19. Odette has a base monthly salary of S1,500 and earns a 5% commission on all sales she makes at the upscale electronics store at which she works. If her total income last month was $7,500, what was her total in sales?
Q: ART A Which of the following statements is true? A. In a finitely repeated prisoner’s dilemma,…
A: Answer - "Thank you for submitting the questions.But, we are authorized to solve one question at a…
Q: A businessman is considering building a 25 unit apartment. The occupancy rate is expected to be 90%…
A: Depreciation is a measure of how much value an asset loses due to external factors affecting its…
Q: D3) The dominance of the US economy and incredible market returns from 1946-present can, in…
A: The United States, the United Kingdom, and China released the Potsdam Declaration on July 26, 1945,…
Q: You were promoted as the manager of a new Clean-Well Sanitary Store that sells cleaning and…
A:
Q: 12. If the Real GDP for year 1 was $ 57,900 and for year 2 it was $ 60,000, determine the percentage…
A: Economic growth can be defined as the increase or improvement in the inflation-adjusted market value…
Q: 22. Assume the US is operating in a closed economy and GDP is $20 trillion, consumption is $8…
A: a) "A balanced budget in this economy imply that government spending equates the tax revenue which…
Q: Please solve number 4
A: The economics as a study is based upon the idea that the resources which are present with the…
Q: Elaborate the contemporary changing work culture in light of ever changing/advancing technologies…
A: Traditional job features (in the sense of traditional employer-employee relationship) such as…
Q: Use the table to answer the question that follows. Quantity of Labor MP of Labor Quantity of…
A: "Firms hire input to minimize the cost of production upto a point where the ratio of marginal…
Q: the fourth and final year of a project, Glenny expects operating cash flow after taxes of P440,000.…
A: * SOLUTION :- Given that , The operating cash flow after taxes is = P440,000 investment in…
Q: Construction data fudging kills reliability of official statistics Revelations about irregularities…
A: The answer is - c) Unrecorded activity
Q: Robots become a strong substitute factor for human workers in producing Good A. At the same time,…
A: The market equilibrium quantity of labor and wage rate is determined by the demand and supply of…
Q: National Income Statistics for ABC in 2022 ITEMS MILLION Agriculture 10000 Mining and quarrying 1500…
A: The measure that depicts the total value of goods and services being produced in an economy during a…
Q: 1. True or False j. A service for which the demand curve lies everywhere below the average cost…
A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…
Q: A. The value of the coupon payment. B. The rumber of parments receivedl by kolders of this security…
A: Present value (PV) is the current price of a future amount of cash or flow of coins flows given a…
Q: The HR department at Clearwater Electronics administers different tests to candidates for managerial…
A: The correct answer is given in the second step.
Q: 4B. Which one(s) of the following functions v(x, y) = 2r°y – 100, w(x, y) = 3(x + y) + 120, t(x, y)…
A: Ordinal utility function has a same preference if Slope of both utility function same that means…
Q: The market for a brand of yellow maize is in equilibrium. Explain, with the aid of a separate…
A: At equilibrium point demand and supply curve are equal at certain price level and output .
Q: H) The lona College intern suggests that the company should increase the number of sweatshirts it…
A:
Q: What is the income effect when studying the supply of labor? A. a decrease in number of hours…
A: There are two effects i.e. substitution effect and income effect.
Q: Muriel and Edgar each have 30 labor hours available per week to knit hats and scarves. In 30 hours,…
A: Since you have asked multiple subparts we would be answering the first three for you. To get the…
Q: Expenditures for office supplies, electricity, and internet connection are part of Fixed Costs
A: Cost refers to the total expenses that incur in a process of production of goods and services.
Q: hink about getting into the business of selling computer parts and accessories. Which of the…
A: Sales: It refers to the transaction that takes place between two people. The buyer purchase the…
Q: Suppose the following table shows your demand schedule for CDs. Price Quantity Demanded $15 1 12 3.…
A: a) Total utility can be measured by adding the price the consumer is paying to get the products.…
Q: Use this table to answer the questions on the Marginal Rate of Commodity Substitution. The table is…
A: MRS is defined as marginal rate of substitution. Which means, how many unit of good x has to forgone…
Q: a W 3,5 3,4 8,4 0,0 3,3 8,9 y 0,1 5,9 9,8 Describe a strategy for player 1 that dominates x.
A:
Q: Exercise 1 a) Use the equation for the circular flow of the real economy to give an overview of the…
A: Since you have posted a question with multiple sub–parts, we will solve the first three sub-parts…
Q: MC Qu. 14-17 Homogeneous oligopoly exists where a small. Homogeneous oligopoly esists where a small…
A: In oligopoly marker, there is many number of buyers but only few number of sellers.There is product…
Q: 6. After a tax increase, households often reduce spending and save more. This can result in: a. An…
A: In an economy, any change in tax rate will have a significant impact on the economic growth and…
Q: “Banks will always prefer a low to high capital-to-asset ratio.” Do you agree or disagree with this…
A: The capital adequacy ratios guarantee the proficiency and soundness of a country's monetary…
Q: Assume the following model of the economy C = 60 + 0.75(Y – T) I = 45 – 5r G = 40 andT = 40 -
A: IS curve depicts the combination of interest rate and equilibrium income that clears the goods…
Q: The figure below represents the effects in the labor markets due to migration. Here, the world has…
A: Introduction In the diagram, North employers have high income and south employers have low income.…
Q: 16.Suppose the market for a good is composed of 1,000 identical consumers. The market's demand curve…
A: The demand function illustrates the relationship between the amount of a product that is desired by…
Q: 2.79 Find the present worth of cash flows of $1000 that start now (time 0) and continue through year…
A: Answer is given below
Q: Variable Total Average Fixed Cost Average Variable Cost Average Total Cost Total Product Fixed Cost…
A: As per the question, land is fixed input and labor is the variable input in production of good A.…
Q: Malaysia is an upper middle income country that has grown through foreign direct investment in…
A: Foreign direct investment refers to these situation when a country collects funds for investment…
Q: true or false: 21) The indivisible reserve of savings and credit cooperatives is NOT covered by…
A: A contract between an insurance company and a policyholder under which the latter receives financial…
Q: I think that there is something wrong with step 4. In the long run, monopolistically competitive…
A: In long run, a monopolistic competitive firm operates at MR = MC and P = ATC Q = (300/N) - P => P…
Q: 2.79 Find the present worth of cash flows of $1000 that start now (time 0) and continue through year…
A:
Q: Explain the three types of returns to scale with Cobb-Douglas production function.
A:
Q: Economics Supposes Monopharm wants to maximize profit, what quantity does it sell, what price does…
A:
Q: E) What does the intersection of these two graphs mean in the context of the problem? F) Find the…
A:
Q: opular 777, they announced plans to redevelop their production process. Boeing hoped to extend the…
A: Opportunity cost is the cost of the next best alternative foregone. This concept arises due to…
Q: The deadweight loss that arises from a monopoly is a consequence of the fact that the monopoly A.…
A: In a monopoly market structure, there is only a single seller and the product which is being sold is…
Q: Carl and Simon are two pumpkin growers who are the only sellers of pumpkins at the market. The…
A: Given:- Q=8400-800P MC=0.50 Here; Q=quantity of pumpkin P=Price of pumpkin Please find the image…
Q: In Pioneer Ville, The price elasticity of demand for bus rides is -0.5 the income elasticity of bus…
A: “Since this is a multiple part question, we will solve first three sub-parts. If you want remaining…
Q: "Rent is price-determining in the context of Smith’s value theory but it is price-determined…
A: Laborers, landlords, and capitalists all have distinct reasons for transferring the use of their…
Q: proposals to change monetary policy must go through both the House and Senate before being sent a)…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If…
Q: 10. Which of the following statements are true about a social enterprise? Group of answer choices…
A: A social enterprise, often known as a social business, is a company that has specified social goals…
Q: Which of the following transactions should or should not be counted in GDP? Answer Yes or No and…
A: Consumer spending, investment spending, government spending, and net exports are all components of a…
Step by step
Solved in 3 steps
- How would I calculate the percentage change in price for these? (Not graded just a practice worksheet for a quiz tomorrow)The following graph illustrates the weekly demand curve for motorized scooters in Roanoke. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. PRICE (Dollars per scooter) 260 240 220 200 180 160 140 120 100 80 60 40 20 0 0 9 18 27 A X B Demand 36 45 54 63 72 81 QUANTITY (Scooters) 90 99 108 117 Total Revenue ?5) A storage company owns 150 storage spaces that can be rented at $40 per month each. For each $7 month increase in rent there is one vacancy created that cannot be filled. What should the monthly rent be to maximize the total revenue?
- Im stuck on this one2. Hakim works 40 hours per week and currently earns $10.25 per hour at his job. His supervisor tells him that next month, he will receive a 7% pay increase. a) Calculate Hakim's new hourly pay. b) How much will Hakim earn per month after the increase? Assume a 4-pay month.It is estimated that during the Eid week the sales increase by three folds in Lahore. As an HR manager of Carrefour plan how you will cater to capture the increased demand. Identify goals, strategy and plans.
- See below please.Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. PRICE (Dollars per scooter) 325 300 275 250 225 200 175 150 125 100 75 50 25 0 09 18 27 A + 36 45 54 63 72 81 QUANTITY (Scooters) B Demand 90 90 99 108 117 Total Revenue ?On the following graph, use the green point (triangle symbol) to plot the weekly total revenue when the market price is $30, $45, $60, $75, $90, $105, and $120 per scooter. TOTAL REVENUE (Dollars) 1460 1320 1180 1040 900 760 620 480 340 200 0 15 30 45 60 75 90 105 120 135 150 165 180 195 PRICE (Dollars per scooter) Total Revenue ?