Answer These Question.

By
Responsive Centered Red Button

Need Help with this Question or something similar to this? We got you! Just fill out the order form (follow the link below), and your paper will be assigned to an expert to help you ASAP.

Order Form

I need an explanation for this Economics question to help me study.

Total Points: 50

Q1. 13 points

(a). “Carl Menger argued that a medium of exchange could evolve spontaneously, i.e., through the voluntary actions of individuals, in a barter economy.” Explain. (5)

(b). Consider the valuations of potential buyers and sellers listed in the table below. Assume that the good being traded is a consumer good. Assume, moreover, that these individuals populate a world where only consumer goods are traded. Given these assumptions, answer the questions that follow:

Potential Buyer

MBP

Potential Seller

MSP

A1

$30

B1

$10

A2

28

B2

11

A3

26

B3

15

A4

24

B4

17

A5

22

B5

20

A6

21

B6

21.50

A7

20

B7

25

A8

18

B8

26

A9

17

A10

15

i. Explain how these individuals evaluate the marginal utility and therefore the subjective value of units of money in their possession. How does money’s role as a medium of exchange influence this process of evaluation? (2+2)

ii. “The marginal utility of money depends on the prices of goods and the prices of goods depend on the marginal utility of money. Hence, any attempt to integrate money into the theory of marginal utility and subjective value is futile since it must involve arguing in a circle.” Explain how Mises refutes this objection to integrating money into the theory of marginal utility and shows that this does not entail arguing in a circle. (4)

Q2. 13 points

Consider Robinson Crusoe, shipwrecked and isolated on an island. Assume that he possesses no capital goods and that none of the nature-given material producer goods that he utilizes are scarce. Thus, labor is the only scarce producer good that he seeks to allocate. Given these assumptions, answer the following questions:

(a). Robinson possesses some technical knowledge, i.e., he has some knowledge of different production processes towards which he can devote his labor time. Each of these processes will ultimately yield him a consumer good. Assume now that this set of techniques that he knows is characterized by a trade-off between time and physical productivity. Provide an explanation of what such a “time-physical productivity trade-off” entails. (4)

(b). Assume now that Robinson knows two ways to catch fish. One process involves wading into the ocean and catching fish with his bare hands. This process will yield him one fish per hour worked in the nearer future, or present. A second process involves first building a raft and a net and then using these capital goods to fish. This process will yield him ten fish per hour worked in the more distant future. Assume that Robinson is contemplating how to allocate an hour of his time between the two processes. Assume, moreover, that the marginal utility of the ten fish in the future exceeds that of the one fish in the present. Given this, is it self-evident that Robinson will undertake the longer process? If not, what could make him opt to devote an hour to the shorter process? Provide a detailed explanation. (4)

(c). Consider now two Crusoes, one with a low rate of time preference and another with a high rate of time preference. Assume that each has lived, isolated, on an island for a considerable length of time. What, if any, would be the significant differences in how each of them allocates his labor time over the course of a day? Connect these differences to their respective standards of living and their respective bundles of capital goods. (5)

Q3 (a). 14 points

“Savings are needed to not just increase the stock of capital goods in an economy but are also essential for maintaining and replacing the capital goods that exist.” Do you agree with this statement? Please include an explanation with your answer. (4)

(b). Making use of the Hayekian Triangle, analyze all the effects of a decline in the rate of time preference of consumer-savers in an economy. (Feel free to make use of other graphs as well while answering this question). (5)

(c). Use the Hayekian Triangle to provide an explanation of the Austrian Theory of the Business Cycle. (Feel free to make use of other graphs as well while answering this question). (5)

Q4. 10 points

(a). “A mixed economy is an economic system that combines the best aspects of socialism and capitalism.” Critically analyze this statement. (4)

(b). A gallon of milk in Ruritania currently sells for $5. Concerned with the fact that many poor households are unable to afford adequate amounts of milk, the President of Ruritania has decided to limit the price of a gallon of milk to $3. What will be the consequences of such a policy in the Ruritanian economy? Based on your analysis of these consequences, do you believe that the price control will achieve its stated objectives? (6)letter to congress: nursing coursework help
I’m studying and need help with a Political Science question to help me learn.

For this exercise you are going to write a letter to one of your congress members. The content / focus of the letter can be about anything we have or will learned and or discussed in the course.

To find your representatives:https://whoismyrepresentative.com/state/view/CA

book: Glen Krutz and Sylvie Wakiewicz. American Government. (Free online in OpenStax). Unit 11Divide the rational expressions and simplify. fraction numerator x minus 4 over denominator 2 x minus 1 end fraction divided by fraction numerator x squared minus 16 over denominator 2 x minus 1 end fraction
I’m trying to study for my Algebra course and I need some help to understand this question.

Divide the rational expressions and simplify.

A.

B. x – 4

C.

D.3 page research paper with three parts
I’m working on a English question and need guidance to help me study.

Write a 3-page research paper with three parts.

Section 1 – Write about a film that was really important to you in your life. Why was it important? What was going on in you life that made it more relevant? What was it about that film in particular that moved you?

Section 2 – Watch the film again. notice and write about the Cinematography, Editing, Directing, Acting and Mise-en-Scene. Look for academic resources to back up your observations. Has the film aged well? Does it still hold up? Since the film hasn’t changed, have you?

Section 3 – Research how the film was made, the filmmakers (director, producer, editors and other players if relevant). Was it independent, studio made? Was it well received by critics? Use quoted resources here.

Create a compelling piece of writing arguing for your thesis Use academic resources Use comparison and analysis Use 6 sources, 3 must be academic sources (Links to an external site.)Links to an external site. (Links to an external site.)Links to an external site.Get specific and detailed Use MLA formatting and include a works cited page Your sources should reference the filmmaker’s techniques/collaborators, not general film terminology. Watch director’s commentaries for more information. Some reviews are fine, but half your citations should be quoting the filmmaker or collaborators. No more than 2 movie reviews. Read the Rubric
DON’T
Plagiarize Create a summary of an entire movie Use “I” (Unless you choose Option 2) Write a review Rely solely on the internet Be too general DO NOT CITE the DVD or video as a source! Don’t just say “mise-en-scene is used in the film”, focus on a specific elements: costume, lighting, props, etc. and how they’re used.Field Trip Assignment: my nursing assignment help
I’m trying to study for my Philosophy course and I need some help to understand this question.

A field trip is made by students to study something at first hand. For this class you may choose:
your own field trip to explore a service in a particular tradition other that your own, to experience an a museum exhibit that reflects the art of a tradition lecture that debates an issue in the philosophy of religion an experience of one of the traditions, e.g., yoga, nature journey, chanting, meditation, Shabbat service, Catholic Mass join with others in the class (or from your life) to experience something together
Some possibilities in the L.A. area include:
The Bhagavad Gita Museum (Hinduism) The Museum of Tolerance (Judaism) Norton Simon Museum (they often have Buddhist and Hindu art exhibits) (Pasadena) Hsi Lai Buddhist Temple, Hacienda Heights Link to Temple (Links to an external site.)Links to an external site. Self-Realization Fellowship Lake Shrine (Hinduism) (Los Angeles and Encinitas) Agape International Spiritual Center (New Thought) (Culver City) Quaker Service in Los Angeles (Links to an external site.)Links to an external site. Siddha Yoga Meditation Center (Santa Monica) (Links to an external site.)Links to an external site. Tadasana Festival on the Beach (Santa Monica) April 20-22 The Goddess Temple of Orange County (Irvine) (Links to an external site.)Links to an external site. Against the Stream Buddhist Meditation Society (Links to an external site.)Links to an external site. (Santa Monica) Skirball Museum: Women Hold Up Half the Sky American Indian Cultural Center (Links to an external site.)Links to an external site. – Haramokngna
After your visit, go to the discussion thread and post 500-750 words about your experience of your field trip including the following:
Point 1: Description of your field trip visit and why you choose it Point 2: How the field trip related to the content of philosophy of religion Point 3: The impact of your visit on you personally or how it relates to a contemporary issue

How to create Testimonial Carousel using Bootstrap5

Clients' Reviews about Our Services