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- 11:22 Fri 10 Dec VPN O 79% managebac-prod-china.s3.cn-north-1.amazonaws.com.cn A have all axes and curves clearly labeled and must show directional changes. If the question prompts you to "Calculate," you must show how you arrived at your final answer. Tandy's Art is the only art studio and workshop in a small remote town, and Tandy’s Art is the only employer of artists in the area. The graph below shows the market for artists with the marginal factor (resource) cost curve, the labor supply curve, and the marginal revenue product curve. Marginal Factor Cost Supply 28 22 20 16 10 Marginal Revenue Product 4 12 18 24 32 36 40 Quantity of Artists 48 60 80 16 (a) Identify the profit-maximizing number of artists that Tandy's Art will hire. Explain using the labeling on the graph. (b) Identify the profit-maximizing wage rate that Tandy's Art will pay its artists. Explain using the labeling on the graph. (c) If the wage rate is $10, state whether there will be a shortage or a surplus of…Marvel Woodcraft makes fumiture. Marvars expected sales are 21000 bookcases for the quarter. The company begins the quarter with invertory of 3,000 bookcases and warts te heve enough finished beokceses en hand et the end of the auener to provide for 15N of the nest querter's enoected seies of 27000 bookcases. gnoring any begirving iventory r so board feet are required for anch bookcase and the wood costs $2 per board foot, how much will Marvel pay for the bookcases a neads produce during the querter Mte Choe SA o s2900.000 S405.000TeEpress Smartwork O Homework Smatwors Calege of hiness Onine b My Questions bartely ncia wwnorton.com/132454 Paused !!! Apps P Pandora ntenet Ra O Thesis Creator g Bockshelf Online L M McGra H- Login 9OF 12 QUESTIONS COMPLETED * SUBMIT ANSWER 751 AM P Type here to search
- You are working for the chiefeconomist at Microsoft. Microsoft’s only significantcosts to producing and distributing a new version itit’s operating system is $30,000 in wages to itsemployees, $15,000 in computer testing, and$5,000 in utilities. Microsoft’s marketing department estimates that thedemand a new version it it’s operating system is Q = 320 – 0.5 P, with Pmeasured in dollars.What price should Microsoft charge for a new version it it’s operatingsystem? What profit should Microsoft expect?Asnwer to this Q?Google Password Required G Enter your password for "210352" in Internet Accounts. Rapidldenti x CClever | Tea X Content Ch. 14 Read x D Nathan Mej x S Savvas Real iin. A southtexascollege.blackboard.com/ultra/courses/_297686_1/cl/outline?legacyUrl=%252Fwebapps%252Fblackboard%25.r 10 YLQ1 Y1Q Y103 Y1Q4 Y2Q1 Y202 ¥2Q4 Y3Q1 Y3Q2 2) Part A: Why must double counting be avoided when measuring GDP? Provide an elaborate answer with at least one example. Part B: Aggregate Demand (AD) Curve shows the relationship between the economy's price level and real GDP demanded. In other words, real GDP demanded by different groups of buyers, i.e., Consumers (C), Businesses (1), Government (G), and Net Amount by Foreigners (Export - Import), at different price levels give us points on a graph, which are connected to form a curve called AD curve. Review the textbook chapter, and conduct internet research to discuss determinants of AD or factors that shift AD curve. Part C: Following graph shows business…
- O Announcements- 2021 Spring x A Question 28 - Exam l- Connec X A ezto.mheducation.com/ext/map/index.html?_con=con&external_browser=0&launchUrl=https%253A%252F%252Fnewconnect.mheducation.com%252F#/activity/questi. * ! Apps G Gmail O YouTube O Maps R Paus Exam II A Saved Help Save & Exit Submit 28 A nation's real GDP was $300 billion in Year 1 and $309 billion in Year 2. Its population was 120 million in Year 1 and 125 million in Year 2. What is its real GDP growth rate in Year 2? 8 00:48:46 Multiple Choice 3 percent 2.1 percent 7 percent 9 percent Mc Graw Hill 80 esc esc F7 F2 F3 @ $ & 2 3 4 5 6 8 Q W E T Y P A S D F K く > C V N M. B9:48 O O 90% iwe-nnoq-seu ► PROBLEM SOLVING LA bil for a motorbort indicates a cost of P2, s00 dur in 100 deys. but promites a % tistounti Pimbursed within 30 days What is the highest umple interest rate at which the buyer can berrow money in orter to henete trom the tiscnunt? 2. The salling prica ot a TV sat it doutlu that at its net cant, It the TV sut li solit te a ustomer at a profit of 25% af the net cot, how much discount was gven to the customer? 3. A salestady's morthly come at Jessie's Department Stare s partly fied and partiaty variabke, dependng on the value uf her sales for the month When the manthly value uf her salen b P10c00.00, her montiy salary PSOL.cO. Her moothiy income increases to FLO00,00 when hur mnnthiy vales reach PIL00U D0 What must the value of her monthly sales be in order for her monthly salary to reath 4, You re buyng new televnien, From pant experience you estimate future repair cont es S00 during the fiest year, P1800 during second year, P2700 during the…View History Bookmarks Profiles Tab Window Help E Inform I The va 8 Com G Home M Docun E Info pup O Dashb E operat O McGra Lectur ructure.com/courses/169731/external_tools/retrieve?display=full_width&url=https%3A%2F%2Funcc.quiz-Iti-iad-prod. 1 point When Target charges $95 for a children's game, they sell 100 units. When they charge $84, they sell 120 units. If they were to give away the game for free, how many units (Q) would be demanded? (Answer is NOT infınity) Enter as a value. ROUND TO THE NEAREST WHOLE NUMBER. Type your answer. Previous informative paper.pdf Ch4-ProjectMg...pptx Ch7&8-Manufa.pptx 25 ttv 20 F9 DOO ES #3
- Yeard year& 8000 9000 F00 800 70 100 Lobor force Prio farpigea 70 goo $200 WRot was the gapuith note of averoge bober prodictivity in Amchovy betweem Veont cndear d7The manager of the donut shop tells you that hesells donuts for $1 each, and that if he were to makeadditional donuts, based on his current level ofoutput, it would cost him $0.80 per donut. Do yourecommend that the manager increase or decreasethe number of donuts he makes?Briefly explain why quantifying nsk is important to decision making Why is it important to quantity risk when making a decision? OA Quantifying risk is important so it can be measured against the benetits when making decisions appropriate for our own personal crcamstances OB. Quantifying risk is important so it can be measured against the benetts when making decisions idealy the risk wil equal the benefts OC. Quantifying risk is important so it can be measured against the benefits when making decisions ideally the risk will outweigh the benefs OD. Quantifying risk is important so it can be measured across a population and help identity why people make the decisions they do