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!
Assignment
Question One.
Abdullah loves donuts. The table below reflects the value Abdullah places on each donut he eats: Value of first donut $0.60 Value of second donut $0.50 Value of third donut $0.40 Value of fourth donut $0.30 Value of fifth donut $0.20 Value of sixth donut $0.10
a. Use this information to construct Abdullah's demand curve for donuts.b. If the price of donuts is $0.20, how many donuts will Abdullah buy?c. Show Abdullah's consumer surplus on your graph. How much consumer surplus would he has at a price of $0.20? d. If the price of donuts rose to $0.40, how many donuts would he purchase now? What would happen to Abdullah's consumer surplus? Show this change on your graph.
Question Two:
Assume that Japan and Korea can switch between producing cars and producing airplanes at a constant rate.
Hours Needed to Make 1 Quantity Produced in 2400 Hours Car Airplane Cars Airplanes Japan 30 150 80 16 Korea 50 150 48 16
1- What is Japan's opportunity cost of one car? 2- Suppose Korea decides to increase its production of cars by 18. What is the opportunity cost of this decision?3- In what product Japan has an absolute advantage? and in what product Korea has an absolute advantage?
the data contained in the following table shows the tradeoffs that occur in an economy that produces only two types of
Cresheim wrote Martin a letter stating that the oral contract had been made and setting forth all of its terms. Cresheim later refused to recognize the contract.
While walking through the park, Jane finds a $100 bill. No one is around to claim it, so she keeps it. Does Jane have any gross income as a result of this?
A) Suppose Jean Splicer, an investor, buys $100,000 of shares of stock in a diversified bundle of Bio-tech firms and exactly one year later sells those shares for $108,000. If the value of the CPI at the date of Jean's purchase was 160, and rose b..
Explain Keynes's theory of investment and why it is central to his more general theory of output employment, intrest and money.
Describe the effects of a price ceiling also a price floor on a market. As for what happens with pricing is different than equilibrium, a price Floor is Minimum wage.
Analyse the economic situation in Greece since the financial crisis, the effects the austerity measures have had and may have on the economy, and provide a recommendation to future policy makers.
In light of the theory of comparative pros are any restrictions on free international trade advantageous
An employee receives a letter of reprimand that goes in his personnel file but is not demoted and not suffer any other action. Does the letter constitute an adverse employment action? Why or Why not?
Problem on standard deviation
Talk to a current economic situation happening within the foreign country referencing your Economist Article. What is the foreign exchange rate in comparison to the U.S.? What trade agreements, if any, is this a country a party of
Examine the major complexities that would arise under expansion via capital projects. Propose key actions that the company could take in order to prevent or address these complexities.
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