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An armada of spaceships that is 1.001y long (in its rest frame) moves with speed O.SOOe relative to a ground station in frame S. A messenger travels from the rear of the armada to the front with a speed of 0.950e relative to S. How long does the trip take as measured in the messenger's rest frame.
Use your direct demand function to construct an equation and column for TR. What is the total-revenue maximizing price and quantity, and how much revenue is earned there? Compare that to the TR when P = $83 and P = $70.
An industry has a supply curve MC (or P) $/unit = 10Q0.9. Demand follows P $/unit = 100 - Q1.1. Total external social cost (pollution) (in $ total) = 20Q1.2. What is the competitive equilibrium.
What does the conclusion reveal about her legacy to women and to men?
A common marketing tactic among many liquor stores is to offer their clientele quantity (or volume) discounts. For instance, the second-leading brand of wine exported from Chile sells in the United States $8 per bottle if the consumer purchases up..
The first operating expense was in July 2005, and the first replacement expense is in July 2009. If all money earns interest at 5% after the time of endowment, what amount would be available for capital replacements at the end of every fifth year ..
What happens to the marginal cost curve? Identify the new profit-maximizing quantity and price. Does the answer make sense to you?
Suppose that the low-skill job market is perfectly competitive and that the equilibrium wage and monthly output in the market absent government interference are $4.50 per hour and 1,000,000 hours.
Explain how the purchase of additional capacity (even if it is never used) can make the previous behavior rational. What is meant by additional capacity in practice?
When Hans calculates his taxes at the end of the year, he writes down on a form how much he invested and multiplies that amount times the inflation rate for the year to arrive at his "inflation compensation amount.
Discuss some criteria that should be met.
The firm currently uses 50,000 workers to produce 200,000 units of output per day. The daily wage per worker is $80, & the price of the firm's output id $25. The cost of other variable inputs is $400,000 per day. Assume that total fixed cost equal..
Assume that a welfare program pays $100 per week if a person does not work and reduces the welfare benefit dollar for dollar with earnings. Assume that the individuals does not have any other nonwage income.
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