what numbers from the chart would i use from the chart listed to plot a short run production curve in excel. Then list the numbers i would use from the chart to plot a short run marginal production curve in excel sheet. Please do not list formulas. please only numbers from the chart.

Q: You are the Director of your state's Department of Transportation. A railroad operating in your…

A: Cost refers to the expenses incurred or resources used up in order to produce or obtain something.…

Q: After the August 2019 primary elections in Argentina, foreign investors perceived increased…

A: Political risk refers to a type of risk to business interests due to the political change or…

Q: A good measure of the standard of a country's living over time is real GDP per capita total real…

A: Gross domestic product (GDP) measures the money value of all final goods and services produced in an…

Q: A general has the two possible pure strategies, sending all of his troops by land or sending all of…

A: According to game theory, a pure strategy is a clear-cut course of action that a player decides to…

Q: Covid-19 global economic pandemic has negatively affected economies as a whole at the global,…

A: The pandemic led to a reduction in economic activity, job losses, and a decline in consumer…

Q: In response to an overheating economy, the federal government engages in _____ fiscal policy, which…

A: Overheating refers to the inability of the productive facilities to meet the aggregate demand.

Q: Qa=99-2Pc + 1Psb - 2Pcm +0.19 Q₁ =30+Pc-1P-0.2P-0.4Pr

A: Demand Function: Demand is a function of the price Qd=f(P) Inverse Demand Function: Price is a…

Q: Afirm has an industrial plant that emits pollutants into a town’s lake. The plant’s marginal…

A: "Since you have posted a question with multiple sub-parts, we will solve the first three sub-parts…

Q: Health Econ 365 Part C Appalled by the answer to the previous questions, you set your scientist to…

A: Healthcare economics is the study of how resources are allocated and utilized in the healthcare…

Q: Consider the graph below. What is the slope of the supply curve? 8 7 Price ($) 5W32 L 1 A 0246 8 10…

A: In this case, we have to discuss the slope of the supply curve. Supply curve is one type of curve…

Q: Payday loans can have drawbacks because?

A: Payday loans are a type of short-term loan that typically have a repayment period of two weeks to a…

Q: We begin by solving the consumer’s problems: (a) What is the US’s budget constraint? (b) Describe…

A: In this case, we have to discuss the budget constraint. Budget constraint is total available money…

Q: According to the rule of 70, real GDP per capita will double in about 17.5 years if it grows…

A: The rule of 70 is a quick way to estimate the time it takes for a variable to double, given its…

Q: 1. Should the health care system prioritize care for members of disadvantaged groups over that of…

A: Disadvantaged groups are those who experience social, economic, or political disadvantage due to…

Q: Consider a world with only two countries (i.e., two large open economies), the home country and the…

A: An increase in home future labor income could have several effects on the world equilibrium interest…

Q: Mary wants to buy equal amounts of sodas and candy bars for her party guests Sodas cost $.50 each…

A: A personal budget is a financial plan that details a person's earnings and outgoings over a…

Q: Consider the standard set up for thinking about statistical discrimination from last class (groups…

A: Statistical discrimination is a phenomenon that occurs when employers or decision-makers use…

Q: 50 At a time when demand for ready-to-eat cereal was stagnant, a spokesperson for the cereal maker…

A: Collusive Oligopoly : A collusive Oligopoly is a market condition wherein the companies operating as…

Q: Economic surplus at 8 million hours: $ b. Now, suppose that the actual quantity of childcare hours…

A: Since you have posted a question with multiple sub-parts, we will provide the solution to only the…

Q: Which of the following is included into the income measure of the US GDP? O salary salary of Maria,…

A: GDP stands for Gross Domestic Product and is a measure of the economic performance of a country. It…

Q: 7. A perfectly competitive market mainly benefits: O business owners of the firms. O consumers of…

A: Perfect competition is a market formation where firms in a specific market sell identical goods. In…

Q: The economy of Ashenvale is currently in a long-run equilibrium, depicted by point E, on the graph.…

A: Aggregate demand is a sum of consumption spending, investment, government spending and net exports.

Q: Let's say the autonomous Investment = $5,000, autonomous consumption = $12000, autonomous government…

A: Autonomous investment refers to expenditures made by the government or private companies in economic…

Q: Provide cashflow diagram UniCaltex owns several gas wells in Metro Manila. Revenue from the wells…

A: A cash-flow diagram is a photo of a cash-flow stream.  These are horizontal lines that show time. At…

Q: Suppose an economy is in long-run equilibrium. The central bank raises the money supply by 5…

A: AD-AS equilibrium: Aggregate demand refers to the total demand for commodities and services made by…

Q: What would happen to measured GDP if more people started hiring workers to do house chores such as…

A: GDP is the gross domestic product which is calculated by taking into account the values of final…

Q: consumer's expenditure minimization problem explain in detail both theoretically and practically ?

A: The consumer's expenditure minimization problem is a fundamental concept in microeconomics that…

Q: 73) In a given year, an economy experiences the following changes: Private consumption increases by…

A: Gross Domestic Product (GDP) is a measure of the total economic output of a country, and it…

Q: Prices have risen by 65% over the last 10 years. What is the average yearly inflation rate over this…

A: Inflation is the increase in price level over a period of time.  Inflation rate is the rate at which…

Q: Suppose the initial change in spending is $12 billion. The indirect effects of that change cause a…

A: MPC is the marginal propensity to consume.  Multiplier is calculated using the following formula :-…

Q: Evaluate the statement. GDP does not provide the welfare of the economy.

A: Gross Domestic Product, or GDP, is the sum of the financial values of all the goods and services…

Q: Suppose a closed economy has an aggregate consumption function given by +0.50Yd and generates $2200…

A: The total amount of money spent on consumption by households and individuals in an economy over a…

Q: ave $60 and your sister has $120. You are saving $14 per week and your sister is saving $10 per…

A: Saving is the practice of reserving a portion of one's earnings or resources for use in the future…

Q: A direct valuation approach to measuring human health impacts from pollution considers both the pain…

A: In economics, the direct valuation approach is a method of determining the economic value or impact…

Q: Use the graph for Yolanda's Frozen Yogurt Stand to answer the questions that follow. Use the…

A: Price elasticity of demand refers to percentage change in quantity demand of a particular good with…

Q: The Duo Growth Company just paid a dividend of $1.00 per share. The dividend is expected to grow at…

A: Given information: Required rate of return = r = 19% Current year's dividend = D0= $1.00 Dividend…

Q: Using the midpoint method, if the price falls from $160 to $120, the absolute value of the price…

A: Price elasticity of demand measures the responsiveness the responsiveness of quantity demanded to…

Q: In the Saul model, if the per capita production function is y=k^0.7, the savings rate is 0.2, and…

A: The steady state level is reached where the per capita variables such as output per worker, capital…

Q: A two-person game in which each person has access to only two possible strategies will have at most…

A: Nash equilibrium is a concept in game theory that describes a state in which each player in a game…

Q: is a manager a big nsulting co any. bought Ford Mustang for $40,000. When it was new, the price of…

A: The GDP refers to the production of the goods and services during an accounting year. GDP does not…

Q: Suppose 2,000 people would each get a benefit of $60 from a levee. Building the levee is socially…

A: Social efficiency is achieved with the optimal distribution of resources in a society taking into…

Q: Tony decided to visit his parent in San Diego during the long weekend. He has two options. Either he…

A: Opportunity cost is the value of the following best alternative that must be given up in order to…

Q: Suppose the economy is in a recession. The output gap is $1 trillion. The AE function reads AE = 0.5…

A: Aggregate demand is the sum of Consumption, Investment, government spending and net export.  MPC is…

Q: Graph the average total cost curve by first using the point tool to plot points for the average…

A: ATC: TC is the complete cost that is borne by a firm to produce all the units of a commodity. It is…

Q: Read “YOU’RE THE ECONOMIST: Cigarette Smoking Price Elasticity of Demand”. According to the previous…

A: Elasticity of demand is a measure of how responsive the quantity demanded of a good or service is to…

Q: was $5.80, all of which was reinvested in the company. The firm's expected ROE for the next four…

A: The total of the present value of anticipated dividends discounted at the needed rate of return that…

Q: as per the diision of revenue act (dora) framework, critically distiguish between own-revenue and…

A: The Division of Revenue Act (DORA) framework is a legislation that guides the allocation of…

Q: The monthly demand of a company is showed below, please use the static method to forecast the…

A: Forecast demand refers to an estimate of the amount of a product or service that is expected to be…

Q: An economy has a fixed price level, no imports, and no income taxes. MPC is 0.9, and real GDP is…

A: The marginal propensity to consumer refers to the change in the consumption following change in the…

Q: Incomes increase. In the market for iPods (a normal good), we would expect O a. the supply curve to…

A: Consumer Income: In microeconomics, consumer income is the sum of money that purchasers have with…