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Price per pack $ 1 $ 150 $ 2 $ 250 $ 3 $ 3.50 $ 4.00 $ 4.50 $ 5.00
Quality (packs per day) 100 $ 90 $ 80 70 60 50 40 30 20
suppose smoking increases extern cost valued at 50 cents per pack If a tax of $ 1per pack is imposed to a $ 2 market price How many packs will be consumed ( packs per day) ?
Is this rate too high, low, or the social optimal rate if consumption ? is it low, high, or the social optima rate
Describe the profit maximizing (or loss minimizing) output for this firm. Explain why or why not there an accounting profit and explain why a firm in pure competition is considered to be a "price taker."
generally speaking many companies are interested in the potential cost savings of using the same product and
you have been contracted by an economic consulting firm to determine the economic structure and possible future actions
Should they be forced to develop homes in suburban area - Has part of the reason why the prices of commodities have risen relates to rising fuel prices?
You have to prepare a term paper on supply and demand economy method
Joe enjoys fishing & goes out about 20 times per year. One day, Sara told him that fishing is too expensive of a hobby. She thinks he should stop going because she calculated that it costs about %28.75 for every fish he catches because he usually ..
Airline fares are bigger in summer than in winter. Some railroads charge lower fares during week than on weekends. Electric firms charge customers lower rates the more electricity they use.
Answer the following concerning the benefits and costs of labor pooling:
Explain the tools used to pursue expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate? Explain what is meant by a built-in stabilizer and give two examples
What is total variable cost when 100 units of output are produced and what is average fixed cost when 150 units of output are produced?
how does industry-level price elasticity of demand shape the opportunities for making a profit in an industry? how does
1. consider a simple keynesian income-spending model of an economy described by the following equationsc 210 0.75yd
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