Below is the amount of widgets that Adam, robert, and Karl are each willing to make at three different prices.

a) What is the primary incentive of each producer to make widgets?

b) What would happen to the supply of widgets if there was a technological advance that lowered the cost to make widgets? Explain.

c) Make a supply schedule for the whole market of widgets, based on these three suppliers.

d) Draw the market supply curve from the schedule in part (c). Label the curve S1.

e) On your graph from part (d), illustrate the effect of the technology advance on the supply
of widgets. Label the new curve S2.

f) Assuming the market situation from part (b), and that producers will not charge less than $1, would the quantity supplied to widgets be more or less than 11 widgets? Explain.

Yes, there are cases where civil disobedience would be an ineffective response to unjust laws and one of these would be a refusal to pay taxes.

This refers to the actions that are taken by the citizens of a nation in response to unjust laws by the government.

Hence, we can see that refusal to pay taxes would be ineffective if more people don't join and this would land the defaulter a jail term and this brings his civil disobedience to an ineffectual end.

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The reason why a critical thinker is advised to bracket metaphorical, proverbial, and other forms of symbolic language.

Language and language diversity is known to be an aspect that have a huge role in regards to critical thinking and all of its  processes.

Note that Language is the key device one can use to communicate via symbols of what we think, experience, etc. Hence, The reason why a critical thinker is advised to bracket metaphorical, proverbial, and other forms of symbolic language.

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It is correct to state that the price for sprockets from $4 to $3 is inelastic. See the explanation below.

The formula for price elasticity is:
Price Elasticity of Demand = Percentage change in quantity / Percentage change in price.

Percentage change in quantity (for price drop of 4$ to $3) =  increase ÷ original number × 100.

= (2/18) * 100

= 11.11%

Percentage change in price drop from 4$ to $3) =  decrease ÷ original number × 100.

= (1/4) * 100

= 25%

Hence

Price Elasticity of Demand = 11.11%/25%

PED = 0.4444

Hence the demand is inelastic for the change in price from $4 to $3. This is because the price Elasticity is less than 1.

Because we don't have the function of the graph, we must find the revenue for all the given points.

Recall that Revenue is given as:

Price x Quantity; Hence,

From the above, it is clear that the price that maximizes the revenue the store is $4. This is because, that yields the highest revenue.

The mid-point formula is given as:

Price Elasticity = A/B where:

A = [(Q2-Q1)/((Q2+Q1)/2)]

B = [(P2-P1)/((P2+P1)/2)]

Q2 = Final Quantity = 18

Q1 = Initial Quantity = 20

P2 = Final Price = $3

P1 = Initial Price = $2

A = [(18-20)/(18+20)/2]]

= -0.02631578947

B = [(3-2)/((2+3)/2)]

= 0.4

PED = -0.026/0.4

PED = -0.065

From the foregoing, the Coefficient is Negative and it is also less than Zero. It means that the good is inferior and the demand for it is inelastic.

Using the same formula above we have:
A = [(Q2-Q1)/((Q2+Q1)/2)]

B = [(P2-P1)/((P2+P1)/2)]

Q2 = Final Quantity = 16

Q1 = Initial Quantity = 10

P2 = Final Price = $4

P1 = Initial Price = $5

A = [(16-10)/(16+10)/2]]

= 0.11538461538

B =  [(4-5)/(4+5)/2]]

= -0.05555555555

PED = 0.11538461538/-0.05555555555

PED = -2.08

The coefficient here is also negative but above 1. It means that the good is inferior and the price and quantity demanded are inversely related.

However, the value (2) is greater than 1, thus, the demand is elastic. This  means there is a strong reaction to quantity demanded when price increases or decreases.  

It is to be noted that decreasing the price as given in part E will trigger a drop in sales and a directly proportional reduction in profit. The reason for this is because, as seen in the analysis for E above the product is inferior.

When people perceive a product as inferior, a drop in price will create a substitutionary effect where they opt for a substitute good that is slightly higher.

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Answer:

Please see attachment below.

Explanation:

The answer as a graph is shown below.

Hope this helps!

Heterotrophs are essentially organisms that cannot produce their own food, hence the name "other feeders." Therefore, "heterotrophic anaerobes" refers to organisms that did not breathe oxygen but instead consumed some naturally existing food.

Heterotrophs are defined as the organisms that are dependent on plants for their sustenance and are unable to create their own food by converting inorganic materials and light energy into organic materials. Photoheterotrophs and chemoheterotrophs are the two subgroups of heterotrophs.  Heterotrophs must consume or absorb their food because they are unable to produce it.

The earliest living things on Earth were bacteria. They first appeared in the first oceans' water three billion years ago. Initially, only anaerobic heterotrophic microorganisms existed.

Thus, heterotrophs are essentially organisms that cannot produce their own food, hence the name "other feeders." Therefore, "heterotrophic anaerobes" refers to organisms that did not breathe oxygen but instead consumed some naturally existing food.

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There are many possible answers to this question. A couple of improvements could be:

- Increased ease in communication

- Can improve security mechanisms in the home and workplace, making people feel safer

- Allows for a digital exchange of money, making for an ease of payment

- Increased marketing and advertisement abilities for companies, allowing for businesses to thrive

- Increased capacity for work-from-home careers

- Improved health using fitness trackers or biofeedback tools

The equilibrium price and equilibrium quantity for the porcelain sloth are :

EQ = 3Units; and

EP = $5

Note that equilibrium price and equilibrium quantity are the price and quantity at which supply equals demand.

Note that Total Revenue is given as:
Price x Quantity

Hence the Total Revenue at the equilibrium point is
5 x 3 = $15

Producer Surplus

A measure of producer welfare is producer surplus. The region above the supply curve and below the equilibrium price is how it is depicted visually.

Hence on the attached graph, the portion that represents the producer surplus is the green right-angled triangle. To find the producer surplus, all we need to do is to find the area of the green right angled triangle.

Recall that the area of a right angled triangle is given as:

1/2 * b * h

Since b = 5; and h = 3 (because the triangle starts off at (0,0)), then

Producer Surplus = 1/2 * 5 *3

PS = 7.5

The producer surplus rises as a result of the increased motivation to create more things when the price rises.

Consumer Surplus

Consumer surplus is shown by a horizontal line drawn between the y-axis and demand curve and is defined as the region below the downward-sloping demand curve and above the existing market price of the good.

In this attached graph, this would be represented as the orange right angled triangle.

To find the consumer surplus, all we need to do is to find the area of the green right angled triangle.

Recall that the area of a right angled triangle is given as:

1/2 * b * h

Since b = 3; and h = 3 (because the triangle starts off at (0,0)), then

Consumer Surplus = 1/2 * 3 *3

CS = 3

From the results gotten above, the party with the greater surplus (and by inference, greater benefit) at equilibrium are The Suppliers. This is because the price at equilibrium is higher that what they would have been willing to accept by 7.5.

Please see the attached image.

This is depicted in the region shaded blue.

As depicted in the graph it is clear that the equilibrium quantities for llama sculptures decreased and also shifted to a new equilibrium point because both products are substitutes.

See graph three below.

This would lead to a new equilibrium point that was lower than the old one. See graph three.

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Social prescriptions for women's behaviors and attitudes are expressive role. They are a social prescription that are targeted toward females, that they need to be cooperative, kind and also sensitive to others needs.

This  is known to be how a woman should behave or carry themselves in the society.

It is made up of they should be passive, soft, graceful, nurturing, and others. Note that Social prescriptions for women's behaviors and attitudes are expressive role. They are a social prescription that are targeted toward females, that they need to be cooperative, kind and also sensitive to others needs.

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The description of Racial and ethnic climate in my community is given below.

My community is one that is very open to everyone. I will say my community have more of ethnic climate than racial climate.

Note that the common situation of ethnic climate often comes up when the government want to develop an area and people of different ethnic groups wants the development in there part of the community.

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This situation of without plans and direction can be seen as excessive absenteeism.

Excessive Absence is known to be the failure of a person to show up for work when there is no instance of no leave to the absence and the absence is one that was not excused on any other basis.

Hence, This situation of without plans and direction can be seen as excessive absenteeism and Emeka  have to devise a means that will work and curtail it.

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The answer choice which is true that Roger enjoys an absolute advantage in the production of skateboards

Absolute advantage can be defined as the ability of a party to produce a good or service more efficiently than its competitors.

In conclusion, Roger enjoys an absolute advantage in the production of skateboards

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Answer:

The opportunity cost of the third bicycle is 5 skateboards.

Explanation:

[tex]y = mx + b \\ \\ m = \frac{ - 1}{a} = \frac{ - 1}{ \frac{1}{5} } = - 5 \\ y = - 5x + b \\ passes \: through \: (5 \: , - 4)[/tex]

[tex] - 4 = - 5(5) + b \\ b = - 4 + 25 = 21 \\ \\ y = - 5x + 21[/tex]

Answer:

False.

Explanation:

What is mind-body dualism?

Mind-body dualism can be defined as a type of dualism which states that the mental state is able to exist outside of the human body and the body can't think, but are irreducible attributes of all mental states.

This ultimately implies that, mind-body dualism doesn't reduce all interior mental states to observable behavior.

The equilibrium price and quantity for the funnel cakes are:

EP = 6

EQ = 5

Note that Equilibrium price and quantity is the price and quantity where the demand and supply curve intersect.

Total consumer spending is given by

Price x Quantity

= 30 Units

The producer surplus is given by the yellow right angled triangle in the attached image. To get the producer surplus, we need to find the area of that triangle.

The Area of the triangle is given as;

1/2 b *h

= 1/2 *3 *6

= 9

Since the consumer surplus is the same dimension, hence, it is also given as

= 9

If the suppliers charged $6, there will be a cut back in the amount of units demanded to 4 units. The law of supply indicates that price and quantity are inversely proportional, all things being equal.

Large number of guests = increased demand.

Increased demand = increased price.

This is given by the law of demand. Which indicates that price and quantity are inversely proportional, all things being equal.

No, there will be a shift to the right of the the demand curve,  Please see the attached image.

In this case, there would be a new equilibrium point given that Demand and Supply have both shifted right ward. See attached graph.

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It is  important, regarding quality assurance, for your rabbit to be permanently tattooed because it provides permanent identification for that rabbit.

A legible tattoo in a rabbit's  can help to  provides permanent identification for that animal.

It should be noted that  American Rabbit Breeders Association (ARBA) shows, that the  personal tattoo must be put in the rabbit's left ear.

Hence, It is  important, regarding quality assurance, for your rabbit to be permanently tattooed because it provides permanent identification for that rabbit.

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Sophocles uses dramatic irony in the play to affect the audience in all of the following ways except to to generate sympathy for the antagonist.

A sympathetic character is  known to be a kind of a fictional character in any given story where the writer is said to believe or expects the reader to see or note along with and care about the Protagonists or others.

In the case above, Sophocles uses dramatic irony in the play to affect the audience in all of the following ways except to to generate sympathy for the antagonist.

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Answer: D. to generate sympathy for the antagonist

Explanation:

Just did the assignment

The statements that are true about the intervals of the continuous function are:

If a continuous function is defined differently at distinct intervals, it is said to be a piecewise continuous function.

(a) f(x) > 0 over the interval (, 3).

Using the table of f(x), the values in (, 3) are values less than 3; i.e. -3 to 2. If f(2) = 0, then f(x) > 0 is not true

(b) f(x) ≤ 0 over the interval [0, 2].

The values in [0, 2] are values from 0 to 2; i.e. 0, 1 and 2.

If f(0) = 0, f(1) = -3 and f(2) = 0

Then, f(x) ≤ 0

(c) f(x) < 0 over the interval (−1, 1).

Using the table of f(x), the values in (-1, 1) are values between -1 and 1; i.e. 0

If f(0) = 0, then f(x) < 0 is not true

(d) f(x) > 0 over the interval (–2, 0).

Using the table of f(x), the values in (-2, 0) are values between -2 and 0; i.e. -1

If f(-1) = 3, then f(x) > 0 is true

(e) f(x) ≥ 0 over the interval [2, )

Using the table of f(x), the values in [2, ) are values from 2; i.e. 2 and 3

If f(2) = 0 and f(3) = 15, then f(x) ≥ 0  is true

Therefore, only Options B, D, and E are correct.

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How can life expectancy and literacy rates affect the quality of labor in the economy? [A shorter life expectancy may indicate poor medical care, and lower literacy rates may indicate poor education, both of which can have negative impacts on production.]

A government whose powers are limited to only those that are authorized by the people is called a: B. limited government.

Government is a body of leadership and procedures that's saddled with the responsibility of establishing laws and policies, enforcing rules and regulations in a particular society, especially in a democratic country.

Generally, a government whose powers are limited to only those that are authorized by the people is called a limited government. Thus, a limited government places restrictions to prevent an abuse of power.

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The reason why some stars are Red Giant and others White Dwarfs is because as stars are said to fuse helium into a much more larger atoms, they are said to become red giants.

Note that red giant, the inner helium core is said to shift and the outer layers of hydrogen widen . If the helium is gone, the stars are then said to become what we call white dwarfs.

The HR Diagrams tells us that  the stars that has the lower temperatures can be seen on the right hand side of the HR Diagram as well as others.

Note that The reason why some stars are Red Giant and others White Dwarfs is because as stars are said to fuse helium into a much more larger atoms, they are said to become red giants.

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“The correct option is B. imports.

GDP (Gross domestic product) is an economic term that denotes the total monetary value of goods and services produced within the boundaries of a particular country. Based on this definition, goods or services coming from a foreign country, represented by imports are not factored in when calculating the gross domestic product (GDP) of a country.

Thus, among the listed options, only option B is correct, hence we select option B as the correct answer.

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Missing options: A. capital goods such as machinery B. imports C. the value of domestically produced services D. government purchases of goods and services E. the constr...”

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True.

The three levels of government in the Philippines are: national, local, and barangay. The national government is composed of the President, Vice President, and Congress. The local government is composed of provinces, cities and municipalities, which are headed by a governor, mayor, and barangay captain, respectively.

Answer:

No Evidence That Earth is Flat coz it is always spherical

The fall in price leads to rise in total revenue and this means the demand is elastic.

Price of widgets= $8

Total revenue= P*Q= 8*12= $96

Price= $7

Total revenue= 7*16= $112

Fall in price leads to rise in total revenue, it means demand is elastic.

b. Price = $7 maximizes the total revenue. Total revenue when price=$7, total revenue = Price* quantity

= $7 × 16=$112.

c. When the price is equal to $9, the demand is elastic. Therefore, there should be a decrease in price in order to increase total revenue.

d. Price elasticity of demand= ((96-112)/(112+96)/2)) ÷((8-7)/(8+7)/2))

= -2.14

This is an elastic demand.

e. When price=$6, Quantity=18

When Price=$5, Quantity= 20

Price elasticity of demand= ((20-18)/(20+18)/2)) ÷((5-6)/(5+6)/2))

= - 0.58

This is an inelastic demand.

f. Total revenue falls from $108 to $100 when the price falls from $6 to $5.

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To write a paper of this nature, you need to:

1. Explain the meaning of psychology

2. Draw a relationship between the concept and how employee behavior can be affected by it.

3. Give some examples to support the point.

4. End with a conclusion

Psychology is the study of the human mind and the behavior of people. This can affect people's relationships with one another.

To successfully write an essay of this nature, the writer should explain the concept and relate it to some workplace behavior.

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The IQR for the males' data is 25 and the difference between the median of the males' data and the female's data is 14.

The interquartile range for the male data is the difference between the third quartile and the first quartile.

Here IQR = third quartile - first quartile

= 25 - 0 = 25

Median = 20 - 6 = 14

The distribution of the males' data is skewed to the right and the median would be a better measure of the center. The distribution of the female data is normal and the mean would be a better measure of the center.

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Declarative memory is based on names, places, etc, semantic memory is based on syntax, and short-term memory refers to the record for a short period of time.

Declarative memory is a type of memory based on a piece of specific information such as a name, specific dates, etc.

Semantic memory is based on syntactical and grammar features of a text, whereas short-term memory can be defined as the memory that stores data for a short period of time.

In conclusion, declarative memory is based on names, places, etc, semantic memory is based on syntax, and short-term memory refers to the record for a short period of time.

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