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1. If the firm's lowest average cost is $52 and the corresponding average variable cost is $26, what does it pay a perfectly competitive firm to do if?
a. The market price is $51
b. The price is $36
c. The price is $12?
1. What is meant by hysteresis when applied to unemployment?2. How do you account for this phenomenon in the 1980s?
How does monetary policy affect aggregate demand in the short run? How does monetary policy affect aggregate demand in the long run? Your response should be at least 75 words in length.
Using two different industries as examples, explain how companies can use barriers to entry to discourage or even prevent competitors from entering the market.
What is the difference between general and specific knowledge? How can specific knowledge motivate the use of decentralized decision making?
A corporation wish you to use rate of return analysis to evaluate the economics of buying the mineral rights to a mineral reserve for a cost of $1,500,000
You are the manager of a firm that competes against four other firms by bidding for government contracts. While you believe your products is better than the competition, the government purchasing agent views the products
The Taylor Mountain Uranium Corporation currently has yearly cash revenues of $1,200,000 and yearly cash expenses of $700,000.
Total the variances you have computed, and compare the net amount with the $18,300 mentioned by Ms. Clark.
Given that business operations have changed from the market structure specified in the original scenario in Assignment 1, determine two (2) likely factors that might have caused the change. Predict the primary manner in which this change would likely..
Compare the relative effectiveness of fiscal and monetary policy under (a) fixed; (b) free-floating exchange rates. How is the effectiveness influenced by the elasticity of supply of international finance?
Describe the make-up of American soldiers during Vietnam. As the antiwar movement deepened, how did soldiers protest the war? Evaluate the conditions soldiers returned to in America following their service.
Suppose the price of coffee beans increases by $0.20 per pound. What is the effect of this raw material price increase on the demand for roasted coffee? If one pound produces 50 cups of coffee, would the price of a cup of coffee rise by $0.01 ? Expla..
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