d) Please draw the PPP using the given data tableProduction Possibility FrontierElectic Engine Cars(X) ( hundreds) Oil Engine Cars in thousands Marginal Cost of electric engine cars(01234562007 McGraw-Hill Ryerson Ltd.Oil engine Cars thousands35 313025201050Ford Motor's Production Possibility Curve2912631292622171102221743Electric Engine cars hundredsChapter 111506234561116

Production Possibility Frontier (PPF) is the curve in the two goods plane which shows the maximum…

d) Please draw the PPP using the given data table Production Possibility Frontier Electic Engine Cars(X) ( hundreds) Oil Engine Cars in thousands Marginal Cost of electric engine cars( 0 1 2 3 4 5 6 Oll engine Cars thousands 35 31 20 5 0 0 29 Ford Motor's Production Possibility Curve 26 31 29 26 22 17 11 0 2 22 17 11 3 4 Electric Engine cars hundreds 5 6 2 3 4 SSD 5 6 11

d) Please draw the PPP using the given data table Production Possibility Frontier Electic Engine Cars(X) ( hundreds) Oil Engine Cars in thousands Marginal Cost of electric engine cars( 0 1 2 3 4 5 6 Oll engine Cars thousands 35 31 20 5 0 0 29 Ford Motor's Production Possibility Curve 26 31 29 26 22 17 11 0 2 22 17 11 3 4 Electric Engine cars hundreds 5 6 2 3 4 SSD 5 6 11

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter7: Production, Costs, And Industry Structure

Section: Chapter Questions

Problem 22RQ: What are diminishing marginal returns as they relate to costs?

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Teresa is a hard-working second-year university student. One Thursday, she decides to work nonstop until she has answered 100 practice problems for her physics course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time 8:00 AM 9:00 AM 10:00 AM 11:00 AM Noon Total Problems Answered 0 40 70 90 100 Use the table to answer the following questions. The marginal, or additional, gain from Teresa's second hour of work, from 9:00 AM to 10:00 AM, is The marginal gain from Teresa's fourth hour of work, from 11:00 AM to noon, is problems. problems. Later, the teaching assistant in Teresa's physics course gives her some advice. "Based on past experience," the teaching assistant says, "working on 35 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during…
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
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apter 1 Connect Activity i 6 eBook The table below shows Lanark's production possibilities. Wheat Cars A 0 51 B 50 49 C 88 44 D 114 34 27 E 126 19 F 131 0 a. If Lanark is producing 39 cars, it can produce approximately b. If Lanark is currently producing combination C, the cost of 26 more wheat is (Click to select) ✓ c. If Lanark is currently producing combination D, the approximate per unit cost of an additional car is necessary, round your answers to 1 decimal place. Remember to round 0.05 up to 010. Saved wheat. (Click to select) If
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hello so i got a question and i need to use linear programming and i answered it only half can you show me how and the answer using excel for the question please.