Webby Inc. is a web development company. Webby's monthly production function for developing websites is given in the table below. Webby pays $4,000 a month in rent for office space and equipment. It pays each programmer $3,000 a month. There are no other production costs. Fill in the table of production costs. Instructions: Round your answers to the nearest dollar. Programmers Websites Variable Cost Total Cost Average Fixed Cost Average Variable Cost Average Total Cost Marginal Cost 0 0 4,000 1 2 3,000 2,000 2 5 3 10 4 18 5 24 6 קט 26 167 500 154

Q: You have the following equation relating job risk R to wages W: W = .01*R + XB, where XB indicates…

A: Wages are the amount of money paid to the workers based on an hourly or daily basis. The monetary…

Q: b) Mema limited sells goods in returnable containers for which he charges a deposit of kshs.20 shs…

A:

Q: PROBLEM 3 – Slutsky Equation, Income Effect, Substitution Effect, and Total Effect There are two…

A: Slutsky equation states that the total change in the demand consists of the income and substitution…

Q: just subparts d, e and f please

A: d)If the consumer wage rate increases to $50, the consumer budget line becomes: C = 50(80 - L) +…

Q: In the Keynesian model (that is, the short run), what causes recessions?

A: The objective of the question is to understand the causes of recessions in the context of the…

Q: ed The figure shows planned aggregate expenditure and output for an economy. PAE=Y Planned Aggregate…

A:

Q: Marcoeconomics Provide q auality solution for better ratings

A: a)The hourly rate for labor is determined by market supply and demand.From the table, the supply of…

Q: RISK ANALYSIS A financial investor builds a portfolio that is worth an expected £35mil. The…

A: Given: - Mean of additional return = £3mil - Standard deviation of additional return = £0.5mil -…

Q: 6. Changes in taxes The following graph plots an aggregate demand curve. Using the graph, shift the…

A: Reasoning:A tax cut gives people more disposable income, which can lead to incresed spending and…

Q: Price level 120 116 112 108 104 100 96 92 88 84 80 0 50 100 150 200 250 300 350 400 450 500 Real GDP…

A:

Q: ΔRoR for the first increment (Alt. C-Alt. A) is ___________________.…

A: Based on the data in the picture, the response to the query regarding the AROR (Annual Rate of…

Q: Gerry likes driving small cars and buys nearly identical ones whenever the old one needs replacing.…

A: Calculate the present value (PV) of maintenance costs and depreciation for each year. Then find the…

Q: When we sell 0.10 million in government bonds to typical bank, what is the new value of typical…

A: When a government sells bonds to a typical bank, it affects the bank's reserves and subsequently its…

Q: ABZ is a manufacturer of household appliances. Over a 5-year period, the costs associated with one…

A: The objective of the question is to calculate the rate of return that the company made on this…

Q: -4 as the answer for a) is incorrect and the answer 2 for c) is incorrect.

A:

Q: Harry's indifference curve for popcorn (X1) and butter (X2) is U-min(X1, 3X2). Sketch two…

A: An indifference curve represents a graphical depiction of a combination of two goods that offer a…

Q: None

A: At the initial equilibrium price of $4, the quantity demanded equals the quantity supplied,…

Q: Please indicated each statement as correct or incorrect..

A: The correct statement is: The loss in revenue due to the price effect exceeds the gain in revenue…

Q: Policy Perspectives Refer to the table to answer one question. Income Transfers: The market…

A: a) Under Medicare program the value of transfer is $620 billion or 620,000 million. The average…

Q: Use the AS/AD model to determine how each of these events will affect the economy. Determine if the…

A: The objective of the question is to determine the position of the economy with respect to the…

Q: Question 3: The Phillips Curve and Inflation Expectations Consider the following two modifications…

A: Given,

Q: 7. Complete the cost table to make it consistent with the given numbers. Q 0 TC 20 TFC TVC ATC AFC…

A: Step 1:I can help you understand how to fill in the missing values in the table. The table you've…

Q: Question 19 What is the marginal cost of the fourth unit? Q 1 FC VC 50 50 2 3 4 50 588 60 ○ 70 ○ 80…

A: Marginal cost (MC) represents the additional cost incurred by producing one more unit of a good or…

Q: Ali bey has a small manufacturing firm at the Organize Sanayi. One of his customers asks him if he…

A: The concept of break-even quantity is essential in business and economics as it indicates the number…

Q: Consider an industry with 4 firms. All 4 firms and their yearly sales are listed in the table below:…

A: To calculate the Herfindahl-Hirschman Index (HHI) for this industry, we need to square the market…

Q: #3 abc

A: Given:TC = 3,920 + 7Q + 0.2Q2P = 77Qm = 8,435 - 5P a. Optimal output = 175First let's get marginal…

Q: Assume that the production function for a country is given by Y = √K and annual investment is given…

A: To solve this problem, we need to find the relationship between capital stock (K) and output (Y)…

Q: None

A: Price elasticity of demand measures the responsiveness of quantity demanded of a good to changes in…

Q: Refer to the balance sheet for Bank X to answer questions 16. and 17 Bank X-Balance Sheet…

A: The calculation of excess reserves for Bank X is based on the information provided in the balance…

Q: Please help me find the true statements, I originally choose 1,5,8, 9, 11, and 12 but I got an…

A: 1. This firm is a monopoly. TrueThe given cost curves indicate that this is a monopoly because it…

Q: Suppose the European Union (EU) was investigated and proposed a merger between two of the largest…

A: To estimate the likely pre and post-merger prices in the wholesale market for premium Scotch liquor,…

Q: a. Draw AD2 on the graph below assuming an increase of $135 in aggregate demand. Plot only the…

A: Please comment down for any doubt. I hope my answer helps you.

Q: Questions 1. Will's utility from vacations (91) and meals (92) is given by the function U(V, M) = 91…

A: Step 1:Step 2:

Q: A company is considering the strategy to further expand its activity into a foreign market it…

A: Bid (£750m)                                  /       \              /         \         Successful…

Q: None

A: In economics, the concepts of supply and demand are fundamental to understanding how markets…

Q: 2. The inflation-unemployment relationship The following graph shows the combinations of…

A: Recall that the graph is a historical snapshot and may not accurately forecast relationships in the…

Q: Econ question: a.Explain and show the impact on the money market when the Federal Reserve lowers the…

A: Certainly! When the Federal Reserve lowers the interest rate on bank reserves (IORB), it leads…

Q: Lesson 12 Question 1

A: To calculate the deadweight loss from the tariff, we need to find the consumer surplus, producer…

Q: what are the causes of customer attrition

A: Customer attrition, also known as customer churn, refers to the loss of clients or customers.…

Q: Describe the main differences between each of the four market structures we've studied in class. Be…

A: Let's delve into the main differences between the four market structures: perfect competition,…

Q: A man bought a Ford vintage car for Php 552001 on installment basis at the rate of 12% per year…

A: The monthly payment on the loan = P201.85

Q: None

A: The objective of this question is to understand the impact of Huey Long's 'Share the Wealth'…

Q: Suppose the figure to the right represents the market for a particular brand of shampoo, such as…

A: A monopolistically competitive firm in the long-run has excess capacity. This is because it's…

Q: Suppose you are deciding whether you should go to college. If you go to college, you will pay…

A: Part 1: Cost of College Tuition (Present Value)Annual tuition payment: $10,000Interest rate (i): 7%…

Q: Which of the following is not a bid optimization tool mentioned in the video? Marin O Kenshoo…

A: SEMrush is not one of the bid optimisation tools mentioned in the video among the possibilities…

Q: Barbara borrowed a certain amount of money and repaid the loan with ten payments. The first five of…

A: Step 1: Calculate the present value of the first five payments.The present value of an annuity due…

Q: Lesson 11 Question 2

A: Tax revenue = (P2 - P1) (Q2-Q1)                     = (30 - 15) (15 - 0)                     = 15 *…

Q: None

A: Step 1: Meaning of price floor and price ceilingPrice floor: It is the minimum price set by the…

Q: Please solve ones that were marked incorrect (x).

A: Answers: Answer a: Let's represent the number of advertisements for television, radio, and online as…

Q: 29.The income approach to measuring GDP: A) B) c) focuses on how income is earned, not spent. uses…

A: The objective of the first question is to identify the correct definition of the income approach to…