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One firm has been contracted by a government agency to provide job training services to low income individuals. The marginal cost curve of the firm is MC=5+0.5Q There are no fixed costs. Firm 1 provides 120 hours of training services each week. What are the firm's total costs at their production level?
An economist has estimated the demand for cable television services in Eastern Pennsylvania, and has found the following elasticities: If the cable television company wants to increase revenues, it should increase price.
On December 31, 2012, the Bennett Company had 115,000 shares of common stock issued and outstanding. On July 1, 2013, the company sold 21,000 additional shares for cash. Bennett's net income for the year ended December 31, 2013, was $600,000. During ..
According to the production function, with 300 labor hours, illustrate what is this economy's capacity to produce
Create a table where Q equals 0, 10, 20, 22.5, 30, 40 50 and 55. In the table include Quantity, Price, Total Revenue, Marginal Revenue (where MR equals the change in TR divided by the change in Q in the table), MR where MR=a-2bQ (include an explanati..
To one side maximizing profits evaluate the factors which managers must consider when making judgment to outsource or integrate forwards/backwards considering which factor would be mainly significant for decision-making.
Countries A and B have two factors of production, capital and labour, with which they produce two goods, X and Y. Technology is the same in both countries. X is capital intensive; A is capital abundant.
How is this going to involve prices in the marketplace for New York City. Create sure to provide appropriate economic terms in your answers.
Discuss how economic, political, and social changes will impact growth in the region. Write a short paper summarizing your findings.
Elucidate fully why the monopolist will never choose to operate where the demand curve is inelastic.
In the specific-factors model, an increase in the price of the manufactured good will cause:
For the period 1980-2010, how did the rate of growth of per capita GDP in China compare to that in the US? How did the rate of growth of technological improvement (broadly conceived) in the two countries compare? Over the next half century, do you e..
q. i would like you to read up on the following iposa. tesla motors tsla - 12910b. google goog - 4292004go to the sec
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