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What is the monopolists profit under the following conditions? the profit maximizing price charged for goods produced is $16. the intersection of the marginal revenue and marginal cost curves occurs where output is 10 units and marginal cost is $8.average total cost for 10 units of output is $6.
When 50 employees are used, the average product of labor is 50 and the marginal product of 50th worker is 75.
What is the contribution of the growth of total factor productivity growth (dA/A) to that growth? What is the contribution of a faster rate of capital growth compared to labor force growth α[dK/K - dL/L] to increases in Y/L?
If a monopolist is creating a level of output at which demand is inelastic and the firm is not maximizing profits.
Illustrate what are some of the comparative advantages for the companies to operate in the host country.
Now suppose their school opens up a market for loanable funds in which students can borrow and lend among themselves at an interest rate r. What would determine whether a student would choose to be a lender or a borrower in this market?
Create a supply and demand graph and identify areas of customer’s surplus and producer surplus. Given the demand curve, determine what impact will an risee in supply have on amount of customer surplus shown in your diagram?
Ben Bernanke has said that the Federal Reserve is going to continue its latest round of Quantitative Easing until unemployment falls to 6.5%. How fast will the economy have to grow to bring unemployment down to 6.5% by this time next year? Assum..
The Big Black Bird Company (BBBC) has a great order for special plastic lined military uniforms to be used in an urgent military operation.
One supply-side measure introduced by the Reagan Administration was a cut in income tax rates. Use an aggregatedemand/aggregate supply diagram to show what effect was intended. What might happen if such a tax cut also shifted the aggregate demand ..
You are the manager of specific location sales for a national company that provides, among other things, cable television service.
Suppose two high tech companies, X and Y, are the only producers of a new product that is used my numerous computer manufacturers.
Consider the following data on US GDP-What was the grwoth rate of the GDP deflator between 1999 and 2000?
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