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Suppose that the firm has determined its profits-maximizing level of inputs in the short-run. Now the price of a fixed input goes up. How will this change the behaviour of the firm? What will happen to profits? Why?
Suppose that $2700 is set aside each year and invested in a savings account that pays 10% intrest per year, compounded continuously. Determine the accumulated savings in this account at the end of year 24
If an option existed for an equivalent computer system to be purchased for $810 per month, paid at the end of each month in 2012, should they take this plan instead? Explain Answer!
Explain by how much would it have to increase government purchase to achieve this goal.
Explain and illustrate with diagrams the differences between diminishing marginal returns and decreasing economies of scale and cite causes and examples.
What would be the total profit of the firm if it sells the entire output at a cost of Rs. 60 per unit.
d. Perform an annual equivalence analysis for the two options, and state which is the better option and why. Calculate the present worth of the incremental system (1 - 2), and state which option is better and why.
q.exercise 1graphically represent on the islmfx diagram the effects of the following cases use a new diagram for each
Illustrate what money supply should the Bank of Canada set next year if it wants inflation of 10 percent.
Assume this technology becomes widely adopted throughout the country by manufacturers of all types. Elucidate what impact would the Universal Replicator have on the economy.
q.a firm that sells e-books books in digital form downloadable from the internet sells all e-books relating to
His plant engineers report that, at his projected volume, labor costs are $1.00 per package, material costs are $2.00 per package, and other average fixed costs are about $0.7. What price should he charge for his firm's product?
Illustrate what is explict opportunicy cost of attending college. what is an implicit opportunity cost of attending college.
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