Spring 2024 Principles of Macroeconomics (OP)

Operations Strategy Question: Which of the following is not a component of the production process? a) Inputs b) Outputs c) Operations strategy d) Transformation process

Subject: economic

Specific Subject: Microeconomics - Cost Functions Complete the following attached table, assuming that P = 100

Subject: business (economics)

3b worksheet economics for the virtual enterprise answer key

COVID-19 and the Economy The rapid spread of the coronavirus across the world has rendered a large proportion of the workforce unable to commute to work, to reduce the spread of the virus. This has resulted in both employers and employees seeking alternative work arrangements. Many companies have shifted to remote work, with video calls and instant messaging replacing meetings. In other words, most if not all workers have experienced work from home. Hence, working remotely has become a priority for most governments and companies in the time the pandemic. In a well-organized four-paragraph effect essay, discuss two effects COVID-19 has had employees, employers, or the economy as a result of working from home.Choose ONLY ONE prompt and develop it into an essay with an Introduction, TWO Body Paragraphs, and a Conelusion. Pls i need help

8:49 il LTE https://undergrad.unilus.app/pluginfile... O ... Combination 2 Combination 3 Country B Efficient Attainable Unattainable Inefficient Combination 1 K M N Combination 2 R Combination 3 T U (22 Marks) b) Which country has an absolute advantage in production of wine? Justify your answer with empirical evidence. (2 Marks) c) Which country has an absolute advantage in the production of clothes? Justify your answer with empirical evidence. (2 Marks) d) Which country has a comparative advantage in the production of wine? Justify your answer with empirical evidence. (4 Marks) e) Which country has a comparative advantage in the production of clothes? Justify your answer with empirical evidence. (4 Marks) f) If both countries specialize in the production of the item they are good at, draw the PPF for the condition where trade can take place. (6 Marks) (TOTAL: 40 MARKS)

Specific subject: Microeconomics - Production and Costs Function  Comment on the following statements, whether they are true, false or uncertain: (a) "The fact that the marginal product of the variable factor of production is increasing is ultimately irrelevant to the firm's cost structure, since its marginal cost curve will be increasing anyway." b) Variable Cost (VC) is ALWAYS greater than Fixed Cost (FC). c) If the Average Cost (AC) is decreasing, then the Marginal Cost (MC) is less than the Average Cost (AC).

Question 7 (Breakeven Analysis)  You decided to sell Only coffee using Nespresso machine during Ramadan The Nespresso Machine Cost is 3,000 SAR Every cup of coffee required one brown sugar that cost 0.5 SAR, one disposable cup costs 1.5 SAR, and one coffee capsule costs 3 SAR If you sell one coffee for 10 SAR   Option 1 Option 2   No Employee Sales quantity = 1500 per month Selling Price 10 SAR per coffee One more Employee and his salary is 4000 Expected sales quantity = 2500 per month Selling Price 10 SAR per coffee What is the breakeven quantity?     What is the breakeven quantity?   What is the profit?      What is the profit?    Which option is better?

Microeconomic Question (c) Use well labelled diagrams to show how production isoquant can be used to explain:  i) Increasing returns to scale. ii) Constant returns to scale, and   iii) Decreasing returns to scale

B: Theory: Cost Minimisation (isocost-lines and production) Note: In the class, I will put capital on the 'Y' axis and labour on the 'X' axis. Obviously, the choice doesn't matter mathematically, but if you want your graph to look like mine, do the same! 3. The wage rate is £10 and the capital rate is £20. If a firm was spending £c, show what combinations of labour and capital are possible in an equation. Represent the combinations possible if the firm spent £200, £400, or £600 in a suitably labelled graph. 4. A firm has technology such that it can produce... q=L+K a. What name do we give to this production function? b. Assume output q = 30. Draw the isoquant in a suitably labelled graph. 5. Assuming the same wages and technology as before - how much does it cost the firm to produce q = 30? How much labour does it employ? How much capital?

SUBJECT: MANAGERIAL ECONOMICS COURSE CODE : BEC 101 Discuss briefly the implication or significance of this EQUILIBRIUM POSITION or CONDITION? What does this mean in the real world of business where producers and buyers interact in the MARKET?

ework (Ch 09) 4.00 3.50 Monopoly Outcome 3.00 ATC 2.50 Profit 2.00 1.50 Loss MC 1.00 K 0.50 D 2.0 QUANTITY OF OUTPUT (Thousands of cans of beer) 0.5 1.0 1.5 2.5 3.0 35 4.0 Suppose that BYOB charges $2.75 per can. Your friend Musashi says that since BYOB is a monopoly with market power, it should charge a higher p of $3.00 per can because this will increase BYOB's profit. Complete the following table to determine whether Musashi is correct. If BYOB is suffering a loss, enter a negative value for profit. Price (Dollarc nor can) Quantity Demanded Total Revenue Total Cost Profit nollare) nallare) IDallare-1 17 + ho. 144 DII DDI & * 5. 6. 7. 8. ba R PRICE AND COST PER UNIT (Dollars per can)

Economics This question related with Linear Programming Course 2-A firm produces two different products; Alpha and Beta, and each product is produced after a three stage manufacturing process; assembly, paint and packaging. The time available for these manufacturing stages is limited and the firm has 1,000 minutes of assembly time, 500 minutes of paint and 1,200 minutes of packaging time available each week. Manufacturing times required for the products are given in the table below.   Alpha (mins) Beta(mins) Assembly 2 1 Paint 1 1 Packaging 4 1 It is also known that market conditions will limit the sale of Alpha product to 300 or less each week. Total cost of producing Alpha is 12TL each and for Beta 13TL each. Selling price of Alpha is 18TL each and for Beta 17TL each. a) As the manager of this firm, formulate a linear programming model to maximize weekly profit. b) Solve the linear programming model graphically.

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…

Direction: Explain the PEST ANALYSISPolitical:Economic:Social:Technological:(please do not copy answers on the internet, thank you)

BY ORDER OF 3D OF EDUCATION OHIO VALLEY BA ESTABLISHED 1872 GALLIPOLIS, OH 45631 Chapter 13 Homework Mind Tap - Cengage Learn X Login PE https://ng.cengage.com/static/nb/ui/evo/index.html?deploymentId=5673662497656845426545868453&elSBN 9781337096577&id=2159754147&sn... « CENGAGE MINDTAP Chapter 13 Homework New tab rudis omni impact knee p X You Left Item(s) in Cart. x + Σ= Q Search this course i X In the following table, complete the marginal cost, average variable cost, and average total cost columns. Quantity (Vats of juice) 0 (Dollars) Variable Cost Total Cost Marginal Cost (Dollars) (Dollars) Average Variable Cost (Dollars) Average Total Cost (Dollars) 0 30 8 38 2 18 48 3456 30 60 50 80 80 110 AAAAAA 120 150 A-Z S ccess ccess On the following graph, use the orange points (square symbol) to plot the marginal-cost curve for Eric's Juice Bar. (Note: Be sure to plot from left to right and to plot between integers. For example, if the marginal cost of increasing production from 1 vat of…

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"Toyota motor corporation with labor incentive manufacturing processes are most likely to benefit from sending manufacturing operations overseas because the bulk of potential cost savings relate to labor costs”. Question: Toyota Motor Corporation identifies relevant and irrelevant costs and benefits in a decision.

economics   Assigned company Name: BAXTER INTERNATIONAL   analyze strategy threats using Michael Porter’s Five Forces analysis. Provide a brief introduction to your assigned company (e.g. what is its business, in what market is it, how long has it been in business, etc.) Apply each of Porter’s five forces to your assigned company, indicating the threat level (e.g., high, moderate or low), why you have made this assessment. Do NOT make recommendations for addressing these threats; only provide your assessment of the threats. Include a graphic of the Five Forces model that provides a bulleted synopsis of your assessment for each of the five forces. PLEASE HELP WITH ALL THE BULLET POINTS PLEASE

(d) Evaluate the following statement. "I used my own money, my own land and my own equipment to start my business. Therefore I don't have any costs associated with running my business".

Please answer the question at the bottom about the four hours of study time.

Microeconomic Question (b) The total cost of producing Q units of a given product is given by TC = 500+ 4Q2-12Q. Compute Marginal cost and average cost.

Directions: Determine the quantitative research design appropriate for the sample research titles. Make sure to explain your choice into two to three sentences. Choices: Ex post facto Research Descriptive Research Quasi-experimental Research Experimental Research Research Title Quantitative Research Design Explanation 1. Reading Electronic Learning Materials as a Support for Vocabulary of Grade 1 Pupils 2. Impact of the Implementation of COVID – 19 Health Protocols in Supermarkets on Consumer Behaviors 3. Effects of Morning Exercise on the Health Anxiety Level of Senior Citizens 4. Measuring the Gadgets Usage of Children at Home during COVID-19 Community Quarantine

Question 9 Which of the following relationship is correct? When marginal cost (MC) starts to increase; average variable cost (AVC) starts to decrease When marginal product (MP)starts to decrease, marginal cost (MC) starts to increase When marginal product (MP) starts to decrease, marginal cost (MC) starts to decrease O When marginal product (MP) starts to increase; marginal cost (MC) starts to increase

Question : If The new Vice Chancellor has asked you for advice on whether she should consolidate or expand the programs.What would be your response? Prove your answer using the information in the table?

Question-1 (Profit maximization) A firm has two variable factors and a production function f(x1,2) = 6x1223. The price of its output is 3, the price of factor 1 is 3, and the price of factor 2 is 2. What is the optimal production output level? - What is the maximum profit-level?