Econ 102 module 10 assignment


 

Econ 102 Module 10 Assignment

Student Name:

General Instructions: Please get your answers to the aftercited in the spaces getd, and then upload your artistic instrument to WebCampus. Don’t balancelook to obviate a portraiture of your instrument antecedently turning it in.

Technical Instructions:

  • If you demand to haul a direct thread: Click Insert, Shapes, artistic the direct downward sloping thread. At this object, the cursor should vary to a + symptom. Position the plus symptom balance the object where you shortness to set-on-foot the thread, click and obstruct the left mouse pin, then haul the thread to the object where you shortness the thread to end. Release the mouse. Then you can vary the thread environing by clicking on the thread and adjusting it in diversified ways.
  • If you demand to haul a deflexed thread:  Click Insert, Shapes, artistic the pattern determined "arc." At this object, the cursor should vary to a + symptom. Position the plus symptom balance the object where you shortness to set-on-foot the deflexed thread, click and obstruct the left mouse pin, then haul the thread to the object where you shortness the thread to end. Release the mouse. Then you can vary the thread environing by clicking on the thread and adjusting it in diversified ways. Clicking on the bare feel at the top of the deflexion allows you to rotate the deflexion.
  • If you demand to haul a address of any kind: Click Insert, Text Box, Simple Text Box. You can then fashion internally the box, and vary it environing by clicking on the feels on the perimeter of the box.
  • If you demand to tint a thread or deflexion: Right click on the thread, artistic Format Auto Shape, Color. You can also vary the thread to a spotted thread from this defend as well-mannered-mannered.

            If you are using Open Office or some other tidings processor, the steps obtain be entirely homogeneous, but not precisely the corresponding. In any instance, do some experimenting and get some acceleration if necessary; and you obtain do artistic. This is not an art adjust, and I don’t forecast consummation in these matters.  

Each doubt on this assignment obtain be assigned object values, for a entirety of 10 objects for this assignment.

1. Briefly teach why a profit-maximizing stable obtain not adopt to result at a bulk where ultimate consume exceeds ultimate wealth. (1 object)

2. Briefly teach why the stable obtain not adopt to a bulk where ultimate consume is close than ultimate wealth.  (1 object)

3. Briefly teach why as output acceptions entirety consume ultimately rises faster than entirety wealth for a entirely competitive stable.  (1 object)

4. Since a entirely competitive stable can hawk as greatly as it wishes at the traffic figure, why can’t the stable barely acception its income by hawking an greatly violent bulk? (1 object)  

5. Rushawk has set-on-footed a lawn-mowing trade, but it isn’t going very well-mannered-mannered.  His urban consumes are a deal, trailer and some equipment that has been rented for foul-mouthed aggravate months at a consume of $1500.  If he continues liberal balance these foul-mouthed months, the consume of drudge (twain his own and his employees) obtain be $4,000.  Rushawk is worried encircling whether to protect the trade going.  If he forecasts to deserve $6,000 in entirety wealth balance the contiguous foul-mouthed months, should he protect liberal?  Explain.  What if he forecasts to deserve $7,000 balance the contiguous foul-mouthed months?  Explain.  What if she forecasts to deserve $8,000 balance the contiguous foul-mouthed months?  Explain. (2 objects)

6. “Because of all the race it faces, a entirely competitive stable should never forecast to deserve income.”  Is this proposition gentleman or falsity?  Explain. (1 object)

7. “Because of all the race it faces, a entirely competitive stable should never forecast to be making losses.”  Is this proposition gentleman or falsity?  Explain. (1 object)

8. Which obtain typically be violenter:  accounting or economic income?  Why? (1 object)

9. Which appraise of income takes the opening consume of financial consummate into account:  accounting, economic income, neither appraise of income, or twain?  Explain. (1 object)