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Drugs, Inc. recently received approval from the Food and Drug Administration for its new supplemental drug application for a 300-milligram tablet of an antiplatelet treatment. The company invested $170 thousand in the research and development fund for this drug application 7 years ago. What is the present worth of the investment now, if the company achieves a rate of return of 2% per year?
If collusion is not allowed, what kind of market arrangement do you think is likely to result from competitive interactions among these four firms? Calculate the profits of these firms in either case (a and b).
The short-run and long-run effects of this change for the levels of per-capita output, and the growth rates of (total) output and per-capita output.
Find the profit-maximizing choice of q for this miniature farm; also compute profits that will be earned at this choice of q.
which of the 3 determinants of macro performance (internal market forces, external shocks, and policy levers) would you consider the most important in terms of gauging the success/failure.
Compare the market-wide result of the individual perfectly competitive firms' choices of profit-maximizing output level with the choice of the monopolist. Explain the implications of the break-up for the profitability of industry members
q1. total industry sales are 105million. the top four firms account for sales of 10 million 9million 8 million and 5
How does this change in tax policy affect the price that buyers pay sellers for this good, the amount buyers are out of pocket including the tax, the amount seller receive net of the tax, and the quantity of the good sold?
Use at least one of the four Marshall-Hicks laws of derived demand to explain this difference in effectiveness between the unions.
Illustrate what can you infer about the expected changew in the exchange rate between the Canadian dollare and the U.S. dollar.
Your firm is considering the purchase of an old office building with an estimated remaining service life of 25 years.
Assume that marginal propensity to consume is constant at 1/2 and breakeven point is $8,000. If income is $10,000, n how much will be consumed and how much will be saved.
Explain how each change would affect bank reserves, the money supply, interest rates and aggregate demand and how this would help improve the economy.
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