3. You are given the following information about an economy: Gross private domestic investment-40; Government purchases of goods and services=30 ;Gross national product( GNP)-200;Current account balance=20 ;Taxes=60; Government transfer payments to the domestic private sector=25;Interest payment from the government to the domestic private sector=15( Assume all interest payment by the government go to domestic households.); Factor income received from rest of world-7; Factor payments made to rest of world-9; Find the following, assuming that government investment is zero: (a) Consumption (b)Net exports (c)GDP (d) Net factor payments from abroad (e) Private saving (f) Government saving (g) National saving

3. You are given the following information about an economy: Gross private domestic investment-40; Government purchases of goods and services=30 ;Gross national product( GNP)-200;Current account balance=20 ;Taxes=60; Government transfer payments to the domestic private sector=25;Interest payment from the government to the domestic private sector=15( Assume all interest payment by the government go to domestic households.); Factor income received from rest of world-7; Factor payments made to rest of world-9; Find the following, assuming that government investment is zero: (a) Consumption (b)Net exports (c)GDP (d) Net factor payments from abroad (e) Private saving (f) Government saving (g) National saving

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

Cal Tech Inc. manufactures video games for "The Play Station IlI". Variable costs are estimated to be $20 per unit and fixed costs are $10,875. The demand-price relationship for this product is Q = 1,000 - (4 x P) where P is the unit sales price of the game and Q is the demand in number of units. (а) (b) (с) (d) Find the breakeven quantity (or quantities). What is the company's maximum possible revenue? What profit would the company obtain by maximizing its total revenue? What is the company's maximum possible profit?
Only typed solution
when a product price is $12 , quantity demanded is equal to 950; when the price is reduced to $8 , quantity demanded increase to 1050 based on above data , the price elacity of demand coefficiant is equal to : (a) 0.5 (b) 4 (c) 0.25 (d) 5
250 to 300 words Required) If you ask to design an Advertising Campaign for NEW HONDA CITY 6th Generation in which you need to focus towards the Penetration Pricing Strategy in Advertisement then which Message execution style will you follow?
tc(q)=4800+5q** find the ATC ATC=TC/q
Consider the accompanying breakeven graph for an investment, and answer the following questions.(a) Give the equation for total revenue for x units per year. (b) Give the equation for total costs for x units per year. (c) What is the “breakeven” level of x? (d) If you sell 1500 units this year, will you have a profit or loss? How much? (e) At 1500 units, what are your marginal and average costs?
A cell phone company has a fixed cost of $1.200.000 per month and a variable cost of $21 per month per customer. The company charges $37 5 per month to its cell phone customers. a. What is the breakeven point for this company?
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.
Bernardo Beefmaster has 50 cull cows that average 1100 Ibs and he purchased them for $60/cwt. He fed the cows for 55 days and sold them at 1260 Ibs for $65/cwt. The cows averaged about 30 lbs of feed per day, and cost $7/cwt. Calculate the average daily gain, feed efficiency (feed:gain), feed only cost of gain, breakeven per pound and total, and the total margin. WHAT IS THE BREAKEVEN VALUE PER POUND?
Answer correctly please. Don't do wrong. I ll rate
Bags/Participants Fixed Cost Variable Cost Total Cost 0 $1,700 $ - $1,700 100 $1,700 $500 $2,200 200 $1,700 $1,200 $2,900 300 $1,700 $2,700 $4,400 400 $1,700 $5,200 $6,900 500 $1,700 $9,000 $10,700 600 $1,700 $15,000 $16,700 700 $1,700 $23,800 $25,500 800 $1,700 $36,800 $38,500 900 $1,700 $55,800 $57,500 1,000 $1,700 $83,000 $84,700 Given the above information on cost, if you charge $15 per entry, what is the breakeven quantity of bags that you should order? At what quantity of bags will profits be maximized? A Use the profit maximizing rule, MR ≥ MC, buy 300 bags. B Use the profit maximizing rule, MR ≥ MC, buy 200 bags. C Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 300. D Use Qb = F/(MR-AVC) where Qb is the breakeven quantity to be determined, the optimal quantity of bags is 200.
4