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Consider a city that has created a monopoly market for package deliveries. Suppose market demand for annual deliveries in millions is Q = 18 – 1.0P, each delivery truck’s weekly cost is C = 1800 + 3 q and each truck can make 280 deliveries per week. It sets a delivery price of $15.
a) What is the excess profit per year earned by each truck?
the e-activity presents two contrasting points of view. the employees who have been laid off and weyco incorporated
The government decides to tax cookbooks because they feel that they encourage overeating and can lead to health issues, like obesity and heart disease. Answer the following: in 600-800 words
1. What are the four areas from which capital can be obtained to expand assets 2. What is the advantage of long term debt (bonds) verses short term debt (current) 3. How can you determine when a bond comes due 4. When emergency loans are taken, when ..
A firm with market power produces widgets at marginal cost of $10 per unit and zero fixed costs. It faces demand function given by P = 50 - Q. Find out the marginal revenue for the firm?
Define, describe and illustrate with a diagram one opportunity cost for a person starting up their own business
why cash transfers typically would be preferred by recipients over in-kind transfers? write down the pros and cons of
What is the maximum amount of harvest that can be sustainably achieved in this system? What level of biomass generates this amount of harvest?
1. the owner of a tropical forest harvests timber so as to maximize his own profit from the land. this forested land
The only two consumers in an exchange economy, consumer A and consumer B, consume the only two goods, X and Y, in the economy. There are 20 units of X available and 20 units of Y.
consider an economy with the following aggregate demand ad and short-run aggregate supply sras schedules.
statements that best describes the idea of a “consumption vocabulary."People who have a larger vocabulary consume more .
suppose you bought a ticket to a football game for 30 and that you place a 35 value on seeing the game. if you lose the
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