Economics question and answers for July 15, 2023
- Q A paper mill dumps waste into a lake used by a tilapia farmer.The paper mill’s marginal private cost function of producing atonne of paper is represented by: MPC = 5...
- Q True or False1.The Cross-Price elasticity of demand for good X is -2, if itsdemand changes from 100 units to 300 units, because of an increasein Price of Good Y from...
- Q 1. Why is the principle agent-problem important ineconomics?2. what two critical assumptions underlie the principleagent-problem?3. Provide two critiques or counters of the assumptions outlinedabove.
- Q In 75-150 wordsWhat characteristics of early Chinese culture, belief and socialorganization were most notably developed in the Shang period?
- Q 3.The two most important state taxes are income and general salestaxes, although states also make substantial use of excise taxes,direct business taxes (usually a corporate income tax), and others.List and...
- Q 2. Critical analysis Q3Which of the following is likely to be the largest source ofearnings differences between an upper-story window washer and aground-floor window washer?A difference in years of experienceCompensating...
- Q write two pages essay on how family influencessociety
- Q What would be a good outline for writing a research paper on thesimilartities and difference between the monetary and bankingsystems of France and those of the United States? The history...
- Q How do you explain economics of large-scale production? Who docertain businesses, such as cigarette manufacture, seem to enjoythem, whereas other businesses, such as barbering do not?
- Q Explain how the CSR ( Corporate Social Responsability) isimplemented in Macau Gaming Industry.Use the search engines, If needed.Number of words: between 1000 to 1500
- Q 1) Draw a generic Aggregate Supply and Aggregate Demand curve ona set of axes. Label vertical and horizontal axis appropriately andindicate where the macroeconomic equilibrium is.2) Then, find a current...
- Q 2. A firm has a demand and cost function given by: D: P=100-Q,C: P=10+2q1+4q2a) Demonstrate whether this firm has economies to scale.b) Demonstrate whether this firm has economies of scope.c)...
- Q Gold is up; stocks are down and cleaning product companies aredoing well. Can anyone tell me why is this virus affecting thestock market in the USA?Unemployment soars and Corona virus...
- Q Explain how firms can increase revenue and profit by expandingglobally.Identify the different international strategies for competingand their pros and cons.Explain the pros and cons of using strategic alliances tosupport international...
- Q State if the following government activity is/is not associatedwith adjustment to an externality or provision of a public good.Explain your answer in detail. a) Government of Saskatchewanprovides weather forecasts free...
- Q Critically analyze the pros and cons of putting a price ceilingon prescription medicine. Make sure to use concepts from thechapter in this unit such as government intervention,inefficiencies, price elasticity, etc....
- Q pick a formula that you found especiallychallenging. Provide a complete explanation and a worked outexample for the rest of the class.Micro expenses are the small expenses we have on arecurring basis....
- Q 1. Explain four reasons why an organization may chooseto develop cafeteria benefits plan for its employees. 2. Describetwo issues that employers have to consider while providing domesticpartner benefits? 3. Describe...
- Q The following table shows how the private marginal benefitenjoyed by John, Mary, Loren, and all other consumers of outdoorrock concerts varies with the number made available by a citygovernment per...
- Q “The path of economic development is crucial to provide a betterstandard of living for the people in developing countries. Everynation strives for development. Economic and social progresses areessential components to...
- Q Suppose an inflationary economy can be described by thefollowing equations representing the goods and money markets:C = 20 + 0.7YdM = 0.4YdI = 70 – 0.1rT = 0.1YG = 100X...
- Q 1) Corporations are required to pay dividends.a) Trueb) False2) A bond is an asset of the holder.a) Trueb) False3) A bond represents part ownership in a company.a) Trueb) False4) The...
- Q Ethics deals with morality and I would contend thatcapitalism is an amoral economicmodel!  (Amoral means without morals,neither good nor bad.)What do you think about this statement? Please brieflycomment.What about other economic...
- Q Some people think price ceiling is not a good policy as itdiscriminates against people whohave a high opportunity cost of time and do not like to wait inlines. What do...
- Q When the price of a good falls, we know exactly what willhappen to consumer spending on that good. True or False?Explain.Is the demand for hospital services inelastic or elastic?Explain.Briefly explain...
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