Order Now

Question : Scenario: There two firms producing ball point pens in a : 1377392

Economics

 

Scenario: There are two firms producing ball point pens in a perfectly competitive industry. The market price of one pen is $5. Firm A has a lower marginal cost than Firm B. The following graphs illustrate the marginal cost curves of both the firms.

 

13) Refer to the scenario above. If both the firms are optimizing, which of the following statements will be true?

A) Firm B will produce more than Firm A.

B) Firm A will produce more than Firm B.

C) Both firms will produce the same quantity.

D) The quantity produced by both firms will depend on the demand for pens and not the marginal costs.

14) Refer to the scenario above. The average total cost of Firm A when it produces 100 pens is $3, and the average total cost of Firm B when it produces 50 pens is $7. At these levels of production, which of the following statements is true?

A) Both firms incur losses.

B) Firm A incurs a loss but Firm B makes a profit.

C) Firm B incurs a loss but Firm A makes a profit.

D) Both firms make profits.

15) Refer to the scenario above. If the government enforces a ban on Firm B, and asks Firm A to carry out all the production:

A) Firm A’s marginal cost is likely to decrease, but its average cost is likely to increase.

B) Firm A’s marginal cost and average cost are likely to decrease.

C) Firm A’s marginal cost is likely to increase, but its average cost is likely to decrease.

D) Firm A’s marginal cost and average cost are likely to increase.

16) Refer to the scenario above. If the government removes the ban on Firm B and both Firm A and firm B aim at maximizing profits:

A) marginal cost of Firm A will be greater than the marginal cost of Firm B eventually.

B) marginal cost of Firm B will be greater than the marginal cost of Firm A eventually.

C) marginal cost of both firms will be equalized eventually.

D) the difference in the marginal cost of both firms will increase eventually.

17) Refer to the scenario above. If both firms operate to maximize profits:

A) total cost of production is minimized.

B) total combined profits are minimized.

C) marginal cost of both firms are minimized.

D) marginal cost of both firms are maximized.

18) Refer to the scenario above. If both firms operate without government intervention:

A) total costs are maximized.

B) total profits are maximized.

C) marginal revenues of both the firms are maximized.

D) marginal revenues of both the firms are minimized.

19) Refer to the scenario above. Which of the following statements is true?

A) If the government restricts one of the firms to operate in the market, social surplus increases.

B) No government intervention is required to reach the optimal outcome.

C) At the optimal level of production, total costs of production are maximized.

D) Even though both firms have different marginal costs, the optimal quantity produced will be the same for both firms.

20) Which of the following statements is true?

A) Total cost of production in a perfectly competitive market can be minimized only when marginal cost across firms in the market are different.

B) When a competitive market is allowed to operate efficiently, firms end up producing goods using the least amount of scarce resources.

C) Under a perfectly competitive framework, a ruling authority is essentially required to dictate goals for the betterment of society.

D) A firm interested in maximizing profits in a perfectly competitive market will produce output at a level where marginal revenue is equal to the price and greater than the marginal cost.

 

 

Continue to order Get a quote
Place your order
(550 words)

Approximate price: $22

July 1, 2023
    

In this course, we look at classical ethical theories of utilitarianism, deontology, and virtue ethics. We also examine different perspectives on ethical issues introduced by relativism, ethical egoism, and emotivism. For this paper, you will apply these theories and perspectives to a current issue, selected from the list of issues below.

Choose one of the ethical issues from the list below to research and write about. It is recommended that you choose a topic that you are familiar with or that you have thought about previously. For example, you might choose an issue that either worries you or enrages you, you might choose one that you have worked on, or you might choose one that relates to recent events in your community.

Possible Issues

  • Corporate executive compensation
  • Corporate contributions to political campaigns
  • Affirmative action
  • The media and its responsibilities
  • Domestic surveillance
  • Whistle blowing in government or in a business
  • Religion in the workplace
  • Pornography
  • Consumer tracking
  • Ethical problems of gambling
  • Progressive taxation rates
  • Immigration
  • Women’s equality

In your paper, you will apply the ethical theories and perspectives to the issue that you select. Egoism, Deontology, Utilitarianism. You do not have to use all six, but you should apply at least two ethical theories and at least one ethical perspective in your paper. Make sure that you write primarily on ethical topics and concepts; do not get distracted by doing analyses that apply political, economic, religious, or legal perspectives. Describe, compare, and apply the ethical theories and perspectives to the topics. Explain how the theories and perspectives would analyze the issue. What are the ethical issues? Where are there breaches of ethical behavior? How could each theory help us think about what would constitute virtuous or ethical behavior?

The paper must be eight to ten pages in length (excluding title and reference pages) and formatted according to APA style. You must use at least five scholarly resources from Google Scholar, other than the textbook to support your claims. Cite your sources within the text of your paper and on the reference page.

 

Writing the Final Paper
The Final Paper:

  1. Must be eight to ten double-spaced pages in length (excluding title and reference pages), and formatted according to APA style.
  2. Must include a title page:
  3. Must begin with an introductory paragraph that has a succinct thesis statement.
  4. Must address the topic of the paper with critical thought.
  5. Must end with a conclusion that reaffirms your thesis.
  6. You must use at least five academic resources in addition to the required text. You can find academic resources in the Ashford University Library. Academic resources include: peer-reviewed journal articles, research-based books, theses and dissertations, and research-based government documents.
  7. Must document all sources in APA style, as outlined in the Ashford Writing Center.
  8. Must include a separate reference page, formatted according to APA style

 

Content Criteria

Weight

The student fully addresses all key elements listed in the assignment instructions.

4

The content in the research paper is comprehensive, accurate, and well developed.

4

Arguments are supported by specific details, examples, or analysis; and are organized logically.

4

Writing Skills

The paper has well-developed paragraphs with a specific and well-supported thesis statement.

3

The paper is grammatically correct, has two or fewer spelling, punctuation, or grammar mistakes. The paper has no “run-on” or fragment sentences.

2

Research Criteria

Must use at least five academic resources in addition to the required text. Wikipedia is an example of a source that is NOT acceptable.

2

Must include a Reference Page that is completed according to APA style as outlined in the approved APA style guide.

2

Style Criteria

The paper is 8 - 10 double-spaced pages in length (excluding title and reference pages) and is correctly formatted according to APA guidelines.

2

The paper begins with a well written and cohesive introductory paragraph and concludes with a cohesively written concluding paragraph.

 

Origional work, no resubmission. Would perfer a teach with applicable knowledge in this feild of major. Please do not focus on The issue itself, but how the theorie/perspectives apply to the issue. Please have word, understand APA format, be profeicient in English (and writing), have grammar and style checked and rechecked, submitted for origionality prior to payment. and, of course, do you think you could get an A? I have three pages you can use towards it, or bits of it. However you wish. Thank you so much!

2

 

default image
July 1, 2023
    

In this course, we look at classical ethical theories of utilitarianism, deontology, and virtue ethics. We also examine different perspectives on ethical issues introduced by relativism, ethical egoism, and emotivism. For this paper, you will apply these theories and perspectives to a current issue, selected from the list of issues below.

Choose one of the ethical issues from the list below to research and write about. It is recommended that you choose a topic that you are familiar with or that you have thought about previously. For example, you might choose an issue that either worries you or enrages you, you might choose one that you have worked on, or you might choose one that relates to recent events in your community.

Possible Issues

  • Corporate executive compensation
  • Corporate contributions to political campaigns
  • Affirmative action
  • The media and its responsibilities
  • Domestic surveillance
  • Whistle blowing in government or in a business
  • Religion in the workplace
  • Pornography
  • Consumer tracking
  • Ethical problems of gambling
  • Progressive taxation rates
  • Immigration
  • Women’s equality

In your paper, you will apply the ethical theories and perspectives to the issue that you select. Egoism, Deontology, Utilitarianism. You do not have to use all six, but you should apply at least two ethical theories and at least one ethical perspective in your paper. Make sure that you write primarily on ethical topics and concepts; do not get distracted by doing analyses that apply political, economic, religious, or legal perspectives. Describe, compare, and apply the ethical theories and perspectives to the topics. Explain how the theories and perspectives would analyze the issue. What are the ethical issues? Where are there breaches of ethical behavior? How could each theory help us think about what would constitute virtuous or ethical behavior?

The paper must be eight to ten pages in length (excluding title and reference pages) and formatted according to APA style. You must use at least five scholarly resources from Google Scholar, other than the textbook to support your claims. Cite your sources within the text of your paper and on the reference page.

 

Writing the Final Paper
The Final Paper:

  1. Must be eight to ten double-spaced pages in length (excluding title and reference pages), and formatted according to APA style.
  2. Must include a title page:
  3. Must begin with an introductory paragraph that has a succinct thesis statement.
  4. Must address the topic of the paper with critical thought.
  5. Must end with a conclusion that reaffirms your thesis.
  6. You must use at least five academic resources in addition to the required text. You can find academic resources in the Ashford University Library. Academic resources include: peer-reviewed journal articles, research-based books, theses and dissertations, and research-based government documents.
  7. Must document all sources in APA style, as outlined in the Ashford Writing Center.
  8. Must include a separate reference page, formatted according to APA style

 

Content Criteria

Weight

The student fully addresses all key elements listed in the assignment instructions.

4

The content in the research paper is comprehensive, accurate, and well developed.

4

Arguments are supported by specific details, examples, or analysis; and are organized logically.

4

Writing Skills

The paper has well-developed paragraphs with a specific and well-supported thesis statement.

3

The paper is grammatically correct, has two or fewer spelling, punctuation, or grammar mistakes. The paper has no “run-on” or fragment sentences.

2

Research Criteria

Must use at least five academic resources in addition to the required text. Wikipedia is an example of a source that is NOT acceptable.

2

Must include a Reference Page that is completed according to APA style as outlined in the approved APA style guide.

2

Style Criteria

The paper is 8 - 10 double-spaced pages in length (excluding title and reference pages) and is correctly formatted according to APA guidelines.

2

The paper begins with a well written and cohesive introductory paragraph and concludes with a cohesively written concluding paragraph.

 

Origional work, no resubmission. Would perfer a teach with applicable knowledge in this feild of major. Please do not focus on The issue itself, but how the theorie/perspectives apply to the issue. Please have word, understand APA format, be profeicient in English (and writing), have grammar and style checked and rechecked, submitted for origionality prior to payment. and, of course, do you think you could get an A? I have three pages you can use towards it, or bits of it. However you wish. Thank you so much!

2

 

default image
July 1, 2023
    

In this course, we look at classical ethical theories of utilitarianism, deontology, and virtue ethics. We also examine different perspectives on ethical issues introduced by relativism, ethical egoism, and emotivism. For this paper, you will apply these theories and perspectives to a current issue, selected from the list of issues below.

Choose one of the ethical issues from the list below to research and write about. It is recommended that you choose a topic that you are familiar with or that you have thought about previously. For example, you might choose an issue that either worries you or enrages you, you might choose one that you have worked on, or you might choose one that relates to recent events in your community.

Possible Issues

  • Corporate executive compensation
  • Corporate contributions to political campaigns
  • Affirmative action
  • The media and its responsibilities
  • Domestic surveillance
  • Whistle blowing in government or in a business
  • Religion in the workplace
  • Pornography
  • Consumer tracking
  • Ethical problems of gambling
  • Progressive taxation rates
  • Immigration
  • Women’s equality

In your paper, you will apply the ethical theories and perspectives to the issue that you select. Egoism, Deontology, Utilitarianism. You do not have to use all six, but you should apply at least two ethical theories and at least one ethical perspective in your paper. Make sure that you write primarily on ethical topics and concepts; do not get distracted by doing analyses that apply political, economic, religious, or legal perspectives. Describe, compare, and apply the ethical theories and perspectives to the topics. Explain how the theories and perspectives would analyze the issue. What are the ethical issues? Where are there breaches of ethical behavior? How could each theory help us think about what would constitute virtuous or ethical behavior?

The paper must be eight to ten pages in length (excluding title and reference pages) and formatted according to APA style. You must use at least five scholarly resources from Google Scholar, other than the textbook to support your claims. Cite your sources within the text of your paper and on the reference page.

 

Writing the Final Paper
The Final Paper:

  1. Must be eight to ten double-spaced pages in length (excluding title and reference pages), and formatted according to APA style.
  2. Must include a title page:
  3. Must begin with an introductory paragraph that has a succinct thesis statement.
  4. Must address the topic of the paper with critical thought.
  5. Must end with a conclusion that reaffirms your thesis.
  6. You must use at least five academic resources in addition to the required text. You can find academic resources in the Ashford University Library. Academic resources include: peer-reviewed journal articles, research-based books, theses and dissertations, and research-based government documents.
  7. Must document all sources in APA style, as outlined in the Ashford Writing Center.
  8. Must include a separate reference page, formatted according to APA style

 

Content Criteria

Weight

The student fully addresses all key elements listed in the assignment instructions.

4

The content in the research paper is comprehensive, accurate, and well developed.

4

Arguments are supported by specific details, examples, or analysis; and are organized logically.

4

Writing Skills

The paper has well-developed paragraphs with a specific and well-supported thesis statement.

3

The paper is grammatically correct, has two or fewer spelling, punctuation, or grammar mistakes. The paper has no “run-on” or fragment sentences.

2

Research Criteria

Must use at least five academic resources in addition to the required text. Wikipedia is an example of a source that is NOT acceptable.

2

Must include a Reference Page that is completed according to APA style as outlined in the approved APA style guide.

2

Style Criteria

The paper is 8 - 10 double-spaced pages in length (excluding title and reference pages) and is correctly formatted according to APA guidelines.

2

The paper begins with a well written and cohesive introductory paragraph and concludes with a cohesively written concluding paragraph.

 

Origional work, no resubmission. Would perfer a teach with applicable knowledge in this feild of major. Please do not focus on The issue itself, but how the theorie/perspectives apply to the issue. Please have word, understand APA format, be profeicient in English (and writing), have grammar and style checked and rechecked, submitted for origionality prior to payment. and, of course, do you think you could get an A? I have three pages you can use towards it, or bits of it. However you wish. Thank you so much!

2

 

default image
Essay (any type)
August 22, 2022
    

They have a magnificent team. These people are always kind and willing to listen to your concerns or issues. Better yet, your assignment is always ready before the time, they usually send you a draft to double-check before they finalize your paper.

 

default image
Customer #32567
Zoology, 8 Pages
Case study
August 22, 2022
    

Completed quickly and followed instructions given. Grammar, spelling, etc. was all good as well. Thank you so much! Will hire in the future.

default image
Customer #30093
Biology (and other Life Sciences), 6 pages
Presentation/PPT
August 22, 2022
    

The work has not been graded but I like the output that was submitted to me. Is it possible for the same prof to do the next assignment I will be submitting? If possible, I will greatly appreciate it.

default image
Customer #37612
Computer science, 8 pages
Journal article
August 22, 2022
    

My third using this writer and absolutely amazing work! Very punctual and very understanding.

default image
Customer #34820
Agriculture, 4 pages
Article
August 22, 2022
    

Outstanding job in writing my paper. I am always thrill to receive a well written paper that follows the instructions and the thorough details put into my paper. The quality of this paper is beyond awesome. Thank you so much.

default image
Customer #17907
Technology, 5 pages
Thesis/Thesis chapter
August 22, 2022
    

I absolutely love this writer! He/she always cranks out a fabulous paper and follows the assignment guidelines/instructions perfectly. Thanks again for always providing such quality work!!!

default image
Customer #32146
Economics, 9 pages
Research paper
August 22, 2022
    

It took some time to achieve the product I was looking for, but we eventually got there. I do feel like a lot of hard work was put into this, and it even exceeded the page requirement. I'm pretty pleased overall. I give my thanks.

default image
Customer #22371
Ecology, 5 pages
Lab Report
August 22, 2022
    

Outstanding work! This writer followed every instruction and my paper came back with an A! I recommend to anyone needing help! Thank you again ❤️

default image
Customer #13712
Nursing, 6 pages
Outline
August 22, 2022
    

Outstanding job in writing my paper. I am always thrill to receive a well written paper that follows the instructions and the thorough details put into my paper. The quality of this paper is beyond awesome. Thank you so much.

default image
Customer #267302
IT, Web, 6 pages
Essay (any type)
August 22, 2022
    

Made 100% on both the outline and the paper. Quick turnaround time and my writer responded within 30 min or less. Any edits my instructor needed, my writer was patient and worked diligently to accomplish the task. Would recommend my writer to anyone!

default image
Customer #14472
International Trade, 8 pages
Essay (any type)
August 5, 2021
    

You are making my life so much easier! I am a single mom that works and goes to school. You guys are helping me with my projects so I can have more free time with my son.

default image
customer #13832
Tourism, 3 pages
Annotated Bibliography
August 5, 2021
    

I was sure it can fit in a single page but the next time I will add one more page because I am impressed with your professionalism and quality. Will use many more times till I graduate.

default image
customer #12008
Management, 7 pages
Essay (any type)
August 5, 2021
    

Simple registration and quality services. I just ordered one paper, and it was good enough to pass the exam. That is what I need the most. Good job.

default image
customer #16257
Communication, 4 pages
Research Proposal
August 5, 2021
    

I couldn’t finish my freaking essay, and I was very desperate. A friend of mine sent me a link, and that is how I found out about you guys. Thank you for professional tips and editing. Now, I understand how to write it properly.

default image
customer #17128
Law, 5 pages
Reflection
August 5, 2021
    

I’m so grateful to you since you managed to complete my term paper in one day! You are definitely the best company ever!

default image
customer #16528
Public Relations, 7 pages
Essay (any type)
August 5, 2021
    

I am sure on your ability to provide any type of paper I will order. I wish I could develop that skill your writers have to be able to have a flow of ideas and excellent sequencing of thoughts in writing.

default image
customer #19552
Medicine, 5 pages
Coursework
August 5, 2021
    

I ordered a thesis paper and was satisfied. All the guys were polite and highly professional, even when I wrote to them several times per day. Thanks for your passion!

default image
customer #20376
Nursing, 6 pages
Discussion Essay
August 5, 2021
    

I turned to the service twice, and my papers always were beyond the expectations. To tell the truth, I was ready to find some grammar errors or something like that. However, everything was neat and tidy.

default image
customer #18529
Marketing, 1 page
August 5, 2021

My friend recommended Doctor My Essay to me. It is convenient! Now we both turn to the service periodically coz wanna save some time and use it more effectively. I know that while I’m developing my startup, an expert is working on paper. Time management in work!

default image
Research Paper
August 5, 2021
    

I write all paper works by myself but have some problems with literacy. Actually, I have enormous problems because English is not my native language. However, with proofreading from Doctor My Essay, I can relax and don’t be ashamed of mistakes.

default image
customer #12924
Business, 7 pages
Argumentative Essay
August 5, 2021
    

Your ability to write concisely is a finding. The paper has a solid argument. It’s clear that the writer understood central claim about the topic. He also presented original ideas to consider.

default image
customer #19304
Management, 3 pages
Coursework
August 5, 2021
    

That paper got the highest grade in my class and the professor thinks I’m the smartest student. Lol.

default image
customer #12387
Accounting, 6 pages
Essay (any type)
August 5, 2021
    

I was convinced that paper writing services are the fiction for naive students. But when it came to my research paper that was to be composed in 72 hours, I had no other options. I made the right choice when I ordered it from you!

default image
customer #12924
Ethics, 4 pages
Business Plan
August 5, 2021
    

I was also satisfied with the service. Usually, I write everything by myself, but this time ( I have no idea how it happens!) I missed the deadline. My writer was very responsible, wrote the essay quickly, and kept the instructions. Nice to know that such experts exist!

default image
customer #15677
Marketing, 10 pages
Annotated Bibliography
August 5, 2021
    

It is really affordable! The prices start from 9$, which is an excellent proposal on the market. Recently I worked with another service that took much more money and provided lower quality papers.

default image
customer #11234
Sociology, 9 pages
Research proposal
August 5, 2021
    

I am absolutely satisfied. I am first timer here. Revision was made quickly, and the author met my expectations. Thanks a lot. Paper is phenomenal.

default image
customer #15327
Economics, 5 pages
Essay (any type)
August 5, 2021
    

Having heard a lot of negative reviews about such services, I was a bit skeptical. However, our cooperation with Doctor My Essay was without pitfalls. I made two comments about the final work, and they re-wrote some parts very promptly. I am satisfied and will turn to them in the future.

default image
customer #17823
Human Resource Management, 2 pages
Research paper
August 5, 2021
    

It was my first experience in online ordering, and I was a bit nervous. However, this was for nothing. I’ve got a high mark!

default image
customer #12372
Public Relations, 3 pages
Dissertation
August 5, 2021
    

I understand that buying essays is a doubtful thing. You don’t put effort, don’t represent your ideas… However, I don’t perceive Doctor My Essay as a standard service. They don’t sell papers. They share high expertise!

default image
customer #12376
Journal article, 20 pages
Coursework
August 5, 2021
    

According to my previous experience, this service is really the best. They support the client and have competitive writers. I give them a perfect score!

default image
customer #19266
Political Science, 6 pages
Admission Essay
August 5, 2021
    

Nice service! It is cool that you can use the calculator on the main page and understand the price policy. For me, it is a huge plus!

default image
customer #11437
Tourism, 1 page
Discussion Essay
August 5, 2021
    

Thanks to God I found this service! If I didn’t send my research to the teacher on time, he would eat me. I tell you! However, with doctor my essay service, I met the deadline, and I am still alive.

default image
customer #12692
Philosophy, 5 pages
Report
August 5, 2021
    

Your service is excellent! Convenient and not expensive. Thanks for that!

default image
customer #10923
Psychology, 4 pages
Essay (any type)
August 5, 2021
    

If you have problems with time management, just like me, you need to cooperate with Doctor My Essay. Once you registered and made the order, you understand how easier it makes your life! Everything is online: ordering, communication… You can control the process everywhere and be sure that an expert will provide a high-level paper.

default image
customer #17823
Business, 8 pages

Calculate the price of your order

550 words
We'll send you the first draft for approval by September 11, 2018 at 10:52 AM
Total price:
$26
The price is based on these factors:
Academic level
Number of pages
Urgency
Basic features
  • Free title page and bibliography
  • Unlimited revisions
  • Plagiarism-free guarantee
  • Money-back guarantee
  • 24/7 support
On-demand options
  • Writer’s samples
  • Part-by-part delivery
  • Overnight delivery
  • Copies of used sources
  • Expert Proofreading
Paper format
  • 275 words per page
  • 12 pt Arial/Times New Roman
  • Double line spacing
  • Any citation style (APA, MLA, Chicago/Turabian, Harvard)

Our guarantees

Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.

Money-back guarantee

You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.

Read more

Zero-plagiarism guarantee

Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.

Read more

Free-revision policy

Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.

Read more

Privacy policy

Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.

Read more

Fair-cooperation guarantee

By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.

Read more