Suppose you are willing to pay $6.86 for a box of organic raspberries. You buy two boxes at $5.25 per box at a farmers' market. The lowest price the seller would accept is $4.15 a box. This transaction generated (enter numbers with two digits after the decimal point, e.g., 3.20) The consumer surplus $ The producer surplus $ The total gains from trade $

Q: Figure A Q Figure B Figure C Price (dollars per unit) 15, 14- 13- 12- 11- 10- Price (dollars per…

A: In a perfectly competitive market, there are large number of firms producing similar and identical…

Q: of oil would make 15 million barrels the optimal quantity to extract and sell

A: At price 90 oil would make 20 million barrels the optimal quantity to extract and sell this year.

Q: part 3 and 4th

A: 3. Let the optimal transfer price be T, such that T = 6600 - 20Q Now, the manufacturing division…

Q: need the anwser asap. thank you

A: b. Consumer surplus:Consumer surplus is the difference between the price consumers are willing to…

Q: did you get 0.2Y?

A: The aggregate expenditure is the sum total of consumption, investment, government expenditures.

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: Suppose that in response to huge job losses in the U.S. textile industry, Congress imposes a 100…

A: Due to huge job losses in the U.S. textile industry, congress imposes a 100 percent tariff on…

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: Problem 1- Questions d-g please!!

A: Budget Line: given the price of 2 goods and consumer’s income. The budget line shows different…

Q: What is transport infrastructure

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

Q: can you plz complete the last part? Thank

A: The rate of unemployment will be calculated as number of unemployed divided with the labor force;…

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: Consumption/Savings 1400 1200 1000 800 600 400 200 0 -200 200 400 600 800 1000 1200 1400 1600 Income…

A: Let's break down the income and consumption/savings data to understand the financial…

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: Why is the permit needed for all the agencies?

A: The permits are a different form of license issued by the government to every business in the…

Q: Solve it correctly

A: Equilibrium price is the price at which quantity demanded equals quantity supplied and market…

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: Explain Grant

A: Grant: It is a sum of money that is being paid to an individual or an institution by any government…

Q: The Bruce Highway (from Cooroy to Curra) is currently being upgraded. The total expense of the…

A: Total expense of the project: $1.6 billionFederal government contribution: $1.1 billionQueensland…

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: 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: World annual usage of mineral M is actually declining by 5% a year. The current rate of extraction…

A: The ratio's reserve fraction (numerator) is the quantity of a resource that is known to exist in a…

Q: None

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

Q: Name: Name: Name: $/unit 25 1 Fertilizing Fish When farmers fertilize their fields, the nitrogen…

A: The objective of the question is to understand the concept of externalities in the market for…

Q: y can be a customer, bank, supplier, another system and __________ a. another department. b. another…

A: A bank is an institution that gives various financial services to individuals and other…

Q: When compared to a large business, a small business has O roles that are shared across a larger…

A: An organization or entity that is being engaged in activities of industrial, commercial, or…

Q: 69. Quantity of a certain commodity that is bought at a certain price at a given place and time.…

A: Dear student as you have posted multiple questions on the portal, but according to policies and…

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 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: please do d and e now please

A: Pareto optimal allocation refers to that point deviating from which no player can be made better off…

Q: Could you please answer questions d and e.

A: Robert Solow created the Solow model, commonly referred to as the neoclassical growth model, in the…

Q: Where did the 1/2 come from or what is it.

A: Producer surplus is the area below price and above supply curve.  Producer surplus is the area of…

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: What Is Local or National or International Suppliers?

A: A supplier is a firm or an entity that produces a service or a good. In a market, there exist a…

Q: TUse the table below to answer the following questions. Assume that fixed costs are $100 and labor…

A: Given: Fixed cost = $100 Labor cost per unit (variable factor cost per unit) = $80

Q: 5. If the consumer price index was 90 in 2011 and five years later in 2016 it was 120, the…

A: Given :  Consumer price Index (2011) = 90  Consumer price Index (2016) = 120  ( Consumer Price Index…

Q: What is total revenue?

A: Revenue refers to that amount which a seller or a person gets after selling its goods and services.…

Q: Fill in the table below, giving a numerical value for letters A, B, C, and D. TC AFC AVC 50 1 90 A B…

A: Total fixed cost is independent of output produced  whereas total variable cost varies with the…

Q: Discussing the working of Multipier explain its leakages

A: A multiplier factor may be a term utilized in economic science to explain associate economic part…

Q: When making decisions about what safety systems should cars or airplanes, the estimated cost per…

A: Sustainable development is an organizing concept for meeting human development aims while also…