Microeconomics Homework!!!!?
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1. B.  The others are just moving along the supply curve, not shifting it.\n2. E.  Just try it out with a simple graph.  The entire equilibrium moves.
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Dude, do your own homework. You won't learn anything if you don't do it yourself. What kind of lazy bum are you?
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QUESTION 1) JOE'S INCOME\n\nJoe's income increased by 2,500\n\nYou can find the percentage change by using this sum ;\n\n(2,500 / 30,000) * 100\n\nANSWER = 8.33 %\n\n__________________________________________________________\n\n\nQUESTION 2) DISCOUNT\n\nThe amount of discount can be found using the following sum ;\n\n(5 / 100) * 205.5\n\nAMOUNT OF DISCOUNT = $10.275 = $10.28 (rounded to the nearest cent)\n\nSo, AMOUNT PAID AFTER DISCOUNT = ($205.50 - $10.28) = $195.22\n\n__________________________________________________________
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After a simple google search I found a good website with all the info you need.\n\nFrom now on do your own homework!
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Do you mean micro-econ. and macro-econ.?
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Minimum.......$50.00.\nMax...........$200.00
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Do your own homework :)
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See for yourself.\n\nhttp://sparknotes.com/economics
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Question is too vague. \n\nYou should do your own homework rather than leeching off someone elses work and research.
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Cost to produce/market the product.\nGoing rate for similar products.
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1     $58.50\n\n2     $23.20\n\n3     $38.25\n\n4     $75.60
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Try using Google or Yahoo search 4 your homework.
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Here is a great article with sample problems.\n\nHope this helps!
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The second problem is easier than the first problem, so I'll tackle it first.\n\nLet's imagine that the trip is 120 miles. The distance doesn't matter if the average rates are as given above.\n\nIt takes 3 hours to travel 120 miles at 40 miles per hour.\nIt takes 2 hours to travel 120 miles at 60 miles per hour.\n\nSo it took 5 hours to travel a total of 240 miles.\n\nThis is an average rate of 48 miles per hour.\n\nI'll work on the first problem and hopefully I'll get back to you.\n\nUPDATE\n\nI think I have the first problem solved as well. It involves an infinite series! Call the people involved A and B.\n\nThe probability that A wins on the first toss is 1/2.\n\nIf A doesn't win on the first toss, then the probability that B wins on the second toss is also 1/2. But this only happens in 1/2 of all games. (In the other half, A won on the first toss.)\n\nIf B doesn't win on the second toss, the the probability that A wins on the third toss is also 1/2. But this only happens in 1/4 of all games (In half the other games, A won on the first toss. In half the remaining games - 1/4 of all games, B won on the second toss.\n\nFollowing this logic, A wins:\n\n1/2 + 1/4(1/2) + 1/16(1/2) + 1/64(1/2) + ...\n\nof all games.\n\nB wins:\n\n1/2(1/2) + 1/8(1/2) + 1/32(1/2) + ...\n\nof all games.\n\nLooking again at A, we have:\n\n1/2(1 + 1/4 + 1/16 + 1/64 + ...)\n\nThe term in parentheses is an infinite series having initial term 1 and ratio 1/4.\n\nThe sum of an infinite series having ratio whose absolute value is less than 1 is equal to:\n\na/(1 - r)\n\nWith a = 1, and r = 1/4, the sum = 4/3. So:\n\n1/2(1 + 1/4 + 1/16 + 1/64 + ...) = 1/2 * 4/3 = 2/3\n\nLooking again at B, we have:\n\n1/2(1/2 + 1/8 + 1/32 + 1/128 + ...)\n\nThis sum should be half of the sum of the infinite series in A.\n\nWith a = 1/2 and r = 1/4, a/(1 -r) = 2/3\n\nSo:\n\n1/2(1/2 + 1/8 + 1/32 + 1/128 + ...) = 1/2 * 2/3 = 1/3.\n\nA should win 2/3 of the time, and B should win 1/3 of the time. There is an advantage to going first!
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Interesting homework question....
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Macro means large, Micro means small.\n\nIf you took the sum of every indivudual demand curves, you would have the aggregate.\n\nExample:  Person A would demand 5 units at $3.00 while Person B would demand only 4 units at $3.00.  The aggregate demand curve at $3.00 would then be 5 + 4 or 9.\n\nGenerally speaking, for normal goods, as the price rises, people demand less ... if the price were $4.00 in the above, then Person A might only demand 2 units and Person B may only demand 3 units.  Generally this reflects the opportunity cost of th next best alternative.  As you are required to spend more on one good, you can afford that much less of another ... so the trade off's become greater.
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1. Bob's favorite ice cream used to cost $1.50.... Then the price was raised to $1.75. Find the percent increase.\n(175/150)-1)*100%=16 2/3% increase\n\n2. Jenny paid $12,000 for her car. Five yrs later she sold it for $8500. What percent decrease was this?\n(8500/12000-1)*100%= -29 1/6% 29 1/6% decrease\n\n3. The Music Box marked up their CD's 75%. If the music box charges $20 for a special cd, how much did it cost before the mark-up? (hint: the answer is not $15)\n$20=1.75x\nx=20/1.75=$11.43\n\n4. Quinn deposits $2000 in a savings account that pays 4% compounded semi-annuallly. HOw much money will Quinn have in her account after two years? Give the expression. (you do not have to simplify) \n\n$2000(1.02)^4=$2164.86