Q: If the production function function y = 2x at an input price Of (DR. 300 and a fixed cost of IDR.…
A: The production function states the functional relationship between the given input and the achieved…
Q: 5.2 Consider the following economy: FYI: for this production function() = A Parameter Value…
A: Economic growth refers to the increase in the GDP or income of a country over a period such as a…
Q: How do you record the following transactions into the US. Balance of Payments (BoP) in 2020? A…
A: Balance of payment is the accounts of transaction occured between nations which records in monetary…
Q: Kindly give the given, complete and detailed solution. THANK YOU.) John bought a car with cash value…
A: Given: Car price = P14,000 Down payment = P4,000 r = 5.23% n=1 (number of years) t = 4 (number of…
Q: Consider 2 firms. ABC Incorporated and XYZ Corporation. These two firms are well known producers of…
A: We have two firms which competing in different competitive models. Such as •Competitive • Cartel •…
Q: For the next two, draw a little graph to show your work and fill in each of the blanks correctly…
A: "Demand curve indicates an inverse relationship between price of a product and quantity demanded of…
Q: Q1 -Calculate the present worth the data as shown below - P=? - F=1234 - 1=10% - Y=5
A: Present value=Future value1(1+I)nWhere, I=Interest rateand n=Time
Q: A6. que: First of all this question contains 3 parts. please answer all three. a.) What is shared…
A: (a) Shared leadership Shared leadership is when authority and influence are shared but one person…
Q: 10. Which of the following best describes government revenue? a) Government programs designed to…
A: Government of a nation needs money to finance its spending. Government has two sources of…
Q: the phrase "a sustained increase in the average level of prices for goods and services in an economy…
A: Deflation implies the decrease in general price level in an economy over a period of time…
Q: Suppose the market operates under perfect competition without the innova- tion. (i) Write down the…
A: Introduction We have given a demand and cost function. Cost function differs when firm adopt a new…
Q: FYI: for this production function.() = A Parameter Value Investment rate (0) 3% Depreciation rate…
A: *Answer:
Q: Two workers independently choose how much effort to put in their jobs. If worker 1 chooses e₁ ≥ 0…
A: Two workers independently choosing the level of effort to put in , so as to maximize payoffs take…
Q: CLOTHING (Thousands of pieces) 9 35 30 2 20 15 10 5 O PPC to 34 <+ 090 180 270 380 450 540 630 720…
A: The opportunity cost is time spent contemplating and that cash to spend on something unique. A…
Q: Define the trade balance for an open economy and explain the relationship between the trade balance…
A: The real exchange rate (RER) among currencies is the product of the nominal change rate (the dollar…
Q: Define the economic principle of opportunity cost.
A: When another item or activity is chosen, an opportunity cost is described as the amount of a…
Q: Assume that the country has following data: Individual 2: Income Php 400,000; Individual 4: Income…
A: Lorenz Curve Lorenz Curve is a curve which is used to understand the distribution of wealth in a…
Q: Which of the following regulation control price fixing
A: There is a law which regulates the price in the market for the welfare of consumer and society.…
Q: Explain the variance in trust between individualist and collectivist societies.
A: Individual interests and desires are prioritized in collectivist societies above the needs and aims…
Q: 12 Inflationary expectations in the economy increase rapidly, evoking a much stronger response from…
A: A bond is a loan-like investment. Institutions and governments that need to borrow money generally…
Q: The demand in a market is given by D(p) = 10 - p². There are 6 ompetitive sellers each with a cost…
A: A perfectly competitive firm is a price taker, which means it takes the price set by the market…
Q: D). Suppose that the market price is above the equilibrium price. What happens? Explain. E). Suppose…
A: Equilibrium is defined as that point in the economy where the forces of demand and supply become…
Q: John Ring, argues that closing the country's borders to international trade will create employment.…
A:
Q: 11. One possible strategy is that each firm produces. This gives a more Pareto efficient outcome.…
A: Hi! Thank you for the question. As per the honor code, We’ll answer the first question since the…
Q: 5. The growth rate of real GDP in Rutland is 6%. Assume the growth rate of velocity is 0%. If…
A: Gross domestic product is the summation of consumption, investment, government expenditure, and net…
Q: In a market economy, one of the following answers would not affect labor supply. Which one? Group of…
A: Labor supply shows different quantities of labor supplied at different wage levels
Q: Define recession?
A: Meaning of Macroeconomics: The term macroeconomics refers to the situation of economic and…
Q: Third-world countries should be provided with education plans by the developed countries.
A: The study of economic concerns connected to education, such as demand for education, funding and…
Q: 6. The growth rate of real GDP in Rutland is 6%. Assume the growth rate of velocity is constant at a…
A: Gross domestic product is the summation of consumption, investment, government expenditure, and net…
Q: 5. If the MARR is 12% per year, compare the alternatives shown below on the basis of a present-worth…
A: The measure that depicts the current value of the future cash flow stream or future money sum at a…
Q: Suppose that a firm has increasing marginal cost, and a positive fixed cost. What happens to minimum…
A: Marginal costing is a functional analysis procedure that often helps management in making…
Q: In a few clear sentences; explain what liquidity trap is and under what conditions liquidity trap…
A: Monetary policy is about controlling the amount of money available in the economy and how new money…
Q: In March 2021, sales of disposable flavored e-cigarettes were 8.25 million devices. The average…
A: General form of linear demand: Q = a + bP Where Q is quantity demanded of disposable e-cigarette in…
Q: Discuss the pursuit of the Free trade and liberalization policy, citing its advantages and how it…
A: Free Trade: It can be defined as doing trade without any restrictions that are without the…
Q: A businessman needs P50,000 for his operations. One financial institution is willing to lend him the…
A: The offer in which the businessman will have to give the lowest interest rate is the best offer for…
Q: Estimate the cost of expanding a planned new clinic by 50,000 ft2. The appropriate capacity exponent…
A: * Solution :-
Q: 2. (a) Using your knowledge of the circular flow of income and interpreting the data given above,…
A: The circular flow of income shows the major exchanges of the flow of income, goods, and services,…
Q: Maggie is currently using the website Matchmaker.com to help her search for a new partner. Maggie is…
A: Given: Maggie is using a website name Matchmaker.com to help her search for a new partner. She is…
Q: 7. Five equal deposits of $8000 will be made every 3 years starting next year at % per year…
A: To find the future worth at a given period firstly we find the effective annual interest rate -…
Q: Suppose that we have 3 consumers. The government considers building a road. It costs $80. The…
A: The situation that occurs when the price paid by consumers for a service or product is lesser than…
Q: Draw the following situations as a graph format: 1. The graph will have the price (P) on the y-axis…
A: The fact of externalities in production and consumption also direct to market failure. Externalities…
Q: Questions 1.4 and 1.5 refer to a consumer with preferences over food (x) and clothing (y)…
A: Inflation means the rise in the price level of goods and services over a period of time. The rise in…
Q: Two equal-sized newspapers have an overlap circulation of 10% (10% of the subscribers subscribe to…
A: The nonstrategic view of bargaining suggests that any sensible bargaining result would divide the…
Q: The accompanying graph depicts the marginal revenue (MR), demand (D), and marginal cost (MC) curves…
A: Profit = Total Revenue - Total Cost Total Revenue = Price*Quantity We can see that the Marginal…
Q: By making use of graphs explain the difference between perfect competition and monopoly market.…
A: The monopoly and perfect competition are two extremely opposite kinds of market structure.
Q: Q4. For a firm in Perfect competition, the profit maximization output rule is either MR-MC
A: A profit-maximizing firm produces at the intersection point of MR and MC. i.e., MR = MC is the…
Q: A. When the price =50000-500(Demand) and the variable cost-$3000 per unit, the value of demand that…
A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
Q: How is the Solow-Swan and paradox of savings related? How does it differ from each other? Is there a…
A: When discussing the paradox of thrift, we're talking about an economic theory that claims that…
Q: At high levels, inflation, whether expected or unexpected, occasions considerable costs on society.…
A: 1) Expected inflation is inflation that economists predict to occur in the future. It causes "menu…
Q: Pick one of your items. You have been contacted by a customer in Alaska who wants to purchase…
A: Disclaimer :- since you asked multipart questions we will solve only 3 first subparts as per…
Step by step
Solved in 3 steps with 3 images
- A certain company has a selling price of for their product of 1500-3/4x dollars per unit and fixed costs of $800 and variable costs of 1/4x+1210 dollars per unit, where x is the total number of units produced. A.) FInd the Break even point? B.) When will the company make profit? C.) What is the make profit and the corresponding production level?A company has established that the relationship between the sales price for one of its products and the quantity sold per month is approximately p = 77 – 0.12D units. The fixed cost is $800 per month and the variable cost $25 per unit produced. What number of units, D*,should be produced per month and sold to maximize the profit per month related to the product? Round your answer to 2 decimal places.Suppose ADI Corporation's breakeven sales volume is $450,000 with fixedcosts of $200.000.(a) Compute the contribution margin percentage.(b) Compute the selling price if va ri a ble costs are $12 per unit.
- ⦁ ABC Company has a product that sells for $400 per unit and its variable cost per unit is $260. Company’s fixed cost is $840,000. Required: ⦁ What is the Break-even Point in Units? Show computationA company produces and sells a product and fixed costs of the company are 8500000 Baisa and variable cost is RO. (35+K) per unit and sells the product at RO. (70+M) per unit.a. Find the total cost function. b. Find the total revenue function. c. Find the profit function and determine the profit when 1250 units are sold. d. How many units must be produced and sold to yield a profit of RO. 20000? e. How many units must be sold to break even?Company sells titanium alloy fasteners for airframe applications. The fasteners sell in packets of 1000 units, which each packet selling for $145. The company's total cost function is:TC = 3,200,000 + 0.002 Q^2,in which Q is expressed in packets produced per year and TC in dollars per year.What is company's annual profit if the quantity of packets produced and sold per year is 50,000?
- Show the total cost expression and calculate the EOQ for an item with holding cost rate 18%, unit cost P8.00, annual demand of 40000, and ordering cost of P48. *The total cost of an MBF plant is 35,000 units if it produces 500 products, and a total cost of 60,000 units if it produces 1,000 units of the same product. If each number of products is sold at a price of 100 monetary units, it is recommended: a. Draw a diagram to determine its breaking point. B. If we want to make a profit of 20,000 units by selling 1,500 products, what is the variable cost? P(Profit) = pQ-(F+vQ) TR=pQ Q=F/(p_v) TC=F+vQThe costs of producing a commodity consist of ₱102.00 per unit for labor and material cost and ₱54.00 per unit for other variable cost. The fixed cost per month amounts to ₱850,000. The commodity is sold at ₱740.00 each, what is the break-even quality per month? (Hint: for Break-even quality, COST = REVENUE)
- Three production processes - A, B, and C - have the following cost structure: the selling price is 5.26 per unit Process Fixed Cost per Year Variable Cost per Unit A 119164 2.54 B 80631 4.52 C 70617 5.27 1. What is the cost of process A for a volume of 7104 units? (round to the nearest cent).Please answer with details on how to do it. A small company manufactures a certain product. Variable costs are $20 per unit and fixed costs are $10,875. The price demand relationship for this product is P = -0.25D + 250, where P is the unit sales price of the product and D is the annual demand. Total cost = fixed cost + Variable cost, TC = CF + CV Revenue = Demand x Price, TR = D x P Profit = Total Revenue – Total Cost, P = TR – TC a) Develop the equations for the total cost and total revenue. Find the breakeven quantity c) How many units must be sold to maximize profit? What is the company’s maximum profit?If company A manufactures t-shirts and sells them to retailers for US$9.80 each.It has fixed costs of $2625 related to the production of the t-shirts, and the production cost perunit is US$2.30. Company B also manufactures t-shirts and selll them directly to consumers.The demand for its product is p = 15 −x125 , its production cost per unit is US$5.00and its fixed cost are the same as for company A . (vii) Derive the total revenue function,R(x) for company B.(viii) Derive the profit function,Π(x) for company B.(ix) How many t-shirts must company B sell to in order to break-even.(x) How many t-shirts must company B sell to maximise its profit
