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A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. The total fixed costs for the implants division is 50000 and the marginal cost is given by MC=6000, so TC=50000+6000Q. Give the profit after calculating the profit-maximizing price and quantity.
What is the overall profit?
Deadweight loss and market failure are created when a market produces
q1. the article discusses the decrease in firm costs. should the decrease in costs affect the quantity supplied? why or
Although there seems to be a great demand for your bread, why would productivity decline when you hire more labor in the short run?
q. eisler company consigned 80 freezers costing 500 each to company. the cost of shipping the freezers amounted to840
Determine the CPI for a couple of months and create a PowerPoint to explain the information - Prepare several slides in the PowerPoint-style that present and explain this information as it relates to inflation in a clear manner.
Use the mid-point formula to calculate the price elasticity of supply (arc elasticity) for a given product under two scenarios:
Let us assume you and ten of your friends are going to open and invest in a business. You do not want to pay double taxation on the profits. You want a type of ownership where profits must be distributed based on how much each person has invested ..
Assume the subsequent data describe o/p in two different yrs. Compute nominal GDP in every yr.
An engineer borrowed $3000 from the bank, payable in six equal end-of-year payments at 8%. The bank agreed to reduce the interest on the loan if interest rates declined in the United States before the loan was fully repaid. At the end of three years,..
Explain why there is a natural unemployment deficit. Compute the amount of the natural employment deficit in terms of both billions of dollars and as a percent of natural real GDP.
If labor costs rise you may consider substituting capital input for labor input. What factors do you need to consider when making this substitution?
Since the cash flows compose a gradient series followed by a uniform series, solve the problem using those factors. Determine the FW of the cash flows.
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