If both consumers and producers are experiencing a surplus the market is efficient
Answer: $40,000 incremental profit
Explanation:
Total Revenue if they sell the chickens as is to a slaughter house is,
= 60,000 * 1
= $60,000
If they decide to slaughter the chickens themselves then we have the following revenue
= 2.75 (selling price) * 60,000 chickens - 65,000 ( cost to turn into meat)
= $100,000
That's the profit if they process further. To get the Incremental Profit we subtract the profit if they just sell to the Slaughter house.
= 100,000 - 60,000
= $40,000
The Incremental profit if Paola Slaughters chickens is, $40,000
Answer:
option (d) $200.00
Explanation:
Average total cost for 100 pairs = $2.50
Marginal cost for every pair = $10.00
Now,
Total cost = Fixed cost + Variable cost
or
Fixed cost = Total cost - variable cost
or
Fixed cost = (Average total cost × 100) - (Marginal cost × 100)
= ($2.5 × 100) - ($1 × 100)
= $250 - $100
= $150
thus,
Total cost to produce 50 pairs of oven gloves
= fixed cost + variable cost
= $150 + (50 × $1)
= $150 + $50
= $200
Hence,
option (d) $200.00
Hey there,
An increase in net exports will shift the ad curve to the left. T<span>his term means that </span>net exports<span>, defined as </span>exports<span> less imports, is a function of the real exchange rate.
Hope this helps :))
~Top
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Answer: Examples
Explanation:
A persuasive speech is a speech aimed at convincing the audience to accept or believe in the speakers point of view.
factual persuasive speech(speech made to convince the audience about the facts)
value persuasive speech(Speech made based on the values,such as right or wrong etc)
policy persuasive speech(speeches used to convince the audience on a given policy).
EXAMPLES ARE USUALLY ONE OF THE BEST APPROACH TO PERSUASIVE SPEECH.