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Assume that the market for Coca-cola in your area is perfectly competitive, with Demand P= 11-0.1Qd and supply P= 1+ 0.1Qs. Each firm that sells Coca-cola is identical, with Total Cost TC= 1+0.5Q+2Q? Which gives Marginal Cost MC= 0.5+4Q. Currently the market is in equilibrium, and Coca-cola for $6 a unit and $50 units are sold.
1. Graph the firm. Include the marginal revenue, marginal cost, and average total cost curves.
2. How much does each firm produce?
3. How much profit does each firm earn?
Indirect finance is more important than direct finance in most countries in part because of information costs associated with lending. Explain why are financial intermediaries relatively more effective at reducing these costs
Outlining what firms need to do in order to bring in the most talented people (from anywhere) and make the fullest possible use of their abilities.
What could the federal reserve system Fed do in 2000 in order to bring the economy back to full employment ? What did the Fed actually do? explain
Elucidate how on your diagram also calculate the profit maximizing output also price. Calculate the consumer surplus at the profit maximizing price also quantity.
Why do the soft technologies open more opportunities for women? To what extent have these technologies impacted the perceptions of men’s and women’s roles in the economy, within marriage, and in society as a whole?
Three months ago you purchased, at par, a $100,000 bond with a stated interest rate of 5%. Today, the Federal Reserve announced
Illustrate what are the main characteristics of a perfectly competitive market that cause buyers and sellers to be price takers.
On January 1 2015, your savings account will be worth $259,000. Every month thereafter, you make a cash contribution of $767 to the account. If the fund is expected to be worth $410,000 on January 1, 2020 what will the annual interest rate of interes..
Which firm's product provides the greatest value-created. In an industry equilibrium in which the firms achieve consumer surplus parit.
Elucidate why the dam project is considered a public good and discuss whether government intervention leads to a more efficient use of resources.
1. explain why work done at home is not incorporated however housing services that are also done at home are
In the Castorian Airline market there are only two firms. Each firm is deciding whether to offer a frequent flyer program.
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