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A demand curve is given by P= -1/2Q+100
A marginal cost curve is given by MC=2Q+10
An average Cost curve is given by ATC=Q+10
Please show your work so I can understand for future questions.
Consider an economy is which taxes, planned investment, government spending on goods and services', and net exports are autonomous, but consumption and planned investment change as the interest rate changes. Compute the value of the marginal propensi..
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Extraction of a resource takes place in just two periods, current and future. Current-period marginal costs and marginal benefits behave according to MCC(q) = 15 + q0 and MCB(q)=65−q0. Find the optimal level of current resource extraction, q0. Sketch..
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Shadow pricing is an important concept in that it involves unknown or difficult to calculate costs. This creates a range in the pricing. For example, think about amortized costs versus actual costs. How would this affect shadow pricing?
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A computer is purchased for P=$86,919, has a service life of n=7 years, and a salvage value of $5,000. At an interest rate of 15%, determine the capital recovery amount for this project.
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