Pearson eText for Mathematics for Elementary Teachers with Activities -- Instant Access (Pearson+)
5th Edition
ISBN: 9780137442812
Author: Sybilla Beckmann
Publisher: PEARSON+
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Textbook Question
Chapter 3.1, Problem 2P
Write a Put Together/Take Apart, Both Addends Unknown problem for the number 6. Write equations that fit with the solutions of the problem.
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Firm Alpha operates in a perfectly competitive market in a constant-cost industry and is earning negative economic profit.
a. How does Firm Alpha determine its profit-maximizing quantity of output? Explain.
b. Draw correctly labeled side-by-side graphs for Firm Alpha and the market it operates in. Label the axes and all of the following:
i. Market price (PE) and market quantity (QE)
ii. The firm's quantity of output (Qe)
iii. The firm's average total cost (ATC)
c. Completely shade the area of the firm's total cost.
d. Identify whether the following increase, decrease, or remain constant as the market moves to long-run equilibrium:
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ii. Market equilibrium price
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f. Will the unregulated market produce more or less than the socially optimal quantity?
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Goods A, B, and C are related goods, each operating in a perfectly competitive market.
a. As the price of Good A increases from $8 to $10, its quantity demanded falls from 200 units to 160 units. Calculate the price elasticity of demand for this range.
b. Good A is an input for Good B. Illustrate the effect of the price change from part (a) on a fully labeled supply and demand graph for Good B. Label the equilibrium price(s) and quantity or quantities. Use arrows to indicate any shifts.
c. On your graph from (b), shade the consumer surplus lost in the market for Good B as a result of the change in part (a).
d. The equilibrium price for Good C is $2, and the equilibrium quantity is 60 units. The cross-price elasticity of Good C with Good A is -3.
i. Are Good C and Good A normal goods, inferior goods, complementary goods, or substitute goods?
ii. Calculate the new equilibrium quantity of Good C after a 25% price increase for Good A.
Chapter 3 Solutions
Pearson eText for Mathematics for Elementary Teachers with Activities -- Instant Access (Pearson+)
Ch. 3.1 - Write an Add To problem that fits naturally with...Ch. 3.1 - Write a Put Together/Take Apart, Both Addends...Ch. 3.1 - Write two versions of a Compare, Difference...Ch. 3.1 - Write two versions of a Compare, Bigger Unknown...Ch. 3.1 - Identify the type and subtype of each of the...Ch. 3.1 - Write an Add To, a Put Together/Take Apart, and a...Ch. 3.1 - Write a Take From, a Put Together/Take Apart, and...Ch. 3.1 - Write an Add To problem that can be solved by...Ch. 3.2 - Many teachers have a collection of small cubes...Ch. 3.2 - Discuss the difference between the commutative...
Ch. 3.2 - Figure 3.13 indicates a make-a-ten method for...Ch. 3.2 - Tomaslav has learned the following facts well: All...Ch. 3.2 - Give an example of an arithmetic problem that can...Ch. 3.2 - Give an example of an arithmetic problem that can...Ch. 3.2 - Describe a way to calculate 304-81 mentally, by...Ch. 3.2 - To calculate 15973, a student writes the following...Ch. 3.2 - To calculate 20188, a student writes the following...Ch. 3.2 - David and Ashley want to calculate 8.272.98 by...Ch. 3.2 - Tylishia says that she can calculate 324197 by...Ch. 3.2 - *Is there an associative property of subtracting?...Ch. 3.2 - *Is there a commutative property of subtraction?...Ch. 3.3 - Refer to Class Activity 3l, Adding and Subtracting...Ch. 3.3 - Describe how to use bundled things to explain...Ch. 3.3 - Describe how to use bundled things to explain...Ch. 3.3 - Allie solves the subtraction problem 3049 as...Ch. 3.3 - Zachary added 3.4+2.7 and got the answer 5.11. How...Ch. 3.3 - To solve 512146, a student writes the following:...Ch. 3.3 - Problem: Matteo is 4 feet 3 inches tall. Nico is 3...Ch. 3.3 - Problem: A container holds 2 quarts and 4 fluid...Ch. 3.3 - On a space shuttle mission, a certain experiment...Ch. 3.3 - We can write dates and times in a sort of expanded...Ch. 3.3 - Erin wants to figure out how much time elapsed...Ch. 3.3 - The standard subtraction algorithm described in...Ch. 3.3 - The standard subtraction algorithm described in...Ch. 3.3 - Here’s how Mo solved the subtraction problem...Ch. 3.3 - *After you solve part (b) of this problem, think...Ch. 3.4 - Using the example 27+37, explain why we add...Ch. 3.4 - Using the example 23+34, explain why we add...Ch. 3.4 - Using the example 356, describe the procedure for...Ch. 3.4 - Use two number lines, one labeled with (fractions...Ch. 3.4 - For each of the following decimals, show how to...Ch. 3.4 - Show how to calculate the sum 25+0.25 and show how...Ch. 3.4 - Show how to calculate 538+123 in two different...Ch. 3.4 - Show how to calculate 423+134 in two different...Ch. 3.4 - Find two different positive fractions whose sum is...Ch. 3.4 - John says 23+33=46 and uses the drawing in Figure...Ch. 3.4 - Denise says that 2312=13 and gives the reasoning...Ch. 3.4 - Arnold says that 223=45, and he uses the drawing...Ch. 3.4 - Can the following problems about voters be solved...Ch. 3.4 - Can the following problems about a bird feeder be...Ch. 3.4 - Can the following problems about Sarah’s bead...Ch. 3.4 - Can the following problem about Jim’s medicine be...Ch. 3.4 - a. Write and solve a word problem for 34+23. b....Ch. 3.4 - a. Write and solve a word problem for 212+113. b....Ch. 3.4 - a. Write and solve a Compare problem that can be...Ch. 3.4 - a. Write and solve a Put Together/Take Apart...Ch. 3.4 - For each square in Figure 3.33, determine the...Ch. 3.4 - For each square in Figure 3.34, determine the...Ch. 3.4 - Broad Street divides Popperville into an east side...Ch. 3.4 - Anklescratch County and Kneebend County are two...Ch. 3.4 - There are two elementary schools in the town of...Ch. 3.4 - Suppose you start with a fraction and you add 1 to...Ch. 3.4 - *In the first part of the season, the Bluejays...Ch. 3.5 - Write an Add To problem that fits naturally with...Ch. 3.5 - Write a Compare problem that fits with the...Ch. 3.5 - a. Show how to use a number line to calculate...Ch. 3.5 - For each of these four expressions,...
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