Questions
Write an essay about how high skilled workforce readiness could support Malaysia’s transition to a knowledge,...

Write an essay about how high skilled workforce readiness could support Malaysia’s transition to a knowledge, technology and innovation intensive economy.

In: Economics

Assume the following two equations and the discount rate for the extraction of a natural resource:...

  1. Assume the following two equations and the discount rate for the extraction of a natural resource:
  1. P = 18 – 0.75 Q for Marginal Willingness to Pay
  2. P = 3 for a constant Marginal Cost
  3. Discount Rate = 6%

Solve for the following in a two time period setting:

  1. Find and label the equilibrium when there is no limit on Q. q=20
  2. Assume that there are only 25 units of the natural resource to be extracted, find the optimal extraction rates over the two periods. q1= 12.28 q2= 12.72
  3. Find the Total Marginal Net Benefits under the optimal extraction rates.
  4. Find the Marginal User Cost for each time period of the resource.

I don't understand #3 and #4 if you could provide step-by-step instructions/formulas for those.

In: Economics

Adam is turning 40 years old today and plans to retire on his 65th birthday. He...

Adam is turning 40 years old today and plans to retire on his 65th birthday. He starts making annual deposits ( starting on the day of his 40th birthday) into an account that pays 15% compunded quarterly. He plans to withdraw $10,000 quarterly from the account starting on his 65th birthday unitil his 75th birthday (inclusive). Note that the lst deposit is made at the same time as the first withdrawal.

what is the effective interest rate for deposits?

WHat is the present worth (now) of withdrawals?

WHat is the amount of the deposits

In: Economics

Why is pricing an extremely important component of marketing? List 3 aspects of pricing that make...

Why is pricing an extremely important component of marketing? List 3 aspects of pricing that make it important to marketing, to the organization, and to its customers. Think of things that are unique to the pricing variable compared to the other three marketing variables of product, promotion, and distribution.

In: Economics

Describe the characteristic of your community and explain the type of segmentation you would use to...

Describe the characteristic of your community and explain the type of segmentation you would use to segment the market appropriately.

b. Develop a retail format targeting the market and discuss how you would use the mix in achieving your objective.

In: Economics

A. What's the difference between repeated play vs. one-shot games? B. How do you calculate the...

A. What's the difference between repeated play vs. one-shot games? B. How do you calculate the sum of future stream of payoffs?

In: Economics

hello Mr\Mrs My question is about Security again. 1)What are security and its adjacent consepts ?...

hello Mr\Mrs
My question is about Security again.
1)What are security and its adjacent consepts ?
2) What is the disciplinary boundary of International Securit Studies ?
3) The Western-centrism conundrum (needs some brief explanation).
thanks in advance :)

In: Economics

Natural gas for a typical residence has a monthly demand (in MMBtus) of D(P)=12-0.2P. The market...

Natural gas for a typical residence has a monthly demand (in MMBtus) of D(P)=12-0.2P. The market price of natural gas is $4 per MMBtu, and natural gas has an external cost from CO2 emissions of $2.60 per MMBtu^3. Assume natural gas is competitively supplied.

1. Calculate the market equilibrium price and quantity of natural gas.

2. Calculate the social benefit of the market equilibrium (i.e. consumer surplus plus consumer surplus minus the external cost)

3. How much natural gas should be used? (i.e. calculate the socially efficient quantity of natural gas)

4. Calculate the deadweight loss of the market equilibrium. Illustrate on a graph.

In: Economics

1.What is the role of an administrator at the home healthcare facility 2. What are the...

1.What is the role of an administrator at the home healthcare facility

2. What are the cheapest ways to advertise healthcare services in marketing?

3. How can a home healthcare facility gain more employees

4. How can healthcare facility gain private pay clients?

5.

In: Economics

What is creative disruption and how can disruptive innovation be a positive contributor to our economy?...

What is creative disruption and how can disruptive innovation be a positive contributor to our economy?

Give an example of a industry that has experienced or is experiencing a process of disruptive innovation.

How would you measure this success from an economic perspective?

In: Economics

Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a...

Task: The below table shows socio-economic data of two fictitious countries. From the perspective of a business considering the possibility of undertaking business in these countries, consider what the data could mean and present three conclusions. Each conclusion should compare both countries using at least two variables. You can relate each conclusion to any type of international business (eg. you can present a conclusion from the perspective of a business choosing a new export market, a business seeking an import source, a business choosing a location for FDI, etc). Recommended length for each conclusion: approximately 200 words.                                           (4 marks per conclusion)

                Country

Country A

Country B

1. Population

86.24 million

22.94 million

2. Area

300,000 km²

268,680 km²

3. GDP

$330.91 bil

$204.14 bil

4. GDP Per capita (PPP)

$4,600

$21,600

5. Gini Coefficient

.451

.320

6. Population below poverty line

21.6%

12%

7. % of Urban Population

45.3%

86.32%

8. Main Exports

Machinery and transport equipment, medical apparatus, garments, coconut products, fruits and nuts, copper and chemicals.

Dairy products, meat, fish, wood, aluminium, fruits and nuts.

9. Main Imports

Electrical machinery, computers, iron and steel, vehicles, fuels and cereals.

Vehicles, machinery and equipment, computers, pharmaceuticals, aircraft, fuels, and plastics.

10. Inflation

3.1%

1.8%

11. Internet Users (% of Population)

60.1%

89%

12. UN Human Development Index (HDI)

.699

.917

13. Adult literacy rate

14. Labour Force by Occupation

96.6%

45% agriculture, 15% industry, 40% services

99%

7% agriculture, 19% industry, 74% services

15. Unemployment

5.5%

3.9%

In: Economics

In Chapter 28, you learned about the concept of comparative advantage. How does this principle apply...

In Chapter 28, you learned about the concept of comparative advantage. How does this principle apply to people/members in the church? In other words, you may consider that every individual within the Church community has a different/unique role (pastor, praise band leaders, server for meals, children’s ministry, etc) as gifted from God. How does the principle of comparative advantage relate to this situation? For you to receive full credit, please make sure you provide an accurate analysis based on the knowledge of comparative advantage to this given situation. Please do not refer to other sources, other than your textbook. (Due: Day 4(Thursday) by 11:59pm; word count: minimum 300 words).

In: Economics

Use the Gravity model to predict the effect of Brexit on UK’s trade with the EU....

Use the Gravity model to predict the effect of Brexit on UK’s trade with the EU.

c) What are the trade diversion and trade creation effect of trade agreements? Explain trade diversion and trade creation effect of the following.

  1. US getting out of TPP Using the
  2. US being part of NAFTA

In: Economics

You have filed a Patent application on March 18th 2020 and have been issued a Patent...

You have filed a Patent application on March 18th 2020 and have been issued a Patent Application Number. On March 20th your competitor files a Patent application for almost the exact same invention. On September 22 2021 you are issued a Patent. What will likely happen to your competitors Patent Application that is currently in the que? Briefly explain your answer.

In: Economics

2. The engineering team at Manuel’s Manufacturing Inc. is planning to purchase an enterprise resource planning...

2. The engineering team at Manuel’s Manufacturing Inc. is planning to purchase an enterprise resource planning (ERP) system. The software and installation from Vendor A costs $380,000 initially and is expected to increase revenue $125,000 per year every year. The software and installation from Vendor B costs $280,000 and is expected to increase revenue $95,000 per year. Manuel’s uses a 4-year planning horizon and a 10% per year MARR.

a. What is the discounted payback period of each investment (do linear interpolation to answer)?

b. Based on DPBP, which ERP system should Manuel purchase?

In: Economics