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The production function is given by f(x)=4x^1/2. If the price of a commodity produced is $60 per unit and the cost of the input is $20 per unit, how much profit will the firm make if it maximizes profit?
Assume that Densa Inc. falls 10 percent short of producing the profit maximizing output. Would a higher product price lead to greater output
Appalachian Coal Mining should minimize net cost by choosing that level of pollution
Explain how does the bank's Find outing relate to economist's traditional focus on Illustrate what people do, rather than Illustrate what they say they will do.
Illustrate what happens to the equilibrium price and quantity in each market. Which product experiences a larger change in price.
q. imports of peanuts into the united states are subject to a quota set at about 1.7 million pounds per year.a.
Illustrate what whould be the appropriate elasticity to compute. Using the midpoint method, compute this elasticity.
the shortcomings of NAFTA for the last 20 years including what each country has lost as a result of NAFTA.
What do you think will happen to the price of tablet computers? Please explain. Whom do you think will reap most of the benefits of any technological innovations in tablets in the next five years; buyers or sellers? Please explain.
Illustrate what is Great Reception's profit when producing at the profit-maximizing output
Assume your elasticity of demand for your parking spaces is -0.5 and price is $20 every day. If your MC is 0 and your capacity at 9 a.m. is 96% full over the last month are you optimizing.
Elucidate how each change mentioned in the article impacts upon the aggregate expenditure model.
What appears to be major constraint that central banks used to determine limits of monetary injections into economy. Did United States use same or different criteria.
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