2. Consider the following spending concepts for a wooden table factory CONCEPT Total monthly sales Price per table Total units sold TOTAL $720,000.0 $300 $2,400 $1500 Spending wage per worker Total workers 8 Wood and other Materials $2500 Electricity interests $2000 Profit $562,000.0 Assuming that the depreciation of physical capital is equal to zero.
Q: Consider a Leader-Follower duopoly, the firms face an (inverse) demand function: Pb = 530 - 17…
A: In a Stackelberg duopoly with firm 1 as the leader and firm 2 as the follower, the deadweight loss…
Q: None
A: Labor Force Size:The labor force consists of individuals who are either employed or actively seeking…
Q: Considering only Demand, if the price is increased from $2 to $6, total revenue will: (a)…
A: In order to determine the effect of a price increase from $2 to $6 on total revenue, we need to…
Q: =05 23 24 31 32 Ob many fri Oc one small m Od a few large s 39 40 48 Question 27 Price 2000T4051 $14…
A: Let's delve deeply into the explanation of both answers, ensuring clarity and providing thorough…
Q: If the Federal Reserve increases the discount rate from 12 percent to 14 percent banks will borrow…
A: The discount rate is the interest rate charged by the Federal Reserve to commercial banks for loans.…
Q: don't use chatgpt answer i will 6 upvotes and clear step by step explanation in case you worng i…
A: In economics, the marginal cost is the change in the total cost that arises when the quantity…
Q: PLS HELP ASAP ON BOTH
A: Yes,A recruitment plan should address potential shortages in key skill areas.It is absolutely…
Q: PLS HELP ASAP ON BOTH
A: Question 1: Reasons for developing a business plana. Incorrect because: Option a refers specifically…
Q: Robert owns a cattle ranch next to a flower farm owned by Felicia. Robert's cattle tend to roam and…
A: To answer the questions provided in the economics problem concerning Robert's cattle and Felicia's…
Q: PLS HELP ASAP ON BOTH
A: References: Chapman, A. R. (2017). Towards an understanding of the right to enjoy the benefits of…
Q: Suppose the government decides to decrease government expenditures as a means of cutting the…
A: Detailed explanation:Government expenditures refers to the spendings of government in the economy…
Q: Question 1 Part A: You want to develop a new product and you want to make your money back as quickly…
A: The payback period is a capital budgeting method that calculates the time it takes for an investment…
Q: help please answer in text form with proper workings and explanation for each and every part and…
A: 1. Identify the Variables:Present Value (PV): This is the unknown amount you need to invest today to…
Q: What is the measure of exploitation of workers – (the difference between the Value of Marginal…
A: The labor supply (LS) curve, the value of the marginal product (VMP), and the marginal cost of labor…
Q: do fast
A: Approach to solving the question: Detailed explanation: Examples: Key references:
Q: PLS HELP ASAP ON BOTH
A: Question 1The statement accurately describes the typical elements included in a business plan. An…
Q: Saved There is a reserve requirement of 23 percent in the United States. If the Federal Reserve…
A: The reserve requirement ratio is the percentage of deposits that banks are required to hold as…
Q: None
A: StepsTo find A - B, let's first identify the payoffs for Player 2 in each subgame perfect…
Q: Coffee grown in Guatemala is priced at 19 Guatemalan quetzal per pound (Guatemalan quetzal, or GTQ,…
A: Given:price of coffee grown in Guatamela = 19 GTQ per poundPrice of coffee grown in U.S = $6.20 per…
Q: do fast i will 5 upvotes .urgent
A: Perfect competition is a market structure characterized by a large number of small firms producing…
Q: Please help me with 1 and 2. Thank you
A: 1. In 2001, President George W. Bush and Federal Reserve Chairman Alan Greenspan faced a challenging…
Q: Assuming the change in demand from D1 to D2 was caused by a decrease in consumer income from $30,000…
A: Income Elasticity of demand , Ei , tells us how much the quantity demanded of a good will change in…
Q: In the United States, several states and localities actively seek investment from enterprises from…
A: FEEL FREE TO ASK CLARIFICATIONS
Q: PLS HELP ASAP ON BOTH
A: An important way to gauge change in your business environment is to Review industry association…
Q: do fast and don't use chatgpt answer i will 5 upvotes.
A: The number of unemployed people divided by the total labor force and multiplied by 100 is how the…
Q: At which point is allocative efficiency attained?
A: Allocative efficiency is achieved when resources are allocated to produce the mix of goods and…
Q: O Macmillan Learning Suppose that a small-town theater has six potential customers and is looking to…
A: Step 1:Step 2:Step 3:Additional comment: 1.dear remember for less price ticket high paying customers…
Q: What are Apple internal strenghts and weaknesses?
A: Approach to solving the question: First step: Examination of Apple's internal strengths Apple Inc.…
Q: K Consider the following diagram, in which the current short-run equilibrium is at point A. a. At…
A: a.At point A the economy has an inflationary gap.Inflationary Gap:An "inflationary gap" refers to a…
Q: Consider the Solow growth model with labor growth and no technology growth, i.e., n = 0, x = 0.…
A: Step 1: Step 2:
Q: In the following financial market, who is the demander of the financial capital? Select the best…
A: In the context of financial markets, financial capital refers to the funds that are available for…
Q: Ukraine recovery: After the war, Ukraine's capital stock declines. Choose one scenario that cannot…
A: Capital per capita increases in a standard Solow model with constant population and productivity up…
Q: None
A: Setting demand equal to supply for product A: Equilibrium occurs when the quantity demanded equals…
Q: (4) Consider a Cobb-Douglas utility function U(1,2) = ria, where U is the utility level, x, and 2…
A: The utility maximization problem is to choose the amounts of commodities x1 and x2 to maximize the…
Q: a household budget of 4,000 per month, which can be spent on education or everything else. private…
A: In order to graph the budget constraint and the two possible education consumption options for a…
Q: Explain any four non-price factors affecting the demand.
A: FEEL FREE TO ASK FOR CLARIFICATIONS.
Q: Exercise 3.10. Find the subgame-perfect equilibria of the following extensive-form game. 1 B A 3 2 E…
A:
Q: None
A: Labour costs are an essential part of an Efficiency Cost-Benefit Analysis (CBA), showing the cost of…
Q: Macmillan Leaming Monopolistic Competition, Oligopoly and Game Theory End of Chapter Problems…
A: This suggestion is consistent with oligopoly and monopolistic competition principles, as well as…
Q: "Suppose that a market is described by the following supply and demand equations: QS =3P; QD-400-P.…
A: When demand equals supply in economics, it signifies equilibrium in the market. At this point, the…
Q: How much will the money supply increase if excess reserves increase by $40 million and the reserve…
A: The money multiplier is a concept in economics that measures the maximum amount of commercial bank…
Q: Consider a model in which individuals live for two periods and have utility functions of the form U…
A: 1. Problem of Lifetime Utility Maximization Aiming for Utility as the Objective: U = ln(C1) +…
Q: No chatgpt used i will give 5 upvotes typing please
A: Monthly Payment = P*(r*(1+r)^n)/((1+r)^n-1) Where,P = Principal Amount = $60,000r = Interest rate =…
Q: briefly explain Is there a best way to deal with the trilemma?
A: In economic decision-making, navigating the trilemma entails striking a balance between three…
Q: Step by Step in details
A: A monopoly maximizes its profits at a quantity where the marginal revenue line cuts the marginal…
Q: QUESTION ONE Two firms are ordered by the Government to reduce their pollution levels. Firm A's…
A: To find the socially optimal level of pollution reduction for each firm, we need to equate the…
Q: Solve all questions compulsory..... And fill in blanks and underline the correct sentence pls…
A: a. When the price of one good falls and it causes the quantity demanded of another good to fall, it…
Q: This exhibit illustrates the major elements of a marketing plan. Drag the terms to the appropriate…
A: Corporate-Level Planning:1. Core Competencies:Core competencies are the unique strengths and…
Q: Splitting up the value chain allows companies to take advantage of ____. economies of…
A: The value chain is a business model that describes the full range of activities needed to create a…
Q: None
A: Here's why:A monopoly is a firm that is the sole seller of a good or service in a market. This gives…
Step by step
Solved in 2 steps
- What is die difference between accounting and economic profit?Continuing from Exercise 7.1, the films factory sits on land owned by the firm that it could rent for 30,000 per year. What was the films economic profit last year?How does incorporating the tax benefit of depreciation affect the equilibrium rent a landlord will charge? O It increases the rent It decreases the rent O It doesn't affect the rent
- 13. Depreciation decreases: * O Capital O Cash O Bank O Liabilities2. For each of the following costs, identify the cost graph that best illustrates its cost behavior as the number of units produced increases. Not all graph have to be used and a graph can be used more than once. Graph 1 Graph 2 Graph 3 ° Activity Base O Activity Base o Activity Base Graph 4 Graph 5 O Activity Base O Activity Base FIGURE 20.2 Rent of warehouse of $10,000 per month Per-unit straight line depreciation costs a. b. с. Per-unit cost of direct materials d. Electricity costs of $5,000 per month plus $.0004 per kilawatt-hour е. Total direct labor cost1. Direct laborrate: $15.00perhour Production material: $375 per 100 items Factory overhead: 125% of direct labor Packing costs: 75%ofdirectlabor Desiredprofit: 20%oftotalmanufacturing cost use the above information to answer how many units must be sold to achieve a profit of $25,000? [Note that the units sold must account for total production costs (direct and overhead) plus desired profit. 2. A small textile plant was constructed in 2004. The major equipment, costs, and factors are shown below. Estimate the cost to build a new plant in 2014 if the index for this type of equipment has increased at an average rate of 12% per year for the past 10 years. Show work and Select the closest answer. a) $4,618,000 b) $10,623,000 c) $14,342,000 d) $ 14,891,000
- Suppose ADJ Corporation's brcakeven sa les volume is $450,000 with fixedcosts of $200.000.(a) Compute the contribution margin pe rcentage.(b) Compute the selling price if va ri a ble costs a re $ 12 per unit.7. Depreciation is necessary to calculate: * O Net financial position O None of the above О Тах O Net profitThe board of your company discusses a possible future price increase of 20% for one of the products. The argument against the increase is a decrease in sales due to the increased price. With how many units (pieces), sales can fall, without changing the total gross margin, with the following data for your company.Current sales price per piece SEK 600Variable costs per piece SEK 450Current sales volume 10,000 pieces
- 2Help plzPlease no written by hand solutions Which of the followingfollofollowingfThe ciange in revenueleamed by the business as it employees an additional nit of an input holding otier resource use constant is: (a) Fhe Marginal physical product fb) Fhe Total physical product.- (c) The Average physicał product OThe Marginal value product