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The demand for a shake at a Juice Shop can be described by the equation: Q= 1000- 240P + 80N, where Q denotes the number of shakes sold per day, P is the shakes price and N is the price of a shake at a nearby cafe.a. How many shakes will be sold if P=$1.50 and N= $1.20?b. Write down the equation for the firm's demand curve for N=$1.20.c. If the other cafe's price increases to $1.50, what is the effect on Juice Shop's demand curve?
These costs are depends on a budgeted volume of 80000 units developed and sold every year. Lafluer uses cost-plus pricing methods to set its target selling price.
One Chicago has just a new single-stock futures contract on Brandex stock, a company that currently pays no dividends. Each contract calls for delivery of 1,000 shares of stock in one year.
In what direction would the shift in labor supply and demand go. Illustrate what would be its effect on the equilibrium of the labor market.
Utilizing a separate supply and demand diagram for each part, illustrate the effect of the price of the yen in terms of dollars of each of the following.
Elucidate the fiscal policy also which factors limit its effect.
Bridget has a limited income and consumes only wine and cheese; her current consumption choice is four bottles of wine and 10 pounds of cheese.
What is the optimal level of production of wine decanters? Verify that this level of output maximizes not minimizes profit
Compute the steady state levels of population. How might we transition between these two steady states and growth during the Malthusian regime?
Elucidate how each of the following changes would shift the aggregate demand curve.
What are primarily intended to address the problem of insuring people who do not have health insurance? Would a public national health insurance system reduce total spending on health care in our economy?
A monopolist faces the demand curvep =11 - Q , where Q is measured in thousands of units. What is the monopolist profit maximizing price and quantity? What is the profit?
Consider a firm selling two different products at two different plants. The cost function for both plants is given by C (q 1 , q 2 ) = q 1 2 + αq 1 q 2 + q 2 2 .
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