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A monopolist faces market demand given by P = 100 – 3Q. For this market, MR = 100 – 6Q and MC = 25. What quantity of output will the monopolist produce in order to maximize profits?
A project involves the following costs among other cost items. Salaries for staff and raw materials. Revenue estimation has shown that at the expectedprice of TZS 20000 per ton of output, initial NPV is TZS 20 million. Calculate the project safety ma..
Treatment X is listed to provide a survival rate of 75% It is also determined that no intervention by itself provides a survival rate of 5% What can we conclude?
The Bureau of Labor Statistics reported that in 2004 the total labor force was 147,401 thousand of a possible 223,357 thousand working-age adults. The total number of unemployed was 8,149 thousand. From this information,
A number macroeconomic variables decline during recessions. One of these variables is the GDP. What other variables, besides real GDP, tend to decline during recessions? Given the definition of real GDP and its components, explain the declines in the..
When looking at inflation, you will find that this is measuring how much prices change. How does this influence the unemployment rate?
Suppose that you are trying to decide whether to spend 2,000 on stock issued by WildWeb or on a bond issued by the same company.There is a 30 percent chance that the value of the stock will rise to? 4,400 at the end of the year and a 70 percent chanc..
A local department store offers 24-month financing for a certain $1,000 appliance at an “interest rate of 9% per year”. What is the effective annual interest rate a customer would actually pay for this financing? What is the nominal annual interest r..
If the firms form a cartel to maximize industry profit, what is the industry marginal revenue at the profit-maximizing level of output?
Assume an economy is closed. According to classical economic theory, explain what will be the long-run effects of the increase in government purchases of the late 2000s. You need to present and discuss a formal model in detail for this question and t..
An institutional arrangement that provides people with opportunities and procedures for exchanging goods, services and resources is called: Select one: a. Barter b. A social economy c. A market d. Trade Next
An EOY Geometric gradient lasts for 10 years, whose initial value at EOY three is $5,500 and average rate f = 8% per year thereafter. The interest rate is 12%/year. What is P0 for the geometric gradient?
Illustrate graphically the effects of both policies on the market for cigarettes. In your discussion answer the following: Are these two programs at odds with the goal of reducing cigarette consumption?
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