Refer to the figure above. When the demand curve is given by P, = $30, how much profit is this producer earning? 40 40 35 30 30 25 20 20 T I 65 20 16 15 12 10 5 I I 10 20 J C 30 30 45 50 60 60 70 70 MC ATC P₁ AVC P2 P3 60 80 90 100 110 Q

Don’t do question 9, just look at the info and chart on question 9 and apply it to question 10 in the next image.

If a consumer's Engle curve for a certain product is downward sloping then (a) the product must be a normal good. (b) the product must be an inferior good. (c) the product must be a bad. (d) the product must be a neuter. +

I cannot read the hand writing can someone tyoe this out for mr please ?

Question 32 Which points represent a production level that could lead to unemployment? 12 10 Thousands of sedans 8 9 4 A 2 D B C 0- 0 2 4 6 8 10 12 Thousands of convertibles Full text description Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. Q Search

6. Elasticity and total revenue The following graph shows the daily demand curve for bikes in Houston. Use the green rectangle (triangle symbols) to compute total revenue at various prices along the demand curve. Note: You will not be graded on any changes made to this graph. PRICE (Dollars per bike) 300 275 ) 250 225 175 150 125 100 75 50 25 0 0 + 6 12 18 24 30 36 42 48 QUANTITY (B) Demand 54 60 66 72 Total Revenue

how was EVwSample info calculated for this problem?

What is the AVC and MC?

Imagine you are the mayor of a town and you are trying to decide if you should pay for a fireworks show. Your staff survey your 400 citizens who say that they each value a fireworks show at $10. The fireworks show only costs $3,000 so you put on the show but when you ask for donations to pay for the fireworks you only receive $25 total. What does this result show? Select an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer. You staff's survey must have overestimated the value of a fireworks show. b The fireworks cost must have been greater than their economic benefit. The firework show suffered from the Tragedy of the Commons problems d The town's citizens were free-riders.

Whats a problem customers face with LCD Panels Battery issues?