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Suppose you discover that average fixed costs are $2 and average variable costs are $7. Indicate what the firm should do.
Which of the subsequent represents a positive macroeconomic statement. Assume the United States can produce Toyotas at the cost.
How much deadweight loss does Great Reception causes when it restricts output and charges a price above marginal cost.
Describe what a manufacturer of each product might do in the short run to raise production.
Sketch the aggregate demand-aggregate supply model of the macroeconomic for the short run, assuming that the economy is in the expansionary phase of the business cycle.
When we apply 50 tons of fertilizer, the total yield is 1500 bushels. Elucidate the marginal value product per ton of fertilizer.
Describe economics and Describe the economic perspective, including definitions of scarcity, opportunity cost, purposeful behavior.
Illustrate what are the benefits also costs to the US economy of labor migration (illegal also legal) into the United States from Mexico.
illustrate what can you determine about the market for wheat.
Explain how does the price elasticity of demand for corn oil influence the quantity-demanded of corn oil and the Total Revenue earned by sellers of corn oil.
Each of the estimated coefficients statistically significant at the 95 per cent confidence interval. What is the optimal output level.
Elucidate how that the regression R^2 in the regression. The assumption that more is better satisfied for both goods.
What are your monthly payments during years 5, 6, and 7? b. How much interest is in the sixtieth month's payment? How much principal?
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