The American company produces cars in the territory of Russia. To do this, t imports auto partsproduced in the US, for a sum of 20,000 dollars Then workers build cars, the cost of which is 35000dollars. $5,000 goes to pay indirect taxes, $7,000 for workers' salaries (of which $2,000 is the wagesof US citizens working for hire), The remainder of the funds is the company's net profit. Determinehow the activity of this company is takeoJoto count in GDP and GNI of Russia and the UnitedStates and in the National Income of Russia and the US1. Russian GDP will increase by2. Russian GNP will increase by3. US GDP will increase by4. US GNP will increase by

Gross Domestic Product is the total monetary value of the finished goods and services that are…

Answered: The American company produces cars in…

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

According to the data from a company, the marginal revenue of a product (in billions of dollars per year) is approximated by 3.94 + 0.06x + 0.012x^2 , where x = 0 corresponds to 1987. what was rhe total revenue from the beginning of 1998 through the end of 2004?
A dry cleaner in California encountered controversy for charging more to dry clean women’s shirts than men’s shirts. As an unhappy female customer noted, “They charged me $1.50 for each of my husband’s shirts, and he wears an extra large. They charged $3.50 for each of mine, and I wear a small.” The store owner explained that the difference stemmed from the need to hand iron her shirts because his automatic presser was not made to handle small-sized women’s garments. Was this dry cleaner practicing price discrimination?
As per given information, the table is completed:- (In $) Quantity Price Total Marginal Total Cost Marginal Revenue Revenue Cost 34 20 20 1 32 32 32 36 16 2 30 60 28 46 10 28 84 24 50 4 4 26 104 20 54 4 24 120 16 56 2 22 132 12 64 7 20 140 80 16 8 18 144 4 100 20 16 144 128 28 14 140 -4 160 32 (d) Generally, what are the relative values of price, ATC, and AVC when a monopolist experiences: a profit? a loss but continues to produce? a loss but ceases production? 10
The total profit equation for the firm is p =-500-25x-10x^2 -4xy-5y^2+15y ;x +y =100 .where x and y represents output levels.Us8ng substitution method determine the profit maximizing output levels for x and y .
The tapie pelow Cotains pricerdemand and total cOSt data Tor the production of treadmilis, where p is the wholesale price (in dollars) of a treadmill for an annual demand of x treadmills, and C is the total cost (in dollars) of producing x treadmills. p ($) C ($) 2,910 1,450 3,634,000 3,415 1,275 3,782,000 4,645 1,123 4,185,000 5,330 918 4,290,000 Use this data to find a linear regression equation for price-demand data, using x as the independent variable: p= ax + b, where a is rounded to 1 decimal place and 6 is rounded to the nearest integer. Use this data to find a linear regression model for the cost data, using x as the independent variable: C(x) = cx + d, where c is rounded to the nearest integer and d is.rounded to the nearest 10,000. To Do Notifications Dashboard Calendar
My student id is 2020-3-60-007 and (Departmental code - 101) (a) Plot Demand, Marginal Cost, Marginal Revenue and Average Total Cost curve inone graph. Identify the Profit maximizing level of price and quantity in the graph.(b) Calculate the Profit from the above graph given the following data:• Profit maximizing Price level is the first 4 digits of your EWU Student ID• Profit maximizing Cost level is the last 3 digits of your EWU Student ID• Profit maximizing Output level is the 2 digits (departmental code) from yourEWU Student ID
TNT Construction wants to sell dynamite for $50 a bundle. Its variable costs for each bundle are $15. To break-even, TNT Construction needs to sell 500 bundles of dynamite. Calculate TNT Construction's fixed costs. Fixed Costs = __________________.
XY Inc. produces certain product at a labor cost of $10 and material cost of $15 per unit. The fixed charges of the firm is $10,000 per month, and the variable costs besides the material and labor costs are $8 per unit. The products are sold wholesale at $63 each. Using this information. the break even sales volume of the firm is Blank 1 units Blank 1 Add your answer
Output (Concession Stand Items) Number of Workers Employed Per Day Price of Labor Per Worker Per Day Total Variable Cost of Labor Total Fixed Costs Per Day Total Cost Per Day Average Price of Concession Stand Items Total Revenue Profit Average Variable Cost Average Fixed Cost Average Total Cost Marginal Cost Marginal Revenue 0 0 $120 0 $2,000 2000 $8.00 0 -2000 0 0 0 0 8 100 2 $120 240 $2,000 2240 $8.00 800 -1640 2.40 20 22.40 2.40 8 400 4 $120 480 $2,000 2480 $8.00 3200 720 1.20 5 6.20 0.80 8 750 6 $120 720 $2,000 2720 $8.00 6000 3280 0.96 2.66 3.62 0.67 8 900 8 $120 960 $2,000 2960 $8.00 7200 4240 1.07 2.22 3.29 1.60 8 1,025 10 $120 1200 $2,000 3200 $8.00 8200 5000 1.17 1.95 3.12 1.92 8 1,125 12 $120 1440 $2,000 3440 $8.00 9000 5560 1.28 1.77 3.06 2.40…
Imagine that you and two friends looking ahead to the end of the COVID-19 restrictions, and are planning a camping trip to the west coast of Vancouver Island. You can all car and have your own tents and sleeping bags. Below is a list of costs that must be incurred to plan and take the trip. Which of these are transaction costs for the travel? (Select all that apply.) | The interest charges on the credit card bill Collecting money to pay the credit card bills | The total cost of food | Deciding whether to invite another friend to share the cost The price paid for gasoline for the car | Choosing who should drive on the way to the park
Given Question #1 Cost function C= 3000+6Q Q = 4400 - 200Q Q= 1600 P = 14 Profit= 22400-12600 = 9800 Question #2 Q=$480 - Laredo Q=$1120 - SA Question #3 Ed=−1.25 - Laredo Ed=−0.55 - SA 0.5<0.8− markup index it is charging less. - Laredo 0.64<-1/-0.55--markup index it is charging less. - SA Please answer question number #4 (A-C) For Laredo only
A soap company sold 250,000 soaps for which the variable cost of manufacture was $4.20 per soap. Each soap contributes 30% of its revenue to fixed costs and profit. This year the company decided to give a price reduction of 5%. How many more soaps will the company have to sell at the 5% price reduction to earn the same profit.

Recommended textbooks for you

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

ENGR.ECONOMIC ANALYSIS

Economics

ISBN:

9780190931919

Author:

NEWNAN

Publisher:

Oxford University Press

Principles of Economics (12th Edition)

Economics

ISBN:

9780134078779

Author:

Karl E. Case, Ray C. Fair, Sharon E. Oster

Publisher:

PEARSON

Engineering Economy (17th Edition)

Economics

ISBN:

9780134870069

Author:

William G. Sullivan, Elin M. Wicks, C. Patrick Koelling

Publisher:

PEARSON

Principles of Economics (MindTap Course List)

Economics

ISBN:

9781305585126

Author:

N. Gregory Mankiw

Publisher:

Cengage Learning

Managerial Economics: A Problem Solving Approach

Economics

ISBN:

9781337106665

Author:

Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor

Publisher:

Cengage Learning

Managerial Economics & Business Strategy (Mcgraw-…

Economics

ISBN:

9781259290619

Author:

Michael Baye, Jeff Prince

Publisher:

McGraw-Hill Education

SEE MORE TEXTBOOKS