Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
Price (dollars per ticket)
Quantity (tickets per show)
Total Cost (dollars per show)
20
0
1,000
18
100
1,600
16
200
2,200
14
300
2,800
12
400
3,400
10
500
4,000
8
600
4,600
6
700
5,200
4
800
5,800
1. At the market equilibrium price, no children under 10 years old attend the circus. Big Top offers children under 10 a discount of 50 percent. How long will this discount change the consumer surplus and producer surplus? Will Big Top be more efficient by offering the discount to children?
2. If Big Top is regulated to produce the efficient output, what is the quantity of tickets sold, and what would be the price of a ticket, and what would be the consumer surplus?
3. If Big Top is regulated to charge a price equal to average total cost, what is the quantity of tickets sold, the price of a ticket, and economic profit?
4. Draw a graph to illustrate the circus market if regulators set a price cap that enables Big Top to break even. How the deadweight loss in your graph?
Some economists argue that it is possible to raise the standard of living by reducing population growth.
what will be price of wheat, how much total wheat will be demanded and how many wheat farms will there be.
If you want the portfolio to have an expected return equal to that of the market, explain how much should you invest in the risk-free security.
A monopolistically competitive industry such as baked goods also a perfectly competitive industry like wheat farming are alike
U.S. Higher alcohol taxes, more traffic deaths. Why might re be more traffic deaths in states that have higher alcohol taxes.
Provide an appropriately labeled boxplot of the data below and use a randomization test to examine whether the null hypothesis holds that male and female turtles have the same mean serum cholesterol.
Which factors of globalization is involving quality. How might globalization involve your product or service also organization as it tries to achieve quality.
State and elucidate principle of diminishing marginal utility in relation to consumer demand. Illustrate what is production function and how is it relevant to a production manager.
mixed economic systems answer the three fundamental economic questions of what to produce, how to produce, and for whom to produce, including global environments
What is the percent value of the bond in the absence of inflation if the market interest rate is 8%? (b) What would happen to the value of the bond if the inflation rate over the next five years is expected to be 3%?
Find the value of the test statistic (to 3 dec pl). Can we conclude that the proportions have changed during the year.
Use these data to calculate the following:a.Private saving b.Public saving c.Government purchases
Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!
whatsapp: +1-415-670-9521
Phone: +1-415-670-9521
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd