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Q1. Rex has determined that demand for his product is given by Q=180-5p and cost equation given by C=75+.3Q. Determine the optimal price and quantity for the firm.
Q2. How does Iraq's infant mortality rate correlate with Iraq's GDP per capita?
Q3. In 2009, a nation's real GDP were $250 billion and in 2010 it is $265 billion. Its population was 120 million in 2009 and 125 million in 2010. In 2010, what is its real GDP per capita?
Q4. Winston Churchill once thought that democracy is the nastiest form of government except for all others. In microeconomic terms what did he mean? Would a more practicable democratic system add to or reduce the ability of government to operate more efficiently?
Explain how much business CPI does abroad, the firm would expose 5 to 20 percent of revenue to currency fluctuations.
The net result was the Japan's automobile industry improved its productivity throughout this period relative to the US, which generally just kept up with inflation due to its already high rate of accumulated experience also relatively slow growth.
If columns (1) and (3) of the demand data shown above are this firm's demand schedule, Illustrate what and how much will be the profit-maximizing level of output for the firm.
Elucidate how consumers in an economy can be better ff if the marginal rate of transformation does not equal consumer's marginal rate of consumption.
q.a firm is using 30 units of labor and 20 units of capital to produce 4000 units of output. at this combination the
Elucidate the nature of competition in a marketplace which is characterized by a high barrier to entry and a significant product homogeneity.
Discuss major fundamental shortcoming of theories of cost determination in england prior to roughly 1870, why failure.
Write an algebraic formula that gives Mr. Midas' demand for bonds. Illustrate what is the sum of his demand for money and his demand for bonds.
Find examples in current news publications of the strategic responses of individual businesses to changes in currency exchange rates. Are these firms adapting to the changing international environment, or are they engaged in political action to tr..
If the bond matures in five years and Jerry can buy one now for £3500, elucidate what is his IRR for this investment.
One month ago, they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they buy another copier or hire another worker?
Illustrate what real world data would you want to examine. What would you consider to be evidence of tit-for-tat pricing.
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