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Q. 21st century insurance offers mail-order auto mobile insurance to preferred risk drivers in the Los Angeles area. The company is the low-cost provider of insurance in this marketplace but doesn't believe its $750 yrly premium can be raised for competitive reasons. Its rates are expected to remain stable during coming periods; hence, p = mr = $750. Total also marginal cost relations for the company are as follows: tc= $2,500,000 + $500q + $0.005q2, mc = @tc/@q = $500 + $0.01q. Compute the profit-maximizing activity level.
Government budget going from deficit to surplus and the simultaneous enactment of an investment tax credit.
sing specific data for an industry of your choice Elucidate how the benefits of such a policy.
Consider the following Demand equation that represents Demand for goods to your company produces q=100-2p. Total cost of production is cq. Given to your company's objective is to maximize profit
Illustrate what is the efficient price of water. Illustrate what are the quantities of water allocated to agricultural also industrial use
Chief Executive Officer (CEO) Pay There are several possible methods for determining the pay of CEOs in large corporations.
There are two identical firms in this economy with constant marginal costs equal to 1 and no fixed costs. Assume that firms set prices and follow a Bertrand model to do so.
You are the manager of a local sporting goods store and recently purchased a shipment of 60 sets of skis and ski bindings at a total cost
One organization must have high fixed costs also low variable cost also the other must have low fixed costs also high variable costs.
Impact the decrease in the price of land will have on this firm's short run cost curves (short run fixed costs, variable costs also total costs). Elucidate your illustration.
Idea that a country can simultaneously pursue only two of the three following policies: free international-capital flows, monetary policy for domestic stabilization, and a fixed exchange rate.
Assume to the firms act independently as in the Cournot model. Determine the long run equilibrium output also selling price for each firm.
The Microsoft Case Microsoft Monopoly--Why was Microsoft investigated for antitrust behaviour.
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