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Economic Profile of the Home Building Industry
Provide an economic profile of the home building industry. Include an industry profile, industry size information, and current development and trends within this industry. How does the economy effect the home building industry? What are economic influences that affect the industry in a negative way? Bullet points only, Not more than 500 words
Draw a diagram showing the current situation of the firm. In addition to the above information, suppose the price of the output is $13/unit, if the firm wants to maximize its profit, what should it do? Explain in detail with the aid of a diagram.
Suppose a product sold in a competitive market is subject to a government price control. Suppose the regulated price is less than the free market equilibrium price.
Illustrate what is the present rate of unemployment and the current rate of inflation
The raise of Hispanics in the labor force but required data showing what it means. Explain how much of and increase in the labor force.
Illustrate role do property rights play in creating common property resources? Why are common property resources subject to market failure due to nonexcludability.
Later on evaluating either it should build the company the firm decides that it should:
Discuss the likely sources of the economies of scale that underlie the large size of these firms. [Note: the stocks of private firms are not traded on public stock exchanges
What are those key objectives and what are the key tools the Fed plans to use to achieve those objectives?
Discuss actions the government could take to induce firms in this industry to produce the socially efficient level of output.
Suppose you're an economic advisor in charge of trying to raise a maximum level of tax revenue for the government. You consider taxing the suppliers in the market for corn, a major agricultural product in the United States.
What is the profit-maximizing price-output combination and what are the levels of the profits and consumer surplus at that point? What is Dead-weight-loss?
A company produces two main products: electronic control device3s and specialty microchips. The average total cost of producing a microchip is $300; the firm sells the chips to other high-tech manufacturers for $550. Should the company produce con..
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