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Currently a monopolist's MR = $5 and its MC = $10 and it services 10 consumers. An 11th consumer walks in. Should the company service her?
Select one:
a. Yes, mr > mc, so it should service her.
b. Yes, mr < mc, so it should service her.
c. No, mr > mc, so it should not service her.
d. No, mr < mc, so it should not service her.
What is the firm's short-run demand function for input Z? How much input Z will the firm use when the price is $40? When the price is $80?
Each station's objective is to maximize its viewing audience, in order to maximize the station advertising revenue.
In this exercise, you will find actual points on the combined PPC of the two states. For each of the following values of one good, calculate the maximum amount of the other good that the two countries could produce working together.
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Explain your reasoning also explain Illustrate what she needs to do methodologically to make a stronger case.
Illustrate what direction wills each of the subsequent occurrences shift the consumption also saving schedules, other things equal.
What are monopolist's profit maximizing output and price. What is resulting deadweight loss relative to competitive outcome. Suppose government levies a specific tax of $5 per dose on monopolist.
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q1. compare and contrast the way classical and keynesian theory determine the demand for money and how it is related to
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