:On the CVP graph, the intersection between the total costs line and the Y axis represents The margin of safety a O The total fixed cost b O The profit area .c O The loss area d O None of the given answers .e O
Q: This refers to the percentage that allows the investors to be compensated for any loss in purchasing...
A: Inflation premium refers to adjustment in the real interest rate for the loss of potential purchasin...
Q: The sugar market has a supply curve with formula: Ps = 2 + 0.1Qs, and demand cuve: Pd 55- %3D 0.32Qd...
A: The elasticity of demand is the responsiveness of the quantity demanded due to changes in price.
Q: the demand curve for chocolate bars is downward sloping and the supply of it decreases, there is __ ...
A: Consumer surplus is the difference between the maximum willingness to pay and actual payment. Fall i...
Q: Suppose that the population growth (gN) is 3% p.a., technological progress is 0,001% p.a. (gA) and t...
A:
Q: Which of the following statements conceming the changes that occur is corret if you were to make a $...
A: Given: Deposit=$200 Reserve ratio=0.10
Q: Farmer Jones grows apples. The average total cost and marginal cost of growing apples for an individ...
A: A perfectly competitive firm is a price taker as there are many firms producing identical goods
Q: A given change in taxes shifts the aggregate demand curve by than an equal change in government spen...
A: We know that the Government Spending Multiplier = 11- MPC and the Tax Multiplier = MPC1 - MPC
Q: 1. Why might revenues generated from the tax fall short of expectations?
A: 1. We all have desires and needs. However, current incomes may not be sufficient to meet all of the ...
Q: what is the best example of negative integration and positive integration?
A: Economic integration:- Economic integration is a treaty among nations that typically means the elim...
Q: When an optimistic approach to concurrency control is applied, it is common for transactions to take...
A: Concurrency control Concurrency control is the practice of coordinating transactions that are being ...
Q: Find the maximum profit and the number of units that must be produced and sold in order to yield the...
A: We have given the revenue function R(x)=7x-4x2 .... (1) Cost function: C(x)=x3-5x2+4x+1 ...
Q: As of January 1, 2022, the population of the Philippines was estimated to be 112,321,991 people. Is ...
A: Employment means the people are working for getting a higher salary. It means as the higher salary i...
Q: Consider a numerical example using the Solow Growth Model, for 2 countries. Country A: d=0.1, s=0.3,...
A: Introduction Its answer is country B Income of country A is YA = K0.3 L0.7 Income of country B is YB...
Q: The demand function for a particular commodity is y 15e -x/3 for 0sxs8 where y is the price per unit...
A: Answer:
Q: Discuss this statement. "An understanding of the causes and consequences of performance ambiguity is...
A: A multinational corporation is a company that owns and manages the production of goods and services ...
Q: am trying to find the simplest way to solve the question if Im using a cas calculator) (Formulas an...
A: *Answer:
Q: Consider the game defined by the matrix: P= [-3 1, 4-3] 1. If row player uses strategy R1= [0.4 0.6]...
A: Given information Here player 1 is row player and player 2 is column player
Q: 11. The cement industry is an example of an undifferen. tiated oligopoly. The automobile industry is...
A: Production differentiation is the process followed by the firms to differentiate their products from...
Q: Imagine a pizza, with a question: How does each slice of pizza you consume impact your utility for t...
A: Utility refers to the total amount of satisfaction which the consumers receive from the consumption ...
Q: The idea of _________ in economics is that we have unlimited wants but limited resources. (A) Opport...
A: Answer: The right answer for the above mentioned statement is option : "B" Scarcity
Q: Please explain in simple words the environmental management and responding to climate change and ene...
A: The present state of the environmental crisis is such that focussed, intended frameworks are much ne...
Q: Market demand is Qd = 100 - p. Market supply is Qs = 4p. A competitive firm has MC = 2Q. How !3! !3!...
A: Equilibrium in the competitive market is reached where quantity demanded equals quantity supplied.
Q: Construct a set of contingency questions for usein a self-administered questionnaire that wouldsolic...
A: Contingency Questions are the questions, which depends on a particular response to the previous ques...
Q: The following figure shows the supply function of a firm. (The following is a description of the fig...
A: A surplus of producers is a measure of producer welfare if the firm sells q2.
Q: In an economy, under its monetary policy with floating exchange rates, when an Open Market Sale (OMS...
A: The effect of an economy's exchange rate on export and import prices influences aggregate demand, an...
Q: Consider the following data for an economy last year: Total population 383.52 million Part-time work...
A: NOTE: We’ll answer the first question since the exact one wasn’t specified. Please submit a new ques...
Q: Consider the Nash Bargaining game. There are 2 players who have to decide how to split one dollar. T...
A: Equilibrium in the market occurs where the price is equal to the marginal cost. It means the market ...
Q: How does the Central Bank spend it's
A: National banks influence the amount of cash available for use by trading government protections thro...
Q: Assume Standard Oil owns all the refineries in the US. What would be the price it would charge for k...
A: The markets are the place where the interaction of the buyers and the sellers take place. In the mar...
Q: We want to model the oil markets of the 19th century. And let the inverse demand for oil be P = 300 ...
A: In the monopsony market only one buyer and one seller. In this market optimal condition be determine...
Q: A demand function is given by: q = 3y+2y? -6p² - 5p-4 4. y>0 where q is quantity demanded, p is pric...
A: Answer:
Q: . The mercantilists maintained that: a. Trade benefits one nation only at the expense of another nat...
A: Mercantilists were of the opinion that the country should always be in a Trade surplus that is the e...
Q: 1. A factory produces 1,500 electric machines per annum. The variable cost per machine is Rs. 100. T...
A: Marginal cost is the change in total cost or total variable cost per unit change in output.
Q: D (p,q,m) = 10p-0.8q-0.5m1.1 %3D where p: price of good X,q: price of good Y (related good)and nd th...
A: Cross price elasticity of demand measures the percentage change in the quantity demand of good X due...
Q: A consumer is faced with the following utility function, U(x1 x2)=(xp1 1+xp2)1/p, where 0<p<1. The c...
A: Utility function : U(x1 , x2 ) = (xp1 1+xp2)1/p Budget Constraint : p1x1 + p2x2 = m Firstly we der...
Q: according to wray, why must the government spend before it collects taxes? Do taxes ans bonds financ...
A: Bonds is the instrument that is used for lending purpose. It is inversely related to the price of th...
Q: 1. Consider the utility function given by u (x1, x2) = x1x%, and budget constraint given by Pixi + P...
A: Given information U=X1X22 Budget constraint P1X1+P2X2=W
Q: What is the meaning of Public-Private Partnership as a policy strategy of the government for service...
A: Public sector refers to that portion of the economy which consists of levels of government and the e...
Q: odel without technological change overed in cture with a rate of population growth ero (i.e. n=0). A...
A: The growth pace of a worth (GDP, turnover, compensation, and so on) measures its change starting wit...
Q: In a market that allows free entry and exit, when does the process of entry and exit end for the typ...
A: New firms enter the market when existing firms are making a positive economic profit in the short ru...
Q: Explain how an increase in tax can reduce tax revenue of a government
A: Tax is the major source of revenue for the government. The major government spending is funded from ...
Q: Suppose some country had an adult population of about 25 million, a labor-force participation rate o...
A: Unemployment refers the no. of people who are willing to work at existing wage rate but are unable t...
Q: (1) A consumer's utility function is given by u (z_y) := z/2y/2 for any nonnegative z and y, represe...
A: Utility function : U = x1/2y1/2 Price of x = Px Price of y = c1 Income = m Budget Constraint will ...
Q: Where does the Central Bank's profit go?
A: Central Bank of an economy cab earn profit in terms of interest income as it provides loan to the co...
Q: Graph the following a. Flood destroys the rice crops. Demand remains constant. Show effects on marke...
A: a. Rice grows well when submerged in water, but if flood levels are high enough to submerge the ent...
Q: Consider a firm that produces output (y) using only two inputs (A and B). The firm has a perfect sub...
A: Two inputs are perfect substitutes when only one of them is enough to produce output.
Q: A diet for a sick person must contain at least 4,000 units of vitamins, 50 units of minerals and 1,4...
A: Introduction:
Q: True, False, or Uncertain A central bank that increases the money supply in its economy has more...
A: There tends to exist an inverse relationship between the interest rate of the market and liquidity l...
Q: small a small open economy, illustrate how a fiscal expansion (such as an increase in government spe...
A: Fiscal Expansion is defined as the government spending is higher than their revenue, this condition ...
Q: The use of named ranges, can not in any way, reduce flexibility, create complexity and potentially i...
A: When talking about named ranges, it is considered bas one of the tools when analyzing data or making...
Step by step
Solved in 2 steps
- Jenni has decided to start knitting during quarantine. She decides to open an etsy shop where she can sellknitted hats. Each hat costs $4.50 in materials to produce, in addition to the fee of $150 to license her shop.She plans on selling each hat for $24.50. (a) Write the cost, revenue, and profit equations for Jenni’s hat buisness. (b) Determine the profit if 13 hats are sold.(c) Determine thebreak-evenpoint.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…What relative importance should be placed on keeping safety systems operating as compared to maintaining other operations? (Note: From the reports onthis accident, there is no indication that Union Carbide skimped on safety tokeep production going. Rather, this is a hypothetical question.
- Only typed answer and please don't use chatgpt otherwise I downvote the answer Q = 12S1/2P-2. Q is number of newspapers sold and S is number of inches of news printed. The cost of reporting S units is $10S. The cost of printing one copy of the newspaper is $0.08, so the total cost of Q = $10S + .08Q. How many copies will be sold at the profit maximizing price when S = 100? Round (up) to the nearest newspaper.Over the course of a customer’s lifetime of reading a weekly magazine priced at $4 per issue, what is the value of the magazine? Assume a customer acquisition cost of $12, a retention cost of $0, printing and distribution costs of $1, an annual retention rate of 77% and an annual discount rate of 2.6%. Assume that price and non-marketing variable costs remain constant over the customer’s lifetime of reading the magazine. Options: A) 10.05 B) 30.50 C) 73.49 D) 14.20 E) 0.02 F) 261.25Select all statements that are true using the attached chart. A.)Breakeven is the quantity where TR - TC = 0 B.)The profit maximizing quantity of participants/bags is MR ≥ MC 300 C.) The profit maximizing quantity of participants/bags MR ≤ MC 400 D.) Using Qb = F/(MR – AVC) the breakeven quantity of participants/bags is 113 and 115 bags.
- The HR department is trying to fill a vacantposition for a job with a small talent pool. Validapplications arrive every week or so, and theapplicants all seem to bring different levels ofexpertise. For each applicant, the HR managergathers information by trying to verify variousclaims on resumes, but some doubt about fitalways lingers when a decision to hire or not isto be made. What are the Type I and II decision error costs? Which decision error is more likely tobe discovered by the CEO? How does this affectthe HR manager’s hiring decisions?It costs $1 million in R&D to develop a new diabetes treatment. The marginal cost of producing and marketing a treatment, once discovered, is $10. Suppose that Pfizer currently is selling a treatment that is covered by a valid patent, which is set to expire in one year. What is the most likely outcome of a proposed law that would allow generic drug companies to enter any market 5 years before the expiration of the patent covering it? A. More diabetics would use the treatment Pfizer invented, and drug companies would invest more in R&D for future treatments B. Fewer diabetics would use the treatment Pfizer invented, and drug companies would invest more in R&D for future treatments C. More diabetics would use the treatment Pfizer invented, and drug companies would invest less in R&D for future treatments D. Fewer diabetics would use the treatment Pfizer invented, and drug companies would invest less in R&D for future treatmentsRefer to the tables in Questions 2 and 3 to identify which of the below is correct. Select all statements that are true. Look at the two previous questions submitted please At the breakeven point TR - TC = 0 The profit maximizing quantity of participants/bags is MR ≥ MC 300 The profit maximizing quantity of participants/bags MR ≤ MC 400 Using Qb = F/(MR – AVC) the breakeven quantity of participants/bags is 113