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consider a linear industry demand equation: P=20-2Q, where P is the unit price in dollars and Q is quantity in million units. The cost structure in the industry is given by the constant unit and marginal costs: TC = 10Q. Assume that the industry is monopolized by only one company. Write the equation of the TR curve and then plot the TR curve(with Q along the horizontal axis and TR along the vertical axis) for this company. Comment on the shape of the TR curve.
A few years ago a construction manager earning $70,000 every year working for a regional home builder decided to open his own home building company.
illustrate what happens to economic output and inflation and explain why these changes take place.
Within which sections of the production function is marginal product increasing. Explicate the link between scarcity, choice and opportunity cost
Suppose now that the government reduces (t) and increases (t') so that the government budget constraint continues to hold. What will be the effects on an individual con-sumer's consumptionin present
Suppose nominal GDP in 1999 was $100 billion also in 2001 it was $260 billion. Illustrate what is the own-price elasticity of demand.
A construction company is bidding on a project comprising five high-rise buildings to be erected one after the other.
Explain your answer what would happen to the value of gold if public discovered that it could simply be made at home from inexpensive materials.
Shadow Bank 411 buys $3 million more securities in the market and "pays" for them with its account at Bank 411. Bank 411 borrows $3 million more as a first response.
Then you inherited a piece of commercial real estate bringing in $12,000 in rent annually.
Discuss the capture of the regulatory agency and your prediction as to the capture of the replacement regulatory agency and the politicians in the future.
Based on your graphical analysis, explain the predicted impact of Mr. Buchanan's proposed policies. Specifically state what happens to the exchange rate, the trade balance, the volume of imports, and the volume of exports.
Calculate the equilibrium buyers' also sellers' price with no sales tax also then with the 20% tax Supposed above.
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