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Demand P (q)=100-2q Total Costs C(q)=10+20q . Calculate marginalcost for a firm in this industry. The marginal cost is graphed below, what is special or interesting about this marginal costfunction? Verify the monopolist equilibrium is (Q=20,P=60). What is the perfectly competitive equilibrium? Calculate dead weight loss a rising from the monopoly equilibrium.
Marty has been laid off from her job at an aircraft plant but expects to be recalled when the economy picks up.
Providing the current situation with General Motors, our team is recommending that they (GM) reduce their current operations in order to maximize profits.
Elucidate that specialization and trade can move both countries beyond their production possibility frontiers.
The total costs of a firm under perfect competition is given by the equation TC = 5,000 + 4Q + 2Q^2 and the market price is $100 per unit.
Write an essay evaluating the role of governments in assuring that developing countries obtain a fair and adequate share of the benefits of international trade.
Assume that an investor wants to select one market segment for new investment. A forecast shows improving to declining economic conditions with the following probabilities: improving (0.2); stable (0.5); and declining (0.3). What is the preferred ..
Describe five additional factors that you consider most significant for forecasting the demand for natural gas over the next decade and briefly outline the processes you would use in gathering and analyzing these five additional factors for forecas..
The number of repairs manufactured by a computer repair shop depends on the number of employees as given follows:
Governments of country A and country B spend the same amounteach year. Spending on functions relating to dealing with marketexternalities and public goods accounts for 25 percent ofgovernment expenditures in country A
Draw an Edgeworth box depicting the feasible allocations of state 1 consumption of m and state 2 consumption.- Identify the ex ante Pareto efficient allocations 1.
If the marginal product of capital net of depreciation equals 10 percent and the rate of population growth equals 2 percent what must be the rate of technological progress for the economy to be at the Golden Rule steady state?
Illustrate the impact of inflation on consumption, aggregate demand.
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