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A competitive firm can sell all of its output for the market price of $5. its short run cost function is TC= 1000 + Q + 0.005Q2. this cost function has marginal cost given by MC= 1 + 0.01Q.
a)what is the firms marginal revenue?
Explain which would you say is the correct/legal stance that Reeves could take concerning this sticky situation.
Illustrate what happens to the dollar price of the dinar. Does the dinar appreciate or depreciate relative to the dollar.
These schedules reflect the fact that, prior to the period we're examining, decisions makers entered into contracts and made choices anticipating that the price level would be P105.
Exp[lain how does banks use Covered interest arbitrage to protect themselves.
Perfect Competition If all the assumptions of perfect competition hold, why would firms in such an industry have little incentive to carry out technological change or much research and development What condition would encourage research and develo..
What is the value of the money multiplier and What are the nominal values of deposits, currency, and reserves
The government has to go into the market and buy output, which it then puts in a warehouse for indefinite storage. the government must buy units of output to reach its price target the price support program raises profit per firm to.
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange.
Provide an economic explanation - How many of Camrys would count as a part of U.S. GDP - The government imposed capital controls that prohibit foreign borrowing and lending by domestic residents when the current account was in surplus.
What would he buy the health insurance at a premium cost of $1,500? Why or why not. What implications can be drawn from the analysis.
Edith agreed that in case of traffic jams, Shea Boulevard was a reasonable alternative.Neither of them knows the state of the highway ahead of time.
Describe why the general level of wages in high in US and other industrially advanced countries. Determine the single most important factor underlying the long run increase in average real wage rates in the US
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