The marginal cost of producing the xth box of DVDS is 15 + and the fixed cost is $100,000. Find the cost function C(x). 130,000 C(x) -

Q: What would happen to the budget deficit if the: a) GDP growth rate jumped from 1 percent to 3 percen...

A: The budget deficit refers to the difference between income and expenditure of government. Or it refe...

Q: Renejay's income from sales of tocino have been increasing by 10% for 8 years. If the sales in year ...

A:

Q: Define Say’s Law

A: Economics studies the way of economies work.

Q: What is the present value or price of a $150 annual perpetuity if the returns on similar contracts a...

A: Given; Value of annual perpetuity= $150 Discount rate= 7% Formula to calculate present value:-      ...

Q: A manager accepts the work submitted by his typist only when there is no mistake in the work. The ty...

A:

Q: In a perfectly competitivé märket! the market price is 28 Marginal cost (MC) = 2(Q) + 8 average tota...

A:

Q: 1. What are the 4 Policy tools of the Federal Res A. В. C.

A: The Federal Reserve System is the United States of America's central banking system. After a series ...

Q: Actions in violation of the law and rules cooperative. Explain and give example

A: The idea that cooperative legislation is critical for cooperative development is not new, but it has...

Q: a) Why can't the government run a budget deficit in a one- period macroeconomic model? b) Why are go...

A: Budget refers to the legal document of the government which accounts for the revenue of the governme...

Q: In the choice of mechanical equipment you are required to submit your recommendation as to which of ...

A: To determine the better cost effective option among the two , we find calculate the annual cost of b...

Q: 1) The total expenditure in Macroland begins with these initial levels (in trillions of dollars): GD...

A: Disclaimer: Since you have posted multiple questions, I am providing you with the answer to the firs...

Q: For the following cost function TC = a + bQ – cQ2 + dQ3, determine the equations for TFC, TVC, AFC, ...

A: Given: The cost function is:  TC = a + bQ - cQ2 + dQ3 To Find: The equations for TFC, TVC, AFC, AVC,...

Q: In relation to bargaining power with Buyers.   Explain each point: -They purchase a substantial p...

A: There are many factors that are related to the bargaining capability of the buyers. Many factors are...

Q: A person is receiving unemployment compensation. While the person is receiving payments, what must b...

A: Claim fraud can take the form of intentionally providing false information. The person continuing to...

Q: A guy on reddit has been tracking his daily body weight for the last 3.5 years.

A: Since the question you have posted consists of multiple parts, we will answer the first three questi...

Q: Mrs. Go make deposits that forms a geometric gradient that increases at 6% per month for 1 year. She...

A: We have given that the cash flow is geometric gradient series cash flow  where g =6% of g=0.06 First...

Q: If the AD shortfall is $800 billion and the MPC is 0.8, a) How large is the desired fiscal stimulus?...

A: Let's we have concider given data answer given  Shortfall =$800 billion  MPC = 0.8

Q: Briefly list and explain each of the eight main shortcomings of the capitalist, free-market capitali...

A: Owners of wealth, property, ability to traverse capital, or production ability in capital and financ...

Q: The mean weekly sales of the chocolate bar in candy stores was 146-3 bars per store. After an advert...

A:

Q: Suppose the Fed announces that it is raising its target interest rate by 75 basis points, or 0.75 pe...

A: Fed, the central bank of United States, is responsible for the growth of money supply in the economy...

Q: The mean yield for one-acre plot is 662 kilos with a s.d. 32 kilos. Assuming normal distribution, ho...

A:

Q: How do the economic sectors differ?

A: Economic sectors refers to various different sectors of the economy each dealing with different type...

Q: What is the relevance of productive and allocative efficiency to the growth process?

A: Economic efficiency refers to the state in which all the resources are optimally allocated to serve ...

Q: Tom's utility function is u(x,x,) = In(x,)+2 In(x,) and Sally's utility functic u(x,,x2) = min{x, } ...

A: utility function is an important concept that measures preferences over a set of goods and services....

Q: 1. Under what conditions and assumptions do markets maximize social welfare? 2. The maximization ...

A: here we answer the following questions as follow;

Q: ii. Explain three (3) non price determinant of demand for celery.

A: Non-Price Determinants of Demand states the factors which other than the price which can influence t...

Q: “The consumption function and budget constraints explained are useful elements in understanding the ...

A: In the study of economics, consumption function relates the consumer spending with other factor that...

Q: 8. Consider each table below. Is the data presented consistent with the Phillips curve model of wage...

A: The Phillips curve refers to the economic model that states an inverse relationship between unemploy...

Q: 11. Angela works farmland owned by Bruno. The diagram below illustrates their joint feasible frontie...

A: Bruno is a landowner, and Angela is a farmer who gives Bruno a portion of her grain harvest in excha...

Q: The marginal product of labor is A) output that does not meet quality specifications. B) total produ...

A: Marginal product refers to the addition in total product when one more unit of production is used.

Q: Why can welfare programs, if not managed correctly, create work disincentives?

A: Welfare is a concept that aims to support the poorest in our society so that they are able to meet b...

Q: 1. Find the output needed to maximise profit given that the total cost and demand functions are as f...

A: The profit is maximized where the MR =MC. or profit function is differentiated and equated with zero...

Q: explain why the basic framework of supply and demand is not sufficient to analyze the market for hea...

A: Supply and demand is a framework for explaining and predicting a good's equilibrium price and quanti...

Q: A country's Cobb-Douglas production function is as follows: Y= 5K^(1/2)L^(1/2). If this country has ...

A:

Q: Explain the discrimination coefficient.

A: The coefficient of discrimination, abbreviated R2, is a widely used regression performance indicator...

Q: A competitive firm has the short-run total cost function c(y) = 8y2 + 512. At what quantity of outpu...

A: Average cost is the per unit cost of production. It is minimized when rate of change in average cost...

Q: Most of the jobs that were added to the American economy over the past thirty years were in which of...

A: The phrase "blue collar" was coined because people who performed physical labour in the past wore bl...

Q: 2) Short Answer Using the following production and cost information for a firm in a perfectly compet...

A: Firms in perfect competition are price takers because there are many firms producing identical goods...

Q: A country's economy is described with the following parameters: Y=9000, G=1500, T=500, C=300+(1/2)(Y...

A:

Q: 25. The financial crisis resulted in bad economic conditions, but the financial crisis also had soci...

A: Disclaimer: Since you have asked multiple questions, I am providing you with the answer to the first...

Q: There is a malfunction in the braking system of a popular car. What is the Consumer Product Safety C...

A: The Consumer Product Safety Commission (CPSC) is a federal agency in the United States that protects...

Q: Several characteristics of capitalist economic systems are listed here. Indicate in the space beside...

A: In an economy, differ ideologies will lead to change the market behavior based on their assumptions,...

Q: Kelra's equivalent present water consumption in small laundry business is estimated to be P15,000. A...

A: The consumption function shows the positive relationship between disposable income and consumption. ...

Q: Refute this statement The future is big tech and that should be our focus, not small, unproven, bus...

A: Small scale industries refer to those industries in which production and manufacturing activities ar...

Q: Explain the impact of an increase in money supply in the short run and in the long run. Include a gr...

A: Currency and other liquid assets are included when measuring a country's money supply. Cash and depo...

Q: What can lead to a x-inefficiency for a regulatory agency?

A: According to conventional economic theory, the management of companies acts to maximise profits by d...

Q: 1. The table shows the total utility Joseph derives from eating pizza in the evening while study- in...

A: Given: Pizza Total Utility 0 0 1 30 2 48 3 60 4 70 5 78 6 80 7 76 Note: Due to...

Q: Keynes viewed consumption as an activity based on psychology. Briefly discuss how the work of David ...

A: Psychology-Law of Keynes: As per this view if income rises then the consumption level will not incre...

Q: Graph the market for loanable funds such that current national saving is at a level of $500 million ...

A: In graphing the market for lonable funds real interest rate  r  y-ax  and quantity of lonable funds ...

Q: Explain this two causes of unemployment

A: The two causes of unemployment are as follows: