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5-7 pages Pricing Discuss how pricing affects consumer purchasing, particularly the purchasing trends of individual households. Describe how supply and demand, the market structure and the labor market affect pricing. Take into account the effect that advertising has on how much individuals are willing to pay for an item. Consider addressing the challenges that small businesses face when competing with larger companies.
You are the manager of a firm that sells its product in a competitive market at a price of $50. Your firm's cost function is C = 40 + 5Q^2. Your firm's maximum profits are: A. 125, B. 250, C. 100, D. 85 6. A perfectly competitive firm faces:
Craft Unions Both industrial and craft unions attempt to raise their members' wages, but each goes about it differently. Explain the difference in approaches and describe the impact these differences have on excess quantity of labor supplied.
Discuss perfect competition and long-run equilibrium. Provide detailed descriptions, definitions and concrete examples of your findings. Additionally, how does the proliferation of global trade and competition contribute to markets moving more awa..
what level of output are your average variable costs minimized and at what level of output are your average total costs minimized?
In order to bring about a socially desirable quantity of landscaping service, what should the government do? Explain in words and show the effect of the government action in a graph.
Felix Jones, a recent engineering graduate, expects a starting salary of $ 65,000 per year. His future employer has averaged 5% per year in salary increases for the last several years.
Assume that the demand and supply functions for good X are as follows: What is the equilibrium price and equilibrium quantity?
Consider the following information in the table for Pat's Pizza Restaurant
Compute CS ,PS and the deadweight lossD)if firm 1 and 2 leaders and 3 follower (Stackelberg),What are the quantity choices for all three firms?
Analyze the effects of a change in money supply in an open economy under a flexible exchange value system. How are your conclusion affected by the adoption of a fixed exchange rate?
Identify the following components for a lesson you might want to teach intended grade level for instruction
Farmers have a relatively inelastic demand for their crops. Suppose there is a bumper crop year (an unusually large harvest).
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