Homework Answers
There can be many reasons so as to why firms engage in the activity of production. But the primary objective of a firm is to acquire profits. Any firm enters the market because it wants to earn maximum profits.
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14) Why do firms engage in the activity of production? A) To help society advance...
plesse answer only the odd numbers Principles of Macroeconomics Chapter 3 Demand, Supply, and Market Equilibrium...
plesse answer only the odd numbers
Principles of Macroeconomics Chapter 3 Demand, Supply, and Market Equilibrium 3.1 Firms and Households: The Basic Decision-Making Units 1) Michael Dell was the first individual who sold computers by mail order. The company founded by Dell companies in the United States. Michael Dell is now one of the largest and most successful computer would be classified as a(n) A) entrepreneur B) opportunist C) monopolist. D) socialist. 2) Firms are organizations that A) take advantage...
18) An advance in production technology will O A. increase a firm's costs O B. firms...
18) An advance in production technology will O A. increase a firm's costs O B. firms to raise the price of their product O C. shift the supply curve to the right O D. Both A and B are correct 19) The equilibrium price would be * PRICE $10 QUANTITY DEMANDED 10 20 QUANTITY SUPPLIED 60 45 30 30 40 $2 SO O A.S4 O B. $6 O C. $8 O D. $10
Help with #2 please. 2. Which explains why individual firms under pure competition would not find...
Help with #2 please.
2. Which explains why individual firms under pure competition would not find it beneficial to advertise their product? A. Firms produce a standardized/homogeneous product. B. The quantity of the product demanded is very large. C. The market demand curve cannot be increased. D. Firms do not make long-run profits.
Disequilibrium occurs in the multiplier model when: 0 A, planned expenditures do not exactly equal production....
Disequilibrium occurs in the multiplier model when: 0 A, planned expenditures do not exactly equal production. B. planned expenditures equal production. C. the income saved by households is made available to firms for investment. D. withdrawals from the circular flow equal injections.
Use the production possiblties table for TVs and Melons to answer the following questions. Production Alternative...
Use the production possiblties table for TVs and Melons to answer the following questions. Production Alternative (Pre-training A B C D 10 9 6 0 TVs Melons 1. Su ppose the government decides to enact a worker training program focused on melon production. As a result of the program, melon production increases by 200%, what is the new production possibilities table? Hint multiply the melon numbers above by 3. Production Alternative (Post-training) A, 10 9 1 D, B' C, IVs...
I need help with question 24. The answer is D. Thanks for any help in advance....
I need help with question 24. The answer is D. Thanks
for any help in advance.
pie A) the stimulation of translation by initiation factors. B) a post-transcriptional mechanism to regulate mRNA C) transcriptional control of gene expression. (D) post-translational control that activates certain proteins. E) a eukaryotic equivalent of prokaryotic promoter functioning. 24) If you were to observe the activity of methylated DNA, you would expect it to Al be unwinding in preparation for protein synthesis. B) induce protein...
I need help with question 25. The answer is D. Thanks for any help in advance....
I need help with question 25. The answer is D. Thanks
for any help in advance.
DJ M ule protein synthesis by not allowing repressors to bind to it. C) be very actively transcribed and translated. D) have turned off or slowed down the process of transcription E) be replicating nearly continuously. 25) Alternative RNA splicing Al is a mechanism for increasing the rate of transcription. B) is due to the presence or absence of particular snRNPs. C)) can allow...
I need help with D,E,F,G thanks in advance (Please only answer if you know) 2. ....
I need help with D,E,F,G thanks in advance
(Please only answer if you know)
2. . Use the data provided in the below table to construct a production possibilit A Type of Product Wine Beer Production Alteratives, in millions of bar B C I DE 2 6 I 8 12 9 5 0 0 14 - + 7.5 Ø 10.5 z 13.5 15 6. What is the opportunity cost of producing 8 million barrels of wine? c. What is the...
14) Money Resource (Factor) Market production income Factors of v Businesses Households Product Market expenditures Consumption...
14) Money Resource (Factor) Market production income Factors of v Businesses Households Product Market expenditures Consumption Use this circular flow diagram illustrating the roles of businesses and individuals in both the product and resource markets to answer any questions that follow, Arrow IV represents the flow of which three things? A investment, credit, and capital Product Market expenditures Consumption Use this circular flow diagram illustrating the roles of businesses and individuals in both the pr resource markets to answer any...
Industry Firm МС P So АТСC S1 b 18 -P1=MR1 14.2 14 Po=MRo 9.6 Do Q...
Industry Firm МС P So АТСC S1 b 18 -P1=MR1 14.2 14 Po=MRo 9.6 Do Q 10 20 24 800 900 1,000 Answer the following questions based off of the graphs above, which depict a perfectly competitive industry and firm: If the industry or market is in equilibrium at point C, where will the firm choose to operate and what are the economic profits (losses) at that point? Why did the economic profits (losses) change compared to when the market...
plesse answer only the odd numbers
Principles of Macroeconomics Chapter 3 Demand, Supply, and Market Equilibrium 3.1 Firms and Households: The Basic Decision-Making Units 1) Michael Dell was the first individual who sold computers by mail order. The company founded by Dell companies in the United States. Michael Dell is now one of the largest and most successful computer would be classified as a(n) A) entrepreneur B) opportunist C) monopolist. D) socialist. 2) Firms are organizations that A) take advantage...
18) An advance in production technology will O A. increase a firm's costs O B. firms to raise the price of their product O C. shift the supply curve to the right O D. Both A and B are correct 19) The equilibrium price would be * PRICE $10 QUANTITY DEMANDED 10 20 QUANTITY SUPPLIED 60 45 30 30 40 $2 SO O A.S4 O B. $6 O C. $8 O D. $10
Help with #2 please.
2. Which explains why individual firms under pure competition would not find it beneficial to advertise their product? A. Firms produce a standardized/homogeneous product. B. The quantity of the product demanded is very large. C. The market demand curve cannot be increased. D. Firms do not make long-run profits.
Disequilibrium occurs in the multiplier model when: 0 A, planned expenditures do not exactly equal production. B. planned expenditures equal production. C. the income saved by households is made available to firms for investment. D. withdrawals from the circular flow equal injections.
Use the production possiblties table for TVs and Melons to answer the following questions. Production Alternative (Pre-training A B C D 10 9 6 0 TVs Melons 1. Su ppose the government decides to enact a worker training program focused on melon production. As a result of the program, melon production increases by 200%, what is the new production possibilities table? Hint multiply the melon numbers above by 3. Production Alternative (Post-training) A, 10 9 1 D, B' C, IVs...
I need help with question 24. The answer is D. Thanks
for any help in advance.
pie A) the stimulation of translation by initiation factors. B) a post-transcriptional mechanism to regulate mRNA C) transcriptional control of gene expression. (D) post-translational control that activates certain proteins. E) a eukaryotic equivalent of prokaryotic promoter functioning. 24) If you were to observe the activity of methylated DNA, you would expect it to Al be unwinding in preparation for protein synthesis. B) induce protein...
I need help with question 25. The answer is D. Thanks
for any help in advance.
DJ M ule protein synthesis by not allowing repressors to bind to it. C) be very actively transcribed and translated. D) have turned off or slowed down the process of transcription E) be replicating nearly continuously. 25) Alternative RNA splicing Al is a mechanism for increasing the rate of transcription. B) is due to the presence or absence of particular snRNPs. C)) can allow...
I need help with D,E,F,G thanks in advance
(Please only answer if you know)
2. . Use the data provided in the below table to construct a production possibilit A Type of Product Wine Beer Production Alteratives, in millions of bar B C I DE 2 6 I 8 12 9 5 0 0 14 - + 7.5 Ø 10.5 z 13.5 15 6. What is the opportunity cost of producing 8 million barrels of wine? c. What is the...
14) Money Resource (Factor) Market production income Factors of v Businesses Households Product Market expenditures Consumption Use this circular flow diagram illustrating the roles of businesses and individuals in both the product and resource markets to answer any questions that follow, Arrow IV represents the flow of which three things? A investment, credit, and capital Product Market expenditures Consumption Use this circular flow diagram illustrating the roles of businesses and individuals in both the pr resource markets to answer any...
Industry Firm МС P So АТСC S1 b 18 -P1=MR1 14.2 14 Po=MRo 9.6 Do Q 10 20 24 800 900 1,000 Answer the following questions based off of the graphs above, which depict a perfectly competitive industry and firm: If the industry or market is in equilibrium at point C, where will the firm choose to operate and what are the economic profits (losses) at that point? Why did the economic profits (losses) change compared to when the market...
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