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A monopolist's marginal revenues for each of the first eight units that it produces are. respectively; $28, $23, $18, $13, $8, $3, -$2 and -$7 per unit. The marginal costs of producing these same eight units are. respectively; $2, $3, $4, $5, $6, $7, $8 and $9 per unit. What is the smallest per product unit subsidy that must be paid to the monopolist in order to induce it to produce 7 units of its product?
Would you provide the possible reason to explain why the expansionary fiscal policy doesn't work in those countries?
No less than 1000 words (excluding the title page, bibliography and appendices). Question 1. A Study into the Key Principles of Economics.
One month ago, they added five workers, and productivity also increased by 50,000 pages per day. Copiers cost about twice as much as workers. Would you recommend they hire another employee or buy another copier?
Elucidate the balance sheet balances if these are the only assets and liabilities. Supposing that the people hold no currency, what happens to each of these values.
Illustrate what is your opinion of the restaurateur's decisions. Would you recommend that she accept the $66,000 offer.
A charitable university benefactor has decided to donate a large amount of money for student scholarships.
Explain the difference between accounting profit and economic profit. Which should business owners be more concerned with and why? Provide an example that would illustrate how accounting profit and economic profit differ.
What reliance performance would be measured efficient. Elucidate reliance behavior which would be considered excessive.
Illustrate what is the product maximizing level of output for this producer. Will the producer make a positive profit at this level of output.
If the number of labor hours increases by 10% and the number of hours of capital used decreases by 10%, what is the percentage change in output.
Find the Nash equilibrium of this Bertrand game and find the equilibrium output and profit for each firm.
If the Federal Reserve adopts a restrictive monetary policy that leads to relatively high interest ratesin United States, what happens to the demand and supply of foreign currency and the dollar's exchange value.
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