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anastassius [24]
3 years ago
14

According to the Child Trends Databank, "In 2006, _____ of all children lived in the home of their grandparents." 5% 25% 50% 75%

Advanced Placement (AP)
1 answer:
svp [43]3 years ago
5 0

Answer:

d

Explanation:

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Both Microville and Macroville have an equal amount of resources and the same access to production technology. The chart below s
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(a) Microville has the absolute advantage producing cars. Because the most it can produce is 10 while Macroville can only produce 5.


(b) The opportunity cost is 5 cars if Macroville decides to use all of its resources and produce 20 boats.

 

(c) Microville has the comparative advantage in producing cars? Because its opportunity cost for 1 car is 1 boat while Macroville's cost for 1 car is 4 boats.


(d) If each country were to specialize in producing either cars or boats and then trade for the other product, Macroville makes 20 boats and Microville makes 10 cars. Each country produces the goods it has a comparative advantage in. Cars for Microville and boats for Macroville.


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3 years ago
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Questions attached below.
luda_lava [24]

No, the price paid by the consumers for the quantity of jet planes will not increase by the same amount as the tax

(a) A correctly labelled graph for demand and supply for jet planes is attached

(b) The solution to the whole of the questions given here is mentioned in the graph attached

(c) Calculating the producer surplus:

Producer surplus = Total Revenue ( TR ) - Total cost ( TC )

Where Total Cost = Cost Average ( AC) * quantity,q

TR = $2000 * 50 = $100,000

TC = $1000 * 50 = $50,000

Product surplus = $10,000 - $50,000 = $50,000

(d) No, the price paid by the consumers for the quantity of jet planes will not increase by the same amount as the tax

(e) In the market for jet planes, the loss in consumer and producer supply will balance than the tax revenue collected by the government as tax

<h3>What is demand and supply?</h3>

Demand simply refers to the quantity of consumers who are willing and able to buy particular products at various prices during a given period of time.

However, supply on the other hand, is a fundamental economic concept which describes the total amount of a specific goods or services that is available to consumers.

So therefore, in the market for jet planes, the loss in consumer and producer supply will balance than the tax revenue collected by the government as tax

Learn more about demand and supply:

brainly.com/question/4804206

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2 years ago
Devon is a 240 pound male who met some friends for drinks at a club around 10:30 pm. The bar closed at 3:00 am, but Devon and hi
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Devon and peter are dead, because Devon also drank A LOT

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3 years ago
Ingeneous definition
Nata [24]

Answer:

innocent and unsuspecting.

Explanation:

this mean some one that is innocent, naive, trusting and honest.

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Brutus argues that in a republic, “the manners, sentiments, and interests of the people should be similar…if not, there will be
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Diverse opinions are necessary becuase if you have a small group of people who agree on all of the same things, then you won't get different perspectives and typically things will go unchanged if they don't think of the problem as something that affects them.

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