Area of triangle = (1/2)(65,000-40,000)(50-25)
= (0.5)(25,000)(25)
= $ 312,500
Homework: Chapter 1 Score: 0 of 1 pt Concept: Area of a Triangle Homework 24 of...
Score: 0 of 1 pt 37 of 41 (38 complete) HW Score: 92.68%, 38 Concept: Slope Question H The diagram to the right shows a hypothetical demand curve for apples. The slope of this curve is(Enter your response rounded to two decimal places, Include a minus sign if appropriate.) Demand Curve for Apples 100.00 90 80 70 60.00 50.00 40 30.00 20.00 10 10 20 30 40 50 60 70 80 90 100o Quantity (bushels per week)
This Question: 4 pts Question Help The diagram to the right illustrates a hypothetical demand curve representing the relationship between price in dollars per unit) and quantity (in 1.000s of units per unit of time). Total revenue is $ (Enter your response as an integer.) Price (dollars per unit) 10 20 30 40 50 60 70 80 90 100 Quantity (1,000s of units per unit of time) Enter your answer in the answer box
Score: 0 of 1 pt 4 of 24 ( complete HW Score: 22 2296, 5.33 of 24 pts 2.1.14 Question Help The following data show the ages of recent award-winning male actors at the time when they won their award. Make a frequency table for the data, using bins of 20-20, 30-39, and so on. m Click the icon to view the ages of male actors Complete the table below. Age No. of actors 20-29 30-39 40-49 50-59 Data Table...
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: Chapter 11 Homework Score: 0 of 1 pt Concept: Graph Average Cost 19 of 20 (19 complete) HW Sco Consider the production of slices of pizza. The average total cost (ATC) and average fixed cost (AFC) of producing slices of pizza are illustrated in the graph to the right. ATC Use the four-point curve drawing tool to graph the average variable cost of producing one, two, three, and four thousand slices of pizza. Properly label this curve. Carefully follow...
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: ASSESS Chapter 11 Homework b Econom Score: 0 of 1 pt 3 of 26 (3 complete) X Concept: Implicit Costs Menu HW Score: 769 gnments Homework Charles has decided to open a lawn mowing company. To do so, he purchases mowing equipment for $6.000, buys gasoline 51 50 in required to me and pays helper $20.00 per yard. Prior to opening the lawn company, Charles eamed $4.000 as a lifeguard at the neighborhood s p ol. Assume used to...
Homework: Homework 1 - Chapter 2 Score: 0 ol 1 pt Concept Question 4.1 12 of 15 (11 c HYy Score: 5667%, 8 5 of 15 EQuestion Help A minor league baseball team raised the average price of its tickets from $8 to $8 60 and found that average attendance at its answer as a real number rounded to two decimal places. Don forgel the negative sign) 1 part
Homework: HW-CH16 Score: 0 of 1 pt Problem 16.2 2 of 4 (1 complete) Given the following information about a product, at Michael Gibson's firm, what is the appropriate setup time? Setup labor cost$30.00 per hour Annual holding cost $29 per unit Daily production Annual demand Desired lot size 1,200 units/day 42,000 (280 days each xdaily demand of 150 units) 300 units Setup time-□ minutes (round your response to two decimal places).
Homework: Assignment 3 Save Score: 0.25 of 1 pt 4 of 10 (10 complete) HW Score: 80%, 8 of 10 pts Concept Question 5.4 Question Help Consider a market with network externalities, where demand is Q 100 1P. Let price initially be $40, where current demand without network externalities would be Q1 80.00-0.50P Suppose the price falls to $30, where demand without network externalities would be Q2 =85.00 0.50P With network externalities, the price change increases the quantity demanded by...