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At what quantity would a monopolist maximize profits given the following information about her costs and market demand. Total cost of production TC=3000 + Q2. Market demand is given by : Q=3200-2P. What is the firms revenue function, what price would maximize revenue?
Suppose you'll have an annual nominal income of $40,000 for each of the next 3 years, and the inflation rate is 4% per year.
Why the price of computers dropped as their power and features has have increased?
What is the mechanism by which the central bank announcing an inflation target translates into an actual inflation rate and how would your answer to q1 change if households had rational expectations
The global economy in 2011 appears to be headed into a double-dip recession. Based on your knowledge of aggregate demand and aggregate supply, suggest the reasons and causes for the downward tailspin of the economy.
A pharmaceutical company can produce each pill of a new drug at a constant marginal cost given by MC = 5. Note that since the marginal cost is constant, then the average cost of producing pills is also
To what peak if anyone does Wal-mart feel itself affected by Federal tax policy
Elucidate why does the Fed like to fight inflation in our economy and is inflation a concern right now given our current economic situation.
Using algebra find out the effects of this change in cost on profit maximizing output and the optimal profit.
The economy has seen unemployment rate raise from 6% to 9.5%, the inflation rate decrease from 2.8% to 1.2%, and there has been a 24% decline in consumer spending and a 45% decline in investment spending in the same time period.
What will happen to the money supply in a checkable-deposits-only system? a) The required reserve ratio is 10%, and a depositor withdraws $2,000 from his checkable bank deposit.
Demand for refrigerators is often explained as cyclical and very sensitive to refrigerator prices & interest rates. Given these characteristics, explain the effect of each of the following in terms of;
Under what conditions does a nominal tariff applied to an import product overstate or understate the actual, or effective, protection afforded by the nominal tariff? Less-developed nations sometimes argue that the industrialized nations' tariff st..
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