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Q1. The original revenue function for the microchip producer is R ô°‚ 170Q ô°€ 20Q2. Derive the expression for marginal revenue and use it to find the output level at which revenue is maximized. Confirm that this is greater than the firmâ€TMs profit-maximizing output and explain why.
Q2. Do you have materials on China and its neighbors and how international trading has affected China's neighboring countries?
Q3. Does a persistent balance of payment deficits result in a pressure to devaluate the currency? Why?
Elucidate an example of a microeconomic and macroeconomic phenomenon. Would you give an example of a microeconomic decision you have made at home or work.
In country B the opportunity cost of 100 gallons of beer is 0.95 tons of cereal. Both countries can experience gains from trade if the exchange rate for a ton of cereal is 96 gallons of beer
Suppose the entire civilian labor force is 20,000 people and the number of unemployed is 2,000 people.
Budget line showing the various combinations of scores on the two exams that she can achieve with a total of 400 minutes of studying.
Show how the transaction would have been recorded in the German balance of payments accounts. What was the net effect on the German balance of payments.
Small minimum efficient scale in assembly operations indicate high or low entry threat in the PC business
Calculate the original market equilibrium price and quantity in absence of the price support policy.
Expecting that wool prices would remain high, wool producers raised a lot more sheep.
the mainstream theory of the business cycle, is the most common source of reciession: a decrease in aggregate demand, a decrease in aggregate supply, or both.
Suppose that you are in a committee meeting of the United Nations
Compare the effects of an aggregate-demand-induced recession with an aggregate-supply-induced recession.
What happens to the demand for Sara's sweatshirts in long run. In long run, what happens to Sara's economic profit.
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