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1. Uniform Pricing Monopolist
Given an inverse demand function: P = a - bQ; where a = 170, b = 1, and the short-run cost function is C(Q) = eQ + f, where e = 30 and f = 200, if the monopolist is maximizing profit:
Solve for Q*, P*, TR, MR, total cost, MC, profit, price elasticity of demand, consumer surplus and producer surplus.
Production possibilities tables for China and the United States. Assume that before specialization and trade the optimal producer mix for China is alternative B and for the United States is Alternative U.
Human service interactions in terms of macro systems-communities and organizations. Empowerment is basically a process to assist people groups, families and communities, individuals, to use their strengths to overcome their challenges.
Suppose that Manisa Co. is currently not paying any dividends, but is is known that starting in four years (i.e. the first payment is four years from now), Manisa will begin paying $2 a share. The interest rate is 4%. What is the price today o..
Provide a clear discussion of at least one economic issue raised in the article in your own words. Why is this story/topic/issue significant for macroeconomists?
Graph the production function, with capital on the horizontal axis, and use your graph to explain the difference between a doubling of the labor force and a doubling of total factor productivity.
Discuss how rapid inflation can undermine money's ability to perform each of the three functions.
Suppose Corporation X deposits $80,000.00 in cash in commercial bank Y. If no excess reserves exist at the time this deposit is made and the reserve ratio is 30%,
Explain the difficulty of defining and using the user cost of capital and discuss the value in making decisions based on it, rather than using accounting expense data. What is the difference between opportunity cost and accounting costs
when does a recession begin and when does it end?the dating of a business cycle is done by the business cycle dating
Discuss market trends that General Motors organization/industry will face and address(discuss) how their prices and technology will change or will not change, and why.
Suppose prices are determined as a simple mark-up over expected wages: p-w^e=a0-a1U Assume further that wages are a simple mark-up over expected prices: w-p^e=B0-B1U Use the equations above to show that when prices are different from price expectat..
Suppose that interest parity does not hold exactly, but that the true relationship is R = R* + (Ee - E)/E + r, where r is a term measuring the differential riskiness of domestic versus foreign deposits. Suppose a permanent rise in domestic governm..
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