Answer:
The price she should charge for the bundle in order to maximize profit is 9
Explanation:
Solution
The total pistachios sold = 7 * 2 =14
The total almonds sold is = 4*1 = 4
So,
The total of both pistachios and almonds = 14 + 4 + 18
Thus,
we solve for getting average of the two which is:
Getting the average of the two in the bundle = 18/2
=9
Therefore p =9
The answer to the question above is contingent worker. They
are employees or workers who are independent or freelancers in which they are
hired on a per project basis and that they are not considered to be workers who
are permanent on the job.
Answer:
B) steady-state consumption per worker would be higher in a steady state with a lower saving rate.
Explanation:
In the case when the economy is in the steady state along with there is no growth in the population or no change in technology so the marginal product of capital would be lowered than the depreciation rate as the steady sate consumption per worker would be more than the steady state having less saving rate
Therefore the option b is correct
Answer:
A. There is a tax rate at which tax revenues are maximized.
Explanation:
By Laffer Curve definition we can easily understand the relationship between tax rate and tax revenues. It was developed by Arthur Laffer. The Laffer Curve describes that:
- with an optimal tax rate government maximizes total tax revenues
- there is no tax revenue collection at the two extreme tax rates of 0% and 100%
- at the left side of the curve higher tax rates decrease the incentive to work and invest. As a result this leads to to decrease in total tax revenue.
Answer:
b. between $100 and $200
Explanation:
Producer surplus: The producer surplus is a difference between the willing price declared by the producers and the price the producers receives for supplying the goods and services.
In mathematically,
Producer surplus = Willing price - Receiving price
= $400 - $300
= $100