Please show how to complete chart LRAC what is the process

Q: Use the following data to calculate the information below

A: We know Elasticity of demand can be calculated as :  1.    Percentage Method = -∆Q∆P* PQ…

Q: What is the microeconomy?

A: Microeconomics is a study of economics at the level of individual consumers, groups of consumers, or…

Q: In excel geametrically all the given Phat graphically and derived data. ar

A: APP = TPP/ Input  MPPn = TPPn - TPPn-1 or change in TPP/ Change in Input

Q: Discuss the concept of measurement from the perspectives of accuracy, validity, and reliability.…

A: Reliability and validity are concepts used to evaluate the quality of research. They indicate how…

Q: Differentiate the function. (4x + 5)3 y = (2x + 1)2 dx

A: We are going to find the derivative of functional form in terms of U/V to get the answer. Note: As…

Q: 45 people were surveyed at the Sunway Pyramid Mall to investigate coffee preferences. The results of…

A: Introduction Here total 45 peoples were given.   Children Adult Senior Latte 3 9…

Q: Australia has one of the highest per capita GHG emissions in the world. Show how Australia compares…

A: 1. Australia has the highest rate of GHG emissions per capita which is around 15.5, for around 10n…

Q: Give a brief analysis of the data found in the chart created

A: The given chart indicates the sources of revenue for KPT Enterprises for the year ended. The…

Q: Question: Given the following: y = e?e3 This can also be written as: y = e

A: Law of exponents: If the base is the same, then add the powers in case of multiplication of numbers…

Q: Based on the graphical representation below, select the answer which best interprets the graphical…

A: Based on the graphical representation below. This diagram shows two goods X1 and X2.

Q: Task II: Your manager asked you to answer the following: A) Define quantitative and qualitative…

A: Since you have asked a multi-part question, and according to the policy, we can only solve the first…

Q: Analyse the PESTEL of 3 countries Nigeria, Mexico vs Philippines

A: PESTEL analysis: It refers to the analysis under which the firm is able to know about their…

Q: Give me an example How Efficient are Graphical techniques – scatter plots for Estimating Costs?

A: A scatter graph is a graph that shows how a cost varies at different movement levels. From a scatter…

Q: Question 1 Information regarding the community’s average income and movie ticket sales at the Ruby…

A: Last year             Community's average income $55800             Movie Ticket sales = 4980 This…

Q: Calculate the summary indices of prices, physical volume of sales and turnover: Product name May…

A: Given information No of Products=5 Prices of the product in May month($)=P0 Estimated prices for…

Q: Toss a coin once. Write down the sample space for showing face, number of tumbles in the air and…

A: Given: A coin is tossed.

Q: What are the criteria for evaluating measurements?

A: There are three major criteria for evaluating measurement.

Q: Year Lab 2000 142 2001 143

A: Labor force in 2019 = 163,539,000 Unemployment rate = 3.7 %

Q: Can you help me examine the relationship between both graphs

A: Answer: Introduction: The growth rate and unemployment are inversely related to each other. It means…

Q: What is the lowest level of measurement for the data where the mode could be determined? A. Nominal…

A: 1) Nominal is the lowest level of measurement which is used for determination of mode. It means that…

Q: Circular flow model

A: Circular Flow Model is the model which helps to study the money flow of an economy.

Q: Using EViews, graph the series spread. Describe the main features seen in the graph and provide an…

A: E-view graphs that are perspectives on different items, and named or anonymous graph objects. The…

Q: ctors of production are all varied

A: Answer The correct option is [C} technology, factor prices, and the number of factors of production…

Q: X2 =-2 X3 = 5 Compute X. Your answer is an integer. No decimal place. Your Answer:

A: here we calculate the given by following as follow;

Q: Refer to the following table. Second Event PL Total 41 S Click here for the Excel Data Fie a.…

A: The table lists the number of times the first event A and the second event B happens. The total…

Q: In the 1980s land prices in Japan surged upward in a “speculative bubble.” Land prices then fell for…

A: Prices of land means monetary expense which a person or owner has to bear to get a plot of land…

Q: Define digit

A: Definition of digit 1 a: any of the Arabic numerals 1 to 9 and usually the symbol 0 b: one of the…

Q: In excel Phat graphically and derived data. geametrically all the given ar

A: Total Physical Product or TPP is defined as the total quantity or amount of output which is produced…

Q: Write the advantage of 'interquartile range' over 'range'

A: Interquartile range = Difference in the first quartile and third quartile. IQR = Q3 - Q1 Range is…

Q: What is the Excel method?

A: Excel is a computer spreadsheet program that consist of rows and columns. Excel is used to store…

Q: When is the indicator (consumer confidence index) released (date of release) and how is data…

A: Consumer confidence index measures how confident consumer's are regarding economic conditions and…

Q: What is the type of scale of the variable age if it is measured in the following way? What is your…

A: The level of Measurements is to classify the variables how the group or individuals variables are…

Q: ᴀꜱꜱᴜᴍᴇ ᴛʜᴀᴛ ᴀ ᴛᴇxᴛɪʟᴇ ᴄᴏᴍᴘᴀɴʏ ɪɴᴄᴜʀꜱ ᴀ ᴘʀᴏᴅᴜᴄᴛɪᴏɴ ᴄᴏꜱᴛ ᴏꜰ $12 ᴘᴇʀ ꜱʜɪʀᴛ, ᴀɴᴅ ɪᴛ ᴘʀᴏᴅᴜᴄᴇᴅ 3045 ᴜɴɪᴛꜱ…

A: Production means the goods and services are produced by converting raw materials into finished…

Q: A traditional performance rating benchmark (or guideline) for “normal” effort, or speed, is dealing…

A: For this comparison the actual performance of the participants should be considered. provide the 52…

Q: Using equations (1) and (2), sketch the demand and supply diagram

A: "Since you have not posted the parts of the question, we are only drawing the demand and supply…

Q: What level of measurement would be used if participants were asked to choose one picture from a set…

A: A variable is a quantity whose value tends to change across the population and could be measured.…

Q: surve

A: A survey is a list of questions being aimed at extraction of specific data from a particular group…

Q: System of Equations: y=9+3z y=51−3z Value of z Value of y

A: The first equation is: y = 9 + 3z The second equation is: y = 51 - 3z

Q: a) What is a Z score? Explain. b) A data value of Z score -1. What is the relative position of the…

A: z-score: The z-score is defined as a measure that gives an insight as to how far a particular data…

Q: II. Performance Appraisal Using the Paired-Comparison for the following employees. method of…

A: The goal of the employee comparison pairs created in the paired comparison technique of performance…

Q: Call centers today play an important role in managing day-to-day business communications with…

A: The histogram is showing percentage on the Y-axis and the seconds on the X-axis.

Q: Question 38 FIGURE 1 MS

A: We have to find y represente from given diagram .

Q: QUESTION 1 X IC OM B $420,000 $45,000 $110,000 Z $540,000 $35,000 $260,000 W $500,000 $50,000…

A: C/B or Cost - Benefit Analysis represents the profitability of any project to compare it with other…

Q: Sample Population Person Status Allen Unpaid stay-at-home dad. Has not looked for a job in several…

A: Labor Force Sample Surveys are the preferred way of estimating the unemployment rate since they have…

Q: question part c should contain a graph

A: Part c

Q: a. Estimate the demand equation for the product. Month Price Amount January 18 50 February…

A: Demand Function is a  function which describes price in the market as a linear function of quantity…

Q: (i) Difference between scanning and Skimming

A: In economics, different terms are used by the researchers when making research or analyzing any data…

Inflation and Purchasing Power Theory

In economic terms, Inflation refers to the increase in the costs of various commodities which are used in daily lifestyle like food, clothes, transport, etc. over a specific time. It may lead to a fall in the purchasing power of the people and also affects the exchange rate of the currency because of the price increase. As the purchasing power falls the unit of the currency in the economy falls. When the prices of the commodities are decreased, then the purchasing power of the consumers will rise, then it will lead to deflation and changes the currency of the base economy to that of the foreign economy which will lead to change in exchange rates.