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In the following question, all dollar values are expressed in thousands of dollars. Suppose that the total city-wide demand function for private school seats Q is given by: Q(p) = 24710 - 2500p Each private school's long run total cost function is given by: TC(q) = 900 + 0.655q^(4/3). Then, each private school's marginal cost function is given by MC(q)=(4/3)x0.655q^(1/3) A) Calculate the average cost AC(q) B) In order for the private school market to be in long run equilibrium, how many children are served in each private school? What is the tuition (per seat in the school) charged in each private school? C) How many private schools are operating?
Part 1. Identify most sold bread type
1. apply the appropriate exponential smoothing model to create fit estimates of the monthly data below.nbsp tell me why
Which of these four scenarios are most important today? Your answer may include more than one scenario.
the research paper will be 6 to 8 pages long double spaced with a minimum of 5 references exclude the text. you should
imagine you are the marketing manager responsible for developing marketing strategy for a bicycle company. propose the
The Company you work for is considering the acquisition of new equipment. The required initial investments of $45,000 and the projected cash benefits over a three -year project life are $14400, $17340, and $25760;
A firm that has the ability to control to some degree the price of the product it sells...
Customers to Live Theaters, Inc. can be divided into two groups: seniors and everyone else. The inverse demand curves for each of the two groups are given below. The marginal cost (which equals the average variable cost) of serving an additional p..
the demand for international flights in the us is on average less elastic to price than the demand for domestic
On a supply and demand chart, what would the slopes have to look like for a consumer to pay the whole amount of an excise tax equal to exactly the cost of the tax instead of splitting it with a producer?
A German Toy Corporation was formed to produce plastic toy soccer balls. The firm bought land for $250,000 had a $500,000 factory building erected, and installed special plastic manufacturing tools for $20,000.
Advertising can inform buyers, but sellers must incur costs to advertise. If so, advertising can result in higher prices to consumers. Does this mean advertising is economically inefficient If not, explain how it can simultaneously create value an..
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