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You are the owner of a fast-food restaurant. Given a new item that you recently advertised, you experience additional demand for your business that you do not want to ignore. Identify your fixed and variable costs at your fast-food restaurant, and explain the changes to each of these costs given the increased demand.
Show using aggregate supply and demand analysis the effects of the following temporary shocks. Be sure to include any change to business cycle activity on your graph.
Explain the long-run adjustments that will create equilibrium with firms operating at their minimum efficient scale. Why is a perfect competitive firm associated with efficiency for both consumers and businesses
I have recently been employed by a new company selling electronic dog feeders. My customer has asked me to gather some information on the supply and demand for feeder,
A monopolist faces a demand curve given by the following equation: P = $500 − 10Q, where Q equals quantity sold per day.Assume that the firm faces no fixed cost.
Consider a monopoly where the demand is given by Q = 25 - .5P, Total costs for this monopolist are estimated to be C(Q) = 100 + 2Q + Q2. What is the profit – maximizing output? What is the monopoly profit?
international trade is a complex area of study. effects of policies currencies tariffs trading arrangement and other
Consider a closed economy that has no government. If saving is negative, then investment should also be negative. Is it possible for investment to be negative? What might be the most plausible channel for it to be so?
Presume real output is 12,500, and the demand for real money balances is Md/P = Y/4 - 125i. If the equilibrium interest rate is 7 %, compute the money supply. If the central bank sets the interest rate at 8 % what is the new money supply?
What is the unemployment rate Will a high unemployment rate cause deflation What is the current structure of the labor market How does the current structure affect the threat of cost push inflation or deflation
What are the different types of control systems What are some advantages and disadvantages of the various control mechanisms How does your organization use the steps of the control process
many movie critics claim that horror movies nowadays are more violent and bloody than they used to be. write an essay
Priceless food processing needs to replace a pump. They have two options. One is to purchase a new pump with a brass impeller and bowl. The second is use a pump from their warhorse that has stainless steel impeller and bowl.
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