Draw the short-run average total cost (ATC), average variable cost (AVC), and marginal cost (MC) curves for a bicycle factory. Assume the usual U-shapes. Label everything. Show the efficient scale at a quantity of 120 bicycles.

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

A: Fixed Cost = 10,000,000 Variable Cost = 1375 Price = 4500

Q: Supply Demand QUANTITY For an output level exactly at QE, the value of a unit to a buyer is the cost...

A: Given:-

Q: In the market for candy, researchers have estimated the following demand and supply curves. Demand: ...

A: Given  Demand :P=8-Q100         .... (1) Supply: P=3Q700         .... (2)  

Q: In this unit, you learned about different revolutions that were spurred on by advances in science, t...

A: During or shortly after the struggle for state power, revolution require not just mass mobilisation ...

Q: Assume two normal and ordinary goods A and B. If the good A is taxed and its compensated demand is c...

A: Tax refers to the compulsory contributions that the government of a place collects from individuals ...

Q: If demand is :Qd = 850 - 10P and supply is: Qs = 50 + 20 P Where: Qd = quantity of the good demanded...

A: Here, demand equation is given as: Qd=850-10P And supply equation is given as: Qs=50+20P Where, Qd i...

Q: From Exhibit 10 - Real U.S. Trade in Goods by Principal End-Use Category Chained (2012) Dollars Peri...

A: Export to import ratio: Export/import   When Exports exceed imports, the ratio is greater than 1. wh...

Q: Why do the prices of new houses in US go so high? Explain with help of supply and demand graph

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

Q: For K > 0 and L > 0, the production function F(K,L) = 2KL+ K has a. increasing returns to scale b. d...

A: option (a) increasing returns to scale is correct  because An increasing returns to scale occurs whe...

Q: Mary deposits $3,000 into a bank account that pays an annual interest rate of 10%. After 3 years, sh...

A: In an inflationary economy, unevenly growing prices eventually diminish some customers' purchasing p...

Q: we have assumed tha the production function simultaneously has constant returns to scale and diminis...

A: The Constant returns to scale means the long run,keep adding number of input,and production is incre...

Q: 2. Who in an economy is the big winner from inflation? Explain.

A: In an economy, inflation is the market situation when general market value of goods and services inc...

Q: Given the following individual demand and supply equations for onions: Qd = 40 - 3P Qs = -20 + 5P Re...

A: Demand curve shows the negative relationship between price and quantity demanded whereas supply curv...

Q: Social fluidity is all about transformation that results from social actions and reactions in respon...

A: Concept Members from various classes have varied possibilities of landing in one destination class v...

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

A:

Q: Calculate marginal utility and marginal utility per dollar for the data provided in the table below:...

A: Price of wine =3 Price of cheese= 0.14 Budget= 9.69 Marginal Utility: Change in Total utility the co...

Q: 3. Carp, Inc. wants to evaluate two methods of packaging their products. Use an interest rate of 15%...

A: Alternative 'A' and 'B' have different lives, so we will do annual cashflow analysis to determine th...

Q: Part A Assume that m the required reserve ratio is 10 percent of checkable deposits and banks lend o...

A: Dear student, you have asked multiple sub-part questions in a single post. In such a case, I will be...

Q: A risk averse individual faces a risk. The individual's utility function is U(W)= In(W) where W is t...

A: Fair insurance = probability of loss*loss amount Part a Here the probability of loss is 0.2 and the ...

Q: oints on a utility possibility curve represent a given distribution of well-being between two person...

A: The satisfaction that is in turn being received by a consumer from the consumption of a service or g...

Q: 2. Momhil Inc. bought a professional coffee machine costing 2100,000.00.0ver its useful life it is e...

A:

Q: A student loan with a simple annual interest rate of 2.5% must be paid back in ten years. A student ...

A: Interest rate => 2.5% (simple annual interest) Time => 10 years Interest => P2000 Initial i...

Q: What is social commerce? Disscuss which industry in GCC can adopt social commerce? Justify your answ...

A: Once a product is manufactured, cost has to be initiated and process of business follow ups. Busines...

Q: Given that velocity is 4, real GDP is 8, and the price level is 2. Suppose that the Central Bank dec...

A: Given  Velocity v=4, real GDP Y =8 and price level P=2 We have to find percentage change in nominal ...

Q: UIV . 3. What is structural unemployment? Give examples of structural unemployment. %3B

A: Among the four types of unemployment, structural unemployment is one of the types that is increasing...

Q: The demand function for FreshFood Exclusive Brand's product is D = 80 - 2p , where D is the number o...

A:

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

A: Given,  The Ad cost : $5,000,000 at week 2/13/2022The Ad cost on 3/6 : $800,000Sales on 2/20 : $500,...

Q: 2. Explain the benefits to the Potential employee if M&S opens the new food store

A: The markets are the place where the interaction of the buyers, and the sellers takes place. In the m...

Q: Questions: 1. What type of monopoly is Meralco? Explain your answer.2. What inefficiencies does the ...

A: As number of products is manufactured, cost is incurred for those products and process of business f...

Q: b) Provide information about how coastal fishing are obtained (ie: mined, refined, cut, etc)|

A: Fishery refers to the occupation that deals in catching fishes from different sources of water. Thei...

Q: Refer to the graph below. An increase in the price of agricultural products from Pg to PAwill: PA E ...

A: Demand curve shows the inverse relationship between price and quantity demanded. Total revenue is pr...

Q: Land only Is a free gift of nature

A: To find: What is land. 

Q: The exact simple interest of P7,000 invested from April 28, 2002 to December 25, 2002 is P700. What ...

A: Simple interest is the total amount that is to be paid for using the borrowed money.  

Q: 7. Correcting for negative externalities - Taxes versus tradablepermits Power stations emit sutur di...

A: A per-unit tax on emissions is one way the government can charge businesses for pollution rights. Th...

Q: A state park is selling firewood at $5/bundle and juice at $4/bottle. Firewood costs the park $4/bun...

A: Consumer surplus is the area below the demand curve and above the market price. It is defined as the...

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: A man took out a loan with a loan shark. He accepts P21,342.00 from the loan shark and promises to r...

A: Given information, Principal amount (P): P21,342.00 Time period (t): 1.5 years (6 quarters=18 month...

Q: Explain market conditions in the long run

A: In the long run, perfectly competitive marketplaces look different than they do in the short run. Al...

Q: The OEM company specializing in printed circuit board manufacturing has annual fixed expenses of P50...

A: The markets are the place where the buyers and the sellers of the goods and services get involved in...

Q: True or False. As you move to the right of any indifference map, consumer utility always increases. ...

A: The indifferent map represents different bundles of two commodities that an individual can consume t...

Q: The OEM company specializing in printed circuit board manufacturing has annual fixed expenses of P50...

A: Break-even point:-                                BEP=FCP-VC where; FC= Fixed Cost P= Price VC= Vari...

Q: When would you expect cyclical unemployment to be rising? Falling?

A: Unemployment is a situation in which a person who is willing and able (capable) to work do not find ...

Q: 66. Which of the following input factor takes risk, innovates and coordinates A. O Capital B. O Labo...

A: Entrepreneurs takes risks in terms of finance, innovate new ideas, and coordinate with their own tea...

Q: (A). Define culture as it relates to international business (B). How is culture part of or influence...

A: Business when deals on the international level then it may be affected by many factors, cultural dif...

Q: A. Assume a market of a specific good. The demand and supply equation is as shown below: Po = 70 - 3...

A: Supply curve shows a positive relationship between price and quantity supplied. When Supply curve sh...

Q: I. Increase in interest rates causes the supply curve to shift. II. Monetary expansion causes a decr...

A: 1) Increase in the interest rate causes the supply curve to shift In the financial market interest r...

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

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

Q: What mean economic

A: Microeconomics and macroeconomics are two commonly known branches of economics. Individual economic ...

Q: Task 2 - Below is a hypothetical demand and supply for apartments. Answer the following questions be...

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...

Q: In a bilateral monopoly, suppose we have the following information: P = 1000 - 2Q (Demand) P = 100 +...

A: Introduction: A monopoly is a dominant position of an industry or a sector by one corporation, to th...