Reviewing census data to see how many seniors over 55 are near your proposed location is an example of:

Refer to Exhibit 7.3, which shows the U-shaped cost curves for a producer. A is the marginal cost curve, B is the average variab

Alisiya [41]

Answer:

U shaped Curves are all of the three : A marginal cost curve , B average variable cost curve , C average (total) cost curve

Vertical Distance between B) Average Variable Cost Curve , C) Average Total Cost Curve is Average Fixed Cost

Explanation:

Marginal Cost [MC] is addition to total cost, when an additional unit of output is produced. It is the rate of change in Total Cost. As total cost increases at decreasing rate first, then at increasing rate ; MC curve falls first & then rises & hence is U shape

Average Cost [AC] is average total cost per unit of output. It is also U shape as it falls first & then rises, due to total cost first increasing at decreasing rate & then increasing at increasing rate.

Total Cost [TC] changes only due to change in total variable cost [TVC] , as total fixed cost is constant. So, TVC changes in same pattern as TC, first at decreasing rate & then at increasing rate. This makes Average Variable cost [AVC] rise first, fall then i.e U shape

Total Cost is the total production expenditure on all (fixed & variable) factors of production.

TC = TFC (total fixed cost) + TVC

AC = AFC (average fixed cost) + AVC

AC - AVC = AFC. Difference between AC & AVC is AFC. This distance keeps on falling with increase in output but never becomes zero (the curves keep on coming closer but never intersect). Such because TFC is constant, AFC = TFC / Q keeps on falling with increase in output

6 0

1 year ago

Tommy McCartney is a sixteen-year-old high school student. He has worked forty hours per week at the local convenience store ove

Aleks [24]

Explanation:

First of all, the dealer should not have sold the car to the sixteen year old boy without the presence of his parents or any guardian. It is illegal to have a contract with a child who is not legally allowed to drive the car before the age of eighteen.

Now secondly if the dealer has somehow sold the car to the boy, the boy cannot come back after few months and ask for returning his money because he purchased the car, the condition of the condition of the car got worse during the whole time when car was with him, and also there is no legal clause in the agreement which allows him to demand his money back after using the car for this long time. So demanding his money back from the dealer is totally unethical as well as illegal. The dealer is true that the car is still the property of the boy and the money is still the dealer's money.

5 0

1 year ago

A borrower asks the notary signing agent for the contact information for the closing agent and the lender's representative. the

VashaNatasha [74]

<span>The notary signing agent should provide the borrower the contact information, full disclosure. The notary has the primary responsibility for notarizing signatures, but isn't there to block information.</span>

7 0

2 years ago

The typical family on the Planet Econ consumes 10 pizzas, 7 pairs of jeans, and 20 gallons of milk. In 2016, pizzas cost $10 eac

grin007 [14]

Answer:

decreased by 4.5%

Explanation:

A family consumes: 10 pizzas, 7 pairs of jeans, and 20 gallons of milk.

In 2016, pizzas cost $10 each, jeans cost $40 per pair, and milk cost $3 per gallon.

The family's total cost of living in 2016 is:

$C_{2016} = 10*\$10 +7*\$40 +20*\$3\\C_{2016} = \$440$

In 2017, pizzas cost $8 each, jeans cost $40 per pair, and milk cost $3 per gallon.

The family's total cost of living in 2017 is:

$C_{2017} = 10*\$8 +7*\$40 +20*\$3\\C_{2016} = \$420$

The change, in percentage, of a typical family's cost of living is:

$R=\frac{C_{2017}-C_{2016}}{C_{2016}} \\R=\frac{420-440}{440} \\R=0.045\ or\ 4.5\%$

The cost of living decreased by 4.5%

5 0

2 years ago

If a cable news channel decides to report on a senator's financial indiscretions rather than report on a piece of congressional

bagirrra123 [75]

Answer:

e. Agenda Setting

Explanation:

Agenda setting refers to a practice adopted by news channels to place higher emphasis on a news, and making it appear important by consistently and repetitively covering such news.

Such a practice influences an individual's thoughts not with what he/she thinks, but what he/she should think about and consider important.

Through such a practice, the news channels underline the extent to which an issue is important i.e assign significance and importance to an issue by affecting the perceptive mindset of the viewer.

So if a political issue gets covered and getting telecast too frequently, it affects the viewers interpretation regarding the sensitivity or significance of the issue.

Many a times, through agenda setting, the media indirectly feeds it's own biased views in the thought process of the viewers. So rather than making the viewer think on his own and assign weight-age, the media itself assigns importance to an issue.

In the given case, the cable news channel preferred the topic of senator's financial indiscretion over a congressional legislation which wasn't passed. So the channel emphasized upon one issue which as per it was more important than the other and thus follows agenda setting.

6 0

1 year ago