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A stone can slide down one of four different frictionless ramps, as shown in the figure. For which ramp will the speed of the ball be the greatest at the bottom? Capture(3).PNG

What is the value of the deadweight generated in the market? Enter your answer as a whole number. 

Given the data provided in the table below, what will the fixed costs equal for production at quantity (Q) level 4?   Q P TC TR MR MC Profit 0 $5 $9         1 $5 $10         2 $5 $12         3 $5 $15         4 $5 $19         5 $5 $24         6 $5 $30         7 $5 $45          

Refer to the graph above. At which price and quantity, would the firm make normal profit?

The government intervenes and imposes a price ceiling of $700. How much deadweight loss was created in the market? Enter you answer as a whole number. 

Price Quantity Demanded $40 10 $35 15 $30 20 $25 25 $20 30 Using the midpoint formula and the demand schedule above to answer the following question. Round your answer to the nearest hundredth (0.00) and do not include the negative sign (-). Going from a price of $35 to a price of $30, the elasticity coefficient is? 

Refer to the graph above. The total, Producer Surplus in this market is? Round you answer to the nearest tenth. (0.00) e.g 4.582 = 4.58

The government intervenes and imposes a price ceiling of $400. How much deadweight loss was created in the market?

EconWithAndy produces and sells econ tutorials. Last year, it produced 9,000 tutorials and sold each one for $8. To produce the 9,000 widgets, the company incurred variable costs of $27,000 and a total cost of $36,000. EconWithAndy’s average fixed cost to produce 9,000 widgets was

Suppose a new technology reduces the cost of producing electric cars. Ceteris paribus, the equilibrium price of electric cars will _______ and the equilibrium quantity will ______.