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A monopoly has two production plants with cost functions C1 = 40 + 0.2Q12 and C2 = 50 + 0.1Q22. The demand it faces is Q = 480 ? 5P. What is the profit-maximizing price?
What is the difference between a change in the quantity supplied and a shift in the supply curve.
Presently, at a price of $1 each, 100 popsicles are sold per day in the perpetually hot town of Rostin. Consider the elasticity of supply.
how much would the original $20,000be worth in three years? What is the present value of the $25,000? Which option should Howard choose?
Research two periods in history, one where the United States experienced an increase in inflation and the other an increase in unemployment. Write a paper discussing the causes and outcomes. Use the aggregate demand and supply models to analyze the c..
Describe what a manufacturer of each product might do in the short run to raise production.
q.bethlehem as well as youngstown two major steel producers accounted for about 21 percent of the national steel market
Consider an economy where there are N consumers, each of them having one unit of available time.
How much income will each acre generate. What are the TR moreover MR for each acre.
what is the social optimum quantity and price. If the government uses a tax to get producers to internalize the externality what is the net price recieved by producers
What is the cost of producing an additional washing machine when 50 cars are being produced? When 150 cars are being produced?
Determine the conditions that may exist for a manager of this good or service may decide to move forward with operations even with the initial costs of operations is more than the potential revenue.
Make sure that you consider two cases. In the first case, the consumer does not pay any tax before x is reduced, and in the second case, the consumer pays a positive tax before x is reduced.
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