If a monopolist sells 100 units at $9 per unit and realizes an average total cost of $8 per unit, what is the monopolist's profit? Group of answer choices $200 $50 $900 $100

Q: 10. A type of corruption where policy implementation skewed to the advantage of some is term........…

A: Corruption is an illegal activity which is strongly banned by the law.

Q: What is included in U.S. aggregate demand? a) all spending by consumers, firms, the government, and…

A: The curve that depicts quantities of goods and services being produced in an economy at various…

Q: Chatham Automotive purchased new electric forklifts to move steel automobile parts two years ago.…

A: Electric Forklifts  Cost = $75,000 2 years ago Salvage Value = $10,000 Operating cost = $20,000…

Q: 01

A: According to specific factor model, the factors that are, specific to the exports industries or…

Q: 3. State the effect of an export subsidy on the following: a. Price of the good in the exporting…

A: Export subsidy is a government policy that encourages the export of commodities while discouraging…

Q: According to the ISLM model an increase in the money supply A. shifts the IS curve to the left B.…

A: When the money supply increases the LM curve shifts to the right and down and this causes the…

Q: III. True/False - Explain: 1) According to Walras Law excess demand in the money market would also…

A: 1. According to Walras law excess demand in money market would also be associated with an excess…

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

A: Aggregate supply refers to the cumulative quantity of a firm's production and selling, or the real…

Q: All of the following are substitutes except a. clothing and motor vehicles. b. traveling by…

A: According to the Bartleby guideline, we can solve only one question per session, and above you wrote…

Q: Which variable constitutes the largest portion of GDP using the expenditure method? A. Xn B. G C.…

A: The components of GDP are: Xn= Net exports= Exports- imports G= government spending C= consumption…

Q: Using examples specific to tEl Salvador, discuss TWO positive impacts and TWO negative impacts that…

A: El Salvador is a country in Central America. For measuring the overall macroeconomic performance of…

Q: [Mcdonald's, a big burger joint, is charging $5 for its very famous Big Mac hamburger and selling…

A: Price elasticity of demand is the ratio of the percentage change in quantity demanded of a product…

Q: Suppose that next year 150,000 existing jobs in the economy are eliminated through layoffs and plant…

A: Given information: 150,000 existing jobs in the economy are eliminated through layoffs and plant…

Q: 5. Which of the following is true regarding the two mutually exclusive alternatives below if MARR is…

A: Given information

Q: How much corruption do they think there is?

A: Corruption:- It is a phenomenon in which the person uses assigned powers for personal gains.

Q: What is the value of a perpetuity of P100 per year if the discount rate is 5%, 7%, 11%? Answer: P…

A: Given Information, Cash Payment (C) = P100 per year Case I:  Interest Rate (r) = 5% = 0.05 Case II:…

Q: during aggregat demand to decrease because a) household wealth decreased, leading to a decline in…

A: When stock prices decline, it decreases the wealth of the people. This reduces the purchasing power…

Q: Question 1 A toy manufacturing company is selling pokemon figures in Latin America, generating…

A: Future worth is the worth of a present resource sometimes not too far off in view of an accepted…

Q: Compared to 2020, the price of computer chips is much higher today and revenues from computer chips…

A: Elasticity of demand is often measured by taking into consideration its impact on the total revenue…

Q: The data in the table below represents Total product (TP), for an agri-business involved in potato…

A: Here the capital is fixed and Labour is increasing it means the production function is of short run…

Q: Use the following graph to answer the next six questions. This graph shows an economy where…

A: Here, the given graph shows the aggregate demand and long-run and short aggregate supply curves with…

Q: Find the growth rates of the trend below and interpret

A: Answer is given below

Q: Consider a competitive industry. Every firm in this industry has a total cost function C (y) = y² +…

A: C(y) = y2 + 1 AC = y + (1/y) d(AC)/dy = 1 - (1/y2)  To minimize AC 1 - (1/y2) = 0 1/y2 = 1 y2 = 1 y…

Q: ilustrate and example of economic profit with numbers

A: Economic profit is the profit one gets after taking into account the implicit and explicit costs,…

Q: 3. We learned in class that for a given A, the f(r) that minimizes the cost function i=1 is a…

A: A cost function is basically a formula that predicts how much something will cost at a specific…

Q: Lily's disposable income increases by RM1,000, and she spends RM600 of it. Lily's O MPS is 0.4 and…

A: Marginal propensity to consume (MPC) refers to the proportion of extra income that a person spends…

Q: Describe briefly the characteristics of spot contracts, forwardcontracts, futures contracts, and…

A: The term "contract" is basically refers to an agreement between two or more legal entities that…

Q: Consider a two-period human capital investment framework. Suppose that the link between the amount…

A: *Hi there as you have posted multiple questions , following our guidelines we can only solve the…

Q: 1 3 1 2. Consider the production function, f (21, 2) = z} z . (a) Solve the PMP for factor demands z…

A: Profit maximizing problem for factor demand means how much input Z1 and Z2 should be employed to get…

Q: The following are extracts from the national income account of a country. COMPOSITION Compensation…

A: 1.

Q: 24. If you were to consider the cost of funds in a payback period calculation, you would have to…

A: Since you have posted multiple questions, we will solve first question for you. In case you want any…

Q: What is new in America’s health care reform law?

A: The Health Care Reform Law enacted in March 2010 brought the Affordable Care Act in America.

Q: Is population’s growth a good thing or bad thing and why?

A: Population Growth refers to increase in the count of people living on the Earth.

Q: Consider a competitive industry. Every firm in this industry has a total cost function C (y) = y² +…

A: A perfectly competitive firm produces at P=MC=AC in long run.  ------------------------------- C =…

Q: Uz Uz U4 Us 20 28 42 60 Income Currently the consumer has $60. If there is an accident their income…

A: Given a discrete random variable, and a function of that variable, the expected value of that random…

Q: James lives by the motto “ Eat, drink and be merry today, for tomorrow doesn't matter." If today's…

A: The indifference curve refers to all possible combinations of two goods that can be consumed by a…

Q: The table below contains information about the production, costs and profits of a firm. The price…

A: Average fixed cost = Total fixed cost / Quantity of output.

Q: Economics The short-run equilibrium is the combination of r and Y that simultaneously satisfies the…

A: In an economy, the general equilibrium is explained by the situation when all the markets are…

Q: The Great Recession was similar to other recessions since World War Il in that O a) the rate of…

A: The situation that depicts a massive contraction in activities of the economy and a drastic fall in…

Q: Use the knowledge of Break-Even analysis illustrate shortcomings of break-even analysis, also…

A: A break-even analysis is an economic method for determining an industry's cost or a certain quantity…

Q: Uz U3 Us 54 Income Utili-

A: Given Utility graph

Q: What is economics

A: Economics is divided into two main scopes which are micro and macroeconomics. Microeconomics deals…

Q: Restaurant meals and vacation hotels expenditures are examples of ______ A. consumption B.…

A: Consumption spending: - consumption spending includes the total value of final goods and services…

Q: Suppose that nominal GDP was $9000000.00 in 2005 in Montgomery County Maryland. In 2015, nominal GDP…

A: Given,  Nominal GDP(current year) = $11500000 Nominal GDP(base year) = $9,000,000 Inflation = 2%…

Q: How does the United Nations influence global economic activity

A: The United Nations can be defined as an international organization which was founded in 1945 after…

Q: The U.S. government contributed to the severity of the Great Depression by O a) increasing both the…

A: The actions of The US government and the Federal Reserve contributed to the Great Depression. The…

Q: The firm's fixed cost is $5 a day and its marginal cost is $1. The table below shows the demand…

A: Elasticity of demand  refers to the percentage change in quantity demanded due to the percentage…

Q: Henry Potter owns the only well in town that produces clean drinking water. He faces the following…

A: Given, Demand:P=60−Q Marginal Revenue:MR=60−2Q Marginal Cost:MC=Q

Q: Price P1 P2 D Quantity Q1 Q2 Q3 Figure 3 Domestic market for a good Figure 3 shows a country's…

A: Doemstic market equilibrium with no trade occurs when Demand and supply of goods are equal at…

Q: Discuss the following 1) weak public health leadership and management in healthcare 2) insufficient…

A: The healthcare sector is broad and has a significant global influence, manufacturers need proper…