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A: Below are the formula for the TR and profit: TR = Price x Quantity Profit = TR - Total Cost
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A: It is given that Per unit price is $30
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A: As shown in diagram At price $35 Quantity demanded = 200 units Quantity Supplied = 600 units
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A: GDP deflator measures the price of output relative to its price in the base year.
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A: Since you have posted a question with multiple sub parts, we will solve first three sub parts for…
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Q: ATC Avc K FOR EACH DAGRAM, FIND R 1.Quantity Hi 2. Prce IN 3. TR 4. Cost per unit 5 TC A 13 E F
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A: Nominal GDP measures the market value of goods and services using current level of prices.
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A: "Since you have asked multiple questions, we will solve first question for you .. If you want any…
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Q: What is total revenue if price and quantity and $5 and 20 units
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Q: a. $30 b. $60 c. $100 d. $75 Price $10
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- ASAP DECİSİON RULE FOR UTİLİTY MAXİMİZATİON As I understand we choose the good which has higher marginal utility per dollar . BUT MY QUESTİON İs that What if our budget is not end up and the marginal utility per dollar is same for both good What should we do at that point? PLEASE ANSWER MY QUESTİON DONT GİVE CLLASİC DEFİNİTİONYou have an 8:30 class this morning but you are feeling extremely tired. How do you decide whether toget some extra sleep or go to class?Jeremy is deeply in love with Jasmine. Jasmine lives where cell phone coverage is poor, so he can either call her on the land-line phone for five cents per minute or he can drive to see her, at a round—trip cost of 2 in gasoline money. He has a total of 10 per week to spend on staying in touch. To make his preferred choice, Jeremy uses a handy utilimometer that measures his total utility from personal visits and from phone minutes. Using the values in Table 6.6, figure out the points 011 Jeremys consumption choice budget constraint (it may be helpful to do a sketch) and identify his utility-maximizing point.
- Think back to a purchase that you made recently. How would you describe your thinking before you made that purchase?Who determines how much utility an individual will receive from consuming a good?DmISIIng Margifal Otmty n. TOTAL AND MARGINAL UTILITY Reset E UTILITY CALCULATIONS Total Utility Quantity Consumed Total Marginal Utility 70 Utility 60 50 22 40 1 22 30 18 20 40 10 14 2 3 4 54 Quantity Consumed 10 Marginal Utility 4 64 20 6. 10 70 3. 6. -10 6. 72 -20 -2 7 70 Quantity Consumed Quantity Consumed -6 8. 64 8 Prev 1 of 3 Score answer > ...
- . TOTAL AND MARGINAL UTILITY E UTILITY CALCULATIONS Reset Total Utility Quantity Consumed Total Marginal Utility 70 Utility 60 50 22 40 1 22 30 18 20 2 40 10 14 3 4 6 8 3 54 Quantity Consumed Marginal Utility 10 20 4 64 6. 10 70 4 6. -10 72 -20 -2 Quantity Consumed 70 Quantity Consumed -6 8 64 2. 4 6 8What offect would an increase in the cost of materials used to produce cars have on the supply of cans? O Increase O DecreaseAfter analyzing the demand for his products, Ahmed realized that the demand for his products is inelastic. This means that, O a. the demand for his products are sensitive to price changes O b. it is not advisable to increase his price O c. the demand for his products are weak O d. it is fine to increase his price
- Price per arginal Utility Fron Current Consumption Product Unit $ 10 20 20 30 The table shows the marginal utite derived trom curent consumpton leves of three new products. A B and C at are being sold in the maet at the prces isted The contumer can imniediately gan the most extra total utity by winching spending from Mnple Choce ANEExplain, Why is the marginal utility curve declining with incresed consumpition of burgers?5. need help with this please