please answer in text form and in proper format answer with must explanation , calculation for each part and steps clearly OligopolyHomework Unanswered Due Today, 11:59 PMIn the diagram, there are companies with high costs and there arecompanies with low costs. If the good produced is identical from firm tofirm, each firm will have an incentive to produceoutput.units ofSelect an answer and submit. For keyboard navigation, use the up/down arrow keys to select an answer.a 0bQ1C22dQ3eQ4Demand01020304asMC HighfQ5Open in Re

Key references:In a competitive market, firms aim to maximize profits. If the good produced is…

Answered: Oligopoly Homework Unanswered Due…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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ons) F X ChatGPT 272276#0f7fee7d-5344-48c9-98e7-5aabebadcdde nson, Saniyah C The table above represents the X G The table above represents the X ur answers will automatically save as you proceed through the test. Bars of Chocolate Q Search 16/42 answered Time Remaining: 30m An Hide 17s aut Which of the following graphs shows the change in the production possibilities frontier curve if all workers in a country beco more productive (i.e. they are able to make more of any good they are asked to produce)? 120 100 80 60 40 20 0 Bars of Chocolate 120 100 80 60 40 20 0 A 0 10 20 30 40 50 60 70 80 90 100 110 120 Number of Watches 0 10 20 30 40 50 60 70 80 90 100 110 120 Number of Watches Bars of Chocolate 120 100 80 60 20 0- 0 10 20 30 40 50 60 70 80 90 100 110 120 Number of Watches
ChatGPT efe-5535-4186-8898-a97f30902ebc + utomatically save as you proceed through the test. Question 13 11/42 answered Ō Time Remaining: 39m Answers are saved Hide 19s automatically Which points represent a production level that could be economically efficient? Select all that apply. [Image description: The graph below shows the production possibilities frontier for sedans and convertibles. Vertical axis is thousands of sedans and horizontal axis is thousands of convertibles. There are four points on the graph, labelled A through D. Point A is inside the PPF. Points B and C lie on the PPF at different positions. Lastly, Point D is outside of the PPF.] Thousands of sedans 12 D 10 B 8 6 T 2 C A 0- 0 2 4 6 8 10 12 Thousands of convertibles Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. a A Q Search 口 9: 6/7
Refer to the Data for Elght Phones Talk Time Overall Score (Hours) Brand Model Price ($) Volce Quallty AT&T CL84100 50 73 Excellent 7 AT&T TL92271 70 Very Good 06 Panasonic 4773B 100 78 Very Good 13 Panasonic 6592T 80 72 Very Good 13 Uniden D2997 35 70 Very Good 10 Uniden D1788 70 73 Very Good Vtech DS6521 70 72 Excellent 7. Vtech CS6649 60 72 Very Good 7. (a) What is the average price for the phones? (Round your answer to the nearest cent.) 2$ (b) What is the average talk time for the phones? hours (c) What percentage of the phones have a voice quality of very good? %
d One cannot tell. Question 18 The attached table contains data for a monopoly firm. The monopoly can earn the most economic profit when it produces units of output. Output (Q) Total Costs Total Revenue 0 19 0 5 20 20 10 22 30 15 25 35 20 40 40 25 70 42 Typed numeric answer will be automatically saved. Question 19 R
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✓ Saved Which of the following production bundles would be considered efficient? P-cakes 60 a Question 4 b C d 50 44 40 34 20 Selected answer will be automatically saved. For keyboard navigation, press up/down arrow keys to select an answer. 0 60 Pancakes and 0 Bacon 0 Pancakes and 60 Bacon 34 Pancakes and 20 Bacon 20 44 Pancakes and 40 Bacon 40 60 Bacon D
hapter 02 Teresa is a hard-working college freshman. One Sunday, she decides to work nonstop until she has answered 176 practice problems for her math course. She starts work at 8:00 AM and uses a table to keep track of her progress throughout the day. She notices that as she gets tired, it takes her longer to solve each problem. Time 8:00 AM Total Problems Answered 0 9:00 AM 80 10:00 AM 128 11:00 AM 160 Noon 176 Use the table to answer the following questions. The marginal, or additional, gain from Teresa's second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Teresa's fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant for Teresa's math course gives her some advice. "Based on past experience," the teaching assistant says, "working on 40 problems raises a student's exam score by about the same amount as reading the textbook for 1 hour." For simplicity, assume students always cover the same number of pages during each hour…
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365 ht, Library, and ng Resources soft Teams ngs soft Teams s "Marble Madness" is a local carnival game, costing $2. There are 100 total marbles in a bag: 2 red, 8 orange, 10 yellow, 30 green, 30 blue, and 20 black. If a red marble is pulled, you win $6, an orange marble wins $4, and a yellow marble wins $2. A green, blue, and black marble result in a loss of the $2 cost to play. What is the expected value of a marble pull? Provide your answer below

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