If the government agreed to purchase the surplus output and introduced a guaranteed price floor of $40, then most likely the government <span>'s total support payments to producers would be $4000 per week. We have a 180 quantity demanded and we have 280 quantity supplied, we will get the surplus by subtracting the supply by demand. So, 280 - 180 = 100 x price of 40 = 4000.</span>
Answer: Critical resources
Explanation:
The critical resources are the types of resources that are only used for one time when the schedule gets increased and it basically refers to the time when the resources become overloaded.
According to the question, the Remington arms basically analyzing its specific capacity for exploiting the various types of new products and the services in the market.
In this process, the organization is typically evaluating its available capital in an organization and the various types of technical and the management expertise.
Therefore, Critical resources is the correct answer.
What should be the basic goal of a firm when it sets a level of output?
The firm should make sure that it maximizes its profits. Maximizing profits means they are making the most they possibly can with the items they are selling or services that are being offered. When they make their overall goals, they need to make sure they are going to be making as much as they possibly can to acheive their long-term goals.
<span>Game theory is the study of math and
logic behind problems and cooperation. It has logical steps that can be used in
making life choices. In game theory, a dominant strategy of Nash equilibrium
exist. Nash equilibrium is reach when players choose their own dominant strategy
in no unilateral profitable deviation from any other players. In addition, no
players would take action as long as other players remain the same. Therefore,
Nash equilibrium is self-enforcing strategy. </span>
Marginal propensity to consume and marginal Propensity to save always equals to each other.you consume only from what you have saved
