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During the previous month, a firm produced 250 tablet devices at an average variable cost of $40 and at an average fixed cost of $10. What were the firm's total costs during the month?
much has been made of the fact that people dont consistently act with scientific rationality. what is meant
Draw the demand curve for x with Px on the vertical axis and x on the horizontal axis.
1. which of following is necessarily true regarding total utility tu and marginal utility mu?a diminishing mu implies
Short-term loans between banks are called
Show the impact on the equilibrium price and quantity that results from; (1) an increase in demand and (2) an increase in supply.
A government researcher examines the factors that influence a city's crime rate. For 41 cities, she collects the crime rate (crimes per 100,000 residents), the poverty rate (in %), the median income (in $1,000s), the percent of residents younger than..
Marketing mix is the controllable set of activities that the firm uses to respond to the wants of its target markets. Create a 300–400 word response on the marketing mix and submit to this discussion thread.
Discuss the hicksian and slutskian approach to consumer behavior where there is change in price of one good given two goods
A production lot of 25 units required 103.6 hours of effort. Accounting records show that first unit took seven hours. What was the learning rate?
Explain the tools used to pursue expansionary and contractionary fiscal policy. During which phases of the business cycle would each be appropriate? Explain what is meant by a built-in stabilizer and give two examples
Allen and Aimee put $70,000 of their own money into the firm
If people behave according to rational expectations theory, people would expect the rate of inflation this year to be:
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