Economics Answers

“A point at which the world is no longer able to meet the food requirements of the population, and starvation becomes the primary check to population growth.” In other words, population will outpace food production.

Discuss whether you believe this trap has been avoided for the next 100 years. Consider government policies (like China’s one-child policy), the use of genetically engineered crops, social patterns of family size, and environmental factors

the inverse demand functions of two towns for a product are given as
( Q1/2)^1/4=P and {2-Q2/10}= P find the market demand of these two towns

(A) the inverse demand functions of two towns for a product are given as (Q1/2)1/4=P and {2-Q2/10}=P. find the market demand of these two towns.

(B) the supply and demand functions for a product are defined as Q =100 and
Qd =50P^ -1/2+ 10

(i) find the equilibrium price and quantity

( ii)sketch a graph to show the results in i)above

(iii)Assume the equilibrium price is 80 cents (p=0.80)find the PES and PED associated with a small increase in price from current price of 80 cents

(iv)What is the incidence of a tax of $0.6 imposed on the producer?

the supply and demand functions for a product are defined as Q =100 and Qd =50P^ -1/2+ 10

i)find the equilibrium price and quantity

ii)sketch a graph to show the results in i)above

iii)Assume the equilibrium price is 80 cents (p=0.80)find the PES and PED associated with a small increase in price from current price of 80 cents

iv)What is the incidence of a tax of $0.6 imposed on the producer?

the inverse demand functions of two towns for a product are given as ( Q1/2)1/4=P and {2-Q2/10}=P}= P find the market demand of these two towns

Are interest rates and bond prices related?

4. Amal Automotive Company experienced the following accounting events during 2019. Received S60,000 cash from the issue of common stock. Performed services for $35,000 cash. Purchase land for $16,000 cash. Borrowed $1,000 cash from the Bank. Paid $24,000 cash for salary expenses. Sold land for $19,000 cash. Paid $20,000 cash on the loan from state bank. Paid $12,800 cash for salary expense. Paid a cash dividend of $15,000 to the stockholders Required: a. Pass general journal entries and post the entries, to T-accounts and determine the ending balance in each account. b. Prepare a statement of cash flows. Assume Amal Automotive had a beginning cash balance of $10,000.

the inverse demand functions of two towns for a product are given as ( Q1/2)1/4=P and {2-Q2/10}=P}= P find the market demand of these two towns

b)the supply and demand functions for a product are defined as Q =100 and Qd =50 p -1/2+ 10

i)find the equilibrium price and quantity {Q1/2}1/4

ii)sketch a graph to show the results in i)above

iii)Assume the equilibrium price is 80 pesewas (p=0.80)find the PES and PED associated with a small increase in price from current price of 80 pesewas.

iv)What is the incidence of a tax of Ghs 0.6 imposed on the producr?

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