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frutty [35]
2 years ago
14

2. Which is not true of an electric current?

Chemistry
1 answer:
daser333 [38]2 years ago
4 0
B. Electric current requires a specific path to follow.
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What is the charge of 5protons 6 neutrons and 5 electrons
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In this case the mass number would be 11.

Explanation:

The mass number of an element is the sum of the protons and neutrons. The number of neutrons for a given element is the only number that can change and still have the identity of the element stay the same, (because the atomic number is the number of protons).

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What problems might happen if an unnecessary hurricane warning was issues
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What does Le Châtelier's principle say about upsetting a system at
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C

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7 0
2 years ago
Consider the market for paper. Let market demand be given by inverse demand function P d (Q) = 60 − Q, where Q is tons of paper
MakcuM [25]

Answer:

See explaination

Explanation:

Demand for paper is given below:

P(Q)=60-Q,

Number of paper mills=20

The cost curve for firm is given below:

C(Q)=10Q2

The external cost in terms of pollution down river by production of paper is given below:

EC(Q)=10Q2

a. The optimal level of paper production by market can be calcuated by equating MC=P

20Q=P

Q=P/20

b. The optimal level of paper production by market can be calcuated by equating MC=P.

MC=20Q

60-(20Q)=20Q

Q=60/40

Q=1.5

Total quanity by 20 firms will be 1.5*20=30

c. The socially efficient level of paper output is calcuated below:

MC+EC'=20Q+20Q

60-(20Q)=40Q

Q=60/60

Q=1

Total quanity by 20 firms will be 1*20=20

The price will be P=60-20=40

d, The deadweight loss occurs as market price increases and quantity decreases due to the external cost . The deadweight loss is calcuated below:

DWL=(1/2)*change in price* change in quantity

=(1/2)*10*10=50

e. 20 firms merged into one firm to make monopoly firm. The cost function for the monopoly is given below:

Cm(Q)=20*10(Q/20)2

The marginal cost for the monopoly firm will be

MCm=Q

The marginal revenue for the firm is 60-2Q

For optimal output MR is equated to MC

60-2Q=Q

Q=20

P=40.

The monopoly outcome is below the perfect competition outcome and price is higher in comparison to perfect competition. The monopoly outcome is same as socially efficient outcome.

The total surplus for this outcome is sum of consumer surplus and producer surplus and subtraction of external cost

TS=CS+PS-EC

=(1/2)*20*20+(1/2)*40*20-10(20)2

=600-4000=-3400

Due to the external effects the total surplus to the society is negative. In perfect competition this effect is not considered and output produced is high therefore, the external cost will be higher with higher output leading to higher negative social surplus. Generally the monopoly outcome reduces the total social surplus but in case of externality, the monopoly total surplus is higher than the perfect competition.

3 0
3 years ago
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