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A firm has a monopoly on a new type of gaming console. The market demand is given by P=175.3-0.003*Q and thus marginal revenue is MR=175.3-0.006*Q. The monopolist's marginal cost is MC=5.2+0.001*Q. Calculate the profit-maximizing production quantity.
the demand function for bicycles in mapleville is estimated to beqd 2500 10y - 6 pwhere y denotes income in thousands
Analyze several magazine or newspaper ads to decide how the ads reflect or use the law of diminishing marginal utility. Explain your findings in specific detail.
A person buys a piece of property for $ 3,000. The payment scheme calls for a $1,000 down payment now and $ 99.80 monthly payments for 24 months. What are the monthly effective rate, nominal rate, and effective interest rate?
new good or service business proposal selectnbspa new good or service for an existing business or a business that you
Which of the following statements conforms to utility theory? In which market structure model may firms earn economic profits in the long run?
part-11. describe the industry and explain the general pattern of change of the particular market model.2. hypothesize
elasticity-a the price of good x goes up by 2.75 the quantity demanded of good y goes from 10500 units to 25000. what
Determine the weekly payment with weekly compounding of interest.
Wise politicians would therefore be advised not to meddle and attempt to affect the economy cycles with discretionary monetary and fiscal policies.
Why do producers have more interest in government regulations than consumers do? Compare and contrast the public-interest and special-interest theories of economic regulation. What is the capture theory of regulation?
Adrian is about to borrow $2,814 from his uncle. He has an option to repay the loan at the end of year 5 with 9.62% simple interest per year or with 5.36% interest per year, compounded annually. What is the difference of the total interest paid over ..
Why is the demand of labor a derived demand Explain the shape of the supply of labor curve. What is the relationship between productivity and the wages earned by an employee What are some factors that determine the level of your income
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