Your career should match your __________, your interests, and your abilities.

Important guidelines for the use of statistics in a speech?

Katyanochek1 [597]

Use reputable, authoritative, unbiased sources for your statistics

4 0

3 years ago

Who has the comparative advantage in the production of corn? jakejaneboth jake and jane.neither jake nor jane.

Pachacha [2.7K]

Jake has a comparative advantage in the production of corn.

<h3>Who has a comparative advantage?</h3>

A person has comparative advantage in production if it produces at a lower opportunity cost when compared to other people. Opportunity good is the number of goods that have to be given up in order to produce a good.

Opportunity cost for:

Jake : 20 / 80 = 0.25

Jane: 40 / 40 = 1

Jake has a lower opportunity cost. He has a comparative advantage in the production of corn

Please find attached the table used in answering this question. To learn more about comparative advantage, please check: brainly.com/question/25139916

#SPJ1

4 0

2 years ago

Suppose there are 1.000 identical firms producing diamonds. Let the total cost function for each firm be given by C(q, w) = q2 +

alexandr402 [8]

Answer:

For the price of $20 = $3,333.33

For the price of $21 = $3,500

Kindly go through the explanation for the other answers required.

Explanation:

(a)

C = q2 +wq = q2 + 10q

Firm's short run supply curve is its marginal cost (MC) schedule.

MC = dC / dq = 2q + 10

So, supply curve is: p = 2q + 10

Or,

q = (p - 10) / 2 = 0.5p - 5

Total industry supply, Q = 1,000 x q = 500p - 5,000

p = (Q + 5,000) / 500 [Industry supply curve]

When p = 20, Q = 500 x 20 - 5,000 = 5,000 [Number of diamonds supplied]

When p = 21, Q = 500 x 21 - 5,000 = 5,500

So, when P = 21, 500 more diamonds will be supplied.

(b)

(i)

If w = 0.002Q then

w = 0.002 x (1000q) [Since Q = 1000q]

w = 2q

C = q2 +wq = q2 + (2q)q = 3q2

So, MC = dC / dq = 6q

MC = 6 x (Q / 1000)

So, MC depends on Q.

(ii)

Long run supply schedule is when price = MC

p = 6q = 6 x (Q / 1000)

p = 3Q / 500 [Long run industry supply schedule]

(iii) When p = 20, Q = p x (500/3) = 20 x 500 / 3 = 3,333.33

(iv) When p = 21, Q = p x (500 / 3) = 21 x 500 / 3 = 3,500

(v) Short run supply curve is the positive part of MC.

p = 6q

Therefore, the SR supply curve is a straight line from origin, sloping upwards.

8 0

3 years ago

What are the disadvantages of choosing the lease? Check all that apply.

Dmitriy789 [7]

1,2, and 5 are the answers

6 0

3 years ago

Read 2 more answers

"Which of the following are covered under the Securities Exchange Act of 1934? I Registration of new issues II Stabilization of

OleMash [197]

Answer: II. stabilization of new issues

III. registration of exchanges

IV. registration of broker-dealers

Explanation:

The Securities Exchange Act of 1934 was put in place in order to be in charge of security trading.

From the options, those that are covered under the Securities Exchange Act of 1934 include the stabilization of new issues, the registration of exchanges and the registration of broker/dealers.

It should be noted that the Securities Exchange Act of 1934 does not cover the registration of new issues.

6 0

3 years ago