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Q1. A perfectly competitive firm has total cost function as follow:TC ($) = 2q2 + 4q + 200a. What are the firm's break-even output and price?b. Assuming that the market price is $24, should the firm produce? Why?c. Assuming that the market price is $84, what are the firm's output, producer surplus and profit? What is the firm's supply function?
Q2. if income rises from 1000 to 1800 and consumption rises from 1100 to 1700 the marginal propensity to save is ?
Q3. Suppose a monopolist faces the following demand curve:
P = 596 - 6Q. Marginal cost of production is constant and equal to $20, and there are no fixed costs.
What would happen to heart rate and peripheral resistance? Would it be probable to build a working circuit without the inhibitory interneuron? If so, how would you do it? If not, why can't you do it.
One day you realize you're tired of smelling like refried beans all the time and begin thinking about starting your own business. After doing some investigation you decide to spend 15 hours per week running a photocopy service in your dorm.
If populations are sustaining growth at r = 0.088 and the population in 2001 is 3000 individuals, in what year would snow geese be taken off an endangered species list.
In our population there are 300 red sea stars, 200 pink sea stars and 500 White Sea stars. How numerous total alleles for sea star colour are in this population.
If planned aggregate expenditure (PAE) in an economy equals 2,000 + 0.48Y and potential output (Y*) equals 4,000, then this economy.
The pH of the inner thylakoid space had been measured, as have the pH of the stroma and the cytosol of a particular plant cell. Why will this cause the pH in the thylakoids to be lesser than the pH in the stroma.
Discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a better investment opportunity for some people.
What was this experiment and why was it so significant? Diagram and briefly describe the steps of the process. How and why has recombinant DNA technology impacted biotechnology.
Show the lines of current flow to unexcited parts of the cable. Elucidate how these local currents cause the action potential to propagate. A common mistake is to confuse the currents that flow throughout the action potential the voltage-clamp curren..
If the Federal Reserve adopts a restrictive monetary policy that leads to relatively high interest ratesin United States, what happens to the demand and supply of foreign currency and the dollar's exchange value.
Explain how the short-run Phillips curve, the long-run Phillips curve, the short-run aggregate supply curve, the long-run aggregate supply curve, and the natural rate hypothesis are all related.
Proposals for modifications of the law are formulated by committees. Under the closed rule, the legislature may either accept or reject a proposed modification, but may not propose an alternative.
Explain the role culture may play in influencing entrepreneurship both at the individual and social level. Define culture in your response.
Idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
Indicate if GDP is affected, under what category and what happens to GDP Oklahoma cleans up after a devastating tornado.
Assuming labour demand is downward sloping and that the labour market is competitive, what happens to national income as a result in immigration.
Explain how the U.S. economy may self-correct back to the long-run equilibrium where actual GDP equals to full GDP and there is full employment.
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..
Their banks are holding back credit so it is harder for businesses to invest and for consumers to spend
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
Determine the quantity demanded, the quantity supplied, and the magnitude
Someone proposes to buy the farm from you for $1 million. Would you make more by selling the farm or keeping it
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