What is the reservation price ($/campsite ) for campsites? 0 100 1000 Suppose Yosemite Valley currently has 500 campsites. What would be the benefit (in dollars per day) derived from increasing the number of campsites to 600? 4500 45000 9000

Producers' Surplus A supplier of portable hair dryers will make x hundred units of hair dryers available in the market when the unit price is p = V 16 + 2.8x dollars. Determine the producers' surplus if the market price is set at $10/unit. (Round your answer to two decimal places.) $ 3000 Need Help? Read It Watch It

The Acmeville Metropolitan Bus Service currently charges $0.99 for an all-day ticket and is used by an average of 623 riders a day. The bus company is not earning a profit, but according to their contract with the city, they cannot cut the number of buses on the road. They must, therefore, find a way to increase revenues The bus company is considering increasing the ticket price to $1.21. The marketing department's studies indicate this price increase would reduce usage to 473 riders per day. Calculate the price elasticity of demand using the midpoint method for bus tickets to determine if the bus company should increase price or decrease price to increase revenues. Enter your answer as an absolute value and round it to two places after the decimal price elasticity of demand: Determine if demand is elastic or inelastic and what this implies regarding how ticket prices affect revenue Demand is inelastic, so decreasing ticket prices will increase revenue Demand is inelastic, so…

Price ($/unit) 150 120 70 40 10 100 $2,500 $1,500 $4,000 $1,000 200 300 Supply Demand Quantity (thousands) Referring to the above figure, and as a result of the price increasing from $70 to $120, total deadweight loss to consumers and producers would be:

the graph shows the demand curve for curcus tickets the average total cost curve and the marginal cost curve??? :(( Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.

Do you work as an assistant coach on the University swim team and earn $15 an hour when they decide to skip the hour long practice and go to the Local carnival instead which has an admission fee of $9?

Joe decided to quit his computer-programming job (where he was earning $48,000 per year) to start his own software business. For his office, Joe will use a two-story building that he bought 7 years ago for $250,000. The building is located in Hyde Park (South side of Chicago) in an area where a lot of recent construction has taken place, so the market price for the land has increased. You are given the following information about the costs of his firm: Joe will pay himself a wage of: Maintenance and insurance Revenue Land's salvage (resale) value Risk-free interest rate $18,000 per year $30,240 per year $96,000 per year $395,000 4.75% annually Assume for simplicity that all taxes are equal to zero. Calculate the economicannual profits of this firm (you can assume that investing the money at the risk-free rate is its best alternative use).

Rent of a factory is the fixed cost for the firm True/False

My student id is 2020-3-60-007 and (Departmental code - 101)   (a) Plot Demand, Marginal Cost, Marginal Revenue and Average Total Cost curve inone graph. Identify the Profit maximizing level of price and quantity in the graph.(b) Calculate the Profit from the above graph given the following data:• Profit maximizing Price level is the first 4 digits of your EWU Student ID• Profit maximizing Cost level is the last 3 digits of your EWU Student ID• Profit maximizing Output level is the 2 digits (departmental code) from yourEWU Student ID

1. The marginal price ?? ?? at ? units of demand per week is proportional to the price p. There is no weekly demand at a price of $1000 per unit, that is ?(0) = 1000. There is a weekly demand of 10 units at price of $367.88 per unit, ?(10) = 367.88. (A) Find the price-demand equation. (B) At a demand of 20 units per week, what is the price?   Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.