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 an aircraft starts at rest and is accelerated at 9.7 m/s/s for 12.2 seconds at which time the aircraft launches. What is the distance traveled from the starting point to launch point. Assume acceleration is constant ANSWER: REQUEST HELP FROM A TUTOR
