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Q. Suppose that every time one of se widgets is purchased, widget spontaneously produces a spectacular fireworks display that is enjoyed by all of people in immediate neighbourhood. Each of se fireworks displays is estimated to provide thrills and excitement for onlookers (not including purchaser) that would otherwise cost $100 to provide. Thus external benefit generated by sale of marginal widget is $100, regardless of how many widgets are purchased.
Elucidate what is the calculation for a stock with a beta of -03, 07 and 1.6. Show calculations in 3 separate answeres.
Illustrate what is the equilibrium price. If supply at every price is reduced by five gallons, what will the new equilibrium price be.
Sketch the monopolistically competitive firm's demand curve by plotting one point on the horizontal axis and a second point on the vertical axis.
Indicate what the short-run price elasticity of demand for tires is 0.9. If a tire store raise the price of a tire from $50 to $60, by the price elasticity of demand.
The relative price rule is equivalent to saying the marginal utility per dollar is the same for both goods, or goods should be consumed in the same ra5tion as their relative price.
Suppose that a firm's only variable input is labour. When 50 workers are used, average product of labour is 50 and marginal product of labour is 75. Wage rate is $80 and total cost of fixed input is $500. Illustrate what is average variable cost. ..
Explain it surprising that the company's revenue increased when it decreased the average selling price of its phones.
Illustrate what does this imply about the effectiveness of monetary and fiscal policy to reduce the unemployment rate.
Describe why some long-run average cost curves are steeper on the downward side than others.
Elucidate how has the number of payroll jobs changed over the last 3 months and over last year in Antigua and Barbuda.
Assuming that budget stays same except for interest on debt for 10 years, what will be accumulated debt? What will size of budget be after 10 years.
A profit-maximizing firm in a competitive market is currrently producing 100 units of output. Elucidate firm's profits, marginal cost, and average variable cost respectively.
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