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Q1. Assume you are the Chief Economic Advisor to the President of the United States and the President has asked you to review the deficit reduction proposals that were submitted by his commission. Select 2 commission recommendations you agree with the most and the two you disagree among the most also write an explanation to the President explaining your 4 option. Explain in detail rather than general in your recommendation.
Q2. Suppose you have 10 individuals with values (1, 2, 3, 4, 5, 6, 7, 8, 9, 10). You marginal cost of production is 2.50. Elucidate the profit-maximizing price?
Using this demand function, find the total revenue function. What is the shape of the total revenue function.
This question uses the general monetary model, where L is no longer assumed constant.
Assessing the development of the discipline from today's perspective, how would Keynes's impact compare with that of your candidate.
What are the annual accounting costs for the firm described above? What are the annual explicit costs for the firm described above?
Give a detailed explanation about how the engineer's income generation as described above affects GDP and GNP of U.S.
What is the relationship between marginal cost and marginal revenue when single-price monopoly maximize profit.
For each level of output except zero output, calculate the average variable cost, average total cost and average fixed cost.
The third largest city of a country has a population of 12.5 million.
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles.
What must the CFO expect about the Australian Dollar/US$ exchange rate 1 year from now if she chooses to invest in the US $ CD's instead of the Australian CD's.
Walmart founder Sam Walton amassed an enormous fortune in discounts retailing one of the most viciously competitive markets imaginable.
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