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Q. "Based on market research, a recording company obtains the following information about the demand and production costs of its new CD:Price=1000-10QTotal Revenue=1000Q-10Q^2Marginal Revenue=1000-20QMarginal Cost=100+10Q(P is the price in cents)
a. Find the price P and quantity Q that maximizes the company's profitb. Find P and Q that would maximize social welfarec. Calculate the deadweight loss from monopolyd. Suppose, in addition to above costs, musician on the album has to be rewarded. Company is considering 4 options.
Suppose that on January 1, the price of one hundred yen was $0.80 and PPP held. Over the year, the Japanese inflation rate was 5 percent and the U.S. inflation rate was 10 percent.
Calculate the price elasticity of demand for Newton's Donuts
Calculate the constant debt-GDP ratio that the country can achieve if the country runs a primary budget deficit of 3%. Is this debt-GDP ratio stable.
Assume that society changed as well as encouraged both young women as well as young men to consider a wide range of careers.
The two firms have the same demand curve P=100-4Q, Marginal cost of Firm 1 is 5 and for firm 2 is 10.
Discuss the Social Security System, current status and future outlook. Be thorough and focus on the economic considerations. Cite at least 6 sources.
Repeat these calculations for the third, fourth, and fifth years, assuming that the Government taxes at a rate each year and has noninterest expenditures annually.
Are the assumptions the same as under a simple linear regression. What does TSLS imply about the data if a strong F is found.
How much deadweight loss does Great Reception causes when it restricts output and charges a price above marginal cost.
Calculate the firm's optimal output and profits if prices rise to $65 per unit and also calculate equilibrium output, price and profit levels if the firm is typical in its industry.
If there was a capital gain tax of 30 percent, what is the after-tax real interest rate, with the inflation rate of 8 percent.
Does a persistent balance of payment deficits result in a pressure to devaluate the currency.
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