MindTap - Cengage LearningM Fwd: USE THIS ONE- ocunnin2@ x +com/static/nb/ui/evo/index.html?deploymentld%35698037222530759652689335&elSBN=9781305582033&nbld%3D15552578&snapshotld%3D15552578CENGAGE MINDTAPCritical Analysis Questions (Ch 07)costs used to determine GDP under the resource cost-income approach.ComponentBillions of DollarsExpenditure approachResource cost-income approachPersonal Consumption12,269.1Employee Compensation9,655.3Rents656.6Gov't Consumption & Investment3,183.0Imports2,782.9Depreciation2,582.6Corporate Profits2,048.0Interest Income525.1Exports2,219.60Gross Private Investment3,021.1Indirect Business Taxes1,302.8Self-Employment Income1,388.5Net Income of Foreigners-249.00Using the expenditure approach, GDP is SUsing the resource cost-income approach, GDP isGrade It NowSave & ContincContinue withhout savirchPrtScInsertDeF10F11F12F5F6F7F8F9F3F4&Ba4.5689-Y+ I/*3

Table -1 shows the given components are the expenditure approach or resource- cost approach as…

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ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Only typed answer and don't use chat gpt and please answer correctly Suppose that you can sell as much of a product (in integer units) as you like at $61 per unit. Your marginal cost (MC) for producing the qth unit is given by: MC=9q This means that each unit costs more to produce than the previous one (e.g., the first unit costs 9*1, the second unit (by itself) costs 9*2, etc.). If fixed costs are $50, what is the optimal output level? Please specify your answer as an integer. Also, assume that a competitive firm has the total cost function: TC = 1q3 - 40q2 + 710q + 1700 Suppose the price of the firm's output (sold in integer units) is $550 per unit. Using tables (but not calculus) to find a solution, what is the total profit at the optimal output level? Please specify your answer as an integer.
Write a paragraph to explain to your CEO that based on using regression analysis, through using the solver tool of excel, recalculate the optimum units to produced this month is 800 pro 200 mini to have the maximize revenue of $174,400.00. Explain what/why would it be if you make any changes in the units to stay within the constraints that you have it would produce less money.
The owner of Barb’s Burgers has suggested the firm should invest in more moderntechnology and created a list of potential changes she thinks may be helpful as aninvestment. She has asked you to analyze the four potential choices and comment onwhat this would change in terms of cost:1. Build kiosks in the dining area for people to place their orders without having tointeract with a cashier. The kiosks would need also need to be integrated into thepoint of sales system to track orders for the kitchen Question: Argue how each of these is likely to change the cost of the firm once implemented (i.e. are any of these a fixed cost or a variable cost). How this adjust theamount of labour and/or capital currently necessary for the firm? Would the technology be a general technology, labour-saving, or capital-saving?
Data Table TC TFC TVC ATC AFC AVC MC TR PROFIT 181.75 12 120 22 10 12 181.75 13 269.5 277.5 181.75 14 181.75 15 296.25 181.75 16 204 181.75 17 250.75 181.75 18 17.75 181.75 19 21.75 181.75 20 35.75 181.75 21 45.46
Complete the following table. Missing values are denoted by a number inside parentheses (X). Place your answers in the corresponding numbered fields below the table. Quantity FC VC TC AFC AVC ATC MC 0 144 0 (1) 1 2 3 4 --- --- (2) (3) 179 (4) (5) (6) (8) (9) (10) (11) 30 (14) (15) (16) (17) (18) (19) 15 (20) (21) (22) (23) (24) 60 (25) (7) m (12) (13)
Just need a rough representation of the questions here
Please give me accurate answer with fluu explanation otherwise i give multipe downvote Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.
12
Suppose that the Foreign country experiences positive news following the discovery of a valuable mineral in its territory. Which graph shows the appropriate shift, ceteris paribus? The orange line and arrow represent the change. E(H/F) E(HIF) A 00 n ERR(H) ERR(H) A ERR(F) C ERR ERR(F) ERR E(H/F) ERR(H) 你 E(H/F) E ERR(H) B ERRIF) D ERR ERR(F) ERR
● ● The marginal benefit to Lesley of staycations during the year at a hotel are given by the ollowing schedule: Number of Weekend Staycations 1 2 3 4 5 Marginal Benefit $550 $460 $390 $250 $200 $150 If the marginal cost of a staycation at the hotel is constant and equal to $360, how many weekends at the hotel is Lesley likely to enjoy? If Lesley stays for 5 weekends, what is the net benefit/(cost)?
Game theory - Please help. Thanks!
I need the work that shows how to get the answer.

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