Peter, Jim, and Mary have a catering business where they make appetizers and desserts. Every week Mary can make either 400 appetizers or 100 desserts. Jim can make either 300 appetizers or 50 desserts. Peter can make either 375 appetizers or 75 desserts.

If they need to make 100 desserts then the largest quantity of appetizers can they make is _ .

If they need to make 150 desserts then the largest quantity of appetizers they can make is _ .

Enter whole numbers.

Are privately operated prisons efficient or inefficient? Give an explanation of your answer based on economics.

Before the Civil War, the South was the wealthiest region in the country. After the war, it was the poorest, especially the cotton states of Georgia, Alabama, Mississippi, Louisiana and South Carolina. This poverty would remain characteristic of the region for more than a century. Discuss the reasons why the South fell into poverty and remained there for such a long time.

why have economic analyses of clinical and administrative innovations become more important?

Consider the information in the table regarding prices of three goods (alpha, beta, gamma) and the quantities purchased by two individuals (Warren and Frank).

Based on this information, Warren feels like the inflation rate was __ % and Frank feels like the inflation rate was __ %.

During the latter part of the 19th century, even farmers outside the South had a difficult time. Discuss the reasons for agrarian distress in this period. What factors did many farmers blame for their problems? In what ways did farmers attempt to address and correct some of these issues?

The Federal Reserve was founded in 1913. Trace its development over the first two decades of its existence. How was it structured originally until changes were made by the Banking Act of 1935? What role did it play in the recession of 1929 to 1933?

Discuss the creation of the National Banks during the Civil War. Why did it develop into a dual banking system? Discuss the structural weaknesses of banking in the United States during the late 19th and early 20th centuries after the National Banking Act was implemented and how attempts to reform the system led to the creation of the Federal Reserve in 1913.

Find five Economic applications of any ideas in the book Candide.

1. Indicate a game theory and major decision the US airline industry might make based on that theory.

In the US Airline Industry,

1. Indicate a game theory and a major decision the industry might make based on that theory.

2. Use a decision tree or payoff matrix to show players, strategy, and payoff (you can you hypothetical numbers).

3. Apply the Nash equilibrium and identify a dominant strategy involved, if one is in play.

Question 4

1).Suppose you have $200,000 in a bank term account. You earn 5% interest per annum from this account. You anticipate that the inflation rate will be 4% during the year. However, the actual inflation rate for the year is 6%.

Calculate the impact of inflation on the bank term deposit you have and examine the effects of inflation in your city of residence with attention to food and accommodation expenses.

2) The Australian Bureau of Statistics (ABS) reported in May 2017 that the civilian population in Australia over 15 years of age was 20.8 million.

Of this population of 20.8 million Australians, 13.5 million were employed and 0.7 million were unemployed.

Calculate Australia’s labor force and the number of people in the civilian population who were not in the labor force? Also, with examples examine the causes of structural unemployment in Australia

Question:

Examine the fundamental causes of a nation’s business cycle fluctuations. Also, examine the relationship between total spending by government and consumers in a nation and the location of the countries’ GDP on the business cycle.