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9:54 Search Done LESSON 4 Assignment (4 of 5) 1) Aztecos electronics have absolute market power in the market for wireless headphones. The demand, MR,

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9:54 Search Done LESSON 4 Assignment (4 of 5) 1) Aztecos electronics have absolute market power in the market for wireless headphones. The demand, MR, and MC for Aztecos are as follows: Q = 10,000 - 100P MR = 100 - 0.02Q MC = ATC = $ 40 How much output would Azteco produce ? A) 2,000 units B) 7,000 units C) 4,000 units D) 3,000 units 2) Aztecos electronics have absolute market power in the market for wireless headphones. The demand for Aztecos product is as follows: Q = 10,000 - 100P MR = 100 - 0.02Q MC = ATC = $ 40 What price would Aztecos charge? A) $ 50 B) $ 60 C) $ 70 D) $ 80 3) Aztecos electronics have absolute market power in the market for wireless headphones. The demand for Aztecos product is as follows: Q = 10,000 - 100P MR = 100 - 0.02Q MC = ATC = $ 40. The level of profit or loss for Aztecos is A) $ 90,000 B) $ 9,000 C) - $ 90,000 D) none of the answers is correct 4) The following data summarize the expenditures for the economy of XYZ country during the year 2003 in millions of dollars ($ ), the currency of country XYZ. Gross Private Domestic Investment $ 300 Business Fixed Investment $ 200 Change in Inventories $ 100 Exports $ 200 Imports $ 200 Personal Consumption Expenditures $ 800 Government Consumption Expenditures and Gross Investment $ 500 Depreciation Expenditures $ 50

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