PERFORMANCE TASK NO. 1 Defining PESTLE You have learned how different environmental factors can affect the market and the business idea that you have. Let us now check how much have you understood of this concept. Using your own words and understanding, define and give at least three (3) examples for each PESTLE factor. Political Factors Definition: Examples: Economic Factors Definition: Examples: Social Factors Definition: Examples: Technologica I Factors Definition: Examples: Legal Factors Definition: Examples: Environmenta Definition: I Factors Examples:

Q: You are the manager of a large crude oil refinery. As part of the refining process, a certain heat e...

A: Given information First year cost of heat exchanger=$175000 Cost increase by 8% every year due to in...

Q: Two firms compete in price in a market for infinite periods. In this market, there are N consumers; ...

A: Note:- As per the honor code, we can only answer up to three subparts and as the exact one is not sp...

Q: The marginal product of labor is A) output that does not meet quality specifications. B) total produ...

A: Marginal product refers to the addition in total product when one more unit of production is used.

Q: Total product (meals per hour) 24 20 TP 16 12 8. 2 3 4 Quantity of labor (workers) The figure shows ...

A: Total product curve shows a relationship Total output and labour inputs.

Q: Who owns property in a socialist system?

A: .Socialism is a social and economic theory that advocates public ownership and control of property a...

Q: . Analyze ways in which the workplace, occupations, the nature of work, and working conditions in Ca...

A: The global economy refers to the global economic system, which includes all economic activities that...

Q: Which of the following is correct about marginal and average products? A) When the average product i...

A: Marginal product refers to addition in total output and when more unit of variable input is used in ...

Q: If Japan has low inflation and the Philippines has high inflation, what will happen to the exchange ...

A: In the international market, the value of currencies are highly influenced by the inflation rate in ...

Q: Compare the profits of Firm A when both firms respect the collusive agreement to the profits of Firm...

A:

Q: Que In the context of the job-search model seen in class, if the economy is in the steady-state unem...

A: PLEASE FIND THE ANSWER BELOW.

Q: The creation of the Interstate Commerce Commission (ICC) led to the federal government regulating th...

A: A growing public outcry in the 1880s about railroad malpractices and abuses led to the creation of t...

Q: Discuss how the public provision of education can lead to less consumption of education than before ...

A: Public good implies a particular role for government. Economists define a public good as satisfying ...

Q: What is the opportunity cost of having health insurance? What is the opportunity cost of not having ...

A: Opportunity cost is the cost of next best foregone. In other words it is the cost of the worth of wh...

Q: What are the distinguishing characteristics of social-ist economies?

A:  An economy is a large collection of interconnected production and consumption activities that help ...

Q: I deposit £250 in a high-earbing account paying 9% compound interest and leave it for three years. W...

A:

Q: Question 26 The one variable that stands out as the most significant explanation of large variations...

A: Different countries have different living standards due to variables like changes in real GDP per ca...

Q: 4. If a certain machine undergoes a major overhaul now, its output can be increased by 20%, which ...

A:

Q: We consider a CES production function. Y = A + (1 – a)L̟º Q1: As o → 1, prove the Cobb-Douglas produ...

A: Given production function Yt=AαKtσ-1σ+(1-α)Ltσ-1σσσ-1  

Q: There are 5 categories that Johnston and Mellor identified in 1961 as contributions of Agriculture i...

A: 1. Farm product for domestic consumption is corn. 

Q: What are some deficiencies of the capitalist model?

A: Capitalism governs most of modern Western life. Private property, private ownership of the factors o...

Q: mechanical contractor is trying to calculate the present worth of personnel salaries over the next f...

A:

Q: Which of the following arguments is truth? a. Ali is a banker. All bankers are rich. Therefore, Ali ...

A: a. Ali is a banker. All bankers are rich. Therefore, Ali is rich. b. All dogs are mortal. Lucy is m...

Q: The table below describes three tax systems (A, B, and C) for three income levels. Tax system A Tax ...

A: (a) Tax System A:i) Percentage of income= 2,00020,000×100=10%ii) Percentage of tax=50,000×15100=$7,5...

Q: 1) a) (2 marks) Suppose that the money multiplier is 2.5. If the central bank implements an open mar...

A: Introduction Monetary base is the currency that either will be in the hands of public or in the comm...

Q: Explain the meaning of an attractive compensation package.

A: This can show that,  to the provision of a compensation package that exceeds the standard of busines...

Q: The municipality of Trento has arranged to borrow P30 million in order to implement several public p...

A: The amount borrowed, PV = P30 million Interest rate = 3% Every year payment = P5 million

Q: ality/new good bias in its calculation of the CPI? ) Update the list of products included in the CPI...

A: Removing energy and food prices will reduce the quality/new good bias in its calculation of CPI beca...

Q: Quantity of Labor (workers) Total Product (units per hour) 0 123 4 5 6 0 259 151817 The table above ...

A: Change in total product per unit change in the quantity of labor employed is the marginal product of...

Q: discuss the dominant

A: Below given some dominant cost components of health care,

Q: new vending machine is being considered to purchase. The estimated first cost is php 75,000 the firs...

A:

Q: A retail store estimates that weekly sales s and weekly advertising costs x (both in dollars) are re...

A: Total Sales refer to the total quantity of goods or services that the producer or firms sells during...

Q: 13. Assuming that all international parity conditions, i.e., CIRP, UIRP, PPP, and Fisher Effect, ar...

A: There is no excess supply of one form of deposit nor excess demand for another when the interest par...

Q: Utility Function MUX MUy MRSXY 2х U =- 2y 2x0.2 y0.8 /36ху

A:

Q: What is the present value or price of a $150 annual perpetuity if the returns on similar contracts a...

A: Given; Value of annual perpetuity= $150 Discount rate= 7% Formula to calculate present value:-      ...

Q: Consider the following open economy model: C = CO + cYD YD= Y I= I0. br NX = No - n¡Y + n2Yf + n3R M...

A: since you have asked multiple questions and according to policy we can solve only 1 question and for...

Q: From the following which is NOT one of the primary goals of the Affordable Care Act (2010)? Question...

A: Affordable care act (2010) was signed by Obama in 2010 with the aim of increasing coverage of health...

Q: Using the savings and investment model, predict what will happen to savings, investment and interest...

A: Answer: Impact on the demand for loanable funds (investment): The government generally spends by bor...

Q: Q6) A new municipal refuse-collection truck can be purchased for $94,000. Its expected useful life i...

A: The purchase price of truck (I) is = $94000   Annual receipts less expenses (A) is = $17000   Salvag...

Q: Over the last 5 years, the population level of a certain area has gone from 200,000 to 250,000, and ...

A: Gross domestic product is known as the growth of the country. The gross domestic product is the summ...

Q: ( Find all Nash equilibria (pure and mixed strategy) of the following normal form Bame: Player 2 L (...

A:

Q: explain briefly The O-Ring Model proposed by Michael Kremer

A: The O-ring model is basically an economic theory that is a model of economic development proposed by...

Q: Formulate a Tactial Decision-Making Model for below scenario. Kindly Follow the Format on the Exampl...

A: Tactical choices and plans are those that deal with the more precise implementation of the board of ...

Q: How does the level of public debt decided by government who aims to achieve the planner optimal is a...

A: *Answer:  Rate of discounting utility = σ So the total utility level given infinite time horizon = U...

Q: The following graph shows the labour market for steelworkers. Assume that all firms in the steel ind...

A: Demand for labor in steel producing industry depends on price of steel and marginal product.

Q: PakMonoG’s inverse demand function is P = 100 – 2Q and cost function is TC = 10 + 2Q, where Q is qu...

A: Given; Demand function; P=100-2Q Cost function; TC=10+2Q where; Q= quantity in units P= price in PKR

Q: Subject: Managerial Economics & Policy MCQs: Cement industry is a subject matter of a. Microecono...

A:   Meaning of Economics: The term economics refers to the situation under which there remain transact...

Q: uppose you invested $1000 annualy over a 15 year period. If money earns an annual rate of  1% compou...

A: Following are the given values: Annuity amount, A = 1000 Time, n = 15 years Interest = 1%  

Q: Explain in detail what effect a Fed sale of bonds will have on: (1) the LM curve; (2) the IS curve; ...

A: Equilibrium in the economy occurs where IS curve intersects LM curve.

Q: phone-making company operates a plant in City A where labor is more expensive as compared to capital...

A: A. Isocost line represent the input required to produce same level of output. Here the isocost line ...

Q: In the Solow growth model: 1. What is the equilibrium effect of an increase in the population growth...

A: The Solow model is an economic growth model that examines the change in the output level in an econo...