Maximize the following equation: w (x, y) = -3x2 + 30x – 6y² + 48y | Subject to x + y = 5 O x=2.33; y=2.67 O x=3.33; y=2.67 O x=2.33; y=3.67 O x=12.33; y=12.67
Q: 1. In the Malthusian model, suppose that the quantity of land increases. Using diagrams, determine…
A: A Malthusian growth model, often known as a basic exponential growth model, is simply exponential…
Q: Explain what effect a reduction in the future expected interest rate will have on the IS curve and M…
A: The IS-LM model, is "investment-savings" (IS), and "liquidity preference-money supply" (LM) is a…
Q: -When you begin working in an industry if given the opportunity to choose the method by which you…
A: Below is the formula to find the future worth and present worth: Future Value = Present Value 1 +…
Q: Total Total Total Average Average Average Product Fixed Variable Total Marginal Fixed Variable Total…
A: Total cost is the sum of fixed cost and variable cost. Fixed cost is constant throughout the…
Q: An increase in the price of gasoline leads to an increase in the demand for small cars. An increase…
A: Derived demand is a financial term that alludes to the demand for a decent or administration that…
Q: valuate the economic imperative of innovation in healthcare examining the costs of innovation and…
A: In economics, innovation basically refers to the creation and implementation of new ideas and…
Q: A contractor imported a bulldozer for his job, paying Ph 250000 to the manufacturer. Freight and…
A: The correct answer is given in the second step.
Q: Under certain circumstances, it is possible for unions to better their interests by affecting or…
A: A Union is defined as an association of traders or workers who try to protect their rights and…
Q: According to Classical Point of view A) Cyclical Unemployment might occur temporarily B) All goods…
A: Classical economics is a term that refers to the dominant school of thought for economics in the…
Q: “ The Third Wave in coffee refers to the growth of small, independent coffee roasters who developed…
A: Since you have posted a question with multiple sub-parts, we will solve first three sub-parts. In…
Q: In the accompanying diagram, what is the value of K on the left-hand cash-flow diagram that is…
A: Given:- i=12% Left hand cash flow diagram=right hand cash flow diagram To calculate:- Value of K=?
Q: 17. When a large country imposes an import tariff on good X O a. Domestic production of good X…
A: When quantity demanded exceeds quantity supplied the country will import the good because it has the…
Q: 12. A car dealer advertise the sale of a car model for a cash price of P280,000. If purchased on…
A: Given cash price of car = 280,000 P Down payment = 15 % of price = 42000 Remaining balance to be…
Q: Determine the present value equivalent of a geometric sequence of annual cash flows starting at P…
A: We have given Cash flow at end of 3rd year =1000 g=5% i=12% We have to find the present value.
Q: Do consumer behavior strategic recommendations- Words Required: 600
A: Consumer is a person or an individual who buys goods and services at a common price. It is the price…
Q: Country A's payoff If majority invest If majority does not invest Country A does not invest Country…
A: Given: Country A's payoff Country A invest Country A does not invest If majority invest 1 2…
Q: Suppose that banks are required to hold reserves equal to at least 4 per cent of their deposits and…
A: We have given Required reserve ratio =4% Desired holding of currency by the nonbank public (…
Q: A coal-fired power plant has upgraded an emission control valve. The modification costs only $5,000…
A: Present value refers to the current value for a series of future sum of money or a series of cash…
Q: 13. Envelope Curve III Consider a perfectly competitive increasing-cost industry with n identical…
A: Perfect competitive market is market which runs with n number of buyers and sellers. Under this…
Q: How do you think globalization has affected the economy over the past decade? In your explanation,…
A: Globalization refers to the movement of goods and services accross the world. This implies when…
Q: What type of industry is described by the term "perfect competition"? an industry in which numerous…
A: In perfectly competitive market, price is constant so it is equal to marginal revenue and profit is…
Q: Within the classical form of the quantity theory, the demand for money is given by Md = kPY. Suppose…
A: Given: The demand for money is given by Md = kPY Income is given at = 400 units The money supply (M)…
Q: For the nonconventional net cash flow series shown, the xternal rate of netun per year usg the Mst…
A: An unconventional cash flow is a progression of internal and outward cash flows after some time…
Q: iscuss money supply and inappropriate government policies as causes of economic fluctuations
A: The total amount of money in circulation, including cash, coins, and checking account balances, is…
Q: 6. A plant's production function is Q(L,K) = 2KL + K. The price of labor services, w, is $4, and the…
A: The amount of product produced determines variable costs. Labor and raw materials are examples of…
Q: An industrial plant bought a generator set for P120, 000. Other expenses including installation…
A: Depreciation means diminishing the value of assets over period of time . There are various methods .…
Q: Say that the marginal revenue brought by hiring a worker is at P600/day, and the minimum wage is…
A: Here, it is given that the marginal revenue from hiring one more worker by the firm is $600/day,…
Q: urope, Southern Europe and the United Kingdom. Each region had three technologies to abate. The…
A:
Q: Jack’s preferences are represented by the utility function U = XY^2. PX = 1, PY = 1.5 and his budget…
A:
Q: 3. The government is considering raising the tax rate on labor income. Explain the supply-side…
A: a. The labor supply will dwindle. The supply of labor curve shifts leftward from LS0 to LS1 as seen…
Q: Homework 3 B. Dominant firm model questions Assume a market of a crude oil market. The world demand…
A: Given information World demand curve= 150-3Pd MCd=5+0.4Qd MCs=30+Qs
Q: Suppose that there are two firms producing a homogenous product and competing in Cournot fashion and…
A: Q = 240 - (P/3) 3Q = 720 - P P = 720 - 3Q = 720 - 3Q1 - 3Q2 [as Q = Q1 + Q2] Since TC = 0, MC = 0…
Q: Jean deposited P1,000, P1,500 and P2,000 at the end of the 2nd year, 3rd year and 4th year,…
A: Given Information Jean Deposits At the end of 2nd year=P1000 At the end of 3rd year=P1500 At the end…
Q: 12
A: The minimum wage is the lowest level of wage limit set by the government that is to be paid to the…
Q: 27. Use 2-diagrams, one for unionized and the other for non-unionized sector where both markets are…
A: Dear learner you have posted multiple questions, as per our policy we have solved only first…
Q: Why does the country’s population continue to increase (in number) despite government’s efforts to…
A: Population basically refers to the total number of people living in a nation, city, or territory.A…
Q: In the Aggregate Demand and Aggregate Supply model, an increase in consumer confidence will: O…
A: Aggregate demand curve slopes downward, it shows an inverse relationship between price level and…
Q: Consumers in a certain state can choose between three long-distance telephone services: GTT, NCJ.…
A: We have the Markov transition matrix. .85 .1 .05 .2 .5 .3 .3 .15 .55 We then solve for the…
Q: In the accompanying diagram, what is the value of K on the left-hand cash-flow diagram that is…
A: We have given two cash flows, the second cash flow is having uniform gradient series from the end…
Q: For each price shown in the following table, use the given information to enter the quantity…
A: A consumer purchases a product when the price he pays is equal to or less than the willingness to…
Q: In Straight Line depreciation, the book value at the end of the depreciable life is equal to the…
A: When purchasing an asset, it can be seen that some value of the asset reduces overtime due to its…
Q: For a product with external benefits like vaccines (positive externality), which of the following is…
A: Externalities: Externalities are the cost or benefits that are incurred or received by the third…
Q: his question refers to Figure 1 below (pp. 272). Which of the following countries experienced the…
A: Inflation means the rise in the price level of goods and services over a period of time. It means…
Q: 1. Identify how the following factors affecting demand impacts the given goods/services. (POSITIVE,…
A: An inferior good is such a product or service whose usage decreases with increasing income. For…
Q: In the IS-LM model, what is the effect of an increase in government purchases? Draw an IS-LM diagram…
A: IS curve depicts the locus of all the points where the goods market is in equilibrium . IS relation…
Q: 3. The following data are known: Income (Y) Comumption(C) Interestrate () Invest ment (1) 200 180 80…
A: (a) Consumption function has two components that comprises autonomous consumption (consumption when…
Q: Acertain industrial equipment has a maintenance cost of Php 2500.00 per month for the first year of…
A: The amount that should be invested initially to cover the upcoming maintenance cost should be equal…
Q: Which of the following is true? The width of the federal funds target range is 50 basis…
A: The current federal funds rate is 0.50 % - 0.25 %. There is 25 basis point difference between…
Q: Question 1: What circumstances are like to make the use of pay-for-performance appropriate or…
A: The Pay for performance model, often known as performance-related remuneration, refers to employee…
Q: tion 7 nortization of a debt is in a form of a gradient series of P20,000 on the first year, P19,500…
A: Given that, Gradient series is for 4 years. PW of amortized debt = cashflow / (1× rate)time NPV is…
Trending now
This is a popular solution!
Step by step
Solved in 3 steps with 2 images
- Differentiate the following function: y = (10x – 3)? O Y'= 20( x - 3) O Y'= 20(10x+3) O Y'= 20(10x-3) O Y'= 2 (10x-3)quiz 1 (page 1 of 5) 105 econ مبادئ في الاقتصاد الرياضی ش 2 و ش elearning yu.edu.jo Question 1 Not yet answered Question 3 Marked out of 1.00 Not yet answered Marked out of 1.00 **Assume that you have the following equations: Simplify the following expression: 3X(8x+9)- X(X+7) 4P+4Q=16 2P-Q=2 The equilibrium price is: O a. 23x2 + 20X O a. P=5 O b. X2-30X O b. P=6 O c. 25X2 + 32X Oc. P-2 d. 21X2-24X O d. P-4 e. None of the above O e. None of the above Clear my choice Clear my choice Next page Next page Quiz navigation Quiz navigation 12 31 4 ...Given the functional relationship: y = 14x5/x2 find the value of y when x = 1.5
- Let Var(X) = 25 and Z= 2X + 5 Compute Var (Z)Technology B uses 4 workers and 2 tonnes of coal to produce 100 meters of cloth. The worker's wages cost $10 and coal costs $5. We have previously calculated that the total cost of production is $50 and that the vertical intercept of the isocost line is 10.If there was a technology that used 1 more worker, how much would it have to decrease the coal required in order to cost the same? (Note: this is the absolute value of the slope of the isocost line.)Find f'(x). T(x) = 2x° (x* - 2) 5 f'(x) =O
- The revenue (in dollars) from the sale of x car seats for infants is given by the following function. R(x)=64x-0.020x² 0≤x≤3200 (A) Find the average change in revenue if production is changed from 1,000 car seats to 1,050 car seats. (B) Use the four-step process to find R'(x). (C) Find the revenue and the instantaneous rate of change of revenue at a production level of 1,000 car seats, and interpret the results. ... (A) Find the average change in revenue if production is changed from 1,000 car seats to 1,050 car seats. 23 (Round to one decimal place as needed.) (B) R'(x) =The revenue (in dollars) from the sale of x car seats for infants is given by the following function. R(x) = 56x – 0.020x? 0sxs 2800 (A) Find the average change in revenue if production is changed from 1,000 car seats to 1,050 car seats. (B) Use the four-step process to find R'(x). (C) Find the revenue and the instantaneous rate of change of revenue at a production level of 1,000 car seats, and interpret the results. (A) Find the average change in revenue if production is changed from 1,000 car seats to 1,050 car seats. (Round to one decimal place as needed.) (B) R'(X) = (C) R(1000) = R'(1000) = Interpret these results. Choose the correct answer below. O A. This means that at a production level of 1,000 car seats, the revenue is R(1000) dollars and is decreasing at a rate of R'(1000) dollars per seat. O B. This means that at a production level of 1,000 car seats, the revenue is R'(1000) dollars and is increasing at a rate of R(1000) dollars per seat. O c. This means that at a…A reflecting telescope has a parabolic mirror for which the distance from the vertex to the focus is 34 feet. If the distance across the top of the mirror is 70 inches how deep is the mirror in the center? A) 1225/19584 in. B) 289/35 in. C) 1225/1632 in. D) 1225/136 in. Eliminate the parameter t. Find a rectangular equation for the plane curve defined by the parametric equations. x = t^3 + 1, y = t^3 - 15; -2 lessthanorequalto t lessthanorequalto 2 A) y = x - 16; -7 lessthanorequalto x lessthanorequalto 9 B. y = -x^2; -4 lessthanorequalto x lessthanorequalto 4 C) y = -x - 16; -7 lessthanorequalto x lessthanorequalto 9 D) y = x^3; -3 lessthanorequalto x lessthanorequalto 1 Solve the problem. Round to the nearest if needed. To save for retirement, you decide to deposit $2000 into an IRA at the end of each year for the next 40 years. If the interest rate is 9% per year compounded annually, find the value of the IRA after 40 years. A) $60, 819 B) $24, 330, 719 C) $675, 765 D) $618, 133…
- Advertising A small manufacturing firm collected the following data on advertising expenditures A (in thousands of dollars) and total revenue R (in thousands of dollars). (a) Draw a scatter diagram of the data. Comment on the type of relation that may exist between the two variables (b) The quadratic function of best fit to these data is R(A) = - 7.76A2 + 411.88A + 942.72 Use this function to determine the optimal level of advertising. (c) Use the function to predict the total revenue when the optimal level of advertising is spent. (d) Use a graphing utility to verify that the function given in part (b) is the quadratic function of best fit. (e) Use a graphing utility to draw a scatter diagram of the data, and then graph the quadratic function of best fit on the scatter diagram.Population of Fish in a Lake A lake is stocked with 100 fish. Let f(1) be the number of fish after i months, and suppose that y = f(1) satisfies the differential equation y' = .0004y(1000 – y). Figure 7 shows the graph of the solu- tion to this differential equation. The graph is asymptotic to the line y = 1000, the maximum number of fish that the lake can support. How fast is the fish population growing when it reaches one-half of its maximum population? 1000 800 600 400 200 10 15 Figure 7 Growth of a fish population.Solve the following problems by using the inverse of the matrix involved. (a) An automobile factory producess two models, A and B. Model A requires 1 labor hour to paint and 1 labor hour to polish; model B requires 1 labor hour for each 2 process. During each hour that the assembly line is operating, there are 80 labor hours available for painting and 65 labor hours for polishing. How many of each model can be produced each hour if all the labor hours available are to be utilized? (b) Suppose each model A requires 14 widgets and 10 shims and each model B requires 10 widgets and 7 shims. The factory can obtain 1050 widgets and 745 shims each hour. How many cars of each model can it produce while using all the parts available? (a) Model A: Model B: (b) Model A: Model B: