510 Answered Questions for the topic economics

Economics

04/02/14

basic economics please help asap
Steve buys a new coat from Don's clothing store. Don buys coats from Mary's factory, and Mary buys her material from Sean's mill. The cost of Steve's coat will go up if the workers in Sean's mill... more
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Economics

11/29/13

economics with maths
An electrical component manufacturer has the following:   Price (£) received for each component sold:5 Fixed costs (£):20,000 Constant marginal cost (£):2       What is the break even level of... more
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Economics

11/24/13

Assume an economy’s annual money velocity in circulation is 10.
Assume an economy’s annual money velocity in circulation is 10. Please answer the following two questions: a. If the annual nominal GDP is $200 trillion, how much money supply are enough for money... more
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Economics

11/15/13

demand function of mr.hassan involving change in price
Mr. Hassan demand function for rice is given by x=15+m(10p)^-1 where x=amount of rice demanded,m=income of the consumer,p=price of rice.Originally the income of Mr.Hassan is 4800 per month and the... more
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Economics Word Problems

11/14/13

monopolistic firm involving income effect and substitution effect
Given the demand function of a monopolist operating two plants is equal to Q=400-4p and cost functions for plant A is equal to C=20Q and plant B is equal to C=0.5Q² Assuming the monopolist can... more
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Economics

07/26/13

What is economic profit and accounting profit with the information given?
Price=$20, Quantity=400units, Unit cost=$15, implicit cost=$4,000 Please explain your answer.
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Economics

07/15/13

Econ 101 help.
The optimization rule in the short run, a firm will increase the variable factor up the point at which its MRP (MRxMP) is equal to the price of the input (MRP for labor=P for labor=wage rate). A... more
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Economics

06/18/13

Cost of production of a small firm
Assignment 2: LASA 1: The Costs of Production A small firm in the agricultural industry, Joseph Farms, Inc., has researched limited data for their firm. They are asking you to help them complete... more
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06/17/13

which fact is not sufficient to show that planes R and S are perpendicular?
FJ is contained in plane R, BC and DE are contained in plane S, and FJ, BC, and DE intersect at A. its hard for me
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03/03/13

30% of all Girl Scout cookies sold are Thin Mints. If we select 9 boxes of cookies at random, what is the probability at most 5 of them are Thin Mints?
Economic Statistics IDoes anyone have a formula for these type of problems?
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