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Q1. In a competitive market, the market-determined price is $60. For a typical firm producing 100 units of output, short-run marginal cost is constant at $65, average total cost is $95, and average fixed cost is $30. Is this firm making the profit-maximizing decision? If not, what should it do?
Q2. I need help on computing the amount of autonomous planned spending, As given that the interest rate equals 3.Ca =1,500 - 10r c = 0.6 T = 1,800 Ip = 2,400 - 50r G = 2,000 NX = -200please show me the steps not just the answer, please explain.
Where there currently is a tariff. What is the effect of this tariff on the U.S. economy.
What is the impact of a tax cut in an economy operating under a flexible exchange rate regime on household spending, interest rates.
Now suppose the factory develops an innovation that allows it to produce a shirt for the equivalent of 1 loaf of bread. What is the new radius of the factory's market area.
If it wants to accomplish this change in the money supply using open-market operations, what should it do.
From the supply and demand schedules, from Belgium what are the equilibrium price also quantity of cocoa beans.
Suppose that increased international trade makes product markets more competitivein U.S., would we expect to observe an upward slope on the WS curve or the PS curve
In what industry will a given percentage increase in production workers result in the largest percentage increase in output.
At what level of output are total profit maximized. Illustrate what price will be charged.
Does the lender gain or lose from this unexpectedly high inflation. Explain does borrower gain or lose.
The terms of trade if the united states trades 1 can of soda for 5 units of clothing.
The social security system levies a tax on workers and pays benefits to the elderly. Suppose that Congress increases both the tax and benefit.
For each option calculates the profit-maximizing price and quantity. Which, if any, of these compensation schemes would alter the deadweight loss from monopoly.
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