Items that are purchased by individuals for their own enjoyment are calledSelect one:A. government goods and services.B. private goods.C. exports of goods and services.D. capital goods.E. consumption goods and services.

Q: The answer for D is showing as incorrect

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Q: Wouldn't it be correct to say E=12, not 2E=12 for 12–(2/3)E=(1/3)E?

A: 12–(2/3)E=(1/3)E 12=(1/3)E+(2/3)E 12=(3/3)E 12=E Yes, it would be correct to say E=12.

Q: The difference between TC and TVC falls with increase in output True / False

A: Total cost is given as the sum of Total fixed cost and total variable cost.  TC = TFC + TVC

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Q: At an output of 14, MC = $50 and ATC = $55. At an output of 15, MC = $65 and ATC= $56. Estimate the…

A: Average Total Cost (ATC):The average total cost is the average cost per unit of output produced by a…

Q: Estimated Demand Function:ln(Q) = -6.758 – 2.116ln(P) + 1.331ln(l) – 0.44ln(A) + 2.99ln(Psub) +…

A: Linear regression analysis is an approach to analyze relationships among two variables or more…

Q: urgent i will 10 upvotes.

A: The objective of the question is to find the number of unsold seats that will produce the maximum…

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A: Marginal tax rate and average tax rate formula can be written as follows:

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A: The statement provided is: "If the estimator is consistent and the asymptotic variance is smaller…

Q: Profit = 2203.4*Demand -705030   Profit(1000)

A: Answer: Given, Profit function: Profit=2203.4×Demand-705030 To find the profit at Demand=1000 let us…

Q: Refer to Exhibit 1. The standard deviation of assembly time (in minutes) is approximately 1.1547 O…

A: The term "standard deviation" refers to a measurement of the data's dispersion from the mean. A low…

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Q: Answers on C) are incorrects.

A: In break-even, the total revenue equals the total cost, where total cost is the sum of the total…