## Question

###### Please help with these questions, Question 1 0.16 pts Use the following scenario to answer the...

Please help with these questions,

Question 1 0.16 pts Use the following scenario to answer the following questions: Carmela's Churros is a perfectly competitive firm that sells desserts in Houston Texas. Carmela's Churros currently is taking in $40,000 in revenues, and has $15,000 in explicit costs and $25,000 in implicit costs. Holding all else constant, the price of churros in this market will O stay where it is increase in the long run. decrease in the long run. O decrease in the short run. increase in the short run. Question 2 0.16 pts Which of the following lists three main characteristics of a competitive market? many buyers and few sellers, similar products, easy entry into the market many buyers and sellers, similar products, easy entry into the market many buyers and few sellers, unique products, barriers to entry into the market many buyers and sellers, differentiated products, easy entry into the market many buyers and sellers, similar products, barriers to entry into the market

Question3 0.16 pts Refer to the accompanying figure to answer the following questions. Price and Cost MC ATC $8 $5 $3 Quantity The long-run market supply curve would be a horizontal line O at $5 Oat $8 O between $5 and $8. between $3 and $5. O at $3. Question 4 0.16 pts If the short-run market supply curve and the demand curve intersect above the long-run market supply curve, firms will experience profits, meaning the price is total cost curve economic the minimum point on the average positive; below O positive; above O negative; below O negative; above zero; above

Question 5 0.16 pts One way the government can restore competitiveness in a market is through O patents. taxes copyrights antitrust laws O tariffs.

## Answers

#### Similar Solved Questions

1 answers

##### The functions f and g are defined by: f:x 3x-2 g:x 2x+5 Evaluate:g(-6), fg(3) g(-6)= 2(-6)+5= -7 fg(3)= 3(2x+5)-2 6x+15-2 6(3)+13 = 31 Evaluate f(x)=8, calculate the value of x

The functions f and g are defined by:f:x 3x-2g:x 2x+5Evaluate:g(-6), fg(3)g(-6)= 2(-6)+5= -7fg(3)= 3(2x+5)-2 6x+15-2 6(3)+13 = 31Evaluate f(x)=8, calculate the value of x...

1 answers

##### Optimization problem. Need help ASAP!

Find the point on the hyperbola xy=8 that is closest to the point (3,0). If anyone knows how to work this, please help me!...

1 answers

##### Please answer as soon as possible Air N Linseed oil 10. Write down two conditions for...

please answer as soon as possible Air N Linseed oil 10. Write down two conditions for total internal reflection. The figure shows a refracted light beam in linseed oil making an angle of $ = 30.6° with the normal line NN'. The index of refraction of linseed oil is 1.48. (Refractive inde...

1 answers

##### A single stock futures contract on a non dividend-paying stock with current price $120 has a...

A single stock futures contract on a non dividend-paying stock with current price $120 has a maturity of three years. If the T-bill rate is 2.5%, what should the future price be? Round your answer to two decimal places....

1 answers

##### Two red blood cells each have a mass of 9.0×10-14 kg and carry a negative charge...

Two red blood cells each have a mass of 9.0×10-14 kg and carry a negative charge spread uniformly over their surfaces. The repulsion arising from the excess charge prevents the cells from clumping together. One cell carries -2.60 pC of charge and the other -3.80 pC, and each cell can be modele...

1 answers

##### 12:19 PM Sun Feb 9 C16 #2 At December 31, 2020, the trading securities for Sandhill,...

12:19 PM Sun Feb 9 C16 #2 At December 31, 2020, the trading securities for Sandhill, Inc. are as follows. Security Cost Fair Value $16,300 13,800 $17,100 12,800 22,600 $52,500 $49.000 Your answer is partially correct. Try again. Prepare the adjusting entry at December 31, 2020, to report the securit...

1 answers

##### Summarize the ovarian cycle ( include all phases)

summarize the ovarian cycle ( include all phases)...

1 answers

##### 4) When a glass capillary is dipped into water, the liquid will rise inside of the...

4) When a glass capillary is dipped into water, the liquid will rise inside of the tube. This phenomenon is called capillary action. The picture on the right shows a glass capillary dipping into a beaker filled with water. What will happen to the water in the capillary if you pull the tube slowly ou...

1 answers

##### Required Information Ch 04 Sec 4 EX OG MAIN - Inverse of a modulo m using...

Required Information Ch 04 Sec 4 EX OG MAIN - Inverse of a modulo m using the Euclidean Algorithm NOTE: This is a multi-part question. Once an answer is submitted, you will be unable to return to this part. Arrange the steps to find an inverse of a modulo m for each of the following pairs of relativ...

1 answers

##### Set theory and logic 8. (5 points) Let r be an integer. Write a proof by...

set theory and logic 8. (5 points) Let r be an integer. Write a proof by contraposition to show that if 8 does not divide 2-1, then r is even....

1 answers

##### As a nurse, how can you promote overall wellness in a family with a critically ill...

as a nurse, how can you promote overall wellness in a family with a critically ill member ? what health beliefs would you ask j.b 's family about ?...

1 answers

##### Choose the best answer Many sports commenters think that boxing is safe. It’s not. Boxers suffer...

Choose the best answer Many sports commenters think that boxing is safe. It’s not. Boxers suffer more brain damage than any other athletes. Which of the following claims represents the issue (s) of this argument? a. Whether many sports commentators think that boxing is safe. b. Whethe...

1 answers

##### Calculate the Yield to Maturity for a bond that has: a face value of $100, a...

Calculate the Yield to Maturity for a bond that has: a face value of $100, a current price of $90, a coupon rate of 3.5% paid annually, and the bond matures in six years....

1 answers

##### Evaluate JF.dr from (0,0) to (9,3) along the curve y=vx if Ē(x, y, z) = x’yi...

Evaluate JF.dr from (0,0) to (9,3) along the curve y=vx if Ē(x, y, z) = x’yi – xy? j -...

1 answers

##### Lemon Ltd. offers executive training seminars using, in part, recorded lectures of a well-known speaker. The...

Lemon Ltd. offers executive training seminars using, in part, recorded lectures of a well-known speaker. The agreement calls for Lemon to pay a royalty for the use of the lectures. The lecturer's agent offers Lemon two options. The first option is revenue-based and Lemon agrees to pay 25 percent...

1 answers

##### Profit margin measures the number of pennies of profit for each $ of revenue. True False

Profit margin measures the number of pennies of profit for each $ of revenue. True False...