Use the table below to answer question. The table shows the demand schedule for tickets to watch amateur baseball games in a medium-sized town. The city provides the ballparks, and the players play for free, so the marginal cost of providing the games is zero. The city has authorized two companies to provide baseball games in two stadiums, and the public considers the games in each stadium to be equivalent. $12 11 10 9 8 7 6 5 4 3 2 1 0 Price 0 Ⓒd. 56; 1,200. Oe. $8; 800. 200 400 600 800 1,000 1.200 1,400 1,600 1,800 2,000 2,200 2,400 Quantity Under competition, the price and quantity in this market would be O a. 50; 2,400. O b. $2; 2,000. O c. $4; 1,600.

homework Question 1: During the pandemic, many workers started to work from home using digital technologies. Children also started homeschooling using digital technologies. At the same time, technological progress has accelerated in the IT industry. Assume that the market for computer is in perfect competition and that the initial price of a computer is 1000 dollars. Given this context, explain the impact of the pandemic on: The supply curve of computers (answer in 70-130 words) The demand curve of computer (answer in 70-130 words) The equilibrium in the market for computers (answer in 70-130 words).

The following statements contain common errors. Identify and explain each error using the demand-supply graph.    The lockdown has caused shutdown of many local fast food outlets. Assuming that the market for fast food is competitive, there will be increase in demand for fast food leading to higher prices.

A demand curve shows the relationship between price and _________________ on a graph. quantity demanded     quantity produced     economies of scale     costs

6. A-One bakery in Brampton sells 350 fruit cakes slices each month for $3.25 each. They are looking for help to come up with a strategy to increase revenue. A student from our school who works their part time conducts a survey. The results of the survey indicate that sales of the fruit cake slices would increase by 80 per month for each $0.10 decrease in price. c. Determine the marginal revenue from the sales of 200 slices of fruit cake. d. The cost of producing x fruit cake slices is C(x) = -0.0005x² + 1.5x + 300. Determine the marginal cost of producing 200 fruit cake slices.

The following graph illustrates the weekly demand curve for motorized scooters in Roanoke. 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 scooter) 300 275 250 200 175 150 125 100 75 50 0 0 + 3 6 9 x 4 * B Demand 12 15 18 21 24 27 QUANTITY (Scooters) 30 33 36 39 Total Revenue ?

Suppose postal service of pakistan is facing increased competition from firms providing overnight delivery of packages.what will be the effect of this competition on market for mail delivered by post office

Due to a decline in demand and popularity. Ford Motor Company is planning to phase out traditional sedans such as Fusion' and 'Taurus' to focus on SUVs and trucks. Ford's sedans and trucks/SUVs are substitutes-in-production, inputs in production complements-in-production. products that do not follow the law of supply. 10000

Consider the daily demand for pizza at a local Italian restaurant, provided in the table below. The number of pizzas demanded at various prices in the table is also illustrated in the graph to the right. First, calculate the marginal revenue for selling pizza in the table. (Enter numeric responses using integers.) Quantity Price Total Revenue Marginal Revenue 0 $18 17 2 16 3 4 14 56 13 1724552 65432 0 32 56 65 Use the line drawing tool to graph the marginal revenue curve in the figure. Properly label this line. Carefully follow the instructions above, and only draw the required objects. Price (dollars per pizza) 20- 18- 16- 14 12- D 10- 8- 6- 4 2- 0+ 0 1 2 3 4 Quantity of Pizzas 5 6

If pepsi bought out coca-cola and cokes family's to form one large mega company what would happen to the price of sodas in the united states