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Alfonce sews garments and is paid £2.35 for each. In one week he is paid £141.
(a) Calculate how many garments Alfonce sewed in that week.
In that week, Alfonce spent 25 hours sewing garments.
(b) Calculate the rate per hour that Alfonce received.
Yetresh's gross salary is £1,980 per month. In a particular month she paid income tax of £265, trade union contributions, and 3.25% of her gross salary in pension contributions. Her total deduction from gross salary is £355.
Calculate:
(c) how much Yetresh paid in pension contributions for that month.
(d) how much Yetresh paid in trade union contributions that month.
(e) Yetresh's net pay as a percentage of her gross pay.
suppose you are the production manager for widgets inc. your job is to produce a fixed amount of output at the lowest
As we all know that the value of dollar depends on what determines supply curve and demand curve on the foreign exchange markets, which obviously is linked to supply and demand for underlying transactions
Describe how households and businesses are slowing down the circular flows of money and goods and services during the economic slump.
Suppose the airline is offered $4,000 per week to haul freight along the route for a local firm. This will mean replacing one of the weekly passenger flights with a freight flight (at the same operating cost).
Assume that the total cost function for a single firm in a purely competitive industry is given by following equation:
most religions argue that individuals should not fully exploit market positions by charging individuals the maximum
Suppose you are hired by the Martin guitar company as an economic consultant. You estimate the demand for Martin guitars to be Q = 9,000 – 6P.
1. What has been the role of the Commonwealth Constitution in setting the framework for regulation of transport and communications?
Expansion and contraction are commonly utilize terms in economics and the media.
Shelly's preferences for consumption and leisure can be expressed as. This utility function implies that shelly's marginal utility of leisure is C-200 and her marginal utility of consumption is L-80.
To what extent have industrialisation strategies in developing countries been successful in the post-war period? Is import substitution a necessary phase in industrialisation before a country can engage in exports?
How does a current budget deficit affect futureworkers? How could a policy by the current government to reduce thenational debt hurt these future workers?
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