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A firm has $5 million in sales, a Lerner Index of 0.75, and a marginal cost of $45, and competes against 3,000 other firms in the relevant market.
1. What price does this firm charge its customers?
2. By what factor does this firm mark up its price over marginal cost?
Write equations for APL and MPL and graph them on the same set of axes. b. At what level of L is MPL at its maximum level? At what level of L is APL at its maximum level?
Suppose that there are 100 workers in the country (50 women and 50 men), they are each paid $10 an hour, and the tax rate is 25%. What tax revenue is collected? What is the deadweight loss associated with the 25% tax on labor incomes?
q.suppose a computer virus disables the nations automatic teller machines atm manufacture departure s from bank
Illustrate what does a contraction Gap imply about the actual rate of unemployment relative to the natural rate
Supposed that two nation start out in 2013 with identical levels of output per work hour – say, $100 per hour. In the first nation, labor productivity grows by 1 percent per year. What are some examples, other than those given in the chapter of techn..
The government modifies the consumption tax somewhat so that the first $20k of consumption in each period is tax free. Now graph the budget constraint.
Discuss JIT-Just-in-Time and Lean Production - Discuss Collaborative Commerce and its benefits.
q.alices utility is given by x as well as y are goods as well as l is the amount of hours that alice works. alice can
q.1. assume that you are to estimate the costs of eithera project proposal to construct a dam in your local area for
q1. consider how the components of gross domestic product gdp fit with the circular flow model. what does gdp measure?
Open a Word document and insert the image by pressing the Ctrl+V keys simultaneously. Give reasons to explain what the government would have to do to keep the unemployment rate at 3 percent
q1. to start this thread do some web research on a company which interests you and which is publicly traded in some
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