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Michel's cost function for his car is C=y^2+16; where y is the number of cars that Michel can afford. Find the average cost and marginal cost functions. Find the number of cars at which average cost is minimum.
Please you should give a cash flow diagram for 5 stars compute the effective annual interest rate in each of the following situations. 5.75% nominal interest, compounded quarterly
What is the appropriate balance between private and public (i.e., government) activity. Think of a case where the government has intervened (or it was suggested that government intervene) in a previously private market
hahn company uses the percentage of sales method for recording bad debts expense. for the year cash sales are 300000
health administration question-answer each of the questions below note that each question is of equal weight and that
cameron and tyler winklevoss were classmates of mark zuckerberg at harvard university. they and one other individual
Jen left a job paying $75,000 per year to start her own florist shop in a building she owns. The market value of the building is $100,000. She pays $30,000 per year for flowers and other supplies
explain current global economic conditions and their effect on local macroeconomic indicators for the good or
Most people are consumers, making demand decisions in product markets, and also workers, making supply decisions in resource markets. How do workers choose how much of their labor service they are willing to sell Is the quantity supplied likely to ..
Discuss the characteristics of the airline industry within this framework. Does your selected market force result in higher or lower airline profits?
if elasticity is -2 price is 10 and marginal cost is 8 should you raise or lower price?lower price. since demand
An improvement in soft drink bottling technology and an increase in the prices of sugar and high- fructose corn syrup.
1 at a price of 100 beachside canoe rentals rented 11 canoes. when it increased its rental price to 125 9 canoes were
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