Economics Answers

How will Eskom's intervention of covering up for all the debts and coal shortages impact on consumers?

Explain how the increases and decreases in the supply of money and the demand for money can impact interest rates and why.

3. In your own words, explain the difference between open market operations, the federal funds rate, the discount rate and the required reserve ratio.

The chart describes a blank tax system. In the tax system,higher income earners pay a(n) blank proportion compared to lower income earners

1.A company is planning the launch of a new product. It must choose one product from three available projects and has estimated the following data.
Product A Product B Product C
Annual Sales 680 900 1200
Unit Cost 680 900 1200
Fixed Cost 200000 350000 500000
Product life 3 years 5years 8years
Selling price 760 1000 1290
a.Appraise and recommend a product.
b.Write the total project cost of the company if all three products are launched?
c.Point out the environmental factors you would recommend the company in making decisions regarding the new product?

Why Indirect Taxes is included in Net National Disposable Income despite being transfer payment within domestic country and other domestic current transfers are excluded.

Use the table that follows to answer the following questions. The table uses index numbers to describe the values of K, L, w, r, and Q for a business firm at three points in time. K and L are the amounts of capital and labor used in the production process. The price of labor and capital are given by w and r respectively. Q is the level of output produced. Use the midpoint method for all elasticity calculations.
Period K L w r Q
1
100
100
100
100
100
2
99
105
95
100
105
3
102
103
95
105
110
A. Using data from periods 1 and 2, compute the own-wage (w) elasticity of labor demand.
B. Using data from periods 2 and 3, compute the cross- elasticity of labor demand with respect to the price of capital (r). Are capital and labor gross substitutes or gross complements?
C. Using data from periods 1 and 2, compute the elasticity of substitution of labor and capital.

The rate of interest is a price:
a. Of what is it the price? (1 mark)
b. What determines this price? (Sketch a relevant graph of the money market). (2 marks)
c. What factors influence the demand for money? (2 marks)
d. What factors influence the supply of money? (2 marks)

Which sector is oligopoly most prevalent in Papua New Guinea economy

Which would be a potential negative externality of a new miracle cure for the flu that consumers can purchase?