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A local automotive parts factory produced 100 parts. The total variable cost of production was $400 and the average total cost of production was $9.
(a) what is the total cost?
(b) what is the total fixed cost?
(c) what is the average fixed cost?
(d) what is the average variable cost?
q.a firm uses 4 inputs to produce 1 output. the creation function is fx1 x2 x3 x4 minx1 x2 minx3 x4.1 elucidate what
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Economic profit is defined as the difference between total revenue and ________________. Explicit cost total economic cost implicit cost shareholder wealth
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what might prompt the government to establish this price ceiling? next suppose that the government establishes a price floor of $4.60 for wheat. what will be the main effects of this price floor?
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q1. assume which chenyu expects his income to be 50000 per year until she retires. in addition he has accumulated
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As a small investor, can I invest either directly or indirectly - in mortgages? What kind of risks would I be undertaking if I did? Are there any other financial instruments that have similar risks? Given the current economic situation, would you inv..
Does the lender gain or lose from this unexpectedly high inflation. Explain does borrower gain or lose.
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