Graph below depicts the market for industrial milk. Price per hectolitre ($) 56 48 40 32 24 16 8 0 75 95 115 135 155 175 195 Quantity per period (in hectolitres) s D a) In equilibrium, what is the price, quantity, and total revenue received by milk producers? Equilibrium price: $ Equilibrium quantity: Total revenue: $ b) Suppose that the government imposes a production quota of 115 hectolitres. What will be the new price, quantity, and total revenue received by milk producers? New price: $ New quantity: New total revenue: $

Q: i need this in words not handwritten please rewrite it

A: Consumption when equivalent to that of investment then it will be applicable.

Q: Based on the below figure, what is the relative price of melon for Alex?

A: Production Possibility Frontier refers to the graphical representation of the production capacity of…

Q: What is the highest price consumers would be willing to pay for this product? Also called the…

A: Total revenue is the total value of the commodities produced and sold in equilibrium. Economic costs…

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: With the existence of a transaction cost of $90 which has to be split between the two that is $45…

Q: 15. Compute the QUALY of a person that has a Q value of 0.7 that decreases by 0.1 points for the…

A: Given: Time period=4 years Discount rate=4%

Q: Steven owns a woodworking business and specializes in making handcrafted cribs. He typically would…

A: This can be described as a concept that shows the contribution of an individual, organisation or any…

Q: ities/97507c54-29b3-4b89-bbid-c07ca40b872e/curiosity-feed?section=ef2825d6-34c2-4bae-8d5b-fec67cf632…

A: Tax:Tax is a compulsory payment which is imposed by the government of the country and for the…

Q: The South Korean Government in the 1970s decided to follow a strategy of increased investment in…

A: Scarcity refers to the limited availability of resources, that are used to produce goods and…

Q: How are the annual revenues and expenses estimated?

A: The annual revenue can be estimated by multiply the units of goods and services sold to the price…

Q: EXERCISE-8 PRESENT ECONOMY 11. The gross margin of a corporation is 45% of sales. Operating expenses…

A: Profit is defined as a reward to be kept by an entrepreneur for undertaking all the risks of a…

Q: (1) nicol's 2013 income was $ 51,309. she is single and claims 2 exemptions and take the standard…

A: Given: Nicol's 2013 income was = $ 51,309 The 2013 tax exemption is = $3,900 The standard deduction…

Q: An individual owns a life insurance policy with an investment in the contract of $75,000 and a cash…

A: The protection from financial loss resulting from certain circumstances is referred to as insurance.…

Q: Parents investment. Job starting pay back Pay IM $=1000,000 40,000 Jeribd = ?

A: The period that depicts the length of time that is being taken for recovering the investment cost is…

Q: What is transport infrastructure

A: Infrastructure is organisational structure which is required for the societal operation.

Q: 20 18 16 Price 14 12 10 ID: 8. 4 2 20 40 60 80 100 120 140 Quantity

A: Slope of demand curve = dP/dQ  Considering points (20, 20); (65, 2): Slope = (2 – 20)/ (65 – 20)…

Q: The unauthorized use of an owner's or creator's music, movies, or other copyrighted material.

A: Copyright refers to the legal right of the owner of intellectual property.   In simpler terms,…

Q: How to calculate Statutory Rate for company

A: The Statutory Rate for a company is imposed by law on income that is taxable and falls within a…

Q: ICD-10 was implemented in October 2015. Summarize how the industry handled it.

A: The first international classification list called as international list of causes of death was…

Q: What is the highest price consumers would be willing to pay for this product? Also called the…

A: The maximum price that a consumer is willing to pay for a good or service, or the lowest price that…

Q: WHAT HAPPEN TO THE PHILLIPINE AIRLINE DURING COVID 19 COMMUNITY HOME QUARANTINE? WHAT HAPPEN TO THE…

A: Coronavirus has affected almost every country globally. Governments of many countries have taken…

Q: A period between date of acquisition and date of disposal by a specific owner. a. Ownership life O…

A: Aquisition date means when the asset is purchased new . And the period between acquisition and…

Q: Purpose solution for injured goods by usjng PDCA cycle

A: The PDCA cycle is a method for making changes to work processes and improving standards. The letters…

Q: Renting would be better than buying for an individual who does not want to need to pay for…

A: Renting - Renting is the amount paid for using the property and this use can be for personal…

Q: 8. Quantity Demanded Per Quantity Supplied Per Price Per Unit Year Year $ 5 2,000 10 1,800 300 15…

A: Recall that a shortage occurs when Demand exceeds Supply Thus, for a shortage of 500 units we need…

Q: what is the d than?

A: Price ceiling:It is a situation when the government controls the prices of goods and services to…

Q: You buy a watch that costs $45.50. The tax on the watch is 7.5%. What is the final cost?

A: Given: The cost of the watch is = $45.50 The tax on the watch is = 7.5% To Find: The final cost:

Q: None

A: Willingness to Pay (WTP) is an economic concept that refers to the maximum amount an individual or…

Q: what is the Audit Process in the public sector.

A: The audit process in the public sector involves a series of steps and procedures performed by…

Q: ser passwords for the mainframe at a finance firm consists of five letters followed by two numbers.…

A: The multiplication rule of permutation states that if an event can occur in m1 different ways, 2nd…

Q: Government-imposed taxes cause reductions in the activity that is being taxed, which has important…

A: There are many sub-parts of the question. As per honor code, we can only provide solution of first…

Q: How would present a loss and or an expense or damage claim?

A: Development contracts will by and large accommodate the contractor to guarantee direct loss and…

Q: How do sales taxes typically apply in a business environment?

A: Sales tax is a consumption tax imposed by the government on the sale of goods and services. It is…

Q: Ethics Many salespeople, especially those that sell financial products such as life insurance or…

A: The principles that guide a business are the ethical norms, values, ethical, and unethical…

Q: 68. Which of the following is considered an environmental design for workplace violence prevention…

A: Answer 68. The repercussions of making threats or committing acts of violence in the workplace…

Q: Which is an intrinsic reward? 401-k matching promotions salary creative pursuits

A: An intrinsic reward refers to a psychological or internal motivator that comes from engaging in an…

Q: True/False Personal income include personal taxes

A: Personal income is that the quantity of cash put together received by the inhabitants of a rustic.…

Q: Calculate Your Taxes To find your net pay, you'll need to first calculate your taxes. Start period…

A: When a person receives his/her income, he/she has to pay a certain number of taxes that include…

Q: Advantage and Disadvantage of SSS from Government NBFI?

A: SSS is an system of federally funded services and payments and installments to help support the…

Q: and explain the metrics used during revenue cycle monitoring.

A: The Answer is given below

Q: what are the 2 kinds of land ownership

A: Land ownership explains the owner or the person who posses the property or land.

Q: There is a bar on Off‐Main Street called the Rock‐n‐Roll Bar. All the people that go to that bar…

A: Since the property rights are with the tenants, the bar owners will compensate the tenants for the…

Q: What are standard deductions?

A: There exists a difference between taxable income and the total amount of income earned by the…