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A company manufactures smartphone microprocessors whose cost function is given by C=6X+9, where X is the number of microprocessor chips. The selling price per unit is P=30-3X and maximum output of the plant is 30,000 units per month.
A. Determine the optimal demand for the microprocessor chips.
B. What is the maximum profit per month?
C. At what volume(s) of production does breakeven exist?
D. What is the company’s range of profitable demand?
Suppose that currency in circulation is $800 billion, the amount of checkable deposits is 1500 billion with the required reserve ratio on checkable deposits is 12% and banks hold an excess reserves of $50 billion. Calculate the money supply, the curr..
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What is the difference between the optimal level of total consumption minus the amount of total consumption generated by the market
Suppose that the U.S. government decides to charge beer consumers a tax. Before the tax, 15 billion cases of beer were sold every year at a price of $7 per case. After the tax, 9 billion cases of beer are sold every year; consumers pay $10 per case (..
Graphically, the reservation wage is shown by:
Two partners own together a small landscaping business in North Carolina, called Summer Lawn Care. They have been specializing in summer grass seeding
q.your bike is worth 200 and if you park it outside on campus there is a 10 chance that it will be stolen.a. what is
A forest owner in a developing country claims that he earns more m1y with carbon sequestration than with timber production.
Illustrate what is Betty's threat value. If Arthur and Betty cooperate together in settling their disagreement, what is the net cost of resolving the dispute.
Show the effects of an increase in the total factor productivity, z, on the Laffer curve, on the equilibrium tax rate, and on consumption, leisure, the quantity of labor supplied, and output.
Illustrate that there are any extra costs or benefits due to this shift.
q.this problem uses the solow model to analyze the e?ects of immigration. suppose that the economy is initiallyin
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