Use the table to answer three questions. Budget Total (in Billions of Dollars) Revenues 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2,775 3,022 3,250 3,268 3,316 3,329 3,462 3,296 3,455 3,507 3,689 3,853 3,981 4,108 4,446 6,606 -680 -485 -439 -585 -665 -779 -984 -3,310 2,407 2,568 2,524 2,105 2,162 2,303 2,450 Outlays 2,655 2,729 2,983 3,518 3,456 3,603 3,537 Surplus (deficit) -248 -161 -459 -1,413 -1,294 -1,300 -1,087 From 2016 to 2020 by how much did each of the following change? Instructions: Enter your responses as a whole number.

Use the table to answer three questions. Budget Total (in Billions of Dollars) Revenues 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2,775 3,022 3,250 3,268 3,316 3,329 3,462 3,296 3,455 3,507 3,689 3,853 3,981 4,108 4,446 6,606 -680 -485 -439 -585 -665 -779 -984 -3,310 2,407 2,568 2,524 2,105 2,162 2,303 2,450 Outlays 2,655 2,729 2,983 3,518 3,456 3,603 3,537 Surplus (deficit) -248 -161 -459 -1,413 -1,294 -1,300 -1,087 From 2016 to 2020 by how much did each of the following change? Instructions: Enter your responses as a whole number.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

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Sean is a hard-working college freshman. One Thursday, he decides to work nonstop until he has answered 88 practice problems for his physics course. He starts work at 8:00 AM and uses a table to keep track of his progress throughout the day. He notices that as he gets tired, it takes him longer to solve each problem. Time Total Problems Answered 8:00 AM 0 9:00 AM 40 10:00 AM 64 11:00 AM 80 Noon 88 Use the table to answer the following questions. The marginal, or additional, gain from Sean’s second hour of work, from 9:00 AM to 10:00 AM, is problems. The marginal gain from Sean’s fourth hour of work, from 11:00 AM to noon, is problems. Later, the teaching assistant for Sean’s physics course gives him some advice. “Based on past experience,” the teaching assistant says, “working on 12 problems raises a student’s exam score by about the same amount as reading the textbook for 1 hour.” For simplicity, assume students always cover the same number of…
Please give me correct answer with full explanation and draw the graph otherwise i give downvote Note:- Please avoid using ChatGPT and refrain from providing handwritten solutions; otherwise, I will definitely give a downvote. Also, be mindful of plagiarism. Answer completely and accurate answer. Rest assured, you will receive an upvote if the answer is accurate.
Number of Baskets of Fish (per hour) 0 1 2 3 4 5 Price $13 13 13 13 13 Total Revenue $0 13 26 39 52 65 Total Cost $10 15 22 31 44 61 Total Profit $-10 -2 4 8 8 4 Marginal Cost basket(s) of fish basket(s) of fish basket(s) of fish $5 7 9 13 17 Given the information in the table above about fish production, answer three questions. Instructions: Enter your responses as whole numbers. Indicate negative responses with a (-) negative sign. What rate of output a. Maximizes total revenue? b. Maximizes profit per unit? c. Maximizes total profit? (Note: Choose the higher level of output.)
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
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Describe large bureaucratic organizations with which you have had contact with that has not responded flexibly to customer demands. And describe examples of satisfactory responsiveness. What do you think accounts for the differences between the responsive and nonresponsive organizations?
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1) See picture to solve