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Last year there were 5,000 paralegals working in Southeastern Wisconsin, and they earned an average wage of $15.50/hour. This year, there are 4,800 paralegals in the area with an average wage of $13.95/hour.
assume that the cost data innbsp the top table of the next column are for a purely competitive producer lo3.total
you have been hired by a monopoly to analyze the following production data and prepare a proposal suggesting how to
1. what types of products are phone services and electricity?2. why does a firm spend an enormous amount on advertising
What market structure will Katrina's Candies operate if the above condition prevails?
We can examine the effects of a subsidy with a simple supply and demand model. Suppose the graph below shows the market for kerosene in Indonesia. The line labeled S1 represents
A driver wishes to buy gasoline and have her car washed. She finds that the wash costs $3.00 when she buys 19 gallons at $1.00 each, but that if she buys 20 gallons, the car wash is free. Thus the marginal cost of the twentieth gallon of gas is:
The slope of the production function with capital per worker
ibm purchased computer chips from nec a japanese electronics concern and was billed yen250 million payable in three
There are 10 identical firms, each firm's marginal cost is MC(q)= 5 + 5q. The market is competitive. derive the market demand function.
The demand curve for ice cream in a small town has been stable for the past few years. In most months, when the equilibrium price is $3 per serving for the most popular ice cream
Intermediate microeconomics- Find the production possibilities frontier for the Rancher. Define marginal rate of transformation. What is the marginal rate of transformation of meat for potatoes for the rancher?
suppose that a new government is elected in eurnesia. the new government takes steps toward improving the court system
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