Bianca bakes delicious cookies. Her total fixed cost is $40 a day, and her average variable cost is $1 a bag. Few people know about Bianca’s Cookies, and she is maximizing her profit by selling 10 bags a day for $5 a bag. Bianca thinks that if she spends $50 a day on advertising, she can increase her market share and sell 25 bags a day for $5 a bag. Choose the best answer. Advertising will 1.(decrease/ increase/ not change) Bianca's 2.(variable cost/fixed cost) to produce the cookies. If Bianca advertises, in the short run, will she continue to sell her cookies for $5 a bag or will she change her price? 3. (will sell cookies at a lower price

Q: A manufacturing company is considering a capacity expansion investment at the cost of $32,850 with…

A: Investment cost = $32,840 Output produced = 30,000 parts per year.  Profit generated by each part =…

Q: [16] Operating in the short run with one fixed input and one variable input, the marginal product of…

A: (16) Answer: Given Information, Marginal Product (MP) = 10 - X Output price = 3 Variable Price (Let…

Q: By the twentieth century, the rapid Industrialization of threatened British economic predominance.

A: Industrial Revolution, in modern history, the course of progress from an agrarian and craftsmanship…

Q: What are the three geographic disadvantages that Jeffery Sachs argues have adversely affected the…

A: Jeffrey Sachs makes sense of development results by giving geological clarifications. They contend…

Q: 2. In 1964 the United States banned television advertising of cigarettes. Is it possible that the…

A: Total revenue refers to the sum total of all the prices of the goods and services that a firm sells…

Q: What are the health care reform options?

A: Health Care is the basic necessity of life.

Q: A concrete pavement on a street would cost P 2M and would lasts for 5 years. Minor maintenance cost…

A: Cost is the expenditure that is incurred in the production of goods and services. It is the…

Q: Wage = 10 + 1.2 × male + 2 × educ + 0.15 × (male × educ) + u %3D he dependent variable is hourly…

A:

Q: Which of the following conditions correctly describes a Nash equilibrium when two firms are in the…

A: In-game theory, a Nash equilibrium is a condition in which a player will stick to their selected…

Q: Q1: Refer to the information provided in the Table below, answer the questions that follow:…

A: a. MPC = 1 - MPS MPS = change in savings / change in income  = 85-100 / 150 – 0 = 0.1 MPC = 1 – 0.1…

Q: Could differences across countries in popu- lation growth account for the persistence in income…

A: According to the Solow model, the saving rate is the most important factor in a country's…

Q: To make policy choices that involve gainers and losers, we need to have a restricted principle for…

A: Real economic policy decisions, in reality, benefit some individuals while affecting others.…

Q: Q3) Taiwan is a major world supplier of semiconductor chips. A recent earthquake severely damage the…

A: Elasticity is a basic statistic for how responsive an economic variable is to changes in another…

Q: 1. Choose true or false for each question. 1-1. Real estate means only buildings built on land. 1-2.…

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Two mutually exclusive projects are under consideration: Year Project A Project B -$5,200 -$7,500 1…

A: Given: Initial Cost Project A: $-5200 Project B: $-7500

Q: Evaluate the economic imperative of innovation in healthcare examining the costs of innovation and…

A: The application of ideas that leads in the introduction of new products or services, or an…

Q: 1. Risk analysis allows assessment of future uncertain impacts, and incorporates uncertainty into…

A: Risk analysis relates to the uncertainty of predicted cash flow streams, the variation of portfolio…

Q: Refer to the information provided in Figure2 below to answer the questions that follow, Price level.…

A: Aggregate demand is the all-out amount of the multitude of items and administrations wanted by the…

Q: In 2018, in the United States the sum of the balance of all three of the balance of payments…

A: In 2018, in the United States the sum of the balance of all three of the balance of payments…

Q: what specific educational reforms should be made to ensure that the poor and middle-income students…

A: As we all know that "Education is the only weapon for all types of problem of a nation". Still this…

Q: In terms of opportunity cost, why would a UGA football player choose to enter the NFL draft rather…

A: Opportunity cost is defined as the opportunity foregone or the potential benefit missed by choosing…

Q: A mining company is offered a 9-year lease for a coal mine at a cost of P120M. The engineers…

A: PLEASE FIND THE ANSWER BELOW.

Q: Select and examine any two economic systems that you think affect businesses most in South Africa.…

A: Select and examine any two economic systems that you think affect businesses most in South Africa.…

Q: Economists experience difficulties in accurately measuring income inequality because of which of the…

A: Income inequality  means the degree to which income is distributed unequally throughout a…

Q: Discuss some products and markets that are good examples of Monopolistic Competition.  Like the…

A: Market refers to the place where all economic agents come together to carry out all their economic…

Q: What are the impacts of throwaway lifestyle to the environment and to the poor?

A: The economics as a study is based upon the idea that the resources which are present with the…

Q: According to John Rawls, society gains more from improving the welfare of the rich household. TRUE…

A: John Rawls gave his findings and theory on the social justice or welfare and describes the economy…

Q: Explain the income approach to computing GDP in a Real-World Economy. [Be sure to explain each of…

A: GDP is the total worth of all final goods and services produced within a country's geographic limits…

Q: Use the table to compute for the following: Point A C F Px($) 6. 5 4 2 1 Qx 20,000 40,000 60,000…

A: Dear learner you have posted multiple sub parts question, as per our policy we have solved only…

Q: Question 16                 Refer the to graph below to answer Questions 16-18     In the graph…

A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts for…

Q: Why did China tried to limit depreciation by using dollars to buy yuan? Why didn't it work?

A: The conversion of 1 country's currency into another is understood as foreign exchange. the worth of…

Q: The world today is facing several energy challenges that are of concern to economists and…

A: The energy crisis is the fear that the world's demands on the limited natural resources required to…

Q: he demand curve and supply curve for a No-year discount bond with a face value f $2,420 are…

A: The demand curve shows the inverse relationship between price and quantity demanded. The demand…

Q: When consumers pay less for something than it is worth to them, they receive a(n) ______.…

A: According to Bartleby answering guidelines in case of multiple questions we are required to answer…

Q: 4. North Koreas's leader Kim Jong-un must decide whether to keep or dismantle North Korea's nuclear…

A: Given,  Two Players : North Korea and ChinaNorth Korea strategies : Dismantle and Don't…

Q: Suppose there is an increase in the cost of health insurance premiums paid by employers as part of…

A: Here, it is given that the cost of health premium on employer paid insurance has increased in the…

Q: Adjust the graph to show how a $25.8 billion dollar increase n the government's budget deficit…

A: Saving is the source of supply for loanable funds. Investment is the source of demand for loanable…

Q: The Generalized Entropy Index for a subset (after splitting) containing 12 individuals who…

A: Answer- Total subscription before unsubscription= 12+8=20 Rate of unsubscription= 1220×100= 60 Un…

Q: Question 2 Back in the 1950s, General Motors (GM) was at its peak. It was widely viewed as a…

A: In the 1950s, the US automobile industry was dominated by three big companies- General Motors, Ford…

Q: A firm buys two inputs, labor L and capital K, the total amount of which cannot exceed 100 units.…

A:

Q: If Susan Kalanti deposits 400,000 USD into a saving account at CITIBANK, and you know that CITIBANK,…

A: Given: The amount deposited (monetary base)=$400000 Maximum loan =84% of the amount deposited

Q: Q2: Describe what a fiscal automatic stabilizer is. Given an example.

A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new…

Q: Why does russia have the comparative advantage in oil? Explanation it correctly and in detail

A: Compartive advantage alludes to the capacity to deliver labor and products at a lower opportunity…

Q: Consider Population model Y = Bo + B1X1 + B2X2 + B3X3 + µ. Now consider the following statements a…

A: Given,  The Model :Y=β0+β1X1+β2X2+β3X3+μAssumption : MLR 1-4 is satisfied

Q: The difference between measuring GDP with the income approach and the expenditure approach is the…

A: Gross domestic product (GDP): - GDP is the market value of all final goods and services produced in…

Q: Maximize the following equation: w (x, y) = -3x2 + 30x – 6y² + 48y | Subject to x + y = 5 O x=2.33;…

A: For maximization we set the lagrangian as..

Q: hat are the economic values of strate Liance strategies? Illustrate of a form c Iccessful strategic…

A: Alliances and associations are a key staple in business procedures for associations huge and little.…

Q: Two lathes are being considered in the manufacture of certain machine parts. Data is given below,…

A: The permissible minimal rate of return, The minimal rate of return on a project that a management or…

Q: What accounts for the rapid growth in the number ofolder Americans?

A: The average time a living being is projected to live is referred to as life expectancy. It is based…

Q: TRUE OR FALSE   Social welfare indifference curves are useful in discussions about the tradeoffs…

A: An indifference bend shows a blend of two products that give a shopper equivalent fulfillment and…