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Q. The long-run cost function for LeAnn's telecommunication firm is: C(q) = 0.03q2. A local telecommunication tax of $0.01 has been implemented for each unit LeAnn sells. This implies the marginal cost function becomes: MC(q, t) = 0.06q + t. If LeAnn can sell all the units she produces at the market price of $0.70, Compute LeAnn's optimal output before and after the tax. What effect did the tax have on LeAnn's output level? How LeAnn's did profits change?
Label aggregate demand curve as AD and aggregate supply curve as AS. Be sure to label axes appropriately. Identify and describe changes in AS-AD graph above that would result from cost-push inflation.
Assuming that the current production rates are maintained at the three assembly plants, which alternative should management select?
If the reserve requirement is changed to 5 percent, Explain how much can First Bank lend and by Explain how much can the money supply be expanded.
q.in 2012 balnur taught music and earned 20000. she also earned 4000 by renting out her basement. on january 1 2013 she
While virtually anyone with a degree in college chemistry could replicate the industry's formula, due to the relatively high cost, Semi-Salt has decided not to apply for a patent.
Assume the average whole price of a wireless phone is curently $50. Do you think this company should enter the market.
what will be price of wheat, how much total wheat will be demanded and how many wheat farms will there be.
the european engine company eec is a multi-national manufacturer of small gasoline and diesel motors. eec has predicted
q.assume that the equation for demand for bread at a small bakery is qd 60 - 10pb 3y where qd is the quantity of
Why do people routinely stuff themselves at all you can eat buffets Explain in terms of both utility also demand theories.
q.a consulting company estimated market demand and supply in a perfectly competitive industry and obtained the
Two companies compete for a share of the soft drink market. Each worked with an advertising agency in order to develop alternative advertising strategies for the coming year (e.g., a variety of television advertisements, product promotions, in-sto..
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