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P<AVC and ATCTR= $200 ( PxQ)TC or ATC x Q = $13 x 50 or $650TVC or AVC x Q or $5 x 50 or$250TFC or TC -TVC = $400Equilibrium P= $4Q= 50Profits ( TR-TC)
Using the data/ figures above graph the case labeling price and costs on the Y axis and output or Q on the X axis. Then draw and label the MC, ATC, AVC MR and demand curves. Using the diagram make your managerial argument to remain open, expand or shut down the factory. What are the operating losses in the short run if any?
Find the equilibrium price and quantity in the market - Calculate the loss in consumer surplus and producer surplus, as well as the deadweight loss as a result of the above tax.
Are there any advantages associated with Hierarchical Network Design?
Describe to the mayor one aggregate demand and supply factor that would have the greatest impact on the economy of your city. Provide a rationale for your response.
a consumer of two goods faces positive prices for both goods and has positive income. her preferences over consumption
make a paragraph in which you discuss market trends that McDonald's will face. Explain your conclusions. In your paper address how each of the following will change or will not change, and why.
In a two input – one output production model, what are the profit-maximizing conditions, in a general equation form? What does each side of the equation represent?
Consider a monopolist has a marginal cost such that MC=Q. In that market demand follows the equation Q (of demand)=500-.5P. What is the price the monopoly will charge? How much will the monopoly produce?
1. Explain how GDP deflator and CPI measures of inflation are calculated and discuss the difference between them. 2. The government lowers taxes by $30.The marginal propensity to consume is 0.60. Using the national income identity Y = C(Y-T) + I(r)..
A worker earning an hourly wage of $8.50 decides to cut back to part-time to attend Houston Community College.- what is the opportunity cost?
Lou's preference over pizza(x) and other goods(y) are given by U(x,y) = xy, with associate marginal utilities MUx=y and MUy=x. His income is $120.
Case study: rent ceilings in New York City. Suppose the demand and supply curves for rental housing units have the typical shapes and that the rental housing market is in equilibrium. Then, government establishes a rent ceiling below the equilibri..
Q4. What are some arguments against free trade per this documentary Q5. What is the infant-industry argument Q6. Differentiate between import-substituting industrialization and export-oriented industrialization. Which approach has been more succes..
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