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A competitive fi rm uses two variable factors to produce its output, with a production function y = min(x1,x2). The price of factor 1 is $8 and the price of factor 2 is $5. Due to a lack of warehouse space, the company cannot use more than 10 units of x1. The firm must pay a fi xed cost of $80 if it produces any positive amount, but does not have to pay this cost if it produces no output. Illustrate what is the smallest integer price that would make a firm willing to produce a positive amount?
Decide to conduct a SWOT analysis to evaluate the value and risks. Provide a SWOT analysis and briefly discuss each factor.
Calculate the original market equilibrium price and quantity in absence of the price support policy.
Now illustrate what is the price elasticity of demand. Illustrate what is the cross-price elasticity of demand.
Illustrate what output level would a perfectly competitive firm produce.
Explain how more would cumulative spending increase as a result.
Elucidate how much the money supply will rise in response to a new cash deposit of $500 by completing the accompanying table.
Tobies operate a small deli downtown. The deli business is monopolistically competitive.
Hiro Nakamura is CEO of the Cola King Bottling Company, a small regional producer operating in the Pacific Northwest. Nakamura is considering two alternative expansion proposals
what happens to the amount of debt held by the public. What would happens to the level of gross debt.
Illustrate what occurred to employment during the rest of 2008. Illustrate what are some of the alternatives to a tax cut that might have been utilized.
The advent of personal computers also word processing software which eliminated the market for electric typewriters would be an example
How do your previous answers change in the special case where cash demand does not depend on the expected rate of inflation
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