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A. What is the shape of the demand curve faced by an individual firm operating under perfect competition? Why does the curve assume that shape?B. If a firm operating under perfect competition cannot cover its variable costs in the short-run, will it continue to produce? Why? Explain.C. What is the shape of the demand curve that the firm operating as a monopoly faces? How does the firm's demand curve differ from the industry demand curve? Explain.D. Under monopoly, what is the relationship between price and marginal revenue? At what point does the firm produce in order to determine the output level and price required to maximize profits?E. As a monopolist, a firm will produce a given output at a particular price in order to maximize its profits. What is the overall constraint, if any, on the monopolist with regard to price and the quantity produced?
Draw a diagram showing the current situation of the firm. In addition to the above information, suppose the price of the output is $13/unit, if the firm wants to maximize its profit, what should it do? Explain in detail with the aid of a diagram.
Ellucidate what happens to the price of a bond that pays a fixed percent of the face value every year when interest rates in the economy increase.
B3 Oraganization is a manufacturing firm that uses job order costing. The company applies overhead to jobs using a predetermined overhead rate based on machine-hours.
Illustrate what is the relationship between the variable that you selected and the economy. What trends do you see in the data sets.
Explain why do economists believe that the CPI overstates the rate of inflation
Explain and discuss the mechanisms by which this has occurred, and contrast our experience with: a) the recent performance of many NICs (newly-industrializing-countries) in the last few decades
Elucidate how tax credit to a business would help to stimulate the economy.
On your computer, go to an Internet search provider and type in "supervisor job openings". Choose three job openings related to a managment position that list required skills. Create a one-page summary listing the job title, job location, and the ..
How much have prices risen between 2000 and 2010? Compare the answers given by the Laspeyres and Passche price indexes.
Estimate possible macroeconomic arguments might President Obama use to defend his $862 billion fiscal stimulus package as a part of his economic recovery plans?
Suppose you are Chief Economist of the FCC. The Chairman has called you in to discuss a thorny issue. Two wireless broadcasters operate on adjacent frequencies.
As per international political economics theory as a central part, I need to identify problems with organizing the international currency system.
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