Econ_221-2_F2007_Assignment_2_Answers

Please help answer all questions related to the screenshot.

Can you help with the three questions on my worksheet that relate to the attached graph? Can you also advise if I have done my math correctly?

Demand Factor Average American household income Roundtrip airfare from Des Moines (DSM) to Atlantic City (ACY) Room rate at the Continental Hotel and Casino, which is near the Rivers PRICE (Dollars per room) Use the graph input tool to help you answer the following questions. You will not be graded on any changes you make to this graph. Note: Once you enter a value in a white field, the graph and any corresponding amounts in each grey field will change accordingly. 500 450 400 350 300 250 200 150 100 50 0 0 Demand 50 100 150 200 250 300 350 400 450 500 QUANTITY (Hotel rooms) Graph Input Tool Market for Rivers's Hotel Rooms Price (Dollars per room) Quantity Demanded (Hotel rooms per night) Demand Factors Average Income (Thousands of dollars) Initial Value $50,000 per year $200 per roundtrip $250 per night Airfare from DSM to ACY (Dollars per roundtrip) Room Rate at Continental (Dollars per night) 350 150 50 200 250 ?

which grpah is the correct graph for part 2

ework (Ch 09) 4.00 3.50 Monopoly Outcome 3.00 ATC 2.50 Profit 2.00 1.50 Loss MC 1.00 K 0.50 D 2.0 QUANTITY OF OUTPUT (Thousands of cans of beer) 0.5 1.0 1.5 2.5 3.0 35 4.0 Suppose that BYOB charges $2.75 per can. Your friend Musashi says that since BYOB is a monopoly with market power, it should charge a higher p of $3.00 per can because this will increase BYOB's profit. Complete the following table to determine whether Musashi is correct. If BYOB is suffering a loss, enter a negative value for profit. Price (Dollarc nor can) Quantity Demanded Total Revenue Total Cost Profit nollare) nallare) IDallare-1 17 + ho. 144 DII DDI & * 5. 6. 7. 8. ba R PRICE AND COST PER UNIT (Dollars per can)

"Valerie earns $10,000 from 40% ownership of her family business." This question is concerned with the Circular-Flow Diagram. Is this an example of flow of dollar from firm to household?

Please help solve fill in the blanks of the graph

Please answer the question at the bottom about the four hours of study time.

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.

Can you help me graph that information

As part of its bankruptcy restructuring, General Motors (GM) launched an ad campaign that revealed glimmers of a streamlined GM: fewer brands (Cadillac, Buick, Chevrolet, GMC) and fewer models within each brand A. What research would you have done to determine which vehicle models GM should retain and which it should drop? B. What would you have measured and with what type of measurement scale?

I asked this question twice and it got rejected. This is for homework and I need help. I respect the honor code, but this is a HOMEWORK question.    Thank you!

We have the results from our first Facebook ad campaign. The following table summarizes the results broken down by age and whether the person seeing the add clicked through. Age 40 or under 85 Age more than 40 65 Total Clicked Through 150 Did Not Click 590 260 850 Total 675 325 1000 For our up(combing) (pun intended) campaign, I want to make it as effective as possible, a cut above all other ad campaigns! I'm thinking that since 85 (or 56.7%) of the 150 people who clicked through to our website are age 40 or less, we should focus our ads to only younger people. I'm not great with number though, and since I know you had a stats class in college, I wanted to get your opinion. Should we focus our adds only to those age 40 and under or should we do something else?

The line graph below shows the number of times Jensen logged onto MyOpenMath each week of the semester. 8- -2 Week Number How many times did Jensen log on during week 4?

Hi, the first 3 sub-parts were already answered in the previous question I asked. Please only answer part (d) and (e). Thank you!

Briefly define

Complete the table below: Output TotalCost(RM) Totalvariablecost(RM) Totalfixedcost(RM)Averagefixedcost(RM)Averagetotalcost(RM)Marginalcost (RM) 0 505 16010 20020 25036 33058 40072 48088 580106 700130 820150 980

Could you add some graphs as well

Which of the statements about the following graph is true? Revenue ($1000s) 100 80 60 40 20 Revenue of a Small Business 0 1 2 3 4 5 6 Month

Only typed explanation of all four subparts otherwise leave it

TOTAL REVENUE (Dollars) On the following graph, use the green point (triangle symbol) to plot the weekly total revenue when the market price is $30, $45, $60, $75, $90, $105, and $120 per scooter. 1460 1320 1180 1040 900 760 620 480 340 200 0 15 30 45 60 75 90 105 120 135 150 165 180 195 PRICE (Dollars per scooter) Total Revenue (? According to the midpoint method, the price elasticity of demand between points A and B is approximately Suppose the price of scooters is currently $45 per scooter, shown as point B on the initial graph. Because the demand between points A and B is a $15-per-scooter increase in price will lead to in total revenue per week.

Plz solve  completely and  correctly don't copy  paste from other websites

Mr. Diddy grows and sells Pineapple. His company is named "Do it Diddy Way!!" Suppose that to produce Pineapple, two inputs are required. 1. Land (size of land) 2. Workers (number of workers) Diddy has 1.5 acres of land inherited from his late Daddy and he uses the inherited land to produce pineapple. His company's production function (per day) table is shown below: Quantity of pineapple number of workers 0 0 5 1 20 2 40 3 70 4 140 5 180 6 195 7 200 8 203 9 Answer the following questions: 1. Is the production considered a short-run or long-run? What is a fixed input? What is a variable input? 2. Draw the total product curve (output on the vertical axis and workers on the horizontal axis) Draw the MPL curve (MPL on the vertical axis and workers on the horizontal axis) 3. 4. What is the quantity of pineapple per day when Diddy hires7 workers? What is the MPL of the 7th worker? 5. After how many workers used does the MPL start to diminish. 6. Suppose that the market price of pineapple is…

choices for 1 and 2 are its either "variable" or "fixed" please also do the rest of the questions and graph  thank you!

Could someone walk me through this problem? Thank you for your help!

Hi hlo Expert Hand written solution is not allowed.

only  typed solution

Specific Subject: Microeconomics - Cost Functions Complete the following attached table, assuming that P = 100

How do I plot thw points on the graph, im a little confused with the graph that is drawn for this question 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.

None

"static/nb/ui/evo/index.html?deploymentld=5696051823021770732509536303&elSBN=9781305648173&id=916507517&snapshotld=1950959& * CENGAGE MINDTAP J Homework (Ch 08) Q Search this course Consider the following scenario to understand the relationship between marginal and average values. Suppose Rajiv is a professional basketball player, and his game log for free throws can be summarized in the following table. A-Z Fill in the columns with Rajiv's free-throw percentage for each game and his overall free-throw average after each game. Game Game Result Game Free-Throw Percentage Total Average Free-Throw Percentage 4/5 4/5 80 80 2/5 6/10 3 1/4 7/14 4 1/2 8/16 4/4 12/20 On the following graph, use the orange points (square symbol) to plot Rajiv's free-throw percentage for each game individually, and use the green points (triangle symbol) to plot his overall average free-throw percentage after each game. Note: Plot your points in the order in which you would like them connected. Line segments will…