The table shows the aggregate demand and short-run aggregate supply schedules of Chamber Island in which potential GDP is 510 billion. Real GDP Real GDP supplied Price demanded in the short run level (billions of 2007 dollars per year) 90 550 470 100 530 490 Exports decrease unexpectedly, shifling aggregate demand by $40 billion at all price levels. As a result, the price level 110 510 510 will be Chamber Island has experienced 120 490 530 A. a one-time change in the price level B. a demand-pull deflation C. a cost-push deflation D. a demand-pull nflation 130 470 550 O E. a cost-push inflation OO

What is the mc of the 2nd unit 10 20 30 50

S LO 20 # 3 PRICE (Dollars per hot dog) 5. History Bookmarks People Tab Window Help 令) 71% Mind Tap - Cengage Learning /index.html?deploymentld%359828119415547787292595253&elSBN=9780357133606&id%3D1069413986&snapshotid%-D2211990& * CENGAGE MINDTAP Q Search this course Homework (Ch 15) 5. Monopoly outcome versus competition outcome Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium with many hot dog stands in the city, each one selling the same kind of hot dogs. Therefore, each vendor is a price taker and possesses no market power. The following graph shows the demand (D) and supply (S = MC) curves in the market for hot dogs. %3D Place the black point (plus symbol) on the graph to indicate the market price and quantity that will result from competition. Competitive Market +. 4.5 PC Outcome 3.5 3.0 2.5 S=MC 1.5 0.5 D. 120 140 160 180 09 QUANTITY (Hot dogs) 40 PI MacBook Air DA DD F8 F6 F5 F4 F2 %24 6. 7. 8. 9- 4. 2.

The tabulated factors stop at n = 100. how can they be used to calculate (P/F,i,150) and (P/F,i,200)?