Please Answer my question D,E 2 sub parts .... Because I know this team can answer max 3 sub parts... Please answer my question with the parts, Would you be interested in both the notes and the caption... Thank u god bless u • Consumers have the following dataU=U (A, B) = A2 B2The price of goods A= 200 and the price of goods B = 500 and Budgetis IDR 10,000Where:A= quantity of goods A.B= quantity of goods B• Producers have the following dataQ=Q(KL) =K2 /4 L3/4The factor price of K-500 and the factor price of L= 400 and the Budgetare IDR 24,000Where :K= quantity of capitalL= quantity of labor Based on these two data, answer the following questions:A. Write down the budget equation from the consumer and the isocostequation from the producer!B. Find the slope of the line from the budget equation and the isocostequation!C. Based on the concept of balance between consumers and producers,look for what is the balance point of consumer (AB) and producerbalance (L, K)?D. In consumer balance, what is the value of the MRSE (Marginal ratesubstitution B and Anya)? What is the value of the MRTS (MarginalRate Technical Substitution Factors K and L?E. Describe both consumer balance (KK) and producer balance (KP)!(Utility and Budget in KK and Production and Isocost in KP)Note:• The ones on the horizontal axis are L and A and in the vertical K andB. To find consumer balance, look for the slope of the budget and MRSlines and make the difference between the two.• To find a balance of producers, find the slope of the isocost and MRTSlines and• Equate between the two. Do the consumer first, then do the producerto answer 5 questions Sub - Parts

The consumer equilibrium reflects the consumer balance which shows the state of balance by consuming…

D. In consumer balance, what is the value of the MRSE (Marginal rate substitution B and Anya)? What is the value of the MRTS (Marginal Rate Technical Substitution Factors K and L? E. Describe both consumer balance (KK) and producer balance (KP)! (Utility and Budget in KK and Production and Isocost in KP)

D. In consumer balance, what is the value of the MRSE (Marginal rate substitution B and Anya)? What is the value of the MRTS (Marginal Rate Technical Substitution Factors K and L? E. Describe both consumer balance (KK) and producer balance (KP)! (Utility and Budget in KK and Production and Isocost in KP)

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Ike's Bikes is a major manufacturer of bicycles. Currently, the company produces bikes using only one factory. However, it is considering expanding production to two or even three factories. The following table shows the company's short-run average total cost each month for various levels of production if it uses one, two, or three factories. (Note: Q equals the total quantity of bikes produced by all factories.) Number of Factories Q = 100 Q = 200 520 400 660 480 800 560 1 2 3 Average Total Cost (Dollars per bike) Q = 300 Q = 400 320 400 320 320 400 320 Q = 500 560 480 400 Q = 600 800 660 520 Suppose Ike's Bikes is currently producing 100 bikes per month in its only factory. Its short-run average total cost is $ per bike. Suppose Ike's Bikes is expecting to produce 100 bikes per month for several years. In this case, in the long run, it would choose to produce bikes using On the following graph, plot the three short-run average total cost curves (SRATC) for Ike's Bikes from the…
Please answer correct calculation asap plz Don't answer by pen please
1) The question screenshot has been attached down below answer ques 12 a,b step-by-steps.
choices for 1 and 2 are its either "variable" or "fixed" please also do the rest of the questions and graph thank you!
# 8 Solve the questions to find all these parts and show a clear working of how you obtained this question.
Kindly explain the steps involved. I want to understand the intuition behind it. Thank you!
I already did the graph but I need help with question 17 to 22
Pls answer all questions to get upvote, short answer to each question is fine.
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Plz solve this now in 30 min now. So kindly solve only in 30 min and take a thumb up plz. Thanks!
*need correct answer for this practice question plz