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A monopolist produces and sells 400 units at a price of $40 per unit. The monopolist's marginal cost is equal to $15 and average cost is equal to $23. The monopolist's profit is?
Explain the following terms as used in computing I. ALU: arithmetic logic unit-calculating device. Does arithmetic function such as addition and logic functions such as sorting.
Find out the optional number of units to put in a package. How much should the firm charge for this package?
One option to balancing the budget yearly or cyclically is to create a government budget that would be balanced if economy were at potential output.
Use an appropriate diagram, demonstrate and describe briefly how a increase in minimum wage could result in higher employment in a monopolistic labor market.
a. Calculate the (point) price elasticity of demand when price is $100. Is demand elastic or inelastic? How do you know whether demand is elastic or inelastic? What is total revenue at this price? b. Calculate the (point) price elasticity of dema..
Based on your understanding, are there circumstances in which it might be possible that deficits could increase productivity and long-run growth
1. why might the homo sapiens production possibilities curve have shifted outward to the right much more rapidly than
Suppose, on the other hand, that by eectively regulating the nancial system, the bill increases savers' condence in the nancial system. Show the consequences of the policy on this situation on a new graph, again noting changes in the equilibrium i..
What is the country's unemployment rate? How does it compare to the United States' unemployment rate? Are they better off or worse off than us?
Calculation problems should be proven by showing the process you used or the formula you applied to solve the problem.
1.from the perspective of classical macroeconomic theory an excess of aggregate spending woulda. increase aggregate
An accountant says she found a legal way for Jane to shelter $2,000 of taxable income from the fed gov't. Max amount Jane is willing to pay to learn this strategy and reduce her taxable income by $2,000 is??
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