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A firm has fixed operating cost of $10,000, the sales price per unit of its product is $25, and its variable cost per unit is $15. The firm's operating breakeven point in units is _______ and its breakeven point in dollars is _________
A medical device company has a monopoly on a certain class of cardiac implants. Demand for the implants is given by P=28000-5Q and marginal revenue is given by MR=28000-10Q. The total fixed costs for the implants division is 50000 and the marginal co..
If a firm in the industry wishes to increase total sales revenue (ignoring cost considerations), will it raise or lower its selling price? Why? What happens to the demand for beer if the price of soda falls by 2%? Explain your answer. What happens to..
q.a monopolist operates in two markets. one market is the domestic market described by the demand function qd100-pd
Graph Mary's marginal cost curve using the orange line and her marginal revenue curve using the blue line
Briefly contrast how firms in a perfectly competitive market will respond to long-run profits and losses. Include an explanation of each response affects the price level
A competitive industry produces a unit of sulphur dioxide with every unit of its output. The private marginal cost (PMC) in the industry is 2+(Q/2) when Q is the number of units of output. The social marginal benefit (SMB) of the industry's output is..
prepare a table that compares and contrasts the various characteristics of the 4 market structures to include in your paper. column headings include
Estimate Beta or systematic risk of Dell; Assume that the risk free rate is 4% (i.e. RF = 4% ) and the return on market portfolio is 10% (Rm = 10% ) use CAPM to calculate the cost of capital of Dell.
If her goal is to maximize the amount of money she can make every week, explain how many hours will she work at the bookstore.
What is the expected profit of simultaneously pursuing both programs.
How do the instruments of contraction monetary policy work in principle.
A firm in a perfectly competitive market invents a new method of production which lowers its marginal costs. Illustrate what happens to its output.
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