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Draw a graph that shows increasing Average total cost from ATC to ATC prime. include Marginal cost change, marginal revenue and the supply and demand curve that reflects this change.
suppose that an oligopolistic is charging 21 per unit of output and selling 31 units each day. what is its daily total
you are given the following scenarios for considerationscenario 1 assume that the government imposed a price ceiling on
what resources do you make use of in order to maximize your level of satisfaction How do we determine what items to buy How do companies decide what items to produce How do firms determine whether to produce something or not
consider this topic and converse with your fellow classmates about choice, opportunity cost, and comparative advantage with regards to personal brand in social networking sites and/or associations you might belong to.
Deep global recession might trigger changes in expending from imported items to domestically manufactured items. What are at least two policies that governments might implement to increase expending on domestic items.
The dissimilarity between dollarization and a currency board is that
capital is often used as a fixed factor of production. many manufacturing firms cannot operate without a building and
Explain how the price of a product is determined. Analyze how a bartender would know that the price of an exotic drink was too low or too high. Provide adequate conceptual justifications.
Theoretically, assuming that the Average Total Cost structures are the same for a monopolistic competitor and a perfect competitor, which one will maximize its profit by producing more goods? Will its price be higher or lower than the other firm?
why do keynesian economists believe market forces do not automatically adjust for unemployment and inflation? what is
Suppose there are two technologies for producing steel. Under technology A, a firm's short-run total cost function is STCa(q)=1/2q^2+100q+10 with SMCa(q)=q+100, and using technology B it is STCb(q)=2q^2+6 with SMCb(q)= 4..
Consider a portfolio of three assets (A,B,C). Denote the expected returns on each asset as rA; rB; rC, respectively. Denote variances and covariance similarly. Suppose the investor will accept a maximum portfolio variance of X.
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