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Why are government imposed "nationalization of industries so pricing is at marginal cost" and "average cost pricing" both second best outcomes to the competitive markets? P=MC=min ATC long run equilibrium?
You should include a brief explanation of approximately 50 words for written answers to receive full credit: How might protective tariffs reduce both the exports and the imports of the nation that levies tariffs? In what way do foreign firms that “du..
1. Use the Energy Information Administration (EIA) site to answer the following questions (see the links below).
1. what is the legislationpolicy that will be analyzed in this paper?2. what is the problemissue that this legislation
a local hardware store is trying to decide whether to stay open. they have found that their industry is extremely
a describle the notion of balance of trade accounting?b describe the following current accounts merchandise trade
you are the administrator for a medical practice. assume all of your practices patients are covered by insurance.
1. consider two countries vietnam and china producing two goods textiles and televisions. suppose that textile is
the world bank is currently advising newly industrialized countries on how to encourage growth and they have asked for
1. consider a demand curve of the form qd20-2p. also consider a supply curve of the form qs2p-4. graph both curves
The difference between the average earnings of eye surgeons and those of janitors is an example of
Find the equilibrium price, quantity produced, and quality level.
the cost function of a competitive firm is tc250.01q2 and the corresponding marginal cost function is mc0.02q.a how
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