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!
Please answer all the questions to the best of your abilities, don't leave any blank.
1. Explain use of production possibilities frontier to analyze opportunity costs and trade- offs.
2. Describe comparative advantage and explain how it serves as the basis for trade.
3. Explain the basics of how a market system works.
Suppose the demand curve for a product is given by Qd = 300 - 2P + 4I, where I is average income measured in thousands of dollars. The supply curve is Qs = 3P - 50. If I=25, find the market-clearing price and quantity for the product. Find the own pr..
A medium-sized profitable corporation may buy a $25,000 F-150 for use by the shipping and receive department. During the truck’s 5-year useful life, it is estimated the firm will save $6000 per year after all the costs of owning and operating the tru..
Imagine you are a member of Congress. Since consumer spending comprises at least 2/3 of real GDP, you know that increasing that spending would boost the U.S. economy in the short run. During a press conference, a member of the press asks you what you..
An asset costs $20,000 and is in the 5 year property class. O&M costs are $2,000 the first year, $3,000 the second year, $4,000 the third year, etc. Salvage values are $12,000 after one year, $9,000 after 2 years, $6,000 after 3 years, and $4,000 the..
If the company hires an incompetent president to run the company. He has the opportunity to introduce his idea for kids toys but his idea failed. He keep reducing the price of the products and eventually give out free products. Is it a good idea to g..
In the labor market, what causes a movement along the demand curve? What causes a shift in the demand curve? In 1980, Denmark had a GDP of $70 billion (measured in U.S. dollars) and a population of 5.1 million. In 2000, Denmark had a GDP of $160 bill..
Elucidate problem which is posed by any comparison over time of the market values of various total outputs? How is this problem resolved.
What data the organization needs in order to make good decisions and how the use of macroeconomic indicators enables organizations to improve their forecasts of the key decision-making data.
Illustrate what might you consider to be your "fixed factor". Illustrate what alternative decisions might you be able to make in long run.
You hold an auction among three bidders. You estimate that each bidder has a value of either $16 or $20 for the item, and you attach probabilities to each value of 50%. What is the expected price? If two of the three bidders collude, what is the pric..
how the limit on the amount of reimbursement is not the only effective way to decrease expenditures for health care if health care providers succeed in increasing the demand.
Yet many financial decision-makers at some of the most prominent firms in the world continue to use less desirable measures such as the payback.
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