Suppose an analyst attempts to estimate a consumer's willingness to pay for a policy that lowers the price of childcare. The willingness to pay should be measured as: Other Goods BCafter Childcare BCbefore BCB BCA А. ВС, to BCA 'Aft er В. ВСдfer to ВСЬ e for e О С. ВСА to BCB 'Aft e r D. BCA to BCв

Layout References Review View Help Editing v s New Ro... v 12 A er s A B IU A v A ... b. C. d: e. 3. The table below demonstrates the total utility Terrence derives from eating different quantities of plates of thanksgiving dinner. Calculate the marginal utility for each plate then graph the total utility and marginal utility (with total utility graph above the marginal utility graph lining up the Qty). Quantity of Plates Total Utility from Plates Marginal Utility from Plates 1 250 2. 380 425 375 300 English US) Te Piedictions, On Bred 71°F Clear re to search

Refer to the graph below. Assume that the initial equilibrium in the market for bus rides is point A (30 rides per week). The price of bus rides increases and the equilibrium shifts to point B (20 rides per week). The income effect of the change in consumer behavior is the $ of other consumption 45 40 35 30 25 20 15 10 5 T T T T T T L B C A 5 10 15 20 25; 30 35 40 45 26 # of bus rides per week decrease of consumption by 4 decrease of consumption by 6 increase of consumption by 6

A Quick Review of Perfect Competition and Monopoly Figure 39.1 Graphs of Monopoly and Perfect Competition Monopoly Perfect Competition R MC ATC MC ATC AVC K D= MR (G .M. H. MR E LM QUANTITY A B D QUANTITY These questions are based on Figure 39.1. Underline the correct answer. Assume that the monopoly can set only one price. Both the monopoly and the perfect competitor seek to maximize profits. 1. A monopoly firm will maximize profits at what price? (B) OB (A) OA (C) OC (D) OR 2. Economic profits for the monopoly firm are represented by the area of which rectangle? (C) AJHB (A) OCGE (B) OAJE (D) BAJN 3. Total costs for the monopoly firm are represented by the area of which rectangle? (A) BKLO (B) CGEO (C) AJEO (D) BHEO 4. The total revenue for the monopoly firm is represented by the area of which rectangle? (C) AJHB (A) OCGE (B) OAJE (D) BAJH 5. The perfect competitor will maximize profits at what output level? (в) ов (A) OA (C) 0G (D) OD COSTS/REVENUE (DOLLARS) ------- COSTS/REVENUE…

Assume you have your car broken down just before the weekend. You value your weekend trip as muchas v and if you have to stay home you get the zero utility. There are two dealerships in your town. Atthe beginning of the day they simultaneously choose a price for repair. Dealers know that when you cometo one of them and observe the price, you can always call to another dealer to make an inquiry about hisprice. The call is costless. The other dealer, however, can be occupied for this day. Assume, this happenswith probability   which is a common knowledge (but the dealers do not know whether the other dealer isoccupied or not). Assume zero repair cost for the dealer and find a symmetric equilibrium of the game.

Please help me with the chart? I don't understand it

No written by hand solution