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Complete the following table and answer the accompanying questions.
a. At what level of the control variable are net benefits maximized?
b. Illustrate what is the relation between marginal benefit and marginal cost at this level of the control variable?
Control Total Total Net Marginal Marginal MarginalVariable Benefits cost Benefits Benefit Cost Net BenefitQ B(Q) C(Q) N(Q) MB(Q) MC(Q) MNB(Q)
100 1200 950 210 40101 1400 50102 1590 60103 1770 70104 1940 80105 2100 90106 2250 100107 2390 110108 2520 120109 2640 130110 2750 140
Conclude the supply function also inverse supply function for good X. Graph the inverse supply function.
What will happen to the price of the computer in Yuan. Illustrate what will be the effect on Dell's cost of production.
Is the student necessarily better or worse off than before from such a transfer implied by consultant A.
Calculate the equilibrium buyers' also sellers' price with no sales tax also then with the 20% tax Supposed above.
The United States simultaneously limits imports of ethanol for fuel purposes also provides incentives for the utilize of ethanol in gasoline which raise the price of ethanol by about 15 percent.
Explain an economy is initially in equilibrium at the natural level. The central bank increases the money supply.
Elucidate its advantages and disadvantages and suggest appropriate policy prescriptions to deal with the potential shortcomings.
Derive an expression for average cost. Derive an expression for marginal costs.
Assume that you own a 10-acre plot of land that you would like to rent out to wheat farmers.
Illustrate what are the implications of savings and population growth at steady a state in the Solow's neoclassical growth model.
Illustrate what is the value of gross private domestic investment. Illustrate what is the value of net investment.
Specify whether you agree or disagree with the statement as it appears on the topic survey.
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