Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Robin and Terry are stranded on a deserted island and consume two products, coconuts and fish. In a day, Robin can catch 2 fish or gather 8 coconuts, and Terry can catch 1 fist or gather 1 coconut.
1. Suppose that each person is initially self-sufficient. In a six day week, Robin produces and consumes 32 coconuts and 4 fish, and Terry produces and consumes 4 coconuts and 2 fish.
Now suppose Robin and Terry engage in specialization and exchange, trading 3 coconuts for 1 fish.
If robin and Terry consume the same number of fish as in the self-sufficient outcome, then specialization and exchange allow Robin to consume _____ additional coconuts and Terry to consume ______ additional coconuts.
**Would appreciate if whoever answers this can show me the process to getting the answer**
When looking at a tariff and a quota, you will find that these are classified as protectionist policies. Which one do you think the US must consider given the higher trade deficit?
Determine what fiscal policy measure has a more direct impact to the economy, an increase in government spending or an equal decrease in taxes if consumer confidence is lower than the previous month. Explain your reasoning.
If a nominal annual interest rate of 9.532% with continuous compounding is assumed, calculate the values and the payback period
What role do inventories play in determining the real GDP demanded In answering this question, suppose initially that firms are either producing more than people plan to spend or producing less than people plan to spend.
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. The market value of the building is $100,000. She pays $30,000 per year for flowers and other supplies
Write down any set of numbers. Calculate thier mean, and then the average deviation from the mean. c) Prov that, for every possible sample of n observations, the average deviation from the mean is exactly zero. Is this also true for deviations fro..
1.explain the factors of production and give an example for each one.2.what is the difference between a normal good and
What is the relationship between business operations and CSR at BP - Does the organization consider CSR as obligatory or do they seek opportunities for CSR? In other words, is the organization reactive or proactive?
write the economic analysis section of a business proposal. this will include statements about the market structure and
What is the mid-point (averages) formula for elasticity of demand? What does it measure? What do the values (1), (2), and (.50) indicate? What are the determinants?
Difference in FDI inflows into the two countries
Describe an environment in which permit trading can contribute to economic efficiency. How do permits make such a contribution?
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd