1. If the average cost of a plant to produce a "q" unit is explained by the functions below this: C = 0.0003q2 - 0.001q + 4 + 20.000/q a. What is the marginal cost function of product q? b. What is the marginal cost when producing 10 units? c. What is the marginal cost when producing 50 units?

Q: ABC

A: The Consumer Price Index (CPI) is a measure of an economy's overall price level. The CPI is made up ...

Q: A recent government study reported that a college degree is worth an extra P150,000 per year income ...

A: The degree will fetch yearly extra income of 150,000 for 40 years . And it will fetch every year for...

Q: A good economic model O a) is simple, flexible, and useful for making accurate predictions. O b) nev...

A: A good economic model is a model which is easy to understand, involves less complexity in formation ...

Q: Should determining whether a bank has adequate capital be done internally or externally?

A: Capital adequacy for banks is important because it ensures that banks have enough capital to absorb ...

Q: Question 3 In an OLG model with money: Each gen picks 12 banans when young, 0 bananas when old. Cent...

A: The overlapping generations model (OLG) is based on three factors: 1. Human behavior's way of life 2...

Q: A. Describe how a set of data can be represented in graphical form as frequency polygon. B. Table 3 ...

A: Since you have posted a question with multiple subparts we will solve first three subparts for you. ...

Q: VARIABLE COSTS OF PRODUCTION UNDER THEORY OF COMPARATIVE COSTS, COMMENT ON THE GRAHAM'S VIEW?

A: Answer: Graham refutes the generally held belief that specialisation will increase trade countries' ...

Q: There is no difference between the marginal rate of substitution and the ma Do you agree with this s...

A: The MRSxy implies the number of units of Y which are given up to get one additional unit of x. On ot...

Q: In a perfectly competitive market you can expect the following changes to occur in long run if firms...

A: The structure of a market where there are a large number of sellers selling homogenous products and ...

Q: 2) In the same economy, the nominal wages are determined by the price level (), unemployment rate ()...

A: The  equation W/P = f (u, z) is a wage-setting equation. When the WS relation equals the price-setti...

Q: A good government policy on science and technology results to (can be multiple answers) a. more spe...

A: Government has an assortment of strategy instruments for expanding  new technology and empowering it...

Q: Explain the causes and consequences of global poverty

A:   Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and scarcit...

Q: What is the time when the price discrimination is profitable?

A: Answer: It's possible that a monopolist will be able to discriminate. Let's see if bias pays off in ...

Q: What is the importance of learning Economics to our present Political and Economical Conditions righ...

A: The importance of learning Economics to our present Political and Economical Conditions right now ca...

Q: On his recent birthday on April 18, 2012, Cai was given by his mother a certain amount of money as b...

A: We have given that the rate of interest is 12% (exact simple interest) Date of maturity of the inves...

Q: Plant Design is a major requirement for you to be able to graduate BS ChE in Batangas State Universi...

A: Introduction Initial cost or investment of the project = Labor cost + preventive maintenance cost + ...

Q: The economy of Northhurst is currently experiencing GDP growth of over 7% with inflation rates of 4%...

A: Disclaimer: Since you have posted a multi-part question, I am providing you with the answer to the f...

Q: Consider a small island country whose only industry is fishing. The following table shows informatio...

A: The workforce is the amount of utilized and jobless people. The workforce interest rate is the workf...

Q: The following quote alludes to which source of low costs? “Most of those costs are fixed, pretty muc...

A: Cost Minimization refers to the condition where a firm or producer tries to minimize the cost incurr...

Q: Consider the following setup for a perfectly competitive market: Suppose that for the firm, TC=625+Q...

A: Under perfect competition, a firm's decision to enter or leave the market depends upon profit is dri...

Q: Problem 1 ( Consider a Cournot duopoly with inverse demand funcion 22 - (q +92) if q1 + 92 22. P(q1...

A:

Q: e graph below illustrates a series of short-run average cost curves, numbered AC1 through AC5, which...

A: Economies of scale occurs when long run average cost falls as more output is produced. Long run aver...

Q: 1. If demand is equally elastic, and price increases from 5 to 7, what is the total change? If price...

A: The measure that depicts the change in quantity being demanded of a good with respect to change in p...

Q: Refer to the following graph to answer the next six questions. Interest rate 6% Line 1 4% Line 2 $20...

A: Equilibrium refers to that state in the economy when the quantity demanded of goods and services is ...

Q: Scenario 2: An investment tax credit effectively lowers the tax bill of any firm that purchases new ...

A: The repeal of the investment tax credit will reduce corporate investment, causing demand for loanabl...

Q: Using the information from Problem 1 about the economy of Fruitopia, compute chain-weighted real GDP...

A: The quantity and prices of goods produced in the firm are given. We have to calculate the chain-weig...

Q: Foreign entities O a) typically require a smaller inflation premium than domestic borrowers. O b) ty...

A: The funds that are available for borrowing money in the economy are known as loanable funds. These c...

Q: Give 2 projects that were implemented by the government in the Philippines for the prevention of cov...

A: COVID-19 has had a significant impact on the Philippines. According to the most recent WHO estimates...

Q: A monopoly is designing two take-it-or-leave-it contracts of the form (gi, ri) for two consumer type...

A: Marginal Utility refers to the utility that a consumer or individual derives from the consumption of...

Q: 3. Among the exogenous variable, which will make your IS curve shift to left? 1.2 0.8 0.6 0.4 0.2 40...

A: IS curve  shows goods market equilibrium and LM curve shows money market equilibrium . IS LM curve s...

Q: Briefly distinguish the specific tax and Ad Valorem tax?

A: Taxes are primary source of income for the government.  

Q: There are economists talking about the Phillips curve is a failure to predict the economy during the...

A: The concept of Phillips Curve was given by the famous economist A.W. Phillips. The curve shows the n...

Q: Find the present worth today in real value corresponding to the cur- rent values shown below for a 4...

A: Given inflation rate = 4 % Interest rate = 4 % Real interest rate = nominal rate – inflation rate = ...

Q: The ongoing COVID-19 pandemic has disrupted both the education and health system in most, if not all...

A: The continuing COVID-19 pandemic has caused chaos on the world's education and health systems in mos...

Q: Consider a simple economy whose only industry is fishing. In this industry, productivity-the amount ...

A: Here is the solution,

Q: Which of the following government policy will not have long term effects on the economy. Question 2...

A: The long term effect on the economy will make the Potential output or Long run aggregate supply curv...

Q: Directions: Use the given scenarios and the information you have learned about Fiscal and Monetary p...

A: a) In exchange for freshly issued bank credit, the Fed can cut interest rates by purchasing debt sec...

Q: The price and quantity data for Year 1 and Year 2 are as follows: Bread Butter Year 1 Quantity 50 10...

A: Real GDP = when the good of a year evaluated at base year prices.  

Q: An advertisement of an investment firm states that if you invest ₱500 in their firm today you will g...

A: The investment curve refers to the indirect relationship between interest rate and investment. The r...

Q: Total Cost and Output, which describes Sergei's total costs for his perfectly competitive all-natura...

A: A perfectly competitive firm is a price taker as it accepts the market price as given.

Q: The true cost of debt is what? a. The interest rate b. The limits placed on people's ability to acc...

A:   Debt is defined as borrowed capital from one party by another. Many businesses and individuals uti...

Q: Demonstrate the Effects of a Financial Crisis using the Aggregate Demand – Aggregate Supply Model. A...

A: Asset prices plummet, firms and individuals are unable to pay their loans, and financial institution...

Q: If the long-run average total cost is increasing as the output increases we call this: a. economies...

A: The costs that are being accumulated when the production level is being changed over time with respe...

Q: Find the following price, cross, and internal elasticities of demand Qd—400-0.8p-врх+2у р310 рх—4 у—...

A: Elasticity of demand is the measure of the rate of change of demand with respect to changes in the p...

Q: What is Determinants of supply?

A: The quantity of a good or service that providers or producers are willing to sell in the market at a...

Q: Is this possible that the Monopolists necessarily make the profit?

A: Answer: As we know that the general concept or impression is that the monopolist has complete contro...

Q: 1. If demand is equally elastic, and price increases from 5 to 7, what is the total change? If price...

A: Elasticity of demand is one of the important economic tool to analyze the market condition and the c...

Q: 1)How do you go from many midpoint indicators to one endpoint indicator in LCIA, for example to DALY...

A: Before reaching the endpoint, a midway technique examines the effects earlier in the cause-effect ch...

Q: Year Price of a pound of Bacon (10 units) Price of a dozen Eggs (15 units) Price of a pound of Coffe...

A: The market basket includes 10 units of Bacon, 15 units of Eggs, and 20 units of coffee. Bacon is mea...

Q: A value of a car of AED 200,000 in 2020 is NOT the same as the value of the same car of AED200,000 i...

A: Value of car in 2020 definitely is not the same as the value of the same car in 2010 because of the ...