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A monopolist has determined that marginal revenue is $2.00 and average cost is $1.75. It has also determined that the lowest sustainable average cost is $1.75. To maximize profit, should the firm lower its price, increase its price, or leave the price unchanged? How would you change your response if marginal revenue is $1.50? Explain your responses.
1 you are a factory owner who has just purchased a new machine for 5000. over the next year it would have cost you 1000
Explain what could happen in the future with each of these trends below and come up with three(3) more trends not listed and do the same analysis for your three additions.
some games of strategy are cooperative. one example is deciding which side of the road to drive on. it doesnt matter
Why are real wages in the United States higher than in other countries? Is the labor force itself responsible for the higher wages of American workers? Explain.
question 1. apple stock ticker aapl is currently at 415share while google stock ticker goog is currently at 835share.
q1 define the following1- derivative2- swap3- commodities futures4- samurai bondsq2 differentiate between bulldog bonds
the demand function for newtons donuts has been estimated as followsqx -14 - 54px 45py 0.62axwhere qx represents
communication is the sharing of information between two or more individuals or groups to reach a common understanding.
what are the major factors that have affected u.s. household consumption since the recession in 2001?briefly explain
Identify the differences and similarities of each budget and what accounts for the major sources of revenue for each and how are the revenue amounts expected to change in the future?
The government passes a law that allows a substantial subsidy for every acre of land used to grow tobacco. How does this program affect the long-run supply curve for tobacco?
1. if the economy is in equilibrium and suddenly the level of planned investment increases by 2 billion national income
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