globalization (Asia Pacific and South Asia)
Discuss how Asia-Pacific and South Asia serve as an engine for globalization
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11/09/21

Relationship between Regionalization and Globalization
In the most detailed possible way, explain the relationship between regionalization and globalization.
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11/08/21

ap economics question (can someone explain why? thanks)
Which of the following is the most likely to be a regressive tax?a) a sales tax on all goodsb) a tax of $1,000 per personc) a personal income tax of 25% on all incomed) a personal income tax of 15%... more
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11/08/21

ap econ question
An excise tax drives a wedge between the supply price and the demand price with a height equal to:a) the demand price of the good.b) the pre-tax price of the good.c) the total tax revenue collected... more
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11/08/21

Perception of Corona Virus compared to other global crisis in regards to Globalization
Why do people perceive Corona-Virus disease (Covid-19) more differently than other global crises such as climate change?Reference: https://m.youtube.com/watch?v=j1z-gVc6HZgmin 200 words
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11/08/21

ap micro econ question (can someone explain this to me?)
A second of which of the following is the most likely to provide more marginal utility than the first?a) mailboxb) t-shirtc) shoed) care) refrigerator
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Economics Geography

11/06/21

What is the extent of Spratly Islands total EEZ ?
If a country seized the Spratlys, what EEZ would it earn ?Spratly Islands is an archipelago of the South China Sea, at the center of numerous territory disputes, although it covers only ¾square... more
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10/31/21

micro economics question
Suppose there is a decrease in the price of swimsuits and no change in the market demand curve for swimsuits. Who receives the resulting increase in consumer surplus?a) Buyers who did, and who did... more
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10/30/21

Ap Econ question
Which of the following leads to a more inelastic price elasticity of supply?a) a shorter time period in which to supply the goodb) a small demand for the goodc) a high degree of substitutability... more
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10/27/21

help on a basic econ question.
Suppose U.S nominal GDP increases from one year to the next year. Can you conclude that these figures present a misleading measure of economic growth? What alternative method would provide a more... more
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10/22/21

economy questions
By convention, a price elasticity of demand of 5 indicates that a 1% increase in price leads to a in the quantity demanded. (Answer is e, but I want to know why it's the answer)a) 0.2% decreaseb)... more
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10/22/21

ap economy question
Which of the following statements is true? (answer is b but please explain why)a) Normal goods and inferior goods differ in regard to the direction of the substitution effect caused by a price... more
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10/18/21

I need help my financial homework ASAP

A planned 5-year project in company ABC has an expected annual inflow of 20,000 $ in year 1 30,000 $ in year 2 28,000 $ in year 3 20,000 $ in year 4 8,000 $ in year 5 The project will require an... more
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10/17/21

Help with least cost production decision for firm using calculus solution
Suppose a firm’s production function is given by F(K, L) = K3/5 * L2/5. The rental rate ofcapital (r) is $8 per unit and the wage rate (w) is $20 per unit. What is the firm’s optimal capital-labor... more
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