Classify each of the following cost items as mostly fixed or variable: a. Raw materials d. Administrative salaries g. Direct labor j. Rent b. Depreciation e. Insurance (building & equipment) h. Supplies k. Payroll Taxes c. Clerical salaries f. Property taxes i. Sales commissions l. Interest on borrowed money

Q: hi dear i have some research questions for international business. England Type of economic system…

A: Type of economic system in England The UK economy is both a social market and a market-oriented…

Q: Assume that PY= 10. then Qox = 1400, and PY =5. ten Oox = 1300. Use hese toe proes of goad Y PY) and…

A: When Cross price elasticity of demand is positive then goods are substitute on the other when cross…

Q: 1. Malthus stated that the poor would always remain poor since ________. a. there are not enough…

A: 1)   Note:  We’ll answer the first question since the exact one wasn’t specified. Please submit a…

Q: draw the marginal and average cost curves of companies p and q where Firm p: Cost= 4Q Firm q: Cost =…

A: Answer -    Average Cost = Average cost is cost per unit  Marginal cost = It is the cost a firm…

Q: Label the following statements as true, false or uncertain, and provide explanation for your answer.…

A: Introduction A) Yes it is true because floating exchange rate is very flexible and determined by…

Q: Jumbo Enterprises is the sole producer of jumbo jets in the economy. Demand for jets is given by…

A: Answer - "Thank you for submitting the questions.But, we are authorized to solve only 3 subparts .…

Q: TRUE OR FALSE: 1. Malthusian population trap assumes that fertility increase with per capita income.…

A: Malthusian Population Trap or Malthusian Trap refers that with advanced agricultural techniques food…

Q: the US market of sunflower oil was described by the following domestic supply and demand equations:…

A: US domestic demand for sunflower oil QDUS=8000-4P         .... (1) US domestic supply for sunflower…

Q: 6. Price Ceiling Suppose that, to benefit consumers, the government imposes a price ceiling on milk.…

A: Price ceiling:- A price ceiling can be explained as a pricing limitation, or restriction, placed by…

Q: If the price of product M increases from $80 to  $100, the quantity supplied for product M will…

A: ELASTICITY of supply means percentage change in quantity supplied due to percentage change in price.…

Q: Which of the following describe a common cause of bank panics? Check all that apply.  1. Potential…

A: * ANSWER  :-    (1) From the given information the answer is provided below as follows.

Q: Suppose a proft-maximizing monopolist is producing 900 units of output and is charging a price of…

A: Answer -

Q: 6. Given u = 3x, +x,x, + 2x, s.t. P1X + P2x2 = B Find the amount of the commodities at which utility…

A: Given; Utility function; u=3x1+x1x2+2x2 Budget constraint; p1x1+p2x2=B Utility will be maximized…

Q: The table sets out data for an econo Real interest rate (percent per year) Loanal (billie 4. 6. 8.…

A: In economics, crowding out is a phenomenon that occurs when increased government involvement in a…

Q: Suppose that Maria makes a new cash deposit of $75,000. If the assumptions of the multiplier-deposit…

A: Required reserve ratio is the some  amount of total deposit that a commercial banks have to keep…

Q: Economic development is unsuccessful to stabilize population growth in LDCs because of certain…

A: The increase in the number of human beings On the planet is known as population growth.Our…

Q: A country club usually only allows members to purchase tickets for its celebrity golf tournament,…

A: Market equilibrium refers to the situation at which the demand of a commodity is equal to the supply…

Q: 3) Jack's Labor Demand Problem Jack hires craftswomen like Jane to help produce widgets. Jack acts…

A: The marginal product of labor (MPL) basically refers to the change in production that occurs when an…

Q: Compare the machines shown below on the basis of their capitalized cost. Use I =10% per year.…

A: In this question we have:- machine A has a initial cost of $20,000 and machine B has a initial cost…

Q: Suppose demand and supply of gasoline are given by the following linear functions: Qd = 100 - 20P QS…

A: Deadweight loss is the decrease in total surplus when socially efficient quantity is not produced.…

Q: A). Discuss the benefits and costs of joining a fixed-exchange area. Explain the concept of optimal…

A: Note:- Since we can only answer one question at a time, we'll answer first one. Please repost the…

Q: lower interest rates are anticipated to have a positive impact on the economy a. Reduce your…

A: The amount of interest payable every period, expressed as a percentage of the amount loaned,…

Q: An agreement may be unenforceable because one party misrepresented a fact important to the bargain.…

A: At the marketplace, there are various types of agreement made between the parties according to their…

Q: A machinery supplier is offering a certain machinery on a 10% down payment and the balance payable…

A: Annual Equivalent Rate or AER refers to the interest rate applicable for a savings account or the…

Q: At any given amount of income, an increase in consumption will result in a. A rise in total demand…

A: Consumer use their income in two ways: 1. On consumption of goods and services, 2. On saving for…

Q: and continue with the scenario of adding a $6 per unit tax.  How much will BUYERS receive per unit…

A:

Q: Among the given choices, which doesn’t correlate with the global poverty? (choose one answer only)…

A: The global poverty has been caused by the several factors. The widespread inequality amongst the…

Q: * $31.25 MC АТС $25 P=MR $20 $18.75 $12.5 $6.25 $0.0 Quantity 20 40 60 80 100 120 140 160 180 200…

A: For a perfectly competitive firm, prices are given.

Q: Consumption expenditure: Investment expenditure: Government budget balance Money demand C= 100 +0.8…

A:

Q: Figure: Foreign Exchange Markets Sp Don D, Q Qs Reference: Ref 12-3 (Figure: Foreign Exchange…

A: Introduction Interest rate is very crucial while deciding demand and supply between the countries.…

Q: Whether this statement is true, false or uncertain? Why? Use graphs if possible. The central bank…

A: The Central Bank's main duty is to check the monetary conditions of its member states. So, it will…

Q: 250 = 10K0.5L0.5

A:

Q: Problem 6. Find the present worth of $2500 deposits in years 1 thru 8 if the interest rate is 7% per…

A: The total of future investment returns discounted at a particular level of rate of return…

Q: (C). Similarity of economic structure, and composition of output, tends to reduce the economic…

A: In an economy, joining a currency union implies monetary union agreement with some other countries.

Q: To achieve the potential gains from international trade, O A. Brazil should produce both quinoa and…

A: Cross-national economic exchanges are referred to as international trade. Consumer commodities, such…

Q: A manufacturing company is proposing two new methods to enhance and increase the production line of…

A: In the future worth analysis, we convert all the cash flows into a single value at a particular time…

Q: What are the steps in the process used to evaluate the net economic change brought about by an…

A:

Q: a) The construction of a beach-front resort has led to erosion of the seabed, destruction of corals…

A: Hi! Thank you for the question As per the honor code, We’ll answer the first question since the…

Q: Question 29 Describe where producer surplus is on the graph (use words or you can also draw and…

A: Producer surplus refers to the benefit to the producer. This benefit may arise due to the difference…

Q: 1. Use the following information from a fictional economy: Consumption, C = 250 + 0.8 Yd Investment,…

A: When aggregate supply also know as (AS) and aggregate demand(AD) are equal to each other, then…

Q: 3. Suppose the annual interest rate is R = 0.10 (10%). If the expected inflation rate is n =0.02…

A: Real interest rate is the rate of interest adjusted for inflation.

Q: To keep the exchange rate fixed at $6.00 per yuan, the Chinese government could limit the…

A: Exchange rate is basically the rate at which the currency of an nation can be exchanged to another.…

Q: If the consumers' income increase from $200 to  $300, the quantity demanded for product X will…

A: Elasticity is defined as a variable's sensitivity to change in some other variable. Most commonly…

Q: Suppose the price of cotton (a production input for t-shirts) falls, which causes the quantity of…

A: Equilibrium is the market is defined when the two market forces which are demand and supply matches…

Q: Which item below is not an element of household expenditures in an open economy? O a. Taxes.…

A:

Q: As formulated by Malthus, the Malthusian theory of population growth, proved ______. a. that food…

A: Malthusian theory of population growth says that the population is increasing at the rapid speed…

Q: Your friend visited the country of Sibelia. He reports to you that one can always legaily exchange 1…

A: Exchange rate: - the exchange rate is the rate at which the currency of one country can be exchanged…

Q: Which one of the following statements is false? O A. Liquidity preference model suggests that when…

A: The answer is - D. Liquidity preference model suggests that higher GDP growth leads to higher…

Q: Q.1  Use Lagrange multipliers to find the maximum utility for the utility function U = 5xy, when…

A: One way of maximizing utility is to choose a bundle where marginal rate of substitution is equal to…

Q: ToasterOvenslnc. is developing technology to make a toaster oven than uses less electricity. If…

A: Externality refers spill-over effect of a good or service on the society which is not involved in…