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What price should a firm charge for a package of two pens given a marginal cost of t' 2 and an inverse demand function P = 6-2Q by the representative consumer?
Utilize this concept to construct an example in which a risk-averse individual prefers a gamble to a certain amount of money.
Katrina's Candies specifically. Distinguish between a change in demand and a change in the quantity demanded (movement along the demand curve).
If the firm's MARR is increased to 25%, what would be the required savings in leasing so that the project would remain profitable.
What profit do you expect that the firm will make in the first year? (iii) Do you expect this profit level to continue in subsequent years?
Suppose you discover that average fixed costs are $2 and average variable costs are $7. Indicate what the firm should do.
Provide an example for each about decision-making, interaction and workings or economy. Elucidate how that influences marginal profits and marginal costs associated with decision to purchase a new home.
Describe the budget constraint which she faces when deciding how many drinks to buy.
Define the following: functional organizations, product organization, geographic organization, matrix organization also network organization.
critically estimate the theory and empirical evidence on the optimality criterion for choosing an exchange rate regime.
Clarify why might the Homo sapiens production possibilities curve have shifted outward to right much more rapidly than persons of Neanderthals.
Repeat these calculations for the third, fourth, and fifth years, assuming that the Government taxes at a rate each year and has noninterest expenditures annually.
Calculate the four combinations of outputs of corn and rice for these 4 plans.
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