Other Economics Answers

How has this looting of shops in south Africa have undermined the capitalistic economic system in the private ownership of the factors of production.

The following information is on a hypothetical short-run production funtion:

The price of labor is$35 per unit.Ten units of capital are used each day, regardless of output level. The price of capital is $65 per unit.

(a) fill in the table attached ( you may do this by hand or on Excel and attach in LEO)

(b)When do diminishing returns set in?

Labor

Capital Q MPL FC

VC TC AFC

AVC ATC MC

0 10 0

1 10 50

2 10 150

3 10 300

4 10 400

5 10 450

6 10 475

7 10 475

8 10 450

9 10 400

10 10 300

11 10 150

Why do economic problems persist despite various intervation from the government and other organisations

# 1 Admission by Purchase of Interest

The capital accounts of the Maniquiz and Monte Partnership on Sept 30, 2018 were:

Maniquiz Capital (75% Profit Percentage) P 140,000

Monte, Capital (25% profit percentage) 56,000

Total P 196,000

On Oct 1. Galang was admitted to a 35% interest in the partnership when he purchased 35% of each existing partner’s capital for P 100,000, paid directly to Maniquez and Monte.

Required:

Determine the capital balances of Maniquiz, Monte and Galang after Galang’s admission to the partnership.

 criterion for evaluating environmental policy that applies

Discuss whether national defense or a public park is the better example of a public good 15 mrks

how demand and supply curve are equal?how to explain the equalibiriyum happen there?

Distinguish between income elasticity of demand and cross price elasticity of demand. Include a provision of their formula.

Entry Sports Utility Vehicles (SUVs) are quickly gaining popularity among Indonesian vehicle buyers, with owners spending an median of 21 months of their household income to purchase a vehicle in this highly aspirational segment, compared with 18 months for the rest of the market, according to the J.D. Power 2016 Indonesia Sales Satisfaction Index (SSI).

As a market analyst for GM, you are to advise the management on the following scenarios, ceteris paribus :

Scenario 1: The selling price of an SUV rises.

Scenario 2: There is a massive discount on the price of a van.

Scenario 3: Consumers expect the price of an SUV will fall next year.

Scenario 4: A breakthrough automation technology help to lower the cost of producing SUVs

In your explanation, you are to cover the following:

How does each influence affect the quantity supplied or the supply of SUVs.

Draw the effects of each event by either a movement along the supply curve or a shift in the supply curve.

It has been estimated that there are about 10^29 free electrons per cubic meter in

copper. Find the average drift velocity (in units of meters per hour) of electrons in a 1.0

mm diameter copper wire carrying a 3A current. Start your clearly shown work from

the definition of current, that is the amount of charge passing a cross-section per unit

time