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The supply of paper is given by the following equation:
QS = 5,000P where QS is tons supplied per year and P is price / ton. Demand is expressed by QD = 400,000 - 1,000P where QD is tons demanded per year.
Because of the pollution associated with paper production, there are marginal external costs of $20 associated with each ton of paper. Assume that paper is sold in a competitive market,
• what is the market price?
• At that cost how many tons of paper will be produced every year?
• Elucidate is the efficient yearly output of paper and how can this be achieved?
What is the short-run equilibrium price. What is the short-run equilibrium market quantity.
Tthe price of elasticity of supply is of apartment is 0.50 use the demand and supply curve to show the initial equilibrium point a.
Do current politicians use to manage and influence to get reelected. Is this a "valid" use of political power.
If she neither borrows nor lends, which project has the higher present value at the interest rate 50%. Which has the higher present value at an interest rate of 5%.
There are two identical firms in this economy with constant marginal costs equal to 1 and no fixed costs. Assume that firms set prices and follow a Bertrand model to do so.
The 2 firms form a cartel & arrange to split total industry profits equally. Under this cartel arrangement, they will maximize joint profits.
In 2003, when music downloading first took off, Universal Music slashed the prices of CDs from an average of $21 to an average of $15.
As control variables, Quinn's data also includes income the individual earned in the month the data was collected, and the amount that it rained in the month the data was collected.
To one side maximizing profits evaluate the factors which managers must consider when making judgment to outsource or integrate forwards/backwards considering which factor would be mainly significant for decision-making.
Refer to the Real Estate data, which reports information of homes sold in the Goodyear, Arizona, area during the last year. Prepare a report on the selling prices of the homes.
Suppose that the only input used in the generation of solar energy is sunlight
MMM expects to generate $60,000 in earnings that will be retained for reinvestment in the firm this year.
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