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Your airplane crashes in the Pacific Ocean. You land on a desert island with one other passenger. A box containing 100 little bags of peanuts also washes up on the island. The peanuts are the only thing to eat. In this economy with two people, one commodity and no production represent that possible allocations in a diagram, and explain why every allocation is Pareto efficient. Is every allocation fair?
The cost of 150 H.P. compressors bought five years ago is as follows. For the first 50 compressors the cost was $2,000 per unit, and for the second 50 the cost was $2,400 per unit. Find the cost of 100 compressors of 200 H.P. rating today.
Price elasticity of demand for stock is 1.5. This means that foe every 10% increase in stock prices, the quantity demanded will decline by 15 %. Does this make sense? Explain.
A firm has two plants, one in Mexico and one in the United States and it cannot change the size of the plants or the amount of capital equipment. The wage in Mexico is $5. The wage in the U.S. is $20.
Microeconomic environment of corporate operations - Regulatory issues that impact the companys decisions
consider the supply decisions of a firm with sr cost functioncq 1200 125q4a write out equations for marginal cost mc
What do you see as being the main cost advantages of a ‘hospital in the home' program?
If an industry is perfectly competitive then a single producer is a price taker? Why? Explain with examples. What is the supply curve of a perfectly competitive firm? Is it different from that of the market supply curve? Explain with examples.
smart university of lafayette indiana is a c.e.d. division of smart university located in gary indiana. sus goal is to
Gizmos, Inc. produces gizmos at an average total cost (ATC) of $20 and an average variable cost (AVC) of $15. The only fixed input used in the production of gizmos costs $20. What are the total costs (TC) and total variable costs (TVC) of Gizmo’s cur..
Explain the chain of analysis from payroll to total points and then on to total points and revenue and what other factors might affect these relationships that are outside of the data looked at in this project?
Why do some economists claim that we should not worry too much about inflation at this level?
Use the supply and demand for Reserves to show what happens to the Federal Funds Rate when The Fed decreases the money supply. Assume that ior
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