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A: Q=2KLK=Q2L
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A: please find the explanation below.
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A: MSC= 10+ 0.5Q; MEC = 0.30: MSB = 30-0.3Q; MEB = 0.
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A: The economy's production function is, Y=AK0.3N0.7K= 2000N = 100A = 1
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A: Given Inforamtion Consumption Funcation C = 500 + 0.5Y Producation Function Y = 50K0.5 L0.5 K = 100,…
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A: We are going to use marginal productivity analysis to answer this question.
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A:
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Q: Explain why the AVC curve is "U shaped"?
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A: We get NPW by the following expression,
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A: Given: q = 9K0.8L0.1
Q: The MC curve cuts the AVC and ATC curves at
A: To find : Marginal curve where cuts average curve
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Q: Illustrate the incremental analysis?
A: Incremental analysis is a tool used to make decisions to assess financial information and decision…
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- Suppose the relationship between your study time and your grade on a History midterm is given by the following table:If you study for Your grade will be4 hours 805 hours 906 hours 93What is the "marginal grade improvement (MGI)" of the 5th hour of studying? What is the "marginal grade improvement (MGI)" of the 6th hour of studying? Why might the MGI be diminishing?AS U4 Read the following scenario. Superconductor technology is becoming a widespread and indispensible component of the machines we use today. Superconductors can be found in everything from transportation to electronic signal transmission. Due to our increasing reliance on technology, the demand for superconductors has skyrocketed. As a result, production has also increased exponentially, which has greatly reduced the cost per unit. Use the scenario to answer the following question. Calculate a long-run average cost curve for superconductors.Please show proper computation and explanation for me to understand it better. Thank youuuuu :)
- Solve Consider the followingIn 2022, a company estimates that $500,000 will be spent to produce a new product. If the company expects to sell 200,000 units, by how much should each unit of the new product be sold if the company wishes to make $100,000 profit and the cost of producing each unit is $4?fast i will 10 upvotes
