The demand curve for a monopolist is 2p = 100 - q. Find revenue and marginal revenue. At what value of q will the marginal revenue is zero? Also find the price when marginal revenue is zero?

Q: In games with a Prisoners' Dilemma structure, we are often able to show cooperation emerging where t...

A: Prisoner's dilemma is a condition particular decision-makers always have an incentive of choosing in...

Q: In which economy is GDP per capita higher in steady state? Economy A Economy B O Not enough Informat...

A: The Solow Model of economic growth or the neo classical model of growth This model is also known as ...

Q: At the optimal quantity, what is the total cost of the burgers that are purchased?

A: At optimal quantity, Marginal cost is equal to marginal benefit. As marginal cost is constant throug...

Q: 1. What are the advantages and disadvantages of collusion?  Define Collusion 2. In a Stackelberg ga...

A: 1. Collusion Combinations, plans, or contracts among sellers to boost or fix prices and decrease out...

Q: Assuming that the Consumer Price Index increases from 100 to 120... Group of answer choices Less mon...

A: Consumer price index is a measure to calculate the increase in cost of basket of goods and services.

Q: Consider the IS-LM AD-AS model (with adaptive expectations). Assume that the economy is initially in...

A: The aggregate demand curve shows the inverse relationship between the price level and quantity deman...

Q: Suppose we alocate a foxed supply of a depletable resource between two periods in a dynamically effi...

A: The demand function shows the inverse relationship between two variables that are price and quantity...

Q: 11. Suppose you are playing an interesting game with coins. You initially have 30 fair coins. In eac...

A: Probability of getting (heads ) on a single coin = 1/2 Number of coins initially = 30  Number of rou...

Q: 1. Present Value Costs Your company wants to bring outdoor ice-skating to Palm Springs, California a...

A: Answer a. The annual cost of owning and sustaining an asset is calculated by multiplying the net pre...

Q: The table below indicates the current valuos of various money accounts. All figures are denominated ...

A: Given: Currency outside banks=$357 Travelers cheques=$30

Q: Now imagine that you are the manager of a national champion company. Which are the two main factors,...

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Q: You've got lucky and about to get married. You are looking for an apartment to buy. Your savings fro...

A: The expression“mortgage” alludes to an advance used to buy or keep a home, land, or different kinds ...

Q: Price elasticity of demand for gasoline is estimated to be -0.3 in the short run and -1.2 in the lon...

A: Given  Short-run price elasticity of demand for gasoline =-0.3  Long-run price elasticity of demand ...

Q: The theory of asset demand suggests that the most important factor affecting the demand for domestic...

A: The theory of asset demand shows what factors affect the asset demand.

Q: onsider the “Trip Logistic” example discussed in class (i.e. base case). Please solve the same probl...

A: Introduction Spot market price has given. a) Spot market price is reduced to - $ 0.55. Let the deman...

Q: Consider the following game: PLAYER 2 Left Middle Right Up 0,0 2,5 5.4 PLAYER 1 Middle 1,2 7,3 4,3 D...

A: Nash equilibrium is the equilibrium in which both the players attain highest payoff by choosing the ...

Q: device that cost 50000 at the start of the year lose 10% of its value each year. find out how much

A: It is given that  Present value = 500000 Reduced value = x Rate of depreciation = 10% p.a. Number of...

Q: Humana Hospital Corporation installed a new MRI machine at a cost of $760,000 this year in its medic...

A: Given information Machine cost (MC) = 76,000 n = 5 Machine sold (MS) = $115,000 Return requirement ...

Q: countries, Home and Foreign, whose is SH = 900.000 and SF = 1.600.000. d curve of the industry i is ...

A: *Answer:  The general demand (dd) function is: Q = S[1/n – b(P – Pavg)] Where, Q is the sale of an i...

Q: If the dollar depreciates relative to the Swiss franc   Question 16 options:   a)  Swiss chocolat...

A: When the dollar depreciates against swiss franc, the exports of US become cheap in foreign market an...

Q: What is marginal revenue

A: Total Revenue is the revenue earned by the producers or sellers by producing or selling the goods or...

Q: nstructions: Round your response to one decimal place. f the quantity demanded increases by 1 millio...

A: Quantity demanded is a term used in economics to describe the total amount of good or service that c...

Q: What do you think is the most important aspect to consider when trying to understand the concept of ...

A: Knowledge-based economies in industrialised countries are characterised by the development of inform...

Q: The supply and demand curves for a product are given by the following equations: P = aQs + b and P c...

A: Given information Demand function P=cQd+d Supply function P=aQs+b new demand function Q=1520-5P P=18...

Q: This graph illustrates the supply and demand for golf balls in 2020. price 87.00 Supply 2020 50.10 3...

A:

Q: The Brexit vote in June 2016 resulted in higher expected trade barriers . Therefore, the expected va...

A: Brexit is a mashup of the terms "British" and "exit," coined to describe the United Kingdom's vote t...

Q: mand for organs increases from qa to qE. mand for organs doesn't change with the imposition of a zer...

A: All answers given below,

Q: Suppose the government is weighing different fiscal policy options, and they would like your help es...

A: As given decrease transfer to households by $1000 or decrease government purchases of goods and serv...

Q: Suppose that there are 2 types of plans available to you. Plan A has a deductible of $500, with 10 p...

A: According to the question,  Plan A offers a $500 deductible and a 10% co-insurance fee for many med...

Q: (1) A consumer's utility function is given by u (z_y) := z/2y/2 for any nonnegative z and y, represe...

A: Utility function : U = x1/2y1/2 Price of x = Px  Price of y = c1 Income = m  Budget Constraint will ...

Q: Interesting inquiry on the concept of Globalization

A: Globalization is the process of interaction and integration between people, companies and government...

Q: If external economies of scale determine the location of tradable industries? Please explain.

A: Economies of scale refer to the fact that the more units a company produces, the less each unit cost...

Q: You've got lucky and about to get married. You are looking for an apartment to buy. Your savings fro...

A: Lenders charge borrowers an interest rate based on a percentage of the principal, which is the amoun...

Q: rtels are the group that is created by the firms in the market to gain control over the prices and t...

A: Cartel is when multiple firms conspire to optimize the quantity and thus keep prices in a range band...

Q: 4. "It is not the continued shift of the SRAS curve that causes continued inflation". Explain this s...

A: "It is not the continued shift of the SRAS curve that causes continued inflation". The explanation i...

Q: Imagine a pizza, with a question: How does each slice of pizza you consume impact your utility for t...

A: Utility refers to the total amount of satisfaction which the consumers receive from the consumption ...

Q: 1. Consider the utility function given by u (x1, x2) = x1x%, and budget constraint given by Pixi + P...

A: Given information U=X1X22 Budget constraint P1X1+P2X2=W  

Q: Which is more pro-poor between the benefit received theory and the ability to pay theory? Why?

A: Both, the "Benefits Received" theory and the "Ability to Pay" theory fall under the theme of fairnes...

Q: Why are the elements found in the I=P x A x T important in terms of impacting our environment? impa...

A: Whilst the equation may appear to be an oversimplification of the numerous issues that face our envi...

Q: Inflation rates, like most statistics, are imperfect measures. Can you identify two ways that the in...

A: A currency's purchasing power depreciates with time, known as inflation. A currency's purchasing pow...

Q: a. At which point(s) is this society producing some of each type of output but producing inefficient...

A: NOTE: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question...

Q: For P500, 000, an engineer purchased a piece of equipment. He added another P40,000 to his budget fo...

A:  Depreciation per year (D) = Cost of the Asset - Salvage ValueUseful LifeD = (500000 + 40000) - x% o...

Q: Assume that the following equations characterize a small open economy: Y= 5,000 C-0.5 (Y - 7) 1-2,00...

A:

Q: . The mercantilists maintained that: a. Trade benefits one nation only at the expense of another nat...

A: Mercantilists were of the opinion that the country should always be in a Trade surplus that is the e...

Q: Of the following, the one that appears in the current account of the balance of payments is   Quest...

A: Keeping track of a country's financial interactions with the rest of the world is done through balan...

Q: In a Stackelberg game, what is the best response that follower firm 2 can make to the choice y1 alre...

A: Stackelberg game is a game of duopoly, this model is an extension of the Cournot duopoly model, the ...

Q: (2) A study indicates that spending money on pollution control is effective up to a point but eventu...

A: New research from Greenpeace Southeast Asia and the Centre for Research on Energy and Clean Air deta...

Q: Consider the IS-LM AD-AS model (with adaptive expectations). Assume that the economy is initially in...

A: A supply shock is an unpredictable phenomenon that suddenly changes the quantity supply of a product...

Q: Which of the following is a way to compute GDP?

A: The economics as a study is based upon the idea that the resources which are present with the econom...

Q: Federal Reserve independence is thought to   Question 11 options:   a)  help Congress to better c...

A:     With more independence for federal reserve, the central bank will be more open, transparent and ...