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If a firm has created value is it also always able to capture that value? How does a firm create value and then what must it be able to do to capture that value? Please provide an example of a firm that has been able to create value.
What is the total welfare (i.e., total surplus) at this outcome? d. What is the optimal level of pollution? What is the optimal level of pollution abatement? e. What is the total welfare (i.e., total surplus) under this optimal outcome?
Elucidate what output level does average variable cost reach its minimum value. What is the value (in dollars) of the average variable cost at its minimum point.
Draw the daily budget constraint without any program participation for the single parent described above. On the same graph, draw the daily budget constraint under The Texas Family Assistance Program for the single parent described above.
Describe the firms optimal advertising-to-sales ratio.
You are a competing firm are the only sellers of a new product. You both realize that the one who captures most of the market share will be the one that spends the most on advertising and promotions. You have $1 million for advertising and promoti..
John Q is planning to buy a bond having a face value of $100,000 for $90,000. The bond is paying 8% per year payable semi-annually and is redeemable 6 years from now at its face value. What is the rate of return on this investment per six months a..
Payroll Tax- You are an economic consultant to a city that just imposed a payroll tax of $1 per hour of work. This payroll tax is paid by workers through a payroll deduction.
Illustrate what are monthly fixed costs, quasi-fixed costs, and variable cost for Exquisite Portraits Inc.
How does the US Department of Agriculture calculate the official poverty level What government assistance programs does the Census Bureau consider when calculating household income What programs are ignored
Important member of the Board of Directors only have some basic training in economics. So you should explain your results intuitively and use the language so that people with only intro level economics can easily follow.
If you used a first-price sealed bid auction and the optimal strategy for the participants was to shade their bid by 20% and the participants used this strategy, who would win and what would the winning price be Which auction should you choose ..
The law of comparative advantage recommends that countries specialize in those products in which they have a comparative advantage, not an absolute advantage.
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