Use the graph above to answer the questions below. This year is expected to be a great one for selling walking shoes in Georgia. At very low prices, only the most efficient shoemakers are able to sell. There are two shoe producers that operate with the most cost-effective equipment and skilled personnel, each of which can put 5 pairs of shoes in the market at $10.00. This point on the graph is represented at point [ans1]. At a higher price, three more shoemakers will enter the market. Each producer makes 10 pairs of shoes at $40.00 per pair. This point on the graph is represented at point [ans2]. If the price goes to $70.00 per pair, the existing firms increase production to 12 pairs of shoes each, plus four small shops open, each of which produces 5 pairs of shoes. This point on the graph is represented at point [ans3].
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[deficit] A trade deficit occurs when a country imports more…
[deficit] A trade deficit occurs when a country imports more goods and services than it exports, meaning the value of its imports exceeds the value of its exports. According to the data presented in lecture, the United States is NOT running a deficit in which of the following sectors?
The station originating the following METAR observation has…
The station originating the following METAR observation has a field elevation of 3,500 feet MSL. If the sky cover is one continuous layer, what is the thickness of the cloud layer? (Top of overcast reported at 7,500 feet MSL).|METAR KHOB 151250Z 17006KT 4SM OVC005 13/11 A2998
Use the information below for the following two questions. J…
Use the information below for the following two questions. John was telling Erika that he really doesn’t consider himself biased. John says his family came to the United States from eastern Europe without a penny in their pockets and worked hard to become members of the middle class. He goes on to explain that he believes that “there are hard-working Hispanics, too, but most of them just haven’t been taught the meaning of hard work.” His people, he tells Erika, work hard and deserve what they get while people immigrating more recently do not.
A PTA attempts to measure hip flexion range of motion with a…
A PTA attempts to measure hip flexion range of motion with a patient positioned in supine but with the knee in an extended/straight position. What is the primary factor limiting range of motion in this position?
Tariffs are taxes imposed on _________________.
Tariffs are taxes imposed on _________________.
What do growth in standard of living, low unemployment, low…
What do growth in standard of living, low unemployment, low inflation, and a sustainable balance of trade all share in common?
Which intervention would assist in establishing locomotion f…
Which intervention would assist in establishing locomotion for a patient with cerebral palsy?
Consider the following figure. In this relatively successful…
Consider the following figure. In this relatively successful economy, the Solow growth rate is 4% per year. Figure: AD/AS In Equilibrium The value of X in the current economy is ___________________. If spending growth were 15% in this economy, the inflation rate in the long run would become _________________, assuming the Solow growth rate stays fixed?
You have a family of a 13-year-old that comes to the clinic…
You have a family of a 13-year-old that comes to the clinic who has been struggling with some anxiety with his ADHD-inattentive. His family is asking about non-stimulant options for his ADHD-inattentive. Which medication is an option you can discuss with the family.