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Q. A retailer can obtain digital cameras from the manufacturer at a cost of $150 apiece. The retailer has been selling the cameras at the cost of $340 apiece also at this cost, consumers have been buying 40 cameras a month. The retailer is planning to lower the costs to stimulate sales also estimates that for each $5 reduction in the cost, 10 more cameras will be sold each month. Express the retailer's monthly profit from the sale of the cameras as a function of the selling cost. Estimate the optimal selling cost.
Suppose that the supply curve of healthcare services is perfectly inelastic. Analyze the impact of an increase in consumer.
Assume Arturo is willing to trade 6 burritos to Dina for each 10 tacos which Dina produces also send to Arturo.
Illustrate what is the marginal income product of hiring one low-skilled worker to clear woodland for one month.
What price and quantity will result once the copyright expires and competition emerges in this market. Elucidate your answer.
the demand for electricity and the concept that nuclear is cleaner than coal and who the special interest groups are that's involved
Illustrate what is the difference among the short-run also the long-run for a perfectly competitive firm in terms of costs also profits.
Madelyn owns a small pottery factory. She can make 1,000 pieces of pottery every year also sell them.
Elucidate how does a industry conclude its prices also the quantity of labor required in the resource marketplace during a specific period
Suppose that the market price for a bottle of vitamins is $2.50 and that at that price the total market quantity demanded is 75,000,000 bottles.
Write the total and marginal revenue functions.
Compute the equilibrium level of income. Sketch this equilibrium position using a two-dimensional graph.
Identify three roles for money: money is a unit of account, a store of value also acts as a medium of exchange.
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