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Q. Q1. Explain how do I calculate the midpoints and marginal costs of 1 thing in terms of the other and the other thing in terms of the 1 thing? On excel? And Explain how do i estimate the marginal cost at a point?
Q2. Suppose a firm has a constant marginal cost of $10. The current price of the product is $25, and at that price, it is estimated that the price elasticity of demand is -3.0.
a. For the product is charging the most favorable price? Express how you know.
b. Should the price be changed, if so, Explain how?
Provide reasons to explain what government would have to do to keep the unemployment rate at 3 percent."
Illustrate what will be the consumer consumption of gasoline now and how much will be the amount of rebate.
How may a firm achieve competitive advantage? Consider strategies of cost leadership, benefit leadership, and degrees of focus.
In which directions are they pushing or pulling the U.S. economy. Also, do you think the gap between real GDP and potential GDP will widen or narrow.
The best way to organize your results is in the form of a table. Report the log-likelihood and pseudo R2 for the nonlinear models and the R2 and adjusted R2 for the linear model. Write the likelihood functions of logit model
Show what happens to one or both curves for the given scenarios. If the scenario does not change either curve, leave them in their original positions.
Write down a utility function that represents Britney's preferences over dresses also hats.
q.while the primary focus of the final project should be on your firms worldwide operations integrate information on
Elucidate how do the ratios Px*X/I also Py*Y/I change as income increases in this problem.
Can an economy be faced with endless trade cycles also still have its Real GDP grow over time?
q.male and female turtles may experience different serum cholesterol concentrations in their blood. provide an
bananas can be produced. Between these points. Illustrate what is the opportunity cost of producing a pound of apples.
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