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Q1. Suppose that the first week of summer, Jenny charged 25 cents for an 8-ounce cup of lemonade, her next-door neighbor Sam charged 50 cents for an 8-ounce cup of lemonade, and Alex across the street charged 15 cents for an 8-ounce cup of lemonade. Illustrate the most probable to happen?
Q2. If a firm is losses money, it might be enhanced to stay in business in the short run. Is this statement ever true? Explain the condition?
Q3. Assume the prices of owning as well as operating a car. A $25,000 Ford Taurus financed over 60 months at 7 percent interest means a monthly payment of $495.03. Insurance costs $100 a month regardless of how much you drive. The car gets 20 miles per gallon and uses unleaded regular gasoline that costs $3.50 per gallon. Finally, suppose that wear and tear on the car costs about 15 cents a mile.
uppose a firm is operating under a competitive market conditions and going price for its product is $260. Illustrate what is firm's profit maximizing output. Explain how much profit will firm make.
Illustrate what effect might economic and socioeconomic forces within that nation have on product's potential.
If the EU and the United States continue to trade what do you think will characterize goods which the EU exports to the United States and the goods that the United States exports to the EU.
How much will computers sales change by if the company increases computer price by $100 from $1,000 to $1,100.
some firms leave the industry and the industry returns back to a long-run equilibrium. Illustrate what will be the new equilibrium price, assuming cost conditions in the industry remain constant.
Elucidate how changes in government spending also taxes positively do or negatively affect the economy's production also employment.
As per the mathematical laws that govern the relationship between average total cost and marginal cost, where must these two curves intersect.
The process organizational socialization has strengthened workers also makes them more united.
Assume Microsoft chooses to produce 80 million copies of the software per year and sells copies of the software to retailers at $199 per copy.
Japan's rapid growth pushed its real GDP per capita above that of the United States. Growth rates in follower nations such as South Korea and Hong Kong averaged about 10 percent per year.
Compute cumulative benefits per stage Compute cumulative patients per stage Graph the cumulative benefits curve Which variable represents marginal benefits per stage? C
if the person withdraws $12000 at the end of each year, after how much years will the savings be exhausted?
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