As the quantity produced increases, then a. variable cost always decreases b. average fixed cost decreases O c. fixed cost increases d. none of the above O O

Q: 3. The Department of Public Works and Highways (DPWH) awarded two contracts worth a combined Php55M…

A: Given: Contract worth=Php 55M Bid for contract=Php 48M Number of years=20 Interest rate=6%

Q: The 2020 budget included a $33 billion increase in military spending. By how much did this added…

A:

Q: A perfectly competitive firm has a demand function Pd (Q) = 121 and costs given as TC (Q) = Q - 15Q²…

A: In perfect competition market profit maximizing condition determines by the price and marginal cost…

Q: Solve for ERS 25% Mimimum Attractive Rate of Return 13% Interest Rate External $7.250.00 Excess…

A: The Economic Rate Of Return(ERR) basically refers to the rate of interest at which the costs and…

Q: The table shows an indifference schedule for several combinations of X and Y. Combination Quantity…

A: Bundle ( x,y ) At C is (12,3) At d is (10,4)

Q: A car costs $35,000 in the United States and 3,675,000 yen in Japan. The exchange rate is $1 = 103…

A: Answer I attached below

Q: Vhat are the NE quantities, price, and profits if there is no government intervention. o block…

A: Let there are two firms in the market, firm 1 and firm 2. Firm 1 faces a potential entrant, on the…

Q: Consider an infinitely repeated game where players play the static Prisoner's Dilemma game in table…

A: Given,  Infinitely Repeated gameThere are two players : Player1 and Player2Both Players have two…

Q: 0.50.5 Adam's preferences are represented by the utility function u(x1, x2) = x?5x25. The prices of…

A: Answer: Given, Utility function: ux1,x2=x10.5x20.5Price of x1=p1Price of x2=p2Income=I (a). The…

Q: Which of the following is correct? The price and the corresponding quantity that the regulator…

A: A natural monopoly exists because of very large initial costs that create the barrier to entry.

Q: H8. Which of the following production functions exhibit(s) constant returns to scale?​I. Q = Min…

A: There are CRS if the doubling the all inputs result in the double of output.

Q: Price and cost (dollars) 50 40 30 20 ATC 10 MC MR 10 20 30 40 50 Quantity (thousands of households)…

A: We are going to use monopoly pricing concept to answer this question.

Q: Impact Inc. is an economic consulting firm that prepares economic impact reports for cities and for…

A: Economic impact of event  is the creation of business or financial outcome in consequences. It can…

Q: Failing to convert servings to measures leads to erroneous query results for shrinkage calculations.…

A: Shrinkage refers to how much a food product shrinks as it cooks, changing the size of the dish. The…

Q: creation Department expects to develop the spa es into basketball, handball, miniature golf, ar ates…

A: B/C analysis i.e. benefit cost analysis compute the ratio of benefits and costs in the similar time…

Q: ) Find and classify the stationary points of the following function: f(x)% 1, (Specify the 1st and…

A: Answer I attached below

Q: Suppose Ming spends his entire income on two goods, X and Y, has "standard-looking" indifference…

A: Substitution effect  The substitution effect shows the effect of change in demand for goods due to a…

Q: Q5. Jason is running a cleaning business, there are available labours (L) and machines (M) for Jason…

A: Production function refers to the functional relationship between the given factors' input and…

Q: Under a marginal cost pricing rule, a natural monopoly makes zero economic profit incurs an economic…

A: For a natural monopoly we have downward sloping Average cost and when average cost is falling, AC is…

Q: From the information given in the preceding question (in which Ming views X and Y as perfect…

A: Given that X and Y are perfect complements.

Q: Q2. Mary makes cheese sandwiches for herself every week, and she has her own receipt with two pieces…

A:

Q: (a) A monopolist sells its product to two types of customers, business customers and other…

A: Monopolistic competition occurs when numerous businesses in an industry sell products that are…

Q: 10. A local company assembling stereo radio cassette produces 300 units per month at a cost of P800…

A: Profit is the difference between the total revenue and total cost. Total revenue is the revenue that…

Q: Which of the following strategies of multinational companies is more likely to reduce costs?…

A: A multinational company refers to the type of a firm that operates its business in more than one…

Q: What amount would have to be invested at a simple interest rate of 2.85% to grow to $2529.28 in 150…

A: As given Future worth = $2529.28 Interest rate = 2.85% Time = 150/365 = 0.41 years   F = P(1 + rt)…

Q: Answer the next question based on the information given in the following table. Total Workers…

A: Marginal revenue is the additional output produced by employing an additional unit of input with…

Q: i. Human Development Index (HDI) is measuring + dimensions and four indicators. ii. In a M-Form…

A: The correct answer is given in second step.

Q: Chuck owns a factory that produces leather footballs. His total fixed cost equaled $86,000 last…

A: Total cost is defined as the sum of all the expenses being faced by the producer in order to produce…

Q: QUESTION 3 A seller engages in price discrimination by market segment. Single customers have a price…

A: Price discrimination refers to practice of charging different prices to different consumers for the…

Q: outer belt highway is being planned for The initial cost is estimated to be $170,000,000. Benefits…

A: A cost is the amount of money that has been spent to produce something or provide a service and is…

Q: A monopolist with total cost 80 - 20Q + Q2 and marginal cost MC = 2Q - 20 faces average revenue…

A: The monopoly market is characterized by the presence of the single firm in the market.  The profit…

Q: What is the GDP growth rate? What is GDP per capita growth rate? What is the productivity growth…

A: Definition of. GDP per hour worked. GDP per hour labored is a degree of hard work productivity. It…

Q: 18 Given that the sum of the squared deviations of EDUC is  9025.6   The standard error of the slope…

A: The standard error is a term that actions the exactness/accuracy with which an example dispersion…

Q: How can a programmer profit from the ability to learn new languages, even if they are already…

A: A programming language is a type of  computor language which is written and tells computers what to…

Q: When a firm is able to engage in perfect price discrimination, its marginal revenue curve lies below…

A: The perfect degree price discrimination is practised by the monopoly firm. It extracts the entire…

Q: Assume that each $1 billion in investment in capital goods generates 0.4 percentage point of the…

A: Real GDP is a macroeconomic statistic that measures the value of the goods and services produced by…

Q: 8. The demand that duopoly quantity-setting firms face is p = 90 – 241 – 2q2. Firm 1 has no marginal…

A: Given information: P = 90 - 2q1 - 2q2MC of firm 1 = 0MC of firm 2 = 30

Q: Which of the following is NOT a principal-agent problem with foreign aid? recipients usually have…

A: The principal-agent dilemma  basically refers to a type of conflict in priorities between a person…

Q: In our one country model of technology growth, y = A(1- γA). Suppose that the country temporarily…

A: Given that; y = A(1- γA). Where  YA is the fraction of labour force in a country that is doing…

Q: Problem 5: Limited Punishment Consider the game in table 3. The game is repeated infinitely. Both…

A: For above grim trigger strategy game - With discount rate = 0.9  Payoffs -

Q: The graph shows the cost curves, demand curve, and marginal revenue curve of a firm in monopolistic…

A: In monopolistically competitive market, the sellers sell differentiated produces which are close…

Q: Consider the following normal-form (matrix-form) game: Player 2 L M R 5,2 3,5 8,4 6,2 2,3 9,8 1,4…

A: We have 3×3 game, were both players have 3 actions

Q: A doctor invested his money at 12 % per annum, net of taxes , compounded semi - annually after how…

A: The correct answer is given in the second step.

Q: Research arguments for and against one of these topic questions: Should government raise the minimum…

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

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

A: Answer; Option (c) is Correct

Q: Money Demand 2 5 10 15 20 25 30 MONEY (Billions of dollars) After the increase in the price level,…

A: Investors should expect a higher interest rate or premium on assets with long-term maturities that…

Q: The Consumer Price Index is: O a number that measures the cost of a market basket of goods and…

A: Answer (1): Consumer price index: a consumer price index shows the average price of a market basket…

Q: What are the distinguishing features of oligopoly?

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

Q: To maximize its profit, a single - price monopoly the amount of output so that its marginal revenue…

A: For a single price monopoly we have downward slope demand curve.

Q: Imagine a small town with three car repair shops competing for a limited number of customers.…

A: The ideal conclusion of a game occurs where there is no incentive to depart from the beginning…