Answer:
Following are the solution to this question:
Explanation:
In point 1:
The average, women's income is 44% much fewer men's, but on the other hand, and the (Transactions ) For average, 0.44 is lower on average than men's.
In point 2:
The error term is 2.65 default (measured in log points).
In point 3:
The answer is "Yes".
In point 4:
The answer is "No".
Answer:
The correct answer is option b.
Explanation:
The number of units of output sold is 8,000
.
The sales revenue is $9,600,000
.
The variable costs are $6,000,000
.
The fixed costs are $2,600,000.
The price of the product
= 
= 
= $1,200
The average variable cost is
= 
= 
= $750
Profit = TR - TC
Profit = 
$1,270,000 = $1,200Q - $750Q - $2,600,000
$3,870,000 = $450Q
Q = 
Q = 8,600 units
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Answer:
increasing marginal returns, decreasing marginal returns
Explanation:
Increasing marginal returns refer to a situation whereby the marginal product of the variable input (e.g. labor) increases as more of the variable input is added to the fixed input (e.g. capital). This refers Stage I or the Short-run production Stage I whereby the addition of a variable input to a fixed input makes the variable input to be more productive.
On the other hand, decreasing marginal returns or diminishing marginal returns refer to a situation whereby the marginal product of the variable input (e.g. labor) decreases as more of the variable input is added to the fixed input (e.g. capital). This refers to Stage II or the Short-run production Stage II whereby the addition of a variable input to a fixed input makes the variable input to be less productive.
Therefore, The U shapes of ATC are directly or indirectly the result of <u>increasing marginal returns</u> for small quantities of output (Stage I) followed by <u>decreasing marginal returns</u> for large quantities of output (Stage II).
Answer: I25
Explanation: say you had 4 quarters
