Questions
Explain the following:( I ) Complete elimination of corruption. ( II ) Setting practical goals with...

Explain the following:( I ) Complete elimination of corruption. ( II ) Setting practical goals with achievable targets. ( III ) Emphasis on development of human capital in the country as well as awareness amongst the masses about the development plans. ( IV ) Decentralization of execution and accountability to be entrusted to the masses for local execution of the plans. ( V ) Development plans should be designed after widespread consultation with important stakeholde

In: Economics

Given that you are a vice-president of a corporation and you will need to explain to...

Given that you are a vice-president of a corporation and you will need to explain to your board, when asked, how would you explain the major features of monopolistic competition compared to pure competition and pure monopoly?

In: Economics

A short paper on the meaning of our Democracy? Are we a Democracy?

A short paper on the meaning of our Democracy?

Are we a Democracy?

In: Economics

Production quantity: 4200 units Total labor fee: $ 12600 Ingredients: $ 21,000 Fixed cost: $ 7000...

Production quantity: 4200 units
Total labor fee: $ 12600
Ingredients: $ 21,000
Fixed cost: $ 7000
Total: $ 42,700
Unit selling price: $ 15.

This business:
a) Calculate the marginal cost?
b) Calculate your marginal income?
c) According to the marginal cost method, the price is $ but if it does not, calculate the total income?
This business wants to open up to X market abroad. Information about the X market is as follows.

Production quantity for X market: 800 units
Unit sales price for market X: $ 10
25 cent shipping cost per unit for market X
For the X market, the additional fixed cost that should be covered is $ 0.
In line with this information;
d) Calculate the marginal cost for market X?
e) Calculate marginal revenue for market X?
f) Calculate the total income in the case of no pricing for the market X according to the marginal cost method?
g) Should this business be opened to this X market abroad, based on your findings? Why is that?

In: Economics

1. An entrepreneur starts a small firm with one machine, and a small factory space and...

1. An entrepreneur starts a small firm with one machine, and a small factory space and employs one person initially. With the aid of appropriate diagrams/table and theory, explain the process of production as he increases his output. Indicate clearly what law governs this process of production, the variable and the fixed factors used by this entrepreneur.

In: Economics

Compare the structure and independence of the centeral bank of England and Canada. *Information should be...

Compare the structure and independence of the centeral bank of England and Canada.
*Information should be up to date

In: Economics

Discuss how the Hollywood Production System influenced the making of Captain Blood (1935) or Rebecca (1940).

Discuss how the Hollywood Production System influenced the making of Captain Blood (1935) or Rebecca (1940).

In: Economics

What happens to interest rate, output, prices and wages; as government expenditures decrease within a general...

What happens to interest rate, output, prices and wages; as government expenditures decrease within a general equilibrium framework?

Could you please draw related graphs to explain?

Thank you!

In: Economics

During the pandemic, stockpiling behaviour have been criticized in the newspapers and described as irrational. From...

During the pandemic, stockpiling behaviour have been criticized in the newspapers and described as irrational. From a game theory perspective, stockpiling of toilet paper or pasta can be modeled as a prisoner’s dilemma game where individuals anticipate that supermarket will run out of stock. Explain strategic interactions behind the stockpiling behaviour, and why they can be modelled as the prisoner’s dilemma game

In: Economics

Summarize the rules of thumb that are likely to be followed today in enforcing the parts...

Summarize the rules of thumb that are likely to be followed today in enforcing the parts of the

U.S. Antitrust Laws related to

          a) price fixing, output limiting or market share fixing.

          b) corporate mergers.

          c) predatory pricing

          d) refusals to deal

In: Economics

Using well labeled, self drawn diagrams and words that clearly refer to and explain these diagrams,...

Using well labeled, self drawn diagrams and words that clearly refer to and explain these diagrams, describe how the net benefits from proposed regulations to reduce the sale of unsafe or defective products or to reduce the incidence of fraud perpetrated on consumers or on investors can be determined

In: Economics

PROMPT:  The article indicates that in the year 2016 the number of households earning less than the...

PROMPT:  The article indicates that in the year 2016 the number of households earning less than the Federal Poverty Line ($24, 300 for a family of four or $11,880 for a single adult) represented 10.5% of the population of New Jersey, but that the number of households earning more than the Federal Poverty Line but not enough to afford basic necessities ($74,748 for a family of four or $26,640 for a single adult) represented 28.0% of the population of New Jersey. The households that have incomes above the Federal Poverty Line but are unable to afford basic necessities are called ALICE (Asset Limited, Income Constrained, Employed).

Comment on the disparity between the Federal Poverty Line and the ALICE level.

The households in the ALICE category have one or more adults working to earn an income. What role should the individual, government and other members of society play in addressing the shortfall between the household income and the amount needed to afford basic necessities?

Does the Household Survival Budget detailed in the report seem reasonable to you? Are there other categories of expense that should have been included?

In: Economics

Use the 4-Step Approach to analyze the effects on the house market of the following conditions:...

Use the 4-Step Approach to analyze the effects on the house market of the following conditions: Prices for houses are expected to drop this coming winter.

In: Economics

Create your own demand curve for a product you buy on a regular basis. Clearly label...

Create your own demand curve for a product you buy on a regular basis.

Clearly label your graph and include a demand schedule.

In: Economics

Research relationship between contracts and promises, and write, 1) summarizing whether you believe that contracts are...

Research relationship between contracts and promises, and write, 1) summarizing whether you believe that contracts are promises; 2) analyzing whether and why contracts and promises should be treated the same or differently; and 3) in your analysis, consider the potential economic, legal, and moral consequences of your answers. You may wish to review this article along with other resources from Westlaw or JSTOR before beginning to write your answer.

In: Economics