Consider PPC1 above. The opportunity cost of the 5th unit of X is: Supporting Materials LUeite

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A: The profit is maximum when MR = MC  MR is the marginal revenue and is defined as the revenue from an…

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A: Marginal revenue measures the change in total revenue due sale of an extra unit of output.  Marginal…

Q: 3-82. Suppose that you have just borrowed $7,500 at 10% nominal interest compounded quar- terly.…

A: Quarterly nominal interest rate = 10% / 4 = 2.5% Number of quarters = 6 x 4 = 24

Q: Suppose the price of good Y is $18. Use the information given in the figure below to answer this…

A: Change in price influences the quantity demanded. The change in the quantity demanded is known as…

Q: Aggregate saving (in billions) 250 -100 -200 S 400 800 900 Aggregate income (in billions) Q:1 Refer…

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A: this question belongs to the present value so the definition is: Present value (PV) is the current…

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A: In Microeconomics, price effect is the summation of substitution and income effect. When a consumer…

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Q: mine the breakeven point (lowest sale t which total sales income just equal ction cost).

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A: here we calculate the interest rate charged which are as follow-

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A: Initially deposit = 10,000 deposit increases every year by 1000 r = 12% n = 6 years

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A: Given: MPC=0.75 Autonomous consumption=$6000 Planned investment=$2000 Planned government…

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Q: Assume an interest rate of 5%. What is the maximum amount an individual would be willing to give up…

A: Interest rate = 5% Amount = $1 Time period = 30 years

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A: a)  Inverse demand is given by 2p=520−Qorp=260−0.5Q   The total revenue function's derivative is…

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A: A budget constraint refers to the constraint imposed on consumer choice by their limited budget.

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A: Production function : q =  L2/3 S1/3Price of labor = w Price of Machinery = psIn Short run , S = 1

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A: 3)Prefectures means demographics.From the table,we can understand that tokyo-to has more supply and…