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In 1971, Congress conducted headings on emergency loan guarantee legislation for Lockheed Corporation, which was in the middle of a severe liquidity crisis due to losses on a number of military contracts. The loan guarantee was intended to allow the company to complete development of the L-1011 Tri-Star program (production of a new commercial aircraft). One estimate of the average cost (in millions of dollars) per aircraft during the program was AC = 100(TQ) -.5 = 100/SQRT(TQ), where TQ demotes the total number of aircraft produces to date. What is the average cost of the first aircraft> The 2nd? The 49th? The 100th? For every doubling of cumulative output, by what percentage does average cost decline?
Analyze the benefits and de-merits of utilizing the mobile computing technology to monitor the patients. Assess the security concerns with regard to transmission of the personal medical information over the wireless networks.
An entrepreneur plans to convert a building she owns into a video-game arcade. Her main decision is how many games to purchase for the arcade.
It has been evaluated that 30% of all farms are family-owned. In sample of 12 farms, determine the probability that exactly 3 farms are family owned?
Profit & loss problem of one variable quadratic equation.
Calculate the coefficient of skewness and coefficient of variation of minutes spent commuting. What do these statistics tell us?
Utilize the linear probing method of the collision resolution. Print out the tables after the data values have been stored. Search for ten several values in each of the three hash tables
The first unit produced after the calibration effort to be found to be defective. What is the probability that machine is in adjustment?
The subcontractor says that original check was for only $10,750. Jonathan looks around office however was not able to determine the company checkbook or ledger.
Sketch Flow diagram and explain the extraction process - What is the purpose of extracting the organic layer with water in the first extraction step?
Problem on profit & loss
A firm in perfectly competitive 'industry has this cost function: TC = 900 + q^2-If market demand is QD = 1800 - 20P, what is the long-run equilibrium price, quantity produced by the firm and the industry, and the number of firms in the industry?
What is the level of price, output, and amount of profit for an unregulated monopolist? Analyze the effect of regulation on the allocation of resources. Which situation is most efficient? Which situation is most likely to be chosen by government? ..
Use the production possibilities frontier (PPF) to demonstrate economic growth.(Growth and the PPP)
Mention and describe the three theories for why the short-run aggregate-supply curve is upward sloping.
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?
What is the optimal level of production of wine decanters? Verify that this level of output maximizes not minimizes profit
Using the IS/LM model, demonstrate the effect of each of the following changes.
Find out average fixed costs when the firm produces 50 widgets per day. Find out average total and variable costs for producing 49 widgets.
In Bayonne, New Jersey, there is a large beauty salon and a number of smaller ones. The total demand function for hair styling per day is Q=180-10P, where P is in dollars.
What are the firm's fixed costs? What is the firm's marginal cost? Now suppose other firms in the market sell the product at a price of $10.
When McDonalds Corp reduced its price of the big mac by 75 percent-Using your knowledge of game theory, what do you think disrupted McDonald's plan?
Discuss the impact on wages, employment in the industry, and the economic welfare of the following input market structures. In which case will the deadweight loss be the smallest?
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