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A firm has the following quadratic cost function TC = 0.025Q2+ 12Q + 500 , Find the coordinates of the point where the marginal cost curve intersects the average total cost curve.
"Starting a sole proprietorship or partnership type of business is better because the profits from the business will be enjoyed by only a single owner or a few partners." Do you agree or disagree with this statement? Why?
Which of the following is considered a capital inflow? A country experiencing a current account surplus: A deficit in the overall balance of payments of a nation generally is an indication that: A country's demand for foreign currency is derived fro..
Consider a market characterized by the following inverse demand and supply functions: PX = 50 - 4QX and PX = 10 + 2QX. Compute the surplus producers receive when a $30 per unit price floor is imposed on the market.
bart simpson has a choice between two bonds-bond a and bond b. both bonds have a future value of 1000. bond a earns 4
Explain the underlying facts that support free trade and give an example of a good that you purchased recently that is based on resource differences. What are some examples of goods that the U.S. has comparative advantage in producing
Draw the probable 'production possibilities curve for an economy which produces 'Capital' goods and 'Consumer' goods. Assuming that the Economy is producing approximately twice the level of customer goods as opened to Capital goods, indentify this pr..
imagine that in the market for loanable funds the equilibrium interest rate is equal to 10 and the quantity of loanable
In 1993 Mattel proposed merging Fisher value for $1.2 billion. In toy industry Mattel is a major player with 11% of the market. Fisher-Price has 4%.
Please help describe profit maximizing decision of pure monopolist firm and compare it to the profit maximizing decision of the firm in a purely competitive market and a monopolist firm in the competitive market.
During the previous month, a firm produced 250 tablet devices at an average variable cost of $40 and at an average fixed cost of $10. What were the firm's total costs during the month?
The annual holding cost per unit is $2.50, and the cost to place an order is $50. Suppose demand for TricFlexers doubles to 32,000. Does the EOQ also double ? Explain what happens.
If the elasticity of crime with respect to the number of police is estimated to be -0.5 and the number of police fell by 5% and annual expenditures on police are equal to $60 billion and the cost of crime to victims is estimated to $400 billion then ..
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