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BM1101 Business Economics (PRD2 A 2024/25)
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Table 18-10
Quantity of | Number of Baseballs |
Labor | Per Day |
0 | 0 |
1 | 100 |
2 | 240 |
3 | 360 |
4 | 440 |
5 | 500 |
Figure 18-1On the graph, L represents the quantity of labor and Q represents the quantity of output per week.
Table 23-10A hypothetical country of Lahland produces only movies and popcorn. Quantities and prices of these goods for the last several years are shown below. The base year is 2015 .
Prices and Quantities
Year | Price ofMovies | Quantity of Movies | Price of Popcorn | Quantity ofPopcorn |
2014 | $10.00 | 500 | $5 | 1000 |
2015 | $11.00 | 600 | $4 | 900 |
2016 | $12.00 | 650 | $5 | 950 |
2017 | $12.00 | 625 | $6 | 925 |
Table 23-10A hypothetical country of Lahland produces only movies and popcorn. Quantities and prices of these goods for the last several years are shown below. The base year is 2015 .
Prices and Quantities
Year | Price ofMovies | Quantity of Movies | Price of Popcorn | Quantity ofPopcorn |
2014 | $10.00 | 500 | $5 | 1000 |
2015 | $11.00 | 600 | $4 | 900 |
2016 | $12.00 | 650 | $5 | 950 |
2017 | $12.00 | 625 | $6 | 925 |