Q: How much would the firm’s revenue change if it lowered price from $12 to $10? Is demand elastic or i...
A: Demand curve shows an inverse relationship between price and quantity demanded. Elasticity measures ...
Q: Why are good policies and programs important in states?
A: In different states, there are different types of government to manage the socio-economic activities...
Q: Per-unit production cost is: A) a determinant of aggregate demand. B) real output divided by...
A: Aggregate demand is composed of consumption spending, investment spending, government purchases and ...
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: To honor your instructor in ECON 310, you have decided at graduation to endow a professorship in eng...
A: The present value is the current value of the future sum of money. The formula for calculating the p...
Q: If the reserve ratio is 10% and excess reserves increase by $1,000, what is the maximum possible inc...
A: Answer: Given, Reserve ratio = 10% = 0.1 Change in excess reserve = $1,000 Change in deposits=deposi...
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: If the goverment wants to raise tax revenue and shift most of the tax burden to the consumers, it wo...
A: Tax incidence measures the burden of tax shares between consumer and seller. It depends on the pric...
Q: A firm is expected to pay a dividend of $1.35 next year and $1.50 the following year. Financial anal...
A:
Q: Explain how each of the following actions will affect the level of planned investment spending and u...
A: The correct answer is given in the second step.
Q: Regression Statistics Multiple R 0.971 R-Square A ...
A: In regression, the R-squared value is the goodness of fit. It is also described as the proportion of...
Q: The quantity of real GDP supplied decreases if the price level because it profits. .... O A. rises; ...
A: Real GDP is defined as the price of base year multiplied by the quantity of current year. Hence if t...
Q: What do you think is the significance of concept on foreign reciprocity?
A: International trade is a very important concept of economics which forms a very important part of th...
Q: The demand curve for prepaid internet services is given by Pd = 80 – 0.2Q and the supply curve is gi...
A:
Q: Price level (P) LRAS, LRAS2 SRAS,
A: Aggregate demand (AD) is the sum of consumption, investment, government spending, and net exports. ...
Q: When would consumers and producers experience increased difficulty in coordinating their plans
A: A consumer is someone who buys a thing for his or her personal use and consumes it.A customer cannot...
Q: Need proper explanation
A: Central bank is the head of all commercial banks. There are many responsibilities that the central b...
Q: D E F A 5, 4 2, 5 б, 5 В 4, 6 2, 7 4, 5 C 6, 3 3, 4 7, 3 Which of the following strategies are stric...
A: Answer: Strictly dominant strategies: a strictly dominated strategy always provides a greater payoff...
Q: Questions of the day: economics A man decides to deposit Dollar 2730 at the end of each year in a ba...
A:
Q: The distinction betwoen a normal and an inferior good is O A when income increases, demand for a nor...
A: Merchandise, supplies, raw materials, and finished products are all examples of goods. All goods tha...
Q: Nadia consumes two goods, food and clothing. The price of food is $2, the price of clothing is $5, a...
A: Elasticity of demand measures the responsiveness of quantity demanded with respect to change in pric...
Q: 4. (a) International trade makes all the consumers, the producers and the country better off. Why or...
A: Labor force refers to the sum of all the workers in a country at any point of time. It is the sum of...
Q: O $11.52 (1,152 cents)
A:
Q: Simple Regression Sales Revenue Year Product Price (P) (millions of pesos) 1 1.20 0.95 1.50 0.93 3 2...
A: Dependent Variable: Sales Revenue (y) Independent Variable: Product Price (x) Regression Equation:...
Q: 7. Suppose that over the last ten years, the economic productivity has been growing faster in Atlant...
A: Here, it is given that the economy of Atlantis grows faster than Latveria over the last year with eq...
Q: It costs 100, 000 pesos at the end of each year to maintain a certain portion of a highway. If money...
A: Given: The cost of maintaining a certain portion of a highway is = 100,000 pesos The money is worth ...
Q: The determinants of aggregate supply: A) are consumption, investment, government, and net expor...
A: Aggregate supply curve shows a positive relationship between price level and the real GDP.
Q: Suppose a small country initially imports 100 units of a good. Then it imposes a tariff of $5 that r...
A: A net welfare gain refers to the impact of a government policy, or a decision by firms, on total eco...
Q: pods was $2,129. onse as an index number rounded to one decimal place.)
A: The index number measures the relative change in the price level.
Q: ber of tons of brake assemblies received at an auto parts distribution center last month wa ast tonn...
A: Given that,
Q: E2
A: The inflation rate is the ratio of percentage change in the consumer price index of the current year...
Q: 1. April quit her job as an accountant at Ernst and Young, where she was paid $45,000 per year. She ...
A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and s...
Q: Go through the below visual and change it to tell a good story. Apply the story-telling techniques t...
A: The given picture represents the budgetary expenditure of India. It shows how India is spending its ...
Q: A project manager hires an agent to work on a project and the agent can work hard or not hard. If th...
A: Given information Probability of work hard with project success=0.95 Probability of not work hard wi...
Q: Assume that the demand curve is a straight line. If the price per unit of a good rises from $4.50 to...
A: Price elasticity of demand means percentage change in quantity demanded due to the percentage change...
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: US President Collin Hawkins is concerned about the economy. He orders the Treasury to issue direct s...
A: Answer: Citizens save 20% of their income. MPS marginal propensity to save=20%=0.2 (1). Multiplier=1...
Q: Soviet Unionlaunches the first satellite into space 1958 The US launches the first American satellit...
A: Thanks for posting the question but according to the guidelines, we answer one question at one time....
Q: E8. A newspaper reports that in the last 5 years, prices have increaseda total of 80%. This is equiv...
A: a) In the given problem we have to find the annual inflation rate that is compounded annually. b)Giv...
Q: A pole for an electric distribution cost P10k and is expected to last for 7 years before replacement...
A: Interest rate is the rate of interest that defines the saving function. It means as the interest rat...
Q: Price controls A increase economic efficiency. В benefit both consumers and firms. C result in ineff...
A: Price controls: - Price controls are the methods or the process of adjusting prices in an economy.
Q: Suppose that Bangladesh, a relatively poor, agricultural nation with a low level of technological de...
A: 1. The answer is - d. Enhanced flow of ideas
Q: Suppose that the first commercial bank has received an initial deposit of $5,000. Assume that there ...
A: "Since you have posted a question with multiple sub-parts, we will solve the first three subparts fo...
Q: Consider an economy where: The real rate of interest The nominal rate of interest 4.11% 7.09% Calcul...
A: Real Interest Rate = 1 + Nominal Interest Rate1 + Inflation Rate -1 Real interest rate = Nominal Int...
Q: 12. Imagine that you are the manager of a company considering direct foreign investment. What count...
A: 12) As a manager of a firm considering FDI, a person would choose the country with the lowest restri...
Q: When the Fed decreases the discount rate, banks are likely to their lending anc the money supply O A...
A: The answer is- B) increase, increases When the fed decrease the discount rate, banks are likely to ...
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: Refer to the figure below. +16 +12 +8 Consumption Investment is more volatile than consumption. Inve...
A: Introduction In the above diagram consumption and investment spending has given from 2000 - 08. a) c...
Q: What is the maturity date of a loan taken out on September 9, 1998 for 125 days?
A: The loan is taken out on September 9, 1998, for 125 days So maturity date of this loan will be 125 d...
Q: The probabilities of X, Y and Z becoming managers are 4/9, 2/9 and 1/3 respectively. The probabiliti...
A:
.
Step by step
Solved in 2 steps
- Pharmed Caplets is an antibiotic product with monthly revenues and Pharmed Caplets is an antibiotic product with monthly revenues and costs of:TR = $900Q – $0.1Q2 ………… TC = $36,000 + $200Q + $0.4Q2MR = ∂TR/∂Q = $900 – $0.2Q ……. MC = ∂TC/∂Q = $200 + $0.8QA. Set up a spreadsheet for output (Q), price (P), total revenue (TR), marginal revenue (MR), total cost (TC), marginal cost (MC), average cost (AC), total profit (π), and marginal profit (Mπ). Establish a range for Q from 0 to 1,000 in increments of 100 (i.e., 0, 100, 200, …, 1,000).B. Using the spreadsheet to, create a graph with MR, MC, and AC as dependent variables and units of output (Q) as the independent variable. At what price/output combination is total profit maximized? Why? At what price/output combination is average cost minimized? Why?C. Determine these profit-maximizing and average-cost minimizing price/output…PLEASE SOLVE WITHIN 20 MIN DO NOT USE AI DO NOT USE ANSWER FROM ANOTHER PLATFORM UNIQUE WITH ZERO Plagiarism thanks in aduvancSeastrand Oil Company produces two grades of gasoline: regular and high octane. Both gasolines are produced by blending two types of crude oil. Although both types of crude oil contain the two important ingredients required to produce both gasolines, the percentage of important ingredients in each type of crude oil differs, as does the cost per gallon. The percentage of ingredients A and B in each type of crude oil and the cost per gallon are shown. Crude Oil Cost Ingredient A Ingredient B 1 $0.10 20% 60% 2 $0.15 50% 30% Each gallon of regular gasoline must contain at least 40% of ingredient A, whereas each gallon of high octane can contain at most 50% of ingredient B. Daily demand for regular and high-octane gasoline is 800,000 and 600,000 gallons, respectively. How many gallons of each type of crude oil should be used in the two gasolines to satisfy daily demand at a minimum cost? Round your answers to the nearest whole number. Round the answers for cost to the nearest…
- Properlly explained correct and incorrect answewr Note:- Please refrain from offering handwritten solutions. Please ensure that your response maintains accuracy and quality to avoid receiving a downvote. Take care of plagiarism. Answer completely. You will get up vote for sure.The table below represents a particularconsumer’s evaluative criteria, criteria importance,acceptable level of performance, and judgmentsof performance with respect to several brandsof motor scooters. Discuss the brand choicethis consumer would make when using thelexicographic, compensatory, and conjunctivedecision rules.Q28 NOT GRADED THIS IS A PRACTICE REVIEW
- Activity‐based costing achieves more realistic allocation of overhead costs by associating these costs with: a. Activities that drive them. b. Activities under the direct control of the Board of Directors. c. Profit. d. Management activities.Victor plans to set up an online business selling software applications that he develops and supports. He believes that a price of $130 for his product including the technical support would be competitive. His monthly fixed expenses amount to $850. Victor would hire some college students to provide the technical support of the application paying them for 3 hours at $15 per hour for each client. a) How many clients does Victor need to acquire to break even? b) If he wants to achieve a target profit of $500 monthly, how many clients does he need?pls solve this ques within 10-15 minutes with clear explanations without any plagiarism or copying from any other platform I'll give you multiple upvotes.
- U.S. and international agencies provide policies andregulations to guide managers in product design,manufacturing/assembly, and disassembly/disposal.They include:a) U.N. Commission on Resettlement.b) World Health Organization (WHO).c) OSHA, FDA, EPA, and NHSA.d) EPA, ISO, and British High Commission.e) GHG Commission, UN, and ISO.What are the possible revenue structure of a Bio-Brick (product) Company? Here are the example Revenue Structure of a ecommerce Revenue Structure · Low margin revenue streams from retail ecommerce sales and fulfillment · Advertising · Marketplace commission · Transaction feesWrite an essay on "Role and impact of technology on new-age leadership." essay should be of 1200-1400 words.
