Other Economics Answers

Marginal cost is the amount that

Scarce means with alternative uses

Mention and explain push and pull factors of labour migration

A. Find the marginal utility of the following and explain:

• Quantity of burger = 1
• Total Utility = 53
• Marginal Utility = ?

2.

• Quantity of burger = 2
• Total Utility = 65
• Marginal Utility = ?

3.

• Quantity of burger = 3
• Total Utility = 69
• Marginal Utility = ?

4.

• Quantity of burger = 4
• Total Utility = 74
• Marginal Utility = ?

5.

• Quantity of burger = 5
• Total Utility = 83
• Marginal Utility = ?

Use the aggregate demand aggregate supply model to explain how an expansionary monetary policy can affect output/income.

Jane bought 100 shares. She sold the shares after 2 years at the price of 20. Over the 2 years, the company paid dividends of £1 and £1.50 per share each year. The interest rate remained the same for 2 years at 10%. What would be the current fair price for the stock?

what happens to the exchange rate in south Africa if there is an increase in the volume of exports to the USA

The green company produces chemicals in a perfectly competitive market. The current market price is 40, the firms total cost is C= 100+4Q+Q2

a.How would the increase in fixed cost affect the markets long-run equilibrium price? The number of firms?(Assume thag Green's costs are typical in the market.)

The advocates of ‘’Resource Dependence’’ approach believe that they want to create their monopoly and there is no need to rely on others rather others should rely on them.

In this context, discuss the BREXIT referendum initiative took by United Kingdom to exit from European Union?

Analyse the BREXIT’s impact on UK’s economy.

Develop arguments whether UK’s decision to remain aloof bear fruitful results for it?

A small farmer is more likely to operate in a perfectly competitive market than a company like SABMiller because:

A. a small business is more likely to keep close control on costs than a large firm.

B. SABMiller employs many people, whereas perfectly competitive firms are owner- managed.

C. the demand for beer is less elastic than the demand for food.

1. a small farmer supplies a small share of market supply.
2. farming is more risky than beer production.