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3. Giovanni Briganti, the owner of "Picante Tomatoes" sells 600 kg of tomatoes at a price of $2 per kilogram. He finds that he can increase his revenue to $1296 when he sells another 48 kg. • Calculate total revenue, average revenue, and marginal revenue
Q1) Using AW method compare between the following alternatives: (6 marks) Alt. F.C. Operating and Income at the Annual S.V. Useful life i. maintenance nd end of 2 year Income А 35000 0 3500 2800 7000 8 8% B 32000 1500 4700 2500 0 8%
Paragraph Question B1 A simple economics system consists of firm and household. Discuss the circular flow of money in this simple economic system. Factor Payments Households Bosiness Fire Corsumption Exponature Fig. 6.1. Circular Flow of Income in a Simpl
An increase in government spending drives up or increases the private sector investment ." Explain this phenomenon using IS-LM model and evaluate its impact on AD-AS if any
What is Germanys GDP? Has Germanys GDP grown or declined over the five years? What is the GDP/Capita of Germany? Has this grown or declined over the past five years (line graph)? Compare GDP/GDP growth rate/GDP per capita of Germany with that of the U
6. According to Prof Martin “An increase in government spending drives up or increases the private sector investment.” Explain this phenomenon using IS-LM model and evaluate its impact on AD-AS if any? (10 marks)
2. Assume a Hyundai dealership in Delhi bought 30 Hyundais from Korea at a cost of $15,000 per car in September of 2018. By December 31, 2019 they had sold 20 of the Hyundais at a price of $18,000 each. The remaining Hyundais were sold in January of 2020
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 ma
Monopolies are socially inefficient because the price they charge is equal to marginal revenue. above marginal cost. equal to demand above demand.
The graph is below. 6. Refer to Figure 15-6. What area measures the monopolist’s profit? (K-C)*W (L-A)*T (K-B)*W 0.5[(K-C)*(Z-T)] download?verifier=kMtVtwZuG9vNA64o3Itl3r 20. Scenario 15-3 A monopoly firm maximizes its profit by producing Q = 500
Suppose a monopolist is able to charge each customer a price equal to that customer’s willingness-to-pay for the product. Then the monopolist is engaging in Question options: 1) arbitrage pricing. 2) voodoo economics. 3) perfect price discrimination.
eferring to the figure, what price will the monopolist charge? A. L B. C C. A D. J E. K Referring to the figure, what area measures the monopolist’s profit? A. (L-A)*T
Suppose a drug patent expires. The market consequences of this are? (i) the price will increase (ii) the price will converge to the marginal cost (iii) the quantity sold will increase : (i) and (ii) (ii) and (iii) (i) and (iii) (i), (ii) and (iii)
5. How the tax system changes the distribution of income among capitalists, labourers, and landlords in referred to as A. balanced-budget incidence. B. size distribution of income. C. proportional distribution of income. D. functional distribution of inco
A) Assume that the graph below is the labor market. Identify curves 1 and 2 and each axis. (5pts) B) Imagine that there is a large decline in stock prices, reducing aggregate wealth and triggering fears of a potential recession. Referencing the graph abo
Question 11 44 pts Assume that an economy produces only three goods; Computers, cars, and pizza. Table 1 gives the price and quantity for each good and the number of employed and unemployed individuals for the years 2017-2020. Table 2 gives the fixed bask
Assume that an economy produces only three goods; Computers, cars, and pizza. Table 1 gives the price and quantity for each good and the number of employed and unemployed individuals for the years 2010-2013. Table 2 gives the fixed basket used for calcula
Write a reflective paper describing your leadership style and skills. Reflect on what you have learned throughout the course, and think about how you can use this knowledge to further your career. Use the results of your self-assessments, leadership map,
Choose the CORRECT statement in relation to income elasticity of demand: It is the rate of responsiveness of the quantity demanded to change in price : It is the rate of responsiveness of the quantity demanded to change in income : It is the rate of re
choose the correct answer 21\ Identify which one of the following changes in supply curve occurs when there is an increase in price of product: A\ Increase in supply B\ Extension in supply C\ Decrease in supply D\ Contraction in supply
The price of Fruits in a market is RO 5 per Kg and the demand is 400Kgs. When price decreased to RO 4 per Kg, then the demand changed to 520 Kgs. What will be the price elasticity of demand?
41-Oman National Engineering & Investment Co. (S.A.O.G) is trying to create market for its product. Which one of the following to be incurred by the company in this situation? Monopolistic competitionOligopoly marketPerfect competitionMonopoly market Qu
11-“Salary should be increased as there is an increase in cost of living”. This is an example of: Scientific statementNormative statementPositive statementNegative statement Question 12 In the monopolistic market it is observed that a differentiated pr
What is the difference between simple correlation and multiple correlations?
Question 7 If the nominal interest rate is 2%, and if prices decrease by 1%, then the real rate of interest is approximately: a) 1% b) 2% c) 3% d) 4% e) None of the above.
Assume the table below reflects the purchases of an average consumer in Bangladesh. (These consumers purchase only Internet service and smartphones.) Suppose 2018 is the base period. Using information from the table: 2018 Item Quantity Price Internet serv
List and describe at least 5 different dangers / disadvantages of ineffective communication for any organization.
Q1 = (4310/22) - (P1/22) Q2 = (5021/17) - (P2/17) TC = 760 + 14Q1 + 32Q2 Form the profit equation, π and solve for the critical values. (a) What is the critical value of Q1? (b) What is the critical value of Q2? (c) What is the value of |H2|? (d) W
Examine the influence of groups on consumer behavior. What social media marketing strategies can brands use to effectively promote their products? Essay Discuss the role of attitudes in consumer behavior. Explore the communications strategies that firms
anyone help please asap....
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