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- 8. Productive and allocative efficiency A clothing company can use one of the following four production processes to produce 5,000 garments per month. Which production process is the most productively efficient? One that involves 30 workers and 50 machines One that involves 20 workers and 20 machines One that involves 20 workers and 50 machines One that involves 30 workers and 20 machines7 Total net benefits of an activity are maximised at the level when the marginal benefit (MB) of the activity is greater than the marginal cost (MC) of the activity. true or false9. In international realtions Unexploitable strategies are Group of answer choices (pick one) 1. bad for cooperation because they encourage other players to defect 2. bad for cooperation because they always defect first 3. good for cooperation because they encourage other players to defect 4. good for cooperation because they discourage other players from defecting
- Part B: Suppose you can do one, and only one, of the following four things today: Thing A, Thing B, Thing C, and Thing D; and you get monetary benefits, and only monetary benefits, from doing each, you may also incur monetary expenses in doing each, These benefits and expenses are as follows, $ Benefits Thing A $300 Thing B $600 Thing C Thing D $800 $400 $ Expense $0 $250 $520 $180 d. e. things. Calculate the total cost (including the opportunity cost) of each of the four Describe how you make your decision as to which thing to do today. Also try to explain how the concept of opportunity cost is useful in your decision making.3. Recycling CanFor the past 10 years, five Colorado cities have held a recycling contest to see which citydoes the best job of recycling plastic, glass, and aluminum. Those participating in thisyear’s contest are Arvada, Centennial, Lakewood, Highlands Ranch, and Parker.To make the contest fair for both large and small cities, the winning city will be the one that recycles the largest number of cans per capita—the number of cans recycled dividedby the number of city residents. 0.02 per can Recycling Can Contest City Population Jan Feb Mar Total Per Capita Arvada 15,855 10,505 24,556 12,567 Centenntial 28,951 24,567 21,777 26,719 Lakewood 142,547 102,376 105,876 121,987 Highlands Ranch 2,801,561 2,714,664 2,503,344 1,999,877 Parker 1,689,908 1,523,665 1,487,660 1,002,545 Total -…Subject :- Economy
- 11. Lola starts a consulting business for companies. She makes all the business decisions and bears the risk of running the business. Lola expects to receive: a. An income greater than your opportunity cost b. A utility or economic benefit c. A normal profit or profit d. An income greater than the capital investment3. The relationship between marginal and average costs Consider the following scenario to understand the relationship between marginal and average values. Suppose Caroline is a professional basketball player, and her game log for free throws can be summarized in the following table. Fill in the columns with Caroline's free-throw percentage for each game and her overall free-throw average after each game. Game Game Result Total Game Free-Throw Percentage Average Free-Throw Percentage 1 6/8 6/8 75 75 2 2/8 8/16 3 2/4 10/20 4 8/10 18/30 5 8/10 26/40 On the following graph, use the orange points (square symbol) to plot Caroline's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot her overall average free-throw percentage after each game. Note: Plot your points in the order in which you would like them connected. Line segments will connect the points automatically. 100 90 80 Game Free-Throw Percentage 70 60 Average Free-Throw Percentage…How do you measure personal brand value? How do you determine that a person's personal brand value has increased? *Reflect on your own life, and identify one (or two, if you can) big decisions that you made, that increased (or decreased) your personal brand value?
- Week 6 Lab 2 delta change loop (1) - Word put References Mailings Review View Help O Tell me what you want to do Aa- E-E-E- A1 T AaBbCcDc AaBbCcDc AaBbC AaBbCc] AaB AaBbCcl 1 Normal 1 No Spac. Heading 1 Heading 2 Title Subtitle Paragraph Styles When a professional football team raises its ticket prices by 10 percent, its sales revenues decline. From this information, what can you say about the price elasticity of demand for its tickets? I 島(Ctrl) lyp1. If a certain combination of goods or services lies outside the production possibilities curve of an economy, which of the following is true? ( (A) Effective trade barriers have reduced foreign imports into the economy. (B) New technology is being used in production. (C)Resources are not available to achieve that combination of goods or services. (D)Resources are not being used efficiently to achieve that combination of goods or services. (E) Resources are being used at a more rapid rate than they were in the past. 2. According to the graph left, an increase in aggregate supply will most likely cause income and employment to change in which of the following ways? ( Aggregate Supply Aggregate Demand GROSS DOMESTIC PRODUCT Income Employment (A) Decrease (B) Decrease (C) No change (D) Increase (E) Increase Decrease Increase Increase Decrease Increase PRICE LEVEL6