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Intermediate Microeconomic Theory II
This course examines the economic decisions made by business firms. Subject matter includes production and cost theory, theory of the firm, market structures, game theory, and externalities and factor market analysis. This is a core theory course, which is highly theoretical and provides the foundation for analyzing complex economic questions.
c q2 50q 81 1determine the range of prices for which the firm incurs a loss but continues to produce. 2determine
1. the marginal cost pricing model calculates a markup over marginal costs using estimates of the price elasticity of
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what happens to the AFC per paper, the MC per paper, and the minimum amount that you must charge to break even on these costs?
what less conventional monetary policy tools might a central bank use to stimulate the economy How do these tools work In what way is central banking in the euro-zone area different from or similar to the Federal Reserve System
the problem of public-sector employee performanceit is generally recognized that one of the core problems of
you will apply economic principles presented in weeks one through three in this weeks assignment. your assignment
exercise 1the following production plans are feasiblethe negative numbers stand for inputs and the positive one for
After economics class one day, your friend suggests that taxing food would be a good way to raise revenue because the demand for food is quite inelastic.
A copper mining operation discharges waste products into a river and causes higher costs and discomfort to downstream users of the water.
peter higgins is a sales agent for xzy company. he has an effort cost function of c e2 and a reservation wage of 1500.
the united states economy is growing at a faster rate than any of its trading partners. as a result inflation is
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