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Short-run demand and cost schedules
A firm estimates it has the following short-run demand and cost schedules for a planned new product: Q = 300 - 6P and TC = 450 + 5Q. What initial price should the firm charge?
What are some of the positive externalities of education? Why may higher education offer fewer positive externalities than primary or secondary education?
What is autarky price and quantity equilibrium for both home and foreign? What is the open trade price and volume under free trade.
Draw marginal revenue function for this firm. What is the profit-maximizing price for this firm? On the graph describe the area, this represents the net loss to society resulting from the monopoly power conferred by the patent.
Two articles Fed Official Expects Growth also Are Inflation Expectations Rising from the Ashes. Illustrate what exactly is the Federal Reserve.
Which of these would cause the demand curve for bison (American buffalo)
Explain how does the Federal Reserve accomplish these goals.
Illustrate what are the major differences among an open and closed economy
Assume the airline industry consisted of only 2 firms: American and Texas Air Corp. Let the two firms have identical cost functions, C(q) = 40q. Suppose the demand curve for industry is given by P = 100 - Q and that each firm expects the other to ..
What price will the monopolist charge and how much output will he produce? Sketch a diagram of this market and show the equilibrium price and quantity. In addition, calculate the firm's profits.
An entrepreneur plans to convert a building she owns into a video-game arcade. Her main decision is how many games to purchase for the arcade.
Macroeconomics questions, discuss the short-run and long-run effects, Keynesian model, Distinguish between ongoing demand pull and ongoing cost push inflation.
Fiscal policy refers to the use of government expenditures or tax policy to influence the aggregate demand for a specific purpose.
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