2. The demand for hand sanitizers is off the charts due to this corona virus outbreak. People are in desperate need of hand sanitizers. Therefore, FMCGS like Unilever Bangladesh Limited is producing this life essential product in a bulk amount to help the citizens across Bangladesh to maintain the hygiene standards. Sales figures and profits for the stores are given in the following table:

2. The demand for hand sanitizers is off the charts due to this corona virus outbreak. People are in desperate need of hand sanitizers. Therefore, FMCGS like Unilever Bangladesh Limited is producing this life essential product in a bulk amount to help the citizens across Bangladesh to maintain the hygiene standards. Sales figures and profits for the stores are given in the following table:

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Calculate and complete columns (3), (4), (5), (6) and (7) as instructed by quiz question # 8. (1) (2) (3) (4) (5) (6) (7) Quantity of Total Labor Product 10 50 11 54 12 60 13 64 14 66 15 67 Use this area for calculations if needed and to answer Q10
You are presented with the following break-even chart of GHI Company. They have budgeted sales of 75 000 units. You are required to use the chart to assist you in answering the questions posed below. Break-even chart for GHI Company R(000s) 3.6 REQUIRED 3.7 3.8 320 290 250 3.9 110 Units (000s) 56 75 (a) (b) Provide the correct graph labels represented by '(a)' and '(b)'. What is the value of the fixed costs of GHI Company? What is GHI Company's break-even revenue and units? How much profit would be made if GHI were to sell 75 000 units? 3.10 Explain your understanding of fixed costs and variable costs. In your answer you are required to provide a brief definition, an example of each and make use of a rough graph to illustrate your understanding of each.
Subject : Engineering Economics Please write handwritten Answer And Explain Briefly
Each term (3 months) the current group of economics students completed a questionnaire as to how much they would spend on new purchases compared to how much they would save/pay off bills, if they suddenly and unexpectedly received a check for $1,000. The average MPC is shown in the table below. Month in which student poll was taken Average of students’ responses as MPC March 0.41 June 0.30 September 0.22 December 0.56 What do these MPC’s imply about the students’ thinking over the course of the year? (Enter response here.) What is likely happening in the economy during the same period of time?
Calculate price per unit of table if total revenue is $6600 and the output sold is 30 units
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(c) Diberi Jadual 3 Given Table 3 Jadual 3 Table 3 Dependent Variable: GNIG Method: Least Squares Sample: 1971 2020 Included observations: 50 Variable Coefficient Std. Error t-Statistic Prob. INV -0.029738 0.143418 -0.207349 0.8367 ME -0.403906 0.830281 -0.486469 0.6290 INF 0.171334 0.194713 0.879930 0.3837 GEXP 0.133799 0.126295 1.059421 0.2952 DUMMY -2.894680 1.990087 -1.454549 0.1529 -4.133286 6.959526 -0.593903 0.5556 R-squared Adjusted R-squared S.E. of regression Sum squared resid Log likelihood F-statistic Mean dependent var S.D. dependent var 0.191174 6.031855 0.099262 3.736466 5.481783 3.546176 Akaike info criterion 553.3159 Schwarz criterion 5.711226 -131.0446 Hannan-Quinn criter. 5.569156 1.529494 2.079971 Durbin-Watson stat Prob(F-statistic) 0.085970 di mana Dummy ialah pembolehubah dummi (D=0 untuk pra-krisis 2008; D=1 untuk pasca-krisis 2008) where Dummy, is dummy variable (D=0 for pre-crisis 2008; D=1 for post-crisis 2008) Kemelesetan besar, kemelesetan ekonomi yang…
Remaining Time: 1 hour, 50 minutes, 06 seconds. - Question Completion Status: QUESTION 24 The following table shows the DVDS production. Study the table and answver the questions? Labor (L) Total Marginal Average Product of product of labor (TPL) Product (MPL) labor (APL) 0. 1 20 30 3. 36 4. 40 42 6. 42 Based on the above table 1. How much is the marginal product (MPL) of the 3rd labor? 2. Which labor has the largest marginal product? 3. What is the value of Average Product of labor (APL) at 5 labors. 4. If the price of DVD is $20, what is the values of Marginal Revenue Product of labor (MRPL) at 2nd labor ? 5. If the price of DVD is $20, and the labor's wage is $80, how many labors will be hired (L*)? Click Save and Submit to save and submit. Click Save All Answers to save all answers. Save All Ans
OCHESTER 1. (12 points) Supply and Demand for Riesling The Finger Lakes region of New York State is known for its Rieslings. The demand function for bottles of wine from this region (in 100,000s) has two variables average annual income of purchasers. The functional form is: Qd=-2Pd-5+0.0011, where the price of wine and the Qd is quantity sold, Pd is the price of one bottle of wine, and I is equal to average income. Assume average annual income today is $30,000. A) (3 points) Calculate and plot the demand curve. B) (3 points) Calculate and plot the demand curve for I = $35,000 on the same graph as used in part a. == C) (6 points) Now assume a supply curve, Qs = 25P, - 175. Plot the supply curve on the same graph. Compute the equilibrium prices and quantities for the two demand curves.
If total revenue is $550 and price per unit is $55 What is the value of output sold?
. The monthly demand for trotro rides in Kumasi, Ashanti depends on the price of a taxi ride, the price of a trotro ride, and the average monthly income of riders. Some consumers might choose to ride the taxi instead of the trotro, while other riders might use both forms of transportation to get to their final destination. The demand function for trotro rides is: Qd = 9,750 – 500P + 250Pj + 5INCOME, where Qd is the number of trotro rides demanded per month, P is the price of a ride, Pj is the price of a taxi ride, and INCOME is the average monthly income of riders. Suppose that P = $1.50, Pj = $4, and INCOME = $3,000. What is the monthly quantity of trotro rides demanded? What is the value of the cross-price elasticity of demand? Based on your answer, are taxi rides and trotro rides substitutes or complements? What is the value of the income elasticity of demand? Based on your answer, are taxi rides an inferior or a normal good?