Other Economics Answers

Make some observations of businesses around your community or watch news

on television. Based on your observations, identify the factors affecting their businesses during the pandemic. How does the COVID- 19 affect their business? Explain your answer using the PEST chart.

Political —

Economic —

Social —

Technology —

Make some observations of businesses around your community or watch news

on television. Based on your observations, identify the factors affecting their businesses

during the pandemic. How does the COVID- 19 affect their business? Explain your answer using the PEST chart.

Political —

Economic —

Social —

Technology —

Make some observations of businesses around your community or watch news

on television. Based on your observations, identify the factors affecting their businesses

during the pandemic. How does the COVID- 19 affect their business? Explain your answer

using the PEST chart.

Political —

Economic —

Social —

Technology —

Where is your refrence

1.

Identify some of the questions you might have about the overall environmental industry trends (political, economic, social, technological, environmental, and legal, or others). You might include questions such as “What affects demand?” or “Who is likely to travel the most in the next five years?” “How are fuel prices determined” or “How can fuel efficiency be improved?”, for instance.

a. Identify at least one question for each of the environmental factors (political, economic, social, technological, environmental, and legal).

b. For at least one of the questions, hypothesize the answers to it, and identify where you might go to evaluate resources. For instance, if you asked a question regarding what affects demand, you might hypothesize that personal income could be a factor, and you might conclude that evaluating the overall U.S. economy or household income from data on the Bureau of Economic Analysis site could be valuable information.

What will happen to the equilibrium quantity and equilibrium price of renewable energy resources if energy sector improves the technology? (Graph is not required

Calculate the equilibrium price and equilibrium quantity of renewable energy resources

Suppose that the demand curve facing OPEC is given by P=120-2Q and that each members coat of producing oil is AC=MC=$20. Find the cartels profit maximizing total output and price.

If instead of keeping to this output,all members overproduced their quotas by 20 percent,what would be the effect on OPEC's total profit?

"The Green Company produces chemicals in a perfectly competitive market. The current market price is $40;the firms total cost is C=100+4Q-Q².

a.Determine the firms profit maximizing output.More generally, write down the equation for the firms suppy curve in terms of price P.

b. Complying with more stringent environmental regulations increases the firms fixed cost from 100 to 144.Would this affect the firms output? Its supply curve?4

c.How would the increase in fixed costs affect the markets long run equilibrium price? The number of firms?(Assume that Greens costs are typical in the market.)

Suppose the consumer has the utility function

U(C,l)=0.5 √C+√ l

and has h = 24 hours available, some of which are used as leisure (l) and some supplied to the labor market (NS). Hours of work are paid at the real wage w. The profit income is π = 15. The consumer pays no tax.

Write down the budget constraint and the maximization prob- lem (a Lagrangian) and find the first order conditions for the consumer

Find an expression for the quantity of labor supplied