## CHECK THESE SAMPLES OF Economics graphs

...?I would like to present the **graph** for the monthly cost of electri in a house. The amounts paid in electri bills for the last 10 months are plotted in the **graph** which has been prepared using MS Excel **graph** function. The **graph** for the variation of cost of electricity per month is shown below: **Graph** 1. Monthly Electricity Bill amount paid in the House for the last 10 months (in $) The **graph** shows the monthly cost of using electricity in the house from August 2010 to May 2011. The lowest bill amount paid was $28 in September 2010 and the highest amount paid was $49 in December 2010. The total amount paid in electricity bills for the last 10 months was $384, meaning that The average amount of electricity bill per month was $384/10 = $38.4...

2 Pages(500 words)Essay

...Comparing Linear Equation and Inequality **Graph** The **graph** given below is for linear equation. The **graph** given below is for linear inequality -->. What are the major differences between the linear equation **graph** and the linear equality **graph**?
A linear equation **graph** only represents the points on the line. Solution of the linear equation is the point on the line of linear equation **graph** as shown in linear equation **graph**. However, a linear inequality **graph** describes an area of the coordinate plane that has a boundary line and every point in that region (area) is a solution of the linear inequality as shown by shaded area in linear inequality **graph** (Linear Inequalities). All the points that lie on this shaded portion satisfy the linear...

2 Pages(500 words)Essay

...The Depicting **Graphs**
QUESTION 1
i.
The **graph** depicts that the quantity supply of t-shirts is less than the quantity demanded by the market. At this price i.e. £6, the suppliers are willing to less t-shirts i.e. 40 whereas the consumers are willing to buy more t-shirts i.e. 105 at the same price. Therefore, this has resulted in the shortage of the 65 t-shirts in the market.
ii.
If the market is left to operate freely for a long time, the competition amongst the buyers of these t-shirts will force the price of these t-shirts to rise. It will continue to rise until the quantity supplied matched the quantity demanded and a sustainable price is achieved.
Figure 1: Price is driven up to Equilibrium
iii.
The decrease in the cost...

3 Pages(750 words)Assignment

...In a New York Times’ newspaper d August 27 2009, an article compares the relationship between SAT scores and family earnings. The article by Rampell, whose heading reads ‘SAT scores and family income’, shows the effect that family income has on the SAT scores of individuals. The article shows how low family income usually translates into low SAT scores by use of **graphs**. Individuals whose family had a higher income were more likely to perform better than their counterparts were.
Both bar and line **graphs** are used in this article, and they **graphs** show the correlation that exists between SAT scores and the income a family earns. This increase is experienced in all test scores that include math, critical reading and writing. The line **graph**...

1 Pages(250 words)Essay

...**Graphs** in Daily Life
Mathematics is evident from every activity of our daily routine. Considering **graphs** and real-life situations would be an easiest way to understand the connection between mathematics and real life. This paper discusses different types of **graphs** that can be used in real life situations.
There are various kinds of **graphs** that are used by the mathematicians to elaborate most complicated and inquisitive situations such as space shuttles and the distance covered by them. Some of the easiest kinds of **graphs** that are used in daily life situation are as follows are parabola, line **graph**, bar **graphs** and histogram.
I. Parabolas:
(Mathwarehouse, 2011)
The vertex or point of intersection in the above mentioned is (2, -9...

1 Pages(250 words)Essay

Two companies start up at the same time. Company A claims their annual profits follow a linear model, P(x) = 10x - 7 where x is the number of units sold and x ≥ 1 . Company B claims that their annual profits follow a radical model, P(x) = 15√(x – 1) + 3, where x is the number of units sold and x ≥ 1. It is your job to investigate the validity of each claim.

1. Choose five values for x to plug into the linear function, P(x) = 10x - 7 and create a table of values.

Using x = 1, 2, 3, 4, & 5 and plugging into P(x) = 10x - 7:

x

1

2

3

4

5

P(x)

3

13

23

33

43

2. Use the same five x values to plug into the radical function, P(x) = 15√(x – 1) + 3 and create a table of values....

1 Pages(250 words)Speech or Presentation

... Thee Normal distribution: By saying that she would grade the on a bell shaped curve, the meant that she expected the students’ score to follow the normal distribution. Normally distributed data has one peak that is the highest point when a histogram of the data is plotted. The peak places the mean, median and mode of the data close to each other near this peak. On either side of the peak is a tail, and the values are fewer. For normally distributed data, the tails are almost uniform in length.
By joining the same high school class study group, the indication is that there will be no introduction of new study ideas, and if we as former high school classmates happen to rank poorly in relation to our colleagues, we could at best... Thee Normal...

1 Pages(250 words)Essay

...Vector Addition: **Graphs** and Components Vector Addition: **Graphs** and Components The experiment’s objective was to determine the vector addition by both graphical and algebraically. A force table was used to perform the investigation by graphically marking the vectors and later confirming the results, algebraically, that the resultant force acting on a stationary object is zero.
Introduction
Vector quantities can be defined as physical quantities that have both direction and magnitude such as acceleration, force, velocity etc. (Park, 2002). Vectors are mathematical representation of vector quantities. Vectors can be manipulated either mathematically or by geometrically by the method of tail-to-head method. Understanding vectors and how...

1 Pages(250 words)Lab Report

... Questions on **Graphs** Q1. b) The illustration above in zero **economic** profits means that the firm cannot produce anything beyond the opportunity cost of productions though the revenues do cover the cost of inputs. This market will remain at the long-run equilibrium since the firm will neither enter nor exit in the industry. Also, free entry and exits ensure that the equilibrium output is such that the surviving company ensures normal profits, in this case zero **economic** profits (Caimcross 66).
Q2. b) Minimized losses in the short-run are achieved by operating at a loss, in this case the firm continues operating even if it incurs a loss. Such is the best solution rather than closing down the company. The number of firms remains steady...

2 Pages(500 words)Lab Report

Pie charts and graphs The pie charts below show the profitability percentages for each of the four companies between and These charts show the yearly difference in the performance of these companies based on profitability.

In the bar chart below, the net profits for the four companies between 2009 and 2014 are compared. From the charts, it is clear that on average, Loius Vuitton recorded the highest net profits while Burberry recorded the least. The value for net profit for Ralph Lauren for 2009 is not given.

The chart below shows the net sales for the four companies between 2009 and 2014. On average, Loius Vuitton had the highest net sales over the years while Burberry recorded the lowest net sales.

The data for ne...

1 Pages(250 words)Essay

As of the staff of the Indonesian mine, a thorough evaluation of the existing resources should be conducted regarding all levels of the working area (from the management team to the worker).

b. The acquisition should create a competitive advantage for TCC mainly for the following reasons: 1. This mine should be the first offshore production base for TCC, a fact that could help towards the reduction of the company’s dependence on domestic mines, 2. The transport of the material from the specific mine is easier due to the absence of issues like the rail or port bottleneck, 3. Currently, the mine has a positive performance with a tendency for more growth (an export authorization for 20% more tonnage was granted this year)...

12 Pages(3000 words)Assignment

According to Adam Smith, the absolute advantage would be realised as long as the cost of production differed from between countries, one or both countries would gain by trading. An example to illustrate this is a situation where we have two countries A and B which produce two similar goods X and Y. The figures show labour cost in hours for producing one unit of a good

David Ricardo formulated the theory of comparative advantage and argued that even if one country is more productive in both lines of production it would be still profitable to trade. Country A is more productive in both lines of production but it will still be profitable to trade with country B, this is shown by first stating that country A is more advanta...

6 Pages(1500 words)Assignment

The entry of small firms into the global markets has proven to be the main aspect of the creation of economies of scale. Markets are fast evolving to the needs of varied tastes and customer preferences, so necessary knowledge and technology asset has a major role to play for small firms to rise and to match up to the situation. However, small firms are characterized by “smallness of the market share (a large number of similar-sized firms) and hence lack of individual market power, corresponding to the theoretical concept of Pure Competition.” (Waite 1973. P. 154).

They need to overcome the handicap of smallness by strategic alliances and mergers with larger or technically more competent entities. Small firms...

10 Pages(2500 words)Assignment

A major issue then, becomes the convincing obligation by the polity not to abuse its force. Because institutions are planned by people with different bargaining powers and not for sake of effectiveness, some models may be less competent than others and due to path dependency, may continue for a long time, resulting in sluggish economy. The shortage of realistic commitment by the state not to suitable property human rights accounts for the incompetent institutions that have developed in different countries. To humor, such situation provides disincentives to investment in socially profitable enterprises, and generates groups with vested interests in preserving the status quo constraints.

Institutions present the fundament...

6 Pages(1500 words)Term Paper

Several CEOs in America have in coalition with top managers deviated from the norms of corporate governance and caused immeasurable woes to the stakeholders. Using their power and ego they chased the wealth for personal gains without any concern for the shareholders or other stakeholders of the company. Enron, the world’s largest energy trader at one time, had to file bankruptcy under Chapter 11 when about 5000 workers lost their job (Bhattacharya, 2004). Arthur Anderson, one of the big five auditing firms was charged to have colluded with the management to misappropriate funds and project a picture different from the reality. Income was inflated and then all concerned papers were destroyed. The leadership at Enron was conce...

6 Pages(1500 words)Assignment

...Real e **economics**: Introduction: The real e industry is engaged in leasing, renting, selling of real e and buying real e on behalfof others. The real estate industry comprises of the owners of the estates, the users who are the consumers, the developers who build, the renovators who refurbish buildings and the facilitators who enable sale of real estate, the facilitators comprises the financers example banks, the brokers and lawyers. According to July statistics this year the industry employs over 2125 thousand and the hourly wage rate is estimated to $16.37.
This paper discusses the real estate industry on the basis of demand, supply, elasticity of demand and supply, wage rates and wage inequality, how monetary and fiscal policies affect...

7 Pages(1750 words)Assignment

Once the above said subject matter is clearly sorted out, the next emphasis would be on the concepts like the opportunity costing, incremental principle, marginal principle, discounting principle, the principle of time perspective, and calculation of economic profit as the guidelines to the scope of managerial economics. (Surender. V, 2008).

To start with, we consider a firm for which different processes have to be carried to achieve its objectives of profit maximization (assuming that all the organizations work with the view to maximize profits). If firms from different sectors are identified simultaneously, then the working of the economy as a whole could also be analyzed which in turn is useful in the decision-making proce...

15 Pages(3750 words)Assignment

...**Economics** in business Introduction: The purpose of this paper is to analyze the business objectives as best applicable to the Southampton Solent University. Herein, it is essential for the author to analyze the competitive landscape that the university finds itself and try and identify the forces which are governing the business decisions of the university. Further, the author aims to complete understand the simplex of competitive market forces and subsequently make recommendations for better future functionality of the university.
PESTLE Analysis
The author feels that it is applicable to use a PESTLE analysis due to the fact that the Political, **Economic**, Social, Technological, Legal and Environmental aspects of this model...

6 Pages(1500 words)Assignment

By government regulation, it is meant by the rules administered by a government or government agency to influence any economic activity which determines the price, types, and standards of products, and most importantly the conditions under which the entry and exit of the firms are possible.

Like death, it is impossible to keep away from regulation in about every aspect of daily life. The business regulation may be classified into two- economic and social (Litan). The economic regulation deals with price controls and the entry limits of the firms into markets. The second type regulation mostly deals with externalities (the outside influences of the company or firm which may or may not be decided by them)

Examp...

6 Pages(1500 words)Assignment

...Running Head: **ECONOMICS** PERSPECTIVES AND POLICIES **Economics** Perspectives and Policy of the of the **Economics** Perspectives and Policy
Macroeconomics and Microeconomics
The field of **Economics** has two branches that are microeconomics and macroeconomics. The learning of the whole economy in the world is called Macroeconomics, including inflation rate, business cycles, business growth and the rate of unemployment. On the other hand, Microeconomics is the study of individuals and how their choices influence the flow of the economy. (Giannetti, 2003, 190) Microeconomics and Macroeconomics are linked with each other. For example, the price of gas in California is about 10% higher than the national average. California is one of the largest states...

6 Pages(1500 words)Coursework