The market for cucumbers faces a market demand function given by P = 2000 - 100Q(farm ) - 100Q(town). Only two firms exist in this market: Farm's farm and Town farms.

Both firms have a constant marginal cost MC = 1000.

   a) Get the reaction function for both farms.
   b) Illustrate both reactions functions.
   c) Identify the equilibrium
   d) What if they began the process of competition with farms farm choosing to produce 1 unit. Do two steps of reaction.
   e) Will total output be higher than monopolist output? What about price? How does competition impact firms behaviours? Is it welfare maximizing for society?

Your firm is using 300 units of labor and 2000 units of capital to produce 5000 units of output. If you hired an additional unit of labor output would increase by 10 units. An extra unit of capital would add 25 units of output. The wage rate is $10 per hour, and the rental rate is $50.

1. What are the marginal products of labor and capital per dollar?
2. Is your firm producing at the lowest possible cost? How do you know?
3. What should the firm do to minimize the cost of producing 5000 units of output?
4. What would happen to MP_L and MP_K?

Which would NOT cause GDP to rise?

Group of answer choices

Between 1970 and 2000 the number of Americans in prison nearly quadrupled, causing government to increase its funding for prisons

Minimum wage rises from $7.25 to $8.25

A stock market boom

In the past decade more people are hiring maids to do the work they used to do themselves

The U.S. economy generates $_______ per year in economic activity. GDP includes all items produced and sold. T/F?

Group of answer choices

18 trillion, false

18 trillion, true

18 billion, false

18 billion, true

The value of GDP can be determined by adding together

Group of answer choices

Compensation of employees, interest, government purchases, and exports

Government purchases, consumption, business investment, and net exports

Compensation of employees, interest, corporate profits, and government purchases

Consumption, compensation of employees, net interest, and government purchases

Tell the economic story of the US 2000-2010 decade. Be sure to include specific examples and data points that help tell the story. Like a brief overview of what happened in the economy.

You can include things like the GDP, civilian unemployment rate, interest rates, unemployment/inflation, foreign trade, and fiscal policys that effected this decade. Not too much information but just an overview. Thanks!

When he ran for President in 2000, Al Gore said that American farmland was disappearing at an "alarming" rate and that soon it would be impossible to grow enough food on the remaining land to feed the entire country, which would mean the prospect of people not having enough to eat. His proposed solution was to have the government place restrictions on converting farmland to other uses, such as subdividing lots for building new homes. Was Gore's assessment of the situation, along with his policy prescription, based upon accurate economic theory and analysis? Why or why not? (Note: For this question, we will assume that all food consumed in the USA is grown or produced here. Yes, I know we import food, but this question can be answered even with the assumption that we don't import any food.

Post to T accounts

The following transactions for The Reds Co. in 2000:

2/1 deposited in the bank $50,000 as Capital

4/1 furniture bought to use in store for $6,500 paid by cheque.

10/1 bought good on Credit from alwatan Co. at a cost of $8,000.

15/1 goods were sold for $1,500 in cash

16/1 goods were sold to Mohammad for $600 received a cheque

18/1 sales for $800 in cash

20/1 $2,000 were deposited in the business bank account

25/1 $5,000 were paid back in cheque to alwatan Co.

26/1 good were sold to Alahly Club for $2,300 on credit

27/1 goods were sold to Mohammad for $1,200 on credit

28/1 all money is received from Alahly Club in cash

30/1 500$ were paid as salaries to worker in the store by cheque

31/1 the store paid $650 by cheque as rent for the store

1. Project Concept and Strategy

a. Was the Woody 2000 project well conceived? Give reasons for your opinion.

b. What were Woody's real objectives that could and should have been articulated?

c. What strategies were there for achieving these objectives? What would you recommend?

d. Did they consider other solutions? Give Examples.

e. How would you gauge the project's success? Could success be measured? If so, when?

Please provide as much detail as possible

Question 3
a) A coil consist of 2000 turns of copper wire having a cross sectional area of 0.8mm2. The mean length per turn is 80 cm and the resistivity of copper is 0.02μΩ-m. Find the resistance of the coil and power absorbed by the coil when connected across 110V D.C supply. AN [8marks]
b) A circuit consist of four 100W lamps connected in parallel across a 230V supply. Inadvertently, a voltmeter has been connected in series with the lamps. The resistance of the voltmeter is 1500Ω and that of the lamps under the conditions stated is six times their value when burning normally. What will be the reading of the voltmeter?
CR[8marks]
c) Explain why a capacitor has a high reactance for a direct current. EV[4marks]

A college student owes $2000 to a credit card company, which charges interest at an annual rate of 10%. The student makes payments continuously at a constant rate of $25/month ($300/year).

a. set up the initial value problem describing the situation.

b. solve the initial value problem from part (a)

c. find the time T it will take to pay off the debit

Other answer is wrong.

A college student owes $2000 to a credit card company, which charges interest at an annual rate of 10%. The student makes payments continuously at a constant rate of $25/month ($300/year).

a. set up the initial value problem describing the situation.

b. solve the initial value problem from part (a)

c. find the time T it will take to pay off the debit