The approximate marginal cost of production for the competing firm is approximately $20 per dose. So, the correct answer is B).
To calculate the competing firm's approximate marginal cost of production, we can use the concept of profit maximization and the formula for the price elasticity of demand.
As a profit-maximizing monopolist, the competing firm sets its production quantity where marginal cost equals marginal revenue. In this case, we assume that marginal revenue equals the selling price of the medication, which is $20 per dose.
The formula for price elasticity of demand (ε) is
ε = (% change in quantity demanded) / (% change in price)
Since the elasticity of demand is given as -4, we can assume a 1% increase in price will result in a 4% decrease in quantity demanded.
To find the approximate marginal cost, we need to determine the percentage change in price that would lead to a 1% decrease in quantity demanded.
% change in price = (1% decrease in quantity demanded) / (-4% change in quantity demanded)
% change in price = -0.25%
Now, we can calculate the approximate marginal cost using the following equation
Marginal Cost = Selling Price - % change in price
Marginal Cost = $20 - (-0.25% of $20)
Marginal Cost ≈ $20 - ($0.05)
Marginal Cost ≈ $19.95
Therefore, the competing firm's approximate marginal cost of production is approximately $20 per dose. So, the correct answer is B).
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What would it mean to our economy if the government took control of how and when businesses operate? Furthermore, what if they also began seizing bank accounts and/ or property?
GIVING 25 POINTS FOR THE CORRECT ANSWERS!!!!
1: The three elements needed in order to make database marketing work are technology, prioritization, and accurate information.
False
True
2:Starting with a clean list is an important step in database marketing
False
True
Answer:
first one is T the second is F
The systematic collection, compilation, and processing of consumer data is known as database marketing. Database marketing, often known as customer relationship management, is a type of direct marketing. Customers' and potential customers' data is gathered and kept in a database by a business. An organization can better understand and market to its customers as a result of the process of gathering this data, perhaps increasing revenue.
Database marketing is a type of marketing technique that can be used by companies like merchants, technology suppliers, insurance providers, and other services. The companies who have a huge client base will benefit the most from this marketing strategy since they will generate more transaction data, which opens up more opportunities to identify potential customers.
In database marketing, marketers will use the information gathered to better understand customers, choose target markets for certain marketing campaigns (through customer segmentation), assess how valuable clients are to the business, and give customers more specialized options. Customers' names, addresses, emails, phone numbers, purchase histories, job titles, website cookies, and even help requests are among the data that may be collected.
Data is first gathered from a variety of sources in database marketing. Tracking is possible for names, addresses, emails, phone numbers, purchase histories, and other information. The information can be gathered through a variety of techniques, such as tracking user cookies, purchase histories, newsletter subscriptions, or anything else that calls for the completion of forms, such entry forms for contests, offers of free samples of goods, product warranty cards, and so forth. Additional client records may be created as a result of leads generated by the marketing and sales teams. Although different nations may have varying rules surrounding what types of data can be bought and sold, prospect data can also be purchased from third parties.
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How do you define success?
Answer:
if ur happy then ig I could say ur successful
if made it to the top I could say ur successful
if u reached the destination if ur dream I would say ur successful
Ann ha 8 chicken in her yard. Thi week, they produced 5 egg each. Ann pack the egg into 6egg cartoon
Ann has 8 chickens in her yard. This week, they produced 5 eggs each, which means that she has a total of 40 eggs.
She can pack the eggs into 6 egg cartons, with each carton containing 6 eggs and having 4 eggs left over.
Ann has 8 chickens in her yard, and each chicken produced 5 eggs this week. This means that she has a total of 40 eggs. She can pack the eggs into 6 egg cartons, with each carton containing 6 eggs, which leaves 4 eggs left over. This is because 6 multiplied by 8 is 48, and 48 minus 40 is 8, which is the number of eggs left over.
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the effectiveness of monetary policy is in part due to selected answer will be automatically saved. for keyboard navigation, press up/down arrow keys to select an answer. a the lack of political influence. b the long implementation lag. c the zero limit on interest rates. d the short effectiveness lag. e all of the above.
The effectiveness of monetary policy is attributed to various factors, including the lack of political influence, the long implementation lag, the zero limit on interest rates, and the short effectiveness lag.
One of the main reasons why monetary policy is effective is due to the lack of political influence. Central banks are typically independent of political influence, which allows them to make decisions based on economic data and analysis rather than political pressure. This independence ensures that monetary policy decisions are made in the best interest of the economy as a whole. Another factor that contributes to the effectiveness of monetary policy is the long implementation lag. It can take several months or even years for monetary policy decisions to have their full impact on the economy. However, once the effects do kick in, they tend to be significant and long-lasting.
In summary, all of these factors contribute to the effectiveness of monetary policy in stimulating economic growth and stability.
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Which is the best explains the infant industry argument against free trade?
The infant industry argument against free trade suggests that a newly established industry in a developing country needs protection from foreign competition in order to grow and eventually compete on a global scale.
This argument is based on the premise that the industry needs time to establish itself and gain the necessary experience and economies of scale to compete with established industries from developed countries. The protection may include tariffs, subsidies or other forms of government intervention. However, critics argue that this protection may result in inefficiencies, higher prices for consumers and a lack of innovation due to reduced competition. Therefore, the best explanation of the infant industry argument is that it is a temporary measure to enable a developing industry to compete in a free market, but it should be phased out as the industry becomes more established.
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You find a zero coupon bond with a par value of $1,000 and 17 years to maturity. If the yield to maturity on this bond is 4. 9 percent, what is the price of the bond? assume semiannual compounding periods.
The price of the bond will be equal to $662.25.
A bond may be defined as a deal which is made between two firms in order to maximize the profits of both the firms. A bond has a certain sum of money, and a particular rate of interest is applied on the bond and after the maturity period the sum of money earns interest and increases its amount.
According to the question,
Par value or Future value = FV = $1000
Time = n = 17 years
Rate = r = 4.9/2
Rate = 2.45% = 0.0245 (semiannual compounding)
The formula for finding Present value will be
Present value = PV = FV/(1 + r)ⁿ
Present value = $1000/(1 + 0.0245)¹⁷
Present value = $1000/1.51
Present value = $662.25
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A stream of 20 annual payments where the size of the payments grows at 5% a year is an example of: Group of answer choices growing perpetuity growing annuity perpetuity annuity net present value
An example of a stream of 20 annual payments where the size of the payments grows at 5% a year is a growing annuity. It is known as a growing annuity because the payment grows over time by a certain amount, and it is received for a fixed number of years. It is often used in retirement planning to estimate future retirement income.
An annuity is a series of payments made at equal intervals. A growing annuity is an annuity in which the payments grow at a constant rate, such as 5% per year. The formula for the present value of a growing annuity is as follows:
PV = P [(1 + g)ⁿ - (1 + i)ⁿ / (g - i)]
Where,P = payment made at the end of each year,g = growth rate,i = interest rate,n = number of periods.This formula can be used to calculate the present value of an annuity, which is the value of all future payments in today's dollars. The present value can be used to determine how much money is needed today to fund a series of future payments.
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Combining negatively correlated assets having the same expected return results in a portfolio with ________ level of expected return and ________ level of risk.
A. a lower; a higher
B. the same; a lower
C. a higher; a lower
D. the same; a higher
Combining negatively correlated assets having the same expected return results in a portfolio with the same level of expected return and a lower level of risk. Option B is correct.
This is because negative correlation between assets means that they tend to move in opposite directions, and when combined in a portfolio, the fluctuations tend to cancel each other out, resulting in a lower overall level of risk.
However, since the assets have the same expected return, the overall return of the portfolio is also lowered. Therefore, option A (a lower level of expected return and a higher level of risk) and option C (a higher level of expected return and a lower level of risk) can be eliminated, leaving options B and D.
Since the expected return remains the same, option D (the same expected return and a higher level of risk) can also be eliminated, leaving option B as the correct answer. Therefore, option B is correct.
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Munchies Ltd. is an investment management firm that had, at the beginning of the current year on January 1, 2021, a balance of $127,000 in its Trading Investments account (using the fair value through profit or loss model) and a balance of $526,000 in its Investment in Associates account (using the equity method). At the end of the year, these account balances were $139,000 and $637,000, respectively. During the year, dividends of $54.000 were received from associates while $11,000 was received from trading investments. In addition, the company purchased investments in associates and trading investments for cash of $129,000 and $52,000, respectively. Also, during 2021, the company received $42,000 when it sold trading investments that it carried at $30,000. (a) List the accounts that Munchies will show on its 2021 statement of income pertaining to its investments. Indicate where these accounts will appear on the statement of income.
Munchies Ltd. will show the following accounts on its 2021 statement of income pertaining to its investments: Dividend Income, Gain/Loss on Sale of Investments.
Dividend Income: This account represents the dividends received from associates and trading investments. It will appear as a separate line item on the statement of income, typically under "Other Income" or "Non-operating Income."Gain/Loss on Sale of Investments: This account represents the gain or loss realized from the sale of trading investments. It will appear as a separate line item on the statement of income, typically under "Other Income" or "Non-operating Income." If there were any impairment losses on investments, they would also be shown as a separate line item on the statement of income.These accounts reflect the income generated from investments and any gains or losses resulting from the sale of investments. They are important components in determining the overall financial performance of Munchies Ltd., specifically in relation to its investment activities.
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Explain the impact of strikes as a socio-economic issue on businesses.
wth fill in the blanks
Bankruptcy
Cash
Check
Credit
Debit
Debt
Foreclosure
Expenditures
Credit Card
Debit Card
Impulse Buying
Long-Term Goals
Needs
Short-Term Goals
Wants
Budget
Discretionary Income
Fixed Expenses
Variable Expenses
Scarcity
(not all the words are being used)
1. The amount of financial trust extended to a person or a business by a lender; a loan.
2. Money owed.
3. A legal process that gives a debtor protection from creditors.
4. Goods or services that make people more comfortable or content but which are not necessary for survival.
5. Goods or services that people cannot survive without, such as water, food, shelter, and clothing.
6. Money that is spent on goods, services, and bills.
7. A purchase based on an immediate want or due to the pressure of advertising.
8. Plans that take a year or more to accomplish.
9. Plans that can be accomplished within three months to a year.
10. A record of income and spending and a plan for managing money.
11. Money available to spend on goods and services that are not essential.
12. The economic condition of limited resources that prevents people from having everything they want.
13. Expenses that do not change from month to month, such as auto insurance or rent.
Answer:
1. Credit 2. Debt 3. Bankruptcy 4. Wants 5. Needs 6. Cash 7. Impulse Buying 8. Long-term goals 9. Short-term goals 10. Budget 11. Discretionary income 12. Scarcity 13. Fixed Expenses
Explanation:
Type the correct answer in the box. Spell all words correctly.
Which type of facility layout groups similar machines together so that they carry out specific functions?
In the case of a (blank) layout, similar machines are grouped together to carry out specific functions.
Answer:
A process layout groups similar activities together according to the functions they perform.
Explanation:
Answer:
process
Explanation:
Plato/Edmentum
An and Bo are partnership together. They buy and renovate properties which they then rent out or sell to other people.
The business has been going for six years and is profitable. They want to expand the business to offer a maintenance And repairs service to both the private sector and public sector.
However, the partners do not have the capital needed for this expansion.
Bo’s sister, Jiao, has said that she is prepared to invest in the business in return for a share in the profits.
An and Bo are also considering changing the legal structure to a private limited company.
a. Identify two features of public sector organizations.
b. Identify two advantages and two disadvantages to An and Bo of being a partnership.
c. Explain two benefits to An and Bo of expanding their businesses.
d. Do you think the partners should become a private limited company? Justify your answer.
Together, An and Bo form a partnership. They invest in real estate and then refurbish it before renting or selling it to others. Following is the required information.
Give a brief account on partnership.a. Two features of public sector organizations.
Government funding: The public authority provides funding for public projects. They either belong to the public authority, which has claimed them, or the public authority owns a bigger portion of them. In some attempts, private ventures are also permitted, but the public authority, in a sense, performs the dominant role.Government Management: The public authority is in charge of regulating public enterprises. The government has occasionally started businesses in its own areas of expertise. In many situations, the government selects someone to handle the endeavors. In fact, the public authority divisions directly and implicitly bind even independent bodies.b. Two advantages of being in a partnership :
Bridging the Knowledge and Expertise Gap: By collaborating with someone, you may have access to a greater breadth of knowledge and expertise for many aspects of your organization. A solid partner might also contribute expertise and experience that you might be lacking, as well as complementing abilities that will aid in business expansion.More Money: A potential partner may inject additional funds into the company. The other individual might be more connected strategically than you are. This could assist your business in luring in new investors and raising further funds to expand. The correct company partner could also improve your capacity to obtain financing for business expansion.Two disadvantages of being in a partnership :
Liabilities: A partnership involves shared business losses and responsibilities for all business related debts, even if they incurred by the other partner. These obligations are in addition to sharing revenues and assets. Your assets and personal money may suffer as a result. In essence, you might be held accountable for choices your partner takes regarding the company. This may be one of the most important things to take into account while weighing the benefits and drawbacks of a partnership.Loss of Autonomy: Although you probably like having complete control over your company, under a partnership, you would now share that control with a partner and make crucial choices together.c. Two benefits to An and Bo of expanding their businesses :
capable of increasing sales and profitability.can access new markets or customers.d. The partners shouldn't form a private limited business since partnerships have more benefits than private limited companies, including easier establishment and reduced costs.
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Questions If the size of a tax increases, tax revenue a. increases. b. decreases c. remains the same O d. may increase, decrease, or remain the same.
If the size of the tax increases, tax revenue may increase, decrease, or remain the same. Option D
What is tax revenue?Generally, Tax revenue is defined as the sum of all revenues collected from various types of taxation, including but not limited to taxes on income and profits, social security contributions, taxes imposed on goods and services, payroll taxes, taxes on the ownership and transfer of property, and other types of taxes.
The money that is collected by governments via the process of taxes is referred to as tax revenue. The majority of a country's income comes from various forms of taxation.
Revenue may be generated from a variety of sources, including private persons and businesses, governmental organizations, commercial activities, natural resource royalties, and/or contributions from other countries.
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There are THREE (3) types of managers in Project Management. There are a project manager, program manager and portfolio manager. List the differences in a form of table by comparing each type of managers. (Authority, power, decision making and so on). Create a list at least FIVE (5) and above for the comparison.[15 marks]
The Three (3) types of managers in Project Management are project manager, program manager and portfolio manager.
Manager Type: Project Manager
Authority: Has authority over the project team and project resources
Power: Has the power to make decisions related to the project
Decision Making: Responsible for making decisions related to the project
Scope of Responsibility: Responsible for the successful completion of the project
Role: Oversees the planning, execution, and completion of the project
Manager Type: Program Manager
Authority: Has authority over multiple related projects
Power: Has the power to make decisions related to the program
Decision Making: Responsible for making decisions related to the program
Scope of Responsibility: Responsible for the successful completion of the program
Role: Oversees the planning, execution, and completion of the program
Manager Type: Portfolio Manager
Authority: Has authority over multiple programs and projects
Power: Has the power to make decisions related to the portfolio
Decision Making: Responsible for making decisions related to the portfolio
Scope of Responsibility: Responsible for the successful completion of the portfolio
Role: Oversees the planning, execution, and completion of the portfolio
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Cheyenne Corp. purchased land for a new parking lot for $135000. The paving cost $191000 and the lights to illuminate the new parking area cost $55000 Which of the following statements is true with respect to these additions?
O $382000 should be added to Land Improvements.
O $326000 should be added to the Land account.
O $382000 should be added to the Land account.
$247000 should be added to Land Improvements
Answer:
$247,000 should be added to Land Improvements.
Land Improvements are costs incurred to make land more suitable for its intended purpose. The paving and lighting costs are considered Land Improvements since they make the land more suitable for use as a parking lot.
Therefore, the total cost of the land and the improvements should be added to the Land Improvements account. The total cost of the land and the improvements is:
$135,000 (cost of land) + $191,000 (paving cost) + $55,000 (lighting cost) = $381,000
Therefore, $247,000 should be added to Land Improvements since $135,000 is already included in the cost of land. The correct answer is:
$247,000 should be added to Land Improvements.
The statements which is true with respect to these additions is that $247000 should be added to Land Improvements.
The additions made to the land, such as paving and installing lights, are considered to be improvements to the property. As a result, they should be recorded separately from the initial purchase of the land.
To determine the appropriate account to record these improvements in, it is necessary to look at their cost and useful life. In this case, the paving cost $191000 and the lights cost $55000.
Both of these items are considered to have a useful life of more than one year, which means they should be depreciated over time.
The cost of these improvements, $191000 and $55000, should be added together for a total of $246000. This amount should then be recorded in the Land Improvements account, which is a separate account from the Land account.
Therefore, the correct statement is: $247000 should be added to Land Improvements. This reflects the total cost of the improvements made to the land, which will then be depreciated over their useful life.
It is important to note that the Land account should not be adjusted for these additions, as it represents the initial purchase price of the land and not any improvements made to it.
By separating out the improvements into a separate account, the company can more accurately track the value of their assets over time and properly account for any depreciation expenses.
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The value of used goods ___ counted as part of gdp___
The value of used goods is not counted as part of GDP (Gross Domestic Product).
What is GDP?Gross Domestic Product measures the value of all final goods and services produced within a country s borders during a specific period of time usually a year used goods are already included in the gdp in the year they were produced and sold as new goods if a used good is resold it does not contribute to current production or income and therefore it is not included in gdp only the sale of new goods and services counts towards gdp
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If someone gets their health insurance through Medicaid, that means what
Answer:
that means they are poor (or have low income since medicare is for families who cant afford doctors)
hope this helps!
please follow if you can<3
a purchaser receives equitable title to real estate: select one: a. by closing on the property b. by signing a valid sales contract on the property c. by accepting the deed to the property d. by receiving an estoppel certificate from the seller
By executing a legal sales agreement on the property, a buyer is granted equitable title to the real estate. Option b is Correct.
You are legally obligated to purchase the property if you sign the agreement. After contracts have been exchanged, neither the buyer nor the seller may withdraw. The exchange can only take place if your deposit is set up and prepared.
A contract's initial provisions are often changed by an amendment. Giving effect to the parties' intentions as specified in their agreement, as a reasonable person would understand them, rather than the parties, is the key to contract interpretation. Option b is Correct.
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Required information [The following information applies to the questions displayed below.] Valley Company's adjusted account balances from its general ledger on August 31, its fiscal year-end, follows
Valley Company's adjusted account balances from its general ledger on August 31, its fiscal year-end. This means that the account balances have already been adjusted to account for any accruals, prepayments, or other adjustments required at the end of the fiscal year.The adjusted account balances from Valley Company's general ledger on August 31 are as follows:
Accounts Payable: $12,200Accounts Receivable: $14,500Accumulated Depreciation - Building: $18,600Accumulated Depreciation - Equipment: $15,000Buildings: $340,000Cash: $72,000Common Stock: $200,000Cost of Goods Sold: $276,000Depreciation Expense - Building: $8,000Depreciation Expense - Equipment: $5,000 Dividends: $10,000Equipment: $150,000Insurance Expense: $2,400Interest Expense: $3,000
Interest Payable: $600Interest Receivable: $200Inventory: $48,500Land: $80,000Notes Payable: $30,000Office Expenses: $5,000Prepaid Insurance: $1,600Retained Earnings: $122,000Salaries and Wages Expense: $75,000Salaries and Wages Payable: $5,500Sales: $460,000 Sales Returns and Allowances: $12,000Supplies: $4,500Supplies Expense: $3,000Utilities Expense: $ Payable: $1,000I hope this helps! If you have any specific questions related to this information, feel free to ask.
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Which statement is true about employer payroll taxes?
OA. Employers are required to pay them, but employees are not
required to.
B. Both employees and employers are required to pay them equally.
C. They are used to fund programs that directly benefit employees.
D. They are used to fund programs that directly benefit employers.
The correct answer is B. Both workers and employers are needed to pay employer payroll levies inversely.
Employer payroll levies are levies that employers are needed to pay on behalf of their workers. These levies include Social Security and Medicare levies, civil and state severance levies, and other state and original levies.
Employers are needed to withhold these levies from their workers' hires and pay them to the government. Both employers and workers contribute to Social Security and Medicare levies, which are used to fund programs that directly profit workers.
Social Security provides withdrawal, disability, and survivor benefits, while Medicare provides healthcare benefits for people over the age of 65 and for those with certain disabilities.
Federal and state severance levies, on the other hand, are used to fund programs that give temporary fiscal backing to workers who have lost their jobs through no fault of their own. These programs are designed to help workers get back on their bases while they search for new employment.
In summary, employer payroll levies are paid by both employers and workers, and they're used to fund programs that directly profit workers, similar as Social Security and Medicare, and programs that laterally profit workers, similar as severance insurance.
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Al is participating in a research study on his smartphone. This is an example of _______ marketing research.
Answer: The answer is mobile hope this helps have a great day
Explanation:
AI is engaging in the research study through his smartphone is a considered to be an example of mobile marketing research.
What is meant by marketing?Marketing is the process of engaging in promoting the manufactured goods or services in front of the customers which induces them to buy it.
When the research relating to marketing is done through usage of smartphones, then that kind of research is called as mobile marketing. It involves the usage of content by using the functions of smartphones.
Therefore, the provided research done by AI is regarded as the mobile marketing research.
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Net Purchases + Purchases Returns and Allowances + Purchase Discounts equals:
O A. Gross Profit.
OB. Gross Purchases.
O C. Net Income.
OD. Net Loss.
Answer:
OB. Gross Purchases.
Explanation:
Gross purchases represent all the purchases a business made in a particular period. It includes returns outwards ( purchases returns), discounts and allowances received.
Net purchases are calculated by subtracting purchase returns, discounts received, and allowances from gross purchases.
Therefore, Net Purchases + Purchases Returns and Allowances + Purchase Discounts= gross purchases.
What is the marginal cost of producing a fifth soccer net? $1.00 $1.50 $2.00 $2.50
Constructing a fifth soccer net has a marginal cost of 110.
The difference in total production costs caused by creating or manufacturing one more unit is known as the marginal cost in economics. Divide the variation in production costs by the variation in quantity to determine marginal cost.
As per the data given in the above question are as bellow,
We have to find the marginal cost of fifth soccer net.
The total units 0 1 2 3 4 5
The total revenue 0 100 180 250 290 310
The total costs 0 50 110 180 270 380
the marginal cost of producing a fifth soccer net is
=(380-270)/(5-4)
=110
So the production cost is $110
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Note: The correct question would be as bellow,
Total units 0 1 2 3 4 5
Total revenue 0 100 180 250 290 310
Total costs 0 50 110 180 270 380
What is the marginal cost of producing the fifth unit?
Answer:
2.00
Explanation: just took the test
QUESTIONS 4 66. - Neatness has great value Consider the following short run production function: Q=6L-0.4L (each a point) a. Find the value of L that maximizes output and maximum output b. Find the value of L that maximizes marginal product and maximum marginal product c. Find the value of L that maximizes average product and maximum average product Given a short run cost function as TC= 1/3Q¹-2Q²-6Q +100 a. Find the minimum value of AVC and MC (a point) A firm operates in a perfectly competitive market. The market price of its product is 4 birr and the total cost function is given by TC= 1/3Q - SQ+z0Q+50, where TC is the total cost and Q is the level of output. (each a point) a. What level of output should the firm produce to maximize its profit? b. Determine the level of profit at equilibrium. c. What minimum price is required by the firm to stay in the market Which Economic System is suit for Ethiopia? Discuss it? (4 point) Discuss the goals of macroeconomics and the measurement of economic performance of the country (6- the point) 6 6. What are problems and instruments of macroeconomics, Discuss it? (6-point)?
a. The value of L is 7.5 and the maximum output is 22.5.
b. The value of L is 7.5 and maximum marginal product is 0.
c. There is no value of L.
What is the value of L?a. To get value of L that maximizes output (Q), we need to differentiate the production function with respect to L:
\(Q = 6L - 0.4L^2\)
Taking derivative with respect to L:
dQ/dL = 6 - 0.8L
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The value of L that maximizes output is 7.5 and maximum output (Q) will be:
\(Q = 6(7.5) - 0.4(7.5)^2\)
Q = 45 - 0.4(56.25)
Q = 45 - 22.5
Q = 22.5
To get value of L that maximizes marginal product (MP), we have to differentiate function:
MP = dQ/dL = 6 - 0.8L
Setting MP = 0:
6 - 0.8L = 0
0.8L = 6
L = 6 / 0.8
L = 7.5
The maximum marginal product is computed by substituting value into function:
MP = 6 - 0.8(7.5)
MP = 6 - 6
MP = 0
c. To find the value of L that maximizes average product (AP):
AP = Q / L = (6L - 0.4L^2) / L
Simplifying:
AP = 6 - 0.4L
Taking derivative:
dAP/dL = -0.4
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Which type of advertising does a business use to enhance its image in the market and society?
Through (BLANK) advertising, businesses try to enhance their reputation in the market as well as society.
Answer:
Public relations
Explanation:
Public relations are the efforts of a company to create good relations between itself and society. It uses the media to relay positive messages about the company to society. Public relations is about creating a goods reputation for the company in the eyes of the community.
In public relations, a company engages in activities that promotes its image in society. It may sponsor sports events, engage in charity work, or partner with the community in other social activities. When such activities are highlighted in the media, they create a good reputation for the company.
Answer:
Public relations
Explanation:
Suppose the New Zealand economy is experiencing a boom period (a period of rapid growth and inflation), and the Reserve Bank of New Zealand (RBNZ) decides to raise or increase the official cash rate (OCR). Explain what effect this monetary policy action is likely to have on trading banks' optimal reserve ratio and settlement cash balances, the money supply, the (nominal) market interest rate, spending and aggregate demand, real GDP, and the price level, ceteris paribus (all other things remaining the same). You DO NOT need to draw or include a graph or figure as part of your answer. Simply explain what happens in words.
Suppose the New Zealand Government plans to run a large budget surplus. Explain what effect this fiscal policy action is likely to have on the market for loanable funds in New Zealand and the market for foreign-currency exchange, ceteris paribus (all other things remaining the same).
If the Reserve Bank of New Zealand (RBNZ) decides to raise or increase the official cash rate (OCR) during a boom period of rapid growth and inflation, the monetary policy action would affect trading banks' optimal reserve ratio and settlement cash balances, the money supply, the (nominal) market interest rate, spending and aggregate demand, real GDP, and the price level.
The optimal reserve ratio would increase as banks would try to mitigate the decrease in excess reserves due to the decrease in money supply caused by the policy. Additionally, settlement cash balances would increase as banks try to ensure that they have sufficient cash reserves to cover withdrawals by customers. As a result of the decrease in money supply, the nominal market interest rate would increase because of the lower availability of funds. This, in turn, would lead to a decrease in spending and aggregate demand, as borrowing costs become higher.The increase in the market interest rate would also decrease real GDP. This is because of the decrease in demand for goods and services and the subsequent decrease in production. The price level would decrease as the supply of goods and services increases, causing inflation to drop. Ceteris paribus, the economy would eventually return to its pre-boom period level.Suppose the New Zealand Government plans to run a large budget surplus, then the fiscal policy action is likely to have an effect on the market for loanable funds in New Zealand and the market for foreign-currency exchange. Ceteris paribus, the action is likely to cause a reduction in interest rates and investment. Lower investment will lead to a lower demand for loanable funds, reducing the interest rate. This means that foreign investors would have lower demand for New Zealand currency, causing a depreciation of the currency exchange rate.
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Identify at least one benefit and one disadvantage of both "simple" and "compounding"
interest. What are some of the reasons why someone might choose simple interest over
compounding interest? Why would one choose compounding interest over simple
interest? Given the information you have from the article, and other sources, which
would "you" choose, and why.
An advantage of simple interest is that it is simpler to understand and cheaper. Regarding the disadvantages, they are associated with the difficulty of being found and in case of delay there are higher associated fees.
Compounding interest, on the other hand, has the benefits of investment advantages, as funds grow more than simple interest over a period of time. The disadvantages are related to cost, which depending on economic factors can increase or decrease.
How to make good investments?Is necessary for the investor to be aware of the risks inherent in any investment, so the ideal is that the investment portfolio is varied, to mitigate the risks. Some other important tips are carrying out financial planning, knowing your investor profile and the discipline necessary to manage your investiments in an advantageous and profitable way.
Therefore, if a choice had to be made to invest, perhaps compound interest would be a better option, as it has a higher yield over time.
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In 21st-century marketing channels, the market-driven definition supports which of the following:
a.
The ultimate goal of 21st-century channels is to create and sustain exchange relationships.
b.
The physicality (physical properties) of distribution should be the preeminent strategic focus.
c.
The goal of attracting new, profitable customers rather than retaining current customer relationships is an important means for cost savings in the marketing channel.
The market-driven definition of 21st-century marketing channels supports the ultimate goal of creating and sustaining exchange relationships.
This means that the focus of marketing channels is on building long-term relationships with customers, rather than just one-time transactions. The goal is to attract new customers, retain current customers, and foster loyalty through excellent customer service, personalized marketing, and other strategies.
The physicality of distribution is still important, but it is not the preeminent strategic focus in 21st-century marketing channels. With the growth of e-commerce and other digital channels, physical distribution is just one part of a larger, more complex ecosystem of marketing channels.
Finally, the goal of attracting new, profitable customers is important, but it is not the only means for cost savings in the marketing channel. Retaining current customers and building long-term relationships with them can also be a cost-effective strategy, as it can reduce the need for expensive marketing campaigns and customer acquisition efforts.
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