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kiruha [24]
3 years ago
15

Deontologist would agree that the increasing medical concern over obesity in the United States justified federal regulation of h

igh fat, hi sugar, low nutrition food advisor advertising during children's television programs.
Business
1 answer:
KonstantinChe [14]3 years ago
7 0

Explanation:

Yes it is true that the advertisements during the children's program are responsible for increasing the craving of children for junk food which contains high calorie, high fat, high sugar and and low nutritional values.

These negative food habits are causing the obesity in the young children in the United States. The USDA has updated its "MyPlate" in 2011 to give information about the right food habits which are good for nutritional value  to the U.S citizens.

 

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Unlike excise taxes, price ceilings create no deadweight loss. <br> a. True <br> b. False
ale4655 [162]
False. Price ceilings, provided there are no other government policies in place, will cause deadweight loss. Diagram provided.

5 0
3 years ago
You are given the market demand function Q=2800-1000p, and that each duopoly firm's marginal cost is $0.07 per unit, which impli
Fed [463]

Answer:

q1 = 910

q2 = 910

Explanation:

Given:

Q = 2800 - 1000p

Marginal cost = $0.07 per unit

Q = 2800 - 1000p

p = \frac{2800 - Q}{1000}

p = \frac{2800- q_1 - q_2}{1000}

Let's calculate profit of firm 1:

TR = p1 q1

= \frac{2800 q_1 - q_1^2 - q_1 q_2}{1000}

MR = \frac{2800 - 2q_1 - q_2}{1000}

MR = MC = 0.07

\frac{2800 - 2q_1 - q_2}{1000} = 0.07

Cross multiplying:

2800 - 2q₁ - q₂ = 70

2800 - 2q₁ = 70 + q₂

2800 - 70 - 2q₁ = q₂

2730 - 2q₁ = q₂...............(1)

Let's calculate profit of firm 2:

TR = p₁ q₂

= \frac{2800 q_2 - q_1 - q_2^2}{1000}

\frac{2800 - q_1 - 2q_2}{1000} = MR

MR = MC = 0.07

\frac{2800 - q_1 - 2q_2}{1000} = 0.07

Cross multiplying:

2800 - q₁ - 2q₂ = 70

2800 - 2q₂ = 70 + q₁

2800 - 70 - 2q₂ = q₁

2730 - 2q₂ = q₁................... (2)

Substitute 2730 - 2q₂ for q₁ in (1)...

Thus:

2730 - 2q₁ = q₂

2730 - 2(2730 - 2q₂) = q₂

2730 - 5460 + 4q₂ = q₂

-2730 + 4q₂ = q₂

-2730 = q₂ - 4q₂

-2730 = - 3q₂

q₂ = -2730/-3

q₂ = 910

Substituting 910 for q₂ in (2):

2730 - 2q₂ = q₁

2730 - 2(910)= q₁

2730 - 1820 = q₁

910 = q₁

q₁ = 910

The Cournot equilibrium quantities are: q₁= 910; and q₂ = 910

3 0
3 years ago
Financial planning involves building wealth in a short period of time<br> True<br> False
Artist 52 [7]

Answer:

I think its true, have an amazing day :D

Explanation:

3 0
3 years ago
Assume that Georgia has exports of $ 50 billion, imports of $45 billion, and GDP of $200 billion. What is Georgia's level of tra
Luba_88 [7]

Answer: 25%

Explanation:

Level of trade is simply calculated as the percentage of export of a particular country to its share of the gross domestic product.

Based on the scenario given in the question, the level of trade will be:

= (Exports / GDP) × 100

= 50/200 × 100.

= 1/4 × 100

= 25%

6 0
3 years ago
Suppose that Katniss and Peeta have been exiled on a deserted island. To feed themselves, they need to catch fish and hunt rabbi
Lunna [17]

Answer:

<u>For trade to be mutually beneficial, the price of a rabbit should be more than _0.75__fish but less than_2_fishes</u>

Explanation:

1. Let's review the information provided to us to answer the question correctly:

Katniss can catch 40 fish if she spends all her time fishing

Katniss can catch 20 rabbits if she spends all her time hunting

Peeta can catch 8 fish if she spends all her time fishing

Peeta can catch 12 rabbits if she spends all her time hunting

2. Suppose Katniss and Peeta specialize and trade. For trade to be mutually beneficial, the price of a rabbit should be more than ___fish but less than___fish

For answering this question, we need to calculate the cost of opportunity of Katniss and Peeta after they start to specialize and trade. According to the information given, Katniss is more efficient fishing and Peeta is more efficient hunting rabbits.

The cost of opportunity of Katniss hunting one rabbit is two fishes. In the same amount of time she can fish twice as many rabbits she can hunt (40/20).

The cost of opportunity of Peeta hunting one rabbit is 0.75 fishes. In the same amount of time he can fish 0.75 as many rabbits he can hunt (8/12).

<u>Upon saying that, for trade to be mutually beneficial, the price of a rabbit should be more than _0.75__fish but less than_2_fishes.</u>

3 0
3 years ago
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