Other Economics Answers

Questions: 5 516

Answers by our Experts: 5 389

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Search & Filtering

Klear Garments Limited a clothing company needs your help in getting market in Nsambya, advise on the possible segmentation bases which they can use? Support your illustrations with examples.


Top Plastics Ltd makes and sells a single product. In September 2021, it produced and sold 30000 units. Information for September 2021 was: Selling price per unit------------------------------------------$25 Direct materials cost per unit -----------------------------$6 Direct wages per hour ---------------------------------------$9 Variable manufacturing overhead per unit-----------$2 Variable selling expenses per unit-----------------------$4 Fixed manufacturing overhead---------------------------$160,000 Fixed admin and distribution costs----------------------$50,000 Direct manufacturing labor per unit ------------------20 minutes Required: (a) Compute for product costs under Marginal costing (4%) (b) Compute for product costs under Absorption costing (4%) (c) Prepare income statements for September 2021 by using: (I) Marginal costing (variable costing) (9%) (ii) Absorption costing (8%)


Please explain in three well-structured paragraphs the impact of a change in the savings rate on the output.


In Novi's market, the P intercept of the demand curve is at the point (0,15) and the P intercept of supply curve is at the point (0,6). The point of intersection of demand and supply curve (Equiblibrium) is (15,8)

a. Plot the demand and supply curves and indentify the equilibrium

price and quantity

b. Suppose that price is measured in S and the quantity of good in

tonnes per day and that a tax $4 per tonne is impossed.

c. After tax, The quantity moved became 10


Discuss the effects of global stratification on the life of people around the world.
How have international agreements and organizations influence economic globalization?


Evaluate this statement by Goodin in 1995 in reference to the theory of second best and share your opinion on the validity of this statement.

'The same [lesson from the car case] applies [. . . ] to our social and political prescriptions. In the best of all possible worlds, we would like all of our ideals to be realized simultaneously. [. . . ] Ideally, we would like to attain liberty, equality, fraternity and material prosperity, all at one and the same time; but the classic trio might prove sociologically feasible only under conditions of severe material scarcity'. (Goodin, 1995, 53)



DEVELOP RESEARCH PROPOSAL FOR ASSIGNMENT 1 UNDER THE TOPIC THE IMPACT OF COVID 19 ON GLOBAL RESTSURANT AND HOSPITALITY INDUSTRY



On March 29, 2019, Jane borrowed $1,550 from her sister and promised to pay her $2000 after 3 years. With annual compounding, find the implicit rate of interest for this loan.  (round to the nearest decimal place) 


G&G Consulting has just realized an accounting error that has resulted in an unfunded liability of $455,950 due in 35 years.  In other words, the company will need $455,950 in 35 years.  Dave Green, the company’s CEO, is scrambling to discount the liability to the present to assist in valuing the firm’s stock.  If the appropriate discount rate is 9 percent, what is the present value of the liability? (round to the nearest $1).

QUESTION #3

Suppose you would like to buy a house that is currently on the market at $95,000, but you cannot afford it right now. However, you think that you would be able to buy it after 5 years. If the expected inflation rate as applied to the price of this house is 9% per year, what is its expected price after five years? (round to the nearest decimal place)



LATEST TUTORIALS
APPROVED BY CLIENTS