Answer:
The correct answer is option A.
Explanation:
In the process of production, several inputs are used to create outputs. These inputs may or may not be varied in the short run. Those inputs that can be varied are called variable inputs, for instance, labor.
Those inputs that cannot be varied in the short run are called fixed inputs. For instance, capital, machinery, etc.
The cost incurred on variable inputs is called a variable cost. This cost changes with the change in the quantity of output produced. The quantity of output varies with the quantity of input employed and so does variable cost.
Answer: $903.13
Explanation:
The marginal cost should be $20 and not $2020
Given the following;
Marginal cost = $20
Q = 105 - 1P
Therefore ;
P = 105 - Q
Total revenue (TR) = Price(P) * Quantity(Q)
TR = (105 -Q)Q
Marginal revenue= 105 - 2Q
For optimal Monopoly;
MR = MC
105 - 2Q = 20
2Q = 105 - 20
Q = 85 ÷ 2
Q = 42.5
Therefore,
P = 105 - Q
P = 105 - 42.5 = 62.5
Social cost = area of triangle
Social cost = 0.5 * 42.5 * 42.5 =903.125
Social cost= $903.13
Answer:
b. sale of a new share of stock to an individual investor
Explanation:
The primary market is where new stocks are created. it is the platform for investors to purchase stocks of an entity that goes public for the first time.
Hence the initial public offer otherwise known as IPO is a good example of a primary market transaction.
As such sale of a new share of stock to an individual investor is a primary market transaction
it cannot be used by itself to produce anything as it is a medium of exchange for economic resources.
<span>The tax rate on $160,500 is 25%. So you will have to convert 25% to a decimal which is .25. You then take .25 and multiply it by 160500. The answer is 40125, then you subtract that by 160500 and get 120375. That is her taxable income and liability.</span>
