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Q. You are the manager of a monopoly which faces a demand curve described by P = 230 - 20Q. Your costs are C = 5 + 30Q. The profit-maximizing price is
Q. Assume the graphs represent the demand for utilize of a local golf course for which there is no significant competition (it has a local monopoly); P denotes the price of a round of golf; Q is the quantity of rounds "sold" every day. If the left graph represents the demand during weekdays also the right graph the weekend demand, this profit-maximizing golf course should:
Write expressions for total revenue and marginal revenue as a function of the number of tickets sold and compute the profit-maximizing quantity of tickets.
Assume that at this time in the nation of Economic when families split up there are no required child support payments.
If the number of labor hours increases by 10% and the number of hours of capital used decreases by 10%, what is the percentage change in output.
Consider a small economy in which consumers buy only two goods pies and tarts. In order to compute the consumer price index for this economy for two or more consecutive years.
Illustrate what change in the economic enviJorgement led to this new equilibrium.
If there was a capital gain tax of 30 percent, what is the after-tax real interest rate, with the inflation rate of 8 percent.
The setup cost is $100 per order up to 99. For orders of less than a pallet, the setup cost is $200. The setup cost for pallet loads is $1000. The holding cost is 1% of the purchasing cost per item per week.
Would the sales of pollution rights or certificates be an efficient means of allocating a given amount of pollution.
In recent decades Americans have increased their purchase of stocks of foreign base companies.
Illustrate what is the most money you can make on this position. Elucidate how far can the stock price move in either direction before you lose money.
Assessing the development of the discipline from today's perspective, how would Keynes's impact compare with that of your candidate.
The zinc also copper monopolists every set a price, believing that the other monopolist will not change its price. Conclude the equilibrium price of brass.
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