1toasters 50 43 40 35 30 25 20 15 DB 10 10 20 30 40 50 60 70 80 tootk- druskes Refer to Figure 2-4. Inefficient production is represented by which point(s)? A, B C, D

Q: 33. Marginal prunciple suggesta that : A. a person will be better oft is helshe com timues to imore…

A: A study of the additional advantages of an activity in comparison to the additional expenditures…

Q: 87366 Econ121 Sara Co = Homework: Chapter 1 Homework Question 3, Concept Question A.1 Part 1 of 2 HW…

A: Given sales chart

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A: *answer:

Q: The following Table is for answering questions 8 to 12 below: Input Output 6000 TFC 2400 W 2400…

A: Answer for Q#5 Total cost is the sum of total fixed cost(TFC) and total variable cost(TVC). Total…

Q: 2. What is the difference between efficient and inefficient level of production?

A: Efficient level of production: Efficient level of production or production efficiency is an economic…

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A: Licensing: The term licensing refers to getting permission from the licensor. Basically, it is a…

Q: Table 8.2 Number of Earrings TVC MC AVC TFC TC AFC ATC 100 50 95 3 46.67 300 270 Refer to Table: If…

A: Cost refers to the amount incurred by the firm in the production process to achieve the desired…

Q: Meat pounds) 120 A 90 D 60 B 30 Vegetables (pounds) 20 40 60 80 100 120 140 160 The efficient points…

A: Budget line represent the combination of goods and service that a consumer can obtain at the given…

Q: Suppose the A&G Fuel Company wants to build three pipelines that would carry fuels under your city.…

A: Pipelines Total Profit  Total Damage Marginal Benefit Marginal Cost 0 0 0 0 0 1 120 55 120 55…

Q: Alan buys a basket of apples on sale for $7 before tax.  The sales tax is 12.5%.  What is the…

A: Before the tax sale price of apples = $7 Sale tax = 12.5% The total tax would be 12.5% of $7

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A: Fire and Flower holding corporation comes under licence market. As fire  and flower holding…

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A: Ethics: It refers to the values  of the people that help them to grow. The values are the part of…

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A: Demand: It refers to the quantity of a commodity that consumer is willing and able to purchase at…

Q: oly of the resource: 10 s and prices solve the dynamic efficiency problem, considering both time…

A:

Q: Imagine that a state government is considering the construction of a new state office building to…

A: Marginal benefits are the greatest sum a customer will pay for an extra decent or administration.…

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A: Selling price of milk per gallon is fixed at $4. Diary also owns robots which can be rented for a…

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A: The marginal abatement cost measures the cost of reducing one more unit of pollution. Here, we…

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A: In economics, market equilibrium is a situation in which economic forces such as supply and demand…

Q: End of Year 0 1 2 3 4 5 11. End of Year 0 1 2 3 4 5 Question 1 1. QUESTION Table 1 Information on…

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Q: 1. The total cost consequences of applying cost - 32 t + 2/t where t is insulation thickness.…

A: The cost function is given by the equation TC= 32t+2/t  Calculate the value of t at the minimized…

Q: e marginal gain from Jake's fourth hour of work, from 11:00 AM to noon, is 25 problems. ter, the…

A: Answer: 2 hours working on problems, 2 hours reading. Explanation: If Jake spends the first hour…

Q: Please see attached.

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Q: Meat pounds) 120 A 90 D 60 В 30 Vegetables (pounds) 20 40 60 80 100 120 140 160 Point B is: O…

A: Budget line represents the combination of good  and services that can be purchased by the consumer…

Q: es. a sells one of its existing airplanes to K no of D

A: The transaction which will be included in the GDP for the United States is when Coca Cola builds a…

Q: Backhoe Loaders Medeling X eling a phetattempt3507145Acmide2058147Apage76 polutants like carbon…

A: Negative externality refers external cost incurred on society which is not a part of consumption or…

Q: Reler to the production possboty fronter below for a t that producee kce oreams and Jelly beans. The…

A: A production possibility frontier is a curve that shows various amounts of two products that can be…

Q: A company with production technology y = K 0.5. L 0.5, where y, Ki L are, respectively, the units of…

A: A company is at optimum when it produces at a point where marginal rate of technical substitution is…

Q: a. The following table below shows the production possibilities combination of two products in a…

A: Production function shows the different combinations of two goods that can be produced with…

Q: Victors marginals cost of producing an additionally unit of nuts is

A: Marginal cost or opportunity cost is given by slope of PPF curve.Therefore marginal cost = Slope of…

Q: perature that summer and the price of swimsuits. Additionally, assume that the cost of Lycra (a…

A: A average temparature is 80 degrees were  Years 1996, 1999, 2003 and 2004 only, we need to Connect…

Q: a. Analysis: Point J signify inefficient use of available resources O A. False B. True

A: Answer - Thank you for submitting the questions.But, we are authorized to solve one question at a…

Q: What is the marginal benefit associated with producing six units of the control variable, Q 0dentify…

A: Marginal Benefit can be defined as additional benefit earned from an additional unit of output.…

Q: Berger Paints sold the following volumes of white paint over the last four as shown (week 1-750 kg,…

A: Projected sales is based on the weighted average based on past sales.

Q: mplete the following table by indt Inefficient Efficient that apply. Point A. 8. C. D. E.

A: The production function would result in the production of the maximum output which would be produced…

Q: Dis timguish betweer micro and mano Busimess Econo Desoube the imgce of the importance f

A: Economics is a science that deals with human behavior as a relationship between ends and scarce…

Q: e) Suppose that the marginel product P lalaur for Windheek Manufacture Company's production is 3…

A: MRTS = MPL/MPK

Q: Explain the economics in terms of Additive manufacture (AM

A: Production is the  process of using inputs (the factors of production) to make useful output. Cost…

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Q: 3 1- which is an example of an objective a) Find a high-paying job after college b) Gratuate from…

A: Objective refers to the statement that describes a particular aim of a person or agent. It is narrow…

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A: Note: Since more than one questions are asked, we are going to answer the first question due to…

Q: e Travel Time Each Way Price of a Suit (Minutes) (Dollars per suit) Local Department Store 15 102…

A: Opportunity Cost refers to the potential benefits an individual, investor, or business misses out on…

Q: The following Table is for answering questions below: Input Output TFC TVC TC MC…

A: Answer: Correct option: 400 Explanation: The total fixed cost remains the same at each level of…

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Q: 15) Tanesha sells homemade candles over the Internet. Her annual revenue is 564,000 per year, the…

A: Economics is a branch of social science that describes and analyzes the behaviors and decisions…

Q: Output TC D 1 2 3 1 $60.00 $90.00 $110.00 $120.00 $125.00 TFC TVC AVC -X- AFC -X- ATC -X- MC -X-

A: Total fixed cost (TFC) remains same at each level of output. It is equal to total cost at 0 level of…

Q: Travel Time Each Way Price of a Dress Store (Minutes) (Dollars per dress) Local Department Store 15…

A: The opportunity cost is the next best-forgone alternative. It is the loss of the cost of an activity…

Q: 1.1 Sketch the following budget constraints: Px Py Income S 100 S 25 S5,000.00 a. b. 200 125…

A: [a] [b]

Q: Owner owns a pizza shop with a single employee. If employee works x hours, he can produce sqrt x…

A: we know that every firm has sole objective to maximise the profit level through minimisation of the…