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EleoNora [17]
3 years ago
13

Suppose Dexter and Amy are the only members of a community that is trying to determine how much of a public good should be produ

ced. Dexter's (inverse) demand curve is given by P = 50-5Q, while Amy's (inverse) demand curve is given by P = 150-15Q, where P is price or marginal benefit and Q is the quantity of the good. The marginal cost of producing the public good is constant at $80. Amy will vote for the efficient quantity of the public good if the price to her is:
a. $20.
b. $40.
c. $60.
d. $80.
Business
1 answer:
Olin [163]3 years ago
4 0

Answer:

c.

Explanation:

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In a Cobb–Douglas production function the marginal product of labor will increase if:
KengaRu [80]

Answer:

Option "B" is the correct answer to the following statement.

Explanation:

The rise in the labor workforce would raise the productive output of capital in a specific Cobb – Douglas output method, and it will raise the actual rental price of resources.

The gross amount of capital would also rise in the output of Cobb-Douglas if the volume of labor grows.

Under this function, human capital will help in the production of the product, human capital and marginal production are directly proportionate to each other.

3 0
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The owner of a company that produces electronic circuit boards sees many competitors with extra capacity and says, "the only hop
Vedmedyk [2.9K]

Answer:

sales era

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3 years ago
historically, inequities in the amount of money avaliable to local school districts in texas have been the result of
Yuliya22 [10]

Historically, inequities in the quantity of money available to local school districts in Texas have been the effect of

wide deviations in the value of taxable possessions among districts.

<h3>Are all Texas schools ISD?</h3>

Almost all Texas school districts use the title "Independent School District", or ISD. But for Stafford, those few districts that do not have "ISD" in their names are however ISDs.

<h3>Can you live in one school neighborhood and go to another in Texas?</h3>

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6 0
2 years ago
Wiley Company purchased new equipment for $60,000. Wiley paid cash for the equipment. Other costs associated with the equipment
user100 [1]

Answer:

The cost recorded for the equipment=$66,500

Explanation:

When dealing with the total cost of an equipment we take the purchase cost and other additional associated costs that come with the equipment. This can be expressed as;

T=P+A

where;

T=total cost

P=purchase cost

A=additional costs(transportation cost+sales tax+installation cost)

In our case;

T=unknown

P=$60,000

A=(1,000+3,000+2,500)=$6,500

replacing;

T=60,000+6,500=66,500

The total cost=$66,500

The cost recorded for the equipment=$66,500

4 0
3 years ago
What is the difference between real and nominal gross domestic product. A. Nominal GDP for a given year is measured in dollars o
Genrish500 [490]

Answer:

Option A Nominal GDP for a given year is measured in dollars of that year, whereas real GDP is measured in dollars of some based year

Explanation:

The reason is that the nominal GDP includes the affects of inflation of the year whereas Real GDP is inflation excluded amount which means its tells GDP in terms of base year prices. The difference between the nominal GDP and the real GDP is because of inflation which is the only additional thing in the nominal GDP. So the best answer here which gives this explanation is option A.

7 0
3 years ago
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