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TC =120-12Q+25Q^2, what's the fixed cost and variable cost. if FC=120, VC=25Q^2-12Q, how could the VC go below zero after it crosses with the origin. (VC<0 when 0<Q<12/25).
If you buy a new car the entire purchase is counted as consumption in the year in which you make the transaction. Explain briefly why this is in some sense an 'error' in national income accounting.
compare and contrast the impact of an unexpected shift to a more expansionary monetary policy under rational and
Questions: : Which of the following are likely to be fixed costs and which variable costs for a chocolate factory over the course of a month? Explain your choice.
What would be the appropriate fiscal policy to help our economy? Please evaluate how our economy is doing and why you selected your respective fiscal policy action. What are some of the challenges of using fiscal policy to sta..
"The laws of supply and demand andicate that higher prices are ineffective in reducing smoking. In particular, higher cigarettes prices willn reduce the demand for cigarettes. This reduction in demand will push the equilibrium.
What is the net present value of this proposed project? If efficiency was the only objective for making the decision and we have fully accounted for all costs and benefits would you recommend the project go ahead or not?
1. Suppose the government imposes a tariff on all imports. Use the DD-AA model to an- alyze the effects this measure would have on the economy. Analyze both temporary and permanent tariffs. 2-Suppose there is a permanent fall in private aggregate ..
For a typical competitive firm, the price in the long run equilibrium will tend to: be greater than average cost, be equal to average cost, be less than average cost, intermediate
Assume there are 400 families in a community. Each of these families spends exactly $100 plus one-half of its total income each week on consumption. Half of the 400 families are considered poor-they each receive incomes of $200/week. The other hal..
instructions unless otherwise stated all true or false questions require graphical illustration. properly drawn graphs
explain why the aggregate supply curve is vertical in a graph with the price level on the vertical axis and real gdp on
abc corp. owns a piece of land and building a few miles from its headquarters. the land originally cost abc 500000 to
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