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Which of following is true of monopoly and not of perfect competition?
a. Profit is maximized where marginal cost equals marginal revenue
b. The industry demand curve is also the firm's demand curve
c. Normal profits are made only if average total cost equals average revenue
d. Profit is maximized in the elastic portion of the demand curve
e. the firm has no control over the market price
would there be any automatic Stabilizers in government budget. Would re be any distinction between full-employment deficits and actual beget deficit.
Assume which two people, Michelle also James every live alone in an isolated region. They every have the same resources available also they grow potatoes also raise chickens.
Examine the major effects that government policies have on production and employment. Predict the potential effects that government policies could have on your company.
Describe the problem of “adverse selection” when health insurance is offered at a community rated premium? Define the term “community rated premium” as well. Is it possible to address the problem of adverse selection by increasing the premium level? ..
q.based on market research a recording company obtains the following information about the demand and production costs
Illustrate what way does investment multiplier defend the policy of public workson the part of the state during business depression.
When a company's depreciation is larger than its gross investment, net investment becomes negative and the firm's capital stock decreases.
Elucidate a personal daily struggle that is an example of the law of noncontradiction and the challenges posed to your beliefs and decisions.
Draw his budget constraint in terms of S and T. What is the slope of the budget constraint and how does it relate to the relative price.
Rental cars should be treated as perfectly divisible. Be sure to provide numerical coordinates for any particularly key point.
The Blue Dragon Restaurant is a new Chinese Restaurant in town. As the only Chinese restaurant in the area, it faces the following daily demand curve:
Benson manufacturing company is considering ordering electronic components from three different suppliers. The supplier may differ in terms of quality in that the percentage of defective components may differ among the suppliers.
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