Q: es of the AFC and AVC curves 1OTE: you do not r ariable cost information.) For quantities of 50, 100…
A: Total cost (TC) in the easiest terms is all the costs ourred in manufacturing something or engaging…
Q: Economics 4. The graph below shows the efficient contracts and the contract curve. a. Explain the…
A: In an edgeworth box, the contract curve refers to the sum of all the pareto efficient points.It is…
Q: Use the production possibilities table below to answer the following question. Assume constant…
A: A country or an individual is said to have an absolute advantage if it can produce more of a good…
Q: According to Jason Hickel how do rich countries de-develop?
A: They can de-develop, according to Hickel, by limiting economic growth and abuse, which leads to…
Q: 3 Assume that Peter's short run Total Cost Curve is TC = 20,000q– 200q² +q° . %3D At an output…
A: ATC alludes to total expense separated by the total quantity of result produced.
Q: Give an example of a concept learned in this course that you think may be associated with strong…
A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…
Q: Research about unitary vs federal type of governm
A: In a country there is an authority that works for the betterment of the people and the economy. This…
Q: Two mutually exculsive alternative are being considered for the environmental protection equipment…
A: It is given that : AW (A): Investment - $ 20,000 Annual expense - $5,500 Life – 5 yrs Salvage value…
Q: List and explain how income inequality arises?
A: Income inequality The uneven distribution of income across a population is known as income…
Q: Find an example where an International Risk is realized. Describe what happened, how the issue was…
A: Market risk basically refers to the possibility of losing money as a result of events affecting a…
Q: Use the chart to answer the following question. Characteristics of Market Structures Barriers Number…
A: Market structure basically refers to a term used in economics to explain how businesses are…
Q: QUESTION 1 How long is "the short" run in economics? A a period in which all inputs are fixed & a…
A: We will answer the first question since the exact one was not specified. Please submit a new…
Q: Given that: £1/$1.6365 1.6385 0.005 - 0.0047 Spet raie 3 month forward Compute the cost of cover to…
A: * SOLUTION :- (d) Given that , Spot rate :- 1.6365 to 1.6385 Month forward :- 0.005 to…
Q: 24.Use the graph to answer the question Where on the graph would firms be experiencing diseconomies…
A: Ans. Diseconomies of scale are a situation of cost disadvantage when a firm changes its size of…
Q: What is capital and labour intensive production technique
A: Production technique refers to the process through which the goods and services are produced by the…
Q: Use the graph to answer the following question. Computers 99 65 Textbooks What is the opportunity…
A: From the given production possibility frontier graph At point A: 39 textbook and 7 computers are…
Q: Nu Things, Inc., is considering investing in a business venture with the following anticipated cash…
A: given that, the initial cost is -$70000 revenue in 1st year is $20,000 which is decreasing by $1000…
Q: Can you answer me as soon as possible , urgentttttt!!!!!!!!!!! This is the case nothing more You…
A: A Business Development Manager holds the specialty in charge of the department's growth. They work…
Q: Let’s say that the supply of high quality agave syrup goes up by around 10%, while, thanks to an…
A: Elasticity of Supply: The price elasticity of supply is a measurement of how responsive the quantity…
Q: On Juan's twenty-sixth birthday, he invested $7,500 in a retirement account. Each year thereafter,…
A:
Q: (A) Explain the “Quantity Theory of Inflation" and show how you can use this theory to predict the…
A: Note: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…
Q: Two mutually exclusive alternatives are being considered for the environmental protection equipment…
A: Annual worth or AW is referred to as the easy way of understanding the annual amount, for instance,…
Q: QUESTION 9 A seasonal index is calculated by dividing the _________. current season by the…
A: Note: We will answer one question as the exact one was not specified. Please resubmit a new question…
Q: If the opportunity cost of working outside the home decreases then it is likely that assuming all…
A: 2) The opportunity cost is the cost of giving up the next best alternative for the current…
Q: Find Karl Pearson's coefficient of correlation between capital employed and profit obtained from the…
A: coefficient of correlation show the relation between relative movement of two variables , we…
Q: 8. Jane has 3 liters of soft drinks and 9 sandwiches. Bob, on the other hand, has 8 liters of soft…
A: Given:MRSBOB≠MRSJANE
Q: 5. The allocatively efficient quantity of product Z for the whole market is 2 million units. At that…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: Which of the following conclusions may be drawn from the PPC above? A- Consumers value Good B twice…
A: Production possibility curve (PPC) depicts the combination of two goods that an economy can produce…
Q: 12. A dairy farmer is operating in a perfectly competitive market. The market price for milk is…
A: "A firm in a perfectly competitive market will produce at a point where the market price equates the…
Q: 9.If a firm is maximizing its profit and is earning positive economic profit, which of the following…
A: A profit maximizing firm produces at MR = MC. So, profit maximizing condition of firm is MR = MC.…
Q: In the following mergers with a merger type and, for each, explain why Types: Horizontal, vertical,…
A: A merger is the merging of two businesses into one, either by closing the old businesses and…
Q: What is the effective cost of a combination of an 80% mortgage at 3% and a second mortgage (for 10%…
A: The interest rate is the quantity a lender costs a borrower and is a percent of the principal—the…
Q: Question#4 [CLO-2] alternative at MARR 16%. Interpret the results and give explanation for each…
A: Alternative A Alternative B Alternative C Alternative D Initial Cost 6000 7000 9000 17000 AOC…
Q: Peter's Pipers producers plumbing pipe. The long-run total cost of Peter's pipes is LTC = 20,000q-…
A: LMC is the marginal cost which is the change in total cost by producing an additional unit of output…
Q: Alamo Car Rentals In the early 1990s, Alamo was the most profitable (as a percentage of sales) and…
A: Pricing is defined as the money that the sellers can charge for the good or service that it provides…
Q: 14. Company A and Company B are each telecommunications manufacturers. Both companies manufacture…
A: As per the guidelines answer is given to the first question i.e. Q14. Answer 14) "A nash equilibrium…
Q: When Star Wars Episode III: Revenge of the Sith opened at 12:01 a.m., Thursday, May 19, 2005, the…
A: Externality refers to the cost or benefit incurred by a third party which is not involved in the…
Q: 25. In a market, the inverse supply function is given by p°(q) = aq +b for some positive constants a…
A: We have linear supply curve for the respective firm. And producer surplus is the area above the…
Q: Let the consumer's utility function be f(q1,92,q3) = 919293, and her budget constraint y = P191 +…
A: given that, consumer utility function f(q1, q2, q3)= q1 q2 q3 budget constraint y= p1q1+p2q2+p3q3
Q: Question 4 Given the isocosts and isoquants of various quantities of labor and capital in the ficure…
A: Isoquant shows different combinations of two inputs for a given level of output to be produced,…
Q: Miguel and Jake run a paper company. Each week they need to produce 1,000 reams of paper to ship to…
A: Marginal rate of technical substitution is the ratio of marginal product of labor and marginal…
Q: 1. It refers to a basic economic question that asks what needs and wants to be produced?. A. How…
A: Since you have asked multiple question, we will solve the first question for you. If you want any…
Q: Production Total cost 80 1 100 2 115 3 140 4 170 210 Assume that these are the costs of production
A: In perfectly competitive market, firms produce identical goods. Firms do not have any control over…
Q: A Machine costs ₱80,000 and an estimated life of 10 years with a salvage value of ₱5,000. What is…
A: A Machine costs ₱80,000 estimated life of 10 years salvage value of ₱5,000 i=9%
Q: Describe how the government in Canada is structured.
A: The legal and social framework, the maintenance of competition, the provision of public goods and…
Q: What are the characteristics of a perfectively competitive market?
A: There are different market structures with different characteristics.
Q: Describe how the phasing out of subsidies to the oil industry can affect Peak Oil.
A: Oil industry is considered as the most important industry to make international trad and energy…
Q: In 1998, the National Highway Traffic Safety Administration distributed the film elmet Laws, We All…
A: A cost borne by a third party as a result of an economic transaction is known as a negative…
Q: Peter's Pipers producers plumbing pipe. The long-run total cost of Peter's pipes is LTC =…
A: There occurs economies of scale when average cost decreases with increase in production,…
The following diagram from the textbook for a
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Please assist with question b and c please. Please show working(a) Calculate the value of marginal profit when marginal revenue is $400 and marginal cost is $700 (b) Is the firm getting benefits?Write a profit function and graph it to advise the grower on the most profitable amount of fertilizer to use.
- When food cost increase suddenly what action will the food service manager have to take to ensure that the business makes a profit.a) no change in selling price increase production and increase sales. b)no change in selling price increase production and increase sales .c) decrease selling price decrease production and increase sales.d) no change in selling price decrease production and increase salesDetail solution two queHow do we measure the Profit Margin on Sales?
- Price (dollars per cup) $6.00 MC ATC 3.50 A 2.50 B Demand 0 1 2 3 4 5 6 7 8 9 10 Quantity MR (cups per week) According to the graph, if the firm is maximizing profits what is the dollar value of the profit?dont copy from cheggKnowledge Thinking Communication Application /2 /4 /4 /4 3. A used car dealership rents 210 cars for $9 a day. They want to increase the price to maximize their profits. They notice that if they increase the price by $1.25 that they have 10 fewer rentals. a. Create an equation for profit for the car dealership rental sales. b. Determine the price of the rental that maximizes profit.
- Find price (P), total revenue, total cost and profitd Profit(x) dx 9) Find the marginal profit function. 10) How many units should they sell in order to maximize their profits? 11) What price should they charge in order to maximize their profits?How do you think the supply chain expanded into an online business can improve the performance of the company?