510 Answered Questions for the topic economics

01/22/21

Price Elasticity of Demand
Since it is known that the Price Elasticity of Demand for a good is -1.4, if there is an increase of 28% in the demanded quantity of this good, what% is the change in Total Revenue?
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Economics

01/22/21

How to find supply and demand

Plant Touch This is doing market analysis for a new small beverage cup for hot drinks.(a plant replacement for those white Styrofoam cups) made from garbanzo beans.They have hired a consultant to... more
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01/14/21

What would the equilibrium graphs look like?
what would the possible graphs look like for this article? i don't know how to graph them or label... more
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Economics

01/14/21

Economic policy of Kyrgyzstan
1.     What is/are the main macroeconomic problems of your country? Use recent statistical information of your country to create a table that summarizes the macroeconomic indicators for... more
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Economics Business

01/08/21

Why did banks withdraw all loans and stop all borrowing/lending activity in 2007?
a. Banks needed to make sure they could keep lending to those who really needed it, like small businessb. Banks balance sheets were reduced when the value of their portfolio fell drastically with... more
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Economics Business 2008 Crisis

01/08/21

Why did the subprime market become so profitable in the 2000’s?
a. A whole new market for subprime loans emerged as the subprime loans were combined with insurance products into new types of derivatives and investment securities that were highly rated by credit... more
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Economics Business

01/08/21

Why did the price of housing increase during the 2000’s?
a. The banks raised lending standardsb. The supply of housing was stagnant while demand was increasingc. Subprime mortgages increased allowing a whole new sector to purchase homesd. Banks and... more
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Economics Statistics

12/24/20

Help! Solving for Coefficient of Correlation
I have found answers for the first three questions, but I am very confused about the coefficient of correlation for this. I have tried multiple times to answer this and have tried: 0.5713,... more
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Economics Microeconomics

12/17/20

Create a normal form game for two firms called GM and P&W, respectively.

Prior to regulation by the federal government, many folks believed that the tobacco industry was characterized by a prisoner's dilemma in that tobacco firms all spent lots of money on advertising... more
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Economics

12/17/20

The more elastic the demand for a good, the more incidence of an excise tax can be shifted to the consumer.
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Economics Math Business

12/15/20

need help answering this question:
A small industry produces two items, 1 and 2. It operated at capacity and makes a profit of $6 on each item 1 and $4 on each item 2. The following table gives the hours required to produce each... more
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12/13/20

What is the present worth of the depreciation tax held?
Company A purchases $200,000 of equipment in year zero. It decides to use straight-line depreciation over the expected 20 years life of the equipment. The interest rate is 14%. If its average tax... more
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Economics

12/09/20

3.3.4 the federal reserve
why is lowering the reserve requirement considered an expansionary monetary policy?
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Economics

11/26/20

is economics a science?

is economics a science? can you interpret about it; -not universal-difficulties in experiments-error in experiments,-gives different results in different times and nations.
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11/21/20

NAFTA effects between the U.S. and Mexico
From 2010- present, Who won the trade and who lost. What were the effects of trade relationship between the U.S. and Mexico – emphasis is given to import- export activities between the two... more
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11/20/20

Economics effects due to NAFTA
From 2010- present, how has peoples lives been effected by NAFTA (The North American Free Trade Agreement ). What are the benefits for Mexico and the United States? What did were the New Trade... more
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Economics Literature

11/04/20

what are the positive impacts of immigration in an economy?
write 3-5 sentences about how it impacts entrepreneurship and, hopspitality and tourism industry
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Economics Literature

11/04/20

what are the positive impacts of immigration in an economy?
3-5 sentences for the positive impacts
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Economics Literature

11/04/20

what are the positive impacts of immigration in an economy?
find sources from the web and paraphrase 3-5 sentences from them cited.
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11/03/20

How do you calculate profit maximizing quantity when given price and cost information?
How do you find out how many products a firm should produce if it sells its products in a perfectly competitive market structure and the market price is $50? You are given the following... more
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Economics Microeconomics

11/01/20

How do you tell if a firm should continue to produce or shut down when given costs?
You are the owner of an ice cream shop that earns a profit most of the year except during the cold winter months. During the month of December, your rent and other fixed costs amount to a total of... more
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10/28/20

Answer true or false, with a brief explanation.
Answer true or false, with a brief explanation.1. Monopolies are always bad for consumers.2. The supply curve of a monopolist is upward sloping.3. Monopolies charge the highest price a consumer is... more
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Economics

10/28/20

stats economics

Compute the price of a share of stock that pays a dividend of 1 dollar per year and that you expect to be able to sell in one year for twenty dollars. Assume that you require a 15% return.
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10/23/20

Economic Systems and Macroeconomics
What is the main difference between command/planned economy and free market economy? If the US is capitalist leaning then the US use free market? Is UK capitalist leaning too?
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Economics Labour Economics

10/20/20

Labour Economics
3. By intent, education increases the productivity of labor. Suppose a country institutes effective public education so that the literacy and numerous rates within the country increase... more
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