Best writers. Best papers. Let professionals take care of your academic papers

Order a similar paper and get 15% discount on your first order with us
Use the following coupon "FIRST15"
ORDER NOW

Westhill is a town where people typically buy more ground

/in /by

Question Westhill is a town where people typically buy more ground beef than steak. One month, Westhill’s EatWell grocery store raised its price on ground beef. Consequently, the substitution effect dictates that more consumers will switch __________.from ground beef to steakto another grocery storefrom steak to ground beefto a ground beef substitute

alt=”Snip20190710_2.png” />a. Draw the marginal revenue product curve.b. If the

Question alt=”Snip20190710_2.png” />a. Draw the marginal revenue product curve.b. If the firm is maximizing profits, how many hours of labor will be hired? What wage will be offered? Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment Snip20190710_2.png ATTACHMENT PREVIEW Download attachment Snip20190710_3.png

Suppose the marginal expense of hiring another worker is $150,

Question Suppose the marginal expense of hiring another worker is $150, and the marginal expense of hiring current workers for an extra hour is $10. The added output associated with an added worker, holding both capital and average hours per worker constant, is 120. The added output generated by increasing average hours per worker, holding capital and the number of employees constant, is 7. If the firm is interested in maximizing profits, what should it do?

I’ve tried this type of question several times and continue

Question I’ve tried this type of question several times and continue to get the wrong answer and was wondering if I could get some help with it. Company X produces in three colors with expected daily demand as follows: Black: 455 units/dayGrey: 130 units/dayTan: 145 units/day The injection-molding machine can produce a total of 1,005 parts per day running 24 hours per day. If Company X is going to produce the parts using a cyclic schedule and it takes 2 hours to change from one color to the next, what is the minimum cycle time for the cyclic schedule in hours?The answer I came up with was 40.86 which isn’t correct not sure what I did wrong.

Is there any relationship between the U.S. dollar value and

Question Is there any relationship between the U.S. dollar value and the global gold market price? If so, can the U.S. Fed adjust the money supply to control the global gold market price? How? A reference link (URL) to an article that supports your answer will be a plus. Please offer step by step explanations, as to why the relationship exist and how the Feds affect it.

Bitcoin with the blockchain technology is considered as a trend

Question Bitcoin with the blockchain technology is considered as a trend in transactions. Do you think the U.S. federal bank will issue its own cryptocurrency in the future? Why or Why not? Please provide step by step explanation.

To a household, what kinds of spending are sensitive to

Question To a household, what kinds of spending are sensitive to interest rate fluctuation? Please provide at least two examples with a brief explanation.  Please provide detail in your example, so I can find similar sensitive spending examples.

Some are urging that China will try to dump the

Question Some are urging that China will try to dump the U.S. Treasuries as part of the ongoing trade war. Although it is not likely to happen, what will be the impact on (1) the value of the U.S. dollar (appreciate or depreciate) and (2) the interest rate of the U.S. market (raise or drop) if China really sells a lot of Treasuries holding at a low price? A reference link (URL) to an article that supports your answer will be a plus Please provide step by step explanation so I can understand.

I keep getting stuck during my review questions. Can I

Question I keep getting stuck during my review questions. Can I please have help on this questions? Thanks you src=”/qa/attachment/8345186/” alt=”Screen Shot 2019-07-10 at 9.48.06 PM.png” /> ATTACHMENT PREVIEW Download attachment Screen Shot 2019-07-10 at 9.48.06 PM.png Problem 7 Suppose that John, April, and Tristan have two production plants for producing orange juice. They have a total of 850 crates of oranges. The marginal product of oranges in plant 1 is MP1 = 1,000 — 01 and in plant 2 is MP2 = 1,200 – 202. What is the best assignment of oranges between the two plants?

Can i please have help with a practice question ATTACHMENT

Question Can i please have help with a practice question ATTACHMENT PREVIEW Download attachment Screen Shot 2019-07-10 at 9.48.16 PM.png Problem 8 You have an economics test in two weeks. It will cover both micro and macroeconomics. Each part will be worth 50 points. You have a total of 100 hours that you can spend studying for this exam. For the first 25 hours you spend studying microeconomics, you will get 1 point more for each hour of studying. After that, you will get 1 point more for each 3 hours you spend studying, up to the maximum possible of 50 points. Macroeconomics is different. For your first 15 hours of studying you will get 1 point for each 45 minutes you spend studying. After that, you will get 1 point for each 1.5 hours you spend up to the maximum of 50 points. How should you allocate your studying time to get the best grade? Why?

Could someone help with this question?Provide an example of an

Question Could someone help with this question?Provide an example of an increase or decrease in the supply of a good. Name the good, the relevant market and the factor that is changing to cause the change in supply.

i don’t understand these questions can i have some help

Question i don’t understand these questions can i have some help please Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment Screen Shot 2019-07-10 at 9.48.22 PM.png Problem 11 Jason has a boat-building firm. It uses labor L, capital K, and materials M, to build its boats. Its production function is Q = F(L, K, M) = AL“K5MV. For what values of a, 6, and y does Jason’s technology have constant returns to scale? Increasing returns to scale? Decreasing returns to scale? ATTACHMENT PREVIEW Download attachment Screen Shot 2019-07-10 at 9.48.37 PM.png Problem 1 Suppose Noah and Naomi’s weekly production function for garden benches is F(L) = (3/2)L, where L represents the number of hours of labor employed. The wage rate is $15 an hour. What is their cost function?

can i please have help with this problem class=”ql-cursor”> Attachment

Question can i please have help with this problem class=”ql-cursor”> Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment Screen Shot 2019-07-10 at 9.49.01 PM.png Problem 16 Noah and Naomi want to produce 100 garden benches per week in two production plants. The cost functions at the two plants are C1(Q1) = 600Q1 – 3Q12 and C2(Q2) = 650Q2 – 2Q22, and the corresponding marginal costs are MC1 = 600 – 6Q1 and MC2 = 650 – 4Q2. What is the best assignment of output between the two plants? ATTACHMENT PREVIEW Download attachment Screen Shot 2019-07-10 at 9.49.14 PM.png Problem 18 Consider again Worked-Out Problem 8.6 but assume that a unit of capital costs $1,000 per week and that Hannah and Sam are initially remodeling 200 square feet per week. What are their short-run and long-run cost functions if capital is fixed in the short run, but variable in the long run?

Can I please have help with these review questions. I

Question Can I please have help with these review questions. I keep messing up somewhere along the way and I’m not sure where. Thanks Attachment 1 Attachment 2 ATTACHMENT PREVIEW Download attachment Screen Shot 2019-07-10 at 9.50.07 PM.png Problem 8 Consider again Problem 7. If Dan’s cost increases by $2 per pizza, so that his cost function becomes C(Q) = 60 (02/40) and his marginal cost becomes MC = 6 ((2/20), how will his supply function change? ATTACHMENT PREVIEW Download attachment Screen Shot 2019-07-10 at 9.50.32 PM.png Problem 2 In each of the following cases, calculate the PDV of the specified amount under the specified circumstances. a. $6,300 received in eight years, at an interest rate of 4 percent. b. $115,000 received in two years, at an interest rate of 18 percent. c. $45,000 received in 100 years, at an interest rate of 1 percent.

∆R = [4000(1 – 1.5)] 2000(-4.0)] (-1%)I need to

Question ∆R = [4000(1 – 1.5)] 2000(-4.0)] (-1%)I need to understand how to solve… supposedly the answer is 100 but I am getting 10000

i am taking global marketing course and i have select

Question i am taking global marketing course and i have select one product and i selected “COCA-COLA”. for the first assignment i have to to take a product of an actual company into a foreign country and develop a marketing plan for that product in the target country where it has never operated its business before. 

Match the following words with their corresponding definitions alt=”e0bc680514962e0f9b711c1a726f01c0.png” />

Question Match the following words with their corresponding definitions alt=”e0bc680514962e0f9b711c1a726f01c0.png” /> ATTACHMENT PREVIEW Download attachment e0bc680514962e0f9b711c1a726f01c0.png Match the following words with their corresponding definitions on the right. Choose the definition that is the best match for the word. There is only one correct definition for each word. Each match is worth 2 points. A. A firm’s additional cost of producing one more unit of output You may enter the letters as capital or lower-case letters; case doesn’t matter. 3. The responsiveness of quantity demanded to a change in the price of a good or service 1. Average Fixed Cost C. A time period in which some of the firm’s resources are fixed 2. Marginal Cost D The benefit, happiness, or satisfaction that a person receives from consuming a good or service 3. Marginal Product of Labor E. |The cost that always falls as output increases 4. MUP A time period in which the firm cannot increase its output 5. Price Elasticity of Demand G. The additional benefit that a person receives from consuming one more unit of a good or service 6. The Long-Run H. A time period in which all of the firm’s resources are variable 7. The Short-Run The study of the choices people make to attain their goals when faced with the conditions of scarcity A firm’s additional profit from hiring one more worker B. Utility A time period in which all of the firm’s resources are fixed A firm’s additional output produced from hiring one more worker M. When human wants are greater than the available amount of economic resources Additional happiness per dollar spent |The cost that remains the same as output increases P. The responsiveness of price to a change in quantity demanded

Please help, the question is about the states of nature

Question Please help, the question is about the states of nature in game and decision. alt=”8667F91E-C6B2-4712-9E48-3F89FA3F6203.jpeg” /> ATTACHMENT PREVIEW Download attachment 8667F91E-C6B2-4712-9E48-3F89FA3F6203.jpeg Problem #2: States of nature (10 points) Consider the following variant of the Prisoner’s Dilemma: Guido and Luca work for a mob boss named Vito, who is unpredictable. Vito is not a player in this game, but when Guido and Luca are arrested, Vito may be Nice, with probability p, or Nasty, with probability 1 -p. Game tables for the two states are shown below: Vito is Nice (p ) Vito is Nasty (1 – p) Luca Luca Testify Quiet Testify Quiet Guido Testify -10, -10 0, -20 Testify -40, -40 -20, -20 Quiet -20, 0 -1, -1 Guido Quiet -20, -20 -1, -1 a) First, assume that p = 0.5, so that Vito is equally likely to be Nice or Nasty. Combine these two game tables into one table containing Guido and Luca’s VNM payoffs, then find all of the pure-strategy Nash equilibria in this game. b) Now, assume that p is unknown. Once again, combine the two game tables into one table containing Guido and Luca’s VNM payoffs. (Hint: These VNM payoffs will have to be written in terms of p.) c) Based on your answer to b), for what values of p is (Testify, Testify) a Nash equilibrium?

Please help me out, it’s a question about mixed strategy

Question Please help me out, it’s a question about mixed strategy Nash equilibrium. Thanks ATTACHMENT PREVIEW Download attachment 079550E3-A81D-4A52-9495-4C03303A656D.jpeg For each of the following game tables, find all of the non-trivial mixed-strategy Nash equilibria. a) Daffy Duck Rabbit Bugs Duck -2, 1 0, 0 Rabbit 0, 0 1, -2 b) Buzz Bail Drive Jim Bail 0, 0 -1, 1 Drive 1, -1 -10, -10

The TV curve for a product ATTACHMENT PREVIEW Download attachment

Question The TV curve for a product ATTACHMENT PREVIEW Download attachment d1ecf6b55f92806bd7ababc3899da3d9.png The TC curve for a product is as follows: TC = q3 -2q~ 30q Write an expression for FC, VC, AFC, AVC, and ATC. Simplify your answers. a. FC = b. VC = C. AFC = d. AVC = e. ATC = Note: To enter an exponent, use the ^ key. To exit out of the exponent area, press the down arrow. Is the TC short-run or long-run? O A. short-run O B. long-run

A consumer may not necessarily choose to buy a good

Question A consumer may not necessarily choose to buy a good based solely on which item has the greatest utility. Two other highly important factors are __________.need and incomeprice and desireincome and pricesize and color

The post Westhill is a town where people typically buy more ground appeared first on Smashing Essays.

 
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"