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Q1. Assume the following data for a country: total population; population under 16years age of institutionalized, 120; not in labor force, 150; unemployed 23; part time workers looking for full time jobs, 10. What is the size of the labor force? What is the official unemployment rate?
Q2. What does it mean when asked; what are some considerations to remember given the different roles and people in the audience?
Who would audience be? Just anyone around or is it a specific person?
Describe a skimming price and a penetration price, and advise them whether they should charge a skimming price or a penetration price, with supportive reasoning for and against each pricing alternative.
You read in a business magazine that computer firms are reaping high profits. Assume that the computer market is perfectly competitive.
Demonstrate by example about production which exhibits constant returns to scale.
From what you know about these firms' cost structure, what is the highest possible price per unit that could be existing as the market price in the long run equilibrium.
Graph Mary's marginal cost curve using the orange line and her marginal revenue curve using the blue line
In economic terms, when the wage rate increases we sometimes see the number of hours worked by individuals decrease now.
Suppose the MPC is an economy is 0.9. The APC is initially 0.95 and disposable income is $4 billion.
Assuming sum-of-years digits depreciation, what book value will Model-I have after two years.
Using this demand function, find the total revenue function. What is the shape of the total revenue function.
You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
Air transport for businesspeople and tourists
If the company has not paid dividends, discuss why think the company is not paying dividends or whether they should consider adopting a dividend policy.
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