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Presume you can go to the gym for up to six hours in a day in finely divisible units and you paid a $50 non-refundable registration fee when you joined the gym last year. There is also a daily $1 fee which should be paid to enter the gym on any given day. How much must you value going to the gym in order to go workout on any given day? Is the $50 registration fee part of that calculation? Why or why not?
Show computation and graph
heidleman industries is considering two types of materails for roofing its warehouses. epdm is an elastomeric polymer
What are the efficient price and quantity on graph? What are the free-market price and quantity and efficient and free-market outcomes
st atanagio is a remote island in the atlantic. the inhabitants grow corn and breed poultry. the accompanying table
You run a small business and would like to predict what will happen to the quantity demanded for your product if you raise your price. While you do not know the exact demand curve for your product
4. The manufacture of high-quality flatbed scanners is trying to decide what price to set for its product. The costs of production and the demand for the product are assumed to be as follows: TC = 500,000 + 0.85Q + 0.015Q2 and Q =14,166 - 16.6..
Give two reasons for (20 points) and two reasons against backing a currency with gold. Then develop your position either for or against backing the US currency with gold and substantiate your assertions.
under what conditions will a firm shut down operations in the short run? identify an example you are familiar with or
different products have different demand elasticity. define elasticity. heart medication for example is inelastic and
consider a bertrand oligopoly consisting of four firms that produce an identical product at a marginal cost of 260. the
you are the manager for dunkin donuts and know the following
madison companys variable costs are 25 of sales. its selling price is 150 per unit. if weed sells one unit more than
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