This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Producer Surplus and PricingThe table shows the marginal cost of producing tires for five ... (Read 47 times)

Sadjam2

  • Full Member
  • ***
  • Posts: 153
on: Nov 23, 2022

Question 1

Producer Surplus and the Supply Curve

Suppose the equation for the supply curve is P = 6 + 0.25Qs. What is producer surplus when P=$13.50?
◦ $202.50
◦ $112.50
◦ $405.00
◦ $225.00

Question 2

Producer Surplus and Pricing

The table shows the marginal cost of producing tires for five suppliers.
SupplierMarginal Cost
Tires R Us2​
SureTire6​
Tire Superstore10​
Tires Plus14​
Roll Out18​
What is the producer surplus when the price is $14? When price is $7?
◦ $24.00, $6.00
◦ $24.00, $21.00
◦ $4.00, $21.00
◦ $4.00, $6.00
Macroeconomics ¦ Acemoglu, Laibson, List ¦ 3rd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Sadjam2 on Nov 23, 2022

fdsajkl

  • Full Member
  • ***
  • Posts: 160
Reply #1 on: Nov 23, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 58% of students answer this correctly


Sadjam2

  • Member
  • Posts: 153
Reply 2 on: Nov 23, 2022
YES! Correct, THANKS for helping me on my review

bitingbit

  • Member
  • Posts: 323
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

There are immediate benefits of chiropractic adjustments that are visible via magnetic resonance imaging (MRI). It shows that spinal manipulation therapy is effective in decreasing pain and increasing the gaps between the vertebrae, reducing pressure that leads to pain.

Did you know?

No drugs are available to relieve parathyroid disease. Parathyroid disease is caused by a parathyroid tumor, and it needs to be removed by surgery.

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Thyroid conditions may make getting pregnant impossible.

Sequential decline of whale catches in the Antarctic shows the strong effect of human predators. Sequential decline of whale catches in the Antarctic shows the strong effect of human predators.
This image shows an artists depiction of a 10-kilometer (six-mile) diameter astero This image shows an artists depiction of a 10-kilometer (six-mile) diameter astero
Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the Myopia (nearsightedness). In the uncorrected top figure, the image comes into focus in front of the
Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ... Good body mechanics when facing the head or foot of the table. A. Head and back in alignment. B. ...
Cost of Going to School Cost of Going to School
Producer acquiring energy and nutrients from the environment Producer acquiring energy and nutrients from the environment
Video: Mycobacterium tuberculosis: Drug Resistance and Natural Selection

For a complete list of videos, visit our video library