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This question is based off of Walter Energy (WLT) a publicly traded company.
How does the Average Total Cost (ATC) of the mines in Canada compared to the ATC of the Alabama mines? Sketch the ATC and Marginal Cost of the whole company (include all mines in the graph, the graph has to be approximate, it should give an idea of how costs evolve with production). Also include in your graph the Minimum Efficient Scale production level.
q.1. as per concepts of production function indicate whether each of the following statements is true or false.
both the short run and the long run assuming that the government takes no action in response to the oil price increase.
q.at a recent board meeting ceo and president got into a heated argument about whether to shut down the firms plant in
q.assume that we have a expenditure function of the form c 220 0.9timesyp where yp is permanent disposable income.
Assume that a consumer can buy only two goods, A and B, and has an income of $100. The price of A is $10 and the price of B is $20. Illustrate what is the slope of the budget line if A is measured horizontally and B is measured vertically.
Compute the output and price of wood working if it is produced under competitive condition without regulation. Determine the socially efficient price and output of woodworking.
q.the market for tennis balls is dominated by two firms wilson and penn. the research department of wilson has
Explain the implications of those classifications on tax revenue collections when the per-unit tax increases as opposed to decreases.
What is the effective rate of protection for the automobile industry in country A, if there is a tariff of 25 percent on imported automobiles and a tariff of 50 percent on imported inputs used in this industry.
The economy for latest commercial equipment has dropped in the last seven quarters. You require a latest niche. You are the CEO. You will not fire anyone.
q1. in your opinion in your own words should the united states lead globally? explain why or why not?if yes illustrate
Calculate equilibrium level of income in goods market if i=10 also calculate equilibrium level of income in money market if i=10.
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