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Hours Playing Video Games Total Benefit Marginal Benefit Total Cost Marginal Cost 1 $20 MB1 $7 MC1 $35 MB2 $15 MC2 $45 MB3 $25 MC3 4 $50 MB4 $40 MC4 $53 MB5 $60 MC5 The above table is the same table from question 1. Enter your answer as a whole number and do not write out the number as a word (ie. 6 not "Six") How many hours should this individual spend playing video games? [Hours] 2.

2:16 A [Template] ACTI.. o College of the Immacutate Concoption Cabanatuan City INSTITUTE OF HIGHER STUDIES PURPOSIVE COMMUNICATION ACTIVITY 5 Name: Score: Section: Date: Topic: Multi- Cultural Setting Directions: In a sentenc inevitable in the following: or two, explain why communicating in a multi-cultural 1. Globalization 2. Business opportunities 3. Job opportunities 4. Sharing of views and ideas 5. Talent improvisation 6. Understanding diverse market

4. A decision at the margin Larry is a hard-working college senior. One Tuesday, he decides to work nonstop until he has answered 100 practice problems for his economics course, He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem. Time Total Problems Answered 8:00 AM 9:00 AM 40 10:00 AM 70 11:00 AM 90 Noon 100 Lise the table to answer the following questions. The marginal, or additional, gain from Larry's second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Larry's fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant in Larry's economics course gives him some advice. "Based on past expenience," the teaching assistant says, "working on 15 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages…

THIS IS MULTIPLE CHOICE (may you please select the correct letter) Question 6 Explain how the following situations would affect a nation’s production possibilities curve. An earthquake results in the death of over 4,000 individuals. What happens to PPF a. Increased production given resource b. unused resources c. PPF shifts outwards d. Produce outside of PPF e. Produce inside PPF f. Increases in resources g. PPF shifts inwards h. Reduction in resources Explanation a. Increased production given resource b. unused resources c. PPF shifts outwards d. Produce outside of PPF e. Produce inside PPF f. Increases in resources g. PPF shifts inwards h. Reduction in resources     Question 7 Explain how the following situation would affect a nation’s production possibilities curve What happens to PPF a. Increased production given resource b. unused resources c. PPF shifts outwards d. Produce outside of PPF e. Produce inside PPF f. Increases in resources g. PPF shifts inwards h. Reduction in…

Part5 Explain how each of the following situations would affect a nation’s production possibilities curve. (v) The nation passes a law requiring all employers to give their employees 16 weeks of paid vacation each year. Prior to this law employers were not legally required to give employees any paid vacation time. What happen to PPF and why?

1. Explain the difference between micro economics and macroeconomics. 2. Demonstrate an understanding of the coordinate system by using it to outline the relationship between economic variables.

Tony and Patty produce skis and snowboards. The tables show their production possibilities. Each week, Tony produces 5 snowboards and 40 skis and Patty produces 10 snowboards and 5 skis. Tony's opportunity cost of producing a snowboard is skis. Patty's opportunity cost of producing a snowboard is skis, t More Heln

Please give detailed instructions on how to graph electronically using MS ppt, excel, google slides, google sheets. You may choose one from the softwares. There are six (6) graphs that you will teach me how to graph electronically  1. How to plot Production Possibilities Curve with feasible set in MICROSOFT Powerpoint ot Excel? Alternative Food Clothing (x) (y) A 0 15 B 1 14 C 2 12 D 3 9 E 4 5 F 5 0 Instructions for tutor: please share a google sheets or slides link here so i can view the graph; don't just share picture in jpg format because I dont need it. We have a reference book and I can see the jpg picture of the graph there. i know how to plot manually using graphing paper, i want to learn how to plot electronically.   Please see attached photo for the feasible set. Please include it in the graph. Search on Google on how to do feasible set electronically

6. Shifts in production possibilities Suppose Argentina produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities curve (PPC) for barley, an agricultural good, and airplanes, a capital good. Drag the production possibilities curve (PPC) on the graph to show the effects of a time-saving innovation in the manufacturing of airplanes. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. AIRPLANES (Thousands) 180 150 120 8 O 60 30 0 0 70 PPC 140 210 280 BARLEY (Millions of bushels) 350 420 PPC

8. Economic growth The following graph shows the production possibilities curve (also known as the production possibilities frontier) of an economy that produces cars and computers. Suppose that a rise in this economy's saving rate allows for investment in modern, efficient manufacturing plants. Adjust the production possibilities curve (PPC) to show the economy's new production possibilities after the rise in the saving rate. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. QUANTITY OF CARS (Mor) 24 PPC 5 10 QUANTITY OF COMPUTERS (Mor) 15 Suppose society faces a broad tradeoff between allocating resources to the production of investment goods (computers) and consumption goods (cars) before the rise in the saving rate described above. Which of the following events…

2. Your aunt is thinking about opening a hardware store. She estimates that it would cost $500,000 per year to rent the location and buy the stock. In addition, she would have to quit her $50,000 per year job as an accountant. [5] a. Define opportunity cost. b. What is your aunt's opportunity cost of running the hardware store for a year? If your aunt thinks she can sell $510,000 worth of merchandise in a year, should she open the store? Explain

4. Shifts in production possibilities Suppose the United States produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for wheat, an agricultural good, and cars, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a time-saving innovation in the manufacturing of cars. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. 480 PPF 400 320 240 160 80 PPF 0. 90 180 270 360 450 540 WHEAT (Millions of bushels) CARS (Thousands)

4. Shifts in production possibilities Suppose the United Kingdom produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for barley, an agricultural good, and cars, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of an immigration law that results in fewer workers entering the country. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. ? CARS (Thousands) 300 250 200 150 100 50 0 0 80 PPF 160 240 320 BARLEY (Millions of bushels) 400 480 6 PPF

babb (2) (3) (1) Figure 2-6 ХО (4) Refer to Figure 2-6. Which graph depicts the result of a technological improvement in the production of both goods X and Y? a. (3) b. (1) 0 c (4) O d. (2)

Alexandra's Production Possibilities Natalia's Production Possibilities Schedule Schedule Number of Scarves Number of Sweaters Number of Scarves Number of Sweaters Knitted per Day Knitted per Day Knitted per Hour Knitted per Hour 4 3. 2 6. 2 4 2 9. 1 6. 12 8. Which of the following is an acceptable term of trade? Multiple Choice 6 sweaters for 10 scarves 4 sweaters for 10 scarves 2 sweaters for 7 scarves 8 sweaters for 15 scarves

3. A decision at the margini Manuel is a hard-working college senior. One Tuesday, he decides to work nonstop until he has answered 154 practice problems for his economics course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem. Time 8:00 AM 9:00 AM 10:00 AM 11:00 AM Noon Total Problems Answered 0 70 112 140 154 Use the table to answer the following questions. The marginal, or additional, gain from Manuel's second hour of work, from 9:00 AM to 10:00 AM, is problems

The following question that I posted is considered as a one question. Problem is that its long and that's why I split it into two different ScreenShots so you can see the graphs easily.

Question 2 (2mark)_ explains why a production possibilities curve is often represented as concave (bowed out) from the origin?

4. Shifts in production possibilities Suppose Spain produces two types of goods: agricultural and capital. The following diagram shows its current production possibilities frontier for alfalfa, an agricultural good, and locomotives, a capital good. Drag the production possibilities frontier (PPF) on the graph to show the effects of a breakout of avian flu that sickens millions of workers. Note: Select either end of the curve on the graph to make the endpoints appear. Then drag one or both endpoints to the desired position. Points will snap into position, so if you try to move a point and it snaps back to its original position, just drag it a little farther. (? 420 PPF 350 280 210 140 70 PPF 40 80 120 160 200 240 ALFALFA (Millions of bushels) LOCOMOTIVES (Thousands)

6. Scarcity, opportunity cost, and marginal analysis Tim is training for a triathlon, a timed race that combines swimming, biking, and running. Consider the following sentence: Because his pool sessions are helping him swim more quickly, Tim plans to reduce by 1 hour per week the time he spends training on the bike and increase by 1 hour the time he spends in the swimming pool; however, his wife says that he should stop doing any biking and running and spend all 20 hours per week in the pool. Which basic principle of individual choice does Tim's plan illustrate that his wife's advice does not? Many decisions are made on the margin. O Resources are scarce. People usually exploit opportunities to make themselves better off. O All costs are opportunity costs.

3. Economic growth The following graph shows the production possibilities curve (PPC) of an economy that produces food and computers. Suppose that a series of natural calamities and climate changes significantly reduce the economy's endowment of natural resources and damages its productivity capacity. Adjust the PPC to show the economy's new production possibilities after the decrease in natural endowment. QUANTITY OF FOOD (Millions of pounds) 32 24 16 0 0 5 PPC 10 15 QUANTITY OF COMPUTERS (Millions of computers) 20 PPC Consider the direction in which you shifted the PPC on the graph. This type of shift of the PPC generally means that GDP that the population in this economy does not change. In such a case, GDP per capita of this economy experiences economic growth. Assume . This means the economy

-50 Eleanor and her little brother Josh are responsible for two chores on their family's farm, gathering eggs and collecting milk. Eleanor can gather 10 dozen eggs or collect 5 gallons of milk per week. Josh can gather 2 dozen eggs or collect 2 gallons of milk per week. a. The family wants 2 gallons of milk per week and as many eggs as the siblings can gather. Currently, they collect one gallon of milk each and as many eggs as they can. How many dozens of eggs does the family have per week? ‒‒‒‒ (Click to select) Edozen eggs. b. If the siblings were to specialized, which should collect the milk? (Click to select) c. If the siblings were to specialize, how many dozens of eggs would the family have per week? (Click to select) dozen eggs.

could someone draw a graph on paper please?  a.  Using one of the graphing tools described in the directions, plot the Production Possibilities Curve for Teavana. b.  Find the combination of Jade Citrus Mint Tea and Spiced Apple Cider of 47 Jade Citrus Mint Tea and 35 Spiced Apple Cider. Label this point F. What term best describes this point?  c.   Find the combination of Jade Citrus Mint Tea and Spiced Apple Cider of 16 Jade Citrus Mint Tea and 20 Spiced Apple Cider. Label this point G. What term best describes this point?

MICROECONOMICS ОсТ. 12, 2021 SUMMATIVE ASSESSMENT 1. Janica and Jency live in the beach town of Santa Monica. They own a small business in which they make wristbands and pot holders and sell them to people on the beach. As shown in the table on the following page, Janica can make 15 wristbands per hour but only 3 pot holders. Jency is a bit slower and can make only 12 wristbands or 2 pot holders in an hour Wristband (output per hr) Pot Holders (output per hr) Janica 15 Jency 12 a. For Janica and for Jency, what is the opportunity cost of pot holder? Who has a comparative advantage in the production of pot holders? Explain your answer. b. Who has a comparative advantage in the production of wristbands? Explain your answer. c. If Janica devoted half of her time (10 out of 20 hours) to wristbands and half of her time to pot holders, how many of each would she produce in a week? If Jency did the same, how many of each would she produce? How many wristbands and pot holders would be produced…

2. (Lehr #5.3) Doing it Once: Group Think. It is Wednesday afternoon and a group of students are discussing when to meet to work on a group project that is due on the following Monday. It will only take one meeting to complete the project. The only days that everyone is available to work are Thursday, Friday, and Saturday. The costs are increasing every day since it is worse to give up weekend time than weekday time for a project. In addition, the project will be of lower quality if it is done on Friday, when everyone is exhausted and distracted. We can model this situation as a case of immediate costs in the Doing it Once model with T = 3 and the following reward and cost schedules: v = (16, 14, 16) C= (6,8, c) where 10 < c < 18 a. What is the strategy if the students are time-consistent (ß = 1)? When does the group meet? b. What is the strategy if the students are naifs (with ß = 1/2)? When does the group meet? c. The strategy for the case in which the students are sophisticates…

Table: Bongos and Frisbees Mkkey Frisbees Bll Bongos Frisbees Bongos 1 10 4 14 6. 12 3. 10 Reference: Ref 2-21 Table: Bongos and Frisbees (Table: Bongos and Frisbees) Use Table: Bongos and Frisbees. Bill and Mickey make bongos and Frisbees. Who should specialize in the production of bongos?