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The demand a monopoly faces is
where Q is its quantity, p is its price, and A is the level of advertising. Its marginal cost of production is 10, and its cost of a unit of advertising is 1. What is the firm's profit equation? Solve for the firm's profit-maximizing price, quantity, and level of advertising.
Bygrave forecasts incremental annual sales revenue of $940,000. Similarly, Bygrave expects total variable costs to increase by $500,000, and total fixed costs to increase by $80,000. Bygrave's marginal tax rate is 39%.
On July 1, Nancy paid $600,000 for a commercial building and an additional $150,000 for the land on which it stands. Four years later, also on July 1, she sold the property for $850,000. Compute the modified accelerated cost recovery system depr..
Suppose that an i-phone producer produces 300 i-phones a week. Initially the price of i-phone is $200 and the demand function for i-phone is: x1=20+(m/(10*p1)), where x1 is the amount of i-phones demanded
Y C I G X AE S MPC MPS S IM MPI 100 120 20 30 10 180 -20 If government spending increases by $15, what is the new equilibrium level of real GDP 2. What are the equations for the consumption, net exports, and aggregate expenditures ..
Explain why such competition will not be as good for consumers as an extremely sophisticated regulator, and why it may be better than many real-world regulators
you borrow $120,000 with a 30-year term at a 9% (APR) variable rate and the interest rate can be changed every 5 years. a) what will the initial monthly payment b) if the leader's interest rate is 9.75% (APR) at the end of 5 years, what will the new ..
Real GDP equaled $9,191 billion in 2000 and $9,215 billion in 2001. Both figures are adjusted for changes in the value of the dollar using a chained price index with a base year of 1996. Which could explain the increase in real GDP in 2001
Which of the following would be his best business options, depending on what he is willing to risk?
Many colleges provide students from low-income families with scholarships, subsidized loans, and other programs so that they pay lower tuitions than students from high-income families. Explain why universities behave this way.
How much energy is released in the explosion of a fission bomb containing 3.0 kg of fissionable material? Assume that 0.10% of the mass is converted to released energy
Does the small R-squared in part (i) imply that spending is correlated with other factors affecting math10? Explain. Would you expect the R-squared to be much higher if expenditures were randomly assigned to schools-that is, independent of other s..
Identify your fixed and variable costs at your fast-food restaurant, and explain the changes to each of these costs given the increased demand.
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