Other Economics Answers

Explain any five characteristics of national planning process.

Explain why national panning is both a political and a bureaucratic process.

The five primary activities of the value chain and four activities that support the value chain. Take the nine activities below and drag them to the proper classification (primary or secondary).

1. purchasing
2. technology
3. Inbound logistics
4. Firm infrastructure
5. Human resources
6. Outbound logistics
7. Operations
8. Marketing & Sales
9. Services

With a fixed capital of 58 million and a cost of 3 million on delivered major equipments in 2020. iT solves also recorded a gross annual sales of 33 million for the same period.what is the turn over ratio

A fabrication company engaged in production with a capacity of 150, 000 pieces per year. But, it is just operating at 70% of its full capacity. The company has an annual income of 250, 000, annual fixed cost are 50, 000 and variable costs are 1.00 pesos per unit. How many productions of parts must be produced for break-even point?

What is the value of an asset after 8 years of use if it depreciates from its original value of 500, 000 to its salvage value of 1.5% in 10 years? (Use Straight Line Method) 

A fabrication company engaged in production of a motor part has a production capacity of 700, 000

pieces per year. But, it is just operating at 62% of its full capacity due to unavailability to finance the

importation of their materials. The company has an annual income of P 430, 000.00, annual fixed cost

are P 190, 000.00 and variable costs are P 0.348 per unit. How many productions of parts must be

produced for break-even point?

I have three different questions. Can you help me about them please?

1-) Economics is the study of 

a) Production methods.

b) How society manages its scarce resources. 

c) How housebolds decile who performs which tasks, 

d) The interaction of business and government. 

e) Consumption 

2-)The statement that demand increased means that there is a 

a) Movement to the right along a demand curve, 

b) Movement to the left akong a demand curve.

c) Rightward shift of the demand curve. 

d) Leftward shift of the demand curve. 

e) Movement to the right along a supply curve. 

3-) If the price of product X falls and this change increases the demand for product Y, then 

a) x and y are complements. 

b) x and y are substitutes. 

c) x is an inferior good. 

d) y is an inferior good. 

e) all of the above

A shortage exists in a market if

a) There is an excess supply of the good.

b) Quantity supplied exceeds quantity demanded.

c) The current price is below its equilibrium price.

d) There is no demand of the good.

e) All of the above are correct.

When the price of a good is higher than the equilibrium price,

a) A shortage will exist. b) Buyers desire to purchase more than is produced.

c) Sellers desire to produce and sell more than buyers wish to purchase.

d) Quantity demanded exceeds quantity supplied.

e) Quantity demanded is equal to quantity supplied

Explain the benefits and detriments of putting a tax on a certain level of pollution or create a regulation that limits the amount of pollution allowed.