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

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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?
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Consider a firm that uses capital and labor as inputs and sells 5,000 units of output per year at the going market price of $10. Also assume that total labor costs to the firm are $45,000 annually. Assume further that the total capital stock of the firm is currently worth $100,000, that the return available to investors with comparable risks is 10 percent annually, and that there is no depreciation. Calculate the economic profit and accounting profit of this firm? Explain your answer.?
Price Per KM(S) 0.9 0.8 0.7 0.6 0.5- 0.4 0.3 0.2 0.1 T U V W KM DRIVEN (000s KM) PLEASE COMPLETE TABLE BELOW ONLY USING ABOVE INFORMATION T = 29,000 KM U = 36,000 KM 80 V = 44,000 KM W=47,000 KM What is the TFC at V? 19000 What is the AFC at V (2 Decimals)? 0.43 If AVC is 0.35 at V, what is the TVC? 15400 What is the BREAKEVEN Quantity (PUT LETTER)? What is the SHUTDOWN Quantity (PUT LETTER)? ATC at T is: $0.75/KM TC at U is: $25920 Find the Marginal Cost between T and U (Answer to 2 Decimals and always positive)?$ 6.92 If Price of an UBER RIDE is $0.7/KM: What is the number of KMS Driven by Jim? KM What is the total Revenue at this point? $ ☐ What is the total Cost at this point if AVC is $0.35 per KM? $ What is the Profit/Loss at this point? $

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