Other Economics Answers

Explain the basic economic problem of scarcity

The demand for tickets to an ethiopian camparada film is given by D (p) =20000-10000 p,where is the price of tickets is 12 bir calculate elasticity of demand for tickets and draw the demand curve

13: What is the impact of climate change on low- and middle-income countries, and how are they responding to adapt and increase their resilience?

12: What is meant by “environmentally sustainable economic development”? Are there serious economic costs for pursuing sustainable development as opposed to simple output growth, and how is the responsibility for global environmental damage being borne by different countries?

11: As nearly half the people in low- and lower-middle-income countries still reside in rural areas, and a large majority of those living in extreme poverty are rural, how can agricultural and rural development best be promoted?

3: With world population approaching 8 billion people, on its way to a projected 10 billion shortly after mid-century, is rapid population growth threatening the economic progress of low-income countries? 

Why do poor families have more children than families that have moved out of poverty? Does having large families make economic sense in an environment of widespread poverty and financial insecurity?

A management college located at Kathmandu brought a college bus on 1st January 2014 for RS 225000 with estimated useful life of five years with scrap value of RS 25000 after expiry of useful life. On 1st July 2017 number of student admitted in college increased and purchased another bus RS 500000 with 10 years life and zero scrap value. Accounts are closed on December 31st, each year.

Required: Bus account for the first 5 years.

A company wants to select a sample of 1200 customers for a marketing survey in four

districts. The following data are availableMarketing

region

Population

Frequency

Variability

(standard

deviation)

Cost per unit

(Zambian

kwacha)

District 1 18000 4.3 18

District 2 600 6.4 10

District 3 12000 9.4 39

District 4 24000 7.1 24

a) How many persons should be selected from each district;

i) In proportion to the population frequency in each district;

ii) In proportion to the population frequency and variability in each district;

iii) In proportion to the population frequency, variability and cost per unit in each

district?

To what extent do economics teachers in South Africa comply with the continuous assessment guidelines?

firms s is the only producer of a particular type of foam fire retardant and insulation used in the construction of commercial buildings. the inverse demand equation for the product is p=1500-0.1q,where q is the annual sales quantity in tons and p is the price per ton