Suppose that the average wage earner saves 9% of her take-home pay and spends the other 91%. Also suppose that 91% of any amount spent is always re-spent (with 9% saved). Estimate the impact that a proposed $30 billion tax cut will have on the economy over the long run due to the additional spending generated. (Round your answer to the nearest integer.)

Amonopolist’s inverse demand function is p = 150 – 3q. the company produces output at two facilities; the marginal cost of producing at facility 1 is mc1(q1) = 6q1, and the marginal cost of producing at facility 2 is mc2(q2) = 2q2.a. provide the equation for the monopolist’s marginal revenue function. (hint: recall that q1 + q2 = q.)mr(q) = 150 - 6 q1 - 3 q2b. determine the profit-maximizing level of output for each facility. output for facility 1: output for facility 2: c. determine the profit-maximizing price.$