Numerade

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a. when the price is $50, what is the total revenue? b. what is the price of elasticity of demand if the price falls from $50 to $40? is it elastic or inelastic? what is the implication on revenue?

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Ed's parents can claim him as a dependent on their tax return in 2023 his only source of income was 1250 of interest income received from global bank what is Ed's standard deduction

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Alkenes and alkynes are known to be nucleophilic. Explain the reason why.

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Which of the following characteristics is a complex trait? Presence of a widow's peak Cleft chin Cheek dimples Height

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f^-1(x) = (x-2)/7 mod60

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This is regarding a single cylinder 4-stroke engine. What are the four strokes in this engine? Explain in detail how the mechanical components work together to execute the cycle. Sketches and/or pictures may be especially helpful in your explanation.

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Review Questions Table 1 2013 2009 2012 Product Quantity 2013 Price MP3s 40 $250.00 45 $200.00 50 $150.00 Tacos 2,000 2.00 2.200 2.25 2,300 2.40 Coats 300 50.00 310 52.00 350 55.00 1. Refer to Table 1. Consider the data above for a simple economy: Using 2009 as the base year, calculate nominal GDP, real GDP, and the GDP deflator for 2013. Show your work. 2. In the circular flow of expenditure and income, why must the value of total production in an economy equal the value of total income? 3. Why is GDP an imperfect measure of economic wellbeing? 4. Why does a country's economic growth rate matter? Discuss government policies that can foster economic growth.

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Question 1: Suppose your wine house is the sales agent for the product \"Paradise White Wine\". There are 3 white wines sold in the market, namely \"Paradise White Wine\", \"GoodTaste White Wine\" and \"Wine with Friends\". The cross-price elasticity of \"Paradise White Wine\" in response to price change in \"GoodTaste White Wine\" and \"Wine with Friends\" are 0.6 and -0.03 respectively. The income elasticity of \"Paradise White Wine\", \"GoodTaste White Wine\" and \"Wine with Friends\" are 0.05, 0.04 and -0.02 respectively. It is expected that there is an upcoming economic recession. (i) Are \"GoodTaste White Wine\" and \"Wine with Friends\" substitutes of \"Paradise White Wine\"? (10 marks) (ii) How would the upcoming economic recession affect the demand of \"Paradise White Wine\"? (5 marks) (iii) Making use of appropriate diagram, explain how would the upcoming economic recession affect the price of \"Paradise White Wine\"? (10 marks) (iv) Suppose you want to add one more wine for sales at your wine house during the time of economic recession, would you choose to add \"GoodTaste White Wine\" and \"Wine with Friends\" in your product portfolio? (10 marks)

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Q1. Consider the two-player game described below. There are six buttons placed in three rows as shown in Figure 01. Each time a player takes turns in removing a button. The player who picks up the last button wins the game. The rules for playing are as follows: Rule01: Each player should pick a button from the row containing the largest number of buttons, Rule02: If there are three rows with equal number of buttons, then, the player should pick from the last row. Rule03: If only two rows have equal number of buttons and in each more than one button, then, the player should pick a button from the second row. Else, the player can pick from any row. Rule04: If any incorrect move occurs, the game restarts. Based on the above information, (i) State the inputs and the outputs (ii) Draw the state transition diagram. (iii) Compute the ASM chart. (iv) Write the VHDL code to implement the design. Figure01 (05 marks) (20 marks) (15 marks) (30 marks)

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Part 3: Short Answer Questions. Please BRIEFLY answer the following question. (5 points) A large share of the world supply of diamonds comes from Russia and South Africa. Suppose that the marginal cost of mining diamonds is constant at $1000 per diamond and the demand for diamonds is described by the following schedule: [Please explain and show your steps.] Price Quantity $8,000 5,000 diamonds 7,000 6,000 6,000 7,000 5,000 8,000 4,000 9,000 3,000 10,000 2,000 11,000 1,000 12,000 1. If there were many suppliers of diamonds, what would be the price and quantity? 2. If there were only one supplier of diamonds, what would be the price and quantity? 3. If Russia and South Africa formed a cartel, and the countries split the market evenly, what would be South Africa's production and profit?

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christopher t.