15. The following figures were obtained from a company's accounts. aVFrm $105,000 $180,000 $46,000 Turnover Fixed capital Total Expenses Capital Expenditure $22,000 What is the total profit of the firm? $29,000 $37,000 $59,000 $75,000 А. hour day В. С. D. 16. Which of the following statements does NOT apply to equilibrium price? It is a situation of excess demand. It will shift if either demand or supply alters. Quantity demanded and supplied are equated. There is no tendency for price to change. А. В. С. D.
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- Static Game: Dynamic Game: US USA/Fiji No-Tax Tax Tax No Tax Tax (10000, -99989) (10100,-89990) (9900,-9989) (10000,10) Fiji Fiji No-Tax Tax No Tax Tax No Tax 10,000,10 9900,-9989 10,100,-89,990 Sub-game_1 10,000,-99,989 Sub-game_2 Sub-game_3 1. What is the subgame perfect Nash equilibrium of the dynamic game? How does it differ from the equilibrium of the static game?Admin Area-Conte... 99043518077911079029945329815&eISBN=9780357133699&id=7710041078 snapshotl=16977958 G scholarly aticles n w... ares.dll f O Messages CENGAGE MINDTAP Homework (Ch 04) Q Search this cour Attempts: Average: 2 5. Supply: Basic concepts Complete the following table by selecting the term that matches each definition. Quantity Supplied Supply Curve Supply Schedule Law of Supply Definition The claim that, other things being equal, the quantity supplied of a good increases when the price of that good rises A table showing the relationship between the price of a good and the amount of it that sellers are willing and able to supply at various prices A graphical object showing the relationship between the price of a good and the amount that sellers are willing and able to supply at various prices The amount of a good that sellers are willing and able to supply at a given price Apply your understanding of the previous key terms by completing the following scenario with…Please help me with this problem. Thank you!
- S * A E D G Quantity Price B с 14 St Refer to the figure in which S is the before-tax supply curve and St is the supply curve after an excise tax is imposed. The burden of this tax is borne:Volume of Production Price (dollars) Total Production Cost (dollars) 10 1434 22841 30 991 26408 35 917 23781 45 1020 29675 70 703 38801 100 298 44834 4. Compute the slope of the demand curve. The potential answers are: A: -12.89 B: -10.5 C: -11.33 D: -14.28 E: -10.64 5. Compute the maximum potential sales quantity. The potential answers are: A: 127 units. B: 125 units. C: 105 units. D: 116 units. E: 168 units . 6. What percentage of total costs can be estimated based on the volume of production? The potential answers are: A: 69% B: 97% C: 91% D: 94% E: 92%A large enough production subsidy can turn an imported product into an exportable product. A) false B) true
- 174,000 Results Date - English (detected) The cost of Next best alternative forgone is called a. Household cost b. Marketing cost С. Production cost d. Opportunity cost pe here to searchIf Bolivia is open to international trade in maize without any restrictions, it will import tons of maize. Suppose the Bolivian government wants to reduce imports to exactly 120 tons of maize to help domestic producers. A tariff of per ton will achieve this. A tariff set at this level would raise in revenue for the Bolivian government. Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.Products with attributes that are significantly different from each other, which makes it difficult to substitute one product for another.________________
- 2. Let the global demand q (in thousand-tonnes per day) for one partic- ular metal be related to the price p in thousand-dollars per tonne by p = D(q) where the demand function is D(q) = 50¹-0.01g (a) Calculate D(60) and interpret your answer in context. (b) Calculate D'(q). (c) Calculate D'(60) and interpret your answer in context.(NON-RENEWABLE RESOURCES) The demand and supply functions for oil for the current generation (in million barrels) is: Demand: Qd = 250 – 5P Supply: Qs = 5P a. Assume the current generation does not consider the future at all. Draw a supply and demand graph showing the equilibrium price (P) and quantity (Q) consumed by this generation showing clearly the numbers for P and Q. b. Assume that the next generation will have the same demand. Supply for both generations is only 250 million barrels. Interest rate (r) is 5%. Calculate the efficient allocation of resources between the two generations. c. Other things being equal, assume that the available oil supply is 200 million barrels. Calculate and graph the efficient allocation of resources been the two generations.As an international manager of a US business that has just developed, I would export the computer from the US because I will have full control of how the computer will be manufactured and distributed to Europe. Another pro that I would consider to export from the US is that the patent would be able to protect the design of the computer, which will reduce the result of the property being an infringement. A con from exporting from the United States that it would cost more money from the taxes, duties, and the trade barriers that are from Western Europe. Another con would be that it would take much longer to exist something from over seas. First, I will start with the cons of the process where you might not have full control over the manufacturing process, which can really impact the product of the computer. This can significantly be a bad idea. A pro of having to license a European firm to manufacture and market the computer in Europe would be how they know all of the distribution…