Q. The long-run cost function for LeAnn's telecommunication firm is: C(q) = 0.03q2. A local telecommunication tax of $0.01 has been implemented for each unit LeAnn sells. This implies the marginal cost function becomes: MC(q, t) = 0.06q + t. If LeAnn can sell all the units she produces at the market price of $0.70, Compute LeAnn's optimal output before and after the tax. What effect did the tax have on LeAnn's output level? How LeAnn's did profits change?

How much force is directed horizontally : When these two wires are connected in equivalent to the same battery, describe the reasoning of the steps that allow you to find out which of these wires will consume the greater amount of power by warming up and dissipating this energy as heat. |

Find out the final image distance relative to the lens : Radioactive isotopes frequently occur together in mixtures. Assume a 400g sample contains, with a half-life of 12 days, and, with a half-life of 4.5 days. If there are firstly twice as many calcium atoms as there are barium atoms, what will be the ra.. |

Compute the revised slope : Compute the revised slope of the AE cure and the multiplier when you know that the imports and the marginal tax rate |

What is the resulting average force on that helicopter : A 9.0 cm diameter wire coil is at first oriented so that its plane is perpendicular to a magnetic field of 0.67 T pointing up. During the course of 0.30 s, the field is changed to one of 0.25 T pointing down. What is the average induced emf in coil. |

Optimal output before and after the tax : What effect did the tax have on LeAnn's output level. How LeAnn's did profits change. |

What is the decibel level of street : On a workday an average decibel level of the busy street is 89 dB, with 100 cars passing a given point every minute. If the number of cars is reduced to 30 every minute on a weekend, what is the decibel level of street. |

Compute the deadweight loss : Compute the deadweight loss if the U.S. imposes a tariff of 25 cents per bottle of imported wine. |

Compute the coefficient of variation : Compute the coefficient of variation for each project and Classify the preferred project according to this criterion. |

Find the tension in each wire : The 3.3 kg piece of wood slides on the surface. The curved sides are perfectly smooth, but the rough horizontal bottom is 35 m long and has the kinetic friction coefficient of 0.24 with the wood. The piece of wood starts from rest 6.0 m above the rou.. |

## Economics assignmentThis document contains various important questions and their appropriate answers in the subject field of Economics. |

## Demand and supply curvesEconomics is the study of the principles governing the allocation of scarce means among competing ends when the objective of the allocation is to maximize the attainment of the ends. |

## Long-run perfectly competitive equilibrium for the firmEvaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c.. |

## Supply and demand diagramsExplain each of the following using supply and demand diagrams, With the use of a graph, explain how these two programs affect cigarette consumption and the price of cigarettes. |

## Case study: fisher-price toysThe case study of the Fisher-Price Toys, Inc., a popular case in basic economics and management from the prestigious Harvard Business School. |

## Draw the production possibility curveDraw the production possibility curve and a. Define consumer surplus and producer surplus. |

## Tax revenueThe Australian government administers two programs that affect the market for cigarettes |

## Difference between the cv and the evThe change in consumer surplus (?CS) is not "theoretically" justifiable like the CV and EV but it continues to be the most widely used measure of consumer welfare change. Explain how this can be reconciled |

## Depict von neumann-morgenstern utility index u in a diagramDepict the von Neumann-Morgenstern utility index u in a diagram |

## What is the market solutionWhat is the market solution (market price and quantity) and What is the total surplus of the society under the market solution |

## Calculate gross national product and net national productCalculate gross national product and net national product |

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