510 Answered Questions for the topic economics

Economics Math Business Finance

03/31/15

Direct and Indirect Quotes
165,000,000 Taiwan dollars are the equivalent of € 4,650,330. $61,200,000 is the equivalent of € 39,276,000. Provide the (1) direct quotation and the (2) indirect quotation for the currency... more
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Economics

03/14/15

Why is collusion bad for consumers?
Detail needed to discuss how collusion is in many ways bad for consumers.
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Economics

03/08/15

Economic Question
Suppose it costs $30 for each lobster trap set. Lobsters sell for $15. If X traps are set, the harvest rate of lobsters, L, as a function of the number of traps, is given by: L = 45 X –X2.Suppose... more
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Economics

03/08/15

Economic Help.
Suppose it costs $30 for each lobster trap set. Lobsters sell for $15. If X traps are set, the harvest rate of lobsters, L, as a function of the number of traps, is given by: L = 45 X –X2. With no... more
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Economics Algebra 2 Functions

02/24/15

Investment rate
how many years will it take for an initial investment of $40,000 to grow to $60,000? Assume a rate of interest of 19% compounded continuously.
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02/05/15

Find the amount that results from the given investment.
$10 invested at 11% compounded continously after a period of 2 years.   What will the investment results be in 2 years?
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Economics Algebra 2

02/05/15

Find the principle needed now to get the given amount find the present value
to get $200 after 3 years at 7% compounded monthly. What is the present value of $200?
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Economics

02/04/15

Given: U(x1, x2) = x1x2+x1 Find Marshallian demand
a) Calculate the Marshallian demand for x1 and x2 b) Graph the demand for x1 when p2= 20 and I = 100. c) Show how the graph changes when p2=5.
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Economics

01/18/15

Can't figure this out
Firm PQR produces a product 'Alpha' under perfect competition market conditions. The cost function for the firm is: Firm PQR produces a product 'Alpha' under perfect competition market conditions.... more
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01/03/15

Need help with inflation / interest rate problem?
I was doing a homework problem on how inflation would affect savers and borrowers, but I don't get how savers would be hurt if they receive a fixed-interest-rate. Suppose that I'm a saver and have... more
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Economics

01/02/15

What are the typical problems faced by the Less developing countries and the barriers of growth for them ? please give detail answer
please i want detail answer of my question . i am researching on it. but i cant find other information which i want 
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Economics Market

12/16/14

Whats the amount the firm will decide to produce?
Hey,   I got a economics test soon and was wondering if anyone could help me out with the following practice question: A firm called Mojo has a production technology to produce a good Y with... more
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Economics

12/11/14

If the Fed buys $32 billion of U.S. bonds in the open market and the reserve requirement is 10 percent, M1 will eventually

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12/02/14

Economics Question: Finding Marginal Costs and Benefits
You are selling your 1996 Mustang. You have already spent $1000 on repairs. At the last minute, the transmission dies. You can pay $600 to have it repaired, or sell the car “as is.” A.) What is... more
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11/05/14

Suppose the government engages in over production of a good. What are the likely effects on the private production of other goods? Explain.
Suppose the government engages in over production of a good. What are the likely effects on the private production of other goods? Explain.
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Economics

11/03/14

profit-maximizing quantity using the marginal revenue and marginal cost approach
I am given Quantity, TC, and market price. How do I solve this problem? a. What is the total fixed cost for this firm? Find its profit-maximizing quantity using the marginal revenue and marginal... more
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Economics

11/03/14

Critical Values of P
2. The prospective purchaser of several new shipments of waterproof gloves hopes they are as good as the old shipments, which had a 10% rate of defective pairs. But he fears that they may be worse.... more
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Economics

10/08/14

in most former communist countries, state owned enterprises are being converted to private ownership, a process known as
I really need this help, im studying but I do not know economics very well
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Economics

09/17/14

t is important to diversify your investments ?
A. because money saved in a bank is not protected B. so you do not pay more taxes to the government C. in order to minimize risk and maximize return D. to keep your financial document
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08/15/14

Find the consumer's and producer's surplus for an item with the following.
Supply: p=5q^2 Demand= 4800-q^2/3. Professor said this had multiple steps. I know you set Supply=Demand to get equilibrium but how do you solve for X and then after how do you find the consumers... more
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08/11/14

Market Economy questions
Hi All,   Please help me answer these questions.    1. How has our market economy impacted life in the United States throughout our history?   2. How do our economic decisions affect our... more
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Economics

07/15/14

The economic phase
The economic phase with conditions making it easy for consumers to buy homes, cars, and other goods is called (Points : 1) expansion. trough. peak. contraction.
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Economics

04/16/14

Which of the following has the lowest exit/entry barrier?
Which of the following has the lowest exit/entry barrier?a.Monopolistic competitionb.Monopolyc.Perfect competitiond.Oligopoly
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Economics Marginal Cost

04/09/14

economic question
If total cost increases from $50 to $90 as output increases from 20 to 25 units, what is the marginal cost of the twenty fifth unit of output?
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Economics

04/09/14

economic question
Peter, who is currently working in a job paying him $50000 a year, is considering opening his own clothing store. To do so, he would have to quit his current job and take over a store building that... more
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