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Demand P (q)=100-2q Total Costs C(q)=10+20q . Calculate marginalcost for a firm in this industry. The marginal cost is graphed below, what is special or interesting about this marginal costfunction? Verify the monopolist equilibrium is (Q=20,P=60). What is the perfectly competitive equilibrium? Calculate dead weight loss a rising from the monopoly equilibrium.
If you were an economist for Mattel, manufacturer of the doll Barbie, determine which was making an unsolicited bid to take over Hasbro, manufacturer of G.I. Joe,
Suppose that they are thinking of each specializing completely in the area in which they have a comparative advantage, and then trading at a rate of 2.5 pounds of potatoes for 1 chicken, would they each be better off? Explain.
Calculate the total money creation in the economy with the help of formula and how the banks create money with the help of given information.
Write a research paper that explains the following theories: Demand Curve and relationship to price. Supply Curve and relationship to price.
Restaurant Marketing Services, offers affinity card marketing and monitoring systems to fine dining establishments nationwide. Fixed expenses are $600,000 a year.
Price can be substituted for marginal revenue in the MR = MC rule when an industry is purely competitive because price minus cost equals marginal revenue. and marginal cost are the same in pure competition. is the same as average revenue.
Imagine you are leading a team of designers for a new software product. During the kickoff meeting, the team starts to discuss design guidelines.
Elucidate that the indirect utility fuction of quasi convex function of prices and income
if companies in the automotive industry are considering a merger with another automotive company, what complexities would arise under this scenario of expansion of capital projects
The market demand for a public good can be determined by A)adding up how much each consumer is willing to pay for each unit of the public good. B) Adding up how much each citizen expects to consume at each possible price C) Adding up the total pri..
Suppos university officials feel tht the price of football tickets at your school is too expensive and decide to limit how much the athletic department can charge for a ticket to a single game. What will result from this decision? Choose one or mor..
What is the internal purchasing power of the Canadian dollar? What is the internal purchasing power of the euro in France? What is the implied exchange rate of CAD> EUR that satisfies absolute PPP?
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