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The flat-screen plasma TVs are selling extremely well. The originators of this technology are earning higher profits. What theory of profit best reflects the preformance of the plasma screen makers?
Assume that there are 10 million workers in Canada also that each of these workers can manufacture
Why is a market economy susceptible to coordination failures that can lead to unemployment and inflation? What do you think can be done to rectify these failures?
how must you consider the issues regarding diminishing marginal returns and economies of scale.
If I produce 20,001 copies my total cost will rise to $750.02, therefore my marginal cost of producing copies must be increasing.” Draw a graph to illustrate your answer.
Recommend appropriate pricing and nonpricing strategies for your new or existing good or service based on the projected economy’s stage in the business cycle and the prevailing projected economic conditions for one or more macroeconomic factors. Expl..
Explicate why one of them brings positive effects to the economy also the other negative effects.
Elucidate the reason Explain why a competitive firm should stop producing immediately if the price is lower than the average variable cost.
The price level in the economy in 2007 and 2008 rose from 100 to 105. In 2008 and 2009, the price level increase from 105 to 110.25. How does the short-run Phillips curve forecast the unemployment rate will change as a result?
Based on demand function from previous question, when price of good is $50, how many units of good are demanded.
Illustrate what will happen to equilibrium price As a local cable company offers cheaper pay- per-view films, local movie theaters have more unfilled seats.
Elucidate why the first mover will not install a capacity less than 6 or greater than 12.
Which economic decision makers determine the demand for labor. What are their goals. Illustrate the decision criteria do they use to reach their goals.
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