35. The increase in income generated by the additional government expenditure decreases the demand for money. True False 38. The suggestion that a seller will try to set price based on "what the market will bear" is explicit recognition of the constraint imposed by: the need for most firms to earn positive economic profits over time if they are to remain in business. the price elasticity of demand for that item. ||>

14. Demand for factors of production is A. O Derived demand B. O Joint demand C. O Composite demand D. O None of the above

The DoorCo Corporation is a leading manufacturer of garage doors. All doors are manufactured in their plant in Carmel, Indiana, and shipped to distribution centers or major customers. DoorCo recently acquired another manufacturer of garage doors, Wisconsin Door, and is considering moving its wood door operations to the Wisconsin plant. Key considerations in this decision are the transportation, labor, and production costs at the two plants. Complicating matters is the fact that marketing is predicting a decline in the demand for wood doors. The company developed three scenarios and determined the total costs under each decision and scenario, which are given in the accompanying tables. Complete parts a through c. Click here to view the scenarios. Click here to view the total costs. a. What decision should DoorCo make using the aggressive strategy? Select the correct choice below and fill in the answer box to complete your choice. O A. DoorCo should move to Wisconsin because it has the…

Question 3 Question 6 $19 16 Question 16 13 10 30 0 Total Product Assume that supply of a product increases while the demand for it decreases. Then, the equilibrium quantity will, 100 160180 210 Quantity In order to maximize profits, this firm should charge $ Average Fixed Average Variabile Cost Cost $100.00 33.33 25.00 Question 11 2.5 points Save An Paris has a weekly income that she spends on two goods: fast food meals and sugary drinks. If she spends all her money on fast food meals, she can buy 8 of them. If she spends all her money on sugary drinks, she can buy 9 of them. Calculate the opportunity cost of one y drink (in terms of fast food meals) your answers as a number with 2 c (like 2.38 or 1.00 or 9.35) as your answer. 16.01 14.2% 12.50 11.11 10.00 $17.00 16.00 15.00 14.00 14.00 15.71 17.50 19.44 Average Total Cost $117.00 66.00 MC 34.00 30.67 SO 30.00 30.55 31.60 33.09 MR Marginal Cost $17 ATC 1.5 points (choose one and write it out exactly as it is written: increase,…