MB3
Here, the number of downloaded songs are more than others at same data rate.
5 $7.50 5 $0.50 $3.50 $2.50 $1.00 0.50 Which of the curves on the above graph...
4 $7.00 5 $7.50 $0.50 MB $4.00 $3.50 $3.00 s2.so $2.50 $2.00 $1.s0 $1.00 1 23 45678910 Songs Which of the curves on the above graph represent Tony's marginal benefit for downloaded songs MB1 MB2 MB3 0 F4 FS F7 F8 F9
Output Price Marginal Cost 100 7.50 0.50 200 7 1.50 300 6.50 2.50 400 6 3.50 500 5.50 5.50 600 5 6.50 Please consider the above data for a monopolist. At which output level does the monopolist maximize its profits (or minimize its losses)? At an output of 500 At an output of 400 At an output of 300 At an output of 200 At an output of 600 Part b: Output Price TR MR...
Quantity of Masks 1 2. 3 Marginal Cost $0.50 $1.00 $1.50 $2.00 $2.50 4 5 The above table shows the marginal cost of producing different quantities of masks for Mako's mask business. What is Mako's average variable cost of producing 4 masks? $0.50 $1.25 $1.00 $0.75
Question 1 (1 point) $5.00 4.5아 4.00 3.50 3.00 2.50 2.00 1.50- 1.00 0.50 0 1 2 3 4 5 6 7 8 9 10 Quantity of Potato Chips r bag) Refer to the above diagram. This buyer's marginal willingness to pay for the 7th bag of potato chips is(include the dollar sign and 2 decimal places in your answer) Question 2 (1 point) Suppose there are only two firms in the market for a certain good. Firm 1's marginal...
The graph below shows the marginal, average variable, and average total cost curves for a pizza seller. Refer to the graph to answer the following questions. Instructions: Indicate the profit-maximizing level of output. Enter your response as a whole number. Cost Curves 3.50 3.25 3.00 2.75 Select Select Select 2.50 (S/slice) 2.00 W 1.75 1.50 1.25 1.00 0.75 0.50 0.25 100 200 300 400 500 600 700 800 900 Q -> Quantity (slices/day) a. What is the amount of the...
The above graph shows two possible marginal cost curves for the production of hoodies (hooded sweatshirts). Assume that the hoodie market is perfectly competitive. If a hoodie industry consists of 10 firms with a marginal cost curve of MC 1 and 20 firms with a marginal cost curve of MC 2, what is the quantity of hoodies supplied at a price of $12 per hoodie? $14 $13 MC 1 $12 $11 MC 2 $10 $9 $8 Marginal Cost of Hoodies...
1. Sketch indifference curves for each of the following consumers for a day’s worth of coffee and food, and describe why the indifference curves take the shape they do. Draw the indifference curves as how they would look if the drank a range of 0 to 4 cups. a. Ron treats coffee and food as ordinary goods, but is neutral to coffee beyond 3 cups. b. For Gareth, food is always an ordinary good where more is better; however, coffee...
Question 20 (1 point) $20 $18 $16 ATC MC $14 $12 Cost of Sweatpants $10 $8 AVC $6 $4 $2 $0 0 1 2 8 9 10 3 4 5 6 7 Quantity of Sweatpants -F -F +- $0 + 0 1 + 2 3 4 5 6 7 Quantity of Sweatpants 8 9 10 The above graph contains the average total cost, marginal cost, and average variable cost for a small firm that produces sweatpants. Assume the market for...
Question 6 Not answered Marked out of 1.00 If the above reaction could be done at 3399 K, what would be your estimate for AGº (in kJ) at this elevated temperature? Use AG° =AH° -TAS® and assume AH° and 4Sº are independent of temperature. P Flag question (Theº is included because it is still for standard conditions, that is, 1 atm for gases and 1 molar for concentrations.) Answer: What is Agrº (in kJ) at 2268 K for the following...
Welcome tested in Excel ome Insert Page Layout Formulas Data Review View Tell me what you want to do PROTECTED VIEW Be carefules from the Internet can contain viruses. Unless you need to edit x's safe to stay in Protected View. Erable Editing A B C D E F G H ILUKLMNOPQRSTU V W X Y Z AA AB AC AD AE AF AG Cost Curves Worksheet Q TFC AFC VC TVC AVCTC ATC MC SSSSSSS Sheet Sheutz Sheet ested...