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3. (20 total points) Suppose in the short run a perfectly competitive firm has variable cost = 4q2, and MC = 8q where q is the quantity of output produced. Also, the firm has fixed cost F = 144. Suppose the market demand is given by P = 336 - 3Q where Q is the market quantity produced by all the firms. Assume there are n identical firms in the market. So Q = q*n. Find n (the number of firms). n = 16 Can anybody explain why n=16?
sepracor inc. called its convertible debt in 2007. assume the following related to the transaction the 11 10000000 par
Joe quits his computer-programming job
For a short-run cost function, which of the following statements is NOT true The average fixed cost function decreases with output. The marginal cost function intersects the average fixed cost function where the average variable cost function is a..
A firm must decide which of three alternatives to adopt to expand its capacity. The firm wishes a minimum annual profit of 20% of the initial cost of each separable increment of investment.
You have a utility function characterized by u(c)=c^(1/2). If you have just $5 before you play the game (so you have just enough to play), what will your expected utility be if you decide to play the game?
When China reformed state-owned enterprises, it tried a new approach to choosing managers: it put managerial jobs up for auction. The bids for the jobs consisted of promises of future profit streams that the managers would generate and then deliver t..
A) spending on infrastructure would not increase production in the economy. B)there is a conflict between where spending on infrastructure would benefit employment and where infrastructure is most needed.
What is the gross real rate of return on fiat money in economy?
Monopolies are inefficient because A. a monopoly firm must compete, and competition is expensive B. a monopoly firm will always produce where price is equal to average total cost C. inefficiency is a barrier to entry D. a monopoly firm has no ince..
assume that the required reserve ratio is 10. if the federal reserve buys a 10000 government bond from an individualin
the federal reserve controls the three tools of monetary policy-open market operations the discount rate and the
what are the differences between common law civil law customary law and theocratic law? what is the political risk and
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