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Suppose the demand curve for a monopolist is Q = 1000 − P, and the marginal revenue function is MR = 1000 − 2Q. The monopolist has a constant marginal and average total cost of $100 per unit.
(A) Find the monopolist’s profit-maximizing output and price.
(B) Calculate the monopolist’s profit.
MPC = 0.75. Calculate the spending multiplier and the tax multiplier. Spending multiplier = 2.5. Calculate the MPC and the tax multiplier. Tax multiplier = 4.0. Calculate the MPC and the spending multiplier
The U.S. cigarette organization has negotiated with Congress also government agencies to settle liability claims against it.
Explain two distinct factors through which geography can affect a country's income and prosperity. For both of these factors described in part A, discuss whether you think the effect of these on a country's income is fixed over time or whether the ef..
KimberlyClark, a household product manufacturer, reported earnings per share of 3.2 $ in 2014 and paid dividends per share of $1.7 in that year. The firm reported depreciation of $315 million in 2014 and capital expenditures of $475 million. Estima..
Suppose that you close down your coffee shop and sell your coffee maker for $500. If you originally bought the coffee maker for $4,000 and it lost $1,000 because of depreciation (i.e., age and use), the sunk cost of the coffee maker is:
q1. predict what would happen to the equilibrium price of marijuana if it were legalized. use demand amp supply
Illustrate what are some of the damaging effects deflation has on an economy. Elucidate what would be a monetary policy prescription to reduce or eliminate deflation.
Illustrate what is Consolidated Company's total profit under this condition.
Explain why most market labor supply curves slope upward and to the right, even though individual labor supply curves are presumed to be backward-bending. How does the height of a market labor supply curve relate to the concept of opportunity cost?
Describe how the Production Possibilities Curve (PPC) changes for a nation facing increasing opportunity costs for producing food and video games given the following events
Organize the above data into the appropriate categories for the current as well as capital accounts determine the current account balance, the capital account balance, as well as the official settlements account balance.
List the three most important expenditure programs of the federal government. How do these differ from the three most important expenditure programs of state and local governments? Explain why it makes more sense for the federal government to purchas..
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