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Suppose that the market demand for a new drink is given by P = 30 – Q and the marginal cost to produce this new drink is $3.
Graph the demand curve, the MR Curve and marginal revenue cost
What is the monopoly price of this new drink?
What price would this new drink sell for if it sold in a competitive market?
What will be the price of this new drink in the long run if the industry is a Cournot duopoly?
What will be the price of this new drink in the long run if the industry is a Stackelberg duopoly?
Is the firm that creates the higher value-added more or less profitable than the firm that creates lower value-added For each firm write a mathematical expression for the following quantities.
Successful online students plan their activities and their time so they can accomplish their professional and academic goals and still have time for family and leisure. Time management is often a big issue with many online learners.
Does this production function display increasing, constant or decreasing returns to scale and find the corresponding minimum cost function assuming that w 1 and w 2 are given.
1. fit-to-a-tee a price-taking t-shirt design shop has a schedule of total fixed costs total variable costs total
A. In 1996, many cows in Great Britain came down with "mad cow disease". As a result, the nations of European union banned the import of British beef.
explain to a martian what eigenprices are assuming no academic economic knowledge or understanding of mathematical
select one 1 of the following categories of products to research sports apparel automobiles home furnishings or
what happens to the interest rate the money supply and the economy in general if the federal reserve is a net seller of
Both industrial unions and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the diffeence in approaches and describe the impact these differences have on excess quantity of labor supplied.
choose a major publicly traded automotive producer such as general motors ford toyota or volkswagen. then research this
1.An introduction to the company and its industry, analyzing its background, industry, and structure. (For this, you can draw from the work you did for the second Unit 2 assignment.)
What is the new profit maximizing output level and how many workers are hired at this level
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