Recent Economics Questions & Answers
Designing a Managerial Incentives Contract Specific Electric Co. asks you to implement a pay-for-performance incentive contract for its new CEO and four EVPs on the Executive Committee. The five managers can either work really hard with70-hour weeks…Sign Up
1 PPF (20 points) Suppose that Econistan produces two goods, marshmallows and toothpicks, under conditions of constant opportunity costs. Given its resources, the maximum number of marshmallows that it can make is 1000 pounds, and the opportunity…Sign Up
The market for lemon has 10 potential consumers, each having an individual demand curve P = 101 – 10Qi, where P is price in dollars per cup and Qi is the number of cups demanded per week by the ith consumer. Find the market demand curve using…Sign Up
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1. Draw the demand curve using the quantity and demand data of chicken provided in rows 3 and 4 of the Excel file? (1 mark) 2. Draw the supply curve using the quantity and supply data of chicken provided in rows 3 and 5 of the Excel file? (1 mark) 3….Sign Up
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1. Draw the demand curve using the quantity and demand data of chicken provided in rows 3 and 4 of the Excel file? (1 mark) 2. Draw the supply curve using the quantity and supply data of chicken provided in rows 3 and 5 of the Excel file? (1 mark) 3….Sign Up
Given the information of a certain good (say chicken), consisting of the quantity of chicken in different prices of its supply and demand, in the Excel file attached to this assignment. Rows 3, 4, and 5 in the Excel file exhibit the quantity of…Sign Up
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Course Project Scenario You are an economist for the Vanda-Laye Corporation, which produces and distributes outdoor cooking supplies. The company has come under new ownership and management and will be undergoing changes in its product lines and…Sign Up
Let corn denote per capita consumption of corn in bushels at the county level, let price be the price per bushel of corn, let income denote per capita county income, and let rainfall be inches of rainfall during the last corn-growing season. The…Sign Up
You will assume the role of the primary wage-earner for a minimum-wage family. You will be assigned a semi-major US city based on the third letter of your Penn State Access ID: DAN Third Letter of Access ID City A-D New Orleans, Louisiana E-K…Sign Up
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Consider a simple model to estimate the effect of personal computer (PC) ownership on college grade point average for graduating seniors at a large public university: GPA= b 0 + b 1 PC + u , where PC is a binary variable indicating PC ownership. (i)…Sign Up
Designing a Managerial Incentives Contract Specific Electric Co. asks you to implement a pay-for-performance incentive contract for its new CEO and four EVPs on the Executive Committee. The five managers can either work really hard with 70-hour weeks…Sign Up
What does the quantity of education demended in private universities much more responsive than salt is to changes in price?Sign Up
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WHAT IS RELATION BETWEEN INDIA AND THE MULTINATIONAL CORPORATIONS? NAME SOME INDIAN MULTINATIONAL CORPORATIONS.Sign Up
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The Telecommunications Regulatory Authority (TRA) isthe UAE’s independent industry regulator. Sinceits launch in1976, Etisalat has held a monopoly inthe market. That changed in2006 with the emergence ofdu, which was awarded a 20-year concession…Sign Up
The demand for a product is usually very sensitive to economic variables, such as the prices and consumer income. This responsiveness of demand iselasticity. Compute elasticity inthe below scenarios: a. Yesterday, the price of envelopes was $3 a box,…Sign Up
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Question 2: (10 marks) Suppose that the Melbourne’s housing market is perfectly competitive (i.e., many real estate developers). The city government decides to introduce a buyer’s tax (specific tax) on housing purchases. Using appropriate…Sign Up
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Why is the quantity of education demanded in private universities much more responsive than salt is to changes in price?Sign Up
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1.why does the quantity of salt demanded tend to be unresponsive to changes in its price? 2.why is the quantity of education demanded in private universities much more responsive than salt is to changes in price? Sign Up
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1.why does the quantity of salt demanded tend to be unresponsive to changes in its price?2.why is the quantity of education demanded in private universities much more responsive than salt is to changes in price?3.to get the market demand curve for a…Sign Up
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Question 1 Adam Smith remarked in “The Wealth of Nations’ concerning the balancing of the government budget. “What is prudence in the conduct of every private family can scarce be folly in that of a great kingdom” What problems might there be if the…Sign Up
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Last year, Jarod left a job that pays $60,000 to run his own bike-repair shop. Jarod’s shop charges $65 for a repair, and last year the shop performed 3,000 repairs. Jarod’s production costs for the year included rent, wages, and equipment. Jarod…Sign Up
Fiberia Accessories, a clothing retailer, is planning to introduce a new line of sweaters as part of the winter collection for $65 with an inventory of 1500. The main selling season is 60 days between November and December. The store then sells the…Sign Up
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Using supply-and-demand diagrams, show the effect of the following events on the market for cassava a. An increase in the price of bread b. An infestation of pests that reduces output of cassava c. Campaign that shows sweet potatoes are more…Sign Up
how can improvements in the role and status of women have an especially beneficial impact on development prospects?Sign Up
ECO10001 Introduction to the Sections of the Portfolio Assessment – x/30m o General Comments In educational settings, a portfolio assessment is a compilation of materials that demonstrates a student’s understandings and skills developed. In ECO1001…Sign Up
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Take a fast moving consumer good like washing machine detergent. Analyse the factors that determine the demand of this product. Present your findings in the form of a clear presentation. Give details information.Sign Up
BAD Enterprises is considering increasing the price of its harmonicas, currently $20, by 25 per cent. BAD’s current revenue is $12,000 a month, and the PED for its harmonicas is estimated to be1.8. a. Calculate the effect of the price change on…Sign Up
Why is the quantity of education demanded in private universities much more responsive than salt is to changes in price?Sign Up
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Why is the quantity of education demanded in private universities much more responsivethan salt is to changes in price?Sign Up
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Suppose the MSC of cleaning Puget Sound is modeled as MSC 10+1.4A, where A is the percentage of phosphorus abated and MSC is measured in millions of dollars. a. Find the incremental costs of a policy initiative that increases the phosphorus abatement…Sign Up
The market demand for economics book is Q = 18,000 – 400P, the MC = $10 and is constant, and the ATC = $22.50 at Q = 5,000, $17.50 at Q = 7,000, and $15 at Q = 9,000. a. Draw a figure showing the quantity and price at which the publisher maximizes…Sign Up
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The market demand for economics book is Q = 18,000 – 400P, the MC = $10 and is constant, and the ATC = $22.50 at Q = 5,000, $17.50 at Q = 7,000, and $15 at Q = 9,000. a. Draw a figure showing the quantity and price at which the publisher maximizes…Sign Up
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1. Why does the quantity of salt demanded tend to be unresponsive to changes in its price? 2. Why is the quantity of education demanded in private universities much more responsive than salt is to changes in price? 3. To get the market demand curve…Sign Up
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1. A businessman gets 150 000 euros profit by investing 500 000 euros to the company. The best alternative for this investment is the portfolio that has 12% annual rate of return. In this case, calculate the accounting and economic profit and explain…Sign Up
Question 1 The Stop Decay Company sells an electric toothbrush for $25. Its sales have averaged 8,000 units per month over the last year. Recently, its closest competitor Decay Fighter reduced the price of its electric toothbrush from $35 to $30. As…Sign Up
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Question 1 The Stop Decay Company sells an electric toothbrush for $25. Its sales have averaged 8,000 units per month over the last year. Recently, its closest competitor Decay Fighter reduced the price of its electric toothbrush from $35 to $30. As…Sign Up
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Just inquiring about your services, I have a 1500-2000 word essay to complete by Feb 7 2020. The assignment requires me to submit a report on the current (latest available data) state of the Australian economy and compare its performance with the…Sign Up
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Why does the quantity of salt demanded tend to be unresponsive to changes in its price? Why is the quantity of education demanded in private universities much more responsive than salt is to changes in price?Sign Up
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1. Evaluate and prioritise the needs of a person with complex support issues 1.1. Identify and prioritise the needs of the person, taking into account the possibility of co-existing issues 1.2. Identify specific problems, issues and challenges for…Sign Up
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Why is the quantity of education demanded in private universities much more responsive than salt is to changes in price?Sign Up
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Y is a random variable that is distributed N(-17,12.25). Find Prob(Y) Sign Up
Y is a random variable that is distributed N(10,324). Find Prob(Y 34.3).Sign Up
Y is a random variable that is distributed N(0,90.25). Find k such that Prob(Y>k)=0.1977
Y is a random variable that is distributed N(0,262.44). Find Prob(-44.712
Western civilization one specific precondition for a nation to have an Industrial Revolution and explain how it helps a nation have an industrial revolution. Sign Up
Wells Fargo issued $200million of one-year CDs in the U.S. at a rate of 4.25%. It invested part of this money, $50 million, in the purchase of a one-year bond issued by a U.S. firm at an annual rate of 6.25%. The …Sign Up
when a war breaks out in the middle east, the price of gasoline rises, and the price of a used cadillac fallSign Up
W c eluW to motivate other people! 2. If you were a manager, what clues would help yo a manager, what clues would help you identify employees who are dissatisfied As long as you workers were productive, could you assume they were satisfied? word you…Sign Up
Victor enjoys consuming both tacos and calzones. Each taco costs $2, while each calzone costs $5. Victor has $20. Which combinations of tacos and calzones can Victor not afford? 3 tacos and 3 calzones 5 tacos and 2 calzones 8 tacos 4 calzones Sign Up

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