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Determine how the U.S. government determines the amount of money in the economy and make at least one recommendation for improving the accuracy of its dimensions.
Determine a long-term debt you currently own and explain how you would take present value into account when deciding whether you should retire that debt ahead of schedule. Discuss your ration
President Bush is quoted as saying in explaining the 2003 bill to cut taxes, "When people have more money, they can spend it on goods and services." (4x3=12pt)
Discuss how can organizations meet the special needs of different groups (e. g, work and family issues) without appearing to illustrate the favoritism to those particular sets of employees?
2007 was a bad year for growing wheat in the United States, and as wheat supply decreased, the price of wheat rose dramatically, leading to a lower quantity demanded (a movement along the demand cur
What would be the impact of government policy that tightens requirements for quality control by farmers (compliance with the policy requires using additional equipment for the quality control) assum
Discuss how is law of diminishing returns reflected in the shape of the total product curve? Calculate the relationship among diminishing returns and the stages of production?
Calculate the p-value and interpret it at the 0.1 significance, can we conclude that the mean number of patients per day is more than 25?
Assume now that firm 1 has a cost advantage. Its unit cost is constant and equal to c=25 whereas firm 2 has the higher unit cost of c=40. Determine the Cornet outcome now? Determines the firm's prof
Water is formed and sold by the government. Demand for water is represented by the linear function Q=50-2P. The total cost function for water production is also a linear function: TC (Q) = 100 + 10Q
Discuss by using a fully labeled demand and supply graph (label all the axes and any lines you put in your graph) what such an artificial price looks like.
Determine the LAW OF DIMINISHING RETURNS, and why is this law considered a short-run phenomenon? Find out the primary characteristics of perfect competition and monopolistic competition. Give examples
An industry comprised of 40 firms, none of which has more than 3% of the total market for a differentiated product is an example of
Explain what you have done differently before, during, and after global financial meltdown (2008) if you were in a position of power like Hank Paulson?
Because of diminishing marginal product in the short run, a tripling of the total product (assuming input prices are constant) requires:
Last spring, Coil Spring Co. reported that average fixed costs had increased, but average variable costs were unchanged. This indicates that
A community has a nighttime energy demand of the 50 megawatts but peak daytime demand of 75 megawatts. It has the chance to construct a 90-megawatt coal-fired plant that could easily supply all of i
Based on the assigned scenario for Katrina's Candies, suppose that now there is a significant degree of interdependence among rival firms in the candy forming the market.
Discuss what exactly is "marginal"? In Economics, there are marginal damage, marginal cost and so on. However, none of the definitions of the "marginal" part makes sense to me.
Assume your friend asserts that the Financial crisis of 2007-2009 was caused by the Community Reinvestment Act, a law that encouraged banks to lend in moderate and low income areas and allows the ba
Firms that make game systems like Nintendo and Play station typically charge a price close to average cost on the game system itself, and do not change that price even when the systems are scarce o
Assume the Switzerland is on the gold standard and it maintains a strict ratio of gold in its vaults to money (Swiss francs) in circulation. Assume that it runs a balance of payments deficit. W
Joan likes chocolate ice cream and cake, but after the10 slices of cake, she gets tired of cake, and eating more cake makes her less happy. Joan always prefers more ice cream to less. Joan's parents
Discuss how moral hazard and adverse selection made the S&L crises worse. Explain this with respect to both the S&L depositors and the S&L operators?
Discuss how does the demand curve faced by a purely monopolistic seller differ from that confronting a purely competitive firm and why does it differ? Of what significance is the difference? Explai