Q: 1. Abby's Apples Abby's Apples is a perfectly competitive firm. Its total cost is: TC = 20 + 4Q? The...
A:
Q: Austin owns the Fruit Bowl Inc company. Which of the following would be short run decisions for Aust...
A: There are many types of inputs used in the production of goods and services. Two of them are capital...
Q: There is a malfunction in the braking system of a popular car. What is the Consumer Product Safety C...
A: The Consumer Product Safety Commission (CPSC) is a federal agency in the United States that protects...
Q: What is a break-even point?
A: The breakeven point for a product is the point at which the costs of production equal the revenues. ...
Q: Regression Analysis: Growth versus Water, Fertilizer The regression equation is Growth = B + ¢ Water...
A:
Q: The following graph shows the labour market for steelworkers. Assume that all firms in the steel ind...
A: Demand for labor in steel producing industry depends on price of steel and marginal product.
Q: Total product (meals per hour) 24 20 TP 16 12 4 2 3 5 Quantity of labor (workers) The figure shows t...
A: Total product shows the relationship between output produced and number of input hired.
Q: In the circular-flow diagram, O firms are sellers in the resource market and the product market. O f...
A: Circular flow model is a model that shows how money flows and firms and households.
Q: Question 3 Briefly explain why economists prefer to levy taxes on goods that generate negative exter...
A: Concept: A negative externality refers to when the production has an adverse effect on society. This...
Q: Merlin builds tables that she will sell for $200 per table. Her fixed costs for building the table i...
A: fixed costs, also known as indirect costs or overhead costs, are business expenses that are not dep...
Q: The marginal product of labor is the change in A) total cost from employing one more worker. B) tota...
A: Marginal product is the additional output produced by employing an additional unit of input.
Q: What are the two assumptions used to calculate the money multiplier?
A:
Q: you will WUIR WILIn he er to Caiculate a maCr Igebra. The steps are: ) find the IS equation E) find ...
A:
Q: Refer to the above graph, showing the demand curve in a market. Say supply is perfectly inelastic at...
A: When the supply curve is perfectly inelastic, the producer will earn as much as he can. As supply is...
Q: What is the present value or price of a $150 annual perpetuity if the returns on similar contracts a...
A: Given; Value of annual perpetuity= $150 Discount rate= 7% Formula to calculate present value:- ...
Q: Henrique is a baseball fan and attends several games per season. His expenses p season are listed in...
A: Price level in Year 1=500+100+150+50 =800Price level in Year 2=6...
Q: Explain the difference between equity and efficiency
A: PLEASE FIND THE ANSWER BELOW.
Q: ality/new good bias in its calculation of the CPI? ) Update the list of products included in the CPI...
A: Removing energy and food prices will reduce the quality/new good bias in its calculation of CPI beca...
Q: Among the adult population of a certain town 50 per cent are males, 60 per cent are wage earners and...
A:
Q: Match the term below to it's formula definition: total revenue (TF (Click for List) TC- AVC TFC + TV...
A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...
Q: 24. The cash flow details of a public project is as follows Initial cost /investment = BD 250000 Ann...
A: By using the given information we will calculate the value of PW, FW and AW and provide the decision...
Q: An advantage of the overall inflation rate over core inflation refers to the fact that O monetary au...
A: Concept: Overall inflation rate is a rate of inflation that considers all goods and services while ...
Q: Graph the market for loanable funds such that current national saving is at a level of $500 million ...
A: In graphing the market for lonable funds real interest rate r y-ax and quantity of lonable funds ...
Q: An insurance company insures 4,000 people against loss of both eyes in a car accident. Based on prev...
A:
Q: A company has the head office at US and a branch at U.K. The personnel director wanted to know if th...
A:
Q: Game Theory N-person simultaneous game question Please help with explanation and step by step answer...
A: Number of farmers = 20 Strategy set of each farmer = { 2 cows , 1 cow } Profit per cow = 3000 - 100...
Q: Suppose the government decides to increase taxes by $30 billion in order to increase Social Security...
A: Here, it is given that the government decides to raise taxes by $30 billion to increase the social s...
Q: In a given year, based on concepts similar to those used to estimate U.S. employment figures, the Sw...
A: People who are actively looking for a job and are able to work are considered unemployed and people ...
Q: Which of the following is not characteristic of capitalist thought?a. Private individuals have a rig...
A: Capitalist economy: - it is that economic system where the price, quantity, and types of goods and s...
Q: A company launched a sales campaign and appointed 110 salesmen for this purpose. At the end of the p...
A:
Q: (a) A firm produces two product brands, the quantities of which are x1 and X2. The demand for brand ...
A: Introduction Here given profit equation is π ( x1 , x2 ) = 30 x1 - 3 x12 + 5 x1 x2 - 2 x22 + 10 x2 H...
Q: A new electric saw for cutting small pieces of lumber in a furniture manufacturing plant has a cost ...
A: In the question above, it is given : Original Cost = $4000 Depreciate Life = 10 years Salvage Value ...
Q: Ellah buys a discount bond for $920. When the bond matures, she redeems it for its face value of $10...
A: Buying price of bond = $920 Future value = $1000
Q: a halving price of the prices of good A and Good B have the same effects on the budget line as doubl...
A: Budget line shows different combinations of two goods that can be bought with a given level of incom...
Q: PakMonoG’s inverse demand function is P = 100 – 2Q and cost function is TC = 10 + 2Q, where Q is qu...
A: Given; Demand function; P=100-2Q Cost function; TC=10+2Q where; Q= quantity in units P= price in PKR
Q: Keynesian View on the Government’s Role in the Economy: Explain how Keynes concluded that the govern...
A: The macroeconomic economic theory of total expenditure in the economy and its consequences on output...
Q: 13. Assuming that all international parity conditions, i.e., CIRP, UIRP, PPP, and Fisher Effect, ar...
A: There is no excess supply of one form of deposit nor excess demand for another when the interest par...
Q: What is one of the reasons behind the economic stagnation in Japan in the 1990s? inept political app...
A: When talking about Japanese economy, it can be seen that this economy faced stagnation during 1990s.
Q: Use the given scenarios and the information you have learned about Fiscal and Monetary policy to com...
A: Monetary and fiscal policy are both macroeconomic tools for managing or stimulating the economy. Int...
Q: What happens to interest rates in the market if the stock brokerage commission declines? Explain the...
A: In the stock market, interest rate is influenced by various market variables, such as demand, supply...
Q: An insurance agent claims that the average age of Age last Number of policy-holders who insure throu...
A:
Q: Suppose a government has no debt and a balanced budget. Suddenly it decides to spend $10 billion whi...
A: Answer is given below....
Q: Does the shape of production possibilities curve matter and why societies cannot make a choice above...
A: All economies of the world are endowed with limited amount of natural resources but the wants of con...
Q: What is true about the relationships between unemployment, GDP and inflation? Okun's law states that...
A: GDP is the value of final goods and services produced in the economy within a given period of time.
Q: At the profit-maximizing level of output, marginal profit is also maximized O is zero is positive is...
A: Any will firm maximize profit where: Marginal Revenue = Marginal Cost Marginal Profit = MR - MC
Q: Explain what a demand curve is and the role of revenues in pricing decisions.
A: Demand is a term used by economists to describe the amount of a good or service that consumers are w...
Q: Average product is equal to A) marginal product + total product. B) total product + marginal product...
A: When talking about average of any economic variable or measurement, it can be said that it explains ...
Q: A new boiler was installed by a textile plant at a cost of P 3M and projected to have a useful life ...
A: To find the value of capitalized cost, first, we convert all values into an equivalent annual equiva...
Q: Which of the following is a key assumption of a perfectly competitive market? Firms have influence o...
A: This model assumes that all goods are similar, rival, and excludable, that all buyers and sellers ha...
Q: A contractor imported a bulldozer paying P350k to the manufacturer, freight & insurance charges amou...
A:
In relation to bargaining power with buyers.
Applying it to Tesla, how would you explain the bargaining power with buyers
Step by step
Solved in 2 steps
- 2. Film producer S costs c=20 to produce one film. B, an online movie distributor, earns v=120 if the movie is distributed. In order for B to distribute the movie, it must be purchased from S. If there is no transaction between S and B, each earns a profit of zero. Find the sum of S's profit and B's profit by the transaction price formed when S and B's bargaining power is 50:50.Question 1.Assume there are only two art auction companies who account for 100% of all the sales of 19thCentury impressionist master work paintings in the world. Assume that each company buys thiskind of painting and then resells the paintings at monthly auctions. Ignoring the question of anylaws that might apply, describe what economic arrangement would maximize the twocompanies’ total profits? Show with supply and demand curves what profit they would makefrom this arrangement and what societal welfare loss, if any, results from it.true or false: a horizontal merger will not be allowed to proceed if it does not create savings in marginal costs, because the total surplus will fall as a result of the merger Please do fast ASAP
- Aside from assigning a skilled negotiator, the primary challenge to a successful collective bargaining pricing systemis ensuring that participants stay within the group and abide by the group pricing decisions. a. Trueb. False16-1 Newspaper Bargaining Two equal-sized newspapers have an overlap in circulation of 10% (10% of the subscribers subscribe to both newspapers). Advertisers are willing to pay $10 to advertise in one newspaper but only $19 to advertise in both, because they’re unwilling to pay twice to reach the same subscribers. What’s the likely bargaining negotiation outcome if the advertisers bargain by telling each newspaper that they’re going to reach an agreement with the other newspaper, so the gains to reaching agreement are only $9? Suppose the two newspapers merge. What is the likely post-merger bargaining outcome? these would be most advantageous from a bargaining position?Let’s assume that in California a corporation that produces electricity controls the market where its electricity is purchased and sold, then it would most probably Group of answer choices have legal protection to prevent copying its methods of production for commercial use. cut production, raise prices and realize positive economic profits. have a patent giving it exclusive legal rights to make, use, and sell for a limited time. export its product to other countries.
- 1) Suppose the marginal cost of contract provisions is MC = 2Q where Q is the quantity of contract provisions in given contract. The marginal benefit for a contract with a suppliers is MR = 60-Q. The buying firm does not want more than 25 provisions in the contract. What is the optimal number of contract provisions? a. none of the available options. b. 0 becuase the firm will vertically integrate. c. 20. d. 15. 2.) Reconsider the question above. If COVID 19 is causing increased uncertainty in the suppliers ability to provide what the buying firm wants, the MB of contracting increases to MB = 78-Q. The resulting number of provisions will now be a.0 because the firm will vertically integrate. b. 13. c. 26 d. none of the available options.Hello my dear tutor! I just want to ask for help whether the answers in the given pictures are correct. If it's not, please help me recheck and resolve it. Please refer to the given pictures below for the answers. After verifying the given answers shown in the subsequent picture. PLEASE TALLY AND FILL UP AND PROVIDE THE NECESSARY INFORMATION FROM THE TABLE BELOW. Answer also number 2. NOTE: Type only your answers. Please do not handwritten your answers. 1.) Fill-up the following table relating to monopoly operations and regulations given the following total cost and inverse demand functions: No Regulation MC-Pricing (MC = P*) w/ Lump Sum Tax (T = 75) w/ Specific Tax (t = 10) Profit Equation Q* P* TR at Q* TC at Q* Profit at Q* Tax Revenue Consumer Surplus Producer Surplus…Government should regulate mergers between firm's give reason in favor and against this statement
- Please see attached. The question is: If south africa increased its production by 1,000 diamonds while russia stuck to the cartel agreement, south africa's profit would Increase or decrease to $ _____________.16-1. Two equal sized newspaper have an overlap in circulation of 10% (10% of the subscribers subscribe to both newspaper). Advertisers are willing to pay $10 to advertise in one newspaper but only $19 to advertise in both , because they’re are unwilling to pay twice to reach the same subscribers. What’s the likely bargaining negotiation outcome if the advertisers bargain by telling each newspaper that they’re going to reach an agreement with the other newspaper so the gains to reaching agreement are only $9? Suppose the two newspaper merge. What is the likely post merger bargaining outcome?Juan Valdez, a coffee farmer in Colombia, sells his coffee to Cafe Emporium, a U.S. firm which specializes in gourmet coffee blends. a. What must be true of this arrangement? Which sentence is true? Juan believes he is better off with this contract, but in reality, the wealthy American buyer is taking advantage of Juan's naiveté. When Juan and other farmers in Colombia sell their coffee beans to foreigners, their nation as a whole gains in the long run, as countries gain from trade. While this arrangement is good for Juan, he would be better off if the government had negotiated the contract for him because the government could have gotten a better price. Juan and other farmers in Colombia who make such transactions are made better off as a result. b. What can be inferred from the fact that Juan has voluntarily entered into a contract with Cafe Emporium? Which sentence is true? Juan is earning zero economic profit selling coffee. Juan has…