the average variable cost curve. the marginal cost curve. the average fixed cost curve. the marginal revenue curve. ge tota cost curve will most resemble

Q: Consider a firm who sells output at p=10 and has a short run production function Q(L)=20L-L2. Its…

A: In this situation we have:- Q(L)=20L-L2 MPL=∂QL∂L=20-2L and  VMPL=P×MPL=wor 1020-2L=wor 200-20L=w…

Q: The transfer payment multiplier is smaller than the expenditure multiplier by the: O a. Transfer…

A: When talking about the multiplier impact of transfer payment and expenditure, it can be said that…

Q: How will the changes in the market affect the FIRM represented in Table 5-1 in Question 8 in the…

A: In a perfectly competitive market, the firm is a price taker as three are many sellers and many…

Q: Organizations want customers to be satisfied. Imagine you’ve been asked to estimate the relative…

A: Customers are anyone to whom a corporation sells goods, services, or experiences. Because customers…

Q: The estimated capital investment and the annual expenses) for four alternative designs of a…

A:

Q: The labor supply curve is fundamentally a representation of the trade-off people face between which…

A: Labor supply curve represents the relationship between the wage rate in the market  and total number…

Q: Suppose all banks have zero excess reserves. The Fed buys bonds for $1 million and a bond dealer…

A: Required Reserve Ratio is the proportion of deposits that any bank keeps with itself to meet the…

Q: How does control (as a management function) affect a foodservice business? How can we assess the…

A: Control (as a management function) affect a foodservice business: Control is an aspect of management…

Q: Is the heightened flow of people a unique feature of the current global era?

A: The flow of products and services has reached unprecedented heights. Global flows are creating new…

Q: Bertrand competition Model 20 ■ Substutable&Heterogeneous goods ■How to determine PÅ and PB? ■ price…

A: Introduction Here Akika is the massage machine with mommiko. And Bika is the massage machine with…

Q: Migration and income inequality is negatively related. Explain.

A: Inequalities can likewise result from expanded hindrances to movement, sporadic and problematic…

Q: at offers many advantages and you can purchase it for $145,000 today. It will be depreciated or 10…

A: The net present worth or net present worth applies to a progression of incomes happening at various…

Q: csonsider the following IS-IR-PC m = 99 - 0.2*r r = 3 pi = pi^e + 0.17*(Y-Y*) where Y* = 100 and…

A:

Q: Suppose Antonio has utility function over wealth given by Va (y) = √ and suppose Dillon has the…

A: The given function is:

Q: What are the obstacles and influences that affect the euro market?

A: The Euro, the European Union's new currency, entered into force on January 1, 1999. The Euro was…

Q: Marie has a weekly budget of $24, which she likes to spend on magazines and pies. 1) If…

A: In economics, a budget constraint represents all the combinations of goods and services that a…

Q: n analyzing risk levels among industries, studies have found that: a. risk levels vary among…

A: In analyzing risk levels among industries, studies have found that risk levels usually are different…

Q: 3. The towns of Sawyer and Thatcher each have a labor force of 1,200 people. In Sawyer, 100 people…

A: "Unemployment occurs in an economy if people are not working or without work but actively seeking…

Q: onsider the accompanying cash flow diagram represented below. Compute the equivalent annual worth at…

A: Annual Worth is the equivalent annual worth which represent the annual worth of the all income and…

Q: Question 36 Oligopoly differs from monopolistic competition in that Group of answer choices…

A: Monopolistic competition is a market structure in which there are large number of buyers and sellers…

Q: 1. Suppose the production function for automobiles is given by q = kl-0.8k² -0.21² where q…

A: “Since you have posted multiple questions with multiple sub-parts, we will solve the first question…

Q: a 3.00 0.10 20 Figure 9.6 shows an individual's demand curve for time per month spent…

A: Consumer surplus is the excess of what the consumer expected to pay and what he actually paid for…

Q: Consider the three small mutually exclusive investment alternatives in the table below. The feasible…

A: A B C Investment Cost 2000 8000 20000 Annual Revenue 600 2200 3600 n 5 5 10

Q: Economics In 2020 there was a sudden drop of market liquidity when lockdowns were first declared.…

A: During the era of year 2000 the return from the treasury bonds were low and at that time the…

Q: The Data of unemployment is given Below: * Unemployment popculation is 5.5 million * Participation…

A:

Q: In what sense is a competitive equilibrium a good or bad thing for a given economy?

A: When talking about competitive equilibrium, it is the situation in the market where many firms…

Q: Economists have several ways of defining what they mean by the "supply of money." Which of the…

A: So as per the economics money supply which is operating is known to be as the exact total value of…

Q: Homework (Ch 02) Suppose South Africa produces two types of goods: agricultural and capital. The…

A: Production possibilities frontier shows the combinations of two goods that can be produced with the…

Q: function Q(L)=20L-L2. Its wage rate function is w=40+2.5L

A: *Answer:

Q: Suppose the Government wishes to reduce the budget deficit by reducing public spending. (a) Assuming…

A: Monetary arrangement deficiencies, reflected as a degree of GDP, could reduce amidst money related…

Q: A P20,000, thirty-year bond that was issued 25 years ago with a bond interest rate of 4% per year,…

A: It is given in the question that The coupon rate is 4% per year. The Par value of the bond is 20000.…

Q: The data of unemployment is given below: - Employed population is 42.5million - Participation rate…

A: Labor force participation rate: - Participation rate is the percentage of the employed and…

Q: The derivative based strategy known as portfolio insurance involves a. the sale of a put option on…

A: When talking about derivatives, it can be said that these are the ways to make a contract at the…

Q: b) Explain how borrowing constraints can impede the process of consumption smoothing. If many…

A: In the short run, the simple Keynesian model assumes that goods prices remain constant and that the…

Q: The YTM on a three year bond is 5%. What is the average expected short rate over the life of the…

A: The yield to maturity (YTM) is the annual percentage rate of return on a bond if the asset is held…

Q: Max is thinking of starting a pinball palace near a large Melbourne university. His utility is given…

A: u(W) = 1 - (5,000/W), where W is his wealth. total wealth is $15,000. With probability p = 0.7…

Q: two timber companies, Alpha and Beta, have to decide whether to harvest timber from the North Hill…

A: The Nash equilibrium is a dynamic hypothesis inside game hypothesis that expresses a player can…

Q: Suppose that Portugal and Sweden both produce rye and wine. Portugal's opportunity cost of producing…

A: According to comparative advantage theory, a country is said to have a comparative advantage in the…

Q: In a given year , there are 10 million unemployed workers and 120 million employed workers in an…

A:

Q: The economy of Tuckerland has the following aggregate demand and supply schedules, reflecting real…

A: Equilibrium is achieved where Aggregate demand intersects Aggregate supply

Q: Explain how Lynk&co use the content of there website to indicate their value proposition to cus

A: A value proposition is the promise of value that a firm makes to customers if they choose to acquire…

Q: Question 2 Free entry means that Group of answer choices the government pays any entry costs for…

A: Free entry and exit generally exists in the market structure where there is high competition among…

Q: Which of the following is responsible for partial specialization existing? a. Increasing costs can…

A: Partial specialization takes place while nations have interaction in alternate with every other. It…

Q: Figure 1 Use this figure for questions 14-20. This figure shows costs for a firm in a perfectly…

A: Here, the given graph shows the information about a firm in the perfectly competitive market.

Q: Figure 2 30 23 20 15 10 0 9 12 Quantity 15 MR In order to maximize profits, the monopolist should…

A: A monopolist always maximizes profits and produces at that point where Marginal Revenue equals…

Q: Refer your answers to Questions 8- Please describe how the MARKET supply and/or demand curves will…

A: We have given that the market price is 8. At this market price, the firm produces 4 unit of output…

Q: Question 36 W Suppose that Y, VN, VK, and N1-N₂ (1+(Y/N, -yJ/y] where y, is the subsistence level of…

A: The aggregate level of output refers to the total output produced by applying the factors of…

Q: Economics Assume a country has presidential elections every three years. If a political business…

A:

Q: 1. There are 10 producers each with a cost curve C(q) = q². The demand curve is given by D = 2000 -…

A: In competitive markets with freely set prices, competitive equilibrium occurs when profit-maximizing…

Q: Solve for and fill in the missing portions of the following table to derive the monopsonist's…

A: Marginal physical product refers to the change in the level of output due to a change in the level…