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The following is a cost function for clinic visits in a small inner city clinic:Quantity of visits Total Cost per Week0 $101 $152 $253 $454 $755 $1156 $165a. Determine the marginal cost for each level of output.b. If the price per visit is given to be $25, at what level of visits will the maximum profit position be?What are the profits at this level?What is the quantity supplied?c. If the price per visit increases to $45, what will be the quantity supplied (assuming maximizing profits)?
Microeconomic project - country is Costa Rica , company Nike) ( 8-10 pages ), Analyze Macro Variables:- Evaluate Macroeconomic Policies:- Develop Short Term Outlook.
Business AB create Keyboards for laptop computers for sales to computer manufacturers (OEMs). Account information shows the total cost of producing four potential quantities of keyboard:
The following table provides data about the economy in Argentina. Column A is the year, Column B is real GDP in billions of 2000 pesos, and column C is the price level.
Describe the productivity change for every category also then determine the improvement for labor-hours, the typical standard for comparison.
Find out the income elasticity of demand. Elucidate whether gas is a normal or inferior product.
You observe that output is above full-employment output. Politicians are discussing about the possible reasons. One party claims that this is due to a drop in world oil prices.
Illustrate what extent are these definitions of economics and happiness similar. To what extent are they different.
Eagle Properties, a real estate investment and sales firm, presents a form contract to its customer Floyd, who wants to buy a certain quarter acre of land in a proposed housing subdivision that Eagle is marketing. Eagle does not pressure Floyd to ..
In the 1990s Japan reduced its exports of automobiles to the United States by 28 percent. If you were the manager of a US car dealership, explain how would this affect your pricing strategy.
For a developing country to increase, it needs capital. The major source of capital in most nations is domestic saving, but the target of stimulating domestic saving usually is in conflict with the government policies targeted at decreasing inequalit..
Based on current dividend yields and expected capital gains, expected rates of return on portfolios A and B are 11 percent and 14%, respectively. The beta of A is 0.8, while that of B is 1.5.
Suppose that there are two goods in the economy, and the price of each good is equal to 1. When Alice has income of $10, She consumes 1 unit of good y and 9 units of good r.
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