Economics of Enterprise Answers

he law that forbids the sale of human organs, but allows their voluntary donation. This means that there is a bigger shortage of kidneys than there otherwise would be. Does this fact alter your view of the law forbidding the sale of human organs? How about blood?

Q1)The following information is extracted from the National Income Accounts of an economy. Particulars Values Exports of goods and services 130
Depreciation 525
Government expenditure 450
Gross domestic investment 750
Imports of goods and services 135
Personal consumption expenditure 27, 500
Find the value of net domestic product

Explain the type of pricing strategy that you as the manager of a company would implement for Good
X and Good Y with the following price elasticity of demand co efficients. Use diagrams to motivate
your answer.
a). Good X: 2.3 (10)
b). Good Y: 0.6 (10)

The value of the market basket in the base year is $36,700. How much is the price index in this year?

In macroeconomics, an aggregate is a collection of which of the following?

Specific economic units treated as if they were many units


General economic units treated as many units


General economic units treated as if they were one unit


Specific economic units treated as if they were one unit

Derive the smallest value of A that includes outside investors to provide capital of $(150000-1A) to Maddox. Hint: you need to assume that Maddox will take the minimum stake as calculated In c.

two types of fiscal policy

explain the type of pricing strategy that you as the manager of a company would implement for good X and Good Y with the following price elasticity of demand co efficient. Use diagrams to motivate your answer

A company has established that the relationship between sale price for one of its product and the quantity sold per month is approximately D = 780 -10p units (D is the demand or quantity sold per month, and p is the price in pesos). The fixed cost is P800 per month, and the variable cost is P30 per unit produced. What number of units, D*, should be produced per month and sold to maximize net profit? What is the maximum profit per month related to the product?