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A producer in a perfectly competitive industry has a cost function described by TC(q)=1000+6q+0.2q^2. If the market price is 40 and it has already committed to paying the fixed cost, what is the maximum profit for the producer?
Suppose that a firm wishes to dispose of 500,000 shares. Table 1 summarizes the various bids for blocks of shares. In this auction, the lowest bid disposes all the shares. Suppose that the seller retains the right to accept any submitted price...
Use both offer curves and a two by two payoff matrix, estimate the optimal foreign economic policy of a hegemon.
A plot of land costing $200,000 was acquired on January 1, 2001. The price level was 120 on that date. One-quarter of the land was sold on December 31, 2001, for $60,000 when the general price level was 180. Compute the following holding gains:
Explain the concept of externality. What does it have to do with the efficient allocation of resources?
would each of the following groups be happy or unhappy if the u.s. dollar appreciated? explain. problems and
If every $1,000 increase in the real price of homes adds 5 cents to annual consumer spending, by how much did consumtion decline when homes fell by $ 2 trillion?
Explain when is equilibrium achieved in the foreign exchange market. Why is foreign exchange hedging beneficial to an organization.
What is the profit-maximizing price and output? What is the total profit? What is the price elasticity of demand at the profit maximizing output?
the california instruments corporation a producer of electronic equipment makes pocket calculators in a plant that is
How does the money multiplier change when the nonbank public decides to hold more currency relative to deposits?
How does the free rider problem explain why telephone companies are usually successful in getting permission to raise their rates?
A summary of the operations of XYZ Corporation for the year ended, Calculate the net income for the year by preparing an income statement.
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