econ questions

2(b)(i) Timothy quits his job, which pays $6000 a year to enroll in a 2-year graduate program. His annual school expenses are $60000 for tuition, $8000 for books and $1400 for food. What is his opportunity cost of attending the graduate program.   2b(ii) What core principles are considered in Timothy’s decision making? Scarcity, choice and opportunity cost Cost-Benefit analysis Incentive principle Diminishing returns Select one: All principles are considered (i) only (i) and (ii) only (i), (ii) and (iii) only (ii) and (iii) only (i) and (iv) only (ii) and (iv) only (iii) and (iv) only

Using a diagrams and supportive evidence explain the  impact of COVID-19 pandemic on consumer 2020 in Malaysia. Give an example

Question 1 Restricting websites to collect data about children under the age of 13 is covered by what legislation? Question 2 Why do IT organizations outsource work? Question 3  “In Everett Roger’s Technology Adoption User Types, which group of users are the first to adopt new technologies?” Question 4 The simplest way to document a process it to ________ Question 5 What is the critical path in a project plan? Question 6  “When a company “”exports jobs”” overseas, the company is __________________.” Question 7 This implementation methodology is the most risky. Question 8 A series of tasks that are completed in order to accomplish a goal for a business is known as a ______. Question 9 What are the primary business benefits of an ERP system? Question 10 David Andersen created an abstract art painting that he considers his best work. He then sells the painting to Melissa Warren. Melissa decides to make copies of the work and then resell it. What below is true about this?…

What are the usual steps in Benefit – Cost Analysis? a) Try to figure out what result or conclusion you want, and then set the assumptions to make sure the analysis produces that result. b) Identify the potential benefits and figure out a way to valuate them. c) Identify the potential costs and valuate them. d) Dismiss those benefits and costs to which you cannot assign a numerical value e) Estimate the probability of each of the benefits and costs actually materializing or occurring. f) Mulltiply the value of costs and benefits by their respective probabilities to arrive at the "mathematical expectation" or "mathematically expected" value. g) For costs and benefits expected in the future, especially distant future, discount their value to the present time, using a "reasonable" discounting rate.

Toyota has started a major expansion of a Texas factory. It has already spent $11 million and has finished one building. It can finish the interior for an additional $6 million. The highest price it can get for the current unfinished building is $7 million. If Toyota’s estimated benefits of the building with the finished interior are $15 million, what should it do? . a Complete the interior. The benefits of the finished building are greater than the $6 million costs of the building. b Complete the interior. The benefits of the finished building are greater than the $7 million costs of the building. c Complete the interior. The benefits of the finished building are greater than the $13 million costs of the building. d Sell the building. The benefits of the finished building are less than the $17 million costs of the building. e Sell the building. The benefits of the finished building are less than the $24 million costs of the building.

Economics should be the preserve of only finance students. For me as a management student, it is much ado about nothing. Why should I be concerned with economics? These are the words of a first year HND Sec and Management. student contemplating on the relevance of economics. As a seasoned scholar how would you address the concerns raised? Justify your position

Explain how your charity will make a difference to that counrty. is it a sustainable project? Discuss your views. (100 - 150 words) - plz answer this question it is not an essy, it is a homework given for a group ( its about establishing acharitable organization that help children in India and help to get their full rights. e.g. health and other things)

_____1. It is the wise use of money and time a) Economics c) Goods and services b) Probability d) None of the above _____2. It is the analysis and evaluation of monetary consequences by using the theories and principles of economics to engineering applications, designs and projects. a) Economics c) Goods and services b) Engineering Economy d) None of the above _____3. It is defined as any tangible economic product (soap, car, shirts, tools, machines, etc) that contributes directly or indirectly to the satisfaction of human wants. a) Goods or commodity c) Goods and services b) Engineering Economy d) None of the above _____4. Are those products or services that are directly used by people to satisfy their wants. a) Goods or commodity c) Consumers Goods and services b) Engineering Economy d) None of the above _____5. It also satisfy human wants but indirectly in as much as, they are used to produce the consumer goods and services a) Producer goods and services c) Consumers Goods and…

Pls help with below homework. What is the main difference between the adaptive and the visionary approach ? Pls give atleast two examples.

Opportunity cost is the cost of next best foregone.   Explain true or false.

Timothy quits his job, which pays $77000 a year, to enroll in a 3-year graduate program. His annual school expenses are $62700 for tuition, $9400 for books, and $1800 for food. What is his opportunity cost of attending the graduate program? What core principles are considered in Timothy's decision making?i) Scarcityii) Cost-Benefit analysisiii)Incentive Principle iv)Diminishing Retuurns

Beverly spends $100 on a teeth whitening kit. After one application, her gums are inflamed and it feels like her mouth is on fire. Beverly is trying to decide whether to apply the treatment again, or throw the kit away. The opportunity cost of a second application is:   Question 47 options: a $100.00 b the pain and suffering involved with the second application. c $100 + the pain and suffering involved with the second application. d $100 + the pain and suffering involved with the first and second application.

1. What is the importance of Economics in decision making to those in business sector? Thank you for answering:)

Explain COASE theorem and its working with the help of real-life example

1. In your decision to pursue an MBA degree, which of the following can be considered opportunity cost(s)?   a.     The cost of books. b.     The tuition fees. c.     Time that became unavailable for other activities. d.     All of the above.

Q.4. Subject  :- Economic

Engineering 15Economics Please provide a step by step solution for this problem

Timothy quits his job, which pays $60 000 a year, to enrol in a 2-year graduate program. His annual school expenses are $60 000 for tuition, $8000 for books, and $1400 for food. a) What is his opportunity cost of attending the graduate program? b) What core principles are considered in timothy's decision making? scarcity,choice and opportunity cost , cost-benefit analysis, incentive principle or diminishing returns

Software Economicsplease answer quickly   5. The effort is measured by a. Man-time b. All of the answers c. Man-money d. money-time   4. It is not important to figure out how much the software will cost, before development a. TRUE b. FALSE

please solve question   2. Top managers demonstrate commitment to ethical business practices with A) the adoption of written codes of ethics   B) employee empowerment   C) decentralized decision making practices D) collusion with other companies   .1   2   3. Ethics refers to   A)the practice of obeying applicable business laws and regulations B) the ability to recognize a morally problematic situation C) the ability to know right from wrong and to know when you're practicing one instead of   .3   the other D)a series of situations in which an individual must choose between personal interest and the interest of others.

"There is no such things as free lunch" means that a) Money costs are always present when one acquires or does somethin. b) You always have to pay the tab c) You have no choices d) Choices are present and a real cost incurred when a choice is made e) non of the above is true.

MULTIPLE CHOICE. Choose the letter of the best answer. Write the chosen letter on the space provided for 1. The letter M in MOOC stands for? a. Media c. Market b. Massive d. None of the Above 2. A technology that helps instructors evaluate their students' learning. a. Analytics c. Online exams b. Learning trackers d. All of the above 3. This refers to a society's characterized by the shift from letters to e-mails, newspapers to news web pages, books to e-books, and so on. a. Electronic Society c. Paperless Society b. Internet Society d. Digital Society 4. Which of the following is not an example of modern wearable technology? a. Smart Watches c. Smartphones b. Fitness Trackers d. Headsets 5. Refers to a type of learning that happens anytime, anywhere, and with anyone. a. Ubiquitous Learning c. Wide Learning b. Global Leaming d. None of the Above IDENTIFICATION: Identify the term/s being referred to below. Write your answers to the space provided before the number. 1. The…

Intermediate MicroeconomicsProblem Set 10.Submission options:• in person during lectures or TA sessions;• in Xiaoye Liao’s mail box at 19 West 4th, 6th Floor;• (less recommended) e-mail Xiaoye Liao atxl775@nyu.edu– in that case, be sure to use the subject line: “Submission Problem Set 10”.Exercise 1Consider a game of rock-scissor-paper. There are two players, player 1 and player 2,and the winner receives $1 from the loser (if they draw, nothing happens). They playthis game simultaneously.1. What kind of game is this? Express this game in normal form.2. What are the set of possible actions and strategies?3. Find all Nash equilibria of this game.Exercise 2Consider a game represented by the following payoff matrix. Find all pure strategyNash equilibria. UMD LCR?10, 0 ?10, ?1 ?10, ?1?8, ?8 0, ?102, ?14, 57, ?101, 1 Exercise 3Consider a game represented by the following…