Answer:
a. 8,000 + 1,000 + 3.2Q
b. 27,000 + 3.2Q
c. 15,000 Units
Explanation:
a. The accounting cost function is shown below:-
Accounting cost function = Fixed Leasing and insurance cost + material cost and supplied cost
= 8,000 + 1,000 + 3.2Q
b. The economic cost function is shown below:-
Economic cost function = Accounting cost + Opportunity cost
= 9,000 + 3.2Q + 3*6,000
=27,000 + 3.2Q
c. The computation of break even point is shown below:-
Break even Point = Total Fixed Cost ÷ Price - Average Variable cost
= 27,000 ÷ 5 - 3.2
= 15,000 Units
Answer:
How did Carter plan to achieve his goals regarding the hostages?
Check all of the boxes that apply.
Convince Iran that the real danger was the Soviet Union, not the United States.
Team up with Iraq to invade Iran.
Get help from other countries to express disapproval of Iran’s actions.
Send many troops in to free the hostages at any cost.
Explanation:
How did Carter plan to achieve his goals regarding the hostages?
Check all of the boxes that apply.
Convince Iran that the real danger was the Soviet Union, not the United States.
Team up with Iraq to invade Iran.
Get help from other countries to express disapproval of Iran’s actions.
Send many troops in to free the hostages at any cost.
Answer:
C. cyclical unemployment rate is 4 percent.
Explanation:
The cyclical unemployment is associated with business cycles of recessions and expansions. The actual unemployment rate is given by the natural rate of unemployment added to the cyclical unemployment rate. In this case, the cyclical unemployment rate is:
The answer is C. cyclical unemployment rate is 4 percent.
The term BUSINESS CYCLE is a popular way to describe the rescission-expansion pattern followed by the economy.
Answer:
E. The quantity of beef supplied decreases and the supply of beef is unchanged.
Explanation:
In the market for beef, the price of a pound of beef falls. The effect is "the quantity of beef supplied decreases and the supply of beef is <u>unchanged</u>. The reason is that any price change of the product will not shift the demand or supply but changes the quantity supplied.
