Q: Assess the economic implications of free trade in the third world country. Is this good for the deve...
A: Bilateral trade: Two-sided exchange is the trading of products between two countries advancing excha...
Q: 37. A nominal rate of 15% compounded monthly is equal to what effective rate of interest. 18.95% 15....
A: Answer- "Thank you for submitting the questions.But, we are authorized to solve one question at a ti...
Q: What is the government policy that supports research and development (R&D), doesn't involve the gove...
A: The process through which there is the creation of improved or new technologies that could help in p...
Q: A firm's marginal cost can always be thought of as the change in total cost if O the firm moves to t...
A: The marginal cost definition is the cost of producing a service or product unit that is not intended...
Q: For a company with (inverse) demand function P = 4,510 - 55Q and cost function C = 88,000 + 660Q, le...
A: P=4510-55Q C=88000+660Q Total Revenue=PQ TR=(4510-55Q)Q TR=4510Q-55Q2 Maximizing TR : Differentiati...
Q: Refer to the given data in the table below. Assume that labor is the only variable input. Please cal...
A: Marginal product is the additional output produced by employing an additional unit of worker.
Q: Anna applied for a loan with a bank and P50,000 was approved at an interest rate of 13% of which P6,...
A: Given:- Interest deducted=P6500 Money received/Net loan after interest deduction=P43500 Please find ...
Q: 2. Graphically show the impact of the following on the real exchange rate and the trade balance (a) ...
A: The real exchange rate is the price of commodities and services produced in foreign comparative to t...
Q: O Consi der Hhe following » The inverse femand function is given by p= 30-@ where Q= Eit $ Cournet m...
A: First, we look at the answers form previous parts. Firm 1 reaction function: 2q1+q2=24Firm 2 reactio...
Q: 51. It is the amount of property would sell if disposed off as a junk. market value salvage value sc...
A: We are authorized to answer one question at a time, since you have not mentioned which question you ...
Q: how does endogenous growth theory explain economic growth
A: Neoclassical growth model: - Neoclassical growth model was first given by Robert Solow and Trevor Sw...
Q: clearly demonstrate how intra and inter temporal choice models can make society incur an opportunity...
A: Managerisl economics characterized as discipline of financial aspects worried about utilization of m...
Q: O Conri der Hhe fallowing Cournet medel. The inverse femand function is given by p= 30-0 where Q = {...
A: According to the Cournot model of oligopoly, competitors produce a uniform product and compete for p...
Q: Consider the following Table below: Product 1 Product 2 Initial price and quanti...
A:
Q: Compute the economy's GDP using the expenditure approach. Assume that all transactions are 2019. C G...
A: GDP = consumption expenditure + investment expenditure + government expenditure + net exports
Q: FF (store grain; 20% losses) 150- FF (lend at 10%) .FF (invest grain; 50% return; borrow at 10%) „FF...
A: Above problem pertains to intertemporal choice in which consumer has to distribute his consumption o...
Q: f Coffee, Co. and the Tea Shoppe plan to collude on their weekly advertising decision, Multiple Choi...
A: There are two firms, i.e., Coffee Co and Tea Shoppe. The weekly profit for both firms is given in t...
Q: Goals and objectives of Poverty Alleviation Program in the Philippines.
A: As a product is manufactured and put into production, cost is calculated and business follow ups. B...
Q: The growth rate of nominal GDP was 9.4%, and the growth rate of real GDP was 7.4% for Iceland in 201...
A: Gross domestic product (GDP) is a monetary measure of the market value of all final goods and servic...
Q: 12. How long in years will it take the money to triple its amount when deposited at the rate of 12% ...
A: Dear Student as you have posted multiple questions, but we are allowed to attempt only 1 question at...
Q: 6. Which of the following is most likely to have a high-income elasticity of demand? 1. Meals at cla...
A: Since you have asked multiple question, we will solve the first question for you. If you want any sp...
Q: 1. The demand for good X is given by Qdx = 1,200 -P,+,-8P, +M. Research shows that the prices of rel...
A: Since you have provided multiple subparts questions, we will solve the first three sub-parts for you...
Q: The amount which from the transaction entered by the person who borrows money called the debtor or m...
A: Answer-
Q: Suppose there are two consumers, A and B. The utility functions of each consumer are given by: UA(X,...
A:
Q: Quantity Total Fixed Cost Total Variable Cost Total Cost Average Fixed Cost Average Variable Cost Av...
A: Here, the given table shows different types of cost incurred in the production process and the missi...
Q: through Work. She plans to retire in 25 years. The income taxes are at 35% for her. (1) What are Gin...
A:
Q: A couple is considering moving to Tokyo from New York. Casey's cost of moving is S60,000, and Ashley...
A: If they move to New York, their total cost=60,000+90,000=150000 If their increased income= (550,000-...
Q: State (a): Two stable steady-states State (b): Fragile economic booms followed by stagnation trap Ev...
A: Because low aggregate demand depresses aggregate demand and pulls the policy rate closer to zero, th...
Q: MACROENVIRONMENT ELEMENT Characteristics (Define the given element by identifying its nature, charac...
A: Free market: Free market refers to the market system without government intervention. In this, the e...
Q: Consider the impact of a cut in the interest rate set by the central bank (the "policy rate"), which...
A: Interest rate: - it is the percentage charge on the principal amount by a lender to a borrower.
Q: Refer to the figure below. According to this graph, the relationship between hours of study time and...
A: When two variables are positively/directly related it means that when one variable's value rises, th...
Q: The following table contains data for country A for the year 2019. Household purchases of durable go...
A: Answer: Net exports: net exports refer to the difference between the exports of a country and the im...
Q: Which of the following statements best describes the Diminishing Returns to Labor: Select one: Oa. W...
A: Diminishing Return to labor:- Diminishing returns to labour, or principle of diminishing marginal pr...
Q: Table: Population Data for Estill County Demographic Group Employed Unemployed and looking for work ...
A: Labor force = Employed + unemployed looking for work = 5000 + 1000 = 6000
Q: What are the independent and dependent variables of US-Iran Conflict on the strait of Hormuz and its...
A: The strait of Hormuz serves as an globally important narrow water way which connects the Persian gul...
Q: The market for bread is competitive with the demand and supply functions as follow • Supply: P=1+0....
A: Cartel prices are higher than free-market equilibrium prices whereas cartel quantity is lower compar...
Q: What is the term for the lowest level of output at which a firm's goods are produced at minimum long...
A: please find the answer below.
Q: Consider the following Cournot model. The inverse demand function is given by p = 30 –Q, where Q = ...
A: Disclaimer :- as you posted multipart questions we are supposed to solve the first 3 questions as pe...
Q: To make sensible judgments about economic policy, we must: Select the correct answer below: O demoni...
A: Economic policy refers to policy that addresses that problems of the economy itself.
Q: Each actor has two possible actions: reduce greenhouse-gas emissions or increase emissions. Each pla...
A: Game theory: - Game theory is the mathematical way of decision-making by different players competing...
Q: Suppose that in the model of Myers and Majluf (1984) the parameters take on the following values: λ ...
A: Senders of various sorts pick the same signal in a pooling equilibrium. This means that the signal p...
Q: Since everyone has the same needs, we can therefore say that scarcity is an absolute term. Is this T...
A: Scarcity is a very important economic problem which shows the difference between the unlimited wants...
Q: Shifts in the IS curve the AD curve, and changes to the reaction function the AD curve. Select one: ...
A: Shift in IS curve:- Each and every alteration (reduction in public spending, tax increase, reductio...
Q: Assume in a given company the marginal productivity can be characterized by the following function M...
A: At the marketplace, a firm tries to maximize its profit, due to which it makes constraints for resou...
Q: Refer to the following table. If the market price of the good is $150, the firm will in the short ru...
A: The marginal cost (MC) curve at and above the shutdown point is the short-run supply curve for a com...
Q: A newly constructed water desalination plant costs $5.3 million, and has a capacity to supply 2,658 ...
A: Maintenance cost represents all expenses that are the result of your efforts to keep physical assets...
Q: In the United States, childless women with the same education and experience as their male counterpa...
A: Gender pay gap refers to the gap in the wage rate of men and women in an economy. This refers to inc...
Q: GNP equalk GDP income earned domestically by foreigners income that nationals earn abroad. minus; mi...
A: The measure that depicts the value of goods and services being produced in an economy during a speci...
Q: 3. Two countries, Taiwan and Korea, produce two goods, avionics and integrated circuits (ICs), using...
A: Autarky is a kind of self-reliance and restricted trade that is commonly characterized as a form of ...
Q: A firm produces good Y with just 2 factors: Capital which is fixed in supply and labour which is var...
A: "Since you have asked a question with multiple sub-parts, we will solve the first three sub-parts fo...
What is the Marginal Cost if
TC =10+5q
What is the marginal cost if
TC= 100+5q
Explain
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
- Sea lions have been depleting the stock of steelhead trout. One idea to scare sea lions off the Washington state coast was to launch fake killer whales, predators of sea lions. The cost of making the first whale is $25,000—$7,000 for materials and $18,000 for the mold. The mold can be reused to make additional whales, so additional whales would cost $7,000 apiece.a. Calculate the total cost and average total cost of producing 1 to 10 fake killer whales by filling in the table below.Instructions: Enter your responses rounded to the nearest whole number. Quantity Total Costsof Mold ($) Total Costsof Materials ($) Total Costs($) Average Total Costs ($) 1 18,000 7,000 25,000 2 3 4 5 6 7 8 9 10 b. Does production of fake whales exhibit diseconomies of scale, economies of scale, or constant returns to scale? Diseconomies of scale Constant returns to scale Economies of…Can you differentiate which is the best and which is the worst between Constant Cost Condition, Increasing Cost Condition, and Decreasing Cost Condition?2. If c=3q-3q2+q3is a cost function, when is marginal cost decreasing?
- In 1796, Gottfried Christoph Härtel, a German music publisher, calculated the cost of printing music using an engraved plate technology and used these estimated cost functions to make production decisions. Härtel figured that the fixed cost of printing a musical page—the cost of engraving the plates—was 900 pfennings. The marginal cost of each additional copy of the page is 5 pfennings (Scherer 2001). a. Graph the total cost, average total cost, average variable cost, and marginal cost functions. b. Is there a cost advantage to having only one music publisher print a given composition? Why? c. Härtel used his data to do the following type of analysis. Suppose he expects to sell exactly 300 copies of a composition at 15 pfennings per page of the composition. What is the greatest amount the publisher is willing to pay the composer per page of the composition?What is Explicit Cost?what is explicit cost with example
- What are two examples of variable costs?Use the information in the graph to the right to find the values for the following at an output level of 35. 100 The marginal cost is S (Enter a numenc response using an integer.) MC ATC AVC 54 38 -- 17 35 PostFill in the appropriate numbers in the blank spaces, given the following information:output Total fixedcost (RM) Totalvariable cost(RM) Averagefixedcost(RM)Averagetotal cost(RM)Marginalcost(RM) 0 100 01 100 202 100 503 100 604 100 655 100 70
