Eco 204 Week 1 Quiz

Your friend Claire has been designing her own hoodies and giving them as gifts to friends and family. She has decided to sell them online soon by using a 3rd party website with a service surcharge based on her pricing. Using the information below, what is the relationship between Claire's selling price per hoodie and profit margin? (Please plot a graph dipcting the relationship)                                                                                         Costs ($) Base Hoodie Cost  $30 Craft Supplies to design $10 Selling Website Service Charge  5%

(E6) Hello! Please help me answer this one. Please refer to the given picture/s below for the questions. Please read the instructions and directions very carefully. Double and triple check your answers, previous tutors got it wrong.   NOTE: Type only your answers. Please do not handwritten your answers. Make sure your formulas, solutions and answers' format are all correct.     Answer no 1 only!

[Use Excel] You are planning to buy a new car before you move to a new place for a job after graduation. You are given two options. The first one is the Toyota Prius which has an initial cost of $25,000 with miles per gallon (MPG) of 50. The second option is a regular sedan car with an initial cost of $18,000 and an MPG of 25. If the gasoline price is $ 4.50/gallon, the annual effective interest rate is 8%, beyond which annual mileage of the car you will choose Prius over the regular car. The car is supposed to stay for 10 years. [Round the final answer to an integer by round(answer,0) command]

ENGINEERING ECONOMY (ALREADY ANSWERED IN BARTLEBY. PLEASE DO NOT COPY) RATE WILL BE GIVEN. WRITE THE COMPLETE EXPLANATION LEGIBLY OR TYPEWRITTEN.    You have been taking a course on game theory at university. After attending 10 of  15 hours of classes, you realize that you don’t enjoy the subject and are likely to do poorly in the final exam. At this point, you could stop attending these classes  and give up on the course. However, you decide that since you have already spent so much time going to class, it would be costly to stop attending them. Is this reasoning correct?

Economics URGENT PLEASE** As a PMO officer, you are asked to do an evaluation for a natural gas pipeline right in the middle of the project’s planned schedule. There are concerns that it will go over budget and schedule because 40 million dollars has been spent in the project so far. According to the project charter, the pipeline length is 72 km and must be completed in 6 months, with a budget of 57.6 million AUD. You performed an inspection and find out that installation of 30 km of pipeline has been completed. Using earned value analysis, answer the following questions:   A ) Calculate the Schedule performance index (SPI) and the cost performance index (CPI) at the time of inspection. What do they mean? [ B) According to your analysis, how much is the project going to be over budget? (Calculate the estimate to completion (ETC).)  C) As a key part in your report to the management, what is your advice for cutting the expenditure in the rest of the project, in order to finish the…

Economics URGENT PLEASE** As a PMO officer, you are asked to do an evaluation for a natural gas pipeline right in the middle of the project’s planned schedule. There are concerns that it will go over budget and schedule because 40 million dollars has been spent in the project so far. According to the project charter, the pipeline length is 72 km and must be completed in 6 months, with a budget of 57.6 million AUD. You performed an inspection and find out that installation of 30 km of pipeline has been completed. Using earned value analysis, answer the following questions: A) What is the earned value (EV) for this project at the time of inspection (month 3)?  B) What is the planned value (PV) for this project at the time of inspection?  C) Calculate the Schedule variance (SV) and the cost variance (CV) at month 4. What do they mean? D) Calculate the Schedule performance index (SPI) and the cost performance index (CPI) at the time of inspection. What do they mean? [ E) According to your…

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Problem 5 starts on 1 page and goes to 2nd. Thank you

Engineering Econ: Recently, you were in a car crash and are looking to decide whether to purchase a gas-powered Toyota RAV4 or the RAV4 hybrid that uses both gasoline and electric power. The traditional, gas-powered RAV4 sells for $26,000 and gets 22 miles per gallon (mpg) of fuel. The hybrid vehicle sells for $32,000 and averages 34 mpg. The resale value of the hybrid RAV4 is $4,000 more than that of the traditional RAV4 after five years of anticipated ownership. Assume that you badly need a new car (since insurance will only cover a rental for so long), such that both alternatives are acceptable; as such, you can consider the traditional RAV4 the baseline for comparison. If you drive 15,000 miles per year and gasoline costs $2.50 per gallon, what is the annual internal rate of return associated with the incremental investment in the hybrid RAV4? (Express your answer as a percentage, rounded to the nearest tenth of a percent, e.g., 17.5 if you believe the answer is 17.5% per year.)

Only typed answer  When savings is 0, I is:   A) 500   B) 400   C) -400   D) 2000   E) 2400

t FI Search (Alt+Q) Draw Design View Help Table Design Layout Design Layout References Mailings Review As the manager of Lewis Inc., a company that produces lamps, you conducted a study of the production process. The study was based on 8 units of capital currently used by your firm. (This is the short run in which capital is fixed.) 1 Week 7 Assignment Compatibility Mode Saved to this PC Text Predictions: On @ 2 W 3 Per unit capital costs are $20 and the price of lamps is $12 each (this is a competitive market). Workers at Lewis Inc. are paid $60 per labor unit. (You can think of one unit of labor as one worker, and each worker is paid $60.) Fill in the blanks in the following table. Hint: Please follow Table 1 on page 364 of the textbook. Please note that a competitive, profit-maximizing firm hi 1 7 Labor (L) E 0 1 2 8 9 10 Accessibility: Unavailable $ 4 3 4 5 6 7 FI . R Q C Capital (K) F5 % 8 8 8 8 8 8 8 8 8 8 8 L T i F6 Output (Q) 6 0 10 30 60 80 90 95 95 90 80 60 Marginal Product…

Type out the correct answer within 50min, will give you upvote only for the correct answer. thank you   Himani and Ravi live in a deserted nation called Desertland. Himani spends all her time growing bananas and coconuts. This year, she harvested 1000 bananas and 500 coconuts. She values one coconut as worth two bananas. Himani gave Ravi 200 bananas and 100 coconuts in exchange for help in harvesting the fruits. Himani stored 100 bananas in her house for future consumption, while Ravi consumed all his bananas and coconuts. In terms of coconuts, calculate the GDP of Desertland using the following: a. Expenditure method b.Income method

1 MCQ 1 of 25 Aroha has to choose among three possible activities to do on Sunday morning. She ranks her preferences (from most preferred option to least preferred option) as follows: attend the local community Church service with her Nan; hang out with friends at the Westfield Manukau City Shopping Centre; go and watch the Counties Manukau rugby league game. What is her opportunity cost of attending Church with her Nan (Option 1)? Select one alternative: Hanging out with her friends and watching the rugby league game. There is no opportunity cost. Hanging out with her friends. Either hanging out with her friends or watching the rugby league game.

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Air pollution in the country of Gawanza has grown over the last ten years with an increase in manufacturing industries. The government of Gawanza now has a plan to reduce the CO2 emissions into the air by 10% per year over the next 10 years. What do you expect will happen? Group of answer choices The cost and benefits to Gawanza will be lowest in the last few years of implementing this plan. The cost and benefits to Gawanza will be highest in the last few years of implementing this plan. The cost will be the highest and benefits the lowest in year ten.

A https://bbhosted.cuny.edu/webapps/assessment/take/launch.jsp?course_assessment_id%3_1840433_18&icourse_id=_1973374_1&content_id=_56338622_18is Remaining Time: 33 minutes, 41 seconds. v Question Completion Status: Figure Terice 10 1s 6. 6. 10 20 30 40 50 60 70 80 quantity Refer to Figure. A price floor of $ 8 in this market would result in O a. the quantity of the good demanded decreases by 10 units. O b. the quantity of the good demanded increases by 10 units. O c. the quantity of the good demanded decreases by 30 units. O d. the buyer's total expenditure to decrease by $20. QUESTION 2 Price controls O a. helps only buyers. O b. helps only sellers. O C. can help both buyers and sellers. O d. helps neither buyers or sellers.

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S LO 20 # 3 PRICE (Dollars per hot dog) 5. History Bookmarks People Tab Window Help 令) 71% Mind Tap - Cengage Learning /index.html?deploymentld%359828119415547787292595253&elSBN=9780357133606&id%3D1069413986&snapshotid%-D2211990& * CENGAGE MINDTAP Q Search this course Homework (Ch 15) 5. Monopoly outcome versus competition outcome Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium with many hot dog stands in the city, each one selling the same kind of hot dogs. Therefore, each vendor is a price taker and possesses no market power. The following graph shows the demand (D) and supply (S = MC) curves in the market for hot dogs. %3D Place the black point (plus symbol) on the graph to indicate the market price and quantity that will result from competition. Competitive Market +. 4.5 PC Outcome 3.5 3.0 2.5 S=MC 1.5 0.5 D. 120 140 160 180 09 QUANTITY (Hot dogs) 40 PI MacBook Air DA DD F8 F6 F5 F4 F2 %24 6. 7. 8. 9- 4. 2.

General Motors Corporation in their Detroit plant, makes industrial strength eight-cylinder engines that are used in their heavy duty automobiles Operations manager at Detroit plant has developed the following supply, demand, cost, and inventory data for future planning purposes. Supply Available Regular Time Demand Forecast Period Overtime Subcontract 1 40 15 10 40 2 30 15 10 55 3 30 20 10 50 20 units $100 Initial inventory Regular-time cost per unit Overtime cost per unit Subcontract cost per unit $160 $200 Carrying cost per unit per month $6 Assuming the initial inventory has no holding cost in the first period and that backorders are not permitted.

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ECONOMICS   A logistic analysis indicates that if a new bridge across the Cumberland River is constructed near a busy highway intersection in the commercial part of a mid-western town, the transportation cost of delivery trucks can be saved significantly. Logistics TransNet Industrial Consortium estimates that the construction (first) cost of the bridge is $1,900,000 and annual upkeep is estimated to be $25,000 per year. In addition to annual upkeep, major maintenance work is anticipated every ten years at a cost of $350,000 per occurrence. Annual savings in transportation cost is expected to be $150,000 per year. The salvage value of this bridge is negligible. The Consortium uses a MARR of 8% per year. Suppose that the bridge has a useful life of 30 years, what is the exact rate of return of this bridge construction?

Solve parts 1(d) and 1(e) ONLY

8 Assignment (1) - Compatibility Mode Saved to this PC ✓ Design Layout References Mailings Review View Problem 1 ns: On Search (Alt+Q) Mario consumes only cheese and crackers. a. Could cheese and crackers both be inferior goods for Mario? Explain. Problem 2 Help b. Suppose the cheese is a normal good for Mario while crackers are an inferior good. If Mario's income falls, what happens to Mario's consumption of crackers? What happens to his consumption of cheese? Explain. I Accessibility: Unavailable monica faggett What is marginal rate of substitution (MRS) in Economics? Use an example to explain MRS. W Focus BO