The following graph shows the daily market for extra-large cardboard boxes in New York City. Fill in the price and the total, marginal, and average revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day. Quantity (Boxes) Price (Dollars per box) Total Revenue (Dollars) Marginal Revenue (Dollars) Average Revenue (Dollars per Box) 0 0 1 2 3
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The following graph shows the daily market for extra-large cardboard boxes in New York City.
Fill in the price and the total, marginal, and average revenue Vesoro earns when it produces 0, 1, 2, or 3 boxes each day.
Quantity (Boxes) |
Price (Dollars per box) |
Total Revenue (Dollars) |
Marginal Revenue (Dollars) |
Average Revenue (Dollars per Box) |
0 | 0 | |||
1 | ||||
2 | ||||
3 |
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- 6T Demand for Milk in Smalltown IISA Fill in the Blank Question Refer to the graph as shown. If the price of milk is $2 per gallon, then th consumers would be willing to purchase gall of milk per day. (Enter a number in the blank.) Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Need answer asap. Consumer surplus? A limited edition package is sold only to 200 customers for $130 each. The average value of the package for the 200 customers is $280.Many people including retailers, hawkers and consumers buy their fresh produce at one of the National Fresh Produce Markets (NFPMs) in South Africa. Most of the fresh fruit and vegetable producers supply their products to these Fresh Produce Markets. Ms Hanna regularly buys her potatoes on the Johannesburg Fresh Produce market. Every time she buys her potatoes, the price of a 10 kg bag of potatoes is different. The price of potatoes varies daily because…. a) there is intervention from the government
- If the price of fuel needed to fly aeroplanes increases and consumer incomes also increase what can be said about the market for traveling abroad on holiday? a)More people will fly aborad b)Flights will become more expensive, unclear whether more/less people will fly c)Flights will become more expensive and less people will fly d)Flights will become more expensive and more people will flyThere is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed in the attached table. Assume the tenants have the right to be free of loud music enforced through a property rule. If transaction costs were $90, split between the bar owner and the tenants, how many bands would play? What would social welfare be? A) Two bands would play and social welfare would be 75. B) Two bands would play and social welfare would be ‐25. C) No bands would play and social welfare would be zero. D) No bands would play and social welfare would be ‐90. E) One band would play and social welfare would be 25.There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed in the attached table. If the tenants have the right to be free of loud music enforced through a property rule, how many bands will play in Rock‐n‐Roll Bar on a Saturday night? A. Zero B. One C. Two D. Three E. It depends on transaction costs
- There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed in the attached table. Assume the bar owner has the right to hire as many bands as she likes. If transaction costs were $90, split between the bar owner and the tenants, how many bands would play? What would social welfare be? A. Three bands would play and social welfare would be ‐100. B. Two bands would play and social welfare would be 75. C. Two bands would play and social welfare would be ‐15. D. No bands would play and social welfare would be 0. E. Three bands would play and social welfare would be ‐190There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed in the attached table. Assume the tenants have the right to be free of loud music enforced through a property rule. If transaction costs were $90, split between the bar owner and the tenants, how many bands would play? What would social welfare be? A) Two bands would play and social welfare would be 100 B) Two bands would play and social welfare would be 75 C) No bands would play and social welfare would be -15 D) No bands would play and social welfare would be 0 E) One band would play and social welfare would be -190There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar like to listen to rock‐n‐roll music, and they love live bands. If the bar owner brings bands in to play music on a Saturday night, she will make a lot of money. However there are tenants in this building who get annoyed by the loud music. The benefits/costs to the owner/tenants of having zero, one, two or three bands on a Saturday night are listed in the attached table. Does the number of bands playing on a Saturday night depend on how many tenants there are in the building? (Assume that the costs described in the table above refer to the total costs to tenants, not the cost to each tenant.) A. Maybe, due to possible transaction costs B. No, since they see the owner often and it is easy to negotiate C. Yes because it makes an agreement harder to enforce D. No, due to the free‐rider theory
- Economics **Please help** (with your approach to the answer) The company Paradis Inc. produces bicycles and its annual production reaches 50 000 units per year. It purchases wheels from an outside supplier at a cost of $15 each. The ordering costs are $500 per order while the annual storage costs per wheel are $2. The selling price of each bicycle is $200. Draw the curve to determine the economic quantity to be ordered.A publishing house is using 400 printers and 200 printing presses to produce books. The printers' wage rate is $20 and the price of a printing press is $100. The last printer added 20 books to total output, while the last press added 50 books to total output. In order to maximize the number of books published with a budget of $28,000, the publishing house should use more printers and fewer presses because the last dollar spent on a printer yielded more output than the last dollar spent on a press. should use more printers and fewer presses because printers cost less than presses. should use more presses and fewer printers because the marginal output of the last press was more than the marginal output of the last printer. should continue to use 400 printers and 200 presses. should use more presses and fewer printers because the last dollar spent on a press yielded more output than the last dollar spent on a printer.What would be the likely impact of an increase in the price of petrol on the market for pizzas in Sydney. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.