Answer:
Q = 450
P = 35
Explanation:
TR = P x Q = (75 - 0.1Q) x Q = -0.1Q2 + 75Q
Then, Cost = (30Q + 1,000)
Profit: Total revenue - C
-0.1q2 + 75Q - 30q - 1,000 = -0.1q2 + 45q - 1,000
as this is a quadratic function we identify a b c:
a= -0.1 b = 45 x = -1000
the profit maximum point is at the vertex:
-b/2a = -45/ 2(-0.1) = -45/-0.1 = 450
The profit maximize at Q = 450
P = 75 - 0.1x450 = 35
<span>The statement "A 15-year mortgage typically requires higher monthly payments than a 30-year mortgage but the total interest over the life of the loan will be less" is true.
The statement "Buying a single company's stock usually provides a safer return than a stock mutual fund" is true.</span>
Answer:
A equal balance of economic power among buyers and sellers.
Explanation:
For a market to operate smoothly the operational requirement required include:
1. Social Institutions of trust
2. Money as a medium of exchange
3. Individualist institutions related to private and decision making.
When a market is operating smoothly it means that the financial safety net and settlement system works efficiently. Traders can operate seamlessly without delays in payments.
The option that is not a requirement for smooth operation of the market is - equal balance of economic power among buyers and sellers.
Based on the information given the aggregate expenditures must be: $295 billion.
Using this formula
Aggregate expenditure= Consumption expenditures+ Total investment + Exports
Where:
Consumption expenditures=$200 billion
Total investment= $50 billion
Exports=$45 billion
Let plug in the formula
Aggregate expenditure=$200 billion+$50 billion+$45 billion
Aggregate expenditure=$295 billion
Inconclusion the aggregate expenditures must be: $295 billion.
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brainly.com/question/14956152
Answer:
$120
<u>Explanation</u>:
Yes Person B must be willing to pay an amount that would cover the marginal cost of the product.
Remember, the marginal cost is the cost per unit of a product not the sales cost. Therefore, the total value paid should cover the marginal cost.
