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Q. given the average cost function AC= Q^2 - 4Q+214, find the MC function. Is the given function more appropriate as a long run or a short-run function? why?
Q. Illustrate what is the marketing concept recognizes that individuals pass through stages in the course of their lives in groups that are related to their age, period of mat¬uration, and environmental events.
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%.
Elucidate how which any two pure strategy equilibria of a zero-sum game are interchangeable also equivalent.
Illustrate what recording fee would you advise Johnny to demand from the record company.
What percent of the tax is borne by buyers. If income rises to $40,000, how much will tax revenue rise.
Use this information to find the Equilibrium Price, Quantity and Revenue in the market.
Compute the equilibrium quantity and price and Calculate the consumer and producer surplus.
Elucidate causes for shifts in supply and demand for the chosen product. Explain how these shifts in supply and demand influence price, quantity and market equilibrium.
Assume an endogenous growth model with labour augmenting technology.
Given the optimal output in c, Elucidate how much profit (or loss) can the manager of Ever Klein Pool Services expect to earn?
Outline reasons why the marginal revenue product differs between workers in different jobs.
what is the approximate real rate of interest. Illustrate the exact real rate.
Derive an expression for average cost. Derive an expression for marginal costs.
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