Economics of Enterprise Answers

Suppose you won $15 on lotto ticket and decided to spend all the winnings on candy bars and bags of peanuts. The price of candy bars is$ 3 and the price of peanuts is $1.50.

a. Construct a table showing the alternative combinations of the two products that are available (10pts

Using Porter’s competitive forces, explain the reasons
for the deterioration of abaca as a major export earner of the country?

Find the annual payments to extinguish a debt of P10,000.00 payable for 5years at 12% interest *

How mixed economy countries was before and after with covid 19 and how they deals with it?

. 70% of working population of India is engaged in:

(a) public sector
(b) primary sector
(c) secondary sector
(d) tertiary sector

Maryann is planning a wedding anniversary gift of a trip to Hawaii for her husband at the end of 5 years. She will have enough to pay for the trip if she invests $5,000 per year until that anniversary and plans to make her first $5,000 investment on their first anniversary. Assume her investment earns a 4 percent interest rate, how much will she have saved for their trip if the interest is compounded in each of the following ways?

a. Annually b. Quarterly c. Monthly

Calculate elasticities for the following cases with appropriate names. Identify what types
of goods they are, and comment on the value of the elasticity, i.e., elastic or inelastic:

a) A 10 percent increase in the price of cars reduces the quantity demanded for cars by 4
percent.

b) A 10 percent increase in the gasoline price reduces the demand for new cars by 4 percent.

c) A 10 percent increase in the income reduces the demand for used cars by 4 percent.

In what condition does the operator chooses to continue the production in the 3rd stage of production although it loss to do so?