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Q. Solve mirco economics homework question: yolanda runs a bulldog farm and when she employed one person, she produced 1,000 bullfrogs a week. When she hired a second worker, her total product doubled. Her total product doubled again when she hired a third worker. When she hired a fourth worker, her total product increased but only by 1,000 bullfrogs. Yolanda pays $1,000 a week for equipment and $500 a week to each worker she hires. Construct Yolanda's total variable cost and total cost schedules. What is Yolanda's total fixed cost?
Can goals like avoiding unethical or illegal behavior be in conflict with the goal of the firm. Explain how does this complicate the agency problem.
what is the opportunity cost of producing Toyotas in each country. Who has the comparative advantage in producing Chevrolets.
Is there any range of production characterized by scale of economies. At Illustrate what production level are scale economies exhausted.
A bank manager advises all of his loan officers that the average cost of funds for the bank over the past year
Illustrate what will happen to the forex marketplace rate CAD/USD if you continue trading with your strategy.
How is this shifting of AD curve going to affect the price level and output level of the economy.
Derive also graph the MC function. Conclude the cheapest way to produce 20 units. Conclude the cheapest way to produce 12 units.
Illustrate at what output level would the monopolist produce. Illustrate at what output level would a perfectly competitive firm produce.
Illustrate what should be the production level if the producer operates in a monopolistic competitive market where the cost of software at each possible quantity
Suppose the government increases G to 1250. Compute private saving, public saving, and national saving and the new equilibrium interest rate.
Illustrate what is the average value of a loyal customer (VLC) in a target market segment if the average purchase price is $50 per visit, the frequency of repurchase is 12 times per year.
Explain the entities affected by industrial regulation in terms of market structure. Explain why industrial regulation affects those entities you identified.
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