Explain why videos that cost $50 to $200 million, such as those produced by Pixar, cost as little as $20 to $30 to purchase while educational videos that cost less than one million to produce sell for $500 to $1,000 each.

Q: Marginal cost equals A) all the opportunity cost of producing the amount of output. B) the…

A: Marginal cost is calculated by differentiating total cost or total variable cost with respect to…

Q: CPU Total Marginal Total Marginal GHz Benefit Benefit Cost Costs 2.0 $1,000 $900 2.5 $1,400 $100 3.0…

A: A cost-benefit analysis is the process of comparing the estimated costs and benefits associated…

Q: The following graph plots the supply and demand curves in the market for VR headsets. Use the black…

A: Consumer surplus is the area below demand curve and above price.  Producer surplus is the area below…

Q: At any quantity, when the marginal benefit equals the marginal cost, that quantity is said to be

A: Marginal benefits represents the maximum willingness to pay of the consumers. And it is also…

Q: How many plates of claims will Bob consume in total?

A: The consumption done by the individual provides the marginal benefit to the consumer and the…

Q: Which of the following would be an example of a complimentary good in relation to a Honda Accord…

A: The goods that are used together are termed as complementary goods.

Q: Montresor Fortunato's PED for amontillado (a pale dry sherry) is known to be 1.78 when price is…

A: PED, price elasticity  of demand is a measure that captures the  responsiveness of a goods quantity…

Q: Refer to the Front Page article to answer one question. FRONT PAGE Recycling Wastes Money New York…

A: A budget proposal refers to a detailed document comprising of all the information about the expected…

Q: In the figure above, which of the following statements makes sense? Group of answer choices A)…

A: For the production of the goods and services , firm incurred some cost . There is mainly 2 type of…

Q: Explain, how you would set the price in Japan for a product that sells in the US for $10/unit.  How,…

A: we would set the price in Japan for a product that sells in the US for $10/unit by means of exchange…

Q: Which of the following is an example of economies of scope? A) A mountain resort begins running…

A: Economies of scope, refer to the cost savings and efficiencies that can be achieved when a firm is…

Q: Why would a hotel stay open during a slow month when it seems like the revenue from so few customers…

A: Variable cost of production refers to the cost of operating a business such as labour cost, raw…

Q: The graph shows the benefits and costs of consuming BK Breakfast Burgers. Marginal benefit, marginal…

A: Marginal benefit is the extra gain earned by the consumer when they purchase a good or product. The…

Q: Suppose you have a production technology that can be characterized by a learning curve. Every time…

A: Answer: Quantity (Units) Marginal cost ($) Total cost ($) Average cost ($)= Total cost/Quantity…

Q: Services are perishable, which means they cannot be stored or inventoried. What attempts might a…

A: Economics as a subject is used to study and plan the allocation of scarce resources among humans…

Q: Jordan is calculating the worth of a computer by comparing its costs and benefits, including…

A: In economics, costs are the money and non-money spent on goods and services. These expenses include…

Q: uppose you are scheduled to work at your job for 4 hours Friday night, where you make $10.00 per…

A: here we calculate how much did the night at the  movies cost by following method given below;

Q: 3-a) Why do labor costs made up such a small percentage of the cost to produce an iPhone? 3-b) Where…

A: Cost of production is the total amount spent in the production to produce the goods. Labor cost…

Q: Suppose that MASU managed to get Olivia Rodrigo to play a concert at Convocation Hall. Tickets cost…

A: The economic cost of attending the Olivia Rodrigo live performance isn't simply the price ticket…

Q: Consider the following costs of owning and operating a car. A $17,000 Fiat 500 Pop financed over 60…

A: Fixed cost is the cost that does not changes as output changes. In the given question, the output is…

Q: The quantity demanded for an iPad is 180 units when the unit price is set at $300. The quantity…

A: To find the demand function, we can use the two data points provided: (180, 300) and (1200, 260).…

Q: There are only a few restaurants near a tourist attraction. These restaurants would mail discount…

A: Discount coupons helps to increase revenue of the businesses.

Q: Q)What type of cost is the tuition paid for college credit after the census date when a refund is no…

A: In economics, cost is classified into different categories according to its influence on an…

Q: If tuition keeps increasing at the same rate as in 2019-2020, how much will it cost to complete a…

A: Cash flow:The sum of the total money is represented in the diagram. It represents the magnitude and…

Q: Vicky currently produces corn and beef at point A in the graph. What is Vicky's marginal cost of…

A: The production possibility frontier refers to a boundary between those combinations of the products…

Q: Parkway Travel Tours is organizing a five-day trip from Toronto to Branson, Missouri, a family town…

A: A break-even chart is a graphical representation of the relationship between revenue, costs, and…

Q: Show solutions to each problem: Write your answer on yellow paper and upload it. Write legibly and…

A:

Q: Popular software can cost thousands of dollars even though the marginal cost of producinganother…

A: Meaning of Marginal Cost: The marginal cost refers to the situation under which the firm or an…

Q: "Company A is willing to produce more generators if the price of a unit is $10,000 than if the price…

A: Supply is known as the quantity of the good which the producers are willing to produce and offer for…

Q: You produce widgets. Currently you produce four widgets at a total cost of $40. What is your average…

A: The average cost is the total cost divided by the quantity of output whereas the marginal cost is…

Q: Hi! Can you help me with the question below?  Northside Social (NS) sells cups of coffee and amazing…

A: The elastic demand shows the responsiveness of quantity demand for a good when its price changes.…