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Consider the marginal cost for a product like Microsoft Windows 8. How does the marginal cost for a product like this differ from a product like automobiles? What relevance might there be to this difference?
Find average cost (AC), average variable cost (AVC), marginal cost (MC), marginal revenue (MR). What is the quantity that maximizes profit? What is the revenue and profit at that point?
q.the kentucky derby is held the first saturday in may at churchill downs in louisville kentucky. the race track is one
Explain the effects of the increase in global demand for cell phones on the market for cell phones and on an individual cell-phone producer in the short run.
Elucidate what would the seller's cost of capital have to be in order for the discount to be cost-justified.
The lunch you buy in your school cafeteria is classified as: a) a consumer durable. b) a consumer nondurable. c) a service. d)either a consumer nondurable or a service because it fits into both categories.
How each market participant cares only about their own self interest rather than about the overall efficiency of resource us
Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding
Assume a one-time decrease in population, possibly caused by an onset of disease or a sudden out-migration.
If you were the angel investor, what is your certainty equivalent for these two projects? Are you risk-averse, risk-neutral, or risk-lover?
How many people are unemployed according to the Burea of Labor Statistics? What is the unemployment rate according to the BLS?
What effects would each of the following have on aggregate demand or aggregate supply? In each case use a diagram to show the expected effects on the equilibrium price level and the level of real output. Assume all other things remain constant.
Explain how effects of rent control are very noticeable to the public in the short run, because the primary effects of rent control occur very quickly.
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