ager and found that a worker produced 225 units while working 50 hours. In the previous week, the same worker produced 160 units while working 40 hours.
Q: An individual has 40,000 in income per year. The person will get sick with probability 0.1. If he…
A: Given information; An individual has an income of 40,000 per year The person will get sick with a…
Q: An reflects the amount of one currency required to purchase one unit of another currency. To put it…
A: exchange rate, the price of a country's money in relation to another country's money. An exchange…
Q: When the public stores less of their wealth in banks, the currency ratio will and the money…
A: Currency ratio is part of currency held by the public in cash relative to the bank deposits.…
Q: Find Indirect utility function of the following function U= max (X, Y) subject to the budget…
A: Maximize U = Max(X,Y) Subject to Px*X + Py*Y ≤M This is the problem with cornor solution, here at…
Q: If 45 units are sold at a price of $15 and 75 units are sold at a price of $10, what is the absolute…
A: given initial units of commodity=45 new units of commodit=75 initial price =$15 new price=$10 to…
Q: he year-end operating and maintenance costs of a certain machine are estimated to be 5 500 the first…
A: Given First year-end operating and maintenance cost A1 =P5500 Annual increment in the operating and…
Q: The aggregate demand and aggregate supply model is a useful simplification of the macroeconomy used…
A: [a] In a 2-D graph, x-axis or the horizontal one explains the dependent variable whereas y-axis or…
Q: Siemens AG invests €80,000,000 to build a manufacturing plant to build wind turbines. The company…
A: The time it will take for a business to recover an investment is known as the payback period. The…
Q: 6. Gains from Trade Indicate whether each of the following statements is true or false. Statement 1.…
A: When talking about international market, the primary motive of people to enter this market is to…
Q: Consumption Investment 300 250 200 150 100 50 45⁰ 50 100 150 200 250 300, CAE Real GDP The graph…
A: Given information: We have given a simple economy without a government sector or a foreign sector In…
Q: Ellena's pension was $10 per period in 2033. What amount of money in the base year would give her…
A: Interpretation of Price Indices: Rs 100 in 2033 hold the same purchasing power as Rs. 90 in 2031.…
Q: A columnist writing in the Wall Street Journal observed: "Franklin D. Roosevelt's March 1933…
A: Deflation in economics refers to a drop in the overall level of prices for goods and services. When…
Q: 3. True or false? - Argue graphically and provide intuitions in the two-period consumption-saving…
A: Given information 2-period consumption model 2 periods: Current period and future period Government…
Q: 12.5% and each month you make only the minimum payment of 5% of your balance, what your balance…
A: Given, P = $7500 Interest rate = 12.5% Minimun Payment Interest = 5% = 0.05 Time = 24 months
Q: Using economic analysis, evaluate the statement that some gain, or "win" from free trade while…
A: Free Trade Free Trade refers to the trade between 2 or more nations without any restrictions and…
Q: OE D OB в. 2 E agriculture Co Here's a production possibility frontier graph. In this example....…
A: The Production Possibilities Frontier (PPF) graph shows all the output combinations of two products…
Q: A firm has $1.5 million in sales, a Lerner index of 0.57, and a marginal cost of $10, and competes…
A: Given information: Given the sales of the firm = $1.5 million Lerner index = 0.57 Marginal cost =…
Q: Develop the nonlinear profit function for the tire company and determine the optimal price, the…
A: We first find the Total Profit function = Total Revenue - Total Cost Total Revenue = Volume x Price…
Q: Define the trade balance for an open economy and explain the relationship between the trade balance…
A: A country is said to have an open economy when its trades with the rest of the world. Export is…
Q: A country is in the midst of a recession with real GDP estimated to be $13.5 billion below potential…
A: It is given real GDP is estimated to be $13.5 billion potential GDP. MPC is 0.90
Q: Predict the demand for December using 4-period moving average.
A: To compute 4 month average for December Use the four months before it. Average Aug, Sep, Oct and Nov…
Q: The table below shows the total cost for producing various quantities of shampoos. Use the given…
A: Total cost is the sum of fixed cost and variable cost. Fixed cost remains the same at each level of…
Q: If you had BD 4,500 now and invested at 13% interest compounded annually, how much would it be worth…
A: Investment Amount = 4500 r = 13% n = 8
Q: What is neoclassical growth model of economic growth?
A: Economic Growth When economic growth is defined as a rise in people's real income it indicates that…
Q: For which of the following industries is the supply-and-demand model likely to be most accurate? The…
A: In general, industries, where there exists neither excess supply nor excess demand, are considered…
Q: A2) Economics When there's a large and ongoing budget deficit, under which scenario is inflation…
A: Generally , a budget deficit is the difference between all receipts and expenses in both revenue and…
Q: 5 Given a) Find the equation for IS and LM b) Find equilibrium output, the rate of interest, and…
A: Note:- Since we can only answer upto three subparts, we'll answer first three. Please repost the…
Q: what are the proposed solutions to reduce unemployment
A: When job-seeking employees are unable to obtain employment, unemployment results. While…
Q: 54
A: An economic model is one which tries to establish a relationship between variables (independent) and…
Q: .If MR > MC, the monopolist should: MR = Marginal Revenue MC = Marginal Cost Group of answer choices…
A: Marginal revenue is the extra revenue generated on the sale of one more commodity or good. On the…
Q: A key difference between monopoly and perfect competition is options: the demand curve faced…
A: The structure of a market where there are a large number of buyers and sellers in the market selling…
Q: The CPI for the year 2005 was 110 and the Nominal GDP for that year was $ 67,500 million. Determine…
A: Nominal GDP is classified as the overall measurement concerning of the economic output which is not…
Q: An average variable cost function is estimated as AVC = 96-2Q + 0.05Q2. Which of the following cost…
A: When talking about cost functions of a firm, it can be said that these coste function are…
Q: Determine the size of the market surplus or shortage that would es a price of $40. There will be a…
A: - Diagram
Q: 1. Suppose that the money market can be depicted in the graph below Interest rate (M/P)2 (M/P)⁰…
A: The federal reserve Conducts the country's financial strategy by affecting cash and credit…
Q: industry 14 D B 4567 9 10 11 agriculture Here's a production possibility frontier graph. In this…
A: The production possibility curve depicts the combination of two goods that a nation can produce by…
Q: Refer to the tables in Questions 2 and 3 to identify which of the below is correct. Select all…
A: Introduction Break even point is where total revenue will be equal to total expenses. Here total…
Q: In the upward-sloping segment of the aggregate supply curve, a. producers can hire more workers…
A: The aggregate supply is total supply by all producers. The supply slopes upward signifying positive…
Q: lidst 58 refer to the figure above. the measure on the vertical axis can be best described as a) a…
A: The market for loanable funds has a demand curve for loanable funds and a supply curve for loanable…
Q: Discuss the relationship that exists amongst the three short-run total cost curves. Motivate your…
A: Dear student, you have asked multiple questions in a single post. In such a case, I will be…
Q: Barriers to entry may lead to: A. monopoly only B. perfect competition only C. oligopoly only D.…
A: Market refers to the exchange of goods and services that takes place as a result of buyers and…
Q: Table 15-1 Quantity Price $35 Q = 4 Q = 5 Q=6 Q=7 11 2 17 8 9 $29 $23 $17 Total Revenue Average…
A: In a monopoly, there is a single firm producing unique product. There is no free entry or exit of…
Q: 1) Discuss some of the complex problems brought by the modern food industry upon agricultural…
A: "Seed: The Untold story" is the beautiful documentary which gives us a beautiful massage about a…
Q: Suppose that Redeye's Game Emporium is in a market with imperfect competition. The graph below shows…
A: Firms in imperfect competition maximize profit by producing at a level where marginal revenue equals…
Q: With eg "Spaniards can produce 10 gallons of wine or 8 gallons of olive oil per worker hour." Wine…
A: In the field of economics, a good is any thing that may be consumed by people and result in some…
Q: Q2. The Prisoners' Dilemma: Jill Confess Remain Silent Confess Bob: 8 years Jill: 8 years Bob: Free…
A: The Nash equilibrium is a decision-making theorem within game theory that states a player can…
Q: 1000 750 ÏILLE 500 1250 250
A: Each sum is communicated in the worth of the cash at that specific time, alluded to as future…
Q: Suppose that the government imposes a constant per-unit tax of 2 cent on producers. In the diagram,…
A: Taxation basically refers to the usual process through which a government or other taxing body…
Q: N + 37 49 56 ► 9. 9. A
A: Here, TC total cost FC fixed cost VC variable cost MC marginal cost Q quantity
Q: A critical element of the Heckscher-Ohlin model is that a. Different goods display…
A: According to the H-O theorem, a country will export good which requires the intensive use of the…
Step by step
Solved in 3 steps
- A manager checked production records and found that a worker produced 225 units while working 50 hours. In the previous week, the same worker produced 156 units while working 40 hours. a. Compute Current period productivity and Previous period productivity. (Round your answers to 2 decimal places.) Current period productivity Units / hour Previous period productivity Units / hourThe larussi Legal Aide office assisted 110 people in June, 2020, with a staff labor cost of $3,880. In June, 2021 the office provided assistance to 142 people with a labor cost of $4,450. What was their productivity growth over this one-year period? Do not round intermediate calculations. Round your answer to two decimal placea. Use a minus sign to enter a negative value, if any. %Can someone show the math for this?? I would've bet my life that it was 15 but the hw says it's 20 Typed plz
- Calculate the following values for the permutations and combinations. a. P b. På 4 C. Co d. C 3/1 e. C1⁰ 10Hospitality Hotels forecasts monthly labor needs.(a) Given the following monthly labor fi gures, make a forecastfor June using a three-period moving average and a fi veperiod moving average. Month Actual ValuesJanuary 32February 41March 38April 39May 43 (b) What would be the forecast for June using the naïvemethod?(c) If the actual labor fi gure for June turns out to be 41, whatwould be the forecast for July using each of these models?(d) Compare the accuracy of these models using the meanabsolute deviation (MAD).(e) Compare the accuracy of these models using the meansquared error (MSE).plz answer correct calculation Asap plz Dont answer by pen pepar
- hello so i just wanna know how to make graphs on excel sheet using the data i am gonna give you and an example of how the graph should look like in picture. all i want is a screenshot of how i am supposed to put all numbers in which coloums thanks. here is the data: Month Sales Jan-16 747 Feb-16 697 Mar-16 1014 Apr-16 1126 May-16 1105 Jun-16 1450 Jul-16 1639 Aug-16 1711 Sep-16 1307 Oct-16 1223 Nov-16 975 Dec-16 953 Jan-17 1024 Feb-17 928 Mar-17 1442 Apr-17 1371 May-17 1536 Jun-17 2004 Jul-17 1854 Aug-17 1951 Sep-17 1516 Oct-17 1642 Nov-17 1166 Dec-17 1106 Jan-18 1189 Feb-18 1209 Mar-18 1754 Apr-18 1843 May-18 1769 Jun-18 2207 Jul-18 2471 Aug-18 2288 Sep-18 1867 Oct-18 1980 Nov-18 1418 Dec-18 1333 Jan-19 1333 Feb-19 1370 Mar-19 2142 Apr-19 2138 May-19 2078 Jun-19 2960 Jul-19 2616 Aug-19 2861 Sep-19 2237 Oct-19 2225 Nov-19 1590 Dec-19 1659 Jan-20 1613 Feb-20 1605 Mar-20 2349…Mariel teaches science at a community college in Arizona. Her starting salary in 2003 was $39,800, and each year her salary increases by 3%. (a) Complete the table of Mariel's salary. (Round your answers to the nearest cent.) Years Year since 2003 Salary (S) 2003 $39,800 2004 2005 2006 2007 (b) Find an exponential growth model S() for Mariel's salary t years after 2003. st) - What is the growth factor? (c) Use the model found in part (b) to predict Mariel's salary in 2012, assuming that her salary continues to increase at the same rate. (Round your answer d) Vse a graphing calculator to graph the model you found in part (b) together with a scatter plot of the data in the table.Pitt 2224 X BIOS X Б Ansv X Recr X (15) X Bio Micro The X A My ( xuli Ecor x Micr X Chem II N Hom X Mail x G bud x + production-gradescope-uploads.s3-us-west-2.amazonaws.com/uploads/pdf_attachment/file/65133311/2022s_Recitation_2_Activity.pdf?X-Amz-Algorithm=AWS4-HM... A Apps M Gmail YouTube Maps KnightCite Citatio... Charles Schwab O job E Reading List Microsoft Word - 2022s Recitation 2 Activity 1 / 2 110% + | 0 O Recitation Activity 2: Utility Maximization & Demand Name: Part 1: Utility Maximization Bart and Maggie are Pitt students who are allocating their budget for carrying bags between plastic bags, which cost $0.25 each, and the Pitt ByoBag, which costs $6 each. They each have a budget of $18 to cover the cost of carrying bags over the 30 week semester. 1 MAGGIE (Budget = $18) Plastic Bags ВyoBags MU Quantity Total MU/S Quantity Total MU MU/S Utility (Р-6) Utility (P=.25) 1 144 144 24.00 1 10 10.00 40.00 168 24 4.00 12 40 2.00 8.00 3 180 12 2.00 24 55 1.00 4.00 4 186 1.00 48 70…