Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Question - Paula Deen runs a seafood restaurant in Savannah, Georgia. Her total revenue last year was $150,000. The rent on her restaurant was $48,000, her labor costs were $42,000, and her materials, food, and other variable costs were $20,000. Paula Deen could have worked as a cookbook writer and earned $40,000 per year or as a chef in another restaurant and earned $35,000. Paula Deen 's economic profit is equal to
A. $0.0 per year.
B. $5,000 per year.
C. -$35,000 per year.
D. $40,000 per year.
Discuss informally what you would expect to see in a model of the housing market like the one presented in class, but in which people form expecta- tions of future house price changes by extrapolating from price changes in the recent past.
suppose the alternative that the open market desk does nothing different that is they hold the amount of reserves
describes the market structures of oligopoly and monopoly in terms of number of producers, types of products produced, barriers to entry, and whether profit can be made in the short or long run.note whether oligopolies and monopolies are bad or..
According to the human skills theory of comparative advantage, developing countries would be expected to have a(n). After-transfers family income is the sum of
What is the probability that a household with an income of 20,000 will own a car? And at an income level of 25,000? What is the rate of change of probability at the income level of 20,000?
Sara is a dot.com entrepreneur who has established a Web site at which people can design and buy sweatshirts. Sara pays $1,000 a week for her Web server.
Identify the fundamental lessons the Ten Principles of Economics teaches regarding: How people make decisions, How people interact and how the economy works as a whole?
Why would the Fed choose to keep the funds rate away from equilibrium for extended periods of time? In view of the performance of the economy after.
Say that the price of good X is Px =$1 ,the price of good Y is Py =$2 and income I=$18 .The marginal rate of substitution between X and Y (MRSyx) is constant at 3. Show the budget constraint and some representative indifference curves on a graph (rou..
A cell phone is a piece of hardware. To utilize the phone to make a call, you require signing up for cell phone service. Outside of the US it is common for people to buy a cell phone from any company they choose and then sign up for cell phone servic..
Two firms, A and B, each currently emit 100 tons of pollution into the air. If the two firms can buy or sell pollution permits from each other, assume a price of $75 per permit is negotiated, what is the potential cost to each firm if the existing..
Let the reader know what criteria you are using to evaluate your policies. Economic feasibility, political feasibility, and environmental impact are common criteria. Criteria should also be unique to your chosen policy/issue.
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd