Other Economics Answers

Q 1(a). What are the supply schedule and the supply curve and how are they related ? Why does the

supply curve slopes upward

Thomas Private Limited Company is about to start production of new products to

sell to customers. Before the start of the new production, it costs the company $

200,000 to construct the factory’s building. Once the construction is over, the cost

per unit of production is estimated to be birr 20. Upon selling, the company will

incur a 20% commission expense. Moreover, the price per unit of products is

decided to be Birr 50.

Required:

a)

Construct the total cost equation in terms of quantity.

b)

Determine the break-even quantity (Revenue)

If the cost of Production given by C=50+Q+Q and the demand function is P=40-Q, then what is the profit maximizing level of production for the monopolist

Name two types of amortized loans. 

which industries are affected by the Russia-Ukraine conflict when the USA and European countries imposes sanctions on Russia. (You are allowed to choose more than one industry)

Provide an in-depth discussion on how the sector is affected and what impact will that have on the South African economy as a whole. Cite empirical evidence and news to support yourself.

What is the new price if the government impose K2.00 to K10.00?

Explain the purpose of regulating the boundaries that exist with the financial system

how you can help in the preservation and appreciation of the diversities of the human origins. Reflect on how evolution can be applied in your everyday life.

Does the idea that all cultures and customs should be respected, decrease instances of

discrimination based on race and/or culture?

If each culture is entitled to its own beliefs and culturally accepted practices, is it ever

acceptable to be intolerant of another person or belief?