Which of the following statements is TRUE about capital goods?A.Capital goods are bigger and more expensive than consumer goods. B.Capital goods are only used by governments.C.Capital goods are usually imported.D.Capital goods are used to produce other goods and services more efficiently.
A) The supply of apple pies will increase and the demand for apple pies will decrease b) The supply of apple pies will increase and the quantity demanded of pies will decrease c) The supply of apple pies will decrease and the demand for apple pies will decrease d) The supply of apple pies will decrease and the quantity demanded of apple pies will decrease […]
The manager of a corporate division faces the posibility of an audit every year. She prefers to spend time preparing if she will be audited; otherwise, she would prefer to invest her time elsewhere. The auditor, who gets recognized for uncovering problems, prefers to audit unprepared clients. If the players match their actions (i.e., the manager prepares an the auditor audits, or the manager doesn’t […]
Need help with a paper , instruction in the attach , no plagiarism and apa style
.PROJECT: EFFICIENT DECISION MAKING Consider how daily decisions impact what you wear and eat, with whom you associate and avoid, when you complete homework and go to sleep, and what options are available for transportation. Every day, certain considerations and decisions are made. Efficient decision making must be used to maximize satisfaction.
This question for Rudra only. Q16. If new highly progressive tax laws are enacted, the resulting Lorenz curve will move to the right-hand corner of the graph. a. true b. false Q33. In using the GDP as a measure of business cycles, it is best to use real GDP. a. true b. false Q37. Schumpeter’s theory that business cycles are caused by breakthroughs in the […]
A firm has just decreased its price by 20 percent over last year’s price, and it found that quantity sold increased by 15 percent. a. What is its price elasticity of demand? The price elasticity of demand is ________. b. What additional information would you search for before you did your calculation? a)I would check to see if consumer tastes or expectations had changed. b)I […]
1. Helen is a small business owner. She has one employee, Gene, whom she pays $1000. Gene’s salary is the only cost of running her business (so profits = revenues – Gene’s salary). Her revenues vary with market conditions. If demand is HIGH then her revenues are RH = 4600. If demand is LOW then her revenues fall to RL = 1900. Each state (high […]
Please answer and explain each answer A thought E. Show work. Assume that an individual’s preferences is represented by the following utility function:U(x,y) = 5x + 2y a. What could you tell about the type of x and y? {"good†, "bad†or a "neuterâ€Â] b. Derive the equation for his/her indifference curve for utility level of 100? c. Derive marginal utility of x and […]
Part 1 requires a short written response. Part 2 involves working problems based on provided background information. Examples of how to complete these problems can be found in the Unit I Introduction and associated videos presented in the unit. Both parts of the assignment will be completed using a worksheet on which you will show your work and provide your answers to the questions listed. […]
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