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"Market Structures" Please respond to the following:
• From the scenario, assuming Katrina's Candies is operating in the monopolistically competitive market structure and faces the following weekly demand and short-run cost functions:
VC = 20Q+0.006665 Q2 with MC=20 + 0.01333Q and FC = $5,000P = 50-0.01Q and MR = 50-0.02Q
*Where price is in $ and Q is in kilograms. All answers should be rounded to the nearest whole number.
•
o Algebraically, determine what price Katrina's Candies should charge in order for the company to maximize profit in the short run. Determine the quantity that would be produced at this price and the maximum profit possible.
Analyze the effects of a reduction in the nominal money stock on the price level, on output, and on the real money stock when the aggregate supply curve is positively sloped and wages adjust slowly over time
Suppose that the economy of Tunisia in which there are two products, Determine dollar value of gross national income in Tunisia evaluated at exchange rate?
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government licensing of professions is common in our economy. for example one needs a license in order to practice as a
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An investor purchased a five percent, $1000 30-year bond for $850 with 22 years to maturity. The interest was payable quarterly. The bond was kept for only nine years and sold for $950 immediately after the 36th interest payment was received. What no..
Taggart Inc. is considering a project that has the following cash flow data. What is the project's payback? Year 0 1
Does it seem likely that score and class would have a deterministic relationship? That is, is it realistic to think that once you know the size of a student's graduating class you know, with certainty, his or her test score? Explain.
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