Questions
Suppose at the price of $8 per ton of flour, quantity demand for flour is 50...

Suppose at the price of $8 per ton of flour, quantity demand for flour is 50 thousand tons. However when price changes to $12 per ton, quantity demand for flour decreases to 40 thousand tons and at the same time quantity demand for rice increases from 20 thousand tons to 35 thousand tons.

  1. Calculate Price Elasticity of Demand for flour and comment.

  1. Calculate Cross Elasticity of Demand between rice and flour and comment.

In: Economics

When talking about fertility choice, we define the indifference curve as the combination of number of...

When talking about fertility choice, we define the indifference curve as the combination of number of children and consumer goods that offer a household the same level of satisfaction. Due to changes in preferences and benefit of children, the indifference curve may become flatter for developed countries while it is steeper for developing countries. In this model, what does the slope of the indifference curve measure? Interpret why the indifference curve is flatter for developed countries and steeper for developing countries.

In: Economics

Please discuss the following question in your own words 300 word on the following question Choose...

Please discuss the following question in your own words 300 word on the following question

Choose a real health care organization to study. Interview 1 key leader who is involved in the organization's health care delivery. Based on questions asked and answers given, the report will summarize the questions and answers and then present detailed information evaluating the following: ethics and workplace diversity programming of the organization and these changes may impact may impact operations and budgets.

In: Nursing

A retailer of lawnmowers is considering changing the prices of some of his products. A pricing...

A retailer of lawnmowers is considering changing the prices of some of his products. A pricing consultant advises him to consider the IRPs of the consumers in his market.

(a) Formulate a survey question that the retailer could use to measure consumers’ IRPs.

(b) Assume that the retailer is currently selling a particular lawnmower for $269. If the retailer’s research determines that the IRP of most consumers for this lawnmower is the range from $250 to $299, what are the implications of knowing this for possible price changes on this product?

In: Accounting

Please discuss the following question in your own words 300 word on the following question Choose...

Please discuss the following question in your own words 300 word on the following question

Choose a real health care organization to study. Interview 1 key leader who is involved in the organization's health care delivery. Based on questions asked and answers given, the report will summarize the questions and answers and then present detailed information evaluating the following: Interdepartmental interaction, and communications of the organization and these changes may impact may impact operations and budgets.

In: Nursing

When answering parts a and b, draw the relevant Phillips curve. Using a short-run Phillips curve,...

When answering parts a and b, draw the relevant Phillips curve.

  1. Using a short-run Phillips curve, what is the effect on the unemployment rate if the inflation rate unexpectedly rises.
  2. Using a long-run Phillips curve, what is the effect on the unemployment rate if the inflation rate rises and people expect the rise.
  3. Explain how your answer to part a about the unexpected rise in the inflation rate changes in part b as the inflation rate becomes expected.

In: Economics

Nursing Home Industry A. What are the key determinants of the market demand? You may want...

Nursing Home Industry

A. What are the key determinants of the market demand? You may want to think about the following factors: population and demographic changes, new regulation (reform), income and wealth trends, consumer tastes and preferences, prices of substitutes and complements in consumption, introduction of new substitutes or complements in consumption, expectations about the future prices of this particular good/service.

B. Describe the current change in the determinants that has caused the demand change.

In: Economics

52 years old female who has difficulty sleeping and missing her work, she sleeps during day...

52 years old female who has difficulty sleeping and missing her work, she sleeps during day time and not night time.

I think she has insomnia and possible menopause because of her age.

  • Treatment plan, including: pharmacotherapy with complementary and OTC therapy, diagnostics (labs and testing), health education and lifestyle changes, age-appropriate preventive care, and follow-up to this visit of patient with insomnia, menopause.

In: Nursing

The US dollar has been used for decades as a medium of exchange, worldwide. Before the...

The US dollar has been used for decades as a medium of exchange, worldwide. Before the US dollar was so highly regarded, international commerce used the British pound sterling.

What causes world powers to choose to trade in one specific currency?

What does that mean for the world economy?

Why do the standard currencies change?

Do you see any changes in currency coming?

PLEASE ANSWER IN YOUR OWN WORDS NO PLAGIARISM!!!!!!

In: Economics

answer for part a,b, and c Draw and label the bond market graph covered in chapter...

answer for part a,b, and c

Draw and label the bond market graph covered in chapter 5. Then, using the graph, illustrate how the equilibrium price, yield to maturity, and quantity changes as a result of:

a. a decrease in expected inflation. Explain the movement from one equilibrium to another.

b. an increase in riskiness of bonds. Explain the movement from one equilibrium to another.

c. an increase in the profitability of business investment. Explain the movement from one equilibrium to another

In: Economics