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- how to construct: can you explain all parts max┬(v^'∈[0,1]) Pr(b_2<b(v^' ))(v_1-1/2 (b(v^' )+E[b(v_2 )∣v_2<v^' ]))". "A4 can you tell me the conclusion- trends(the pros and cons, the changes throughtout the years increasing and decreasing) in the production of sunflower/sunflower oil, rubber, coffee, sugar cane, potatoes, and grape/vineyards1.Which characteristics a person making handicrafts should acquire to develop marketable products? 2.Why should you apply finishing materals on products? 3.What should you do to achieve a beautiful and attractive product
- 12. A certain production possibilities frontier shows production possibilities for two goods: pants and shirts. Which of the following concepts cannot be illustrated in this model? a. the flow of dollars between (i) sellers of pants and shirts and (ii) buyers of pants and shirts. b. the tradeoff between production of pants and production of shirts. c. the opportunity cost of shirts in terms of pants. d. the effect of economic growth on production possibilities involving pants and shirts.Country JKL has a maximum of 50 labour(hours). The tab shows maximum quantity of wheat and cotton the Country produce with different labour (hours) used. Combination A B C D E F Corn 15 14 12 9 5 0 Wheat 0 2 4 6 8 10 1) Plot the production combinations on a graph paper combinations as A to F. 2) Can Country JKL produce the following A) 4,000 kg of wheat and 9 ,000 kg of cotton B) 14,000 kg of wheat and 6 ,000 kg of cotton 3)Suppose that Country JKL produces 6,000kg of wheat and 100kg of cotton a week.Calculate the opportunity cost it of producing 3,000kg extra cotton a week.Microeconomics - Budget Line (BL) Ethan is a collector of pokemon cards and stickers. He has $56 given by his dad to spend on his collection. The store sells them at $14 per pokemon cards and $7 for the stickers. 1. If Ethan spends all his money on pokemon cards, what is the maximum unit that he can purchase based on the given budget? 2. If Ethan spends all his money on stickers, what is the maximum unit that he can purchase based on the given budget? 3. Show in an illustration where pokemon cards is in the x-axis and y-axis is the sticker.
- Table 3-7Assume that the farmer and the rancher can switch between producing meat and producing potatoes at a constant rate. Labor Hours Needed to Make 1 Pound of Pounds Produced in 24 Hours Meat Potatoes Meat Potatoes Farmer 6 4 4 6 Rancher 3 8 8 3 Refer to Table 3-7. Which of the following combinations of meat and potatoes could the rancher not produce in 24 hours? Group of answer choices 5 pounds of meat and 1 pounds of potatoes. 2 pounds of meat and 2 pounds of potatoes. 1 pounds of meat and 3 pounds of potatoes. 4 pounds of meat and 1 pound of potatoes.PLEASE CHECK THIS HOW TO SOLVE how to construct: can you explain all parts max┬(v^'∈[0,1]) Pr(b_2<b(v^' ))(v_1-1/2 (b(v^' )+E[b(v_2 )∣v_2<v^' ]))". "Need to explain these 3 graphs in own words. ( explain in short )
- Table 13-7The Flying Elvis Copter Rides Quantity TotalCost FixedCost VariableCost MarginalCost AverageFixedCost AverageVariableCost AverageTotalCost 0 $50 $50 $0 -- -- -- -- 1 $150 A B C D E F 2 G H I $120 J K L 3 M N O P Q $120 R Refer to Table 13-7. What is the value of M? a. $50 b. $140 c. $360 d. $4105 2. The following shows different technologies for producing 100 metres of cloth. Technology Number of workers Coal required (tonnes) A 4 2 B 1 6 C 3 7 D 5 5 a) Which technologies would not be chosen by firms? Explain. b) Of the remaining technologies, what determines the technology a firm would choose?4.- What does the economic study consist of?