Answer:
267 output
Explanation:
The computation of the output produced in the short run is shown below:
As it is given that
AVC i.e average variable cost function = 4.0 - 0.0024Q + 0.000006Q^2
And,
FC i.e fixed cost = $500.
Plus we know that
Total variable cost i.e TVC = AVC × Q i.e Quantity
So,
AVC × Q = TVC
= 4Q - 0.0024Q^2 + 0.000006Q^3
And,
The total cost = Total variable cost + Fixed cost
So,
TC = TVC + FC
= 4Q-.0024Q^2 + .000006Q^3 +$500.
And, the MC i.e marginal cost is
= Total cost ÷ Quantity
MC = 4 - 0.0048Q + 0.000018Q^2
MC = 4
So,
Price = MC i.e 4
4 - .0048Q + .000018Q^2 = 4
So after solving this Q is 266.67 i.e 267 output
A typical session of Congress lasts on average, 138 days for the House of Representatives in 162 days for the Senate.
Hope this helps!
Answer:
c. recessionary gap; increase spending
Explanation:
When the country's economy is operating at an unemployment rate that is higher than its natural rate of unemployment, that means a lower level of consumer demand due to the fact that more number of people don't have jobs. Which in turn implies lower production level and thus lower GDP and thus causes a recessionary gap. In order to fill this recessionary gap the government should increase spending so as to boost money into the economy which will then boost consumer demand and thereby production level will increase and in turn will fill the gap.
You need to analyze your personal achievements, or B. Without doing this, there is nothing to put on your resume.
Answer:
$937.50 Gain
Explanation:
The computation of the gain or loss is shown below:
= (Future contract per pound - appreciated value per pound) × amount of each pounds future contract
= ($1.4400 - $1.4250) × £62,500
= $0.0150 × £62,500
= $937.50 Gain
We simply deduct the appreciated value per pound from the future contract per pound and multiply it with the future contract amount so that the accurate value can come.