How much would Software C cost you in the long run? $[?] Not Satisfied $5,000 Software C 20% • $20,000 Software D $8,000 85% • $0 Satisfaction Not Satisfied 15% • $15,000
Q: Use the following table to answer the question below. Dave's Production Possibilities Schedule...
A:
Q: Millie is looking at the sales forecast for the sales of classic waffles. She has given you some cos...
A: First of all, we should know the basic terms which are given in the question-: fixed cost= This amo...
Q: 3. Consider a repeated version of the following stage game: Player 2 Y 10, 10 В 20, —20 A -20, 20 0,...
A: Given information There are 2 players 2 stage game Discount factor=0 Pay off matrix
Q: Problem 07-02 (algo) An industry consists of three firms with sales of $310,000, $725,000, and $405,...
A: Total sales = 310000 + 725000 + 405000 = 1440000 1st firm market share = 310000 / 1440000 = 21.53 % ...
Q: O Prepaid O Gift card Laura does not have a bank account and wants a safe option to store her money ...
A: There are various types of payments systems.
Q: e accompanying table shows data from the World Bank, World Development Indicators, for real GDP per ...
A:
Q: The supply curve for a monopoly is: O the portion of the marginal cost curve that lies above the ave...
A: Average variable cost is variable cost per unit of output. Supply curve shows a positive relationshi...
Q: The following graph shows the market for pianos in 2009. Between 2009 and 2010, the equilibrium quan...
A:
Q: Which of the following is not correct? O 1) Frictional unemployment results from the process of matc...
A: We will answer the first question since the exact one was not specified. Please submit a new questio...
Q: Compare and contrast Classical, Keynesian and Monetarists approaches to monetary policy.
A: To compare classical, Keynesian and monetarists approach to monetary policy.
Q: The first year Jeff paid for a membership at his gym, the fee was $440.00. He renewed his membership...
A: Here, it is given that Jeff paid his membership fees three times and nominal value changes everytime...
Q: So (voluntarily) intericated that be is not aware of the consequences of his actions, Umberto agrees...
A: Intoxication is a state in which one's physical or mental control has been significantly weakened by...
Q: An investigation into the demand of T.V sets in the following satellite towns has supplied the follo...
A: Solution: Towns Population (000) Demand for TV sets A 12 16 B 15 18 C ...
Q: Question 4: For a compressor the probability of failure occurring during a given week is given in Ta...
A: The term maintenance expense refers to any cost incurred by an individual or business to keep their ...
Q: Find the present value of a perpetuity that pays P1000 annually starting at the beginning of the yea...
A: Here, given information is: Cash payment (Annuity) (C): P1,000 (starting from the beginning of the ...
Q: An increase in the supply of music downloads indicates that more music downloads will be Mult...
A: Here, it is given that the supply of music downloads is increased in the market.
Q: An example of a perfectly competitive industry is: A. cell phone service B. the automobile industry...
A: In a perfectly competitive market, there are many buyers and sellers. Firms do not have any control ...
Q: Choose the letter/s of the correct answer/s. How are you going to maximize a profit if the price is...
A: Profit is the excess of revenue(TR) over costs(TC).
Q: a) The consumption function of UAE ix C100+0.5Y. The Private business sector has made on investmento...
A: Here, consumption function is given as: C=100+0.5Y And there is an investment of 100 million dirham,...
Q: The equations below represent the inverse demand and supply curves for construction workers in Small...
A: Since the question you have posted consists of multiple parts, we will answer the first two question...
Q: The Production Possibility Frontier of a country has a slope equal to the ratio of the in...
A: PPF of a country is the set of feasible allocations of goods in a country such that all resources ar...
Q: Fixed costs tend to remain the same in: O The short run. The long run. O Both the short run and long...
A: A firm incurs two types of cost of production, one is variable cost and other is fixed cost.
Q: The UK govenment has decided that the high consumption of alcohol is now becoming a global threat to...
A: Let suppose the alcohol market in UK is in equilibrium as shown in the below diagram. SS is the supp...
Q: Elinore is asked to invest $4,900 in a friend's business with the promise that the friend will repay...
A: Opportunity cost: - opportunity cost is a forgone benefit that we could have earned by applying all ...
Q: £/unit 100 90 SRMC 80 70 60 50 40 30 SRAC 20 D= AR 10 MR 10 20 30 50 60 70 100 Units 40 80 90 Figure...
A: The profit maximization condition are as follows: 1- MR= MC ( Marginal revenue is equal to marginal ...
Q: Problem #2- Brown Manufacturing-Modified, from textbook page #198 If the annual demand is reduced to...
A: a) Given that Annual demand (D) = 8,000units daily demand(d) = 60 units Production per day(P) = 80u...
Q: The price of a product is expressed as p, PHP = 10 – 28D where D is the demand. Which of the followi...
A: Given Price function P = 10 – 28d
Q: Suppose that single-price, single-product and single-plant monopolist faces the following demand cur...
A: In a monopoly, profit is maximised at a point where marginal revenue is equal to marginal cost and p...
Q: The lower-income industrial countries are catching up to the higher-income industrial countries in t...
A: According to the catch-up effect, there will be a convergence between lower-income industrial econom...
Q: In the IS/LM model, the IS curve
A: given n the IS/LM model, the IS curve is
Q: 2. On the above figure explain your decision on price one and price five in a perfectly competitive ...
A: 2. On the above figure explain your decision on price one and price five in a perfectly competitive ...
Q: Consider a closed economy, where wages are sticky in the short run. The consumption function is C = ...
A: Since you have asked a multi-part question and according to the policy, we can only solve the first ...
Q: If there is a decreased demand for a financial asset. its yield will rise its current purchase price...
A: Demand for bonds shows that there exists an inverse relationship between the price of the bond and t...
Q: Vhich of the following statements about labour productivity (Y/L), also known as the average product...
A: Labour Productivity : Labour productivity measures the hourly output of a country's economy. It is ...
Q: Drop box one options ( costs of producing or market value of or wholesale cost of) Drop box two (fin...
A: The following boxes can be completed based on the different set of options is as follows :
Q: In general, the outputs include all of the items that are ____________________. Choices: A.at th...
A: In economics, output refers to the "amount of goods or services produced by a firm, industry, or cou...
Q: You buy an asset today for $200,000 that can be depreciated over three years in a straight line. Wha...
A: Depreciation is a method used to allocate a portion of an asset's cost to periods in which the tan...
Q: The purchase of a new car requires P100,000 down payment and the balance to be paid at P300,000 afte...
A: The formula for the present worth is, PV=FV(1+i)n Here, PV is the present value FV is the future val...
Q: A manufacturer with exclusive rights to a new industrial machine is planning to sell a limited numbe...
A: Given Domestic demand curve of machine: pD=320-x4 ... (1) Foreign demand equation for machi...
Q: In 1980, Denmark had a GDP of $90 billion (measured in US dollars) and a population of 6.1 million. ...
A: Given: Denmark GDP in 1980 = $90 billion Denmark population in 1980 = 6.1 million Denmark GDP in 200...
Q: 2. Consider these three utility functions: U2 = u3 In a1 + In r2 Which of these functions can be sai...
A: The monotonic transformation of a utility function represents the same function as the utility funct...
Q: Consider a Keynesian economy with no taxes and no international trade. • The economy initially has a...
A: Here,given information is: Initial real GDP: $500 Change in consumption by Andy: $70 (spent on lunc...
Q: Let's say that you have put $1,000 in your savings account at a local financial institution, and an ...
A: 1.The employee is correct, of course.The reason for this is that the money you have deposited in you...
Q: Productivity decreases when O a. Output and hours worked decrease at the same rate Ob. Hours worked ...
A: Productivity refers to the ability of the business to produce more output. Productivity determines t...
Q: d. Determine the level of production and profits at equilibrium. Is the amount of output at equilibr...
A: a. Firm 1 takes firm 2's price to be given and solves, maxp1 (1-p1+bp2)p1-c(1-p1+bp2)F.O.C1-2p1+bp2-...
Q: Which of the following statements are correct? (This is an "all-or-nothing" question: if you do not ...
A: Gross domestic product(GDP) measures the money value of all final goods and services produced in an ...
Q: he equations below represent the demand and supply curves for annual gym memberships in a certain ci...
A: Given Demand equation: qD=500-2p ... (1) Supply equation: qs=0.5p-50 .....(2)
Q: a) What type of gap exists in this economy, and how big is that gap? (Select one) $ 0 b) By how much...
A: ANSWER Planned Aggregate Expenditures
Q: If new cars are an elastic good then: If the price of new cars goes up people will buy more If the p...
A: The elasticity of demand explains the percentage change in quantity demanded due to the percentage c...
Q: The maintenance cost for a car this year is expected to be $500. The cost will increase $50 each yea...
A: Note:- Since we can only answer one question at a time, we'll answer first one. Please repost the qu...
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- estions Pall22_Microecon_KM Join: 746518 Assigned 2 Gradebook o Handouts Sep 16, 11:59 PM Dashboard Que Sep 16, 11:59 PM < HW3 (Ch3 & 4) Homework Due in 2 days Unanswered B Melinda Lee Cantrell app.tophat.com Unanswered Ⓒ A company producing 1000 phone protection covers a week when the price was $4. Their covers become very popular pushing up the price to $8. The next month they are producing 4000 cases a week. With this information answer the following: HW3 13 Homework Unanswered Determine the elasticity of supply for this company. (2 decimal places is the default answer) Type your numeric answer and submit 10am Fall22_Microecon_KM - Assigned | Top Hat HW3 14 Homework Answered. 15/17 answered MacBook Pro Submit O Please type your answer to submit Submit 05 + 88 Becca v Open in Reading View PERFECCCCE how2reePlz solution fast I give ???What is the total cost associated with producing eight units of the control varlable, a (identify point B in the tablej? 34 Marginal Harginal Harginal Net Bеnefit Control Total Net Costs Benefits Benefit Total variable Benefits Cost Sepped B(Q) C(Q) MB(0) MC(0) MND (0) 900 100 800 900 100 800 2 1,700 300 800 200 600 2,400 600 1,800 700 E 400 1,000 1,500 400 500 2,000 2,000 1,800 1,400 4 600 200 3,500 500 3,900 2,100 D 600 -200 4,200 4,400 4,500 2,800 300 700 -400 800 200 800 -600 4,500 100 900 -800 10 4,500 5,500 -1,000 1,000 -1,000 Mutiple Choice 3,000 3,600 3,800 4,200
- Homework (Ch 10) 8. The effects of property rights on achieving efficiency Consider a lake found in the town of Center Barnstead, and then answer the questions that follow. The town has a hiking lodge whose visitors use the lake for recreation. The town also has a research lab that dumps industrial waste into the lake. This pollutes the lake and makes it a less desirable vacation destination. That is, the research lab's waste decreases the hiking lodge's economic profit. Suppose that the research lab could use a different production method that involves recycling water. This would reduce the pollution in the lake to levels safe for recreation, and the hiking lodge would no longer be affected. If the research lab uses the recycling method, then the research lab's economic profit is $1,500 per week, and the hiking lodge's economic profit is $1,800 per week. If the research lab does not use the recycling method, then the research lab's economic profit is $2,000 per week, and the hiking…12 st L8 Get & Transform Data 4 6 7 1 2 Available Product 3 8 9 10 11 12 13 A 14 15 16 17 18 19 20 All :X ✓ fx B Pounds made Workbook Links Queries & Connections 3000 Flour (ounce) 1500 Egg (piece) 4500 Labor (man-hour) Unit Price Variable Cost Demand UCM Adiucted C 3.2 1.5 6 D $12.50 $6.50 960 $6.00 2.6 1.5 5 Data Types $11.00 $5.70 928 $5.30 E 1.5 1 4 <1 $9.00 $3.60 1041 $5.40 F 0 0 0 0 Banana Muffin Choc Muffin Banana Cookies Choc Cookies Milk Bread White Bread 0.7 0.3 0.5 0 2.5 1.5 $6.00 $3.00 $2.20 $1.20 1084 1055 $3.80 $1.80 AV 0 0.8 1 3 G $7.00 $2.80 977 $4.20 Sort & Filter H Advanced 0Here's the table showing quantity and total cost Q - 0, 1, 2, 3, 4, 5 TC - 8, 9, 10, 11, 13, 19 Calculate MC.
- Don't use chatgpt otherwise we will give dounvoteDrivingNowhere is producing automobile spare parts. Consider the following data to answer below given questions. Annual demand 30500 Daily demand 100 Daily production 800 Desired lot size 200 Holding cost per uit per year $10 (a) Compute the setup cost so as to comply with the desired lot size. (b) Compute the setup time if hourly setup labor cost is $40.Need within 1 hour please...
- Question Two: The following data for a small farm operating in a perfectly competitive market are given in the table below. The price is $10 per yogurt. Q TC 100 10 200 20 280 30 330 40 360 50 380 60 390 70 425 80 500 90 610 100 750 Instructions: 1. What is the firm's decision at that price? (whether to produce or to shutdown), justify your answer. 2. Show the range of output at which the firm experience IMR and DMR. 3. Using excel, now suppose the price of strawberry yoghurt decreases to $5.5 per unit, what is the right decision firm should take, (produce or shutdown) justify your answer.TeEpress Smartwork O Homework Smatwors Calege of hiness Onine b My Questions bartely ncia wwnorton.com/132454 Paused !!! Apps P Pandora ntenet Ra O Thesis Creator g Bockshelf Online L M McGra H- Login 9OF 12 QUESTIONS COMPLETED * SUBMIT ANSWER 751 AM P Type here to searchOutput from a process contains 0.02 defective unit. Defective units that go undetectedinto i nal assemblies cost $25 each to replace. An inspection process, which would detectand remove all defectives, can be established to test these units. However, the inspector,who can test 20 units per hour, is paid $8 per hour, including fringe benei ts. Should aninspection station be established to test all units?a. What is the cost to inspect each unit?b. What is the benei t (or loss) from the inspection process?