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- Using the midpoint formula, be able to determine the elasticity along a demand curve. Price Quantity 7 6 10 4 20 30 40 1. 50 What is the elasticity of demand when the price falls from $4 to $3? 5, 3. 2.The Calhoun Textile Mill is in the process of deciding on a production schedule. It wishesto know how to weave the various fabrics it will produce during the coming quarter. Thesales department has confirmed orders for each of the 15 fabrics produced by Calhoun.These demands are given in the following table. Also given in this table is the variablecost for each fabric. The mill operates continuously during the quarter: 13 weeks, 7 daysa week, and 24 hours a day.There are two types of looms: dobbie and regular. Dobbie looms can be used to makeall fabrics and are the only looms that can weave certain fabrics, such as plaids. The rateof production for each fabric on each type of loom is also given in the table. Note that ifthe production rate is zero, the fabric cannot be woven on that type of loom. Also, if afabric can be woven on each type of loom, then the production rates are equal. Calhounhas 90 regular looms and 15 dobbie looms. For this problem, assume the time requirementto change…15 The ancestors of the Indigenous Peoples of Canada arrived around ago via a land bridge from Siberia, years 17 18 OAN 5.000-10.0000 20 B) 10,000-15.000 Oa s00-1,000 O D) 1.000-1.500
- The graph below shows the market for oats. Price per bushel 10 9 8 7 6 LO 5 4 3 2 1 0 15 45 30 75 105 135 120 150 60 90 Quantity per period (in millions of bushels) D Tools S₂ (i)/16 I tried this but failed can smoneone explain to me10:43 A docs.google.com Your answer Syukri, Iqmal and Amir run the only shop in Wang Ulu. They sell electrical goods such as televisions, washing machines, etc. However, their objectives are different from each other. Syukri wants to make as much profit as he can, Iqmal wants to sell as many goods as he can without losing money, and Amir wants to earn as much revenue as he can. The graph below illustrates their respective profits. (Note: The length of each square on the Y-axis represents RM100, and the length of each square on the X-axis represents 100 units.) What is the quantity for Syukri? Revenue, Cost MC AC Quantity 100 200 300
- TeEpress Smartwork O Homework Smatwors Calege of hiness Onine b My Questions bartely ncia wwnorton.com/132454 Paused !!! Apps P Pandora ntenet Ra O Thesis Creator g Bockshelf Online L M McGra H- Login 9OF 12 QUESTIONS COMPLETED * SUBMIT ANSWER 751 AM P Type here to searchCountry 1 International market Country 2 s2 S2 P. 25 20 20 S1 15 15 15 s1 EIP EIP 10 IP 10 10 5 D2 d2 d1EQ D1 0369 1215182124 0 3 6 9 1215182124 O 0 3 69 1215182124Q 15. At a price of $8, country 1 will offer for export 9 units of this product. seek to import 9 units of this product. choose not to trade. increase supply. P. 25 20 P. 25Country 1 International market Country 2 s2 S2 25 25 25 20 20 20 S1 15 15 15 s1 EIP IP 10 IP 10 10 D2 d2 d1 Q ㅇ D1 03 69 1215182124 03 6 9 1215182124 o 0 369 1215182124Q Q 16. At a price of $20, country 2 will offer for export 9 units of this product. seek to import 9 units of this product. choose not to trade. increase supply. P. 5 P.
- The graph illustrates the unregulated market for pulp and paper. The mills dump their waste in a river that runs through a small town. The marginal external cost of the dumped waste is equal to the marginal private cost of producing the pulp and paper (that is, the marginal social cost of producing the pulp and paper is double the marginal private cost). Suppose that no one owns the river and that the government levies a pollution tax. Draw a point to show marginal social cost if production is 240 tons. Draw the MSC curve and label it. Draw an arrow at the efficient quantity that shows the marginal external cost. The tax per ton of pulp and paper that achieves the efficient quantity of pollution is $ esc 1 q @ 2 W #3 e Selected: none $ r 5 t Oll ... & Y O 7s ae o .co7 .0o 0.00m 1.000 2.000 .000 4.000 s.000 6.000 7 oos s.c00 s.c00.000 Oae 0e 3.000 4.000 s.000 .000 7 p00 .0000ce s0.000 1.000 2.000 3.000 4.000 6.000 6.000 7.000 8.000 9.000 10.000 (Figure: Market Supply Curve) The Accompanying graph contain individual supply curves for the only two firms in a market. Which of the market supply curve is correct? Graph D O None of these options is correct. O Graph C O Graph B O Graph AA stock currently sells for 13 TL per share and pays 0.18 TL per year in dividends. What is an investor's valuation of this stock if she expects it to be selling for 16 TL in onelyear and requires a 10 % return on equity investments? O a. 14,55% O b. 11.82% Oc 14,71% O d. 14,73%