Ñ5 Price, marginal cost (5)The diagram illustrates isoprofit curves and the marginal cost curve of MQ2020, a luxury car manufactured by MQ Motors. Which statement incorrectly describes thediagram?10,0009.000Profit- QP-A000CR, 250002,000Margnal cost6000hoprofit curve $150.000Ioprot curve S.0005.004.000-Ze om ttare (ACi)3,000140, 3300)2.000100010 20 30 40 50 60 70 80 90 100 110 120Quantity of cars, QSelect one:O a. If MQ Motors sells 35 cars, it would make profits of $6,000,O b. The average cost decreases until Q-40 and then increases.Oc. The shape of MQ Motors' cost function affects the shape of their isoprofit curves,O d. if MO Motors sets the price equal to the average cost, it makes zero economic profit.Oe. Given the same quantity of cars, MQ Motors' profits increase as price increases.

if MQ motor sells 35 cars it will be at price $6000 and the point [35,6000] lies above the iso…

Answered: Price, marginal cost (5) The diagram…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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MC ATC AVC MARKET PRICE AFC 15 P.
Q9. The profit levels of a company for varying levels of sales is shown in the table below: (All values in £1000) Sales 300 290 280 255 260 Profit 50 60 25 -10 10 A prospective investor is interested in seeing how the rate of profit is related to Sales and so produces the incomplete table below: Sales 300 290 280 255 260 profit rate Which is the row with the correct values of the profit rate? А. profit rate 22.7% 16.7% 12.4% -6.9% 4.44% В. profit rate 16.7% 20.7% 8.9% -3.9% 3.85% profit rate profit rate С. 18.2% 16.3% 4.6% -4.5% 5.58% D. 9.1% 36.3% 5.8% -0.5% 3.44% Ο Α. Α В. В С. С O D. D
Plz solve question 4)
A FATHER WISHES TO PROVIDE P4,000.00 FOR HIS SON ON HIS 21ST BIRTHDAY. HOW MUCH SHOULD HE DEPOSIT EVERY 6 MONTHS IN A SAVINGS BANK WHICH PAYS 3% CONVERTED SEMI-ANNUALLY, IF THE FIRST DEPOSIT IS MADE WHEN THE SON IS 3 1/2 YEARS OLD? a.P67.88 b.P63.22 c.P65.20 d.P63.90
6. The WorldLight Company produces two light fixtures (products 1 and 2) that require both metal frame parts and electrical components. Management wants to determine how many units of each product to produce so as to maximize profit. For each unit of product 1, 1 unit of frame parts and 2 units of electrical components are required. For each unit of product 2, 3 units of frame parts and 2 units of electrical components are required. The company has 200 units of frame parts and 300 units of electrical components. Each unit of product 1 gives a profit of $1, and each unit of product 2, up to 60 units, gives a profit of $2. Any excess over 60 units of product 2 brings no profit, so such an excess has been ruled out. (a) Formulate a linear programming model for this problem. (b) Use the graphical method to solve this model. What is the resulting total profit? VITY 3.3 CONSULTATION AND FEEDBACK
A32. With reference to the economy, Uniform Recall Period, Mixed Recall Period and Modified Mixed Recall Period are methods used to measure (a) Poverty Line (b) Extent of Human development (c) Impact of industries on climate change (d) Working age population ratio
Note:- Do not provide handwritten solution. Maintain accuracy and quality in your answer. Take care of plagiarism. Answer completely. You will get up vote for sure.
10 co Interest Rate (%) N B Investment Demand O E 0 $30 60 90 120 150 Investment ($) Price Level 0 AS Q₁ Real GDP ($) AD, (I=120) -AD₂ (I=90) *AD, (I=60) Refer to the above graphs, in which the numbers in parentheses near the AD₁, AD2, and AD3 labels indicate the level of investment spending associated with each curve, respectively. All numbers are in billions of dollars. The interest rate and the level of investment spending in the economy are at point C on the investment demand curve. To achieve the long-run goal of a noninflationary full-employment output Qf in the economy, the Fed should: decrease aggregate demand by increasing the interest rate. make no change in the interest rate. increase aggregate demand by decreasing the interest rate. increase aggregate demand by increasing the interest rate.
38. Federal fiscal year runs from Group of answer choices July 1, 2014 – June 30, 2015 Oct 1, 2014- Sept 30, 2015 Apr 1, 2014 – Mar 31, 2015 Jan 1, 2014 - Dec 31, 2014
(Table) Based on the table, the value for B is: Q 0 5 11 18 A 38 50 61 71 80 85 L 0 1 2 3 4 5 6 7 8 9 10 O 10. O 11. 9. O 13. MPP 0 5 6 7 9 B 12 11 10 9 5 P $8 $8 $8 $8 $8 $8 $8 $8 $8 $8 $8 VMP 0 40 48 56 72 88 C 88 80 72 40 W $80 $80 $80 $80 $80 $80 $80 $80 $80 $80 $80
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