In the long run, average total cost is _____ average fixed cost for a non-price discriminating, profit-maximizing monopolist.

Q: iscuss various ways to handle property tax reform

A: Tax reform is usually carried out to increase the efficiency of tax administration. To maximise the ...

Q: monopsony labor market without min. wage monopsony labor market with "optimal" min. wage ME ME P2 Pa...

A: In a monopsony labor market, a sole or dominant employer exists in the labor market. It means the em...

Q: Given the following pair of demand functions. Determine the marginal demand function, the nature of ...

A: We have  The demand function for good a: Qda=20-2Pa-Pb        ... (a.1) “Since you have asked multip...

Q: OUTPUT TOTAL COST 40 1 49 57 64 4 70 77 6. 85 : The TVC of producing 4 units of output is : The AFC ...

A: "The total variable cost represented by TVC indicates the total of all the variable costs of inputs ...

Q: Analyse the Situational environments with example organization. (E.g. External such as PESTEL, Porte...

A: PESTLE are the tools that would make the company understand the competitive positions in the markets...

Q: . How did the pandemic affect the lives of working students? 2. What are the experiences of working ...

A: Pandemic basically refers to the situation when a diseases occurs in an country or multiple countrie...

Q: average product of c- units of capital and 5 are employed? whole number onlv

A: Production Function is given as                                           Q = 3K + 4L Average Produc...

Q: Refer to Figure 3-8. The graph in this figure illustrates an initial competitive equilibrium in the ...

A: The equilibrium is established where the demand and supply forces are equal. the change in the deman...

Q: Complete the table below to test your understanding of total, average, and marginal cost. The margin...

A: Following Formulas are important to solve the table: TC = FC + TVC TC = ATC/Q FC = AFC/Q TVC = AVC/...

Q: TD ULhon betwoen a normal and an infenior good is A. when income increases, demand for a normal good...

A: The above problem is based on two types of goods: Normal Goods Inferior Goods Normal goods are tho...

Q: what are two examples, of companies’ respecting the rights of employees and of companies’ failing to...

A: *Answer:  The company should pay to the employees the living best show that can support their famili...

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

A: Competition is frequently confused with rivalry. When there are two or more firms, there can be comp...

Q: Exhibit 15.3 S'm Sm Dm Interest rate in

A: Money demand (Dm) slopes downward, implying an inverse relationship between interest rate and quanti...

Q: Bozo is a clown. He wants to start a clowning business where he sends other clowns out to birthday p...

A: When there are 2 workers,Output (Birthday parties)=7When there are 3 workers,Output (Birthday partie...

Q: If $50,000 is deposited in a bank operating in a banking system that has a reserve requirement of 10...

A: Here, given information is: Deposited money: $50,000 Reserve requirements: 10% To find: total mone...

Q: What can you say about our Philippine money/ denominations? Do you think it possessed the all the ch...

A: The Philippine peso (currency code: PHP) is the country's official currency.The multicoloured notes ...

Q: With the help of a demand and supply diagram explain how q video showing worms in sausages will impa...

A: Demand is a very important concept in economics, used to determine the quantity demanded by the cons...

Q: Distinguish between voluntary and involun- tary disclosure (discovery) and discuss how they effect S...

A: According to the law of common law jurisdiction, discovery is referred to the pre-trial procedure wh...

Q: 4. What is the significance of the point where the marginal cost curve intersects the average total ...

A:

Q: In planning for your retirement, you would like to withdraw $60,000 per year for 12 years. The first...

A: Amount to be withdrawn = $60,000 Time period = 12 years  I = 10% per year

Q: Give 5 classifications of demand and give one example for each. (at most 2 sentences)

A:   Meaning of Demand and Supply: The term demand refers to the willingness of an individual to purcha...

Q: Discuss the global and local problems in the economy on why there us a lot of working students

A: An economy is defined as all activity in a given region that is connected to the production and cons...

Q: You are given the market demand function Q = 2000 – 1000p, and that each duopoly firm's marginal cos...

A: Given  Market demand function:  Q=2000-1000p         ... (1) The marginal cost function for each fir...

Q: 3. Consider the following Prisoner's Dilemma game played 7 times:

A: Given,  Two Players : Player 1 and Player 2Player 1 and Player 2 have three strategies : C, D and NT...

Q: 5. Give an example of a scenario where principal agent problem exists.

A: Asymmetric information occurs when there is unequal information between two parties. In this situati...

Q: Why should the government let firms share technologies with other firms to ensure an efficient econo...

A: National prosperity is made, not acquired. It doesn't outgrow a country's regular blessings, its wor...

Q: 1. The domestic demand (QD) and supply (Qs) for strawberries in Canada are given respectively by QD ...

A: Disclaimer: Since you have posted a multi-part question, I am providing you with the answer to the f...

Q: A man is considering investing P500, 000 to open a semi-automatic auto-washing business in a city of...

A: Future worth is basically the value of a current asset at a future date based on a projected rate of...

Q: Why is it essential for governments and businesses to have a better understanding of Indigenous nati...

A: Government and business have a greater power to influence the culture of the country. Every year bil...

Q: The first cost of machine is P 1,800,00 with a salvage value of P300,000 at the end of ts life of 5 ...

A: The digits of the years added together Because the capital is most efficient in the early years of i...

Q: In your own words, describe the difference between "old poverty" and "new poverty." VWhat national i...

A: Poverty is defined as a condition or situation in which a person or a group lacks the financial reso...

Q: What does the law of supply state? O Producers will produce or supply more of a good as the price of...

A:   Meaning of Demand and Supply: The term demand refers to the willingness of an individual to purcha...

Q: Relate the educational levels in the various categories to the process of industrialization.

A:   Meaning of Industrialization: The term industrialization refers to the process of economy empoweri...

Q: What will be the revenue deficit if the Revenue expenditure is $92 and revenue receipts are $61?

A: As in the given question, Revenue expenditure is stated as = $92 Revenue receipt are = $61 Revenue d...

Q: An existing robot can be kept if $2,000 is spent now to upgrade it for future service requirements. ...

A: Introduction Annual worth has calculated to check when we are using a particular machine then every ...

Q: effect did the recession of 2007–2009 have on government regulation?

A: The Great Recession was the sharp decline in economic activity during the late 2000s. It is consider...

Q: The average hourly wage of a sample of 150 workers in a plant 'A' was Dollar 2.56 with a standard de...

A:

Q: Explain how the concepts of B2B and B2C relate to supply chains. What is the economic order quantity...

A:

Q: Suppose that there are 40 firms in a market, each with the following cost function: C(q) = 44 + 3q²....

A: Given: C(q)=44+3Q^2 D(p)=1260-25p

Q: The table below lists the CPI and wage values for the United States from different decades.   a. C...

A: Real wages are nominal wages adjusted for inflation. Real wage denotes the purchasing power of the c...

Q: Fill in the following table, assuming that the firm pays a rent of $1000 and wages equal to $600 per...

A: Given:Rent (Fixed Cost)=$1000Wages (Variable Cost)=$600n per workerWe know,Total Cost= Fixed Cost+(N...

Q: RON T PAGE alifornians Vote to Triple Cigarette Tax acramento, CA-Californians voted to more than tr...

A:

Q: A committee of 4 people is to be appointed from 3 officers of the production department, 4 officers ...

A:

Q: Still using the graph on the left, shade and label the areas corresponding to the consumer and produ...

A:

Q: Which of the below is NOT an example of price discrimination? Select an answer and submit. For keybo...

A: In a market, price discrimination refers to when a seller charges different PR ces from different co...

Q: Who are the forerunners and father of Economics. Explain and discuss their contribution in the field...

A: The greatest economists of the history of mankind or the forerunners of Economics Galileo Galilei t...

Q: Problem 1 • Find the present worth of the following cash flow series at an interest rate of 10%. $26...

A: To find the present value of future cash flows, we discount the future cash flows with the interest ...

Q: Find the median wage of the following distribution : Wages (in $ ): 2,000-3,000 3,000-4,000 4,000-5,...

A:

Q: Portia owns and manages a sporting apparel company. Consider the given average cost (AC), ayerage va...

A: Average fixed cost = total fixed cost / quantity

Q: Which of the following is true (M = Money supply, cu = currency - deposit ratio, res = reserve - dep...

A: The money multiplier formula is given by: (1+cu)/(cu+res)