The quantity that maximise total surplus (the sum of consumer and producer surplus) is__? Because of ABC’s monopoly status, consumers pay an additional unit price of__

Q: Complete the following table by using national income accounting identities to calculate national…

A: Savings: It refers to the income of the people which is not used by them for purchasing goods and…

Q: amount of money invested today at 15% interest can provide the following scholarships: P30000 at the…

A: The present worth formula is PV=FV/(1+i)n , where you divide the FV by a factor of 1 + i for every…

Q: 2. A monopolist faces the demand curve p=250-2q and its total cost function is given by TC=F+ 10q,…

A: Profit maximization occurs at the point where the marginal revenue and marginal cost are same.

Q: There are two firms competing in the market for Airplanes - Boeing (B) and Airbus (A). The market…

A: In the mentioned question we have been given about the market for Airplanes in which there are two…

Q: A manufacturer estimates that its product can be produced at a total cost of c(x)=40,000+100x+x^3…

A: Profit is maximized where the MR=MC. or profit function is differentiated and put equal to zero.

Q: What is inflation and its causes?

A:

Q: 3. The consumption function Suppose that national income in a country is $300 billion, taxes paid by…

A: Given  Income Y=$300 billion Taxes T=$100 billion Household consumption C=160 MPC= 0.6 We have to…

Q: Half of the used cars for sale in a market are good and the other half are lemons. Owners of good…

A: The measure that depicts the level of output at which the demand for a good is equal to the supply…

Q: 008, the Federal Reserve began paying interest on reserves held by banks. The interest rate they…

A: Federal reserve: The U.S. focal financial framework — the Federal Reserve, or the Fed — is the most…

Q: se the linear demand curve shown below to answer the following questions.   a.         The point…

A: The elasticity of demand measures the responsiveness of change in demand as per the changes in the…

Q: Sarge's Lawn Mowing Service is a small business in a perfectly competitive market. The prevailing…

A: In the mentioned question we have been asked about the perfectly competitive market and ask about…

Q: Currently, interest rate on euro is near zero while the (Fed Funds) interest rate on dollar is about…

A: The forward conversion scale is the pace of trade, settled upon now, for an unfamiliar trade market…

Q: When sellers expect the price of allergy medicine to fall in the future, today in the market for…

A: Supply curve shows different levels of quantity supplied at different prices.

Q: A firm's production function is given by Q=40K L Each unit of capital costs $40 and each unit of…

A: Given  Production function: Q=40K0.8L0.2              (1) Price of labor PL=$80  Price of capital…

Q: If government tax policy requires Bill to pay $20,000 in taxes on annual income of $200,000 and Paul…

A: Given: Amount that Bill has to pay as per the tax policy = $20000 His Annual Income = 200000 Amount…

Q: Explain how equilibrium price and quantity in a perfectly competitive market maximize social welfare…

A: A perfectly competitive market has large number of buyers and sellers of a good or service. Since…

Q: A monopoly drug producer that has a constant marginal cost of $1 sells in only two countries and…

A: Monopoly firm is the singke seller which sells the product to the large consumer and charge higher…

Q: The market demand function for birthday cards in Greenwich Village is: P = 100 − 10Q. The total cost…

A: Price discrimination means charging the different price from the consumers for same quantity of…

Q: Explain walking inflation

A: Definition of inflation : The rate at which prices increase over a specific time period is known as…

Q: Demand is given by QD=620-10p and supply is given by QS = 100+ 3p. What is the price and quantity…

A: According to the question, the demand equation is:- QD=620-10p And the supply equation is:-…

Q: A certain property is being sold and the owner receives two bids. The first bidder offered to pay P…

A: The measure that depicts the current stream of income flows being discounted at a specified rate is…

Q: Q40 If the unemployment rate in 2019 was 5% and was 6% in 2020. The Philips curve function is in the…

A: The Philips curve establishes the inverse relationship between the inflation rate and the…

Q: What amount of money invested today at 15% interest can provide the following scholarships: 30 000…

A: The measure that depicts the value of current income flows being discounted at a specified rate of…

Q: What is the number of periods that a capital of $500 invested at a rate of 10% will rise to $3.5007

A: Future value [FV] = 35007 Present value [PV] = 500 Interest rate [r] = 10% Number of periods [n] =…

Q: What is produce.?

A: Let's think about the first issue: which goods should be produced, and in what quantities? Producing…

Q: Exhibit: Rental Price of Capital Real rental price, R/P R/P R₂/P R/P R4/P Rs/P A a. R₁/P. O b. R₂/P.…

A: "Capital market equilibrium is depicted at a point where demand for capital stock equates the supply…

Q: Assume you are the manager of a firm that produces a unique pair of rainbow shorts. Based on the…

A: Profit maximising condition brings the producer at equilibrium point where MC= MR .

Q: Gordon Inc. has a number of copiers that were bought four years ago for $20,000. Currently…

A: In the United States, the depreciation method utilized for tax reasons is called the modified…

Q: The (2 factor,2good,2countries) Heckscher-Ohlin model is based on neoclassical production functions…

A: Introduction Primarily work has started on H-O theory in 1919 by Hecksher and then Ohlin added it in…

Q: Assume that a pound of blueberries costs $2. Usually, James purchase 30 pounds of blueberries in one…

A:

Q: For a given company: (1) Compute the PV of a preferred stock that pays, in perpetuity, an annual…

A: Introduction this numerical question related to.the present value of perpetual bond and stocks.

Q: TRUE OR FALSE? An increase in price tends to make consumer buy less and sellers to sell more. A…

A: The economic theory of supply and demand seeks to explain the link that exists between the…

Q: Given the utility function Log Y = 0.42logX1 + 0.58logX2 Find the demand function

A: Given  Utility function logY=0.42logX1+0.58logX2         .... (1) Let the price of good 1 and good 2…

Q: Consider the economy of Citronia, where citizens consume only oranges. Assume that oranges are…

A: The measure that depicts the charges that are levied by government on goods and services being the…

Q: "Unemployment is defined as a state of wo ssness for a person who is fit and willing to ork at the…

A: "A person who is able and willing to work at the going rate of pay is said to be unemployed. It is a…

Q: The market demand function for birthday cards in Greenwich Village is: P= 100 - 100. The total cost…

A: In first degree price discrimination firm charge the price that a consumer can pay which is…

Q: Why does bundle A in the figure below not maximize the agent's utility? 15 Y 10 5 0 A B 2 D 10

A: Utility maximization occurs where the marginal rate of substitution is equal to the slope of the…

Q: An industry has two firms: a Stackelberg leader and a follower. The inverse mark 36 - q, the leader…

A: Given information: There are two firms, i.e., firm 1 and firm 2 Firm 1 is a leader firm and firm 2…

Q: For the production function Q(K, L)= K0.25 0.75 the marginal product of labor is: 0.25K- OK.25 -0.25…

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Q: 2. JetBlue and Delta are the only two major airlines with regularly scheduled service between New…

A: In the field of game theory, the term "Nash Equilibrium" refers to a notion that describes any…

Q: Which of the following statements regarding the Hotelling rent is current? a. It reflects the…

A: Introduction Hotelling rule, posits that owners of non renewable resources will only produce basic…

Q: X Segment has excess capacity. It produces product X at total product cost of 100 (includes 20 FC).…

A: Given information Excess capacity occurs when a firm is producing before the long-run optimum level.…

Q: rve Game g art Long 0,1 1,0 Player 2 Short 1,0 0,1 to the figure above. The one-period Nash equil…

A: A game is an abstract representation of a tactical situation in which players must make tactical…

Q: 1. The aggregate supply (AS) - aggregate demand (AD) model can be used to analyze short run economic…

A: In economics, understanding the differentiation between the short run and the long run is critical.…

Q: Continuing from the previous questions where you are a manager of a firm is the exclusive…

A: The relationship between the quantity of a commodity that is wanted and its many determinants is…

Q: Determination of Equilibrium Level of Employment by The aggregate demand price and aggregate supply…

A:

Q: Consider two countries with the following characteristics. Country Yin has no restrictions on bank…

A: The more a market is free from the grasps of the government, the more better it is likely to perform…

Q: Analyze the use of the worlds resources to achieve sustainability and equitable distribution at the…

A: Sustainable development refers to the development of a nation without harming the environment and…

Q: In-country 2, each month everyone is sent $7000 by the government, and no one can earn anything…

A: American political philosopher with liberal leanings, John Rawls. According to his interpretation of…

Q: . Explain briefly one the objective of national income accounting and balance of payment.

A:

Product and Price Bundling

Product and price bundling is used as a marketing strategy by businesses, where complementary products and services are combined and sold as a package deal. This bundled price is usually less than the total price of the individual products if they were to be sold separately. When bundled and sold, each product is sold at a reduced price. Using a price bundling strategy helps increase the average revenue per user and also increases the engagement with the user. This happens as the perceived value of the bundled products is more than the individual products.