Q: Suppose a perfectly competitive firm faces the following short-run cost and revenue conditions: ATC=…
A: perfect competition market is The market where large numbers of firms and buyers exchange homogenous…
Q: 1)Calculate the consumer price index in the year 2020 & 2021 . 2)Calculate the rate of inflation…
A: Cost of the basket = Quantity of copy * Price of copy + Quantity of pen * Price of pen + Quantity of…
Q: 2) During a routine patrol, Enterprise receives a distress call from Earth outpost 3. It turns out…
A: The expected payoff is defined as the expected value of the result's utility, where the likelihood…
Q: 8. An equipment cost P 56,000. Its resale value at the end of the 5th year is P 15,000,00. Using…
A: A depreciation charge is a sum in bookkeeping that is regularly a decent level of the first expense…
Q: 5. Explain why the short-run AVC and AC curves are U-shaped.
A: The cost that depicts the cost of production per unit by dividing the total cost by the total output…
Q: If a country closes off to trade and prices remain unchanged, what does that mean?
A: A closed economy refers to one that does not trade with other countries. As a result, the closed…
Q: Patients often have to wait beyond their time of appointment to be seen by their physician despite…
A: Relative frequency measures how often something is happening divided by all outcomes.
Q: Mention the most desirable way to settle the industrial dispute. Why it is considered as the most…
A: Industrial Disputes are defined as any disagreement or conflict between employers and employers,…
Q: In the short run, the decrease in investment spending associated with business pessimism causes the…
A: The curve that depicts various quantities of goods and services being demanded at various levels of…
Q: Question 2 Refer to the data in Table 1, the consumption function is C = 200+ 0.8 (Y-T). Fill in the…
A: "Macro-economic equilibrium output is attained at a point where income equates the planned aggregate…
Q: a Suppose the central bank sells government securities to a commercial bank. will the money supply…
A: When the central bank sells government securities to the commercial banks , then the availability of…
Q: Suppose a perfectly competitive firm faces the following short-run cost and revenue conditions: ATC=…
A: A perfectly competitive firm is a price taker, and that implies that it should acknowledge the…
Q: 011,000 070,500 51,500
A: Future worth is the worth of a resource at a particular date. It estimates the ostensible future…
Q: 1. Identify and discuss one (1) social AND one (1) economic impact of computers on society 2. 2020…
A: Since you have posted a multiple question, we will solve first question for you. In case you want…
Q: A part can be made either milling, or by broaching: The tooling for the milling machine will cost…
A: production volume estimates the aggregate sum your organization can deliver over a long time. It…
Q: Explain the pricing strategy of a firm that faces an elastic demand curve for its good or service
A: When businesses seek to change their quantity demanded, they employ price elasticity of demand.…
Q: Do you see a risk of stagflation in the current world economy due to coronavirus?
A: Most importantly rising inflation, withdrawal of strategy upgrades, and potential for disintegrating…
Q: q 0 1 2 3 4 5 TVC 0 65 105 135 167 a. 203 6 244 7 293 d. 8 55 355 9 432 10 527 e. 1. Use the table…
A: The various costs are given to us in the question where:- q=quantityTFC=Total fixed costTVC=Total…
Q: "Half-freedom" in New Netherland could be earned only by: a. enslaved WIC employees Ob. Indigenous…
A: When talking about policies and programs implemented by the government, those are based on specfiic…
Q: what lesson can you learn from Geely's transformation and innovation
A: Geely is one of the most advanced and developed car manufacturing industries in the Chinese economy.…
Q: As you know from the classes after you are done with the questionnaire, you have to sample the…
A: Sampling can be either probability or nonprobability: Sampling using probability is as follows: 1-…
Q: Write Company has a maximum capacity of 200,000 units per year. Variable manufacturing costs are $12…
A: The break-even point is the point at which total cost and total revenue are equal, meaning there is…
Q: 9. Answer ALL parts of this question. Consider a standard Hecksher-Ohlin world, with the following…
A: H-O model refers the international trade concept. As per his theory trade happens dur to factor…
Q: TFC q TVC 0 0 1 65 2 105 3 135 4 167 5 a. 203 6 244 7 293 8 55 355 9 432 10 527 4. Explain why the…
A: The Marginal cost (MC) is J-shaped and is simply the performance of the rising portion of the MC…
Q: Choose then discuss in details and in your own English, i.e. DO NOT COPY from the textbook 1. The…
A: We are choosing the first topic for discussion- The WTO Dispute Settlement procedures. One of the…
Q: normative analysis on the desirability of increasing legal immigration to the United States. How…
A: 1. The talents of migrants, the qualities of current workers, and the features of the host economy…
Q: If the price index was 125 last year and is 138 this year, this year rate of inflation will be??
A: Inflation is easy language we can say that it is increase or merely rise in the prices of the goods…
Q: Andy Mendoza makes handcrafted dolls, which he sells at craft fairs. He is considering…
A: Given information V=1000-20P+(1000/P) Total cost=15000+4V
Q: You are the manager in a market composed of 11 firms, each of which has a 9.09 percent market share.…
A: The Herfindahl-Hirschman Index (HHI) is a normally acknowledged proportion of market fixation. It is…
Q: Urgent need Write short notes on (a) ILO’s Conventions (b) Bipartism and…
A: International labour standards are legal documents established by the International Labour…
Q: A6 How long a country can sustain a surplus or deficit on its long-term capital account, are there…
A: The balance of payments is a record of all international trade and financial transactions conducted…
Q: 2 3 4 105 135 167 a. 203 244 7 293 d. 8 55 355 9 432 10 527 e. 1. Use the table above to find the…
A: Formulas for the cost: 1. TC = TFC + TVC 2. AVC = TVC / q 3. ATC/AC = TC / q 4. MC = Change in TC =…
Q: Do ROR finding using WolframeAlpha. A) What are the (rational; non-imaginary) roots you have found?…
A: Given information and For cash flow 1 Initial cost=100 Revenue=110 Time = 1 year For cash flow 2…
Q: Output in an economy is given by the production function, Y=A(UKK) 0.30 (UN) 0.70, where Y is output…
A: The production function of an endeavor is a relationship between inputs used and yield made by a…
Q: 2. Fill in the blank your numeric answer for each of the following question. 1. A machine with a…
A: We will answer the first question since the exact one was not specified. Please submit a new…
Q: Question 190 of 190 FINAL - Social Studies In recent years, the top two manufacturers of soft…
A: Here, it is given that top two manufacturers in the soft drink industry purchase other two…
Q: Imagine you are the managing director of a full service restaurant. One day you receive a complaint…
A: A manager refers to someone who is in charge of a certain area of a corporation, or who'manages' the…
Q: The U.S. economy is faltering, so the value of its associated currency, the dollar, is likely to
A: Here, it is given that US ex experiencing a faltering of the economy, which explains a slowdown of…
Q: How can feminist economics aid in reducing the rate of clime change
A: Producing future economic growth scenarios is one of the economic sides of climate change.Future…
Q: 4. X generator has a first cost of $20,000, AOC of $15,000, and S of $5000 after 4 years. Y…
A: DISCLAIMER “Since you have asked multiple question, we will solve the first question for you. If you…
Q: xample: Interest rate adjusted for inflation if the market interest rate is 10% and the overall…
A: Given information: The market interest rate is 10%. => Nominal interest rate = 10% -----------…
Q: 15. Mainly, "Engineering Economy" involves: a. Marketing, statistics, contingency plans, and…
A: Economics is the study of different production, consumption, and distribution activities. Economics…
Q: Explain how the slope of LM curve affect the outcome of expansionary monetary policy (increase in…
A: 1. The LM curve is moved to the right by monetary expansion, which raises income and lowers interest…
Q: A6 describe the changes of current, capital, and financial account balances. Is the deficit of…
A: Balance Of payment Balance of payment refers to the statement of a country that shows the inward…
Q: Is this how information is distributed in a normal organizational hierarchy?
A: An organization may be structured using a hierarchical model by establishing distinct levels of…
Q: The function Q = F(p,ps,y) describes how the monthly demand, Q (measured in 100s of Widgets), for…
A: Substitutes refer to the good or service that consumers use in place of a particular good or…
Q: equation is determined De 1506.77-2869.231. The LM equation is given as i = 0.05 nitial equilibrium…
A: IS relation depicts the set of points which represent equilibrium in goods market . IS relation : Y…
Q: Salesperson X and Salesperson Y are with the same brokerage office Salesperson X lists a property…
A: In a market, when an individual acts on behalf of another individual, he is known as an agent.
Q: Given an EOQ problem modelled below, compute for L (lead time in days). Only final answer is rounded…
A: The term "economic order quantity" (EOQ) refers to a computation that businesses carry out to…
ASAP..
Step by step
Solved in 2 steps
- c) Explain how you found your price and minimum number of kayaks from part b above. (Use a minimum of 3 sentences.) d) Suppose after a few weeks the company is in the red. The company is not selling enough kayaks to stay operable and must file for bankruptcy unless something changes quickly. Write a script that you would use to pitch to the CEO and CFO explaining a change (or changes) that can be quickly implemented to generate the revenue the company needs to refrain from going under. (Use a minimum of 6 sentences.)Your firm’s research department has estimated your total revenues to be R(Q) = 30, 000Q − 80Q2 and your total costs to be C(Q) = 1, 000 + 20Q2. (Note that the marginal functions are MR(Q) = 30, 000 − 160Q and MC(Q) = 40Q). What level of Q maximizes net benefits? What is the marginal benefit and marginal cost at this level of Q? What is the maximum level of net benefits? What is another word for net benefits in this example?Sarah is planning to start her own cake shop. The cost of making a cake is RM13 each and they are sold at RM45 each. Her estimated monthly cost includes rent (RM1,200) and utilities (RM500). a. Calculate the price markup percentage. b. Determine the break-even point for Sarah. c. How much sales revenue must Sarah make to achieve break-even point? d. If Sarah wants to achieve an annual profit of RM150,000, how many cakes must she sell each month? e. Sarah wants to provide each cake with a packaging box at extra cost of RM2.00 per unit. If she does this, determine the annual sales unit to achieve his annual profit. ,
- The owner of Tommy's Technicians has found that his shop is losing money and he is in jeopardy of going out of business. Sales have remained constant for quite some time and now he is looking at ways to cut expenses to stay in business. Which of the following expenses is his best choice to try to immediately reduce and save him meaningful dollars so he can remain in business? (Hint: First consider which ones he has ultimate control over?) Rent expense Utilities expense Payroll expense Shop insurance expense Advertising expenseHappy Go Lucky Electric Company is the only company providing electric power to the city of Go Lucky. The accompanying graph depicts their marginal costs (MC), total costs (ATC), demand (D), and marginal average t revenue (MR). Move point E to the firm's profit maximizing price and quantity. At the profit maximizing point, what is Happy Go Lucky level of profit? 0 $150 $90 -$30 Price and Costs ($/unit) 10 9 8 7 6 10 4 3 2 1 0 0 5 10 15 20 25 30 35 MR MC 0 ATC D 40 45 506. Heidi owns a business that sells photographs. The profit function for her business can be modelled by the equation p(x)=-0.5x2-5x-7, where x is the quantity sold, in thousands, and P(x) is the profit in thousands of dollars. How many photos must Heidi sell in order for her business to break even? please type answer, not in writing
- Jordan is calculating the worth of a computer by comparing its costs and benefits, including quality, relative to similar laptops. In Jordan’s view, it is often worth it to spend a little more to obtain a product with higher performance. What is Jordan calculating?You are the chief financial officer for a firm that sells digital music players. Your firm has the following average-total-cost schedule: Your current level of production is 600 devices, all of which have been sold. Someone calls, desperate to buy one of your music players. The caller offers you $550 for it. Should you accept the offer? Why or why not. Single line text.D) Use the price function found in (a) to determine the price per unit that will need to be charged at the Q found in (c). This will be the price you should ask per unit for each unit of Q that maximizes total profit. E) How much total profit will result from selling the quantity found in (c) at the price found in (d)? Remember: profit is TR - STC. F) At what level of Q is revenue maximized? Remember: let MR = 0 and solve for Q. MR = 0 signals the objective of maximizing revenue.
- Can you help me with these additional questions and can you show all the steps, please? (A) Aaryan is given some market research about home tuition. In particular, the demand curve as a function of price is Qd(P)=475/P. Will Aaryan’s business be profitable if the lesson fee of $45 is charged, as planned? Explain your answer. (B) Aaryan wants at least $15 per week in profit from this business. Can he adjust the price to be able to do this assuming the market research is correct?Assume you have decided to buy an advertisement in the local newspaper to publicize your new pet grooming service. The cost of the ad is $1,000. You have decided to charge $40 for a dog grooming, and your variable costs are $20 for each dog. How many dogs do you have to groom to break even on the cost of the ad? What is your break-even point if you charge $60 per dog?Can you more detailed explain and write this part : Cost is minimized at the point where profit is maximized . Profit = R - C = q2+14q+20 - 2q2 + 8q - 15 Profit maximizing point : d(Profit )/dq = 0 => -2q + 22 = 0 ( especially i don't understand this part !!!!) q* = 11 (Cost minimizing level of production )