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1. Given the demand curve P= 2,000 – 2Q and marginal costs of MC = 1,100 + 2Q, the firm’s profit will maximize at equilibrium price and output of:
2. Based on the demand and cost function in previous question, in a two-part tariff pricing strategy, what is the most fees (leaving buyers with zero consumer surplus) the seller is able to charge?
What is data base method? What is judgmental method? What are some of the difficulties on forecasting? When are these methods qualitative and quantitative?
Equilibrium in the market occurs at a price of $2,500 and a quantity of 10,000. Draw the demand curve that must exist if consumers bear the entire burden of a $500-per-TV tax imposed on this market
Illustrate what recording fee would you advise Johnny to demand from the record company.
The municipal swimming pool charges lower entrance fees to local residents than to non-residents. Conclude that non-residents must have for swimming at the pool than residents.
The government wants to eliminate the inflationary gap by changing expenditures. What policy do you suggest? By how much will unemployment change after you policy has taken effect?
q.the solow growth model. in 2010 japan was a large open economy with perfect capital mobility that was at its steady
If the unemployed workers in the newly unionized sector spill over into the nonunion sector? How many employees will be hired in that sector? D. What is the union relative wage advantage? What is the true absolute effect?
Illustrate what is now the effect on gold consumption also mining of an increased utilize of gold as money.
From an economic perspective, reprocessing is a money loosing proposition since we derive negative profits from it.
q1. cross-price elasticity. b.b. lean is a catalog retailer of a wide variety of sporting goods and recreational
Would a typical hedger be willing to pay a risk premium in order to hedge by buying foreign currency forward.
Rent control is an example of a price ceiling. Which of the following problems must be addressed under a rent control program?
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