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Your firm makes smart phone cases. The firm is a monopoly that faces the following demand function: P = 360 – 2Q.
What are the total revenue and the marginal revenue functions for your firm?
You have been offering the product at $10 but are considering raising the price to $12. What is the discrete price elasticity of demand when moving from $10 to $12?
One months ago, they added five workers and productivity also increased by 50,000 pages. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier.
According to The Wall Street Journal, Mitsubishi Motors recently announced a major restructuring plan in an attempt to reverse declining global sales. Suppose that as part of the restructuring plan Mitsubishi conducts an analysis of how labor and cap..
Brenda’s Bar and Grill has total assets of $16.0 million, of which $10.0 million are current assets. Cash makes up 10 percent of the current assets and accounts receivable makes up another 40 percent of current assets. What is the balance of inventor..
q1. what happened why did you leave the question and suddenly demand higher price?q2. how do i calculate the change in
Based on fixed exchange rate and/or flexible exchange rate regime from the perspective of macroeconomic policy in an open macroeconomic model. Assume a country is in a fixed exchange rate regime such as China. What factors might cause individuals to ..
Since producers must be compensated for the rising opportunity cost that accompanies increases in output,
The original cost of a certain asset is $1,592. Annual maintenance costs are projected to be $464, with periodic maintenance costs of 983 every 10 years, over an indefinite period of time. The interest rate is 2%. What is the capitalized cost?
In 300 words, define what is meant by Civil Liberties vs. Civil Rights and how they are different;
Per the text, both the government and industry have specific and valid interests in data, yet the government’s needs may well exceed those of private commercial contractors. From a contractor’s perspective, analyze the government’s data rights with r..
Regarding Mexico's Financial/Legal Environment for Business – What are the laws for banking for a foreign corporation to own a business? Are they required to enter in a joint venture with a domestic company? Is it possible for a foreign company to bo..
Consider a firm in a perfectly competitive market with total costs given by TC = Q3 – 15Q2 + 100Q + 30 a.) What is this firm’s marginal cost function? Over what range of output are the firm’s marginal costs decreasing? Increasing? b.) Suppose that th..
According to McGuire, what elements does strong organizational culture display? you will need to access Gert Hofstede's website to answer this question. If you are an organization interested in establishing a strong market presence in China, Brazil, ..
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