When a firm produces 600 widgets with total cost of $1,300 and fixed cost of $800, what is the average variable cost?

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A: Any financial transaction, corporate partnership, or client representation is referred to as an…

Q: Question 20 The market for loanable funds Real interest | rate (per cent) Equilibrium interest rate…

A: Here, the given graph shows the demand and supply curve of loanable funds in the loanable funds…

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A: Given information P1=100 P2=150 Both firm are working into perfect competitive market. Total…

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A: Monopolistic competition is the market where seller sale differentiated products and they have…

Q: 7, If the interest rate is 8% in the US and 5% in Europe, then according to the interest rate parity…

A: Interest rate parity suggests the relationship between interest rate and forward exchange rate.

Q: he should plant on his 100-acre farm. The profit from each is dependent on the rainfall during the…

A: The maximax rule includes choosing the elective that amplifies the maximum pay-off available. This…

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A: Compound interest (also known as compounded interest) is the interest on a loan or deposit that is…

Q: se you make an annual bution of P11,036 each year t e fund for a niece. He is 5 yea nd you will…

A: Introduction,

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A: Demand and supply refers to the concept of the market where people demand goods for their needs…

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A: Insurance policy: An insurance strategy is a legitimate policy between the insurance agency (the…

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A: Budget constraint: - it is the representation of different combinations of two goods that a consumer…

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A: Elasticity of demand measures the responsiveness of quantity demanded to changes in price level.

Q: is an unintended consequence an unintended of the specific choices that individuals make Market…

A: market cleaning is an unintended consequences of yhe specific choice that the individual make. -…

Q: 1. Competitive market, Practice Question Wheat farmer Joe has the cost function of C(q) = 160,000 +…

A: A cost function basically refers to a function of input prices and output amount whose value…

Q: 2. Fill in the blank your numeric answer for each of the following question. 1. A machine with a…

A: We will answer the first question since the exact one was not specified. Please submit a new…

Q: Which of he following characleristics is typical of group insurance?   A.Medical examinations are…

A:

Q: Fay runs a hot dog cart at the sports stadium. Fay has no skills, no job experience, and no…

A: An economic profit is the distinction among the sales a industrial entity has acquired from its…

Q: Vegemite has been recently introduced to the Chinese market. It sells for the equivalent of $2 per…

A: Given  Price of vegemite (P)=$2 per jar Variable cost of vegemite VC = $0.50 per jar Fixed cost (FC)…

Q: Gross domestic product (GDP) data are used as a means to measure welfare. to observe long-run growth…

A: GDP is significant since it gives information about an economy's size and health. The rate of…

Q: Which of the following statements correctly explains the average cost and the marginal cost of…

A: Marginal cost refers to additional cost that incurs from producing one more unit of output.

Q: Benson Manufacturing is considering ordering electronic components from three different suppliers.…

A: Given that Electronic component is ordered from three different suppliers. Sample shipment of 500…

Q: 2. The internal rate of return on an investment refers to the interest rate earned on the: a.…

A: The internal rate of return, often known as the IRR, is a financial indicator that is used to…

Q: A company in a free competition market has marginal costs given by MC (Q) = 60 + 4.Q where Q is the…

A: A competitive market where large numbers of buyers and seller exchange homogeneous product at the…

Q: During the initial months of the COVID pandemic, the number of unemployed people in the State of…

A: Unemployment is the situation where a person is looking for job and interested to work at prevailing…

Q: The Bluebird Factory reported $1,000,000 in total revenues and $60,000 total variable costs during…

A: Given: The total revenues are = $1,000,000 The total variable costs are = $60,000 To Find: The…

Q: 8

A: The labor market is the market in which the labor demand and labor supply curve are equal to each…

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A: Investments can be either economic or financial in nature. Purchases of goods and services required…

Q: Which of the following related to Transfer payment? Pocket money to children All the above wear and…

A: Transfer payments are not included in government purchases as a component of GDP.

Q: Which factor of production is almost never included in a firm's fixed costs? Land Labor Capital All…

A: Fixed costs will be costs that don't differ with the sum created. Models are interest on debt,…

Q: 2. Suppose an oil field is discovered, which curve(s) in the AD-AS graph will shift to which…

A: The AD-AS or total interest total stockpile model is a macroeconomic model that makes sense of value…

Q: There is a consumer called Mike. Mike owns an endowment (wOw1) = (2,3). The prices are (p0, p1)…

A: Utility Function  Utility function refers to the function of two goods that may represent the…

Q: b+I+G-aT 1-a The reduced form of a macroeconomic model is Y = constant values of investment and…

A: Y = (b + I* + G* - aT*) / (1-a) Where I* and T* denotes the constant value of investment and…

Q: Ed received an income tax refund of $3,200 in September 2019. He put the money in a drawer and spent…

A:

Q: Under the disaster risk decision tree model, which of the following conditions would create the…

A: Introduction  disaster risk reflects the concept of hazardous events and disasters as the outcome of…

Q: what the Factors that affect the demand for paid TV shows?

A: Demand: - Demand is the relationship between the quantity demanded and the price of a good. There is…

Q: P Demand Refer to the graph above illustrating supply and demand in a market. Suppose the current…

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

Q: A particular model of used car comes in four categories, with equal numbers in each category. The…

A: Akerlof's model was simple however strong. Assume that some cars are "lemons" and some are great. On…

Q: 1. Evergreen Fertilizer Company produces fertilizer. The company's fixed monthly cost is $25,000,…

A: Fixed cost=$25,000 Variable cost= $0.15 Selling price= $0.40

Q: a. What effect on Monetary Base when Foreign Central Banks increase account at the Fed?

A: The amount of currency in circulation in the economy is referred to as the monetary basis. It is…

Q: Question A16 (a) Identify and explain three potential barriers to marketing planning. (b) Evaluate…

A: Market is the place or platform where people of various needs throng together to carry out their…

Q: s are sold at a price of $15 and 75 units are sold at a price of $10, what is the absolute value…

A: Price Elasticity of Demand: Price elasticity of demand implies to the % change in the quantity of…

Q: The Director of Jonat Enterprise hires labour (L) and rents capital equipment (K) in a competitive…

A: Production function : Q = 14K0.5 L0.5 + 10  Profit maximizing utilization of any input is the till…

Q: If the price of beef went up due to an increase in the incomes of most citizens of a particular…

A: Price elasticity of the supply refers to the percentage change in quantity supplied with respect to…

Q: 1. Is GDP an adequate measure of national economic activity? 2. Should GDP be replaced by a new…

A: The Gross Domestic Product (GDP) refers to a metric that measures the size and health of a country's…

Q: distinguish the roles of the parties associated with the bank bill issue

A: The parties that can be involved in bank bills issued are as follows: 1- Creditor  2- Debtor 3-…

Q: Below is the production possibilities table for consumer goods (maize) and  capital goods…

A: Since you have asked multiple subparts, we would answering the first three for you. To get the…

Q: Provide answers IN YOUR OWN WORDS 2. What is the significance of understanding the economic role of…

A: Financial institutions refers to those organizations which provide various kinds of financial…

Q: Use the following table to answer the question about taxes, where P = Price buyers pay, P, Price…

A: Here, the given graph shows the price for buyers and sellers at the market quantity, with and…