Consider the following total cost function: TC = 1500 + 300Q -3602 + 203 What is the quantity that minimizes the marginal cost (MC)? O because solution results in the square root of a negative number, the answer cannot be determined 5.6

Q: Describe the difference between how Economic Expansion and Economic Growth can be displayed on the P...

A: The Production Possibility curve can be used to explain two important economic concepts - Economic ...

Q: Italy has a GDP per capita of 33,000 Euros. The exchange rate is 0.0436 Euros per 1 Mexican Peso. Ca...

A: Given  Italy's GDP per capita =33,000 Euros. Exchange rate is 0.0436 Euros per 1 Mexican Peso.  

Q: What is your major take away from Thomas Dye’s definition of public policy)?

A: To find : Highlights from thomas dye definition of public policy. 

Q: What are some differences between the internalization of external effects by coasean bargaining and ...

A: Coase bargaining: In this case when one individual is causing an external effect on another individu...

Q: What term describes the remaining level of unemployment that occurs even when the economy is healthy...

A: Unemployment means people are actively looking for job but they are not able to find the job at prev...

Q: What is the interest earned on a P100,000 investment if it is held for 20 years at 4.3% simple inter...

A: A simple interest in the interest earned for a particular sum of money at some rate of interest for ...

Q: Japan and the United States are major trading partners and the exchange rate between the Japanese ye...

A: Flexible exchange rate A flexible exchange rate system refers to in which the exchange rate is deter...

Q: 4. Amy's utility level (U) depends on the amount of wealth (W) she possesses and it can be represent...

A: Utility function : U = 3Y0.5 Wealth in Bad state = 4,840, 000  Wealth in good State = 6,250,000   

Q: Given the two machines’ data                                                       Machine A       ...

A: Given information Machine A Initial Cost=P8000 Annual operation cost=P3000 Annual maintenance cost=P...

Q: Consider the Solow growth model seen in lectures. Use n to denote population growth.

A: ANSWER    the true in steady state  is

Q: us imagine that there is a country which displays the following statistics. C (Consumption) is one-h...

A: GDP measures the market value of goods and services produced within an economy in a given period of ...

Q: Abbott wants to increase their marketing for Pedialyte leading up to St. Patrick's Day this year. Th...

A: Given information First Ad cost=$5000000 at week 2/13/2022 Second Ad cost on 3/6=$800,000 Sales on 2...

Q: The TopCar Industries manufactures and sells car components. The current annual sales volume is 500,...

A: Given; Annual sales= 500000 pieces Price= P0.50 Annual fixed expenses amount= P80,000  

Q: What is the interest earned on a P100,000 investment if it is held for 20 years at 4.3% simple inter...

A: Given information, Principal amount (P): P100,000 Time period (t): 20 years Interest rate (r): 4.3%...

Q: Draw and AS-AD model of an economy suffering from unemployment. What is one fiscal policy that can b...

A: The aggregate demand curve shows the negative relationship between the price level and the total qua...

Q: A tax A) places a wedge between the price paid by the buyers and the price received by the sellers. ...

A: Whether the tax is imposed on buyers or sellers, the effect of the tax is same. It leads to ineffici...

Q: Compute the risk premium of the following lottery assuming that u(x) = vx (16, 0.25; 4, 0.75)

A: We are going to find Risk Premium using Certainty equivalent to answer this question.

Q: The adverse selection of wage cuts is a theory for which phenomenon? deflation full employment infla...

A: Adverse selection: - Adverse selection is a problem that arises because of the difference in the kno...

Q: - Draw an AS-AD model of an economy dealing with an inflationary gap. What is one iscal policy that ...

A: Inflationary Gap:- An inflationary can be explained as the disparity between the present actual GDP ...

Q: Assume a firm incurs overall labor costs of $22 per hour - which includes wages and training costs. ...

A: Labor market equilibrium is get where the labor demand and labor supply intersect with each other. I...

Q: A start up business is considering two types of equipment - data are as follows:                   ...

A: We need to calculate, By present worth cost method, computation of the value of Type A and Type B:

Q: The term footing refers to the O Process of posting O Addition of column of figures O Process of obt...

A:   Footing is the end balance when we sum all the debits and credits. Debits are tallied, followed by...

Q: The TopCar Industries manufactures and sells car components. The current annual sales volume is 500,...

A:

Q: All of the following questions may benefit from engineering economics, except for A Determining how ...

A: Questions which benefit from engineering economics are as follows: 1) Determining which projects are...

Q: Cindy and Steven are recently married and are both chefs. They have recently graduated from culinary...

A: Let us calculate the monthly expenditure of Cindy and Steven Rent - $1125Cable and Internet - $75Joi...

Q: . Productivity of land can be raised by

A: To find : What can be raised by productivity of land. 

Q: Utilize the provided goal post of the United Nations. Based on the given information: a. Life expect...

A: Given Information: Life expectancy(LEV) =67 years Adult Literacy= 68% Gross enrolment = 50% GNI pc= ...

Q: On a small island two farmers, Inger and Johannes, are the only suppliers of freshly dug potatoes fo...

A: Given,   Q=1200-30P=>P=40-(1/30)QQ=qi+qj Marginal cost of Inger (MCi) = 10Marginal cost of Johann...

Q: A firm used $1,900 worth of peanuts and $100 worth of salt to produce peanut butter. This required c...

A: Value-added is a method of calculating the final value of the output of a firm and GDP without the i...

Q: Based on the "Rule of 70", a country that has a constant real per capita GDP growth rate of 2% per y...

A: According to Rule 70: Number of years to double = (70 / Annual growth rate) Note: If the annual grow...

Q: In a market structure supply and demand determine prices and incentives are encouraged :Select one T...

A: Demand: - Demand is the relationship between the quantity demanded and the price of a good. There is...

Q: Suppose that Akbar has consumed two goods Ice cream and apple juice. Details of MUice-cream and MUap...

A: We are going to find Utility levels for Akbar using Marginal Utility theorem to answer this question...

Q: An annual fixed operating cost of P10,000,000 is incurred by a Medical Devices Manufacturing Company...

A: The Break even point is the state where any firm is earning zero level of profit. It would mean that...

Q: Ig is given that there is an increase in market price and quantity transacted for masks relative to ...

A: Though no single country can meet the rising demand for masks, trade is essential. Export bans are h...

Q: 10. All-Leather is a leather tanning company in Chicago. Its total cost function is C(QA) = 130 + 6Q...

A: C(QA)=130+6QA+2QA2

Q: 6. a. Consider the following sequential game.

A: Since you have posted multiple questions, we will answer the first question for you. If you want us ...

Q: Say that the average worker in Argentina has a productivity of $15 per hour while the average worker...

A: Employee productivity (also known as workforce productivity) is a measurement of a worker's or group...

Q: Complete the table below by indicating the characteristics of each market structure. Number of selle...

A: There exists four market structures as stated below Perfect competition Monopolistic competition Ol...

Q: Which of the following assets is not subject to depreciation? O Office equipment O Computer unit O F...

A: Depreciation is a process of deducting the cost of an asset over its useful life.

Q: Which of the following is not a requirement for increased growth? a. Capital expenditure b. Increase...

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

Q: A start up business is considering two types of equipment - data are as follows: TYPE A TYPE B First...

A: Given that; Type A Type B Initial cost= P200,000 Initial cost= P300,000 Annual Operating Cos...

Q: Warrensburg is a small college town in Missouri. At the end of August each year, the market demand f...

A: According to the law of demand, the quantity demanded of a product will fall in response to an incre...

Q: Cutey Barber Salon Cutey Barber Salon is a trendy barber salon that is located in a densely populate...

A: In democratic government it has been seen from ages that there is both public and private sector  in...

Q: Price (dollars per unit) Price (dollars per unit) Quantity (units per month) Quantity (units per mon...

A: Deadweight loss refers to the loss to society due to inefficient quantity produced.

Q: Answer if TRUE OR FALSE: • The following are economic measures which measure people's well-being in ...

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

Q: A loan of P95000 is borrowed for 240 days at a simple interest rate of 12.3 percent per year. What a...

A: The present amount of loan, P=95000 Time period =240 days rate of interest =12.3% simple interest pe...

Q: You have just inherited $100,000 as a lump-sum amount from your distant aunt. After depositing the m...

A: here we calculate number of years last for withdrawals by the following method as follow;

Q: An investment resulted in the following cash flow. What is the rate of return? Year Cash Flow -$700 ...

A: There is an initial investment is 700 The cash inflow in year 1 is $100 The cash inflow in year 2 is...

Q: For the same demand function as above, i.e., 3P, + 5Q, = 120, calculate Q; att = 5. Assume that %3D ...

A: Introduction demand function can be written as 5 Qt = 120 - 3 Pt we have to calculate it for t = 5, ...

Q: Suppose that Akbar has consumed two goods Ice cream and apple juice. Details of MUice-cream and MUap...

A: Utility is the satisfaction derived from the consumption of goods . It is measured in terms of utils...