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Presume than an oligopolist is charging $21 per unit of output and selling 31 units each day. Also presume that previously it had lowered its price from $21 to $19, rivals matched the price cut, and the firm’s sales increased from 31 to 32 units. It also previously raised its price from $21 to $23, rivals ignored the price hike, and the firm’s daily total revenue came in at $482.
What is its daily total revenue?
write a paper of 500-1000 words double-spaced briefly explain some of the issues that a company may face as it
As long as all resources are fully employed and every firm in the economy is producing its output using the best available technology, the result will be efficient.”Do you agree or disagree with this statement? Explain your answer.
Was there a redundancy of information in part (b)? If yes, how much is the minimum amount of information required in that question to derive the utility function?
Lender perceive that you are risky,so you must pay 12 annual percent interest to borrow from them. You only receive only 6 percent on the funds you have deposited in the bank.
According to the classical economists, unemployment was a temporary deviation from equilibrium, and certain forces in the economy would return it to full employment. Such forces did not include a.price competition b. wage competition
Is there efficiency in production?
suppose that a firm has a monopoly on a good with the following demand schedulequantity price0 101 92 83 74 65 56 47 38
short run profit maximization a monopolistically competitive firm faces the following demand and cost structure in the
a payday loan company charges 4 percent interest for a two-week period. what would be the annual interest rate from
What is the maximum quantity of quarks it can produce and what is the opportunity cost of producing the first 600 quarks?
how does charging the monopoly optimum and the welfare of consumers, the monopoly, and society?
1. if the total issues in an economy are rs 450000 the financial interrelations ratio is 1.17 and the new issue ratio
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