Wages, Rent, Interest and Profit Goods and Services Sold Goods and Services Purchased Consumption Spending Inputs for Production Firms Product Markets Capital, Land, Labour and Entrepreneurship Revenue

Q: a) On the graph to the right, use the line drawing tool to draw the total cost curve for each option…

A: A total cost curve is a graph that represents the total costs of production as a function of the…

Q: The main objective of a supply chain is to maximize the overall value created. Briefly describe the…

A: A supply chain is the network of all the individuals, organizations, resources, activities and…

Q: O A. Everyone has unsatisfied wants.

A: There are various definitions of economics. The early economists called economics 'the science of…

Q: please complete box only Growth and use verb

A: The given table shows a chart with the growth, history, and other business details of Mercedes-Benz.

Q: Which statement best explains how human capital affects the manufacturing of a product? It affects…

A: The economic value of a worker's experience and talents is referred to as human capital. Employers…

Q: definition of products, goods and services

A: TO understand the definition of these terms, we need to understand that goods and products are used…

Q: What do the Raw-mat materials inventory represent?

A: Inventory of raw materials is the overall cost of all component parts currently in storage which…

Q: Consider the previous graph. Suppose that the price of a sedan increases from $21,000 to $26,000.…

A: Greater quantities of product are supplied at higher prices, while fewer quantities are supplied at…

Q: Productive forces are Energy, equipment, and technology. The economic laws regulating the process…

A: Production factors:- Production forces are the resources used throughout the manufacturing process…

Q: Increases in productivity are difficult to achieve ifthe task is more good-producing and…

A: Economics deals with allocation of limited resources to maximise the welfare of the economy. It also…

Q: The price of land used in production.     Mortgage     Rent     Savings     Profit…

A: Land, labour, entrepreneurship, and capital are examples of components of production. The present…

Q: You have been working as a manager of fashion store. During your work you have saved $50,000. You…

A: Explicit cost = utility + salary of clerk + material = 8000 + 20000 + 50000 = 78000 implicit cost =…

Q: British American Tobacco (BAT) runs the largest private sector run afforestation program in…

A: British American Tobacco (BAT) Bangladesh has a close connection with the government of the country…

Q: Million in 7 years. To the nearest 0.1%, find the annual interest rate that Hogansville will have…

A: Annual interest rate refers to the interest that is charged for borrowing money usually expressed as…

Q: Q2 Anna plans to start her business by opening a bakery. To make her plan successful, she ha begun…

A: The cash flow diagram represents income and expenses over a time period.

Q: Which of the following The labor used to UGGs sold online O Advertisements fo The utility or enjoy

A: Factors of production refer to inputs used in the process of production of output.  There are four…

Q: When compared to a large business, a small business has O roles that are shared across a larger…

A: An organization or entity that is being engaged in activities of industrial, commercial, or…

Q: Refer to image; please show work

A: The Consumer Price Index is a tool for tracking long-term trends in consumer-paid prices for…

Q: What are the various types of manufacturing costs?

A: There are 4 types of manufacturing cost : 1. Direct Material Cost  Direct Material Cost is a cost of…

Q: The marginal cost of production of a firm is given as C'(Q) = 5+ 0.13Q. Also, the marginal revenue…

A: Marginal cost shows the changes in the total cost by producing an additional unit of output while…

Q: A company producing two different goods of quantities m and n, function 1(m,n) = -3m² – 2n² – 2mn +…

A: Given: Profit function: π(m,n) = -3m2-2n2-2mn+160m+120n-18

Q: d) Derive the LM curve. e) Find the equilibrium values of Y and r. f) The central bank wants to…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…

Q: C and D

A: c) GDP = C+ I+G+NX = Personal consumption expenditure + Net private domestic investment + Government…

Q: Raad wants to sell his workout DVDS in the Middle East, Asian, and Latin African countries. will…

A: As Raad wants to sell his DVDs in different countries without travelling to that place, the…

Q: Siven the Aggregate Expenditure schedule for Country A below. Calculate national income and net…

A: National income is summation of Consumption,  Investment,  Government expenditure and Net exports.…

Q: 3. Public Goods: There are two consumers of fireworks, which are a public good. Amanda's benefit…

A: a. MBa =100-Q MBs = 60-Q MBt = Total Marginal Benefit = MBa +MBs = 100-Q + 60-Q = 160-2Q   b.…

Q: Copy table and fill in missing figures

A: In a country many economic activities takes place such as production, consumption, buying, selling,…

Q: Sam quit his job and started his own business. He made a $100,000 salary at his old job. The company…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Explain the different approaches in doing research 1. Descriptive Research 2. Analytical Research 3.…

A: The following methods of Research can be explained as follows :

Q: A student is buying an automobile that costs $12,000 and she will borrow the money from a bank, and…

A: The objective of the question is to calculate the annual installment amount that the student needs…