ompleted 14 out of 20 stion 15 of 20 > A network good is one where the number of other users of the good. cost to the user rises if there is a large cost to the user falls if there is a small O benefit to the user falls if there is a large O benefit to the user rises if there is a large LAPTOP LOGIN acer USERNAME: student PASSWORD: Broward1

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A: Answer a) Given information, Number of qualified buyers = 20 Sales manager estimate = 10%…

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A: Marginal benefits refers to the additional benefit incurred by a consumer by the consumption of one…

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Q: At that equilibrium, what is price? what is the output? what is the total profit?

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Q: What is the maximum profit? O a) $50 O b) $40 O c) $20 d) $378

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A: Difference between total revenue and total cost is the profit of a firm.

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Q: e marginal gain from Jake's fourth hour of work, from 11:00 AM to noon, is 25 problems. ter, the…

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A: Economies of scale is the situation when cost per unit falls with rise in production.

Q: Nick is planning on starting a mobile pizza oven. He is expecting his customers to spend $20 per…

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Q: 64. (This problem assumes knowledge of the basic rulesof baseball.) George Lindsey (1959) looked at…

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A: We know that, TVC+TFC = TC At zero level of output, TVC=0, hence, TC=TFC TVC = AVC x Q TC = ATC x Q…

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Risk and Uncertainty

Uncertainty refers to a situation when there is one possible outcome of a decision but where the probability of occurrence of each particular outcome is not known or cannot be estimated.