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My Big Banana (MBB) has a monopoly in Middletown on large banana splits. The demand for this delicacy is given by Q = 80 − P. MBB’s total costs are given by TC = 40 + 2Q + 2Q2. Its maximum monopoly profit is:
q1. how would keynesian solve a recessionary gap using personal tax rates increase or decrease government spending
what about Bill Maxwell article
The South American cocaine industry consists of several "families" who obtain the raw material, refine it, and distribute it to the U.S. There are only about 3 large "families", but there are several small "families". What market structure does this ..
Which is the correct order of importance in terms of revenue collected among the following federal taxes? The marginal productivity principle says that a profit-maximizing firm should. An employer would never operate on the upward-sloping part of an ..
When the price of SuperSparkle Toothpaste increases by 5%, the quantity demanded for SuperSparkle Toothpaste decreases by 20%. Calculate the price elasticity of demand for SuperSparkle toothpaste. Why does demand curve shift (left/decrease or right/i..
Elucidate why from an economic point of view towing a car illegally parked rather than just ticketing it provides a better incentive.
Suppose the market price of tuna is $3.50/pound. Explain how many fisherman should the company use if the daily wage rate is $100.
What are the strength of the neoclassical models of labor supply and labor demand. What are the weakness of the neoclassical models of labor supply and labor demand.
Compute the upper also lower limits within which marginal cost may vary without affecting the profit maximizing output or the price.
Suppose that government decides to charge cola consumers a tax. What is incidence of tax that falls on producers.
Describe the roles of government bodies which conclude the national fiscal policy
If the firm has a monopoly in product A and product B is sold in a competitive market, then what is the profit-maximizing tie-in sale price of product A?
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