A Dollars 36 C 0 OOAJE. OOEHB. O OEGC. HK O NM times OM. ELM MC MR Quantity ATC Refer to the diagram. At the profit-maximizing level of output, total revenue will be Demand

2..6

[Related to Solved Problem 10.4 on page 330] In an article in the Quarterly Journal of Economics, Ted O’Donoghue and Matthew Rabin make the following observation: “People have self-control problems caused by a tendency to pursue immediate gratification in a way that their ‘longrun selves’ do not appreciate.” What do they mean by a person’s “long-run self ”? Give two examples of people pursuing immediate gratification that their long-run selves would not appreciate. Based on Ted O’Donoghue and Matthew Rabin, “Choice and Procrastination,” Quarterly Journal of Economics, February 2001, pp. 125–126.

I only need answer to question D.

Oscar purchased a $30 steak for dinner, but burned it bad on the grill. Since he paid top dollar for the steak he figures he should eat it anyways. Is Oscar properly using economic reasoning? Yes, the marginal cost of not eating the steak would be $30. No, the $30 spent on the steak is a sunk cost and should not be included in his decision whether to eat the steak or not.. Yes, if he doesn't eat the steak he will have wasted economic resources. No, the opportunity of eating the steak is whatever else he could have purchased for the $30.

Solve all this question......you will not solve all questions then I will give you down?? upvote......

Need help with a disscusion post response. The image attached is the other persons post. I must reply with an option or added information. Must be 150 words.  Here is the orginal instructions to reference... (DO NOT ANSWER, I ONLY NEED TO REPLY TO THE IMAGE ATTACHED) Identify, describe, and explain two lessons from microeconomics that you find most important to your future. Try to find one lesson from "business economics," one lesson from "microeconomics applied to society," and one lesson involving global issues. Describe and explain providing interesting examples! Respond to at least one lesson identified and explained by one or your classmates.

Solve all this question......you will not solve all questions then I will give you down?? upvote.....

The questions are attached in the image. The questions are based on 'General equilibrium' model in 'economics'. (please do not tag it in some other subject) These are simple Multiple choice questions which are undergrad level. Please do not reject them.  The answers to 45,46 and 47 are D,C and C respectively. Please answer the following as well: 1. For 45, provide the set of pareto efficient outcomes. 2. For 46, provide an algebric solution if possible. Provide a mathematical argument. 3. For 47, provide provide a set of points (if exists) that will take us to the given equilibrium under the given conditions.  The questions are easy. PLEASE DO NOT REJECT IT!