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Q1. Individual has a utility function described by the equation U=2xv. The price of x is $32 every item whereas the price of y is $20 per unit. Through a profits of $800 per month, how many units of goods x and y will the person consume in a month to maximize utility?
Q2. Business Week recently declared, "We have entered the Age of the Internet," and ob-served that when markets for goods as well as services gain access to the Internet, more consumers and more businesses participate in the market. Use demand as well as supply analysis to predict the effect of e-commerce on equilibrium output and equilibrium price of products gaining a presence on the Internet.
Quantity, whole revenue and profit when company charges different price in each market and exploits its total profit.
Why do monopolistic competitors have a tendency to advertise much more than perfectly competitive firms?
Evaluate whether and to what extent the human failures that led to the disaster can and will be corrected.
Fully explain your answer in a way that shows your understanding of monopolies. Your paper should be two to three double-spaced pages and formatted according to APA style as outlined in the Ashford Writing Center.
Clarify why you chose this agency as well as what the impacts to you have been. Do you consider the impact to be positive or negative.
Find the equilibrium price and quantity algebraically. If tourists decide they do not really like T-shirts that much, which of the following might be the new demand curve.
Assuming no other changes, if balances in money market deposit accounts increase by $50 billion and small-denominated time deposits decrease by $50 billion.
Subsequently the customer paid the balance on 22 October 2012. To customer the Credit terms offered.
Study by the National Park Service revealed that 50 percent of vacationers going to the Rocky Mountain region visited Yellowstone Park, 40 percent visit the Tetons, and 35 percent visit both.
Provide examples of two industries with different time frames for the short run. Clarify why this is the case.
Determine whether the Justice Department would challenge a merger between two firms in an industry with 10 equal-sized firms.
If the firm's MARR is increased to 25%, what would be the required savings in leasing so that the project would remain profitable.
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