Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Macroeconomics Expert

A: At 600 units of activity, marginal benefit is (rising, constant, positive, negative) because the tangent line at D is sloping (downward, upward).

B: The marginal benefit of the 600th unit of activity is $_______. Explain how this value of marginal benefit can be computed.

C: At t00 units of activity, decreasing the activity by one unit causes total benefit to (increase, decrease) by $________. At point D, total benefit changes at a rate _______ times as much as activity changes, and TB and A are moving in the (Same, opposite) direction, which means TB and A are (Directly, inversely) related.

D: At 1,000 units of activity, marginal benefit is ________. Why?

E: The marginal cost of the 600th unit of activity is $________. Explain how this value of marginal cost can be computed.

F: At 600 units of activity, decreasing the activity by one unit causes total cost to (increase, decrease) by $________. At point D, total cost changes at a rate ______times as much as activity changes, and TC and A are moving in the (same, opposite) direction, which means TC and A are (directly, inversely) related.

G: Visually, the tangent line at point D appears to be (flatter, Steeper) than the tangent line at pint D, which means that (NB, TB, TC, MB, MC) is larger than (NB, TB, TC, MB, MC).

H: Because point D lies above point D, (NB, TB, TC, MB, MC) is larger than (NB, TB, TC, MB, MC), which means that (NB, TB, TC, MB, MC) is (rising, falling, constant, positive, negative, zero).

Macroeconomics, Economics

  • Category:- Macroeconomics
  • Reference No.:- M92095332
  • Price:- $10

Priced at Now at $10, Verified Solution

Have any Question?


Related Questions in Macroeconomics

Question - in this question i will guide you through a

Question - In this question, I will guide you through a simple AK model. The so-called AK model is a special case of the Solow Model. The production function is simply Y = AK so 1/3 for capital in the last question becom ...

Question to study a macroeconomy we calculate aggregate

Question: To study a macroeconomy we calculate aggregate quantities in real terms because? 1) it is then easier to take logarithms 2)it is the only way to reconcile the three approaches to measuring GDP 3) we want to get ...

Production cost analysis and estimation applied problems

Production Cost Analysis and Estimation Applied Problems - Please complete the following two applied problems: Problem 1: William is the owner of a small pizza shop and is thinking of increasing products and lowering cos ...

Question - the question about african economyin no more

Question - The question about African Economy In no more than about half a page to a page each, answer the following questions: What are your preconceptions of Africa? When you think of Africa, what comes to mind? Be spe ...

Question use an internet search or the university library

Question: Use an internet search or the University Library to locate information on the Consumer Price Index (CPI). Internet sites you might find useful include the Bureau of Labor Statistics (BLS) and the Federal Reserv ...

Introductory macroeconomics assignment -questions1 suppose

Introductory Macroeconomics Assignment - Questions 1. Suppose that the election of a popular candidate suddenly increases people's confidence in the future. Use the model of aggregate demand and aggregate supply to analy ...

Question joe is a thrill seeker and receives utility from

Question: Joe is a thrill seeker and receives utility from working in a risky environment. Assume there are only two types of jobs, riskless and risky. a. Show Joe's reservation price on a graph using indifference curves ...

Question assume that a firm has a monopoly its demand curve

Question: Assume that a firm has a monopoly. Its demand curve is given by the equation P = 60 - Q. It produces its output subject to the following short-run cost equation: C = Q 2 + 20. a. Draw a graph of the monopolist' ...

Question pepsico produces both a cola and a major brand of

Question: PepsiCo produces both a cola and a major brand of potato chips. Coca-Cola produces only drinks. When might it make sense for PepsiCo to divest its potato chip operations? For Coca-Cola to begin manufacturing sn ...

Question - a student buys a used car for 3000 with no money

Question - A student buys a used car for $3000 with no money down. She pays for the car in 30 equal monthly payments with interest at 12% per year compounded monthly. a. What is the monthly loan payment? b. What is the t ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As