Exercises: • What are the benefits of registering a business? Comparison be limited company and limited partnership ? • Is commercial Registration necessary for a small business or onli business? What are the pros and cons? • Do you think that sale contract is suitable for your business? (if y are an entrepreneur)
Q: Which of the following is a typical example of a variable cost of production in a business firm? A....
A: Variable Cost is that cost which keeps on changing with the change in the level of output.
Q: The slope of a linear demand curve is constant, but the elasticity is not. At points with a low pric...
A: The demand curve shows the association between the amounts of commodity demanded by the consumer at ...
Q: The variable cost to make a certain product is $73 per unit. Research indicates that the lowest pric...
A:
Q: Exhibit 2 Price Supply P2 P1 Q1 Q2 Quantity Use Exhibit 2. Which of the following statements is (are...
A: Producer surplus is the area above the supply curve and below the price line.
Q: Compare and contrast natural resources and natural capital
A: Resources: An asset is an actual material that people need and worth like land, air, and water. Asse...
Q: Classify each of the statements as an example of positive or normative analysis.. The sugar quota in...
A: The sugar quota in the United States costs consumers $6.08 billion a year. Correct Answer: Positive ...
Q: A firm will most likely decide to decrease production, if its OA. MC>0. O B. MR> MC. OC. MR <MC. O D...
A: A profit-maximizing firm operate at the point where its marginal cost is equal to marginal revenue.
Q: What is Molly’s optimal bundle of consumption?
A: The measure that depicts the satisfaction or benefit that is being gained from the consumer from the...
Q: A. why richer countries have higher savings rates. B. the patterns of international trade among coun...
A: The Solow-Swan model or exogenous development model is a monetary model of long-run financial develo...
Q: Which of the following items is a good synonym for “crony capitalism”? a. Prejudice b. Bribery c. Co...
A: Crony Capitalism: The term Crony Capitalism refers to the economy in which the growth and success of...
Q: discuss in detail the nature of production, profit and costs within the public sector
A: The influence of government revenue, expenditure, and investment decisions is studied in public sect...
Q: 4. (a) Profit-maximizing price must equal p = S MC, where e is the price elasticity of demand. What ...
A: 4(a) As per the rule of profit maximization we have marginal revenue (MR)= marginal cost (MC) MR=MCo...
Q: How much do eight ₱ 69,058 quarterly payments amount at present, if the interest rate is 3 compounde...
A: Eight equal payment of 69058 quarterly for 8quarters. This is case of annuity where constant amount ...
Q: O In equili brium, wi th diminishing many inal products, the Slope of the PPF ís equal to: © the vat...
A: The economics as a study is based upon the idea that the resources which are present with the econom...
Q: Use the numbers to calculate Econ Land's Green GDP
A: Green GDP: It is an indicator of economic growth with environmental factors taken into consideration...
Q: As government keep raising tax rate (t) on buyers, government will continually collect higher tax re...
A: The government influences the amount of discretionary income available to households by raising or l...
Q: A business model explains: Select one: O a. How the organization creates value O. b. How the organiz...
A: We show that Entrepreneurs need to develop and àdapt their business model as they seek clarity about...
Q: Assume that a retailer sells 1000 six packs of Pepsi per day at at $3./6pk. You, as an economic ana...
A: Cross price elasticity of demand measures the responsiveness of quantity demanded of good 1 with res...
Q: 12. John has a daughter named Jonna, he invested P5000 at 7% account for her education she was born....
A: Given the interest rate = 7% Invested amount = P5000
Q: What do you understand by retained earning / Ploughing back of profit? State its advantages and disa...
A: Retained Earning : When the company pays all the types of costs and then left with a certain amount ...
Q: What is the marginal rate of substitution at point A? Interpret this value.
A: Formula used: MRSXY = dYdX = MUxMUy
Q: If a pizza maker pays $1 for tomatoes, $1 for cheese, $2 for pepperoni and sells the pizza made with...
A: Gross Domestic Product is the final value of all goods and services produced in the economy during a...
Q: Which of the following would lead to the creation of some consumer surplus? Sam refuses to pay $10 f...
A: Consumer Surplus refers to the difference between willingness to pay of the consumer and the actual ...
Q: Which of the following statements about positive incentives is the most accurate? They create additi...
A:
Q: What is the amount of S? Answers must be in two decimal places including percentages for example: 12...
A: Elasticity of income refers to percentage change in quantity demanded due to percentage change in in...
Q: Problem 9-09 If a firm has sales of $24,058,000 a year, and the average collection period for the i...
A:
Q: What do you understand by the concepts of intra temporal choice models in Managerial Economics? Thi...
A: Managerial economics is a discipline of economics concerned with the use of economic methods in the ...
Q: When a rational individual elects to save a portion of his/her disposable income then what does that...
A: Disposable income is the amount of money available to an individual or household to spend or save af...
Q: The following graph shows the short-run average total cost curves for different plant sizes and the ...
A: In the long run firm chooses to operate at a level where long run average cost is minimized.
Q: Can food security include the importation of food? a. Yes, if the population is willing to pay high...
A: Food security, as defined by the United Nations’ Committee on World Food Security, means that all pe...
Q: A new engine was installed by a textile plant at a cost of P300,000 and projected to have a useful l...
A: Given: Initial Cost=P 300000 Life=15 years End of life cost=P 1000 Annual cost of pavement=5%
Q: draw a general demand curve and label it D. Then shift the curve to the left or the right depending ...
A: The demand curve shows the association between the amounts of commodity demanded by the consumer at ...
Q: Really need some help answering these questions, it’s all one problem but I understand that it’s kin...
A: Solution: Consumer 1: U(x1, x2) = x1 x2
Q: Suppose country A has a GDP of 4000 with a population size of 200; country B has GDP of 9000 with a ...
A: Here we calculate the which country is more likely have better living standard by calculating the GD...
Q: What is one consumer food or service for which in the last 10 to 15 years consumers preference has a...
A: Market demand for a commodity can change as a result of a change in consumers income, their tastes a...
Q: Give some examples of quantitative figures (can be counted/measured but without monetary value) and ...
A: Quantitive figures can be considered here as the values which can be expressed in number. Temperatur...
Q: Calculate the average cost (LCOE) of power generated by a nuclear plant which costs $8000/kw and has...
A:
Q: Please provide a complete and comprehensive solutions and answers. Solve for the Geometric Gradient:...
A: Given:- G= 2,000.00 pesos i= 11.50% n=15 years
Q: QUESTION 5 wage (S/worker) Labor Supply 150 125 100 75 Labor Demand 50 25 50 75 100 125 150 labor (t...
A: Dear student, you have asked multiple sub-part questions in a single post. In such a case, I will be...
Q: Table 24-1 The following table pertains to Cheeseland, an economy in which the typical consumer's b...
A: The economics a s a study is based upon the basic idea of scarcity, or the limit to the amount of re...
Q: Discuss, how climate change affected our global economy?
A: The major consequence of the climate change is the Global Warming.
Q: The following data is provided for a PPP project. To the People To the Government $1.8 million now a...
A: Given; Benefits= $95000 per year Cost= $1.8 million now and $200000 every 3 year Disbenefit= $35000 ...
Q: In the rural area of a large agricultural-based economy in which corn is the staple food, there are ...
A:
Q: draw a general demand curve and label it D. Then shift the curve to the left or the right depending ...
A: The demand curve shows the association between the amounts of commodity demanded by the consumer at ...
Q: he city engineer estimated that a total of Php 500,000 will be deposited at the end of next year int...
A: Given First-year end deposit amount =Php 500,000 Deposited amount to the end of two years =500,000+...
Q: bought a property and he paid php 100000 cas and agreed to pay php 20000 at the end of each 6 months...
A: *Answer:
Q: Production Analysis Discuss the similarities and differences between indifference and isocost analys...
A: Isoquants: In cost and production theory, isoquants play a critical role in determining the optimal...
Q: One of the following phenomena has been inaccurately described. Which one is it? a. Offshore outsou...
A: There are various economic revolutions and improvement that took place over a period of time that ha...
Q: QUESTION 2 An increase in the nominal GDP by 6% can correspond to a decrease in real GDP by 3% and a...
A: The total market price of all product and services generated during a country's economy over a parti...
Q: The Mini-Case "An Upward=Sloping Long-Run Supply Curve for Cotton" shows a supply curve for cotton. ...
A: Supply in economics refers to the amount of a resource that firms, producers, labourers, financial a...
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- What are the possible revenue structure of a Bio-Brick (product) Company? Here are the example Revenue Structure of a ecommerce Revenue Structure · Low margin revenue streams from retail ecommerce sales and fulfillment · Advertising · Marketplace commission · Transaction fees(2) problem think of researches,ecommerce problem measure quantatitive and qualitative analyais.(2) problem think of researches,ecommerce problem measure quantatitive and qualitative analyais.details with content by own, not copy from anywhere
- What does a non-profit company need for a social media manage that is different that for a regular for-profit company? (Select all that apply.) Group of answer choices 1.A large social media budget 2.None of these 3.A smaller social media presence 4.A social media generalistMultiple Choice Questions Read each question carefully. Choose the letter with the answer that responds the best to each o 1. Which of the following is a disadvantage of a partnership? A. limited liability B. shared decision making and talents O C. potential for disagreements O D easy start up 2.ABC Pedliatrics.is a orivately owned practice by a groun of doctors WhatQuestion: Widget is a commodity that is traded in a perfectly competitive global market that consists of many small price-taking firms. The firms fall in three categories with the following characteristics: Number of firms Capacity of firm's plant (units AVC (S per Fixed cost per unit at full per year) Capital charge per unit at full capacity ($/unit) unit) capacity ($/unit) Type 25 100 units 30 15 10 1 Туре 50 50 units 40 20 10 Type 100 40 units 45 25 10 3 Assume that each firm's AVC is constant up to the capacity of its plant. Further, assume that once built, a firm's plant has zero redeployment value. Finally, assume that a typical entrant has a cost structure identical to the Type 1 firms and that there are many potential entrants. • The demand for widgets is Q = 8000 - 20P, where P is $ per unit and Q is measured in units per year. (Remember: use only whole numbers, and do not use any other characters or spaces.) a. The short-run equilibrium price in the world widgets market is:…
- 1. How would you define “engineering economy”? 2. Explain why differences between alternatives are of major interest in engineering economystudies. 3. What is the difference between a monopoly and an oligopoly? Give at least one example ofeach. SUBJECT: ENGINEERING ECONOMYQ3 solution needed company: Amazon 1) Choose one product and identify its market structure among a perfectly competitive, monopoly, monopolistically competitive, and oligopoly and explain why. Product: Perfectly competitive: Monopoly: Monopolistically competitive: Oligopoly: 2) Choose one company for your product and describe its history and at least three unique characteristics of that company. The company for my product that I have chosen is ________. _____’s notable historical moments include ________. Three unique characteristics of _______ include _______. 3) Show and describe historical data on its quantities produced (sales), its price, and its revenue at least 10 years.212592/variants/1301916/take/7/ Question 15 Listen Which of the following describes a unique value proposition of an ice cream business? A Scoopy's will offer the only fluffy waffle cone in Dallas. B C D Scoopy's will be located in the downtown area of Dallas. Scoopy's will offer five different flavors of ice cream. Scoopy's will offer a 50 percent discount when buying two cones. 13 of 18 Total Questions Answered * £ ✰ ✰ All Changes Saved V ( □ *** ANN Continue 10/
- ЕОС 13.5B Morgan took $400 000 out of their savings account to start an ice cream stand. The savings account paid 5% interest. In the first year, Morgan sold 12,000 batches of ice cream at a price of $3 each, and incurred costs of $12,000 which involved outlays of money. What was Morgan's economic profit in the first year?Text Problem 24-1bc Question Help v Given the information in the table at right, calculate the dry cleaner's marginal revenue (MR) and marginal cost (MC) at each output level. (Your answer should be rounded to the nearest cent.) Price Total Output (Suits Cleaned) Suit ($) (S) Total Costs Revenue (S) per MC ($) MR ($) 8.00 3.00 0.00 1 7.50 6.00 7.50 2 7.00 8.50 14.00 3 6.50 10.50 19.50 4 6.00 11.50 24.00 5 5.50 13.50 27.50 6 5.00 16.00 30.00 4.50 19.00 31.50 8 4.00 24.00 32.00 OOD D IOODExtra exercises (3) [Compatibility Mode] - Word (Product Activation Failed) Mailings Review View O Tell me what you want to do.. References |A A Aa- 三-三, 21 T AaBbCcDc AaBbCcI AaBbCcDc AaBbC AaBbCc) Aal * A- y - A- 三 。 1 Normal Body Text 1 No Spac.. Heading 1 Heading 2 Title Paragraph Styles Question 1. The graph shows the monopolistic firm. Use the graph to answer the following questions. a. What is the profit-maximizing output and price level of monopolist? cost structure of a MC ATC 10 AVC 8. b. Calculate the economic profit. Show it on the graph. c. Calculate the deadweight loss from monopoly. Explain in words what this means. MR d. Find the price and quantity that would maximize social welfare. 4 567 10 12 Quan hly unib per day Question 2. ATC MC 8!unaad uoop) a s00 puo acu (yop) a ao pvo au