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Describe the relationship between price, short-run marginal cost, long- run average cost and short-run average cost in the final long-run competitive equilibrium condition. What are economic profits in this long-run equilibrium condition?
Suppose that after graduation you take a job with an employer that oers to pay full tuition for employees wishing to return to school to get an MBA degree during non-work hours. You are not required to continue working for the rm after getting yo..
question 1 many analysts in both developed and developing worlds have heavily criticized the cases of monopolies.
when the price of a good is 5 the quantity demanded is 100 units per month when the price is 7 the quantity demanded is
When an economist says that a currency has become stronger, he or she means that it will buy less of foreign goods. it can be exchanged for more of a foreign currency.
cameron and tyler winklevoss were classmates of mark zuckerberg at harvard university. they and one other individual
suppose in the short run a perfectly competitive firm has variable cost 3q2 and mc 6q where q is the quantity of
Suppose that there is a bond that will pay $500 for each of the next three years (the first payment is one year from now). At the end of three years the bond matures and the holder receives the $10,000 face value of the bond. If the market ra..
What is the free trade level of rice consumption in Japan, how much rice do domestic farmers produce in Japan
You woke up in the morning and found a one once gold nugget under your pillow. Because you did not incur any sacrifice to obtain the gold, it seems free. Later you find out it is worth $400. If you continue to hold to the gold, rather than sell it is..
a city that operates automobile parking facilities is evaluating a proposal to erect and operate a structure for
Suppose that competition among several market makers forces the spread down to $2. How many goods are traded?
You have been assigned the task of creating a multiple regression equation of at least three variables that explains Microsoft's annual sales. Consider using a time series of data of at least 10 years.
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