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Q1. if the manager of impact industries decides to produce 240 units, Illustrate what will the long-run total cost also long-run average cost of producing 180 units
Q2. When converse the maximization of utility, regardless of whether you chose to work more hours or fewer when offered a higher hourly wage, you could not be worse off than you were at a lower hourly wage. Can you explain how this
Q3. Monumental architecture is unique to individual cities, illustrate what does the structure imply about the socio- economic also political organization which created it?
Can you tell whether this firm is in a competitive industry. If so, can you tell whether the industry is in a long-run equilibrium.
Suppose taxes are measured in cents as in the first case, but consumption is measured as gallons consumed every month.
Required all pharmaceutical firms to sell their drugs in a competitive market with no ability to patent their break.
Visualize you are a manager for good or service used. From results of the deterioration equation, recommend strategies to either preserve demand if an increase over 3 periods occurs or improve demand
Calculate the cost elasticity of demand as well as for paint as well as show your calculations.
Suppose the economy is in a recession and per capita disposable income is expected to decrease by 5%, then what percentage effect on sales would you expect to take place.
South Korea can produce a maximum of 600 million toaster ovens or 900 million tons of rice per year. The U.S. can produce a maximum of 700 million toaster ovens or 1,000 million tons of rice per year.
Explain how did mortgage-backed securities spread losses during the mortgage default crisis.
Steps that a government take to ensure that sustainable development is always considered in assessing which major economic projects or investment proposals to accept
How to calculate the elasticity coefficient between each of the seven prices and indicate whether the character of demand is Elastic.
Explain how more would cumulative spending increase as a result.
Explain an economy is initially in equilibrium at the natural level. The central bank increases the money supply.
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