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A local cable monopolist has demand and cost curves given by:
QD = 1000 - 2P
TC = 5,000 + 50Q
Prove that if the value of G is v1 and the value of H is v2 , then the value of G + H is v1 + v2 . Give an example of G, H which only have a common row strategy, but for which G + H has a different value than v1 + v2.
Suppose that you have the following sample: {3,4,4,6,8} estimate the mean and standard deviation.
The market for DVD’s has a supply and demand curve P’= 2Qs and P=42-Qd a. How many units will be traded at a price of $35? At $14? Which participants will be dissatisfied at these prices?
A certain machine will have a cost of $25,000 (then $) six years from now. Find the PW of the machine if the real interest rate is 10% per year and the inflation rate is 5% per year using
Monopoly and Perfect CompetitionIndustrial OrganizationSuppose a monopoly faces a demand function given by P = 100 - Q and it can produce any quantity of a the good at a constant marginal cost of $20.
Can you determine precisely by how much producer surplus has increased as a result of the $14.82 increase in the average fare? If you cannot be precise, can you determine whether it will be less than, or more than, a specific amount?
Assume that Country A has a population of 500,000 and only produces one good-cars. Country A produces 100,000 cars per year. The people in Country A purchase 90,000 cars, but there are not enough cars to fulfill all the demand. They decide to impo..
What exactly does Peter Houghtons memo say and Does the memo say that analysts should compromise their independence? How does the memo raise questions about analysts' independence?
how the Principle of Opportunity Cost applies to your life. Think of a recent decision you made. It could be a decision as simple as whether to eat out or cook your own dinner, or it could be a decision to quit your job and go back to school.
In the 1960's, the San Francisco City Government physically moved several houses from the Hayes Valley/Fillmore district to clear way for other development. What government power was the SF City Government invoking, and please discuss the concept..
what is the basis of the kinked-demand model? explain the reason for the gap in the oligopolists marginal-revenue
What is the optimum and sustainable price ceiling the government could impose?
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