ASSIGNMENT On Friday, Dixie set up a lemonade stand and determined that if she reduced the price for a glass of lemonade by 4%, she sold 12% more glasses of lemonade. Answer the following questions: (a) What was the price elasticity of demand for lemonade on Friday? (b) Should Dixie raise or lower her price […]
What is the multiple regression equation- show all estimated coefficients in the equation? Interpret the coefficients and predict the fuel consumption when temperature is 45 degrees, and the chill index is 8.
Eco 309-Assignment 4 Total points 125. Submit through D2L in Word/Excel format, single or multiple files. Must show all Excel work, answer all parts of the question, and write necessary explanations to earn full points. Use Excel to solve this numerical problem (project). Question 4. The local utility company hypothesizes that fuel consumption (natural gas) […]
What output or q is the most efficient production level? If the market price is $1.00 then what output or q is the most profitable production level?
Economic Assignment Indicate if the following questions are True or False. Explain “Why” your answer is True or False. Firms exist to produce and sell as much as possible. Why? Employing economic cost/profit instead of accounting cost/profit when making business decisions tends to generate more efficient or superior economic results. Why? For a monopoly, the […]
Write in your own words what you have understood from the article(s) and how this relates to what you have learned in the Econ class.
Managerial Economics Class Choose any topic discussed in the managerial economics class and write a 5 page essay with the following specifications. Typed – Double spaced Font Size – 11 or 12 Margins – 1 inch APA formatting References included The paper should consist of the following: (a) A discussion on your selected topic covering […]
Conduct a research on gun control then write a research paper explaining how gun control is detrimental to citizens.
Gun Control Conduct a research on gun control then write a research paper explaining how gun control is detrimental to citizens.
Create a scatter plot with travel cost per person on the X axis and visit rate on the Y axis. Fit a line through the data and report the slope.
MATH PROBLEM 2 and 3 2. Lincoln County has hired your economic consulting firm to calculate the net benefits from recreation visits to Seal Rock Wayside. Admission to Seal Rock is currently free. You conduct some field work and initial research that yields the following information: City/Town Miles from Seal Rock Population (1000 s) Number […]
Explain the economic rationale for the difference between the central planner’s solution and the decentralized, voluntary solution.
Political Economy – W4370 Fall 2022 Problem Set 7 Question 1. This question asks whether voting can play a role in solving free-riding problems in public good provision, and if so why. Imagine a small economy composed of three individuals, 1, 2, and 3. Each of them has utility function: Ui = ln(ci) + i […]
Consider that the calcium requirement is raised to 54 units. Calculate and provide an economic interpretation of the shadow price associated with calcium.
Linear Programming HW Answer the following questions on Linear Programming . A manager has formulated the following LP problem. Draw the graph and find the optimal solution. Maximize: 10x+15y, subject to 2x+5y ≤ 40 and 6x+3y ≤ 48. An athlete carefully watches her intake of calcium, protein, and calories. Her breakfast diet consists mainly of […]
Write an 8-10 page doubled spaced memo (2000-2500 words) for a policymaker who is not an economist or benefit-cost expert.
“MEXICO’S PROGRESA-OPORTUNIDADES-PROSPERA PROGRAM TRANSFERS RISE OF SOCIAL ASSISTANCE IN LATIN AMERICA” (2020) Research Paper: Write an 8-10 page doubled spaced memo (2000-2500 words) for a policymaker who is not an economist or benefit-cost expert, make a decision about whether or not the policy/program that you are analyzing should be pursued.
Explain why education matters for economic development. Also, explain what the relationship between poverty and illiteracy is.
What have you learned about investing? Research Paper: Take a look at how much a country spends on its GDP. Explain why education matters for economic development. Also, explain what the relationship between poverty and illiteracy is. Also, explain the typical walkthrough on the stock market and how to calculate risk based on return on […]