Suppose a company has fixed costs of $4000 and variable costs per unit of x + 1160 dollars, where x is the total number of units produced. Suppose further that the selling price of its product is 16 x dollars per unit. 16 1300 - (a) Find the break-even points. (Enter your answers as a comma-separated list.) (b) Find the maximum revenue. (c) Form the profit function P(x) from the cost and revenue functions. P(x) = Find the maximum profit. %24 (d) What price will maximize the profit? (Round your answer to the nearest cent.)

Q: uppose that your parents have enough money to buy a car and a house. The car that they want to buy c...

A: Answer is given below

Q: Do undocumented immigrants overall represent a net economic cost or benefit to the United States?

A: Immigration:-  The global movement of individual to a target nation where they will not be natives a...

Q: What are the effects of an increase in the current capital stock on real interest rate, aggregate ou...

A: When some good is manufactured, cost  takes place and for producing that good process of business fo...

Q: Would you expect marginal utility to rise or fall with additional consumption of a good? Why?

A: Price at which the consumer is willing to pay and has the good that is willing to pay and goods like...

Q: Based on the content presented in this chapter, answer what the following items request: a. Commen...

A: a. There are relationship between productivity and exchange rate. Increasing labour productivity lea...

Q: Draw the indifference curves when X is fake news or hoax, Y is journalist’s work winning the Pulitze...

A: Optimal choice - It is the best combination of goods which will lead to the best satisfaction of the...

Q: The demanders of funds participate in the financial market to earn profit. * True or False??

A: Individuals and businesses who save money and make financial investments are the suppliers of funds ...

Q: If the Federal Reserve sells government bonds, show what will happen to this graph. Explain the effe...

A: According to the question, the Federal Reserve sells government bonds.  When required reserve rate d...

Q: Select a developing country that interests you and search for evidence suggesting which factors are ...

A: A developing country is defined as a sovereign state which has less developed industrial base and lo...

Q: Now, suppose that Home applies an import quota limiting the amount Foreign can sell to 2 units. The ...

A: (a) Consumer Surplus: Area above price line and below demand curve = 12* 8 * (14-6) = 32 Producer su...

Q: Which of the following best describe the physician-hospital relationship in most American hospitals?...

A: In the American economy, healthcare system has improved over the time to maintain the health of the ...

Q: Exercises: • What are the benefits of registering a business? Comparison be limited company and limi...

A: India has the world's 2nd highest number of unregistered enterprises, with an estimate 127 unregiste...

Q: What are the “Country Factors” critical to attracting FDI to a host country

A: A foreign direct investment (FDI) is an investment in the form of a controlling ownership in a busin...

Q: Government levied a tax on good A. The less elastic the demand is, the greater or the smaller the ta...

A: The demand for the good is said to be elastic if the quantity demanded of the commodity changes more...

Q: A bill for a cellphone specifies the cost as P 25,400 due at the end of 100 days but offers a 4% dis...

A: An interest rate is the amount of interest due per period, as a proportion of the amount lent, depos...

Q: 3. If a good generates a negative externality, does the free market result in overproduction or unde...

A: Externalities shows the spillover effects of one person economic activities to another people's well...

Q: As a manager of a chain of movie theaters that are monopolies in their respective markets, you have ...

A: Pricing Strategy is an apparatus used to fix the cost of a specific item or administration by consid...

Q: Smith, Jones, and Brown were creditors of White, who operated a grain elevator known as White’s Elev...

A: This is the form of business entity which is formed by an agreement, owned and managed mutually by t...

Q: Required information MPC = 0.9; MPM = 0.2 Refer to the above information to answer this question. W...

A: The marginal propensity to earn, (MPE), is a difference between MPC and MPM

Q: You want to establish your own business and are thinking about releasing a new product. Customers wi...

A: The payment of 1800000 is spread over three years and every month over these three years so each mon...

Q: Explain expansionary and discretionary fiscal policy (300 words)

A: Fiscal policies define as the government's policy which is used to control the money supply in the e...

Q: Explain the contributions of entrepreneurship in economic development

A: The entrepreneur is defined as someone who has the ability and desires to create, manage, and succee...

Q: gure 3.10 $4 $1 Number of pizzas per week Price of pizza

A: In the question above, pizza and pizza sauce are the complementary goods. These are those goods whic...

Q: Q: What approach did the government take regarding the econor nd business in the 1920's? elect one:

A: 1920s period was marked by the economic fluctuations throughout the world.

Q: The figure shows the market for tires. According to the figure, the government collects per month in...

A: We can calculate the amount of revenue earned by the government by taxes with the following formula:...

Q: Next question Which of the following is an example of a positive externality? A. A lower inflation r...

A: Positive externality refers to the situation when social benefits exceed private benefits. It refers...

Q: Examine the effects of government expenditure as a fiscal policy measure on the Philippines economy....

A: FISCAL POLICY:  * Fiscal policy refers to the use of government spending and tax policies to influen...

Q: are goods more expensive in 2021 with a CPI of 271.4 or in 1930 with a CPI of 17.7? Why or why not

A: Given: CPI 2021=271.4 CPI 1930=17.7

Q: If there is a shortage of loanable funds, then • 1) the quantity of loanable funds demanded is great...

A: Disclaimer: “Since you have asked multiple question, we will solve the first question for you. If yo...

Q: Mortgage pools that are generally broken up into tranches, repackaged, and marketed to investors as ...

A: A mortgage refers to the credit that is for  buying or maintaining a home, land, or other piece of r...

Q: The following headline appeared in the London Times, "England's sheep population nearly destroyed by...

A: Please find the answer below.

Q: Give examples of the government intervention in Organic View and in Mechanistic View.

A: Government intervention is regulatory action taken by Govt. that seek to change the decisions made b...

Q: I want to know the background of cashless economy. Like how it is start and the influence in the wor...

A: Sometimes the cashless economy is misunderstood with an economy without cash. Cashless economy has e...

Q: What will be the value of real GDP if the quantity is 15 and the price is 62?

A: In an economy, real GDP refers to the value of final output generated in a specific year that is exp...

Q: Enumerate the major characteristics of research and explain each.

A: Disclaimer: “Since you have asked multiple question, we will solve the first question for you. If yo...

Q: Question: Calculate the relative wage between the two countries, and briefly comment on your findin...

A: From the problem we see that Greece has comparative advantage in production of D, so Greece produces...

Q: If the central bank purchases government securities from the private money market other things being...

A: Open market operation refers to the selling and buying of government bonds by the central bank.

Q: installation, amounted to P30,000. At the end of its estimated useful life of 10 years, the salvage ...

A: Book value is the value of an asset according to its balance sheet account balance. For assets, the ...

Q: MTR = 0.2; MPS = 0.2 Refer to the above information to answer this question. What is the value of t...

A: Leakage is a term used in economics to describe capital or income that escapes from an iterative sys...

Q: The figure below shows a market of good X. Suppose that the government levied the tax of 30 on X. R...

A: The given figure shows the demand and supply curve. The equilibrium price and quantity is given at t...

Q: If the income effect is smaller than the substitution effect following a change in productivity, var...

A: Income effect is the effect of change in income on the purchasing decisions or consumption. If the i...

Q: 1 We will loosely model the petrol crisis the UK has recently experienced as a game. Start with a tw...

A: There are two players : Player 1 & 2  Strategy Set of player1 = Strategy Set of player 2 = { Nor...

Q: Discuss the arguments for and against the acceptance of gratuities by law enforcement

A:  There are certain arguments in favour of acceptance. If a present is made on a frequent basis, it w...

Q: Refer to Table 6.5 to answer this question. What is the value of the multiplier in this economy? Mu...

A: In economics, a multiplier generally refers to an economic factor that induces or adjusts many other...

Q: i need help with the last 6 problems left blank -  If 2012 is the base​ year, real GDP in 2011 was ...

A: Note: There are multiple sub parts of the question, hence we shall solve the first three for you, if...

Q: Question 13 Two of the economy's most important financial intermediaries are suppliers of funds and ...

A: Financial Intermediaries:- Financial intermediaries play a role of middlemen for fund transfers, mos...

Q: How does a growing trade deficit affect a country's GDP?  Explain your answer.

A: GDP refers to the final value of goods and services produced in an economy during a year. The GDP is...

Q: 5. Mr. Jo needs P 4,000,000 immediately to pay for a new home. Having insufficient fund for this, he...

A: Given: Amount required immediately=P 40,00,000 Borrowed amount=P 20,00,000 Repayment of loan=every s...

Q: Discuss advantages and disadvantages of monopoly and perfect competition market structures. Would a...

A: A monopoly is a company's dominant position in an industry or sector to the point of excluding all o...

Q: What is “B.O.P”? Explain the importance of “Balance of Payments” to Managers of Public and  Private ...

A: "Since you have asked multiple questions, we will solve the first question for you. If you want any ...