Economists disagree with the accountants regarding computing and reporting the cost of production. Please explain the critical difference and discuss, with an example, how these different views affect the profit of a company.

Write it please in atleast 300 words with your own words, typed here

What are the reasons for Uber’s expansion problems in China? And what could Uber learn from this in India?

What are the consequences of increasing life expectancy for pension systems?

Explain why productivity growth, saving and new technologies are crucial for maintaining economic growth.

Describe how immigration and property rights influence economic growth

If the current market price of a product is a flat rate of $100 and $20 per piece. What would be the demand function and inverse demand function?

What if the products flat rate was $100 and $50 per piece?

what is the effect of infomation communication technology sector in corona virus related in ASEAN

what is the effect of medical supply and service in corona virus to related in ASEAN

In what ways might the behaviour of Microsoft, increasingly becoming a monopoly in the software and operating systems market, be deemed to be:

(i) against the public interest;

(ii) in the public interest

What political party/movement is the best to have in a country and what is the worst? (advantages &disadvantages for each [with real life examples])

1, List and briefly describe the five stages of the event planning process.

2, Outline the scope of college and university foodservice. What are the advantages of managing a college dining hall versus a commercial restaurant?

3, List and briefly describe four primary responsibilities of a convention and visitor’s bureau (CVB).

4, Discuss the multiplier effect of tourism dollars on a community. Could you argue that the effect is not always positive? Defend your position with examples.

Please briefly explain these questions about 350 words.

Explain what happens to real money supply and real money demand in each of the following scenarios in the short-run. Illustrate your answer using a diagram with real interest rate on the vertical axis and real money on the horizontal axis. Label the axes and curves clearly.

a) Nominal money supply increases

b) Many more stores accept digital payment technologies like credit cards

c) Stock market crashes

d) Price Level rises and nominal money supply is fixed

1.Anything that gives a person utility is known as: *

a.choices

b.marginal utility

c.decisions made at the margin

d.good

2.Marginal utility is *

a.the extra satisfaction derived from consuming an additional unit of a good

b.the total satisfaction derived from consuming an additional unit of a good

c.the total satisfaction derived from consuming a good

d.is the total amount of satisfaction derived from consuming a particular quantity of a good

3.The satisfaction that one receives from consuming a certain good is known as: *

a.Good

b.Bad

c.Utility

d.Incentive

4.Maximum utility occurs when: *

a.Implicit costs exceed explicit costs

b.The marginal utility per dollar for both goods is equal

c.The marginal utility per dollar for the cheaper good is greater

d.The marginal utility per dollar for the more expensive good is greater

5.A consumer is making purchases of products A and B such that the marginal utility of product A is 20 and the marginal utility of product B is 30. The price of product A is $10 and the price of product B is $20. Based on the rule of maximizing utility, the consumer should _________ the consumption of product A and _________ the product B. *

a.Increase, increase

b.Increase, decrease

c.Decrease, decrease

d.Decrease, increase

Assume that there are two countries in the world: Home and Foreign. Home’s demand curve for wheat is D = 125 - 25P and supply curve is S = 20 + 40P. Suppose that Foreign is a much larger country, with domestic demand D* = 1100 - 300P and supply S* = 650 + 200P.

a) What would the price of wheat be in case of no trade in Home? b) What would the price of wheat be in case of no trade in Foreign?

Now assume that Home and Foreign can trade with each other (no barriers, i.e. free trade).

c) Derive the Home import demand curve equation (no graph required) d) Derive the Foreign export supply curve equation (no graph required) e) Calculate the free trade equilibrium world price of wheat
f) Calculate the free trade equilibrium world trade volume (quantity)

Now assume that Home imposes a specific tariff of 0.3 on wheat imports.

g) Calculate the price of wheat in Foreign in case of the tariff
h) Calculate the price of wheat in Home in case of the tariff
i) Calculate the volume of trade (quantity) in case of the tariff
j) Explain why the volume of trade decreases with imposing the tariff
k) Explain (no graph or calculations required) who gains and who loses from imposing the tariff in case of each of the following groups: Home import-competing producers, Home consumers, Home government.

Answer to E-K)

Suggest one effective solution of each question and give some explanation or examples.

D=250-0.5Q

1.What can you say about the demand as the price increases from $150 to $200? *   

a.Elastic.

b.Inelastic.

c.Unit elastic.

d.Perfectly inelastic

2.Which of the following is a determinant of price elasticity of demand? *

a.Availability of close substitutes.

b.Income.

c.Nature of commodity.

d.All of the above.

3.What is the quantity demanded at price $150? *

a.175.

b.200.

c.100.

d.Cannot be determined.

4.What is the price at quantity demanded 100? *

a.$300.

b.$100.

c.$200.

d.Cannot be determined.

5.What is the price elasticity of demand as price increases from $150 to $200? *

a.-1.

b.-2.

c.-2.3.

d.-1.5.