When creating advertisement for an Italian restaurant, you should include information about Italian food in the description. This will serve to arouse the interest of the reader and compel them to patronize the restaurant.
Answer:
Firm A will buy all of the firm B's pollution permits. Each one will cost between $100 and $200.
Explanation:
The firm B will gain from the trade of pollution permits. Firm A will need higher pollution permits since it emits 100 tons of chemicals into air and the cost for eliminating each ton is $200. This cost is higher than the cost to Firm B which is $100 only. Firm A will buy all the pollution permits from Firm B and there will advantage for the Firm B to gain from the trade.
It is referred to as a life savings account<span />
1) Mixed economies are a mix of Command (regulated by the government) and free (Market) economy - the answer is b)
2)Today most countries have a mixed economy, there are few (such as North Korea) which have a command economy, but none have a true free market (for example drugs are regulated)
3)Inflation means that one needs more money to buy the same goods - this is measured by a rising Consumer Prize index (answer d)
4) this indicator would be a steady, but low inflation - but inflation is bad for the economy but lack of inflation is not really stable
Answer:
The optimal usage of fabric = 2
Explanation:
Given the quantity, Q = 10 + 4F - (1/3) F^3
Selling price = $20
Profit = TR - TC
There is no variable cost and let the fixed cost is constant G.
Profit = PQ - G
Profit = 20(10 + 4F − (1/3)F^3)) - G = 0
Now take the first order derivative:
d(profit) / dF = 0
20(4 - F^2) = 0
F = 2
Therefore the optimal usage of fabric = 2
