MAT 240 Module Two Assignment Template (2)

Question: Base on your graph, what do you think are the factors that may affect the demand of the existing products?

The table below is extracted from Goodland Republic Bureau of Statistics records for 2016 -2017. Use the information to answer the questions that follow.  Goodland Economy 2017 and 2018 Item Price 2017 Price 2018     Production Price per unit Production Price per unit Rice (000tons) 50000 1.5 55000 2 Wheat (000 tons) 100000 2 98000 2.5 Tractor mid size( units ) 50000 23000 45000 24500 Cotton (000 tons) 120000 100 110000 120 Used Cars (00) 5000 5000 6000 7000 Manufacture Garments (000 tons) 150000 50 145000 70 Eggs (000 trays) 2000 2.5 2300 3.5 Coca cola (000litres) 6000 0.8 6500 1.2 Pepsi cola (000 litres) 700 1.1 850 1.5 Beef (000 tons) 5000 6.5 4800 8.5 Second hand clothes (000 tons) 500 15 450 25 Alcoholic Beverages (000 litres) 500 3.25 600 3.75 Milk (000) 7000 2.3 7500 2.5  Examine the status of the economic welfare in Goodland Republic in 2018 based on your GDP deflator, nominal GDP and Real GDP. Also, explain the reasons why it is necessary to…

9 QUESTION 10 PRODUCT Product X Product Y Product Z YEAR 2000 2001 2002 2003 2004 price: $2.00 $3.00 $4.00 $5.00 $6.00 quantity: 1,000 1,000 1,000 1,000 1,000 price: $1.00 $1.00 $1.00 $1.00 $1.00 quantity: 1,000 1,250 1,500 1,750 2,000 price: $4.50 $4.75 $5.00 $5.50 $6.00 quantity: 1,000 1,000 1,000 1,000 1,000 10. The 2000 market basked would cost $ in 2003?

Macmillan Learning Consider the CEO of a company that sells coffee at small free standing shops around the country. The Board of Directors is considering increasing the number of locations in an effort to increase total revenue, ceteris paribus. Use the data to determine if revenue is responsive to the number of locations. Use the midpoint method to calculate percentages. Number of locations Total revenue Calculate the percentage change in locations. 2012 3000 $60 million Calculate the percentage change in total revenue. Based on the CEO's analysis, he reports to the Board that total revenue is inelastic with respect to the number of locations. total revenue is unit elastic with respect to the number of locations. total revenue is elastic with respect to the number of locations. 2013 3750 $75 million percentage change in total revenue: percentage change in locations: % %

QUESTION 20 YEAR PRODUCT 1988 1989 1990 1991 product price: $2.00 $4.00 $6.00 $8.00 2,000 2,000 1,500 quantity: price: $1.00 2,500 product $1.00 $1.00 $1.00 Y. quantity: 1,000 1,500 2,500 3,000 $5.00 $4.00 $2.00 $3.00 price: quantity: product 1,000 1,000 1,000 1,000 20. If the Consumer Price Index for 1990 was 200 and for 1991 it was 220, what was the annual rate of inflation between the two years? 20% 22% 10% 5% O100% QUESTION 21

Task II: A. Describe how a set of data can be represented in graphical form as frequency polygon. B. Table 3 below shows a data set comprising the total revenue generated by a different department in an organization over one year. Table 3 Department Particle board Plywood Furnishing Paints Revenue 1000 1500 2000 5500 C. Using Excel, create a pie chart that represent the total revenue generated by the different departments. D. Using Excel, represent the data in bar graph.

Question 2 Covid-19 pandemic has affected various economic sectors around the world. Choose one example of consumer goods and services in the output market (from Firm's perspective) that has a clear impact due to the pandemic. Illustrate and explain your answers with the help of diagrams/graphs (pre-pandemic and during pandemic).

Topic: “What are some causes of rising food prices and the challenges faced by rural farmers in Mt. Royal, Carriacou.” A. Conduct an internet search and find three articles related to the topic above and provide the citation for those three articles.

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Store Name: Amount of the Brand and product name Serving Size nutrient per serving 1. A product with >3g fiber per serving Fiber 2. A product uses stevia as the sweetener. Sugar 3. A product fortified with DHA or ARA fatty acids. (Excluding supplements) 4. A cookie/cracker made without hydrogenated fat. 5. A personal frozen dinner with 500 kcal or and < 500mg sodium. 6. A whole-grain cereal with < 10g sugar per serving. 7. A product that provides a minimum of 20% DRI of Calcium per serving. 8. A beverage with no artificial sweetener and <25g sugar per serving. 9. A product that provides a minimum of 10% DRI of iron per serving. 10. An interesting food label that you did not expect DHA/ARA Trans Fat Sodium Sugar Calcium Sugar Iron Explain why Discuss what you learned from the trip and how this experience impacts you. (100-150 words).

Definitions: "Cost" is the actual expense of nurse wages, IV bags, meals, medications, lab tests and payment for the room and bed. "Charges" is the amount the hospital puts on its bill.  Almost no one pays that. "Revenue" is the actual cash collected for the service.  It is generally comprised of insurance payments and patient copayments.   Part 1: Hospital Case Study: The number of patients at Harbordale Hospital increased from 120 to 144 from Monday to Tuesday. The hospital’s costs increased $720,000 to $722,000 as temporary nurses were called in to deal with the heavy patient load. Question: Explain in detail the changes Harbordale Hospital is experiencing.

Sonia is planning to start a new designer cloth shop. Her problem is to decide how large her shop should be. The annual returns will depend on both the size of her shop and a number of marketing factors related to the current market conditions and demand for designer wear. After a careful analysis, Sonia came up with the following table: Size of shop good market (R.O) fair market (R.O) poor market (R.O) Samll scale 1024 9765 -500 Medium scale  1500 3000 -2000 Large scale  2000 3000 -4000 Very large scale  3000 5000 -7000 a)what will be her decision based on Pessimist criteria? b) what will be her decision based on Optimistic criteria? c) what will be her decision based on Laplace criteria?

question part c should contain a graph

Question 1 Table 1: Consumption of Bread and Flour Consumer Consumption Consumption 1 2 3 4 5 of Bread of Flour 10 90 026205 6 15 10 120 50 75 A supermarket has employed you to do some analysis of their customers' shopping. They have provided you with the data in Table 1. Based on the data in Table 1, explain what preference type you would use in your analysis. (10 marks)

CASE STUDY Jeff Spud from ‘Spud’s Farm’ is your client and is a medium sized potato farmer on the north-west coast of Tasmania. You are asked to give him financial and business advice on how his business can survive the problems he is facing from powerful buyers of his produce and with competition from other local, interstate and overseas producers. His previous contracts for his potato crop have been from McCain, a global company. Previously he was able to form a collective with other farmers in the region to negotiate the price to be paid by McCain per tonne. He understands there is some legal issue on negotiating price as a collective and requests advice on this. Jeff has explained that he can produce 50 tonnes of potatoes per hectare and the contract price per tonne he has been given is $248. He has potentially 45 hectares of farm he can use for potatoes. He has provided you with the estimated fixed and variable costs for each farmed hectare. Below are some snippets from recent…

QUESTION 29 PRODUCT product X product Y product Z 1988 price: $2.00 2,000 price: $1.00 1,000 quantity: quantity: price: quantity: $5.00 1,000 1989 $4.00 2,500 $1.00 1,500 $4.00 1,000 YEAR 1990 $6.00 2,000 $1.00 2,500 $2.00 1,000 1991 $8.00 1,500 $1.00 3,000 $3.00 1,000 29. Given the data in the above table, what is the price index for 1991, using 1988 as the base year and using the 1988 consumption pattern (market basket)? a) 100 O b) 153 c) 1.2 O d) 150 e) 200

Task: Attempt ALL questions (Show all calculations / working formula) Question 1. You are asked to advice on the relationship between two products. The only information you know is that if you increase the price of your product from OMR 1.600 to OMR 2.000, the demand for your competitors' product increases from 1,000 units to 1,400. (a) Name the economic tool you will use to help your advice? (02 marks) (b) What is the relationship between yours and your competitor's product? Show all working. marks) (02 Question 2: Calculate the missing values in the following table. Show all formula and calculations in detail. (Answers not showing the details of calculations & formula will be awarded only fifty percent marks for this question.) (10 marks) Output (Units) TC (OMR)AC (OMR) MC (OMR) 55 1 85 2 110 3 130 14 40 42 16 280 17 90 8 110 19 610 10 150

As part of its bankruptcy restructuring, General Motors (GM) launched an ad campaign that revealed glimmers of a streamlined GM: fewer brands (Cadillac, Buick, Chevrolet, GMC) and fewer models within each brand A. What research would you have done to determine which vehicle models GM should retain and which it should drop? B. What would you have measured and with what type of measurement scale?

Research Report Topic: Effect of food prices increase on the lower class in a town Based on the topic, make up a Discussion for the report.

Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Task II:Your manager asked you to answer the following:A) Define quantitative and qualitative data.B) Mention the differences between quantitative and qualitative data.C) Provide Real-World one example with Quantitative Data that could be presentedas a histogram (The example should contain the data collected + draw the frequency table for bothexamples).D) Provide Real-World one example with Qualitative Data that could be presented as a bar graph.(The example should contain the data collected + draw the frequency table for bothexamples). E) Use Excel software to represent the data in parts C and D.

8 Write an anecdote (150-190 words) about a situation when you had to complain. Use one of these ideas or an idea of your own. A product a laptop that arrived damaged a pair of trainers that fell apart A service an awful meal a special treat that went wrong

The monthly demand of a company is showed below, please use the static method to forecast the demand for Year 6. Sales Year 1 Year 2 Year 3 Year 4 Year 5 JAN 2,000 3,000 2,000 5,000 5,000 FEB 3,000 4,000 5,000 4,000 2,000 MAR 3,000 3,000 5,000 4,000 3,000 APR 3,000 5,000 3,000 2,000 2,000 MAY 4,000 5,000 4,000 5,000 7,000 JUN 6,000 8,000 6,000 7,000 6,000 JUL 7,000 3,000 7,000 10,000 8,000 AUG 6,000 8,000 10,000 14,000 10,000 SEP 10,000 12,000 15,000 16,000 20,000 OCT 12,000 12,000 15,000 16,000 20,000 NOV 14,000 16,000 18,000 20,000 22,000 DEC 8,000 10,000 8,000 12,000 8,000 Total 78,000 89,000 98,000 115,000 113,000

Please help solve fill in the blanks of the graph

Macroeconomics assignments

interpret the data in the graph

Supply Price of Computers ($) Sdomestic Demand Tariff Amount 1,000 New Domestic Equilibrium CALCULATIONS 800 World Price Domestic Quantity Supplied 110 Imports Domestic Quantity Demanded 190 domestic Level of Imports 80 190 110 Tariff Amount $0

I asked this question twice and it got rejected. This is for homework and I need help. I respect the honor code, but this is a HOMEWORK question.    Thank you!

Price Quantity (Dollars per shirt) (Shirts) Produce or Shut Down? Profit or Loss? 10 Shut down Loss 20 10,000 Produce Profit 32 35,000 Produce Profit 40 37,500 Produce Profit 50 40,000 Either shut down or produce Break even 60 42,500 Produce Profit