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A firm's short-run total cost is TC = and its marginal cost is MC = 7,700 - 200Q + Q2. What is the firm's shutdown price?
What is the future worth of a series of equal monthly payments of $5,000 if the series extends over a period of six years at 9% interest compounded?
Assume the demand and supply functions for a good are Qd = 200 - 5P + 0.002 INC0 , Qs = -100 + 8P , where INC0 is the exogenously determined average income- Find the equilibrium price and quantity if the average income is 45,000 dollars.
The problem is belongs to Economics and it is explain about a utilizing labor hours. A scenario of the United States with 32000 labor hours out of which either cars or pharmaceuticals can be produced.
Suppose that a government has an initial debt of $5 trillion and that the nominal interest rate is 5%.
What are automatic fiscal stabilizers? How do these stabilizers stabilize real GDP in the face of AD and AS shocks?
firms that compete with each other cournot game with identical cost function mc0 and the inverse demand py100 - y where
Does rudeness really matter in the workplace? Studies have established that rudeness in the work- place can lead to retaliatory and counterproductive behavior. However, there has been little research on how rude behaviors in?uence a victim's task ..
Data collected for n = 426 University of Maine instructors yielded a correla- tion between RMP and SET ratings of .68. Give the equation of a linear model relating SET rating (y) to RMP rating (x).
Assume that labor demand is given by Qd = 200 - 20P and labor Supply is given by Qs = 10P - 10, where P = wage and Q = quantity of labor. If a minimum wage of $8 is imposed on this market, what will be the impact on consumer and producer surpl..
Describe the innovation life cycle proposed by Abernathy and Utter back. Does the model provide a useful tool to guide and manage the innovation process? Do you see any weak points in the model?
Transatlantic air travel in business class has an estimated elasticity of demand of 0.40 less than transatlantic air travel in economy class, with an estimated price elasticity of 0.62. Why do you think this is the case?
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