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Suppose a firm in a competitive market has following cost of production: TC=2Q^3 - 4Q^2 + 10Q +500. For what range of prices will the firm chose to produce zero output in the short run?
What is the level of saving and consumption in the U.S. today? As a consumer should you be saving or consuming? Is this something the government should try and influence? If you were given a $100 today, tax free, would you spend it, or save it.
1. munger and interviewer roberts begin by presenting a paradox. what do they mean when they say that firms are
over the last 30 years in the united states the real price of a college education i.e. after adjusting for inflation
Consider the following Ricardian model.
What are the four tools of monetary policy and what would you do for each one when purusing easy money?
Draw a new set of graphs that illustrate long-run equilibrium in a constant-cost competitive industry. Use two graphs, one for the market and another for a representative firm.
What role do central banks pla in the international economy
What are the determinants of supply? How is the supply curve impacted by changes in determinants? What is the difference between a change in supply and a change in the quantity supplied and what are the causes of each?
what would this price be in order to eliminate the deadweight loss. Show and explain. Why would the monopoly not charge this price? Show and explain.
suggest new target market segment for product and its accompanying pricing strategy for instance bundling and
why does the law of diminishing marginal utility encourage people to spread their spending across many different types
in what ways if any do the demand schedules for a purely competitive firm and a pure monopolist differ? what
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