Answer:
2,3, and 5
Explanation:
correct on edge
brainliest would be appreciated !
Answer:
private:
Q = 46
P = 82
social welfare
public
Q = 38.33
P = 38.33
Explanation:
First, we solve for the marignal revenue P = 82
Revenue P x Q = 82Q
Marignal revenue 82
Now, we solve for the socially efficent outcome and the unrestricted market:
marginal cost = 36 + Q
marginal revenue = marignal cost
86 = 36 + Q = 50 social cost
<em><u>socially efficient:</u></em>
Marignal cost 45 + 1.2Q
82 = 45 + 1.2Q
Q = (82-45)/1.2 = 30,83
<em><u>If unrestricted:</u></em>
Marginal cost = 36+ 1.2Q
marginal revenue = 82
Maximization prift:
Q ? 82 = 45 + 1.2 Q = 38.33
P 38.33
Answer:
QC
Explanation:
US dollar used to be backed by gold but this is not the case anymore. US dollar being as a flat currency is backed by governemnt through federal reserve.
Answer: D. Both countries
Explanation:
The options include:
A. neither country
B. the country with lower production costs
C. the country with higher production costs
D. both countries
Comparative advantage occurs when a particular country produces a certain goods based on the fact that it has a lower opportunity cost of its production when compared to the other country. This typically occurs in international trade.
Comparative advantage is beneficial to both countries that are involved as the countries purchase the goods that it doesn't have a comparative advantage in from the other country.
Answer: A single 1 or 0 in a digital signal