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Q. A competitive firm sells its product at a cost of $0.10 per unit. Its total cost function is:
TC = 5 - 0.5Q + 0.001Q2(a) Determine the output rate that maximizes profit or minimizes losses in the short run.(b) If input costs increase as well as cause the cost function to become:TC = 5 - 0.10Q + 0.002Q2What will the new equilibrium output rate be? Clarify what happened to the profit maximizing output rate when input costs were increased.
How much should it raise government spending, if the government looks to raise income to 3000.
The constant rate no before the one child policy; after the introduction population growth drops to the constant rate n1 analyze the effect of this policy.
To what extent does educational planning in the policy decision ought to be guided by economic considerations
As before pleasing the job, you admit a surprise offer from a competitor. Elucidate how much producer surplus have you earned, if you actually earn $2600 during the month.
Country Z is a developing country that is facing problems of deforestation.
Rain spoils the strawberry crop, the price raises from $4 to $6 a box, and the quantity demanded decreases from 1,000 to 600 boxes a week
Suppose a consumer is at an optimum, consuming 6 hamburgers a week at a price of $1.50 each and 10 donuts a week at 50 cents a donut.
Effects on equilibrium cost as well as quantity when wages for all dental assistants enhance, increasing the expenses of inputs.
The 2001 recession ended in November 2001, but the perception of "bad economic times" lingered into 2002 and 2003. What evidence do these graphs provide concerning the lingering perception of a recession.
Each firm can monitor the other's price very closely and can respond instantly
Evaluate the financial performance of the company using the information providedin scenario. Consider all the key drivers of performance, such as company profit or loss.
This is an essay question, but I don't know how to explain. Should I use the supply-demand curve to explain, or use the marginal cost- marginal revenue curve to explain this question.
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