What is the Average Variable Cost if the firm produces 17 units

Q: Question 20, Warm-Up 1-1 (static) Part 1 of 3 Ann and Jack have been partners for several years. The...

A: The above question is based on the forms of business enterprise in which the above situation seems t...

Q: If provinces were legally bound to have annually balanced budgets, they would likely: Select one:  ...

A: In an economy, balance budget refers to the situation when an individual, firm or the government has...

Q: A man deposits P 1,000 at the end of each month for 3 years at a nominal rate of 12% compounded mont...

A: Given, Nominal rate of interest (r) = 12% compounded monthly   For finding the effective interest ra...

Q: Which of the following would most likely shift the production possibilities curve outward? O 1. a de...

A: The curve that depicts the combination of goods that could be purchased with the given resources and...

Q: Maintenance costs for pollution control equipment on a pulverized coal cyclone furnace are expected ...

A: Here we need to calculate the present value of a future amount.   So, the formula is.    PV = FV * [...

Q: 6. We have the production function, Q= f( K,L). Factor prices are r and w respectively and the produ...

A: Introduction we have a production function given as Q = f(K,L) Factor prices of the production funct...

Q: 2.) "When deciding how many toppings to get on my pizza, I chose the number of toppings so that the ...

A: "Correct answer is option d) i.e. making decisions on the margin."

Q: 3. Consider a home energy storage (battery) system that can store up to 2 units of energy. At every ...

A: a)

Q: Economic profit is

A: To find : What is economic profit 

Q: A firm earns economic profit when total profit exceeds

A: To find : When firm book profit

Q: You are to share with the audience examples of domestic and international movement of goods. Provide...

A: Introduction Suppose 300 cases of pharmaceutical products has produced by Pfizer. One box is equal t...

Q: QUESTION 4 Suppose the real GDP in a fictional economy currently equals to 160 million USD, the pote...

A: According to the above mentioned question we have:- Equilibrium level of GDP = 160 million Potential...

Q: How are public colleges and universities respondingto budget cuts?

A:   Meaning of Government Debt: The term government debt refers to the situation under which the gover...

Q: You are given the following information about an economy:                                           ...

A: Answer is given below

Q: If the economy were encountering a severe recession, such as the Great Recession of 2007-2009 or the...

A: If the economy were encountering a severe recession, such as the Great Recession of 2007-2009 or the...

Q: The coconut oil demand function (Buschena and Perloff, 1991) is Q = 1,200 - 9.5p + 16.2 pp + 0.2Y, w...

A: Put p=45, Pp=31 and Q=1,275 in Q = 1,200 - 9.5p + 16.2 pp + 0.2Y to get Y: Q = 1,200 - 9.5p + 16.2 p...

Q: Each country has its own customs and traditions that determine business practices and influences how...

A: All societies have their own customs and restrictions. Advertisers really must find out about these ...

Q: In the short run, a rise in the federal funds rate shifts the a. AD curve leftward. b. SAS curve...

A: When product or any kind of service is manufactured, cost  takes place and process of business follo...

Q: You own a zero-coupon bond that will pay 10,000 in two years. The interest rate from 2021 to 2022 is...

A:

Q: hat is a basket of goods? Explain how it is selected.

A: The "shopping baskets" of items utilized in aggregating the various measures of consumer price infla...

Q: 23. Economic profit is A. O Part of total cost B. O Total revenue minus total cost C. O Total revenu...

A: The money that is being gained by the business through conducting its operations after all expenses ...

Q: TRUE OR FALSE  8. It is really important to observe the specifications prescribed by the NEDA in th...

A: Since you have posted multiple questions, we will answer the first two questions for you. If you wan...

Q: “ ANTHONY GUERRERO’S DILEMMA” When it comes to being a machinist, Anthony was a true craftsman....

A: The entrepreneurial characteristics of Anthony that may be important to his success 1. a sense of cu...

Q: Using the 3-equation model provide a detailed period by period description of the adjustment proces...

A:

Q: FIGURE 13.2 Efficient Sustainable Yield for a Fishery Benefits and Costs of Fishing Effort (dollars)...

A: 1. For a given fish stock, the maximum sustainable yield (MSY) refers to the highest annual catch th...

Q: He described economics as a science of material welfare

A: To find : Who describes economics as science of material welfare 

Q: 10. The Solow model tends to over-predict income per person in poor countries. *

A: Introduction Solow model focus on long run growth. The main component of the model are saving and in...

Q: e Cobb-Douglas production function Y = AKO.3L0.7 is a(n) production function, if A, K A. constant-re...

A: Constant returns to scale occurs when increase in all factors of production leads to same proportion...

Q: 24. Shareholders start to sell off their assets. What could this indicate? A. The economy is in a st...

A: Existing shareholders who sell shares through underwriters in private placement offerings absolved f...

Q: The goal of this question is to have you use a model to determine the socially optimal provision of ...

A: Introduction 1 free to air signal is a public good or not? yes it is a public good. 2 If free to air...

Q: The following diagram shows supply and demand in the market for laptops. Use the black point (plus s...

A: The markets are the place where the buyers of the products tend to interact with the sellers of thes...

Q: What are the four stages of the business cycle? Describe each stage.

A: Business cycle refers to ups and downs of the economic activityies.  

Q: 2.If, in the formal work sector, the unemployment rate is 20%, and the wage is $10/hour, what is the...

A: Answer -  

Q: In a given market, a competitive equilibrium is described by A) a price only. B) a quantity only. C...

A: In a competitive market there are many buyers and sellers. Demand curve slopes downwards while suppl...

Q: The market for drones is perfectly competitive. Assume for simplicity that fractions of everything, ...

A: The average total cost is calculated by total cost divided by the total quantity produced.  ATC = TC...

Q: How can the business sector affect the economy

A: Business Sector of the economy involves manufacturing, production, buying and selling of products an...

Q: Newspapers reported that median income Increased by 4.2% and at the same time visits to the museum h...

A: Answer is given below

Q: 16.) Suppose that a demand curve passes through the points (4,$4.00) and (8,$2.00). What is the pric...

A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...

Q: Your mom wants to invest in a project that costs $10,000 today. twill produce a cashflow of $12,000 ...

A: Given  Initial investment =$10,000 Cashflow at the end of the year =$12,000 Rate of interest r=10%

Q: I have four pairs of socks to be hung out side by side on a straight clothes line. The socks in each...

A: The correct option is D. It is assumed that socks of the same colour are indistinguishable. The numb...

Q: Distinguish between different types of financing available to sport organizations

A: Answer -

Q: In the context of the monetary approach to the determination of the exchange rate, what is the effec...

A: The monetary approach with respect to the exchange rate needs, in the flexible should focus on the d...

Q: substitution effect: Suppose the price of sausage doubles, the substitution effect will lead her to ...

A: Consumers choose the goods according to the price and their budget constraint, if the price of goods...

Q: Charlie has a project for which he had determined a present worth of $56,620. He now has to calculat...

A:

Q: YOur answers are S ng Time: 51 minutes, 21 seconds. an Completion Status: 6. 7 9. 10 Moving to anoth...

A: Elasticity of demand measures the responsiveness of quantity demanded with respect to change in pric...

Q: farmer grows a bushel of wheat and sells it to a Miller for $20.00. The Miller turns the wheat into ...

A: a. GDP refers to the money value of all final goods and services that are produced within the countr...

Q: Year | price of meat | price of bread (per Kg price of gas (per lt) housing price (monthly rent of 1...

A: Given:- Basket consist= 40 kg meat, 50 kg bread, 400 It gas. To calculate:- Inflation rate based on ...

Q: Suppose there is a decrease in supply in a market where the supply curve slopes upwards and the dema...

A: 4. When there is decrease in quantity supplied and the supply curve slopes upward with respect to pr...

Q: In the ADT/ASI model, the equilibrium inflation rate is O a. The target inflation rate O b. The rate...

A: The ADπ/ASπ model refers to the representation of the goods market through mathematical and graphica...

Q: The human effort applied to the production of goods is called in economics

A: To find : What is human effort applied to production of good in economics