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With a Short-Run cost curve of TC=800,000-5,000Q+100Q2
P=$20,000
What is the marginal revenue function?
What is the profit maximizing level and total profits?
while bob was walking in the park he found a 100 bill. not finding the owner he decided to deposit it in his checking
the village of pescatore is situated next to a medium sized lake in which citizens can fish from privately owned boats.
The economic value which can be created by a transaction between two people, Ed (seller) and Luis (buyer), is $50 as Ed's opportunity cost of selling is $135 and Luis' valuation of the good is $185. If each gains $25 from this transaction,
When an employee is being terminated, what are the appropriate steps to follow? Should the news come from a letter/email or person to person?
Suppose that you can sell as much of a product as you want at $100 per unit. Your marginal cost is MC = 2Q. Your fixed cost is $50. What is the optimal level of output? What is the optimal output , if the fixed cost is $60?
According to the rule for optimal input usage, a firm should hire a person as long as her marginal revenue product is greater than her marginal cost to the company.
Trade Restrictions Effects on Exchange Rates. Suppose that the Japanese government relaxes its controls on imports through Japanese firm.
When the firm increases labor input, which of the following is correct about the relationship between marginal product of labor and marginal cost? Answer If marginal product is increasing, marginal cost will be decreasing. Marginal cost is equal t..
Draw the consumers budget constraint
Determine to the extent possible the relative market shares of these firms. Discuss the degree of concentration in the industry using CR4, other n-firm concentration ratios, H-H indices, etc.
1. apply the appropriate exponential smoothing model to create fit estimates of the monthly data below.nbsp tell me why
Explain how the aggregate expenditure function shifts in response to changes in each of the following variables:
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