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- 2. Mang Oleh Kembang in Lembang has 10 major fields that are used to grow Mango. The productivity of each field is expressed as follows: Annual Yield, Hundreds of Kilograms Field 1 2000 Field 2 1800 Field 3 1750 Field 4 1625 Field 5 1500 Field 6 1450 Field 7 1375 Field 8 1225 Field 9 8500 Field 7250 10 Assume that each field is the same size and that the variable costs of farming are $74,600 per year per field. The variable costs cover labour and machinery time, which is rented. Tamima farm must decide each year how many fields to plant. a. In 2017, corn farmers received $5.15 per 100 KG. How many fields did Tamima plant? Explain. b. By 2020, the price of corn had fallen to $4.23 per 100 KG. How will this price decrease change Tamima's decision? How will it affect his demand for labour?Urgently needCalculate the value of output in the given image
- 37. Suppose that in a country 10% of all females born die in infancy, 20% die at age 20, 15% die at age 30 and one-third die age 60. Women bear one child at age 25, one child at age 28, one child at age 32, and one child at age 35. One-half of children are girls. a. Compute the TFR and the NRR. b. Suppose that mortality is reduced so that there is no infant mortality, a third of all women die at age 20 and a third at age 30 and one-third at age 60. Compute the NRR. c. Suppose now that age-specific fertility changes, so that women have (on average) one-half child at ages 25, 28, 32, and 35. Compute the TFR and the NRR.(i) Find the product AB using -1 0. A : 5 -4 [3 (ii) Does BA exist?
- 331---consider a consumer who earns income each month. person has to spend each month on essential goods, such as food and personal. person has no access to reliable savings, so person must spend her entire income each month. The consumer is interested in taking a loan to finance a large purchase. The cost of capital for banks is fixed at each month and the monthly interest rate charged to borrowers is . Both and are equal to one plus the interest rate as we are used to seeing it – e.g., if a loan charges 5% monthly interest, then = 1.05 2---What is the largest nonessential purchase that the consumer can make each month without borrowing? Express it as a function of y c 3--Under the zero profit condition for lenders (i.e. banks), what will the interest rate charged to borrowers be? Assume there is no risk of default and no fixed costs and express it as a function of(capital k), y,c 4--What is the borrower’s monthly disposable income (exclusive of essential purchases) with a loan, under…3. A city of population 1M, with 3% unemployment, has decided to pay a locally owned construction firm to build a new half mile long bridge. The city will borrow to finance the construction and will raise its property tax revenue by $20M (M for million) per year to pay back the loan and all costs of operating the bridge for 50 years. Of the expenditure on building and operating the bridge, 60% will pay for local value added (goods and services provided by city residents). The government expects that the demand curve for crossings over the bridge will be linear, with a choke price of $8. They plan to charge no toll and expect that there will be 12M crossings per year, only by city residents driving cars, and almost never any traffic congestion. In the problems below, except in part f, assume that the government's expectations are correct.
- ECONOMICSOutput/Income Consumption Savings MPC MPS APC APS 0 80 0-80 = -80 - - - - 100 140 100-140 = -40 0.6 0.4 1.4 -0.4 200 200 200-200=0 0.6 0.4 1 0 300 260 300-260=40 0.6 0.4 0.8666666667 0.1333333333 400 320 400-320=80 0.6 0.4 0.8 0.2 a. Assume Y= 400 Calculate the level of Consumption Hint: plug in 400 for Y into the Consumption and Savings equations, Also, calculate the following APC (C/Y); APS (S/Y) b. Calculate the Multiplier 1/(1-MPC) c. Assume Y= C + I + G + X I=20; G=30 X=0 Use the equation derived in (d) above; use this to Plug in the value of C into the equation. I=Busines Investments G= Government Spending X=Net exports1. It is known for a curved, hand-held farm tool used for harvesting grain crop or cutting grass. 2. It has a large cutting teeth than a normal saw for quick cuts in branches and limbs over an inch in diameter. 3. This is ideal for digging through hard packed soil and clay of its pick (pointed end) and the mattock (wide blade). 4. Little shovels valuable during planting season or gardening. 5. Its straight edge is used for leveling seedbeds while the corners may be used for making furrows. 6. It is good for tilling the soil and breaking up heavy dirt lumps. 7. It has long angled tines that can be used for making garden, pruning weeds, and others. _8. This tool is ideal for removing light materials such as sawdust or dried manure. 9. This tool is smaller and lighter than round point shovel suited for lighter works. 10. It is used to measure water turbidity or transparency.