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Q. "Gail works in a flower shop, where she produces 10 floral arrangements every hour. She is paid $10 an hour for the 1st eight hours she works also $15 an hour for each additional hour. Illustrate what is the industry's cost function? Illustrate what are its AC, AVC also MC functions? Draw the AC, AVC also MC curves."
Q. When, if ever, is it acceptable for one state or groups of states to interfere in the domestic affairs of another state?
What are the annual accounting costs for the firm described above? What are the annual explicit costs for the firm described above?
What is the output of each firm if they collude to produce the monopoly output. What profit does each firm earn with such collusion.
What happens to the profits of boat makers in the short run. What happens to the number of boat makers in the long run.
Explain where is the economy operating relative to its potential GDP
Assume that the industry wants to expand and has to make some long-term capital budgeting decisions. Now the industry is confronted with government regulations to oversee the merger.
A university registrar who uses her experience with university admissions along with your high school grades, application essays, letters of recommendation.
Describe how a developing - emerging economy can benefit from trade with a wealthy country even if it has no absolute advantages.
Demand curve is d1, what will be the change in her revenue. If her demand curve is d2 what will be the change in her revenue.
Illustrate what will be the long run market equilibrium price also output. Elucidate how many mills of Illustrate what type - new or old - will survive.
the monopoly will experience a loss the monopoly will earn a profit the monopoly will earn zero profit consumers will be worse off than they would be if the firm's profit maximization activities were unregulated
Small country Alpha exports lumber products obtained by cutting Alpha's forests. Cutting the forests creates negative external effects in Alpha.
How could a company go about meeting those needs and thus motivate you to work better and harder.
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