Answer:
Comparative advantage.
Explanation:
Comparative advantage is the ability to produce good and services at a lower opportunity cost compared to others , leading to lower selling price and competitive advantage over others .
Specialization is about concentrating on producing a few products in order to
build brands , expertise and gain maximum productivity leading to a reduction in selling price and a comparative advantage.
The goal of the political campaigns is to influence the decision making process. I<span>deas that the candidate wants to share with the voters are presented.
</span>Campaigns start anywhere from several months to several years before election day. The first part of any campaign for a candidate is deciding to run. Then c<span>andidates travel around the area they are running in and meet with voters.</span><span>
Campaigns focus on their get out and Vote efforts in the last days before the general election.</span>
Answer:
<u>Monopoly</u>
P = $20.00
Q = 10,000
<u>Socically Efficient:</u>
P = $16.80
Q = 14,000
The monopoly generates a deadthweight loss to maximize their gain.
In the socially efficient situation, there is no deadthweight loss threfore this makes the economy as a whole better.
Explanation:
Price = 28 - 0.0008Q
Marginal Cost = 0.0012Q
Revenue: P x Q = (28 - 0.0008Q) x Q = 28Q - 0.0008Q²
Marginal Revenue:
R' = R(q) / dq = 28 -0.0016Q
We want to produce and sale until marginal revenue matches marginal cost:
28 -0.0016Q = 0.0012Q
28 = 0.0028Q
Q = 28 / 0.0028 = 10,000
P = 28 - 0.0008 (10,000) =
P = 28 - 8 = 20.00
The social efficiency will be that Price equals Marginal Cost.
28 - 0.008Q = 0.0012Q
28 = 0.0020Q
28 / 0.0020 = Q = 14,000
P = 28 - 0.0008(14,000) = 28 - 11.2 = 16,8
Im guessing the 3rd or the first Idunno
Answer:
a. $11,760.
Explanation:
Straight line depreciation expense = (Cost of asset - Salvage value) / useful life
Cost of asset = $60,000 + $8,000 + $2,800 = $70,800
($78,800 - $12,000) / 5 = $11,760.
I hope my answer helps you
