According to the diagram, hot dogs cost each, and beer costs $ per glass. %24

Q: Completed 58 out of 60 uestion 31 of 60 If output falls below equilibrium, marginal cost will be…

A: The output falls below equilibrium then there is a shortage where Qd>Qs and the marginal cost is…

Q: Electrical Components Profit A company’s dailyprofit from the production and sale of electrical…

A: Profit is the extra returns after a firm has remunerated all its expenditure. It plays an important…

Q: 1. Let $1 = .78€ How much would a 20,000 € automobile cost in US$

A: Given data: Exchange rate, $1=0.78€ Automobile cost in euro is 20000€.

Q: 1. Let $1 = .78 € How much would a 20,000 € automobile cost in US$

A: Exchange rate refers to the value of one currency in terms of another. In other words, the exchange…

Q: 60 76Juanita makes $42 an hour at work. She has to take time off work to purchase her skirt, so each…

A: Opportunity cost : Opportunity cost refers to the value of the next-highest-valued alternative use…

Q: Problem 3. Complete the following table: Output TR AR MR (Units) (8) (8) (?) 1 10 8. 6. 2. 3.

A:

Q: Q.1 In order to maximize profit, how many units of water will Susan produce? [Answer in Numerics…

A: Since you have asked multiple question, we will solve the first question for you. If you want any…

Q: CENGAGE MINDTAP omework(Ch 13) 1. Definition of economic costs Sean lives in Detroit and runs a…

A: Explicit cost refers to the cost which is incurred for running a business. It includes the payments…

Q: Bill can produce either tables or chairs. Bill can work up to 10 hours a day. His roduction…

A: Production possibility curve shows the different combinations of goods which can be produced given…

Q: The proprietor of a little store plans on buying $1,500 worth of products to be increased 40%…

A: Markup is defined as the excess of Price received from the good over the cost of buying it. Markup…

Q: You are the buyer for The Shoe Outlet. You are looking for a line of men’s shoes to retail for…

A: Let selling price =100 then, Profit =45 So, Cost = selling price - profit  =100-45 =55

Q: Ruff makes dog food out of chicken and grain. Chicken has 10 grams of protein and 5 grams of fat per…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: Cost of buying tomato plants are 20 cents each and a farmer sells them for 50 cents each. His fixed…

A: Fixed cost = 69 euro Variable cost = 0.20 euro/plant sales price = 0.50 euro/plant

Q: 4. If TC = 12q can produce and stay below our budget? (Excel) 12q? +32q + 32 and have a budget of…

A: ??= 12?3 ― 12?2 +32?+ 32 Budget = $100,000 To find the number of units produced to be below budget:…

Q: Green Bank employs three loan officers, each working eight hours per day. Each officer processes an…

A: Productivity is the ratio between the output and input quantity of the production process.

Q: w of diminishing returns

A: Explanation: It primarily associates the rise within the variety of labor hours with the subsequent…

Q: Refer to the information provided in Figure below to answer the question that follow. Costs ($) TC…

A: Below is the edited graph:

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

Q: explain how do you simplify the square root part or the S(x).

A: At the market equilibrium the market demand is equal to the market supply. Which means that:…

Q: A firm has the following benefits and costs equations: B(Q) = 450Q - 26Q² and MC(Q) = 136Q Q that…

A: The net benefit is the difference between total benefits and total costs. It means as total cost…

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: TC = Q3 – 12Q? + 100Q + 256 d. Write the equations of MC, AVC, and AFC. MC = %3D AVC = AFC = %3D e.…

A: TC=Q3-12Q2+100Q+256Here,TFC=256TVC=Q3-12Q2+100QNow,AFC=TFCQAFC=256Qand,TVC=Q3-12Q2+100QAVC=TVCQAVC=Q…

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

A: For local departmental store: Juanita travel time here would be 30 minutes and shopping time is 30…

Q: Quilts alters, reconstructs and restores heirloom quilts. Cassie has just spent $800 purchasing,…

A: The marginal cost represents the change in the total cost of production that results in one new unit…

Q: Given f (x, y) = 4x² + 6xy – 5y? - df(x,y) What is dx

A: Here, a function is given as: f(x,y)=4x2+6xy-5y2 To find: df(x,y)/dx

Q: The value of q is supposed to be 0

A: Marginal cost is u shaped and passes through the minimum points of average variable cost and average…

Q: Suppose we have another firm known as Sepanyan Corporation which makes a product known as Yeghias.…

A: It is given that the Total cost of the firm is equal to $10,000 and the fixed cost is equal to…

Q: You are an efficiency expert hired by a manufacturing firm that uses Kand Las inputs. The firm…

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

Q: (M&M) sell one size of coffee latte. Medro & Mariana put together the weekly breakeven diagram for…

A: The total revenue from the sale of a particular quantity of products or services is referred to as…

Q: 6. A company produces x units of product A and y units of product B (both in hundreds per month).…

A: We are given we can find partial derivative with respect to x

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A: Weekly revenue: Increasing @$10 / $1 increase in price.

Q: The cost, in dollars, of producing z units of a certain item is given by C (z) = 5z – 8V 3. %3D Find…

A: Cost function  C(x) = 5x-8x-3       .......... (1) We have to find a production level that minimizes…

Q: Unique Flowers is the only florist in Wales. When the firm maximizes profit, is the outcome…

A: Consumer surplus and producer surplus total is called total surplus or welfare of society.

Q: While reviewing a page of cost details provided by your accountant, you spill coffee on it and make…

A: Total Cost = Fixed Cost + Variable Cost  Marginal Cost is the additional cost incurred by the…

Q: Answers provided to the questions are helpful.Thanks alot. Kindly add more points to question  1(a)…

A: 1(a) As stated in the question, after COVID-19, there has been a steady increase in low-income…

Q: FC VC AVE TC MC OUTPUT 10 2. 10 16 4. 36 40

A: Total cost is all the expenditure done by producer in the process of production. The cost are of two…

Q: 4. When handling insects, knowing where the pests are thickest can help save on insecticide usage.…

A: Input substitution ratio is calculated using the formula : Input Substitution Ratio(ISR) = Amount of…

Q: Quantity Marginal Benefit Marginal Cost 1 $50 $2 $45 $15 $39 $16 4 $5 $21 $-18 $38 Using the above…

A: Marginal cost is defined as the cost which is incurred by the producer in order to produce one more…

Q: Price of a Skirt (Dollars per skirt)     Local Department Store 15 103 Across Town 30 87 Neighboring…

A:

Q: Complete the following table.    Units           TFC       TVC     TC       AFC       AVC      AC…

A: Costs are the expenses that firms have to incur in the production of goods and services. In the…

Q: Harvey quit his job at State University, where he earned $45,000 a year. He figures his…

A: Given; Harvey's salary from job= $45000 His entrepreneurial income= $5000 Bonds he cashed in, to…

Q: 2. It is a hot day, and Ovi is thirsty. Here is the value he places on each bottle of water: $7 $5…

A: Disclaimer :- as you posted multipart questions we are supposed to solve only the first 3 questions.…

Q: The table below shows Lanark's production possibilities. A B D F Wheat 160 280 146 360 400 416 Cars…

A: Production possibility frontier (PPF) curve shows different possible combination of two goods that…

Q: Q1: Usher Dash is president of Dash Manufacturing, a producer of Go-Kart tires. Dash makes 870,000…

A: Productivity of an input refers to the amount of goods produced by the single unit of input. Labor…

Q: Attempts: Keep the Highest: 14 3. The relationship between marginal and average costs Consider the…

A: Use below formula to fill the table:

Q: .4 (Least squares) UpTop Mining has compiled the following data to analyz costs: onth Machine Hours…

A: Given data to analyse utility costs :

Q: Data for the break-even analysis (per month) Selling rice per unit PhP 1,000 Variable cost per unit…

A: Units Variable cost Fixed cost Total cost Total sales revenue Profit 10 =600*A2 16000 =B2+C2…