QUES TION 1 Use the Figure for the question(s) below Glzmos45 0.40 25 20 16 10...
Use the Figure for the question(s) below 1e 92. 10 0 10 20 050 0 70 O 90 Combination B (75 Widgets, 30 Gizmos) o a can never be preferred to combination C (92 Widgetsb is of no importance to sconomi D c ls unattainable with currentd represents a 10 Gizmos) O e is poitically achievable resources recession
Use the Figure for the question(s) below Glamos 45 0, 40 35 30 25 20 15 . 10 45.30 76,30 e45, 20 75.20 0 10 20 30 40 50 60 7o 80 90 100 110 Widgets In the figure above, the opportunity cost of Gizmos is @ a 75 Widgets. O b 100 Widgets с 20 widgets @ d 10 Widgets. U. Cannot be calculated without knowing where the economy is along the pPF
Question 4 Figure 2-16 120 110+ A 100 C 90 D 80 70 60 50 40 30 20 10 10 20 30 40 60 60 70 80 90 100 Widgets Refer to Figure 2-16. The opportunity cost of obtaining approximately 20 additional gadgets by moving from point B to point C is O 0 widgets. 10 widgets. 20 widgets none of the above; the economy cannot move from pointB to point C.
1. Use the figure below to answer the following true/false
questions (Explain why the answer is true or false): e. Total fixed
costs for this firm are roughly $100. f. If market price is $15,
the firm sells 80 units and makes a normal profit. What is the
output that maximizes the firm’s profit?
MC ATC 冽) AVC 15 8 10 10 20 30 4050 60 70 80 90 100 Output し50 し20 5 0 2
Question 29 12 pts Below is the graph of a monopoly firm. Use the graph to answer the following Questions. 110 100 90 - 1 N 80 70 60 COST 50 - 40 30 20 10 D MR - 1 60 25 35 55 45 50 OUTPUT Curve 1 should be labeled Curve 2 should be labeled Firms maximize profit where The profit maximizing price for the firm is while the profit maximizing output for the firm is (approximations are...
QUESTION 25 Figure: The figure below indicates a tax size of AB. 1 Price + Supply + + Demand + + + + + + + + + + 5 10 15 20 25 30 35 40 45 50 55 60 Quantity Refer to Figure 8-7. Which of the following statements is true about tax incidence? a. Buyers pays less tax then the sellers b. Buyers and sellers share the same burden of tax. C. Buyers and sellers both will...
8. A second order lag process has a resonant frequency, (o, of 10 rad/sec, a damping ratio of 0.1, and a steady state gain, G, of 1. Use the Bode diagram in figure given to determine the gain, m, in decibel, and the phase angle B, in degrees for the following values of the radiant frequency. Convert your decibel gain values, m, to ordinary gain values, g. (a) 0.1 rad/s, (b) 10 rad/s. 20 10 ζ-0.5 2.0 10 () ζ-20.0...
05 0 5 10 15 20 25 30 35 40 45 50 55 0 70 Time (sec) 7. The above figure displays the time response of a seismometer due to a step input of 0.1 cm. (a) If the system is either first- or second-order system, find the system model? (ustify your results) (b) If the input is 0.5sin0.1t, find the steady state output of the seismometer (c) Determine the useful frequency range of this sensor (+5%)
05 0 5...
P (S) 50 45 40 35 25 20 15 10 o 20 30 40 50 60 70 80 90 100 110 120 130 140 15o -5 -10 Suppose that there are 5 people with identical preferences around a pure public good. For each individual (i e (1,2,3, 4, 5)) the Private Marginal Benefit (PMB.) from a pure public good is given by PMB, 10-0.1G, where G is the quantity of the pure public good. 1. Draw the Private Marginal Benefit...
what are the answers to these questions?
Use the graph below to answer questions 5-10. It represents the market for flu-shots, a good that produces a sizable positive externality, | 55 52.5 ។ 50 47.5 45 ។ 42.5 | | 40 37.5 351 32.5 ។ ង 30 | E. 27.5 ។ 25 22.5 + 20 ។ 17.5 ។ 15 12.5 D social 9 2.5 ។ | 0 5 10 15 20 25 30 35 40 45 50 55 60 65...