(c) Considering a pool market with a forecast demand of 600MWH. (i) Assume company B decides to put 3 bids in the pool, each supplies 200 MWh. Find the marginal price of each bid and thus build the supply curve of company B up to 600 MWh. Assume company C also decides to put 3 bids, each supplies 200 MWh. Find the marginal price of each bid. Arrange all the bids from companies B and C in merit order and calculate the revenues of both companies. (ii) (iii) Rp= £ 1382 %3D Rc= $ 2764

Q: The management of VGA Textile Company is considering of constructing a plant to manufacture a propos...

A: Annual Worth (AW) is a method of capital budgeting. AW is generally used for comparing two or more a...

Q: Kate has endowment E = (2775, 3000), i.e. she receives E = 2,775 in the first period and E2 = 3,000 ...

A: E = ( 2775, 3000)  r = 0.2 R(z) = 180. (z-100)1/2 , if z>100 R(z) = 0, if z<100 u = xy

Q: please answer the questions i've attched question 4 and 5

A: 4) a) Consumer surplus (CS) is obtained by subtracting the amount of money that a customer is willin...

Q: . The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. What is th...

A: To find:  The average total cost pf producing 50 units is Rs.250 and total fixed cost is Rs.1000. Wh...

Q: Critically assess the Regional Systems of Innovation theoretical framework as (i) an explanation of ...

A: Regional systems of innovation framework is a method of explaining the process of regional developme...

Q: A good that crosses borders one or more times as it gets progressively assembled is called an ______...

A: The full vary of activities like style, production, marketing, distribution, and support to the ulti...

Q: ood X as an input into its manufacturing process. It buys 8000 units of good X 1000 units of good Y,...

A: *Answer:       

Q: 4. Calculate nominal GDP three ways for the hypothetical economy below. Transaction Value of Final U...

A: GDP is the the market value of goods and services produced domestically during the year. There are t...

Q: As explained by the economists, economic development and economic growth are the same. TRUE OR FALSE...

A: When comparing one period to the next, economic growth is defined as a rise in the production of com...

Q: If government procurement officials are stewards of public funds, how can the public ensure that thi...

A: ANSWER  

Q: Walras' law says that for any strictly positive price p . Select one or more: a. . the value of mark...

A: The answer is - a. The value of market excess demand is zero.

Q: If the cost of a new production line is $40,000 and the expected free cash flows resulting from this...

A: particular Amount Cost -40,000 Inflow in Year 1 12000 Inflow in Year 2 12000 Inflow in Year ...

Q: Use the two-period model from the Appendix to answer this question. Your current income is 30,000. Y...

A: Current period income (Y1) = 30000 Current period expenditure (C1) = 24000 next period income (Y2) =...

Q: An investment of 15,000,000 yields net annual revenues of 11,500,000. What is the simple payback per...

A: People make investments to generate annual revenues. The net annual revenue is the difference betwee...

Q: Using the table below, Calculate the Net Barter term of trade for each year using 2010 as the base y...

A: Using the table below, Calculate the Net Barter term of trade for each year using 2010 as the base y...

Q: A vertical supply curve parallel to the price axis implies that the elasticity of supply is

A: To find:  A vertical supply curve parallel to the price axis implies that the elasticity of supply i...

Q: Barbara and Antoni each work 8 hours a day producing lemonade and pizza. In eight hours, Antoni can ...

A: The following graph represents the PPF of Antoni and Barbara;

Q: Pls answer all three question, pls explain the correct option in 5-6 sentences.

A: In an economy, the central bank has various functions to perform that make it different from other f...

Q: 1. Comparison of two (2) administration in the Philippines in terms of poverty and unemployment ( yo...

A: The Philippines is a presidential republic with an equal distribution of authority across its three ...

Q: Identify and explain using appropriate diagrams the 2 main categories of gains from trade

A: Introduction: The exchange of products and services between parties, or the buying and selling of co...

Q: Which of the following statement is false?   A.   Consumption smoothing occurs when people borrow...

A: Nominal interest rate refers to the interest rate that does not consider inflation into account wher...

Q: There is a change in the law and tax accountants now need only one year of training to prepare taxe ...

A: If the wages of the worker's increases or decreases then there will be no shift in the labour supply...

Q: What the government can do overcome or at least minimize the problems to reduce the gap of life expe...

A: The average length of time an organism is predicted to survive is determined by the year of birth, p...

Q: The demand for good X is described by Qx = m – 2 In (Px), where Qx is the number of good X demanded,...

A: The elasticity of demand is given by eD=dQxdPxPxQx=-2PxPxQx=-2Qx The absolute value is given by 2Qx....

Q: 2. Explain the effects of excessive money supply and how to stop it.

A: The excessive money supply is the reason for the change in expansionary monetary are purchasing gove...

Q: 16. (continued) What if the TEP increases? Fill in the table below to study that. What best describe...

A: Given  Production function  Y=AKL  

Q: Troy Long wishes to deposit a single sum of money into a savings account so that five equal annual. ...

A: here we calculate the amount expect by Troy by calculating the present value so the calculation of t...

Q: Most U.S. states impose gasoline taxes as a way to collect revenue. Assume that there are no market ...

A: Note: “Since you have asked multiple questions, we will solve the first question for you. If you wan...

Q: A firm with technology y = 4x^(1/2) sells output for p = $100 and purchases the sole input for w = $...

A: y = 4x1/2  x = y2 / 2  p = $100  w = $40 The government imposed a tax of $20 per unit of output

Q: Assume that the loanable funds market is in equilibrium, as shown in the graph. If households become...

A: In the market of loanable funds, the price is considered to be the rate of interest and money is the...

Q: total revenue is maximized. Which of the following policy actions could the Central Bank use to comb...

A: Central Banks use monetary policy to adjust the inflationary pressure in the economy. Central Banks ...

Q: The equation for the marginal productivity of capital is given by: MPK = 1,000 - 10K The price of a ...

A: Given: The marginal productivity of capital is: MPK = 1,000 - 10K The price of a unit of capital is ...

Q: Explain the three main types of unemployment and outline the policies that can be used to reduce eac...

A: Unemployment is a situation in which a person who is willing and able (capable) to work do not find ...

Q: 1. Use Exhibit 1. Which of the following statements is (are) correct? (x) Using the midpoint method,...

A: Income elasticity of demand measures the change in Qd(quantity demanded) of a product in corresponde...

Q: 4.Paul made holidays in Istanbul in February 2021. The nominal exchange rate then was 1 GBP = 10 TRY...

A: In February 2021 the price of the holiday was 500 GBP = 500*10 TRY= 5000 TRY. A 50% increase in the ...

Q: QUESTION 2 Suppose that an economy's production function is y-ALO.5g0.3y0.7, where Y is output, A is...

A:

Q: Using the dynamic aggregate demand and aggregate supply model, illustrate and explain the impact of ...

A: Demand: It refers to the goods and services that people demand. The more demand will help the people...

Q: Economic rent can accrue to

A: To find:  Economic rent can accrue to

Q: 8. The reserve requirement, open market operations, and the moneysupply Consider a banking system wh...

A: "Since you have asked a question with multiple sub-parts, we will solve first three sub-parts for yo...

Q: Rational choice is made by comparing different incentives. is what you must give up to get what you ...

A: C is a choice that uses the available resources to best achieve the objective of the person in makin...

Q: 15. For this question use this aggregate production function as a model of output. Y = Ax VK x VI Th...

A: Answer to the question is as follows

Q: In Japan, from the 1990s to the late 2000s, the interest rates fell to very low levels. However, thi...

A: (Q) In Japan, from the 1990s to the late 2000s, the interest rates fell to very low levels. However,...

Q: (a) (i) Define “expansionary fiscal policy” using above Malaysia budget 2022article. (ii) Explain th...

A: Fiscal policy refers to government measures used to stabilise the economy, specifically by manipulat...

Q: 1. A company has determine the price and the monthly demand of its products are related by the equat...

A: In order to maximise the profit, we set up a profit function and differentiate it with respect to th...

Q: Under which of the following conditions would the interdiction of illegal drugs result in a decrease...

A: In a market, a situation when quantity sold and total spending, both will decrease is the one when t...

Q: If the sum of Php 15,000 is deposited in an account earning interest at the rate of 12% compounded s...

A: In the question above, it is given that : Sum of money = Php 15,000 Rate of Interest = 12% = 0.12 Ti...

Q: What is the opportunity cost involved in moving from point B to A? Production possibility curve Shoe...

A:   Meaning of Production Possibility Frontier: The term production possibility frontier refers to the...

Q: Which curve shifts and in which direction when the following events occur in the tax accounting mark...

A: a) Answer:- Demand increases. Explanation:- On tax day, ever more individual are going to look to re...

Q: A grocery store raises the price of baked goods and finds that the total revenue in the bakery depar...

A: When due to increase in price of a good if total revenue decreases then it shows decrease in demand ...

Q: Besides the common practice of charging copayments, health insurers have no successful strategies fo...

A: Answer is given below