Answer:
Explanation:
a )
At equilibrium price , total demand = total supply
60 – 2P = -10 + 5P
7P = 70
P = 10 .
quantity produced Q = 60 - 2P = 60 - 2 x 10 = 40 .
b )
cost function C = 16 + 2Q + Q²
marginal cost MC = dC / dQ = 2 + 2Q
In the long run , no profit , or
marginal cost = Average cost = Price
2 + 2 Q = 16 + 2Q + Q² / Q
2 Q + 2 Q² = 16 + 2Q + Q²
Q² = 16
Q = 4
Marginal cost = price
Price = 2 + 2 Q
= 2 + 2 x 4
= 10
Same as that in part ( a )
c ) No of firms
Production by one firm = 4
Total production = 40
no of firm = 40 /4 = 10 .
<span>An article that presents original research, like the finding of an experiment or study, conducted by the authors is an example of primary source.
</span>Primary source<span> is also called original </span>source<span> or evidence. It is an artifact, a document, diary, a recording, or original research. The primary source is any </span>source<span> of information that was created at the time under study.</span>
Perhaps show us the 4 possible choices, so we can tell you which is the conflict/struggle? This is a bit of an issue, not a great proof-read question...
<span>When congress increases taxes, private investment is crowded out causing ad to shift more than expected. When workers are hit with higher taxes, they tend to have less incentive to work. That said, the portion of savings is more dependent on the weather or not they are predisposed to save strongly.</span>