Homework Answers
Ques: Option A is correct. Since Kimiko receives an additional $80 more to spend by her friend Barry. As a result, her income will increase. This will shift the entire budget line to the right as now Kimiko can afford more of both good. Hence Option A is correct.
Add Answer to:
signment Score: 0% Resources Hint Check Answer estion 10 of 16 > Kimiko is planning a...
ent Score: 0% Resources Hint Check Answer of 16 > Mauricio has a circus act that...
ent Score: 0% Resources Hint Check Answer of 16 > Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's initial budget constraint. The price per unicycle is $120 and per monkey is $90. Using the graph, show what happens to Mauricio's budget line when the price of unicycles increases to $180. What is Mauricio's budget for monkeys and unicycles? Quantity of unicycles Mauricio's budget:...
Assignment Score: 0% Resources Hint Check Answer Question 7 of 16 > Wendy is in school...
Assignment Score: 0% Resources Hint Check Answer Question 7 of 16 > Wendy is in school learning to be a welder. She spends long hours studying and drinking coffee) and long hours practicing in the hot, dirty shop (and therefore takes frequent showers). Wendy has $70.00 per month to spend on the soap and coffee she needs to function properly. In the accompanying graph, move the BC line to correctly depict Wendy's budget constraint assuming the soap costs $3.50 per...
Assignment Score: 37.5% Resources Give Up? Hint Check Answer Question 7 of 16 > Consider the...
Assignment Score: 37.5% Resources Give Up? Hint Check Answer Question 7 of 16 > Consider the given simple economy. Sheepnip Co. makes sheep feed. Better-bald Inc. purchases sheep feed for the sheep it raises and sells wool. Sweeter Sweaters Inc. makes and sells wool sweaters. Sheepnip Co. Better-bald Inc. Sweeter Sweaters Inc. Sheep feed $0 $2200 $0 Wool $0 $0 $3800 Wages $700 $300 $550 Interest payments $400 $100 $50 Rent $1000 $450 $500 Profits $100 $750 $800 What is...
Quick intuition check via True or False Questions 1. 2. If all prices double and income...
Quick intuition check via True or False Questions 1. 2. If all prices double and income triples, then the budget line will become steeper There are two goods. You know how much of good 1 a consumer can afford if she spends all of her income on good 1. If you knew the ratio of the prices of the two goods, then you could draw the consumer's budget line without any more information. lf good l is on the horizontal...
6. Sam is planning a summer trip to Italy so he can study accounting where the...
6. Sam is planning a summer trip to Italy so he can study accounting where the world-famous accountant Luca Pacioli did Unfortunately, Sam is short of $7,500 for the trip due to his recent injury. Luke has agreed to loan Sam the money because he believes that the homage to the double-entry birthplace is a must for all accountants. Luke expects to be paid back at 8% interest in annual payments over 6 years. What is the annual payment? 7....
First 4 pictures are the case, please answer these! Case 12-3 Plastic Cable Clips In mid-September...
First 4 pictures are the case,
please answer these!
Case 12-3 Plastic Cable Clips In mid-September Robyn Pemberton, purchasing officer in the laundry division of Fisher & Paykel Limited, lo- cated in Auckland, New Zealand, was wondering which procurement option made most sense for the plastic cable clips requirements for the new line of washing machines. THE LAUNDRY DIVISION Fisher & Paykel Limited was the largest home appliance manufacturer in New Zealand with sales of its major ap- pliances amounting...
Betty Powell is the manager of human resources for American Financial Corporation, a large financial services...
Betty Powell is the manager of human resources for American Financial Corporation, a large financial services company. When she arrived back in her office Monday after being away for a week, she discovered that a staffing report due the day before was still not finished. The report was for the vice president of the company’s brokerage division, and Betty was supposed to give him the report by Wednesday. Six weeks earlier Betty had asked Don Adams, one of her subordinates...
FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the...
FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the blank Scarcity is the intimited nature of society's resources given society's limited wants 2. A reward is a type of positive incentive. 3. To remove difficulty of double coincidence of wants we use money. 4. An exogenous factor is a variable that can be controlled for inside the model. 5. The PPF will not have a constant slope. 6. The law of demand states...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing costs b. transmits consumer preferences to the farm level effectively c. is equivalent to equilibrium pricing d. all of the above 2 product of labour a. increasing; constant b. increasing ; decreasing A production function Q-300 +10K+5L exhibits - returns to scale and - marginal c. constant; constant d. decreasing; constant 3. The marketing functions can a. easily be eliminated b. can only occur...
A country's consumption possibilities frontier can be outside its production possibilities frontier if a
1. A country's consumption possibilities frontier can be outside its production possibilities frontier if a. the country engages in trade. b. the citizens of the country have a greater desire to consume goods and services than do the citizens of other countries. c. the country’s technology is superior to the technologies of other countries.d. All of the above are correct. 2. A production possibilities frontier will be a straight line if a. increasing the production of one good by x...
ent Score: 0% Resources Hint Check Answer of 16 > Mauricio has a circus act that involves monkeys on unicycles. Mauricio has a fixed amount to spend on unicycles and monkeys. The graph shows Mauricio's initial budget constraint. The price per unicycle is $120 and per monkey is $90. Using the graph, show what happens to Mauricio's budget line when the price of unicycles increases to $180. What is Mauricio's budget for monkeys and unicycles? Quantity of unicycles Mauricio's budget:...
Assignment Score: 0% Resources Hint Check Answer Question 7 of 16 > Wendy is in school learning to be a welder. She spends long hours studying and drinking coffee) and long hours practicing in the hot, dirty shop (and therefore takes frequent showers). Wendy has $70.00 per month to spend on the soap and coffee she needs to function properly. In the accompanying graph, move the BC line to correctly depict Wendy's budget constraint assuming the soap costs $3.50 per...
Assignment Score: 37.5% Resources Give Up? Hint Check Answer Question 7 of 16 > Consider the given simple economy. Sheepnip Co. makes sheep feed. Better-bald Inc. purchases sheep feed for the sheep it raises and sells wool. Sweeter Sweaters Inc. makes and sells wool sweaters. Sheepnip Co. Better-bald Inc. Sweeter Sweaters Inc. Sheep feed $0 $2200 $0 Wool $0 $0 $3800 Wages $700 $300 $550 Interest payments $400 $100 $50 Rent $1000 $450 $500 Profits $100 $750 $800 What is...
Quick intuition check via True or False Questions 1. 2. If all prices double and income triples, then the budget line will become steeper There are two goods. You know how much of good 1 a consumer can afford if she spends all of her income on good 1. If you knew the ratio of the prices of the two goods, then you could draw the consumer's budget line without any more information. lf good l is on the horizontal...
6. Sam is planning a summer trip to Italy so he can study accounting where the world-famous accountant Luca Pacioli did Unfortunately, Sam is short of $7,500 for the trip due to his recent injury. Luke has agreed to loan Sam the money because he believes that the homage to the double-entry birthplace is a must for all accountants. Luke expects to be paid back at 8% interest in annual payments over 6 years. What is the annual payment? 7....
First 4 pictures are the case,
please answer these!
Case 12-3 Plastic Cable Clips In mid-September Robyn Pemberton, purchasing officer in the laundry division of Fisher & Paykel Limited, lo- cated in Auckland, New Zealand, was wondering which procurement option made most sense for the plastic cable clips requirements for the new line of washing machines. THE LAUNDRY DIVISION Fisher & Paykel Limited was the largest home appliance manufacturer in New Zealand with sales of its major ap- pliances amounting...
FART I TRUE FALSE QUESTIONS (10 points). Please write True (1) or False (F) on the blank Scarcity is the intimited nature of society's resources given society's limited wants 2. A reward is a type of positive incentive. 3. To remove difficulty of double coincidence of wants we use money. 4. An exogenous factor is a variable that can be controlled for inside the model. 5. The PPF will not have a constant slope. 6. The law of demand states...
Provide the correct answer for the following questions An efficient price system 1. a. lowers marketing costs b. transmits consumer preferences to the farm level effectively c. is equivalent to equilibrium pricing d. all of the above 2 product of labour a. increasing; constant b. increasing ; decreasing A production function Q-300 +10K+5L exhibits - returns to scale and - marginal c. constant; constant d. decreasing; constant 3. The marketing functions can a. easily be eliminated b. can only occur...
Most questions answered within 3 hours.
-
MATLAB
write a MATLAB function (1) output a third-order polynomial
function with the coefficients as the...
asked 23 seconds ago -
A z-score
communicates a raw score’s "relative standing"
under the normal curve in relation to:
asked 8 minutes ago -
An object is vibrating on a spring with the following equation
of motion:
?=(30 ??)cos((2?)/(160)?)
a)...
asked 8 minutes ago -
Vulcan Flyovers offers scenic overflights of Mount St. Helens,
the volcano in Washington State that explosively...
asked 10 minutes ago -
If organizations do not adapt fast enough and move incrementally
from the twentieth-century model to the...
asked 11 minutes ago -
A helium balloon with 2.5L of gas has a gauge pressure of 10,000
Pa. The balloon...
asked 15 minutes ago -
What is responsible for Jupiter's enormous magnetic field?
asked 31 minutes ago -
At the end of the year, a company offered to buy 5,000 units of
a product...
asked 32 minutes ago -
Implement C++ program for each of the following.
Let D = [-48, -14, -8, 0, 1,...
asked 52 minutes ago -
Consider a labor market in which LD = 400 – 4W and LS = 250 +...
asked 1 hour ago -
Let’s say you are teaching a typically-developing young child
how to eat with a spoon. Describe...
asked 50 minutes ago -
Ask Your Teacher A toy gun uses a spring to project a 5.6-g soft
rubber sphere...
asked 1 hour ago