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Q. You are a manager of a monopoly, your Demand also cost functions are given by P = 200 - 2Q also C (Q) = 2,000 + 3Q^2 respectively.
a. Illustrate what price-quantity comb I country maximizes your firm's profits?
b. Calculate the maximum profits.
c. Is Demand elastic, inelastic or unit elastic at the profit-maximizing price-quantity combination?
d. Illustrate what price-quantity comb I country maximizes incomes?
e. Calculate the maximum incomes.
f. Is Demand elastic, inelastic or unit elastic at the income-maximizing price-quantity combination?
Elucidate how all calculations.
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If you are near graduation and plan to start your new job in 3 weeks, how does the Bureau of labor statistics classify you? Unemployed, employed or notin labor force.
Organize the above data into the appropriate categories for the current as well as capital accounts determine the current account balance, the capital account balance, as well as the official settlements account balance.
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Find the equilibrium price and quantity after the shift of the demand curve.
You read in a business magazine that computer firms are reaping high profits. Assume that the computer market is perfectly competitive.
A county is considering using a piece of park land for one of two alternative recreation projects.
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