Describe how some immigrants to the US in the late 19th century sought personal fulfillment and how others sought to support their families and relatives.

Suppose you own an outdoor recreation company and you want to purchase all-terrain vehicles (ATVs) for your summer business and snowmobiles for your winter business. Your budget for new vehicles this year is $240,000. ATVs cost $8000 each and snowmobiles cost $12,000 each.

a.Draw a budget line for your purchase of new vehicles.

b. What is the opportunity cost of one ATV?

c. What is the opportunity cost of one snowmobile?

I need step by step solution to the following this question asap .I have limited time so please do it quickly with detailed explanation

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1. “Once a country has a big enough debt/GDP ratio, it is stuck in a trap, because austerity depresses growth.” Do you agree?

Externalities

1) Amanda owns an electric power plant in the city of Wetaskiwin. Francesca owns a laundry service next door to the power plant. Francesca's specialty in town is the “spring fresh” scent he achieves by air-drying laundry outside. In producing electricity, Amanda also produces smoke. Unfortunately, Amanda’s smoke dirties Francesca’s laundry, creating costs for Francesca of for each kwh Amanda produces.

(a) Draw a figure, with lines indicating the private and social cost to supply electricity as well as the private and social marginal benefit of producing electricity

(b) In your figure, shade in the social cost to society (total social and private costs) from producing the market equilibrium quantity of electricity.

(c) Suggest some possible solutions for this market failure.

An employer fired one of the employees because the employer did not like the employee's husband, who was a rather loud and obnoxious type. When he came to office parties, he routinely wore everyone's nerves to a frazzle. The employee does not have a contract with the employer and is not in a union. Does she have a cause of action for unjust dismissal?

valuate alternative theoretically explanations and perspectives of economic problems, issues and decisions in a global context

(3) Financing government services through user fees generally leads to a debate/comparison of fees v. taxes. Please describe and define a fee and a tax, identifying the significant differences between the two. Your answer should provide examples of each to support your analysis.

(4) "Sales taxes are fairer than income taxes because sales taxes cannot be avoided by the rich." Discuss & evaluate this idea, using tax policy concepts to provide support for your evaluation. Is it possible to design a sales tax that is more progressive than a personal income tax?

Q.1) Oil-rich countries in the Gulf, already confronted by strong labor protests, are facing renewed pressure from India to pay minimum wages for unskilled workers. With five million immigrant workers in the region, India is trying to win better conditions for their citizens.

source : International Herbal Tribune, March 27, 2008.

Suppose that the Gulf countries paid a minimum wage above the equilibrium wage to the Indian workers. Answer the following questions assuming that migrants to the Gulf are required to have jobs: that means the number of migrants cannot be larger than the quantity of labor demanded.

a) How would the market for labor be affected in the Gulf countries? Would migrant Indian workers be better off or worse off or unaffected by this minimum wage? Draw a supply and demand graph to illustrate your answers.

b) How would the market for labor be affected in India? Draw a supply and demand graph to illustrate your answer. Be careful: the minimum wage is in the Gulf countries, not in India.

( Microeconomics )

What are the major challenges that face expatriates while living abroad?

Please use your own words

What is the projected spending of health care as a percentage of GDP by 2040? How would this impact our economy?

What are the two elements of market failure most important and applicable to the study of cultural economics and especially to how access to some sites are priced and monitored?

Instructions from Professor:

1. What will you be looking for in a political candidate the next time you vote, in terms of economic philosophy and economic policies? What have you learned so far that has influenced your position? Have any of your ideas changed? Your essay should be at least 200 words.

Why does an economy need a rationing​ mechanism?

Suppose the demand functions facing a wireless telephone monopolist are QdL=100−200P for each low-demand consumer and QdH=120−200P for each high-demand consumer, where P is the per-minute price in dollars. The marginal cost is $0.02 per minute. Suppose the monopolist offers a menu of two-part tariff plans, with one plan intended for each type of consumer. Suppose too that for any per-minute price PL in the low-demand plan, the fixed fee in the low-demand plan leaves a low-demand consumer with zero surplus; that the number of minutes in the low-demand plan is capped at the number of minutes desired by a low-demand consumer at that plan's per-minute price; and that the high-demand plan has a per-minute price of $0.02 per minute and a fixed fee that leaves the high-demand consumer approximately indifferent between the low- and high-demand plans. Suppose that there are 100 high-demand consumers and 400 low-demand consumers. Will the monopolist's profit be higher when the per-minute price in the low-demand plan is $0.07 or $0.12? Instructions: Round your answers to 2 decimal places as needed.

a. Suppose the monopolist's per-minute price in the low-demand plan is $0.07.

Profit = $.

b. Now suppose the monopolist's per-minute price in the low-demand plan is $0.12.

Profit = $.

Suppose the demand functions facing a wireless telephone monopolist are

          QdL=60−200P

for each low-demand consumer and

          QdH=160−200P

for each high-demand consumer, where P is the per-minute price in dollars. The marginal cost is $0.10 per minute. Suppose the monopolist offers a menu of two-part tariff plans, with one plan intended for each type of consumer. Suppose too that for any per-minute price P_L in the low-demand plan, the fixed fee in the low-demand plan leaves a low-demand consumer with zero surplus; that the number of minutes in the low-demand plan is capped at the number of minutes desired by a low-demand consumer at that plan's per-minute price; and that the high-demand plan has a per-minute price of $0.10 per minute and a fixed fee that leaves the high-demand consumer approximately indifferent between the low- and high-demand plans. Suppose that there are 200 high-demand consumers and 400 low-demand consumers. Will the monopolist's profit be higher when the per-minute price in the low-demand plan is $0.15 or $0.20?

Instructions: Round your answers to 2 decimal places as needed.

a. Suppose the monopolist's per-minute price in the low-demand plan is $0.15.

    Profit = $.

b. Now suppose the monopolist's per-minute price in the low-demand plan is $0.20.

    Profit = $.

General Instructions

Redstone Clayworks, Inc. is located in Sedona, Arizona and manufactures clay fire pits for patios. They are one of about two dozen firms around the world that manufacture and sell clay fire pits for retailers such as Home Depot, Lowe’s, Front Gate, and other upscale home product chains. There is virtually no product differentiation. A clay fire pit is a clay fire pit.

Assume that the world market demand and supply curves for clay fire pots intersects at $300 per unit.

The spreadsheet below gives some of Redstone’s production cost data. A template for the spreadsheet is provided in the Course Materials.

Add columns to show, respectively, average fixed cost (AFC), average variable cost (AVC), average total cost (ATC), and short-run marginal cost (SMC). Then, add columns to show, respectively, total revenue (TR), marginal revenue (MR), total profit, average profit, and profit margin.

Place your completed spreadsheet in the Drop Box,and use it to answer questions 1-7. Your spreadsheet and calculations are worth 15 points and count as 500 words toward your word count requirement.

Your spreadsheet must include formulas showing how you arrived at the calculations. As an alternative, you may also submit a document showing your step-by-step calculations for each of the cells. You will not receive credit if you do not show your work using one of these two methods.

For Questions 2, 4, and 5, be sure to employ both of the General Rules for Implementing the Output Decision in your explanations.

A detailed explanation should be given for each question.