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Q1. Sanborn, a manufacturer of electric roof vents, realizes a cost of $55.00 for every unit it produces. Its total fixed costs equal 2 million. If the company manufactures 500,000 units, compute the following:
a. unit costs
b. markup price if the company desires a 10 percent return on sales
c. ROI price if the company desires a 25 percent return on an investment of $1 million
Q2. Flora's Flowers operates in a perfectly competitive market. At the point where marginal cost equals marginal revenue, ATC = $10, AVC = $5, and the price per unit is $7.50. In this situation.
Illustrate what do your previous answers imply for the price of haircuts relative to the price of food.
Using human capital theory elucidate what these dangers are. While there may be good reasons for heavily subsidizing university education, there are also some dangers in it.
Suppose price of widgets is $10. How many widgets does each firm produce. How much profit does each firm earn. Is industry in long-run equilibrium? How do you know.
Illustrate graphically the equilibrium of such a monopolistic firm.
Support your answer amid an illustration which shown market equilibrium for chocolate bars which comprise x and y interrupts of the curves and label them accordingly.
At a separating perfect Bayes-Nash equilibrium, what is the maximum amount of advertising that a restaurant conducts. What is the minimum amount.
What is the difference between the national debt and privately held federal debt? Why is the distenction between the two important?
illustrate what would need to reduce the supply of money if Canada was an open economy with a flexible exchange rate.
Both antitrust policy and industrial regulation deal with monopoly. Illustrate what distinguishes two approaches. Explain how does government decide to use one form of regulation rather than.
what is Marginal Analysis and why Is Marginal Analysis Important in Economics? (c) What is the role of Marginal analysis?
Elucidate how much the money supply will increase in response to a new cash deposit of $500 by completing the accompanying table.
Elucidate each of the following statements using supply- and- demand diagrams. a. " When a cold snap hits Florida, the price of orange juice rises in supermarkets through-out the country."
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