Q: Question 1 A toy manufacturing company is selling pokemon figures in Latin America, generating…
A: Future worth is the worth of a present resource sometimes not too far off in view of an accepted…
Q: Practice question: Differentiate the following function: 13 y = 5x 3/2 Solution: Using the power…
A: In economics, differentiation concept is used to set some constraint related to economic variables…
Q: In the context of process analysis a. _____ can help eliminate or minimize bottlenecks. b. _____…
A: A bottleneck is a stage in a process that restricts the overall capacity of the process. In a…
Q: 1 Please show a
A: Face value of bond = 50000 Interest rate = 8 % payable quarterly Selling price = 47500 Time = 8…
Q: Define the term engineering economic decisions?
A: Engineering economics is the Application of economic principle in the analysis of decision making in…
Q: Ami and Yayra entered into a business partnership with a total of 81 million Ghana cedis they agreed…
A: We are going to calculate the Profit using substitution method.
Q: 3-16. A firm has recently added a new product to their offerings. Manufacturing reports that…
A: The firm added new products to their offerings. The manufacturing process is going on smoothly. The…
Q: Coronado Industries developed the following data: Beginning work in process $1100000 inventory…
A: The data of the Coronado Industries has been given to us showing various components in it and we…
Q: solve c and d part only...hand written
A: Gross domestic product is the summation of consumption, investment, government expenditure and net…
Q: Adidas produces shoes for sale at Macys, JC Penny and Footlocker. The company makes a few different…
A: Since you have posted a question with multiple sub-parts, we will solve the first question for you.…
Q: Below are the study cases referring specific type of cost involved, you are required to state the…
A: There are majorly two types of costs involves against any item which are as follows: \ Fixed Cost :…
Q: a) Determine the variable cost per unit and the fixed cost using the high-low method. b) What is the…
A:
Q: A firm believes a product’s sales volume (S) depends on its unit selling price (P) as S = $100 − P.…
A: Given, Sale volume: S =$100 – P or P = $100 - S Total Cost= C = $1000 + 10S a) Now, Total income =…
Q: MRP systems translate the into time phased requirements for components A Master Schedule B.BI OF…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: Question 2, subparts d-f
A: Answer 2.) A. Amount of US required = 2000 × 1.22 = 2440 B. Amount of USD required = 1500 × 0.93…
Q: Use the photo attached to answer the following question, 1.Using a numerical example, show how the…
A: A Break-even point is a point where the firm's revenue covers the total fixed as well as a variable…
Q: . How should Mr. Sinha approach this problem?
A: Warehouse: A warehouse is a structure for putting away merchandise. These centres are utilized by…
Q: Jenny Company produces two types of pants: long pants and short pants. The cost of making a pair of…
A: Answer to the question is as follows :
Q: E-commerce has had an explosive growth in the last year due to the pandemic. Many different retail…
A: Total cost refers to the expenditure incurred on producing goods and services. Total revenue is the…
Q: The ore of a gold mine in the province contains, on average, 0.5 ounce of gold per ton. Method A of…
A: Method used in processing gold would be better which gives you more profit than the alternative…
Q: Explain the term Deciders?
A: The economics refer to the study of allocation of scarce resources in the most optimal way, when the…
Q: The Pear company produces and sells pPhones. Their production costs are $290000 plus $180 for each…
A: Break-even is when total revenue equals total cost.
Q: Only the (a) part. Answer is (6x+2y)/(12y.y+2x) but I need to know the path please. thank you.
A: Implicit function rule means that there is a regular point (a, b) of the implicit curve. The…
Q: A person receive a phone call from the Registrar saying that he had not came to Companies…
A: Registration According to Section 5 of the Registration of Business Act of 1956, a company must…
Q: How can we Evaluate a Single Project?
A: There are four methods to evaluate single project: The Present worth (PW) method The annual worth…
Q: select a Canadian company identify and analyze the business strategy to reduce environmental and…
A:
Q: 50 cores CO sumption
A: Equilibrium, Saving function = Investment function
Q: Do you think that someone could be a good systems manager but a poor project manager? What about the…
A: Meaning of Managerial Economics: The term managerial economics refers to the scenario of the…
Q: engineering economics: match or answer the following
A: 1) Debt Capital 2) Equity Capital
Q: Question 2: Given the data below, use the segmenting model to estimate a manufacturer's total annual…
A: In the segmented model, all the costs are calculated in different segments and then added together.…
Q: Find the break-even point F(x) = 40x^2 - 60x + 228 G(x) = 23x^2 - 20x + 3000 %3D %3D
A: Break even point is where there is no loss or gain as at this level revenue equals cost.
Q: pods was $2,129. onse as an index number rounded to one decimal place.)
A: The index number measures the relative change in the price level.
Q: Thank you very much for your help! Which one from the above would you say it will be the correct…
A: (FDI) Foreign direct investment happens when an investor established in one country (the residence…
Q: what are performance indicators, level of indicators and type of indicators in Caster Semenya 200m…
A: Key performance indicators (KPIs) refer to a bunch of quantifiable estimations used to check an…
Q: The following model was fitted to data on gas mileage as a function of weight of vehicle and type of…
A: An economy may be a broad assortment of interconnected production and overwhelming activities that…
Q: Answers provided to the questions are helpful.Thanks alot. Kindly add more points to question 1(a)…
A: 1(a) As stated in the question, after COVID-19, there has been a steady increase in low-income…
Q: The most difficult method of budgeting is... Objective and task Competitive parity Affordable…
A: Budgeting refers to the action of an individual when he makes a plan to record the estimate revenue…
Q: US Airways owns a piece of land near the Pittsburgh International Airport. The land originally cost…
A: Cost of land to US Airways = $375000 Proposal will not be accepted if the land cost is above =…
Q: Q4 / Before establishing any project, we must explain or answer some questions. talk about them…
A: the start of a project is important to its long-term success. Therefore you must aware the factors…
Q: Just question 2.9
A: Note- Since you have posted a question with multiple subparts, we will solve the first three…
Q: Of the fundamental dimensions length, mass, time, and electric charge, which one is the most…
A: Among the fundamental dimension, time is most important for better economic analysis. It is quite…
Q: True/False Total cost can never be zero
A: # Total cost is given by the sum of total fixed cost and the total variable costs. TC = TFC + TVC
Q: Sum of squares total (SST) is, a 2558.436 b 2610.649 c 2663.927 d 2718.293
A: We have given Y X 41 8.3 21.6 4.9 32 8 23.5 4 19.2 4.8 29.9 7.6 22.8 8.7 27.4…
Q: Unisng the information provided, demonstrate how the centre of gravity location technique can be…
A:
Q: _______ refers to the cost which was spent but cannot be recovered anymore.
A: In simple terms, cost is the money expenditure incurred in order to produce something. For instance,…
Q: :1-24 A couple of entrepreneurial business students at State University decided to put their…
A: Answer: (a) Break-even point refers to that level of production where a firm neither making profits…
Q: 2. Xd = 5-p Xs = p
A: Equilibrium is at such a price where quantity demanded equals quantity supplied.
Step by step
Solved in 2 steps with 1 images
- 5. Suppose the representative consumer has the (quasilinear) utility function: U(x, y) = ax + In(v) where x,y are consumption goods. Denominated in US dollars, the prices of x and y Pi and pz, respectively. (a) What does the term quasilinear mean? Is consumption of x independent of y? (b) Assume the consumer has a budget of C dollars at his/her disposal. What is the maximum utility the consumer may achieve with this budget? (c) What is the minimum expenditure if the consumer wants to derive U,units of utility?Columns 1 through 4 in the following table show the marginal utility, measured in utils, that Ricardo would get by purchasing various amounts of products A, B, C, and D. Column 5 shows the marginal utility Ricardo gets from saving. Assume that the prices of A, B, C, and D are, respectively, $18, $6, $4, and $24 and that Ricardo has an income of $106. a. What quantities of A, B, C, and D will Ricardo purchase in maximizing his utility? b. How many dollars will Ricardo choose to save? c. Check your answers by substituting them into the algebraic statement of the utility-maximizing rule.Columns 1 through 4 of the accompanying table show the marginal utility, measured in utils, that Ricardo would get by purchasing various amounts of products A, B, C, and D. Column 5 shows the marginal utility Ricardo gets from saving. Assume that the prices of A, B, C, and D are $18, $6, $4, and $24, respectively, and that Ricardo has an income of $105. What quantities of A, B, C, and D will Ricardo purchase in maximizing his utility? How many dollars will Ricardo choose to save? Check your answers by substituting them into the algebraic statement of the utility‑maximizing rule. In other words, show it works when using this rule.
- Use the black line (plus symbols) to plot the line illustrating the combinations of salad and pizza that Andrew can purchase with a budget of $30.00. PIZZA (Slices) 14 12 10 00 4 2 O to 0 2 4 8 8 SALAD (Bowls) 10 12 14 Initial Budget New Budget ? Now suppose Andrew's income is cut in half: That is, he has 50% less money to spend than he did before. On the previous graph, use the blue line (circle symbols) to plot Andrew's new budget constraint. Which of the following statements best summarizes the pattern of causality captured by the graph above? Check all that apply. The relationship between S and P is not a causal relationship. A change in E causes a shift of the budget constraint. A change in S causes a change in P. A change in P causes a change in S.Amadea spends all her income on pizza,chocolate milk, and music streams. The price of pizza is $4 per slice and price ofchocolate milk $2 per bottle. At Amadea's current consumption level, her marginalutility for pizza is 50 units per slice and for music 100 units per stream. Assuming thatAmadea is a utility maximizer, how much is (a)her current marginal utility for a bottleof chocolate milk, and (b) the price of streams she buys. Show your work. [Hint: Ch 6:Utility-maximizing formula)On a given evening, J. P. enjoys the consumption of cigars (c) and brandy (b) according tothe functionU(c, b) = 20c− c²+ 18b − 3b²a. How many cigars and glasses of brandy does he consume during an evening? (Cost isno object to J. P.)b. Lately, however, J. P. has been advised by his doctors that he should limit the sum ofglasses of brandy and cigars consumed to 5. How many glasses of brandy and cigarswill he consume under these circumstances?
- The expression, M = PXX+ PYY is called a budget constraint where M = amount of money available for expenditure; PX= price of commodity X; PY= price of commodity Y; PXX= expenditure on commodity X; PYY= expenditure on commodity Y. Use M = PXX+PYY to express Y as a function of X and note that the graph of this function is called a budget line. Algebraically derive: (1) the y-intercept; (2) the x-intercept. State what determines the slope of the budget line. Graph the function for M = 120; PX= 3; PY= 5 andshow what happens to the original budget line if M decreases by 25% with PX, PY constant.Suppose a consumer has a monthly income of m = 100 which she spendson two commodities: french fries (x1) and beef jerky (x2). The price offrench fries is p1 = 2 and the price of beef jerky is p2 = 5.(a) Write down the consumer’s budget constraint (equation).(b) What is the maximal consumption of french fries (this is calledthe real income in french fries).(c) Find the maximal consumption of beef jerky (real income interms of beef jerky).Tim is buying pizza and salad for a company lunch. Suppose that a slice of pizza costs $4.00, and a bowl of salad costs $5.00. Let ♬ be the amount in dollars that Tim spends on pizza and salad. If Tim buys P slices of pizza and S bowls of salad, then the total amount of money he spends (B) can be represented by the equation Now rearrange the equation you wrote above so that S is written in terms of E and P. The quantity of salad he buys can be represented by the equation Suppose Tim has $40.00 to spend on pizza and salad; that is, E = $40.00. Complete the following table with the values of P or S that make the equation true. Hint: To complete the first row, determine the number of salad bowls Tim can purchase with $40.00, when the number of pizza slices he purchases is 0. Budget Pizza (Dollars) (Slices) 40.00 0 40.00 5 40.00 Use the black line (plus symbols) to plot the line illustrating the combinations of pizza and salad that Tim can purchase with a budget of $40.00. SALAD (Bowis) 14…
- ote: - You are attempting cuestios suro 12 Neha and Sonam consume only Coke and Pepsi in a two person and two goods exchange economy. Neha consumes these two goods in fixed proportions such that she consumes 2 bottles of coke with 1 bottle of Pepsi. Sonam's utility function is given by U=4P+BC. In the economy, there is a total of 100 bottles of Pepsi and 200 bottles of Coke. If Neha initially had 60 bottles of Pepsi and 80 bottles of coke, then in the equilibrium position, Sonam will consume: A. between 50 to 60 bottles of Pepsi B. between 52 to 60 bottles of Pepsi C. between 54 to 60 bottles of Pepsi D. between 56 to 60 bottles of Pepsi Answer 04:09 PM 19-10-2021Pls help me with this homework : Given the following leisure-income bundles, use the chord method to calculate the marginal rate of substitution (MRS) and make sure to use a graph in answering this question, given that the marginal utility of income (MUY) and marginal utility of leisure (MUL) are 4 and 40 respectively : Bundle A: 4 hours of leisure, income equals N$200, utility equals 200 utils; Bundle B: 4 hours of leisure, income equals RI00, utility equals 100 utils; Bundle C: 7 hours of leisure, income equals N$100, utility equals 200 utils. Thank You !!2. Consider a consumer with preferences over current and future consumption given by U(C₁, C₂) = (C₁)¹/2 (c₂) ¹/2 where c₁ denotes the amount consumed in period 1 and c₂ the amount consumed in period 2. Suppose that period 1 income expressed in units of good 1 is m₁ = 20000 and period 2 income expressed in units of good 2 is m2 = 30000. Suppose also that p₁=p2 = 1 and let r denote the interest rate. (a) Find the optimal consumption bundle when r = 0.15. Is the consumer a saver or a borrower?