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Q. In the short run, a firm's total costs of producing 100 units of output equal $10000. If it produces one more unit, its total costs will increase to $10 150.
a. Illustrate what is the marginal cost of the 101 st unit of output?
b. Illustrate what is the firm's average total cost of producing 100 units?
c. Illustrate what is the firm's average total cost of producing 101 units?
Illustrate what is the average time in the system. Illustrate what is the probability there are more than three cars in the system.
The 2 firms form a cartel & arrange to split total industry profits equally. Under this cartel arrangement, they will maximize joint profits.
Explain how specifically can GDP be adjusted to better measure well-being.
What price and quantity will result once the copyright expires and competition emerges in this market. Elucidate your answer.
If GDP is increasing by 3% every year Explain how long will it take GDP to double. Given the same conditions above, Explain how long will it take Every Capita GDP to double if the population grows at 2%.
Ssuppose which the benefit to the villagers of each additional cow grazing on the commons declines as more cows graze as each additional cow has less grass to eat than the previous one.
Pharmaceutical drugs have an inelastic demand, as well as computers have an elastic demand.
Elucidate the value of a trucker's life disguised by compensating discrepancy among the two firms.
Explain why the R-squared from the regression from F test will always be at least as large as the R-square from the BP regression.
Brenda Johnson has used a preprinted form that she got from the internet to create her will.
Consider an income guarantee program with an income guarantee of $6,000 and a benefit reduction rate of 50%.
The total demand as well as for money is equal to the transactions demand as well as plus the asset demand as well as for money.
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