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Suppose each firm operating in a perfectly competitive market structure has a total variable cost TVC(Q) = 40Q + 0.5Q2. Each firm's fixed costs are equal to 50.
a. Determine the price below which the firm will not produce any output in the short run.
b. If there are 12 identical firms in this industry and the market demand curve is given by QD = 360 - 2P, what is the short-run equilibrium price?
a. suppose the demand function for cable tv service is given by qctv 15 - 0.25xpctv 0.0005xm 0.3xpstv qctv is the
Identify the IP rights that are owned by an organization you currently or formerly have worked at. Explain which intellectual property appears the most difficult for a business owner to protect.
Several eminent economists have defined this subject in accordance with their different understanding or realization of economic problems.
Assume that a new law stated that any person could print their own money. Determine what kind of changes would come about in daily commercial transactions as a result of such a law?
You have the following data for the last 12 months' sales for the PRQ Corporation (in thousands of dollars): Calculate a 3-month centered moving average.
over the past 12 months the four winds novelty company firm has recorded its internet sales equals monthly output
Consider the argument that government spending and borrowing harms long-run economic growth. A. Is this most likely to happen if the private spending crowded out is consumption spending or investment spending.
Suppose changes in bank regulations expand the availability of credit cards so that people need to hold less cash.a. How does this event affect the demand for money?
It is 1932 and you are an economic advisor to President Roosevelt. what advice would you give the president in light of the economic problems facing the country?
Why is representative money more useful than commodity money. representative money has value because the government says it does or else.
Mention five ways you are affected on a daily basis by government intervention in the market. For what reason might government be involved? Is that reason justified?
a family decides to save for the college education of their kindegradener starting with her 6th birthday. they would
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