Hand written plzz Use the table below to answer questions about Christina's Christmas Wreaths. Christina operates in a perfectly competitive market forwreaths.Christina's Costs and RevenueQuantity Average Variable Average Total(wreaths)Cost (dollars)Cost (dollars)$20.00Marginal Cost(dollars)$20.00Marginal Revenue(dollars)$64.005$25.00618.0022.0022.0064.00724.0028.0064.0064.00829.0032.0060.0064.00936.0039.0095.0064.001049.0052.00169.0064.00Instructions: In part a, enter your answer as a whole number. In parts b and c, round your answers to two decimal places.a. What is the profit-maximizing level of output for Christina's Christmas Wreaths?wreathsb. What is the profit per unit if the profit-maximizing level of output is produced?$c. What is the total economic profit generated by producing the profit-maximizing output?$

We have given price = 64 for product the product. Due to given price, MR becomes equals to the…

Use the table below to answer questions about Christina's Christmas Wreaths. Christina operates in a perfectly competitive market for wreaths. Christina's Costs and Revenue Quantity (wreaths) Average Variable Cost (dollars) Marginal Cost (dollars) Marginal Revenue (dollars) Average Total Cost (dollars) $25.00 $20.00 $20.00 $64.00 18.00 22.00 22.00 64.00 24.00 28.00 64.00 64.00 8 29.00 32.00 60.00 64.00 36.00 39.00 95.00 64.00 10 49.00 52.00 169.00 64.00 Instructions: In part a, enter your answer as a whole number. In parts b and c, round your answers to two decimal places. a. What is the profit-maximizing level of output for Christina's Christmas Wreaths? wreaths b. What is the profit per unit if the profit-maximizing level of output is produced? 24 c. What is the total economic profit generated by producing the profit-maximizing output?

Use the table below to answer questions about Christina's Christmas Wreaths. Christina operates in a perfectly competitive market for wreaths. Christina's Costs and Revenue Quantity (wreaths) Average Variable Cost (dollars) Marginal Cost (dollars) Marginal Revenue (dollars) Average Total Cost (dollars) $25.00 $20.00 $20.00 $64.00 18.00 22.00 22.00 64.00 24.00 28.00 64.00 64.00 8 29.00 32.00 60.00 64.00 36.00 39.00 95.00 64.00 10 49.00 52.00 169.00 64.00 Instructions: In part a, enter your answer as a whole number. In parts b and c, round your answers to two decimal places. a. What is the profit-maximizing level of output for Christina's Christmas Wreaths? wreaths b. What is the profit per unit if the profit-maximizing level of output is produced? 24 c. What is the total economic profit generated by producing the profit-maximizing output?

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 population of 100,000 has 200 births, 40 deaths, 20 immigration, and 20 emigration. Find the population number after 01 years.
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The Wall Street Journal’s website, www.wsj.com, reported the number of cars and light-duty trucks sold through October of 2014 and October of 2015. The top sixteen manufacturers are listed here. The sales information for all manufacturers can be accessed in a data file below. Sales data are often reported in this way to compare current sales to last year’s sales. Year-to-Date Sales Manufacturer Through October 2015 Through October 2014 General Motors Corp. 2,562,840 2,434,707 Ford Motor Company 2,178,587 2,065,612 Toyota Motor Sales USA Inc. 2,071,446 1,975,368 Chrysler 1,814,268 1,687,313 American Honda Motor Co Inc. 1,320,217 1,281,777 Nissan North America Inc. 1,238,535 1,166,389 Hyundai Motor America 638,195 607,539 Kia Motors America Inc. 526,024 489,711 Subaru of America Inc. 480,331 418,497 Volkswagen of America Inc. 294,602 301,187 Mercedes-Benz 301,915 281,728 BMW of North America Inc.…
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Real Wage Number of Workers Demanded Labor Force Participation Rate 60 120,000,000 30% 70 110,000,000 35% 80 100,000,000 40% 90 90,000,000 45% 100 80,000,000 50% 110 70,000,000 55% 120 60,000,000 60% 130 50,000,000 65% 140 40,000,000 70% 150 30,000,000 75% 160 20,000,000 80% 170 10,000,000 85% Ignore what happened in the previous question. The table above shows some pieces of information about the labor market condition in a country. It shows the number of workers demanded in the country at different levels of real wage. It also shows the labor force participation rates at those real wage levels. For example, if the real wage is 60, only 30% of the civilian population will participate in the labor force. If the real wage is 170, some 85% will participate in the labor force. The general price level in this country is P = 100. The civilian population in this country is 100 million persons. Assume that wages and prices are fully flexible upwards and…
Question: In which year the concept of Multidimensional Poverty Index was introduced? (A) 2010(B) 2011(C) 2000(D) 2008Please Dont use AI tool.
Each term (3 months) the current group of economics students completed a questionnaire as to how much they would spend on new purchases compared to how much they would save/pay off bills, if they suddenly and unexpectedly received a check for $1,000. The average MPC is shown in the table below. Month in which student poll was taken Average of students’ responses as MPC March 0.41 June 0.30 September 0.22 December 0.56 What do these MPC’s imply about the students’ thinking over the course of the year? (Enter response here.) What is likely happening in the economy during the same period of time?
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Category Total population Less than 16 years of age Over 65 years of age Institutionalized 15 Part-time workers 40 Full time workers 145 Actively looking for work 10 In the US Armed forces 20 The Labor force participation are is 95% 83.% 80% 93% a. b. C. Number of people (million) 305 d. 30 5
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