2. "It is often impossible to obtain precise information about the pattern of future revenues, costs, and interest rates. Therefore the process of economic optimization is futile. " Discuss this statement.
Q: Question 28 Table 5 Employed 153,846 Unemployment 4.1% rate Labor force Unemployed Y Consider the…
A: Labor force is the sum of unemployment and employed individuals.
Q: Requirements 1. Describe the production costs in the equation formY = f+ xX. 2. Assume Alta intends…
A: Given information Cost function Y=f+Vx Given data analyze cost for 350 units.
Q: A D Quantity (units per day Curve C represents which type of cost curve? O A. marginal cost (MC) B.…
A: Average total cost is the sum of average Fixed cost and average variable cost. Average Fixed cost…
Q: Assign the different theories to the source of gains from trade in the theory (e.g. specific factors…
A: Melitz (2003) model talks about trade liberalization whereby the there is reallocation of resources…
Q: You borrow money from a bank to invest in the stock market. The mean return of your portfolio (X) is…
A: * SOLUTION :- (2)
Q: private domestic savings = $1220, the trade deficit = $90. Find private %3D %3D
A: Gross private domestic investment, or GPDI, is a measure of the amount of money that domestic…
Q: Backhoe Loaders Medeling X eling a phetattempt3507145Acmide2058147Apage76 polutants like carbon…
A: Negative externality refers external cost incurred on society which is not a part of consumption or…
Q: Which of the following is true? When the marginal cost is greater than the average cost, there…
A: When any of the firms has the market power, that market is considered as imperfect market as there…
Q: Wakanda is a firm that solely supplies vibranium to Marley and Paradis. The demand function of the…
A: There are two market with different market demand functions and firm is able to discriminate.
Q: How exactly does a tariff work to restrict free trade? Who benefits from the tariff? Who is worse…
A: Answer to the question is as follows:
Q: The following table provides data for an economy in a certain year: Consumption expenditures Imports…
A: Answer; the Investment is $900
Q: solve 30-40 minutes hand written asap..i'll rate
A: Production means the goods and services are produced by converting the raw material into the…
Q: 2. Give example of a two-player simultaneous game such that neither player A nor B have a dominant…
A: We have simultaneous game between two players A and B.
Q: Sharon's income elasticity of demand for grour beef a normal or an inferior good for Sharon? Income…
A: Eqm is found by the intersection of dd(demand) and ss(supply) in the market. dd is negatively sloped…
Q: 6 Assignment on the basics of political economy 6. Could one person both dominate and exclude…
A: 6. When it comes to private commodities, one individual can both dominate and exclude another.
Q: The following events shift either aggregate demand, aggregate supply, both or neither. Using a…
A: The equilibrium price is set up where the aggregate demand and aggregate supply are equal.
Q: What are some of the difficulties and issues that consumers have while using a system that is not…
A: Being able to provide excellent customer service is a competitive advantage. The bottom line is that…
Q: You are managing a competitive corn farm that faces random demand. You must decide how much corn to…
A: A competitive producer is optimizes its profit and output at the level where marginal cost is equal…
Q: A perfectly competitive firm faces the short-run cost schedule shown in Table 1.
A: Perfect competition is the market structure where there are large no of buyers and sellers selling…
Q: Gas prices have risen 38% in the last year. For every 10% increase in oil and gas prices the…
A: In an economic market, prices and quantities of goods sold and bought are determined by the market…
Q: n marble block quarrying operation, hand rock drills, costing P70,000 each, is used. It has a…
A: Given, Hand drill machine Initial cost=P70000 Monthly production=30 cubic rock Diesel= 80 liters…
Q: A manager checked production records and found that a worker produced 225 units while working 50…
A: Productivity is a measure of economic performance that compares the amount of goods and services…
Q: What economic rationale exists for the use of regional economic development incentives?
A: The correct answer is given in the second step.
Q: Suppose that a consumer has the utility function u(x1,x2) : quantity of good i consumed, i = 1, 2.…
A:
Q: Title: Profit-maximizing behavior in perfectly competitive factor markets The value of a firm’s…
A: Value of Marginal Product of Labor is equal to Marginal Revenue Product of Labor in a certain market…
Q: 7th
A: The LM curve shows the direct relationship between interest rate and output. The LM curve is upward…
Q: If l increase by 200, equilibrium output would increase by If G increase by 200, equilibrium output…
A: The formula for equilibrium level of output: Y = C + I + G + NX Given, C = 250 + 0.4(Y - T) I = 200…
Q: Contracts between the government and the regulated firms are more likely to be incomplete in…
A: When talking about developing countries, these are the countries that faces some difficulties to…
Q: Product A and Product B are two different items manufactured by the same firm. Product A is…
A: Total revenue is the revenue that is generated by selling given units of a commodity. Total revenue…
Q: 2. A firm is considering purchasing equipment that will reduce cost by P520,000. The equipment costs…
A: Given: Reduction in cost=P 520000 Equipment cost=P 340000 Salvage value=P 42000 Interest rate=12%…
Q: Which of the following activities do you think is more likely to be carried out in- house by a…
A: Manufacturers can approach specialized people to work on specialized work that the manufacturer is…
Q: Suppose a farmer decides to replace an old tractor by investing in a new machinery. The old tractor…
A: Given The first cost of the machine is FC= $50,000 Annual depreciation for first-year = 33.33%…
Q: List and describe the 3 types of unemployment. Give an example of each
A: Unemployment means that an active job searching person is unable to find a job.
Q: PART A You must answer the question in this section. A.1 Individuals in a market each have a total…
A:
Q: Read the article and answer quesion 3. If demand for cellphones is increasing so much, why aren't…
A: Hi, we are providing solution only for question 3, since you have specifically asked for the same.…
Q: The following events shift either aggregate demand, aggregate supply, both or neither. Using a…
A: Disclaimer :- as per guidelines you posted multipart questions therefore we are supposed to solve…
Q: Cho is a skilled toy maker who is able to produce both boats and puzzles. She has 8 hours a day to…
A: Opportunity cost is the cost of second best alternative foregone. It is also sometimes known as…
Q: b) What does the IS-LM-PC model imply about the MR effects of fiscal expansion? When is a fiscal…
A: IS-LM-PC model IS-LM-PC model tells us about the Change in Output and Inflation in the economy. IS…
Q: At the end of 2021, the Federal Reserve took an inventory of its foreign currency reserves. Since…
A: Net capital outflow or NCO refers to the net flow of funds that are invested abroad by a country at…
Q: What is meant by limited and bundled choice when voting on a bill or candidate
A: Introduction Bundling is a term used to describe how candidates for elected office are selected.…
Q: A coupon bond has two years to maturity, a face value of $1000 and a coupon rate of 2%. The yield to…
A: Given, Par value of bond =$1000 Number of years to maturity = 2 Annual coupon of bond = 2% *1,000…
Q: The following events shift either aggregate demand, aggregate supply, both or neither. Using a…
A: Aggregate demand = C + I + G + (X-M), C= consumption, I= Investment, G= Government spending, (X-M)…
Q: For small, open economies that export and import a large volume of goods and services, a fixed…
A: In the international market, exchange rate are determine under fixed or flexible exchange rate…
Q: According to efficiency wage theory, what is NOT a reason that companies want to pay an efficiency…
A: Efficiency wage theory says that firms pay workers above competitive wage.
Q: How did Vietnam and the Watergate Scandal affect popular trust in the government? Discuss the…
A: Introduction : The Watergate scandal was a major political scandal in the United States involving…
Q: There is evidence that the UK China import tariff escalation has affected factor prices in both…
A: A factor price refers to the unit cost of employing a component of production, such as labor or…
Q: Explain what is/are the advantage might Generation Y have in terms of education and income advantage
A: Generation Y have a set of abilities and characteristics that distinguish them as desirable…
Q: AS AD, AD Y, Y=Y¡ Recessionary gap Refer to the diagram shown below. Suppose AS curve is horizontal…
A: Aggregate demand is a sum of consumption spending, investment spending, government purchases and net…
Q: Discuss the argument that activist policies are necessary following large negative economic shocks…
A: To stabilize the economy monetary and fiscal policies are used. The goal of both the policy is to…
Q: Export subsidies, such as for aircraft producers, can in theory increase domestic welfare when firms…
A: Export subsidies refer to the tool used by the government to encourage export in a country. This…
Number 2 only.
Step by step
Solved in 2 steps
- 3. What is the rate of return that includes the minimum profit as an expense?(I am trying to find the simplest way to solve the question if Im using a cas calculator) (Formulas and notes I can put on my calculator are helpful) An apple grower finds that if he plants 80 trees per acre, each tree will yield 26 bushels of fruit. He estimates that for each additional tree planted per acre, the yield of each tree will decrease by 4 bushels. Given a price of $1.00 per bushel, find the maximum revenue and how many trees should he plant per acre to maximize her harvest? 36 trees per acre, maximum revenue of $7,480 37 trees per acre, maximum revenue of $7,482 43 trees per acre, maximum revenue of $7,482 44 trees per acre, maximum revenue of $7,4802. The table below shows a car manufacturer's total cost of producing cars. Review the data provided and answer the questions that follow 国 Q TC TVC AVC AFC ATC MCe $500,000 540,000 e 560,000 e 570,000 e 590,000 e 620,000 660,000 e 720,000 800,000 e 920,000 e 1,100,000 2e 4 to 50 6 ge to 10 For each level of output, calculate the total variable cost [TVC], the average variable cost [AVC), the average fixed cost [AFC], the average total cost [ATC], and the marginal cost [MC]. Show the first calculation for each missing column of data. b. What is this manufacturer's fixed cost? Explain how you derived this. Create a single, well-labeled diagram that shows the manufacturer's AVC, ATC, and MC curves. a. С.
- A firm produces bread (B). The company wants to lease new equipment. Themarket offers new high-speed ovens (H) and slower ovens (S) with an oldertechnology. The high-speed ovens can produce twice as much bread in the sameamount time.a) Derive the production function.b) The high-speed ovens cost 100 Euros per month and the slower ovens costs 70Euros per month. In which type of ovens should the company invest?c) If the price of the high-speed ovens remains unchanged, calculate the price of theslow-ovens, at which the company could be indifferent in leasing only high-speedovens, slow-ovens or possibly a combination of both.Problem Set A 1. Expand the following expressions: a. TC(q)- 2TR(q) - FC(q) b. 5q-(3-2q)³ C. 2 e2 1 - In (²²) ² 2. Factorize the following expression: a. 4 + 4(2) + 4 b. 108q-36+7q³ - 59q² 3. a. Use Microsoft Excel or otherwise to draw the graph for each of the following functions to scale, on the same page for -5Course dashboard Soru 15 SCENARIO 1 You are the owner and only employee of a company that writes computer Henüz software that is used by gamblers to collect sports data. Last year you earned a total revenue cevaplanmadı of $90,000. Your costs for equipment, rent, and supplies were $60,000. To start this business 4 üzerinden you invested an amount of your own capital that could pay you a return of $40,000 a year. ışaretlenmiş Refer to Scenario 1. During the year your economic costs were P Soruyu işaretle Lütfen birini seçin: O A $30000 OB$130000 O C.S 60000 ODS 40000 O ES 100000 SONRAKİ SAYFA ÖNCEKİ SAYFA 日 O Aramak için buraya yazınWrite a paragraph to explain to your CEO that based on using regression analysis, through using the solver tool of excel, recalculate the optimum units to produced this month is 800 pro 200 mini to have the maximize revenue of $174,400.00. Explain what/why would it be if you make any changes in the units to stay within the constraints that you have it would produce less money.Mr.Abdullah specializes on Arbitrage trading. He has got the following quotes regarding 3 currencies GBP 0.739541 / USD AUD 1.3081 / USD GBP 0.563789 / AUD Now he wants to use USD 1000000 and make a profit. Answer the following questions based on the data given above. After converting from USD to GBP and from GBP to AUD, How much will he get in converting AUD to USD in the above process? a. 1715879 b. 1002777.804 c. 739541 d. All the options are wrong e. 1311733.645 After converting from USD to GBP, How much will he get in converting GBP to AUD? a. 739541 b. 1002777.804 c. 416945 d. None e. 1311733.645 How much will he get in converting USD 1000000 to GBP? a. 1311733.645 b. 1002777.804 c. None d. 739541 e. 1352190 Which cross rate should he calculate and compare with actual quotes to make sure that he will get profit a. GBP/AUD b. USD/AUD c.…The total profit from the sale of q sweatshirts is: P(q) = 5q – 0.005q2 – 450. a. Calculate the additional profit earned when 450 sweatshirts are sold. ________ b. Calculate the additional profit earned when 750 sweatshirts are sold.Compute the following Q P TR MR AR TC TR-TC 0 40 34 1 40 60 2 40 96 3 40 130 4 40 167 5 40 200 6 40 220 7 40 240 8 40 300 9 40 350 10 40 400Exercise Assume the yield of maize and wheat are given below with its selling price of birr 7 and 10 per quintal respectively. If only 10 units of inputs with a Price of 40 Birr per unit were used. Then: 1. A. What is the profit maximizing combination of output ? В. what is the maximum profit? of Yield wheat (Y2) of Return from Return from TR Yield TC Profit Maize (Y1) maize wheat 78 780 780 400 380 10 76 70 760 830 400 430 20 72 140 720 860 400 460 30 67 210 670 880 400 480 40 60 280 600 880 400 480 50 48 350 480 830 400 430 60 28 420 280 700 400 300 70 490 490 400 90How long it will take for the cost of the investment to be recovered from its benefits is referred to as profitability. O True O FalceSEE MORE QUESTIONS
