In: Economics
Why wage rates of all types of labor are lower in India and Pakistan than Saudi Arabia?
In: Economics
What are the determinants of demand for labor and supply of labor? How is the equilibrium wage rate determined in a labor market? Why a janitor gets lower wage than a heart surgeon? Why wage rates of all types of labor are lower in India and Pakistan than Saudi Arabia?
In: Economics
Process equipment is purchased in a chemical industry
in 2020 for OMR 102000 for an expected service life of 3 years.
Original salvage value was estimated to be OMR 21000 at the end of
service life. Prepare a table showing the depreciation cost and
book value for each year by using the following depreciation
methods.
a) Straight line method
b) Declining balance method
c) Double declining balance method
d) Sum of the years digit method
e) MACRS method using half year convection (Refer the fixed
percentage factor table for applicable year)
##all the answers must be perfect without any decimal place
In: Economics
You are responsible for managing a performance-based advertising
campaign for your company that provides Indian cuisine cooking
classes that cost $100 per student. You have a budget of $300 per
day. The search terms you decide to bid on are cooking classes and
Indian cooking classes. You initially allocate $200 per day to the
first campaign and $100 to the second. Over time you realise that
“cooking classes” generates on average 500 clicks per day resulting
in sales of $5000. “Indian cooking classes” generates on average
100 clicks resulting in sales of $3000. Which campaign would appear
to be the most effective? Calculate the CPC and ROI for each
campaign to justify your response. Feel free to use your computer
or a calculator to help you work out the answers.
In: Economics
A person planned to start a business venture in Muscat
and decided to borrow a loan of OMR 52000 from Bank Muscat at an
interest rate of 18 % per annum. Determine the following
a) Simple interest and total amount due after 12 years if no
intermediate payments are made and interest is compounded
annually.
b) Compound interest and total amount due after 9years if no
intermediate payments are made and interest is compounded
annually.
c) Compound interest after 9 years if the interest is compounded
after 3 months.
d) Difference between simple interest and compound interest after 8
years.
e) Nominal and effective interest rate if the interest is compound
after 2 months.
##all the answers must be perfect without any decimal place
In: Economics
Jeff has a monthly income of $400, which he spends each month on dinners (which cost $20 each) and movies. He finds that he maximizes his utility by spending half his income on dinners and ha lf on movies. His marginal rate of substitution at this bundle of goods is 0.4 (measured with dinners on the horizontal axis).
a. Given this information, what is the price of movies?
b. Draw Jeff's budget constraint and indifference curve at this optimal bundle. Label both axes appropriately.
c. Write an equation—in slope- intercept form—for Jeff's budget constraint.
d. What is the opportunity cost, in terms of dinners, of an additional movie? e. Now suppose the price of dinners changes to $25. Show on your diagram how the budget constraint will change. Can Jeff still afford his initial bundle from part b?
In: Economics
Question (2)
Consider a country that imports a good from abroad. For each of following statements, say whether it is true or false. Explain your answer.
In: Economics
As a detective seeking evidence [need to know investor]:
How well does Ford Motor focus and capitalize on individual differences?
In: Economics
How did Reagan’s policies reinforce the views and stereotypes that many white American had about social programs and the welfare state? What did the Reagan administration do to promote those stereotypes and beliefs? What stopped Democrats from being able to refute these stereotypes? What beliefs and stereotypes from this era still exist today?
In: Economics
1. What was the Embargo Act of 1807? Why do you think President Jefferson and others thought it was necessary to sign this act into law?
2. What similarities between the Embargo Act and the current economic tension between the U.S. and China do you see? How do they differ?
3. What lessons can we take from the failed Embargo Act as the threat of a trade war looms near?
In: Economics
Question (1)
The nation of Textilia does not allow imports of clothing. In its equilibrium without trade, a T-shirt costs $20, and the equilibrium quantity is 3 million T-shirts. One day, after reading Adam Smith’s The Wealth of Nations while on vacation, the president decides to open the Textilian market to international trade. The market price of a T-shirt falls to the world price of $16. The number of T-shirts consumed in Textilia rises to 4 million, while the number of T-shirts produced declines to 1 million.
(Hint: Recall that the area of a triangle is 0.5 × base ×height.)
In: Economics
Assume that the market of medical supplies is in perfect competition.
In early April, Trump administration proposed export bans on medical supplies. Suppose America is large economy and large exporter of medical goods.
Analyze the impact of the export bans on comsumer surplus, producer surplus, government revenue, and national welfare in the US. Use a graph to assist your analysis.
In: Economics
Is Ford Motor effective at developing and manging external partnerships? [As a need to know investor: Please have 200 words or more][Will give thumbs up]
In: Economics
Does Ford Motor employ sophisticated forecasting methods and monitor their performance? [As a need to know investor: Please have 200 words or more][Will give thumbs up]
In: Economics