Suppose tie structural equations of 3 economies are given as: AD = C +10 C =250 + 0.8Y I0 = 200 Find the equilibrium values of Y
1 answer:
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Answer:
5/6
5/6 Is the simplified answer the unsimplified answer is 15/18
Answer:
Loss section
Step-by-step explanation:
Given
-- cost
-- revenue
Required
Determine where n = 150 is
To do this, we substitute 150 for n in the given functions
The above shows that the revenue is greater than cost for n = 150.
This implies that, n = 15o is the loss section.