Economics

2. Two large producers of mass transit vehicles are preparing to adopt a new eng

2. Two large producers of mass transit vehicles are preparing to adopt a new engine technology for their latest vehicles. P1 is propane technology and P2 is an electric/gasoline h…

2. Understanding the U.S. poverty line The following table shows the U.S. povert

2. Understanding the U.S. poverty line The following table shows the U.S. poverty thresholds for 2015 by size of family and number of related children under the age of 18. All fig…

2. Understanding the intertemporal budget constraint Aa Aa Suppose that there ar

2. Understanding the intertemporal budget constraint Aa Aa Suppose that there are only two periods of time: today and tomorrow. You earn income Y and consume C1 today, and you ear…

2. Understanding the role of fixed cost in the short run Aa Aa Consider an airli

2. Understanding the role of fixed cost in the short run Aa Aa Consider an airline's decision about whether or not to cancel a particular flight that hasn't sold out. The followin…

2. Understanding the role of fixed cost in the short run Consider an airline\'s

2. Understanding the role of fixed cost in the short run Consider an airline's decision about whether or not to cancel a particular flight that hasn't sold out. The following tabl…

2. Use the concepts of marginal cost and marginal revenue to derive an optimal c

2. Use the concepts of marginal cost and marginal revenue to derive an optimal capital budget for Company X, which has identified 7 possible investment projects and determined its…

2. Use the formula in figure 4.7 to calculate the exact elasticity of demand in

2. Use the formula in figure 4.7 to calculate the exact elasticity of demand in the following examples: Then tell if, in each case, demand is elastic, inelastic, or unitary elasti…

2. Use the information below to complete the following question(s): The followin

2. Use the information below to complete the following question(s): The following is information for the Creamy Crisp Donut Company: Entrepreneur's paid salary in this business $4…

2. Use the regression tool in Data Analysis to develop a regression model using

2. Use the regression tool in Data Analysis to develop a regression model using account balance as the dependent variable and ATM use per month as the independent variable.       …

2. Use the regression tool in Data Analysis to develop a regression model using

2. Use the regression tool in Data Analysis to develop a regression model using account balance as the dependent variable and ATM use per month as the independent variable.       …

2. Use the table below to answer questions Index 80 100 110 140 155 2 (base year

2. Use the table below to answer questions Index 80 100 110 140 155 2 (base year) a. What is the inflation rate between year 2 and year 3? Iafation rate in a th year (CPI in s th …

2. Using a payoff matrix to determine the equilibrium outcome Suppose there are

2. Using a payoff matrix to determine the equilibrium outcome Suppose there are only two firms that sell smartphones: Flashfone and Pictech. The following payoff matrix shows the …

2. Using a payoff matrix to determine the equilibrium outcome Suppose there are

2. Using a payoff matrix to determine the equilibrium outcome Suppose there are only two firms that sell tablets: Padmania and Capturesque. The following payoff matrix shows the p…

2. Using the expenditure approach, state whether each of the following transacti

2. Using the expenditure approach, state whether each of the following transactions would be directly counted in the U.S. Gross Domestic Product in the current year. For those dir…

2. Using the following information about Post It Notes to answer the questions b

2. Using the following information about Post It Notes to answer the questions below: The price of a package of 100 Post It Notes rises from $0.50 to $1.00. Total revenue from the…

2. Using the following information about Post It Notes to answer the questions b

2. Using the following information about Post It Notes to answer the questions below: The price of a package of 100 Post It Notes rises from $0.50 to $1.00. Total revenue from the…

2. Voluntary contributions toward a public good Aa Aa David and Robert are consi

2. Voluntary contributions toward a public good Aa Aa David and Robert are considering contributing toward the creation of a building mural. Each can choose whether to contribute …

2. Warrants ts are long-term options to buy a stated number of common shares at

2. Warrants ts are long-term options to buy a stated number of common shares at a specified price that is generally Warran attached to debt issues. Warrants are attached to debt i…

2. We can express a sports franchise’s gate revenue (RG) as RG = Rh + (1-)Ra. Re

2.    We can express a sports franchise’s gate revenue (RG) as RG = Rh + (1-)Ra. Regarding this expression,     a.    Rh and Ra represent the marginal revenue product of players i…

2. We can use the graphical analysis we have developed to look at such issues as

2. We can use the graphical analysis we have developed to look at such issues as part-time work. (a) Draw a diagram showing the utility-maximizing choice of income and hours worke…

2. We have data on a number of movies that includes the USGxoss (in S), the Budg

2. We have data on a number of movies that includes the USGxoss (in S), the Budget (S), the Run Time (minutes), and the average number of Stars awarded by reviewers. We want a reg…

2. We have the following data on interest rates and the price level (in the Unit

2. We have the following data on interest rates and the price level (in the United States) for the years 1977-2002: Year Price Level Interest Rates (Percent) 1977 60.6 5.6 1978 65…

2. We learned that self-repairs and doing things at home are not included in GDP

2. We learned that self-repairs and doing things at home are not included in GDP. Yet some cultures and societies rely on self-subsistence; they hunt their food, grow their vegeta…

2. What action can the Federal Reserve take to reduce unemployment? 3. Using one

2. What action can the Federal Reserve take to reduce unemployment? 3. Using one of the tools available to the Federal Reserve, explain how the Fed would accomplish the action you…

2. What are the criticisms of the Stages Model? 3. What are the assumptions of L

2. What are the criticisms of the Stages Model? 3. What are the assumptions of Lewis' two-sector model? Can you give some examples that could this model fail? 4. According to Toda…

2. What implications would a decrease in foreign interest rates have for the dir

2. What implications would a decrease in foreign interest rates have for the direction of international financial repositioning and for the current spot exchange rate? A) Repositi…

2. What is meant by the trade triangle? Why must the trade triangles of the part

2. What is meant by the trade triangle? Why must the trade triangles of the partner and the home country be congruent in a two-country analysis? 3. Within what range must the inte…

2. What is the Total Revenue? 3. What is the Average Fixed Cost? 4. What is the

2. What is the Total Revenue? 3. What is the Average Fixed Cost? 4. What is the Average Variable Cost? 5. What is the Total Cost? 6. What is the Total Profit (or Loss)? 7. What is…

2. When the demand curve for a good is unit elastic, raising the price of the go

2. When the demand curve for a good is unit elastic, raising the price of the good by 25 percent will change the revenue of the firm by: A. 125 percent B. 100 percent C.25 percent…

2. When the number of substitutes increase, the demand curve for a monopolist wi

2. When the number of substitutes increase, the demand curve for a monopolist will A) become more inelastic. B) not change. C) become more elastic. D) become steeper. 3. Which of …

2. When two goods must be bought in a package (with a fixed ratio), they are A)

2. When two goods must be bought in a package (with a fixed ratio), they are A) tied. B) separated. C) aggregated. D) bundled. 3. Assuming the same cost structure, a competitive m…

2. Which are the three channels by which the Federal Reserve can reduce money su

2. Which are the three channels by which the Federal Reserve can reduce money supply? a. Buy government securities, lower reserve requirements, and lower the discount rate b. Buy …

2. Which aspect of the Affordable Care Act has been repealed? A. The individual

2. Which aspect of the Affordable Care Act has been repealed? A. The individual mandate B. The CLASS Act, a voluntary long-term care program C. The employer mandate D. Medicare ho…

2. Which of the following are included in GDP and which are not? If an item is i

2. Which of the following are included in GDP and which are not? If an item is included, state which GDP category it falls under (consumption, investment, government, trade balanc…

2. Which of the following are included in GDP calculations a. Cleaning services

2. Which of the following are included in GDP calculations a. Cleaning services performed by Molly Maid Corporation b. Lawn-mowing services performed by a neighborhood child c. Dr…

2. Which of the following best describes the amount by which an asset\'s value d

2. Which of the following best describes the amount by which an asset's value decreases until it reaches its salvage value? A. Depreciation B. Appreciation C. Approximation D. Est…

2. Which of the following does not affect long run aggregate supply? a. A change

2. Which of the following does not affect long run aggregate supply? a. A change in labor force participation. b. An outward movement of aggregate demand. c. A negative trend in l…

2. Which of the following events would strengthen the arguments for using an act

2. Which of the following events would strengthen the arguments for using an active government stabilization policy, and which would weaken the arguments for active government pol…

2. Which of the following is correct about opportunity cost? It is the value of

2. Which of the following is correct about opportunity cost? It is the value of the best opportunity forgone in a particular choice. It is not a real cost, so we do not need to co…

2. Which of the following is least likely to be considered “economic capital” (K

2. Which of the following is least likely to be considered “economic capital” (K in most of our examples)?     A. a blast furnace at a steel mill                              C. a…

2. Which of the following is least likely to be considered “economic capital” (K

2. Which of the following is least likely to be considered “economic capital” (K in most of our examples)?     A. a blast furnace at a steel mill                              C. a…

2. Which of the following statements best describes the game played by the emplo

2. Which of the following statements best describes the game played by the employer and the employee in the labor discipline model? Select correct answer a. The game is a simultan…

2. Which of the following statements best supports the claim that greater unifor

2. Which of the following statements best supports the claim that greater uniformity replaces diversity in the context of global markets? A. Differences in business systems and le…

2. Which of the following statements do you think reflect sound economic thinkin

2. Which of the following statements do you think reflect sound economic thinking? Explain your answer. a. "Ipaid S400 for thiseconomics course. Therefore, I'm going to attend the…

2. Which of the following statements is true? The labor force is the same as the

2. Which of the following statements is true? The labor force is the same as the population. The number of people not working but who have looked for work in the past year are une…

2. Which represents full & unfair insurance? a.q > IH - IS and r = (p x q) b.q >

2. Which represents full & unfair insurance? a.q > IH - IS and r = (p x q) b.q > IH - IS and r > (p x q) c.q = IH - IS and r < (p x q) d.q = IH - IS and r > (p …

2. Which represents full & unfair insurance? a.q > IH - IS and r = (p x q) b.q >

2. Which represents full & unfair insurance? a.q > IH - IS and r = (p x q) b.q > IH - IS and r > (p x q) c.q = IH - IS and r < (p x q) d.q = IH - IS and r > (p …

2. Which statement(s) is(are) true? I. The Fed is required to promote economic g

2. Which statement(s) is(are) true? I. The Fed is required to promote economic growth accompanied by full employment, stable prices, and moderate long-term interest rates. II. To …

2. While Bob was walking in the park, he found a $ 100 bill. Not finding the own

2.While Bob was walking in the park, he found a $ 100 bill. Not finding the owner, he decided to deposit it in his checking account. The banks have no excess reserves and required…

2. Who benefits from exports? The following calculators show the Republic of the

2. Who benefits from exports? The following calculators show the Republic of the Union of Myanmar's (also known as Burma) domestic demand and domestic supply curves. Use the calcu…