What is GE Aviation cost and pricing in regards to economics? How would GE Aviation operations and services be characterized?
In: Economics
What are the differences among the monopolistic competition, competitive markets, and monopoly?
Is the bookselling a perfectly competitive industry? Briefly explain
In: Economics
Putting specific historical subject matter into an understandable framework by looking at more broad things happening around it:
Group of answer choices
Context
Presentism
Interpretation
The unintended consequences of history
Objectivity
In: Economics
How COVID-19 affected the Indian economy. This is needs to be analyzed only by the IS-LM model. How government steps shift the curve in this pandemic and other factors.
NOTE: It should be complete and must all factors of IS-LM and
Effect on Indian economy
(up to 3 pages)
In: Economics
Think of the different goals of policymaking: efficiency, growth, stability, and equity. Why do they often conflict? Why can an economy not achieve multiple goals simultaneously?
In: Economics
Suppose the economy is experiencing a recessionary gap of $0.5 trillion. The marginal propensity to consumer is MPC = 0.2. To mitigate or close the gap, the fiscal government need to choose between two options: increase government spending G or decrease taxes. Fill in the gaps with numerical answers unless otherwise instructed. Round your answers to one decimal place (for example, 1.25 ~ 1.3).
In: Economics
In: Economics
IMF was created to promote monetary stability. The current role of IMF is to oversee exchange rate policies in member countries and advises developing countries about how to turn their countries around.
World Bank was set up to lend money to countries so they could rebuild their infrastructure that had been destroyed during the war. The WB is looking to expand its lending to developing countries and to provide more loan guarantees for businesses entering new developing markets.
Required:
In: Economics
Suppose the European Union (EU) is investigating a proposed
merger between two of the largest distillers of premium Scotch
liquor. Based on some economists’ definition of the relevant
market, the two firms proposing to merge enjoyed a combined market
share of about two-thirds, while another firm essentially
controlled the remaining share of the market. Additionally, suppose
that the (wholesale) market elasticity of demand for Scotch liquor
is -1.3 and that it costs $15.70 to produce and distribute each
liter of Scotch.
Based only on these data, provide quantitative estimates of the
likely pre- and postmerger prices in the wholesale market for
premium Scotch liquor.
Instruction: Do not round intermediate
calculations. Enter your final responses rounded to the nearest
penny (two decimal places).
Pre-merger price: $
Post-merger price: $
In: Economics
1. Show your work for the questions below.Suppose a perfectly competitive firm has TC = 0.15q2 – 54q + 3500 and MC = 0.3q - 54.
a.If market price for this firm’s product is $96, what is its profit maximizing level of output? Show your work.
b.What is the firm’s profit at this price? Show your calculation.
2. Consider a customized t-shirt printing business. Which of the following would be variable costs (VC) and which would be fixed costs (FC)? Write VC or FC to the left of each to indicate which they would be.
Rent
Cost of ink
Cost of plain shirts
Purchase price of printing machine
3. Which of the costs (fixed, variable, or both) need to be covered for profits to be greater than or equal to zero?
In: Economics
Suppose when Japan opens to trade, it imports rice, a labor intensive good.
In: Economics
RATES of GROWTH
Year |
Nominal GDP (Billions) |
Gdp Deflator |
Population |
CPI |
Medium Family Income |
2017 |
2,102.57 |
115.006 |
36.514 |
130.658 |
84,950 |
2016 |
2,018.68 |
112.53 |
36.188 |
128.247 |
82,110 |
2015 |
1,985.65 |
112.295 |
35.825 |
126.542 |
80,940 |
2014 |
1,973.04 |
112.893 |
35.497 |
125.158 |
78,570 |
2013 |
1,892.19 |
110.944 |
35.102 |
122.8 |
76,550 |
2012 |
1,822.81 |
109.247 |
34.699 |
121.675 |
74,540 |
2011 |
1,769.92 |
107.929 |
34.303 |
119.842 |
72,240 |
2010 |
1,662.13 |
104.539 |
33.959 |
116.475 |
69,860 |
2009 |
1,567.37 |
101.619 |
33.581 |
114.45 |
68,410 |
2008 |
1,652.92 |
104.005 |
33.199 |
114.108 |
68,860 |
2007 |
1,573.53 |
100 |
32.848 |
111.45 |
66,550 |
2006 |
1,492.21 |
96.788 |
32.529 |
109.125 |
63,600 |
2005 |
1,417.03 |
94.323 |
32.203 |
106.967 |
60,600 |
(Provide the raw data for all the years and show your work at least once for each category.)
please make as per Canadian Education standard's.
In: Economics
Do you think that business has a responsibility to contribute positively to society whenever it can, or do you think that business should simply focus on operating as profitably as it can? Explain your answer, referring to concepts
In: Economics
Peter has an inheritance that promises to pay him 11 year-end amounts of $5,000 starting exactly 3 years and 3 months from today. If he earns 4.2% p.a., how much is the inheritance worth in present-day dollars?
Select one:
a. $37,910.15
b. $39,502.38
c. $42,258.17
d. $41,154.33
In: Economics
Consider the Cobb-Douglas production function Y = eb0 K b1 Lb2 eui where Y, K and L denote real output, real capital input, and real labor input, respectively. The data for estimating the parameters of the production function are given in the Excel data file productionfunction.xls.
Production Function:
Y | K | L |
100 | 100 | 100 |
101 | 107 | 105 |
112 | 114 | 110 |
122 | 122 | 118 |
124 | 131 | 123 |
122 | 138 | 116 |
143 | 149 | 125 |
152 | 163 | 133 |
151 | 176 | 138 |
126 | 185 | 121 |
155 | 198 | 140 |
159 | 208 | 144 |
153 | 216 | 145 |
177 | 226 | 152 |
184 | 236 | 154 |
169 | 244 | 149 |
189 | 266 | 154 |
225 | 298 | 182 |
227 | 335 | 196 |
223 | 366 | 200 |
218 | 387 | 193 |
231 | 407 | 193 |
179 | 417 | 147 |
240 | 431 | 161 |
In: Economics