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1. If the minimum wage were increased to ₱75 per hour, how many of your classmates do you think would look for a job? How many jobs do you expect they would find? How is this an example of a price floor?
What would happen to the demand curve for movie tickets if the price of DVD movie rentals increased by ₱20 each?
• Total labour force 40 million.
- Number of employed =30 million.
• Natural rate of unemployment 12%.
a. Find the total unemployment rate.
b. Calculate the cyclical unemployment rate.
We are given the demand function P =100-5x at Price P=20 Find of elasticity demand?
The bottler of a popular soft drink can purchase glass bottles for $0.04 each or all-aluminum cans for $0.05 each. If the aluminum cans are used, she believes she can achieve a saving of $0.005 per can in shipping and handling costs, owing to the reduced weight. In addition, setting up a reclamation drive, she believes she can recover about 50% of the cans by offering to pay $0.10 per pound for returned cans at four return centers which she will establish in the area her company serves. The used cans weigh 20 to the pound, and she can sell the used cans to the manufacturer for $0.15 per pound. She estimates that he overhead cost of operating the return centers will not exceed 20% of the cost of repurchasing the used cans. In addition, she believes that she will obtain favorable response from ecology-minded customers. Which type of beverage container would you recommend that she use?
A market is in ___________________________ when demand is not equal to supply.Required to answer. Single line text.
If there are substantial economies of scale to exploit, a monopolist will be more productive efficient than many competitive firms in the market, and the monopolist will also be allocative efficient. How fair does the claim goes to be valid (agreeable), and which part makes it disagreeable. Provide justification for both the valid and invalid points.
Korean Pop Princes BTS have become vegan and tell all of their fans to stop eating beef because it’s murder. How will this affect shortage, surplus equilibrium price and quantity? What factor caused the change?
Veterinarian scientists discover a vaccine for Bovina Anaemia, a disease that kills 1 in 10 pregnant cows each season. How will this new drug affect the equilibrium price and quantity? Which factor caused the change?
in depositor virus saving & loan association (S & L) , Suppose that the s&l CAN INVEST
