Answer:
I do! :)
Explanation:
Please give me brainliest :)
In a condition where MPC is 0.5, a simultaneous increase in both taxes and government spending of $20 will increase GDP by $20. Therefore, the option C holds true.
<h3>What is the significance of GDP?</h3>
GDP of an economy is classified as a total of all the consumer goods and services produced in an economy during a given financial period, usually a year.
An increase in the taxes and government spending in an economy will lead to an increase in the GDP by the same rate. However, the proportion of change depends upon the MPC of an economy.
Therefore, the option C holds true and states regarding the significance of GDP.
Learn more about GDP here:
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The question seems to be incomplete. It has been added below for better reference.
If MPC = 0.5, a simultaneous increase in both taxes and government spending of $20 will _____.
A. decrease GDP by $20.
B. decrease GDP by $40.
C. increase GDP by $20.
D. increase GDP by $40.
Answer:
The amount of set-up cost allocated to each product:
Plus = <u>$2,250 x 19 set-ups</u>
380 units
= $112.50 per unit
Max = <u>$2,250 x 37 set-ups</u>
18,500 units
= $4.50 per unit
The correct answer is D
Explanation:
In order to obtain the amount of set-up allocated to each unit of Plus and Max, there is need to multiply the set-up cost per unit by the number of set-up for each product divided by number of each unit produced.
Answer:
Total Maximized Profit = $2612.5
Explanation:
given data
Total Cost TC = 10(QE + QW)
QE = 100 - 2PE
QW = 100 - PW
solution
we consider here Q is = QE + QW
so total cost TC = 10 Q
we first derive it Marginal Cost by taking derivative of TC w.r.t Q that is
MC =
MC = 10
so when crusty practice price discrimination then it will different marginal revenue from each market is
QE = 100 - 2PE
and
Total Revenue from market E is
E = TRE = QE × PE
E = 100PE - 2PE²
and
Marginal Revenue from E is
E = MRE =
E = 100 - 4PE
and
now we put MRE = MC
100 - 4PE = 10
PE = $22.5
and here QE will be
QE = 100 - 2PE
QE = 100 - 45
QE = 55 units
and
TRE = 55 × 22.5
TRE = $1237.5
and
now Considering second neighborhood W
QW = 100 - PW
so here
TRW = 100PW - PW²
and
MRW = 100 - 2PW
now we equating MRW with MC
so it will be
100 - 2PW = 10
PW = $45
and
Q = 100 - PW
Q = 100-45
Q = 55 units
so
TRW = 55 × 45
TRW = $2475
so here
Total Revenue will be
Total Revenue = TRE + TRW
Total Revenue = $1237.5 + $2475
Total Revenue = $3712.5
and
Total Cost will be
Total Cost = 10(55+55)
Total Cost = $1100
and
Total Maximized Profit will be
Total Maximized Profit = TR -TC
Total Maximized Profit = $3712.5 - $1100
Total Maximized Profit = $2612.5
Answer:
Explanation:
the sources of family income can be classified as to regular income which includes________and irregular income such as________?