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Assume that the business environment you are studying is a perfectly competitive environment. Within this environment, you are assessing the Kryptonite factory. The factory's cost function can be described as C(Q) = 140 + 28Q + 4Q2. The market price is $180 per unit.
a. Calculate Kryptonite Factory's short run profits. Show all your steps.
b. Assess what will happen in this industry in the long run. Will the industry attract new entrants? Why or why not? Explain fully.
How does an active fiscal policy helps or hinder long-run growth in the economy.
Suppose that a household in a two-period model has income of $30,000 in period 1 and $25,000 in period 2, and the interest rate is 75%. Assume that the price of the goods $1 in both periods. Suppose that the household decides to consume $26,000 in pe..
suppose that in a given period, 9% of the unemployed people will find jobs and 3% of employed people will lose their jobs. In the U.S, unemployment is at 8.1%, 1% of employed people will lose their job, and 19% of unemployed will find jobs.
Given the estimated marginal cost function, what is the average variable cost function for EverKleen and at what output level does AVC reach its minimum value? What is the value of AVC at its minimum point?
What is its sustainable growth rate. Illustrate what must its profit margin be in order to achieve its sustainable growth rate.
Create three Microsoft PowerPoint slides in which you summarize the following data, Include an evaluation of impact of past and current fiscal policies, monetary policies, budget deficits or surpluses on economy and on the airline industry industry.
In spite of the fact that firms do not make payments on resources they own, these resources still have an opportunity cost. How is this possible, and
questionnbsp the table lists some macroeconomic data for xanadu in 2012.itembillions of dollarswages paid to
What is the opportunity cost of investing in capital? Do you think a country can "over invest" in capital?
The Commerce Department reported receiving the following applications for the Malcom Bardrige National Quality Award: 23 from large manufacturing firms, 18 from large service firms, and 30 from small businesses. - Is type of business a categorical..
Compute the profit-maximising monopoly quantity, price, and profit from serving this single consumer if Barry's Bar charges a constant price per drink rather than using some other pricing scheme. What would the quantity and profit
Profit by having physicians available in case we need them. Therefore, the government should subsidize medical education.
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