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DrugCo has two demand equations for its retail products (pain reliever and cancer):
Pain relief: P = 100-10 Q
Cancer drug: P = 200-15 Q
The marginal cost of production is $30. Which product should go to the retail market and which should go to the wholesale market? What are the corresponding retail and wholesale prices? What would happen if the sales are switched from the retail to the wholesale and vice versa?
Do opportunity cost play a role in people's decision to specialize in certain activities. What describe the price at which trade takes place.
What role do the measurements of unemployment and inflation have on the management of an organization?
Human resources that perform the functions of organizing, managing also assembling the other factors of production
What if the pollution invades Baker's home and harms her health
Illustrate what are influence of following changes in policies on private saving and national saving. New policy: Increase in government purchases by $100 and taxes by $80. (MPC=0.7) Estimate amount of changes.
comparing the company's cash records with the monthly bank statement reveals several additional cash transactions. Calculate the correct balance of cash?
Interest on the public debt is included as a part of government purchases in the determining GDP may arise since.
Utilizing productive efficiency as guide, which nation should produce Chevrolets and which should produce Toyotas.
You are the manager of global opportunities for a U.S. manufacturer, who is considering in Europe expanding sales.
Compute the firm's profit from part d. Solve algebraically for the profit maximizing quantity (QM) and price (P M). You should get the same answer as in d.
Why do you think the FED evaluates the money multiplier when making decisions with regards to the money supply
What would you learn about an economy if you determined that its GNP was growing more quickly than its GDP?
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