Suppose we have a product with the following conditions: The consumer's maximum willingness to pay is 8 A firm's minimum willingness to accept is 1 The market price is 7 a. What is the consumer surplus? CS = b. What is the producer surplus? PS = c. What is the total surplus TS =

Q: Qs Let the selling Price of a product is 200$ and the variable cost is 120$ and the Fixed Cost is…

A: Hi student Since there are multiple subparts, we will answer only first three subparts.

Q: Suppose the representative firm of the economy has a production function of the form F(K, N) =…

A: given   the economy has a production function of the form F(K, N) =AK^0.5N^ 0.5 . The marginal…

Q: B. What is the optimal product mix? (How many of each should be produced assuming you can sell as…

A:

Q: What will be Abado’s breakeven point in sales dollars  ?

A: Break even refers to the situation of no profit and no loss. At the point of break even, business is…

Q: Which of the following is not an assumption of the basiceconomic-order quantity model?A. quantity…

A: Economic order quantity or EOQ model is the equation that helps compute order quantity of inventory…

Q: Consider a market with the following supply and demand.  (It may help to draw a graph for these…

A: Solution-   External cost=$3 Efficient quantity= 500 Because External cost of $3 raises the supply…

Q: Assume an hypothetical consumer faced by the following utility function; U=X^2Y ( squared times y).…

A: Utility function : U = X2Y  Px = 4.2  , Px' = 4.8  Py = 4 , Py' = 5  We find the utility level at…

Q: What should be the unit selling price of its product to have a 20% return on investment?

A: Invested capital of the business means amount of assets and capital that is being invested. Every…

Q: Consider an industry with identical firms, each facing a demand Q = 60,000 x [1/n - 1/20 (p P )),…

A: The long-run is a span of time during which all production and cost parameters are changeable.…

Q: uct is public good, analy

A: Demand Function- Demand function is what describes a relationship among one variable and its…

Q: Suppose the wage rate is $10 and the rental rate on capital is $20. Consider the total cost line…

A: Solution- Vertical axis intercept=Total CostCapital Price…

Q: d) If the price level were to rise, the short- run aggregate supply curve in the next period will…

A: The Aggregate supply means total supply of products and services that organizations in a national…

Q: Calculate breakeven sales in DOLLARS, while achieving the ROS% target. (Rounding: penny.)

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Q: What are the optimal prices and profits for selling the goods seperately?

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: CALL PRICE STRIKE PRICE 910.10 1180.0 838.8 1200.0 which one is more expensive? why?

A: Call options are options that has obligation to pay/receive the difference between the stock prices…

Q: KE ENERGY FLA LL price in dollars

A: The answers to the given question are provided in the order below

Q: A stock’s returns have the following distribution:Assume the risk-free rate is 2%. Calculate the…

A: Prepare a table to calculate the expected return as shown below Resultant table Hence, the…

Q: For the demand function = 75 −p/2, calculate the point price elasticity at ? = 50

A: In this question we need to calculate point price elasticity at ? = 50

Q: decrease the selling price per unit by half. Assuming tha ffect on profit? e information in the…

A: Profit would remain unchanged.

Q: Consider a market with the following supply and demand.  (It may help to draw a graph for these…

A: Financial Management: Financial management comprises of two words i.e. Finance and management.…

Q: Supply and demand curves for a consumer item are give by q = (s(p)=500 + p and q = D(p)=2300-2p…

A: Equilibrium Point - It is a point where aggregate demand is equal to aggregate supply in the…

Q: ced quantity and realized price in a duopoly with firms A and B that is characteriz

A: Given a demand function P= 140-Q where Q= Q1+ Q2 MC=$ 20

Q: Suppose the demand functions for two products are q1 = f(p1, p2) and q2 = g(p1, p2) where p1, p2,…

A: Given  Demand function for q1 = f(p1, p2) Demand function for q2= g(p1, p2) where (p1, p2, q1, q2)…

Q: Which of the following statements regarding price elasticity is incorrect? A product with a…

A: Price Elasticity:Price elasticity refers to the calculation of changes in demand and price of a…

Q: 14.  If the fixed expenses of a product increase while variable expenses and the selling price…

A: CVP analysis is used widely in cost and management accounting to know the change in costs of the…

Q: what is the breakeven sales level in units?

A: Answer:   Option D.

Q: For a certain product, the linear demand curve is described by the equation, Quantity = 15,449 - 405…

A: PLEASE LIKE THE ANSWER  Answer: In case of linear demand curve, the equilibrium condition occurs at…

Q: 46. In periods of rising prices, LIFO will produce: a. higher net income than FIFO. b. the same net…

A: Hi student Since there are multiple questions, we will answer only first question. If you want…

Q: Price Quantity Demanded Per Month $5 $4 $3 $2 $1 60 80 100 120 140 Quantity Supplied Per Month 200…

A: 1. The correct answer is option - c) The equilibrium price is $3 and equillibrium quantity is 100…

Q: Consider a product market with three consumers A, B and C with demand function PA = 6 – QA, PB = 6 –…

A: Demand Function- Demand function is what describes a relationship among one variable and its…

Q: p = -0.2x2 + 160 d the quantity x (in units of a hundred) that the supplier is willing to make…

A:

Q: 20. If Q equals the level of output, P is the selling price per unit, V is the variable cost per…

A: Break-Even Point is a point where Total Cost is equal to Total Revenue. Contribution ( Sales -…

Q: Which of the following is not another way of describing the marginal propensity to consume? a.…

A: Slope of the consumption function would not describe marginal propensity to consume.

Q: To calculate the selling price when the cost and the percent of markup based on the selling price…

A: The difference between the selling price of a good or service and its cost is referred to as markup.…

Q: Q1) One of the industrial investors needed an analysis that would lead him to a break-even level…

A:

Q: The demand function for a certain commodity is given by the equation p = 16 -0.04x. Exercise (a)…

A: 1(a). P(x) =16 - 0.04x, x= 200 P(200) = 16 - 0.04 x 200            = 16 - 8            = 8

Q: Consider a firm with a forward-looking P/E ratio of 4, a discount rate R=10% and ROE=5%. Suppose the…

A: The following are the required formulas to calculate the plow back ratio (b):- Plowback Ratio (b)…

Q: You are an industry analyst that specializes in an industry where the market inverse demand is P =…

A: Note: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question…