Economics Homework Answers & Questions

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  • Answered Trident ECON 211 - A consumer...
    Question Question 1 (5 points) A consumer was at an optimum. She then discovers that the marginal utility per dollar spent on food is more than the marginal utility per dollar spent on gasoline. She knows then that Question 1 options: A) the price of gasoline must have decreased or the price o...
  • Waiting for answer ASCD respects intellectual pro...
    ASCD respects intellectual property
  • Waiting for answer Loan System
    A note on Loan System
  • Answered Macroeconomics
    No Free lunch There is No Such Thing as a Free Lunch Begin this case by listing products that you may think you might be able to get for free. (for example, coupons for free food or drinks at fast food restaurants or buy-one get one- free gimmicks). After making the list, please write an anal...
  • Answered No Free lunch – “There is No S...
    No Free lunch There is No Such Thing as a Free Lunch Begin this case by listing products that you may think you might be able to get for free. (for example, coupons for free food or drinks at fast food restaurants or buy-one get one- free gimmicks). After making the list, please write an anal...
  • Answered Macroeconomics
    No Free lunch There is No Such Thing as a Free Lunch Begin this case by listing products that you may think you might be able to get for free. (for example, coupons for free food or drinks at fast food restaurants or buy-one get one- free gimmicks). After making the list, please write an anal...
  • Waiting for answer economics
    The web-based assignment for this module will evaluate federal government spending and taxation. A quick way to keep up with the federal government's spending and taxation is by examining federal budget data at the White House Internet address. Visit the Office of Management and Budget. Scroll d...
  • Answered Summarize of two theories, the...
    Could you please write a short summarize of two theories with less than 50 words? Note: I will provide graphic design service for anyone who complete my homework. He will get: Logo design, Business card, Letter head. Thanks!
  • Answered ECO 550 NEW Midterm Part 1 & 2...
    PART 1 1. Economic profit is defined as the difference between revenue and ____. explicit cost total economic cost implicit cost shareholder wealth 2. In the shareholder wealth maximization model, the value of a firm s stock is equal to the present value of all expected future ____ discounted...
  • Answered ECO 550 NEW MIDTERM PART 2 (2...
    1. When there is an Equilibrium (or a Nash Equilibrium), we expect that: once the firm s get there, no one will change their strategy. firms will tend to select a randomized strategy. neither firm will care what it does. this is always a dominated strategy. 2. In adopting mixed Nash equilibrium...
  • Answered ECO 550 NEW Midterm Part 1 201...
    1. Economic profit is defined as the difference between revenue and ____. explicit cost total economic cost implicit cost shareholder wealth 2. In the shareholder wealth maximization model, the value of a firm s stock is equal to the present value of all expected future ____ discounted at the s...
  • Answered Saint leo Eco202 chapter 5
    Question Chapter 5 Market failure occurs when A. the unrestrained market economy leads to too few or too many resources going to a specific economic activity. B. the market system fails to allocate resources to each individual according to their abilities. C. the market system fails to allocate...
  • Answered ECO 372 FINAL EXAMINATION
    1. the market where business sell goods and services to households and the government is called a. goods market b. factor market c. capital market d. money market 2. Real gross domestic product is best defined as a. the market value of intermediate goods and services produced in an economy i...
  • Answered ECO 212 ECO\212 FINAL EXAM VER...
    1) Which of the following issues is an application of using macroeconomics to make a real world decision? A. Whether a company should increase its worker benefits B. Whether this year s enrollment will increase for University of Phoenix. C. Whether the growth rate of the Chinese economy will e...
  • Answered What is a discouraged worker?...
    What is a discouraged worker?
  • Answered The sources of Macroeconomic d...
    Question one 1. Suppose the production function is Cobb Douglas with parameter =.3. What fractions of income do capital and labour receive? Suppose that immigration raises the labour force by 10 percent. What happens to total output (in percent)? The rental price of capital? The real wag...
  • Answered Adam Smith points out the poss...
    Adam Smith points out the possibility of producers contriving to raise prices. Are there other problems with the free-market system that he did not point out?
  • Answered MC Qu. 8 When the price of a p...
    MC Qu. 8 When the price of a product increases, a con... When the price of a product increases, a consumer is able to buy less of it with a given money income. This describes the:
  • Answered Devry ECO312 midterm exam
    Question 1.1. (TCO 1) What is the economic meaning of the expression that There is no such thing as a free lunch? (Points : 3) It refers to free-riders, who do not pay for the cost of a product but who receive the benefit from it. It means that economic freedom is limited by the amount of inco...
  • Answered ECO 550 Final Exam / ECO 550 F...
    Question 1 1. In the linear breakeven model, the difference between selling price per unit and variable cost per unit is referred to as: Answer a. variable margin per unit b. variable cost ratio c. contribution margin per unit d. target margin per unit Question 2 Evidence from empirical stud...
  • Answered ECO 550 Midterm Part 2 / ECO 5...
    Question 1 Time-series forecasting models: Answer are useful whenever changes occur rapidly and wildly are more effective in making long-run forecasts than short-run forecasts are based solely on historical observations of the values of the variable being forecasted attempt to explain the und...
  • Answered ECO 550 MIDTERM / ECO 550 MIDT...
    Question 1 A Real Option Value is: Answer An option that been deflated by the cost of living index makes it a real option. An opportunity cost of capital. An opportunity to implement cost savings or revenue expansion in a flexible business plan. An objective function and a decision rule tha...
  • Answered ECO 561 Final Exam /ECO 561 Fi...
    1) If a firm in a purely competitive industry is confronted with an equilibrium price of $5, its marginal revenue: A. will be greater than $5 B. will also be $5 C. will be less than $5 D. may be either greater or less than $5 2) A firm that is motivated by self interest should: A. always use l...
  • Answered ECO 561 Week 4 Quiz / ECO 561...
    1. Business cycles occur when output A. falls below its potential B. rises above its potential C. is fixed at its potential D. fluctuates around its growth trend 2. Which of these statements best describes a complete individual business cycle? A. Movement from peak to trough to peak B. Moveme...
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