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What kind of economies come from reductions in cost due to adoption of technology that has high fixed costs, but lower variable costs?
A. Partially automated economies
B. Long-run economies of scope
C. Short-run economies of scope
D. Short-run economies of scale
E. Long-run economies of scale
Illustrate what would happens to P* if there is a decrease in demand followed by an increase in supply followed by another decrease in demand.
How would quantity demanded and the price of this product be measured? Explain the relationship between the individual consumers’ demand and the market demand
Sometimes, a bidder on a work contract may bid lower than what would maximize his/her profit from the contract and the reason for that is to create goodwill. How would you value the goodwill that is obtained in this way?
If this speculation proves to be reality could it put the brakes on rising living standards around the world as well as have negative ramifications for the United States?
q.the warren amp smith company manufacturers commercial zippers of two kinds kind x and kind y. its production
Trades are seasonal, with higher trades during the spring also summer quarters also lower trades during fall also winter quarters. Which inconsistents of the model are statistically significant.
What could be done to motivate people to spend more so as to increase aggregate demand and invariably, create employment possibilities.
Suppose the real side of an economy is characterized by: Y = 80K1/2 L1/2 K=100 and L= 100 G = 3000 T = 3000
Calculate the prot-maximizing monopoly price and quantity. Calculate the price and quantity that arise under perfect competition with a market supply curve P = Q=2.
Elucidate why a system of marketable pollution permits leads to less costly pollution abatement and a higher concentration of polluted areas than a command-and-control system.
Project B will return a profit of $2.00 of conditions are poor, a profit of $3.00 if conditions are good and a profit of $4.00 if conditions are excellent. The probability distribution of conditions is as followed.
John Adams wrote his wife that his office is the "most insignificant office that was the invention of man."
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