510 Answered Questions for the topic economics

Economics Business Psat Sat

04/02/21

Business Econ: Limits and Continuity
Suppose that the total profit in hundreds of dollars from selling x items is given by P(x)=5x^2-5x+9.a.) Find the average rate of change of profit as x changes from 4 to 6.$_ per item
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04/01/21

AP Macro Questions Pls Help
In a paragraph explain what aggregate demand and aggregate supply are and give an example illustrating how each work. In a second paragraph, explain how aggregate demand and supply are different... more
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Economics Calculus

03/27/21

Calculus Question

Work problem number 17 from section 4.4 of your book (page 194) using the revenue function R(q)=450q and the cost function C(q)=9900+2q2. Round your answers to the nearest whole number. a) At what... more
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Economics Calculus

03/27/21

Calculus Question

The cost function for a product is C(q)=q3−75q2+1875q+1120 for 0≤q≤50 and a price per unit of $579. Round your answers to the nearest whole number. a) What production level maximizes profit? q = b)... more
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Economics Macroeconomics

03/26/21

Keynesian Fiscal Policies
Would you recommend a Balance Budget Multiplier method to bring the economy from a recession to non-inflationary full employment level? Why?
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Economics Math

03/26/21

Discussion Question (MAT 120)
If I have just graduated college and landed my first job making $50,000 a year. I plan to marry and have two children and own a home. I also want to retire having at least $1 million dollars put... more
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03/23/21

Describe Karl Marx's views on capitalism?

Watch the following two videos:https://youtu.be/euH3pAuLukohttps://youtu.be/Xih1_3hR1x4How do these videos relate to Marx's view on capitalism?
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Economics Macroeconomics

03/23/21

What happens in a circular flow diagram?
. In the circular flow diagram:A.) profit flows from the product market to the firms.B.) revenue flows from the resource market to the households.C.) consumer spending flows from the product market... more
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Economics

03/15/21

Because of sluggish sales in new homes around the nation, 22% of the construction workers in that industry are unemployed.
This raised the national unemployment rate to 7%. a. Problem? b. Fix? c. Fiscal Policies?
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03/14/21

Ap Macro Question Pls Help!
Identify the type of unemployment that would be present if each of the following individuals was actively looking for work. Explain. Caroline lost her job when the mortgage company she worked for... more
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Economics Business

03/14/21

The maximum profit that the firm can attain is $?
The table below shows the quantity (Q) and price (P) combinations on the firm’s demand... more
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Economics Social Studies

03/10/21

What would happen if there were no minimum wage laws in the United States? Could employers pay whatever they wanted to? Explain. 2.without minimum wage laws, would everyone be paid extremely low wages
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Economics Business

03/07/21

The table below shows combinations of workers and machines that can be used to produce 10 lawnmowers per day.
Technology Workers Machines A 4 8 B 5 3 C 9 2 D 3 6 E 6 4  For the following determine which technology’s are dominated by other technology’s and which one is not Technology A is?... more
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Economics

03/07/21

Calculate Liev’s economic profit (be sure to put a negative sign if a loss).
Liev runs a movie memorabilia website. Last year, he earned $35,000 in revenue and had explicit costs of $8,000. Liev could have made $35,000 driving a boat in a water ski show and received an... more
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03/04/21

What is the marginal cost when output is 60?

Use the cost table below to find the following marginal costs.Output Quantity Total Variable Cost Total fixed cost Total cost ... more
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02/21/21

How do you calculate opportunity cost of attending college when given tuition, books and working time?
If college tuition is $2,000 this semester, books cost $400 and you can only work 10 hours rather than 40 during a 15 week semester, what is your opportunity cost of attending college?
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02/18/21

Hi Experts (: ! My question is related to profit-maximization for a monopoly. I truly need help !!
Given this information for a monopoly company producing cars : cost of production : 2 million ( 2000 in thousands) w/ nothing to maintain  foreseeable demand : q= 900-150p ( q is the number of... more
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Economics Social Studies

02/17/21

What economic principle is the reason the price of a PS5 is so high outside of stores?
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02/16/21

How would you calculate consumer surplus given a table with consumers' willingness to pay?
Given the following table, calculate the total consumer surplus if the market price is 6. Assume this is a stepped demand curve.
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02/16/21

Write a story using the following terms
NeedWant Incentive Opportunity Cost Trade-Off Scarcity Land Capital Labor Entrepreneur Good ServiceProductivity ... more
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Economics Math Statistics Finance

02/07/21

Number of hours required

24) A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours would the plant have to work to produce 1000 parts?A) 8.9 b) 100c)... more
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Economics Finance

02/04/21

How much is the labor cost ?

company pays $ 30/day to each of its two workers. Each worker produces 10 units per hour in 8-hours day, the labor cost per unit is ?
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01/30/21

find the coordinates of the point of intersection of the line

On graph paper draw axes with values of x and y between −3 and 10, and plot the following points: P(4, 0), Q(−2, 9), R(5, 8), S(−1, −2) Hence find the coordinates of the point of intersection of... more
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01/22/21

Employment Rate

If the total population in a country is 200 million, the number of unemployed is 15 million, the number of employed people is 45 million and the number of voluntary unemployed is 90 million, what... more
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01/22/21

Level of gross national product and domestic income level
Answer the relevant questions about an economy with the following information.a. Gross Domestic Product = 8,000b. Net External Factor Revenues = 500c. Gross Investments = 1,400D. Net Investments =... more
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