economic. Please help me to find a topic. So I can write . Thanks ti.pdf

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1. The document discusses analyzing a current news article about a good or service using concepts of supply and demand. 2. It instructs the reader to summarize the article using supply and demand terms like changes in buyers/sellers, responses to price changes, surpluses/shortages. 3. The reader must also illustrate the analysis with three supply and demand graphs showing movements along or shifts in the demand and supply curves and the resulting equilibrium changes.

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outdated and the computer either needs to be replaced or updated. Hence the demand of the
computer will be retained. So there will be a constant demand for the computers in the market.
Price increase or decrease will not affect the demand since it is not a good that can be bought in
large quantity and stored for later use. The demand will tend to increase when there is shortage
of computers in the country. As the supply and demand of computers are in proportion, the
supply has to be maintianed.

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East Street Automotive Repair received an invoice amounting to $1,406 with cash terms of 3/15 dated February 27. If a partial payment of $750 is made on March 10, find the balance due on the invoice. Select one: a. $656 b. $773.20 c. $633.50 d. $632.80 Solution The Invoice amount 1406 Payment -750 Balance to be paid 656 If the full payment is made within 15 days then discount of 3% will be availed The correct option is a. $ 656.

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economic ercise Scores 0 of 1 pt Assignment Score: 4.84% (3 of 62 pts) Suppose that the price of a pair of shoes is $10 and the price of a box of tea is $6. What is the relative price of a pair of shoes? OA 1667 OB 4.000 Oc 16.000 OD 0.600 Solution 1. Relative price is the ratio of prices of the two goods, Here, relative price of a pair of shoes = 10/6 = 1.6667 option a. 2. The relativ price of hospital room in 2003 = 250/350 = 0.71 Relative price of hotel suite in 2003 =350/250 = 1.4 Similarly in 2004, for hospital rooms= 0.733 for hotel suite = 1.36 Hence, in 2004, the relative price for hospital room increased and for hotel suite it decreased . option b 3. option c . relative price of hamburger increased from 0.83 to 0.89 4.Picture not cleaar. However, market quantity demanded is the sum of all quanttites at the given price. 5. option c )9. It is the sum of all quantities demanded.

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Eau Claire Paper Mill, Inc., had, at the beginning of the current fiscal year, April 1, 2010, retained earnings of $406,270. During the year ended March 31, 2011, the company produced net income after taxes of $642,763 and paid out 35 percent of its net income as dividends. Construct a statement of retained earnings and compute the year-end balance of retained earnings. (Round answers to 2 decimal places, e.g. 15.25.) Solution Retained earnings at April 1,2010 = $406,270 Net income after tax for year ended March 31,2011 = $642,763 Dividend paid to shareholders = 35%*$642,763 = $224,967.05 Retained Earnings at March 31,2011 = $406,270 + $642,763 - $224,967 = $824,065.95 Retained earnings at April 1,2010 $ 4,06,270.00 Net income after tax for year ended March 31,2011 $ 6,42,763.00 Dividend paid to shareholders $ -2,24,967.05 Retained earnings at March 31,2011 $ 8,24,065.95 Retained earnings at April 1,2010 $ 4,06,270.00 Net income after tax for year ended March 31,2011 $ 6,42,763.00 Dividend paid to shareholders $ -2,24,967.05 Retained earnings at March 31,2011 $ 8,24,065.95.

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Each year a local weekly newspaper gives out \"Best of the City\" awards in categories such as restaurant, deli, pastry shop, ansd so on. Readers are asked to fill in their favorites on a form enclosed in this free weekly paper and then send it to the publisher. The establishment receiving the most votes is declared the winner in its category. Identify the population and sample and comment on the representativeness of the sample. Solution Population: The entire collection of responses, from all residents, of their favorite establishment. Sample: the responses from the persons who filled out the form. This is a self-selected sample, and not representative, as only those with strong opinions would fill out form..

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Each inhabitant of a remote village always tells the truth or always lies. A villager will only give a `Yes\' or `No\' answer to a question a tourist asks. Suppose you are a tourist visiting this area and come to a fork in the road. One branch leads to the ruins you want to visit; the other branch leads deep into the jungle. A villager is standing at the fork in the road. (a) What one question can you ask the villager to determine which branch to take? Justify your answer. (b) Is it possible to ask a single question and determine both which branch to take and whether the villager always tells the truth? Justify your answer. Solution (a) Point down one road. Ask the villager, \"If someone else were to ask you if this were the road to the ruins, what would you say?\" If it is the road to the ruins, a truthful villager would tell someone else the truth, and they\'d tell you the truth about telling the truth, and say \"yes\". On the other hand, if it is the road to the ruins, a lying villager would lie to someone else, and they\'d lie to you about lying, and say \"yes\". If isn\'t the road to the ruins, a truthful villager would tell someone else the truth, and they\'d tell you the truth about telling the truth, and say \"no\". On the other hand, if isn\'t the road to the ruins, a lying villager would lie to someone else, and they\'d lie to you about lying, and say \"no\". (b) The particular question in my answer to (a) tells you which branch to take, but does not distinguish between the two kinds of villagers. I\'m not sure I can prove there isn\'t a different question that both tells you which branch to take and distinguishes between the two kinds of villagers. However, if you only get one answer (one \"yes\" or \"no\"), I don\'t think you can get two pieces of information from it (both the branch and the type of villager). So I don\'t think it\'s possible, but I\'m not confident my reasoning rises to the level of a rigorous proof..

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Each student in a class size n was born in a year with 365 days, and each reports his or her birth date(month and day, but not year). a) How many ways can this happen? -The answer is 360^n but why? b) How many ways can this happen with no repeated birth dates? c)What is the probability of no matching birth dates? d) In a class of 23 students, what is the probability of at least one birth date Need help here, the text book + class notes don\'t seem to help me much on this problem. Solution it should be 365^n since each person birthday can fall on any day out of 365 b)the answer is 365!(factorial) i.e., 365*364*363.......*1 since no repetations are allowed c)the probability is 364/365* 363/364*362/363.....hence =1/365 d)P = 1 - (365P23/365^23) = .7063 here P represents permutation.

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