Economics - August 2007

Africa!why are they too much computer illitretacy in Africa espcially in our universities today?why those that are even call themselves a graduate of computer science still finding it difficult to operate computer?Does it impliy that study in Africa is going backwards?it 's because of too much thoeritical work?what and what should we put in place in order to lighting the faster development information technology in Africa?western countries started like this and they came up with beneficiary to the society,why Africa today cannot boost of anything?this show things are not growing, the question now is,what africa need to put in place so that we have something western countries will begging us for?

2007-08-08 14:53:51 · 5 answers · asked by Emeka A 1

2007-08-08 12:13:40 · 2 answers · asked by ♥ mommyof2 ♥ 3

2007-08-08 10:47:59 · 4 answers · asked by urukorcs 3

Including ALL aviation: public, private, military, NASA, etc...

2007-08-08 10:43:23 · 1 answers · asked by urukorcs 3

How do you get the average variable cost and marginal cost of:

C(q)= 500 + 560q - 40q^2 + q^3

***(^2 is squared, ^3 is cubed)****

I'm trying to compare the price to the average variable cost to see if they should remain in business, but I can't figure out how to do work with multiple q's.

I get stuck at: 500/q + 560 - 40q + q^2 and don't know how to remove terms.

The condition is 170> Average variable cost of C(q)= 500 + 560q - 40q^2 + q^3. If it isn't then they should leave the market.

2007-08-08 09:08:32 · 3 answers · asked by Antonio B 2

1. I think that the study of economics is:
a) Very important
b) Somewhat important
c) Not very important
d) Worthless

2. I have studied economics (select all that apply):
a) Personally
b) In high-school
c) In college
d) As a college major
e) As a post-graduate
f) Never

3. I have heard of (select all that apply):
a) Karl Marx
b) Ludwig von Mises
c) Friedrich Hayek
d) Milton Friedman
e) John Maynard Keynes

2007-08-08 08:57:07 · 3 answers · asked by the_defiant_kulak 5

2007-08-08 08:40:05 · 6 answers · asked by hahaman 2

The demand function for x is D(p)=65-2p and the supply function is S(p)= 20+p. The price that should be set to restrict the quantity supplied to 30 units is closest to:
a) $5
b) $10
c) $15
d) $50
e) $55

I'm thought this was a trick, otherwise I would have just plugged in for p in the supply equation. Any ideas?

2007-08-08 08:34:20 · 4 answers · asked by Antonio B 2

Can someone explain to me in laman terms how can they do this. It was reported that they would flood the US dollars or Treasury bond into the world or something like that. This is why I'm not into stocks or don't understand it.

2007-08-08 07:55:39 · 5 answers · asked by Anonymous

Pet food, toothpaste, seafood, peanut butter, canned foods, toys....everytime I look at the news there's another product from China that is being pulled off the shelf because it poses a danger to people or animals. Why are we still buying these or ANY products from China? Why not boycott these products? Ultimately this mess could end up being very good for the United States. It consumers will only buy domestic products, more domestic products will be produced, creating jobs and strengthening the economy. Can it be done?

2007-08-08 05:06:50 · 11 answers · asked by HLBellevino 5

Other than to make things cost a hell of a lot more.

2007-08-08 04:18:39 · 2 answers · asked by Erwin F 1

Won't the economy work out whatever wage a person is worth?

2007-08-08 03:27:24 · 11 answers · asked by Anonymous

Hi, i am an international student from south america. im in high school taking IB Economics HL... is it possible to calculate if the production and consumption of something is socially efficient???... if it is: what is it that i need???

THANKS!!!

Ps: if you have further ideas for an essay to turn in next week (it should be about a topic given in IB ECON HL and shoud imply an investigation).. please list them!! THANKS

2007-08-07 16:01:26 · 4 answers · asked by Q&A 3

Okay I was thinking in terms of percents oh like this what percent of those top 1% of the wealthiest people does it come from in terms of percent like 30% INVESTORS 30% ENTREPRENEURS and 40% INHERITANCE (THAT WAS AN EXAMPLE) SO WHAT DO YOU THINK? Also the quote below may be true it comes from the movie WAL-STREET GORDON GHEKKO says that is seems try and how some investors like him are very rich but they are not ENTREPRENEURS they don't provide they OWN OPINIONS?

The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own

2007-08-07 15:54:33 · 4 answers · asked by Programmer 3

At times we all regret decisions. Does this necessarily mean we did not use the economic decision rule when making decision?

2007-08-07 08:43:38 · 5 answers · asked by shusha 1

I want to know what happens to exchange rates, interest rates, and price index when the U.S money supply falls

2007-08-07 08:40:27 · 1 answers · asked by useru6303 1

2007-08-07 08:39:50 · 2 answers · asked by tjjbesco 1

It seems that producing anything in the United States becomes more expensive every year and beyond the normal rates of simple inflation. I think the U.S. is the greatest country in the world and believe that our citizens are more fairly and equally treated than most peoples of other government. But with all the litigation meant to improve things there is far too much done purely for greed and you end up with all these expensive unneccesary rules imposed on employers driving up the cost of production. Then when you factor is all the money that must be paid for healthcare, workers comp, social services, etc how can we possibly compete with these countries that don't saddle their producers with these financial burdens? Is the ever increasing costs of production in this country mean our eventual economic doom?

2007-08-07 06:41:45 · 3 answers · asked by NT 2

I need a good explaination.

2007-08-07 06:35:26 · 2 answers · asked by shusha 1

Please help this queation is boggling my brain

2007-08-06 22:21:11 · 2 answers · asked by Anonymous

2007-08-06 22:18:39 · 3 answers · asked by kHryzEttE... 2

my professor told me this story, but i forgot who it was and how it was caused. it may have been an inputting error, like putting the decimal in the wrong place or an extra zero to the $ figure.

OR does anyone know of any other good stories where economists have made mistakes causing a loss?

2007-08-06 20:44:33 · 3 answers · asked by pop_rocker 3

2007-08-06 20:24:53 · 2 answers · asked by Kasual Kyle 1

I think i know what it is but not sure!

2007-08-06 20:05:35 · 6 answers · asked by Guyana_Punkie 2

There are no doubts that life in India is very different from that in some other developed country. It is also without doubt that Indian economy is increasing and doing better than it ever has. Countries, the world over, recognise india as an emerging trend-setter and provider for services, especially human resources. A large percentage of population in its youth talk about vibrance and potential for growth. And yet, we're not there yet.. So what are the things we encounter everyday in our lives that we hope to be better someday? What are some things that he hope wouldnt be there in India someday? And what are some things we hope would be there in India someday? What would add to our pride as an Indian?

2007-08-06 16:19:39 · 12 answers · asked by Renee 1

-European Union
-World Bank
-United Nations Development Program
-International Monetary Fund

2007-08-06 15:28:13 · 2 answers · asked by Anonymous

2007-08-06 12:46:03 · 19 answers · asked by rubberducky 1

so that there is no more poverty or hunger?

2007-08-06 12:25:57 · 4 answers · asked by Anonymous

2007-08-06 12:02:25 · 8 answers · asked by gruz 3

2007-08-06 05:49:26 · 4 answers · asked by Wave 4