Homework Answers
value of (i) price*quantity= 3*65 = 195
(ii) (275/5)= 55
(iii) [ (320-315)/(8-7)]= 5
total revenue for 3 lessons- 195
Econ 121, Fall 2019,6776 (Online) Homework: HW Ch. 13 Score: 0 of 1 pt 29 of...
Econ 121, Fall 2019,6776 (Online) Homework: HW Ch. 13 Score: 0 of 1 pt 29 of 40 (27 complete) Concept: Calculate Total/Marg Revenue Suppose a monopolistically competitive firm sells a particular brand of jeans. The quantities of jeans sold per day at various prices are shown in the table below Fill in total revenue and marginal revenue in the table below (Enter your responses as integers.) OutputPrice Total Revenue Marginal Revenue $110.00 105.00 100.00 95.00 90.00 85.00 Enter your answer...
Homework: HW Ch. 13 Score: 0 of 1 pt End of Chapter 2.4 2 of 40...
Homework: HW Ch. 13 Score: 0 of 1 pt End of Chapter 2.4 2 of 40 (31 complete) Maria manages a bakery, that specializes in ciabatta bread, and has the following information on demand and costs Ciabatta Bread Sold Per Hour (a) Price (P) $6.00 550 500 4.50 4.00 3.50 3.00 2.50 200 Total Cost (10) 2200 550 8.00 10.00 11.50 12.50 1300 14.00 16.00 a. To maximize profits, Maria should sell loaves of ciabatta bread per hour. (Enter your...
Price and cost (dolars per cup) Homework: HW Ch. 13 Score: 0 of 1 pt 1...
Price and cost (dolars per cup) Homework: HW Ch. 13 Score: 0 of 1 pt 1 of 40 (31 complete) HW Score: 72.29 % , 2 Concept: Short-Run Profit Maximization 1 Quest The graph to the right depicts the demand for caffe lattes at a local coffeehouse along with the average total cost and marginal cost of producing lattes Suppose the coffeehouse is in a monopolistically competitive market in the short run How many cafle lattes should this coffechouse produce...
Homework: HW Ch. 13 core: 0 of 1 pt 4 of 40 (32 complete) End of Chapter 1.10 Sally runs a vegetable stand. The fol...
Homework: HW Ch. 13 core: 0 of 1 pt 4 of 40 (32 complete) End of Chapter 1.10 Sally runs a vegetable stand. The following table shows two points on the demand curve for the heirloom tomatoes she sells Price $4.50 $325 Quantity demanded per week 100,000 200,000 Sally's marginal revenue from lowering the price of tomatoes from $4.50 to $3.25 is $ (Enter your response rounded to two decimal places)
Homework: Chapter 7 Supplement Save Score: 0 of 1 pt 1 of 7 (0 complete) HW...
Homework: Chapter 7 Supplement Save Score: 0 of 1 pt 1 of 7 (0 complete) HW Score: 0%, 0 of 7 p Problem S7.1 - Bookmatch Question Help Amy Xia's plant is designed to produce 7,000 hammers per day but is limited to making 6,000 hammers per day because of the time needed to change equipment between styles of hammers. The utilization rate for the plant -% (enter your answer as a percentage rounded to two decimal places).
Homework: Chapter 20 Homework (Micro) Score: 0 of 1 pt 9 of 12 (9 complete) HW...
Homework: Chapter 20 Homework (Micro) Score: 0 of 1 pt 9 of 12 (9 complete) HW Sco Concept Question 2.5 Scott has a weekly budget of $17, to spend on tacos and nachos. The price of tacos is $2, and the price of nachos is $3. Calculate marginal utility per dollar for each good, and use it to complete the table below. Marginal Utility MU/S, Nachos Marginal Utility MUIS, taco per period nachos nachos period tacos DBEDE
Homework: HW 1.6 Quadratic Functions Score: 0 of 1 pt Instructor-created question A company produces a...
Homework: HW 1.6 Quadratic Functions Score: 0 of 1 pt Instructor-created question A company produces a special new type of TV. The company has fixed costs of $498,000, and it costs $1100 to produce each TV. The company projects that if it charges a price of $2200 for the TV, it will be able to Save 8 of 10 (0 complete) ▼ HW Score: 0%, 0 of 10 pts Question Help * sell 850 TVs. If the company wants to...
4 of 13 (12 complete) HW Score: 84.21%, 16 of 19 pt Score: 0 of 3...
4 of 13 (12 complete) HW Score: 84.21%, 16 of 19 pt Score: 0 of 3 pts Exercise 1 Question Help 2 The data in the following table give information about the price P (in dollars) for which a firm can sell a unit of output and the total cost of production, where quantity is q, total cost is C, marginal cost is MC, total revenue is R, marginal revenue is MR, and profit is 1. Fill in the blanks...
Mays Homework: HW Ch. 13 4 Score: 0 of 1 pt Concept: Short-Run Profit Maximization 1...
Mays Homework: HW Ch. 13 4 Score: 0 of 1 pt Concept: Short-Run Profit Maximization 1 of 401 complete HWS cost and cost of The graph otherght deacts the demand for alle ore at a local coffeehouse along with the producing lattes Suppose the coffeehouse in a monopolistically competitive market in the short How many cafe latters should this cochouse produce to profits? Chwa r g ane) Q ocate per day Enter your answer in the answer box and then...
Homework 3.1 Simple Interest Score: 0 of 1 pt 16 of 17 (17 complete) HW Score:...
Homework 3.1 Simple Interest Score: 0 of 1 pt 16 of 17 (17 complete) HW Score: 70 Bus Econ 3.1.63 What is the purchase price of a 50-day T-bill with a maturity value of $1,565 that ears an annual interest rate of 6019%? (Assume a 360 day year The purchase price is $(Round to two decimal places) Ty Enter your answer in the answer box and then click Check Answer All parts showing Clear ervices x Question 17 (0/1) ere...
Econ 121, Fall 2019,6776 (Online) Homework: HW Ch. 13 Score: 0 of 1 pt 29 of 40 (27 complete) Concept: Calculate Total/Marg Revenue Suppose a monopolistically competitive firm sells a particular brand of jeans. The quantities of jeans sold per day at various prices are shown in the table below Fill in total revenue and marginal revenue in the table below (Enter your responses as integers.) OutputPrice Total Revenue Marginal Revenue $110.00 105.00 100.00 95.00 90.00 85.00 Enter your answer...
Homework: HW Ch. 13 Score: 0 of 1 pt End of Chapter 2.4 2 of 40 (31 complete) Maria manages a bakery, that specializes in ciabatta bread, and has the following information on demand and costs Ciabatta Bread Sold Per Hour (a) Price (P) $6.00 550 500 4.50 4.00 3.50 3.00 2.50 200 Total Cost (10) 2200 550 8.00 10.00 11.50 12.50 1300 14.00 16.00 a. To maximize profits, Maria should sell loaves of ciabatta bread per hour. (Enter your...
Price and cost (dolars per cup) Homework: HW Ch. 13 Score: 0 of 1 pt 1 of 40 (31 complete) HW Score: 72.29 % , 2 Concept: Short-Run Profit Maximization 1 Quest The graph to the right depicts the demand for caffe lattes at a local coffeehouse along with the average total cost and marginal cost of producing lattes Suppose the coffeehouse is in a monopolistically competitive market in the short run How many cafle lattes should this coffechouse produce...
Homework: HW Ch. 13 core: 0 of 1 pt 4 of 40 (32 complete) End of Chapter 1.10 Sally runs a vegetable stand. The following table shows two points on the demand curve for the heirloom tomatoes she sells Price $4.50 $325 Quantity demanded per week 100,000 200,000 Sally's marginal revenue from lowering the price of tomatoes from $4.50 to $3.25 is $ (Enter your response rounded to two decimal places)
Homework: Chapter 7 Supplement Save Score: 0 of 1 pt 1 of 7 (0 complete) HW Score: 0%, 0 of 7 p Problem S7.1 - Bookmatch Question Help Amy Xia's plant is designed to produce 7,000 hammers per day but is limited to making 6,000 hammers per day because of the time needed to change equipment between styles of hammers. The utilization rate for the plant -% (enter your answer as a percentage rounded to two decimal places).
Homework: Chapter 20 Homework (Micro) Score: 0 of 1 pt 9 of 12 (9 complete) HW Sco Concept Question 2.5 Scott has a weekly budget of $17, to spend on tacos and nachos. The price of tacos is $2, and the price of nachos is $3. Calculate marginal utility per dollar for each good, and use it to complete the table below. Marginal Utility MU/S, Nachos Marginal Utility MUIS, taco per period nachos nachos period tacos DBEDE
Homework: HW 1.6 Quadratic Functions Score: 0 of 1 pt Instructor-created question A company produces a special new type of TV. The company has fixed costs of $498,000, and it costs $1100 to produce each TV. The company projects that if it charges a price of $2200 for the TV, it will be able to Save 8 of 10 (0 complete) ▼ HW Score: 0%, 0 of 10 pts Question Help * sell 850 TVs. If the company wants to...
4 of 13 (12 complete) HW Score: 84.21%, 16 of 19 pt Score: 0 of 3 pts Exercise 1 Question Help 2 The data in the following table give information about the price P (in dollars) for which a firm can sell a unit of output and the total cost of production, where quantity is q, total cost is C, marginal cost is MC, total revenue is R, marginal revenue is MR, and profit is 1. Fill in the blanks...
Mays Homework: HW Ch. 13 4 Score: 0 of 1 pt Concept: Short-Run Profit Maximization 1 of 401 complete HWS cost and cost of The graph otherght deacts the demand for alle ore at a local coffeehouse along with the producing lattes Suppose the coffeehouse in a monopolistically competitive market in the short How many cafe latters should this cochouse produce to profits? Chwa r g ane) Q ocate per day Enter your answer in the answer box and then...
Homework 3.1 Simple Interest Score: 0 of 1 pt 16 of 17 (17 complete) HW Score: 70 Bus Econ 3.1.63 What is the purchase price of a 50-day T-bill with a maturity value of $1,565 that ears an annual interest rate of 6019%? (Assume a 360 day year The purchase price is $(Round to two decimal places) Ty Enter your answer in the answer box and then click Check Answer All parts showing Clear ervices x Question 17 (0/1) ere...
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