Answer:
The answers are:
- A) Government tax revenue minus the sum of government purchases and transfer payments to households.
- B) a budget surplus
Explanation:
The formula to calculate public saving is (T - G - TR).
- T stands for all the government revenue through taxes and tariffs.
- G stands for all the government spending including purchase of goods and provision of services.
- TR stands for all the government transfers including payments to individuals and households through social programs (including social security).
Budget surplus is the same as public saving.
They are to set a plan and Have parameters
Answer:
This is based on the micro-economics concept,
MRP=MRC
The principle states that in order to maximize profit a firm should employ the quantity of a resource at which its marginal revenue product (MRP) is equal to its marginal resource cost (MRC)
MRC is the wage rate in pure competition and in this case.
As each worker will bring in at least as much revenue as their wages cost. If the wage was $25, you would hire 4 workers. The MRC is 25 and MRP is 30, thus if a 5th worker would be hired, the amount paid would exceed the MRC, or what is coming in, thus you cannot increase to a fifth worker.
Answer: b. Fawn would call her clients and communicate about what their needs are and how she might be able to help them.
Explanation: For Fawn to be seen as competent, she would have to be able to know how to communicate to her clients about what their needs are and make them understand that she could help them.
Afterwards, she begins to decipher ways to carry it out.
Answer:
The computation is shown below:
Explanation:
The computation is shown below:
Product Total Cost Total Market Lower of Total Cost or Total Market
A $1,368 $1,248 $1,248
($171 × 8 units) ($156 × 8 units)
B $10,300 $9,150 $9,150
($206 × 50 units) ($183 × 50 units)
C $11,454 $10,856 $10,856
($249 × 46 units) ($236 × 46 units)
D $5,530 $4,795 4,795
($158 × 35 units) ($137 × 35 units)
E $9,452 $10,064 $9,452
($278 × 34 units) ($296 × 34 units)
Total $35,501
