Homework Answers
1. Opportunity Cost is the benefit foregone by not choosing the second best alternative. The opportunity cost incurred in reading Chapter 1 of macroeconomics textbook is spending recreational time with friends and chatting with them. As the time is pent in reading Chapter 1 which could have been utilized in chatting with friends. Thus the opportunity cost incurred in reading Chapter 1 of macroeconomics textbook is spending recreational time with friends and chatting with them.
The opportunity cost per chapter would remain the same as spending relaxation time with friends as I read three more chapters of the book today.
2. I could spend 4 hours on homework in a day, but I spend only 2 hours on homework in a day. This is because the homework gets over in maximum 2 hours as it is not much complicated and I do not prefer spending unnecessary time repeating the same work. The time to be spent on homework is being decided based on the complexity of the homework and number of other priority tasks being lined up other than homework.
1. In case of an absolute need of A, the demand curve is inelastic in nature. The demand would remain the same irrespective of the change in price. The shape of the demand curve would be a vertical line parallel to price axis. It means that the demand would remain the same at any particular price point. This is not realistic, because there are always certain constraints based on the price and the demand of the commodity. A person cannot pay any price for getting any commodity.
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Homework Assignment - Prep for 1st Exam Questions: Chapter 2 1. What opportunity costs did you...
Role of Government 1. Could local fire departments be privately operated, with their services sold directly...
Role of Government 1. Could local fire departments be privately operated, with their services sold directly to customers? What problems would be involved in such a system? Problems: Chapter 2 Assume that a student told an instructor that he absolutely needed an “A” in the class and would pay anything to get it. If this were true, what shape would his demand curve have? Why isn't this realistic? of Government
The concept of Opportunity Cost, and Production Possibilities is introduced in Chapter 1. Select one of...
The concept of Opportunity Cost, and Production Possibilities is introduced in Chapter 1. Select one of the following questions to answer: You do not have to do all of the below select but be sure to pick and answer one of them and discuss the economic concept involved as support of your answer where possible. QuestionI How might a nation's production possibilities be affected by the following? 1. New solar technology 2. An increase in immigration 3. An increase in...
HOMEWORK ASSIGNMENT 1. CHAPTER 3 (MAIN BODY OF THE TEXT NOT THE APPENDIX) EXERCISES DISCUSSION QUESTIONS:...
HOMEWORK ASSIGNMENT 1. CHAPTER 3 (MAIN BODY OF THE TEXT NOT THE APPENDIX) EXERCISES DISCUSSION QUESTIONS: 1, 2, 3, 5, 6 REVIEW QUESTIONS: 1, 2, 3, 4, 5, 7, 8, 9 PROBLEMS 3, 4 II. PROBLEMS BASED ON LECTURE NOTES: (1) As you SAW, STARTING FROM THE EQUILIBRIUM POSITION, WHEN THE MARKET DEMAND CURVE SHIFTS TO THE RIGHT OR TO THE LEFT THE EQUILIBRIUM PRICE AND THE EQUILIBRIUM QUANTITY MOVE IN THE SAME DIRECTION. (THAT IS THEY BOTH EITHER INCREASE...
if you can do both requirements that would be great Homework: Homework Chapter 1 Score: 1.67...
if
you can do both requirements that would be great
Homework: Homework Chapter 1 Score: 1.67 of 5 pts %E1-22 (book/static) 6 of 16 (7 complete) Mountain Drycleaners started 2018 with total assets of $19,000 and total liabilities of $14,000. At the end of 2018, Mountain's total assets stood at $12,000 and total liabilities were $9.000 Requirements 1. Did the owner's equity of Mountain Drycleaners increase or decrease during 2018? By how much? 2. Identify the four possible reasons that...
Answer these questions based off the case, What was the initial problem or area of opportunity for OD? What did the pra...
Answer these questions based off the case, What was the initial problem or area of opportunity for OD? What did the practitioner do? What were some of the problems or struggles along the way? How does this example illustrate one or more of the definitions of OD listed in Chapter 1? Health care workers who have the challenge of caring for critically ill patients experience stress, emotional exhaustion, and burnout at very high rates compared with workers in other fields....
AEC4063 Futures and Options - Homework 2 Chapter 1 Name: ID: 1. You have bought a...
AEC4063 Futures and Options - Homework 2 Chapter 1 Name: ID: 1. You have bought a cor contract (5,000 bushels, 2007 March Delivery) at a price of $4.04 per bushel on January 31, 2007. Several days later, your broker inform you that you have incurred a paper loss of SSOO, necessitating a margin call. What was the settlement price of corn on the day your loss reached $500? 2. NYMEX: www.nymer.com Light Sweet Crude Oil Trading (1 contract, 1000 barrels),...
Instructions Answer the questions posed in this homework. When you are finished, scan or take a...
Instructions Answer the questions posed in this homework. When you are finished, scan or take a picture of your work and turn the file into Canvas. Solve these growth and decay problems. Make sure you show your work. Problems 1. Suppose you put with 10 pounds of living algae in a shallow growth pond on May 15. If the rate of increase is 5%/day and you harvest on September 15 (123 days later), how many pounds would you expect to...
Please help me with my Economics Homework? 1. For each of the following situations, identify the...
Please help me with my Economics Homework?
1. For each of the following situations, identify the full cost (opportunity cost) involved Monique quits her $75,000 per-year job as an accountant to become a full-time volunteer at a women's shelter O A. O B. O C. The opportunity cost of volunteering at the shelter is the wages she gave up The opportunity cost of Monique's decision is the value of the next-best alternative not chosen. The opportunity cost of Monique's decision...
Chapter 9 Organic Chemistry 1 Homework 7. Starting with ethyne, outline syntheses of each of the...
Chapter 9 Organic Chemistry 1 Homework 7. Starting with ethyne, outline syntheses of each of the following. other needed reagents, and you need not show the synthesis of compounds prep carlier parts of this problem. (a) Propyne, (b) 1-Butyne, (c) 2-Butyne, (d) cis-2-Butene (e) trans-2-Butene (1) 1-Pentyne, (s) 2-Hexyne, (h) (Z)-2-Hexene (E )-2-Hexene, () 3-Hexyne, (k) ó b 8. Write structures for the maior arcanic products from the following reactions. Show stereoisomers where applicable. (c) (1) Na CL, (1 equiv.)...
. 1 Normal 1No Spac... Font Paragraph For all the problems, to receive full scores, you...
. 1 Normal 1No Spac... Font Paragraph For all the problems, to receive full scores, you have to show your complete and accurate work. If you only provide the final answers without showing your computations, you will not be assigned a full score (or you will miss the opportunity of receiving partial credit). All homework is to be turned in on time through D2L Problem 1: Little's Law (7 points) A company works 24 hours per day, seven days per...
Role of Government 1. Could local fire departments be privately operated, with their services sold directly to customers? What problems would be involved in such a system? Problems: Chapter 2 Assume that a student told an instructor that he absolutely needed an “A” in the class and would pay anything to get it. If this were true, what shape would his demand curve have? Why isn't this realistic? of Government
The concept of Opportunity Cost, and Production Possibilities is introduced in Chapter 1. Select one of the following questions to answer: You do not have to do all of the below select but be sure to pick and answer one of them and discuss the economic concept involved as support of your answer where possible. QuestionI How might a nation's production possibilities be affected by the following? 1. New solar technology 2. An increase in immigration 3. An increase in...
HOMEWORK ASSIGNMENT 1. CHAPTER 3 (MAIN BODY OF THE TEXT NOT THE APPENDIX) EXERCISES DISCUSSION QUESTIONS: 1, 2, 3, 5, 6 REVIEW QUESTIONS: 1, 2, 3, 4, 5, 7, 8, 9 PROBLEMS 3, 4 II. PROBLEMS BASED ON LECTURE NOTES: (1) As you SAW, STARTING FROM THE EQUILIBRIUM POSITION, WHEN THE MARKET DEMAND CURVE SHIFTS TO THE RIGHT OR TO THE LEFT THE EQUILIBRIUM PRICE AND THE EQUILIBRIUM QUANTITY MOVE IN THE SAME DIRECTION. (THAT IS THEY BOTH EITHER INCREASE...
if
you can do both requirements that would be great
Homework: Homework Chapter 1 Score: 1.67 of 5 pts %E1-22 (book/static) 6 of 16 (7 complete) Mountain Drycleaners started 2018 with total assets of $19,000 and total liabilities of $14,000. At the end of 2018, Mountain's total assets stood at $12,000 and total liabilities were $9.000 Requirements 1. Did the owner's equity of Mountain Drycleaners increase or decrease during 2018? By how much? 2. Identify the four possible reasons that...
AEC4063 Futures and Options - Homework 2 Chapter 1 Name: ID: 1. You have bought a cor contract (5,000 bushels, 2007 March Delivery) at a price of $4.04 per bushel on January 31, 2007. Several days later, your broker inform you that you have incurred a paper loss of SSOO, necessitating a margin call. What was the settlement price of corn on the day your loss reached $500? 2. NYMEX: www.nymer.com Light Sweet Crude Oil Trading (1 contract, 1000 barrels),...
Instructions Answer the questions posed in this homework. When you are finished, scan or take a picture of your work and turn the file into Canvas. Solve these growth and decay problems. Make sure you show your work. Problems 1. Suppose you put with 10 pounds of living algae in a shallow growth pond on May 15. If the rate of increase is 5%/day and you harvest on September 15 (123 days later), how many pounds would you expect to...
Please help me with my Economics Homework?
1. For each of the following situations, identify the full cost (opportunity cost) involved Monique quits her $75,000 per-year job as an accountant to become a full-time volunteer at a women's shelter O A. O B. O C. The opportunity cost of volunteering at the shelter is the wages she gave up The opportunity cost of Monique's decision is the value of the next-best alternative not chosen. The opportunity cost of Monique's decision...
Chapter 9 Organic Chemistry 1 Homework 7. Starting with ethyne, outline syntheses of each of the following. other needed reagents, and you need not show the synthesis of compounds prep carlier parts of this problem. (a) Propyne, (b) 1-Butyne, (c) 2-Butyne, (d) cis-2-Butene (e) trans-2-Butene (1) 1-Pentyne, (s) 2-Hexyne, (h) (Z)-2-Hexene (E )-2-Hexene, () 3-Hexyne, (k) ó b 8. Write structures for the maior arcanic products from the following reactions. Show stereoisomers where applicable. (c) (1) Na CL, (1 equiv.)...
. 1 Normal 1No Spac... Font Paragraph For all the problems, to receive full scores, you have to show your complete and accurate work. If you only provide the final answers without showing your computations, you will not be assigned a full score (or you will miss the opportunity of receiving partial credit). All homework is to be turned in on time through D2L Problem 1: Little's Law (7 points) A company works 24 hours per day, seven days per...
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