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Find the slope, x-intercept, and y-intercept of y=0.4x+12,000


Y=0.4x+12000


When gasoline prices are high, many people who must _ a lot do not have the money to spend on other _ products


A consumer has been consuming good 'x' and good 'y'. The two goods are substitutes. With an aid of a diagram, describe how the budget line behaves when the price of good 'x' increases

 the left-hand side of the following graph shows market demand and supply curves in a competitive market. draw the demand facing a competitive firm selling in this market on the right-hand graph. a) what is the firm’s marginal revenue from selling the 200th unit of output? b) what is the firm’s marginal revenue from the 400th unit of output?


Name the three hypotheses of countries' failure as hypotheses that cannot fully explain why some countries are progressing and others are lagging behind. And explain


What is the meaning of industrialization policies? Name and explain an argument for and against these policies


How can investing in physical and human capital lead to economic growth?


A cafeteria which offers pastries to its customers sells them at P 60 per dozen. In producing pastries, it incurs a semi-annual fixed cost of P 2,400 and an average variable cost of P 3 per piece. (1) How many pastries should the cafeteria produce to earn profits? (2) If a customer orders two hundred dozens of pastries in a year at 10% discount on its price per piece, should the owner accept the order? Why?



A four-storey industrial building has a depreciated value of P890,000 at the start of 18th year and has a salvage value P50,000. What is the total depreciation during the 8th year? Use double declining balance method.


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