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Q. Consider a market with immediately one firm. The demand in the market is p=18-Q also the firm has a linear cost function C (Q) =2Q. Elucidate how much wills this firm produces? Illustrate what will be the profit also consumer surplus? Assume a second firm with the same cost function enters the market also the two firms compete in a Cournot style. Illustrate what will be the equilibrium price also quantity in the market? Illustrate what is the total market profit also consumer surplus?
You are asked whether current antipoverty policy meets three generally accepted goals of helping, minimizing cost, preserving work incentives also what changes you would favor and why.
Will price be lower or higher as such an agreement in long-run equilibrium than would be the case if firms didn't collude.
Suppose the interest rate lowered to 3.75%. What would be the market price of the bond.
Identify your fixed and variable costs at your fast food restaurant, and explain the changes to each of these costs, given the increased demand.
Please use this discussion board to describe the events that characterized the onset and deepening of the financial market.
Assume that the society decided to reduce consumption also increase investment. Explain how would this change effect economic growth.
Exportof goods and services to foreigners is $1 million and import of goods and services from foreigners is $1.5 million.
Expand his shop in that way allowing more customers to be served on a Saturday morning?
The Road Runner Club contributes money to Senator Sly's reelection campaign fund, and Senator Sly helps pass legislation to add more jogging paths across the state
Elucidate Illustrate what would happen if an outside agency Concluded the prices eBay could charge.
The market demand and supply function for VCR movie rentals are: QD= 10 - 0.04p and QS 3.8P = 4. Calculate the equilibrium quantity and price.
State two economic principles of taxation and which principle best justifies the excise tax on gasoline, when the tax revenue is used to maintain or improve the roads.
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