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The following is a cost function for clinic visits in a small inner city clinic: a.Determine the marginal cost for each level of output.
b.If the price per visit is given to be $25, at what level of visits will the maximum profit position be? What are the profits at this level? What is the quantity supplied?
c.If the price per visit increases to $45, what will be the quantity supplied assuming maximizing profits?
Looking to raise profitability in perfectly competitive marketplace. How to efficiently plan production?
Should a country's income be distributed to its members based on their contributions to production of that total income or according to the member's requires?
Suppose you are a junior analyst at a well-known mutual fund corporation and are assigned to value, say, the stock of General Electric.
Explain how does the timing of lay-off and hiring decisions made by firms explain the misleading characteristic of this indicator.
Illustrate what trends are in the data sets. I need to support my assertions of trends with statistical evidence.
Suppose Ke, the required rate of return, goes up to 12 percent; what will be the new value of Po?
Explain how many popsicles will be sold every day in the short run if the price rises to $2 each. In the long run, if the price rises to $2 each.
Elucidate this point of language so that it is understandable to someone untrained in economics.
Assume there are two types of investments, business investments. There is a permanent increase in the nominal supply of money.
Globalization and global trade have led to increased competition in world markets and increased allocation of scarce resources. Is it accurate to say that this is contributing to increased consumer surplus and reductions in inflationary pressures.
Illustrate what are the four stages of the Business Cycle. Compare and Contrast five internal and external Business Cycle theories.
Explain in your own words what happened with these companies which caused an international financial crisis. Identify at least one management goal for Fannie Mae and Freddie Mac.
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