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A: Consumer Surplus is the difference between what the consumer is willing to pay for a particular good…
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A: Definitions and FormulasMarginal Cost (MC): This is the cost of producing one additional unit (in…
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- the amount of cereal consumed by a member in a hotel varies directly as their number if 900k of cereal are needed in a month by 50 members. how many members will be need 2610kg of cerealP Take a Test - Anil Akdereli - Google Chrome A mathxl.com/Student/PlayerTest.aspx?testld=229144925¢erwin=yes EC 102 2020-2021 Spring Anil Akdereli & 04/13/21 9:37 PM Quiz: EC 102 - Spring 2020-2021 - Make-Up for the 2nd Quiz Time Remaining: 00:24:13 Submit Quiz This Question: 1 pt 2 of 8 (7 complete) This Quiz: 8 pts possible The graph on the right shows the demand and supply curves in the market for workers in Starbucks coffee shops (called "baristas"). Assume that Starbucks baristas are unwilling to accept a wage lower than $11 per hour, causing the wage to be fixed at that level. 20- 18- Suppose that, due to concerns about the high number of calories in many Starbucks drinks, the demand for Starbucks products declines. So 16- Use a graph to explain what will happen to employment in the market for baristas? 14- 1.) Using the line drawing tool, plot either a new labor supply or labor demand curve that would result from the decline in Starbucks sales. Label your line…calculate the missing values and show the calculation
- Evaluate the following expression. 12C5hapter 02 Teresa is a hard-working college freshman. One Sunday, she decides to work nonstop until she has answered 176 practice problems for her math course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time 8:00 AM Total Problems Answered 0 9:00 AM 80 10:00 AM 128 11:00 AM 160 Noon 176 Use the table to answer the following questions. The marginal, or additional, gain from Teresa's second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Teresa's fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant for Teresa's math course gives her some advice. "Based on past experience," the teaching assistant says, "working on 40 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during each hour…Idk high errrt
- ChatGPT efe-5535-4186-8898-a97f30902ebc + utomatically save as you proceed through the test. Question 13 11/42 answered Ō Time Remaining: 39m Answers are saved Hide 19s automatically Which points represent a production level that could be economically efficient? Select all that apply. [Image description: The graph below shows the production possibilities frontier for sedans and convertibles. Vertical axis is thousands of sedans and horizontal axis is thousands of convertibles. There are four points on the graph, labelled A through D. Point A is inside the PPF. Points B and C lie on the PPF at different positions. Lastly, Point D is outside of the PPF.] Thousands of sedans 12 D 10 B 8 6 T 2 C A 0- 0 2 4 6 8 10 12 Thousands of convertibles Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a A Q Search 口 9: 6/7Typed plz please don't use AI not for the solutionI need answer typing clear urjent no chatgpt used i will give upvotes
- 4PLS HELP ASAP ON BOTHOnly typed answer and please don't use chatgpt otherwise I downvote the answer Q = 12S1/2P-2. Q is number of newspapers sold and S is number of inches of news printed. The cost of reporting S units is $10S. The cost of printing one copy of the newspaper is $0.08, so the total cost of Q = $10S + .08Q. How many copies will be sold at the profit maximizing price when S = 100? Round (up) to the nearest newspaper.