Anita's firm has a total variable cost of 2q2-85q and total fixed cost is 200 1. find the firm total cost function 2. use quadratic formula to find the quantity Q 3. what is the value of Q at breakeven

Q: b) A gaming company works out a demand function for its sale of a new product to be: F (p)=4800-60p…

A: Given information: A gaming company works out a demand function for its sale of a new product to be:…

Q: The manager of a bicycle shop has found that, at a price (in Rands) of p(x) = 150 –x/4 per bicycle,…

A: Given information: p(x) = 150 - (x /4) Where p(x) is the price of the bicycle sold (in Rands) x is…

Q: uppose a country has total GDP (Y) = $10 trillion, consumption = $7 trillion, government spending =…

A: Calculation of the Gross Domestic Product: The GDP is the monetary value of both goods and services…

Q: 1. On her thirty-first birthday, Jean invests $1,000 into her employer's retirement plan, and she…

A: Given  Jean invests $1000 into their employer's retirement plan on her 31st birthday and she…

Q: Economists use labor-market data to evaluate how well an economy is using its most valuable…

A: Unemployment rate = Unemployed / labor force * 100 labor force = employed + unemployed employment to…

Q: An increase in the excise tax on a pack of cigarettes will: A. Shift the demand for cigarettes in…

A: Excise tax is a type of indirect tax which imposed by the government on the sale of particular…

Q: define Kutznet Paradox and explain

A: Simons Kuznet developed the Kuznets curve theory in the 1950s, and the theory claims that as an…

Q: Which statement best describes the Consumer Price Index? The Consumer Price Index measures inflation…

A: Consumer price index (CPI) is defined as average change in the prices of fixed baskets of goods. It…

Q: “Pertaining to different good characteristics; it is possible to distinguish between three different…

A: A graphical representation of a combination of products that gives a consumer a similar level of…

Q: Q4) Answer the following, providing a graphical illustration along with your answer where necessary:…

A: A perfectly competitive market is the one in which there are many sellers and buyers . Also there is…

Q: The difference between economic profit and accounting profit is that economic profit is calculated…

A: When a firm enters and makes business activities, it has the primary aim of  maximizing profit and…

Q: Economics Please type the answer by the computer, so i can see it clearly thank you!!! Please also…

A: Meaning of Price Elasticity of Demand: The price elasticity of demand refers to the situation…

Q: Explain FOUR (4) reasons why banks need to be more heavily regulated than other financial…

A: Banks are the those financial institutions which performs the functions of accepting the deposits…

Q: Are market supply curves typically more elastic in the short run or in the long run? Explain.

A: Elasticity is the ability of one economic variable, like the amount required, to alter in response…

Q: In the long run, some firms will respond by each firm in the industry is once again earning zero…

A: WebMDs claim will cause consumer to demand more chicken at every price. In the short run firms will…

Q: Price Level OOOO Aggregate Demand price level; GDP; decreases price level; consumption; decreases…

A: Aggregate demand shows relationship between price and GDP

Q: OOOO of the supply curve and a(n). leftward shift; decrease leftward shift; increase a rightward…

A: In economics, supply is the total quantity of a particular good or service a supplier makes…

Q: Question 14 Q 0 123 2 TC 4 M VC N 2 FC What is the correct value for H? 05 G AC 9 AVC H 5 AFC MC 3

A: When talking about cost functions, it can be said that different types of costs are related to each…

Q: 5. Product Choices You are trying to figure out what combination of Products A and B to buy, given…

A: The marginal utility refers to the change in the total utility when one additional unit of good is…

Q: What is the difference between Gordon method and Brainstorming?

A: The process of forming and transmitting ideas, whether they are abstract, tangible, or visual, is…

Q: 3. Calculate Net Value added at factor CUST a. Value of output Intermediate goods purchased c. Gross…

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

Q: Problem 6 Cannes Croissants (not a real company) wishes to determine the optimum production quantity…

A: Note:- Since we can only answer up to three subparts, we'll answer the first three. Please repost…

Q: ince the birth of her daughter, 16 years ago, Anika has deposited $75 at the beginning of every…

A: Future value (FV) is the value of an ongoing asset at a future date in light of an expected pace of…

Q: Valdemar is a small, open economy. If the world real interest rate increases, in the long run, which…

A: In the international market, Anu change in the interest rate of a country will affect the demand for…

Q: 2. The foreign exchange market The following question focuses on the exchange rate between U.S.…

A: Exchange Rate:- The rate for which one currencies are traded for the other is recognized as the…

Q: Discuss the nominal money demand concept in the monetary intertemporal model. Support your answer…

A: Money Demand  The entire quantity of money that the populace of an economy wishes to own is the…

Q: Happy Bubble Tea, Inc., which has been given a limited license, runs a network of bubble tea shops…

A: profit maximisation is the situation where marginal revenue and marginal cost are equalised which…

Q: Explain and calculate Price Elasticity in an example you come up

A: The price elasticity of demand measures the change in demand of a good or service in response to a…

Q: D3

A: Demand Curve: - demand curve is the graphical way of showing the relationship between the quantity…

Q: 1. On her thirty-first birthday, Jean invests $1,000 into her employer's retirement plan, and she…

A: Jean on my 31st bday invested 1000 in the retirement fund. Annuity payment of 1000 for 10 years and…

Q: Ek 3 UK’s inflation has hit a 40 year high (CPI is 9.1% in June 2022). Evaluate the use of interest…

A: A widespread increase in the prices of goods and services in an economy indicates inflation, which…

Q: Which of the following are included in this year’s GDP? Explain your answer in each. The income of a…

A: GDP computes the monetary value of final goods and services—that is, those that are purchased by the…

Q: Tyson and Ella work at the Ruby Red Movie Theater in town. After work, they decide to watch a movie.…

A: In a simple economic model, the circular flow diagram depicts how an economy is structured.…

Q: When economy has recovered from deep recession from zero-lower-bound, there is no risk of using…

A: Zero-bound is an expansionary monetary policy instrument where a national bank brings transient…

Q: what are the effects and consequences of deflation?

A: Deflation is also known as negative inflation. It is a situation where the general price level of…

Q: Due to the impact of Tropical Storm Harry in the Caribbean, the price of sugar rises from $0.50 to…

A: Introduction As we know that price and quantity demand are inversely related to each other. Increase…

Q: When it comes to externalities, the free market generally ignores any kind of private production or…

A: Externality refers to the spillover effect of a good or service on third party of the society.

Q: The demand functions of individual A and B for a public good (G) is given by: PA = 500-2G & PB =…

A:

Q: A Sri Lankan MNC that is an importer has a $3,750,000 payable due in one year. Spot exchange rates…

A: Exchange rate risk refers to the risk that a company's operations and profitability may be affected…

Q: Question 2 [Soalan 2] Draw a graph with the exchange rate (RM/S) on the Y-axis and the quantity of…

A: The exchange rate is the rate at which one currency can be exchanged for another currency.  A…

Q: Economics QUESTION TWO a)Suppose May start working as Economic Lecturer at age 25 years and earn…

A: The life cycle hypothesis states that people in their life times save when they have more incomes…

Q: If the free market price would be higher than a price ceiling, the effect on the actual trades is:

A: A price ceiling is a price fixed by the government to protect the consumer, this price will always…

Q: We know that in antiquity, China exported silk because no one in any other country knew how to…

A: We know that when one country produces a good which no other country can produce, then that country…

Q: the price of a DVD decreases by 50 percent, the quantity demanded increases by ercent. The price…

A: Price elasticity of demand = %age change in demand / %age change in price

Q: 4. Let money demand, (M/P)d-0.6Y/i.' a. Calculate the velocity of money when the nominal interest…

A: In macroeconomics, the money deliver refers to the total quantity of currency held via way of means…

Q: Draw a graph with the exchange rate (RM/$) on the Y-axis and the quantity of US dollars on the…

A: In the flexible exchange rate system, the demand and the supply of currency in the foreign exchange…

Q: If you have health insurance that covers the cost of visiting the doctor, you may be less likely to…

A: The behaviour of people will be influenced by various factors. When a person doesn't have vehicle…

Q: Suppose that a consumer has the indifference map shown above. The relevant budget line is  LZ. The…

A: The budget line depicts the combination of two goods, that a consumer can buy with a given level of…

Q: A researcher wants to assess the impact of school location on CSEC performances in Guyana. Suppose…

A: Dummy variables are used to include categorical variables int the model. The number of dummy…

Q: A producer is someone who A. Makes a commodity available for sale or exchange B. Buys or trades in…

A: A producer is someone who produces the goods and services and makes them available for sale or…

Cost of Production

The entire idea of the cost of production or production cost is applied corresponding, or we can say that it is related to monetary cost. Money cost refers to any money expenditure which the firm or supplier, or producer undertakes in purchasing or hiring factor of production or factor services.