Economics

Answer the question on the basis of the following consumption schedule: C = 20 + .9Y , where C is consumption and Y is disposable income. 1. Refer to the above data. At an $800 level of disposable income, the level of saving is: A. $180. B. $740. C. $60. D. $18.

Economics and consumer behavior.

The theory of consumer behavior assumes that consumers attempt to maximize: A. The difference between total and marginal utility. B. total utility. C. average utility. D. marginal utility.

Given the $75 product price, at its optimal output the firm will

Total Total Total fixed variable Total product cost cost cost 0 $50 $ 0 $ 50 1 50 70 120 2 50 120 170 3 50 150 200 4 50 220 270 5 50 300 350 6 50 390 440 1. ...continues

Economics 101 question

See attached file 1. Refer to the above data. At the profit-maximizing output the firm's total revenue is: A. $48. B. $32. C. $80. D. $64.

Economics 101 question

1. If a firm is hiring variable resources D and F in perfectly competitive input markets, it will minimized the cost of producing any level of output by employing D and F in such amounts that: A. the price of each input equals its MP B. MPD = MPF. C. MPD/PD = PMF/PF. D. MPD/PF = MPF/PD.

Suppose interest rates fall sharply in the U.S. but are unchanged in Great Britain.

1. Suppose interest rates fall sharply in the U.S. but are unchanged in Great Britain. Other things equal, under a system of freely floating exchange rates we can expect the demand for pounds in the U.S. to: A. decrease,the supply pounds to increase, and the dollar to appreciated relative to the pound. B. increase, the sup ...continues

Economic student guide

If the price for umbrellas is price Inelastic, Then: a) Changes in price do not affect the number of umbrellas demanded. b) If more umbrellas are sold as the result of a price decrease, total expenditures by consumers on umbrellas will decrease. c) The percentage change in prices is less than the percentage change in quantity ...continues

PROJECT EXAMPLES

This is a project planning implementation course assignment: I am currently can not think of a project (I am having writers block) that I can write a 10 page paper which focus's on tasks, resources, schedules and budget. With this paper I have to add a Statement of Work, Gantt Chart, Pert network and Excel Budget Spreadsheet. ...continues

Quantitative Methods

A) Set up a linear programming model to determine how many units of shirts and coats B) Use inequality method and 100% rule to determine the maximum and minimum values C) Use systems of equations to deterimine right side ranges and dual price for each constraint

ethics seminar question

Critically evaluate the ethics of hacking in accordance to the ethical relativism theory (use examples of the company IBM) and describe how society is affected by hacking.