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If a specific subsidy (negative tax) of s is given to only one competitive firm, how should that firm change its output level to maximize its profit, and how does its maximum profit change?
Suppose a landscaping firm offers a wage equal to $41. What is the average productivity of its workforce? On average, what is the firms profit per worker?
Evaluate eskom product in term of the factors which determines price elasticity of demand of the time and nature of the product
You are the CEO of a firm currently earning $10M/year in economic profits. Your head of marketing comes to you with what she calls a brilliant marketing campaign. The campaign costs $6M, and is a go-big-or-go-home campaign: there's a 70% chance it..
Suppose a monopolist has an inverse demand function given by P = 100Q-1/2. What is the monopolist's optimal markup of price above marginal cost?
Is there any way for Mike's Bikes to avoid having excess capacity in the long run?
raw which contains school level pass ratesas a percent on a 10th grade math test.i the variable expend is expenditures
However, within each group those with more predominant Afrocentric features received harsher sentences. (Interestingly, after controlling for severity of offence and degree of Afrocentric features, white inmates received longer sentences.)
All consumers meet at time 0 to trade. What is the equilibrium? Is exigency restored?
Compute the projected profit for the order quantities suggested by the management team under three scenarios: worst case in which sales equal 10,000 units, most likely case in which sales equal 20,000 units, and best case
You work for a large company that recycles plastic drinking cups used by workers. The company wishes to generate $5 million by the end of the recycle program's 5 years life ($1,000,000 per year). Each recycled cup is sold for one-half cent. a) How..
If the true price level during the war was actually 20% higher than reported, would that mean real GDP is higher than the official number reported in question 10b (states GDP growth to be 189%), lower than that number, or is it still the same as t..
Derive the formula for the rate of technical progress. What parameter restrictions would guarantee linear homogeneity of the cost function in input prices? Prove your answer in clear steps.
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