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Explain how the profit maximizing price and quantity of resources in factor markets under perfect competition are determined by marginal analysis.
suppose the cost function is cq 50 q - 10q2 2q3. what is the marginal cost of producing 10 units? my teacher said it
In the loanable funds market,
If your holding period is 1 year i.e., you have to sell this bond after one year, what price will you end up selling at. Show your work. What is your effective rate of return.
An economist published a research paper arguing that the multiplier from a proposed fiscal stimulus of 25,000,000 will be 1.5. in other words the ratio of the total economic impact of the stimulus spending to the original amount spend by the governme..
Shut-down costs are estimated to be $400M, and the cost of caring for the hazardous wastes is $10M per year for the 100 years after the facility
Dumping and predatory pricing involve selling at very low prices, even below cost, for the purpose of driving competitors out of business. If a firm were to succeed it would be a monopoly and could raise prices accordingly. When free trade increases..
Lone Star Industries offers online automobile Insurance to preferred risk drivers in the state of Texas. The company is the low cost provider of insurance in the market with fixed costs of $18 million per year, plus variable costs of $750 for each dr..
Can cross-divisional integration and leverage be achieved without reducing decision making ability at the divisional level?
1. There is a fruit seller who has 30 Kgs of apples to be sold and he wants to fix a price so that all the apples are sold. There are three customers in the market and their individual demand functions are given below:
Mr. White is planning to take early retirement. He has decided that he needs dollar 15000 per year to live on, for the first 5 years of his retirement; after that, his Social Security and other pension plans will provide him an adequate retirement in..
At the profit maximizing level of output for a monopolist:
Suppose that twin eye doctors work across the hall from each other. Even their parents have trouble telling them apart, and they both went to the same medical school. From this information, we would guess that the price elasticity of demand for eithe..
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