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Suppose honey is produced in a beehive using bees and sugar. Each honey producer uses one beehive which she rents for $20/month. Producing q gallons of honey in one month requires spending 5q dollars on bees, and 4q^2 on sugar. Let Q be the total market supply, and q is the supply of an individual firm. Therefore, q=Q/n where n is the total number of firms in the market. Suppose the demand for honey is given by Q=512-4P. Also, suppose there are 50 honey producers in the market. What is the equilibrium price of honey? How much profit does an individual producer make in a month?
Within the next year? Over the long term. Elucidate what resources does he have at his disposal to enhance the reputation of the firm and turn it round.
During World War II, both Germany and England had plans for a paper weapon: they each printed the other's currency, with the intention of dropping large quantities by airplane. Explain why might this have been an effective weapon.
Elucidate how industry consolidation has impacted the company and make projections about the long-term prospects for the company.
Suppose you are a marketplace analyst specializing in theme parks also you're examining Disneyland's stock.
Estimate aggregate consumer and producer surplus before quota. Estimate new consumer and producer surplus after quota.
Interest rate if no one else will give me a loan? Will I be better or worse off as a result of taking out this loan. How can you make a case for legalizing loan-sharking.
The company’s MARR is 24% per year, compounded monthly. What is the maximum price Shockers Company should bid for PGP?
How do fixed costs play a role in your analysis? What is the difference between shutting down and going out of business?
What describe the distribution of national salary among labor and capital in a competitive, profit-maximizing economy with constant returns to scale.
In certain industries, firms buy their most important inputs in markets that are close to perfectly competitive and sell their output in imperfectly competitive markets. Cite as many examples as you can of these types of businesses.
Explain why is the law of supply and demand in applicable without a ceteris paribus assumptions.
Explain the replacement effect, which may cause monopoly firms to innovate less rapidly.
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