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a) If a ball is thrown vertically upward from the roof of 32 foot building with a velocity of 96 ft/sec, its height after t seconds is s(t)=32+96t-16t^2 ,
1) What is the maximum height the ball reaches?
2) What is the velocity of the ball when it hits the ground (height 0)
1.Why is the profit maximising price under monopoly greater than marginal cost? In what way can this be seen as inefficient?
1.In what way will the nature of aggregate supply influence the effect of a change in aggregate demand on prices and real national income?
What characteristics do you think are important in evaluating the quality of a corporate board? What incentives, if any, do board members and management have to work in the interests of shareholders and the corporation?
Carefully describe what will happen as we move from short run to a long run equilibrium in a monopolistically competitive industry if companies are making a positive profit in the short run.
1.Would redistributing incomes from the rich to the poor reduce the overall problem of scarcity?
Should you use the ordinary least-squares (OLS) method or the two-stage least-squares method (2SLS) method for estimating industry demand for rutabagas? Explain briefly -
What is the contribution to profits from increasing advertising sales by $1 if Smith Corp. is currently spending between $500,000 and $600,000 on advertising?
Describe and estimate the incremental costs of the extra 200 pairs per week (from 1,000 pairs to 1,200 pairs of shoes).
Calculate the profit-maximizing price and quantity of output and economics profits if MicroChip acts as a monopolist and calculate the price/output combination and total economic profits that would result.
Find the revenue maximizing output and price. Calculate the total revenue. Is this outcome on the elastic, inelastic, or unitary elastic part of the demand curve?
What is the opportunity cost of one more candy bar? What is the opportunity cost of one more bag of peanuts? How do the opportunity costs change - Determine the average variable cost?
Using the data in the following table, Complete the last two columns by replacing the * with the correct values and create the following curves in one chart.
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