Questions
When you study macroeconomics, your reflective report should address:•What have you learnt from this course?•What are...

When you study macroeconomics, your reflective report should address:•What have you learnt from this course?•What are learning outcomes?•What are your own contributions and achievements?•What are your personal strengths and weaknesses that are revealed?•What will you do differently next time? about 500 words

In: Economics

Outline the technique of cost benefit analysis and discuss how it can be used to inform...

Outline the technique of cost benefit analysis and discuss how it can be used to inform decision making in the public sector.

In: Economics

BREAKEVEN- PowerFull PowerFull manufactures gel-cell batteries. These are rechargeable; made in various sizes and with various...

BREAKEVEN- PowerFull

PowerFull manufactures gel-cell batteries. These are rechargeable; made in various sizes and with various capacities.   They are used in lighted signs (exit signs for example) to power them when utility power is out. They are also used to power emergency lighting and in computer power backup appliances. Consider their popular 12 volt, 8 amp hour battery that sells for $36 each. Production of this battery has the following fixed and variable costs:

            Fixed costs (per year)                            Variable Costs per battery

            Interest on Mortgage     $25000              Plastic case                  $1.00

            Utilities                           18000              Plates (lead sulfide)       5.00

            Salaries of a fixed type 50000              Mfg. labor                       2.50

            Hazmat License                6000             Electrolyte gel               3.00

            Pollution permit             12000             Packaging                      .50

            Other fixed expense      10000              Inert ingredients             1.50   

                        Total fixed       $121000              Testing/Certification       3.50

                                                                        Promotion expense            .50

                                                                                    Total                $17.50

  1. What is the annual breakeven production quantity (use above data, show work)?
  1. If the quantity in #1 can be sold at $36 a battery, what revenue would be generated?
  1. Management insists that $100000 more than fixed costs be earned (variable costs remain unchanged). How many batteries must be sold to achieve this goal (the selling price remains $36 each. Show your calculations)?
  1. Keep the goal of $100000 above fixed costs. Total fixed costs remain at $121000. Price remains at $36.    However, manufacturing labor cost is expected to become $3.50 per battery (due to a minimum wage increase). What will become the new breakeven quantity?

  1. What is the Contribution Margin Ratio (CMR), considering the information in (4) above?
  1. Go back to the original data (No wage increase; No earnings goal). Assume only 7000 batteries are sold at a price of $36 each. What is the DOL (show your calculations)?

In: Economics

dicuss with examples the positive supply -side effects of fiscal policy?

dicuss with examples the positive supply -side effects of fiscal policy?

In: Economics

Please I need today answer for This question and it is very important and I need...

Please I need today answer for This question and it is very important and I need solution for this issue with all the details , and help me with all the details.Please write your answer to me by typning  not by hand writing, so that I can read and understand your answer clearly.thanks in advance/Ha

Question. Many reasons for why the United Kingdom voted to leave the European Union have been proposed. A common one is that imports from the EU hurt low-skilled British workers. This question will ask you to analyze what effect Brexit (the UK’s exit from the EU) may have on relative wages for high-skilled and low-skilled workers in the UK using the Heckscher-Ohlin model of international trade. Suppose that there are two industries: financial services and manufacturing. Further assume that there are two factors of production, low-skilled and high-skilled workers, and that finance is high-skill intensive and manufacturing is low-skill intensive. Further assume that the United Kingdom is abundant in high-skill labor (i.e. it has relatively more high-skilled workers than the rest of the EU).

a) Show using the Heckscher-Ohlin model of international trade how relative wages for lowskilled and high-skilled workers are determined when the UK is a member of the EU (i.e. when there is free trade between the UK and the rest of the EU). Explain your answer.

b) Now suppose that the UK leaves the EU. For simplicity, we will model this as autarky, i.e. that all trade between the UK and the EU stops. How do real wages of low-skilled and highskilled workers change (remember that the UK is abundant in high-skilled labor)? Explain your answer.

c) Describe also how the relative output of financial services versus manufacturing in the UK changes with Brexit. Explain your answer

In: Economics

passage require analysis and breakdown One decision that has been made recently in my department is...

passage require analysis and breakdown




One decision that has been made recently in my department is how to deal with the impact of COVID-19 on the way that we conduct business. I work at a call center and the leadership team was tasked with developing a strategy to ensure that our employees were able to work from home, stay safe, and keep client information safe. We had to spend hours of time and a lot of money to buy devices which allowed our employees to work from home while keeping client assets and accounts safe. The end result was getting 95% of the company’s call center employees to work from home while allowing those that must stay at the office the space to operate within CDC guidelines since they don’t have to work in tight quarters as the buildings are empty. Another decision that our representatives make with clients is giving advice to them in their investment portfolios. We consider various products and investments that could be used but one of the most helpful tools for our reps and clients is the Monte Carlo simulation. “Monte Carlo simulations are used to model the probability of different outcomes in a process that cannot easily be predicted due to the intervention of random variables” (Kenton, 2019). The Monte Carlo simulations allow our representatives to present to clients the various outcomes of the potential investments they are proposing to make. “The analyst would like to establish the portfolio that maximizes the return on investment” (Anderson et al., 2016, p. 250). I would add that our representatives do help clients with choosing the investment that maximizes the return on investment while staying withing the restrictions of the risks involved in the investment. We must abide by certain regulations that stipulate the type of risk allowed in these proposed portfolios so while yes, we maximize the return, we do so within reason by taking into account the potential risks involved.

In: Economics

Question -2 A state government wants to construct an International Airport. The proposed Airport would be...

Question -2

A state government wants to construct an International Airport. The proposed Airport would be completed in three phases (spread over 10 years) and operations would start after completion of the first phase in next three years. Expected cost of the first phase is Rs 5500 crores. You have been hired by the State Government to consult them on various stages of the bidding process to select an agency/developer that would build, own, operate, and transfer the airport. Please briefly enumerate all the stages of choosing such an agency/bidder right from the very beginning to the finalization of bid process. Also tell the salient features of all the stages enumerated by you.                                                                           

Question -3

Assume that you are heading the HR department in your company. Please enlist any four labour laws you comply with. Please also explain the salient features such as returns submitted, coverage, compliance, benefit details, and authorities concerned (these are indicative only; please mention any specific feature you want to mention) for each law.

Question-4

Please fill in the blanks in the following table. Also mention how you have arrived at a particular result.                                                                                                  

Sr. No.

Item

Value

1

GDP

$1000 billion

2

Revenue Receipt

$250 billion

3

Revenue Expenditure

4

Capital Receipts (without Borrowing)

5

Capital Expenditure

$ 115 billion

6

Interest Payment on Loan

$ 10 billion

7

Revenue Deficit

$50 billion

8

Fiscal [email protected]% of the GDP

9

Government Borrowing

10

Primary Deficit

[1] Currency unit is US Dollars

[2] The reference year for our purpose

In: Economics

(b) Explain how the following events affect the demand of Ringgit Malaysia (RM) and its value....

(b) Explain how the following events affect the demand of Ringgit Malaysia (RM) and its value. (i) Bank Negara Malaysia targets a lower interest rates vis-à-vis regional countries. (ii) There is a sudden interest in Malaysian property market among foreigners. (iii) More international students coming to study in Malaysia.

In: Economics

In the space provided below, discuss how each of the following might be affected by the...

In the space provided below, discuss how each of the following might be affected by the proposed monetary and fiscal policy responses to Covid-19.

a. Inflation in the US (Use equation of exchange to augment answer):

b. Term structure of interest rates:

c. US, European, and Emerging Market equities:

d. US dollar:

In: Economics

(ECONOMICS OF STRATEGY, GAME THEORY) QUESTIONS PLEASE ANSWERR Solve the following games with iterated elimination of...

(ECONOMICS OF STRATEGY, GAME THEORY) QUESTIONS PLEASE ANSWERR

Solve the following games with iterated elimination of dominated strategies. Indicate the order of elimination and at each step explain why these strategies are eliminated.

In: Economics

Explain in detail the policy conclusions of the IS/LM/BP model

Explain in detail the policy conclusions of the IS/LM/BP model

In: Economics

Describe in detail the German culture as it relates to beer consumption and how you would...

Describe in detail the German culture as it relates to beer consumption and how you would market coors beer in Germany.

In: Economics

Benefits that are received in the future must be discounted (put on a present value basis)...

Benefits that are received in the future must be discounted (put on a present value basis) before they can be compared with benefits that accrue today because

A) Earnings increase with labor market experience

B) The future is uncertain, people prefer to consume benefits earlier

C) Direct costs change with fluctuations in the market

D) Today's money is worth less in the future

In: Economics

Describe in detail the German culture as it relates to been consumption and how you would...

Describe in detail the German culture as it relates to been consumption and how you would market coors beer in Germany.

In: Economics

What are the major differences between job-order costing and process costing systems? Give an example of...

What are the major differences between job-order costing and process costing systems? Give an example of a well-known company that might use job-order costing and an example of a well-known company that might use process costing. Explain why you have chosen the companies that you did, specifically why job order costing or process costing are used. Do not choose companies that your classmates have already commented upon. Participate in follow-up discussion by critiquing your classmates' choices of companies.

In: Economics