Economics

\"An oil and gas company is considering whether to begin drilling a new oil fiel

"An oil and gas company is considering whether to begin drilling a new oil field. The company will need to pay $5.5 million as an initial investment in order to extract the oil. T…

\"Anjali and Sanu are married, and Sanu is the breadwinner. Anjali provides 4 no

"Anjali and Sanu are married, and Sanu is the breadwinner. Anjali provides 4 non-market hours of service daily, and her productivity at home is $15. Sanu's earnings are $20/hour, …

\"As the world is getting in-depth knowledge of economics, some economic concept

"As the world is getting in-depth knowledge of economics, some economic concepts are becoming more acceptable day by day. The concept of inflation is one of such concept which bec…

\"Assume you are working as GM of \"XYZ\" company for car manufacturing. In the

"Assume you are working as GM of "XYZ" company for car manufacturing. In the first year of your work you tried to understand the real competitive position of your firm. You asked …

\"Bake My Day\", the total cost of nal revenue product than technology A the fol

"Bake My Day", the total cost of nal revenue product than technology A the following producing 20 cakes is $500. The marginal cost of producing the 21st a. The total cost of 21 ca…

\"Because all points on a contract curve are efficient, they are all equally des

"Because all points on a contract curve are efficient, they are all equally desirable from a social point of view." Do you agree with this statement? This statement is A. correct …

\"Bitcoin Plunges After Plans for Split Called Off\" summaries the article: Bitc

"Bitcoin Plunges After Plans for Split Called Off" summaries the article: Bitcoin continued its retreat from a record high after traders weighed in on the cancellation of a techno…

\"Capital Investments\" Please respond to the following: With the current U.S. e

"Capital Investments" Please respond to the following: With the current U.S. economy in a weakened state, many companies are reluctant to implement any capital improvements or cap…

\"Competition in quality and service may be just as affective as price competiti

"Competition in quality and service may be just as affective as price competition in given buyers more for their money." Do you agree? Why? Explaine why monopolistically competiti…

\"Consider an inflow of immigrants into the country, resulting in an increase in

"Consider an inflow of immigrants into the country, resulting in an increase in the labor supply. Use the production model (where capital and labor are treated as constant values)…

\"Consider the example of a unique design or logo that appears on a silk-screene

"Consider the example of a unique design or logo that appears on a silk-screened T-shirt. This T-shirt example is equally applicable to protecting caps, jackets, mugs, and the lik…

\"Debt overhang\" is part of a financial crisis, and involves borrowers with hig

"Debt overhang" is part of a financial crisis, and involves borrowers with high levels of debt relative to the value of assets backing the debt, causing them to borrow less and se…

\"Delta Air Lines Inc., the nation\'s No. 2 airline by traffic, says that for ev

"Delta Air Lines Inc., the nation's No. 2 airline by traffic, says that for every $1 increase in the passenger facility charge, passenger demand declines by more than 1%." What ad…

\"Donna is allowed to go home an hour earlier than the rest of us as her babysit

"Donna is allowed to go home an hour earlier than the rest of us as her babysitter leaves at four." Which of the following is this statement an example of? O Organization O Total …

\"Engineering Ecomony\" Question Assume that you have a company and need to eval

"Engineering Ecomony" Question Assume that you have a company and need to evaluate two alternatives, an automatic machine (AM) and a manual machine (MM). Capital investment for th…

\"Entering a Merger and Organizational Form\" Please respond to the following: •

"Entering a Merger and Organizational Form" Please respond to the following: •From the scenario for Katrina’s Candies, examine the major implications for firms entering into a mer…

\"Everyone is hurt by inflation.\" That statement is: A. Correct B. Incorrect be

"Everyone is hurt by inflation." That statement is: A.  Correct B.  Incorrect because a price increase to one person is higher income to another C.  Incorrect because people buy t…

\"Fill in the blank. Allocative efficiency for pure competition: ________ (P=MC,

"Fill in the blank. Allocative efficiency for pure competition: ________ (P=MC, P>MC, or P<MC) and is __________ (efficient or inefficient) Productive efficiency for pure co…

\"Fresh signs of a global slump threaten to slow U.S. economic growth in 2015. D

"Fresh signs of a global slump threaten to slow U.S. economic growth in 2015. Declining inflation rates in Japan and the Euro-zone, along with faltering growth rates in India and …

\"From the Industrial Revolution to a Sustainable Future\" Select a building pro

"From the Industrial Revolution to a Sustainable Future" Select a building product or invention developed during the Industrial Revolution. We are defining the Industrial Revoluti…

\"Gentrification\" is a process that occurs after the property values in a neigh

"Gentrification" is a process that occurs after the property values in a neighborhood fall so much that they become an attractive investment for middle and upper income buyers, an…

\"Grocery stores and gasoline stations in a large city would appear to be exampl

"Grocery stores and gasoline stations in a large city would appear to be examples of competitive markets: there are numerous relatively small sellers, each seller is a price-taker…

\"Harris Company manufactures a single product. Costs for the year 2015 for outp

"Harris Company manufactures a single product. Costs for the year 2015 for output levels of 1,000 and 2,000 units are given below: For 1,000 units - Direct labor is $35,000 Direct…

\"I can see arguments both for and against right -to -work laws, \" says a fello

"I can see arguments both for and against right -to -work laws, " says a fellow student in your class. "But there is one overriding reason why I'm on balance against these laws. A…

\"If the value of output in an industry increases by 4 percent per year, and wor

"If the value of output in an industry increases by 4 percent per year, and workers receive a wage rate increase of 4 percent per year, then nothing is left to increase the compen…

\"If you build it, they will come\" not only worked in the movie Field of Dreams

"If you build it, they will come" not only worked in the movie Field of Dreams but also applies—big time—to Mall of America. Located in a suburb of Minneapolis, Mall of America is…

\"If you\'ve paid cover price for The Innocent Man by John Grisham, you\'ve paid

"If you've paid cover price for The Innocent Man by John Grisham, you've paid way too much." (Landy, Heather. "Book Wars," Fort Worth Star-Telegram, Texas, December 14, 2006.) Thi…

\"Importing more goods and services into the U.S. is always a good thing to do e

"Importing more goods and services into the U.S. is always a good thing to do economically." Explain why you agree or disagree. Is it possible for one country to profit more off t…

\"In a recent \'earnings call,\' a teleconference call to shareholders in which

"In a recent 'earnings call,' a teleconference call to shareholders in which the CEO reports and discusses quarterly earnings per share, Coca-Cola's CEO Muhtar Kent bragged about …

\"In late 2006 and early 2007, orange crops in Florida were smaller than expecte

"In late 2006 and early 2007, orange crops in Florida were smaller than expected, and the crop in California was put in a deep freeze by an Arctic cold front. As a result, the pro…

\"In their retrospective account of the German fiscal consolidation, Fels and Fr

"In their retrospective account of the German fiscal consolidation, Fels and Froehlich (1986, pp.184-85) summarize this anti-Keynesian view: Fiscal consolidation had a benign impa…

\"Induced consumption\" is the amount of consumption spending created by Disposa

"Induced consumption" is the amount of consumption spending created by Disposable income Wealth Consumer confidence Interest rates None of the above The simple consumption functio…

\"Inflation is always and everywhere a monetary phenomenon in the sense that it

"Inflation is always and everywhere a monetary phenomenon in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output". Or so…

\"Inflation\" Please respond to the following: Imagine that you have a fixed 30-

"Inflation" Please respond to the following: Imagine that you have a fixed 30-year interest rate for your mortgage, and the economy has experienced unanticipated inflation. Examin…

\"It is Adam Smith\'s greatest contribution that he recognized in the social wor

"It is Adam Smith's greatest contribution that he recognized in the social world of economics what Isaac Newton had recognized in the physical world of the heavens: a self-regulat…

\"It\'s really nothing personal,\" said Matt Sheaff spokesman for the Rhode Isla

"It's really nothing personal," said Matt Sheaff spokesman for the Rhode Island Commerce Corporation, a uasipublic agency that selects the 10 or so vendors for the state fair. "Th…

\"John solved 5 true-and-false questions in the exam, and his answers were False

"John solved 5 true-and-false questions in the exam, and his answers were False for all questions. He was surprised, and he felt that he made some mistakes since the professor sho…

\"Last year, the United States imported approximately $100 billion worth of oil.

"Last year, the United States imported approximately $100 billion worth of oil. Many people believe we should simply stop importing all oil (about half of our domestic consumption…

\"Law and Morality\". Legal cases often reflect more than legalities; they may r

"Law and Morality". Legal cases often reflect more than legalities; they may result from personal interetations of the moral compass of society. Discuss how our complex society in…

\"Loans are just like used cars. If you see an ad in the paper for a used care,

"Loans are just like used cars. If you see an ad in the paper for a used care, you have to wonder , why is the owner selling it? Mayber there is something wrong with the care that…

\"Loans are just like used cars. If you see an ad in the paper for a used care,

"Loans are just like used cars. If you see an ad in the paper for a used care, you have to wonder , why is the owner selling it? Maybe there is something wrong with the care that …

\"Logistics\" is concerned with A. transprting, string, and handling of goods in

"Logistics" is concerned with A. transprting, string, and handling of goods in ways that match target customers' needs with a firm's marketing mis B transporting,storing, and hand…

\"Machine A has an immediate cost of $12,000, and it will earn a net income of $

"Machine A has an immediate cost of $12,000, and it will earn a net income of $5100 per year for a total of 5 years. Machine B has an immediate cost of $19,000, and it will earn a…

\"Market Entry and Monopolistic Competition\" Please respond to the following: F

"Market Entry and Monopolistic Competition" Please respond to the following: From the e-Activity article, explain your position on whether or not Apple is stifling competition and…

\"Metcalfe\'s Law\", which has been attributed to Bob Metcalfe (the inventor of

"Metcalfe's Law", which has been attributed to Bob Metcalfe (the inventor of Ethernet) says that the value of a network is proportional to the square of the number of users. The i…

\"Metcalfe\'s Law\", which has been attributed to Bob Metcalfe (the inventor of

"Metcalfe's Law", which has been attributed to Bob Metcalfe (the inventor of Ethernet) says that the value of a network is proportional to the square of the number of users. The i…

\"Monopolistic competition is literally a kind of competition. Hence, there is n

"Monopolistic competition is literally a kind of competition. Hence, there is no deadweight loss in a monopolistically competitive market." Select one: a. The statement is incorre…

\"Monopolistic competition is literally a kind of competition. Hence, there is n

"Monopolistic competition is literally a kind of competition. Hence, there is no deadweight loss in a monopolistically competitive market." Select one: a. The statement is incorre…

\"Monopolistic competition is literally a kind of competition. Hence, there is n

"Monopolistic competition is literally a kind of competition. Hence, there is no deadweight loss in a monopolistically competitive market." The statement is by definition correct …

\"Moral Hazard\" Please respond to the following: In 2020, a leading insurance c

"Moral Hazard" Please respond to the following: In 2020, a leading insurance company started a policy that pays a policy holder a 5 percent rebate on their insurance premium in a …