ncalting the emplament "i dr wrkeheartty seeking emplyt are a cuded de incaded. e tted the partti worken di ed tdtermine the sieof the laber force
Q: 33. Marginal prunciple suggesta that : A. a person will be better oft is helshe com timues to imore…
A: A study of the additional advantages of an activity in comparison to the additional expenditures…
Q: The Pesfect competibon @ty is 8= 100-0.SP C (8) = 32 t o.58? Shost rm Profit Marimis i ng %3D y…
A: In perfect competition, price is equal to the marginal revenue. Profit maximizing output will be…
Q: Which of the folowing is a characteristic of large estates in Medieval Europe? A. Peasents were…
A: Peasants are the people who are agricultural laborers of low status.
Q: Geal The gal of is etudy youlle Madal Madelinglv prelar bih Ywilling varible- been done for yo You…
A: Introduction Here demand and supply price for the shirt has given. Table of demand and supply price:…
Q: The figum to the right shows he matet for g The mtt ofa, Now eeose produers decide t o, hoder Hitely…
A: Here, the given graph shows the market demand curve and market supply curve with the initial price…
Q: playing a called Jame O Suppox Edie and Joshug ane « Chicken! They eaih drive thair car down the…
A: Since you have asked multiple questions, we will solve the first question for you. If you want any…
Q: How ला iem गनीन एटिनिण गुपब तष०ण peape emplyed and Pere are 20 millien peepfe net in te laben Berce…
A:
Q: Mayer 2 Meer Flase.cod..a wy epulb tegi) does the abee e hre 043
A: P1 /P2 X Y Z A 6,6 8,20 0,8 B 10,0 5,5 2,8 C 8,0 20,0 4,4 When P1 plays A ; P2 select 20…
Q: *.When she came, the electricity (be) off- is were was has O comes
A: aNSWER IS GIVEN BELOW
Q: Smaitown has 140 residents and hwo motle phone provders Verton and ATAT Each fms costs FC S0, MC $10…
A: Formula:- TR=Price×QuantityTC=Marginal cost×QuantityProfit=TR-TC Given; MC=$10 FC=$0
Q: In ,e çompeti tive monket nhere Hhey tomand Hive morket whre Hhen femain d and fe suply function is…
A: Demand : 40-2p Supply: 5+3p Equilibrium: Demand=Supply 40-2p=5+3p 35=5p p*=7 q*=26
Q: occurred because: ters FF EE FF EE Textiles
A: The diagram above shows two production possibility frontiers for an economy. The movement of the…
Q: QUESTION 13 Assume a conpany is importg music boxes classifed as 9208.10.0000. Aso assue the musc…
A: Answer -
Q: Suppose that a paving company produces paved parking spaces (a) using a fued quantity of land (T)…
A: Cost minimization is a production technique used to mix the factors of production to produce the…
Q: ir CRLCH Lur
A: The formula to calculate CPI ( consumer price index) is
Q: 32. TC curve A. O Rises continously
A: TC is the sum of TVC and TFC i.e., TC = TVC + TFC Where TC is the total cost TVC is the total…
Q: Linder which of the folowing anamples isikay that he acounting proft is pasitive and the econame…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: 1. The single most importart elemert in menagerial econorics is the microeconomic theory cf the…
A: Answer is Option (A) True
Q: Complete the table below Quantity TC TVC AFC ATC…
A: Fixed cost is the cost that remains same at all level of output. Variable cost change with different…
Q: rcad a newspaper teport that compares wages paid to empioyees at Starbucks in India and an the…
A: A newspaper article compares wages paid by Starbucks to its employees in two countries - the I and…
Q: Fill in the blarks: Durang A year of aperafion, a benm collects $293o0 in aevenue &spends $25,000…
A: Given, Revenue = $29,300 Spending = $25,000 Money provided to firm = $100,000 Interest rate = 10% or…
Q: Q3: Leada ship paucess at givihg pupose girchg pupese fferd we Concephite ndicisual is a CIncaning…
A: Leadership is the concept in which leaders lead their subordinates and manage all the business…
Q: Startung trom keng run eailium, ita suditen decrease en houtetd weath cnes a un AD th coamy…
A: Aggregate demand refers to a curve that shows the total quantity of goods and services purchased at…
Q: Explain mohivation PowN yot"?
A: Power is something which makes a person more powerful. For example,when Hitler got power,he became…
Q: Afcasible production combination for a firm producing/twO: outputs must.be (aOutside tlie pröduction…
A: Economics is a social science that describes human behavior regarding their unlimited wants in terms…
Q: The short nm can bẻ defined as any period of time: Léss thần one year (bylnwhichstome imputs are…
A: Short-run generally shows the idea that an economy will behave differently depending on the length…
Q: a sad 000E2S pag 000's spas pu do 00525 sed weal sad 005 sagar an eat ad o009 wag sa panga000$ maand…
A: An economic profit or loss is the difference between the revenue received from the sale of an output…
Q: Q6 An has an agriultural industy and a tatile industry. Each economy unit of agricutural autput…
A: There are two industry Agricultural and textile. One unit of agricultural output needs 0.4 unit of…
Q: Imaminmogmaycempony Cenumens by hल पमणालण्णंी ना ना on asamd Hambireno. The fived bosket Comsinto…
A: Given,
Q: part a, b, and c
A: Presence of each store will increase the gross profit of departmental-store, toy-store, shoe-store…
Q: Apr rwth amontoics Gan mee the lewn eoonoms n thur and can ow the lwn in 2 hours Atudentcoomce hort…
A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…
Q: nly varable nputa jantorial service fm uses to clean offices s workers who are S10 an hour Each…
A: W Output VC AVC MC 0 0 0 1 4 10 2.5 2.5 2 8 20 2.5 2.5 3 12 30 2.5 2.5 4 16 40 2.5…
Q: Plot the collowng hpothenical morokdnnd com supplyocchedulerur commod ty X Quantity Denanded mite…
A: Demand for a commodity refers to the number of units that a buyer desires and able to purchase from…
Q: The margnal oot of a product can be thought of as the cost of producing one adonal und of oout For…
A: Given: The marginal cost of producing the 10th product is = $6.20 The production increases from =…
Q: Descrbe the reonshp bitwen the unengyment rte nd the natuune ment te esten teing po andbeng ve When…
A: The answer is - A. is less than, is greater than when the output gap is positive the unemployment…
Q: Plz do it asap
A: Meaning of Health Economics: Here, the term health economics refers to the factors of all the…
Q: Knowing what you know about char reinforce difficult concepts: O a. Addressing particular reade O b.…
A: Technical document The technical document is that document which use to explain the functionality,…
Q: Refer to the dagranheght The daterence eteen curves F and Gmeasures DA ad costs OB margina costs OC…
A: The fixed cost refers to the cost which does not change with change in level of output.
Q: ACTIVITY: 005 A. Complete the following table using data below: FC VC AVE. TC MC OUTPUT 1. 6. 10 16…
A: Fixed cost refers to the cost incurred by the firm that is independent of the output. Whereas,…
Q: e) Suppose that the marginel product P lalaur for Windheek Manufacture Company's production is 3…
A: MRTS = MPL/MPK
Q: Q2/ vocabulary: find the suitable answer 1- Para'cetamol is an. . remedy for headaches. AL effective…
A: The English is considered to be a comprehensive language, and is one of the most widely used…
Q: selve the ana fallowng muximiz ation pieblen. Max st lx| + iyl =
A: *Answer:
Q: ques 5
A: A market is a place where the buyers and the sellers interacts with each other and the exchange of…
Q: Nimbus, Inc., makes brooms and then sells themdoor-to-door. Here is the relationship between…
A: “Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…
Q: The sccompanying inypothetical production possialtes tables are for New Zesiand and Spain. Each…
A: Note:- Since we can only answer up to three subparts, we'll answer the first one. Please repost the…
Q: 13| Marzinal costis the change is cot thar sesuliy IroI & OnG UNILICICAGANI 2. Price b. Cost 00m 化:…
A: Marginal cost refers to the amount of additional cost incurred in the process of increasing one more…
Q: 20) A contruction boom ocoun and many of the ew buildings ed plywood or thir framing Which of the…
A: Since you have asked multiple question, we will solve the first two questions related to the same…
Q: SI. Which ty the fallowing atatementy ir /are TRUE Cendrining average A. AFC contimues to dedine as…
A: Average Fixed Cost (AFC) is total cost per unit of output. AFC=TFC/Output A. As output increases AFC…
Step by step
Solved in 2 steps
- 23 Ofal unempyt rtetatiies mi a everstate the antf unyleymet by incleding partime workers inthe cal hi understale the a f unmployt by echaing pei worken in the tio to enentate the ant of unmplet becae of the prence of "d ed workes whe wm actively weking emplyment. di understate the amot of unemployt hecae of he prenee of raged" wke whe are ttively seking emleymt.Why Caltie is evapertant in glehel wopertant in glabal MaRead the following paragraph: Aoccdrnig to a rscheearch at Cmabrigde Uinervtisy, it deosn't mttaer in waht oredr the ltteers in a wrod are, the olny iprmoetnt tihng is taht the frist and lsat ltteer be at the rghit pclae. The rset can be a total mses and you can sitll raed it wouthit porbelm. The fact that you could read this paragraph is most likely due to? top-down processing continuity bottom-up processing occlusion
- The backward-bending supply curve for labour exists- (A) Only in inflationary conditions doid W (B) Wherever income effect overcomes substitu- tion effect basmob ar C, lagualUnder what conditions will a form shit down temporarily m? Explain using a diaYou are HR di, ector for a growing law firm in Tampa, Florida, which cu."ently has need of writing 30 legal briefs every hour. Each of your company's attorneys can write on average five briefs per hour. You are consid ring hiring four paralegals to shoulder the load; each pa alegal is a bit slower than the attorneys and can write on average only 2.5 briefs per hour. You scan the current wages in the Tampa area and notice that the attorneys in your company earn the local occupational median wage of $41.64 per hour, but that the prospective four paralegals will likely want to get paid their local occupational median wage of $23.66 per hour. a. Would /our company save money in the writing of the 30 legal briefs by hiring the four paralegals and firing some attorneys? b. The local Tampa Paralegal Union has observed that the Bureau of Labor Statistics projects that employment of paralegals over the next decade will rise considerably faster than the employment of lawyers…
- Explain how the wage can adjust to balance thesupply and demand for labor while simultaneouslyequaling the value of the marginal product oflabor.1 Given the papalation MO00, perple not in the laher farce: 2009, auid ihe peapla unemployed 3000 eple ant in the later feree 2000, d he peaple The laber force s 10,000 d Neme nf the above 2. irthe lahur forre a so00, the pepulatien 10,00 nd the unemplayed arr 30n. The laber foree partieipation rate i: d. None of the abeve 3. Strurtural unemplayment is deflned a: a- The unempleymrnt rate that eeruaa nrmal part of the fanttiuning ef the reniemy b The pertion of unempliyment that is der to changrs in the strecture of the ennemy that resul inignilcaet los ef jeln in certaln indestrien e The pertien of enemployment that is due to the burmal turmer in the laber market d Nane ef the abeve. Contrasting labor union lews in twe states Consider two states that adopt afferent lews concerning labor unions. The following graph shows the lebor market in a state in the North. Initiay, the market-clearing wage there is s8.00 per hour. Suppose that the legislature in this northern state pesses laws that make Reasy for workers to join a union. Through collective bargaining, the union negotiatesa wege of s10.00 per hour. Use the graph input tool te help you answer the following questiens. You wil not be graded on any changes yeu make to thi graph Graph Ingut Tool Market for Labor Wege (Dolars per hour) 2.00 Labor Demanded (Thousand workers 1,400 Labor Suppled (Thosands of workers) 200
- Question 4Andrea Mowry is a knitwear designer, and she has a firm DreaReneeKnits. She uses knittersas labour and only uses one variable cost – yarn – and one fixed cost – the price of knittingneedles. She pays R100 for a knitter, R50 for yarn and R100 for knitting needles. Use thisinformation to complete the table values askes and questions below.Labour TP MP AP TFC TVC TC ATC MC0 0 - - 100 0 100 - -1 2 2 2 100 150 250 125 1502 5 (a) 2.5 100 300 (d) (e) 66.673 9 4 3 100 450 550 61.11 (f)4 12 3 (b) 100 (c) 700 58.33 505 14 2 2.8 100 750 850 60.71 75 a. Complete values a-f.b. Using to the law of diminishing returns, place the concepts in order in which theyreach their turning points: average product, total product, marginal product. c. In the example above, at what value does average total cost and marginal cost…Leadbelly Co. sells pencils in a perfectly competitiveproduct market and hires workers in a perfectly compel·ilive labor market. Assume tha t the market wage ra le forworkers is $150 per day.a. What rule should Leadbcily follow to hire theprofit-maximizing ammmt ol labor?b. Al the profit-maximizing level of output, the marginal product of the last worker hirro is 30 boxesof pencils per day. Calculate the price of a box ofpencils.c. Draw a diagram of the labor market fo r pencil wo.rkers (as in Figure 4 ol this chapter) next to a diagramof the labor supply and demand for Leadbelly Co. (asin Figure 3). Label the equilibrium wage and quanti tyof labor lor both the market and the lirm. How arethese d iagrams related?d. Suppose some pencil workers switch to jobs in thegrowing computer industry. On the sidc,-by-5idediagrams from part (c), show how this changeaffects the equilibrium wage and quantity o( laborlor both the pencil market and lor Leadbelly. Howdocs this change affect the marginal…The population of Ectenia rs 100 people: 40 workfull-time. 20 work hal f-time but would orefer to workfull-time, 10 are looking for a job. 10 would like towork but are so discouraRed thev have Riven up looking.10 are not interested in working because theyare fu ll-time students. and 10 are retired. What is thenumber of unemoloved?a. 10b. 200 :'10d. 40