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Describe the relation between marginal and average costs.
Describe the relation between marginal and average fixed costs.
Describe the relation between marginal and average variable costs.
Currently, boats rent for $500 per day and workers cost $100 per day. Suppose your company decided purchase 12 shrimp boats (Jenny 1 - Jenny 12). These boats are a fixed resource for the firm. Illustrate what is the short run total cost of produci..
Calculate the price of elasticity of demand for paint and show your calculations. decide whether the demand for paint is elastic,unitary elastic, or inelastic. explain your reasoning and interpret your results.
A struggling company currently has a total value of $700,000. It owes $500,000 from debt financing (assume these are loans from the bank if you wish). The value of the company to the owners is the difference between the total value and the amount owe..
Evaluate why only the convexity of preference relation cannot guarantee that the indifference curve is strictly convex to the origin.
Converse the latest equilibrium price also quantity to result from these changes.
q1. the simple is-lm model predicts which cutting the governments budget deficit will reduce output in the short-run.
1 briefly describe how you would get the product to buyers in that same country through an international joint venture.
Write a essay about 300-400 words about Gross Domestic Product of Viet Nam : analysis of Viet Nam economy's GDP composition and growth over time, as well as an investigation of Viet Nam's basis for income generation and any and all constraints to gro..
Suppose that your firm is the only producer of a high-tech sports utility vehicle for North American markets. Assume a constant marginal cost of $25,000 to produce each vehicle and no fixed costs of production.
What are the similarities and differences between the major political, economic, and social developments in the first half of the twentieth century and those in the second half of the century?
Draw and explain a production possibilities frontier for an economy that produces cars and computers. What happens to this frontier if a new technology was created which reduced the production cost of steel by 75%?
The demand for coffee is given by the following equation, where QD stands for the quantity demanded and P stands for price. At what price is quantity demanded equal to zero (this is, graphically, the vertical intercept of Demand)? What is the slope o..
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