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Agata [3.3K]
3 years ago
12

Sarah's Machinery Company is deciding to dump its current technology A for a new technology B with smaller fixed costs but bigge

r MCs. The current technology has fixed costs of $500 and MCs of $50 whereas the new technology has fixed costs of $250 and marginal costs of $100. At what quantity is Sarah's Machinery Company indifferent between two technologies?
Business
1 answer:
Montano1993 [528]3 years ago
7 0

Answer:

The quantity that Sarah's Machinery Company is indifferent between two technologies is 5.

Explanation:

We are looking for the quantity that Sarah's Machinery Company is  indifferent between two technologies,  so we have to find the quantity that the total cost with technology A is the same to the total cost with technology B

Total cost  technology A=500+50x

Total cost  technology B=250+100x

500+50x=250+100x

500-250=100x-50x

250=50x

x=250/50=5

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Perfect elasticity and zero elasticity refer to the same event, which occurs when quantity demanded or quantity supplied change
larisa86 [58]

Answer:

b

Explanation:

perfectly elasticity is when at an existing price quantity demanded can increase or decrease.the numerical co efficient is always infinity ♾️

5 0
3 years ago
If you could replace all of the grass in the world with something else, what would it be and why?
dedylja [7]

Answer:

I would replace it with cannabis, everyone is happier when there is green :)

Explanation:

4 0
2 years ago
Read 2 more answers
Tom produces commemorative t-shirts in a competitive market. if tom decides to decrease his output, this will
wolverine [178]

In a competitive market, a large number of producers compete with each other to satisfy the needs of their consumers. In here, no one or group of producers can dictate the price.  <span>They have only one major decision to make—and that is, what quantity to produce.  Therefore, when Tom decided to produce commemorative t-shirts, and decrease his output, This decision did not increase his revenue, since did not lead to higher market price nor the competitors will decrease their output. </span><span> The answer is C. decrease his revenue, for price remains the same.</span>

6 0
3 years ago
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You were left $100,000 in a trust fund set up by your grandfather. The fund pays 6.5% interest. You must spend the money on your
pickupchik [31]

Answer:

The answer is 27,408.71

Explanation:

Solution

Recall that:

You were left with a trust fund of =$100,00

Interest rate = 6.5%

Money with drawled = 4 installments

Now,

The step to take is to find you could withdraw currently at the start of each of the next 3 years with a zero account to end up with.

Now,

100, 00 = X (1 - (1.065)^-4/.065/1.065

We now solve for X

Thus

X =7,408.71

By applying or using a financial calculator

We arrange it to an annuity due setting - [2nd] [BGN] then [2nd] [Set] this will set it to mode "BGN"

So,

N = 4

I/Y = 6.5

PV = -100,000

FV = 0

CPT PMT

The payments are known to to be 27,408.71

Note : Kindly find an attached copy of the Financial calculator below

3 0
3 years ago
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Suppose the consumer confidence index increases from 103 to 146. How does this change effect the AD/AS model
Darina [25.2K]

The AS curve shifts to the left.

The Consumer Confidence Index is an economic indicator published by various organizations in several countries. Simply put, rising consumer confidence is an indication of the economic growth that consumers are spending and an increase in consumption.

When the latest index exceeds 100, consumers will be more confident than in 1985. Below 100, consumers are less confident than they were then.

Consumer confidence is an economic indicator. It measures how confident consumers are about the general state of the economy. It also measures how confident people are about income stability. Their self-confidence influences not only their financial decisions but their spending activities.

Learn more about the consumer confidence index here:brainly.com/question/25122933

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2 years ago
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