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Q. Consider a monopolist with demand curve . The total cost of production is 10Q + 1500 for positive ouput and 500 if it shuts down production. Illustrate what is the maximum profit the monopolist can earn (assuming no possibility of price discrimination)?
Q. Suppose that the Indian government reduces its deficit and returns to a balanced budget. If other thing remian the same, how will the demand or supply of loanable funds in India change?
You arranged the subsequent information to use in evaluating the financial feasibility of starting your own agency.
If there are multiple highest bids, then the winner is the bidder whose valuation is the highest or whose index is the smallest among the highest bidders.
Elucidate how do your previous answers change in the special case where money demand does not depend on the expected rate of inflation
Economists oppose limiting economic growth possibilities because such limits would inevitably involve
Divide the Banzhaf power index by the number of votersin state. Are votersin small states or are votersin big state more powerful, according to this measure.
Suppose a duopoly and let demand be specified by P=A-BQ. In accumulation both firms have same marginal cost c. Interaction between the two firms will be frequent infinite.
If each test provides$6 net marginal revenue before labor and capital costs, is expansion advisable? Show all your work and explain your answer well.
What is the impact on the long run adjustment due to this condition. First, look at the impact of the market and then the single firm. What does it do to economic profits or losses, then what happens in the market.
explain how and why a monopolist would try to price-discriminate: Providing air travel for business people and tourists; A fast-food restaurant that serves business people and retired people
Set all variables to their baseline values. Elucidate how much money do consumers want to spend on spaghetti when the price.
Describe the differences between the substitution effect of a wage increase and the income effect of a wage increase
In which of the subsequent ways does government involve the consumption component of planned cumulative expenditures.
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