Economics Answers

Microeconomics 11788 11490
Macroeconomics 9856 9669
Other 5516 5389

Questions: 34 267

Answers by our Experts: 33 209

Need a fast expert's response?

Submit order

and get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

Search & Filtering

Suppose the government pays $10 subsidy per tonne of wheat produced. Show how the subsidy affects consumer surplus, producer surplus, government revenue/expenditure and total surplus. Does the subsidy cause deadweight loss?


You work in a bank and were planning to spend Saturday going to watch your local football team with your son and daughter. However, your boss has asked you if you would help prepare some important financial data for some new regulations that are being introduced by the government. It is not compulsory to come in over the weekend but it is made clear it would be looked upon favourably. a. If you decide to go to the football match, what is the true cost to you of that decision? [5 marks] b. If you decide to go into work for the weekend to help out your boss, what is the true cost of that decision? 


Forecast the demand for the rice for a country for the year 2021 on the basis of 7-year moving average and least square method, data given in table:


Year 2014 2015 2016 2017 2018 2019 2020


Population (millions) 10 12 15 20 25 30 40


Rice consumed (million tonnes) 40 50 60 70 80 90 100



12 Performed fashion designing services for Bb. Pilipinas Organization worth P80,250, on account.


16 Received bill from National Bookstore for office supplies, P8,500. (Use Expense Method)


17 Catriona Gray paid cash for services rendered, P14,790.


22 Paid Shell Station for gasoline for service vehicle, P1,500.


24 Performed customized wedding gown designing services to Jennylyn Mercado and was billed for services


rendered, P17,500.


27 Paid Robinsons Cybergate P4,500 to apply on account.


29 Received P80,250 from Bb. Pilipinas Organization in full payment of account.


30 Billed Rabiya Mateo for services rendered, P21,600.


31 Receive and paid telephone bill, P2,300.


31 Paid salaries to employees, P31,500.


31 Beatrice withdrew cash for personal use, P18,000.

What does the amortization schedule tell about a loan payment?


What are the four basic parts of the time value of money equation? Explain in detail.


If you increase the interest rate on an amortized loan, does the payment increase or decrease? why increase or why decrease?


A firm purchased a machine on hire purchase with a down-payment of 80,000

and agreed to pay the balance in three equal installments of 80,000 each.

The cash price of the machine is 2,90,000.

The hire purchase price of the machine is___?


A project costs 29,000

and is expected to have a useful life of three years of which its scrap value will be 5000.

The project is expected to yield net profits of 1,000p.a. over its useful life.

Using the average book value of the asset,

the accounting rate of return (ARR) will be____?


Mcqs


1. What is the expected value of NPV(to the nearest dollar) for the following situation?

The firm expects an NPV of $10,000 if the economy is exceptionally strong (40% probability),

an NPV of $4,000 if the economy is normal (40% probability) and

an NPV of $2000 if the economy is exceptionally weak (20% probability).


Options for ANSWER:-


i. 5600

ii. 5200

iii. 3500

iv. 4000


LATEST TUTORIALS
APPROVED BY CLIENTS