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Consider a situation where a monopolist faces the following inverse market demand curve p = 100 - q and the following cost function TC = 4q + q2
a) derive the marginal revenue and marginal cost functions
b) what are the equilibrium price and quantity if this market behaved as if it were perfectly competitive?
Evaluate Gatorade’s decision to launch the new G Series product line and the challenge this represents to the company from an integrated marketing communications perspective.
Gold cost $100 an ounce at the beginning of 1971. At the beginning of 2015, gold was $1200 per ounce. By what compound annual percentage rate has the price of gold increased over this period? State the answer as a percentage, to two decimal places.
Which of the following would cause the demand curve for rice to shift to the left?
Identify those who gave us the concepts of monopsony and human capital.
Your car breaks down. a good friend of yours offers to loan you $1,000 so you can have the car repaired and returned home. your friend will charge you only $50 interest for the loan, but you have to pay it back within one month. what are the annual a..
Transportation equipment that was purchased in 2007 for $300,000 must be replaced at the end of 2016. What is the estimated cost of the replacement, based on the following equipment cost index? Index (2007)=236 Index (2016)=281
q.the central bank of the fictitious country omega raises bank reserves by 100. what effect will the increase in bank
Evaluate the financial performance of the automotive segment of GPC from 2007 to 2011.
q1. why would the traditional poverty measure created in 1963 be misleading?q2. suppose that as the result of recent
q.alices utility is given by x as well as y are goods as well as l is the amount of hours that alice works. alice can
Consider the famous diamond-water paradox: water is necessary for life and extremely useful, but is very cheap on a per gallon basis (NYC charges $3.70 for 748 gallons), while diamonds are not much use for most things, but extremely expensive on a pe..
Identify one product for which consumers normally have elastic demand and one product for which consumers normally have inelastic demand.
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