Q#1. Use the following equations to graph the MB and MC curves. MC = 10 MB = 40 - 4q1 40 35 30 25 20 15 10 10 20 30 40 50 60 70 80 90 100 Q#2. Suppose there is a finite amount of this resource available, Q = 100. How many units of this resource will be used/consumed in period 1?

Consider the model of a firm that produces final goods using R&D and components as inputs, with cost dataas follows:Assembly: Total cost of production = PAQA = 400Earnings of High-Skilled Labor = WHHA = 100Earnings of Low-Skilled Labor = WLLA = 200Earnings of Capital = RKA = 100R&D: Total cost of production = PRQR = 400Earnings of High-Skilled Labor = WHHR = 175Earnings of Low-Skilled Labor = WLLR = 125Earnings of Capital = RKR = 100A) Which factor is assembly intensive? In which factor(s) is R&D intensive?B) Suppose that due to the opening of trade, the price of assembly falls by ∆PA/PA = −20%, the price of R&D remains unchanged, ∆PR/PR = 0%, and capital’s share earnings remains constant.C) What has happened to the relative wage of high-skilled/low-skilled labor? Does this match the predictions of the offshoring model?

What is the average variable cost of washing 90 cars?   is the answer 4 or .7?

What cost would an accounting statement reveal should current decisions be based on accounting cost.