Answer only, No explanation needed
Homework Answers
Add Answer to:
Answer only, No explanation needed
HW7 010 Homework • Unanswered Price Quantity Refer to HW7 Q9....
Answer only, No explanation needed HW7 Q5 Homework • Unanswered Accountants tell a franchise owner that...
Answer only, No explanation needed
HW7 Q5 Homework • Unanswered Accountants tell a franchise owner that she earned $50,000 in profits last year. The owner knows that most of her business acquaintances earned at least $70,000 in profits in comparable franchises. Which of the following is true? Her firm earned an economic O A Profit of $50,000 o B Profit of $20,000 O c Loss of $20,000 0 D Loss of $70,000 @ HW7Q9 HW7 Q9 Homework. Unanswered Price Quantity...
16.5 Homework • Unanswered The firm is a monopsonist in the labor market and a price...
16.5 Homework • Unanswered The firm is a monopsonist in the labor market and a price taker in the output market. Labor demand is LP = 12 (i.e. every worker has a constant MRP of 12). Labor supply is (w) = vw. The government imposes a per-unit subsidy on labor of s=6. What is the effective wage received by the workers in this economy? Enter a number only. Numeric Answer:
ple Unanswered QUESTIONS. 1 POINT At 120 units of output, marginal revenue is $7, marginal cost...
ple Unanswered QUESTIONS. 1 POINT At 120 units of output, marginal revenue is $7, marginal cost is $7, and average cost is $6. If consumers demand 120 units of output when the price is $10, what is the expected profit? Provide your answer below: D FEEDBACK Content attribution QUESTION O.1 POINT The table below shows costs and revenues for a monopoly firm. What is this monopolist's profit-maximizing price? Quantity Price Marginal Revenue Marginal Cost Average Cost (P) (MR) (MC) (AC)...
17.6 Homework • Unanswered Firms can 3rd degree price discriminate. Each group's demand is given by...
17.6 Homework • Unanswered Firms can 3rd degree price discriminate. Each group's demand is given by Pa = 150 — Xaand PB = 100 – 2XB and a firm cost function C(x) = x². What is the price in market A? Enter a number only. Numeric Answer:
please answer all questions! Figure 15-6 Price $20+ Marginal Cost 100 150 200 Quantity Marginal Revenue...
please answer all questions!
Figure 15-6 Price $20+ Marginal Cost 100 150 200 Quantity Marginal Revenue Refer to Figure 15-6. What is the deadweight loss caused by a profit-maximizing monopoly? O O $150 $200 $250 Os300 A monopolist faces market demand given by P - 60 - Q. For this market, MR = 90 - 2Q and MC - Q. What price will the monopolist charge in order to maximize profits? O $20 O $30 O so Osso In Canada,...
Understanding Excess Capacity Homework (Ch 16) Quantity (Board games) Total Cost Marginal Cost (Dollars) (Dollars) Price...
Understanding Excess Capacity
Homework (Ch 16) Quantity (Board games) Total Cost Marginal Cost (Dollars) (Dollars) Price (Dollars per game) 12.00 10.00 Total Revenue (Dollars) Marginal Revenue (Dollars) Average Total Cost (Dollars) 9.00 4.00 2.00 1.00 AAAAA Under monopolistic competition, a typical firm will produce board games at a price of $ per board game in the short run. Based on your calculations, the firm will Fill in the Average Total Cost column in the previous table. Based on your calculations,...
Economics 242 ce HW#6 Nov. 2.019 Price (5) 200 300 Quantity 350 MR Answer questions 1...
Economics 242 ce HW#6 Nov. 2.019 Price (5) 200 300 Quantity 350 MR Answer questions 1 - 5 from the Figure above. 1. Identify the output level this firm will produce 2. At this output level what is the price? 3. At this output level calculate total revenue 4. At this output level, calculate total profit or loss 5. At this output level, calculate unit profit or loss Quantity Sold A Monopoly Firm Price Marginal per Unit Revenue SO Marginal...
Table 2 Shows Media Cable’s demand table, total revenue, and marginal revenue at each price. Why,...
Table 2 Shows Media Cable’s demand table, total revenue, and marginal revenue at each price. Why, at any price lower than $130, is the marginal revenue from an additional sale less than the price? Table 2 Price Amount Demanded Total Revenue Marginal Revenue $160 0 $0 n/a $130 90 $11,700 $130.00 $100 200 $20,000 $75.45 $80 350 $28,000 $53.33 $40 600 $24,000 -$16.00 $0 850 $0 -$96 .00 Question 5 options: a) Lowering the price means that Media Cable lowers...
Homework (Ch 15) Consider the daily market for hot dogs in a small city. Suppose that...
Homework (Ch 15) Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium with many hot dog stands in the city, each one selling the same kind of hot dogs. Therefore, each vendor is a price taker and possesses no market power MC) curves in the market for hot dogs The following graph shows the demand (D) and supply (S Place the black point (plus symbol) on the graph to...
Answer only, No explanation needed
HW7 Q5 Homework • Unanswered Accountants tell a franchise owner that she earned $50,000 in profits last year. The owner knows that most of her business acquaintances earned at least $70,000 in profits in comparable franchises. Which of the following is true? Her firm earned an economic O A Profit of $50,000 o B Profit of $20,000 O c Loss of $20,000 0 D Loss of $70,000 @ HW7Q9 HW7 Q9 Homework. Unanswered Price Quantity...
16.5 Homework • Unanswered The firm is a monopsonist in the labor market and a price taker in the output market. Labor demand is LP = 12 (i.e. every worker has a constant MRP of 12). Labor supply is (w) = vw. The government imposes a per-unit subsidy on labor of s=6. What is the effective wage received by the workers in this economy? Enter a number only. Numeric Answer:
ple Unanswered QUESTIONS. 1 POINT At 120 units of output, marginal revenue is $7, marginal cost is $7, and average cost is $6. If consumers demand 120 units of output when the price is $10, what is the expected profit? Provide your answer below: D FEEDBACK Content attribution QUESTION O.1 POINT The table below shows costs and revenues for a monopoly firm. What is this monopolist's profit-maximizing price? Quantity Price Marginal Revenue Marginal Cost Average Cost (P) (MR) (MC) (AC)...
17.6 Homework • Unanswered Firms can 3rd degree price discriminate. Each group's demand is given by Pa = 150 — Xaand PB = 100 – 2XB and a firm cost function C(x) = x². What is the price in market A? Enter a number only. Numeric Answer:
please answer all questions!
Figure 15-6 Price $20+ Marginal Cost 100 150 200 Quantity Marginal Revenue Refer to Figure 15-6. What is the deadweight loss caused by a profit-maximizing monopoly? O O $150 $200 $250 Os300 A monopolist faces market demand given by P - 60 - Q. For this market, MR = 90 - 2Q and MC - Q. What price will the monopolist charge in order to maximize profits? O $20 O $30 O so Osso In Canada,...
Understanding Excess Capacity
Homework (Ch 16) Quantity (Board games) Total Cost Marginal Cost (Dollars) (Dollars) Price (Dollars per game) 12.00 10.00 Total Revenue (Dollars) Marginal Revenue (Dollars) Average Total Cost (Dollars) 9.00 4.00 2.00 1.00 AAAAA Under monopolistic competition, a typical firm will produce board games at a price of $ per board game in the short run. Based on your calculations, the firm will Fill in the Average Total Cost column in the previous table. Based on your calculations,...
Economics 242 ce HW#6 Nov. 2.019 Price (5) 200 300 Quantity 350 MR Answer questions 1 - 5 from the Figure above. 1. Identify the output level this firm will produce 2. At this output level what is the price? 3. At this output level calculate total revenue 4. At this output level, calculate total profit or loss 5. At this output level, calculate unit profit or loss Quantity Sold A Monopoly Firm Price Marginal per Unit Revenue SO Marginal...
Homework (Ch 15) Consider the daily market for hot dogs in a small city. Suppose that this market is in long-run competitive equilibrium with many hot dog stands in the city, each one selling the same kind of hot dogs. Therefore, each vendor is a price taker and possesses no market power MC) curves in the market for hot dogs The following graph shows the demand (D) and supply (S Place the black point (plus symbol) on the graph to...
Most questions answered within 3 hours.
-
Predict the impact of high unemployment on the number and nature
of entrepreneurial startups. Speculate whether...
asked 1 minute ago -
Suppose there is a duopoly of two identical firms, A and B,
facing a market inverse...
asked 14 minutes ago -
A camera with a lens diameter D = 3 mm and a focal length of f...
asked 22 minutes ago -
8. A drug company has a monopoly on a new class of
corticosteroid. The market demand...
asked 39 minutes ago -
Is dividing a government a good or bad thing? How can this
problem be fixed? What...
asked 32 minutes ago -
You need to implement a queue based on the doubly linked list.
(In C++) **PLEASE follow...
asked 34 minutes ago -
The pulse rates of
176176
randomly selected adult males vary from a low of
4242
bpm...
asked 47 minutes ago -
Projecting the financial performance and requirements for the
venture is related to the major milestones. It...
asked 49 minutes ago -
Can you all give me an example of a good organizational
alliance. Please explain why you...
asked 51 minutes ago -
A mother nags her son daily to do his household chores. One day
he decides to...
asked 1 hour ago -
A pore of a K+ channel has the diameter of about 5.5
angstroms, and this channel is...
asked 1 hour ago -
Let's say that the median income for someone with an associate’s
degree is about $10,800 higher...
asked 1 hour ago