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A 0.24 kg blog of clay is thrown at a wall with an initial velocity of 24m/s. If the clay comes to a stop in 91ms, what is the avarege force experienced by the clay?
Assume a perfectly competitive firm is producing 300 units of output, P = $10, ATC of the 300th unit is $11, marginal cost of the 300th unit = $10, and AVC of the 300th unit = $9. Based on this information, the firm is:
Is the budget deficit of a country linked to its current account balance? If so, how so? If not, why not? Explain how it is possible for the United States’ current account deficit to grow while the budget deficit has disappeared. When looking at a na..
for each of the following describe some of the potential opportunity costsa. studying for your economics testb.
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Suppose that a biotech firm makes diagnostic tests and has a fixed-proportions production function in which one unit of output (diagnostic test) is produced using one worker and two units of capital (machines).
It is unclear to a economic novice like me why OPEC is not cutting down production and raising oil prices. I have read several journalists commenting upon this on the internet but perhaps an economist can explain this current fact better.
An individual has an income of $1000 per month with which they buy the composite good with a price of $1 and food with a price of $2/unit of food. Draw the budget constraint for the individual with the composite good on the y-axis and food on the x-a..
Petunia is receiving $43328.0 semi-annually (twice a year) from an annuity that pays a nominal annual rate of 5.0% compounded semi-annually. She will receive this for 15.0 years. What is the present worth of the annuity?
Home’s demand curve for widgets is D = 5000-20P, where D is quantity demanded and P is the competitive price. Home’s competitive supply curve is given by MC = 100 + S/10, where S is quantity-supplied. In a competitive market, P = MC. Calculate the ef..
operate his business as long as he rents at least 7 boats per month, operate his business as long as he rents at least 1 boat per month, operate his business as long as he rents all 10 boats each month.
People said I want to go and buy debt and default on debt, and I mean, these people are crazy.
Converse alternatives to GDP as a measure of economic benefits in a current economy.
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