What fundamental econom- ic question are they

Assignment Help Macroeconomics
Reference no: EM13335778

Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury sedans, pickup trucks and compact cars. What fundamental econom- ic question are they addressing by making this range of products?

a. How to produce goods that consumers want?

Reference no: EM13335778

Questions Cloud

What is the magnitude of the velocity of the book : A student standing on a stationary skateboard tosses a textbook with a mass of mb = 2 kg to a friend standing in front of him. What is the magnitude of the velocity of the book
What are the incremental earnings in year 3 of the project : The equipment is expected to have a lifetime of eight years and will be depreciated by the straight-line method over its lifetime. The firm expects that they should be able to sell 1,500,000 gallons per year at a price of $52 per gallon.
Discuss the current status of this piece of legislation : Research Weingarten Rights. Discuss the current status of this piece of legislation. Is it necessary? Why or why not. What other piece of legislation [if any] would/could take the place of Weingarten Rights?
At what upfront costs does project cease to be worthwhile : An investor is considering a project that will generate $800,000 per year for four years. In addition to upfront costs, at the completion of the project at the end of the fifth year there will be shut-down costs of $500,000.
What fundamental econom- ic question are they : Automobile manufacturers produce a range of automobiles such as sports utility vehicles, luxury sedans, pickup trucks and compact cars. What fundamental econom- ic question are they addressing by making this range of products?
Explain the enthalpy of combustion of benzoic acid : The enthalpy of combustion of benzoic acid (C6H5COOH) is commonly used as the standard for calibrating constant-volume bomb calorimeters; its value has been accurately determined to be 3226.7 kj
Determine what is the net present value of the machine : Raindrip Corp. can purchase a new machine for $1,875,000 that will provide an annual net cash flow of $650,000 per year for five years. The machine will be sold for $120,000 after taxes at the end of year five.
Calculate the equilibrium level of income in the economy : Calculate the equilibrium level of income in the economy, and explain why this is the case.
What is the name for this type of industry : You want to start a company, and are trying to decide between two different industries. You are doing your final research before you write your business plan.

Reviews

Write a Review

Macroeconomics Questions & Answers

  What should be considered as the cost of the energy

Jennifer contemplates installing certain new machines that will reduce the labor time required on certain operations. These will increase the connected load by 10hp, but since they will operate only on certain special jobs, will add only 100 kWh p..

  Illustrtae what is the point price elasticity of demand

The demand function for gadgets is providede by the following formula. Illustrtae what is the point price elasticity of demand.

  What would be the marginal benefits and marginal costs

Identify two government programs, at a national level, that you would definitely change. Explain why and how you would change them. What are the marginal benefits and marginal costs of each changed policy to you

  Computing the equilibrium price and quantity

The Hull Petroleum Corporation and Inverted V are retail gasoline franchises that compete in local market to sell gasoline to customer.

  Assume that the economic news is not good

Assume that the economic news is not good and businesses become pessimistic about the future. How would this change in attitude affect the investment demand curve and the impact on real GDP.

  Effectively reflect the true marketplace benefit and price

What do you think that they would be able to effectively reflect the true marketplace benefit and price.

  Discuss how each of the following will affect the marketplac

Discuss how each of the following will affect the marketplace clearing price and quantity in each market. How does the supply and/or demand curves will shift in the following cases.

  You manage a us based company that makes

You manage a US based company that makes shoe laces that you sell in a highly competitive marke

  What biases or preconceptions did the author reveal

After choosing the topic do the article review which includes following steps a. a short summary that clearly covers all of the fey elements in the article. this summary must show that you carefully read and understood the content of the article.

  Which affects karls consumption of beer more

karls preferences over hamburger (h) and beer (b) are described by the utility function U(h,b)=min(2h,3b). his monthly income is M dollars and he only buys these two goods out of his income. denote the price of hamburgers by Ph and beer by Pb.

  Using definition of the production possibility curve

Using definition of the production possibility curve, which line(Curve) is much preferred.The curve that shows underutilized resources,efficiency of resources or overutilized resources?WHY?

  Increase output but by a factor of what

Due to the presence of dimishing returns to capital, doubling the amount of physical capital available for one worker to use will:

Free Assignment Quote

Assured A++ Grade

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!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd