Economics Answers

What is the role of the government, consumers, and producers in the informal sector?

Redundacy is one of the cosequence of current economic change in tanzania economy briefly explain the 5 impact of this situation

Redundacy is one of the cosequence of current economic change in tanzania economy briefly explaon the 5 impact of this situation

Colin is the managerial accountant in charge of Company A, which
sells water bottles. He previously determined that the fixed costs of
Company A consist of property taxes, a lease, and executive salaries,
which add up to $100,000 per year. The variable cost associated with
producing one water bottle is $2 per unit. The water bottle is sold at a
premium price of $12.
a) Prepare B.E. chart. b) What volume per month is required in order to break even?
c) What profit would be realized on a monthly volume of 60,000
units?
d) What volume would be needed to obtain a profit of $ 20,000
per month?
e) What volume is required to provide revenue of $ 40,000 per
month?

1) which of the following is incorrect about imports in Keynesian model?
• they not always taken as independent of the level of income
•increase when the level of income increases
•decrease when the level of income increases
•

Demand curve for an imperfect market is given as 100/(1+P)2 what price will the firm charge to maximize profit mc is equal to 2

suppose that the price of basketball tickets at your college is determined by market forces
currently the demand and supply schedules are as follows:
price quantity demanded quantity supplied
4 10000 8000
8 8000 8000
12 6000 8000
16 4000 8000
20 2000 8000
a] draw the demand and supply curves what is unusual about this supply curve?why might this be true
b] what are the equilibrium price and quantity of tickets
c] your college plans to increase total enrollment next year by 5000 students the additional students will have the following demand schedule:
price quantity demanded
4 4000
8 3000
12 2000
16 1000
20 0

now add the old demand schedule and the demand schedule for the new students to calculate the new demand schedule for the entire college what will be the new equilibrium price and quantity?

Based on the Samsung 2018 Financial Statements

1) What is the inventory costing method used by Samsung? Is the method appropriate given what you know about Samsung's business or industry?

2) Explain the importance of the lower of cost and NRV as applied to Samsung's inventories, given what you know about its industry. Apply this to the incident in 2016 relating to its Galaxy Note 7.

Refer to: images.samsung.com/is/content/samsung/p5/global/ir/docs/2018_con_quarter04_all.pdf

WXYZ is a nation run by an elected government. WXYZ is also having trade relation with many other states. Explain a hyoothetical circular flow of income for WXYZ with the help of a diagram.

for a single price monopolist, why is marginal revenue less than price