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A firm has a long-run cost function C1(y) = y^3 - 10y^2 + 30y.
1) Derive the firm's long-run average cost function
2) Derive the firm's long-run marginal cost function
3) Find the level of production with the lowest average cost
4) What is the long-run supply for this firm?
5) If the market price is p= $18, how much would the firm decide to produce?
Calculate the profit of the firm when the market price is p = $18
Illustrate what are the short-term and long-term implications of states disagreeing on recognizing marriages performed in other states.
Suppose the CFO of a German corporation with surplus cash flow has 1 million Euros to invest. Suppose that interest rates on 1-year CD deposits in U.S. banks
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A corporation has a variable-rate loan with a bank paying LIBOR plus 65. The company wants to make a synthetic fixed-rate loan and enters into an interest rate swap paying a swap fixed rate of 9% and receives LIBOR.
Suppose that the economy is short of its full-employment (potential) level of GDP, assumed to be $14,000 billion, by $500 billion.
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Assume that initially the goods and services market is in equilibrium at potential of output and that the government budget is balanced,
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The night before an economic exam, you decide to go to the movies instead of staying home and working your MyEconLab study plan. You get 50 percent on your exam compared with the 70 percent that you normally score. a. Did you face a tradeoff?
A. if the rate discount is 20 percent, A. would you rather receive $ 100 today or $ 120 in one year ? B. would you rather receive $ 205 today or $ 240 in one year ? C. would you rather receive $ 500 in one year ?
Important information about Equivalent yearly Worth. With an interest rate of 10% per year and given the following estimates, the annual worth of alternative ''F'' is closest to
Compute the level of GDP per capita in each country measured in local currency. Compute the marker exchange rate between the currencies of two countries.
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