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Two manufacturing firm, located in cities 90 miles apart, both send their trucks four times a week to the other city full of cargo and return empty. Each driver costs $275 per day with benefits (the round trip takes all day) and each firm has truck operating costs of $1.20 a mile. How much each firm save weekly if each could send its truck twice a week and hauled the other firm's cargo on the return trip?
Elucidate the common kinked-demand model. In the oligopolist's marginal-revenue curve, elucidate the reason for gap. In this model explain how does price rigidity in oligopoly.
Create an 3-6 page report, that includes an explanation and/or examples of: A circular flow diagram that includes the government sector. For this part of your paper, you should include a description of the roles that each participant plays in the eco..
What is the equilibrium price paid by the demanders for merino ewes now. Elucidate what is the equilibrium price received by the suppliers for merino ewes.
Between two production technologies firm can choose a new product line. If it installs expertise 1, it's annually costs.
Economists’ models generally produce solutions that allow polluters to continue polluting to some degree. Why do economists favor allowing some pollution to continue? Provide a simple model that yields that result, explain the argument, and comme..
Briefly elucidate how three aspects of the demographic transition model account for europes tranfomation into a destination region for migrants from north africa between 1960 and 2000.
What price and quantity will prevail if the monopolist isn’t regulated? What price-output combination would exist with efficient pricing (MC = P)?
q. based on market research a recording company obtains the following information about the demand and production costs
Why and under what situation should a company continue to operate when getting negative economic profits
Illustrate graphically the equilibrium of such a monopolistic firm.
Elucidate how does that fact that many goods are non traded affect the extent of possible gains from trade.
Assuming sum-of-years digits depreciation, what book value will Model-I have after two years.
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