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A manufacturing company leases the machine for $31,000 per year. Each unit produced cost of $36.77 in labor and $60.02 in materials. To breakeven 21,000 units should be sold. What is the price of the product? Provide answer with precision to cents.
From the e-Activity, examine the federal budget over the past 25 years. From the data, determine which of the two (2) forces appears stronger: falling revenue or spending growth. Speculate on the main reasons for the trend. Provide a rationale..
illustrate the following with supply and demand curves. for each include 1-3 sentences explaining your graph. for full
Compare and contrast the demand curve for public goods and the demand curve for a private good. Evaluate the impact of the current trend toward the expansion of government services.
If there are diminishing returns to the variable input, will average variable cost necessarily increase with increase in output?
what is the golden rule of profit maximization? explain why the rule maximizes profits. why are economic profits zero
Describe the phenomenon of market foreclosure. Specifically, describe how a vertical merger may "substantially lessen competition or tend to create a monopoly" through virtue of market foreclosure.
you are the manager of a California winery.then how would you expect the events to affect the market equilibrium price you receive for a bottle of wine.
in 2008 the debt of canadian households rose much faster than their wealth as stock markets corrected and the
Sometimes market activities (production, buying, and selling) have unintended positive or negative effects outside the market's scope. These are called externalities. As a policy maker concerned with correcting the effects of gases and particulate..
Thinking About Thinking
If the government were to make university attendance mandatory and subsidize tuition costs with tax dollars, how might this affect a nation's economic growth?
a scalping world cup tickets not an easy taskb the economics of scalping super bowl ticketswhen listening please pay
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