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A firm is deciding between two different sewing machines. Technology A has fixed costs of $500 and marginal costs of $50. Technology B has fixes costs of $250 and marginal costs of $100. At what quantity is the firm indifferent between the two technologies?
Please include math, as I have many questions like this and would like to learn how to do it.
Enforcement of federal statutes with the resulting shut-down of the 'legal' businesses in the states of Colorado and Washington, along with a subsequent determination by the FDA as to the medical benefits of marijuana.
Suppose Handel's Ice Cream experiences economies of scale up to a certain point and diseconomies of scale beyond that point. Its long-run average cost curve is most likely to be:
Proponents of trade off liberalization argue which freer trade might actually improve the quality of the environment.
Identify the three key facts about short-run economic fluctuations and how the economy in the short run differs from the economy in the long run. Provide real-world examples of those "key facts."
Given that the annual average growth rate of potential GDP is 6.48%. Suppose the economy grows 0.5%/year faster than at the growth rate of potential GDP. What is the first quarter at which actual GDP exceeds potential GDP?
Select a country outside of the United States and research the similarities and differences between the monetary and banking systems of that country and those of the United States.
When is international job an opportunity for workers. When is it a threat to workers. What are some of the major challenges confronting the international trading system.
A firm has a net monetary liability balance of $10,000 on January 1, 2001. During the first third of the year, the balance decreased to $7,500. During the second third of the year, the balance increased to $12,500.
Understanding of how the economy described by the AS/AD model responds to various shocks under various assumed parameter values.
Sam is one of many potato growers who sell potatoes to a large food-processing plant. It is safe to assume that potatoes are sold in perfectly competitive markets. The price of a bushel of potatoes is $4 and Sam sells 100 bushels at that price.
1: The price of bread is $6 per kilogram and Aaron's income is $180. He buys 15 kilograms of bread, 10 kilograms of butter, and nothing else. What is the price of butter? Draw Aaron's budget constraint and identify his chosen consumption bundle.
A researcher has data on accounting profits, HHI, and different conditions of entry for different Canadian industries for the year 2009. Using this cross sectional data set, the researcher has estimated the coefficients of a model.
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