QUESTION Open-Response Homework Problem 24.5 Sandra Bullock, taking on one of her more desperate roles, acceptsa part in an extremely mediocre movie. To make up for the ill-developed plot, the director chooses to increasethe quality of cinematography by actually shooting the film in orbit 40,000 meters above the surface of the earth.The effect is quite […]
QUESTION Barriers to entry might include all of the following EXCEPTA) patents and copyrights.B) ownership of essential resources.C) government franchise.D) positive economic profits.2.Economies of scale may be a barrier to entry in a situation in whichA) only small-scale production can lower the average cost of production.B) only small-scale production can meet the constantly changing market […]
QUESTION Monopolies can sometimes find themselves in difficult financial situations that lead to losses. Suppose Mr. Burnsâ power company has a monopoly for providing electricity in Springfield. His costs of upkeep are so high that he is consistently losing money.Show this outcome in a completely labeled graph. Clearly identify all parts of your graph, including […]
QUESTION A shift outward in the demand curve always results in an increase in total spending (price times quantity) on a good. On the other hand, a shift outward in the supply curve may increase or decrease total spending. ExplainCan I get a graph with the answer, so I understand it ANSWER: REQUEST HELP […]
QUESTION Leviâs has an advertising slogan: âQuality never goes out of style.â Consumers can buy other kinds of jeans, including off-brands. The manufacturers of off-brand, or generic, jeans do not advertise. Assume that the average total cost of producing Leviâs and generic jeans is the same.Create a graph showing the price (labeled as P1) that […]
QUESTION Suppose GDP equals $10 trillion,consumption equals $6.5 trillion,the government spends $2 trillion and has a budget deficit of $300 billion. Find public saving, taxes, private saving,national saving, and investment ANSWER: REQUEST HELP FROM A TUTOR
QUESTION You are hired by the Fair Work Commission Australia as a consultant to examine issues relating to pay and performance. Your task is to provide a report detailing findings from the economic literature on the effectiveness of pay for performance initiatives in generating improved outputs (or business outcomes), how performance should be evaluated and […]
QUESTION Suppose creatures were to evolve on a planet orbiting a star somewhat hotter than the Sun, letâs say an F-type star. To what wavelength ranges, approximately, do you think their vision would most likely be sensitive to? ANSWER: REQUEST HELP FROM A TUTOR
QUESTION A 1000 kg car approaches an intersection traveling north at 20 m/s. A 1200 kg car approaches the same intersection traveling east at 22 m/s. The two cars collide at the intersection and lock together. Ignoring any external forces that act on the cars during the collision, what is the velocity of the cars […]
QUESTION Earth’s Greatest Enemies?Climatologist James Lovelock (http://www.jameslovelock.org/) (originator of theGaia_hypothesis ) once said that Earth’s greatest enemies were cars, cows and chainsaws because of their contributions to destabilizing planetary climate.In this final Discussion Forum, you will answer the following two (2) questions that show your ability to find connections between the environmental issues that you […]
