Simplify what the mass of a 450 centimeter3 block of silicon if the density of silicon is 2.336 grams/centimeter3

Suppose Kittyville's full-employment GDP = $600 billion, and the current equilibrium GDP = $400 billion. The MPC in this economy

s344n2d4d5 [400]

The type of expenditure gap that's illustrated in Kittyville's economy is a recessionary expenditure.

<h3>What is expenditure gap?</h3>

It should be noted that an expenditure gap is when the demand for goods and services is more than the production.

In order to correct the gap, the economy hired the economist who suggested that there should be an increase in government spending and decrease in taxation.

Also, the change in government spending will be:

= Change in income b× (1 - MPC)

= $200 × (1 - 0.9)

= $20 billion.

Learn more about expenditure on:

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6 0

2 years ago

A monopoly's cost function is CQ and its the demand for its product is pQ where Q is output, p is price, and C is the total c

Elan Coil [88]

Answer:

The answer is "70 units".

Explanation:

In the given question some equation is missing which can be defined as follows:

$C = 1.5Q^2+40Q\\\\P=320-0.5Q$

Monopolistic functions are used where Marginal Profit = Marginal Cost where marginal revenue and marginal cost stand for the MR and MC.

Finding the value of MR :

$\ MR = \frac{\partial TR}{\partial Q} \\\\$

$= \frac{\partial PQ}{\partial Q} \\\\= \frac{\partial (320-0.5Q)Q}{\partial Q}$

$= \frac{\partial (320Q -0.5Q^2)}{\partial Q}\\\\ = \frac{\partial Q (320 -0.5Q)}{\partial Q}\\\\ \ by \ solving \ we \ get \\\\ = 320 - Q...(1)$

Calculating the value of the MC:

$MC = \frac{\partial TC}{\partial Q} \\$

$=\frac{\partial (1.5Q^2 + 40Q)}{\partial Q} \\\\=\frac{\partial Q (1.5Q + 40)}{\partial Q}\\\\ \ by \ solve \ value \\\\ = 3Q + 40....(2)$

compare the above equation (i) and (ii):

$\to 320 -Q = 3Q+40\\\\\to 320 -40 = 3Q+ Q\\\\\to 280 = 4Q\\\\\to 4Q =280 \\\\\to Q= \frac{280}{4}\\\\\to Q= 70 \\$

8 0

3 years ago

Crane purchases equipment by signing a note payable with the equipment dealer for $10,000. The accounts affected for Crane are _

maxonik [38]

Answer:

Equipment and notes payable

Explanation:

Since the equipment is purchased by signing the note payable which affected the two accounts i.e equipment and the note payable. In this, the cash transaction is not involved, so cash should not be considered

The journal entry would be

Equipment A/c Dr $10,000

To Notes payable $10,000

(Being the equipment is purchased by signing a note payable)

7 0

3 years ago

The new CFO thinks that inventories are excessive and could be lowered sufficiently to cause the current ratio to equal the indu

yan [13]

Answer:

4.50%

Explanation:

Note:<em> Question is incomplete but very similar one is attached as picture below</em>

Current ROE = Net Income / Equity = $21,000 / $280,000 = 7.50%

Current Inventory = $210,000

Target Current ratio = 2.70

1. Current assets at target Current ratio = Current Liabilities * Target current ratio = $70000 * 2.70 = $189,000

2. Reduction in Inventories = Present Current assets - Current assets under target current ratio

Reduction in Inventories = $14000 + $70000 + $210000 - $189000

Reduction in Inventories = $105000

3. Reduction on common equity using sale of inventory = Current Equity - reduction

Reduction on common equity using sale of inventory = $280,000 - $105,000

Reduction on common equity using sale of inventory = $175,000

4. Change in ROE = New ROE - Current ROE

Change in ROE = [21000 / 175000] - 7.50%

Change in ROE = 12% - 7.50%

Change in ROE = 4.50%

4 0

3 years ago

_______ is best described as the difference between the value a consumer attaches to a good or service and what he or she paid f

zysi [14]

Consumer Surplus

This is the difference between what consumers are willing and able to pay and what they actually do pay. You may be willing to spend up to $100 on a new pair of shoes but if you find the perfect pair on sale for $20 you will buy those and there will be an $80 surplus.

5 0

3 years ago