The answer to this question is 4. you are more likely to run out of product then have some left over as you can see here that the Blue area is under towards decreasing side of expected demand so we can conclude that the Blue area is less than expected demand which means that the supply are less than the demand.
The answer is correct please give a thumbs up.
In the picture below, what can you infer? Note: we are going to order according to...
Table: Demand and Total Cost Table: Demand and Total Cost Quantity Price per (megawatts) Megawatt Total Cost $550 $1.000 500 1.075 450 1.200 1.375 350 1.600 300 1.875 250 2200 2.575 400 200 Use Table: Demand and Total Cost. Lenoia runs a natural monopoly firm producing electricity for a small mountain village. The table shows Lenoia's demand and total cost of producing electricity. The profit-maximizing quantity of electricity for her to produce is megawatts. O2 os Figure: The Monopolist Price,...
15. Which of the following is a true statement about the difference between a price-taker firm and a competitive price-searcher firm in the long run (more than one answer is correct)? a. Both will sell their products at a price equal to average total cost, but only the price-searcher will produce at minimum average total cost. b. Both will sell their products at a price equal to marginal cost, and only the competitive price searcher will produce at minimum average...
You are performing a rightfupper)-tailed test of a population mean and is not known. A sample of 26 is taken, and Pands are computed. At a signifiance of 0.01, where would you look for the critical value? Select one: O AZ table where the 0.99 of the area is to the left of the Z value. O B.Z table where 0.98 of the area is to the left of the Z value. O Cttable where, with 25 degrees of freedom,...
For example, if your answer is 23.24%, you should enter .23 in the box below. What is the probability that you will sell more than 3 cakes in a week? At the bagel shop, you have some cakes that you sell that are pretty slow movers. The chocolate cake, for example, only sells on average 2.5 cakes per week. You have noticed that the demand follows a Poisson distribution.
Overview In this exercise you are going to recreate the classic game of hangman. Your program will randomly pick from a pool of words for the user who will guess letters in order to figure out the word. The user will have a limited number of wrong guesses to complete the puzzle or lose the round. Though if the user answers before running out of wrong answers, they win. Requirements Rules The program will use 10 to 15 words as...
Suppose that we didn't drop the missing incomes. What will
running df['income'].mean() output
Please answer question 2C and 2D.
Thank you!
Question 2c: Note that we can now compute the average income. If your df variable contains the right values, dfl'income' ].mean the value 25474.07 should produce Suppose that we didn't drop the missing incomes. What will running dfI'income'.mean ) output? Use the variable q2c_answer to record which of the below statements you think is true. As usual, you can...
What can predict how much a motion picture will make? Data on a
number of recent releases that includes the Gross ($M), the
Budget ($M), the Run Time (minutes), and the average number of
Stars awarded by reviewers was collected and a regression model was
created to predict Gross. Use the computer output given below to
complete parts a through d.
c) What null hypothesis can you test with it?
A.
Upper H 0H0:
beta Subscript BudgetβBudgetequals=beta Subscript Run TimeβRun...
What can predict how much a motion picture will make? The statistics computed below use data from a number of recent releases that includes the USGross (in S), the Budget ($), the Run Time (minutes), and the average number of stars awarded by reviewers. Complete parts a and b below. 囲 Click the icon to view a subsample of data on recent movie releases. l Click the icon to view the regression statistics. a) What is the R2 for this...
Now that you have studied monopolistic competition, let's see how well you can distinguish a firm in a monopolistically competitive market from a firm in a perfectly competitive market. Given the description of the firm below, decide whether it applies to monopolistic competition, perfect competition, or both. You may have to adjust the scroll bar to see the complete list.Items (9 items) (Drag and drop into the appropriate area below)a firm that may earn an economic profit or loss in the short...
Could someone take note for me from this paragraph with
explantation . Thank you in advance
-80 PART 1 MICII Analysis a 2006 en less price por search The Influence of Price Elasticity on Managerial Decision Making Price elasticity of demand is an extremely important concept for a firm becs tells managers what will happen to revenues if the price of a product chandelt can also help firms develop a pricing strategy that will maximize their profits The demand for...