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A firm’s total cost function is TC = 2q^2 + 5q +10 . The firm is a price taker and the market price for its product is $25. How many should it produce to maximize profit? How much profit?
Assuming that there are no direct expenditure offsets to fiscal policy, how much should the government increase taxes?
In an aggregate expenditure model with no government or foreign sectors, represented by C = a + bY and I (an autonomous amount), an increase in the marginal propensity to save causes the multiplier to rise.
Evaluate Government intervene and correct this situation?(a) Explain the concept of a concentration ratio. A rise in the price of magarine Explain the impact of external costs and external benefits on resource allocation long-run perfectly c..
The Sarbanes-Oxley Act provides for the establishment of the _____________ to over see audits of public companies. This will be done to protect the interests of shareholders and investors.
European retailers utilize a wide variety of government regulations to restrict entry.
Production possibilities analysis implies that an individual nation is limited to the combinations of output indicated by its production possibilities curve. Do you agree or disagree with this statement?
The expansion will cost $60 million and will be financed with $40 million in new debt initially with a constant debt equity ratio maintained thereafter.
Could a service industry utilize production line approach or self-serve design also still keeps a high customer focus
Does economic growth necessarily involve a parallel outward shift of the production possibilities frontier?
A large bank has assets that include $100 million in vault cash and $1 billion on deposit at the Federal Reserve Bank. Its liabilities include $1 billion ($109) in checkable deposits. What are the excess reserves, if any?
Calculate the amount of tax collections that the government will require in period two. If so, compute it; if not, explain why not.
Explain how shortages/surpluses are eliminated in a free market system. You can use graphs and specific examples in your analysis. Graphs don’t count towards the word limit. Explain the difference between scarcity and shortage.
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