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Licemer1 [7]
3 years ago
7

For commodity X, average cost is equal to marginal cost at every level of output. Assuming that the market for X is competitive

and the demand curve is linear, analyze the effects when a unit tax of u dollars is imposed. Now analyze the effects of the same tax assuming that the market for X is a monopoly. Discuss the differences.
Business
1 answer:
yuradex [85]3 years ago
7 0

Answer:

2 3 For commodity X average cost is equal to marginal cost at every level of from ... curve is linear, analyze the effects when a unit tax of u dollars is imposed. Now analyze the effects of the same tax assuming that the market for X is a monopoly. ... Suppose that the demand curve is (where is the number of gallons of liquor ...

Explanation:

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You have 40 years left until retirement and you want to retire with $3,350,000 saved. You plan to deposit 400 dollars into the a
shusha [124]

Answer:

Explanation:

You can solve this using a financial calculator. I'm using TI BA II plus ;

N = 40*12 = 480 months

PV = -10,000

PMT = -400

FV = 3,350,000

then CPT I/Y = 0.856% (this is a monthly rate)

Next, to find the APR, multiply monthly rate by 12;

APR = 0.856% *12 = 10.275%

To <em>"enter percentages as decimals and round to 4 decimals"</em>, APR =0.1028

5 0
4 years ago
In a economy, the government owns the means of production.
Daniel [21]

Answer:

(a) Command

Explanation:

A command economy is also known as planned economy and it can be defined as a type of economy in which the government owns and control the means of production.

This ultimately implies that, in a command economy, the government owns the means of production.

Societies that operate a command economy generally practices communism.

Communism is a system of philosophical, political, social organization and economical ideologies that advocates the elimination of private property but a profit-based economy with public ownership of the means of production.

It ultimately aims to ensure each person contributes and receives according to their abilities and needs.

Vietnam, China and Cuba are examples of communist countries that operate a command economy.

In conclusion, a command economy requires that the method of exchange, distribution, as well as the means of production of goods and services and allocation of resources for production should be controlled or regulated by the public (government) rather than the private sector.

5 0
3 years ago
Hull Company’s record of transactions concerning part X for the month of April was as follows.
olga55 [171]

Answer:1. $7720  

2. $7945

3. $7758

Explanation: 1. First in First out method which means the first inventory to be purchased by company will be the first to be sold.  

Total cost of Sales   = Total number of units Sold * Total Cost of inventory sold    

                                  = 100units*$5+ 300units*$5.30+ 200units*$5.35 + 450units*$5.60

                                   =$7720

Total units sold=1450  we started from first inventory which was the balance of inventory of 100 units downwards up to the 1450th unit sold that was purchased on the 26th of April by the company.

2. Last in first out method is where the last bought inventory is sold first.

Total cost of sales= Total number of units sold * Total cost of units sold =200units$*5.80+ 600units*$5.60+ 200units*$5.35+300units*$5.30+150units*$5.1

=$7945

Total units sold still 1450 but we calculated the cost from the last purchased unit from 30th April to the 1450th unit sold which was on the 12th of April.

3. Average Cost = (Sum of all costs/Total number of costs)* total units sold

                     = (($5+$5.1+$5.3+$5.35+$5.6+$5.8)/6)* 1450

=$7769.58

4 0
3 years ago
Why do basketball players switch teams?<br> Why do they have to sign a paper when they do that?
Anika [276]

It varies from player to player, some do it for better pay and some do it because they don't like the team their with. They have to sign papers because there transferring their services to another franchise, and are agreeing to new terms of contracts. Things that are disclosed in the contracts are things such as payment and how many years they will be bonded by the contract.

6 0
3 years ago
PROJECT: SEGMENTS OF THE TRAVEL INDUSTRY There are six major sectors of the travel industry. Any community that wants to develop
8_murik_8 [283]

Answer:

Sector-specific associations.

Tourism and hospitality human resources organizations.

Training providers.

Educational institutions.

Government branches and ministries in land use, planning, development, environmental, transportation, and other related fields.

Economic development and urban planning offices.

hope this is the correct answer you need

6 0
3 years ago
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