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Q. The demand function of a manufacturers production is P=1000-2q where P is the price(per unit) when Q units are demanded(per week) by consumers. What is the marginal revenue when 250units are produced?
Q. Describe why it is often asserted that exporters suffer when their home currencies appreciate in the real terms against foreign currencies and prosper when their home currencies depreciate in real terms.
Has consumer surplus been affected in any way due to the changes in the auto structure of industry
If a random sample of 400 clients is elected, what is the probability of Type I error using this decision rule.
Do protectionist policies benefit producers, consumers, workers, or the government
Illustrate what is your opinion of the restaurateur's decisions. Would you recommend that she accept the $66,000 offer.
which nation should the company locate its new plant so as to minimize costs per unit of output.
Which financing method will result in the greatest number of prisoners surviving the trip
Economic surplus could be increased at a higher price because firms would generate more revenue.
movements along the consumption function while changes in wealth lead to a shift of the consumption function.
If most businesses in an industry are earning a 13 percent rate of return on their assets, but your firm is earning 23 percent what is your rate of economic profit
Explain how could those same inventory systems quickly transmit large demand shocks directly to sudden, deep recessions.
Assume which one company acquires all the suppliers in the industry and thereby creates a monopoly.
Economic laws are established in order to make successful prediction of the outcome of human action.
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